Will Bitcoin Die or Pump Up in 2023?

[n0ne]

People's expectation is for price pumping, but the reality differs completely. According to experts the market is moving on a four year cycle. Taking the same into consideration the market is predicted to make its move on the bullish side. Right now we've been experiencing the decline. This could continue to the low bottom from which the upside move gets started.

[AakZaki]

Elon became an influence on crypto because he always mentions bitcoin and Dogecoin on his twitter, and this is also supported by a very large number of twitter followers. The richest man in the world is a reference for many people, so what Elon says will be very influential.
Bitcoin will not die, this is still the beginning of Bitcoin's journey. those who say bitcoin will die are just hypocrites who currently do not own a penny of bitcoin. Bitcoin has a strong community around the world including Elon who is a crypto enthusiast.

[Oasisman]

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.

And what if Btc does not meet the price you were expecting? You're gonna leave the market? Lol.
Though I have to agree that Bitcoin might start to pump up again in 2024, most likely after the Bitcoin halving.
But, the possibility for the bear trend to extend for more than 2-3 years are always there.
And that's the reason why, you shouldn't trust anyone who's also after for their own personal gains. You should learn to trust Bitcoin itself.

[_act_]

Elon became an influence on crypto because he always mentions bitcoin and Dogecoin on his twitter, and this is also supported by a very large number of twitter followers.

Elon Musk is an influencer not because he do mention bitcoin, doge or any other cryptocurrency, it is because it has large number of twitter followers, even having follower than any of his companies like Tesla. We know what most people are, they just like to follow someone that is known to them, that people know so well in the community.

And what if Btc does not meet the price you were expecting? You're gonna leave the market? Lol.

We should be positive about bitcoin for not to remain discouraged, to be able to invest at the appropriate time. The bear market period could be long, but there would be a time all-time-high is certain and it is getting closer day by day.

[Yaunfitda]

Again, Bitcoin and dying in one sentence doesn't make sense, it's too big to fall at this point.

This is just another bear market for us, I know everyone is not comfortable, but I guess as we go along in this cycle, we will understand that this Bitcoin's natural path. So next year, maybe it could be worst, but don't be afraid and say that it's the end of it. We will recover in 2024, and once we see the price starts to pump again, everyone will be reassured that the bull run will somehow start, specially after the halving.

[Questat]

Again, Bitcoin and dying in one sentence doesn't make sense, it's too big to fall at this point.

This is just another bear market for us, I know everyone is not comfortable, but I guess as we go along in this cycle, we will understand that this Bitcoin's natural path. So next year, maybe it could be worst, but don't be afraid and say that it's the end of it.

Fear and Uncertainties keep influencing the mind of many people who just come during the bear season but for us who have experience in the past bear season, we could say it was not totally the worse case that happen in the market. Indeed, it was natural, and whether we like it or not, prices will fall into such a trend usually after the bull season which we experience last 2021. Yet, we can't expect this will end next year but probably it will extend. 2023 will still not be a great year but I hope we can see some changes in its demand as it will affect the market price.

[ShowOff]

Elon became an influence on crypto because he always mentions bitcoin and Dogecoin on his twitter, and this is also supported by a very large number of twitter followers. The richest man in the world is a reference for many people, so what Elon says will be very influential.
Bitcoin will not die, this is still the beginning of Bitcoin's journey. those who say bitcoin will die are just hypocrites who currently do not own a penny of bitcoin. Bitcoin has a strong community around the world including Elon who is a crypto enthusiast.

Empty barrels make loud noises - Lol.
That seems appropriate to describe a person who may not own bitcoins while they desperately want to see them die or be worthless. I don't want to argue with people like that because my optimism for bitcoin is higher than the derision of it.

Keep calm, mate. We will not lose bitcoin in this bear market even if we lose most of their price. It's now a 76% drop since ATH, but it's very likely that next year the percentage will improve as the market recovers.

[lizarder]

Times don't change, when bitcoin goes down, it's dead. When bitcoin goes up, laser eyes appear and people start picking out the new lambo. Plus there are all sorts of public people who skillfully manipulate the herd as they need to. That way most people will just lose their money and not earn if they listen to other people's opinions.

