Bitcoin Forum

I have been in crypto almost 1 year now and has been an interesting year to say the least. When I bought my first crypto in January I didn’t know anything about cycles and just started investing after a friend had been telling me for months to do so.

My portfolio is currently 40% down and I have just been buying weekly throughout the year and more when we have crashed and haven’t sold anything yet.

Up until today I had the plan of just holding and selling when everything gets back to all time highs again but I have just realised as I have been buying at these lows for a while now my average buys have decreased a lot meaning I don’t need my investments to go back to all time highs to see good returns.

I only started investing in Bitcoin after the June crash so feel I have a good average price currently as I have only been buying between £13k - £20k. Bitcoin I will hold until £100k at least but altcoins I own I realise I don’t need to wait for them to get back to all time highs to see good returns.

I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?

Nobody here is a prophet to know what will happen to the Bitcoin price in 2023. Just like most tradable assets, what you will get will just be speculation from different members. You will have to wait it out, so what will determine how far you will HODL will be your level of patience or greed if you have any.

Take care of some altcoins. Some of them will keep sinking lowered and lower until they are no more and abandoned, and you will lose your investment even after waiting, just like that.

I know nobody knows for sure, would just be good to get some thoughts from those who know the cycles and have been in crypto for many years.

I understand we have to wait until 2024 for the Bitcoin halving to really see prices go up but just curious to hear what can happen in 2023.

Are we likely to have a run up to £40,000 or something or is it likely to stay at low these low levels for most of 2023.

If you're hodling altcoins, it's tricky because a lot depends on which ones you bought, how long have they been around, did they manage to recover from 2018 crash (if they were around) etc. Some altcoins will recover with Bitcoin, but it's still a significant risk. Some might never recover.
As for Bitcoin, I think expecting $100k+ is reasonable, if not in 2023, then in 2024.

It is not a problem for anyone to study what happened with Bitcoin from 2009 until today, and cycles are not a secret and something that is difficult to understand. What is important in the whole story is that there is always a possibility that what happened in the past will not happen again in the future.

In the context of the cycle, next year might be more positive, but how can you predict if something bad will happen? Any negative event like the ones we had this year would have a negative effect on the price, but also some big and positive news would have a positive effect. Never say never when it comes to Bitcoin, but somehow I'm not inclined to believe that next year there could be a price increase of even 100%, but miracles happen from time to time, don't they?

Isn't that too high for a market value? Also, a market price as high as that won't be more likely achieved for a single year only. Considering market behavior at this moment as we get close to the next year, things are really sketchy.

 But regarding altcoins, indeed ut would be hard to determine which is which, but by quite doing a background check on the project, things might  be lessen especially with the risk. In terms of altcoins ,only few of them are having price increase not in line with general market trend. As an investor you should be able to find those kind of cryprocurrencies. But for now that the market is having a hard time to recover, be patient and wait for the right time to invest.

It is my expectations that the second half of next year will be very interesting in terms of
-Pre-Halving- price movement.

We have seen this before and closer to the halving event a lot of people ask "is the halving
priced in?" and usually it is because the markets start to react about 6 months before
the halving happens.

It's impossible to say just how high we can go in 2024 but in the second half we should be
leaving the sub $20k long behind.

If I get you right you are looking for predictions from old or early investors how the price were a year before halving. But before you aid to predictions just remember that jinx usually happen. There are other major things that influence its price. The growth of investors or adopters will affect it. Things like crash of exchanges like the FTX of this year will affect it. Say a bigger exchange like Binance suffers same feat.

Regardless of those stated worries i predict a bearish period between the starting of 2023 till the middle. After then we might experience bullish period till the end of next year.

2023 could see mostly horizontal price movements which could rise as much as $40k or its equivalent in pounds and could also drop below $10k.
The market can also be affected by indirect events, like a hack, or some government policy which could raise the price momentarily or lower it.

My expectations would be a peak of maybe between $30k - $35k for 2023

- Jay -

All I can say is that there could be a good chance that we might see another all time high. Or at least reach our previous highs of $69k. So just putting that numbers around, you might still be very happy buying today and then making huge profit if we hit that price. We will have a bitcoin halving in the 1st quarter of 2024, that will be a good gauge to see where the price will be in the future as we all know that it is the catalyst for a eventual bull run. And with that,, I would say you don't need to worry, just continue to accumulate and let the normal flow of the market come in 2024, maybe it could be $100k or higher or $50k. The point is that you could still make money if you look long term.

We all hope the price will increase since the halving will take place next year, but we shouldn't jump to conclusions about the price increase. I understand how it feels to look at your portfolio. You should just exercise patience during times like these once you hold, and you will undoubtedly profit when the time is right. so let's all hope for the best is yet to come with time. it is always difficult to predict when the bull run will start all we can do now is hold.

My expectations are similar. I think we’ll see the price start creeping up as people begin to eyeball the halving, but the real fireworks take another year after the halving when the rubber hits the road as they say. If we do get institutional adoption, 2024-2025 will be some explosive years. The current recession expectations hint that the economy will be back growing by then and irrational exuberance will likely return. 

Bitcoin's price will be higher at the end of 2023 than it was at the beginning, mainly because of the approaching halving in Q2 of 2024. Additionally, I anticipate that most countries will relax their economic policies after recovering from the effects of the war and pandemic, which will allow for gradual inflows of funds into investments around the world.

Many depends on Bitcoin and yes, not all altcoins will survive from this recent crash and maybe only few good tokens will remain in the market. 2023 will be a good year for recovery though I see Bitcoin to make its new ATH in 2024 where Halving hype will start to be on the market. Bear market is about to end, kudos to those good projects and coins who are able to survive, if you are buying right now that’s a good opportunity for you, just hold as much as you can.

even those who have been here for many years aren't enough to tell you what is the lowest or highest mate because this market is unpredictable .
40k in 2023? no one really knows but for me? i think that is over expectation mate , why not just contented on your belief that Halving will bring more chances than 2023 in which expecting to be more dumping than 2022?

