I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?
Highest it may go is 50k I think, I am not saying it will reach 50k, maybe it won't or I am not even saying that I am right and it could never go above 50k neither. This is a prediction and my prediction is that after reaching as low as 16k levels, doing a 3x on a low year could be the best thing there could be after 2022 bear run.
We shouldn't expect it to recover within span of a single year, we had a horrible year and it should take multiple years to recover, so 2023 would be start of our recovery and it should do well, don't know how high it could go but should do well but not too much, then in 2024 it will continue to go up and break ATH price with that momentum.