Bitcoin Forum

Like the title says, this year 2023, are you bullish or bearish on bitcoin and why? I would love to hear why. I personally believe this is a bear market rally or something similar.  :-* :-* :-* :D :D :D

I think it will neither be bearish nor bullish. It will remain sideways and continue to do that with some gains until the next halving. If you are not aware of when the next halving will happen then it is scheduled to happen next year. I am expecting a good bull run after the halving.

Till 2019 Bitcoin somewhat was following the cycle of 2017 when we saw for the first time a big ATH. After 2019 it did not follow that same cycle but after the last halving it took some months then we saw a big bull run. I am confident we will see the same cycle next year or in 2025. We should be happy that Bitcoin never went down in 2022 or 2023 as it did in 2018.

I believe you should move this topic to speculation since it is not a discussion about BTC in itself, but about speculations on BTC's price.

2023 has started well, last year many events happened such as centralized services collapsing and economic problems which contributed to keep BTC price down. The year just started and it is difficult to predict too far-off, we have to wait and see what events happen this year to know if it will continue in a bullish way or be bearish.

Bullsih or bearish, this is still the best time to accumulate.

It would be busslish and bearish, but in total it would be bullish, this year started with less $20000, but I expect bitcoin to be more than $20000 as next year come.

Bitcoin has remained bullish for years if you follow the charts. Even when we think it is bearish, it is still bullish from the chart since it was created. I hope you understand me. There is no year that bitcoin has clearly been bearish or bullish. There is always a mixture of the both, bearish and bullish. My assessment of it this 2023 is that it will do more of bull than bear, we can feel that already starting in January. I want to see more of price rise in February than what we found in January, and more in the rest of the months this year. That is my position.

I'm constantly bullish on bitcoin, because it's been proved an excellent capital appreciation machine. You just buy it, wait for a minimum of 3 years, and then you start seeing profit. Even a person who bought at the pick of December 2017, and who didn't decide to sell on the 2021 bull run, enjoys profit.

Convince yourself it's a desired asset, and add the fact that it has a steady supply schedule, and you're done. The combination rocks. Find me another asset with such feature.

Maybe when the price of bitcoin plays constantly between 22k$-23k$ until June 2023 it can be said that we are still in a bearish season, but if the price value of Bitcoin goes beyond that then it may be a sign that we are gradually entering the Bullish season. That's why it's better than anyone accumulates bitcoin little by little like I do while it's still early.

  Because let's just remember that the market is volatile, we don't know and no one knows when its price value will increase and decrease in the market.

Bullish till June, then bearish till the next winter.

why

We have seen that bitcoin has had a good rise in the past 2 months and now, it looks like the price of bitcoin wants to break through another $24k. Maybe overall, the bitcoin market is still bearish because the price is still under $30k. However, if we look at the bitcoin price movement, there is a recovery phase that is still ongoing and it is possible that this year, the recovery phase will get stronger ahead of next year's halving. If you have invested in bitcoin in the sense that you only buy and store, you can continue what you have done up to a certain price limit or a certain period. After that, you just have to be patient and wait for the price to penetrate the last ATH price, then you can sell bitcoin to take profit.

2023 is almost exactly like 2019 if you look at the charts. BTC back in 2019 pumped till June (@13k) and then it went down to 4-5k in March 2020.

There's a chance the 2023-2024 winter will be really harsh in Europe (unlike the current mild winter), which could potentially spur a new crisis (akin to COVID/March 2020 meltdown) if LNG reserves are depleted...

Either way, I believe 2023-2024 will be an excellent period for accumulation/DCA (if you're into that). 5-digit BTC is considered cheap. 4-digit BTC is a thing of the past, we'll never see that again.

By 2025 Bitcoin's price will have risen to 6 digits, so I would stop BTC purchases by late 2024 (just before the US elections and FED's new climate-driven QE).

I also think same as you do. Although I expected the first quarter to be bearish but this seems more like a recovery period and not bullish I would have to wait till it crosses over the 25k mark and see maybe it has stability there. The second might follow same trend of the first but I have a feeling that the last quarters will be bearish because the 2024 halving might be hyped then. This year entirely is just to risky to think of selling off ones coins one should accumulate and the best way to do it is a weekly DCA

I think it's pretty clear that we're off to a bullish start if nothing else...  The thing people don't seem to understand about the current global marketplace is that a massive amount of money was just printed.  This isn't normal, well, not to the extent that they did it.  This is going to cause the price of pretty much everything to increase.  Sure, the government is trying to cause a recession to keep prices down and allow them to scoop up assets from out of work Americans to help them get into a position to "help" people in need.  This is what they do.  Don't let go of any of your assets in this coming engineered recession or it will hurt your financial situation the rest of your life...

During QT?

QE stopped a while ago...

Bullish or bearish at this time does not really matter to those of us who are still eager to collect as much Bitcoin as possible before the new ATH comes.
Believe me that everyone who has faith in Bitcoin is still eager to buy before ATH so that wherever the direction of the chart moves is not really something that makes people think about whether this situation is bullish or bearish on the current market situation because in the end what is wanted is profit.

In conclusion, buy and be patient if you want to make a profit. It may take up to 2 or 3 years. 2023 the market is in a good mood.

Too early to know, impossible to determine in the first place. Indeed we saw an increase when this year started which is a good thing, especially after seeing how long the market prices have shown no signs of recovery last year. But I doubt it is enough for a bullish run. What's expected is for bullish trend to occur in 2024 because of the anticipated Bitcoin halving and assumptions are based from the past. But since this year started with green marks, I think there are chances for atleast half of ATH prices to be reached if things would be somehow consistent. Let us just hope that there'll be no correction to happen as this year goes by, in order for this industry to not struggle that much before this year end.

The ongoing price recovery at the start of 2023 is a good start before heading into a true bull run. Because the recovery that still looks a little unable to conclude whether it is bullish or not at this time or for this year. From the improvements I've seen over the past month, I consider this a very normal thing to happen and I don't consider it to be bullish because it's too early to assume that at the start of this year. So all this time I've been waiting for a real bullish and even bigger increase from the one that's been happening over the last month

Even though it is currently a recovery period, we have seen progress from bitcoin, which can increase in price so this is a good phase for bitcoin. Well, maybe we still see market conditions like this for a while. And even though the market has crossed the $25k barrier, we still have to be patient as the current dips are deep and it will take time to get around the last ATH price. But as long as you don't sell your bitcoins at a low price but hold them and try to do weekly or monthly DCA, I think you can see a bullish process coming soon. This year is still a mystery because we don't know how bitcoin will move.

It's because of Covid-19 that time, the first time it was reported to the world or at least the lockdown for most countries started around that time frame and so the effect on us is huge.

I think that's two different scenario, Covid is global while it might be hard weather in Europe because of snow, I don't think it will have a drastic effect on the other part of the globe.

Still a lot of time for us to accumulate and buy through DCA and any other strategy that fits our goal.

6 digits might just be a conservative estimates, there are predictions to $200k or more, but just like the rest of predictions, it's just wild and educated guess (with the help of TA).

If this is 2019 most would say is it's still bullish despite of the price difference but it's different now from the past. So, I would say, it's kind of in the middle, not bearish yet not bullish enough but it's a fair price for accumulation or selling to make profit. If your only goal is to hodl for a long time then this is quite bearish and it should be your accumulation phase rather than selling period.

If Bitcoin would touch $30k I might consider it bullish but that's quite far from the truth to happen yet maybe in 2024 or 2025 but that time will be the halving and the next bull run trigger point.

I'm always bullish on bitcoin regardless of what is happening to the price because I see the long term charts not the short term. Imagine you could buy bitcoin at $400 right now, would you not be bullish on it. $400 was the price I started with and it got dumped all the way down to $150 but nobody cares about that now that price is $20000.

As for short term (yearly trend) we have a lot of positive signals that could turn this into a the big bull market that we are very familiar with so the hopes are up. But we also have negative signals same as 2022 but the difference is that they are not new (recession, etc. that has been going on for a year now). So they may not be such big deals.

I'm still skeptical that we'll see a bull run this year. Sure, the price went up and that's a good sign, but there hasn't been a bull run before a halving, I think, if I remember correctly. I hope 2023 will be better than 2022, but that shouldn't be too difficult to achieve either. Therefore, I say I am not bullish or bearish, but I am positive about the price development.  ;)

Do you think new low (lower than the ftx) of btc will be hit before the next bull run ?

That's hard to predict. If we don't get another wave of bad news, I assume that we won't see such a low again this year or before the next bull run. But with the year still long, surely no one can predict what will really happen. But as already written, I'm assuming a good year in terms of price.  :)

Thanks for help, I will keep watching price :D

people often see that now they are still in a bearish phase, but for me in Q1 2023 this is considered bullish, we can see that the increase that has occurred in bitcoin and Alltcoin in the market is enough to give those who buy at -$17k. Far from my hope that bitcoin will be bullish this year, the biggest possibility is a sideway with high volatility, in my opinion, that is more logical, because we don't have indicators that are really bullish in bitcoin or to change market sentiment, it seems that yes, bitcoin will go sideways with enough time long.

