Bitcoin as it is affected by various factors such as market demand, adoption, and regulations. And some analysts and experts believe that the price of Bitcoin may continue to rise in the long term due to its limited supply and increasing mainstream acceptance.
Even though the crypto market was exposed a few days ago to the Silicon Valey Bank problem which resulted in a hard blow to the USDC Stable coin price, in the end the market was able to breathe again where prices started to go positive a few hours ago.
It's difficult to predict the future of Bitcoin with certainty, but some experts believe that it could reach a value of $100,000 or more by 2023. However, for this March Bitcoin CS is likely to increase to $ 30,000 in the middle of the month, until the middle of next April.
But the most important to keep in mind that the cryptocurrency market is highly volatile and subject to change.
