Bitcoin price guess, 2023

[rby]

Bitcoin at $30000

What next?

This thread is becoming boring, bitcoin at $28000 since many weeks ago. Bitcoin hit $30000 today. The last time bitcoin was above or at $30000 was in June last year, that was many months ago. Now at $30000 again. This may be an indication that bitcoin will increase above $30000 in 2023.

Now we are looking towards $30000 to $40000, but maybe the price will start to fall we do not know yet.

Although bitcoin is somewhere between $26k and $27k currently but I had voted that bitcoin will be within the range of $30k to $40k this year. Many people predicting $50k and above amazes me. Although $50k is possible but seeing a new ATH this year is something I consider so difficult.

We are almost at the half of the year and bitcoin is still below $30k, even as it has tasted $30k and exceeding slightly last month, there is still no high expectations above $40k. Bitcoin moves up and down. Knowing the style of bitcoin movement, we shouldn't expect a seamless bull movement even when the real pump has not started.

[1715055279]

1715055279

[1715055279]

1715055279

[1715055279]

1715055279

[1715055279]

1715055279

[aylabadia05]

Actually it is very difficult to predict accurately what the price of bitcoin will be in 2023. However, I see that the bitcoin market is currently in an uptrend and is predicted to continue to rise until the end of this year. Therefore I predict that this year the price of bitcoin has the potential to reach around $35k-$45k.

$35k-$45k is an achievable price based on the market journey from the beginning of the year and it's not too bad as a forecast number. Maybe in early June it will be seen where the direction of the chart moves. This is based on a potential halving.
Of course predicting prices accurately is always difficult.
Waiting for the price to rise past $31k in the foreseeable future requires patience for those of us who invest in the long term considering that the price chart is still decreasing up to 7.3% in a matter of 7 days.

[Kadal Ijo]

I think in 2023 the highest price can reach $ 50k or 2x the current price, of course if there are no disturbances like what happened in 2022, namely many scam cases, but if scam cases happen again and create panic then the price will fall again below $ 20k .

[wmaurik]

I think in 2023 the highest price can reach $ 50k or 2x the current price, of course if there are no disturbances like what happened in 2022, namely many scam cases, but if scam cases happen again and create panic then the price will fall again below $ 20k .

$50K is a relatively high price level for Bitcoin to reach this year, so I only have confidence in the $35K to $40K range for the highest price on Bitcoin this year although some people still say it could be higher than that. But when adjusted for corrections that can still occur in Bitcoin, an increase that is too high may take a little longer to occur in Bitcoin this year and that is apart from cases that could affect the decline in the price of Bitcoin itself in this year.

[Semar Mesem]

Even though the current price looks difficult to increase but I'm optimistic that in 2023 the price can reach at least $ 40k, we'll see if this week it can reach another $ 30k then it's likely that $ 40k will occur in June, then decrease again, and this is a great motivation good for us to keep buying.

[lepbagong]

Even though the current price looks difficult to increase but I'm optimistic that in 2023 the price can reach at least $ 40k, we'll see if this week it can reach another $ 30k then it's likely that $ 40k will occur in June, then decrease again, and this is a great motivation good for us to keep buying.

an increase in the situation had indeed occurred at the beginning of the year and at this time it was corrected again, it seems that the increase at the beginning of the year only gave a momentary shock, then corrected again and it is clear because the situation has not shown any recovery. this year to be able to increase more than $ 50K is likely to be difficult to get but also will not correct any deeper below $ 20K. let this year's price be positioned in the $20K-$50K range, so that as you said it gives an opportunity for those who want to buy to be able to do so before next year there will be an increase due to the halving period.

[Wend]

Even though the current price looks difficult to increase but I'm optimistic that in 2023 the price can reach at least $ 40k, we'll see if this week it can reach another $ 30k then it's likely that $ 40k will occur in June, then decrease again, and this is a great motivation good for us to keep buying.

I also believe bitcoin can hit $40k this year, that's not too hard for bitcoin. But I'm more interested in when bitcoin hits $40k, will it keep going up until the halving happens, or will it correct deeper and maybe go back to $20k? When I looked at the 2018 cycle chart, bitcoin also had a period of recovery after bottoming out at 3k, but then it also dropped back down to 5k before the halving. If history repeats itself, chances are we still have another significant decline.

[jostorres]

I think in 2023 the highest price can reach $ 50k or 2x the current price, of course if there are no disturbances like what happened in 2022, namely many scam cases, but if scam cases happen again and create panic then the price will fall again below $ 20k .

