Bitcoin Forum

                                  
 https://i.imgur.com/QaDup2G.jpg
Pic collected

Looking at the chart of Bitcoin price every year we can see that every 3 years after 4 years Bitcoin price has been dumping a lot. Bitcoin price was up from 2011 to 2013. Bitcoin is down in 2014. Again from 2015 to 2017 Bitcoin is up and in 2018 Bitcoin is down again. Then Bitcoin went up from 2019 to 2021 and Bitcoin dumped a lot in 2022. After analyzing the year 2023 from here, it is seen that Bitcoin will rise. But do you think bitcoin will be up or bitcoin down in 2023?

i think half year will go downwards then we can aspect recovery
and nice image it shows like this year will be up

That's very soon to say these and predict the future because we don't know what's going to happen next. Also, we don't even know about the next month and next day so talking about the next years is a bit more than impossible, all we can do is check what happened in the past bitcoin halving cycles and then try to use the history to know about the future however this cannot be sure and we cannot be sure about it.

Does 'UP' mean finishing the year at a higher price than at the beginning or does it mean having more uptrends during the year over downtrends? I'll assume it means the forner as it's much easier to calculate, but the pic doesn't give much information.

I haven't or cannot analyze the year, cause we're only three days into it, but we're already at or close to the bottom, so the likely direction we would he heading during the year is up, how high and for how long we would stay at a higher price cannot be predicted.

The pics you provided about the "UP and DOWN" movement of bitcoin every year are accurate, but for this year, there will be an upward movement of the price of bitcoin. Although nobody is certain when or at what price the price of bitcoin will climb, it is feasible that it may do so this year (2023).

The price of bitcoin is fluctuating at over $16,000 at the beginning of the year. According to speculations, bitcoin will soar to $30k or higher before the year is through. Although nobody genuinely knows what the price of bitcoin will be this year.

The expectation for this year is high that bitcoin will gain higher as it is a year before halving. The hype is on for bitcoin already and I think the new year is going to blow a fresh breeze on the price of bitcoin. Before the ending of the year, bitcoin was a little resistance to reach bottom and that has continued in the first week of the year, maybe it may be a stronger resistance against buttom that we can see bull at the end of it all.

We're a year close to the halving and that's likely going to be the significant uprising that we'll see. In terms of the cycles, it's proven that it goes like that.

The pressure will eventually come out and then will create a new buying trend that will make the demand higher prior to the halving. And that means, the price will be up again but most likely it's after the halving.

Well, it's another long way to go for the entire year and I think that we might see some good moving trend for bitcoin for this year.

My prediction could be, it might depend on what happens around, as we can see Bitcoin price always reacts to the trend whether it's positive or negative events.  So possible if there's good news these days Bitcoin has a chance to pump up and if there's worst news like hacking, exchange shut down, or any scenario that is connected to crypto, this surely will take effect.

For now, I'm speechless with my prediction for this year, it's too early to say what will happen to the Bitcoin price.
However, that's an amazing discovery, I also notice this before when I was commenting on a thread of predictions which is every four years will pass, and Bitcoin will dump the price.

Do you know what's funny?
That despite Bitcoin having two downs and 3 ups since 2017, 5 years ago the price was $15,201, so, up down up down and we're back in a 5% range.
If it goes up by 2k every year and then goes down by 20, all those thumbs up mean nothing.
But then again, it must go up at least by a few couples of thousands, another bearish year is just too much, things start looking better even for global economies, the doom and gloom news is on its last legs running out of steam, so probably we're going to have a crypto spring too.

We will be lucky to stay over 20-22k for much of 2023.

I'm very positive that Bitcoin will be "UP" or good compared to the last quarter of the year 2022, but not as high or the new all-time high as we experienced the last year 2021.
Since Bitcoin block halving is expected to happen in the year 2024, then I expect we will have more sideways this year but I don't think so we will do a price action just like in the year 2021.
This year, I can relate it to like years 2019-2020 before.

Just a quick reminder for those who think that 2023 will definitely be an up year just because of the pattern: Past performance is not indicative of future results. Patterns can happen — but just as easy as they form, they can break just as easily.

To illustrate this look at the 1992-2003 chart line for gold

1992 peak 400 or so
 1993 to 2002 mostly close to 300 never under 200 or over 4000

2003 back to 400

2004 and up up and away.

who is to say the 4 year pattern for btc locks in for the next four jumps.

we could do a long flat slot say 14k to 22k for years.

like gold did in 1992 to 2003.

Looking at the past price performance of Bitcoin here, I could see we've always had price up year for Bitcoin not basically that it will create a new ATH but a relief rally from a long downwards trend a year before the halving year , which you could see happened in

Year 2011

Year 2015 and

Year 2019

Therefore, from the overall view I think same thing might happen and a possibility that Bitcoin will also end the year with a high price than the current price base on BTC historical performance before halving.

I would guess that is what they mean, but it does not matter because even if it is a recurring pattern there is no way to know beforehand if we will see that pattern manifesting itself again.

So it would be a mistake to make any kind of financial decision based on such a pattern, then if anyone is thinking about investing more money in this market they need to do it only once they have made sure to make a detailed analysis about the markets and they are convinced they will be able to hold their coins, even if their most negative scenario presented itself.

