Fear remains in the crypto markets as Bitcoin enters the weekend with calm and minor price corrections. In a recent interview, Alex Mashinsky, co-founder, President and CEO of Celsius Network, announced a Bitcoin prediction and a record-breaking altcoin project. We have compiled the price predictions of Alex Mashinsky and analysts for Kriptokoin.com readers.
Bitcoin prediction of 100 thousand dollars from Alex Mashinsky
Speaking in an interview, Mashinsky was asked about the recent Bitcoin price crash that brought BTC to $33,000, roughly half of the last ATH level in November 2021. It is seen that the leading crypto has gained upward momentum from the range of $ 29 to $ 33 thousand. Mashinsky says there is a good chance for BTC to continue retesting its support before making another move. He made the following statements in the interview:
The question is, we might need to retest. So pretty good chance. The market usually likes to test support and we should see this increase from now on.
Mashinsky predicts that Bitcoin will rise “at least 300%” from its current price point, pushing BTC above $100,000. He said his estimate of Bitcoin’s year-end price is between $140,000 and $160,000, and hasn’t changed drastically from what he had predicted a year ago.
Ethereum price prediction
Mashinsky is also optimistic about the outlook for Ethereum, giving the leader a view that the altcoin will break the previous ATH price before the end of 2022 or early 2023. He added that he expects the price to rise to $6,000 – $7,000 with strong use cases, number of applications and increasing adoption of Ethereum.
Bitcoin and Ethereum price predictions by analysts
In the predictions of Twitter analysts, which we quoted as Kriptokoin.com, Blockware analyst Will Clemente stated that the Bitcoin price was watching $ 47 thousand and shared that his personal short-term forecast was $ 58 thousand.
Popular Twitter analyst Justin Bennett predicts that if Bitcoin manages to rise above the $42 thousand resistance level, it can rise by 40%.
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