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Question: Highest bitcoin price in 2023
Below $20000 - 11 (12.9%)
$20000 - $30000 - 24 (28.2%)
$30000 - $40000 - 30 (35.3%)
$40000 - $50000 - 12 (14.1%)
$50000 - $60000 - 4 (4.7%)
$60000 - $70000 - 1 (1.2%)
$70000 - $80000 - 0 (0%)
$80000 - $90000 - 0 (0%)
$90000 - 6 digits - 3 (3.5%)
Total Voters: 85

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Author Topic: Bitcoin price guess, 2023  (Read 2148 times)
Oshosondy (OP)
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January 01, 2023, 12:57:09 AM
Merited by dragonvslinux (1)
 #1

We are all welcome to 2023.

2022 was not a good year, but not exactly a bad year too. Bitcoin falled from $48000 in January and fall to the lowest price of $15500 in November 2022. But we should also know that November 2021, bitcoin got to all-time-high of 69000.

Some people got bitcoin, holding it and the price falled as some people sold. But the good news is that all-time-high is still possible and that might likely be in 2024/2025, just a prediction though. During the falling of bitcoin price, it was more on altcoins as they fall the most.

Some people save coins on exchanges, 2022 was another lesson for those kind of people as FTX collapsed and millions or billion worth in dollars that many people lost. Not you key not your coin is a lesson in 2022 as those coins saved on exchanges wallet addresses dropped significantly after the FTX implosion.

Let us begin the fun of 2023 by guessing what would be the highest bitcoin price in 2023.

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January 01, 2023, 08:56:12 AM
 #2

Let us begin the fun of 2023 by guessing what would be the highest bitcoin price in 2023.

Nice poll. 1 bearish pick and 8 bullish Smiley. I like your optimism Smiley

i've vote for 30-40k. I expect strong recovery that will push price close to 30k. Maybe even above 40k. We did not have a strong short squeez starting from ATH in NOV 2021. RSI on monthly was never as oversold as it is now. Fear/greed index shows extreme fear for last 1 year. We had only few days of fear and 0 days of greed.
https://alternative.me/crypto/fear-and-greed-index/
I expect strong recovery but i don't think it will start next cycle. I think we are done with regular bitcoin cycles.
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January 01, 2023, 12:40:10 PM
 #3

I voted for $20000 - $30000.

Probably for me this is the best scenario, I mean prior to the FTX collapse we are just about in the $20k levels. And we all know that this is the biggest support, that round numbers and most likely this might be the target of the bulls for at least the whole of next year and highs around $30k.

The price though is still very bearish and that's what we should be expecting for next year. Price could be on another sideway pattern.
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January 01, 2023, 01:30:09 PM
 #4

First of all Happy New Year to all of my traders and Bitcoin enthusiasts. 2022 wasn’t good at all for Bitcoins. But before taking it in negative manner, we should really appreciate that, it gave hope to buy more Bitcoins and also welcomed many new users to Bitcoins. This year as many of us predicted will be really big for Bitcoins. Many have estimated Bitcoins to cross 30k usd before March. If Bitcoin manages to do this, then definitely towards September we might see all time high price of Bitcoins. So let’s hope for the best and wait.

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January 01, 2023, 01:49:28 PM
 #5

Predicting for a year is a tough prediction and has almost no basis for reference, because in a year, there will be many events that we cannot predict. But with my hope, I expect bitcoin will be able to hit $30k in 2023, and that will be the basis to signal that the bear season is over and prepare for a strong growth year. What we're all looking forward to is halving in 2024. But before bitcoin can hit 30k, I think it will drop one more time, and that is our last chance to buy bitcoin cheaply.

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January 01, 2023, 02:59:02 PM
 #6

Let us begin the fun of 2023 by guessing what would be the highest bitcoin price in 2023.
From my observations on 2019's fluctuations of bitcoin market, I like to speculate that bitcoin may test up to 80% of its ATH; so approximately we may see $53k levels in 2023. The high of 2019 (the year after bearish trend) was around $15k levels (then ATH was $19.5k). I guess anything from $50k levels to $55k levels got big possibilities in coming months.

Also, I like to speculate about the time frame of occurrence of high price of 2023, as per 2019, we may see high price of this year by 2nd quarter of this year. May or June will be the months as per similar speculation. These are all not by any technical projection but based on the concepts of 4 year cycle of bitcoin market and the saying of 'history repeats itself'.

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January 01, 2023, 03:31:46 PM
 #7

My hope is of course in 6 digits but this possibility will not happen because I think this year we will also go through a slightly difficult condition so that the 6 digit price for bitcoin is a bit of an illusion.
But on the other hand, no one will know what will happen in the future, even though there have been several analyzes carried out, the basis for this is still speculation, the truth of which is not yet clear.
Apart from anything, the most important thing is that we enjoy conditions like this, I think it's enough not to panic too much.

