Bitcoin high prediction 2023?

[buwaytress]

Yeah, have to agree with what Lucius says about cycles. They're there and I believe at least some form of a cycle has to take place -- whether or not it will be as predictable in timeframe or in amplitudes (highs and lows) is another thing entirely.

And then we have the so-called Black Swan events -- March 2020 stood out in the last cycle, but I see now people are quick to call Terra and FTX black swans (to me, completely rendering the term useless as Black Swans shouldn't happen so often and their impacts should be extremely severe!).

[posi]

Bitcoin's price will be higher at the end of 2023 than it was at the beginning, mainly because of the approaching halving in Q2 of 2024. Additionally, I anticipate that most countries will relax their economic policies after recovering from the effects of the war and pandemic, which will allow for gradual inflows of funds into investments around the world.

If you put it that way, I'd be waiting for the end of the year to see how much Bitcoin price will increase in the market. Because this year there are only 20 days left before entering the new year and that is a very short time.

I see the price of Bitcoin at the moment is always bouncing and I also don't know if that is a sign of increasing higher, or dropping to a lower price than before. Even though if we look at the global use of Bitcoin and cryptocurrency adoption it has started to spread to several countries at this time. And that's a very good thing for Bitcoin.

He is talking about the end of 2023 and the beginning of 2024, not the end of the year, we are in 2022 . I don't know what his prediction is based on to say that the bitcoin price could rise from the end of 2023, but I will agree with him that the market will recover, bitcoin will increase in price as the world economy enters the recovery phase after war and inflation. Like the economic crisis in 2008, everything exploded and grew enormously after the crisis.

[Nrcewker]

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?

How the heck do you know about this mate? You have seen the future? I mean without any proper evidence or proofs these types of proofs or assumptions are useless. If we see previous year graphs, then this is the time when Bitcoins grow in their price to be honest. Moreover you have bought the Bitcoins at a perfect price. If possible currently buy more Bitcoins in the current price. Hold it for couple of months, and I am pretty sure that you will see good profits. 2023 will be really big for all the Bitcoin investors.

[darewaller]

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?

As per usual 4 year cycle of bitcoin, we may have the current bear market only up to the first month of 2023 hence you may expect bitcoin market to recover somehow after that. 90% of chances of 2023 to remain as sideways market which include some recovery from the current price levels.

In 2024 mid, we have halving and usually the halving year is known for getting back to ATH. It means by end of 2024, bitcoin market may trade again around $60k levels. So, the current periods are very good opportunity for buying and holding and I am sure if you manage to buy now and hold then by end of 2025, you may see yourself richer by 10 times. Because, bitcoin market is known for growing 10x from ATH to ATH but now you get chances to buy lower than current ATH.

[Semar Mesem]

After 2022 there was a lot of turmoil from several big cases such as LUNA and FTX then I'm sure that investors are getting smarter now so that 2023 will skyrocket again, don't worry about the future of bitcoin, many experts say that in 5 years the price of bitcoin can reach 10x at its current price of around $175k.

[fzkto]

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?

As per usual 4 year cycle of bitcoin, we may have the current bear market only up to the first month of 2023 hence you may expect bitcoin market to recover somehow after that. 90% of chances of 2023 to remain as sideways market which include some recovery from the current price levels.

In 2024 mid, we have halving and usually the halving year is known for getting back to ATH. It means by end of 2024, bitcoin market may trade again around $60k levels. So, the current periods are very good opportunity for buying and holding and I am sure if you manage to buy now and hold then by end of 2025, you may see yourself richer by 10 times. Because, bitcoin market is known for growing 10x from ATH to ATH but now you get chances to buy lower than current ATH.

Usually the price of bitcoin rose not at the time of the halving but afterwards. So we should probably expect bitcoin to rise in 2025. As for 2023, I also think we should expect a sideways movement, but if you look at the annual price chart, we have a big red candle this year. According to statistics, a red annual candle is always followed by a green one.

[Jon Connor]

Bitcoin price performance I think will be similar to 2015. January price plummet followed by sideways action and another drop in late summer.. Then slow sideways action until December 2023. It’s quite a long wait until the 2024 halving. Price should start its grind upwards early 2024. I don’t see a bull run until mid 2025 tbh. Regulation is coming and “crypto” will suffer. But if you’re a long term bitcoin hodler that can DCA this is a blessing in disguise.

[Wiwo]

What cycle should we expect to see the price start picking, most investors are aiming toward Bitcoin halving to be the starting point of the uptrend movement, but then we must wait it out to see the outcome of the whole event and also that could take up to a year to fully reflect on the market price of Bitcoin. Just as mentioned by others who have commented on the thread, it's an impossible thing to do trying to speculate the timeframe for a cycle in Bitcoin. No doubt Bitcoin's previous chats are there to take note of previous events and cyclical movement but at what point exactly will the dimensional movement start is what most analysts failed to predict rightly, on a general note, I commend your general buying technique weekly accumulation of Bitcoin will help you reduce the risk of decline market movement after buying but accumulating on a steady base will also help you maximize the profit on a short term base, so whatever direction the Bitcoin market goes you will be in a an an encouraging conditions.

