bitzizzix
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December 17, 2022, 02:24:38 AM |
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I'm not a prediction expert, even those who are experts are sometimes less accurate in predicting the price of bitcoin in the near future. As far as I know bitcoin cannot be predicted in the long term but the long term never disappoints, and taking advantage of the decline to accumulate is very wise and without thinking about the price of bitcoin in the short term because it is certain that in the future the price of bitcoin will increase. 2023 is only a few weeks away, I don't think the bitcoin price has shown great movement and also I think 2023 will be the same as this year, maybe there will be only a slight increase or maybe there will be a deeper decline. So for me let bitcoin run as it is, and it will eventually go up in time.
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Moeda
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December 17, 2022, 07:07:47 PM |
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I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?
In 2016 to 2017, Bitcoin price was around ±$1700, hence the 2018 bullrun of ±$17k Bitcoin price. If the Bitcoin price before the 2021 bull run was ±$6k, then the 2021 bull run Bitcoin price could reach ±$60k, this is 10x the previous price. If in 2022 to early 2023 the Bitcoin price closes at ±$10k to ±$ 15k, then the 2024 bullrun or the next bullrun can reach a price of $ ±100k to ±$150k. The price I mentioned is not 100% real, but only an adjustment. You can see in cmc history in every bull run and before the bull run.
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DoublerHunter
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December 17, 2022, 09:49:12 PM |
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I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?
In 2016 to 2017, Bitcoin price was around ±$1700, hence the 2018 bullrun of ±$17k Bitcoin price. If the Bitcoin price before the 2021 bull run was ±$6k, then the 2021 bull run Bitcoin price could reach ±$60k, this is 10x the previous price. If in 2022 to early 2023 the Bitcoin price closes at ±$10k to ±$ 15k, then the 2024 bullrun or the next bullrun can reach a price of $ ±100k to ±$150k. The price I mentioned is not 100% real, but only an adjustment. You can see in cmc history in every bull run and before the bull run. ^ In 2024 it was expected that there is a BTC halving and I don't believe the BTC price will reach this $100k range. But I think after a year that halving successfully occurred BTC price will raise like the other previous years that happened. For now, it is unclear to make a prediction because as I see, the BTC price reaction depends on what happens outside. It depend usually on the fundamental analysis, not on the technical analysis. People keep saying that the repeat itself of predicting price really worked. My prediction is BTC price will still struggle to pump up next year.
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STT
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December 17, 2022, 10:22:52 PM Last edit: June 11, 2023, 11:29:07 PM by STT |
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Range bound for this year and then next year it will attempt to leave this box via any means necessary . most likely price action breaks the weakest point but that might not be apparent or correct at first attempt ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F06%2F12%2FAEgBz.png&t=665&c=1qYYlWzY0PIyEQ) Biggest clue is the way 50 day average caps us, we are at most neutral in our progression and its hard to predict the whole of 2023 on an determined process presently. After the last few days I do presume we must test the bottom of this ranged box we're in. When the negatives fail or run out of energy (which can be about time also) then we once again attempt to build. Till I see different I must presume 2023 is more of the same, very close to what we have now.
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Silberman
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December 18, 2022, 03:01:08 AM Last edit: December 21, 2022, 02:16:53 AM by Silberman |
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I'm not a prediction expert, even those who are experts are sometimes less accurate in predicting the price of bitcoin in the near future. As far as I know bitcoin cannot be predicted in the long term but the long term never disappoints, and taking advantage of the decline to accumulate is very wise and without thinking about the price of bitcoin in the short term because it is certain that in the future the price of bitcoin will increase. 2023 is only a few weeks away, I don't think the bitcoin price has shown great movement and also I think 2023 will be the same as this year, maybe there will be only a slight increase or maybe there will be a deeper decline. So for me let bitcoin run as it is, and it will eventually go up in time.
2023 is most likely going to be yet another difficult year for bitcoin, as it is not as if the economy is going to improve too much during this time and we are still in a part of the bitcoin cycle that can be very negative for its price, so while I do not wish for more disasters like what we saw with the FTX exchange to keep happening, we need to prepare just in case it happens, and while performing a DCA strategy would be a good thing during the next months, it is also important to have some cash in reserve so in the case we have some unexpected expenses we do not have to sell our coins.
