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Symmetrick (OP)
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January 02, 2023, 10:25:54 AM
Last edit: November 29, 2023, 11:50:51 PM by Symmetrick
 #1

Oshosondy
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January 02, 2023, 10:39:16 AM
 #2

People that are interested can also let us discuss what the price of bitcoin can be in 2023, but it is about what would be the highest price this year. The pool can be accessed through the below link:

Bitcoin price guess, 2023

Back to this thread, the lowest price I guess is $15500 which was the lowest price in 2022.

I do not know what th highest price can be for now, but it guess it would be between $40000 to $50000.

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There will be a continuation of the bearish trend and a new bottom
No

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The bottom has already been passed, but there will be no growth this year
There will be increase in bitcoin price this year

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Bitcoin is waiting for a recovery, the bearish trend is over
Yes, but there will still be bear market that will lead to bitcoin getting back to 20000 before 2024 bull run

Quote
There will be a new ATH in 2023
No, there will be nothing like ATH this year.

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January 02, 2023, 11:20:37 AM
 #3

In my opinion, now Bitcoin is in consolidation, reaching a new bottom, although possible, is unlikely. This year there will be a recovery in the price of bitcoin, but ATH is definitely not worth the wait. The maximum price of bitcoin can reach the last maximum of 2022, at around $48,000. By the way, it was from this mark that the price started in 2022, and it was to this mark that the price came before descending below $20,000.

I have symilar predicion. Funy is that there is no option in your poll that i can pick.

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.

So i miss an option "we are close to strong recovery (even x3 from current price) but we will not see a new bull market with new ATH like in previous cycles."
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January 02, 2023, 12:38:33 PM
 #4

Imo: it's possible that we already had the bottom, but it's slightly more likely that we'll drop a bit more. But regardless if we drop more or not, this area is probably a decent place to start DCA-ing as I don't expect us to go bounce up immediately.

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January 02, 2023, 03:05:24 PM
 #5

I would like to know the opinion of users about what 2023 will be like for bitcoin and what to expect from the market this year?
Until the last quarters of this year, I expect 2023 to be bearish and that will be in preparation for the anticipated halving of 2014. I don't see much happening this year with Bitcoin price and investors profiting from it. Only those who engage in margin trading will benefit from the slope that will continue to hit this industry as taking shorts will save the day.

Quote
The maximum price of bitcoin can reach the last maximum of 2022, at around $48,000. By the way, it was from this mark that the price started in 2022, and it was to this mark that the price came before descending below $20,000.
I know we're merely speculating here but I believe Bitcoin price is likely to get to that point of $48,000, even before the last quarters of 2023 (which is where I expect bullishness). However, it's in 2024 that I envisage the main bull rally that will get price crossing $100k. I quoted that price from a calculative evaluation of the last two Bitcoin halvings and how price soared then. It's not as a wild guess. From $19k+ in 2017 to $68k+ in the last ATH in 2021. The price difference was much and so shall it be in the coming ATH.

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January 02, 2023, 03:15:50 PM
 #6

I believe there will be a continuation for bearish trend because there’s no positive news that can outshine the recession globally. This trend will continue until the Bitcoin halving will occur that will result a short relief or rally. After the relief, the price will dip to the low probably on 10K or less since those who buy on the relief rally will panic sell once whale who traps them will sold there holdings.

This will scenario will continue until we hit the rock hard bottom which volume is already thin and moving sideways. Those institutional investors like Saylor, El Salvador and others are the one that makes this current price stand still. But everything will collapse once one of them bail out on holding.

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January 02, 2023, 05:38:41 PM
 #7

I believe there will be a continuation for bearish trend because there’s no positive news that can outshine the recession globally. This trend will continue until the Bitcoin halving will occur that will result a short relief or rally. After the relief, the price will dip to the low probably on 10K or less since those who buy on the relief rally will panic sell once whale who traps them will sold there holdings.

This will scenario will continue until we hit the rock hard bottom which volume is already thin and moving sideways. Those institutional investors like Saylor, El Salvador and others are the one that makes this current price stand still. But everything will collapse once one of them bail out on holding.
Recession can be a main problem outside but inside the crypto world there are worse than that. You know, the FTX, Binance fuds, and the rest. I didn't mentioned them because they may be outdated already but the effects or the trauma might still be there for some us. They can't fully moved on yet maybe not until a big positive news come along the way.

The BTC halving is still far IMO but when it comes I think a big rally will happen not just a small relief but small reliefs can rather come onward in this current year. I am sceptical if we will reach a $10k low as for me, that is too low already and I think the people right now are much stronger than before.

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January 02, 2023, 06:00:14 PM
 #8

Personally, I don't expect bitcoin's to fall heavily in 2023. Of course, I can't know exactly how the crypto market will behave, but that's my guess. If even with such strong shocks in 2022, bitcoin was able to hold on to current price levels, then what would have to happen to break the bottom? It must be something so catastrophic, the probability of which is almost zero. In this regard, I expect that in 2023 bitcoin will hang around at the previous levels, periodically going up a little. I don't think there will be strong growth.

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January 02, 2023, 06:44:23 PM
 #9

Neutral scenario so far, with chances of a new bottom below 15,000$ or stability around 16,000$-17,000$, but minimal chances of a positive trend happening anytime this year.

I don't think economical global crisis is the reason behind the bearish market, because despite crisis, money doesn't disappear. Fortune is always somewhere, the problem is that it's concentrated in the hands of few individuals and these individuals aren't interested in bitcoin investment right now. To take the bear away and to bring the bull, these wealthy investors must retrieve their interest in bitcoin, meaning bitcoin must shine when compared to other investments' alternatives. Since bitcoin can't do this for now, we are still suffering in this market.

The real reason of the bearish market is that there are better alternatives for influent investors at this time, outside crypto industry.

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January 02, 2023, 09:24:05 PM
 #10

Honestly I expect it to not crash, that is good enough for me. If we do not go under 15k all year, then I have what I need from it and that is good enough for me. I understand that people have a huge increase needs, like they want to see it at 30k first, then even break ATH and want to make huge amounts of profit and I get it, I understand it. But that doesn't mean that we are going to end up with something huge neither, it's fine if we do not have it at all.

This is why I believe that we should not be really focusing on the current situation as a big deal, just nothing under 15k is more than enough for me, even if we stay in between 16k to 20k all year without going under or over, that's fine.

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January 02, 2023, 11:47:54 PM
 #11

Slight recovery I guess would be enough. I'm not expecting anything huge for this year because it just seems that it won't unless there will be something new, or a trend, that will boost investment interest towards this industry just like early or first quarter of last year. Right now, I'm looking forward more in 2024 in particular with the next Bitcoin halving. But ofcourse I am still hoping that there will be alternative trends to make profit from despite of the market behavior which will afterwards have a positive effect in this industry just like with NFTs and P2Es in 2022. To answer the question, I think the market price would stabilize around $15k to $18k on the first quarter of this year.

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January 03, 2023, 12:31:47 AM
 #12

Recovery brother
ATH not ruled out but also not a sure thing
Though BTC is amazing in the part of surprising
So a Double ATH at the the table just as well as a 20-30-40 or whatever price...

Its a fools game of predicting a price and a winners game is hodling and buying more ...

just take the winners hand in this easy game

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January 03, 2023, 02:54:47 AM
 #13

I voted for Bitcoin waiting for recovery. But I don't think the bearish trend is over. If we're waiting for recovery, that means we are still in the bearish trend. But I don't think the price would still fall further hitting $10,000. The bottom might just be around $15,000, give or take. I don't have much big hopes for 2023. I just think it is not going to be worse. The first few months might just be this same boring sideway movement. That's probably a consolidation period going towards recovery. But that recovery isn't a complete one. So thinking of a new ATH in 2023 is probably disappointing.
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January 03, 2023, 07:27:19 AM
 #14

ATH not ruled out but also not a sure thing

If anything, I think we shouldn't wish for a new all-time high this soon. If we do reach new ATHs in 2023, chances are, it's going to have a quick drop as usual. Idunno, I personally just prefer sustainable rallies than PnD-like price movements.

