As we are entering the second quarter of 2023, Bitcoin remains to be a widely-discussed topic. As a potential solution against inflation, BTC captures the attention and engagement of both investors and financial experts.
BItcoin is currently priced at around $28,000. But can it go higher in the near future?
It is worth looking at some of the factors which are influencing Bitcoin’s price and delving into some of the predictions for 2023.
However, even though Bitcoin still remains as the number one and the biggest coin in the crypto world, it doesn’t necessarily mean that there are no alternative cryptos with huge potential to rise as BTC used to when it hit its ATH.
We will also look at Ecoterra, Recycle-to-Earn and green crypto, see what it brings to the investors and how you can profit from it.
Bitcoin Price Prediction 2023-2030
Robert Kiyosaki, has made a prediction that Bitcoin’s price will reach $100,000 in the future. Recently, Kiyosaki tweeted claiming Bitcoin’s independence from government and financial institutions to be one of the main reasons for his bullish outlook.
According to him, Bitcoin’s decentralized nature and the fact that it does not rely on government intervention is the reason why it is a much safer investment than traditional assets.
He also encourages people to look at BTC as a good investment, while emphasizing its potential for high ROI and its independence from financial institutions.
|
Year |
Price |
|
2023 |
$45,280 |
| 2024 |
$34,600 |
|
2025 |
$45,600 |
| 2026 |
$60,090 |
|
2027 |
$79,190 |
| 2028 |
$104,360 |
|
2029 |
$137,530 |
| 2030 |
$181,240 |
Predictions vary. From one analyst to the other, predictions can be vastly different from each other.
One can see that most people’s predictions for Bitcoin’s price in the long-term are on the bullish side. Even though there’s a valid reason behind such optimism, these projections don’t apply for variables like black swan events.
What drives these projections? For starters, many are optimistic about the value of the crypto’s scarcity that is coming into play. Ultimately, with Bitcoin adoption increasing by 113% annually, many speculate that the same will also happen to the BTC’s price.
Ecoterra – The Best Alternative to Bitcoin
Bitcoin has traditionally been the go-to cryptocurrency for most investors. However, there are now many other tokens that are starting to get significant traction.
Among such tokens, we can highly recommend Ecoterra, first Recycle-to-Earn ecosystem, which has been claimed by experts as a potentially better investment option than Bitcoin in 2023.
Regardless of where you may live, Ecoterra is available as long as the country uses Reverse Vending Machines.
Additionally, there will be a map of all RVMs, making it easier for the users to find and recycle the items they want. The app will allow users to take photos of their receipts, and their activity will be recorded rewarding the user.
Ecottera is still in the early stages, and you can still grab it at a lower price. Compared to BTC, Ecoterra is a highly less volatile token and much safer investment, especially a good pick for starters.
Recycle-to-Earn is one powerful concept that can work towards reducing the impact that pollution has on our planet, and the best thing is that anyone can join it.
Should you consider buying BTC in 2023?
Bitcoin, the largest crypto by market cap, is a highly risky investment with high volatility. In fact, it should only be considered if you have a high risk tolerance, or you are in a strong financial position and can easily afford to lose any money you invest in it.
Also, Bitcoin’s growth and its ability to remain the most valuable cryptocurrency nullifies the fact that its ascent phase has not been linear.
Anyone who is eager to invest in Bitcoin hopes for the best, but one should be prepared for big downturns, too. While Bitcoin has recovered many times so far, there’s also a possibility that it could go to zero, if several crypto platforms fail and there’s a massive sell-off.
The main reason a traditional investor may want to invest in Bitcoin is to fight against inflation and potentially the collapse of the fiat-based economy.
Why should you invest in Ecoterra?
As world businesses race to join this climate change mission and aim to offset their emissions, Ecoterra is emerging as one of the best cryptos to buy right now.
The request for carbon credits is presently worth over $2 billion, and is anticipated to have a huge impact on Ecoterra’s token price, as businesses buy credits to balance out their emissions during decarbonization.
Ecoterra will immensely benefit from this trend, making its token a favorable investment option for those looking out for the best crypto to buy.
Ecoterra’s use of NFTs to represent ecology actions such as tree planting or plastic removal adds another layer of appeal for investors. Therefore, by adopting NFT technology, ecological actions become tradable, providing further incentives.
Analysts claim that the success of Ecottera’s presale indicates that the value of its tokens will explode once the presale is over, which makes investing in the early stages more important if you look to get the most out of your investment.
Ecoterra is currently priced at $0.00625, but soon the price will increase to $0.007. So, better hurry up and grab the tokens at a significantly lower price.
This eco-crypto project has a massive potential of offering 300% gains for investors in 2023.
Conclusion
According to the recent analytics and market oscillations, Bitcoin has shown some indications of its recovery. The price of BTC has been slightly going up and it was enough for people to start discussing whether it’s an indicator that Bitcoin will surely hit some crazy numbers soon.
However, knowing that BTC is a highly volatile crypto, nobody can claim such a thing, yet. Some analysts gave themselves a right to speculate that the price of BTC will reach over $40,000 by the end of 2023, but as we said there’s no guarantee.
On the contrary, if you prefer a less volatile and safer crypto zone, you may steer your investments towards fresh crypto projects which are still in early stage but have real utility and high potential.
We have tackled Ecoterra, as such crypto, and gave you some notes on why it’s the best alternative to Bitcoin and the best crypto to buy now.
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