No one knows what can happen in 2023 but there will be two possibilities that can happen in 2023: the price can increase high or the price can decrease deeper than now.

Bitcoin has the possibility of reaching £40,000 or even higher but sadly, we won't know when that will happen. We can only guess based on the market charts by drawing lines from the movement of bitcoin so far and it's also not certain that it will really happen.

2023 may bring very good changes for bitcoin but it could also be that we have to wait until early 2024. The important thing is we have to keep waiting while trying to accumulate more bitcoins.

Who can predict with certainty what will happen to Bitcoin a few years later, no one can predict with certainty the price of Bitcoin at the end of the year before the 2023 calendar change.
You have to focus on the initial goal, hold all your assets until Bitcoin reaches the new ATH as planned. Now is the time to hoard Bitcoin flakes while the price is still affordable, long-term plans will make you earn big profits as long as you stick to the plan that was laid out from the start.

When you already plan to sell your bitcoin only when the price reaches ATH again, then you don't need to predict the bitcoin price in 2023. What I care about you is are you really patient enough to hold your bitcoin until the bull season comes because your question makes me doubt it. Another important thing that you need to take care of is your altcoin investment, you also think they can drop more, so why don't you consider cut loss and switching to bitcoin to avoid losing more?

Of course, no one can know exactly what will happen after a year or two, all predictions are analyzes based on typical Bitcoin price cycles during a previous price cycle.

Everyone here knows that the Bitcoin halving will happen in 2024 and according to the previous price cycles, it is likely that Bitcoin will reach a new peak during that time.
This is what happened during the previous price cycles, and this is what everyone hopes will happen this time as well, everyone is highly expecting it, but in the end anything can happen.

We can only wait and see what the market will do.

If you put it that way, I'd be waiting for the end of the year to see how much Bitcoin price will increase in the market. Because this year there are only 20 days left before entering the new year and that is a very short time.

I see the price of Bitcoin at the moment is always bouncing and I also don't know if that is a sign of increasing higher, or dropping to a lower price than before. Even though if we look at the global use of Bitcoin and cryptocurrency adoption it has started to spread to several countries at this time. And that's a very good thing for Bitcoin.

Yeah, have to agree with what Lucius says about cycles. They're there and I believe at least some form of a cycle has to take place -- whether or not it will be as predictable in timeframe or in amplitudes (highs and lows) is another thing entirely.

And then we have the so-called Black Swan events -- March 2020 stood out in the last cycle, but I see now people are quick to call Terra and FTX black swans (to me, completely rendering the term useless as Black Swans shouldn't happen so often and their impacts should be extremely severe!).

He is talking about the end of 2023 and the beginning of 2024, not the end of the year, we are in 2022 ;D. I don't know what his prediction is based on to say that the bitcoin price could rise from the end of 2023, but I will agree with him that the market will recover, bitcoin will increase in price as the world economy enters the recovery phase after war and inflation. Like the economic crisis in 2008, everything exploded and grew enormously after the crisis.

How the heck do you know about this mate? You have seen the future? I mean without any proper evidence or proofs these types of proofs or assumptions are useless. If we see previous year graphs, then this is the time when Bitcoins grow in their price to be honest. Moreover you have bought the Bitcoins at a perfect price. If possible currently buy more Bitcoins in the current price. Hold it for couple of months, and I am pretty sure that you will see good profits. 2023 will be really big for all the Bitcoin investors.

As per usual 4 year cycle of bitcoin, we may have the current bear market only up to the first month of 2023 hence you may expect bitcoin market to recover somehow after that. 90% of chances of 2023 to remain as sideways market which include some recovery from the current price levels.

In 2024 mid, we have halving and usually the halving year is known for getting back to ATH. It means by end of 2024, bitcoin market may trade again around $60k levels. So, the current periods are very good opportunity for buying and holding and I am sure if you manage to buy now and hold then by end of 2025, you may see yourself richer by 10 times. Because, bitcoin market is known for growing 10x from ATH to ATH but now you get chances to buy lower than current ATH.

After 2022 there was a lot of turmoil from several big cases such as LUNA and FTX then I'm sure that investors are getting smarter now so that 2023 will skyrocket again, don't worry about the future of bitcoin, many experts say that in 5 years the price of bitcoin can reach 10x at its current price of around $175k.

Usually the price of bitcoin rose not at the time of the halving but afterwards. So we should probably expect bitcoin to rise in 2025. As for 2023, I also think we should expect a sideways movement, but if you look at the annual price chart, we have a big red candle this year. According to statistics, a red annual candle is always followed by a green one.

Bitcoin price performance I think will be similar to 2015. January price plummet followed by sideways action and another drop in late summer.. Then slow sideways action until December 2023. It’s quite a long wait until the 2024 halving. Price should start its grind upwards early 2024. I don’t see a bull run until mid 2025 tbh. Regulation is coming and “crypto” will suffer. But if you’re a long term bitcoin hodler that can DCA this is a blessing in disguise.

What cycle should we expect to see the price start picking, most investors are aiming toward Bitcoin halving to be the starting point of the uptrend movement, but then we must wait it out to see the outcome of the whole event and also that could take up to a year to fully reflect on the market price of Bitcoin. Just as mentioned by others who have commented on the thread, it's an impossible thing to do trying to speculate the timeframe for a cycle in Bitcoin. No doubt Bitcoin's previous chats are there to take note of previous events and cyclical movement but at what point exactly will the dimensional movement start is what most analysts failed to predict rightly, on a general note, I commend your general buying technique weekly accumulation of Bitcoin will help you reduce the risk of decline market movement after buying but accumulating on a steady base will also help you maximize the profit on a short term base, so whatever direction the Bitcoin market goes you will be in a an an encouraging conditions.

