Industry Players Make Bitcoin Price Predictions

Tim Draper had once predicted bitcoin to hit $250,000 by the end of 2022, however, he has now extended the timeline for his prediction till mid 2023.

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Standard Chartered has predicted that bitcoin may sink as low as $5,000 in 2023.

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Standard Chartered’s prediction would represent a 70% plunge from current prices.

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Veteran investor Mark Mobius predicted bitcoin would drop to $20,000 when it was trading above $28,000.

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According to Mobius, Bitcoin could go as low as $10,000 in 2023.

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Carol Alexander, professor of finance at Sussex University, has predicted a bull run of 2023.

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According to Alexander, bitcoin will top $30,000 in the first quarter, and then $50,000 by quarters three or four.

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