Bitcoin Price Prediction - What's the Outlook for BTC in the 2023?
During the US session, Bitcoin bounced off the $16,750 support level, keeping Bitcoin price prediction bullish. If the candles close below $16,930, BTC may experience a bullish trend, and a bullish breakout of the $16,950 level may expose BTC to further highs.
Binance Coin (BNB) is about to collapse, according to a prominent crypto analyst who correctly forecast the Bitcoin (BTC) meltdown in May 2022. Crypto trader and Twitter pseudonym Capo warn his 697,100 followers that the native token BNB of the massive crypto exchange is expected to drop by more than 80%.
Recent research by CoinKickoff shows how many other cryptocurrency initiatives have failed over the years, yet bitcoin has prevailed. Their research shows that 91% of coins existing during the bitcoin market meltdown of 2014 have been completely abandoned.
Seven hundred and four coins that are now extinct entered circulation in 2017. With 751 coins disappearing altogether in 2018, 2018 is the deadliest year in the history of cryptocurrencies. CoinKickoff has built a visualization showing how many of these projects have come and gone, along with their individual failure reasons.
Being a scam or having similar problems, being a joke or serving no useful purpose, being an initial coin offering or another temporary scheme, or just running out of volume are all possible explanations.
According to data released on Thursday by payroll company ADP, the year 2022 ended on a strong note for the labor market, with businesses adding more jobs than had been anticipated in December.
Private sector employment increased by 235,000 in November, exceeding both the Dow Jones prediction of 153,000 and the preliminary estimate of 127,000. While the manufacturing sector grew by a modest
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