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Bitcoin Price For 2023
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[QUOTE="Suba, post: 289982, member: 3658"] According to Coinmarketcap the current Bitcoin price is $16,671.30. fell 0.97% for 24 hours, and I predict that until Jan 10, 2023 the price of Bitcoin will drop to $ 16,515.50. Even when there was a collapse of the crypto exchange FTX which caused panic selling until the Bitcoin price plunged to $ 15,770.20. (Nov. 21, 2022). Currently, we cannot expect too high, blue macro fundamentals from rising interest rates, high inflation and recession risks for 2023 will reduce demand for all high risk investment instruments. On December 25, 2022 the total trading volume of the crypto market fell to US$20 billion to match that of 2019. Bitcoin miners are losing money, so they are selling their Bitcoin deposits and increasing selling pressure, or supply is increasing. Based on the fundamental data I collected and Trendline analysis, the Bitcoin price for 2023 will drop below $10k [/QUOTE]
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