During the US session, Bitcoin price prediction is neutral as it's trading in a narrow range of $16,450 to $16,750. Lightspark's CEO and co-founder David Marcus disillusioned investors with his forecast for the industry in the next years. The damage done by "unscrupulous players" to Bitcoin and other cryptocurrencies, he said, would not be repaired until at least 2024.
On December 30th, he tweeted his thoughts to the world.
The fallout from the FTX catastrophe has continued to disturb mood and price performance nearly two months after the event. Marcus was of the opinion that they will continue to be a problem for the crypto business well after 2023. While he didn't specifically name FTX, he did say that "unscrupulous participants" will extend the market's underperformance into 2023.