[hatshepsut93]

The halvening will be in the first half of 2024, and a bull market would start close to that time, maybe before it, but more likely after it. So I wouldn't expect any particular bullishness in 2023. Maybe there will be a small recovery, but most likely it will be a very stagnating year, like 2019 and first half of 2020.

Halvening cycles is the best thing we have for predicting trends, everything else is based on unknown variables, We can't know when a positive feedback loop of hype could start, but we know when the new supply is going to cut in half.

[iamsange]

After 2022 there was a lot of turmoil from several big cases such as LUNA and FTX then I'm sure that investors are getting smarter now so that 2023 will skyrocket again, don't worry about the future of bitcoin, many experts say that in 5 years the price of bitcoin can reach 10x at its current price of around $175k.

Try to mention the names of the experts who say that here. Bitcoin has been used by many people and is more than 10 years old now. Now, if these experts can read Bitcoin's future for five years, try to say for what year, because making price predictions that high is not just talking nonsense, but always requires clear reasons or references for this.

So I'm a little curious about the experts mentioning that to you, because I never imagined Bitcoin for $175K myself. Because I will always feel very happy and very grateful if I can see Bitcoin at $ 75K without having to have $ 100K behind it.

[Baofeng]

Yeah, have to agree with what Lucius says about cycles. They're there and I believe at least some form of a cycle has to take place -- whether or not it will be as predictable in timeframe or in amplitudes (highs and lows) is another thing entirely.

Yes, and unless we break it in this 4 year cycle, then it will have to take place. I understand that there are proponents who says that we might see a super cycle or it will be broken into 2 small cycle because bitcoin narratives have change. However, I think it will remain and continue to hold true as 2022 is the start of the bearcycle.

And then we have the so-called Black Swan events -- March 2020 stood out in the last cycle, but I see now people are quick to call Terra and FTX black swans (to me, completely rendering the term useless as Black Swans shouldn't happen so often and their impacts should be extremely severe!).

As I have said in the previous post, this so called Black Swans will have to happen in a bear market, like you mentioned the Covid-19 March 2020 was the one in the last bear cycle. Now we have the Terra Luna and recently FTX collapse, this event is inevitable, someone or something will have to happen to bring the market down and reach capitulation or order for us to rise again in the bull run.

[Vinaa77]

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?

Late 2022, Bitcoin price will be above $15k, and not much lower than that. Beginning in 2023, the price of Bitcoin will drop much lower than the price at the end of 2022. But entering Q2 of 2023, the price of Bitcoin will start to pump slowly, approaching 2024 a spike in the price of Bitcoin will begin to appear, or a chart looks like a standing wall. It is entering a bullrun phase, of course we are getting ready to turn a profit. But this is just an analysis, maybe it can't be used as a reference for trading.

[sana54210]

Yeah, have to agree with what Lucius says about cycles. They're there and I believe at least some form of a cycle has to take place -- whether or not it will be as predictable in timeframe or in amplitudes (highs and lows) is another thing entirely.

Yes, and unless we break it in this 4 year cycle, then it will have to take place. I understand that there are proponents who says that we might see a super cycle or it will be broken into 2 small cycle because bitcoin narratives have change. However, I think it will remain and continue to hold true as 2022 is the start of the bearcycle.

I still think that we are at that one large increase level, however after the next one it could be broken into two smaller ones. Right now, having 10x or even if you push it 20x is not impossible. The bottom was 16k, which means 320k would be 20x and that is HUGE increase for bitcoin, I am guessing it won't be that high but it is a possibility there. Which means we are talking about something that is a bit harder to handle, and that's going to be the key here for sure, anything above 200k is a huge one large move.

However, if we are talking about something that is two smaller pieces after that, it makes mor sense, like 240k will drop to 100k or something, and then we will go to 300k, only 3x and small, but then it will go towards 150k to 200k and then we will go to 500k, that type of moving is possible.

[JoyMarsha]

When you sell cryptocurrency for less than what you initially invested, it is the only time you will experience a loss. It's quite acceptable to ask for $100,000 in bitcoin before selling. By 2024, it's conceivable that bitcoin may soar to its all-time high, or $100,000. At least by then, the profits from your investment in bitcoin will have completely offset the losses from your investment in alternative cryptocurrencies.

[sheenshane]

When you sell cryptocurrency for less than what you initially invested, it is the only time you will experience a loss. It's quite acceptable to ask for $100,000 in bitcoin before selling. By 2024, it's conceivable that bitcoin may soar to its all-time high, or $100,000. At least by then, the profits from your investment in bitcoin will have completely offset the losses from your investment in alternative cryptocurrencies.