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January 03, 2023, 09:01:06 AM
 #15

The development of Bitcoin in 2023 will move flat and it is likely that no new ATH will occur.
In my opinion, Bitcoin is still waiting for a recovery like one of your trails but I don't think the bearish trend will end this year. In fact, I still think that the market will experience a price decline, although not too deep.

Hope in 2023 that Bitcoin can step away from the bearish.

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January 03, 2023, 09:48:06 AM
 #16

I don't know but I voted for this: There will be a continuation of the bearish trend and a new bottom.

For me the bearish trend will continue, and it will be another long year and we could hit another bottom for all we know. The market is still very negative, the sentiment is that investors are not willing to pour their money because of what we have seen like t he collapse of FTX. So at the back of their mind, it's not good unless there will be an event that will make them FOMO and so there will be occasional pump in the price. But throughout, it's going to be another crypto winter for us.

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January 03, 2023, 09:59:30 AM
 #17

The next target now is 13k and yes it is possible and also may never come to reality, instead of trying to see how this will go it is better to start accumulating right now, things happen very fast in this market that's why it's dangerous to believe that you can find the bottom.

I am not expecting anything big this year and this may be the final bearish year for crypto since halving is in 2024 so I will just keep buying what I can and prepare for the future.

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January 03, 2023, 04:08:03 PM
 #18

My predictions are normally horrible. Although, I do think we'll have some sort of recovery this year. I'm not sure how much it will actually recover, but I suspect people will be dealing with the recession a little better in a few months, and that might allow extra adoption . I'm also anticipating companies, and banks to fall through, and increase the skepticism around fiat. Not sure if banks will be the ones to fall, but I imagine there's going to be a lot of physical shops closing down in this period, which might encourage digital money. Hopefully, people consider their options, and don't just accept digital money, but look at alternatives, i.e Bitcoin.
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January 03, 2023, 04:49:58 PM
 #19

We don’t expect anything from Bitcoins, rather we are the ones that truly affects the price of the coin. I admit that 2022 was a bad year for Bitcoins and it’s holders, but to be honest it was really an opportunity for many new investors as they were able to buy this extremely valuable coin in such a low price. Definitely this year Bitcoins will rise, it will happen as we have seen the 4 year pattern graph previously. The thing that I expect this year is  that, people shouldn’t become impatient and try to hold the coins as long as they can.

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January 03, 2023, 06:00:36 PM
 #20

Voted for "There will be a continuation of the bearish trend and a new bottom" as I don't think we are at the bottom yet but not far from it as well. Everyone expects that bitcoin do its things like in previous cycles, but this is the first time in its existence that it may go through recession so recovery and new all time high might take a longer time than before. Then again, I've been consistently wrong in my pessimistic predictions so hopefully it will be the same this time.

Either way, I have no intentions waiting for possible bottom and instead I've been adding more bitcoin on every salary.

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January 03, 2023, 06:16:20 PM
 #21

In my opinion, now Bitcoin is in consolidation, reaching a new bottom, although possible, is unlikely. This year there will be a recovery in the price of bitcoin, but ATH is definitely not worth the wait. The maximum price of bitcoin can reach the last maximum of 2022, at around $48,000. By the way, it was from this mark that the price started in 2022, and it was to this mark that the price came before descending below $20,000.
Of course 2023 is not the right time to reach a new ATH for Bitcoin or Altcoins. I predict the price of Bitcoin will increase to $ 25k to $ 30k for 2023. Of course, this increase will be preceded by a long bearish, then it will only start to increase again so that it appears a high price increase, or a high chart percentage. If Bitcoin starts pumping to reach a new ATH, of course the whales will do so at a much higher price than the previous ATH. However, if we look at current global developments, they are not yet ready to enter the crypto market, because the economic crisis continues.

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January 03, 2023, 08:31:44 PM
 #22

Well, 2022 is over, the results of the year are summed up, which means the time has come conduct the next survey. I would like to know the opinion of users about what 2023 will be like for bitcoin and what to expect from the market this year? Will there be a new bottom? Will the bearish trend continue, or will the market enter a recovery and accumulation phase? What annual candle will the price of bitcoin close in 2023? Will there be ATH, if not, what peak prices can we expect this year?

In my opinion, now Bitcoin is in consolidation, reaching a new bottom, although possible, is unlikely. This year there will be a recovery in the price of bitcoin, but ATH is definitely not worth the wait. The maximum price of bitcoin can reach the last maximum of 2022, at around $48,000. By the way, it was from this mark that the price started in 2022, and it was to this mark that the price came before descending below $20,000.
Hopes and dreams have become things that investors, traders and miners really desire, of the many that I mentioned maybe their dream is to see Btc make a new ATH in 2023. I may not see full details of market treatment in 2022 but in my memory there are some important events that destroyed this industry in 2022 and many of them lost everything.

so apart from that every price increase will be an encouragement for Btc holders, maybe to reach a new ATH we need patience but that is our dream. I see the market cycle will gradually improve and the market impulse will improve soon. patience is the key to what happened in the previous year.

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January 03, 2023, 08:32:44 PM
 #23

There will be a continuation of the bearish trend and a new bottom

Im not expecting that much for this year this is why i do make myself believe that price might get worst or might be seeing new bottom so that i wont really be that disappointed if ever it would happen.
Some do say that each year becomes even more worst but without thinking that this market cant really be like this forever.There would really be a time on which we would really be that
seeing some green candles and experience again some bull run but its better not to make yourself in a hurry so that you wont really be becoming desperate
for whatever decisions you would make.

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January 04, 2023, 11:00:23 AM
 #24

The next target now is 13k and yes it is possible and also may never come to reality, instead of trying to see how this will go it is better to start accumulating right now, things happen very fast in this market that's why it's dangerous to believe that you can find the bottom.

I am not expecting anything big this year and this may be the final bearish year for crypto since halving is in 2024 so I will just keep buying what I can and prepare for the future.
I feel like something like 13k is near impossible unless some huge news comes out. Like if we see Binance go the way FTX did then I can understand it but aside from that I am not expecting anything like that.

It is clear to me that the best thing to do would be having 16k+ as the base for this year and then go up from there most probably. Nothing special, not expecting ATH or anything, but I am not expecting any new bottom neither, just because we are near the bottom people think we could break under it, but being close means it is also at the hardest point to crack under as well, all the sellers already sold, we need new sellers for it, and that's tough.

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January 04, 2023, 05:00:14 PM
 #25

Usually predicting bitcoin in a year is a hard task, this year it is specifically tough because of the situation with the global economy. Bitcoin doesn't follow any other markets but it is definitely negatively affected by the economy specially by "recession". Everyone is already predicting more recession[1] on top of what we've seen so far and when it is accompanied by inflation, bitcoin can't have a bull market. So that option is out.

I personally don't see any more dumps coming anytime soon so that option is out too, but that's unless nothing big and negative takes place like another major exchange getting hacked or another country (like Taiwan) being invaded, etc.

For the time being, I'll continue taking advantage of the reverse bubble and continue accumulating.

[1] https://www.theguardian.com/business/2023/jan/02/third-of-world-economy-to-hit-recession-in-2023-imf-head-warns

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January 04, 2023, 07:06:36 PM
 #26

It's obvious. The bearish trend will continue. Within the next month, the price will fall below $16k and at no point this year will the price sustain 5 consecutive days above $17k.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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January 04, 2023, 08:48:00 PM
 #27

It's obvious. The bearish trend will continue. Within the next month, the price will fall below $16k and at no point this year will the price sustain 5 consecutive days above $17k.

