How much will bitcoin cost in 2023?

Making wealth creation easy, accessible and transparent. Bitcoin price predictions range from $250,000 all the way down to $5,000. Inflation is a key factor in Bitcoin's price in 2023. Some believe that this year could precede a big rise in Bitcoin prices next year with Bitcoin halving.

Why did bitcoin fall over 60% in 2022?

Bitcoin fell over 60% in 2022, driven lower by a series of high-profile company failures and a bleak macroeconomic climate. Those who made predictions about bitcoin’s price last year really missed the mark. Some market players have stuck their neck out with price calls for what could be another volatile year.

Will bitcoin sink as low as $5,000?

For some market participants, the worst is yet to come. In a Dec. 5 research note, Standard Chartered said bitcoin may sink as low as $5,000. The prediction, one of the bank’s list of “surprises” that are being “under-priced” by markets, would represent a 70% plunge from current prices.

What is the price target for cryptocurrencies?

Matthew Sigel, head of digital assets research at investment firm VanEck, is looking ahead to a similar price target. He predicts that the cryptocurrency will fall to between $10,000 and $12,000 per coin in the first quarter of next year.