Disturbances are always there and in fact it already happened this year. The recession, the collapse of stable coins, and others. This is why the price is down again. If not because of them, we might be above $31k already. With so many cryptos in an unregulated market, it's normal that there will be scams and they can come from time to time but this isn't new anymore for us to panic about and im sure that the majority of who invest on them are already used to it. Individual scams for some projects won't affect the entire market so don't worry. I think we won't see $20k this year but if we unexpectedly fell on that price, I know we can bounce back again immediately in a much higher price.

[Kemarit]

Even though the current price looks difficult to increase but I'm optimistic that in 2023 the price can reach at least $ 40k, we'll see if this week it can reach another $ 30k then it's likely that $ 40k will occur in June, then decrease again, and this is a great motivation good for us to keep buying.

I also believe bitcoin can hit $40k this year, that's not too hard for bitcoin. But I'm more interested in when bitcoin hits $40k, will it keep going up until the halving happens, or will it correct deeper and maybe go back to $20k? When I looked at the 2018 cycle chart, bitcoin also had a period of recovery after bottoming out at 3k, but then it also dropped back down to 5k before the halving. If history repeats itself, chances are we still have another significant decline.

Yes, it's not hard and doable for us to reach $40,000 this year. We still have at least 6 months to do that. Just look at what had happen in the last 6 months, from the bottom of $15,500 and we have reach $30,000 or even higher.

But it's going to be tough $14,000 increased till the end of the year. The growth seems to slow down this month of May, as there are issues like the high tx fees that is congesting the network. And then we don't have any good news that will make the market alive again. We need something to talk about to trigger that FOMO in all of us to re-invest and other investors too coming in our market to push it significantly higher till December.

[Paul Pogba]

Of course there's still plenty of time to see if the price can go even higher, right now it's around $26k and that leaves us with an opportunity to buy cheap, a lot of people want to buy when the price drops below $20k again but I think it's hard to repeat and it's better to buy immediately at the current price so we don't regret it when the price rises again.

[wmaurik]

Of course there's still plenty of time to see if the price can go even higher, right now it's around $26k and that leaves us with an opportunity to buy cheap, a lot of people want to buy when the price drops below $20k again but I think it's hard to repeat and it's better to buy immediately at the current price so we don't regret it when the price rises again.

The current price range for Bitcoin is between $26K and $27K and I also think that buying a lot or a certain amount is not wrong although you still have to hope for a bigger increase in price this year. Because in general I personally am still optimistic that Bitcoin still has the potential to cross $30K before the end of this year, so it's still very reasonable to still want to buy at this time by removing panic thoughts and implementing the DCA strategy.

[$crypto$]

Of course there's still plenty of time to see if the price can go even higher, right now it's around $26k and that leaves us with an opportunity to buy cheap, a lot of people want to buy when the price drops below $20k again but I think it's hard to repeat and it's better to buy immediately at the current price so we don't regret it when the price rises again.

The current price range for Bitcoin is between $26K and $27K and I also think that buying a lot or a certain amount is not wrong although you still have to hope for a bigger increase in price this year. Because in general I personally am still optimistic that Bitcoin still has the potential to cross $30K before the end of this year, so it's still very reasonable to still want to buy at this time by removing panic thoughts and implementing the DCA strategy.

Within 24 hours there was a slight increase in the price of bitcoin having penetrated $27.3K at this time it was definitely where there was a Pizza day moment maybe people have started to realize that buying bitcoin is very important in this moment but that is hoping to have more money so you can buy bitcoin at once at prices that are still low, while reaching the $30K level is still very possible in the near future it could be that in the following month there will be an increase according to the severe direction that leads to the positive.

If you can't afford to buy more at once then implementing DCA is the most important way to keep accumulating, I think this is indeed the best method that has been suggested for a certain period of time.

[dansus021]

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.

2022 it a bad year  My Porto got red and some of my tokens is turned into dust  but the biggest reward I got the experience from this Experience.

Tho back to topic, my gues this year would be 30-40K level Break 35K level would be hard but if price can manage stay above 35K we might see another bull run 40-45K

[uswa56]

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.

2022 it a bad year  My Porto got red and some of my tokens is turned into dust  but the biggest reward I got the experience from this Experience.

Tho back to topic, my gues this year would be 30-40K level Break 35K level would be hard but if price can manage stay above 35K we might see another bull run 40-45K

That's possible, since the beginning of 2023 we have seen a lot of positive trends and even now prices tend to be at prices that are always close to 30k and in my opinion that is quite positive considering we entered at the beginning of 2023 with prices below 20k and now starting to move up.
In my opinion, this year there has not been a significant movement and I believe the price will remain around close to 30k for a long time this year.

