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Author Topic: Bitcoin price 2023  (Read 1398 times)
Yaunfitda
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January 04, 2023, 08:19:48 AM
 #101

Well I can see the bitcoin price continuing to fall but not to so low like $5,000 or 10k in 2023. I would be fine with a $25,000 price per Bitcoin this year with a possible recession coming and higher interest rates and with all the uncertainty surrounding the war.
$5k, nah, I don't think we will see that price, if worst comes to worsts, become around $10k-$13k will be the final capitulation for us. The war is still in the background, many nations are affected by it even the US, UK and Germany.

I think we just need  lower our projections a bit. I’m still very optimistic long term but this year I wouldn’t recommend focusing too much energy on the price. I’m a long hold on Bitcoin so I would just say be patient and not let the fluctuations get to you.
And I guess we should be optimistic and look for the long term. We will have like just 15 months before the block halving. So if there is energy that we need to focus, that is to look for it and so we should accumulate as much as we can in this bear market 2023 and doesn't matter what will be the lowest or floor price that we will see in this crypto winter.

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January 04, 2023, 11:22:45 AM
 #102

I don't think it will be that low ($5k), even though in 2023 there will be a price drop again I'm sure the bitcoin price won't be far from the current price (it won't touch $10k). I believe 2024 will be the year of the next phase of the bull market, in other words in 2023 the price will gradually recover as many investors start buying crypto in preparation for the 2024 bull market.
How can you see the data of investors who started buying crypto in preparation for the 2024 bull market? Because I haven't seen this in the market right now. And if it does happen, I will wait gradually to see an increase in the price of all cryptos or at least the cryptos that are often bought by many people this year. Because people like big investors love different cryptos even though they won't see a new crypto that ranks so far from the top ten.

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January 05, 2023, 04:49:54 AM
 #103

I don't think it will be that low ($5k), even though in 2023 there will be a price drop again I'm sure the bitcoin price won't be far from the current price (it won't touch $10k). I believe 2024 will be the year of the next phase of the bull market, in other words in 2023 the price will gradually recover as many investors start buying crypto in preparation for the 2024 bull market.
How can you see the data of investors who started buying crypto in preparation for the 2024 bull market? Because I haven't seen this in the market right now. And if it does happen, I will wait gradually to see an increase in the price of all cryptos or at least the cryptos that are often bought by many people this year. Because people like big investors love different cryptos even though they won't see a new crypto that ranks so far from the top ten.

It's a gradual process though, perhaps some of them have bought a lot during the lower lows of around $15,500. Currently we are trying to break that $17k barriers at the start of the year so maybe the data is still fairly young at this point.

Nevertheless smart investors could have bought or doing DCA that's why we haven't seen the effects.

And next is the FOMO, those who doesn't want to buy right now, but immediately jump on the bandwagon when we are about to go a bull run. So that is the two sets of investors right now and go figure who will be the winner at the end.

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January 05, 2023, 05:55:43 AM
 #104

Quote from: chrusso
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

I think, the price will still decrease more than $16,821, but it will not decrease more than $15,000 before it will increase higher to help long term traders and short term traders to make a good income from their investment. It will be difficult for the price of Bitcoin to fall down to $5,000 this year 2023, because this year 2023 will be a better year that will make traders to celebrate in the community. The right decision is to invest in Bitcoin now, and have full confident of winning something big when the price hit back $64,000 before the end of next two months.

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January 05, 2023, 06:48:46 AM
 #105

Quote from: chrusso
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

I think, the price will still decrease more than $16,821, but it will not decrease more than $15,000 before it will increase higher to help long term traders and short term traders to make a good income from their investment. It will be difficult for the price of Bitcoin to fall down to $5,000 this year 2023, because this year 2023 will be a better year that will make traders to celebrate in the community. The right decision is to invest in Bitcoin now, and have full confident of winning something big when the price hit back $64,000 before the end of next two months.

What evidence do you have for your claim, or on what basis do you base what you are saying? I can't make a prediction for 2023, but as seen by economists or the world bank. 2023 will be another bad year for the economy as rising interest rates start seeping into our economy. So I wouldn't be as optimistic about a bull run as you think bitcoin will hit $64k in the next 2 months, or even this year is unlikely. And one more thing, we are still far from halving, so we cant expect bitcoin to go to 64k in 2023.

