Talk28 Jun 2023 12:05
According to Matrixport researcher Markus Thielen, 2023 is turning out exactly as they had envisioned it, and more Bitcoin gains are to come.
This sentiment is based on a series of predictions made by the research firm, which have proved accurate so far. In December 2022, Matrixport predicted that BTC could reach $29,000 by 2023, based on its inflation model.
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At the time, Bitcoin was trading at $16,200, indicating an 80% upside potential. By February 2023, Matrixport upgraded their price target and suggested that Bitcoin could rally towards $45,000 by year-end, with an 83% chance of success.