Bitcoin Forum

Hi folks and friends,

This is a quick question... do you think the bitocoin price will continue falling during the 2023, or we are actually seeing the bottom price? can you see bitcoin at $5,000 during 2023? $10,000 perhaps?

Thank you a lot, trying to make the right desitions...

Kind regards;
Chris

If you buy bitcoin now, you do not make the wrong decision, you are making the right decision if you want your money to increase in value and that is just it. In investment, it is called unrealized loss if you are losing little amount and never sell, buying at low price is what investors would think about, so that when the price increase, it would be a profit for them. 2023 is going to be a good year for bitcoin with bull and bear market while the real bull run will start in 2024. I expect bitcoin to first get about $30000 or $40000 in 2023 though which would be followed by another bear market. All-time-high in 2024 is highly likely if I should not use certain that fit more for the possibility.

First, no one has the crystal ball to see the future so we don't know what will happen in 2023.

Second, what do you mean you are trying to make the right decision? are you waiting for the price to fall on that level before you buy? Just remember that we are in a bear market so the price is going to be at a discount no matter how you look at it. You can either buy today and hold and then buy more when the price plummet to $10k in the future. At least instead of waiting for something that we don't know will happen (hitting $10k), at least you can start your accumulation phase right now.

I think Bitcoin will continue to be in a bear market in the year 2023.  If we look at the prior four-year cycle of Bitcoin, the Bitcoin market is always in a bear market a year before it halving event.  So basically, the halving is in 2024, and 2023 will be in the bear market so we probably can see bitcoin price hovering around $17k-$22k and will start to break out at the end of the year of 2023 transitioning to bullish sentiment then eventually to a bullish market a few months before the halving event.

Looking at the internet, there is an interesting article I stumbled upon.  It is somehow a crazy prediction, an insane one where Billionaire venture capitalist and serial blockchain investor Tim Draper speculate that Bitcoin will reach $250k in the early months of next year[1].  I like the positivity of Tim Draper but I hate the fact that he is just uttering some insane speculation without any fundamental nor Technical analysis backing it.  Just being positive is good but saying insane unreasonable speculation will make us look the same as our prediction... being insane.  ;D

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[1] https://cointelegraph.com/news/tim-draper-still-positive-on-250k-bitcoin-price-prediction-in-2023

Bitcoin doesn't depend only on itself but also the situation around it.

If Bitcoin started falling by itself in 2021 and had to correct from the highs of 70k without any external shitstorm we'd go to 35k and continue to 100k but then while we were at 38k the scammer Do Kwon crashed the price by flooding exchanges with the bitcoins he was collecting by selling his worthless token.

It was a bigger crash than the one FTX caused, you can see how many people were liquidated by looking at the volume in May.

Nobody can predict if such event will happen again. Who knows how many similar scammers are there in the space. One thing is certain - we're flushing them out and if there are some left there's not many of them. Eventually they'll be gone and a new cycle will begin.

I think you should be like JJG and DCA.

Make a number one you can spend once a week.

Start this week and buy that number 55 times.

3 weeks in a row this year.
52 weeks in a row next year.

No decision needs to be made as to when to wait for a number.

Just buy every week for 55 weeks in a row.

I can't make any price predictions for bitcoin, that's not possible. In my opinion, 2023 is still a year of the crypto winter cycle and looking at the economic situation as well as the war between Russia and Ukraine is not over yet, I would not be optimistic about bitcoin, meaning my prediction is still a bearish year.

I can't predict, but I hope bitcoin falls more than the current price. I am not afraid of bitcoin falling further because this is an opportunity to own cheap bitcoin and I believe bitcoin will always recover when the bears disappear.

Unfortunately I'm not a reliable forecaster in this regard so I can't see for sure about the price of anything including Bitcoin in the next year. Because if you look at the current running price of around $17K in the market, I'm more sure the price will increase again next year rather than decrease.

Even though a decline is something that could happen in the next year, if the amount of Bitcoin demand volume can increase even more in the next year than supply at a lower price, maybe an increase in price will become a more dominant thing to happen to Bitcoin in the market in the coming year.

there are some fundementals outside of the market price

the most cheapest method to acquire bitcoin on the planet is the most efficient mining cost on the planet (lowest electric price, cheapest hardware/hash)
below that NO one on the planet can get coin for les so wont be selling for less
this causes a support/stop point where no one sells below.. creating a supported non-zero bottom

currently for a 2022 average its about $15k bottom so no surprice the speculative market above this is testing this bottom and not pushing through below it

same goes for the top. most expensive method to acquire bitcoin is the most inefficient mining (highest location on planet for electric)

in late 2021 it was $75k. which is why markets fixled out of demand at ~$70k range where majority of planet could mine for less so why need to buy at such a premium


if you can calculate the lowest mining based on low electric and hardware. you find amount X

if you can calculate the highest mining based on highest electric and hardware. you find amount Y

this X Y window. is where the market then wiggles in between

in short it was never suppose to go to $100k in 2021 and never suppose to go to $10k in 2022

when it comes to hashrate. efficient miners do not play to daily whims of hashrate. they have electric contracts of 6-24 months. so work out the average hashrate of 6-24 months and not a ''moving spot" of daily hashrate calculation

expensive hobby miners do switch of quickly so do those calculations on daily rate of hash

the hashrate of the "bottom" needs to fall alot and sustain the drop long term(6+months) to truly affect the "bottom" of the X Y window
because those efficient miners bought 6+months of electric so wil mine no matter what the price is over 6+months.

so it would take alot of hashrate drop and drag to drop the bottom X amount of support

enjoy

hint:
2022 electric crisis increase price not contracted in yet. use 2021 electric prices
2023 will have efficient electric contracts of 2022 prices

My 9000 IQ bitcoin price prediction: in 2023, bitcoin's price will be somewhere between $1000 and $100,000. You're welcome.

But just to guess, I think we're at least going to get a bull trap(probably a 2x?), then the dump continues for a while.

Honestly ask yourself this.

Besides miners… who is left to sell?

Those that bought at $60k most likely sold.
Those that bought at $20K before it broke 2017 ATH most likely sold at break even when $20K touched again
Celcius, FTX, etc don’t have any bitcoins left to sell

Don’t know if it’s the low but it’s pretty close. Don’t think we will see $10K.

Yes, I predict bitcoin prices will continue to fall in 2023 and maybe last till the end of the year. And my target for bitcoin will be around 10-12k, this will be the bottom of this bear season. But all are guesses or expectations and nothing is certain to happen so if you are looking to invest then buy now and use DCA. Don't wait you will regret it.

Since many people are expect global economy crisis will happen on the next year, there's a possibility Bitcoin would reach $10,000 or even $5,000 because global problem will have effect to everything even though with indirect effect. Economy crisis make poor or middle class people will draw their assets in order to survive, also it's not easy for them to get money during crisis. The worst is when they got fired and can't make money, so they will try to survive with their savings.