We got off to a good start this year.  bitcoin rallied around 39% in January, which is a huge impetus for the market to recover.  However, I personally don't expect much on the short-term price structure.  Most of us are waiting for a prominent signal in 2024 and it's a big sign for the upside based on bitcoin's history of cyclical booms.  Therefore, I think bitcoin's trend will be to build and consolidate its No. 1 position and break its bear market bearish structure this year. Yes, 2023 - will be the recovery direction - increasing direction compared to the previous year.

Hard to tell but basing up on the entrance we do have on this year on which the price at least make out some increase although it is really just that small or above 20k which it do matter the most.
For now its better to make yourself that versatile or easily could cope up on what are the things that you could possibly face on. Bearish,Bullish and sideways movement on where the common condition
you would be facing on on the time you had decided yourself to step your foot into this market.It is really hard to tell on what would be the things that will happen on  this year.
No one could predict on what the future looks like.

Are you still deliberating either to wait and watch the market more time or whether to buy now?
From all technical analysis bitcoin has been on bull trend except those who bought during the ATH could likely sees as bear due to poor technical analysis before jumping into the market.
So to be at the safer side use this medium to hold any volume of bitcoin you think will be good for you to hold as bitcoin halving is around the corner, which I strongly believe we may see another ATH.

What is happening is a rally after a long bearish streak rather than a sign of an uptrend. I still believe we are still in a bear season even though bitcoin is up 40% in just the first month of this year. I guess this year will be a year of bitcoin recovery to prepare for the bull season in 2024. We already have the bottom for this bearish season, we won't be able to fall any deeper this year.

the answer to this question is definitely that is not certain. This year, the market can be bullish, or bearish. Even though the start of the year has been good for bitcoin, we don't know what news we will get next. if we get good news for the crypto world, a price recovery will quickly occur, and maybe have the potential to be bullish. Meanwhile, if negative information comes for crypto, it will be bearish.

Personally, I think we're going to be in a bullish and bearish phase, whereby the price of bitcoin may recover but won't be so high price in this year. however, this is a wild thought that exists in my mind that has no basis in anything. If referring to the recent speculation from Cointelegraph (https://cointelegraph.com/news/price-analysis-2-3-btc-eth-bnb-xrp-ada-doge-matic-dot-ltc-avax), they think that in the near future, the highest potential of bitcoin can reach $ 25k even though it is very difficult. Meanwhile, the first sign of a fall in the bitcoin price is in the $22k range, and that could trigger further declines.

Oh, I didn't know that we are up by 40% in January, if that is the case that is a huge jump already in the middle of the bear market. But too early to say that we are bullish, or what bullish means to us (a massive growth and it only happens after the block halving).

And with that we are still very far from the block halving, so this is just a uptrend as you have said after a long bearish trend or just a recovery from the FTX fiasco that we have witnessed last November.

Yes, unfortunately my opinion probably doesn't help much either. We can't do more than watch the price and hope for a good year. Unfortunately, this is usually the case, as the market often reacts unpredictably.  ;)

If we see from the start of the year, then Bitcoins are more than 35% up. If you still consider it as a bear market rally, then my friend you are going to regret on this very soon. If Bitcoins continue this pace, then definitely in March we can expect Bitcoins at 35-40k usd range. Also if we see the previous 4 year charts, then this year it is meant for Bitcoins to go up in price, and Bitcoins have always followed the same pattern/graphs. So yes according to me, we are in the early phase of the bullish market. Now let’s hope for the best.

I'd say, we'll be in sideways or accumulation phase so nothing major break on resistances I guess. The overall sentiment is on a bear market rally and likely a dead cat bounce but we may never know since there are lot of factors to consider here. I'm not bearish nor bullish, I'm sticking you know rather than timing the market.

That's the point that if you are looking in long term perspective then you will gain profits out of it but with these small pumps people keep asking that whether bull run has started? So the answer is its yet to come and we can't say bull market is there till we see really some big pumps and huge cash inflows in the form of investment or the other group is waiting for it to go down to invest and make profits but if you invest at $20k and hold it for say 5 years and prices are now $60k not going too high being conventional so you made $40k just holding so this is why we are bullish on it being long term players.

As you have said that prices also went to $150 so if you have also panicked and sell at that moment then would you have gained so much? But you understand why the prices will rise and know about the bitcoin working and it's utility, demand and deflationary nature against the worthless fiat having faith in it.

Bitcoin has risen more than 42% compared to the closing price in 2022, this is a strong signal that bitcoin will be a bull run in 2023, the same thing happened in 2021 when the beginning of the year the price skyrocketed by more than 25% and continues to skyrocket to create new ATH in the price is $69k, now let's think positively and take action by buying more.

If you want to buy, maybe 2022 is the best time, not now. Bitcoin is up 42%, but no one is sure if this is a sign of a bull run or maybe just a small bull run during the bear season. If you are a long-term investor, you can buy whenever you have money, no need to wait for signs of recovery to start buying. And if you are a trader, now is not a good time to buy.

Noting that if we're posting here in this forum, in general, we're bullish for the long term -- yes, all of us. Bearish people would probably stick to speculating and shorting -- or exit and liquidate, including on this forum... I'm probably more bearish in 2023. Not because I've lost hope for the future (2017/19/20 massive crashes did nothing to dent me!) but because I think we're in for quite a lot more than anyone expects in terms of the global economy.

It seems far away and distant, but we've already experienced Covid impacts. We've yet to experience a deep, deep global depression.

It's just a matter of time before you are determined to be what type of HODLer.

• Paper Hands
• Diamond Hands

That would determine quickly if you will be bullish or bearish about crypto. It will be a bullish year, or maybe the following years.

I am bullish until May 2023. The end of spring and summer traditionally brings negative news. So personally, I will be very cautious with trading strategies starting in mid-April 2023. And what will happen in the fall of 2023, it is hard to say.

I am always bullish on Bitcoin no matter if it is a bearish or a bullish market.  I am looking at Bitcoin in a long term and not just a month or a year or even a 4-year cycle.  I am looking at the future of Bitcoin 10 to 20 years from now and I believe Bitcoin will not disappoint those who are looking forward to its great market achievements.

If you are asking about the trend of 2023, I am still thinking that the year 2023 is the year of transitioning so we can possibly see some ups and downs and even a long sideway movement of the Bitcoin market.  I believe the true bull run will happen on 2024.

If this is the case, I guess it would be good to wait until after may for the big potential downtrend.  I get my paychecks near June so it would be good for me.

Maybe to you it doesn't really matter but for some a bear or a bull can matter a lot. Some of us wants a bear because they want to buy more coins at cheaper. Usually, they are the ones who have a lesser budget for those guys with bigger pockets, they can just do a DCA at a certain time. Some of us also wants a bullish market this year so that they can sell some for profits as they will be needing a money this year.

Those who came in recently are lucky because their waiting time for the bull run are going to be cut off. Usually, we can wait 2 or 3 years for it to come but now it's expected to come in 2024 and of course that won't be possible if not because of the halving event.

If you look at the title that you made, then I can conclude that you have confidence that bitcoin in 2023 will be bullish, because there is an affirmation regarding the conclusion of the year that you made, the recovery process that took place this year with a difference last year?

First I want to say this, without bullish happening this year you have to start buying and saving bitcoin, because as is the correlation between the four years and the process of achieving the next ATH. If you can count the previous four years running, it means that next year is on the way to ATH and this is the reason you should buy and hold bitcoins any time, even in bearish conditions.

Secondly I would like to say about maintaining value, bitcoin is the best asset today and has been concluded with evidence as an asset capable of maintaining value, even in times of economic turmoil caused by recession and inflation in relation to the previous four year cycle.

There is no need for reasons for people who already understand the concept of bitcoin, but most importantly they understand the risks and fluctuations in prices, the rest of the decisions can be made based on individual knowledge.

We are still in the bear market despite the few moves in the past weeks from 17k to 23k this 2023,  although I am looking forward for a bullish market to upturned but that won't just happened immediately it could be towards the end of 2023, right now we can observe some price consolidate for tew days now between 21k-23k which it's possible it could drop down for a retest before rising a bit more to around 30k at most by the half of the year 2023.
The bull is close but not just yet insight.

I'm bullish. The recent breakout was a show of strength by bitcoin. IMO we are past the worst point of the bear market and the bear market should've ended above 20k. It would've happened if not for the Scam Bankster Fraud and his scheme which was a black swan event a bit like the covid crash of 2020.
We may go sideways from here, we may go up, it doesn't matter because I'm not a short-term investor. What I'm sure is that we're only a year from the halving and the closer we get the more confidence we'll see in bitcoin investors. I expect us to stay above 20k from here and eventually move towards 30k later this year.

It could be said that the beginning of the year determines whether the market will be bull or bear, this often happens because bitcoin trends are usually easy to predict, and at the beginning of the year the market has gone up by more than 40% and makes us reasonable to believe that this year the market will rise, even me sure the market in 2023 can approach the ATH that has happened in 2021.

