Top Crypto Analyst Turns Skeptical on Big Bitcoin (BTC) Price Predictions for 2023 – Here’s Why
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Benjamin Cowen says he's doubtful Bitcoin will reach $250,000 by 2023. Cowen sees a choppy and unexciting Bitcoin market for the next two years. He says he doesn't believe Bitcoin could even hit the six-figure price range in the next 18 months. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is an investment advisor, and any loses you may incur are your own responsibility. Inflation is likely to be a huge turnaround for Bitcoin to go to a quarter million dollars in just 18 months, Cowen said. Instead of a monumental rally, he sees us finalize this bear market some time this year and then enter into an accumulation phase like we did in 2019. Source