“We are at the start of a new bullish wave!”: insights from Mila (ChangeHero)Hi, Heroes! It's Mila, Head of PR at ChangeHero. Check my story here.
I want to share some thoughts on why crypto gonna notch up new heights this year!
Why do I believe crypto will go up this year?The crypto market is a relatively young industry, however, its development occurs in a similar way as traditional markets like stocks. The bearish 2022 year was overshadowed by not only the fall of Bitcoin but the collapse of Terra, FTX and etc. Despite this, every market follows a certain cycle and the decline is always followed by long growth. The beginning of 2023 has already marked a slow but steady growth of Bitcoin and other assets. It means, that we are at the start of a new bullish wave!
What global trends will stimulate crypto growth in 2023? Global instability and inflation: Uncertainty in traditional financial markets or events such as inflation or political instability could drive investors towards cryptocurrencies.
Increased mainstream adoption: As more tech leaders corporates and individuals begin to adopt and use cryptocurrencies, demand for these digital assets could increase, leading to price appreciation.
New crypto projects with advanced technologies: The development of new blockchain-based technologies like Web3 and DeFi could drive demand for the underlying cryptocurrencies that power them.
Regulatory clarity: As governments provide more clarity and guidance around the use and regulation of cryptocurrencies, it could lead to increased adoption and confidence in the market.
The combination of these factors will contribute to the next bull run.
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April 18, 2023 | #CHExpert