Today the bitcoin price has experienced a slight correction again, bringing the price down to the $21.8k area after successfully reaching a high of $24k earlier this month, given the current market conditions it will be very difficult to determine whether this is the start of a bull market or a sign of a bear market. will continue because if the recent correction takes bitcoin price past $20k we will likely see further declines through the end of the month as $20k is the strongest area of ​​support for bitcoin there is no sure way to tell where the market is going and sometimes trend action past prices do not repeat themselves in the future.

Predicting market trend with certainty based on technical indicators is a challenging task as it involves science of probability. However generally if Bitcoin is trading above its 200 days simple moving average , currently at 19,700, is considered as bullish trend but it should not be seen in isolation and should be confirmed with multiple indicators. Additionally, current low trading volumes indicate that investors are sitting on side lines and waiting for any good news to take entry.

I think overall  crypto market is likely to perform better in 2023, as money tightening policy of FED will not be so harsh as it was in previous year.

I agree with you, I also think the bitcoin bull run will last until the end of March or April, that means we still have 1 or 2 bullish waves like what happened in January. I predict bitcoin will probably hit $35k-$40k in the next 2 rallies before bitcoin corrects sharply again. So bitcoin is correcting, I see it as an opportunity rather than panic, if bitcoin can drop to $20k and then rise again, those who know how to hold this is the next big opportunity to make a profit this year.

Bitcoin trends are not so easy to predict, because if you can easily predict Bitcoin trends, it will be easier for you to get rich through the crypto space. Mainly through Bitcoin, but you won't even know when Bitcoin will fall back or increase again in the future and this indicates that the Bitcoin trend is not easy for anyone to predict.

The increase in the Bitcoin price that you saw at the beginning of this year is a very reasonable thing and is still very small when measured by the ATH that Bitcoin has achieved in 2021. So it looks like it will be a little hard for Bitcoin to increase close to ATH this year

This year I am still bullish on bitcoin, even though the price is currently at the lowest level. But if it's time for bitcoin to start rising again, the price will surely gain a rally and start increasing like before.

After the bitcoin price dropped to $15k yesterday, I feel that it's time for the bitcoin price to increase and even if it's not that significant, it's okay because bitcoin still has time to get rally. Well, maybe it's still bearish at the moment as the price hasn't been able to go higher above $30k but it will happen soon. We have to wait for the moment to come, enjoy the process, prepare ourselves, and finally, we can see the price increase and sell bitcoin at that high price.

More of a sideways. :)

If the 4-year cycle will happen again, 2023 might be the same as 2019. Back in 2019, Bitcoin went down to as low as $3400, but recovered to as high as $10,000. Now 2023, Bitcoin already recovered from $17,000 to as high as $24,000. I will still stick to my prediction last year that Bitcoin will move sideways to a price range of $17,000-$25,000.

I believe that this year is still a good year for long term holders like me to accumulate more Bitcoins for the upcoming bull run. Still, anything can happen with the market. We might see Bitcoin go higher than $25,000 and stay there for a long time, but there is also a chance that it might go lower than $17,000, and stay there for a long time. What's good is that, 2023 will be a better year than 2022 with regards to the markets...or is it? :D

 :D :D :D

Traditionally the market has shown some bullish sighs on the lead up to the halving.
See the chart from this article from >
https://dailyhodl.com/2022/10/31/crypto-analyst-says-bitcoin-could-triple-in-price-to-63000-before-next-btc-halving/

we can see the market rises ^overall in the year before the 1st and 2nd halving. The
last halving shows overall sideways movement of the market with some volatility, I recon this year
will be the same but overal Bullish.

https://dailyhodl.com/wp-content/uploads/2022/10/Screenshot-2022-10-30-at-23.36.03.png?resize=1024,570

Every cycle brings a new set of market challenges, this year its War and Inflation which will play their
part in the lead up to the halving of next year.

Me? I'm always Bullish.

This question can be answered base on the market stage monthly, because right now we can't come to conclusion that the market is on bearish neither bullish due to the regulations of the market, i will classified the market as spherical kind of shape in market or baseless kind of market system. So i believe that the market have no base for no and it's in between bearish and little regained of increment from my point of view.

Depends on what you mean by bullish , some people ask if we are in bull run, and mean that just like what happened in the previous ones, will we go up insanely high, like 100k+ or something. If you mean that, we may not be in that yet, it could be some time before we could see 100k and this may not be the one.

However, if you mean bull run as in "will we continue to go up" then in that case I would say it's true, I don't know how much higher we will go, but I know that we are in a good situation right now and will continue to go up. That is why it's so important and that is why it's really a good thing that we are in a bull period, all the times we bought when it was done will come back as profit now.

Bullish of this period never be noted or something someone can be boast of, when bullish come it affects any other cryptocurrency and every other coin will be with green, so right now i will say that we are just experiencing the light of bullish, besides the market is not moving positively since it started to experiencing a little uplift.

This year is bullish because we dont reach the negative conclusion many had feared while selling.   Alot of people who might have sold in the 20k prices may have watched BTC go into the teens and carried on waiting for it to go lower.   To prove the most negative outcomes incorrect is sometimes bullish in of itself.   
   Even if we end this year not more then 5k further in price then where we are now, holding your ground finding a foothold is a position of strength and growth to climb in future.  Hence I do label even sideways in effect a bullish kind of revision and consolidation, partly because I've seen it before and I try not to repeat mistakes and misapprehension.

The first thing is, of course we must know from what price we determine bullish or bearish, if we take the price position at the beginning of the year, of course there has been an increase of more than 30%, and if we pay attention to the trend that occurred in February then it was seen that the price was difficult to rise, me sure if the price of February can touch $ 30k then this year the market will be bullish, it might be able to make a new ath again.

First of all, whether you admit it or not, most people think that the first month of 2023 is entering the bull season because of the gradual increase in the value of Bitcoin, but it didn't even reach 25k$ each.

    A lot of people fell for this event, and others even thought that it was just a bull trap, and those who bought bitcoin around 18k$ won again and those who owned the trading selling profited again when it reached 24k$ something.

Now, that it has dropped again by 21k$ or even lower, obviously we are still in the bearish season, we are not really in the bull season yet.

If you currently think that Bitcoin is bearish in this market, it might be. But the Bitcoin market is much more bullish in 2023 than in 2022. And if you are thinking of holding for a long time in this market then your investment will be right. But the Bitcoin market is kind of bearish when it comes to the position it is in right now. But I believe that the Bitcoin market will go ahead like a bull run in 2024.

The start of 2023 was like a bull run. After 2022 was the end of Bitcoin's bloody year, in early 2023 the Bitcoin market started to rise. Investors saw gains from the bearish market in early 2023  But we see the market heading towards dumping again  So it is not possible to say which direction the market will go. But based on the current market conditions we can say that we are immersed in a bearish market. But we will wait and very soon we will reach the bull market.

The title says 2023, so yes we begin on January. It's clear that these early two months of this year are still bullish for BTC because we haven't dropped yet below our starting point which was $17k. Maybe what we currently see can carry a big load to the next month or two but the rest of it are still going to be unpredictable.

There is still a possibility that we can end this 2023 with a bearish market but everyone seems sure that the next year is going to be a better year for Bitcoin and the rest of the coins. For now I don't think we can hit $30k this February because even $25k seems difficult but it's going to be a big achievement for BTC once we hit those numbers this year.

That's because the price hasn't gone up so high right now that we say that bitcoin is bearish. But if we look at the movement of the bitcoin price, maybe we can see that the bitcoin price has managed to rise from its lowest price and is currently trying to get a price reversal moment. And this gives us more opportunities to invest in bitcoins while the price hasn't increased, and we can buy more. Many people hope that the bitcoin price can stabilize below $30k so they can buy bitcoin again. I believe that bitcoin will get another big rally to reach the next ATH.

If we pay attention to the trends that have occurred until now then we are sure that 2023 can be bullish, today the price has risen by more than 10% and away from $ 20k, maybe tomorrow the price can touch $ 25k and will continue to rise because many will panic immediately buy, even reasonable if this year the price can make new ATH at $ 70k level.

I reckon we won't hit 70k before Dec 2024/Jan 2025 at the earliest. So we still have around 2 years for accumulation.

Remember when the previous ATH was broken? It was Dec 2020.

I mean, 2022 ended with a 67% damage, and that's right after a bull run, how more bearish can this go? Sure, we might end this year at a lower price, but I don't expect to have tremendous losses. Two to three years of accumulation is what's going to happen. Then, the bulls will enter as always.

Aaand, $25k (https://bitcointalk.org/index.php?topic=178336.msg61769941#msg61769941)!  :)

It's still too far away for a new ATH level of $70K, and it's likely that Bitcoin will still need some time over the next year to get a new ATH at that level. Because now Bitcoin has not yet reached half of the ATH price, so there is still a lot of time needed for Bitcoin to achieve this and I don't think that it will be achieved easily this year.

But the increase that is happening now can at least make everyone's enthusiasm and trust continue to increase for Bitcoin and this is very optimistic if it can continue in Bitcoin in every month of this year. Other than that, this upgrade is a win for those who are still holding Bitcoin and bought Bitcoin at $16K in the last year.