The halvening will be in the first half of 2024, and a bull market would start close to that time, maybe before it, but more likely after it. So I wouldn't expect any particular bullishness in 2023. Maybe there will be a small recovery, but most likely it will be a very stagnating year, like 2019 and first half of 2020.

Halvening cycles is the best thing we have for predicting trends, everything else is based on unknown variables, We can't know when a positive feedback loop of hype could start, but we know when the new supply is going to cut in half.

Try to mention the names of the experts who say that here. Bitcoin has been used by many people and is more than 10 years old now. Now, if these experts can read Bitcoin's future for five years, try to say for what year, because making price predictions that high is not just talking nonsense, but always requires clear reasons or references for this.

So I'm a little curious about the experts mentioning that to you, because I never imagined Bitcoin for $175K myself. Because I will always feel very happy and very grateful if I can see Bitcoin at $ 75K without having to have $ 100K behind it.

Yes, and unless we break it in this 4 year cycle, then it will have to take place. I understand that there are proponents who says that we might see a super cycle or it will be broken into 2 small cycle because bitcoin narratives have change. However, I think it will remain and continue to hold true as 2022 is the start of the bearcycle.


As I have said in the previous post, this so called Black Swans will have to happen in a bear market, like you mentioned the Covid-19 March 2020 was the one in the last bear cycle. Now we have the Terra Luna and recently FTX collapse, this event is inevitable, someone or something will have to happen to bring the market down and reach capitulation or order for us to rise again in the bull run.

Late 2022, Bitcoin price will be above $15k, and not much lower than that. Beginning in 2023, the price of Bitcoin will drop much lower than the price at the end of 2022. But entering Q2 of 2023, the price of Bitcoin will start to pump slowly, approaching 2024 a spike in the price of Bitcoin will begin to appear, or a chart looks like a standing wall. It is entering a bullrun phase, of course we are getting ready to turn a profit. But this is just an analysis, maybe it can't be used as a reference for trading.

I still think that we are at that one large increase level, however after the next one it could be broken into two smaller ones. Right now, having 10x or even if you push it 20x is not impossible. The bottom was 16k, which means 320k would be 20x and that is HUGE increase for bitcoin, I am guessing it won't be that high but it is a possibility there. Which means we are talking about something that is a bit harder to handle, and that's going to be the key here for sure, anything above 200k is a huge one large move.

However, if we are talking about something that is two smaller pieces after that, it makes mor sense, like 240k will drop to 100k or something, and then we will go to 300k, only 3x and small, but then it will go towards 150k to 200k and then we will go to 500k, that type of moving is possible.

When you sell cryptocurrency for less than what you initially invested, it is the only time you will experience a loss. It's quite acceptable to ask for $100,000 in bitcoin before selling. By 2024, it's conceivable that bitcoin may soar to its all-time high, or $100,000. At least by then, the profits from your investment in bitcoin will have completely offset the losses from your investment in alternative cryptocurrencies.

That's right!
Because it will remain 1 Bitcoin if you have 1 Bitcoin in your wallet and there's nothing to lose if you won't sell it.
Never sell under the price where you purchased Bitcoin, aim for your targeted profit when you are planning to sell them.

I didn't hear any news that Bitcoin become bullish by the next sure, so my assumption Bitcoin price will remain and struggle to raise by next year.  But who knows if there's a big activity that usually takes affects the Bitcoin price by the next year 2023.

I may suggest continuing the DCA way when purchasing Bitcoin, this would help to minimize your losses while waiting for the bull run.

It is possible the price of bitcoin is going to be that high at that point in time, but it is irrelevant as we are still far away from that date, what we need to do is to concentrate on the now, and right now you can buy bitcoin for a very cheap price.

So if someone has some cash available and they are completely sure they can hold their coins for the long term then this is the perfect moment to buy some bitcoin, as we never know when we could experience a small recovery and we will be forced to pay more for the same amount of BTC.

I think, the price of Bitcoin will definitely hit back to $60,000 next year 2023 for traders to believe that the price of Bitcoin will improve higher in 2024, because 2024 is the main year many bitcoiners are planning to release their bitcoins for sales so that they will have enough money to prepare in case the price of Bitcoin drop down again for them to use the opportunity to buy and hold. Now that the green light is preparing to remain stable, showed that the bearish market is about to give way for bullish market to come so that those that bought Bitcoin when the price was low to use the opportunity to sell to make more incomes from their investment

talking about "Before 2024" seems to be hard as you are asking how high it can be? maybe best to ask for the 2024-2025 as this is the year we are talking about Bull because you seems to be holding so why need to seek for the earlier when there is the much better year?

I know 2024/2025 is going to be the big years, my own prediction is Bitcoin will reach $100k in 2025.

I am just wondering for those who have been in crypto many years and have seen previous cycles what next year may be like. Are we expecting to see Bitcoin below $20k all year or is there likely to be a rally to $35k or something?

one of the most stupid start , investing because a friend told them and not digging about the market flow and movement.

dont worry , you are not alone in this drop so let it there for a year or more now.

well the lowest price i  could tell is 10, that is the cheapest we can buy before the halving happens in 2024 .

Despite that any investment of cryptocurrency is a risk, i would have say that altcoins are good for investment because whenever it encroach bullish market been the investment of altcoins you will make a huge profit, but know take altcoins is the highest kinds of investment you venture to, because some of them doesn't have potentials, so since some them does not potential it will just die off on the process of investment. So it's reasonable if you want to invest during constant bearish market and you go strictly to Bitcoin that has good potential and the time to recover whenever it falls.

lol why need to wait till year end when you can already decide now? the volatility of this coin mostly act in end season like this so do it accordingly or be sorry next year.
this is a sign that we are stable now and seems to be continuing this whole year end of December.