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19Nov16
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December 18, 2022, 04:09:47 AM |
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the bitcoin trend will usually go up after the previous year it sank, if we look at the trend for several years there seems to be the same pattern, for example a 4 year trend, a 2 year trend and so on, I'm sure that in 2023 the price can rise again, there may be a big case that creates panic like LUNA and FTX but it won't have much effect anymore, and it's possible the price could touch 3x from the current price.
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CageMabok
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December 19, 2022, 06:05:45 AM |
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the bitcoin trend will usually go up after the previous year it sank, if we look at the trend for several years there seems to be the same pattern, for example a 4 year trend, a 2 year trend and so on, I'm sure that in 2023 the price can rise again, there may be a big case that creates panic like LUNA and FTX but it won't have much effect anymore, and it's possible the price could touch 3x from the current price.
I just hope that a better case for influencing the price of Bitcoin in the market can increase, because the bad case as you said is still very much on my mind and even the minds of some investors for now. But what still makes me a little surprised is why almost everyone always thinks about the bad case, while they just forget about the good case that happened in the past. Too often remembering bad cases will only slow down our decision to move forward as we have done before, because fear always arises when we remember bad things and it will not lift our spirits to continue working and fighting in the crypto space. So don't remember too many bad things if you still believe in an increase in the price of Bitcoin for the next year.
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SquallLeonhart
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December 19, 2022, 08:30:02 AM |
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I think 2023 will be the same as this year, maybe there will be only a slight increase or maybe there will be a deeper decline. So for me let bitcoin run as it is, and it will eventually go up in time.
Like your statements, many people here have predicted that bitcoin might be having a mixed trend in 2023. Still, we could try to figure out the maximum peak it could attain in between time as per OP suggested. In my expectation, I believe that we are going to see prices to be trading above $40k levels in 2023. This is not based on technical aspects but purely my observation on past charts of bitcoin market. Too often remembering bad cases will only slow down our decision to move forward as we have done before
If you notice, even market sentiment will not remember both positive and negative news for longer duration; when some news arrive, market will react to that and its consequences will follow technical aspects for few more days then market will forget that news then why should we alone to remember old news and events?
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Punakawan
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December 19, 2022, 10:31:08 AM |
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Bitcoin in 2022 dropped significantly, when compared to last year's ATH it has dropped more than 70%, of course this is a sad fact, but this year will end soon and we will enter 2023, usually after the market drop it will rise again, in 2023 I bet the price could touch at least 200% or $35k.
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Outhue
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December 19, 2022, 10:31:58 AM |
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I don't expect any big price jump from BTC in 2023, I believe that there will be more panic in first quarter of 2023 but for those who are smart that will be the best time to buy.
Honestly speaking the best time to expect anything from Bitcoin is after the halving period is over, that's when more money will start returning to the market, BTC halving creates confidence for the market after every bear seasons.
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maydna
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December 19, 2022, 11:39:01 AM |
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the bitcoin trend will usually go up after the previous year it sank, if we look at the trend for several years there seems to be the same pattern, for example a 4 year trend, a 2 year trend and so on, I'm sure that in 2023 the price can rise again, there may be a big case that creates panic like LUNA and FTX but it won't have much effect anymore, and it's possible the price could touch 3x from the current price.
Hopefully what we want can be achieved in the next year so we can get big profits again like before. But before that, we must be patient and keep waiting because market conditions have not improved, and it looks like the market will experience another correction. And hopefully, there won't be any more negative news like before so as not to provoke investors to panic so that the bitcoin price doesn't fall any deeper than now. We can only prepare ourselves by buying more bitcoins at this time because the price is still low.
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Smack That Ace
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December 19, 2022, 12:05:12 PM |
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the bitcoin trend will usually go up after the previous year it sank, if we look at the trend for several years there seems to be the same pattern, for example a 4 year trend, a 2 year trend and so on, I'm sure that in 2023 the price can rise again, there may be a big case that creates panic like LUNA and FTX but it won't have much effect anymore, and it's possible the price could touch 3x from the current price.