There will be a lot of swings this year. But generally, I am bullish on bitcoin. We may reach $45k this year but I am not too confident that it will also hold that long since in the past it is always the year of the halving and its next year. So this year will be better than the last year which was the year of the correction. This year is an accumulation and of course, some traders might dump their holdings if a big upward swing happens and then buy back when it is down again. One thing I am confident about is we aren't going to see that $15k bitcoin price again this year.  

Bitcoin is starting to show some bullish signs, having suddenly surged today and almost reaching the $25k mark. This is great news for the market, as it may convince the doubters to come back. The market has been bearish for a while now, but I believe that a bullish market will come as a surprise once again. Achieving a new all-time high is not an easy feat, but a bullish market can make it happen sooner.

Good times are ahead, so brace yourselves, guys. This may be the moment we've all been waiting for.

I don't think small price movements like this causes FOMO and makes people to rush in to buy Bitcoin, no, imo it doesn't. People start to FOMO and rush to buy Bitcoin when the bull run starts in earnest and the price is absolutely racing, that is when they think about the profits/ROI they can make/accrue if the upward trend continues, and they start to buy out of FOMO; but you see fairly stable price movements like this, it is only those who well and truly understand how Bitcoin works that would take advantage of it.
If the moment is an upward trend until the next ATH, then i would say we are pretty far from that moment at this time as the halving would have to happen before that.

If this month continues to be very bullish, then we can say that it's 2/12 for now. And so we still have a lot of months to look for, whether the trend will continue or there will be another downtrend trend or at least sideways in the next quarter.


I think we should wait though, I mean if we are looking for a bullish and new all time high then it is still very far. As the bitcoin halving will have to happen around May of next year because we can see good times. Again new all time high of most likely 6 digits are waiting for us all.

Bullish right now, good reaction to Fib level and strong above 12hr average for some time now which makes it very strong action sustaining with only a quick pullback so far.
https://talkimg.com/images/2023/06/12/AENXw.png

Negatives or negative action downwards to oppose price right now is the 50 week and 200 week moving average almost exactly in this area.  If BTC price action can build above 24.5k then 30k as a target is quite probable, we dont always get to say 25% gain is possible near term so thats bullish for sure.

A cynic would say we must pullback harder, to confirm the break of negative trend of 2022 but when or if is not definite imo.

Bitcoin price shows a good direction at this early year if this movement continues we can finally say where in bullish mode, however we can’t still deny the fact that there are economic problems happening in different countries, war, inflation as well losses of job so we can’t guarantee if the price increase in bitcoin will continue so we will need to monitor it closely and see for ourselves if we have some holdings if we can trade it or still hold on to it till the market fully recover.

Not many people understand that anything good looking is still a benefit for all of us and doesn't need to break ATH price.

Like for example we were under 20k price for a few months, now we are over 25k price and that is good enough, that is something we should be happy about, I understand that it went up and stopped which made some people upset because they wanted to see it keep going higher and higher, but the reality is that we shouldn't be really worried about it and we should be focusing on a lot more towards just the happy thoughts about what has happened already and that should be more than enough, I know it doesn't sound like a great deal and all, but it is a great one and I think we should all be happy about it.

Bitcoin just broke out a bit above $25k resistance level, and it really a good sign and this will be regard as a very healthy movement for the entire crypto market because this pull back exactly touched the ATH resistance line and FTX collapse level that recently just got smashed, which is now acting as a support zone. This could now be seen as a break out confirmation if we get a daily candle closure above $25k and if the market is able to hold that level, Then base on technical point of view , $30k should be our next level of residence to watch.

Recognizing how the movements are these days is really there. But I don't want to be confident that this is what we really want. I know that we are for recovery but I think it's just something else when we think about the good times.
There's more to it but yeah, this might be the start of it and hopefully, it goes to the point that until the next halving, we're seeing an increase little by little as sign of the market's bullishness.

We are happy to see that bitcoin's current movement will be positive which is where the market trend is happening although we don't really expect anything more when bitcoin has broken through the $25k level but it is hopeful that the bullishness will really start from now on as a sign of an increase now so there is hope that bitcoin will keep moving again.

When the bitcoin was $25k we were of course happy but would not sell any bitcoin holdings that have been built up, just pleased that the market has started to fluctuate in the next few days and when hope comes we are prepared for it.

We'll see the next target guys.

I don't really expect to be bullish, but I do expect a fairly deep recovery after a correction over the course of 2022. January 2023 to date, bitcoin price has been pretty good at finding a recovery as today we have broken through $25K for the first time since $15K was touched. This is a great moment for us to experience, and a recovery like this was to be expected.

Some people think that the bullishness has been confirmed, so it is time to see how the value of the investment portfolio gets better. Unfortunately $25K didn't last long, and now it's priced between $24.5K - $24.7K. I expect price to close above $24.5K today and that to support more movement in the next day.

There's a high expectation by many traders to experience a bull run by the end of 2023 or at most 2024 and this has strengthen their resolute to keep on the HODL much longer but what I have not come to comprehension with is what's the rationale behind this strong believe by many traders that 2024 is gonna be a big bull year. Cause the expectation was same about 2023 while we were just entering into the year 2022.

IMHO, any price increase that might come won't satisfy us in selling. We want more of the market and the price of bitcoin should be back to at least more than $30k before someone finally sells which is likely half or near 50% from the last ATH.
It all depends on how we look at the market but the majority of us will just need to be more patient until we finally see a better and higher price. All of the movements now are good really perhaps, those that were satisfied when it touched $25k have sold.

Maybe most traders just believe that after the big decline in 2022, the next year there will be a bigger increase and it starts from this year. I've also seen Bitcoin pass over $25K even though it immediately corrected again, but that's good enough for those who still hold Bitcoin and still believe in the next upswing in Bitcoin. Although this expectation is still not necessarily true because price drops can still occur in Bitcoin.

The opportunity to cross the $24K price has already happened because the $25K price has already been touched. We can say that the price that is currently being traded is a very supportive price to touch the price above $25K again. Nonetheless, we dare not speculate that it will reach a new ATH this year given that the sales ratio is still high. In my opinion, the high sales ratio is one of the initial assumptions behind the price drop from $25K to $23K.

The good news and fact is that this week the price has risen by more than 13%, of course this makes us optimistic that 2023 will be bullish, if we observe in 2021 then the beginning of the year has also increased significantly, and prices have continued to skyrocket until the end of the year reaching almost $ 70k, unfortunately in 2022 there are many scam cases that create panic in the market, and when the price is at the bottom then the next year or now will be bullish again.

A price of $25K has already been touched by Bitcoin this month, but if you think Bitcoin is going to make a new ATH this year at $70K, it seems a bit tough to materialize this year on Bitcoin. Because it's not always possible for people to panic buy continuously throughout the year, after all I still firmly believe that some people bought Bitcoin at $20K earlier this year. Some of these people will definitely sell it when they see the Bitcoin price is at $40K or at $50K to take profits that are already so good before their eyes and maybe they will no longer remember the ATH that Bitcoin has achieved.

Increasing the price of Bitcoin in the market is always colored by corrections, because Bitcoin is always traded by many people in the market where traders really like corrections and increases because they will always hope to offset the profits they can get every month. And I personally also can't overly speculate on new ATH on Bitcoin as the distance from $25K to $70K as @19Nov16 said still looks like a long way for Bitcoin to go this year.

It's not even a big correction after Bitcoin hit $25K yesterday. In a local discussion I said that the drop in Bitcoin price from $25K to the current price could be due to the high sell-off ratio. It is possible that traders placed sell orders at $25K considering they probably bought at $18K to $20K.

They (traders) must like the situation of Bitcoin prices in a corrected state because it can be used to buy back in larger quantities. Not only big investors, but personally I also want the same thing for long-term investment.

Regarding the new ATH, I also wouldn't say it will happen this year.

why not make this thread as POLL ? since you are asking completely either BULL or BEar 2023?
and you said it will be bear , but week after your post here? bitcoin price reacted to 24k and near 25k lol.
and also I may not believe that there will be ATH but I think we can call this as Bull market shorter than 2021.
actually this also happened early February mate that the price of bitcoin raises double digit .

There is definitely a lot of people who always think that bitcoin will be a bear market. It's either not really knowing much about the markets and the history of bitcoin which is why they are this wrong, or it is about the fact that they do not really know what bear or bull means and they just think we are in the bear market even right now just because price is low, when in fact bear market just means crashing and we haven't been crashing for a while.

We are already not in bear, and we are getting into the bull as well and that should be the key lesson to people who still think that we are doing terribly, we are not, it doesn't have to recover it all, just a bit up means it's all good.

A bear market doesn't mean there isn't an upside in bitcoin it's just that the price action is sad to watch, days may turn red in a market moving at stagnate prices and below the long-term average price meanwhile and fairly low capitalization.
bull and bear is just a naming term and everyone can have an opinion and express it regarding the wrong or right prediction, that is a natural thing because until today no one can predict the market correctly.

Maybe in 2023 we will slowly crawl for price improvement and return to the next bull run phase.

The next bull run phase should happen right after the block halving, and so this year, unlikely to see the price going to be very positive although there could be some bullish run just like last month wherein we bounce to a 40% increased.

So the best approach is to just be calm I guess and maybe buy bitcoin as we go this bear market.