I don't really know next year it's not certain whether it will happen or not but from the many prediction sessions there are still many pros and cons of bitcoin prices going up or down, for me there's no need to stress thinking about this I think if someone is waiting for the price $5000 or $10000 just wait but smart people won't do that they must have a way to buy bitcoins regularly and that will definitely multiply bitcoins than speculation.

2023 has been widely rumored about the global recession but that's not certain it just wants to scare a lot of people while people will panic thinking about how to buy bitcoin down and keep asking about it while I only get from now rather than never.

No Bump, No Dump.

There are no indications of major changes in the price. I was expecting several decisions during the current month to determine the future direction of the market.


Bitcoin can pump if:

• The Russia-Ukraine war ended peacefully and the energy problem was resolved.
• The Fed started pumping liquidity into the market and declaring inflation control.
• US ETF announcement.

Bitcoin can dump if:

• Tight monetary policy continued.
• A world war or an insane increase in energy.

As per components of each cycle of bitcoin market, the 3rd year is usually known for sideways movements which means we are already at the times of bottom of current cycle of bitcoin markets hence you can expect prices to remain positive and sideways which may scale up to 75% of ATH. So, dreaming about anything below $16k may remain as a dream forever in my opinion.

I am one of the bitcoiner who believes into that fact 'history repeats itself'. It means bitcoin market may get affected by the current world economic situations of inflation, employment crisis and government regulations which may influence bitcoin markets to lead us to have some changes in usual bitcoin market scenarios.

The market situation depends on the hype of the news circulating. If there is positive news, the market situation will definitely change, and if the news is negative, the market situation will also change. However, if you look at the BTC price, of course the BTC price has fallen 75% from its highest price on November 10, 2021. I think we have reached the lowest point of decline and this is a pretty good entry point to make a purchase. I support what @filipma1957 said you can buy using the DCA strategy every week or every month. you should enter every round as this will make it more effective for you to find the lowest price on your purchase.

maybe I don't think we will see $5k or $10k price next year because big cycle of dips already happened in this year of course the expected opportunity is big spike in 2023.

Ask yourself if that will be possible? Because everyone is different in predicting next year's price will only be an endless speculator so I will conclude do not know I will not think about it except continue to collect bitcoin with the average dollar value provided.

To be honest I want the bearish to continue to be prolonged so that in my average dollar purchase it's enough to get bitcoin but I don't know a market plan but for sure I have a long term plan on bitcoin let it be $10,000 or lower than that I won't selling my bitcoin holdings and going ahead with buying with the DCA strategy, this is already a mature setup that I should stick with.

I don't think you will make the right decision if you just keep waiting without acting as soon as possible, it's better to think about planning now before 2023 as a new process.

You want to take risk and miss out the golden opportunity? I mean if you greed for more then definitely you will miss the best price to buy the Bitcoins. Bitcoins have shown us positive signs by crossing 17k usd during the start of this month. If it keep this pace and touches 20k usd till new year, then definitely we will see a great price jump in Bitcoins in 2023. So i am suggesting each and everyone to buy as many Bitcoins you can during this cheap price and enjoy profits later.

I agree with your opinion that should buy bitcoin from now on, buy as much as possible because the current price is too cheap, waiting will be a bad decision.

But I don't think like you, bitcoin could still reach $20k next year, but that does not mean that it is a sign of a bull market; bitcoin could still fall again. If calculated according to the winter cycle of the market lasting up to 4 years and 2023, we have only gone 2/3 of the bear season, so the possibility of a bull season is very difficult. Everything is subject to change, history may not repeat itself, but that is our prediction.

You probably won't see the price of Bitcoin again like the price at the level you mentioned, Bitcoin will be a rare digital currency in the future, the current price and 2023 I think the lowest Bitcoin price you can see, you are late for the price $5000-$10k, you should be able to see that when your account was created on this forum in 2017.

Predictions & speculations do not lead as you ask, I think the current price of Bitcoin is the best decision for you to make, if you want to trade or invest, but all the order and decision is in your hands, consider some of the experiences that have happened to Bitcoin from 2009 until now.

The market is now in a state of stability, which means that there will be no new financial flows during this year or the coming years, and the economic situation does not indicate more financial flows, which means that we will be in a price range of less than 30k and higher than 10kunless unique changes occur .

It will be impossible to determine the price, but basing your strategy on this plan will be fine.

Everything can happen so prepare yourself if one of what you say comes true. We can only predict where the bitcoin price will go without knowing what will happen to the bitcoin price. And if the bitcoin price is $5,000, what will you do?

Are you still not going to buy bitcoin even though the price has experienced such a deep decline? Or do you still want to wait for the price to drop even deeper than that? I'm telling you that if you do nothing and just wait, you won't know when to act and it will be too late to decide.

Yeah I don't really get those waiting to buy at 12? 13? 14k? It's not like they're buying an entire Bitcoin either. Save a few thousand dollars at the risk of missing out when Bitcoin does actually recover and not look back until the next cycle in a few years.

Not looking down on anyone but it was probably the same with me putting away $100 or so every now and then, and thinking I was smart to time, completely overlooking that at my small amount, the numbers really stop making logical sense in terms of time invested trying to time the market when you're DCA-ing long term.

This has been asked and cited a couple of times. Why do people avoid investing when the price is still low? 'coz Bitcoin's price increase is only expected but is not assured. The market price of cryptocurrencies are solely depending with the demand; the community is giving and creating towards this industry. And with that, many factors could occur or be present out of nowhere which might create hesitation to those who are in doubt whether to invest or not but we really cannot blame them. Our mantra is to invest only an amount you can afford losing so maybe, they just cannot afford it by that time because of circumstances and other reasons. Regrets would come, and that's just a phase of investment. So to those who can manage investing and waiting for a long period of time, engage if you must. And to those who are unsure, think of it as many time s as possible to prepare oneself from uncertainties.

What? Another economic crisis? But we are currently at it right? It would be crazy if people expect more about it. I think many of us are suffering right now. These people should only expect about the positive things but I am not like them. I know this crises will soon end and then that is the time we can see bitcoin rise.

There are no dumps for now and $15k should be the final dump for this quarter. People being fired with their jobs is expected because there are recessions and it's not wrong to use your savings for a while. This must be the purpose of it so that we can get something in case of emergency but we should also look for another job as soon as possible before our saving will run out.

No. The price of Bitcoin will indeed continue to drop at this time, only a small pump occurs every month. But it won't go under $10k in price. The lowest Bitcoin price is $ 10k and above, or between $ 10k to $ 15k in my estimation. If Bitcoin is at $5k, bearish or a dump after the 2021 bullrun means it is much worse than the dump after the 2018 bullrun.

Investors will keep Bitcoin price above $10k. The big whales are not going to make a bad mood on crypto, even though they are active in it for profit.

https://i.ibb.co/XF2Wv22/bitco.png

If we look at the chart in December, there have been two price changes. The chart looks so flat both before and after the pump occurs.
I remain optimistic about the 2023 crypto price. I will wait until next April. There will be seen determining whether bull or bear.