Hopefully what we want can be achieved in the next year so we can get big profits again like before. But before that, we must be patient and keep waiting because market conditions have not improved, and it looks like the market will experience another correction. And hopefully, there won't be any more negative news like before so as not to provoke investors to panic so that the bitcoin price doesn't fall any deeper than now. We can only prepare ourselves by buying more bitcoins at this time because the price is still low. In my opinion, it is too early to expect a bull run in 2023. Bitcoin is also part of the world economy, and our world is still suffering from the war between Russia and Ukraine, so expecting the price to recover to $30k is hard. And need to take into account the happenings in the market that we have, Fuds of centralized exchanges. After Mazars Group and Armanino stopped providing audit services and deleted all previous results and so far, no entity has dared to audit the assets of exchanges, raised major concerns about the real assets of these exchanges and their transparency. With all this bad news, I think we're going to have a correction rather than a bull run.
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Gozie51
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December 19, 2022, 07:58:26 PM |
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the bitcoin trend will usually go up after the previous year it sank, if we look at the trend for several years there seems to be the same pattern, for example a 4 year trend, a 2 year trend and so on, I'm sure that in 2023 the price can rise again, there may be a big case that creates panic like LUNA and FTX but it won't have much effect anymore, and it's possible the price could touch 3x from the current price.
Hopefully what we want can be achieved in the next year so we can get big profits again like before. But before that, we must be patient and keep waiting because market conditions have not improved, and it looks like the market will experience another correction. And hopefully, there won't be any more negative news like before so as not to provoke investors to panic so that the bitcoin price doesn't fall any deeper than now. We can only prepare ourselves by buying more bitcoins at this time because the price is still low. The altcoins bull is yet to come like it did around 6 years ago. Investors have been expecting this to happen and maybe it may be in the next halving season. However what I notice about this market is that at the right time the market will take a turn either for bull or bear and it is not really about fud or panic. There have been two incidents in the history of the market to support my assertion so far. The Chinese ban in bitcoin in the past didn't stop bitcoin rally in 2017 and 2020, the covid-19 pandemic year rather gave the cryptocurrency market more recognition and that is why we saw another ATH. So hodling is good at this bear time.
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AmoreJaz
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December 19, 2022, 08:04:47 PM |
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I don't expect any big price jump from BTC in 2023, I believe that there will be more panic in first quarter of 2023 but for those who are smart that will be the best time to buy.
Honestly speaking the best time to expect anything from Bitcoin is after the halving period is over, that's when more money will start returning to the market, BTC halving creates confidence for the market after every bear seasons.
the question of the OP is hard to answer as we are all just speculating when it comes to price of btc in the market. even long timers in crypto won't give a precise market condition. the trend depends on what is surrounding this industry, actual news, fud and other contributing news combined will give the sentiment on this market. but it is good that the OP is still positive even if his portfolio is down, and still continuing to collect more coins. if you do have strong belief on this market, you can very well stock up your portfolio with quality coins.
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Newlifebtc
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December 19, 2022, 10:09:25 PM |
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Predicting the price of Bitcoin is not something that we can say is constant alright I'm prediction because I believe that bitcoin price is something that is not stagnant or something that you predict and it come to pass so everybody knows how this contradiction works and how it all about I cannot stand to predict what will not come to pass so people will bring it in the price of Bitcoin it is based on their own experience
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STT
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December 19, 2022, 11:42:17 PM |
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Your simplest answer to this question is to look up the halvening time table, its not precise but varies slightly and then after that the free market has its own wandering in price and sentiment to consider. I would not guess 2023 for a recovery beyond the 200 day average, not in a sustained stable way. I think we are required to rebuild and remake the price and path upwards many times over, too many broken bridges at present to be simply positive. In the past movement the price above 20k was clear, now it strewn with debris to obstruct and delay us constantly.
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Wong Goblog
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December 20, 2022, 10:48:50 AM |
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If we pay attention to the trend that occurs, it can be said that in 2023 is the beginning of the revival of the market, in 2018 the lowest price of $ 3500 then in 2019 the highest price can touch $ 13k or almost 400%, if we follow the pattern then the highest price of 2023 can touch 4x or around $ 65k.
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maydna
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December 20, 2022, 02:22:44 PM |
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the bitcoin trend will usually go up after the previous year it sank, if we look at the trend for several years there seems to be the same pattern, for example a 4 year trend, a 2 year trend and so on, I'm sure that in 2023 the price can rise again, there may be a big case that creates panic like LUNA and FTX but it won't have much effect anymore, and it's possible the price could touch 3x from the current price.