Remember as I have said, bull run is right after the block halving, so it's better to save now than later.

At start of the recent year the market was bullish but now its faces slight dump so here no one have any experience about the bullish and bearish because its suddenly changes so the price of BTC is closely related to the price of market. 2023 is the year in which there will sometime a condition in which you will see that the market is bullish but after sometime the situations will be different and there will be slight dump in all coins prices.

In the end of the year what will happen is totally unpredictable so we can just estimated but don't know that what will be the future of selected coin. We all have thoughts and according to the current market price i think that very soon BTC will bullish.

Observing Bitcoin's journey in previous years stated that this should have been a bullish year, the changing chart from the beginning of the year gives a sign that Bitcoin's increase will recover this year, it's just that we can't predict accurately, experience in following Bitcoin's journey can only predict according to the graph from year to year, the rest we will see the truth at the end of this year.

I don't know where you get that data, but this year, if we assumed the previous pattern, is that we are still in the bear market. And even if we see some signs of bullishness already like a huge pump in January, still though it's not enough to say that the pattern has been broken.

So don't be excited to see this kind of price increase, we are still in March and many things can happen.

The most important thing is that we should accumulate as much as we can and prepare to hold because the block halving is just around the corner.

Just arguing with the history of Bitcoin doesn't take into account that there are things going on in the world which nobody could ever predict. We can't know whether in a couple of months from now something will happen that will shake the whole world drastically. Markets will still be there and they will also recover, but asking for a tendency in a specific year is difficult.

Long-term I would say that Bitcoin might even be a safer bet than many other things. Companies can suffer depending on the type of the crisis. Perhaps some go even bankrupt. Bitcoin as a decentralized system for wealth storage won't disappear ever unless the whole planet gets nuked, but then your Bitcoin don't matter anymore anyway... :P

   -   If we look at the Bitcoin Halving countdown, it's still quite a long time because it will happen in the middle of next year. So it is still obvious from what is happening now that we are still in the bear market season.

The only thing crypto traders can do is day trading or scalping and holdings for long terms. Whatever is happening now in the market we do not know although from time to time the value of Bitcoin decreases and increases, but right now it dropped below 22k an hour ago.

I believe in history and history will repeat itself, which means 2023 will still be a bear year. But this year will be like 2019, bitcoin will have short-term bull runs like what happened in the first 2 months of the year. And 2023 could be the last year for those who have not bought bitcoin or want to accumulate more bitcoin should take advantage.

Considering this year as a year of opportunities to buy and collect more Bitcoins, I think that's more appropriate. But if this year is considered to be the same as 2019, it seems I disagree a little because history doesn't always repeat itself as we want and it can be the same as the year that everyone has passed. Because Bitcoin is an unstable currency and its price is difficult to predict, even though it is a good asset to buy and invest.

If you are talking about the best time to buy bitcoin during this bear season, it might be last year, but investing this year is not too late, as long as the bitcoin price is below the ATH price, it is always a good investment. 2023 will be the last chance for those who have not had the opportunity to buy bitcoin cheaply.

Do you believe in history repeating itself? I believe history will repeat itself, but each time will have different events or circumstances, history will still repeat itself but will be a little different from the past.

I think it's clear that we started bullish, but it all depends on that 25k level. If we can break above that level, then we are going to end up with a good return, if we can't break above it then we are going to end up with a bear run probably, or even if it is not a bear run at least a stagnant one where the whole year it will be between a little lower than 20k (above 18k I assume) and under 25k and keep going up and down.

Since I do not believe that bitcoin could stay that stable for a whole year, I support the idea that it will go above 25k without a doubt, but there is no proof of this so I can't guarantee that to anyone at all and advice anyone.

Bitcoin could pass the 25k level easily but we need time to wait, the market will form a strong wall above $20k before the next recovery high, I am optimistic in Q2 bitcoin will be higher above $25k based on the assessment of the high recovery over the course of the year, so there is no doubt when bitcoin will reach halving, bullish will come soon and when bitcoin's rise can't be stopped.

In February there was a time when bitcoin crossed $25k but it couldn't stay there and fell after that. Bitcoin hitting $25k this year or in the future is certain. But in the short term, like this month, I am skeptical though I still expect bitcoin to break 25k to conquer higher highs. I predict that since we're not out of bear season yet, there will be some intense shaking this year, which is not surprising, and we should be prepared for those as well.

Since January of course we are optimistic that in 2023 the market will be bullish, until now the price has not dropped below $ 20k and made me dare to set a target that 2023 will rise again, small tests and tests that are happening at this time are normal and in my opinion they are a good opportunity to buy more before the price goes up.

I am 'bullish" and I think it’s very likely that BTC will continue to rise until the end of the year. On the other hand, I suspect we’re not going to see the price back up to normal levels until the global economy picks back up.

For rest of 2023, I think we’re going to see small incremental gains and possibly some more dips. It will take some time until we see the institutional, governmental and retail traders getting back in and driving the price up. Right now with the state of the global economy we just have to be patient and hold long.

Now the Bitcoin price is starting to move in place and sideways with no bounce up, but I also still believe that Bitcoin will bounce back up this month as long as more buyers are willing to use the $22K+ price as their buying price. And besides being able to take advantage of the current conditions to buy more Bitcoin, I will also try to keep holding it until a higher price is seen in the market for Bitcoin, because the market is not yet in a bullish state.

I believe we are still not in a bull run, even if bitcoin crosses $25k, there is no guarantee that it will continue to run up one circuit without a correction afterward. In view of the fact that we are still a long way from the halving, I can sure say that bear season has not yet ended. This year is still the right year to accumulate bitcoin and is the last chance to own cheap bitcoin. Once the halving comes, we won't have a chance to see 2x bitcoin again.

Well, one thing I believe in investment is that at any price one can still easily buy Bitcoin so long as the money is available to do so, I agree with you on the urgency of time for us to accumulate more Bitcoin at the current price,  and also we may unlikely see a $20k bitcoin price.

-The bitcoin halving will certainly change the cause of things,  but the Bitcoin market volatility will continue after the halving so as we are expecting a 2x BTC price, we should also prepare for the likelihood of a -2 BTC price too.

This year will be a combination of both bears and bulls. Probably no clear winner since this year is accumulating period for the next year's bitcoin halving. I can see bitcoin reaching a minimum price of $35k this year but I am not sure if it can stay at that price by the year's end as we may be able to touch $19k too. I just expect a lot of swings this year but generally, I will give a slight edge to the bulls considering that this year will be way better than last year. Personally, I am also undecided if I start accumulating altcoins this year or early next year.  

Given the historical signals, I would guess that in 2023 we will have a market reset phase, with slight corrections and increasing volatility.  As can be seen, January and February are the basis for believing that.  Meanwhile, the 2024 halving will see many institutions closely watch bitcoin.  Although the economic risk volatility is passing, I think bitcoin will still perform well as the long-term opportunity will be much greater.  I think, 2023 is a period of decentralization in between bulls and bears - a cycle of trend recovery and strengthening of bitcoin's position

As we have seen there are also more or less unexpected events like that with Silvergate now. The precise impact on the price and overall sentiment can hardly be calculated, but those incidents cause unnecessary trouble in the market on the one hand and also incentivize regulators to take a harsher stand on cryptocurrencies as a whole. As soon as the public gets to hear about it a positive trend might be slowed down significantly.

When you ask whether it is going to be bullish or bearish, I would say it depends. The less multibillion dollar collapses we have in the industry, the better. But we don't really know what situation most exchanges or stable currency providers are in. What we do know is that it is probably often too good to be true.

The thing with Silvergate is that it didn't turn out to be that black swan event that will pull the market down so hard like FTX collapse. At least this news didn't put a lot of dent as we are above the threshold and support is strong at $20k-$22k.


We will have runs like we did in January 40% or more in a month. And then maybe like March which is historically very poor for us, the negative. But overall it might be in the middle grounds this year, not very bearish like year, with few occasions of small runs.

I believe bitcoin in 2023 can be bullish, the beginning of the year is a good and strong signal that this year will skyrocket, many analysts believe that in 2023 the price can touch at least $ 50k, of course this is good news for us and if we want to get bigger profits then I suggest immediately selling assets to invest in bitcoin.

bitcoin in this 2023 is entering signs of going big bullish, now all the predictions that appear are referring to the history of bitcoin prices that have existed, and usually before the halving, we will see the price of bitcoin going up high so prepare yourself.

We are not on the actual bull run but we are heading there because the price didn't drop heavily. It only paused a bit but later on it could continue again hitting the higher prices. Correction can also happen but it does not totally prevent bitcoin from reaching its target. Time can fly so fast especially if you don't check often the dates.

We won't notice it that one day we are now at the halving event already so make sure that you guys already stocked up a lot of coins so that you won't missed this rare party. What I know is that the max value bitcoin can get is 1 million usd therefore 2x, 3x and so on is still possible for bitcoin even after a couple halving has passed.