So checking it seems like comparing the price from the beginning to the end of the year. I'm more hopeful that we'd be seeing up this year, not by much still but relatively better than what we had the last year. I reckon as long as stuff like the FTX/Luna fiasco doesn't happen, the market wouldn't take any sudden dips and would just do a steady sideways move, maybe up to $25, or $30k.

It's still going to be a waiting game though. If you were deciding to invest, I mean, most would say we're already at or close to the bottom, so I reckon it wouldn't be that bad to put some money into it. Any possible losses would be bearable compared to investing in the past year anw.

If you will just look at that picture that the OP has shared, you will see that there is a pattern and if we follow that pattern, we will see that 2023 will be up and that's good to see. However, always look at the other side of the story and always think that the past performance doesn't tell its future performance. What might happen in the past might not happen in the future.

As for me, I'm a believer of cycles especially the 4-year so I expect Bitcoin to go up this year or at least higher than its price before entering 2023. On the other hand, even though I believe that it will be going up, I'm always ready if things will not go the way I expected. We might see Bitcoin going down in 2023 and that will break the pattern OP has shared.

I believe that 2023 will be much better compared to 2022 but that doesn't mean that the worst is over. We might see more negative events that will affect the whole market this year. We don't know so just be ready.

That's a very quick prediction, actually in this month or next month don't know what will happen next, but looking at the movement and graphics in the picture that the OP shows this year should be a good year (UP), but back to the essence of Bitcoin it is very difficult to predict accurately, it's just that it can be predicted according to the charts that have been running in previous years, now the steps we can take are to see and analyze and examine what happened to the Bitcoin halving cycle in the past.

For the situation in 2023 so far we have not been able to analyze it accurately, now we are in the market base estimate, it is very likely that the market will go up (according to the cycles and charts that have occurred some time/year ago directing and pushing the market to go up.

From the chart provided by OP,it shows that bitcoin might hit the bull market this year but we don't know the actual price that it will rise up to. Though,this doesn't give us assurance that it will go in that pattern based on previous records.

Bitcoin is cyclic in history and we are hoping to see history repeat itself again this year but how soon are we expecting this increase in price. This is a year for bitcoin investors to gain back from their last year lost. We should also be ready to face the unexpected this year in bitcoin price and take advantage of its outcome.

We also see a potential recovery for bitcoin this year, but don't know exactly what price it will be, yesterday I saw a post made by Ratimov, he said even 88% of bitcoin is currently not on the exchange and I started to think about the supply relationship and demand will start working on the market, although there is no certainty that the market will be fully affected by this, but it seems that bitcoin will be getting closer to a sideways cycle.

There are cyclical moments that go on all the time in the market, both bullish and bearish and there are some quick steps we should take this year to get into the market and buy some bitcoins to capitalize on the next price hike, the four year cycle is just around the corner for we enjoy, if true a four year relationship will always bring big changes to bitcoin's rise and hope we are in the right conditions to generate big returns investing in bitcoin this year or in the next.

I think 2023 is a perfect year for crypto accumulation, crypto market will start gearing up for the next huge moves this year, Btc halving will also be another big boost for the market in April 2024. I refuse to be a sitting duck this year.

If you are a long-term investor like me make sure you put your mind on 2025 because I believe that's when we will see another ATH for bitcoin, always take advantage of the dips and they won't last forever.

We don't know if this year will be the year where investors can return to profit from previous losses, maybe the time will be longer but those who are never in a hurry will get better results.
The picture that Op included can be a consolation and raise optimism for this year, but we have to be prepared with all eventualities.

Everyone need to know if the Bitcoin price at 1/1/2022 was $46,000 do you guys really think this year the price can be higher than $46,000? to be honest I really not sure it will happen. The difference is really high since the current price is $16,000, so my vote is down in this year.

If Bitcoin can reach $30,000 it's already an achievement since this year we will suffer economy recession where not many people will have a lot money to invest in high risk asset like Bitcoin.

Hard to tell at this point because it does seem that the market price of Bitcoin will again break its all time high in 2024 because of the anticipated Bitcoin halving. But I don't want to close the doors for this technology's chance in 2023. It is still too early to conclude but since problems or issues which made its market price fall such as inflation, FTX incident which is still fresh, and the likes are still present, then it is still blurry to see a huge uprise with this market in general. But if there will be news for this year which would be positive towards this industry, ofcourse that would give the market prices a lift because the interests of investors will again be caught.
Well actually if it is only profit, investors may still be able to earn such thing through ups and downs of this market. Try Futures Trading wherein investors may sell short to earn profit market price downfall but that won't be easy ofcourse. You'll be needing fine analytical skills not to mention how hard to predict market prices are due to market volatility.

I believe it will be. I know it hasn't been that great for a while, but I believe that it will be a great up year for sure. We just need to end up with a good reason for it to be not a great big problem and in order to do that we just need to have some belief into bitcoin, if you believe it enough then it will happen.

This isn't just for one person of course, it is for the entire market. I mean if you believe it enough as a market then it should be doing a lot better in the long run. Bitcoin already had the worst possible year, we are not going to end up with following that with a big bad year again, it will be a good year, if not the best year it will still be just a good one at least.

