Bitcoin ($BTC ) has seen significant fluctuations over the last year.
1. **Price Movement**: Over the past year, $BTC experienced a peak of around $69,000 in November 2021 and a subsequent drop to around $20,000 by late 2022.
2. **Major Events**:
- **Market Sentiment**: Various factors influenced Bitcoin's price, including interest rate hikes, inflation concerns, and regulatory news.
- **Adoption**: Increased adoption by institutions and companies, as well as interest in ETFs, contributed positively to its price.
- **Market Crashes**: Events like the collapse of major crypto exchanges and regulations in different countries led to sharp declines.
3. **Current Trends**: As of late 2023, $BTC has demonstrated some recovery and stability, mostly trading between $25,000 to $35,000.
4. **Technical Indicators**: Analysts often look at moving averages, RSI, and other tools to gauge BTC's market direction.
