Cryptocurrency market maker Cumberland said that the adoption of cryptocurrencies by users will reflect positively on prices in 2023, but this will happen after a certain period.
Van Bourg, Commercial Manager of Cumberland twitter In a post he made, year 2023 to the cryptocurrency market made statements about User adoption positive for prices in 2023 The company stated that it will reflect “As the market reorganizes itself” a living “from the ripple period” thinks it will happen later.
In his statement on the subject, Bourg said that China and Russia are the “j” of Bitcoin.its eopolitical importance“He said he would increase it. In addition, large technology companies should not use blockchain technology.‘s final uptrend next year said to start.
Van Bourg supported his statement with the following statements:
After a very busy month, price movements are consolidating. Given the nature of krypton and the tectonic changes occurring underneath, we do not expect this trend to continue. As we look to 2023, the basis of the market recovery will be user adoption.
Expressing that another period of fluctuation may come, Bourg said, as a reason. FTX and Terra (LUNA) He cited the collapse of the city and the “depletion of oxygen” in credit markets.
After these collapses, we all saw that the plans of the companies in the sector were restricted or they became unable to do business. From this point of view, the future of the industry still looks more blurred.
According to Bourg and Cumberland analysts, the course of the market will be experienced in the coming period. depending on sales may change.