A year of dumping seems to drain all those with weak hands and the rest are all bulls.

It hasn't happened yet that Bitcoin is DOWN for 2 years which we could relate to its cycle as to how it works. Maybe it will be UP for the rest of the next 2 years and back down again after reaching its ATH. We can only hope it will follow the cycle. For if it won't then it's really a loss again for those who are banking that the cycle is going to happen.

No one really knows on what would be the next year or in this years situation if we do speak about Bitcoin or entire crypto market whether it would be down or up.Yes, we could really make out some patterns but
it doesnt mean that it would be following those patterns that had been formed back in the past or in previous years.So its a matter of yes or not would be the answer with these kind of questions.
Whether we would really be seeing up or down but lets hope that this bearish run would be over and see up some green candles for this year.Im not really that anticipating or hoping that much
because i do make myself able to avoid on getting disappointed on what the market would really be able to show for this year.Just go with the flow.

just go with the flow and stick to our main goal. Remember that the new ATH has not been reached and currently our position is still far from the previous ATH. It is hoped that 2023 will be a better year with more significant price growth. Expect the bearish movement to end soon and a bullish market to come soon. At the moment, the bitcoin price is still stable in the $16k-$17k price area, it is hoped that this month it can penetrate the $20k price and continue to grow without significant obstacles.

Yeah, we didn't even finish the first week of January so maybe there are still recoveries that will happen starting from the second or third week of it. It could also be possible that the first half of this year is going to be bullish and then the second half would be bearish. Just because there is some kind of pattern in the history of BTC does it mean it will happen again? Maybe yes but maybe this time will also be different.

It won't hurt that much knowing that this year isn't totally a bearish year just like the last time so most of us have already sold some of their coins and enjoy their profits and then next year there will be another bullish year again for us to enjoy.

2023 will probably be a recovery year if there are no more major FUD news as was the case some time ago. A recovery year will provide an opportunity for bitcoin and altcoins to start recovering from their current prices to higher prices. everyone's hope before the 4th halving occurs bitcoin is able to reach a new ATH again, but at least it can be the same as the previous ATH. 2022 has been a year full of crashes and drama, resulting in many losses and those who have been able to survive until now still have to be patient, waiting for the market to improve again.

It can be an "UP" year for bitcoin, but keep in mind if bitcoin is currently pricing 16,800$ and we end the year with bitcoin pricing 16,900$ it will be already considered an "UP" year accordingly to that image, although it doesn't reflect real gains for real in investors' pockets. The tendency is that bitcoin continues stable in 2023, but from the profitability point of view there aren't any good indicators yet.

Seeing what most before halving year brings? yeah I also stand with these figures .. 20-22k is practical price because mostly year before the pump is dumping  and I completely believe that we will be seeing more bad than good comparing to 2022.
it can be up, but it can be down right?

If we are long-term investors, we have started accumulating bitcoin since 2022, not waiting until 2023, but if anyone has not accumulated enough bitcoin for themselves, this year will be the last year we accumulate bitcoin cheaply, IMO.

Bitcoin depends not only on the halving but also depends on the world economic situation, but it is likely that 2025 will be a very favorable year for bitcoin or other investments as the economy begins to recover at that time.

My prediction for 2023 is still a bearish year even though we might see minor bitcoin rallies, but overall still a good year to accumulate rather than sell your bitcoin.

Maybe this year we will continue to be in a decline until the third quarter due to the impact of the continuing global economic turmoil, but I believe that at the end of 2023 we will be in a bull market as a result of the impact of the bitcoin hype halving that will occur in in 2024 because we know that the halving is the most anticipated event by many investors so that when it happens it will make the market experience an increase in prices to a higher level.

It's all still a mystery. But some say that 2023 is the year of the rise of bitcoin again before it can create a new ATH in 2024 and some say bitcoin is still at its current price, at least until the end of the year and so on. But whatever it is, before bitcoin starts to increase, we are still given the opportunity to buy more bitcoins because after the price increases, we will see how much profit we can get. So whether bitcoin will rise or fall in 2023, we must prepare ourselves as best we can especially to welcome the rise of bitcoin again.

We know that world economic growth is currently deteriorating from all sectors plus some irresponsible speculation currently circulating which can mislead many investors and crypto users, many companies are currently experiencing bankruptcy, the fiat market is currently oscillating like foam in the ocean.

Everyone hopes the crypto market changes in 2023 and beyond, that's hope, we know only the current crypto market is still a good destination for investors and trading, although there are some exchanges that are experiencing financial problems, I'm sure that judging from some good data and speculation is not misleading, this year is the start of the overall growth of crypto and its way to the top.

To be honest enough no one has really seen the future. Whatever we are stating here is based on assumptions and estimations. The OP has really provided the true graph that Bitcoins often follows. So yes there are high chances that Bitcoins will break its ATH this year. Moreover if we see more depth about the rise of Bitcoins, then it happens during the September-December range in a particular year. So yes lets see what happens in the later part of this year. Many hopes are there on Bitcoins and I am sure Bitcoins won’t break it.