Yes, it is better to counter the rise and fall of Bitcoin through DCA. If you accumulated more of it at $16,000 or $17,000, you don't have to wait for the time when the price goes back to how much you bought your first Bitcoin. If you bought your first Bitcoin when the price was around $40,000, you could recover your loss even if Bitcoin only reaches $30,000. You could even profit already. So it's great that you realized this.

But since you are planning to hodl, it is even better. It is always best if all your Bitcoin is in profit.

I'm expecting a slight BTC rise approaching the last week of December. I am considering people would buy fractions of Bitcoin after the release of the Christmas bonuses and other monetary gifts for the employees, since Bitcoin is also considered cheap at $17k.
I'm expecting at least $18k-$20k rise just before the year ends. Then, I wouldn't be expecting a bull run next year, maybe we'll see BTC roaming around $15k - $25k.

and I was thinking what concerns Him more when he already mentioned about Hodling ? maybe the best  question is how much it will fall in 2023 so there will always a chance to add more from his hodlings right?

i try to accumulate everytime the price drops so surely once it crosses that value again i will be profiting.

It also got me thinking but it's possible he's not really hodling in the sense that he doesn't anymore care about what will happen to the price or his profit. It seems he is only hodling until a new ATH is reached or if he is already in profit. At that point he will probably sell just like he planned with his altcoins. But if it's true that he is planning to hodl until £100,000, then there is really no point worrying about the price today. He just have to buy more while the price is low and increase his potential profit.

Today the market rises again by around 4% and makes us optimistic that prices will return to the $ 20K level, of course, will be a good start in 2023 so that the market can rise again, many conditions that affect prices can rise or not in 2023, but As long as there are no big cases such as FTX, we deserve to be sure that prices can touch at least 300% of the current price of around $ 50K.

For now DCA is what a good and determine trader or hodler should be doing because the price is quite low and with the little move we are seeing since a week after that FTX scam seem to be settling its dust. Maybe the confidence after that incident is growing again. This is December and the price has appreciated hitting $18k few days back, the new year may take another turn.

If you hold for more years then you will see all your bitcoin in multi-fold profits which means you never need to worry about your initial capital as some 10% of your total bitcoins are enough to cover the capital amount and then you can leave off your investments to keep growing. This is how true bitcoin adaptors do. This must be the simple trick to enjoy the maximum benefits out of bitcoin investments.

Before 2024, you may not see any big rallies but if you remain patience until end of 2025 then you can see at least 10x appreciation from the current prices as bitcoin is speculated to test $1 million by end of 2025 (~20x from current ATH).

I am hopeful that Bitcoin will reach $40k by the year 2023. However, the halving cycle will continue, albeit not precisely. As a result, it will eventually fall back to $20k. I anticipate Bitcoin to be around $20k-$30k by the end of the year. Before the beginning of the halving year, 2023 will be the best year to purchase Bitcoin.

Anyhow, these are all speculations, significant occurrences such as Terra and FTX may alter Bitcoin price direction. But we hope to hear more encouraging news, such as another state adopting Bitcoin as a currency.

BTC has really shown some positive attitude. If it keeps the same pace throughout the December, then definitely 2023 will be really big for Bitcoins. If Bitcoins anyhow crosses 20k usd mark by the end of this month, then definitely we will break the resistance and will come towards another bull run. Let’s not miss the opportunity, and buy as many coins as we can. As once Bitcoin crosses 20k usd, it won’t stop. And it’s better to buy and hold than regret. Let’s hope for the best.

Is this an expert advise? We have to be guided with this little rally and resistance that bitcoin has done since the last week. It is true that the expectation for bitcoin this month to drop has not been felt but notwithstanding we don't have to jump in all in all for the expectation for bull early, at least DCA is still a better pattern to hodl.

Till now cryptocurrency market has all the favorable conditions without any regulators or restrictions but with major scams and exchanges funneling out money left and right and going bankrupt you have to believe that we might be seeing strict regulation in the next few years and that might change the cycle as well like we used to see in the past 3 rallies.

One thing is certain, halving is real and when the number of coins reduces that will make an impact in the market and we can only speculate as we are in unchartered areas as the market is barely a decade old and personally as an investor i would like to see the same kind of rally like we used to see and if that happens $100k would not be a huge barrier this time but only time will tell  ;).

No, that's not the expert's way of saying that "after $20,000 bitcoin won't stop" This seems to be in doubt.

Bitcoin is still not strong enough to rally and can only hold resistance but the price is back down meaning that with the pattern of resistance still not strong enough we are still at the lowest support point at the moment, you need to know that market expectations are still not strong enough to stop the decline so we have to stay big wait for this.

True DCA and Dips are still a great way to hold bitcoin, as strong as we can be we have to hold on and strong run buying bitcoin at any cost.

Resistance is still there and the market is not acting the way it should towards how we are right now. Let me put it this way, as soon as we start to do some good, there are some news that will put some doubt in peoples minds and the price goes down. What does this tell us?

There are some high upper people that has a lot of money, but not as much as us, so they are using us to make the price go down, if they wanted to drop it themselves financially, it wouldn't be possible because their money is not enough, but pay a few million to bribe some people and buy some media and you can in still doubt in peoples minds and they will start selling for you, in tune of billions.

I once asked a crypto expert about speculation and Bitcoin price predictions in my country.
said the expert.
For 2023 Bitcoin is a bit difficult to speculate and predict, not the same as Bitcoin prices in previous years, he realized that this year the crypto market was indeed difficult and difficult to predict analytically, he said it was caused by the negative things that had happened so far to many crypto trading exchanges, but he did not mention the exact direction of Bitcoin going forward.

