Traders may buy the Bitcoin BTC when the MACD crosses above its signal line orange line and Sell, or short, the Bitcoin BTC when the MACD blue line crosses below the signal line. The highest recorded price of Bitcoin in US Dollar was on Nov, 10 2021, when the BTC price reached its all-time high of 68,770 USD per 1 BTC. Currently, the BTC/USD exchange rate is down -60.83% since its ATH. In its early days, Bitcoin traded for a fraction of a penny. By 2022, BTC had reached an all-time high approaching $70,000. Many predict new all-time highs yet to come, while others are more bearish on Bitcoin’s future. Bitcoin BTC circulating supply history up until August 2, 2023 Should I buy Bitcoin or wait for another price drop? Our Bitcoin price prediction sees BTC fall 17% to $21,525 by the end of 2023. Bitcoin is currently in a bearish price pattern and is unlikely to make a significant recovery by the end of the year.
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