BTC is expected to recover from recent losses, according to experts.
Bitcoin (BTC-USD) is on traders’ thoughts today, as fresh celebrity news raises interest in Bitcoin price forecasts.
Jay-Z and Jack Dorsey have teamed together to provide free Bitcoin education sessions, which has placed BTC in the limelight today. Residents of the Marcy Houses public housing complex in Brooklyn, New York, may enroll in these seminars. Jay-Z grew up in this neighborhood.
In a tweet regarding the project, Twitter (NYSE:TWTR) founder and Bitcoin enthusiast Jack Dorsey said:
It’s not just about bitcoin here…
It all comes down to long-term planning, local economies, and self-assurance. All Marcy residents, including children, are welcome to attend the classes. And, to make things even simpler, we’ll provide devices and data plans to everybody who needs them.
Let’s take a look at the newest price projections for Bitcoin in light of today’s Bitcoin Academy announcement!
Bitcoin Price Forecasts
In 2023, CryptoNewZ predicted a token price of $70,000 per token.
The next company on our list is Gov Capital, which has a one-year estimate of $60,386.04248472 for BTC-USD.
Coinpedia concludes its Bitcoin price forecasts with a range of estimates ranging from $53,665.23 to $76,750.57.
Given that Bitcoin was trading at roughly $28,891.57 as of this writing, such price estimates present a favorable picture for the cryptocurrency’s future.
BTC-USD has dropped 5.2 percent in the last 24 hours. It has also dropped 21.1 percent in the past year.