Altcoin Sherpa
Altcoin Sherpa

@AltcoinSherpa

9 Tweets Jan 17, 2023
What are your predictions for #Crypto coins in December 2023?
Mine:
$BTC $35,000
$ETH $3200
$SOL $35
$BNB $400
$XRP $.60
$LINK $14
$MATIC $1.75
$AVAX $25
$DOGE $.10
$DOT $9
(I also stole this from my good friend @DaanCrypto , give him a follow). I like seeing these predictions; let's hope I can look this up later on and see how right or terribly wrong I was.
Logic:
I think that the overall macro environment will be a little better by the end of 2023. I also think that we have seen a lot of Q4 rallies in 2017, 2020, 2021 and altcoin rallies most Q4s in those years + 2018/2019. Alts have had rallies nearly every year in Q4.
$BTC: I think we will see a rally into Q1 and then more pain later. I think we likely see an overall range form between 15-30k for most of the year, w. deviations on both ends.
$ETH: I think outperforms btc overall and could potentially be that way going forward.
Coins most likely to go apeshit at least once in 2023: $XRP and $DOGE
Those 2 are highly unpredictable and I wouldn't be surprised to see those do a 2-3x run at least once in 2023.
$SOL: I think recovers but depends on the overall selling pressure from FTX/SBF.
$BNB Is still strong, I think that binance fud blows over and they still remain the #1 player in the crypto ecosystem.
$MATIC: I think has good chances in 2023, their BD and partnerships seem good.
$AVAX: Not so sure tbh. Could be a dead chain going forward, hard to say.
$DOT: I think is still mostly a dead chain , never captured much attention.
$LINK chart looks good and should still be a top oracle.
2023 is going to be an interesting year. I think the worst is behind us for the most part but I think there is 1 last capitulation waiting. I do think we'll have a lot of bear market rallies though and liquidity will be v. fragmented/hopping from sector to sector ala 2021.
Best is to just be patient and take the opportunities as they come and not be a degenerate/always in the market (this is me lol). There is a lot to be said about just waiting until market recovers first vs. trying to knife catch. Preserve capital and try to stay in the game.

Loading suggestions...