Bitcoin Forum

Bitcoin price is displaying some stability above $17,000 as it is holding these levels despite the bearish attempts to drag the price lower.

As the trend remains largely incremental, the token is believed to maintain a steep upswing to regain its price.

This belong to speculation, move it to speculation instead.

I am expecting bitcoin to go beyond $25000 in first quarter of 2024.

You do not have to bother yourself about it, or you bought bitcoin with high price and expecting the price to increase to the price you bought it? The best advice is to never yet sell your coin because bitcoin will get to $23000 one day again which I think won't be long, it will even surpass that price.

I will advice your to just hold your coins.

Bitcoin isn't a token.

Well, we get to say that it's possible and it's just a matter of time. We're now in $17k and that's just a few grand away for being at that price.

But wherever we're going with the price, it's expected to be on that line going up as it just came from a huge decrease.

No one knows what the bitcoin price will look like in the future, but looking at the chain of FTX crashes as well as the current world economic situation, I am not very optimistic. My prediction for 2023 is the next lousy year, and the bears will continue to dominate until the halving occurs and the economy shows signs of improvement. But in December, we may have a slight bounce to bolster investor confidence before disappointing us further. Investors are getting smarter, and the market is also getting harder to deal with investors.

The ups and downs of the Bitcoin price are now in a very small range, making some day traders or short-term traders profitable because they can immediately take profits in a matter of days, even if only a little. But for investors or those who like to save in the long term, they still have to rely on time if they want better profits in the future. Because a slight increase was not what they expected now.

The question is which tokens will maintain the sharp rise at this time? Because I don't see a sharp increase in any token if Bitcoin doesn't increase sharply in the near future. And the market won't look good if Bitcoin's growth continues to be very slow from now on.

Bitcoin will remain stable on the currently price range or at even lower levels while this bearish market lasts. To hit the 23,000$ once again we need to leave the bearish market first. Then the correct question is, will the bearish season be ended by the first quadrimester of 2023?

Personally, I don't think so, because we are too close to this time period. Meanwhile, the news don't look good for crypto enthusiasts. There are too many scams going on around involving big companies of the sector and huge money, the world is still being affected by a war and traditional markets are still profitable for speculators who are taking advantage of increased interest rates. Most likely things will start improving here from the end of 2023 on (Q3-Q4).

It does look like there is a good chance that people could end up with a good higher price soon. I am not saying that 23k will be easy to reach though, it will be a tough one considering how hard it is already with the current situation.

We could always end up with a great deal of increase in price later on, it doesn't have to be Q1, and it could be anything else. I hope that people will realize that it's going to take a while, maybe it could be tomorrow too, bitcoin is a volatile littler bugger and it could be 23k tomorrow very easily if we all wanted to, but at the same time that is not realistic and I am expecting at least end of Q1 if it ever happens.

There is a possibility that Q1 2023 Bitcoin will go down to a price of $ 20,000 but this is only limited to resistance but at the moment bitcoin is at $ 17k it has not been called stable there is a possibility that it will fall again but I myself do not think about that I will continue to hold the bitcoins that I have and the rest will still be continue to buy while prices are low in the first quarter of 2023.
The signs for 2023 are bearish, it seems that it will continue, this will make it prolonged what we see is that the price continues to be bearish.

You said from the initial that nobody knows or can predict the price of Bitcoin in future, so i believe that the price of Bitcoin is rotational, and since the price is rotational, their is every tendency that the price of will experience more bullish in 2023 than 2022, and we should understand that the price of Bitcoin accelerating is dependable by the investors, so therefore the price lies in the hands of investors which can be determined by the demands and the supply in cryptocurrency market.

I still believe that it is still early to feel bitcoin is now stable in the price, although the price didn't drop like it is expected during the November season and December but the year is still on and anything drop can still happen. Bitcoin stability to me is during the halving and not now. What we are seeing this time could be little corrections going on.

