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Recently, Bitcoin has always been the center of global cryptocurrency discussions. Despite regulations and centralization calls, Bitcoin has established itself as a digital gold to invest in for long-term gains. It has also become a favorite asset to bank on in economic crises. In fact, many traders anticipated that Bitcoin would reach $100,000 during the last bullish run.
However, the 2022 crypto winter knocked Bitcoin from its high horse of $69,000 and settled at some $15,000 mark at the year's close. With 2023 in full swing, Bitcoin has started gaining bullish momentum in its price, causing crypto experts to believe it could reach $25,000 soon.
This article details Bitcoin's price prediction for 2023. Also, it provides other excellent cryptos, like Meta Masters Guild, Fight Out, C+Charge, and RobotEra, that will offer faster gains in 2023 as the market regains its bullish stance.
The road to recovery is not a simple walk in the park; Bitcoin will have to break through resistance levels before it can regain its All-Time High (ATH) of $69,000. However, let's take a look at Bitcoin's price prediction through its charts.
The weekly price action of BTC/USD shows a strong resistance (red box) in the $25,000 price range. Price tapped into the zone on Thursday, February 9, 2023, and reacted downwards. However, the coming weeks are significant. We can expect a push to the upside if Bitcoin tests the $21,000 support zone (green box) and pushes beyond the $25,000 (green arrow).
Suppose the support zone fails to hold. In that case, crypto traders can examine the $20,000 support zone (blue box) to trade, which could cause Bitcoin's price to go above $25,000. Whatever the outcome, Bitcoin is bullish for the year, and experts cannot wait to see the turn of events in the coming months.
Bitcoin continues to excel despite the never-ending bullish/bearish cycles. As such, crypto experts believe Bitcoin will dominate the market and provide more price pumps as it attempts to reach its previous ATH in months to come.
However, it is important to note that investing in bitcoin requires patience and a large amount of investment. As such, you can delight in the following new altcoins, poised to deliver faster gains in 2023.
Starting off the list is a new play and earn platform, Meta Masters Guild, ready to dominate the P2E space and provide quality and sustainable gaming experience for its users. Unlike conventional play-to-earn platforms, the MEMAG platform rewards its users for actively contributing to its featured games.
In the coming quarter, Meta Masters Guild will release several Play-and-earn games starting with Meta Karts, a PVP arcade game. Others set to release after include NFT raid and Meta…. You earn in GEMS, an in-game currency, which you can convert to MEMAG, the primary utility token.
You can utilize MEMAG to purchase and trade in-game assets from the market and other players on the MEMAG platform. You can now buy MEMAG as the crypto platform runs its presale event. Do not miss put out on this incredible investment opportunity.
>>>Buy MEMAG Now<<<
Fight Out is a web 3.0 Move-to-Earn platform ready to provide quality fitness programs to users who want to become physically fit and earn crypto. This fitness platform rewards you as you participate in workout sessions.
Fight Out rewards its members with REPS as they work out. Earning GEMS allows you to purchase apparel and equipment from the Fight Out store and access Fight Out's health bar and co-working space.
This fitness platform also features its metaverse. You can create a soulbound avatar that mirrors your fitness level and engages in battle to earn Fight Out's main utility, FGHT. You can use FGHT tokens to purchase more REPS.
Fight Out's presale event is waxing strong. It is imperative you join the investment train to buy FGHT at a low price before future market listings.
>>>Buy Fight Out Now<<<
C+Charge is a green platform ready to remedy a problem that plagues the Electric Vehicle industry: Expensive and unregulated EV charge prices. By providing a P2P payment solution, EV owners can seamlessly pay for their EV charging through CCHG, C+Charge utility token.
When users pay for EV charges using CCHG tokens, the platform rewards them with carbon credits for their eco-friendly initiatives. Then, these carbon credits are converted to valuable and rare Non-fungible Tokens (NFTs), which you can either hold or trade for cash.
Certainly, C+Charge will dominate the EV sector and the market with its impressive utility. So, to be a part of this global initiative, its presale event invites you to scoop some CCHG tokens cheaply before its full product launch.
>>>Buy C+Charge Now<<<
The next best metaverse crypto, RobotEra, is here, ready to offer you numerous earning opportunities as you participate in its virtual world. RobotEra invites you to join in rebuilding Planet Taro, gather its resources, develop continents, and earn crypto afterward.
You earn TARO, the platform's native token, as you engage in metaverse activities. You can trade your digital assets like Lands and robot companions in crypto and exchange them for cash. RobotEra is ready to become the next metaverse crypto, so participating in its presale event will do some good.
>>>Buy RobotEra Now<<<
Despite its slow yet steady recovery, Bitcoin is still a dominant asset in the crypto market. Getting to $25,000 could push the price to newer highs, giving crypto traders reasons to invest in this asset.
However, it is equally important to recognize that new altcoins, like Meta Masters Guild, Fight Out, C+Charge, and RobotEra, are on the horizon with their impeccable utilities ready to provide more price pumps to their investors' portfolios. Hence, it is vital to consider adding them to your portfolio and experience impressive gains alongside Bitcoin.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
