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Author Topic: 2023 Bitcoin can take a position discussion.  (Read 601 times)
Dave1
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January 04, 2023, 02:45:38 AM
 #21

Assumptions I think the price of Bitcoin will reach its peak by the end of 2023.  Estimates can hit 100k dollars.  This is the biggest opportunity for us to invest.
Just as what we've assumed last 2021, it was $100k. But I don't want to bust the nuts of most that expecting $100k.

It's better to just let it if it hits it but don't expect an exact time when it will happen. Because we don't know when exactly it'll happen, who knows if the cycle this time is different and if there will be more demand pre-halving.

Because what we know is that, most of the increase for bitcoin's demand happens every after the halving and that's by next year, 2024.

And the same assumption that we have in early 2018 that we can hit $50k after reaching a new all time high around $20k at December 2017. So there are a lot predictions, crazy predictions that didn't happened but it took another 4 years to achieved that.

And so in 2021 we thought that 6 digits is within our reach, but it didn't.

So I think in the next cycle, we will finally see it at a minimum.

 
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January 04, 2023, 05:07:09 AM
 #22

Many events occurred in 2022 that caused the Market to crash. The Russia/Ukraine war, Covid-19 and the case that happened to FTX kept the crypto market at a low level. In general, other causes that can trigger a market crash can be triggered by several things. The influence of negative news spread in print and electronic media, lack of liquidity that disrupts the market balance, the limited amount or quantity of crypto assets and the threat of regulation.
In general, currently Bitcoin is in a sideway position. Estimates that it could reach 100 thousand dollars by the end of 2023 are still in the dark because the Bitcoin price movement is purely based on speculation on how people think about Bitcoin performance throughout 2023.

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January 06, 2023, 09:24:10 AM
 #23

It looks like 2024 should be the year we could expect some kind of recovery because it seems 2023 will still be unstable, at least in this first half, due to macroeconomic and political happenings.

Moving sideways is what I would expect, with some minor corrections going both ways, and during that time I just hope something like FTX doesn't happen again.

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January 06, 2023, 11:15:39 AM
 #24

Luna and FTX This is the result of the market falling out of the market.  The Bitcoin market hit an all-time low and the price of Bitcoin will remain slightly lower in January.  Because investors are just waiting for the time when the market will aim higher.  But right now is the perfect time to invest, the market is on the wall.  We should never miss this opportunity.
If investors are still waiting for the right time to enter the market again, market conditions will take longer to rise and will always be sluggish without better movements. Because the boosters and boosters of the foundation of the Bitcoin price in the market are by large and also more investors, so if they are still waiting for the time to enter and don't immediately rush to enter now, a high increase in the price of Bitcoin will always be difficult to happen in this month or in this near future.
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January 06, 2023, 02:41:47 PM
 #25

Luna and FTX This is the result of the market falling out of the market.  The Bitcoin market hit an all-time low and the price of Bitcoin will remain slightly lower in January.  Because investors are just waiting for the time when the market will aim higher.  But right now is the perfect time to invest, the market is on the wall.  We should never miss this opportunity.
If investors are still waiting for the right time to enter the market again, market conditions will take longer to rise and will always be sluggish without better movements. Because the boosters and boosters of the foundation of the Bitcoin price in the market are by large and also more investors, so if they are still waiting for the time to enter and don't immediately rush to enter now, a high increase in the price of Bitcoin will always be difficult to happen in this month or in this near future.
That's just the idea of what demand is; based on the majority. And it just happened that we cannot control the minds of everyone to invest continuously; every investor has their own fear or reason why they are still hesitating at that point resulting for a struggle with the recovery of the market price of cryptos. But if we would base on some market indicators, there are newly released tokens having quite of a good increase which for me, is something to hope for instead of doubting this year which has just began. But that's indeed true, we need something of a "booster" but what could that be? I guess it is something like news in this industry which would attract interest. And what goes by with that is profit in this industry. P2Es and NFTs are somewhat dormat at this point. So maybe, news about adoption of this technology woud be a possibility, to uplift everyone's interest.

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January 06, 2023, 09:30:42 PM
 #26

Luna and FTX This is the result of the market falling out of the market.  The Bitcoin market hit an all-time low and the price of Bitcoin will remain slightly lower in January.  Because investors are just waiting for the time when the market will aim higher.  But right now is the perfect time to invest, the market is on the wall.  We should never miss this opportunity.
If investors are still waiting for the right time to enter the market again, market conditions will take longer to rise and will always be sluggish without better movements. Because the boosters and boosters of the foundation of the Bitcoin price in the market are by large and also more investors, so if they are still waiting for the time to enter and don't immediately rush to enter now, a high increase in the price of Bitcoin will always be difficult to happen in this month or in this near future.
It could be sluggish at first but I think it's going to go up a lot eventually, it will just need some sort of push at first but when the time comes and we actually go up a lot then we are going to end up with a good profit. This is why it's important to focus on making a bit of a profit later on and not short term.