I think everyone wants for things to get better, but at the same time we cannot really discard the possibility that things could get even worse during the next year, after all the pandemic and the war at Ukraine came out of nowhere, so while unlikely if another black swan hit the world right now the economic crisis that we are facing is going to get many times worse, and if that were to happen we need to be ready for it and do what we can to prepare ourselves for this scenario.

Whenever I meet this type of speculation about bitcoin price especially the ones that are speculating that the Bitcoin price will go further below what we have now to ten dollars or five thousand dollars, I always say something, that bitcoin exact price at a particular time might not be known because it will be difficul, although it could be estimated by experts using past historical data and presents circumstances.
The only reason why one should ask if the Bitcoin price will fall further below what it is is to make right investment choices whether or not to wait further. But I will tell you that this is the best time to get into bitcoin even if the price is going downward further, you will not run into much losses before it will reverse to bull trend. We are at the bottom region, buy.

A few things to consider just to ensure you are not making wrong decisions.
Just look at Bitcoin's historical data and you will see Bitcoin has always comes back stronger every after a sharp correction coming from a bear market. Then, you should start calculating how much percentage you'd get when Bitcoin hits the most recent ATH again when you start buying today. Nevertheless, owning a Bitcoin was never a bad decision, you would only be in a bad decision when you sell it early due to FUD.
$10k is very possible in 2023, if Bitcoin continue to dip, but IMO that would be the bottom of it.

Feeling optimistic about Bitcoin will not be a problem for anyone, especially if the goal is for a long term investment. There will be price changes next year in Bitcoin, but to see a higher price in Bitcoin I feel that Bitcoin still needs more time with a larger number of buyers. Because that's what can make Bitcoin increase sharply in the near future, apart from the influence of news in the media that can make the hearts and desires of traders and investors move again to have more Bitcoin in the next year.

I have encountered so many times this kind of question until I realized that we should let it be what will happen, the future's not ours to see. (watch this (https://www.youtube.com/watch?v=y0ltYApM_tk))
We don't have a crystal ball to predict in the future but one thing that I can assure you, once we have a previous ATH it will for sure happen next in the future without any time frame.

If you invested today and keep watching the market, I may advise you to invest in a DCA way so that you will still have a chance to get a profit when there's a bull trend in the market.  If you believe in Bitcoin, you should have no doubt about it to keep investing and keep holding your portfolio.

Yes, bitcoin will continue to fall in 2023 and my target is also $10k for this bear season. We are only 1/3 of the way of crypto winter and we still have a long way to go. In addition, the world economic crisis has not shown any better signs, so bitcoin will continue to plunge and plunge further is inevitable.

It would be really sad if that happened to Bitcoin and I also don't know why you are saying that today. Because what I'm thinking about next year is an increase in price even though there is still a possibility for a bigger decline, but I just want to see a much bigger potential increase in Bitcoin than a decrease in the next year. Because now the increase in the price of Bitcoin has begun to be influenced by the confidence of investors to enter the market, as happened last year.

I am optimistic that in 2023 can be better than 2022, even many experts believe that in 2023 it will be like 2021 namely Rising, we really hope the market will recover or skyrocket again, I want to immediately sell Bitcoin if the price has passed $ 42k, because 6 months ago I bought when the price was more than $ 40K.

Possibilities are there mate because those economic problem added the issues from scam in crypto exchange ? surely the effect will take place in the coming months or at least the whole 2023 then before the bull comes in 2024 .

never expect many good things to come in 2023 , but look for the end because the following year will surely your destiny in investments .

This thread would have been better with a poll on the price.

I'll say what I think will happen. I don't rule out that for some reason we may test new lows in 2023, but not much more. Maybe 15 or 12,000, but the price is pretty cheap already, and most of the rubbish is gone, so we have stronger fundamentals to go up.

I don't think it's going to be a banner year either, as I heard some predictions of 250,000 USD. Not a chance. The normal scenario is that we go back to the 30-40,000 range, something like that, and we don't break new highs until after halving in 2024.

It's hard to predict what price Bitcoin will be in 2023. Judging by the ups and downs of the market chart, Bitcoin won't drop below $15K next year because $17K is a price of support which is still good this month.
Today December 12th or the second week, the Bitcoin price chart is down from the $17K support price and there is a possibility that it will go back up again from the current price.

It would be great if buying activity was carried out at this time rather than thinking about the opportunity for the price to fall.

Even I agree with, I cannot under estimate the powers of bitcoin market because we have entered the era of institutions and government adaption hence anything could be possible. I am just saying what would happen if some government decide to acquire 1 trillion dollar worth of bitcoin suddenly by declaring it as a legal tender. Yeah, I am someone who believes into 'expecting the unexpected'.

2023 might be a year of sideways hence it can be a good year compared a bearish year. Like you mentioned, all of our eyes on upcoming halving and its subsequent year. So, when more people eye on something, that would happen for sure.

Bitcoin certainly takes time to rise or recover again, if we look at the previous trend then it takes at least 2 years to be able to pass the previous ATH, during the time waiting then it is better to fill the wallet so that when the price skyrocketed we do not regret because it does not buy when the price is cheap like a current moment and today the price drop again.

You mean that weak hands has been eliminated in the market? yeah, when the price hits $15k last month, our new lowest lows, chances are, the last of the weak hands have sold already that's why we wanted get over and reach $17k.


The best thing is just to keep calm and be patience in 2023. Well $250,000 could be out in the next bull run, maybe we just put a conservative estimates at around $100k. At least we won't be disappointed if $250,000 is not going to be touch.

A drop in price is expected by those looking to invest in bitcoin long term, but does not mean they will stop buying when it is above $20K or more. The market will continue to move forward and down according to the situation, it is true and that is one of the facts about trading. Taking advantage of the opportunities that exist today is important, especially since prices are still very low compared to last year, and now is the time to invest while still maintaining your strategy.

About 2023 we never know, the price could go down or up but of course if you want to be a holder then you don't need to be swayed by small corrections along the way. $10K could happen, but considering you can do DCA-ing should be safe to buy bitcoin at this point.

If you want to take the right decision I recommend you read a lot more first. Since it's a bitcoin forum, most people will tell you that bitcoin price will rise sooner or later (I also believe so).
But you should not invest based on others' expectations and I tell you why:
If you invest and bitcoin price will still go (much lower) you may panic sell before the price would recover. That's bad, obviously.
Instead, if you read much more, you may understand why we believe that bitcoin is a good investment (for some money you afford to lose) and you may not panic whenever the price goes down.

Of course, I don't know how much time you have for the reading, since bitcoin price is sometimes very volatile.

Whatever you choose to do, good luck!

Missing a train is something that we often see, that's the meaning of why they expect a lower price because if we compare it with the highest price, BTC has experienced a fairly deep correction, which is around 75% of the decline that occurred this year. therefore I think those who do not have good principles will always miss the train when btc runs. I'm not too surprised if the btc surge will occur in Q1 2023 because indeed we have been down quite a bit by the bad news that has hit crypto this year.

I support your words where we have to do regular buying options every week to find a low price in our investment. btc rate rally will continue to occur this month either slowly or there will be surprises that occur. but I think the dream of some people who want to enter $10k, I think this year will really, really not happen.

