Bitcoin’s Expectation of the Bull Run next time will begin in 2023, As predicted by Bitwise’s CEO.

Table of contents:

• ·        Hunter Horsley who is CEO of technology solution provider Bitwise- is predicate a bitcoin situation will start next year in 2023.
• ·        Many investors are also interested in the industry of cryptocurrency as he expected.

In Hunter Horsley’s interview with Bloomberg, he concluded the guide of Bitcoin in the past was that the token asset price will start to restore in 2023.

Credit picture by cryptoniteventures.com 

“So in 2014, the market was down almost 60%. 2018 – market down north of 70%. And this year, obviously, 2022, the market is down around 60%. The expectation, if the market continues its historical trend, would be that we begin a new cycle next year.”

Nevertheless, the market at this time collapsed but the CEO said the number of Bitwise’s customers is interesting to the crypto industry again. So, in his opinion share that those who plan to enter this market (When the price is lower than last year so much) will have a new opportunity better as a huge building profit in the future.

“So the story of this year is definitely a bear market. Nevertheless, we’ve seen increased interest from our client base. And I think the backdrop for many crypto investors is that there have historically been four-year cycles, and while there are opportunities to make money in many crypto market moments, bear markets are the moments when fortunes can be made.”

ref. cryptopotato.com