Michaël van de Poppe, a crypto analyst, predicts that Bitcoin (BTC) will experience a significant price increase of approximately 60% in the upcoming year, potentially reaching a value of $150,000. Van de Poppe believes that macroeconomic factors will play a more substantial role in determining Bitcoin's price trajectory compared to the halving cycle. He anticipates a weakening US labor market in 2023, raising the likelihood of a recession. This scenario could prompt government intervention through liquidity injections into the markets, providing a tailwind for Bitcoin's price performance. However, Van de Poppe also cautions that a potential 30% correction may occur toward the end of Q1 2023, analogous to the market behavior witnessed in Q1 of this year.

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