Of course it's not a representation of listening to people's opinions if you don't do your own research thoroughly, I mean everyone must have an understanding of bitcoin's journey, because previous market conditions have presented several indices as a reference used for decision making. The four-year cycle is what many people refer to in making decisions, as are the steps before starting to enter the market to buy some bitcoins. The case of losing money really depends on how someone can take advantage of this condition, because actually almost no one loses when investing in bitcoin, if that person understands the four-year cycle.

There is no exact reference for predicting the journey of bitcoin and that's why bitcoin cannot be predicted precisely, people only try to make predictions with some basic considerations, cycles and conditions of bitcoin in the previous year.

[Renampun]

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.
https://imgur.com/a/XFaaPeI

I lost trust in Elon musk for a moment when he sold some of the bitcoin he bought through Tesla, before it he said he wouldn't sell any of it. he is a businessman trying to make big profits from the volatility of the bitcoin price and his habit is not easy to get rid of him.

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.

Elon puts a lot of faith in musk?? I believe you have a typo, what you mean is elon puts a lot of faith in bitcoin lol. everyone can make predictions and speculations about the price of bitcoin for a next month or even next year, it would be better if you follow the advice of people who really focus on bitcoin and crypto investments, not market manipulators who only seek profits from bitcoin.

[bounceback]

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.

Elon Musk is one of the influencers who can influence market price movements as we saw before and so far whatever coin he tweets will definitely make coin prices rise even if only temporarily, but if we talk about bitcoin price speculation in the middle of 2023 then I not too sure if the market will move the way Elon Musk said because many times we notice the market will not always move the way we expect it to.

[AakZaki]

Empty barrels make loud noises - Lol.
That seems appropriate to describe a person who may not own bitcoins while they desperately want to see them die or be worthless. I don't want to argue with people like that because my optimism for bitcoin is higher than the derision of it.

Keep calm, mate. We will not lose bitcoin in this bear market even if we lose most of their price. It's now a 76% drop since ATH, but it's very likely that next year the percentage will improve as the market recovers.

LOL, empty barrels make a loud sound, seems like the right way to describe it. he's just playing on people's psychology to be able to buy crypto and then sell it immediately, giving hope at first by buying bitcoins but ultimately erasing bitcoin payments to his company.

Those of us here who are only small investors in bitcoin can only hope that the market will recover again regardless of the nonsense that continues to be said. Bitcoin is coming back at the ATH price and it's a wait that won't disappoint.

[Swordsoffreedom]

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.

Elon Musk is one of the influencers who can influence market price movements as we saw before and so far whatever coin he tweets will definitely make coin prices rise even if only temporarily, but if we talk about bitcoin price speculation in the middle of 2023 then I not too sure if the market will move the way Elon Musk said because many times we notice the market will not always move the way we expect it to.

Elon has been able to manipulate the market and even bitcoin in the past, but I doubt he can do it again with bitcoin when everyone realizes his manipulations. The only thing he can manipulate in this market may be Dogecoin.
Elon is like us an investor and he just makes predictions like us, there will be right and wrong, don't blindly believe what he says.

But I will agree with you one thing, the market doesn't move the way we expect, when we expect a bull run, it moves in the opposite direction.

[South Park]

Elon has been able to manipulate the market and even bitcoin in the past, but I doubt he can do it again with bitcoin when everyone realizes his manipulations. The only thing he can manipulate in this market may be Dogecoin.
Elon is like us an investor and he just makes predictions like us, there will be right and wrong, don't blindly believe what he says.

But I will agree with you one thing, the market doesn't move the way we expect, when we expect a bull run, it moves in the opposite direction.

One of the problems with a power like influence is that the more you use it to your advantage while at the same time you use it to put others at a disadvantage the less effective it will become, Elon had a tremendous amount of power when he first came to this market as people were happy that a person as wealthy and as famous as he is was willing to give attention to this market, but then he began to do all kind of things just to earn some money for himself at the expense of everyone else, and since then his influence has decreased a lot with only meme coins owners giving him any attention during these days.

