look at the second quarter: is Bitcoin in front of a comeback or has the worst have not yet overcome?

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Bitcoin: Bietet das zweite Quartal 2023 neues Potenzial für die Kryptowährung? Nach einem turbulenten ersten Quartal hat Bitcoin (BTC) die Aufmerksamkeit der Anleger auf sich gezogen. Zu Beginn des Jahres erlebte die digitale Währung einen Höhenflug und erreichte ein Hoch von fast 109.000 $. Doch dann folgte der Rückschlag, der den Kurs auf rund 78.000 $ fallen ließ. Anleger fragen sich nun: Kann sich BTC im zweiten Quartal 2023 wieder erholen? Ein historisches Muster Marktanalyst Ted Pillows sieht positive Anzeichen und verweist auf auffällige Parallelen zum zweiten Quartal 2017. Damals startete Bitcoin nach einem ruhigen ersten Quartal durch und stieg …
Bitcoin: Does the second quarter of 2023 offer new potential for cryptocurrency? After a turbulent first quarter, Bitcoin (BTC) attracted the attention of investors. At the beginning of the year, the digital currency experienced a high flight and reached a high of almost $ 109,000. But then the setback followed, which dropped the course to around $ 78,000. Investors are now wondering: Can BTC recover in the second quarter of 2023? A historical pattern of market analyst Ted Pillows sees positive signs and refers to striking parallels for the second quarter of 2017. At that time, Bitcoin started after a quiet first quarter and climbed ... (Symbolbild/KNAT)

Bitcoin: Does the second quarter of 2023 offer new potential for cryptocurrency?

After a turbulent first quarter, Bitcoin (BTC) attracted the attention of investors. At the beginning of the year, the digital currency experienced a high flight and reached a high of almost $ 109,000. But then the setback followed, which dropped the course to around $ 78,000. Investors are now wondering: Can BTC recover in the second quarter of 2023?

a historical pattern

Market analyst Ted Pillows sees positive signs and refers to striking parallels in the second quarter of 2017. At that time, Bitcoin started after a quiet first quarter and rose from around $ 1,400 to an incredible $ 20,000 to December. Should this historical pattern be repeated, BTC could also surprise this year with a remarkable rally towards all -time high (ATH).

customs effects already priced

In addition, the cryptoma market seems to have already had the worst behind it. When the announcement of new import tariffs was published in February 2023, there was a violent reaction of the entire market, with significant burglaries. Months later, the effects of these tariffs seem to manifest themselves in the current courses. This leaves room for possible relaxation or even for a new upward trend.

Buy now as long as it still works?

Of course, nobody can predict what will happen in the near future. Political decisions or unexpected economic measures could affect the markets at any time and create unrest. However, if it remains calm for the time being, this could be one of the last occasions to acquire Bitcoin at a comparatively low price. Maybe now is the right time for the famous "Buy the Dip" moment.

The coming weeks will offer decisive indications for investors who want to react to the development of Bitcoin. It remains to be seen whether the course actually recovers, but the signs are on change.