- Cryptocurrencies have made a huge comeback in 2023 during a broad market rally.
- Chartmaker Forrest Przybysz shared his 2023 price outlook for bitcoin and ether.
- Here are four altcoins that Przybysz is most optimistic about with bitcoin at risk of falling.
Bitcoin can continue its impressive rally, but will eventually retest its lows and could potentially lose half its value, according to a self-described cryptocurrency evangelist.
The price of the world’s biggest crypto has risen 48% year-to-date to an eight-month-high of $25,000 during a broader rebound for cryptos and other risk assets. Ether, the second-largest digital asset, has also roared back to life and is up 44% in 2023 to its highest level since mid-September.
But while both tokens appear to have upside ahead, ether currently looks like a better bet from a risk-reward standpoint, said Forrest Przybysz, the founder and CEO of crypto-focused firm Sistine Research, in a recent interview with…