British bank Standard Chartered (SC) predicted that the price of Bitcoin could go down to $ 5,000 per coin next year.



According to CNBC broadcasting on the 5th (local time), SC predicted this through a report titled 'Surprising Things in the Financial Market in 2023' on this day.



Given that the current Bitcoin price is around $17,000, it is a warning that an additional 70% drop could occur.



Eric Robertson, director of global research at SC, said in the report, “(Bitcoin) returns will plummet along with technology stocks.” will collapse,” he said.



The odds of this rather extreme scenario happening next year are "non-zero," Robertson said.