Bitcoin News on March 22. Forecast for 2023

So far, the price of Bitcoin is showing growth and has managed to gain more than 35%, Glassnode analysts reported. As the analysts point out, Bitcoin's blockchain transaction volume has grown to 309,500 units. This is the largest since April 2021. This may indicate that the price of Bitcoin is preparing for a new rally.

3 predictions for Bitcoin in 2023

After a tumultuous 2022 in which bitcoin finished with a negative 63% gain, there are differing opinions on how BTC will behave in 2023.
2022 was the third year in BTC's 14-year history when it posted a loss. Bitcoin started 2022 at $46,197 after a historic peak on Nov. 9, 2021. Thus, it is 31% below its November peak of $67,549.
The fall in bitcoin's price in 2022 and the bankruptcy of cryptocurrency companies has led analysts to make different predictions for 2023. Among those who see no future for bitcoin is Robert Schiller, winner of the 2013 Nobel Prize in Economics. According to Schiller, the market-leading cryptocurrency will disappear because it is a fad. Moreover, another Nobel laureate, Paul Krugman, argues that the bitcoin (BTC) ecosystem is close to extinction.
Contrary to conventional financial views, some bitcoin analysts predict a bullish cycle for the cryptocurrency in 2023. For example, trader BigCheds notes that bitcoin will close at $50,000 in 2023.
In contrast, analyst Michael van de Poppe believes BTC will be at $50,000 by mid-2023. Meanwhile, renowned capitalist Tim Draper, who previously predicted bitcoin would reach $250,000 by early 2023, now believes it will reach that goal by the middle of that year.