About the impact of Silvergate, that's right it wasn't as harsh as the FTX collapse yet. If I understand correctly, Silvergate has filed for an extension to provide requested reports about their overall financial situation. Is that about right? That would mean that as of now we don't really know whether there is more to come or have I missed anything here? I am perhaps not up to date in that case. I just know that there are countless companies directly involved with or connected to Silvergate. But I don't know the implications and what kind of consequences that could entail. I have no idea of the systemic relevance of Silvergate for the industry.

The beginning of the year showed that the price of Bitcoin did not grow as much as we expected in 2022. At the start of 2023, we thought the price of Bitcoin would exceed $35k, but it hasn't happened yet. Bitcoin's trajectory over the past few days suggests that the market is likely to rally towards the end of the year. If you invest and hold in this bear market market, you can certainly earn good profits in 2024. We think the market is more likely to turn Bull market  again in 2024.

I also think like you, this year will be a year of struggle between bears and bulls, the market is volatile, and at the end of the year the price will be higher than in 2021 but not too high to be called a bull year.

As for altcoin investment and accumulation, I think we should start in early 2024 because, with the current volatile economic situation, we are still uncertain that a bull market will occur when halving occurs. I mean, I still believe in history repeating itself but also pay attention to the economic situation because it has a huge impact on the market.

It is difficult to predict what will happen throughout 2023 regarding the bitcoin price. However, it would be better if we could take advantage of the current downward price momentum to buy and then hold in the long term to sell without having to always look at market conditions.

We are still really staying at the bearish level, I don't feel that we are entering the bull season yet, I think it will be a few months before it happens in my opinion.

       I've noticed recently that many communities are anxious about the return of the bull run, and I also think that many of our bitcoin enthusiasts have saved up somehow because they don't want to be left behind again... But the problem is that no one knows when the bull run is. So all we have to do is be prepared for anything that can happen in the market.

i wouldn't say bullish but bitcoin price in 2023 will slowly continue to increase.
Why is that ? because I believe the real bullish will occur in 2024 and the price increase that will occur this year is due to the effect of many people buying in preparation for the bullish that will occur in 2024. and of course we will also see normal (not bearish) price declines because it is impossible for the crypto market to continue to move up.

I am not so sure whether it is about a certain time span whether or not the crypto market turns into a bull market. I think it is a lot more about the events and news about crackdowns and regulations and so on and so forth. We have had several collapses of relatively relevant crypto companies/exchanges and it is still not really transparent in how far there might be more systemic risk that we just haven't discovered yet. I think it needs some catalyst for Bitcoin to switch into bull market sentiment, but is there really extraordinary good news on the horizon or relative certainty that no collapses are waiting around the corner? Nobody can really know except for those who do :P But I think that some players would make to love a move but are not sure whether the timing could be particularly bad right now.


One thing also is important to consider. It was often said that the stable coins played a big role in the last bull markets as they have been said to be excessively issued in order to buy up and push Bitcoin. That theory was never really confirmed nor denied, but if that was the case and there is now the growing interest from governments to further scrutinize and investigate stable coin providers, then that would actually take away one component that added to the upwards dynamics in the market in the past.

After buying and then holding it in the long term does not mean that you have to forget about the market by not monitoring it anymore even though what you bought is to be stored in the long term. Because there are also many opportunities that are missed by many people when they don't often monitor the market or forget about the market after buying, even though monitoring the market is part of an important task when someone already owns a valuable asset like Bitcoin.

No one really know what's going to happen next, but IMO this year will either maintain or rise slightly. Based on thr economic situation we are in right now, it is not yet time for those big whales to move their assets (not that we know what they will do next), coz if they do, they will the ones who will be the most affected on this inflation.

But of course that all depends on their mood, besides that, if there is anything huge to happen that disturbs the economy, for sure it'll impact cryptocurrencies as well.

I think that's just a term that's being used by the holders and even I, I've told my friends to do that after buying. And that's to forget the entire market and what they've bought. It's an easier explanation of what holding is but yes, there should still be a monitoring on how the market is doing because your money is in it. Like for this year, it doesn't look like everyone is gonna be optimistic while looking at bitcoin's correction. Nevertheless, all of the eyes are already advanced and looking forward to the year of 2024 and onwards because that's where the next bull run might occur.

With what is happening in the market today it is clear that we are still bearish for now. And this is a good opportunity to buy bitcoin and other altcoins that we think have great potential to give us good income in the future.

      There is also no reason for us to worry about what happened in the market today because as far as I can see it is normal and we just need to save as much as we can, this is the only thing that can be said.

I didn't expect that when I woke up and saw the current price it was $19980, I didn't think that the price would be red again, it looks like the negative trend hasn't gone yet and makes us have to be patient, let's wait if the price will continue to fall like last year or could it rise like in January , I think March and April can be a measure of whether the market will rise or fall this year.

You may be right that it could be because of the news that is happening now in the crypto industry why the value of bitcoin fell a little bit and I did read some news regarding it.

This is about silvergate bank


source: https://www.forbes.com/sites/brianbushard/2023/03/08/crypto-bank-silvergate-will-shut-down-amid-financial-problems/?sh=27f6ab9372b3

     It's possible that this is one of the reasons but I know that Bitcoin is not much affected by this. But it's surprising because since 2013 Silvergate started operating in this industry for about 9 years but in the end it still closed, maybe because of the intensity of the competition that led to this.

I get the feeling that bitcoin prices will be held down by various speculative means until April. Then we may well see a good rise until July-August 2023. It is likely that we will see some important news in April (maybe Russia will be the newsmaker).

The usual trend is that the price will rise if the previous year dropped, as we know that in 2022 the price dropped more than 70% compared to the end of 2021, of course this is our hope that after the drop, in 2023 the market will rise, not much what we can do apart from continuing to buy so that we have the opportunity to profit in 2023.

What's going on in the fiat world is a proof that this year will be a bullish year for all of us. I think it will even do better than expected all because we are talking about something that will actually hurt fiat a lot more and when fiat is hurt there are a lot of people who invest into bitcoin at the same time.

Because all those people who got out of bitcoin with the fear of volatility and the drops, will realize that their money is not safer at fiat and will end up with a much worse return in the long run. I know that it will not be simple to fix any of this and I know that it will take a while before we can see them all come here, but we will see it this year until the end.

I think the year 2022 ended on a very bearish trend and knowing the mechanics of the market moves up and down like a wave, a pullback or new high is on the card's which means we should see price getting bullish especially in the second half of the year(2023) as bitcoin price will be discounted for many to buy it low.

I think we hit the low and price needs needs to bounce back up... Think of it like a bouncing ball which was thrown up and has lost momentum and needs to be picked up and thrown up to keep the ball bounce again.

Take a look at the bitcoin chart for 1 day TF, I think you will really get the answer about bitcoin price potential at 2023.
I haven't seen any drop to a low for 2023 so far like $18k or any other low. I think it clearly means that the price is in a bullish position even though in the last few days the market has experienced quite a big correction.

In fact today we actually had a strong move from the upside which eventually sent the price back near $25k. The percentage increase today or as I write is 14% and bitcoin is trading at $24.4k. I expect $25k to be break through quickly after this and $25k to be held till end of March.

And the another setup is rise do happens when we're just done with the halving. Well, we just came from a drop and that made a lot of thoughts that we'll see below $15k.

But within just a few days after the news popped about SVB and all other ruckus made by the banks in the US, here we go, the market has calmly and quickly recovered.

Now, after having that thoughts of being bearish for some in the last few days, there goes the idea going back that we're now bullish again.  ;D

The market has already grown quite a bit over the past few days. All markets turned green as the Bitcoin market gained momentum. The market is likely to gradually improve in 2023. But now is the right time to invest so it is possible to get profit even if you invest. So seeing the position of the Bitcoin market, it can be understood that the market is going back to the previous position again.

yes that's true, but the price drop that happened in 2018 was also significant and it took about 3 years to recover and bitcoin to reach ATH again. it looks like the current price drop is not much different from 2018, that means it will take quite a long time for it to recover and reach ATH again. if this does happen the most likely possibility for bitcoin to touch ATH again is 2024, but it is not final as the crypto market changes frequently.

Until now I'm optimistic that in 2023 the market will be bull run, even today will be a record in itself because the price rose by more than 17%, if before that many doubted that the price was difficult to reach $ 25k but today the price of $ 25k only happened about 3 hours since the price has already reached $26k, I believe this year the price can pass ATH in 2021.

It is very difficult to accurately predict whether Bitcoin will experience a bullish or bearish movement in 2023. This is because Bitcoin price movements are heavily influenced by various factors such as market adoption, investor sentiment, government policies, and fluctuations in demand and supply.

I think we could easily see that it has been bullish this year, right? I mean I am not saying that it is doing terrible or great or anything like that but it is obvious that we are seeing it do as well as hoped for. The start of the year saw us go from 16k levels to 23k levels at first, we failed to break over 25k for a long time and then it dropped under 20k just recently, then it went ahead and moved above 25k now as well.

So, all of this provides a proof that we are in a bull market and by the end of the year we could easily be over 30k as well. People act as if that is normal but that is a x2 increase during the whole season and that matters.

It would be better if the investment was made before Bitcoin has increased in price like in the past two days, because the profit will be much better if you have time to buy Bitcoin at $20K and hold it for the long term. And in these two days traders also get extraordinary profits if they have time to buy at $20K and sell at $26K which is a very enormous profit in just two days, so stay optimistic about the Bitcoin market and also try to invest before Bitcoin increases its price in the market.

