Cryptocurrency Scam “The broader macro backdrop for risky assets is also gradually improving as the FOMC nears the end of its tightening cycle. While BTC can trade well when risky assets suffer, correlations to the Nasdaq suggest that it should trade better if risky assets improve broadly.” Bitcoin’s price outlook Standard Chartered isn’t the only one predicting a strong rally of bitcoin’s price. Last month, at a blockchain conference in Paris, multiple crypto industry insiders forecast bitcoin hitting a new all-time high in 2023 — with an executive at U.S.-headquartered cryptocurrency exchange Gemini telling CNBC $100,000 could be a possibility. Last year, CNBC quizzed multiple venture capitalists, investors and analysts on how they think the digital currency will perform in 2023. On the bullish end of the spectrum, Draper Associates founder and noted bitcoin bull Tim Draper said he thought the cryptocurrency could reach.

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