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The crypto industry saw 2022 as the start of a new crypto winter. Companies collapsed, and prices fell dramatically.
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Top crypto experts predicted where Bitcoin would go next.
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Tim Draper, a billionaire, predicted that Bitcoin would reach $250,000 by 2022.
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He recently told CNBC that his prediction has been extended by six months and that $250k is still his number.
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Guido Buehler, the former CEO of the regulated Swiss bank Seba, said that Bitcoin would reach between $50,000 and $75,000 in 2022, according to his internal valuation model.
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Nikolaos Panigirtzoglou, a JPMorgan analyst, and his team predicted that the BTC price would plummet to $13,000 within the next few weeks.
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Mark Mobius, the founder of Mobius Capital Partners LLP, told FT that the Bitcoin price would fall to $20,000, bounce, and then drop to $10,000.
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Mark Mobius was correct in his prediction. BTC fell below $20,000 in June.
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He also predicted that Bitcoin would reach $10,000 by 2023.