The expert advised me if you do something with Bitcoin, follow your heart and mind, don't be guided by the news on the internet, that's the advice I can come up with, but he said Bitcoin will fall below its current price, he did not mention what the lowest price.

I think from the words of the expert, that at this time if we want to invest or trade the decision is up to us, good and bad choices we ourselves decide.

I agree that its not good and its not going to be good for a long time as well. Its a hard prediction because 2023 is unlike any other year, it's not looking like coming off a recovery, it's not coming of a bull run, its looking like it accepted bear run and then stable afterwards. That is usually not that common, either we are in a bull run and going up, or we are in a bear run and go down, right now its not going down much, and its not going up, sure there are 5-10% moves but those are small for crypto and it looks like we are just stable which is usually very unlikely scenario for crypto since it is known to be super volatile, nothing small like we are seeing.

I'm not predicting a worst case scenario for 2023 even though we are currently at the worst end for 2022, I believe the second quarter of 2023 will recover the crypto price and hope it will stabilize above $20k but if another big FUD news comes it will be very vulnerable to hit the market lower below $14k after the last historical ATH was reached. Actually I can't believe BTC price is back below $20k but the impact of FTX and Luna is worst because both cases have destroyed investors' confidence in the exchange and market price.

There is a bold person that predicted Bitcoin will go up $250k  six months from now.  I read an article from cointelegraph a few days ago and this thread reminds me of the bold prediction of that person.  Although it is baseless, he believe that Bitcoin will only need six months (about middle year next year) to be in $250k price.

I found it insane but of course I hope it will happen even my logic say it is impossible.  If you wanted to read the article, you can find it here: https://cointelegraph.com/news/tim-draper-still-positive-on-250k-bitcoin-price-prediction-in-2023.

and this is the reason why he thinks BTC will surge in about six months :

Because investor confidence was destroyed this year as a result of the two major cases that occurred this year, for next year investor confidence will not immediately return to the market and Bitcoin even though it is still very slowly possible for the market and Bitcoin to recover. But it's definitely going to take a little longer than last year or more than usual, because it's about the lost confidence among investors.

I'm not a prediction expert, even those who are experts are sometimes less accurate in predicting the price of bitcoin in the near future.
As far as I know bitcoin cannot be predicted in the long term but the long term never disappoints, and taking advantage of the decline to accumulate is very wise and without thinking about the price of bitcoin in the short term because it is certain that in the future the price of bitcoin will increase.
2023 is only a few weeks away, I don't think the bitcoin price has shown great movement and also I think 2023 will be the same as this year, maybe there will be only a slight increase or maybe there will be a deeper decline. So for me let bitcoin run as it is, and it will eventually go up in time.

In 2016 to 2017, Bitcoin price was around ±$1700, hence the 2018 bullrun of ±$17k Bitcoin price. If the Bitcoin price before the 2021 bull run was ±$6k, then the 2021 bull run Bitcoin price could reach ±$60k, this is 10x the previous price. If in 2022 to early 2023 the Bitcoin price closes at ±$10k to ±$ 15k, then the 2024 bullrun or the next bullrun can reach a price of $ ±100k to ±$150k.
The price I mentioned is not 100% real, but only an adjustment. You can see in cmc history in every bull run and before the bull run.

^ In 2024 it was expected that there is a BTC halving and I don't believe the BTC price will reach this $100k range.
But I think after a year that halving successfully occurred BTC price will raise like the other previous years that happened. For now, it is unclear to make a prediction because as I see, the BTC price reaction depends on what happens outside. It depend usually on the fundamental analysis, not on the technical analysis. People keep saying that the repeat itself of predicting price really worked. My prediction is BTC price will still struggle to pump up next year.

Range bound for this year and then next year it will attempt to leave this box via any means necessary .  most likely price action breaks the weakest point but that might not be apparent or correct at first attempt
https://talkimg.com/images/2023/06/12/AEgBz.png

Biggest clue is the way 50 day average caps us, we are at most neutral in our progression and its hard to predict the whole of 2023 on an determined process presently.    After the last few days I do presume we must test the bottom of this ranged box we're in.  When the negatives fail or run out of energy (which can be about time also) then we once again attempt to build.
   Till I see different I must presume 2023 is more of the same, very close to what we have now.

2023 is most likely going to be yet another difficult year for bitcoin, as it is not as if the economy is going to improve too much during this time and we are still in a part of the bitcoin cycle that can be very negative for its price, so while I do not wish for more disasters like what we saw with the FTX exchange to keep happening, we need to prepare just in case it happens, and while performing a DCA strategy would be a good thing during the next months, it is also important to have some cash in reserve so in the case we have some unexpected expenses we do not have to sell our coins.

the bitcoin trend will usually go up after the previous year it sank, if we look at the trend for several years there seems to be the same pattern, for example a 4 year trend, a 2 year trend and so on, I'm sure that in 2023 the price can rise again, there may be a big case that creates panic like LUNA and FTX but it won't have much effect anymore, and it's possible the price could touch 3x from the current price.

I just hope that a better case for influencing the price of Bitcoin in the market can increase, because the bad case as you said is still very much on my mind and even the minds of some investors for now. But what still makes me a little surprised is why almost everyone always thinks about the bad case, while they just forget about the good case that happened in the past.

Too often remembering bad cases will only slow down our decision to move forward as we have done before, because fear always arises when we remember bad things and it will not lift our spirits to continue working and fighting in the crypto space. So don't remember too many bad things if you still believe in an increase in the price of Bitcoin for the next year.

Like your statements, many people here have predicted that bitcoin might be having a mixed trend in 2023. Still, we could try to figure out the maximum peak it could attain in between time as per OP suggested. In my expectation, I believe that we are going to see prices to be trading above $40k levels in 2023. This is not based on technical aspects but purely my observation on past charts of bitcoin market.