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January 05, 2023, 12:56:21 PM
 #106

Bitcoin price will not increase much in January.  But there is also a question whether the price will come down.  Bitcoin has been a pillar of the market for a long time.  But since two days the Bitcoin market is on the upswing but this is our happy news.  Huge investments are made which will be recovered with little growth.

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January 05, 2023, 07:03:03 PM
 #107

I don't think it will be that low ($5k), even though in 2023 there will be a price drop again I'm sure the bitcoin price won't be far from the current price (it won't touch $10k). I believe 2024 will be the year of the next phase of the bull market, in other words in 2023 the price will gradually recover as many investors start buying crypto in preparation for the 2024 bull market.
How can you see the data of investors who started buying crypto in preparation for the 2024 bull market? Because I haven't seen this in the market right now. And if it does happen, I will wait gradually to see an increase in the price of all cryptos or at least the cryptos that are often bought by many people this year. Because people like big investors love different cryptos even though they won't see a new crypto that ranks so far from the top ten.
Accumulation is when there is less trading but more wallets with bitcoins. It means traders may end up dropping the price, because there are more sellers, but the buyers are not there to trade it, but to keep a hold of it. That means there is an accumulation and I think thats not really that bad of an idea, it is definitely a good thing for us.

It means there are many people who trust that the price will go up, and I believe that too. It is not going to be tomorrow or something, it will definitely take some time but it will be a great thing when it happens. This is why it is important to keep following the market and see what others are doing to have an idea about the future.
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January 06, 2023, 09:48:02 PM
 #108

What evidence do you have for your claim, or on what basis do you base what you are saying? I can't make a prediction for 2023, but as seen by economists or the world bank. 2023 will be another bad year for the economy as rising interest rates start seeping into our economy. So I wouldn't be as optimistic about a bull run as you think bitcoin will hit $64k in the next 2 months, or even this year is unlikely. And one more thing, we are still far from halving, so we cant expect bitcoin to go to 64k in 2023.
The idea is to make predictions, this is the "speculation" section of bitcointalk, which means we are all speculating and making things up. I believe that 2023 will be a "bad" year but the bad there has a level to it, and I think 2020-2021-2022 were worse than what 2023, it's not going to be good at all, but it's not going to be worse than those three years neither.

This is why that means a recovery, if you took an example and got 10 out of 100, then 20 out of 100 then 30 out of 100 that means if the exam you take next could be 40 and still be bad but better than previous years. That's what we should be focusing on, and that's what we should be doing.



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January 10, 2023, 05:19:25 AM
 #109

Well I can see the bitcoin price continuing to fall but not to so low like $5,000 or 10k in 2023. I would be fine with a $25,000 price per Bitcoin this year with a possible recession coming and higher interest rates and with all the uncertainty surrounding the war.
25k in recession ? when in 2022 that the price did not even break 20k in December in which the Ideal time about bitcoin increasing its price?

I'm not sure we are going to see 5k or 10k but I also don't see it coming 25k when we are still struggling because of many factor.

Quote
I think we just need  lower our projections a bit. I’m still very optimistic long term but this year I wouldn’t recommend focusing too much energy on the price. I’m a long hold on Bitcoin so I would just say be patient and not let the fluctuations get to you.
I may lower my projection to 15k , this is the maintaining price I believe , either to go up a little or drops a little.
Bitcoin price will not increase much in January.  But there is also a question whether the price will come down.  Bitcoin has been a pillar of the market for a long time.  But since two days the Bitcoin market is on the upswing but this is our happy news.  Huge investments are made which will be recovered with little growth.
and maybe till December?

it may change in different way depend on how investors support the market this early stage of 2023

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January 10, 2023, 06:03:34 PM
 #110

I don't think it will be that low ($5k), even though in 2023 there will be a price drop again I'm sure the bitcoin price won't be far from the current price (it won't touch $10k). I believe 2024 will be the year of the next phase of the bull market, in other words in 2023 the price will gradually recover as many investors start buying crypto in preparation for the 2024 bull market.
If we compare 2023 with 2019, it is likely that in 2023 we will see bitcoin price around 30k, which is about half of last ATH. I also think real growth will start in 2024, but there will definitely be a rebound in 2023.
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January 10, 2023, 09:53:11 PM
 #111

My prediction will be the next bear year and there will be a new low for bitcoin, which is a good thing for those who are looking to buy bitcoin at a lower price. Although my prediction is down, but I hope it won't fall too much because that will make the altcoin market worse and the recovery will last longer. But if that really happens then I would consider buying more bitcoins and selling my altcoins.
The ratio of Bitcoin now, i don't think that Bitcoin can go more low than way it's right now, instead it will continue to experience more bullish, if should advice a investor, i will directly encourage them to take precautions to the particular altcoins they should invest on now, because Bitcoin might have take much time to be recovered, because Bitcoin as it stands Bitcoin can not go below the existing price situation it's right now.



