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Bitcoin Could Reach $25,000 in March 2023, Predict Analysts

Image Source: Momentum studio / Shutterstock

In the recent episode of Market Talks, Cointelegraph hosts Adrian Zduńczyk, also known as CryptoBirb on Twitter. He is the founder and CEO of The Birb Nest, a trading community platform, and a well-known figure in the crypto space with over 655,000 Twitter followers. Zduńczyk, a chartered market technician, chemical engineer, entrepreneur, mentor, and influencer, shared insights into his approach to market analysis and decision-making process when it comes to trading each day and assessing market trends, especially in altcoins.

The beginning of 2023 saw Bitcoin (BTC) breaking out of its period of low volatility and making a bullish move upwards. With Bitcoin currently trading around $23,000, Zduńczyk gives his perspective on the market sentiment and any standout coins in this period of consolidation.

Although the next Bitcoin halving is over a year away, discussions and strategies around it are gaining momentum. Zduńczyk provides his views on the potential trajectory of this market cycle.

As March progresses, Zduńczyk anticipates a challenging time for Bitcoin compared to the positive trends seen in February. With Bitcoin testing the $25,000 level before retracing to $23,000, the focus shifts to what it would take for Bitcoin to establish $25,000 as a support level and move beyond it.

For more insights and discussions, tune in to Market Talks live every Thursday at 12:00 pm ET (5:00 pm UTC). The show features interviews with key figures in the crypto and blockchain industry, including market analysis and viewer interactions. Check out Cointelegraph Markets & Research’s YouTube channel for upcoming content and updates.

Image Source: Momentum studio / Shutterstock

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