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Bitcoin Price Prediction: BTC traders in dire need of a realistic price target

From fxstreet.com

Bitcoin (BTC) price has advanced substantially in the first weeks of the year as global markets kept deaf, dumb and blind to the warnings of the central bankers that with the new year, all problems for 2023 will be suddenly erased. Inflation will remain a big topic for 2023, as central bankers might be right that inflation is nowhere near where it needs to be. Markets have been too eager to price in the current declines as being a straight line to the downside, meaning that markets would or want to quickly pop higher towards their all-time highs, which seeing the current situation, is not likely. Bitcoin price set ... (full story)

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  • Category: Fundamental Analysis