“BTC will be between $50k and $100k in 2-3 years”

0
Schuldencrisis: Crypto-platform Genesis heeft meer tijd nodig, aldus CEO

2023 has only just begun and bitcoin (BTC) is giving hope to many that it has a significant increase in store for the coming year. For example, you could read in the Bitcoin news yesterday that the bitcoin price had reached $21,450 on Sunday night. This is no less than 30% higher than during the turn of the year.

At a crypto conference in Switzerland, CNBC spoke to several industry insiders about their outlook for the coming year regarding the bitcoin price.

2023 is a recovery year for BTC

Despite the wonderful start to this year, the outcome of just about every interview was that 2023 will not yet be a year full of fireworks.

Bill Tai, venture capitalist and crypto veteran, gave in his interview indicates that he is still a new one low expected for BTC. Currently, a price around $15,500 is the low of the current bear market, but Tai does not believe that this was the bottom. In his opinion, $12,000 is the absolute low point to which the price could fall.

Meltem Demirors, chief strategic officer at CoinShares, expected that BTC will mainly trade between a range of $15,000-$20,000 on the downside and $25,000-$30,000 on the upside.

New bitcoin bull run

Scaramucci calls 2023 a “recovery year” and expects a price between $50,000 and $100,000 within two to three years:

“You take risks, but you also believe in Bitcoin adoption. So if we get the adoption right, and I think we will, this could easily be a $50,000 to $100,000 asset over the next two to three years.”

Earlier you could read that the well-known Dutch analyst PlanB expects a price of at least $ 100,000 in the year 2025. He also expects a price of $ 32,000 or more when the Bitcoin halving takes place, around March 2024. Or the expectations of the big boys from the industry will actually play out, remains to be seen.

LEAVE A REPLY

Please enter your comment!
Please enter your name here