Will Bitcoin Price Hit $23,000 in Q1 2023?

[dansus021]

I would say it can touch 23K if the fud start to slowing down and good news start to grow ( because fundamental first than technical) and the buying power is way more than selling pressure , if we can take a look back the chart January till March usually bitcoin will get record high

Most likely, we're gonna see another bullish run in the 3rd quarter of 2024. Hopefully.

Yes I hope so, my thought btc will touch new ATH in 2024 maybe in Q4 2023 we will see bitcoin @ $30k+

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[GigaBit]

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.

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

There is a lot of research and predictions about Bitcoin constantly going on in the world. Various experts and analysts try to give their opinion which results in Bitcoin ever rising and taking opposite position. Predictions are not always effective. As we thought in 2021 the price of Bitcoin will stay at $100000 but that is not possible yet. In the current market, the price of Bitcoin is now at $17000, as many are expecting that it may touch $23000 and on the contrary many people are thinking differently.

Recently, Standard Chartered predicts that Bitcoin price may drop from $17000 to $5000. They think Bitcoin is down 70% from its peak and is likely to hit $5000 by now. They estimate that this could happen in 2023. When such predictions come, there is panic among all about the market. I don't expect a bitcoin price will reach $23000 soon. It will be possible to imagine the level at which the price of Bitcoin may go depending on the nature of the movement in the coming year of 2023.

[Reatim]

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.

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

I love this to happen , actually I was waiting for  23k in despair because there are so much expectation and needed of the funds .

Hitting 23k again can be possible still this year because we have more than 20 days for this to come but what i wanted to see is that how far will bitcoin go now?
if there is some promises to expect? that would be in 2024 and not this year or the next.

[Chainsmokers]

the condition if the Bitcoin price is able to reach $ 23k in Q1 2023 is that there is no FUD and sentiment must be positive,
but from a technical analysis point of view the Bitcoin price is of course very big chance to reach more than $ 20k in 2023,
seeing $ 15k is really very strong and Bitcoin refuses to go down,
especially when the CEO of Twitter Elon Musk announced that Twitter will have payments using cryptocurrencies, of course,
this is very positive for next year.

[_BlackStar]

I actually don't care what price bitcoin will reach in Q1 2023 because my goal right now is to collect as many bitcoin as possible. My top priority right now is investing whatever I can get my hands on into bitcoin and that is the best thing to do as long as bitcoins are under $17K. There's no point in bitcoin getting to that high of a price if you don't have something to be proud of later, so think about investing now instead of worrying about how much resistance can break later.

$23K is actually not high and difficult to achieve considering that bitcoin previously reached $69K in November last year. We just need a stronger push to increase demand, and that will happen gradually as the next halving approaches.

[hatshepsut93]

There certainly an argument to be made that after the FTX effect wears off, Bitcoin would return to where it was before the crash, which would roughly be 22-23k. But Bitcoin does not always behave like that, and it can easily stay at this level for quite some time. Or maybe it will even go lower if some more negative events happen. Could anyone predict that FTX would collapse at this exact time?

But in general I wouldn't expect any major bullishness before the next halvening, which is in 2024.

[OgNasty]

That seems like a reasonable prediction if the market does start to rally.  Much better than some of the other folks like Tim Draper calling for a $250,000 BTC next year.  I think it's likely we bounce around in the $20K-$30K range until the market can find direction and this FTX nonsense is behind us.  I haven't seen any evidence that the 4-year cycle is dead though, so personally I would stick to making outrageously high predictions for the summer of 2025.  FTX kept BTC prices low by not buying BTC for his customers and dumping their money into shitcoins.  If regulation happens to stop this sort of market attack in the next bull run, things could get wild.

[tabas]

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.

Yeah, it's different because we've got a higher all time low this time. And that's actually good to see because we're like stepping higher everytime there's the bear market that we have to deal with.
But as said of being different, this may be done too soon and unlike the past ones that have taken a lot of time, maybe this time it's quicker than of those in the past.

Most likely, we're gonna see another bullish run in the 3rd quarter of 2024. Hopefully.

Or maybe by 2025, all the hint is after the halving.

[Vinaa77]

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.

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

My estimate is that Bitcoin will remain under $20k well into next April, despite the current signs of a bull market. Because the current global economic growth has not improved, some even predict that a recession will occur in 2023, so it will be difficult for a bull market to occur in that year.

[KingsDen]

I love the range of your speculation and it is something that is likely to happen and very logical to think about. There is some speculation that will ask if bitcoin will reach 50,000 dollars in the first quarter of 2023. Even if there is possibility of that but it is so weird to reason or begin to speculate about it.

Before now I thought that a very strong support will be formed at 20,000 dollars but I was surprised when it broke down to 16000 dollars. With the year-end turn up that happens every year the Bitcoin price will move above $20000 within the first quarter of next year.

[justdimin]

I love this to happen , actually I was waiting for  23k in despair because there are so much expectation and needed of the funds .