The price is stable seemingly but with a descending 50 day average I think we have momentum that will clash with any current positive.  Battle must be done and demons vanquished before we can declare the battle is won :P
   Friday soon to be Saturday we have trended positively above the 12hr average and also regained the 2 day average, so this weekend I suppose could do well but wider context then that is needed to really be assured of any ongoing positivity so I think at least till next Weds I remain uncertain.  Sideways is just the calm before the storm, Im reluctant to call it stability exactly.

The rise will be inevitable in the long run as the supply of Bitcoin is slower than those who demand it every year. Experts expect a global recession in 2023 which means the entire market will come to a standstill. If i'm going to estimate the value i can't give an exact number but i think Bitcoin and the crypto market will maintain stabilization for 2023. Assuming that the other variables are constant. We are waiting for a year when people who harm crypto will be wiped out of the market. Hopefully by the end of 2023 the bulls will move.

exactly , the sentiment of the majority are eyeing on that , in which the recovery will happen in the halving year and that would bring complete increase to all our investment and even shitcoins or scam coins making its way to the top.
try not to believe in short term sentiment because most likely that is a failure.
I love expectation and risk this is why I am still supporting bitcoin even though I am a failure several times before.

We all know bitcoin has thrown away 75% of its value since the last ATH, but that's not the end of bitcoin. Many factors affect the market, inflation, recession, Luna, FTX and some other negative things make it impossible for the market to avoid its impact. Panic, loss of confidence and some other FUD made things worse, so I don't expect the market to recover any time soon. Q1 2023 I don't think there will be a big jump in price and I would be surprised if it does, but Q2 2023 can be expected to be good.

That's exactly what you can do, so if you're an investor or planning a long-term investment, then buying in stages while maintaining DCA makes a lot of sense. Do everything wisely even though you can diversify your assets in some of the other top altcoin. We can expect price increases along the way, but for something big it has to start with something big.

Yes and the supply will be half once we enter another halving, so it's on 2024.

Others might see this as a very long time, but we all know that when we have patience, nothing can stop us from waiting that long.

Stabilization might happen in 2024 as I was saying, catalyst and then the world economy is recovering, it could be this bull run might be one of the biggest run, maybe we can finally see $100k at a minimum next all time high.

If we look at price patterns that have happened before, then 2023 will start to get better than 2022, many predictions believe that 2023 could touch $50k, of course it's not a difficult thing as long as there are no disturbances like FTX at the end of last November.

My guess is that it will probably be at around 50k levels at the peak level during 2023. I know many people are either expecting it to be a lot higher than that, or they are expecting it to be not high at all, but I expect it to be just 50k. That way we would be probably reaching to a point where it would make sense to invest, but not going to be wealthy because of it neither.

We will probably have to wait until 2024 which would be another halving if I am not wrong, and maybe even 2025 to see a huge increase. That would actually make sense, that way we would see a good increase back to back, but not in 2023, that would be a good increase too but not a wealth maker just yet.

Hmm it actually depends since the price of BTC nowadays has been consistent on the $17,000 but we will never know! The fact that 2021 gave us the year where the price peaked at $60,000, it somehow implies that the price of BTC can skyrocket once again. Unsure of the scenario, the better move to do is to purchase BTC and HODL them for long-term.

In all honesty, I do recommend to HODL since the next BTC halving will happen in the year 2024. Expect that when that year comes, the price of BTC will skyrocket, thereby profiting within 1-2 years from now.

Bitcoin will not reach all-time high in 2023. We should keep our expectations to a certain limit as the year 2023 won't be a big market year. We may remain sideways and if there is much volatility, the bitcoin will remain mostly in a range between 20K to 30K. If we are able to close the year over 30K, i think it will be good for the crypto market (after the drama of FTX and the fud of USDT and binance too)

Me neither, I don't get the i dea of holding out for the price to reach that low, a low which
doesn't look like happening.

Just DCA and if miraculously the price does go that low, just buy more.


Ah I believe that in the 4th quarter of 2023 we will see a nice bit of action as we approach
the halving. The markets will be getting excited about the halving well before it actually
happens.

Over 6 months before the halving in 2020 Bitcoins price was higher ^{approx $10500}
than the day of the halving _{approx $8500}

This is the best time you can as well buy Bitcoin and keep for long term investment because since it has been experiencing bearish daily it's the best opportunity someone can ru investment towards cryptocurrency investment from my perspective. And I believe that Bitcoin have to do with falling and rising and people do not consider buying wheythe price fall to purchase Bitcoin.

Can't be sure about the price drop. It could go even down to it depending on the market situation. For now the market looks strong and we can expect something good out of it. Over the past few days the bitcoin market have been experiencing good sign of bullish move. This price is predicted to reach around $19.5k before the Xmas price dump.

We can't tell you what exactly the price next year and there's no specific time, days, or month we can tell what the price would be since no one can tell what the future holds. You could just simply learn how to read charts if you are eager to know what is happening in the market because only you can tell what you expect to happen.

I can't tell also if how long this bearish trend will stay in $17k since it could rise next year or drop but I think there might be a bull trap that's trying to remove those weak hands in the line. More fear are coming from the internet as the price keep dropping then I would expect it will go fall down even more.

Nothing new about seeing some dump and I also expect that to happen since there's no big news which can possibly move the market yet.

Also even if we are in last month of the year still we don't know what will came unto it since we are not sure about the future of bitcoin in terms of its trading price but lets hope for more betterment since we really go with huge dumps recently so hopefully recovery phase will happen to that year so that we can see good year for bitcoin and crypto on year 2023.

Yup. I mean, look at where we are right now. About to fight for 18k as the Fed decision approaches later. Just days ago we were below 17k. Even if that 14k was realised, it would have been a short window to get a 15% discount -- but if we do see 18k and then leg up to 2017 ATH where it becomes support, then those waiting would be facing a 15% premium on entry.

DCA would have evened out either scenario.

That's right, no firm statements should be made about bitcoin because anything is possible. Many investors don't want bitcoin to drop to $10k or lower, but many sharks want that to happen because they have a lot of money and are willing to buy more bitcoins at that price.

All movements of the market will depend on the world economic situation, yesterday, we received positive information when inflation in the US decreased, and that is a good signal for the market. If things continue to go well, we could have a better 2023 and vice versa.

Yeah, after the massive dump, we may get into sideways movement before having recovery phase. But, this sideways will definitely will have recovery also but only in split times. So, simply we can say 2023 may seem like a pleasant year compared to hard bearish trend of 2022. There cannot be any accurate prediction about what kind of bullish market we are going to have in 2023 hence we cannot say about the peak price of 2023 now itself.

In my opinion, for a deflated asset, world economy might be a less than 40% influencing factor. Bitcoin got its own community and economy hence regardless of how world would perform, we can expect bitcoin to be getting into a new ATH in 2025 which means 2023 will be the stepping stone toward that.

Not just the rise but the fall is also going to be inevitable. It happens for so many reasons and one of it is like you said because of the recession. There's also manipulations caused by whales. The BTC supply doesn't get slower as it goes but rather it gets smaller while the demand continues to rise.

