December has been a GOOD month for bitcoin (BTC/USD), which hit monthly highs of $42K after starting the month just under the $38K mark. If you've just tuned back to the crypto space, you should know that a combo of interest rate cut bets, anti-USD sentiment, and anticipation of bitcoin ETFs getting approved have pumped BTC/USD up the charts in the last couple of weeks. The pair got extra extra attention this week after it hit new 2023 highs at $42K. Heck, those are levels not seen since April 2022!