Gemini Chief Strategy Officer Marshall Bird believes that BTC price could exceed $100,000 in 2023

The cryptocurrency market remains bullish on bitcoin. This is evidenced by the results of a new CNBC poll of influential figures in the digital asset industry.

BTC reached its ATH at the end of 2021, near the $69,000 level. Since that time, the price of the crypto coin has decreased by about 60%.

Marshall Bird, Chief Strategy Officer of Gemini, believes that in 2023, the value of bitcoin could overcome the $100,000 mark. According to him, if the main cryptocurrency manages to overcome the previous maximum, it “would not take much time to rise even higher.”

Tether CTO Paolo Ardoino is confident that BTC could “retest” the $69,000 level. And Bittrex Global CEO Oliver Lynch links the recent rise in the asset’s price to the US banking crisis.

The experts also recalled the dispute between the former CTO of Coinbase Balaji Srinivasan and the former top manager of Goldman Sachs Raul Pal, which concerned the forecast of BTC growth to $1 million. If this does not happen by June 17, then Pal will receive $1 million and return his pledge to 1 bitcoin .

“In order for bitcoin to reach a million in 90 days, some crazy things have to happen in the world that we don’t want,” said Marshal Beard.

According to him, the digital coin may need 10 years to approach this level. Ardoino is also skeptical of such a forecast. If bitcoin is worth $1 million, it could mean “the collapse of the entire economy,” he said.

In turn, the well-known economist Seyfedin Ammous said that he does not believe in the growth of bitcoin to $1 million in the coming months. The expert noted that he feels “disgustingly bearish” regarding BTC, but does not believe in such a major breakthrough under the current conditions.