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Bitcoin Is Up 83% in 2023, but Can It Keep Rising Forever?

TheMotleyFool

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Bitcoin Is Up 83% in 2023, but Can It Keep Rising Forever?: https://g.foolcdn.com/editorial/images/739740/bitcoin-wallet.jpg

Last year was one to forget for Bitcoin (CRYPTO: BTC) and cryptocurrency investors, as the market tanked amid rising interest rates. Investors weren't that interested in risky assets in this type of macroeconomic environment.

But 2023 has been a different story. As of this writing, Bitcoin has soared 83% this year, better than the overall crypto market. Believers in this top digital asset might be thinking about investing. But can Bitcoin keep rising forever?

Bitcoin is characterized right now by strong momentum and renewed optimism. However, there are three key risks investors should know about to help temper their expectations a bit.

Source Fool.com

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