Is right or wrong that bitcoin price will up to $160k in 2023?

[peter0425]

Most probably in 2026, lol. In theory though, there's no right or wrong in terms of making our prediction. But sometimes it's better if we think logically though. $120K is like 6x of our last all-time-high, so it is possible to reach that high in the next 4 years?

[STT]

2023 is a long time in crypto time I guess is the most positive thing you could say in favour of this prediction but I will disagree and I say I think its unlikely by itself.   The only way I imagine this target occurring is with a far lower dollar value (DXY=50?) and lower usage of dollars for international trade.   Its likely true that if BTC took over even 1% of the trade performed in USD across the world then BTC will rise beyond imagination, just because theres far less supply available for usage so greater division of each unit and a higher price is likely then

Another way to look at it would be the giant support USD receives, the DXY or dollar index is the value of currencies it trades against or exchange rates but each of those parties seems motivated to continue keeping dollar where it is.   BTC does not have that support, its only going to gain support from great efficiency and ease of use imo as the users cannot be expected to be sophisticated in their normal usage

I'll repost the image for convenience -

[wendiar19]

2023 is a long time in crypto time I guess is the most positive thing you could say in favour of this prediction but I will disagree and I say I think its unlikely by itself.   The only way I imagine this target occurring is with a far lower dollar value (DXY=50?) and lower usage of dollars for international trade.   Its likely true that if BTC took over even 1% of the trade performed in USD across the world then BTC will rise beyond imagination, just because theres far less supply available for usage so greater division of each unit and a higher price is likely then

Another way to look at it would be the giant support USD receives, the DXY or dollar index is the value of currencies it trades against or exchange rates but each of those parties seems motivated to continue keeping dollar where it is.   BTC does not have that support, its only going to gain support from great efficiency and ease of use imo as the users cannot be expected to be sophisticated in their normal usage

I'll repost the image for convenience -

From the data that you provide, I see price movements when there is halving, the price will go up to be very expensive, maybe it's also because of the influence of bitcoin which is getting harder to get, making the price of bitcoin more expensive like this.

[tukagero]

Mcafee and other bitcoin bulls told us that bitcoin will hit 1,000,000$ by 2021 so by 2023 it will go up even higher. But its only a prediction there is no proof that bitcoin could hit that price. Just wait for good the things that will happen.

[omonuyak]

There is notting wrong for bitcoin to do too well in future and if in 2023, bitcoin get to $164,000 or above I believe it is a welcome development and many of us that has been holding our coins will definitely benefit from it.

[Duzter]

There is notting wrong for bitcoin to do too well in future and if in 2023, bitcoin get to $164,000 or above I believe it is a welcome development and many of us that has been holding our coins will definitely benefit from it.

Such form of development will surely get the attention of people and are much awaiting for such a growth holding all the assets with patience. A massive adoption could help with a wild growth, which we experienced with the previous price pumping. Any form of growth and fall could happen we need to be ready to face it and get the best through the same.

[LUCKMCFLY]

There is notting wrong for bitcoin to do too well in future and if in 2023, bitcoin get to $164,000 or above I believe it is a welcome development and many of us that has been holding our coins will definitely benefit from it.

Such form of development will surely get the attention of people and are much awaiting for such a growth holding all the assets with patience. A massive adoption could help with a wild growth, which we experienced with the previous price pumping. Any form of growth and fall could happen we need to be ready to face it and get the best through the same.

Is that the prediction could be meaningless if there is no demonstrable technical or fundamental analysis, you may note that very soon many people will join the bitcoin market, maybe new miners, some enthusiasts will buy only by collection or fashion , some traders because it is what they always do, but at such a high price, taking into account that your ATH was $ 20k is broad! It is something very big.

[DeathAngel]

I think 160k in 2023 is possible if not slightly before in 2022. It follows the trend of what’s happened in previous bear to bull market cycles. I certainly hope so any way.

[bitbunnny]

I think 160k in 2023 is possible if not slightly before in 2022. It follows the trend of what’s happened in previous bear to bull market cycles. I certainly hope so any way.