Not the problem the problem is that nobody can predict the future of Bitcoin if it happened to be bearish market or if it happened not to be buried so I believe that bitcoin have a lot of potentials to go or a lot of things to do because of the prediction is not depending on anybody

Indeed it is somehow stabilizing at the current price range but it is hard to tell whether its market value will be able to break $20k before this year end or on the early quarter of next year but for sure everyone is hoping for such thing to occur. As everyone knows, Bitcoin halving would happen in 2024 which is why it is more believed that the market price of Bitcoin would be more likely to break ATH once again by that time but ofcourse it the market would recover as early as possible, that would be better 'coz if it would need another year of no uptrend, there is a bigger tendencies that its market price could be easily pulled down by factors affecting its demand.

As the year end is getting closer, people have begun to speculate on the price for the falling year. Only time can answer. We can move forward with the positive mind. As the very first response stated there is possible chances of price going high above $25k during the first quarter of the year 2024. Possibly the market will have positive move, atleast $20k will be touched.

Easily possible depending on volatility and momentum development.  BTC can get prices more easily because its so volatile, does it keep them is harder to say.

https://talkimg.com/images/2023/06/12/AEOmj.png

If this trend on the daily held fast for example then you have 23k occuring Jan maybe earlier.  BTC hasn't yet proven strength just yet, normally we hit our head on the ceiling fall down some and then the real test comes how fast do we get back up.   Watch for the blue line here in 50 day average, to turn upwards and maintain that attitude then we start to aspire to all the prices in the 20's and even beyond perhaps.

Though no one knows what exactly happen by next year but based on what I've witnessed in the past few years, during that time Bitcoin isn't in a bull season.  From the Chinese new year which commonly people spending their Bitcoin and it might be converted into fiat, and also there are a lot of activities that people make spend their Bitcoin for other reasons in spending their Bitcoin.

It could be in the second quarter which is also based on my observation Bitcoin price increase until 3rd quarter.  I think that time most commonly Bitcoin increases the price.

So IMO, the chances of a Bitcoin price that will reach that amount might unlikely happen.

For me, this is good. The price of Bitcoin being sideways is a good sign for me because a lot of people are afraid and worry too much because of the recent dumps.
And I'm glad also that the 2022 year is coming to an end and the Bitcoin block halving is fast approaching.
Bitcoin block halving is a huge event for Bitcoin and the entire cryptocurrency market.
So, even $23,000 will not hit on Q1 2023, it's ok for me, but I believe it will happen before the 2024.

I highly doubt it.. Allot more bad news coming down the pipe and some bubbles bursting.

Sideways at best and that is a good thing

I think that's how life works, to be unpredictable. In the case of btc, this might be the reason why btc can reach a really high price because people don't know what's coming but they just continuously put their money in it because they believe that what btc showed in the past can repeat. It wasn't only limited there but the main reason on why people buy btc is because of its technology.

So, don't think that being unpredictable is a problem. If I will have my own prediction about btc I think yes. $23k for btc is very easy. We have been on $20k levels before, a lot of times and January is a month where an increase is usually spotted.

not sure if there is a chance but if the price at least spikes to 20k this December then chances are there because we have seen the lowest price before this month and we have seen recovery in December so staying at 17k isn't enough to understand that there will be a bullish 1st quarter in 2023 when there is a total dumping this year of 2022.

Some people say this bearish run is different than the rest from the past, so we are gonna be expecting a longer bearish run this time. Longer than what we have experienced in 2018. Though $23k is a range something that can be achievable all throughout the entire year of 2023, but I doubt that could be the highest price then. Most likely, we're gonna see another bullish run in the 3rd quarter of 2024. Hopefully.

