The famous analyst expressed his views on the path that the crypto money industry will draw in 2023.
The analyst, who is the host of the popular YouTube channel Coin Bureau, pointed to the month of July.
Famous Analyst Makes Date for Potential Rise
In an interview with Benjamin Cowen, Coin Bureau’s Guy Turner pointed to the period July-September and October-December for the crypto industry’s earliest recovery time.
“Hopefully we start to see green shoots and signs of recovery towards the end of the year. It could be the third quarter or the beginning of the fourth quarter.”
The analyst believes that crypto assets will likely fall further before the market recovery.
“We will likely see new lows in the first quarter of the year. This will probably be my best guess.
I think we should look forward to it in terms of price action. I’m really imagining a decent amount of sideways trading for the rest of the year.”
According to the analyst, 2023 will see slow increases and it is unlikely to be an interesting year.
“In terms of price action, I don’t think we’re going to see an extraordinarily interesting year in such terms.”