[STT]

Im tempted to say consolidation for 2023 because its got to be the most likely.  Theres going to be way more detail to it then just that, it wont be flat because it becomes ironic at some point.  BTC at a very stable price would become a useful reference and attract usage just for that reason, of course that positive then alters the price once more so it wont be going just plain sideways it'll waver.   

[jakanalaxtax]

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.

https://imgur.com/a/XFaaPeI

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.

yes, I really agree with your opinion, it is possible that in February everything will go up again, many think so. Let's hope that no negative news can affect the price of all cryptocurrencies in the coming year. keep thinking positive in the next year

[rodskee]

How do we know mate? but for me one thing is for real and that is Bitcoin will survive and recover after 2023 as I have seen this many times before  so I knew what is coming from this market to the next years.

and also as I don't believe in over expectation because the more we look for so much is the more chances of being failure.

[sana54210]

Elon became an influence on crypto because he always mentions bitcoin and Dogecoin on his twitter, and this is also supported by a very large number of twitter followers.

Elon Musk is an influencer not because he do mention bitcoin, doge or any other cryptocurrency, it is because it has large number of twitter followers, even having follower than any of his companies like Tesla. We know what most people are, they just like to follow someone that is known to them, that people know so well in the community.

That is the weird part about it, he is not really a great investor himself, so it would be weird to listen to him when investing into something. People look at the companies he bought or founded and think that he is a great investor, but the reality is that when he "invests" it is not that great, only great when he manages a company and there is a big difference between having 5% of a company and profit from it, or own 30% and rule it with iron fist.

I think Elon is also a very very weird dude, he says it himself and that's why it's not reasonable to expect him to invest into reasonable stuff neither, he would invest into wildest things ever because that's what he likes to do.

[Moeda]

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.
https://imgur.com/a/XFaaPeI

Of course what they are talking about is also a prediction of the future of Bitcoin. Everyone believes that the price of Bitcoin will increase. This only takes time, investors will not enter the exchange before they are able to make a new breakthrough that makes bitcoin prices increase or bullrun. Before their speakers are in unison, of course the price of bitcoin will not increase. There are so many Bitcoin investors, Elon Musk can't do it alone.

[Silberman]

That is the weird part about it, he is not really a great investor himself, so it would be weird to listen to him when investing into something. People look at the companies he bought or founded and think that he is a great investor, but the reality is that when he "invests" it is not that great, only great when he manages a company and there is a big difference between having 5% of a company and profit from it, or own 30% and rule it with iron fist.

I think Elon is also a very very weird dude, he says it himself and that's why it's not reasonable to expect him to invest into reasonable stuff neither, he would invest into wildest things ever because that's what he likes to do.

This is in fact a good point, if you take a look at some of the richest persons alive you will see that they either hold huge political influence like a president or possibly a king or they are people that built their companies almost from zero like Elon, seldom you will find at the very top an investor, the most known exception of this is Buffett, as such when it comes to investing Elon is probably not the first person that comes to mind, especially since his most recent investment which is Twitter is not doing well despite his best efforts.

[zaki12]

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.
https://imgur.com/a/XFaaPeI

That's on you OP, can't blame you for believing Elon Musk's words because the man is renowned as the richest man here in this planet.

Whether we like it or not, bitcoin will indeed recover as always but saying that it will by the end of winter sounds so speculative because Elon Musk doesn't hold any power to manipulate the bitcoin or have any power to predict what will happen in the future. Elon is not really different to those people are calling themselves experts when it comes to crypto because nobody exactly knows when will be the pump begin.

I also have faith like you. Bitcoin will experience a gradual recovery within this year.
Even though Elon Musk appears as the richest crypto investor in the world, I think he doesn't know exactly when the price will be pumped, he also can't do it alone.

I believe every financial goal requires patience, dedication and consistent passion knowing that investing is currently the most profitable business in the world, both Bitcoin and other cryptos are truly changing people's lives in a positive way.