They predict that by 2023 Bitcoin will be in bull mode: it will reach $100,000 in a few months


Bitcoin (BTC) closes the day with its price in a completely comparable range 16,000 US dollarsuntil remaining cryptocurrencies had a positive return in the last 24 hours.

Based on information about CoinMarketCap, the price BTC did not change and kept its price higher than 16,500 US dollars. In turn Ethereum (ETH) had a slightly negative result registering a fall of 0.1% in the last 24 hours, which leaves its price in the range 1200 US dollars.

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Weekly results remain slightly negative, con BTC 1% down during that time ETH decreased by 2% compared to the price last week.

Bitcoin au$s 100,000 in 2023

In this context, several market analysts assured that Bitcoin’s recent situation could help BTC over $100,000 sometime next year.

This is how the specialist explains Alan Tardigradewho defined Bitcoin as risky rather than a security – or, in other words, he explained that it is a type of investment that is more like stocks than gold.

In more detail, BTC already has a 20-week bullish divergence, indicating a weakening of BTC’s downward momentum. “BTC may have a big rally,” the sentence on his Twitter thread.

WHAT ABOUT THE REST OF CRYPTOCURRENCIES?

Second, The ten cryptocurrencies with the largest market cap they arrive at the end of the week, according to CoinMarketCap, and their prices are rising compared to the last 24 hours.

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The best case is Dogecoin (DOGE), which reported an 8% gain in the last day, with the price remaining at $0.088. As for the rest of the quotes, the prices varied as follows:

  • Cardano (ADA): u$0.3 (0.3% earned)
  • Polygon (MATIC): $0.8 (down 0.6%)
  • Binance Coin (BNB): $299 (0.6%)
  • Ripple (XRP): u$0.08 (comes to 7.2%)

This is how he opened up the cryptocurrency market.

On a weekly basis, almost all major cryptocurrencies are green: DOGE comes this 3 percent. BNB up 9% while XRP was 6% positive. Second, MATICS decreased by 6% and ADA has a slight negative 4% over the last 7 days.

Bitcoin fear or greed index.

Finally, Bitcoin fear or greed index is marked 20 pointswhich means extreme fear and could be a sign that the market will fall in the near future.


Source: news.google.com

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