This is one the reasons on why BTC value can increase. I think we are already suffering from recessions right now but if it continues till next year then what wasn't good. Cryptos values are still going to be the same or worse they may decline even more because people are going to sell some of their coins in order to survive the ongoing crisis.

Predicting Bitcoin price is endless. I mean, news about Bitcoin will continue to update depending on market conditions. We are almost into 2023, it's still not too late to collect Bitcoins cheaply. If you believe Bitcoin will break $5,000 or $10,000 during 2023, make advance plans for its arrival by holding it up to the point you want.
We cannot predict the price of Bitcoin in the future, based on past experience, after our Bear market there will be a Bull which will make some investors take what they have been waiting for during the Bear crash.

Bitcoin is difficult to predict and I often predict wrong, like at the end of 2021 when the price dropped from the ATH position of $69k I thought the price would rise again so I bought more at $58, unfortunately the price dropped and I was forced to sell when the price was around $49k, and soon we will enter 2023 and we only hope that the market can rise again.

I am also attached some points of bitcoin market catalysts.

*If fud like FTX and Luna Crashed would be happened in coming year 2023.
* Strong hands/bitcoin whales If the market sells all their bitcoins, the market will likely crash.
*If the Russian government were to launch their own currency against Bitcoin, the Bitcoin market could have some negative impact.
*Moreover, an important point is that it is difficult to say with 100% certainty that the war between Russia and Ukraine will be settled by 20230.  If the war is not completely resolved by 2023, then the Bitcoin market will not be bullish in 2023.

It's okay if you often predict bitcoin wrong because you are not alone, and it's normal if you experience it. That means you must learn to analyze more to improve the analysis and avoid the same mistakes.

In 2023, we still hope to see the bitcoin price increase again. And even though the price hasn't been able to return to the last ATH, we will see it in the future, and who knows, in 2023, we will see a change that occurs in bitcoin. And after 2023, the price will start to experience a reversal phase so that it can return to the last ATH and even get a new ATH again.

you better grab it now cause it's impossible to touch $10k let alone below, price below $20k or yesterday's low $15k is already the cheapest price, I don't think it will get any cheaper than that so don't miss the chance to grab it because at any time 4 year cycle there is only 1 year for the bearish market, namely this year and you may have seen many cases that have occurred and made the bitcoin price fall, it will not happen again in 2023, believe me  ;)

Bitcoin is so volatile that it is very easy to make mistakes, so do not be sad about it as this is something that happens to everyone, however I think this is a very good opportunity to buy bitcoin for a low price, as even if the price were to go down again I am sure we are close to the bottom, if it was not reached already, so with this in mind the risk we would be incurring right now is very low while the potential profits we can get are very high once the new bull market appears.

Predictions will not always be correct, even if you do an analysis but in the end you cannot determine how the market moves. The market becomes uncontrollable due to supply and demand, so of course price fluctuations cannot be avoided. But you can still minimize the risk of going wrong by simply buying every dip and doing DCA and holding your bitcoins long term instead of trading.

Trillions in Dollar index value today rising by near 1% which is a fairly massive move for just one day.   Apparently its a reaction to FED comments, more bearish tone and defined certainity on keeping rates higher.   Not a massive surprise but enough that markets pull back from fear of harder money policy, that brings BTC down more then 2% which is a fairly light reaction by crypto standards.   All par for the course I guess not a big deal imo and trims back recent positive price action for BTC.

They shouldn't panic if they see bitcoin prices continue to decline to the current price point, especially if they have experienced it before, because it is a test for bitcoin before it rises again. And the price increase later can be higher than the last ATH so they have to prepare themselves to have more bitcoins than before. Wise investors always know what to do in these conditions because they already have enough experience to anticipate the conditions that are happening. We can follow that wise investor by buying bitcoin while the price is still low.

It is highly recommended that everyone should know how to read the chart, even if it is not up to the level of being a professional at least one should be able to know the basis of charts and signals of candlesticks . If you're in the cryptocurrency industry and you are totally ignorant of the chart and also not updated about the fundamental you will not be able to make good speculation and all your success and failures in the industry will depend on what other people presents to the table which is a very difficult Life to Live. It does not take long to learn this from colleagues who has already known her or from YouTube videos that could at least be able to teach the bases on top which you can build as you  proceed. It will also validate the statement of doing your own research.

https://i.imgur.com/CxWaxGg.jpg

Ash WSB (https://twitter.com/Ashcryptoreal/status/1603464950785093633?t=thVy4AKESdbUGmStnLHnuw&s=19)

These experts made predictions when the price of Bitcoin was bullish but they also came true.  Because at that time the price of Bitcoin was estimated at 80K or 100K, but the price of Bitcoin was 69K.  However, they are also predicting that the price of Bitcoin will gradually fall to the lowest level.  Will your prediction be true because the current price of Bitcoin is standing at 16K.

The most important point to be able to get a big profit from Bitcoin is a long -term hold, if we are not proficient for daily trading then it is better to focus on long -term goals, many potentials and opportunities that make me believe that Bitcoin will skyrocket in the future, and for 2023 I think the price that can occur is around $ 50k or the beginning of recovery.

I don't know many people right now who buy bitcoin as a long-term investment. Even if the halving happens in two years, I still don't see bitcoin being of interest to big investors. There is a lot of uncertainty in the world, so it is hard to say what the price will be next year. Maybe it will be 4k, then buying now would not be smart. I would wait for a sideways price movement and then buy. Until the fall is over, it is dangerous to buy.

We will never know about it because they will invest quietly without telling anyone else. We buy bitcoins based on the results of the analysis that we do and not on what other people tell us, let alone we buy based on their analysis. We all have a plan for when to buy bitcoin and I'm sure you can buy bitcoin based on the plan or strategy you have prepared. If you're still waiting for the time to come, that's fine too and neither will people who want to buy bitcoins when the price drops below the current price.

In trading, it really takes skill to do this, it's not easy, even in a bearish market, we have to be good at analyzing where to trade the right coins, so all of that must be needed, including patterns that must be combined.
If you don't want to make it more complicated, then even with HODL even when buying low prices it's not quite easy because usually those who are not mentally strong when they see the market fall always panic and end up selling their bitcoins at a loss, this is what you have to pay attention to the mentality is ready in any condition.

I'm still almost in point with my Bitcoin predictions so nothing surprising for me yet as Bitcoin might head towards under 15k before end of January as there are no signs once again for any Bull run to begin out of nowhere. So yea...2023 might be a rough year for Bitcoin but I won't expect all the year to be in this circumstances but first 6months might see lower Bitcoin prices as once we drop under 15k , I'm afraid 13k might be very close after that.   ;).

In my estimation, the Bitcoin price will decrease in 2023, or early 2023. However, the price can stay above $10k. Investors will keep the Bitcoin price above $10k to start a new bull run. That $5k price is surprisingly low considering the previous year's bullrun was $68k. However, if the price is forced to drop, of course many small investors will leave the stock market, because they will suffer huge losses.

