Experts have been forecasting a better future for Bitcoin for a while now. This is the case with Tone Vays, who predicts that by the end of 2023, BTC will have a six-digit value. If the sentiment surrounding the cryptocurrency is still negative, the trend starts to change and people’s perspectives diverge. Bitcoin isn’t as contentious now as it once was. Its latest decline below $20,000 raises the possibility that this bear market has reached its bottom.
But it’s still challenging to anticipate with any degree of accuracy how investors will act in the coming year. Particularly given that the tendency favors ecological cryptos. Another fierce rival to Bitcoin, which stands out for its hard fork EIP-1559 and merger The Merge, is Ethereum. However, let’s focus on what Tone Vays has to say.
A seasoned crypto researcher, Tone Vays, compliments BTC.
Tone Vays is a well-known and respected consultant and crypto specialist. He has a background in finance and is quite active on social media. His Twitter account has more than 280,000 followers, while his YouTube channel has 123,000 subscribers. Additionally, Tone Vays assists bitcoin groups in their endeavors. In other words, his word has some weight, thus it’s not insignificant to hear him claim that Bitcoin may reach $100,000 within a year! He says in an interview with Kitco News:
I’ll be surprised if we don’t get close to $100,000 next year… I think there’s going to be a lot of speculative currency pouring into the crypto market.
Watch the tweet below, which will direct you to Tone Vays’ interview on the Kitco News Youtube channel, to see his intervention in its entirety. English is used in the video!
Numerous factors will lead to the impending Bitcoin X4
Tone Vays expanded the explanations for why Bitcoin may reach such a high value to back up his claims:
The researcher stated that money moving from Europe to the United States might very probably cause Bitcoin to increase.
At the same time, he believes that investors may be drawn to Bitcoin by FOMO, or the fear of missing out.
Tone Vays also made notice of this widespread yearning to return to the heyday of Bitcoin, when the price was close to $10,000. Bitcoin may burst once more if it is observed to be dangerously near to its previous prices.
Investors may be compelled to purchase so-called “safe haven” assets, including Bitcoin, as a result of a probable real estate downturn.