If you notice, even market sentiment will not remember both positive and negative news for longer duration; when some news arrive, market will react to that and its consequences will follow technical aspects for few more days then market will forget that news then why should we alone to remember old news and events?

Bitcoin in 2022 dropped significantly, when compared to last year's ATH it has dropped more than 70%, of course this is a sad fact, but this year will end soon and we will enter 2023, usually after the market drop it will rise again, in 2023 I bet the price could touch at least 200% or $35k.

I don't expect any big price jump from BTC in 2023, I believe that there will be more panic in first quarter of 2023 but for those who are smart that will be the best time to buy.

Honestly speaking the best time to expect anything from Bitcoin is after the halving period is over, that's when more money will start returning to the market, BTC halving creates confidence for the market after every bear seasons.

Hopefully what we want can be achieved in the next year so we can get big profits again like before. But before that, we must be patient and keep waiting because market conditions have not improved, and it looks like the market will experience another correction. And hopefully, there won't be any more negative news like before so as not to provoke investors to panic so that the bitcoin price doesn't fall any deeper than now. We can only prepare ourselves by buying more bitcoins at this time because the price is still low.

In my opinion, it is too early to expect a bull run in 2023. Bitcoin is also part of the world economy, and our world is still suffering from the war between Russia and Ukraine, so expecting the price to recover to $30k is hard. And need to take into account the happenings in the market that we have, Fuds of centralized exchanges. After Mazars Group and Armanino stopped providing audit services and deleted all previous results and so far, no entity has dared to audit the assets of exchanges, raised major concerns about the real assets of these exchanges and their transparency. With all this bad news, I think we're going to have a correction rather than a bull run.

The altcoins bull is yet to come like it did around 6 years ago. Investors have been expecting this to happen and maybe it may be in the next halving season. However what I notice about this market is that at the right time the market will take a turn either for bull or bear and it is not really about fud or panic. There have been two incidents in the history of the market to support my assertion so far. The Chinese ban in bitcoin in the past didn't stop bitcoin rally in 2017 and 2020, the covid-19 pandemic year rather gave the cryptocurrency market more recognition and that is why we saw another ATH. So hodling is good at this bear time.

the question of the OP is hard to answer as we are all just speculating when it comes to price of btc in the market. even long timers in crypto won't give a precise market condition. the trend depends on what is surrounding this industry, actual news, fud and other contributing news combined will give the sentiment on this market. but it is good that the OP is still positive even if his portfolio is down, and still continuing to collect more coins. if you do have strong belief on this market, you can very well stock up your portfolio with quality coins.

Predicting the price of Bitcoin is not something that we can say is constant alright I'm prediction because I believe that bitcoin price is something that is not stagnant or something that you predict and it come to pass so everybody knows how this contradiction works and how it all about I cannot stand to predict what will not come to pass so people will bring it in the price of Bitcoin it is based on their own experience

Your simplest answer to this question is to look up the halvening time table, its not precise but varies slightly and then after that the free market has its own wandering in price and sentiment to consider.   I would not guess 2023 for a recovery beyond the 200 day average, not in a sustained stable way.   I think we are required to rebuild and remake the price and path upwards many times over, too many broken bridges at present to be simply positive.
  In the past movement the price above 20k was clear, now it strewn with debris to obstruct and delay us constantly.

If we pay attention to the trend that occurs, it can be said that in 2023 is the beginning of the revival of the market, in 2018 the lowest price of $ 3500 then in 2019 the highest price can touch $ 13k or almost 400%, if we follow the pattern then the highest price of 2023 can touch 4x or around $ 65k.

Maybe it's too early, but we can continue to hope that 2023 can bring a little change for us to benefit again. And even though, in the end, the market hasn't been able to increase yet, we don't need to worry or panic because it's only a matter of time before the market can increase again. And we can only continue to be patient, waiting for the crypto market to rise again.

Everything that happens in the crypto market is bound to be replaced, and even though the crypto market is still in a bear market, it is being replaced by a bull market. And even if there is still a lot of negative news about the crypto market in a year or two, that won't stop bitcoin and altcoins from getting an altcoin season and a bull market for bitcoin. And now is a good time to keep hodling potential bitcoins and altcoins. Don't give up and keep hoping this will all be over soon.

It is very difficult to say anything definite especially because of price fluctuation. Obviously it's always possible to expect recovery during 2023, but it probably won't be much more than you'd expect. I don't expect anything big during 2023, but perhaps $30K looks very likely during Q1. 2024 is looking more convincing than 2023, but certainly the start of a revival can be expected at the end of 2023 which will continue throughout 2024.

If you remember about ATH, then 2017 - 2021 - and maybe 2025 the pattern will be the same.

Ops we are on the same ride, but what makes you different from is that you invested some portion of your capital on altcoins but, on the other hand, I concentrated on buying Bitcoin for long-term holding.

Talking about the Bitcoin cycle is something that we have to wait for to see the results of this present Bitcoin cycle to end after the bitcoin halving of 2024 but there is no certainty of when exactly the price will take a new direction to. make the big mark we all expected.

Buying Bitcoin at its current price is still considered to be a good buy price since the price of Bitcoin is low and a little above $16,000+ price.

I would advise you get your mind off what will happen in 2024 after Halving as regards to price of Bitcoin ,basically returns until when we get there, so you don't get disappointed in the end if things didn't happen as expected.
Fantastic as you have been busy buying Bitcoin all through the year and I believe the future will be bright for Bitcoin.
I do expect more consolidation to continue in Q1 and Q2 of 2023.

In Bitcoin investment and time of bearish market, what we need to do, is to accumulate our Bitcoin should in case if the price of Bitcoin rise they will be a surplus market, so therefore i believe that a disappointment is real in bitcoin price in sny particular time, i know that Bitcoin don't have a specific time of increment but the hope of an investor is for coin to increase so that they will be a profit.