Seeing the increase that continues to happen of course I'm optimistic that 2023 will pass the ATH that has happened in 2021, many analysts believe that the price in 2023 can touch $ 100k so that makes me even more excited to buy, I will buy and hold in the long term to get big profits.

It's okay to be optimistic but you also have to be prepared if later your optimism will end up disappointed, I don't believe that the bitcoin price can reach $ 100K if the analysis says it will happen in 2023 to be honest I doubt it, for now the bitcoin price is priced at $ 27K or increased by more than 4% in 24 hours, but I actually see that the current increase has not yet entered a strong bullish phase so that the possibility of a decline can still occur later, from some of the existing news I read that the current increase in bitcoin prices is due the credit crisis that occurred in America due to the bankruptcy of several large banks and if things return to normal maybe bitcoin will return to a price range of $ 24K or $ 25K again.

If we follow the Bitcoin 4 year cycle we can easily assume that Bitcoin is going to be bullish. But no one can say for sure about the price movement of Bitcoin. But after a certain time it is predictable. According to the assumption , Bitcoin price is likely to be bullish this year or next year. As the recent market is good, Bitcoin may be bullish towards the end of this year.

Neither its a consolidation year, surprise up then surprise down and in some total sideways for most of the months of the year.   If we have a  clear repeated trend throughout the year that leads us either up or down to significantly different range then I'll accept defeat and that I was wrong.   I think its quite easy to guess the majority of this year will be in revision and many hopes that dont especially move us on from here or most of the prices seen since last summer etc.

This year 2023 the first month of January to the middle of March can be said that we are still in a bear market, but at this time after bitcoin reached 27k$ more than this last night here it seems that my mind has changed.

     So in my opinion it looks like we are entering the bullish season or we have now entered the bullishness of the market right now in cryptocurrency. So we should be encouraged to save bitcoin for now.

Yes some experts believe that Bitcoin will continue to grow in popularity and value in the coming years. For example, the CEO of MicroStrategy, Michael Saylor, has become a vocal advocate for Bitcoin and even converted his company's cash reserves into cryptocurrency.

On the other hand, there are also concerns about the environmental impact of Bitcoin mining and the potential for increased regulation from governments around the world. But what's easy is that when market news is still quiet, the bullish trend hasn't ended.

The excitement is gradually returning, which is understandable, we have seen many new projects being pushed and called for capital that are also successful. Seeing the inflow of money into crypto since 2023 I think this recovery can be sustained and closer to the bull cycle.

And it will not be too much of a difference when the information about the bitcoin halving, will be discussed gradually. Those who have a DCA plan are also gradually feeling less pressure :)

The issue of the environmental impact of Bitcoin mining is always enlarged, the fact is certainly not appropriate, but haters always attack cryptocurrencies with many sides because they are worried that the development of cryptocurrencies continues to improve then threaten their business, and of course we must be optimistic that the future of Bitcoin will be brilliant.

I'm not saying bear and bull, but from 2022 we have seen a significant increase from bitcoin, I think bitcoin will close in price in the 30-40k$ range for this year.

For me that is still bear market when we hit $30,000 and up for this year. I mean in a bull run, the price is going up non-stop to the point that we are going to see $100,000 and more.

So still very bullish for me despite the fact the the market has recovered and might not see another lowest low for this year.

And it's good though, at least we are still on point to reach 6 digits in 2024/25 and not for this year because it will break the 4 year cycle that we are used to be seeing in bitcoins young history.

One reason for BTC to rally in 2023 is the U.S. Fed’s last less aggressive rate hike of just 25 basis points, which helped BTC to maintain its rising trajectory and outperform as compared to other asset classes.

The majority of Cryptocurrency users, especially Bitcoin, always want these two sides to happen immediately. bullish is always expected by investors who already have a number of Bitcoins in their wallet, while bearish is the hope of investors who want to enter.
Investor enthusiasm is always the opposite between the two, but they have the same goal. Investors always expect the lowest price to collect as much as they can and then expect the bulls to come as soon as possible to take profits.

I think we'll hit bull in mid 2023 with everything that's happening with banks and to compensate for the years of the pandemic as well, I'm sure it's a bull run one.

I think determining whether Bitcoin is bullish or bearish in 2023 will depend on the complex interplay of economic, social, and technological factors. It is important to remember that investing in cryptocurrencies is inherently risky and should be approached with caution and careful consideration of your personal financial situation and risk tolerance.

Take a look mainly at world economy and then you'll discover if to be bullish or bearish. In my opinion Bitcoin's price is heavily decided from decision of FED to reintroduce or not quantitative easing. If quantitative easing

will be re-introducted we'll see an higher price, but, considering how the economy is today, I think that we should wait at least another year before to see any drastic movement on Bitcoin price.

no one can predict that bitcoin will be bullish or bearish this year but in my personal opinion bitcoin will go up in the future in 2023 after several banks in America went bankrupt people are back to buying bitcoin and trusting bitcoin I think that's good progress for bitcoins this year.

true there is no bull or bear, because now is still not the time for the bull to arrive and bitcoin has bottomed out around $17k and currently bitcoin is in a recovery phase. but I think $30k - $40k for the year is too low as we are getting closer to bullish and surely more people will be buying in preparation for the next bullish phase.

Almost a year from Bitcoin halving according to the calendar, for 2023 I don't think that bitcoin can touch ATH 2021 again I think that's still quite impossible in my opinion, it makes more sense if we are still at $ 45k at the bitcoin price.
You don't have to rely too much on the results of other people's analysis, which I'm afraid you will actually be disappointed if that doesn't happen, you have to have a strong basis in buying bitcoins so that you can have a foundation in accordance with the search results or analysis that you make yourself so that disappointment doesn't rest to those providing the analysis.

Risk consideration and personal financial tolerance are really needed by those who want to invest in crypto. Because it is clear that any market conditions including the crypto market itself are always influenced by economic, social and technological factors and one more thing is the safety factor for everyone who invests.

And if all of these things are very good without any interference with its development, bullish on Bitcoin also cannot be determined as long as the increase is still slow with corrections that still tend to occur in the market. Likewise with bearish which also cannot be determined casually even though the increase does not occur more quickly in the market.

Bitcoin price is unpredictable,to predict price of bitcoin is very challenging, nobody can predict the price of bitcoin, bullish or bearish,remember the price always fall and rise no one can predict the position of Bitcoin.so the best thing to do is to prepare for both, when the bear market comes you take, and when the bull comes you take the advantage of the bull market.,The current price of bitcoin is just a form of the ATH of the moment, I don't know maybe 2023 ATH will pass 2021, or I don't know if the next bull run won't break the last ATH? no body can predict what will happen next, bitcoin price, the price is moving from $28k-$27, $27k-$28k. Always stand firm on it, and know how to control our greed and panic as we go through this cycle.

What you are saying that is actually right, that bitcoin prediction is not that easy to work. But if we do some technical analysis then we can at least assume that this year at least the market will not run in a bearish trend Although nothing can be said with a hundred percent guarantee, no one can be 100% sure about market conditions. But this year I don't think any new ATH will be created, we are looking at the performance of Bitcoin in q1 well let's see what happens next, although I think the market will continue to turn back in 2023 and maybe in 2024 or 2025 we will touch a new all time high.

We have charts and there are tools to make the technical analysis more precise. We can also based on other factors like the news and economic happenings. This aids people to predict. We begin the year with so much positivity. The price rise and then there are good news around the corner. This made people think that 2023 is going to be a bullish year for Bitcoin.

We don't know yet if there will be a new ATH this year because being in a bull run doesn't mean that a new ATH will be created but if we fail to create it this year, I am sure we will get it by next year and onwards. Have you checked the price now? BTC successfully get out on the price range that you mentioned. It was now over $30k. This is great.

The beginning of 2023 was not very good news for the market. However, the market has changed a lot in the past few days, especially the price of Bitcoin, where it fell more, has now leveled off. If you look at the market, it can be seen that there has been a major change in the market in March and April 2023. A bear market that has turned into a bit of a bull market is truly a joy for Bitcoin investors. But I think Bitcoin price will peak by the end of 2023. 2021 Bitcoin price is expected to increase at a higher rate than it did.

What do you mean? January we have 40%+ increased already, February and March is also good month for us. It's not that we just have a sudden uptick in the price of bitcoin or the whole crypto. We have been trading sideways this April and we thought that the bullish sentiment is gone or the bulls have been exhausted. But this week, the price goes above $30k so continuing the bullishness of the market.

We might see the price going higher this year, maybe around $50k or higher. But I don't see a new all time high yet.

But in any case, everyone should be happy at the rate of the price going up this year.

It's still not half a year from 2023, we are still in the third of 2023, even though from the beginning of the year we have been in a small bull market, and this does not mean that a bull market will arrive. maybe last March and April we were hit with a small bull market and of course this would not have the potential that this year there would be a high bullish market. this is a market anything can happen and especially no one can predict what will happen next. Bitcoin journey in this year is still very long.