From the image you provided it seems to be "up" logically maybe could likely be partial uptrend within the limits of $16k to $25k till next year, before we could see a potential Green throughout. Just as many already said it could likely be driven by forces or information maybe events, if there's any bad occurrence then we may experience more dip.

up comparing to 2022? well chances are there but expecting this to happen against 2021 ? that is more impossible to expect  ;D

UP is the best expectation for everyone supporting bitcoin but as we knew there is a close time coming to Halving so expecting here like that? maybe it is more practical to me.

Up towards the coming year but not about each ATH i guess? and indeed that is 16k to 25k ? would be there for something practical .

Yes, as I have said recently, we will most likely close the year in the positive, although it does not have to be a large increase from the current price level. Closing lower would be a catastrophe and would break the pattern of previous years, but let's not speculate on what is unlikely to happen. [


Of course, apart from a certain price trend dependent on the cycle and halvings, we will have to see what news there is this year that affects the price.

Depending what happens on this week CPI report it will say a lot about bitcoins future. Basically we are expecting 0% CPI so if it’s deflation then it’s great for stocks and crypto but if it’s positive then it’s time to worry.

Means fed might hike more since the economy is way too strong and with the tight job market they will have no choice. We don’t want that. We want to see deflation and unemployment too tick up so it means rate cuts are in the near future.

According to the chart OP provided, predicting 2023 will be a bullish year, I agree we will have a "bullish" year, but that doesn't mean bitcoin will be able to break ATH this year. That's an exaggerated prediction, as the ATH can only be generated after every halving. 2023 will be an " up " year, which means bitcoin could hit $30k or $40k, which is also considered a bullish year for bitcoin. Anyway, that's only a speculation, let's wait and see if bitcoin creates any surprises.

Coming year 2024 from all clear indications should be something certain to gain another ATH. What i meant by $16k to $25k was my speculations how it would be but doesn't mean it will be that way which I am not sure. So there's every potentials for changes or possibly a great event that would likely increase the market. Get important thing at your back end that no one is an expert to know about bitcoin price, all everyone is doing over is mainly predictions and speculations.

Initially though, I' still seeing a bearish market this 2023, but if we look at the previous yearly candles, it's possible that we might have a small bullish momentum entering 2024.

So yeah, long term prediction from me says that we might be around $20,000 to at least $30,000 if history is going to repeat itself again. It might not be that huge increased, but at least no more lower lows which we don't like in a bearish sentiments.

The end of January looks like it will be quite interesting to see the price of Bitcoin, other than waiting for the CPI decision we don't think it will be the least bit disturbing. The reason is that Bitcoin experienced a plummeting price when FTX was rampant. And from the beginning of January to the last week, Bitcoin had touched $ 17K as a sign of a good start. However, usually in the middle of this month, speculation drops a little, namely a break below $ 17K until the close of the month will return again above $ 17K.

Thank you in advance for showing a hint of hope that bullish will occur in 2023, even though basically we don't know what it will be like this year.
The shadow of recession and war has become a fear to invest in Bitcoin which has a high risk, exchanger crashes and others add to the complaints of longtime bitcoin holders hahaha.
But basically that
happening is a normal 4 year cycle that happens in Bitcoin.
2024 halving is the hope of bitcoin investors to sell back at the top or even my new ATH too
looking forward to it.
If you think about it, it's still quite a while and the price is still under $20k which is an opportunity to continue to accumulate bitcoins.
I think 2023 will be a sideway year or bitcoin winter.

Based on your image I would say it would be up but it is not 100% guaranteed that they will be up this year (but I am hoping too). Just to manage my expectation and also not expect more I would say that this year would be better than last year also that pattern may break this year if we see again a downtrend (but please not) as we can't predict the market. Let's see by the end of the year, there are still a lot of months to get through. Why I expect most this year is that there is no big bad news so the price by the end of this year is strong

The first quarter of the year might still go down but hopes are that we will have greater percentage of upward move in 2023 compared to last year which was massively bearish. But if the trend should repeat what has been occurring in previous years where we get 3 up trend and 1 down trend then it will be a good tool for future predictions. The end of 2023 will show if this trend can become an indicator for long term investment.

Today the price of Bitcoin is increasing again in the market and is above $ 17K so this can actually also be a special indicator for Bitcoin that this month it is still very possible to continue to increase to a better price level than now, although it is still possible to fall again there is. But if the volume of buying Bitcoin continues to increase every day in the market, I think the potential for price increase will be much more visible than the potential for a decrease which probably hasn't disappeared in the market either.

we are still very early for this year to conclude what's gonna be the overall performance of btc. however, we can always speculate about the market. don't expect too high as it may affect your decision towards your coins. we don't have guarantee that it will follow the trend because every year, the factors involve are changing. of course, we can always look at the positive side as the adoption is increasing. but we don't know yet what are the news that will significantly influence the movement of the market.

Finally, bitcoin price has returned to $17k after being under $17k for so long. This is a good sign for bitcoin because this situation could continue and make the price of bitcoin go up again. There is a possibility that the bitcoin price will break to $18k this month but if not, maybe the bitcoin price will stabilize at $17k-$18k. There are still many possibilities that can happen to bitcoin and we should be careful and alert because a decline can still occur so we need to prepare more money to buy at lower prices.

It is obvious that this year will be an up year, there is no doubt about that in my mind at all, it's going to happen without a doubt. Obviously there could be some sort of discussion and there could be some people who will disagree with it, but that doesn't mean that they are right and we are wrong.

