Closely Followed Trader Predicts Bitcoin Explosion to Over $70k Before 2023 Ends. But There’s a Catch

Renowned cryptocurrency expert and trader CredibleCrypto has made waves with a daring forecast for Bitcoin’s price performance by the end of 2023. With more than 343,000 followers on the so-called platform X (formerly Twitter), the analyst’s prognostication suggests the world’s biggest crypto by market cap will experience a three-digit surge and surge beyond the USD 70,000 mark. This would imply an eye-catching 135 percent raise from the currency’s current rate.

“It’s definitely happening – USD 70,000+ this year, in case I wasn’t crystal-clear before,” CredibleCrypto declared.

With that said, the prognosticator accompanied his statement with a twirl. He put emphasis on recent rate stability and stress the critical nature of the portfolio’s “green zone” around the USD 29,000 mark. Describing his POV in greater detail, CredibleCrypto asserted, once Bitcoin breaks its current record-zip of USD 69,000 set in November 2021, the predominant digital currency will resonate with an overwhelming price uptrend that’ll bring it up over USD 100,000. Entirely confident of his prognostication the analyst announced:

Thus, market participants cringe to observe the effect of CredibleCrypto’s assumption come to pass, especially with BTC value at USD 29,365 at the time this story was filed. Additionally, to CoinMarketCap the currency has raised a low value of 1 percent in the course of the previous 24 hours.

Robert Wilson author
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