The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

While Litecoin, 
coin, Dogecoin and other top tokens have jumped to new weekly highs, Bitcoin remains calm as prices continue to flatline. The continued decline in its dominance has transitionally enhanced the volatility flowing into altcoins. This week, Bitcoin quickly rebounded from a low of $15,476 after a 7% price cut. As the price continues to consolidate on the 4-hour chart, it has shown signs of weakness, and the volatile price action indicates a lack of interest in the market. Bitcoin's volatility is currently extremely low. The question that investors are more concerned about now is whether Bitcoin will fall further? Let the editor of the currency circle predict the price of Bitcoin in 2023 for everyone.

 Will Bitcoin Fall Again?

According to the predictions of some banks, there is a possibility that Bitcoin will plummet to $5,000 next year. Since the beginning of this year, Bitcoin has fallen nearly 70% and is now at $17,073. If the market is really as Standard Chartered Bank says, it means that the cryptocurrency will fall another 70% from its current level.

Although the pace of Bitcoin selling has slowed down at present, it has already caused damage to the crypto market. More and more cryptocurrency companies and exchanges are beginning to find themselves short of liquidity, leading to further bankruptcies and a collapse in investor confidence in digital assets.

While the situations described in the report seem a bit extreme, they are "not zero probability of happening in the next year, and the probability is far beyond market expectations." Since the beginning of the year, a series of projects and companies in the cryptocurrency circle have collapsed, and the crisis of the top exchange FTX is also dragging down the entire cryptocurrency circle. Last week, Mark Mobius, the "Godfather of Emerging Markets", said that some companies providing cryptocurrency deposit services recently declared bankruptcy, partly due to FTX.

 Bitcoin Price Prediction in 2023

Bitcoin prices may fall to $5,000 in 2023. As Bitcoin (BTC) prices gain momentum to return to the $17,000 range, the crypto market is still far from recovering due to the spread of FTX. Due to the uncertainty surrounding the FTX liquidity crisis, the top cryptocurrency plummeted to a yearly low of $15,700 in November 2022. As the end of 2022 approaches, analysts are predicting how the entire cryptocurrency market and Bitcoin (BTC) will perform in 2023. BTC started the calendar year in the $50,000 range and has been following a steadily declining curve since then.

This year has been a disaster for new entrants to the crypto ecosystem, who saw BTC hit an all-time high of $68,000 in 2021. Several failures of crypto projects and the ensuing negative macroeconomic factors have led to a difficult period for the market throughout 2022. Meanwhile, analysts at Standard Chartered Bank believe that the price of Bitcoin (BTC) could fall further to the $5,000 level in 2023. Eric
Robertsen, global head of research at the bank, said that in unexpected circumstances, the top cryptocurrency could plummet further by around 70%.

The above content is the answer to the question of whether Bitcoin will fall again by the editor of the currency circle, as well as the prediction of Bitcoin's price in 2023. The failure of the FTX centralized exchange will bring the dust of mismanagement, which has caused consternation among cryptocurrency newcomers in the coming months. Long-term investors and enthusiasts who have experienced more complicated times have been less affected and seem to be absorbing the recent decline with more balance. In fact, Bitcoin saw its highest trading volume at various stages of the day on Wednesday, November 30, with the price reaching $17,100 for the first time since November 11, the day FTX bankruptcy proceedings (Chapter 11) were initiated.