Bitcoin Price Prediction – Will BTC Recover Losses In 2023, Or Will Altcoins Pump Faster
When it comes to investing in the crypto market, Bitcoin is probably the first thing you think of. Basically, it’s what started the whole crypto market, and still, lots of people think they can get big returns. However, 2022 didn’t go well for the crypto market, and it impacted Bitcoin too.
In this article, we’re going to talk about Bitcoin price predictions and whether it can bounce back from recent losses. In addition, we’ll look at some of the hottest altcoins of 2022, like Dash 2 Trade , IMPT, RobotEra , and Calvaria , that really blew up in 2022 and are expected to keep going strong. So let’s begin.
Bitcoin Price Prediction
By looking at Bitcoin’s yearly price chart, we can see that it was trading at around $50,000 in December 2021. However, at the start of 2022, things are starting to fall apart. On January 10, 2022, Bitcoin’s value dropped to below $42,000, which is a decline of almost 16% in 10 days. The price of Bitcoin has fluctuated between $30,000 to $40,000 since then.
In May 2022, Bitcoin was trading for about $39,000, then suddenly plummeted to $29,000, a 25% drop in a few days, then fluctuated between $29,000 and $31,000. After just one month, bitcoin plunged to $19,000 in June 2022 and has been fluctuating between $19,000 and $20,000. As of November 2022, the price dropped to $15,000 and hasn’t gone over $20,000 since then.
Expert’s Opinion
Since the beginning of the year, Bitcoin has declined significantly. Let’s see what experts think about it in the future. All of these predictions, however, are algorithm-based, so there is a possibility that they could be inaccurate.
According to CryptoPredictions.com, bitcoin could close in 2022 at $17,431.30, then drop to $17,274.38 in 2023. It is expected that bitcoin could fall further to $16,317.28 in 2024, $13,701.86 in 2025, and then recover to just below $15,748.098 in December 2026 based on the current prediction.
According to PricePrediction, bitcoin’s pricing for 2030 is expected to reach $394,710.77, up from a conservative $18,029.65 in 2022, $27,235.14 in 2023, and $59,773.26 in 2025.
Wallet Investor predicted bitcoin prices would drop to $10,111.96 by 12 December 2023, which is pretty bearish.
Other Altcoins Pumping Faster
Bitcoin’s price has dropped almost 70% so far this year, and it won’t be getting much better soon. In the meantime, you can make nice gains investing in these altcoins since they’re pumping faster and will be worth a lot in 2023. So let’s check them out.
- Dash 2 Trade (D2T)
- IMPT
- RobotEra (TARO)
- Calvaria (RIA)
- Cosmos (ATOM)
1. Dash 2 Trade (D2T)
Dash 2 Trade is a revolutionary platform packed with tons of data-driven features that have raised millions since it started its presale. The project aims to provide traders with valuable insights and tools to improve their trading experience, regardless of what level they are at.
Dash 2 Trade offers a lot of unique features, including crypto trading signals, predictions, and social analytics. Furthermore, you can also use the strategy builder tool to see how easy it is to navigate markets as well as many other functions. All of these features will be available in an outstanding dashboard that will be available in beta next year.
Also announced on Wednesday, 7th December: Changelly Pro, a top cryptocurrency exchange, will list D2T tokens after the presale concludes. With BitMart and LBank also listing D2T, there will be a total of three exchanges listing the coin. It’s sure to boost D2T token prices in the next year.
2. IMPT
IMPT is another best-performing crypto that is set to explode by 2023. Just three months after launching its presale, IMPT raised a whopping $20 million, showing how large the eco-friendly market is likely to become in the future. Now IMPT is up for listing on top exchanges, including Uniswap, LBank, and Changelly Pro.
Basically, IMPT converts carbon credits into NFTs that can be traded on specialized markets or held as investments over time to help combat climate change. These IMPT tokens can be earned by shopping through affiliates and can then be converted to carbon credits.
Lots of big names are going to offer IMPT tokens, like Samsung, Microsoft, Amazon, and LEGO. As a shopper, these green stores give a greater portion of their profits to environmental causes.
3. RobotEra (TARO)
RobotEra is one of the most talked-about cryptos due to its massive demand, even though it is still in presale. It’s a sandbox-style metaverse you can rebuild planets in, and many NFT communities can access it.
RobotEra’s P2E gameplay model offers a lot of potential for profit, allowing you to acquire the platform’s utility token, TARO. Trading NFTs, staking tokens, attending events, managing their lands, and profiting from their market are all possible with RobotEra.
This RobotEra presale can’t be missed. There’s already a lot of interest from big investors, who are constantly looking for good crypto projects to work on, which means it will boom in 2023.
4. Calvaria (RIA)
The Calvaria trading card game puts you in the middle of a fantasy world where three factions are fighting for supremacy. Once you’ve joined a faction, you can make their deck. You can earn rewards by competing against other players.
The Calvaria native token, RIA, can be used to purchase these trading cards. Due to its ERC-20 status, it can be transferred between wallets that are compatible with the protocol. In addition, Calvaria’s autonomous organization allows you to stake these tokens for higher earnings.
Calvaria’s presale has been quite successful, and there’s a lot of demand right now. This NFT game isn’t to be missed. Get your RIA tokens now.
5. Cosmos (ATOM)
Cosmos is revolutionizing blockchain interoperability, bringing modern finance to the masses. By using it, developers can build highly-specialized blockchains that can be used in all kinds of new ways across multiple industries. The platform enables smooth cross-chain transactions without the involvement of third parties. With this network, people can access blockchain services from any location at any time.
The Cosmos blockchain will make blockchain technology more interconnected than ever before, which will ultimately lead to a revolution in the industry. Developers can build distributed applications with less effort thanks to this platform. Additionally, users will have more convenience interacting with decentralized apps due to the communication between networks.
Conclusion
Even though Bitcoin is the biggest crypto right now, its value is down a lot. Therefore, investing in other altcoin coins such as Dash 2 Trade,IMPT, RobotEra and Calvaria would be a wonderful choice for you since these cryptos are having great presales, and some are already confirmed to be listed on major exchanges.
