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Bitcoin will surge in 2023 — but be careful what you wish for By Cointelegraph


Bitcoin will surge in 2023 — but be careful what you wish for

The (BTCThe () community is divided over whether the token’s value will rise or fall in the coming year. Most analysts and technical indicators predict that the price could fall to between $12,000-$16,000. This is due to a volatile macroeconomic environment, stock markets, inflation, Federal Reserve data, and (at minimum according to Elon Musk), a possible recession that could continue until 2024.

On the other side, influencers, BTC maximalists and a range of other fanatical “shills” maintain its price could skyrocket to $80,000 and beyond.

Daniel O’Keeffe He is a Web3 copywriter and PR specialist who started investing in Bitcoin in 2013. He was previously a J.P. Morgan compliance analyst for three years. State Street (NYSE:). He holds a master’s degree in computer science from the University College Dublin and a legal degree from the University of Limerick.

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