IncomeSharks Predicts Bitcoin Price Will Not Surpass $40K in 2023

• IncomeSharks says the Bitcoin target in 2023 is between $30K and $40K.
• The predictor expects Bitcoin to simply reverse the Luna and FTX losses of 2022.
• After reaching this target, Bitcoin could enter a sideways range until the 2024 halving event.

IncomeSharks, a platform known for crypto education, market analysis, and predictions, has tweeted that the highest price Bitcoin could reach in 2023 would be between $30,000 and $40,000. The platform expects the Bitcoin price to reverse the losses incurred due to the obstructive events of 2022, such as the Luna crash and the failure of the FTX exchange.

For the record I still think $30k to $40k is the highest we see #Bitcoin in 2023. I'm just looking for price to reverse a lot of the negative events that have happened in 2022 (Luna, FTX, etc). pic.twitter.com/gNGfG8akrC

— IncomeSharks (@IncomeSharks) March 17, 2023

Most of the respondents under the tweet by IncomeSharks seem to agree with the projection, with one asking what could happen to altcoins when BTC slows down. To that question, IncomeSharks replied that altcoins would pick up pace as soon as the BTC surge relaxes.

Another follower who agrees with th…

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