Bitcoin’s Next Bull Run Will Start in 2023 According to Bitwise CEO

Hunter Horsley – CEO of the technology solutions provider Bitwise – believes bear markets are a great period when investors could increase their exposure to bitcoin. He estimated that the next bull run will begin next year, outlining that his firm’s clients have already increased their interest in the asset.

Investing during a time of crisis is a strategy that numerous financial experts have adopted. The narrative comes from the fact that prices crash prompted by panic in the space but when the situation calms down they surpass previous valuations. For example, when the COVID-19 pandemic was at its peak, bitcoin tumbled below $5,000. However, it recovered its losses a year later, skyrocketing to an all-time high of nearly $70K. On another note, he advised the residents of economically distressed countries.

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