Experts predict what will happen to Bitcoin in 2023!

The emergence of cryptocurrency literally turned the world upside down. This was even more influenced by Bitcoin, the most popular crypto.

From year to year there are discussions: is it worth buying a “bitok”? There is a huge amount of predictions and advice and publications on the Internet. What will happen to this crypto in 2023?

More and more analysts are starting to say that Bitcoin predictions are a cutthroat business. Just last year, its price fell by almost 60%.

The new year 2023 did not start very well for crypto-businessmen. The cryptocurrency market lost $1.3 trillion instantly for several reasons:

 FTX declared itself bankrupt.
 Interest rates have increased.

The set of negative factors, so to speak, says: “now is not the best time to invest in crypto.” But until now, there are experts who say that bitcoin will rise, you should buy it today.

For example, Tim Draper, a billionaire venture capitalist, claims that Bitcoin will rise in price to $250,000. He is sure that this is not the limit, and crypto will become more expensive by 1400%.

The billionaire says that the crypto market has now sunk to its true bottom, that it has nowhere to go. Now just grow, grow and become more expensive.

At the same time, Standard Chartered forecasters assure that its fate is tragic. Most likely, it will drop in price further to 5 thousand dollars.

Therefore, it is better to wait with investments now and save assets. Crypto exchanges are now facing a new problem, insufficient liquidity is causing investors to lose faith in cryptocurrencies.

In general, predictions are 50/50, it is impossible to understand exactly how things will turn out. Currently, the current value of bitcoin is $16,835.