2023 is here, and with that comes an influx of predictions regarding the price of Bitcoin during the year. The past 12 months have been particularly devastating for the cryptocurrency, which lost upwards of 70% of its dollar value.
That said, many seem to be quite optimistic about the short-term future of BTC. Here are four great and one not-so-much predictions for 2023.
Tim Draper Says BTC to $250K
Tim Draper is perhaps one of the most outspoken and prominent Bitcoin permabulls. As such, it comes to no surprise that he maintains his optimistic stance and considers that it’s possible for the price to reach $250 by the end of the year.
This would require a rally of around 1400%.
Draper is also quite positive about the 2024 halving, thinking that it will have a great impact on the prices.
Tim Draper. Source: TechCrunch
Carol Alexander: $50K in 2023
Another one with a positive prediction is the professor of finance at Sussex University – Carol Alexander. She was getting somewhat close
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