We had one of the worst years of crypto and we need to just recollect ourselves and when that happens we are gradually going to start going up. That will be a great period when it starts, and 2023 will be the start of it. We will go up a bit this year, a bit more next, and a lot more after that so if you want to invest, right now is the best time, after that it's going to be just more and more.

Im not really that making too much been expecting about on how Bitcoin would be increasing its price for this year into next year yet everything could happen.This is why it would really be that wise
that you should know on when to take up some action whether you would really be that selling into those small increase increments or would really be holding up your position and this would really vary.
For this year then it is really good to look that the price had moved up a bit but i do expect for some corrections.It is really the best time to make out some buy and sell and making out
some scalping if ever you could be able to do so.

Not going down is an upside imo and as the table above reflects its a fair take to say we are more probable to rise after such a rise.  The real limit is up by how much, this part could be some disappointment to many.   We may peak mid year, rising only to fall back on register at year end a small gain compared to what could have been and to me that volatility is what I'd expect more then any fairy tale recovery this year.

It is true this is a pattern we have experimented in the past, and I will admit that it is possible we will also experiment it during this year and an increase in the price of bitcoin could happen.

However those patterns are the result of thousands of different factors and we cannot simply assume that just because things have been this way in the past they will be in this way in the future as well, previous patterns get broken all the time and it is important to keep our eyes open just in case this were to happen and instead this was a negative or a relatively uneventful year for bitcoin.

we are all free from predicting and from speculating but never expect too much , still holding long term or at least semi long term guys .
this is not perfect way but we can be sure of saving our funds in some time from here.
2024 is what we expect to be the booming again so wait till it happens.

Right now Bitcoin has seen the appearance of an upward graph, it looks like the wishful thinking for this year will be bullish, it is likely to occur, in 2023 there should be an upward movement, it can be seen through the simple graphic movement that OP gave that this year shows an UP year , and analyzing the market movements of the last few days Bitcoin starting to penetrate to the price of $ 17k can be expected to be the first step for the bull market in 2023.

If we want to sell bitcoin, we must have a calculation by making an analysis at what price we should be able to place a selling order so we can estimate how much profit we will get. If we can accumulate more bitcoins now, we can hope to get a very big profit because I predict the next increase in the price of bitcoins will be very high and many of us will be surprised to see the numbers.

The correction will continue until later, when the price starts moving up. But if you intend to scalp, I hope you take your time placing buy and sell orders and maybe you can wait a while to sell them later.

Based on the image in the OP, every 3 UP cycles have always been punctuated by 1 DOWN cycle in the last 12 years. So there is a possibility that in the next 3 years ^{[2023, 2024 and 2025]} it will get the same pattern where UP is expected. I don't think we can say for sure, but anything is very possible considering the upcoming halving.

I also don't expect bullish during 2023, but price increases can be expected and maybe it will be more than $30K. So just be optimistic about 2023 although the analysis is not always correct.

Based on the picture, there are two possibilities, namely up and down. Actually this is not the desired answer, but here I am still trying to understand the meaning of up and down Bitcoin prices.

If what is meant by up is that it will pass last year's highest price and down is meant to be back below last year's price, then I personally still cannot provide an analysis of what will happen this year.
But I have a little view if this month (January) the price of Bitcoin can be at $18K, then I think this year there will be a lot of upward trends considering that starting from the 1st to today the 9th, a positive trend began to appear.

CPI report is just a temporary measure to pump or dump the bitcoin price. Usually, we have seen that the price become more volatile on the date when CPI data is released. CPI data will have zero impact on the long term price movement.

I do not think that 2023 will be a bull year. Yes, we may end the year with higher prices as compared to end of 2022 but still i would say it is an accumulation year where bitcoin price will mostly remain in range bound.

I agree with your statement, and it may seem true if it is correlated with the current state of the economy. There is no year of the bull during 2023, in fact I wouldn't expect it even if it's not impossible.

In my opinion, the current global economic condition is really disturbed by various kinds of problems. The war has not stopped, inflation continues to increase and even a recession is very difficult to avoid. As a result, interest in bitcoin and other investments has become somewhat tempered by large investors even though they are also looking for the best ways to hedge their currencies in various investment instruments.

I will just narrate this from my own understanding concerning Bitcoin increment and Bitcoin decrement, some years differs concerning Bitcoin increment or rising, for example, you can't compare the massive adoption of Bitcoin in 2020 and compare to 2021, so adoption or embrace of Bitcoin determine the factor that is behind or uplift the increment, so this from my understanding over Bitcoin investment.

If we look at the four-year scheme, then this year should be the start of bitcoin's journey for a more stable price before reaching ATH, so far market conditions have shown improvement from the previous correction process, but have not moved far from $ 17K and I think this four-year scheme will give birth to a new price for bitcoin, as evidenced by the previous ATH achievements.

And I believe that this year bitcoin will recover from the correction process, but I don't know exactly in which month it happened, but it seems that March is the first step before reaching a more stable stage.

Bitcoin drop so low last year so yes for me I am expecting it to go higher than what it is right now by the end of this year.
The question would be when would this pump start and how long would it be? I hope that it wouldn't be just another pump and dump scenario when it starts to recover.

