Will Bitcoin Die or Pump Up in 2023?
Bitcoin is already dead. There will be no pumps in 2023 unless you flip the price chart upside down.
The price will pump, but the same won't happen in the large scale. If the market is dead we could've never experienced the market movement to stay over $16k for a long. According to the experts prediction the price won't experience a massive downturn or upwards movement. It gradually moves within specific limits and starts upward movement when we get near to halving.
I doubt it. From the data studied, the price will likely continue down in 2023, dropping below $10k. As the halving approaches, there will be a pump and dump that might go as high as $15k in the run-up to the halving. After the halving, the price will continue down as it'll be painfully evident just how dead this experiment is. By the end of the decade, the price will be below $1,000.