I don’t think it’s obvious. In fact, the 4-year cycle has bottomed by now in each of its previous cycles indicating that the bottom is in. There is also the fact that the FTX blowup exposed who had Bitcoin and who did not, leaving very little left that could cause a further drop from here. It seems obvious to me we’ll see a build up in price leading into the halving event, with a potential drop for the mtgox coins to be distributed.

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January 04, 2023, 09:55:44 PM
 #28

To see this many people who are still afraid that there will be even more drops is making me sad. I think it has already seen the bottom, and there could be a small growth, not huge, so I am thorn between answer two and three, I do not think that it will break any new ATH at all, that is not going to happen this year but I think it will grow only a small amount, like maybe somewhere between 20k to 30k, that would be it.

It means it is still a good result for bitcoin, and even though it is not a great thing, it is still better than 2022 at least, there won't be more drops and that means it is a good result and that is definitely mean a lot, if we don't drop.
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January 04, 2023, 11:55:59 PM
 #29

To see this many people who are still afraid that there will be even more drops is making me sad. I think it has already seen the bottom, and there could be a small growth, not huge, so I am thorn between answer two and three, I do not think that it will break any new ATH at all, that is not going to happen this year but I think it will grow only a small amount, like maybe somewhere between 20k to 30k, that would be it.

It means it is still a good result for bitcoin, and even though it is not a great thing, it is still better than 2022 at least, there won't be more drops and that means it is a good result and that is definitely mean a lot, if we don't drop.
You cant blame them considering that this had been a common impression and basing up on the behavior then you could really say that chances and probabilities of dip could really happen.

Expecting something from Bitcoin? Just make yourself do able to ride off with the waves and wont really be that too optimistic nor pessimistic.This is the way on how you should
be dealing off with this market on where you would really be able to adjust whenever its on bull or on bears.

For this 2023 then we cant be sure if its a good one or an another bearish market we could be having on here.

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January 07, 2023, 02:16:23 PM
 #30

I was planning on making a 2023 BTC price speculation thread but it looks like there already more than a couple.  Lol.  I'll post here as I think it's the best of them.

Here's the thing...  When has BTC ever had two consecutive red yearly candles?

I'll leave this right here.


R


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January 07, 2023, 03:30:31 PM
 #31

This is a topic of expectations, and interesting to see results 54% expect this year to be another bearish year and a new bottom. Bitcoin price prediction is almost impossible, but I really expect bitcoin to continue to fall further as I believe many people are still not selling their bitcoins. Once people haven't sold their bitcoins means whales still haven't hit their target they will never let the market go up anytime soon.
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January 07, 2023, 05:00:47 PM
 #32

I was planning on making a 2023 BTC price speculation thread but it looks like there already more than a couple.  Lol.  I'll post here as I think it's the best of them.

Here's the thing...  When has BTC ever had two consecutive red yearly candles?

I'll leave this right here.



looks like in 2015 there was 2 consecutive red yearly candles for a time, the 2nd candle did end up closing green but it was red for a while.
this is a possibility for 2023, if the bottom isn't already in it Will be put in in 2023 (probably Q1 of 2023)
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January 07, 2023, 05:05:04 PM
 #33

This is a topic of expectations, and interesting to see results 54% expect this year to be another bearish year and a new bottom. Bitcoin price prediction is almost impossible, but I really expect bitcoin to continue to fall further as I believe many people are still not selling their bitcoins. Once people haven't sold their bitcoins means whales still haven't hit their target they will never let the market go up anytime soon.
That's just your thinking, because the whales can enter the market at any time they want and I don't think that the whales will still be waiting for the lowest price in the market if for now it can still make them more profitable. I'm more sure of an increase in the price of Bitcoin this year than a further decrease in Bitcoin, even if not by a large percentage. But right now Bitcoin looks to be moving towards a slow rise as it touched $17K today even if only briefly.

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January 07, 2023, 05:21:00 PM
 #34

In my opinion "The bottom has already been passed, but there will be no growth this year", that seems true considered the current state of the economy. The buying trend is expected to increase even more during 2023 as the halving cycle approaches, but I don't believe it will make a big impact on increasing the price. Of course the hopes are better, but I can't ignore the current state of the economy which has ruined many plans.

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January 07, 2023, 07:19:03 PM
 #35

For whatever reason they choose one of the answers, my choice still seems relevant to the current market situation or condition. I'm starting to believe that the bearish trend is over and the market is waiting for a new cycle right now. It can't be predicted with certainty, but I'm sure the beginning of 2023 will make the demand for bitcoin higher compare 2022.

In my opinion, the market is waiting for recovery, so the bearish trend should be over and now, I'm waiting for the recovery cycle to come.


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January 07, 2023, 07:26:53 PM
 #36

We certainly won't have a new all-time high, that's for sure. I'm not confident about an imminent recovery either; however, I wouldn't be surprised if we see Bitcoin trending at $30,000 in the upcoming months. I'm mostly between the first two options, but I chose the first one because, due to the uncertainty and the economic recession we're going through, I wouldn't doubt the possibility of another crash, especially in the event of another incident similar to FTX.

Honestly, I'm quite enjoying the bear market; it really assists in the accumulation of Bitcoin.

R


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January 08, 2023, 10:38:31 AM
 #37

We certainly won't have a new all-time high, that's for sure. I'm not confident about an imminent recovery either; however, I wouldn't be surprised if we see Bitcoin trending at $30,000 in the upcoming months. I'm mostly between the first two options, but I chose the first one because, due to the uncertainty and the economic recession we're going through, I wouldn't doubt the possibility of another crash, especially in the event of another incident similar to FTX.

Not that bad if we are going to hit $30,000 at the end of the year. Hopefully, we have learn our lessons from the FTX collapse and to some extend, Terra Luna. Founders and CEO should know best, they shouldn't mess with their investors money.

The war though, still in the background and I think this is the biggest factor that can affect us this year.

Honestly, I'm quite enjoying the bear market; it really assists in the accumulation of Bitcoin.

Who wouldn't?

For sure those who have deep pockets and here for the long term are very happy to see the price moving sideways and wall below discounted prices. This is like 2017 all over again so good opportunity to continue to accumulate.

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January 09, 2023, 04:25:23 PM
 #38

In my opinion "The bottom has already been passed, but there will be no growth this year", that seems true considered the current state of the economy. The buying trend is expected to increase even more during 2023 as the halving cycle approaches, but I don't believe it will make a big impact on increasing the price. Of course the hopes are better, but I can't ignore the current state of the economy which has ruined many plans.

Yup.  BTC hasn't really had two consecutive red yearly candles since it started trading more than 10 years ago.  And as we're mostly looking for trends to take some profit from the market, I don't think the yearly trend will change right now and there's no way to know what's gonna happen until after the fact.  What we could do now is we just go with the flow and adjust when something changes.  

And I don't think we should put too much stock in 'the state of the economy' too much anymore.  It'll just make you gun shy and prevent you from taking on good spots to buy.

R


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January 09, 2023, 04:42:47 PM
 #39

I do not expect us to have reached the bottom just yet, but only because I expect the whales to use the FUD to their own advantage and keep pushing the price down more. But the good news is that we will definitely see a giant rubberband effect once the price is so oversold that the whales start the buying frenzy. It is quite easy to see because thats exactly what has happened in the past. Everytime we see a large dump, we will see whales spreading doom and gloom everywhere.

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January 09, 2023, 06:56:27 PM
 #40

There will be a lot of speculation and price targets that (possibly) will be achieved with different styles of analysis strategies in 2023.
To be honest, I won't know for sure what will happen in 2023 regarding the price of Bitcoin, even though I have analyzed technically and monitored market adoption movements. But when it comes to expectations, I think everyone will hope that the bull run will occur in 2023, even though they don't get a new ATH, reaching $ 30k, I think I should be grateful in the current state of the world economy.

