<br><div> <p>How low will <span class="quote-pick" data-track-hover="QuotePeek" data-significance="PROMINENT" data-ticker="BTCUSD" data-charting-symbol="CRYPTOCURRENCY/US/COINDESK/BTCUSD"> <a target="_blank" href="https://www.barrons.com/market-data/cryptocurrencies/btcusd?iso=coindesk" rel="noopener"> Bitcoin </a> </span> go? After an abysmal yr, analysts are making their finest guesses for the place the most important cryptocurrency is headed in 2023—and the value targets are largely grim.</p> <p>Digital belongings <a target="_blank" href="https://www.barrons.com/articles/crypto-bitcoin-ether-thanksgiving-data-51669292935?mod=article_inline" class="icon none" rel="follow noopener">have had a historically bad 2022</a>, with the market capitalization of crypto tumbling under $800 billion from practically $3 trillion in November 2021. Bitcoin has fallen by greater than 75% over the identical interval. </p> </div>
Bitcoin Price Targets for 2023 Are in—and They Are Grim. Brace for a 50% Fall.
How low will Bitcoin go? After an abysmal yr, analysts are making their finest guesses for the place the most important cryptocurrency is headed in 2023—and the value targets are largely grim. Digital belongings have had a historically bad 2022, with the market capitalization of crypto tumbling under $800 billion from practically $3 trillion in November 2021. Bitcoin has fallen by greater than 75% over the identical interval.
