The cryptocurrencies They are still on everyone’s lips, even if this is not a good thing. In recent weeks we have witnessed price declines in the assets with the most weight within the market and, in fact, Bitcoin seems to be going the same way in terms of its position within the market.
As indicated by the CNBC, the forecasts about this cryptocurrency are not encouraging. In fact, what has been seen is that the general trend of bear markets can place bitcoin in a position that it has not been in for a long time, and this is with a price close to $5,000.
In fact, the predictions made speak about that bitcoin would reach this value during 2023 and, therefore, its fall would be a great blow to investors. Of course, in the event that this situation occurs, the truth is that it could be an interesting moment for those people who want to invest without risking too much money.
Returning to the situation that bitcoin will experience throughout 2023, the possible scenarios for bitcoin throughout 2023 are several. Among the possible surprises that can give this currency has several falls throughout 2022 and it has not recovered as expected in recent months.
The forecasts are not positive: Bitcoin would lose weight in the market
Maybe the forecast of the bear markets It has taken over what can be expected from bitcoin, but these drops would not only affect investors’ favorite virtual currency. A rise in the price of gold of 30% is also expected which would mean that this asset was on the rise for quite some time.
In fact, it makes all the sense in the world. And, is that, by losing confidence in these digital assets, key elements such as gold should experience a general rise in price. This would be good news for all those investors who have remained faithful to classic assets.
At the moment you can only speculate and, although it is what is usually done in the market, the truth is that it makes more and more sense for cryptocurrencies to lose value until they disappear. We will have to wait and see how bitcoin fares throughout 2023 and the years to come, although the surprises may not be pleasant.