I would say it can touch 23K if the fud start to slowing down and good news start to grow ( because fundamental first than technical) ;D and the buying power is way more than selling pressure :D, if we can take a look back the chart January till March usually bitcoin will get record high



Yes I hope so, my thought btc will touch new ATH in 2024 maybe in Q4 2023 we will see bitcoin @ $30k+

There is a lot of research and predictions about Bitcoin constantly going on in the world. Various experts and analysts try to give their opinion which results in Bitcoin ever rising and taking opposite position. Predictions are not always effective. As we thought in 2021 the price of Bitcoin will stay at $100000 but that is not possible yet. In the current market, the price of Bitcoin is now at $17000, as many are expecting that it may touch $23000 and on the contrary many people are thinking differently.

Recently, Standard Chartered predicts that Bitcoin price may drop from $17000 to $5000. They think Bitcoin is down 70% from its peak and is likely to hit $5000 by now. They estimate that this could happen in 2023. When such predictions come, there is panic among all about the market. I don't expect a bitcoin price will reach $23000 soon. It will be possible to imagine the level at which the price of Bitcoin may go depending on the nature of the movement in the coming year of 2023.

I love this to happen , actually I was waiting for  23k in despair because there are so much expectation and needed of the funds .

Hitting 23k again can be possible still this year because we have more than 20 days for this to come but what i wanted to see is that how far will bitcoin go now?
if there is some promises to expect? that would be in 2024 and not this year or the next.

the condition if the Bitcoin price is able to reach $ 23k in Q1 2023 is that there is no FUD and sentiment must be positive,
but from a technical analysis point of view the Bitcoin price is of course very big chance to reach more than $ 20k in 2023,
seeing $ 15k is really very strong and Bitcoin refuses to go down,
especially when the CEO of Twitter Elon Musk announced that Twitter will have payments using cryptocurrencies, of course,
this is very positive for next year.

I actually don't care what price bitcoin will reach in Q1 2023 because my goal right now is to collect as many bitcoin as possible. My top priority right now is investing whatever I can get my hands on into bitcoin and that is the best thing to do as long as bitcoins are under $17K. There's no point in bitcoin getting to that high of a price if you don't have something to be proud of later, so think about investing now instead of worrying about how much resistance can break later.

$23K is actually not high and difficult to achieve considering that bitcoin previously reached $69K in November last year. We just need a stronger push to increase demand, and that will happen gradually as the next halving approaches.

There certainly an argument to be made that after the FTX effect wears off, Bitcoin would return to where it was before the crash, which would roughly be 22-23k. But Bitcoin does not always behave like that, and it can easily stay at this level for quite some time. Or maybe it will even go lower if some more negative events happen. Could anyone predict that FTX would collapse at this exact time?

But in general I wouldn't expect any major bullishness before the next halvening, which is in 2024.

That seems like a reasonable prediction if the market does start to rally.  Much better than some of the other folks like Tim Draper calling for a $250,000 BTC next year.  I think it's likely we bounce around in the $20K-$30K range until the market can find direction and this FTX nonsense is behind us.  I haven't seen any evidence that the 4-year cycle is dead though, so personally I would stick to making outrageously high predictions for the summer of 2025.  FTX kept BTC prices low by not buying BTC for his customers and dumping their money into shitcoins.  If regulation happens to stop this sort of market attack in the next bull run, things could get wild.

Yeah, it's different because we've got a higher all time low this time. And that's actually good to see because we're like stepping higher everytime there's the bear market that we have to deal with.
But as said of being different, this may be done too soon and unlike the past ones that have taken a lot of time, maybe this time it's quicker than of those in the past.

Or maybe by 2025, all the hint is after the halving.

My estimate is that Bitcoin will remain under $20k well into next April, despite the current signs of a bull market. Because the current global economic growth has not improved, some even predict that a recession will occur in 2023, so it will be difficult for a bull market to occur in that year.

I love the range of your speculation and it is something that is likely to happen and very logical to think about. There is some speculation that will ask if bitcoin will reach 50,000 dollars in the first quarter of 2023. Even if there is possibility of that but it is so weird to reason or begin to speculate about it.

