Will Bitcoin see expected prices in the coming years?
May 28, 2022
Bitcoin, which is in the first place with its value among the new payment systems that are changing in the world, is falling rapidly. For BTC, which is below expectations, the future brings with it a hopeful expectation.
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The Miami Bitcoin conference was the largest Bitcoin meeting with over 35,000 attendees. Many different price predictions from Bitcoin heroes were shared at the conference, but none as interesting as the prediction made by PayPal co-founder Peter Thiel. We cover the ambitious forecast and 2023 Bitcoin expectations.
What is the price prediction for Bitcoin in 2023?
Peter Thiel, co-founder of PayPal, said with immense belief that Bitcoin has the potential to increase 100 times by the second quarter of 2023. Peter Thiel firmly believes this and said:
“We will try to expose them and we will realize that this is what we have to fight for Bitcoin (BTC) to go up 10x, 100x from here”.
Peter also claimed that the “real” competitor for Bitcoin is $115 trillion worth of global stocks. As Bitcoin moves towards a trillion-dollar market cap, there is still a long way to go. A strong statement from such a respected investor was a huge vote of confidence for the crowd.
24 hours Volume
Bitcoin currently stands at $28,794.94 USD with a market cap of $548,588,322,803, making it #1 on the most valuable coins list. BTC has a 24-hour volume of $31,528,942,901 according to the TechNewsLeader Price Index. Bitcoin’s price value has changed -0.95% in the previous 24 hours. There is a -2.11% change in BTC price in the last 7 days. Limited to a maximum supply of 19,051,550 coins.
Bitcoin Price Prediction
BTC forecast up to $37.020.71
BTC forecast up to $51,738.45
BTC forecast up to $73,725.08
BTC forecast up to $108,154.95
Fundamental analysis is essential for long-term Bitcoin price predictions. In terms of industry benefits, the local token offers several. The autonomy of the digital economy makes it ideal. As DAPPs and stablecoins evolve, the network offers competitive programmable payment, logistics and storage options. If it attracts more investors, the average price of BTC is likely to rise to around $51,738.45 by 2023. For 2023, the year can end with a minimum price of $61,194.03 maximum. $50,257.62 level.
It is estimated that the bitcoin price will reach the minimum level of $53,038.77 in 2023. Bitcoin price could reach a maximum of $64,734.01 during 2023 with an average price of $54,570.32.