Bitcoin 12,000 in 2023.

[fadhilz123]

Instead of guessing, the possibility should be carefully assessed and estimated. It is currently quite difficult for Bitcoins to go below the price level of 20 000 USD, at least temporarily. While I can't speak for the latter half of 2023, the current strength of Bitcoins suggests that price will rise. In addition, the demand for the coin affects the price. If you look at the demand right now, it is really high, which is a strong indication that the price will rise soon.

More demand can always affect the price or increase in the price in the market, but for now the thing that is really worrying is a bigger correction in Bitcoin. Because as long as the increase has occurred since the beginning of this year there has always been a small correction which maybe it won't be a problem for some people. But they will be very afraid if there is a bigger correction in Bitcoin this month, because that will make Bitcoin need more time to increase more.

I also don't think bitcoin will drop below 20k in this correction, what is happening in the market is quite positive and I believe bitcoin will continue to rise in the coming days. The target for this rally will be 30k-35k, after which we will have another correction. This year will be the year bitcoin recovers and the market prepares for the bull year 2024.

Bitcoin needs to pass the $25K price level first if it wants to reach a $30k-$35k rally. Because now Bitcoin price is starting to go back under $22K which means Bitcoin needs to increase gradually to pass the $25K price level in this month before hitting a bigger rally in the next month of the year.

[kawetsriyanto]

The news might be an indicator of a decline for bitcoin and in that phase a decline will occur in the crypto market, the issues circulating give bad sentiment to bitcoin maybe we can see that some times bitcoin wants to reach 200WMA but always fails it seems we have to go through another decline to some time in 2023 pivots often take a hit to the market but isn't that a natural thing and it's good news because we can buy more bitcoins when the downturn happens the occasion when bitcoin went down to $15k in the last year a lot of people passed it and finally bitcoin rebounded again in January 2023 then if there is another drop to the price range of $ 12-$ 18k maybe I personally will not pass it.

I don't know how many FUDs or how big the FUDs spreading now. But I think Bitcoin won't drop to $12k - $18k.
The current Bitcoin price is still above $21k and it looks quite strong to stay above $21k. With the optimism of everyone that in 2024 to have Bitcoin halving, I assume Bitcoin price to survive above $20k. We already reached to bottom below $17k last year, I am sure it won't repeat this year since the market trend looks better. The whales are also unlikely to dump the price more and more because they don't want that people lose interest in Bitcoin. 

[romero121]

The news might be an indicator of a decline for bitcoin and in that phase a decline will occur in the crypto market, the issues circulating give bad sentiment to bitcoin maybe we can see that some times bitcoin wants to reach 200WMA but always fails it seems we have to go through another decline to some time in 2023 pivots often take a hit to the market but isn't that a natural thing and it's good news because we can buy more bitcoins when the downturn happens the occasion when bitcoin went down to $15k in the last year a lot of people passed it and finally bitcoin rebounded again in January 2023 then if there is another drop to the price range of $ 12-$ 18k maybe I personally will not pass it.

I don't know how many FUDs or how big the FUDs spreading now. But I think Bitcoin won't drop to $12k - $18k.
The current Bitcoin price is still above $21k and it looks quite strong to stay above $21k. With the optimism of everyone that in 2024 to have Bitcoin halving, I assume Bitcoin price to survive above $20k. We already reached to bottom below $17k last year, I am sure it won't repeat this year since the market trend looks better. The whales are also unlikely to dump the price more and more because they don't want that people lose interest in Bitcoin. 

We can hope for the best to happen as well as do the best to spread the word about bitcoin. This might add few users to the community, but we can't have control over the price. The market is speculative and it can vary based on the news that is being found around. For now there is no specific reason that have the ability to down the price. Same time we don't know what way the FUD or the market is being disturbed. Everything happens in a short and Market crash can be experienced in no time.

[virasog]

The news might be an indicator of a decline for bitcoin and in that phase a decline will occur in the crypto market, the issues circulating give bad sentiment to bitcoin maybe we can see that some times bitcoin wants to reach 200WMA but always fails it seems we have to go through another decline to some time in 2023 pivots often take a hit to the market but isn't that a natural thing and it's good news because we can buy more bitcoins when the downturn happens the occasion when bitcoin went down to $15k in the last year a lot of people passed it and finally bitcoin rebounded again in January 2023 then if there is another drop to the price range of $ 12-$ 18k maybe I personally will not pass it.

I don't know how many FUDs or how big the FUDs spreading now. But I think Bitcoin won't drop to $12k - $18k.
The current Bitcoin price is still above $21k and it looks quite strong to stay above $21k. With the optimism of everyone that in 2024 to have Bitcoin halving, I assume Bitcoin price to survive above $20k. We already reached to bottom below $17k last year, I am sure it won't repeat this year since the market trend looks better. The whales are also unlikely to dump the price more and more because they don't want that people lose interest in Bitcoin.  

Currently we see the BUSD fud Stablecoin Issuer Paxos Is Being Investigated by New York Regulatorbut market did not fall much even though BUSD is the third largest stable coin in terms of marketcap.
This shows that people are not willing to see their bitcoins now as they know that these will be worth many more in the near future.

I don't think we can see 12K in 2023 or perhaps we may never see 12K now if 15,800$ was the ultimate bottom for this bear market.