It is important to put things into perspective, the volatility of bitcoin during that period of time was higher, while the volatility of bitcoin during the current cycle has been way lower, so while it is true we could see a recovery during 2023 we should not expect to get so close to the all time high, I think a more reasonable prediction would be something like 30k to 40k, that being said even if those levels were reached I am not confident bitcoin will remain there for long.

but seeing it now dropping to 16k again knowing that we are closing the year? I'm afraid that we will be failing to see at least 20k

but staying at 18k will be enough to close 2022 you think?

but more happier if 20k will be broken at least just this month .

Only 10 days left of the year, and now we still face a lot of Fuds in the market, but I believe bitcoin will not drop to $16k by year end, but the $20k target for Bitcoin is also very difficult to achieve. I predict bitcoin will probably range from $16k to $18k until we head into the new year.

But in 2023, my prediction is bitcoin will make a new bottom, not go up. Although the Fed has lowered interest rates and inflation in the US is trending down, in countries like the EU or Japan, inflation is still increasing and they have simultaneously raised interest rates. It shows us the economy will actually get worse in 2023, so I don't expect much in 2023. I think we should wait until 2024 when the halving happens, and the economy recovers better.

I still have very full faith in Bitcoin, but for a price level of $20K in the very near future I'm still very hesitant to reach it, because Bitcoin still hasn't shown much better improvement than last year by the end of this year. So that makes me doubtful for the $20k price tag, but if it's only $18K I think it's still very relevant for Bitcoin to move on and get there slowly. Although many people will probably be very happy to see Bitcoin at $20K before the new year.

Bitcoin price movement is relatively playing in the range of $ 16.5K to $ 17K in the last few weeks, the current price movement could be the right momentum if we want to enter the market but it looks like it still takes a little time for us to at least get a few percent profit from the purchase price, I personally also agree that it looks like bitcoin still needs time to be able to return to a price of $ 20K and maybe mid-2023 the market will be more active than this year because in 2022 bitcoin is often hit by negative issues.

I agree with you, bitcoin price won't be able to hit $20k before the end of the year, but the prediction of a more active market in mid-2023 is pretty vague. According to my prediction, our economy will be much worse next year, although interest rates have fallen, the economy is just now starting to absorb interest rates. That means the economy will stagnate more next year, and the war looks more intense, most likely triggering a new energy crisis. 2023 will be more brutal so I don't expect much.

Highest it may go is 50k I think, I am not saying it will reach 50k, maybe it won't or I am not even saying that I am right and it could never go above 50k neither. This is a prediction and my prediction is that after reaching as low as 16k levels, doing a 3x on a low year could be the best thing there could be after 2022 bear run.

We shouldn't expect it to recover within span of a single year, we had a horrible year and it should take multiple years to recover, so 2023 would be start of our recovery and it should do well, don't know how high it could go but should do well but not too much, then in 2024 it will continue to go up and break ATH price with that momentum.

A good start to price recovery can be expected during 2023. But I agree $20K is unlikely to be hit for the rest of the year.
It is also unlikely that the economic problems that you are worried about in the next year will be completely correct even if the war and inflation are not resolved. I can expect better strength next year in bitcoin after this bloody 2022.

I expect a small bullrun in early 2023, that's maybe above $25K to $30k. But I don't know what the best scenario is about that other than knowing that more and more people are starting to become holders.

As long as you have faith in bitcoin, it doesn't matter when it reaches 20k as long as it reaches it, and same goes 30k or 50k or 100k. I believe that it will reach those levels, and it will make me profit quicker than stocks or gold or oil futures whatever else could bring. This means that if I put every dollar I save into bitcoin, that can make me richer and that matters.

Unfortunately we are not all lucky in life and I do not have a lot of money, so I can't invest too much, and I would need at least 2 maybe 3 more cycles to get rich, but I know that it has been doing well enough so far that I am better thanks to it, and maybe it won't be 20k in a week, but I know the future is better than anything else I can invest into.

This is where risk management would take place since not all would really be having that kind of confidence and considerations on the time that they do make out some crypto investment.Bitcoin had been long time
been trusted considering that it had been sitting around +decade on being #1 on overall marketcap which does signifies that there's really a demand.Thing here is that we do know that market cant really be bullish forever or  something that on increasing phase or moment which you should really anticipate and expect that there would really be situations like this.
You cant just forsee it out that it would really be hitting those huge prices or value.Yes, it does have the potential but doesnt mean that it would really be going that way most of the time.
This speculative market does have that lots of or been flooded out by lots of predictions and speculations which it isnt something new.

It's not a small bull run this bear season, if bitcoin hits $30k that means it's 1.7 times its current price, that's a huge gain while we are still in a downtrend. I don't know if there are any surprises driving the bitcoin price as you say, but my prediction is based on my macroeconomic projections, so I don't put too much faith in 2023. I will wait until the economy recovers, I believe that bitcoin will start to rebound.

Yeah, me thinks that maybe, just maybe, we might hit the price around $30k despite being on another bearish year. I thinking that we might achieved it at the end of 2023, after we might hit lower lows, just one leg down before the final push in the last quarter and then in preparation of the bitcoin halving. The speculators are going to be very bullish that time so who knows. It's almost the end of the year, at $16,800 so we should take it as it is.

The $30k prediction by the end of 2023 is much more feasible than the one that will happen later this year or mid-2023. Personally, I also predict that war or economic inflation will have positive signs and will recover from the end of 2023, and in 2024 we will have explosive development steps again. That time also coincides with the halving, so it is very appropriate to expect a bull market and it can be a super cycle because there are strong catalysts like economic growth.

I agree, it's quite reasonable amount to expect to be, it's realistic and it's not fantasy levels neither. I believe that it should not be that much of a trouble if we just go on a short bull run burst, it could possibly happen the way we want it to happen and I am guessing that it's not going to be too tough on anyone neither.