Before now I thought that a very strong support will be formed at 20,000 dollars but I was surprised when it broke down to 16000 dollars. With the year-end turn up that happens every year the Bitcoin price will move above $20000 within the first quarter of next year.

I think that expecting it to happen in the next 4 months is a good way of approaching it, better than expecting it to happen in the next 3 weeks at least, a lot bigger margin of period. I do agree that there is a possibility it could hit 23k in the next 4 months, first quarter should be a lot more lively, there will be a lot more money and people should be available to work with that.

If we are talking about something that is a bit more riskier, then we could even expect 30k to happen as well, that would not be easy, it will be harder to hit but it could be hit and we could expect that as well. All in all, a higher price is what we are aiming at in the end.

Looking at the current market, there is no signal in the market yet that Bitcoin will return to 23000 in Q1 2023. There was no signal at all, and from the crash of the FTX exchanger to the bankruptcy, I think we still have some time more to go. I think the market will go down further. My suggestion would be to hold bitcoin like everyone else now because I don't think there will ever be a dip like this in bitcoin, which we will see if we look at previous history.

Market signals are unpredictable as some potential upcoming news can be used as a signal for market price recovery, we don't need to wait for bullish to come because now we can buy BTC at low prices, so make sure to use DCA investment method to add BTC assets for long term investment. Although we cannot predict when the market price will increase in 2023 or 2024 but it is actually the history of crypto prices that Bitcoin can reach its highest price after recovering from market crashes.

This is very close, Bitcoin will easily reach this number with the beginning of the new year as expected, despite all the recent incidents that rocked the Crypto market and caused a very bearish market, but Bitcoin maintained the price level at $17,000, Bitcoin maintaining this price is a strong indication of the bullish trend Bitcoin in the coming period, especially with the beginning of the new year.
In any case, I do not rule out that during this period, Bitcoin will visit the 14-15K$ regions, this is very likely.

A few months before the FTX crash, bitcoin was also at $19k for quite a while, and people also started to believe that bitcoin bottomed and was accumulating in preparation for a bull run. But then everything fell apart when FTX suddenly collapsed, causing more damage to the market instead of increasing the price.

A few days ago, many people believed we would have a bull run in December, but I have the opposite view, and if you look at bitcoin now, bitcoin price is falling below 17k. I won't believe bitcoin can break through $20k or hit $23k until the real FTX event is over.

what I do care is the price of Bitcoin in q1 of 2024 or 2025 , but 2023? i expect nothing but still dumping mate , what would be the reason why bitcoin will hit 23k when there are still lot of bad things happening?

maybe we are just exaggerating the situation and looking for too much when the truth is we knew that it is not that possible to attain .

Not sure about this but the near to happen is more dumping to come mate because this is the problem when there are lot of bad news coming from everywhere and this affect the crypto market.
yeah sideways and lets take this as an advantage to buy more and keep holding.

Who knows? The dump is huge on last quarter of this year and maybe we can see some good recoveries on next year since maybe there are investors would provably think that its good to hold back to prepare for future knowing the halving is somehow approaching maybe for some other good use. But all of this is just speculation anything could happen beyond on our expectation.

Of course, we hope that prices in 2023 can be better than the current year. To be able to rise, of course there will be no more big cases like LUNA and FTX so that investors are calm and can make decisions without panic and fear if assets stored on exchanges are lost.

The chances are unlikely because bitcoin has not yet completed its fall. But if you look at the annual chart, you get a red candle in 2022. And in the history of bitcoin, there have never been two annual red candles in a row. That means that next year is likely to be a reversal year, once the price bottoms out. I don't think it will happen in the first quarter either, but I think it will definitely happen in 2023.

The price could reach or exceed $20k in 2023 but I'm not sure it will in Q1 and we still have to wait until towards the end of the year to start drawing conclusions. Meanwhile, we can make purchases at this time because the price is dropping again, but this depends on the readiness of your capital to buy bitcoin again. If your analysis says that bitcoin can decline more than its current price, you can wait for it and don't rush to buy bitcoins. I feel that the price of bitcoin can still go down but I don't know how much because it's still a mystery.