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January 10, 2023, 09:58:31 PM
 #112

My prediction will be the next bear year and there will be a new low for bitcoin, which is a good thing for those who are looking to buy bitcoin at a lower price. Although my prediction is down, but I hope it won't fall too much because that will make the altcoin market worse and the recovery will last longer. But if that really happens then I would consider buying more bitcoins and selling my altcoins.
The ratio of Bitcoin now, i don't think that Bitcoin can go more low than way it's right now, instead it will continue to experience more bullish, if should advice a investor, i will directly encourage them to take precautions to the particular altcoins they should invest on now, because Bitcoin might have take much time to be recovered, because Bitcoin as it stands Bitcoin can not go below the existing price situation it's right now.
People cant really just easily made out some easy switch into altcoins because if they do saw that main trend setting "Bitcoin" does struggle on increasing its price then they would
be assuming that it would really be the same on what they would be seeing on altcoins and this is where people do still hesitant on doing such action which i couldnt blame them off.
For this year 2023 we dont know on what would be the bottom and if ever the price would really be making out some recovery which is something that truly unpredictable
and there's no way on telling on what would gonna happen ahead.

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January 10, 2023, 10:58:45 PM
Last edit: January 10, 2023, 11:19:38 PM by capedbaldy
 #113

People cant really just easily made out some easy switch into altcoins because if they do saw that main trend setting "Bitcoin" does struggle on increasing its price then they would
be assuming that it would really be the same on what they would be seeing on altcoins and this is where people do still hesitant on doing such action which i couldnt blame them off.
For this year 2023 we dont know on what would be the bottom and if ever the price would really be making out some recovery which is something that truly unpredictable
and there's no way on telling on what would gonna happen ahead.
Why should they believe that altcoins can grow higher than Bitcoin, without Bitcoin price recovery then altcoins will not have a bullish impact and altcoins have risks from crucial news from internal projects, many altcoins cannot grow at that time because investors switch to invest in Bitcoin , the growth potential of Bitcoin's price is more predictable than that of altcoins

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January 11, 2023, 05:23:26 AM
 #114

Why should they believe that altcoins can grow higher than Bitcoin, without Bitcoin price recovery then altcoins will not have a bullish impact and altcoins have risks from crucial news from internal projects, many altcoins cannot grow at that time because investors switch to invest in Bitcoin , the growth potential of Bitcoin's price is more predictable than that of altcoins
Maybe because they have their reasons for entrusting altcoins to grow, even though it is very clear that altcoins are always more difficult to grow if Bitcoin does not get a better boost in the market. After all investors are also not so stupid to hang on to altcoins that they are always more likely to switch to Bitcoin when their profit targets are not met in altcoins. As a closer proof now everyone can see how the altcoins increased when Bitcoin started moving up to $17,510 in 24 hours

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January 19, 2023, 05:31:41 AM
 #115

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
Yes it will continues to fall because that is what we can find in chart and according to many expert , but falling that value? 5-10k? not sure mate because the market is strong and coming from 70k down to 10k is so much dumping that many does not believe may come.
bitcoin may fall more but at least 13k is the lowest from what i see here.
I don't think it will be that low ($5k), even though in 2023 there will be a price drop again I'm sure the bitcoin price won't be far from the current price (it won't touch $10k). I believe 2024 will be the year of the next phase of the bull market, in other words in 2023 the price will gradually recover as many investors start buying crypto in preparation for the 2024 bull market.
it is impossible to drop down 5k but we can expect seeing at least 10k this year

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January 20, 2023, 06:14:01 AM
 #116

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
Yes it will continues to fall because that is what we can find in chart and according to many expert , but falling that value? 5-10k? not sure mate because the market is strong and coming from 70k down to 10k is so much dumping that many does not believe may come.
bitcoin may fall more but at least 13k is the lowest from what i see here.
I do not see that there will be any more low. I think we hit the bottom already, and in 2023 we are going to just see it go up and then keep going up more and more. I understand that some people may believe that it's not going to be that easy to keep on growing and becoming higher, because many people like you believes that it will go down, but the reality is that we are not going to see that.