The market is quite bullish through the year. Compared to the price on January today we've reached big growth. During the start of January price of bitcoin was around $17k and today it have crossed $30500. This means the price is bullish and market is in good position. I don't see the price to reach $50k sooner this year. Even if the price reach $50k or higher, we can expect the price to drop gradually towards the price point from which the growth bagan.

I'm stating this based on the halving scheduled for the coming year. When the price is at higher price, surely the price to reach new heights gonna be difficult and chances were low. For this reason, beyond certain point the bullish move would turn bearish.

bitcoin price in 2023 will look like bullish but not really bullish because a real bullish will most likely be in 2024. I mean the price of bitcoin in 2023 tends to rise, a kind of long-term positive trend that makes the price of bitcoin slowly increase but not increase significantly like in 2021.

If you're unsure if it's likely to go lower "bearish" or higher "bullish", then we are more inclined to be at a consolidation. Find the most recent swing from the highest high and the lowest low, tendencies are we are at the middle of that range. When price is at the middle, it builds liquidity for both sides of the market until it creates excitement to push it higher.

The thing is, if price remain stagnant, or build within the framework of unclear between hope and fear. Remain on the sideline. Wait for the true movement and then engage. Use those times to analyze and plan your trades and investments. There's no need to worry about, BTC is only up when the market conditions comes right and inlined.

More likely we can call it recovery year, because in 2022, it was worse, we reach two all time lows in $17,500 and then $15,500 due to the FTX collapse. But as we have seen, January was very green and it was a good start for us.

Now, in after 8 months we finally see that $30k and still going up and may touch $31k at least for this month. And then we will see how it will grow as the prediction is likely $32k. So short term we are bullish in this 1st quarter. And everyone seems to be very happy on the current price movement, greed index is at 68% right now.

You are absolutely right that Bitcoin is very volatile and unpredictable currency, and it is very challenging to predict its price, if not impossible. In my opinion the current market situation with  market undergoing minor correction presents opportunity to accumulate more Bitcoin for long term investors.This correction is not likely to prolong, because  as market fundamentals remain strong as people continue to lose confidence in fiat currencies. This makes Bitcoin an increasingly attractive alternative currency. Consequently, it is reasonable to expect that Bitcoin will perform well in remaining part of 2023.

Of course you shouldn't just forget about the market after buying bitcoin and holding it in the long term, but don't monitor here, the point is not too often because people can have psychological effects if you monitor the market too often, especially if you can't manage your emotions well when you see market conditions are going on in a bearish phase.

You made a valid point that watching the market on daily basis can lead to selling  temptation to book small profits that means missing the opportunity to make significant profit in the long term. The ability to control emotions is necessary when it comes to investment or trading. Never allow your emotions to dictate your trading decision as it can cause losses. Therefore, mastering emotional control is crucial for success in in investment and trading.

No one can predict the next movement of Bitcoin because of Thier volatility in price. But recent unexpected ancident in crypto space of Luna coin bleed and FtX collapse really damage the structure of crypto which has seen in shape of drope in Bitcoin price, as a result fear create in market and most of investor took out Thier funds, so in my mind this entire year Bitcoin will be in consoledation zone in order to gain the trust of investor again. After halving in 2024 may be we can see a rise in Bitcoin ..

I think what you said is very true, friend, that the trend is increasing but not significant. Next year it is clear that we will enter a bull market because we will enter the halving era. where each halving period there will be a gradual increase until next year to achieve renewable ATH.
even the possibility of ATH will be greater than when it reaches in 2021, this is an opportunity to continue to buy and hold on.

Maybe we can go back and review a bit of Bitcoin development and speculation from year to year, to be precise before the halving and after the halving occurs once every four years, where in certain situations and years Bitcoin has decreased in price, increased and remained in its current position.

What I want to say is that in 2023, if I speculate this is a buying step for bitcoin in the future, I believe that currently the Bitcoin market is showing a bear market and will head to a bull market, it is based on my speculation, what is clear here is that we have different speculations and understandings, certainly different opinions about Bitcoin now and in the future.

More precisely, 2023 is the year we are slowly recovering from a difficult 2022. But saying that in 2024 we will enter the bull season, that is not entirely true. The block reward halving will take place in April/May 2024, but history has always shown that bulls will actually appear a year after the halving. The bulls don't come immediately, so I predict 2025 will be the year we enter the official bull season. And most likely ATH will also be created in Q4 2025.

I think both are in this year. Bullish and bearish markets continue. Bullish and bearish are only weekly or monthly market changes. But the market is more optimistic towards bullish or bullrun.

it's not bullish, it means we are in a sideway position, a position where the price of Bitcoin tends to rise but cannot penetrate its support and resistance points. 2024 is predicted to be bullish, but no one can confirm this, because people only predict from history that has happened that after the halving process the price of Bitcoin will increase significantly, but there is also a possibility that it will not increase immediately after the halving, it could 6 months more or less.

You actually sounds like someone who is not aware of what happened during year 2022 to have said that the beginning of 2023 was a bad news, precisely January that got us a nice pump to the up side and to the extent it broke the level of FTX dump and since then the market has been having a very nice run up in the price of Bitcoin, 2023 to me has been a fantastic year so far for BTC when compared to previous year 2022.

Crypto currency market always unpredictable, It is very difficult to say when market will Bullish and when will Bearidh. Although i think this year will combined. Now bitcoin price is 29500k and it increasing day by day. But i think Now bitcoin price will increase and last of this year Bitcoin price will down Again. So it is difficult to say crypto currency market will bulish or bearish.

determining exactly exactly will not be easy to do because indeed crypto is difficult to predict as well as the market situation is influenced by many factors, I agree with you that indeed a bullish/bearish market is very difficult to determine, but a repeat market will always occur and usually it will be used as a prediction even though Not always guaranteed, but estimates can be made. Just remember that the halving era will occur next year and it's time to continue to buy and hold, don't focus too much on the market being bullish/bearish.

While it's natural to draw comparisons to previous market cycles, it's important to approach price predictions with caution. The cryptocurrency market is dynamic, and new factors can influence price movements that deviate from historical patterns. It's advisable to conduct thorough research, seek diverse perspectives, and consider the potential risks and rewards before making investment decisions.

A bullish or bear comparison, of course, with the previous year, namely 2022, I'm sure in 2023 the price can rise and reach at least $ 50k, maybe it sounds like an exaggeration because the current market conditions are very difficult to go up, but I'm optimistic because in 2024 there will be a halving day and demand jumped before the halving day or the end of 2023.

I would agree more if this is related to the level of demand and supply so that the comparison can be clearer, because while this year the demand for Bitcoin can increase much in the market compared to last year, the potential for bullishness is much greater than bearish. But this is always difficult to know from the start because every year there are always changes that occur in the market for Bitcoin, apart from several cases that can affect the price of Bitcoin on the market.

In 2023 it still leaves about 6 more months and in my opinion there are still many things that can happen, even though the market is currently very difficult to rise, but I'm sure if there are small surprises it will make an explosion in the market, I think the best thing when the market is red like when This is continuing to buy and don't panic when the price is dropped.

Yes exactly 2023 is not like the year of 2021 because the price is not such higher as that of 2021 but still is higher than 2022. We can say that recent year is the best year for buying and for holding and the next year will be beneficial because of the Bull season coming soon.

From start we have seen huge pump in the price of coins but as the years proceeds so the price stops to increase but we hope that at the end of 2023 again there will be greater achievement in price of bitcoin.

Of course risk considerations and financial tolerance are needed in investing, especially in cryptocurrencies. Apart from that, investing in crypto currency is also necessary so that we can manage our emotions well because the price of cryptocurrency is very volatile. If we are not ready to face the turmoil of the crypto market and cannot manage our emotions well, then we will be trapped in big losses.

I think 2023 right now is the market is in the accumulation phase or it's called consolidation,
but don't worry the bearish is probably over and we will enter the bullish season in 2024,
because indeed 2024 is the year of the halving,
we know the halving will make big changes to the price of Bitcoin so take it easy and don't sell your Bitcoin cheaply.

investing in crypto currency must be wise in managing emotions and of course one of the things that must be eliminated is greed in trading,
we have entered Q2 2023 and it can be seen that the market is on fire, so for bullish I think it is still not visible,
bearish for Bitcoin is also spelled out still weak as $25k is still holding.

Although it's impossible to predict whether this year will end up being bullish or bearish, from the start of the year through the end of May, bitcoin hasn't shown any clear signs of either trend. It's currently neither bearish nor bullish, merely in the middle.

The year 2023 still has six months yet to go, and given that the halving season will occur by the next year, it's possible that we may end this year on a bullish market. This is based on assumption; nonetheless, it is unclear what will happen to the price of bitcoin in 2023. It may be either bullish or bearish. Hands crossed

it's hard to predict what will happen, because at the beginning of the year it actually made a surprise with a sharp increase, even though it is currently back down, but the decline is still at a pretty good price and doesn't go down drastically, the possibility can always happen later and you can't predict the situation At the moment.
but I really agree with what you said, that there is no need to worry and keep holding on because the halving era is coming soon, which will make the usual changes, don't be in a hurry to sell but instead keep buying.