Could BTC's price rise 1,400% over the next 12 months?
Forward-looking: To say 2022 was a rough time for crypto is an understatement. Following a long period of rising prices and delighted investors, last year saw the arrival of a crypto winter that brought Bitcoin's price crashing down, bankrupted companies, and wiped over $1 trillion off the market, and that's not even mentioning the collapse of FTX. But what will 2023 bring? Analysts' predictions vary wildly, from Bitcoin almost quadrupling its previous record high and reaching $250,000, to the digital coin crashing to $5,000, which would be its lowest price since 2019.