Every individual has a different analysis or prediction about the price of Bitcoin in 2023, but even though there are changes and decreases in prices, it cannot be predicted that Bitcoin will increase in 2023. There are some users who believe that in 2023 there will be a price increase, but not a few are skeptical. Since Terra Luna was destroyed, the crypto market also collapsed, this condition was followed by the bankruptcy of Celsius and FTX. After a very tiring 2022 with a Bearish tint, investors are pinning their hopes on Bitcoin in 2023.

I wouldn't be surprised if the next bull market starts this year. If Bitcoin regains its momentum, we may see a high price this year from the beginning of the year. And of course, hope we don't see something like Pump and Dump this year. There is still a lot of FUD in the market but despite all the negative news Bitcoin is recovering a lot. But if the bull takes control of the market again, then such FUDs will not be able to create any major impact on the market.

It should be a bit good but it's really undecided for now. We have been only a small part of it so far and it doesn't really say much so far. We can not possibly know what is going to happen this much beforehand, it just doesn't make sense yet and that is why I doubt that it should be anything important just yet.

I know that people are expecting to hear "it is going to be an awesome year!" or even "it will be a terrible year yet again!" from others, and that is understandable but the reality is that we are not going to really know if it is going to be good or not just yet. It requires a bit of time before we could know what the direction looks like and without that time we wouldn't be able to say much.

No conclusion can really be made wholly correct. 2022 is bad because bitcoin lost more than 75% of its value since ATH, but anyone who knows what the benefits are then of course they really wouldn't say it's bad.

Moving on to 2023, we have gotten off to a good start as a rise and break of the $19K resistance has been a good start for the recovery. I can't say anything right either, but I think 2023 is a year to invest more in bitcoin.

Looking at the situation right now, it looks like the price went a bit and that means we had a good start, doesn't mean that it will go like this forever, of course there could be a situation where it may not end up being awesome or anything like that. But the reality is that we are going to end up with something that is doing a lot worse.

I have to say it is going to be pretty tough situation to be in if we end up at the bottom levels again, which is not impossible of course it could happen but we all hope for it to not happen anymore, we imagine that it is going to be a quite tough situation to handle it all but I believe it could happen. Just need to be careful.

From the picture you've shared, it's three consecutive years of bullish momentum that is followed by a single year of bear rally. However, the time of pick for each "UP" in a year isn't identified. I said this because I know there's no particular year that price was UP throughout the year. Just look at 2019. That was the period of the coronavirus outbreak and we know how price dwindled then before it picked the following year being a Bitcoin halving year. 2023, from your picture, is expected to be UP. For me, I see that "UP" coming in the last quarters of 2023. It's very unlikely that UP will dominate through the year.

So far, nothing has significantly changed in the world. The war between Russia and Ukraine is still going on, and this has a great impact on energy and food. The crisis hasn't gone anywhere, either. The fight against inflation will continue into 2023. So it seems to me that 2023 will not be any special for cryptocurrencies. I'm just waiting for a recovery.

Analyzing the crypto markets, it can be seen that most of the time, if the market is good in one year, the market position is bad again in the next year. And this is the religion of the virtual market. If we look at it, we can see that last year the price of Bitcoin reached the highest level of 68 thousand dollars. and later in 2022 the Bitcoin market reached close to $15k. This implies that the Bitcoin market will again grow to a high level in 2023 and it is likely to grow slowly. as the Bitcoin market is over-dumped, it will take time for the price of Bitcoin to rise, so I think it's best to invest now.

The bitcoin trend will usually go up after the previous year dropped, if we pay attention to trends like this that are often repeated, the growing community is the reason that bitcoin's potential will skyrocket in the future and specifically in 2023 I'm sure it can touch at least 2x from the current price, now is the time to continue buying before the bull run occurs.

Everything seems to be moving in a positive and optimistic way for the recovery and the market structure is taking shape this year.  23k is an impressive price to give impetus for the next bullish formation.  I also think this is the right time to continue rebuilding investment portfolio, the price of bitcoin and some altcoins is right for long term target, bull run will be 2024-2025 and will be great  better when we end 2023 when bitcoin is at 35-40k.  I think the market could slow up and retrace a bit at 18k but will keep the momentum going.

Today the Bitcoin price increase is almost $24K and it looks like Bitcoin will indeed end the month in the $24K price range which is great for Bitcoin in its recovery at the start of the year. And for a price that is 2x the current price, it is clear that it is still very possible for Bitcoin as long as there is no further correction that is too big, but I don't think that the range of $48K - $50K will arrive in the first quarter of this year. Because an increase always takes more time than a decrease which can happen in an instant.

We have seen this already, after reaching this high, there is some minor correction. So hopefully this time, reaching $23,500, we can bolt out and move to $24k. That's how it has been in this run since the beginning of the year and hopefully it won't break the pattern. Might be better to see $48k-$50k this year, no need to a quick and very fast increased and then follow by a huge correction. So yeah, the increase will take some time and it's going to be better than that. But for now it's better to see how this run will go, I think $25k will be the first goal for this quarter.

