BTC’s price has rallied by 40% since 1 January. Investors have recorded significant gains, and now, a price reversal might follow. Exchanging hands at the $23,200 price mark at press time, the leading coin Bitcoin [BTC], currently trades at levels last seen in August 2022. On a year-to-date basis, BTC’s price has rallied by 40%,
![Bitcoin’s [BTC] price reversal might be on the cards?](https://images.cryptocompare.com/news/default/ambcrypto.png "Bitcoin’s [BTC] price reversal might be on the cards?")
