Heena Kousar
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Bitcoin (BTC) Price Prediction for the year 2022, 2023, 2024, 2025! What would be the price of BTC in Q4?.
According to Coinpedia, the market leader Bitcoin has had a tough sail since the start of 2022. The cryptocurrency after brushing its several years lows, is at the moment building momentum at levels around $22K. Consequently, occurrences such as FED's interest rate hikes, Russian Invasion, Europe's vote on PoW chains. With the latest spike in liquidation, coming in lights of longs and the equity market's turmoils. Investors and traders are holding doubt around the short-term prospect of Bitcoins. Are you among the ones who are speculating on Bitcoin's Price Prediction? Buckle Up!, as this article uncovers the possible BTC Price Prediction for 2022 and beyond.
Price Prediction of Bitcoin for Q4:
Coinpedia, in its price prediction article, provided a detailed prediction of BTC for Q4, with the start of the final leg of the year, Bitcoin has a few news in its favour. The MVRV (Market Value by Realised Value) ratio has been hovering below 1 for quite a long period of time, indicating a suitable time for a long position. Hence, Coipedia believes that if the long position exceeds in the upcoming days, then a notable upswing may be expected in the coming days that may help the price to remain above the crucial resistance at $22,800.
Price Prediction of Bitcoin for 2023:
As mentioned in Coinpedia, the total supply held by BTC holders has reached a new ATH of 13.62 million BTC. A rapid increase in volumes could push the price to $44,276.40. On the other hand, the price of the star crypto could sink to the lows of $22,507.64. Consequently, a balance in trade activities could lock the price at $33,470.02.
According to Coinpedia, the market leader Bitcoin has had a tough sail since the start of 2022. The cryptocurrency after brushing its several years lows, is at the moment building momentum at levels around $22K. Consequently, occurrences such as FED's interest rate hikes, Russian Invasion, Europe's vote on PoW chains. With the latest spike in liquidation, coming in lights of longs and the equity market's turmoils. Investors and traders are holding doubt around the short-term prospect of Bitcoins. Are you among the ones who are speculating on Bitcoin's Price Prediction? Buckle Up!, as this article uncovers the possible BTC Price Prediction for 2022 and beyond.
Price Prediction of Bitcoin for Q4:
Coinpedia, in its price prediction article, provided a detailed prediction of BTC for Q4, with the start of the final leg of the year, Bitcoin has a few news in its favour. The MVRV (Market Value by Realised Value) ratio has been hovering below 1 for quite a long period of time, indicating a suitable time for a long position. Hence, Coipedia believes that if the long position exceeds in the upcoming days, then a notable upswing may be expected in the coming days that may help the price to remain above the crucial resistance at $22,800.
Price Prediction of Bitcoin for 2023:
As mentioned in Coinpedia, the total supply held by BTC holders has reached a new ATH of 13.62 million BTC. A rapid increase in volumes could push the price to $44,276.40. On the other hand, the price of the star crypto could sink to the lows of $22,507.64. Consequently, a balance in trade activities could lock the price at $33,470.02.