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January 09, 2023, 09:48:45 PM
 #41

Usually predicting bitcoin in a year is a hard task, this year it is specifically tough because of the situation with the global economy. Bitcoin doesn't follow any other markets but it is definitely negatively affected by the economy specially by "recession". Everyone is already predicting more recession[1] on top of what we've seen so far and when it is accompanied by inflation, bitcoin can't have a bull market. So that option is out.

I personally don't see any more dumps coming anytime soon so that option is out too, but that's unless nothing big and negative takes place like another major exchange getting hacked or another country (like Taiwan) being invaded, etc.

For the time being, I'll continue taking advantage of the reverse bubble and continue accumulating.

[1] https://www.theguardian.com/business/2023/jan/02/third-of-world-economy-to-hit-recession-in-2023-imf-head-warns

Bitcoins 4 year cycle is constantly on my mind and have just entered year number 3 in
this cycle so I am expecting a strong year 3 overall, I opted for Bitcoin is waiting for
a recovery, the bearish trend is over
in the poll.

It will be very interesting to look back in a year or two to see how the markets deal with
one major thing which "Bitcoin" hasn't had to deal with - Global economy and the resulting
recession, this is new territory. Also another major war on top of what is happening in Ukraine
will be a big test to the markets but overall I'm positive with my choice.

R


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January 12, 2023, 12:45:21 PM
 #42

^  The 4 year cycle could still be intact but really now we should start becoming more aware that it could also be starting to break apart.  The signs are there.  Just check the much touted rainbow chart.  Lol..  BTC right now is also trading below the last all time high.  That's something that hasn't happened before.  And if it so happens that BTC closes with another red yearly candle for 2023, having two red yearly candles back to back is also a first.  But if it closes the year with a green candle then the party prolly continues.  If not, there's prolly some sort of reset or something to start a new trend...  Dunno.

R


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January 12, 2023, 05:25:52 PM
 #43

^  The 4 year cycle could still be intact but really now we should start becoming more aware that it could also be starting to break apart.  The signs are there.  Just check the much touted rainbow chart.  Lol..  BTC right now is also trading below the last all time high.  That's something that hasn't happened before.  And if it so happens that BTC closes with another red yearly candle for 2023, having two red yearly candles back to back is also a first.  But if it closes the year with a green candle then the party prolly continues.  If not, there's prolly some sort of reset or something to start a new trend...  Dunno.

I've been saying ever since ATH anyway, the cycle remains, but the peak amplitudes (bottom and ATH) are already weakened. The long-sought reduced volatility over long periods is here -- and it's been dampening every cycle (ATH to ATH, and bottom as percentage of ATH).

And as you mentioned, it's the first time the last ATH has been breaches -- many other clues that we said goodbye to cycles as we know it.

It could all go different of course... but probably not in ways we'd hope for.

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January 12, 2023, 05:38:44 PM
 #44

Up only!  So far 2023 is turning out to be as predictable as the other rallies off the bottom.  I don't understand how traders could follow anything but the 4-year cycle at this point.  It's been demonstrated over and over again, but for whatever reason people want to trade the little news ticks back and forth with each other.  It really doesn't have to be so stressful guys.  Sell every 4 years, buy every 4 years and you'll do great.  Try to trade every little news article and you're going to lose your ass.  Buy now, sell in 2025.  It sounds so simple but yet so many people will miss the trade...

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January 12, 2023, 05:46:40 PM
 #45

Up only!  So far 2023 is turning out to be as predictable as the other rallies off the bottom.  I don't understand how traders could follow anything but the 4-year cycle at this point.  It's been demonstrated over and over again, but for whatever reason people want to trade the little news ticks back and forth with each other.  It really doesn't have to be so stressful guys.  Sell every 4 years, buy every 4 years and you'll do great.  Try to trade every little news article and you're going to lose your ass.  Buy now, sell in 2025.  It sounds so simple but yet so many people will miss the trade...

4 year cycle is still holding, but 2025 might be too imprecise as 2017 had a 20X variation in price within the year.
I would says what i expect the peak earlier than December of 2025, maybe again a double hump with the second hump lower (not higher) with the first hum coming by around the end of Q1 2025 (slightly earlier because the cycle is NOt exactly 4 year and we are expected to shift to march from prior halving being in may). For once, I don't believe in lengthening of cycles.
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January 13, 2023, 09:51:09 AM
 #46

It will be very interesting to look back in a year or two to see how the markets deal with
one major thing which "Bitcoin" hasn't had to deal with - Global economy and the resulting
recession, this is new territory. Also another major war on top of what is happening in Ukraine
will be a big test to the markets but overall I'm positive with my choice.
Regardless of the cycle and what we predict of the price, lets not forget that bitcoin is being put to the test these days to see how strong it is in a recession+inflation economy. Specially if something catastrophic like 2008 is repeated, we could see how strong a hedge bitcoin is for those who are fleeing the failing economy.

This year will definitely be very interesting economy-wise and with the new world order in place.

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January 13, 2023, 09:56:38 AM
 #47

It will be very interesting to look back in a year or two to see how the markets deal with
one major thing which "Bitcoin" hasn't had to deal with - Global economy and the resulting
recession, this is new territory. Also another major war on top of what is happening in Ukraine
will be a big test to the markets but overall I'm positive with my choice.
Regardless of the cycle and what we predict of the price, lets not forget that bitcoin is being put to the test these days to see how strong it is in a recession+inflation economy. Specially if something catastrophic like 2008 is repeated, we could see how strong a hedge bitcoin is for those who are fleeing the failing economy.

This year will definitely be very interesting economy-wise and with the new world order in place.

We have passed it, if we consider covid-19 run and it's subsequent effect to the world economy resulting to what we now see, inflation + recession, and then the geo political event in the background, the war in Europe.

So I think if we have passed the pandemic, then there's nothing stopping us from bouncing this year, although we are still in the middle of the bear market, at least the market is going to recover before the block halving in 2024 and maybe by that time every economy around the world is doing good already.
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January 13, 2023, 10:25:12 AM
 #48

It will be very interesting to look back in a year or two to see how the markets deal with
one major thing which "Bitcoin" hasn't had to deal with - Global economy and the resulting
recession, this is new territory. Also another major war on top of what is happening in Ukraine
will be a big test to the markets but overall I'm positive with my choice.
Regardless of the cycle and what we predict of the price, lets not forget that bitcoin is being put to the test these days to see how strong it is in a recession+inflation economy. Specially if something catastrophic like 2008 is repeated, we could see how strong a hedge bitcoin is for those who are fleeing the failing economy.

This year will definitely be very interesting economy-wise and with the new world order in place.

We have passed it, if we consider covid-19 run and it's subsequent effect to the world economy resulting to what we now see, inflation + recession, and then the geo political event in the background, the war in Europe.

So I think if we have passed the pandemic, then there's nothing stopping us from bouncing this year, although we are still in the middle of the bear market, at least the market is going to recover before the block halving in 2024 and maybe by that time every economy around the world is doing good already.
It can be said that 2022 is the first test for bitcoin as we have to deal with the highest inflation in 40 years and the tense war between Russia and Ukraine. I feel bitcoin has really succeeded in proving it is a potential asset worth holding and investing like gold. If you compare bitcoin's drop with other assets like tech stocks, bitcoin is doing quite well, as its drop is said to be on par with some stocks. People always say that bitcoin is a volatile asset, but this year tech stocks were hit just as hard as bitcoin.

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January 14, 2023, 01:47:15 AM
 #49

Can't believe how bearish people are/were on this poll. The idea of continued downside next year is the equivalent of accepting a multi-year bear market that could last up to a decade.