Following this chart shows that the current bull run may start and this is a sign of that. Bitcoin is suddenly preparing for a major pumping. Many may have missed their chance before realizing it. Because it has been consistently bullish since last week. As a result your chart is in a more reliable position faith. However, many think that the CPI report has temporarily increased the price of Bitcoin and many think that Bitcoin has started to become bullish. By next year of 2024, Bitcoin may surpass its predecessor ATH.

It is dangerous to only base our predictions on a picture about the up and down cycle for bitcoins, but there is a lot of optimism about this year and I am positive too that this year will be a good year for bitcoins. The picture you provided OP gives me hope and encourages me to find a way to get more bitcoins for this year. 2023 will be a good year.

That is your assumptions or narratives, because the up going the price of Bitcoin does not have any fixed time or specifications for increment,  the price of Bitcoin is determine by the demands and supply of the market, which it can happen now or next day because of the volume of the market. So no particular time we can say that it's fixed for Bitcoin market increment. Some of those analysis is assumptions from different people understanding of the market.

The variation happens in accordance to the demand and the supply. As for now the market is in good position and we don't know what happens by the second half of the year. Just think of the previous year, when the market is predicted to bounce continuously it started to fall down as more and more negative news connective to cryptocurrency market started to roll out.

The rising has started since the beginning of this year. We already experienced big decreases in the whole of 202, the market doesn't need more downwards to recover. So, a half year for another downward isn't likely to happen. You must realize that there is a constant positive trend. It is supported by more good news and fewer bad news. I am very sure 2022 is another Bitcoin UP, it is probably the same as in 2019 and 2015.   :)

What makes the picture dangerous?  ???
People surely make a prediction not only based on the picture, but they also use more sources to provide a prediction.
Regarding the picture, it is not a meaningless picture. It is created by analyzing the data of the history of previous Bitcoin Up and Down in each year.

The price has gone up more than 40% when compared to the end of the year and makes us worthy of expecting a lot in 2023, we must forget the dark story in 2022 and prepare to welcome the New ATH this year, do not panic and easily sell when there is a correction, because the market will immediately rise and make us regret if we sell at a cheap price.

For those who experienced similar dark stories in 2014 and 2018, last year must be just another year and nothing to remember about that which may impact the future. Similarly, you might need to wait till 2025 to see a new ATH as no bull trend is stronger enough to sustain and to take bitcoin market into a new ATH immediately. We need to face another shorter bear conditions by the middle of this year as this year is usually to be a sideways market in the bitcoin's four year long market cycles.

Bitcoin market is known for that kind because in long run bitcoin is usually keep raising hence every seller will regret after certain time frame. For example, people who sold in 2021 around $65k might be proud of their decisions but if they do not buy back now then will definitely regret by the beginning of 2025 when bitcoin will be testing new ATH.

In my opinion, panic sell is a curse and everyone should overcome this situation to make profit. Till now, Bitcoin is growing perfectly in this year and it is a good sign. It is not sure that Bitcoin will be able to reach new ATH in this year because worldwide economic condition isn't going well. But Bitcoin will rise more day by day and we are getting result already.

Well yes I do think we will see a up year for Bitcoin in 2023. I am still waiting for that important 25k price before I will begin to expect and hope for a 'bull market'.

I am reading many people online saying big numbers this year. I even seen someone say Bitcoin to 50k by end of year, which I do not find realistic. But wouldn't that just be something special if it did happen. I will be happy with price of 30k by end of this year.

If the last price in 2022 was around $16 and the current price is around $23k then there has been an increase of more than s333, this makes us optimistic that bitcoin will rise or recover, even many analysts believe that by the end of 2023 the price can pass the ATH which This has happened before, our focus now is to continue buying, we can get 100% or more profits this year.

Targets of $30,000 or $50,000 by the end of the year are still possible as by then, they are very close to halving. But what matters is what happens between now and the end of the year because we have 11 months to go until the end of the year. I also believe that 2023 will be a bullish year compared to 2022, but there will be fluctuations and a final correction to bottom this bear season before the end of the bear season in preparation for the halving and bull run.

There's no need to panic and it's easy to sell during a correction but instead, use that moment to buy more at a low price. I hope this year will be a price reversal for bitcoin and altcoins. But if that doesn't happen, I can still wait a bit longer and try to increase my bitcoin amount. But I feel that the market will not go up high immediately but is still going up gradually and correction will still happen again. Meanwhile, we don't know whether the new ATH will occur this year or next.

We need to always remember that, after a big bull market, the bearish market arrives. So yes Bitcoins are definitely tend to rise in this following year. Moreover if you see the previous charts the Bitcoins always repeats the growth. And this year, it is expected that the price will grow. Moreover Bitcoins have already shown positive attitude at that starting of the year, so if this pace is followed here, then definitely the year will be big for the coin. Now we have to just keep the pressure on Bitcoins by increasing the demand, and hence the price will go to the 35k usd range.

2022 for me is a favorable year and nothing to be afraid of, I have used a lot of opportunities to buy high discount bitcoin, and I am really satisfied with what I achieved in 2022. Although bitcoin has been up 40% since the start of this year, I don't think bitcoin can continue to rise or hit new ATHs for the year. I still believe that history will repeat itself, we will only really enter the bull season, and bitcoin will hit ATH if and only if the halving occurs.

