Is the $17,000+ bitcoin price breakout benchmark to new price direction

[Baofeng]

This thread has been open like 3 weeks ago, and today is the last day of the month of January and now we are $23k++. So obviously, we had a break out run already and it could be pushing for higher prices in the next coming months or so.

So this so called bull run at the start of 2023, could really be the biggest indication of what is yet to come for this year.

Yes, we are still in the bear market by definition, but it's not that bad if we see some recovery from the lows of $15k-$17k last year and maybe we can make x2 of that price this year or even higher.

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[Ojima-ojo]

This thread has been open like 3 weeks ago, and today is the last day of the month of January and now we are $23k++. So obviously, we had a break out run already and it could be pushing for higher prices in the next coming months or so.

Yes, we should be prepared for some exciting price recovery this new month as the market indication is showing more uptrend movement, the month of January 2023 has recorded a rapid market growth from a low of 16k to 23k+ price by the 31st of January.

The month of February is highly predicted to be the month bitcoin will cross 35k price and if that likely happens, we should then be sure to have another all-time high in 2023 but that is just speculation anyways and shouldn't be taken as investment advice.

[Smack That Ace]

This thread has been open like 3 weeks ago, and today is the last day of the month of January and now we are $23k++. So obviously, we had a break out run already and it could be pushing for higher prices in the next coming months or so.

Yes, we should be prepared for some exciting price recovery this new month as the market indication is showing more uptrend movement, the month of January 2023 has recorded a rapid market growth from a low of 16k to 23k+ price by the 31st of January.

The month of February is highly predicted to be the month bitcoin will cross 35k price and if that likely happens, we should then be sure to have another all-time high in 2023 but that is just speculation anyways and shouldn't be taken as investment advice.

I agree that the uptrend is still there, and bitcoin will probably hit $25k or higher this February, but the $35k target is too high expectations and too hasty with bitcoin. BTC is up over 40% in January, which is not a low gain while we are still not out of bear season. And let's not forget that the real bull season only comes after the halving, and we are more than 380 days away, so expecting bitcoin to hit ATH this year is too vague. Optimism is good, but don't expect too high, if you don't meet expectations, you will be even more disappointed.

[bestcoins1]

Yes, we should be prepared for some exciting price recovery this new month as the market indication is showing more uptrend movement, the month of January 2023 has recorded a rapid market growth from a low of 16k to 23k+ price by the 31st of January.

January was a very good price recovery month for Bitcoin and it has proven as you said from a low of $16K to $23K+. And now in February there is still a more positive movement even though the correction is still there so that the Bitcoin price is still at $23K+ even though it was briefly in the $24K+ price range. I am still very optimistic that the price increase will continue this month after the correction is over.

The month of February is highly predicted to be the month bitcoin will cross 35k price and if that likely happens, we should then be sure to have another all-time high in 2023 but that is just speculation anyways and shouldn't be taken as investment advice.

If only for this February, I think it will still be a bit difficult for Bitcoin to cross the $35K price range as Bitcoin needs to reach the $30K range first this month before heading higher in the next month of the year. Because according to my speculation Bitcoin will not have enough time to move above $10K in 23 days this month.

[gunhell16]

The price of bitcoin in the past 2 weeks has shown gradual changes in the market, and take note that it has shown positively that its value has gradually increased.

Could this be the start of bitcoin entering the market in the upcoming bull run, or do we still have to stay in the bear market? But like others here in this forum, they are also excited about what can happen but of course, we still have to wait for what can happen because it is volatile as we know.

[Ojima-ojo]

The price of bitcoin in the past 2 weeks has shown gradual changes in the market, and take note that it has shown positively that its value has gradually increased.

Could this be the start of bitcoin entering the market in the upcoming bull run, or do we still have to stay in the bear market? But like others here in this forum, they are also excited about what can happen but of course, we still have to wait for what can happen because it is volatile as we know.

Bitcoin price outlook in February is somehow dull unlike in January we're bitcoin started the month on a bullish note and ended January at a very remarkable price.

