How Bitcoin Will Perform In 2023?

 

Bitcoin may fall 76% from its current levels by 2023, down to $10,000, according to a Stifles Barry Bannister note. Bitcoin could fall as low as $10,000 by 2023, according to Stifel, due to normalisation in interest rate policies from the Federal Reserve. Digital Coin Price predicted Bitcoin would rise by more than $60,000 during the first month of the new year, pushing its price to a new ATH between $260,000 and $280,000. Now, it is time for us to do some realistic predictions about BTC price through late 2021.

As expected, our bitcoin price prediction 2022 2022 will have bitcoin back at $32,000 level before end of 2023. With this in mind, our Bitcoin price prediction 2025 estimates Bitcoin may hit an $80,000 valuation by end of this year. Bill Noble, senior market analyst for Token Metrics, recently made his own Bill Noble Bitcoin Price Prediction, with the goal being $75,000 by the end of 2021. Bitcoin has recently reached an all-time high, with Bitcoins current price of $49,033.99.

This future scenario for the coins price could come true if the bullish movement continues globally. Bitcoin is hoping for a better future in the long run, with a high price of $234.04k predicted for BTC at the end of next five years, while a low price of about $172.990k is predicted by the end of 2025. The long-term forecast prediction for 2021 suggests fairly high levels of volatility, with the BTC price fluctuating by about $10,000 per month.

In a new interview with InvestAnswers, one of the well-known crypto analysts offers his take on one prediction, which is that bitcoin may increase more than 1000 percent above the current price by 2023. A popular crypto analyst says that he no longer believes Bitcoin can even break into six-figures within the next 18 months. A popular crypto analyst says he is skeptical about whether massive predictions about Bitcoin (BTC) in the coming year can be realized.

Given all of the huge price predictions by industry experts suggesting Bitcoin will one day replace all currencies around the world, it is easy to understand why many are bullish on Bitcoin, and why bitcoin price predictions could hit such lofty numbers, from thousands, even more than $1 million, for each BTC. Given last years lows and highs, and lows and highs predicted by analysts and industry experts, it is easy to see how opening short or long positions using 100x leverage to trade Bitcoins volatile price fluctuations could prove to be highly profitable, even more so than investing Bitcoin.