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January 01, 2023, 04:17:51 PM
 #8

We are all welcome to 2023.

2022 was not a good year, but not exactly a bad year too. Bitcoin falled from $48000 in January and fall to the lowest price of $15500 in November 2022. But we should also know that November 2021, bitcoin got to all-time-high of 69000.

Some people got bitcoin, holding it and the price falled as some people sold. But the good news is that all-time-high is still possible and that might likely be in 2024/2025, just a prediction though. During the falling of bitcoin price, it was more on altcoins as they fall the most.

Some people save coins on exchanges, 2022 was another lesson for those kind of people as FTX collapsed and millions or billion worth in dollars that many people lost. Not you key not your coin is a lesson in 2022 as those coins saved on exchanges wallet addresses dropped significantly after the FTX implosion.

Let us begin the fun of 2023 by guessing what would be the highest bitcoin price in 2023.

I chose Below $20000.

This is just a prediction that this year Bitcoin will remain in the price range of 17000 and 20000 at the highest. Do not really expect that the Bitcoin price will pass 20000 this year because there is too much speculation about recession and not very stable geo-political conditions, which will affect the price of Bitcoin.

R


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January 01, 2023, 04:30:11 PM
 #9

I chose Below $20000.

This is just a prediction that this year Bitcoin will remain in the price range of 17000 and 20000 at the highest. Do not really expect that the Bitcoin price will pass 20000 this year because there is too much speculation about recession and not very stable geo-political conditions, which will affect the price of Bitcoin.
As long as that's the best to hope for in something like Bitcoin, I don't think there's anything wrong with this at all. Although the effects of the recession and geopolitical conditions will still be felt in the crypto space as well as in Bitcoin so an increase in the price of Bitcoin may still seem difficult. But I don't think Bitcoin will have a hard time passing $20K within this year, because investors and traders still have great faith in Bitcoin which still has potential for growth and are still making purchases in the market.

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January 01, 2023, 06:35:24 PM
 #10

I voted for $20000 - $30000.

Probably for me this is the best scenario, I mean prior to the FTX collapse we are just about in the $20k levels. And we all know that this is the biggest support, that round numbers and most likely this might be the target of the bulls for at least the whole of next year and highs around $30k.

The price though is still very bearish and that's what we should be expecting for next year. Price could be on another sideway pattern.
This isn't bad for the starters or in the beginning of 2023 but in the second and so on quarters I expect that there will be another set of prices that will take effect in bitcoin e.g $30k- $40k for the 2nd, $40k to $50k for the 3rd and lastly $50k to $60k for the 4th quarter. 2024 should be the year for $100k and onwards because this is also the year where BTC is said to go on a halving.

A $4k jump (from $16k to $20k) is not what you call a bull run but that must only be a normal recovery. The best indication to know if there is now a bull run is when the price starts to rise above $50k since this price is already considered to be high even though the last ATH was at $69k.

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January 01, 2023, 06:47:26 PM
 #11

I voted for $20000 - $30000.

Probably for me this is the best scenario, I mean prior to the FTX collapse we are just about in the $20k levels. And we all know that this is the biggest support, that round numbers and most likely this might be the target of the bulls for at least the whole of next year and highs around $30k.

The price though is still very bearish and that's what we should be expecting for next year. Price could be on another sideway pattern.
This isn't bad for the starters or in the beginning of 2023 but in the second and so on quarters I expect that there will be another set of prices that will take effect in bitcoin e.g $30k- $40k for the 2nd, $40k to $50k for the 3rd and lastly $50k to $60k for the 4th quarter. 2024 should be the year for $100k and onwards because this is also the year where BTC is said to go on a halving.

A $4k jump (from $16k to $20k) is not what you call a bull run but that must only be a normal recovery. The best indication to know if there is now a bull run is when the price starts to rise above $50k since this price is already considered to be high even though the last ATH was at $69k.

$30000 is conservative speculation but it could be more than that by DEC 2023. By 2024 is where the halving will happen and I'm guessing this will really move the price above $100k just when we expected it to happen in 2021 but didn't. Maybe the next will finally make it happen.

So many people have already said we have found the bottom for months yet the price continues to go under. It's when the time when holders already lost hope and sold that they'd be surprised by its price comeback.

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January 01, 2023, 09:54:13 PM
 #12

I chose Below $20000.

This is just a prediction that this year Bitcoin will remain in the price range of 17000 and 20000 at the highest. Do not really expect that the Bitcoin price will pass 20000 this year because there is too much speculation about recession and not very stable geo-political conditions, which will affect the price of Bitcoin.
We can choose the price will want and you may be right, but you should take note that bitcoin is at its lowest price already, I may be wrong but not likely. It could be deceiving that bitcoin is at $16500 today but in just a month, the price can increase above $20000, if it decreased back below $20000, you should not forget that we are speculating what could be the highest price of bitcoin in 2023. I believe bitcoin is going higher than $20000.

