BTC Price Prediction- The bitcoin price prediction by coinpedia is $43,959.19. In contrast, the price of the star crypto could sink to a low of $23,218.00.
- However, a popular crypto analyst, Micheal van de Poppe, in his new video believes that the BTC prices still can reach $30,000 in the near future.
- The BTC price is expected to drop back to the $17,500 and $17,700 range after reaching the monthly highs at $18,000 for 2022 December.
Im surprised that some media outlet is still positive on Bitcoin price despite many controversy happening on crypto space and the looming recession. I believe those price predictions above 20K will only happened after the recession hits and not before so its useless to provide an optimistic prediction like this without taking consideration on whats coming to crypto.
Bitcoin price is already slide down below 17K below which totally erased those gains from relief last few days. The weekly candle will close again in red which means more red days to come on the following weeks.