Bitcoin price 2023

[Jating]

This thread would have been better with a poll on the price.

I'll say what I think will happen. I don't rule out that for some reason we may test new lows in 2023, but not much more. Maybe 15 or 12,000, but the price is pretty cheap already, and most of the rubbish is gone, so we have stronger fundamentals to go up.

You mean that weak hands has been eliminated in the market? yeah, when the price hits $15k last month, our new lowest lows, chances are, the last of the weak hands have sold already that's why we wanted get over and reach $17k.

I don't think it's going to be a banner year either, as I heard some predictions of 250,000 USD. Not a chance. The normal scenario is that we go back to the 30-40,000 range, something like that, and we don't break new highs until after halving in 2024.

The best thing is just to keep calm and be patience in 2023. Well $250,000 could be out in the next bull run, maybe we just put a conservative estimates at around $100k. At least we won't be disappointed if $250,000 is not going to be touch.

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[skarais]

The market situation depends on the hype of the news circulating. If there is positive news, the market situation will definitely change, and if the news is negative, the market situation will also change. However, if you look at the BTC price, of course the BTC price has fallen 75% from its highest price on November 10, 2021. I think we have reached the lowest point of decline and this is a pretty good entry point to make a purchase. I support what @filipma1957 said you can buy using the DCA strategy every week or every month. you should enter every round as this will make it more effective for you to find the lowest price on your purchase.

maybe I don't think we will see $5k or $10k price next year because big cycle of dips already happened in this year of course the expected opportunity is big spike in 2023.

A drop in price is expected by those looking to invest in bitcoin long term, but does not mean they will stop buying when it is above $20K or more. The market will continue to move forward and down according to the situation, it is true and that is one of the facts about trading. Taking advantage of the opportunities that exist today is important, especially since prices are still very low compared to last year, and now is the time to invest while still maintaining your strategy.

About 2023 we never know, the price could go down or up but of course if you want to be a holder then you don't need to be swayed by small corrections along the way. $10K could happen, but considering you can do DCA-ing should be safe to buy bitcoin at this point.

[NeuroticFish]

Thank you a lot, trying to make the right desitions...

If you want to take the right decision I recommend you read a lot more first. Since it's a bitcoin forum, most people will tell you that bitcoin price will rise sooner or later (I also believe so).
But you should not invest based on others' expectations and I tell you why:
If you invest and bitcoin price will still go (much lower) you may panic sell before the price would recover. That's bad, obviously.
Instead, if you read much more, you may understand why we believe that bitcoin is a good investment (for some money you afford to lose) and you may not panic whenever the price goes down.

Of course, I don't know how much time you have for the reading, since bitcoin price is sometimes very volatile.

Whatever you choose to do, good luck!

[ginsan]

A drop in price is expected by those looking to invest in bitcoin long term, but does not mean they will stop buying when it is above $20K or more. The market will continue to move forward and down according to the situation, it is true and that is one of the facts about trading. Taking advantage of the opportunities that exist today is important, especially since prices are still very low compared to last year, and now is the time to invest while still maintaining your strategy.

About 2023 we never know, the price could go down or up but of course if you want to be a holder then you don't need to be swayed by small corrections along the way. $10K could happen, but considering you can do DCA-ing should be safe to buy bitcoin at this point.

Missing a train is something that we often see, that's the meaning of why they expect a lower price because if we compare it with the highest price, BTC has experienced a fairly deep correction, which is around 75% of the decline that occurred this year. therefore I think those who do not have good principles will always miss the train when btc runs. I'm not too surprised if the btc surge will occur in Q1 2023 because indeed we have been down quite a bit by the bad news that has hit crypto this year.

I support your words where we have to do regular buying options every week to find a low price in our investment. btc rate rally will continue to occur this month either slowly or there will be surprises that occur. but I think the dream of some people who want to enter $10k, I think this year will really, really not happen.

[STT]

The price is stable seemingly but with a descending 50 day average I think we have momentum that will clash with any current positive.  Battle must be done and demons vanquished before we can declare the battle is won
   Friday soon to be Saturday we have trended positively above the 12hr average and also regained the 2 day average, so this weekend I suppose could do well but wider context then that is needed to really be assured of any ongoing positivity so I think at least till next Weds I remain uncertain.  Sideways is just the calm before the storm, Im reluctant to call it stability exactly.