Not many people agree with that I am afraid. Look at the market and the recent small drop, do you think that if people believed price would have gone up they would end up doing it again?

Of course not, they would be buying right now and not selling so that means if the prices are even slightly down, they do not believe that it is going to go up. Obviously there could be some people who do, and they are buying, but if the price is going down that means more people sell than buy, so more people are not seeing it go up. If they see price hitting 23k in Q1 and yet still selling right now to buy later to make a profit in the middle, that would be the riskiest move of all time.

What is special about the $23,000? It is not a resistance level and it is not a turning point in the price. The turning points are 18000, 21000 and 25000. 23000 is just a price barrier at which the price may stop for a while, but it does not represent a point of change in the nature of the price.

Bitcoin can return to that price if:

• The Russia-Ukraine war ended peacefully and the energy problem was resolved.
• The Fed started pumping liquidity into the market and declaring inflation control.
• A decline in the value of the dollar, or an increase in risk appetite.
• Huge investments from institutional funds.
• US ETF announcement.

What are the chance of either this scenario will happen in 2023?

So it's really hard to answer that question, but yeah maybe one of them will spark the market to make a run into at least $23k. But we all know that next year, we are in the second half of a bear market so I doubt that we can see the price to that level even if those scenario will happen, just saying.

Might be better if this will happen at the bull run though, because it will be easy for the market to push the price  and maybe we may see 6 digits at that time because that's what we all have been waiting for.

first and foremost, no one can assure the price level of btc at a certain period of time. but we can all speculate on where it will land in your target timeline. so hard to say where exactly we are going as we are just relying on what news are we going to receive in the coming days. we can't also connect the btc price level with the situations happening right now, as there are news that can actually influence the price, like sudden news coming from musk regarding his crypto projects, who knows?

This is why im not really that stressing myself out when it comes to price analysis or point on a particular period of time because it cant really be always that precise or something you should expect on.

This is why its better to make our own analysis and trying out to make those strategy and placing yourself into something which you do seem that it would really be that something give off the chance
for you to make profits.
Hardest thing to deal with is against through volatility which is of course that you cant really assure whether those prediction of yours would turn out to be positive
or negative.

Fundamentally, I don't think it can reach $20k+ in the first quarter of the 2023.  Please take note that the market is still in a bearish sentiment.  We all know that in bearish sentiment everything is harder to surge because it can be countered by a single bad news.

Looking forward for a better price in 2023 is a good thing but we should also consider the condition of the market.  Right now, we are still in the grasp of the Fiasco of FTX even though we have a good news about Brazil  accepting Bitcoin as mode of payment, but the effect of such law won't reflect asap because it has to be signed by the President and be implemented which I think that the law hasn't been signed by the president yet.

25000$ bitcoin price is not a big deal and bitcoin can hit this price as soon as there is some positive news in the market. It can happen in Q1 2023 or it may take a few more months if we continue to get the exchanges hacking and other bad news.

However, i am hopeful that the chances of bitcoin dumping more are slim and there is very less chance of an event like FTX happening again, so the prices will rise from here.

My answer will not be yes or not but in terms of how probable it might happen.

Bitcoin's Price Hit $23,000 in Q1 2023? Hmmmm I would say the chances of it to happen will be at around 10-20% at most. I mean right now, Bitcoin's having a hard time surpassing the $20,000 price resistance so I see the chances of Bitcoin going to $23,000 in Q1 of next year low. However, if we will see Bitcoin surpassing $20,000 next year and stay above it for a few weeks then the chances of $23,000 to be reached will increase significantly.

I don't know how it will reach that price or when (like all of us here), but I expect that what happened in 2022 might happen again in 2023. We might see the market going sideways next year.

