Cryptocurrency investment company Matrixport, led by Jihan Wu, made accurate predictions for Bitcoin for 2023. The company predicts that the value of Bitcoin will increase significantly by 2024. The company’s predictions for 2024 are as follows:
Cryptocurrency investment company Matrixport stands out with its accurate predictions about Bitcoin in 2023. The company published a report summarizing its year-end forecasts.
Jihan Wu’s company, Matrixport, predicts that the value of Bitcoin will increase significantly in 2024. According to the report, it will reach $50,000 in January 2024, $63,160 in May 2024, and $125,000 by the end of the year.
According to Lookonchain’s post, the company made six predictions in total, and two of them have already come true.
When we look at past reports, we see that most of the predictions for 2023 have come true. For example, the price of Bitcoin was around $17,000 at the end of 2022, and the company estimated that its value would be $29,000 in 2023. This prediction was confirmed when Bitcoin rose above $29,000 in April 2023.
The price of Bitcoin in November 2023 was around $37,000, but Matrixport’s prediction that the price would rise above $40,000 came true in early December. Towards the end of the year, Bitcoin approached $45,000, in line with the company’s predictions.