Hitting 23k again can be possible still this year because we have more than 20 days for this to come but what i wanted to see is that how far will bitcoin go now?
if there is some promises to expect? that would be in 2024 and not this year or the next.

I think that expecting it to happen in the next 4 months is a good way of approaching it, better than expecting it to happen in the next 3 weeks at least, a lot bigger margin of period. I do agree that there is a possibility it could hit 23k in the next 4 months, first quarter should be a lot more lively, there will be a lot more money and people should be available to work with that.

If we are talking about something that is a bit more riskier, then we could even expect 30k to happen as well, that would not be easy, it will be harder to hit but it could be hit and we could expect that as well. All in all, a higher price is what we are aiming at in the end.

[|MINER|]

Looking at the current market, there is no signal in the market yet that Bitcoin will return to 23000 in Q1 2023. There was no signal at all, and from the crash of the FTX exchanger to the bankruptcy, I think we still have some time more to go. I think the market will go down further. My suggestion would be to hold bitcoin like everyone else now because I don't think there will ever be a dip like this in bitcoin, which we will see if we look at previous history.

[DU18]

Looking at the current market, there is no signal in the market yet that Bitcoin will return to 23000 in Q1 2023. There was no signal at all, and from the crash of the FTX exchanger to the bankruptcy, I think we still have some time more to go. I think the market will go down further. My suggestion would be to hold bitcoin like everyone else now because I don't think there will ever be a dip like this in bitcoin, which we will see if we look at previous history.

Market signals are unpredictable as some potential upcoming news can be used as a signal for market price recovery, we don't need to wait for bullish to come because now we can buy BTC at low prices, so make sure to use DCA investment method to add BTC assets for long term investment. Although we cannot predict when the market price will increase in 2023 or 2024 but it is actually the history of crypto prices that Bitcoin can reach its highest price after recovering from market crashes.

[yhiaali3]

This is very close, Bitcoin will easily reach this number with the beginning of the new year as expected, despite all the recent incidents that rocked the Crypto market and caused a very bearish market, but Bitcoin maintained the price level at $17,000, Bitcoin maintaining this price is a strong indication of the bullish trend Bitcoin in the coming period, especially with the beginning of the new year.
In any case, I do not rule out that during this period, Bitcoin will visit the 14-15K$ regions, this is very likely.

[CryptoBuds]

This is very close, Bitcoin will easily reach this number with the beginning of the new year as expected, despite all the recent incidents that rocked the Crypto market and caused a very bearish market, but Bitcoin maintained the price level at $17,000, Bitcoin maintaining this price is a strong indication of the bullish trend Bitcoin in the coming period, especially with the beginning of the new year.
In any case, I do not rule out that during this period, Bitcoin will visit the 14-15K$ regions, this is very likely.

A few months before the FTX crash, bitcoin was also at $19k for quite a while, and people also started to believe that bitcoin bottomed and was accumulating in preparation for a bull run. But then everything fell apart when FTX suddenly collapsed, causing more damage to the market instead of increasing the price.

A few days ago, many people believed we would have a bull run in December, but I have the opposite view, and if you look at bitcoin now, bitcoin price is falling below 17k. I won't believe bitcoin can break through $20k or hit $23k until the real FTX event is over.

[kotajikikox]

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.

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

what I do care is the price of Bitcoin in q1 of 2024 or 2025 , but 2023? i expect nothing but still dumping mate , what would be the reason why bitcoin will hit 23k when there are still lot of bad things happening?

maybe we are just exaggerating the situation and looking for too much when the truth is we knew that it is not that possible to attain .

[Chato1977]

Not sure about this but the near to happen is more dumping to come mate because this is the problem when there are lot of bad news coming from everywhere and this affect the crypto market.

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

yeah sideways and lets take this as an advantage to buy more and keep holding.

[arwin100]

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.

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

what I do care is the price of Bitcoin in q1 of 2024 or 2025 , but 2023? i expect nothing but still dumping mate , what would be the reason why bitcoin will hit 23k when there are still lot of bad things happening?

maybe we are just exaggerating the situation and looking for too much when the truth is we knew that it is not that possible to attain .

Who knows? The dump is huge on last quarter of this year and maybe we can see some good recoveries on next year since maybe there are investors would provably think that its good to hold back to prepare for future knowing the halving is somehow approaching maybe for some other good use. But all of this is just speculation anything could happen beyond on our expectation.

[Pujangga]

Of course, we hope that prices in 2023 can be better than the current year. To be able to rise, of course there will be no more big cases like LUNA and FTX so that investors are calm and can make decisions without panic and fear if assets stored on exchanges are lost.

[fzkto]

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.

The chances are unlikely because bitcoin has not yet completed its fall. But if you look at the annual chart, you get a red candle in 2022. And in the history of bitcoin, there have never been two annual red candles in a row. That means that next year is likely to be a reversal year, once the price bottoms out. I don't think it will happen in the first quarter either, but I think it will definitely happen in 2023.