I disagree. The funding rates are negative which means most of the ppl are in short, once a few whales decide to push up the price, there will be way too much cascading liquidations / forced buying. It can shoot up to 23k within one month as the sentiments shift. Not a big deal!
Possible, but maybe in the range of 25k to 40k? lol. Well, who knows but Im optimistic since even the fed wants to pivot according to many sources and the US INDEX already trying to recover in a healthy manner. BTC will follow suit soon.

Before the FTX case in Bitcoin price almost reached $ 23K, unfortunately the FTX case was very massive and had a large panic impact so that the price had dropped to $ 15600, now the price has touched $ 17K and I am sure that Q1 2023 prices will reach $ 23k, now focus My biggest is to keep buying.

It's amazing if you want to continue buying at this time, because it is still very possible to get profits next year for those who want to buy at the end of this year. But if you don't make a profit next year, try to save it for another year if what you are buying at this point is Bitcoin. Because Bitcoin will never lose the potential to get an increase in the market in better conditions. So when it's not profitable, you just have to be patient with what you've bought at this time.

Yes, that's true, but it is still possible that the price will continue to decline as it is affected by other issues, not just the FTX case. Some people predict the price of bitcoin will drop to around $15k so we have to be careful and while we are optimistic that the price of bitcoin could increase to $23k in Q1 2023, we can't rule out any dips that may occur later. And if we can be aware of all possibilities, we will set up some funds to buy bitcoin at another low price so we can take advantage of that opportunity.

In my opinion it is very possible, in the middle of last November the price has touched $ 22k, unfortunately there was a FTX case that made panic and there was a correction of up to more than 35% to around % 15k, and now the market seemed to be starting to grow positive so I was sure Q1 2023 would touch $ 23k even more.

I think buying now is less risky than buying last quarter, when many also said the fourth quarter would be green. But so far we have the price falling all this year. But it is logical to assume that next year will be good for cryptocurrency. I don't know what will happen in the first quarter, but it is still almost a month away, and if for example there will be growth in March, then we have another three months, during which there can be both drop and growth.

Everyone will be happy if the price of bitcoin becomes more expensive in 2023, but nevertheless the price of bitcoin is always unpredictable. $23K in Q1 2023 is very likely, even bitcoin could be more expensive than $23K if the demand increases.

FTX issues shouldn't impact market conditions forever. This will soon change with time and market forces will return because trading never stops. Price volatility is normal and of course prices could be higher than we anticipated or could be lower than we think is impossible at the moment.

that would be terrible indeed.

today is the 10th of december

q1 ends in just about 100 days.

If you were like JJG and did DCA.

You would want price to stay at 15-17.

It can get 20k easily, the only thing that matters does it keep that 20k.    As said for some people the higher price while they buy regularly would be a negative and then to later return back to 15k anyway that is far from ideal.   If we only go sideways here its perhaps boring but not so negative for some people trying to accumulate.
    I traded away at least half of my Bitcoin when we rose initially in 2021, I thought it was rising way too fast;  so I sold into the strength, later I thought it might last but it was not to be.   Right now I got to take the opportunity presented to replenish what I had sold at this now lower price, make a positive from a negative.
  Theres always going to be bad news in the world, I dont give that excuse as to why BTC is down I prefer purely the maths of a higher and lower range a dual narrative to this story not all sunny skies because life is not like that.

But there are many saying that the FTX case will take effect in early next year to mid so I believe that  we will experience more problem in 1st quarter of 2023 than being pumping .
and also there are so much problem that we are facing in this year that will continue next year so basically the good  thing will come late 2023 or early 2024 I believe.
not because we touched 22k in November this year meaning it will come also next year because remember that there are so much negative to consider .

I admire your optimism and faith in bitcoin, that is the spirit of a bitcoiners. But in this market, never be sure about anything, I mean, its not wrong, but because the market is so volatile and if you are overconfident and expect too much, but things don't go as expected, you will become extremely disappointed. That will not be good for our investment. Make predictions but always have a backup because the market doesn't move the way we think it should.