Connect with us
Apply Now


5 Bitcoin Forecasts to Pay Attention to in 2023

The Bitcoin community is currently divided over the future price of the popular digital token. While many BTC maximalists and other avid analysts are predicting a push to $60,000 and beyond, some technical indicators suggest that the token’s price could potentially drop to $16,000 in the coming months.

As we dive into the realm of predictions, it is important to recognize that they are fallible and subject to change. Additionally, predictions can be based on different timeframes, and there is no foolproof way to predict the future price of BTC with absolute certainty.

With that in mind, we’ve gathered insights from various industry experts – both optimistic and cautious perspectives. When reviewing these predictions, it is important to approach them with an open mind and stay abreast of the dynamic changes taking place in the crypto landscape.

Expansion of the Web3 Ecosystem

New opportunities for development emerge as society continues to change. Web3 platforms present one such chance, particularly those that prioritize social interactions. Web3 gaming and gambling could grow as a result of the development of GameFi technology and numerous initiatives to create a thriving Web3 ecosystem.

Particularly best online casino games have already reaped the rewards of this development by providing players with increased security and transparency as well as the opportunity to earn rewards while enjoying their favorite games.

Alex Zhang’s Expert Analysis

Alex Zhang, the de facto head of Friends with Benefits DAO, believes that the current macro downturn market conditions will push crypto projects towards more utility and away from speculation. This shift in focus towards utility will likely result in more meaningful Web3 social platforms and protocols.

Zhang predicts that growth in the Web3 space will be fueled by the development of interoperable identity, on-chain social graphs, and crypto-abstracted social experiences. These developments will enable users to create and engage in social experiences that are both fun and meaningful.

ReFi Is Going Mainstream

Regenerative finance, commonly known as ReFi, is a concept that utilizes cryptocurrency infrastructure to create sustainable and inclusive economic systems. Many experts believe that ReFi will gain more widespread attention and adoption, showcasing the tangible benefits of cryptocurrency and shifting the narrative away from the scams that plagued the industry in the last year.

Boyd Cohen’s Expert Analysis

In 2023, according to Boyd Cohen, CEO and co-founder of Iomob, ReFi is expected to take center stage, especially where crypto intersects with climate change.

Cohen highlights that there are numerous layer one and layer two blockchains that focus on promoting and supporting the low-carbon economy. They are even incentivizing ReFi projects to deploy on their blockchain by establishing ecosystem funding. Among these blockchains are:

  • Cosmos (ATOM)
  • Hedera (HBAR)
  • Topl (ARBIT)
  • Polygon (MATIC)
  • Celo (CELO)
  • Near (NEAR)
  • Algorand (ALGO)

With that being said, Boyd finds the most interesting developments in the ReFi space to be at the app layer, where projects are being deployed that have a more direct impact on industries, people, and the planet.

Post-FTX Market Down Movement

You gotta know the dangers of dropping cash on cryptocurrency investments. The FTX market dropped hard, so you gotta be careful and really think about how much risk you can handle. That market’s mad unpredictable and volatile.

Cas Piancey’s Expert Analysis

Cas Piancey, one of the peeps who hosts the “Crypto Critics’ Corner” podcast, says the FTX market wreck is just the beginning. Companies, banks, and funds are trying to forget about it, but problems with shady partners and not enough loot will still be around. The damage from this mess is hard to measure, and it’s likely some companies and funds will just up and vanish.

Global Bitcoin Adoption

Let’s stop hating on FTX and start thinking more positively, especially when it comes to bitcoin – that’s what Alex Gladstein thinks, anyway.

Alex Gladstein’s Expert Analysis

According to Alex Gladstein, who’s the boss of Human Rights Foundation, the big news next year is gonna be how much bitcoin gets used around the world. When he went to a bitcoin shin-dig in Ghana, he was blown away by all the different kinds of people there – from the sticks in Cameroon to war zones in Congo and Somalia – all of ’em doing business with bitcoin. Gladstein was totally stoked and thinks that the more people use bitcoin, the bigger deal it’s gonna be next year.

NFT Funding and Investments

Even though people have different opinions on it, big Web2 companies investing in NFTs and the ongoing interest in Web3 prove that companies will keep running towards NFTs.

Jamie Burke’s Expert Analysis

What Jamie Burke, the leader and creator of Outlier Ventures, thinks. Jamie Burke, the head honcho and founder of Outlier Ventures, believes that NFTs will be one of the first things to pick up pace in the coming year. Burke reckons that companies like Starbucks and Disney, who rule the roost in Web2, already shelled out big bucks on NFTs. He feels that other big brands will copy them come 2023. Burke’s bet implies that the future of NFTs is bright.


Continue Reading

Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.

Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.