If we end up selling at even the slightest profits, we are preventing it from going up and that's not good, we shouldn't sell as soon as we are in profit, we should wait until we reach to a good level and when that happens it's going to be a great deal for all of us. I know it's not easy to wait when in profit, but we must do that if we want higher prices.

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January 07, 2023, 12:49:47 PM
 #27



In 2022, the cryptocurrency market reached its lowest level due to the three coins Luna, Celcius, FTX.  And it still exists in this state.  2022 was not a good year for Bitcoin.


Who said it was bad? I mean for many people 2022 was really great. I am talking about the ones who wanted an opportunity to buy the high valued coin. Bitcoins were at 69k usd, and many people wanted to buy it. Thanks to 2022, for which we witnessed Bitcoins at 16k usd, and many people bought the coin for such a low price. Now as Bitcoin follows a 4 year cycle, this year is expected to be big for the Bitcoins. Let’s not debate more and wait for the outcomes. Wishing us all the best for the future.

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January 07, 2023, 03:45:16 PM
 #28



In 2022, the cryptocurrency market reached its lowest level due to the three coins Luna, Celcius, FTX.  And it still exists in this state.  2022 was not a good year for Bitcoin.


Who said it was bad? I mean for many people 2022 was really great. I am talking about the ones who wanted an opportunity to buy the high valued coin. Bitcoins were at 69k usd, and many people wanted to buy it. Thanks to 2022, for which we witnessed Bitcoins at 16k usd, and many people bought the coin for such a low price. Now as Bitcoin follows a 4 year cycle, this year is expected to be big for the Bitcoins. Let’s not debate more and wait for the outcomes. Wishing us all the best for the future.

Good point those that stayed on the sidelines from 2009 to last fall could have got in at near 15k

I grabbed a small piece for 15.7k In November.

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January 07, 2023, 05:09:19 PM
 #29

Gold was a negative market more recently from 2011 onwards it didnt break its series of falls till I'd say about a few years ago.  I've been bullish on that asset in a macro way since then and for obvious reasons I dont believe DXY rising reflects loss of value from inflation etc.    So too BTC has periods it will fall for years but once it has outrun that pattern its far more valid to be looking for periods it will gain.
   So far this year BTC is positive only because of its in contrast to its continual fall last year, right now its just about above weekly and monthly averages, most widely watched will be 50 day moving average I think which is attempting to turn positive.
   Finally if we consider 2023 in full breadth we must consider 200 day or 50 week averages even for their inertia; simple take is more time required imo.   Look for a flat 200 day MA, we are not even at that starter line to this race, dont jump the gun  Tongue

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January 07, 2023, 10:26:52 PM
 #30



In 2022, the cryptocurrency market reached its lowest level due to the three coins Luna, Celcius, FTX.  And it still exists in this state.  2022 was not a good year for Bitcoin.


Who said it was bad? I mean for many people 2022 was really great. I am talking about the ones who wanted an opportunity to buy the high valued coin. Bitcoins were at 69k usd, and many people wanted to buy it. Thanks to 2022, for which we witnessed Bitcoins at 16k usd, and many people bought the coin for such a low price. Now as Bitcoin follows a 4 year cycle, this year is expected to be big for the Bitcoins. Let’s not debate more and wait for the outcomes. Wishing us all the best for the future.
You are not wrong as 2022 was a great year for those that wanted to accumulate more bitcoin, but a great deal of traders and investors became part of this market on 2021 and it is not an exaggeration to say that they have been through hell as they invested close to the ATH and then they had to endure a very sudden crash, so for those people 2022 was a terrible year as not only they lost a lot of money but they also lacked the cash to do some DCA as they had invested everything in bitcoin already.
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January 08, 2023, 09:59:29 PM
 #31

The future of cryptocurrency is unknown.  No one can make a correct decision yet, it depends on the market investors and it is beyond imagination what the year 2023 will be for Bitcoin.  Basically the documents need to be counted by investing bitcoins.  Although the price of Bitcoin will increase but towards the end of the year.
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January 08, 2023, 10:09:55 PM
 #32

The future of cryptocurrency is unknown.  No one can make a correct decision yet, it depends on the market investors and it is beyond imagination what the year 2023 will be for Bitcoin.  Basically the documents need to be counted by investing bitcoins.  Although the price of Bitcoin will increase but towards the end of the year.
There’s no assurance and only those who want to proceed and take the risk will know the answer in the future, everything is unsure in the first place, there’s a lot of hat against crypto before but look as us now, so I believe this will be the same scenario, Bitcoin will rise more and 2023 could be the start of it. Try to analyze everything, you’ll see that the next halving is next year and the effect of that can start as early this year so better to take risk now.

