The Bitcoin price in a month

The current price for Bitcoin is more than 110k USD. This is the all-time high price that it has created now and in the last month, there has been significant price growth in the Bitcoin market. I've shared a chart for 30 days where you can see that one month back the price was about 94 KUS dollars but now it is 111K US dollars. So this way there is a growth of 17K US dollars as a whole which I think is a good amount.

People are expecting that the Bitcoin price is going to be around 150 KUS dollars this year which is also possible looking at its overall adoption and the increasing demand in the market. The Bitcoin ETF is another region of higher demand is rising and a lot of institutions are buying Bitcoin in bigger quantities.

This time people who are holding Bitcoin must be happy but the more important people are not because there is no good increase in the altcoins and popular points like ethereum and xrp are not at the price we all expect. It means the cycle is good for Bitcoin as of now but not for the altcoin and we don't know when the market is going to be bullish for the altcoins.

It is always suggested to keep the Bitcoin in portfolio and at the same time it is also important to have some alt points but the ratio should not be big because ultimately Bitcoin is the leader in market so sooner or later we can expect more value appreciation on this however we just cannot ignore alt coins because sometimes few points perform very good and turn out to be giving even better profitability on the investment.

Thank you so much for stopping by and if you like my content, please vote and share your thoughts in the comments section.