I am pretty sure it's going to be something that is a good level above 20k, because we have been under 20k for a while and everyone wants to see it go above, and not enough people are willing to keep it down, it's obvious from the fact that they can't keep it under 20k financially anymore, so they create chaos and gossip and rumours on media now to keep it under, which won't work for too long.

I would like for this to be the case but at this point it is difficult to know what is going to happen, after all it does not seem as if either Russia or Ukraine are going to back down and the war will continue, and while the economy seems to be more stable than the state it had at the beginning of this year, that is not that much of an accomplishment as it is not as if the problems that caused the current crisis have been resolved, and if anything they have gotten even worse.

Yes, we want this to happen, it's been a long time since we've been under $20k this year, everyone wants to see it go up, everyone wants it to go over $20k to get close to $30k by the end of the year, but I'm skeptical on this , because given that this year is coming to an end, it won't be long before this happens, it's going to be very hard to see Bitcoin Value will reach $20k and above by the end of this year, we all know anything can happen in the market.
It is highly probable that the Bitcoin Value is in the range of $16k and above and not exceeding $20k by the end of this year.

Even exceeding $20k is quite impossible. The market demand ain't changing this Christmas season and as we speculated earlier this year that we surpass $20k, the more it dumps and stays low even closer to $15k. It all just hope to see the market recover but seems too hard in the actual situation. We're dropped almost 75% compared to last year's ATH and showing almost zero recoveries after the 2021 Bullrun a reason why we could say that this year 2022 is a worse year of crypto.
https://www.cnbc.com/2022/12/23/bitcoin-price-calls-in-2022-how-the-market-got-it-wrong.html

Let's not say "impossible" but it does look like that for sure, it looks like we are not going to see any big changes at all. I am fine with that though, there is no reason why we should be expecting a huge change or anything like that, it is fine for it to not have anything major at all because it doesn't really matter.

I believe that the best thing we could do right now is to just expect it to not move but still invest as if it could move anytime and that would be a lot better for everyone involved. That means the sell pressure won't be around and we will be doing a lot better in the long run if it goes up, and if it doesn't we will just a little longer.

In my estimation, the end of 2023 Bitcoin price will be above $25k to $30k. Because this is not a bullrun year, but the Bitcoin pump will continue this year. But conditions like this make us confused in making a decision to buy, because the chart will keep going back and forth between red and green.

There is no doubt that in 2023 the price will recover and I believe it will reach at least $50k, I am happy that I still managed to buy when the price was $18k and if I sell now of course the profit is more than 20%, but I am still confident and planning to buy more again because bitcoin's rise will be unstoppable.

I read an article that said that by the end of this year, bitcoin can reach 100k$ each because there are many people in our time who are interested in investing in bitcoin as a long-term investment.

  I just forgot where I read this, but of course, it's still his speculation, so there's nothing to lose if we believe it, and it's possible for this to happen with bitcoin.

The interest of many people in Bitcoin investment will certainly make the price increase in Bitcoin more obvious in the future, but this will also be affected by the fact that world conditions must be getting better all the time so that there is a little incentive for everyone to invest in Bitcoin. Because if world conditions continue to be chaotic with various things that can affect economic development to be hampered, of course there will be another decline in Bitcoin in the future.

Even if it's just speculation, you should know where you read this so that what you say can be proven more clearly by many people. This kind of speculation is fine, but for $100K in Bitcoin I don't think it will be reached by the end of this year because that is a very big target and is included in the new ATH for Bitcoin.

I do not believe the predictions from those articles, their predictions are no different from ours, and may or may not be correct. They like us, do not have a crystal ball to predict the future. These predictions will be meaningless to us, but it can harm newbies. If newbies trust these predictions too much and they will invest in bitcoin from now on, but if they invest with borrowed money, they will be in trouble in life if bitcoin doesn't hit $100k.

100,000 is too magical a number to overcome quickly. It can be approached gradually and for a long time, breaking through at 2000-5000, then making another dive down... Let's see how it turns out in reality.

For 2023 I'd say the high will probably be in the $35k-$40k range

I think we all have predictions based on technical analysis or bull cycles.  For me, 100k on bitcoins is not a surprise, it is the macro impact that bitcoin power can fully achieve even beyond that.  Of course, I think the possibility of reaching 100,000 by 2025 may be more realistic.  The year 2023 is the process of market restructuring to create momentum for recovery first, creating resilience and finally growth.  My prediction in 2023, bitcoin will close the candle at 30-36k$

Bitcoin is back to the 23,000$ resistance level after the last correction which didn't let btc stay above the 24,000$ line for too long. Now, as soon as btc hits 23,000$ the price instantly drops to 22,700$-22,900$, although bitcoin is still fighting bravely to retrieve the previous position and may sit above the 23,000$ zone in the following days in a very confortable position. Actually, the key point seems to achieve the 24,000$ price range with solidity. Once this happens, confidence and morale among investors may rise considerably, what can make it possible to reach close to the 30,000$ mark.

I don't believe that from what you've read, because this year it is entering a crisis, it is certain that it will be the same as in 2022, maybe it can even go down even more.

agree, $100K will probably happen in 2025 after the 2024 halving ends, not this year.
being able to drop at 30% from the current price is a very good thing and it's already amazing.
the possibility that it will return to the price of 2022 is clearly very possible besides that the crisis will end sooner, and it can be better enough....

These days even prophets ain't giving accurate prophesies as it were in time of old, it's now more of predictions that by chance materialize or may not at all. By the way, speaking of altcoins I wonder why some persons don't learn from the ugly experience's of others about altcoins and their dissipation tactics that has only kept them waiting helplessly  after investing good sum that would have been better of if it was invested in bitcoin. Altcoins is like a facade, a mirage that the more you look the less you see..