Bitcoin could reach a potential high of $43,959.19 in 2023.
With the Bitcoin halving event, the market is set to witness a new all-time high in the crypto industry.
Bitcoin is forecast to reach a high of $250,000 by the end of 2030.
According to CoinPedia's price prediction, if the institutional investments and acceptance of Bitcoin continue to grow, the price could reach a maximum of $43,959.19 by the end of 2023. However, if there are concerns around PoW chains and energy consumption that worsen, we can expect the Bitcoin price to settle at lower levels around $23,218.00
Based on Bitcoin predictions in the past, we can assume that BTC price will most likely move sideways for the next two years. However, a bull run could start in 2024, which is also when the halving event occurs.
Is Bitcoin a good investment ? Check detailed Bitcoin price prediction on Coinpedia.
Comments
0 comment