We can't really know what will happen in 2023 because in any case anything can happen.
We may have known at the end of last year that many people were speculating that a possible price of $100k could be reached in December but that hope was dashed when a number of things happened that made btc as bearish as it is now. and right now a retraction is still hard to do because the bearishness is still happening but that doesn't mean there will be a surprise with the bulls later which is what most people hope to be.
The most important thing is to be careful now not to get carried away with temporary increases and panic when the declines continue.

A price of 5k seems to be out of the question for me, that would mean a crash of 91% and this is simply too high, not only that the psychological support level at 10k should be incredibly strong so I doubt it will ever be broken again, with that being said I think that it is going to be a very difficult year for bitcoin and the market in general as we could see many other exchanges facing bankruptcy, new regulations and the economic crisis will most likely still continue, so there are not many reasons to be positive for the upcoming year.

What would be the reason why Price will rise in 2023 mate?because even those experts in crypto believes that there are more dumping coming next year as we are going closer to Halving?
it will be very thankful if you can elaborate and at least bring us Hints for that is coming next year.
x2 seems to be ODD when there are more economic problem to face next year.

It will continue to fall mate , Bitcoin mostly happens to drop value mostly before the season of halving , so when we are expecting at 2024-2025 then the year before that will probably come to slower , and with this I assume that from the bottom this year of 15k ? we will see even 10k and sadly maybe below that.
but with our continues support and adding in our folio it would make it strong and keep this value through out the year of 2023.

yeah ,and actually it wasn't really long from now the holding because there is a coming halving in 2to 3 years time so maybe that is enough for the waiting?

 and also if we will keep it for another 4 years (though that would be really a Long term) then doubling it would have big chances , but many of us now are bright than complete Holder , we mostly sell our coins when it grows a double and buy again when the value drops very cheap like now comparing to the Bull price last year.

Yes  that is the problem about people who wanted to spread FUD or tries to believe fud , imagine that thinking? bitcoin will fall down that bad? though it is not impossible to happen yet this is something that we must really not take into consideration if we will continue buying bitcoin if we have extra funds , and divert our shitcoin into this number one coin.
if we are truly for profit then we must keep holding while we are in this bear because sooner or later it will change to Bull .

Since we still have a long way to go before the next halving comes it would be very rare for bitcoin to not experiment another drop on its value, and this drop could cause a lot of people to panic during that time as they will begin to imagine all kind of scenarios in which bitcoin may never recover, and while this will be unfortunate for those people it can also be a great opportunity for those that have some savings, since that will be the perfect moment to buy some bitcoin.

2023 will look like 2022. There will be no significant price increase. Bitcoin will continue to rally within 15k to 30k and it will continue so till 2024 halving when we will likely see a new ATH. Anyone buying bitcoin should buy it for a long term purpose in order to profit from it.
Don't buy with the money you will be needing next week.

Price is just stalling and wavering at the moment, I dont see price action doing so much over holidays is many main market trading exchanges.  Of course BTC never stops trading no matter the day or hour but the volume does in effect vary and alter when the most significant prices are likely to be laid down.

maybe someone is happy that bitcoin will go down but maybe there are also those who hope that bitcoin will remain stable at the price it is today. if we want to hear from world economic analysts that in 2023 it is expected to enter a period of world economic crisis, then it is certain that bitcoin will also be affected.
if indeed the world economic crisis situation cannot be dampened and renewed then it is certain that people's purchasing power will drop drastically because everyone will spend the existing money on essential needs only.

but will bitcoin drop below $5K or will it only reach $10K? of course there are many variables that can be analyzed properly, but in my opinion, bitcoin will drop at $ 5K, of course this is very good where usually when it goes down there will be time to prepare for pumping to increase sharply.
obviously this is also an opportunity for those who really want to own bitcoin, there will be time to be able to buy at the lowest price.
It must also be remembered that 2024 is the halving period and there will always be an increase in that period.

Yeah, and when we thought that we have reach the bottom when we touch $17,500, a new set of negative news, like the FTX collapse push the price down to another lower low at $15k.

So we shouldn't be surprised at all, maybe in 2023, another event that will test the market to another lower lows? who knows.

$13k or even lower could be the bare minimum next year with no sign of relieved from the worsening market conditions.

A new negative event could always emerge which could force the weak hands to sell their coins, which in turn will make the price of bitcoin to go down once again.

However even if that were to happen I would consider it as an opportunity instead of something to be worried about, the bear market while intense cannot last forever, at some point a recovery is coming and we have a decent idea of when that could happen thanks to the cyclical nature of this market, in that case a new drop on the price is not a reason to worry but instead it should be considered as yet another opportunity to buy bitcoin at a good price.

Dropping to 5k ? what would be the reason for this fall? remember that even the pandemic did not hurt bitcoin that hard back in 2020, from ATH of 20k Bitcoin price only drops to 4k , so what more now that bitcoin had reached almost 70k? meaning bitcoin even with another pandemic will never fall that sharp.

FED can do this by more monetary tightening. They are doing this since 60k from last year.

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The moment the market started collapsing soon after pandemic got viral throughout the countries worldwide, FED started printing more to save the economy in 2020. Hence, the markets rebounded very smoothly despite the covid attack. But this time, FED is on a different mood, they dont care about the stocks for 2023 as JPoW indirectly said this in his previous speech. :(

If you're going to rely on halvings and theories that say Bitcoin cycles tend to repeat a similarity based on them, you might as well say that all the years of the previous cycles that were like 2023, i.e. the pre-halving year, had positive returns, namely 2019, 2017 and 2013.

The only way I see that there are no positive returns at the end of 2023 is a total break of pattern, so who knows what predictive models are established, because this cycle, while keeping a certain similarity with the previous ones, has already broken some schemes, such as the maximum that has only been 3.5x and the minimum, which is already months below the previous ATH.

The Fed is trying to contain inflation, and they are slowly reaching their goal, they are not targeting bitcoin, bitcoin is not worth their attention yet, what bitcoin is experiencing this year is the impact bitcoin has to face. Because it is part of the world economy.

The crisis, and inflation this year are mainly caused by the pandemic, meaning the government prints money during the pandemic to save the economy, and 2022 is the year we have to pay the price for that money printing. The Fed is still the same, they are not in a different mood, they cannot continue to pump money, but instead, they need to withdraw what has been pumped out, only then can the economy stabilize.

I also read some news that analyzed the price of Bitcoin based on the previous bullrun chart and compared it to the 2021 bullrun. So the chart comparison still has the possibility that the Bitcoin price will drop. But my guess is Bitcoin price will never go below $10k. If Bitcoin goes below $10k, of course the dump this time is much higher compared to 2018 after the bull market.

Nothing can be said about the position of the market in 2023. We have stayed in 2023.And how did you get the correct information here. Are you sure in 2023 bitcoin will fall between 5000 and 10000 dollars.So how can you tell that I am right how can you tell that I am right decision.We are currently in a bear market. Bitcoin is down 62%. That would be what we would consider the current low for Bitcoin.So if you wait to invest, you would be foolish to wait to invest.You can invest by investing in this instant market. Later, if the market is dumping, you can also invest from here.