Only a small survey I know but the fact nobody is expecting a new ATH this year makes it seem more possible. Even if it lands us back in the $30K to $60K range shortly after.

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MarjorieZimmermanGinger
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January 14, 2023, 05:12:17 AM
 #50

Well, 2022 is over, the results of the year are summed up, which means the time has come conduct the next survey. I would like to know the opinion of users about what 2023 will be like for bitcoin and what to expect from the market this year? Will there be a new bottom? Will the bearish trend continue, or will the market enter a recovery and accumulation phase? What annual candle will the price of bitcoin close in 2023? Will there be ATH, if not, what peak prices can we expect this year?
The year 2022 is the downtrend and chaos in the bitcoin market has been confirmed and it is not too surprising if we understand the basis of the four year cycle as you have often mentioned. Over the last few days bitcoin has gone through a slightly green phase of recovery and accumulation in the market, the points of resistance to change are becoming more visible when it comes to cycles.

But my forecast is that this year bitcoin will not find ATH, but will experience a phase of gradual recovery according to market reactions and conditions that allow it and I want the $40,000-$50,000 price to close by the end of the year.

Quote
In my opinion, now Bitcoin is in consolidation, reaching a new bottom, although possible, is unlikely. This year there will be a recovery in the price of bitcoin, but ATH is definitely not worth the wait. The maximum price of bitcoin can reach the last maximum of 2022, at around $48,000. By the way, it was from this mark that the price started in 2022, and it was to this mark that the price came before descending below $20,000.
Not waiting for ATH at least until the end of the year, a gradual recovery is the most rational thing to happen this year, because consolidation in reaching the bottom of the recovery hasn't been so strong to hold bitcoin for the next few months. Based on a mathematical calculation of the bitcoin cycle, this year the chance to reach ATH seems small.

But who knows that the four-year shift will be faster or will slow down a bit, due to several conditions that affect it and the causes and effects are sometimes difficult to review with the mathematical formula of cycles, remain optimistic about major changes for bitcoin this year.

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January 14, 2023, 09:11:34 AM
 #51

Can't believe how bearish people are/were on this poll. The idea of continued downside next year is the equivalent of accepting a multi-year bear market that could last up to a decade.

Only a small survey I know but the fact nobody is expecting a new ATH this year makes it seem more possible. Even if it lands us back in the $30K to $60K range shortly after.

This survey was conducted at the beginning of January and at that time the market did not have a positive movement so people were still quite pessimistic about this year. But it will be interesting if OP creates a new survey these days as bitcoin is showing strong signs of growth. I guess people will quickly change their minds because of the euphoria that bitcoin gives them.
I still predict this year is still another bear year, I don't think the market will recover so quickly. We have 11 months left until the end of the year so anything can happen.

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January 14, 2023, 01:37:35 PM
 #52

Based on what traders experienced from the market few days ago,made people to believed that Bitcoin is recovering and bear market is going to over in this month of January. The price of Bitcoin has moved to $20k few hours ago and the green light is trying to remain stable for the price to return back to $50 to allow those that prepared well in the past by invested a huge amount of money on Bitcoin to get ready of earning big income from it, because the price will surely reach $100k before the end of this year 2023.

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January 14, 2023, 02:52:30 PM
 #53

I voted for "The bottom has already been passed, but there will be no growth this year"

It doesn't mean that I really believe that there will be no growth this year. I think the bottom has already been made last year and we are now in a phase the market will turn sideways like what happened in 2019. I believe that this year, we will be in a year where ups and downs are will be normal. We might be facing 2023 as the year where the markets will just go sideways but with a better price movement than in 2022 where it has all been going down.

Overall, I see 2023 as a better year than last year but it doesn't mean that we will see Bitcoin go as high as $25,000 or $30,000. My prediction is at least at the $17,000-$25,000 price range for the rest of the year. Cheesy

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January 14, 2023, 04:57:04 PM
 #54

Can't believe how bearish people are/were on this poll. The idea of continued downside next year is the equivalent of accepting a multi-year bear market that could last up to a decade.

Only a small survey I know but the fact nobody is expecting a new ATH this year makes it seem more possible. Even if it lands us back in the $30K to $60K range shortly after.

This survey was conducted at the beginning of January and at that time the market did not have a positive movement so people were still quite pessimistic about this year. But it will be interesting if OP creates a new survey these days as bitcoin is showing strong signs of growth. I guess people will quickly change their minds because of the euphoria that bitcoin gives them.
I still predict this year is still another bear year, I don't think the market will recover so quickly. We have 11 months left until the end of the year so anything can happen.
Many surveys choose this is that bitcoin is recovering, it could also be because the movement of bitcoin at this time is really fast from $16k to $21k, people will definitely have this belief without any pessimism in their hearts, it's just that we can't be sure whether this bearish has ended or not usually after this there will be another correction of a fast positive trend.
The journey is still long, I think $25k-$30k has the potential to be achieved this year. We can see from the current journey of bitcoin that will move later.

R


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January 14, 2023, 05:14:06 PM
 #55

I'm surprised to see the results of the poll as "Bitcoin is waiting for a recovery, the bearish trend is over" was the top answer instead of "The bottom has already been passed, but there will be no growth this year". Since to me that would be the most likely their answer but I can't completely say that the bottom is done yet but we are not actually done with the bear market. We still have a long way to go until this bearish trend will passed. IMO we might still get some pump over the years but that's just it there will be no ATH and I am still undecided whether the bottom has passed or it's not done yet.

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January 14, 2023, 05:42:18 PM
 #56

This week Bitcoin have had a shocken recovery move to $21k , which is why sometimes it very difficult to predict what Bitcoin is going to do in the future, and it's one of the amazing things about Bitcoin.

Generally with the drastic move today and in this January, it has brought in Volume and momentum that the market needs.
Therefore, My eye is focused on the market moving to take out the FTX price collapse highs (strong psychological price resistance level) which is around the $21.6k level , Though the price moved into that zone and a kind of kissed the $21.2k level and was rejected.

So Bitcoin starting up the year with such movement, is positive for the entire market, and too if that level of $21.6k is taken out , That will a kind of bring investors confidence back in the market to start buying Bitcoin once again and we will start to see a smooth ride towards the upside.  

R


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January 15, 2023, 07:55:34 AM
 #57

~
We have passed it, if we consider covid-19 run and it's subsequent effect to the world economy resulting to what we now see, inflation + recession, and then the geo political event in the background, the war in Europe.

So I think if we have passed the pandemic, then there's nothing stopping us from bouncing this year, although we are still in the middle of the bear market, at least the market is going to recover before the block halving in 2024 and maybe by that time every economy around the world is doing good already.
I hope so but the outlook is not so good. After the pandemic the governments managed to prevent a severe case of inflation by increasing the interest rates and prevented the economy from entering recession. But this time their attempts at increasing the interest rate to decrease inflation has had very little success and the economy is experiencing both inflation and recession. Keep in mind that increasing interest rates only works so much before it becomes ineffective and we are already at that point.

On top of that the way gigantic companies are firing their employees we could soon see a serious case of unemployment on top of inflation and recession which would force governments to pay them some money that would cause more inflation.

Then on top of all that we have another wave of COVID pandemic threat that could cause another 2020 style shut down. The situation in China is getting worse and there is a fear that they'd spread it across the world once again, maybe this time a mutated version of it.

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January 15, 2023, 08:50:28 AM
 #58



On top of that the way gigantic companies are firing their employees we could soon see a serious case of unemployment on top of inflation and recession which would force governments to pay them some money that would cause more inflation.
If we look at macroeconomics, this is something that everyone overlooks, although CPI has decreased, the Fed has started to stop raising interest rates but still at a high level. In late 2022 and early 2023, large companies began to lay off employees in bulk, and even crypto companies cut a large number of employees. So, it can be said that this year is a bullish year or that a bitcoin recovery is very unlikely.



