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Author Topic: Will Bitcoin Price Hit $23,000 in Q1 2023?  (Read 434 times)
Pam beasely (OP)
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December 05, 2022, 07:15:52 AM
 #1

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.

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Will it reach or cross above $20,000 in Q1 2023?
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December 05, 2022, 07:43:09 AM
 #2

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.

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December 05, 2022, 10:20:32 AM
 #3

the token is believed to maintain a steep upswing to regain its price.
Bitcoin isn't a token.

Quote
Will it reach or cross above $20,000 in Q1 2023?
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.

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December 05, 2022, 11:15:22 AM
 #4

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.

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December 05, 2022, 12:11:05 PM
 #5

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

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

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December 05, 2022, 04:42:11 PM
 #6

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).

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December 05, 2022, 05:15:33 PM
 #7

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.

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December 05, 2022, 06:10:35 PM
 #8

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.

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December 05, 2022, 08:26:28 PM
 #9

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.
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.

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December 05, 2022, 09:45:48 PM
 #10


Quote
Will it reach or cross above $20,000 in Q1 2023?

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.

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December 05, 2022, 10:06:35 PM
 #11

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.

Quote
Will it reach or cross above $20,000 in Q1 2023?
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

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December 05, 2022, 10:41:20 PM
 #12

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.

Quote
Will it reach or cross above $20,000 in Q1 2023?
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.

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December 05, 2022, 11:51:41 PM
 #13

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.

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December 05, 2022, 11:57:32 PM
Last edit: June 11, 2023, 11:30:09 PM by STT
 #14

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.



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.

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December 05, 2022, 11:59:35 PM
 #15

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.

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December 06, 2022, 02:44:05 AM
 #16

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.

Quote
Will it reach or cross above $20,000 in Q1 2023?
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.

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December 06, 2022, 02:57:45 AM
 #17

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
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December 06, 2022, 04:10:22 AM
 #18

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
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.

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December 06, 2022, 05:37:03 AM
 #19

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.

Quote
Will it reach or cross above $20,000 in Q1 2023?
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.









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Oasisman
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December 06, 2022, 06:03:50 AM
 #20

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.

R


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