Despite the 82 percent drop in the valuation of the crypto market in the past year and the inability of bitcoin to recover beyond $4,000 in the past three months, one analyst sees the dominant cryptocurrency surpassing $150,000 by 2023. Josh Rager, a cryptocurrency technical analyst and investor, said that based on the price trend of bitcoin since 2011 and the pattern of bitcoin rebounding from a correction following an all-time high, he sees bitcoin achieving a new peak price in 2,051 days, by 2023. The next Bitcoin cycle should peak out in July 2023 and could reach a price
The post Bitcoin Price Could Blitz Beyond $150,000 During Next Bull Cycle in 2023 appeared first on CCN
source https://www.ccn.com/bitcoin-150000-2023-next-cycle-analyst
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