I don't think it will be that low ($5k), even though in 2023 there will be a price drop again I'm sure the bitcoin price won't be far from the current price (it won't touch $10k). I believe 2024 will be the year of the next phase of the bull market, in other words in 2023 the price will gradually recover as many investors start buying crypto in preparation for the 2024 bull market.

I'm still looking forward to seeing a push lower in the price of Bitcoin towards $10k in Q1 of 2023, which likely may bring us to the market bottom, because I don't really think that the pain is done yet in the market looking at macro economic factors and the Fed. Maybe a bit consolidation phase once again in Q2 in the zone, then  in Q3 a relief rally that will pull us out of the zone,  and finally in Q4 we might get a slight pull back from whatever price rally might have in Q3 before 2024 halving year.

This is just my opinion but Bitcoin does whatever thing it wants to do at any given time.

Well I can see the bitcoin price continuing to fall but not to so low like $5,000 or 10k in 2023. I would be fine with a $25,000 price per Bitcoin this year with a possible recession coming and higher interest rates and with all the uncertainty surrounding the war.

I think we just need  lower our projections a bit. I’m still very optimistic long term but this year I wouldn’t recommend focusing too much energy on the price. I’m a long hold on Bitcoin so I would just say be patient and not let the fluctuations get to you.

$5k, nah, I don't think we will see that price, if worst comes to worsts, become around $10k-$13k will be the final capitulation for us. The war is still in the background, many nations are affected by it even the US, UK and Germany.

And I guess we should be optimistic and look for the long term. We will have like just 15 months before the block halving. So if there is energy that we need to focus, that is to look for it and so we should accumulate as much as we can in this bear market 2023 and doesn't matter what will be the lowest or floor price that we will see in this crypto winter.

How can you see the data of investors who started buying crypto in preparation for the 2024 bull market? Because I haven't seen this in the market right now. And if it does happen, I will wait gradually to see an increase in the price of all cryptos or at least the cryptos that are often bought by many people this year. Because people like big investors love different cryptos even though they won't see a new crypto that ranks so far from the top ten.

It's a gradual process though, perhaps some of them have bought a lot during the lower lows of around $15,500. Currently we are trying to break that $17k barriers at the start of the year so maybe the data is still fairly young at this point.

Nevertheless smart investors could have bought or doing DCA that's why we haven't seen the effects.

And next is the FOMO, those who doesn't want to buy right now, but immediately jump on the bandwagon when we are about to go a bull run. So that is the two sets of investors right now and go figure who will be the winner at the end.

I think, the price will still decrease more than $16,821, but it will not decrease more than $15,000 before it will increase higher to help long term traders and short term traders to make a good income from their investment. It will be difficult for the price of Bitcoin to fall down to $5,000 this year 2023, because this year 2023 will be a better year that will make traders to celebrate in the community. The right decision is to invest in Bitcoin now, and have full confident of winning something big when the price hit back $64,000 before the end of next two months.

What evidence do you have for your claim, or on what basis do you base what you are saying? I can't make a prediction for 2023, but as seen by economists or the world bank. 2023 will be another bad year for the economy as rising interest rates start seeping into our economy. So I wouldn't be as optimistic about a bull run as you think bitcoin will hit $64k in the next 2 months, or even this year is unlikely. And one more thing, we are still far from halving, so we cant expect bitcoin to go to 64k in 2023.

Bitcoin price will not increase much in January.  But there is also a question whether the price will come down.  Bitcoin has been a pillar of the market for a long time.  But since two days the Bitcoin market is on the upswing but this is our happy news.  Huge investments are made which will be recovered with little growth.

Accumulation is when there is less trading but more wallets with bitcoins. It means traders may end up dropping the price, because there are more sellers, but the buyers are not there to trade it, but to keep a hold of it. That means there is an accumulation and I think thats not really that bad of an idea, it is definitely a good thing for us.

It means there are many people who trust that the price will go up, and I believe that too. It is not going to be tomorrow or something, it will definitely take some time but it will be a great thing when it happens. This is why it is important to keep following the market and see what others are doing to have an idea about the future.

The idea is to make predictions, this is the "speculation" section of bitcointalk, which means we are all speculating and making things up. I believe that 2023 will be a "bad" year but the bad there has a level to it, and I think 2020-2021-2022 were worse than what 2023, it's not going to be good at all, but it's not going to be worse than those three years neither.

This is why that means a recovery, if you took an example and got 10 out of 100, then 20 out of 100 then 30 out of 100 that means if the exam you take next could be 40 and still be bad but better than previous years. That's what we should be focusing on, and that's what we should be doing.

25k in recession ? when in 2022 that the price did not even break 20k in December in which the Ideal time about bitcoin increasing its price?

I'm not sure we are going to see 5k or 10k but I also don't see it coming 25k when we are still struggling because of many factor.

I may lower my projection to 15k , this is the maintaining price I believe , either to go up a little or drops a little.
and maybe till December?

it may change in different way depend on how investors support the market this early stage of 2023

If we compare 2023 with 2019, it is likely that in 2023 we will see bitcoin price around 30k, which is about half of last ATH. I also think real growth will start in 2024, but there will definitely be a rebound in 2023.

The ratio of Bitcoin now, i don't think that Bitcoin can go more low than way it's right now, instead it will continue to experience more bullish, if should advice a investor, i will directly encourage them to take precautions to the particular altcoins they should invest on now, because Bitcoin might have take much time to be recovered, because Bitcoin as it stands Bitcoin can not go below the existing price situation it's right now.

People cant really just easily made out some easy switch into altcoins because if they do saw that main trend setting "Bitcoin" does struggle on increasing its price then they would
be assuming that it would really be the same on what they would be seeing on altcoins and this is where people do still hesitant on doing such action which i couldnt blame them off.
For this year 2023 we dont know on what would be the bottom and if ever the price would really be making out some recovery which is something that truly unpredictable
and there's no way on telling on what would gonna happen ahead.

Why should they believe that altcoins can grow higher than Bitcoin, without Bitcoin price recovery then altcoins will not have a bullish impact and altcoins have risks from crucial news from internal projects, many altcoins cannot grow at that time because investors switch to invest in Bitcoin , the growth potential of Bitcoin's price is more predictable than that of altcoins

Maybe because they have their reasons for entrusting altcoins to grow, even though it is very clear that altcoins are always more difficult to grow if Bitcoin does not get a better boost in the market. After all investors are also not so stupid to hang on to altcoins that they are always more likely to switch to Bitcoin when their profit targets are not met in altcoins. As a closer proof now everyone can see how the altcoins increased when Bitcoin started moving up to $17,510 in 24 hours

Yes it will continues to fall because that is what we can find in chart and according to many expert , but falling that value? 5-10k? not sure mate because the market is strong and coming from 70k down to 10k is so much dumping that many does not believe may come.
bitcoin may fall more but at least 13k is the lowest from what i see here.
it is impossible to drop down 5k but we can expect seeing at least 10k this year

I do not see that there will be any more low. I think we hit the bottom already, and in 2023 we are going to just see it go up and then keep going up more and more. I understand that some people may believe that it's not going to be that easy to keep on growing and becoming higher, because many people like you believes that it will go down, but the reality is that we are not going to see that.

