Always one to defy the odds, Bitcoin started 2023 with a bang, recording a 39.9% increase in price to close at $23,127 on 31 January 2023. In fact, this 39% increase represents the best January movement since 2013. So, the question remains, is Bitcoin really back? Are we done with that brutal bear market that saw Bitcoin drop from a high of $69,000 to $15,000? Some analysts seem to think so. Most notably Plan B. He thinks we have seen the worst of the bottom, and that we’re slowly but surely rising up toward the halving. True to tradition, Plan B’s price predictions typically span a wide range, with his 2025 prediction ranging from $100K to $1M.
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