[dansus021]

That's possible, since the beginning of 2023 we have seen a lot of positive trends and even now prices tend to be at prices that are always close to 30k and in my opinion that is quite positive considering we entered at the beginning of 2023 with prices below 20k and now starting to move up.
In my opinion, this year there has not been a significant movement and I believe the price will remain around close to 30k for a long time this year.

Yes at least this year there is an upward trend and also yes bitcoin seems locked at 29-30K level I mean is good tho. I would rather like when price do accumulation and sideaway like these rather than continue to down.

The FED raise the interest rate by 25Bps and there is a possibility that interest still going up in the September and you all guys know that September usually become a SADtember and everything would be red including the stock market as well.

So maybe these bleed end on November 2023 maybe price could hit 35K level.

[jasonjm]

That's possible, since the beginning of 2023 we have seen a lot of positive trends and even now prices tend to be at prices that are always close to 30k and in my opinion that is quite positive considering we entered at the beginning of 2023 with prices below 20k and now starting to move up.
In my opinion, this year there has not been a significant movement and I believe the price will remain around close to 30k for a long time this year.

Yes at least this year there is an upward trend and also yes bitcoin seems locked at 29-30K level I mean is good tho. I would rather like when price do accumulation and sideaway like these rather than continue to down.

The FED raise the interest rate by 25Bps and there is a possibility that interest still going up in the September and you all guys know that September usually become a SADtember and everything would be red including the stock market as well.

So maybe these bleed end on November 2023 maybe price could hit 35K level.

Well, the speculations are that the Bitcoin price might see a significant drop from $29k-$30k and plunge to below $20k in the coming months. I think the price of BTC at the end of 2023 will be somewhere between $15k to $22k (I might be wrong). We will see a new ATH in 2024 after halving.

[dansus021]

Well, the speculations are that the Bitcoin price might see a significant drop from $29k-$30k and plunge to below $20k in the coming months. I think the price of BTC at the end of 2023 will be somewhere between $15k to $22k (I might be wrong). We will see a new ATH in 2024 after halving.

if the fed still raising rates yes maybe we will see another correction but i don't think it will hit the 15K but I might be wrong too 

today price still held at 29K level

[Ayers]

Well, the speculations are that the Bitcoin price might see a significant drop from $29k-$30k and plunge to below $20k in the coming months. I think the price of BTC at the end of 2023 will be somewhere between $15k to $22k (I might be wrong). We will see a new ATH in 2024 after halving.

if the fed still raising rates yes maybe we will see another correction but i don't think it will hit the 15K but I might be wrong too 

today price still held at 29K level

I don't think the Fed rate hike is still having a big impact on the market anymore. Since the beginning of the year, the Fed has raised interest rates twice and it seems that the market no longer overreacts every time interest rates are announced. So I think if the market has a big correction, the cause will not be the Fed. I still predict that the market will not rush to the upside from now on and still have a few corrections before and after the halving. But I don't believe bitcoin can drop below $20k again, I mean, we made a bottom for this bear season and it's over. Those who are still waiting for a lower low to buy may have missed it.

[dansus021]

I don't think the Fed rate hike is still having a big impact on the market anymore. Since the beginning of the year, the Fed has raised interest rates twice and it seems that the market no longer overreacts every time interest rates are announced. So I think if the market has a big correction, the cause will not be the Fed. I still predict that the market will not rush to the upside from now on and still have a few corrections before and after the halving. But I don't believe bitcoin can drop below $20k again, I mean, we made a bottom for this bear season and it's over. Those who are still waiting for a lower low to buy may have missed it.

It is still have impact tho the last time all analysis agree that fed will raise the rates from 5.5% to 5.75% and the market react it. the proof is my image below



The bitcoin price is down for 4%

it is because most of crypto owner is from the united states according to - Triple A survey - https://triple-a.io/crypto-ownership-data/

"United States   339,996,563   44,959,854   13.22%"

[pooya87]

The global economy is still not stable enough to predict things and this month (August) we are going to have a major event with the BRICS currency possibly being revealed which could be another huge step in the dollar dumping process.

For bitcoin this is both good news and bad news in my opinion.
It is a bad news because in short term it could cause more recession ergo put additional sell pressure on the market that prevents the further rises for the time being.
But it is also good news since it continues pushing the dollar value down and as US prints more dollars to cover the enormous budget deficit  and the additional costs in the trillions, that dump helps shoot up the bitcoin price.