BTC Below $16,880 Support; Will It Follow a Positive Traction? By CoinEdition
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© Reuters. BTC Below $16,880 Support; Will It Follow a Positive Traction?- is far away from its $21,000 price in November 2022.
- Currently, BTC hovers at $16,715.
- VC Tim Draper predicts that BTC would reach $250K in 2023, which is impossible according to analysts.
Although Bitcoin (BTC) and other major coins nosedived due to the FTX collapse in November, some price predictions hold the optimism that BTC will reach $250,000 in 2023.
In a CNBC program, Tim Draper, founder of Draper Venture Network, recently forecasted that BTC will reach $250K in the next year, despite FTX’s collapse. However, this prediction is impossible in the eyes of other analysts, as BTC is not even above $60,000.
The post BTC Below $16,880 Support; Will It Follow a Positive Traction? appeared first on Coin Edition.
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© Reuters. BTC Below $16,880 Support; Will It Follow a Positive Traction?- is far away from its $21,000 price in November 2022.
- Currently, BTC hovers at $16,715.
- VC Tim Draper predicts that BTC would reach $250K in 2023, which is impossible according to analysts.
Although Bitcoin (BTC) and other major coins nosedived due to the FTX collapse in November, some price predictions hold the optimism that BTC will reach $250,000 in 2023.
In a CNBC program, Tim Draper, founder of Draper Venture Network, recently forecasted that BTC will reach $250K in the next year, despite FTX’s collapse. However, this prediction is impossible in the eyes of other analysts, as BTC is not even above $60,000.
The post BTC Below $16,880 Support; Will It Follow a Positive Traction? appeared first on Coin Edition.
See original on CoinEdition
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