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January 08, 2023, 11:19:11 PM
 #33

The future of cryptocurrency is unknown.  No one can make a correct decision yet, it depends on the market investors and it is beyond imagination what the year 2023 will be for Bitcoin.  Basically the documents need to be counted by investing bitcoins.  Although the price of Bitcoin will increase but towards the end of the year.
There’s no assurance and only those who want to proceed and take the risk will know the answer in the future, everything is unsure in the first place, there’s a lot of hat against crypto before but look as us now, so I believe this will be the same scenario, Bitcoin will rise more and 2023 could be the start of it. Try to analyze everything, you’ll see that the next halving is next year and the effect of that can start as early this year so better to take risk now.
We'll never know unless we give it a try ... i mean take this moment as an opportunity despite yeah there is a lot of possibilities ... scenarios that could really happened ahead as we might see the charts show it's a bouncing back time after a continuous disaster , we are trying to do so right now.

But the market has not responded it too well , a slow bounce that looks a bull trap for me.

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January 08, 2023, 11:23:37 PM
 #34



It is obvious that you have to take the shot, if you don't take the shot then you won't know. Like my doctor told me recently, if you go hunting for a duck, and you never pull the trigger at all, how many ducks could you shoot? Zero, guaranteed and no discussion there at all. If you take 100 rounds of shot, you could still hit zero, but it is quite unlikely, if you take just a single shot, there is a lower chance you will hit anything but it is immeasurably higher than taking zero, because even 0.000001% is a chance, whereas %0 is just guaranteed nothing. So I always try my best, just try. Thats what Nike is all about, not titles, not cups, not stats, no success at all, its all about "just do it". You can be 50 years old, diabetic, knees hurt, bad rain weather, walked just 1000 steps, and you are still doing better than anyone who stayed at home that day. Just do it, that's my advice.

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January 08, 2023, 11:36:15 PM
 #35


2023 year Starting January:

Last year 2022 Bitcoin's position or future was dire. The current price of Bitcoin is 16,532$ But on January 2, 2023, Bitcoin's position is slightly downward.  Because the Bitcoin market predicts the price of Bitcoin to hit $30k between April and May 2023.  If Bitcoin stands in this position then the price of Bitcoin will touch the highest level between September and October.

It is quite vague for Bitcoin to hit $30k between April and May 2023, if we consider the year of 2023 as cycle transition, there is a slim chance for Bitcoin to get into the $30k on April and May because supposedly that is the month where cycle is about to transition (just my hunch) and maybe we can see around sub $20k - $25k range.  In this month there is no good news to push the market, even though Feb and March maybe a long time to have fresh events, I do not think that it will have that impact that will rally Bitcoin to $30k in just a short span of time. Unless a miracle happen.



Assumptions I think the price of Bitcoin will reach its peak by the end of 2023.  Estimates can hit 100k dollars.  This is the biggest opportunity for us to invest.

What is your comment?


I assume $30 to $50k  is possible for these year but I do not think Bitcoin will close the year 2023 in $100k top. I think rather Bitcoin will have $100k on 2024 probably during the bitcoin rally toward new ATH which is after 2024 halving.
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January 10, 2023, 08:32:35 PM
 #36



It is obvious that you have to take the shot, if you don't take the shot then you won't know. Like my doctor told me recently, if you go hunting for a duck, and you never pull the trigger at all, how many ducks could you shoot? Zero, guaranteed and no discussion there at all. If you take 100 rounds of shot, you could still hit zero, but it is quite unlikely, if you take just a single shot, there is a lower chance you will hit anything but it is immeasurably higher than taking zero, because even 0.000001% is a chance, whereas %0 is just guaranteed nothing. So I always try my best, just try. Thats what Nike is all about, not titles, not cups, not stats, no success at all, its all about "just do it". You can be 50 years old, diabetic, knees hurt, bad rain weather, walked just 1000 steps, and you are still doing better than anyone who stayed at home that day. Just do it, that's my advice.
Besides we also need to take the context in which we take our shot, someone investing in bitcoin when it was reaching new ATHs almost daily was making a huge mistake if you ask me, as it should be clear at that point that we were near the ATH and that it was going to be impossible to sustain it, right now anyone investing at 17k cannot do much better than that, after all how low the price of bitcoin could go? 13K or 12k? There is not a lot of difference between buying now and buying at those prices especially when many of us expect bitcoin to reach more than 100k during the next bull run.
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January 11, 2023, 07:24:16 PM
 #37

