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Author Topic: Will Bitcoin Die or Pump Up in 2023?  (Read 959 times)
Ridoy5567 (OP)
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December 23, 2022, 08:13:40 AM
Last edit: December 24, 2022, 09:28:35 AM by Ridoy5567
 #1

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.
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December 23, 2022, 08:36:38 AM
Merited by hugeblack (4)
 #2

Elon Musk did not tweeted that bitcoin will increase by the end of winter, the statement 'bitcoin will make it, but might be a long winter' means the bear market could be long.

You should not believe in people, I will advice you to believe in yourself if you can do appropriate reserach on bitcoin. People are expecting 2023 to be for bulls and bears as the price will increase and decrease, while 2024 for more significant bull period.

If I invest on bitcoin, it is not because Elon Musk say anything, it is because I did my own research and still believe that the 4 year cycle will still repeat itself ones more.

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December 23, 2022, 08:51:05 AM
 #3

Elon Musk did not tweeted that bitcoin will increase by the end of winter, the statement 'bitcoin will make it, but might be a long winter' means the bear market could be long.

You should not believe in people, I will advice you to believe in yourself if you can do appropriate reserach on bitcoin. People are expecting 2023 to be for bulls and bears as the price will increase and decrease, while 2024 for more significant bull period.

If I invest on bitcoin, it is not because Elon Musk say anything, it is because I did my own research and still believe that the 4 year cycle will still repeat itself ones more.
Correct, also people will soon understand that no elon controls the big picture, and btc is known to surprise everyone out of nowhere. Theres likely a possibility we can even go mega bull mode starting 2023 (given the massive bull div on weekly candles). However, just stay safu during periods of fomc meetings and cpi dates, otherwise it will always be smooth to trade. Elon's words mean nothing to me Smiley
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December 23, 2022, 08:51:23 AM
 #4

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.



I woudn't trust Elon Musk much. He's a manipulator and is only doing or saying something for his own good. And he's absolutely not a Bitcoin expert, more like a shitcoin shill.
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December 23, 2022, 09:16:41 AM
 #5

Do you still believe that the words of a person like Elon Musk can be considered a good investment opportunity for you? You are now following a person who has millions of followers, and therefore what he says is considered an "axe in the head" and not an investment opportunity.

In general, what the man said is a good opinion, but the investment is based on clear plans and not just opinions, and if you want to listen to opinions, then this year and next may be a good opportunity to build an investment portfolio.

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December 23, 2022, 09:18:24 AM
 #6



No prediction can be made with exact certainty about the Bitcoin market, but considering the relative ups and downs of the Bitcoin market in the past years, Bitcoin will be bullish in 2023, 2024 and 2025.  The Bitcoin market was bullish from 2010-2013 but in 2014 the market saw exceptional momentum and the market declined by -58% from the previous year's market.  The following year, from 2015 to 2017, the market value of Bitcoin increased, and three years later, in 2018, the market declined by -72%, the lowest Bitcoin market decline ever.  Again the market increased from 2019 to 2021 and in 2022 the market decreased to -62%.  So if the market is going through a certain cycle of highs and lows, then assume that the Bitcoin market is likely to grow in the following years.  Moreover, Bitcoin will not be completely destroyed, but a support line will come and the momentum will rise.

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December 23, 2022, 09:23:41 AM
 #7

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.



No one has really seen the future. To be honest there are possibilities that BTC might fall or there are heavy possibilities that Bitcoins will rise. What we can do is just estimate and predict according to that. Moreover 90% of the Bitcoin holders don’t care about Elon Musk’s prophecy. I mean before Elon Musk, they were still believing in Bitcoins and will continue to do it so. Bitcoin always follow the 4 year cycle pattern. So definitely something good is coming very soon. Just don’t lose your patience and hope.

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December 23, 2022, 09:27:34 AM
 #8

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.

i didn't know Elon Musk is a world-class economist. I thought he was mostly making bad cars and manipulating his company stock and other assets through his twitter account.

Elon Musk is not an authority on the global economy. His opinion does not mean much. If you want to invest ... spend some time for your economy and history eduction and unfollow Elon Musk (AKA tHE Great market manipulator).
Ridoy5567 (OP)
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December 23, 2022, 09:31:18 AM
 #9

Elon Musk did not tweeted that bitcoin will increase by the end of winter, the statement 'bitcoin will make it, but might be a long winter' means the bear market could be long.

You should not believe in people, I will advice you to believe in yourself if you can do appropriate reserach on bitcoin. People are expecting 2023 to be for bulls and bears as the price will increase and decrease, while 2024 for more significant bull period.

If I invest on bitcoin, it is not because Elon Musk say anything, it is because I did my own research and still believe that the 4 year cycle will still repeat itself ones more.
Yes, I think so too.  But I see Elon puts a lot of faith in musk that it will grow by the end of winter.  But I agree with you and I have also invested on my own initiative.  And waiting for its price to rise.  And between 2023 and 2024 its price seems to increase.
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December 23, 2022, 10:08:54 AM
 #10

Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come.

It does not end all with just holding, there must be reasons to why your holdings must occur and targets to meet along with the timing stipulated for the duration your holding will take and while holding ensure that your bitcoin has it keys to your possession by using a decentralized wallet

BTC price will increase by mid 2023

This may be either before or after the mid year 2023 but there's certainty forbthe occurrence even though we cannot predict precisely when exactly

And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.

Why should you work by Elon Musk words when he also cannot be sure of himself of what the market may predict anytime, it will be better you conduct your own research and work by what you see coming and not what one says.