That's right!
Because it will remain 1 Bitcoin if you have 1 Bitcoin in your wallet and there's nothing to lose if you won't sell it.
Never sell under the price where you purchased Bitcoin, aim for your targeted profit when you are planning to sell them.

I didn't hear any news that Bitcoin become bullish by the next sure, so my assumption Bitcoin price will remain and struggle to raise by next year.  But who knows if there's a big activity that usually takes affects the Bitcoin price by the next year 2023.

I may suggest continuing the DCA way when purchasing Bitcoin, this would help to minimize your losses while waiting for the bull run.

[wxa7115]

After 2022 there was a lot of turmoil from several big cases such as LUNA and FTX then I'm sure that investors are getting smarter now so that 2023 will skyrocket again, don't worry about the future of bitcoin, many experts say that in 5 years the price of bitcoin can reach 10x at its current price of around $175k.

It is possible the price of bitcoin is going to be that high at that point in time, but it is irrelevant as we are still far away from that date, what we need to do is to concentrate on the now, and right now you can buy bitcoin for a very cheap price.

So if someone has some cash available and they are completely sure they can hold their coins for the long term then this is the perfect moment to buy some bitcoin, as we never know when we could experience a small recovery and we will be forced to pay more for the same amount of BTC.

[Sebas.tian]

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?

I think, the price of Bitcoin will definitely hit back to $60,000 next year 2023 for traders to believe that the price of Bitcoin will improve higher in 2024, because 2024 is the main year many bitcoiners are planning to release their bitcoins for sales so that they will have enough money to prepare in case the price of Bitcoin drop down again for them to use the opportunity to buy and hold. Now that the green light is preparing to remain stable, showed that the bearish market is about to give way for bullish market to come so that those that bought Bitcoin when the price was low to use the opportunity to sell to make more incomes from their investment

[peter0425]

I have been in crypto almost 1 year now and has been an interesting year to say the least. When I bought my first crypto in January I didn’t know anything about cycles and just started investing after a friend had been telling me for months to do so.

My portfolio is currently 40% down and I have just been buying weekly throughout the year and more when we have crashed and haven’t sold anything yet.

Up until today I had the plan of just holding and selling when everything gets back to all time highs again but I have just realised as I have been buying at these lows for a while now my average buys have decreased a lot meaning I don’t need my investments to go back to all time highs to see good returns.

I only started investing in Bitcoin after the June crash so feel I have a good average price currently as I have only been buying between £13k - £20k. Bitcoin I will hold until £100k at least but altcoins I own I realise I don’t need to wait for them to get back to all time highs to see good returns.

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?

talking about "Before 2024" seems to be hard as you are asking how high it can be? maybe best to ask for the 2024-2025 as this is the year we are talking about Bull because you seems to be holding so why need to seek for the earlier when there is the much better year?

[JamesDaniel90]

I have been in crypto almost 1 year now and has been an interesting year to say the least. When I bought my first crypto in January I didn’t know anything about cycles and just started investing after a friend had been telling me for months to do so.

My portfolio is currently 40% down and I have just been buying weekly throughout the year and more when we have crashed and haven’t sold anything yet.

Up until today I had the plan of just holding and selling when everything gets back to all time highs again but I have just realised as I have been buying at these lows for a while now my average buys have decreased a lot meaning I don’t need my investments to go back to all time highs to see good returns.

I only started investing in Bitcoin after the June crash so feel I have a good average price currently as I have only been buying between £13k - £20k. Bitcoin I will hold until £100k at least but altcoins I own I realise I don’t need to wait for them to get back to all time highs to see good returns.

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?

talking about "Before 2024" seems to be hard as you are asking how high it can be? maybe best to ask for the 2024-2025 as this is the year we are talking about Bull because you seems to be holding so why need to seek for the earlier when there is the much better year?

I know 2024/2025 is going to be the big years, my own prediction is Bitcoin will reach $100k in 2025.

I am just wondering for those who have been in crypto many years and have seen previous cycles what next year may be like. Are we expecting to see Bitcoin below $20k all year or is there likely to be a rally to $35k or something?

[bitterguy28]

I have been in crypto almost 1 year now and has been an interesting year to say the least. When I bought my first crypto in January I didn’t know anything about cycles and just started investing after a friend had been telling me for months to do so.

one of the most stupid start , investing because a friend told them and not digging about the market flow and movement.

My portfolio is currently 40% down and I have just been buying weekly throughout the year and more when we have crashed and haven’t sold anything yet.

dont worry , you are not alone in this drop so let it there for a year or more now.

 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?

well the lowest price i  could tell is 10, that is the cheapest we can buy before the halving happens in 2024 .