Bitcoin Price Targets for 2023 Are in—and They Are Grim. Brace for a 50% Fall. | Barron’s
How low will
go? After an abysmal year, analysts are making their best guesses for where the largest cryptocurrency is headed in 2023—and the price targets are mostly grim.
Digital assets have had a historically bad 2022, with the market capitalization of crypto tumbling below $800 billion from nearly $3 trillion in November 2021. Bitcoin has fallen by more than 75% over the same period.