2023-06-28 11:00:23
Apart from understanding how Bitcoin works, it is necessary to know if it pays off in the current scenario.
Discover now the Fixed Income that is yielding 18% per year.
The low volatility of Bitcoin prices demonstrates that the asset may not conquer new prices, and the tendency is for it to remain at this pace until 2023. But not that this is discouraging, it could be an investment opportunity given the low level that the cryptocurrency is being negotiated.
It’s a chance to think about exposing yourself to risk, but it needs caution and care. The year ahead could be very positive for this asset class. Due to this argument that it is ‘undervalued’, evidence of how this drop has more to do with external factors than internal ones.
As every investment has its downside, there is a chance that Bitcoin will continue to fall. For 2023, the Federal Reserve is expected to continue raising interest rates and this makes the risky asset less attractive. A forecast from the Business 2 Community platform believes that the digital currency will rise again in the coming years:
End 2023 BTC Prediction: $23,000 End 2024 BTC Price: $37,600 End 2025 BTC Prediction: $59,800 End 2030 BTC Prediction: $90,000
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