Standard Chartered: Bitcoin daalt naar $5k in 2023
- Analisten van Standard Chartered voorspellen donkere tijden voor de crypto-industrie in 2023 en een grotere daling voor Bitcoin.
- Crypto-enthousiastelingen hebben echter andere voorspellingen, waarbij sommigen verwachten dat BTC de grens van $100k zal halen.
Ondanks dat het een van de slechtste runs in meer dan tien jaar heeft gehad, geloven analisten van Standard Chartered dat Bitcoin in 2023 lager zou kunnen inzakken. De bankgroep schetste een beeld waarbij de oudste cryptocurrency daalde tot $5000.
Als eerste gemeld by Bloomberg, Standard Chartered’s Chief Strategist Eric Robertsen, in a note to investors, highlighted the possibility that a decline in Bitcoin’s value might be associated with a rise in the price of actual gold. Robertson presented potential scenarios for 2023 that might result in interest rate reductions, more crypto business bankruptcies, and unfavourable market sentiment.
The prediction was included in Standard Chartered’s yearly list of potential shocks that analysts think the market may be ignoring or undervaluing. Other shockers on the list include a decline in oil prices, Joe Biden’s impeachment as president of the United States, and a plunge in food costs. Standard Chartered also highlighted the potential for a severe decline in IT stocks, which it expects to be worse than the hammering many tech companies have already experienced this year.
De notering, die momenteel aan zijn achtste editie is, is bedoeld om rekening te houden met omstandigheden waarvan de kans niet gelijk is aan nul, maar die momenteel geen deel uitmaken van de marktconsensus.
The overall cryptocurrency ecosystem has experienced instability in the final months of 2022. Amidst price slumps and bankruptcies, Sam Bankman-Fried’s FTX, one of the biggest exchanges at the time, collapsed, wiping out billions of dollars in user funds.
De onderpand effect from FTX’s bankruptcy proceedings has already been felt by cryptocurrency lender BlockFi. The platform recently filed for bankruptcy as a result of its substantial exposure to FTX and Alameda.
According to the analysis, investor confidence in crypto assets might crash if more crypto businesses and exchanges have cash flow problems, driving people back to the traditional safe haven of gold. In this case, gold’s value might increase by 30%. Although the price of the yellow metal has declined 20% from its March highs, it may still profit from negative sentiments in the crypto market.
However, crypto enthusiasts have offered conflicting predictions for the market in 2023. Tim Draper, a well-known venture capitalist and blockchain investor, predicted that Bitcoin will reach $250,000 next year, stressing his conviction that the FTX debacle would promote greater adoption for Bitcoin, user self-custody and decentralization.
Op het moment van schrijven, Bitcoin handelt op $16.984,70.