Bitcoin (BTC) has a chance to end 2023 at $35,000 despite heading lower in between, veteran analyst Filbfilb believes.

In his latest interview with Cointelegraph, the co-founder of trading suite Decentrader reveals some BTC price targets that should resonate with the long-term holder base.

Bitcoin faces multiple obstacles to its current uptrend, and the current cycle offers various key differences to those that came before it. It is not just the Bitcoin spot price exchange-traded fund (ETF) debacle; the entire macroeconomic environment looks markedly different to just a few years ago.

Filbfilb predicts that the April 2024 block subsidy halving will nonetheless have a cathartic effect on BTC price performance. BTC/USD could even trade as high as $46,000 by that time, but losses are “likely” to come next.

Filbfilb eyes "likely" BTC price dip to low $20,000 range

Cointelegraph (CT): On short timeframes, you recently predicted another BTC price dip to “crush the remaining hopium.” Where do you see the long-term floor?