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January 01, 2023, 09:58:41 PM
 #13

Voted $20,000 - $30,000.

If 2024-2025 is the time for the next bullrun, 2023 should be the last year of the bearish season. If 2023 is the last bearish, the Bitcoin price should be better than when it is in 2022. During 2022, Bitcoin price was below $20k, it even dropped to $16k at the end of the year. Theoretically, in 2023 the price to raise gradually. In Q1, Bitcoin may struggle to pass $20k, and it may struggle to pass $25k in Q2. While in Q3, I expect BTC price to try passing $30k. Then, at the end of 2023, I hope BTC price moves constantly toward $35k. So, in early 2024, we can expect that BTC price to be around $40k.  Smiley


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January 01, 2023, 10:38:49 PM
 #14

For me, I speculated that this could be the price at the end of the year 2023: 30000 - $40000.

I'm seeing that as we inch we go closer to the halving, there could be FOMO maybe in the last quarter of 2023 that might push the price to be around $30k, then it might be good for us. Assuming that there will be no events, no black swans or something that will put a dent on the market like the FTX collapse of Terra Luna debacle. So it's a long shot but I will stick with this prediction, still conservative estimates as we might be looking at the 6 digit figures in the next ATH 2024/2025. But this is a good indication that we can achieved that $100k that we all wanted to see next if the price in 2023 could be in the $30k-$40k in my opinion.

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January 01, 2023, 10:46:45 PM
 #15

I’m very optimistic for this year and I believe once we are able to break the resistance, Bitcoin will start its up trend up to $30k and beyond this year. This will be a great year again, and we should be more positive after all the stress in 2022. This is a new year, new trend and new opportunities for us to bounce back, let’s just hope that no more negative news that can prevent this market from aiming higher.

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January 01, 2023, 10:47:45 PM
 #16

Take the low of 2020 to the peak of April 2021  and similar, take the high of 2017 down to its low of December 2018; both give us the pricing we are in right now as being a Fibonacci level.   Follow those two paths for a guide upwards or back to retrace the weakness around 10k area, the next lower further down is 13.5k and the next higher up is 20k, roughly the lows since June this year.     We have to see BTC price action prove one of those two directions, we break the ice at 20k and climb back out of this hole or we track the bottom and see 13.5k and do battle there.    Right now BTC is still a ski slope, we have yet to launch and succeed in out flight back up, work to do is still the reasonable conclusion.

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January 01, 2023, 10:59:09 PM
 #17

$20,000 - $30,000 will be a safe prediction since we came from a bear market and I can’t expect Bitcoin to rise instantly after a devastating year, most probably it will take 2-3 years before we finally see the huge pump. There’s nothing to worry though, you can just continue buying while its cheap and increase your holdings, many are doing this already and they know it will be worth it.
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January 01, 2023, 11:05:11 PM
 #18

I’m very optimistic for this year and I believe once we are able to break the resistance, Bitcoin will start its up trend up to $30k and beyond this year. This will be a great year again, and we should be more positive after all the stress in 2022. This is a new year, new trend and new opportunities for us to bounce back, let’s just hope that no more negative news that can prevent this market from aiming higher.
The increment of Bitcoin will be surprising in this year, actually i sense this year like it will join bearish market also as 2022 did, it's obvious that what can bring the price of Bitcoin to increase will depend on the market demand and the market supply, breaking resistance and not breaking resistance will be determined by the people who invest into Bitcoin this year and it will trigger the skyrocket

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January 01, 2023, 11:28:38 PM
 #19

I think the 4 year cycle is about to transition this year 2023, so we can see some recovery before the year end.  I would think of $20k-$30k recovery as pre-halving hype.  Unless there is major negative news that will trigger panic selling for the investors, I believe Bitcoin will hover on that range at the later months of the year 2023.

But in circumstances that there are major positive news such as a major powerful country adopted Bitcoin as legal tender, I would speculate that Bitcoin might go up to $50k at the end of the year.
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January 02, 2023, 02:32:56 AM
 #20

I voted for around $30, $40k. I'd expect a more positive note than the latter half of the last year, but not too much, maybe just enough to push us away from the usual levels we felt by the end. This is talking about the end of the year though imo, by the first half we'd probably see it hovering around between $20, and $25k and staying there for the rest of the year.

The FTX collapse issue should've died down a lot more by then, big news would still probably happen but hopefully nothing major (and negative). Anything bigger than that would probably happen at the latter end of 2024, start of 2025.

R


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