Hopefully what we want can be achieved in the next year so we can get big profits again like before. But before that, we must be patient and keep waiting because market conditions have not improved, and it looks like the market will experience another correction. And hopefully, there won't be any more negative news like before so as not to provoke investors to panic so that the bitcoin price doesn't fall any deeper than now. We can only prepare ourselves by buying more bitcoins at this time because the price is still low. In my opinion, it is too early to expect a bull run in 2023. Bitcoin is also part of the world economy, and our world is still suffering from the war between Russia and Ukraine, so expecting the price to recover to $30k is hard. And need to take into account the happenings in the market that we have, Fuds of centralized exchanges. After Mazars Group and Armanino stopped providing audit services and deleted all previous results and so far, no entity has dared to audit the assets of exchanges, raised major concerns about the real assets of these exchanges and their transparency. With all this bad news, I think we're going to have a correction rather than a bull run. Maybe it's too early, but we can continue to hope that 2023 can bring a little change for us to benefit again. And even though, in the end, the market hasn't been able to increase yet, we don't need to worry or panic because it's only a matter of time before the market can increase again. And we can only continue to be patient, waiting for the crypto market to rise again. the bitcoin trend will usually go up after the previous year it sank, if we look at the trend for several years there seems to be the same pattern, for example a 4 year trend, a 2 year trend and so on, I'm sure that in 2023 the price can rise again, there may be a big case that creates panic like LUNA and FTX but it won't have much effect anymore, and it's possible the price could touch 3x from the current price.
Hopefully what we want can be achieved in the next year so we can get big profits again like before. But before that, we must be patient and keep waiting because market conditions have not improved, and it looks like the market will experience another correction. And hopefully, there won't be any more negative news like before so as not to provoke investors to panic so that the bitcoin price doesn't fall any deeper than now. We can only prepare ourselves by buying more bitcoins at this time because the price is still low. The altcoins bull is yet to come like it did around 6 years ago. Investors have been expecting this to happen and maybe it may be in the next halving season. However what I notice about this market is that at the right time the market will take a turn either for bull or bear and it is not really about fud or panic. There have been two incidents in the history of the market to support my assertion so far. The Chinese ban in bitcoin in the past didn't stop bitcoin rally in 2017 and 2020, the covid-19 pandemic year rather gave the cryptocurrency market more recognition and that is why we saw another ATH. So hodling is good at this bear time. Everything that happens in the crypto market is bound to be replaced, and even though the crypto market is still in a bear market, it is being replaced by a bull market. And even if there is still a lot of negative news about the crypto market in a year or two, that won't stop bitcoin and altcoins from getting an altcoin season and a bull market for bitcoin. And now is a good time to keep hodling potential bitcoins and altcoins. Don't give up and keep hoping this will all be over soon.
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_BlackStar
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Crypto Casino and Sportsbook
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December 20, 2022, 02:29:48 PM |
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If we pay attention to the trend that occurs, it can be said that in 2023 is the beginning of the revival of the market, in 2018 the lowest price of $ 3500 then in 2019 the highest price can touch $ 13k or almost 400%, if we follow the pattern then the highest price of 2023 can touch 4x or around $ 65k. It is very difficult to say anything definite especially because of price fluctuation. Obviously it's always possible to expect recovery during 2023, but it probably won't be much more than you'd expect. I don't expect anything big during 2023, but perhaps $30K looks very likely during Q1. 2024 is looking more convincing than 2023, but certainly the start of a revival can be expected at the end of 2023 which will continue throughout 2024. If you remember about ATH, then 2017 - 2021 - and maybe 2025 the pattern will be the same.
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Ojima-ojo
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December 20, 2022, 07:34:33 PM |
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Ops we are on the same ride, but what makes you different from is that you invested some portion of your capital on altcoins but, on the other hand, I concentrated on buying Bitcoin for long-term holding.
Talking about the Bitcoin cycle is something that we have to wait for to see the results of this present Bitcoin cycle to end after the bitcoin halving of 2024 but there is no certainty of when exactly the price will take a new direction to. make the big mark we all expected.
Buying Bitcoin at its current price is still considered to be a good buy price since the price of Bitcoin is low and a little above $16,000+ price.
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