Why do I think like that? Well simply because of the support levels and the amount of bitcoin being sold, it would be pretty difficult to take it anything lower than the bottom. Not saying it's impossible, but why do something so difficult, when the easier option is right there, market would prefer that for sure.

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January 20, 2023, 08:02:47 AM
 #117

People cant really just easily made out some easy switch into altcoins because if they do saw that main trend setting "Bitcoin" does struggle on increasing its price then they would
be assuming that it would really be the same on what they would be seeing on altcoins and this is where people do still hesitant on doing such action which i couldnt blame them off.
For this year 2023 we dont know on what would be the bottom and if ever the price would really be making out some recovery which is something that truly unpredictable
and there's no way on telling on what would gonna happen ahead.
Why should they believe that altcoins can grow higher than Bitcoin, without Bitcoin price recovery then altcoins will not have a bullish impact and altcoins have risks from crucial news from internal projects, many altcoins cannot grow at that time because investors switch to invest in Bitcoin , the growth potential of Bitcoin's price is more predictable than that of altcoins
So far, we know that altcoins often have a dependence on bitcoin, so that when bitcoin goes up and down it clearly has an impact on the movement of altcoin prices on the market so it is very difficult to see if the growth in altcoin prices can be greater than bitcoin, indeed there are often altcoins that are actually in comparison reverse with bitcoin when bitcoin goes down and the altcoin actually goes up but to see altcoins have a greater price value of course that's probably not going to happen.

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January 24, 2023, 02:04:59 AM
 #118

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
Yes it will continues to fall because that is what we can find in chart and according to many expert , but falling that value? 5-10k? not sure mate because the market is strong and coming from 70k down to 10k is so much dumping that many does not believe may come.
bitcoin may fall more but at least 13k is the lowest from what i see here.
I do not see that there will be any more low. I think we hit the bottom already, and in 2023 we are going to just see it go up and then keep going up more and more. I understand that some people may believe that it's not going to be that easy to keep on growing and becoming higher, because many people like you believes that it will go down, but the reality is that we are not going to see that.

Why do I think like that? Well simply because of the support levels and the amount of bitcoin being sold, it would be pretty difficult to take it anything lower than the bottom. Not saying it's impossible, but why do something so difficult, when the easier option is right there, market would prefer that for sure.
I also hope that price will go as you wanted or seen , but i am just being realistic mate , I mean I don't wanna fool myself expecting complete growth but in the end will bring me failure , better to be ready to what will come so at least failure will not take place in case it happened?
but I love your point and being optimistic , though bitcoin is really volatile and it dictates the market flow so looking at it one way is not a good point in my side.

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January 26, 2023, 10:27:53 AM
 #119

2023 makes me optimistic, the increase has been more than 40% when compared to the last price in 2022, maybe there could be another correction but I'm sure it won't be like what happened before because of the big cases namely LUNA and FTX, but I won't be too easy on this tempted to sell immediately, I still remember that the highest price I ever bought in 2021 was over $55k and I want to be profitable again in 2023.


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doomloop
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January 26, 2023, 08:56:22 PM
 #120

2023 makes me optimistic, the increase has been more than 40% when compared to the last price in 2022, maybe there could be another correction but I'm sure it won't be like what happened before because of the big cases namely LUNA and FTX, but I won't be too easy on this tempted to sell immediately, I still remember that the highest price I ever bought in 2021 was over $55k and I want to be profitable again in 2023.
I think in the beginning and at the middle of 2022, there are nice increases as well but the latter part didn't do well. I am thinking that it maybe the same as this year where it only shows good early and then bad at the rest of the year. I am not telling you guys to be discouraged and cut that optimism of yours.

You can continue having that feels as long as you like. A correction is normal and different from a crash which can be cause by a severe negative news. Let's only hope that no major negative news this year. You bought at $50k? That's a bit high but you're right that in order to be profitable you shouldn't sell at any moment but sell only when the price rise above $55k.

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