Bitcoin Kicks Off 2024 with Optimism, Surges Above $45K

Bitcoin Kicks Off 2024 with Optimism, Surges Above $45K

At the time of writing, Bitcoin is trading at $45,502, up 6.51% in the last 24 hours.
If the price manages to go past the $46,200 mark then the price will likely test $47,300.
Prominent Bitcoin supporter Michael Saylor has declared 2024 “The Year of Bitcoin,” a reflection of the industry’s lofty ambitions.
On December 27, 2023, MicroStrategy, headed by Michael Saylor, made a daring move by acquiring 14,620 BTC, which is worth almost $615 million. A total of 189,150 BTC is now in MicroStrategy’s possession, thanks to this purchase.
Major Developments Underway
With Bitcoin’s price going above $45K today, the year 2024 got off to a fantastic start. The cryptocurrency market is optimistic right now, which bodes well for the rest of the year. In addition, the Bitcoin halving, which is happening in a matter of months, is expected to have a significant impact.
At the same time, everyone in the cryptocurrency sector is waiting impatiently for January 10th, when potential spot Bitcoin

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