R


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December 23, 2022, 10:42:01 AM
 #11




This tweet reply by Elon musk is simple and straight. It will take a longtime that is but the time is only short now because we are almost to 2023 and the bear "winter" can't go more than the next halving in 2024. If going by history of bitcoin, it is normal. In 2018 it is the same so Elon musk can't influence bitcoin price, we know the circle is 4 years to buy now is better soon bull rally will start without the winter.
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December 23, 2022, 10:49:16 AM
 #12

Bitcoin will likely neither pump or die in 2023. Well it definitely won’t die but I don’t think it’ll pump. We’re in the middle of another crypto winter. I don’t envisage any scenario where bitcoin pumps. You are talking about 2024/25 until we see the next bull market. In short, 2023 is likely to see a bottom formed, potentially a capitulation event which confirms a cycle bottom. We will then start to recover & end 2023 above $30,000 if we’re lucky. No all time high until late 2024 though, maybe delayed until Q1 or Q2 2025.

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December 23, 2022, 11:25:22 AM
 #13

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.
It's not wrong to believe what other people say, although everyone has their own right to believe or not believe. Now, in this case, it is Elon Musk who said that he is a person who is very well known in the business space, but you also need to know that what he said still has the possibility of going wrong so you don't need to feel disappointed when what he said at this point is not occur as predicted when the time comes.

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December 23, 2022, 11:35:05 AM
 #14

I have a question for you. Do you invest in bitcoin only from Elon musk motivation?Wouldn't it be better if you invest in bitcoin with your own strength and your own analysis?
You don't need to put too much faith in currently trending artists "Elon musk. You have thoughts that you must carry out. Investing in crypto has a lot of risks and those risks are yours not elon musk. and bitcoin price predictions in the coming year are not necessarily correct and if elon musk's trust is wrong after that the price drops deeper, are you still sure and sure about elon musk?




Invest trust your own predictions, not the predictions of others.
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December 23, 2022, 12:12:00 PM
 #15

Those are not the only two options! Bitcoin may never rise up again and still continue staying strong and provide its unique utility to the entire world as the only decentralized payment system.

According to Elon Musk, the price of Bitcoin will increase by the end of winter.
Nobody really cares what Elon says about bitcoin ever since he started his FUD campaign a long time ago.

Quote
And we should not lose hope.
You should educate yourself about what bitcoin is and stop seeing it as a profit machine!

Quote
And I believe in Elon Musk's words, so you should continue to believe.
Nobody doubts that bitcoin price will start rising in the near future but as I said Elon Musk lost all credibility when he showed his true colors. He is just a big troll and I go as far as calling him a scammer who attempted market manipulation which worked for Doge and only once to a little degree about bitcoin. His subsequent attempts failed miserably though and now he is trying to regain that attention again hoping people have forgotten his FUD campaign and market manipulation...

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December 23, 2022, 01:36:40 PM
 #16

We really must not lose hope and remain patient, waiting for the increase in bitcoin. But you don't need to worry about what other people are saying but do your own analysis because that doesn't guarantee they are right. Also, no one will know when the bitcoin price will go up or down and people out there are just speculating. Maybe we still see the price will be like this next year and will start to increase after mid-2023. Anything can happen.

I'm curious how much price increase Bitcoin will achieve after the last ATH because it won't be easy to increase the price and it may take a while before the price makes a new ATH.

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December 23, 2022, 01:52:37 PM
 #17

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.


First, you should stop trusting someone's claims if you want to invest in bitcoin. Elon is a very influential billionaire, but in the crypto market, he is just an investor like us, his goal is profit, so don't believe what he says, he just wants your money, your money is his profit. History has proven bitcoin always rises again, once the bear season is over, the bulls will come. All the longtime investors in this market know that there is no need for Elon to teach us.

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December 23, 2022, 02:19:11 PM
 #18

According to Elon Musk, the price of Bitcoin will increase by the end of winter.  And we should not lose hope.  We have to harden our minds.  And everyone needs to hold on to Bitcoin tightly so that it doesn't get traded away from the market.  Whoever has the amount of BTC deposited, rest assured.  And wait, something good will come inshallah.  Inshallah BTC price will increase by mid 2023.  And I believe in Elon Musk's words, so you should continue to believe.  The price will definitely increase.



I woudn't trust Elon Musk much. He's a manipulator and is only doing or saying something for his own good. And he's absolutely not a Bitcoin expert, more like a shitcoin shill.
Yes, Elon Musk is a manipulator, and probably not many people believe him now, but still he has some impact on the cryptocurrency market. I like the fact that he at least talks about cryptocurrency. I mean, more people are learning about crypto through his tweets. Whether they believe what he says or not, he is an influence and creates more hype around bitcoin. Someone will read his tweet and buy BTC. That's probably a good thing.

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December 23, 2022, 02:29:59 PM
 #19

I think it's just a vague speculation but indeed I agree with what he said even though I don't like elon.
Bitcoin will work but it does with a note at the end of the sentence actually. he said things like that because indeed he also can't confidently say that this will be good enough in 2023 but what is certain is that bitcoin will still succeed regardless of what it is.
although indeed in this case it takes extra effort to withstand the conditions we have now.

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December 23, 2022, 02:42:00 PM
 #20

We should not take anyone’s expectations fatefully, regardless of his position, experience, and wealth in the crypto market, because there are those who build their expectations and analysis according to market realities and popular events, and there are those who build according to their personal, non-scientific ambitions, and I see that the price of Bitcoin will continue to decline during 2023, which is the expectation closer to the truth, the crypto market witnessed a collective fall of cryptocurrencies and a series of bankruptcies for a number of altcoins and platforms, in addition to attracting investors to altcoins and new projects without bitcoin, which will affect the price later, but it does not matter when bitcoin will pump, the most important thing is to hold it, whatever what harsh conditions we will witness.

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