Bitcoin’s 2023 Surge: Bitcoin has risen over 130% this year, with upcoming factors including the December 13 FOMC meeting and the December 12 US inflation rate announcement potentially influencing further price movements.
Interest Rate Impact: The Federal Reserve’s upcoming decision on interest rates, which might remain stable or decrease, is expected to affect Bitcoin’s value. Lower interest rates could encourage investment in BTC.
Spot BTC ETF Prospects: The potential approval of a spot Bitcoin ETF in the USA, especially by firms like BlackRock with a strong ETF approval track record, could significantly boost Bitcoin’s price.
Is BTC Gearing up for a Final Sprint?
It is safe to say that 2023 has so far been a highly successful year for Bitcoin. Its price jumped by