Then on top of all that we have another wave of COVID pandemic threat that could cause another 2020 style shut down. The situation in China is getting worse and there is a fear that they'd spread it across the world once again, maybe this time a mutated version of it.
I'm not sure if the covid pandemic will return, but China's reopening of the economy means a lot of supply and demand chaos. Inflation is likely to rise again soon.



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January 15, 2023, 02:47:46 PM
 #59

Can't believe how bearish people are/were on this poll. The idea of continued downside next year is the equivalent of accepting a multi-year bear market that could last up to a decade.

Only a small survey I know but the fact nobody is expecting a new ATH this year makes it seem more possible. Even if it lands us back in the $30K to $60K range shortly after.

This survey was conducted at the beginning of January and at that time the market did not have a positive movement so people were still quite pessimistic about this year. But it will be interesting if OP creates a new survey these days as bitcoin is showing strong signs of growth. I guess people will quickly change their minds because of the euphoria that bitcoin gives them.
I still predict this year is still another bear year, I don't think the market will recover so quickly. We have 11 months left until the end of the year so anything can happen.
Many surveys choose this is that bitcoin is recovering, it could also be because the movement of bitcoin at this time is really fast from $16k to $21k, people will definitely have this belief without any pessimism in their hearts, it's just that we can't be sure whether this bearish has ended or not usually after this there will be another correction of a fast positive trend.
The journey is still long, I think $25k-$30k has the potential to be achieved this year. We can see from the current journey of bitcoin that will move later.

I still believe in the possibility that bitcoin can hit $30k, or it will be a good end at the end of the year when it hits $30k in preparation for 2024. But the remaining 11 months will be very long, and it is hard to say that bear season is over and bull season has arrived. We just saw an increase from 15k to 21k, we quickly forgot that bitcoin fell from 69k to 15k.

I have a habit of going against the crowd trend, when up to 42% voted "Bitcoin is waiting for a recovery, the bearish trend is over". I predict that bitcoin will have the opposite movement.

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January 15, 2023, 04:18:12 PM
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 #60

In my opinion, now Bitcoin is in consolidation, reaching a new bottom, although possible, is unlikely. This year there will be a recovery in the price of bitcoin, but ATH is definitely not worth the wait. The maximum price of bitcoin can reach the last maximum of 2022, at around $48,000. By the way, it was from this mark that the price started in 2022, and it was to this mark that the price came before descending below $20,000.
Not much of a shift from what the OP imagines is likely to happen to Bitcoin price this year. Entering the second week of early 2023, the price chart looks beautiful. Although still not strong, this is likely the start of a new bottom, although the possibility of an ATH is still not certain this year.


With the price movement having reached $21K, there is now a bit of relief and new hope for the year to come. We certainly hope that what is happening in the market is a good sign from the previous year.

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January 15, 2023, 10:43:30 PM
 #61

Bitcoin will get a recovery. I just presume the bearish trend is gradually fading away and the trend is gradually taking a new look and a new ATH won't be out of place to expect. So far the new year has given a bright face of recovery pushing price as high as $21,000 from this a possible bull run will happen in 2023.

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January 18, 2023, 05:26:20 PM
 #62

But my forecast is that this year bitcoin will not find ATH, but will experience a phase of gradual recovery according to market reactions and conditions that allow it and I want the $40,000-$50,000 price to close by the end of the year.

Too optimistic. It is unlikely that Bitcoin will close this year at such high levels. Yes, he can reach them this year, but it is unlikely to keep such a price until the end of the year. Most likely, a more realistic closing of the year will be somewhere in the region of $28,000-35,000.
Better to make yourself not that expecting much because it would really just frustrate you out.Although price is totally unpredictable and there's no way that you could be able to predict on whats next
but basing up on its movement that we are currently seeing then it would really be realistic on sub 30k price which is something that wont really be that too far to reach out.
40-50k is possible because we know that this market is unpredictable but it would take lots of positive news to be a catalyst on reaching up those levels again
but seeing on the current economic situation then it is really that hard to reach it out.

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January 20, 2023, 02:06:54 PM
 #63

But my forecast is that this year bitcoin will not find ATH, but will experience a phase of gradual recovery according to market reactions and conditions that allow it and I want the $40,000-$50,000 price to close by the end of the year.

Too optimistic. It is unlikely that Bitcoin will close this year at such high levels. Yes, he can reach them this year, but it is unlikely to keep such a price until the end of the year. Most likely, a more realistic closing of the year will be somewhere in the region of $28,000-35,000.

I'll put it in a stretch of $30k-$40k this year, yeah, nothing big at least it's good enough prior to the bitcoin block halving next year. And if we close this year with that price, it's already like x2 of the lowest lows so I guess that is a huge jump from last year's worst market.

Bitcoin will get a recovery. I just presume the bearish trend is gradually fading away and the trend is gradually taking a new look and a new ATH won't be out of place to expect. So far the new year has given a bright face of recovery pushing price as high as $21,000 from this a possible bull run will happen in 2023.

Even if we reach the price range of $30k, we are still in the bear market. We will only get out of the bear market after the block halving. We all know that this is the catalyst for the bull run and this is going to happen next year, so we will have to wait a bit further.
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January 20, 2023, 04:31:13 PM
 #64

Bitcoin will get a recovery. I just presume the bearish trend is gradually fading away and the trend is gradually taking a new look and a new ATH won't be out of place to expect. So far the new year has given a bright face of recovery pushing price as high as $21,000 from this a possible bull run will happen in 2023.

Even if we reach the price range of $30k, we are still in the bear market. We will only get out of the bear market after the block halving. We all know that this is the catalyst for the bull run and this is going to happen next year, so we will have to wait a bit further.
I agree with you because we hit $69k earlier, the last ATH bitcoin hit. So if the price is below that, then we are still in a bearish market. It may be possible that we will see another bull run before or after the halving next year, so we have to be more patient in waiting for that. And in terms of the halving in the next year, the price is likely to exceed the last ATH at $69k, which means we can make big profits later.

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January 20, 2023, 08:39:43 PM
 #65

Better to make yourself not that expecting much because it would really just frustrate you out.Although price is totally unpredictable and there's no way that you could be able to predict on whats next
but basing up on its movement that we are currently seeing then it would really be realistic on sub 30k price which is something that wont really be that too far to reach out.
40-50k is possible because we know that this market is unpredictable but it would take lots of positive news to be a catalyst on reaching up those levels again
but seeing on the current economic situation then it is really that hard to reach it out.
Setting realistic expectations for ourselves and others is very important, and this is because those which are overly optimistic about the recovery we are experiencing may take mistaken decisions based on their expectations, so with this in mind it is better to keep our expectations out of this recovery on the low side as not only this will make it more likely that our predictions will be correct, but also the strategies which we may implement based on those predictions will be correct as well.
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January 20, 2023, 09:38:38 PM
 #66

Too optimistic. It is unlikely that Bitcoin will close this year at such high levels. Yes, he can reach them this year, but it is unlikely to keep such a price until the end of the year. Most likely, a more realistic closing of the year will be somewhere in the region of $28,000-35,000.
It's a bit realistic to think that the year closes out at around $30K - $35K, but anyway we're only into Q1 of 2023. It's too long to wait for more possibilities, maybe new drama or may new bottom before the middle of the year. But for me, the bearish trend is over for this year.

I would expect the market to recover and get better month by month leading up to the halving, but regarding price it will be very difficult to predict. I'm expecting $40K to close out this year, that's still an optimistic expectation on my part.