We are 5 days into February, and the price of bitcoin has shown a slow decline movement with no sign of more price recovery like we had in January.

But since the month just started and bitcoin still maintains or starting price of 23k+ it shows that bitcoin is not ready to give into a price dip anytime soon.

[btc78]

bitcoin now stronger holding 22-23k and maybe in the next couple of weeks more we will be seeing 30k?
if this going to happen like how OP posted this , then maybe we are in the beginning of Bullrun(not waiting the Halving things that impossible to happen as it is what for the last how many years)

Once again, BTC proves that it was truly unpredictable as many of us thinks that it was only a trap which have happened last time and they think they are correct by the time the price fell down by some percent but then few weeks later it showed a big jump. It is seems that the correction is already completed because when I check the price now, the price have moved again to $23k. This is exciting.

for me still no continues prove that we are stopping to drop from that point because Bitcoin still hardly move towards 25k in which the next target to show that there will be something best happening this 2023, because the price still almost the same as what the last year has given us.

Now, we will see if it will hit the most awaited $24k and $25k this time or not. Halving is a real thing or maybe you mean the bull run during the halving time is not real? But, the effects of the halving is real so it will still make the price rise that it could lead to a bull run.

it did already Hit 24k but have not stays long , but once it broken the 25k then we can have a fair look towards 30k.

[Pejoh Asu]

If we look at the price of $ 17k it only happened in less than a day because the market continued to rise. Today the price is back up to the $23k level, i hope no more dips so this week it can touch $25k, when the price can reach $25k it will be more than 60% increase compared to the end of 2022 price position, and now is the time to continue collect bitcoins and we welcome bull run with fun.

[Fakhrulenclix]

If we look at the price of $ 17k it only happened in less than a day because the market continued to rise. Today the price is back up to the $23k level, i hope no more dips so this week it can touch $25k, when the price can reach $25k it will be more than 60% increase compared to the end of 2022 price position, and now is the time to continue collect bitcoins and we welcome bull run with fun.

in recent weeks the price movement of Bitcoin has occurred slowly in a positive direction, even though it has not yet touched $25k but this is very possible considering the positive trend that continues to occur.
but for the price of $ 17k the benchmark is too low I think, and it's true that Bitcoin fell to such a low price last year for only a short time and after that there have been positive developments.
at the beginning of 2023 there are many positive price signals from Bitcoin and I also hope that this is the start of a bull run and also I am ready to welcome it with great joy.

[Pejoh Asu]

Many people think that the increase that is happening right now is a trap because prices will fall deeper, hopefully this will not happen and this year it can recover, I'm afraid if this year drops again like in 2022 then many investors will run and choose other investments so they need long time to be able to rise again. if we focus on the long term then I suggest to keep buying and stop when the price reaches $40k.

[CageMabok]

Many people think that the increase that is happening right now is a trap because prices will fall deeper, hopefully this will not happen and this year it can recover, I'm afraid if this year drops again like in 2022 then many investors will run and choose other investments so they need long time to be able to rise again. if we focus on the long term then I suggest to keep buying and stop when the price reaches $40k.

Why stop buying when the Bitcoin price reaches $40K? It's not that Bitcoin has also ever increased in price by more than that and there is still a possibility of repeating the same thing in the following years by increasing by more than that. So if you have a reason to advise everyone on buying, you should also be able to provide a reason why you are telling everyone to stop buying when the Bitcoin price reaches $40K.

[Wong Gendheng]

It is difficult to say whether the price of $ 17K is a benchmark for the New Price Direction, currently the price of Bitcoin is like a mystery that is difficult to guess, in January there is a significant increase of up to more than 40%, but in January it actually decreased by more than 10%, this of course this Makes us have to always be vigilant, especially if there are big cases like FTX which make a market drop in a short time.

[FUCKBSVFUCK]

I'm not sure if you are talking about the $17,000+ price breakout, but I have a feeling that 
 
I don't think it's going to be a good time to buy bitcoin at a price that is close to the ATH.