[karabiber]

The rise will be inevitable in the long run as the supply of Bitcoin is slower than those who demand it every year. Experts expect a global recession in 2023 which means the entire market will come to a standstill. If i'm going to estimate the value i can't give an exact number but i think Bitcoin and the crypto market will maintain stabilization for 2023. Assuming that the other variables are constant. We are waiting for a year when people who harm crypto will be wiped out of the market. Hopefully by the end of 2023 the bulls will move.

[Reatim]

never expect many good things to come in 2023 , but look for the end because the following year will surely your destiny in investments .

2023 might be a year of sideways hence it can be a good year compared a bearish year. Like you mentioned, all of our eyes on upcoming halving and its subsequent year. So, when more people eye on something, that would happen for sure.

exactly , the sentiment of the majority are eyeing on that , in which the recovery will happen in the halving year and that would bring complete increase to all our investment and even shitcoins or scam coins making its way to the top.
try not to believe in short term sentiment because most likely that is a failure.
I love expectation and risk this is why I am still supporting bitcoin even though I am a failure several times before.

[skarais]

Missing a train is something that we often see, that's the meaning of why they expect a lower price because if we compare it with the highest price, BTC has experienced a fairly deep correction, which is around 75% of the decline that occurred this year. therefore I think those who do not have good principles will always miss the train when btc runs. I'm not too surprised if the btc surge will occur in Q1 2023 because indeed we have been down quite a bit by the bad news that has hit crypto this year.

We all know bitcoin has thrown away 75% of its value since the last ATH, but that's not the end of bitcoin. Many factors affect the market, inflation, recession, Luna, FTX and some other negative things make it impossible for the market to avoid its impact. Panic, loss of confidence and some other FUD made things worse, so I don't expect the market to recover any time soon. Q1 2023 I don't think there will be a big jump in price and I would be surprised if it does, but Q2 2023 can be expected to be good.

I support your words where we have to do regular buying options every week to find a low price in our investment. btc rate rally will continue to occur this month either slowly or there will be surprises that occur. but I think the dream of some people who want to enter $10k, I think this year will really, really not happen.

That's exactly what you can do, so if you're an investor or planning a long-term investment, then buying in stages while maintaining DCA makes a lot of sense. Do everything wisely even though you can diversify your assets in some of the other top altcoin. We can expect price increases along the way, but for something big it has to start with something big.

[TravelMug]

The rise will be inevitable in the long run as the supply of Bitcoin is slower than those who demand it every year. Experts expect a global recession in 2023 which means the entire market will come to a standstill. If i'm going to estimate the value i can't give an exact number but i think Bitcoin and the crypto market will maintain stabilization for 2023. Assuming that the other variables are constant. We are waiting for a year when people who harm crypto will be wiped out of the market. Hopefully by the end of 2023 the bulls will move.

Yes and the supply will be half once we enter another halving, so it's on 2024.

Others might see this as a very long time, but we all know that when we have patience, nothing can stop us from waiting that long.

Stabilization might happen in 2024 as I was saying, catalyst and then the world economy is recovering, it could be this bull run might be one of the biggest run, maybe we can finally see $100k at a minimum next all time high.

[Paul Pogba]

If we look at price patterns that have happened before, then 2023 will start to get better than 2022, many predictions believe that 2023 could touch $50k, of course it's not a difficult thing as long as there are no disturbances like FTX at the end of last November.

[SquallLeonhart]

This is a quick question... do you think the bitocoin price will continue falling during the 2023, or we are actually seeing the bottom price? can you see bitcoin at $5,000 during 2023? $10,000 perhaps?

My guess is that it will probably be at around 50k levels at the peak level during 2023. I know many people are either expecting it to be a lot higher than that, or they are expecting it to be not high at all, but I expect it to be just 50k. That way we would be probably reaching to a point where it would make sense to invest, but not going to be wealthy because of it neither.

We will probably have to wait until 2024 which would be another halving if I am not wrong, and maybe even 2025 to see a huge increase. That would actually make sense, that way we would see a good increase back to back, but not in 2023, that would be a good increase too but not a wealth maker just yet.

[qwertyup23]

Hi folks and friends,

This is a quick question... do you think the bitocoin price will continue falling during the 2023, or we are actually seeing the bottom price? can you see bitcoin at $5,000 during 2023? $10,000 perhaps?

