Experts Announced Bitcoin and Crypto Money Market Predictions for 2023!

Cryptocurrency 2022 did not go well for the market. bitcoin The price failed to return to these levels after breaking the $69,000 level in November last year.

So what can be said for the year 2023? Experts expressed their opinions.

What Are the Experts’ Opinions for 2023 Cryptocurrency?

Jamie Burke, CEO and founder of Outlier Ventures, had this to say about the new year:

“What happens with crypto funding in Q1 as we head into 2023 will be critical to whether we remain in a sustained bear market.”

Burke states that “the strength of the venture market remains, billions of funds are still flowing into the sector, and high levels of capital are expected to be tapped” and that “they have seen a record number of applications for the latest joint ventures for 2022.”

Laura Shin, host of the “Unchained” podcast, explains her thoughts as follows:

“Hard crypto regulation will be proposed and a major battle will be waged by the community to combat the parts of it that threaten decentralization.”

Cas Piancey, host of the “Crypto Critics’ Corner” podcast, painted a more pessimistic picture:

“The crisis is nowhere near over. Companies, banks and funds are desperately hoping the market will either outgrow the FTX and Alameda crash or simply focus on their bad practices. We’re going to see funds shut down and companies we didn’t expect falter, mostly because the crisis is so big and so hard to measure.”

Haseeb Qureshi, managing partner of Dragonfly Capital, said in his statement:

“The stock market system is diverging, just like in traditional finance, we see that custody, brokerage and stock market/pricing transactions are divided into different companies. This makes it impossible for another FTX to happen. Coinbase, Binance, Uniswap will likely gain market share overall because people are less likely to trust smaller and weaker companies.”

*Not investment advice.