Machine learning algorithm, Price Prediction, made year-end and 2023 predictions for Bitcoin, Ethereum and ADA price. With only a few days left to leave 2022, which is a very difficult year for the crypto money industry, we all wish 2023 to bring good days. So, will good days come for the crypto money market?
bitcoin
Bitcoin may increase its price towards the end of this year, according to machine learning-based algorithms from PricePredictions, which include indicators such as moving average (MA), relative strength index (RSI), moving average convergence divergence (MACD), Bollinger Bands (BB) and others. According to the prediction of the artificial intelligence application, Bitcoin will be traded around $ 18,769 on December 31, 2022 on the one-month chart. As of now, BTC, which is priced at $ 16,700 on CoinMarketCap, has grown by 4.7 percent in the last 7 days. According to the predictions made by the artificial intelligence application, Bitcoin, which is above the level of 30 thousand dollars in 2023, will provide a steady rise until 2030 by 2025 and will exceed the 150 thousand dollars band in 2030.
Ethereum
According to PricePrediction, Ethereum, which has lost 3.21% in the last 7 days, is showing bearish signs. However, a slight recovery is expected in the Ethereum price this week, given that investors are considering this decline and buying.
Ethereum, which is currently at $ 1,200, is struggling to gain momentum with the 3.21% decline it has experienced in the last 7 days. This downtrend means Ethereum is currently bottoming out, suggesting it could be a good time to buy ETH.
According to PricePredictions charts, the first days of 2023 are not looking very bright for Ethereum. The year-end forecast for Ethereum, which is expected to fall slowly but steadily from its current level, is $1,110. In the first days of 2023, the leading altcoin is expected to decline to the level of $ 1,050. In the forecasts for the next year, the Ethereum price will see the maximum level of $ 3,444. Ethereum, which is expected to be priced above $ 5 thousand in 2025, is expected to be above $ 12 thousand in 2030.
ISLAND
Let’s come to ADA, another crypto asset. ADA, the native crypto asset of the Cardano network, which continues to develop day by day, continues to show signs of decline after the 1.81% drop in the last 7 days. As a result of the investors considering it as a buying opportunity, recovery in the ADA price may be seen in the coming days. According to the prediction of artificial intelligence, the 30-day chart has a bearish view in the ADA price. It is estimated that ADA, which is expected to be priced below the $0.28 level on the last day of the year, will reach the maximum level of 0.86 dollars in 2023. The average price that ADA is expected to see in 2023 is at the level of $ 0.77. According to PricePredictions, ADA, which is finally above $1 in 2025, will be priced at a maximum of $1.48. The popular asset is expected to average around $2.94 in 2030.
The effects of the crises, bankruptcies and wars we experienced throughout this year were quite intense on the markets. We hope that in 2023, a crypto money market that is not shaken by external factors will welcome us. According to the predictions made by the artificial intelligence program, bright days appear for Bitcoin in the coming period. Let’s see if these predictions really hold up.