Bitcoin's Position in 2022 year:




In 2022, the cryptocurrency market reached its lowest level due to the three coins Luna, Celcius, FTX.  And it still exists in this state.  2022 was not a good year for Bitcoin.



2023 year Starting January:

Last year 2022 Bitcoin's position or future was dire. The current price of Bitcoin is 16,532$ But on January 2, 2023, Bitcoin's position is slightly downward.  Because the Bitcoin market predicts the price of Bitcoin to hit $30k between April and May 2023.  If Bitcoin stands in this position then the price of Bitcoin will touch the highest level between September and October.

The Bitcoin market is at its peak and this is one of the biggest opportunities for us small investors.  If an investor can invest in this opportunity, he can grab millions of dollars by the end of the year.  Positions that currently hold bitcoins will no longer hold positions.  2018 to 2019 was in the current phase.  So we can never miss this great opportunity.  This is the biggest investment opportunity.

Assumptions I think the price of Bitcoin will reach its peak by the end of 2023.  Estimates can hit 100k dollars.  This is the biggest opportunity for us to invest.

What is your comment?

I have passed the year 2022 through many calamitous times. Bitcoin market hit hard by Russia Ukraine war situation. Then started another disaster in cryptocurrency there Luna platform scam Celsius and FTX exchange platform scam. Amidst so many disasters one after the other, the cryptocurrency market came to a very low level. So you can say without a doubt that the year 2022 will never be good for Bitcoin amid all the calamities.

What the year 2023 will look like for Bitcoin is still uncertain. But until such bad situation in the world becomes normal, the cryptocurrency market may remain in this state. But you can keep investing, Bitcoin will set a new record in 2024. And that new record could be up to $100k or more. Now is the perfect time to invest. Those who are in a position to invest invest, wait for a long time if necessary and hope for a good day.

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February 05, 2023, 09:17:56 AM
Merited by Hallroom (1)
 #38

Bitcoin price is very good at current position.  As we slowly pass through the bear market period, we dream of a bull market in the future.  Bitcoin is already bullish Bitcoin momentum will continue to be bullish until the end of 2023.  So don't miss the opportunity to invest, invest on time.  Now is the perfect time to invest.


Bitcoin price had already touched 24k dollars.  I think the current time is a bull market for Bitcoin.

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March 27, 2023, 01:55:09 PM
 #39

Bitcoin price was currently up to $28,700. However, the price of Bitcoin is likely to rise further. Bitcoin is currently seeing a massive increase in investor numbers, which is why the recent dumping of Bitcoin prices is bound to be offset by pumping. But I think Bitcoin price will increase further in March.
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April 09, 2023, 12:21:31 PM
 #40

Last year 2022 Bitcoin's position or future was dire. The current price of Bitcoin is 16,532$ But on January 2, 2023, Bitcoin's position is slightly downward.  Because the Bitcoin market predicts the price of Bitcoin to hit $30k between April and May 2023.  If Bitcoin stands in this position then the price of Bitcoin will touch the highest level between September and October.

The Bitcoin market is at its peak and this is one of the biggest opportunities for us small investors.  If an investor can invest in this opportunity, he can grab millions of dollars by the end of the year.  Positions that currently hold bitcoins will no longer hold positions.  2018 to 2019 was in the current phase.  So we can never miss this great opportunity.  This is the biggest investment opportunity.

Assumptions I think the price of Bitcoin will reach its peak by the end of 2023.  Estimates can hit 100k dollars.  This is the biggest opportunity for us to invest.

What is your comment?


Perhaps you are spot on with the $30,000 prediction, although we haven't hit that price, but the chance for it is high as we are in the $28,000 at the end of March. Although April looks shaky and there's not much any movement, it's been trading sideways.

So let's see, within 2 months we can hit that $30,00 and who knows what's up till the end of the year.

$100,000 could be far fetch though, in order for us to hit a new all time high, we must first go to bitcoin halving and it's only going to happen next year. But as far as investment, yes, this is still a golden opportunity as the price is still cheap.

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