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January 20, 2023, 11:48:47 PM
 #67

There will be some events that happen but my hope when looking at the current conditions especially btc is already $ 22k maybe I will hope they will go higher than this even though there is a chance to go back down first before the bullish starts but to turn this green it's definitely still there .
As for ATH, I'm still not too sure about this month because it is likely that 2024 will be the right year.

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January 21, 2023, 08:49:57 AM
 #68

There will be some events that happen but my hope when looking at the current conditions especially btc is already $ 22k maybe I will hope they will go higher than this even though there is a chance to go back down first before the bullish starts but to turn this green it's definitely still there .
As for ATH, I'm still not too sure about this month because it is likely that 2024 will be the right year.
Many of us are expecting BTC to go higher than the current price but we also don't know if that will be achieved or if the price will stay around the current price.
But the process of accumulation is still ongoing and there is a bit of bullishness that we have seen in the market as the price of bitcoin can go from $15k-$22k in a short amount of time.
I have no idea whether ATH will happen this year or next year because the price of bitcoin is far from the last ATH.
The bitcoin price must be able to reach the last ATH before making the last ATH and before that is reached, bitcoin will be in a recovery phase.

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January 22, 2023, 11:31:44 PM
 #69

Better to make yourself not that expecting much because it would really just frustrate you out.Although price is totally unpredictable and there's no way that you could be able to predict on whats next
but basing up on its movement that we are currently seeing then it would really be realistic on sub 30k price which is something that wont really be that too far to reach out.
40-50k is possible because we know that this market is unpredictable but it would take lots of positive news to be a catalyst on reaching up those levels again
but seeing on the current economic situation then it is really that hard to reach it out.
Setting realistic expectations for ourselves and others is very important, and this is because those which are overly optimistic about the recovery we are experiencing may take mistaken decisions based on their expectations, so with this in mind it is better to keep our expectations out of this recovery on the low side as not only this will make it more likely that our predictions will be correct, but also the strategies which we may implement based on those predictions will be correct as well.

Most likely we will see that bull run after the block halving. I'm also not seeing that huge pump to $40k, because if we did, then the bulls might get exhausted. I know it's better to see that kind of price, but it could have bad consequences if we go up in a bear market. Most likely $30k at the end of the year will be a good indication of the slow phasing that we needed. So that when we enter 2023's first 3 months, then maybe that $40k pump will happen. And then the whole year, there could be massive increased in price. But for now, we should take this bearish trend as it is. And enjoy this price spike this January, but we should look for the long term.

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January 23, 2023, 01:12:18 AM
 #70

What I can see this year is recovery for Bitcoin. But I am not looking for a new all-time high for Bitcoin.
I also believe that there is still a lot of chance that we will create another bottom. We never know.

What I am expecting is upto end of the year is sideways only without huge pumps or dumps, then altcoins will start to rise at the middle - last quarter of the year.

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January 23, 2023, 10:56:11 PM
 #71

Setting realistic expectations for ourselves and others is very important, and this is because those which are overly optimistic about the recovery we are experiencing may take mistaken decisions based on their expectations, so with this in mind it is better to keep our expectations out of this recovery on the low side as not only this will make it more likely that our predictions will be correct, but also the strategies which we may implement based on those predictions will be correct as well.

Most likely we will see that bull run after the block halving. I'm also not seeing that huge pump to $40k, because if we did, then the bulls might get exhausted. I know it's better to see that kind of price, but it could have bad consequences if we go up in a bear market. Most likely $30k at the end of the year will be a good indication of the slow phasing that we needed. So that when we enter 2023's first 3 months, then maybe that $40k pump will happen. And then the whole year, there could be massive increased in price. But for now, we should take this bearish trend as it is. And enjoy this price spike this January, but we should look for the long term.
Another important aspect to take into account is that if the price of bitcoin goes up too quickly then this will help the bears on their attempts to take control of the market again, so a long sustained growth is better for everyone involved, even if this means that the current bullish sentiment which has permeated the market has to disappear for some time, I just hope traders do not get desperate because of this and then invest in shitcoins as there are a few shitcoins which are presenting massive pumps today.
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January 23, 2023, 11:40:31 PM
 #72

What I can see this year is recovery for Bitcoin. But I am not looking for a new all-time high for Bitcoin.
I also believe that there is still a lot of chance that we will create another bottom. We never know.

What I am expecting is upto end of the year is sideways only without huge pumps or dumps, then altcoins will start to rise at the middle - last quarter of the year.
Im not that expecting much and it would be better if we do just assume out that it would be having some sideways movement but with the recent behavior and price patterns which we could say that it does really

showing off some recovery which it might be able to sustain or not.This is the main question would be raised up on everyones mind and this is what makes it really hard to make up some position into something

which you dont know on where it would be heading on.For this year 2023 then i couldn't tell whether it would be good or bad but as long you had entered or accumulate on cheaper point
then it wont be that a bad idea on making yourself to decide to have some sell orders.

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January 24, 2023, 12:35:24 AM
 #73

at least according to the votes with Zero comes to Bitcoin will make another ATH this 2023 means people here understand the market and not that too optimistic or desperate to expect such high though possibilities are always there but we must admit that we are far from that.
and I also believe that we are waiting for recovery as the Bear is already gone and the market will start showing good movement away from 2022.

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January 24, 2023, 02:53:55 PM
 #74

Another important aspect to take into account is that if the price of bitcoin goes up too quickly then this will help the bears on their attempts to take control of the market again,
Most of the bears are still in shock and many of them have lost a lot of money during the time price kept going up because they were all going against the trend and were selling bitcoin or worse shorting bitcoin while the price increased more and more. I don't think we are going to see them any time soon.

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January 24, 2023, 04:49:10 PM
 #75

and I also believe that we are waiting for recovery as the Bear is already gone and the market will start showing good movement away from 2022.
Behind the positive movement of the Bitcoin price that has reached $23K, there are market analyses that say that investors are now still not sure where Bitcoin will go. Currently the support price is still holding at $22K and is still on the approach to $23K which I think will happen if the current market situation continues.

We feel that a bullish signal is building up so that investors can organise their next plan. Of course, those who are still holding Bitcoin at this point are already starting to smile happily.

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January 24, 2023, 05:19:55 PM
 #76

But my forecast is that this year bitcoin will not find ATH, but will experience a phase of gradual recovery according to market reactions and conditions that allow it and I want the $40,000-$50,000 price to close by the end of the year.

Too optimistic. It is unlikely that Bitcoin will close this year at such high levels. Yes, he can reach them this year, but it is unlikely to keep such a price until the end of the year. Most likely, a more realistic closing of the year will be somewhere in the region of $28,000-35,000.

Do I have to be patient again?
It looks like it has to be, it's only the beginning of 2023 and an uptick already looks like it's no wonder he hopes so.
If the ideal is $ 28,000 - $ 35,000 it's only natural with the calculations of each, this is still only the beginning of the month in January 2023 everything might happen in the world that affects the price of bitcoin which can have a bullish and bearish impact.
Regarding hope, maybe there's nothing wrong with hoping like that, but for me, I hope the market doesn't rush to be bullish because my bitcoin preparation is still a little bit. Grin
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January 24, 2023, 05:21:40 PM
 #77

and I also believe that we are waiting for recovery as the Bear is already gone and the market will start showing good movement away from 2022.
Behind the positive movement of the Bitcoin price that has reached $23K, there are market analyses that say that investors are now still not sure where Bitcoin will go. Currently the support price is still holding at $22K and is still on the approach to $23K which I think will happen if the current market situation continues.

We feel that a bullish signal is building up so that investors can organise their next plan. Of course, those who are still holding Bitcoin at this point are already starting to smile happily.
Speculation a lot we know is bitcoin is going to be bullish but we don't know where that is going is it will break $25k after being stuck in $22k support so currently still trying to break into $23k and so on we will see bitcoin directional move I think Same with previous analysis that bitcoin won't fall back below $20k maybe just because of the past few weeks looking strong with the price hike now.