Maybe is possible but that is so distant future. Why are people thinking so far in front when they should be more focused on current situation? Just dreaming about high price and exaggerated values will not bring you profit. Use the current situation and get the most out of it.

[BitHodler]

Why are people thinking so far in front when they should be more focused on current situation? Just dreaming about high price and exaggerated values will not bring you profit. Use the current situation and get the most out of it.

Completely agree with you on that one. The moment we corrected to $17k after the $20k all time high people started about the next bull run going to $40-$50k before the end of 2018.

That's why I'm glad that the crash from $6000 to $3000 made people wake up for once. Sure, there are still these so called dreamers, but you can't force them to turn into an ultra bear. It either happens or it doesn't.

That being said, even though the current price might seem low, it really isn't. I would say that anything between $3000-$4000 is an ok price to dollar cost average, not so much to go big/all in.

My 'all in' moment will be well under $2000 if it ever happens.

[qualitywork]

Speculations are crossing the limit these days, I can understand BTC has the capability within four years. But look at the recent market chart and predict accordingly, we are still in bear from the past few months. 160k is highly impossible within this quick time.

[ajqjjj]

Speculations are crossing the limit these days, I can understand BTC has the capability within four years. But look at the recent market chart and predict accordingly, we are still in bear from the past few months. 160k is highly impossible within this quick time.

Most of the peoples are trying to create a positive rumours in future market. But reality it is impossible to predict the 2023 results, May be this growing faster in entire world surely Big jump will possible at anytime so keep active continuously in crypto trading Because supply and demand is important to increase the price manipulation.

[Danslip]

I guess the alike numbers for BTC after 4 years. People need to stop listening to bitcoin experts. Experts always say to us to buy when prices are high and they come back in the bear market for teaching us how to sell same cryptos.

[icecube45]

No one can predict whether the price of bitcoin will reach $ 160,000 in 2023 or not. We cannot predict that, prices can go up and down in large numbers, so predicting the next few years is very difficult. I'm sure all bitcoin users will definitely expect that because if that happens it will definitely be profitable, especially investors. I hope that is true in 2023.

[St4yInTh3D4rk]

Wow,prediction for 2023? But I feels it really too early just speculate and predict the price of 2019 and make the crypto currencies to step on 20120 first.

I really don't trust the prediction much because the prediction will varies based on how the price chart gets analysed so don't get your hopes to high.

[harapan]

it's too early to discuss this, after all, so far I've never believed in such predictions, no one can guess the market situation. My advice is never to trust this kind of thing.

[Naida_BR]

I hate seeing those prediction in this forum. It is just stupid assumptions about the price with no clear indication of how will this uptrend going to happen. What I want to point out is that there are many variables that can reverse immediately the climate in the cryptocurrency market. An institutional investment that goes public will move the price up and vice versa.

[Roni116]

I don't believe in predictions because basically nobody knows the future. I don't think too much, and I prefer to make a profit even a little in the short term.

[Idrisu]

it's too early to discuss this, after all, so far I've never believed in such predictions, no one can guess the market situation. My advice is never to trust this kind of thing.

It was not made for you to trust this predictions but to see it as a direction and probability of were the market is heading to. It is good for us to have positive predictions than negative one as it more in favor of bull run.

[Slow death]

In the fourth bull run, the highest price of BTC will up to $160k in September 2023 rather than  2021 commonly assumed

$160k?

You are dreaming very loudly, this is a great exaggeration, at the most in 2023 we will see the price from $ 50,000 to $ 60,000. More than that I do not believe we'll see. We have to be realistic if the price is still $ 3900 and we are in 2019 and without any good expectation of being a good year, not even next year we run the risk of ending the year as long as the price does not exceed $ 15000, as you Do you expect the price to reach $ 160,000 by 2023? this is impossible

and in October 2019 BTC will crash down $3000, from October 2019 to January 2020 is the lower price period of BTC, and it will be the best time to invest.

and even then you predict that in 2023 the price will reach $ 160,000