Unstoppable Bitcoin price in January 2023

Greetings again my dear friends hoping that everyone is well, and also, very attentive to the movements of the price of Bitcoin, we know that the queen cryptocurrency drives the value of the entire cryptocurrency market, or at least its vast majority, for no one is a secret the great challenges that the Bitcoin market went through last year 2022, however, the first month of this year 2023 (January) everything seems headed for a remarkable recovery in the price of the most important and recognized cryptocurrency on the planet, ie Bitcoin.

Therefore, if we talk about percentage we can say that the BTC, has increased its value by about 40% in January 2023 in relation to how the price closed last year 2022, this effect has resulted in an increase in the value of the price of other cryptocurrencies, where we must undoubtedly point to the second most recognized and valuable as it is Ethereum.

It is important to highlight that all this happens due to the expectations generated as always by the FED, and its decisions in relation to the gradual increase of interest rates, so it is interesting to wait for the moment of originating a possible brake to the high inflation to which the FED always seeks to twist the arm and implement the reverse process with interest rates, of course, there are other factors such as increased confidence in the crypto community to be leaving aside the adverse effects of the falls of some Exchanges.

So this month of January 2023 seems to be the beginning of the expected cycle of recovery or stabilization of the Bitcoin market, which we know still has a long way to go in relation to its historical value and many of us believe that it must overcome it in the next year 2024, but before that, it must continue to stabilize its value and go in sustainable escalations over time, based on the reality surrounding the entire financial world globally, where the Bitcoin is already an essential part and many already value it as an essential part of the market, it must continue to stabilize its value and go in sustainable escalations over time, based on the reality that surrounds the entire financial world globally, where the Bitcoin is already an essential part and many already value it as a useful financial tool in the short term, only taking into account some regulatory measures adapted to certain region.

Actually the first month of 2023 has raised the optimism of all of us who are part of the cryptocurrency market, the same president of the FED I have heard him say that interest rates could remain high for some time considered, that is why we all think that the value of Bitcoin can overcome sooner rather than later the barrier of 25 thousand dollars, let's hope that is what continues to happen with the price of Bitcoin in recent weeks, and surely we will all be attentive to it, at the time of writing this article its price is at 23. 130 dollars as you can see in the following graph.

_{Screenshot obtained from coingecko.com}

Until another opportunity my dear friends.