The Henbbo Ventures platform (reviewed here) decided to provide investors with some thoughts on the future price of bitcoin and predictions on this subject from Tim Draper, one of the popular people in the cryptosphere.

Click the Link to watch the video.

Before moving on to the article, I would like to remind you all that there are dozens of different opinions about the prices of BTC and altcoins in the near future, including very optimistic and super pessimistic ones based on uncertainty around the world at the moment.

So you always need to think twice and make a wise decision in any case related to any investment or trading. 😉

📌BITCOIN PRICE TO REACH $250,000 IN 2023

〽️In his opinion, the main reason of FTX collapse is its dependence on one center and risky business practices. Similar conclusions are made now by most other experts who analyze the current crisis.

💎Elon Musk, for his part, believes that the collapse of FTX does not mean that cryptocurrencies based on blockchain technology have failed. He explained this in detail at a recent Twitter Spaces event with an audience of about 1 million people. What’s more, from his perspective, the FTX fiasco was actually even beneficial.

💰Henbbo Foundation’s analysis also leads to similar conclusions. The future of cryptocurrencies and blockchain is primarily about decentralization and using the most efficient algorithms to support transactions. That’s why our fund has already planned an ambitious development program for 2023 worth more than $5.4 million.

Check other news for today and Please stand by..

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