Experienced crypto trader and analyst Tone Vays is predicting that Bitcoin (BTC) will hit a six-figure price in 2023.
In a Kitco News interview, the veteran crypto trader says that Bitcoin’s next halving cycle will trigger a bull run next year.
Vays says that he will be “surprised” if the flagship digital asset doesn’t reach six-figure prices in the coming months.
“I do expect us to have a nice bull market next year because of the halving that’s coming up…
The halving will probably be a little bit sooner, people always underestimate it. Probably closer to March or April of 2024. But the hype that the halving is coming will come a lot earlier.
So I am expecting us to have the full bull run which may even be complete before the halving because it could exhaust itself.
So I would be surprised if we’re not approaching that $100,000 sometime next year.”
According to Vays, there’s likely to be a reversal in the crypto market downtrend as the sentiment is currently lopsided.
“So many...
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