Why do I think like that? Well simply because of the support levels and the amount of bitcoin being sold, it would be pretty difficult to take it anything lower than the bottom. Not saying it's impossible, but why do something so difficult, when the easier option is right there, market would prefer that for sure.

So far, we know that altcoins often have a dependence on bitcoin, so that when bitcoin goes up and down it clearly has an impact on the movement of altcoin prices on the market so it is very difficult to see if the growth in altcoin prices can be greater than bitcoin, indeed there are often altcoins that are actually in comparison reverse with bitcoin when bitcoin goes down and the altcoin actually goes up but to see altcoins have a greater price value of course that's probably not going to happen.

I also hope that price will go as you wanted or seen , but i am just being realistic mate , I mean I don't wanna fool myself expecting complete growth but in the end will bring me failure , better to be ready to what will come so at least failure will not take place in case it happened?
but I love your point and being optimistic , though bitcoin is really volatile and it dictates the market flow so looking at it one way is not a good point in my side.

2023 makes me optimistic, the increase has been more than 40% when compared to the last price in 2022, maybe there could be another correction but I'm sure it won't be like what happened before because of the big cases namely LUNA and FTX, but I won't be too easy on this tempted to sell immediately, I still remember that the highest price I ever bought in 2021 was over $55k and I want to be profitable again in 2023.

I think in the beginning and at the middle of 2022, there are nice increases as well but the latter part didn't do well. I am thinking that it maybe the same as this year where it only shows good early and then bad at the rest of the year. I am not telling you guys to be discouraged and cut that optimism of yours.

You can continue having that feels as long as you like. A correction is normal and different from a crash which can be cause by a severe negative news. Let's only hope that no major negative news this year. You bought at $50k? That's a bit high but you're right that in order to be profitable you shouldn't sell at any moment but sell only when the price rise above $55k.

In 2022 I suffered a lot of big losses from many places. I first got big losses from Luna. But after a few months I forgot about them I got another big hit from FTX and now I am very sad.  For bitcoin price increase I think if bitcoin price increase I can recover all my losses. I don't believe in anything but bitcoin now.

Sorry to hear your losses mate, for sure though you might get over with it, and then the big lessons here, those altcoins are really very risky and it's better to just put everything with bitcoin as this point.

I didn't lose any money on those projects fortunately and I just stick to where I know is going to get me somewhat time to sleep tight because it won't just simply fall overnight although the risk is still there. Yes, just go with bitcoin and hold and see how the price will go in the next bull run and hopefully it will be enough for you to recover your losses.

If you have an investment in Bitcoin, you will avoid losing the entire amount.  If you invest in altcoin sections, there is a fear of losing the entire amount.  I have invested in bitcoins but I have not experienced a total loss.  But we have to invest during the down market and wait for the bull market.

It's less risky to invest in Bitcoin compared to altcoins because Bitcoin is already established and the king of all. Thus, if you invest during bear season or before the price consistently increase then you'll be a huge gainer. But that is, if you able to hold for long time and won't panic incase what you expected didn't happen for a certain period since Bitcoin is ideal for long term holding. Old investors are already aware how profitable investing in Bitcoin is hence if newbies still have doubt then they can track the past price history.

Anyway, I think this is a good year for Bitcoin since the next halving is just around the corner. Many investors are already accumulating and it might be one of the reason why the price climbed up to $23k. We know many things can still happen that can affect the price but hoping there's more good news than bad this year.

the most important thing is that you don't be tempted to try to sell assets at this time, because this situation is only temporary and it doesn't look like it will continue to get better, it's a shame because the era of the halving period is only one year away, it is wiser to hold on.
the influence of LUNA and FTX seems to be getting accepted and can run as before, but the case of an unpredictable economic crisis will end this year, which might affect crypto. so I don't believe that 2023 will immediately have a positive impact, surely there will be things that are still affected by the crisis.

Bitcoin in 2023 looks mighty, when compared to the price position at the end of 2022 it has risen by more than 40%, and this is a good record and a sign that this year the market will rise, but we shouldn't just be amazed by the increase in bitcoin, it's better immediately buy and save in a private wallet so that we also feel big profits like other investors.

It hurts seeing the price of Bitcoin bounce back this far after loosing such money during these events Luna and FTX collapse, could be as a result of you keeping cryptos on centralized exchanges or owing one or two shitcoin that goes rug pull, precisely Luna. Now you've beginning to imagine if you had invested those funds into Bitcoin.

Good you've finally come to realizing that low and Behold Bitcoin has always been the safe heaven, you got to learn the lesson from your experience and never do the mistake again.

It's been a pretty sad investment journey, but after all those losses, you've also found the right investment for you, which is bitcoin. As long as you don't give up and keep investing in bitcoin, then you will have a chance to recover the loss caused by FTX and Luna. I'm not sure if 2023 is going to be a good year for bitcoin, as we're 11 months away from the end of the year, so it's hard to say what will happen. But if you can patiently hold BTC until 2024, then I believe you will be rewarded.

Then from here you should learn one thing and that is to trust bitcoin completely and just ignore the fact of gaining high from shitcoins .
LUNA had been in the scene for such a time and tries for full many investors as it can but what happened? same as FTX that you said?
now you learn your lesson and move on. bitcoin to trust and only bitcoin , just try hitting some good altcoins like Ethereum.

Right. Altcoins cannot be trusted, but time-tested coins can be chosen. Monero or Litecoin, for example. Investing in these is just as profitable as investing in bitcoin. There is the same minimal risk that you will lose all your money. But investing in cryptocurrencies is still a big risk, especially for those who are new here.

I think the period of 2023 is shaping up to be a bitcoin recovery and restructuring.  That is, it is not an increase or a decrease, but a small upward and sideways process respectively.  Data across bitcoin market cycles has dropped from $68k or less in over a year, market consolidation and restructuring is showing that 2023 is a recovery that could be fast or slow but  price may be at 30-45 thousand this year.

not your keys, not your coins, is the immutable law.

wrong , you will not losing entire amount instead it will only lower or almost none , that is why we must only invest with maximum tolerance in Bitcoin and only will put a small amount in altcoins ,that is how this market go unless you are ready to accumulate and risk your funds in crypto currencies .
and also ? what we can do is limit your investments in altcoins and only focus in Bitcoin.
it is a normal thing that after ATH the price would drop even higher if you will only check the graph over the years , but the main problem is when it will increase and break that ATH again.

Recovery and still accumulation phase for me. Yes, we have seen the lowest low at $15,500 last November 2022, but at the start of 2023, the market has bounce back going above $24,000. So that is a healthy sign at the start of the year. But it doesn't mean that we will see or touch even $50,000-$60,000, it's too early for that one.

We will have to wait for the bitcoin block halving next year + couple of months. That has been the history after this event and hopefully it will occur again and so we can see a new ATH at 6 digits. But hopefully a good $40,000-$50,000 this year could be achieved.