Thank you a lot, trying to make the right desitions...

Kind regards;
Chris

Hmm it actually depends since the price of BTC nowadays has been consistent on the $17,000 but we will never know! The fact that 2021 gave us the year where the price peaked at $60,000, it somehow implies that the price of BTC can skyrocket once again. Unsure of the scenario, the better move to do is to purchase BTC and HODL them for long-term.

In all honesty, I do recommend to HODL since the next BTC halving will happen in the year 2024. Expect that when that year comes, the price of BTC will skyrocket, thereby profiting within 1-2 years from now.

[virasog]

The market is now in a state of stability, which means that there will be no new financial flows during this year or the coming years, and the economic situation does not indicate more financial flows, which means that we will be in a price range of less than 30k and higher than 10kunless unique changes occur .

It will be impossible to determine the price, but basing your strategy on this plan will be fine.

Bitcoin certainly takes time to rise or recover again, if we look at the previous trend then it takes at least 2 years to be able to pass the previous ATH, during the time waiting then it is better to fill the wallet so that when the price skyrocketed we do not regret because it does not buy when the price is cheap like a current moment and today the price drop again.

Bitcoin will not reach all-time high in 2023. We should keep our expectations to a certain limit as the year 2023 won't be a big market year. We may remain sideways and if there is much volatility, the bitcoin will remain mostly in a range between 20K to 30K. If we are able to close the year over 30K, i think it will be good for the crypto market (after the drama of FTX and the fud of USDT and binance too)

[aoluain]

Are you still not going to buy bitcoin even though the price has experienced such a deep decline? Or do you still want to wait for the price to drop even deeper than that? I'm telling you that if you do nothing and just wait, you won't know when to act and it will be too late to decide.

Yeah I don't really get those waiting to buy at 12? 13? 14k? It's not like they're buying an entire Bitcoin either. Save a few thousand dollars at the risk of missing out when Bitcoin does actually recover and not look back until the next cycle in a few years.

Not looking down on anyone but it was probably the same with me putting away $100 or so every now and then, and thinking I was smart to time, completely overlooking that at my small amount, the numbers really stop making logical sense in terms of time invested trying to time the market when you're DCA-ing long term.

Me neither, I don't get the i dea of holding out for the price to reach that low, a low which
doesn't look like happening.

Just DCA and if miraculously the price does go that low, just buy more.

The market is now in a state of stability, which means that there will be no new financial flows during this year or the coming years, and the economic situation does not indicate more financial flows, which means that we will be in a price range of less than 30k and higher than 10kunless unique changes occur .

It will be impossible to determine the price, but basing your strategy on this plan will be fine.

Bitcoin certainly takes time to rise or recover again, if we look at the previous trend then it takes at least 2 years to be able to pass the previous ATH, during the time waiting then it is better to fill the wallet so that when the price skyrocketed we do not regret because it does not buy when the price is cheap like a current moment and today the price drop again.

Bitcoin will not reach all-time high in 2023. We should keep our expectations to a certain limit as the year 2023 won't be a big market year. We may remain sideways and if there is much volatility, the bitcoin will remain mostly in a range between 20K to 30K. If we are able to close the year over 30K, i think it will be good for the crypto market (after the drama of FTX and the fud of USDT and binance too)

Ah I believe that in the 4th quarter of 2023 we will see a nice bit of action as we approach
the halving. The markets will be getting excited about the halving well before it actually
happens.

Over 6 months before the halving in 2020 Bitcoins price was higher ^{approx $10500}
than the day of the halving _{approx $8500}

[GeorgeJohn]

This is the best time you can as well buy Bitcoin and keep for long term investment because since it has been experiencing bearish daily it's the best opportunity someone can ru investment towards cryptocurrency investment from my perspective. And I believe that Bitcoin have to do with falling and rising and people do not consider buying wheythe price fall to purchase Bitcoin.

[KennyR]

can you see bitcoin at $5,000 during 2023?

Currently Bitcoin continues to pump. In the past two days, the price of Bitcoin has been increasing in price with the two ladder charts. But the price change is not too much. This gives a signal that Bitcoin will not go below $ 10k in 2023. If Bitcoin experiences a dump, of course it will close at $ 12k to $ 15k.