Bitcoin price growth has indeed started to improve in the first quarter of this year, but I don't think that Bitcoin will reach a new ATH this year because the price increase that occurs in Bitcoin still looks slow even though it is proven to be moving in the market. And it's true that selling assets like Bitcoin while the price is increasing is a mistake. But for those whose job is to trade with Bitcoin, they will definitely sell when they have made a profit before they buy back when the correction occurs.

I really agree with what you said because I also believe that within this year it is unlikely that Bitcoin will immediately reach a new ATH although it is also not impossible to happen. But with the huge drop last year, it's clear that Bitcoin is a little bit hampered from reaching a new ATH directly this year because the time needed for Bitcoin to reach this big thing is not small.

A correction is only a small decline so it's not something that can make us panic but if the price drops further then there might be more than a correction but again like you said, instead of panicking it would be better if we can use that opportunity to buy more coins knowing that we are talking about there is bitcoin and not any other coins.

And like you many are also hoping for a reversal but it seems that your guys' wish is coming true because the price still continues to increase. I remember we start this year with a $17k but look if where we are at now, we are at $24k already. That's quick but this was a great start for this new year 2023.

It is not the matter of analysing the report for 1 year. Bitcoin is growing continuously and we know everything has some limitations also. Price can be dropped or manipulated and it may happen for different reasons like correction, economic condition, demand supply, influence and others. We have to think about buying opportunity rather than discussing about new ATH.

I'm not specifically aiming for 3x or 4x its lowest price in the last year, but I think $30K seems very likely during 2023. Being $60K requires a lot of investor support, but if market demand increases month by month, then of course $40K to $50K can easily be raised. I tend to expect that over the course of 2023 the bitcoin price will not go lower than $20K, but if the market does otherwise then I expect $10K to buy the lot.

Right now the price of bitcoin is $23K, and I don't get much of a reason why it should go down to $22K or $20K during February. So $22K support should be strong on my side.

If we look at the current condition of the Bitcoin price, of course in 2023 Bitcoin will rise. But if we refer to the previous years, the current rise in Bitcoin price is temporary, meaning it is not entering into a bullrun that could reach ATH.

I have said this before, I think ever bad year has a following "meh" year and that's exactly whats going to be like. Do you guys remember 2019? What do we have that is from 2019 which stayed in your mind? It wasn't the year ICO's started, it wasn't the year NFT became big, it was a "meh" year that basically nothing major happened. There was a small increase, about a x2 levels, which would be 40k or even 35k for this year, because our bottom in 2022 was around 16-17k range, and x2 of that would be max 35k, same as the bottom of 2018 became x2 in the 2019 year. Thats about all that we can hope for it and that's about it.

The target for a $40k increase in price is very realistic to achieve this year rather than aiming for a predicted price high, bitcoin price has recovered at the start of the year and indicates a further increase in the next month but we expect no bearish impact this year, the market has been very suffered last year and now is the time to reach the high price again that was achieved before.

As per my prediction that February will be a market correction due to last month's increase, we cannot confirm the strongest support at $22k or $21k because the market is still sensitive about interest rate news from the FED decision and some other news factors that may affect the market price .

This is a good description of what this year could be, we are seeing signs it could be a positive year but at the same time we must not expect much out of it, as the halving is still far away and it is not as if the world economy is showing an incredible growth either, so a mediocre year is the most likely option for 2023, however when compared to the incredibly difficult year 2022 was I will take a mediocre 2023 without even thinking about it over the alternative.

The bad trend that has been going on for more than a year has of course made many stop and choose cut losses, of course this is an important lesson for us that investing in cryptocurrencies needs patience, now the price has gone up more than 40% and in my opinion there is still a chance to get profit, I'm sure the price will continue to rise and soon to touch $ 30k in the current month.

Bitcoin still needs time to rise high or reach a new ATH, which will happen this year or next. And 2022 is indeed a profitable year because we see bitcoin at rock bottom, giving us big discounts to buy bitcoins. But some still don't use it to buy bitcoins because they still hope the price can go down even further.

But that was all in the past, and now, the bitcoin price is at $23k. Although now the correction has come again. But that's okay because, in time, the bitcoin price will pick up again, and hopefully, next week, there's a rally for the bitcoin price so it can break even higher.

And if a correction still occurs next week, we shouldn't panic because we won't see that it's an opportunity that we should use to buy more bitcoins. This will give us the opportunity to have more bitcoins than before, but we must remember that investing in bitcoins must be with the money we can afford.

The price reversal will happen again. We don't need to worry. It's true that you said that we are now at $ 23k, which shows that there has been an increase in the price of bitcoin. This situation will change when a rally comes to the market, which will make the bitcoin price go higher, and it may break through the $25k level after previously bitcoin broke the $24k mark.

As we have seen in previous months the market was very suitable for getting profit and during these days the price of bitcoin is higher approximately 27k$ so people can get benefit from it if they have make some investment in it when there was a price dump.

Investment in Bitcoin is successful but we should think about the price estimation and we don't know that which year will be full of fruitful results and which year will be cause of failure but as we know that the price become down then buy some of it.

This year the price is up and now this is not a suitable time for investment but those who have already buy it can sell it for getting profit.