Can't be sure about the price drop. It could go even down to it depending on the market situation. For now the market looks strong and we can expect something good out of it. Over the past few days the bitcoin market have been experiencing good sign of bullish move. This price is predicted to reach around $19.5k before the Xmas price dump.

[Oceat]

We can't tell you what exactly the price next year and there's no specific time, days, or month we can tell what the price would be since no one can tell what the future holds. You could just simply learn how to read charts if you are eager to know what is happening in the market because only you can tell what you expect to happen.

I can't tell also if how long this bearish trend will stay in $17k since it could rise next year or drop but I think there might be a bull trap that's trying to remove those weak hands in the line. More fear are coming from the internet as the price keep dropping then I would expect it will go fall down even more.

[ultrloa]

The market situation depends on the hype of the news circulating. If there is positive news, the market situation will definitely change, and if the news is negative, the market situation will also change. However, if you look at the BTC price, of course the BTC price has fallen 75% from its highest price on November 10, 2021. I think we have reached the lowest point of decline and this is a pretty good entry point to make a purchase. I support what @filipma1957 said you can buy using the DCA strategy every week or every month. you should enter every round as this will make it more effective for you to find the lowest price on your purchase.

maybe I don't think we will see $5k or $10k price next year because big cycle of dips already happened in this year of course the expected opportunity is big spike in 2023.

A drop in price is expected by those looking to invest in bitcoin long term, but does not mean they will stop buying when it is above $20K or more. The market will continue to move forward and down according to the situation, it is true and that is one of the facts about trading. Taking advantage of the opportunities that exist today is important, especially since prices are still very low compared to last year, and now is the time to invest while still maintaining your strategy.

About 2023 we never know, the price could go down or up but of course if you want to be a holder then you don't need to be swayed by small corrections along the way. $10K could happen, but considering you can do DCA-ing should be safe to buy bitcoin at this point.

Nothing new about seeing some dump and I also expect that to happen since there's no big news which can possibly move the market yet.

Also even if we are in last month of the year still we don't know what will came unto it since we are not sure about the future of bitcoin in terms of its trading price but lets hope for more betterment since we really go with huge dumps recently so hopefully recovery phase will happen to that year so that we can see good year for bitcoin and crypto on year 2023.

[buwaytress]

Yeah I don't really get those waiting to buy at 12? 13? 14k? It's not like they're buying an entire Bitcoin either. Save a few thousand dollars at the risk of missing out when Bitcoin does actually recover and not look back until the next cycle in a few years.

Not looking down on anyone but it was probably the same with me putting away $100 or so every now and then, and thinking I was smart to time, completely overlooking that at my small amount, the numbers really stop making logical sense in terms of time invested trying to time the market when you're DCA-ing long term.

Me neither, I don't get the i dea of holding out for the price to reach that low, a low which
doesn't look like happening.

Just DCA and if miraculously the price does go that low, just buy more.

Yup. I mean, look at where we are right now. About to fight for 18k as the Fed decision approaches later. Just days ago we were below 17k. Even if that 14k was realised, it would have been a short window to get a 15% discount -- but if we do see 18k and then leg up to 2017 ATH where it becomes support, then those waiting would be facing a 15% premium on entry.

DCA would have evened out either scenario.

[LittleBitFunny]

can you see bitcoin at $5,000 during 2023?

Currently Bitcoin continues to pump. In the past two days, the price of Bitcoin has been increasing in price with the two ladder charts. But the price change is not too much. This gives a signal that Bitcoin will not go below $ 10k in 2023. If Bitcoin experiences a dump, of course it will close at $ 12k to $ 15k.

Can't be sure about the price drop. It could go even down to it depending on the market situation. For now the market looks strong and we can expect something good out of it. Over the past few days the bitcoin market have been experiencing good sign of bullish move. This price is predicted to reach around $19.5k before the Xmas price dump.

That's right, no firm statements should be made about bitcoin because anything is possible. Many investors don't want bitcoin to drop to $10k or lower, but many sharks want that to happen because they have a lot of money and are willing to buy more bitcoins at that price.

All movements of the market will depend on the world economic situation, yesterday, we received positive information when inflation in the US decreased, and that is a good signal for the market. If things continue to go well, we could have a better 2023 and vice versa.