I think investors must immediately manage their finances against bitcoin, don't wait for it to go up and then buy, prepare a plan carefully and that bitcoin will have a good purpose in its future increase, must immediately accumulate before the big bulls come again.

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aylabadia05
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January 24, 2023, 06:34:41 PM
 #78

Behind the positive movement of the Bitcoin price that has reached $23K, there are market analyses that say that investors are now still not sure where Bitcoin will go. Currently the support price is still holding at $22K and is still on the approach to $23K which I think will happen if the current market situation continues.

We feel that a bullish signal is building up so that investors can organise their next plan. Of course, those who are still holding Bitcoin at this point are already starting to smile happily.
Speculation a lot we know is bitcoin is going to be bullish but we don't know where that is going is it will break $25k after being stuck in $22k support so currently still trying to break into $23k and so on we will see bitcoin directional move I think Same with previous analysis that bitcoin won't fall back below $20k maybe just because of the past few weeks looking strong with the price hike now.

I think investors must immediately manage their finances against bitcoin, don't wait for it to go up and then buy, prepare a plan carefully and that bitcoin will have a good purpose in its future increase, must immediately accumulate before the big bulls come again.
It is the hope of many today that it can even surpass the current traded price.
Despite the various speculations that are born in every discussion room, we are on the basic principle that Bitcoin will come out past the old ATH and accept whatever will happen including when Bitcoin falls back to a price below $20K as happened in the previous year.

Hold is the best way to get us to our original goal.

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stomachgrowls
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January 24, 2023, 09:18:28 PM
 #79

Behind the positive movement of the Bitcoin price that has reached $23K, there are market analyses that say that investors are now still not sure where Bitcoin will go. Currently the support price is still holding at $22K and is still on the approach to $23K which I think will happen if the current market situation continues.

We feel that a bullish signal is building up so that investors can organise their next plan. Of course, those who are still holding Bitcoin at this point are already starting to smile happily.
Speculation a lot we know is bitcoin is going to be bullish but we don't know where that is going is it will break $25k after being stuck in $22k support so currently still trying to break into $23k and so on we will see bitcoin directional move I think Same with previous analysis that bitcoin won't fall back below $20k maybe just because of the past few weeks looking strong with the price hike now.

I think investors must immediately manage their finances against bitcoin, don't wait for it to go up and then buy, prepare a plan carefully and that bitcoin will have a good purpose in its future increase, must immediately accumulate before the big bulls come again.
It is the hope of many today that it can even surpass the current traded price.
Despite the various speculations that are born in every discussion room, we are on the basic principle that Bitcoin will come out past the old ATH and accept whatever will happen including when Bitcoin falls back to a price below $20K as happened in the previous year.

Hold is the best way to get us to our original goal.
Most of us would really be looking for higher price but for me i would really be preferring to have a dumping or decreasing market because my main motive is to accumulate more and this is why i do prefer for it to be cheaper so that i would be able to get more satoshis.  Grin

Now that the price is starting to climb up then there's no way that we could really make ourselves not to react on it, we've been on a bearish market for so long on which
it is really just the right time to see some green candles after a long time.In speaking about for this year 2023 then we cant really be able to assure on whats ahead
and its just that right that you should stick into your plans and goals into your investment as always.

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aylabadia05
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January 25, 2023, 11:22:51 AM
Merited by The Sceptical Chymist (3)
 #80

Most of us would really be looking for higher price but for me i would really be preferring to have a dumping or decreasing market because my main motive is to accumulate more and this is why i do prefer for it to be cheaper so that i would be able to get more satoshis.  Grin
Almost all holders were happy when the Bitcoin price reached $23K. Some of them have sold some assets to buy more capital when the price conditions fall again.

For investors who still wish to have a larger amount of Bitcoin than is currently stored in the wallet, they want another price drop in the hope of getting a much bigger profit when the price can reach 2 times the current price, but we still cannot be sure that this will happen.

Various speculations will be born from the minds of each investor regarding the price that Bitcoin will reach, but I personally really enjoy this atmosphere.

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.Duelbits.
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THE ULTIMATE
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savetheFORUM
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January 26, 2023, 10:22:21 AM
 #81

at least according to the votes with Zero comes to Bitcoin will make another ATH this 2023 means people here understand the market and not that too optimistic or desperate to expect such high though possibilities are always there but we must admit that we are far from that.
and I also believe that we are waiting for recovery as the Bear is already gone and the market will start showing good movement away from 2022.
Understand in a way they see the price is too far away from a new ATH and we aren't even in full recovery yet from the last ATH but anything can still happen. A really quick recovery might occur few months from now and then finally a new ATH will be recorded.

Sometimes people won't believe not until they see it happening but maybe there are people who really thinks a new ATH can happen this year, it's just that they aren't around here or they didn't bother to place their vote. Meanwhile, id say that the bear market is still there. We can only say it was gone by the time we reach those levels that we haven't reach on the late 2022 and then the price will hardly be stable or decline again.
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January 26, 2023, 11:02:29 AM
 #82

Almost all holders were happy when the Bitcoin price reached $23K. Some of them have sold some assets to buy more capital when the price conditions fall again.
Some people who sell at the current price certainly have different things and views. Maybe because they thought they were profitable enough after buying at a low price last year so they chose to sell before buying back when the price correction occurred, although there are also some people who need fiat so they choose to sell Bitcoin. And that doesn't mean that some people hate Bitcoin, but because it has been forced by its dying condition.

Quote
For investors who still wish to have a larger amount of Bitcoin than is currently stored in the wallet, they want another price drop in the hope of getting a much bigger profit when the price can reach 2 times the current price, but we still cannot be sure that this will happen.

Various speculations will be born from the minds of each investor regarding the price that Bitcoin will reach, but I personally really enjoy this atmosphere.
I also really enjoy the current conditions because the amount of increase in the price of Bitcoin is always more than the percentage of corrections that have occurred in the last few days and that of course not only makes investors or Bitcoin holders happy, but traders also really enjoy it and feel happy with present condiition.

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January 26, 2023, 12:32:52 PM
 #83

Not closing the existing data, indeed bitcoin is being hit by quite high fluctuations at the beginning of 2023.
However, the shadow of the bearish trend still haunts this year, maybe it could even be worse than the previous year.
I totally agree with your opinion about ATH which seems like this year traders can't look forward to.
even if bitcoint has decreased in price this year maybe for some miners it is good news because they can buy and collect it when the market is down.
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January 26, 2023, 06:53:43 PM
 #84

Most of us would really be looking for higher price but for me i would really be preferring to have a dumping or decreasing market because my main motive is to accumulate more and this is why i do prefer for it to be cheaper so that i would be able to get more satoshis.  Grin

Now that the price is starting to climb up then there's no way that we could really make ourselves not to react on it, we've been on a bearish market for so long on which
it is really just the right time to see some green candles after a long time.In speaking about for this year 2023 then we cant really be able to assure on whats ahead
and its just that right that you should stick into your plans and goals into your investment as always.
Without a doubt for those looking to accumulate more coins a downward correction will be very welcome at this point, however you also need to prepare for the very real possibility we may never see sub 20k prices ever again, so you will have to adjust your strategy and buy bitcoin now and in the future as well for a higher price than what you may have liked, which is not so bad as many investors are convinced that bitcoin will eventually reach a price higher than 100k during the next bull run.
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January 26, 2023, 07:14:26 PM
 #85

Not closing the existing data, indeed bitcoin is being hit by quite high fluctuations at the beginning of 2023.
However, the shadow of the bearish trend still haunts this year, maybe it could even be worse than the previous year.
I totally agree with your opinion about ATH which seems like this year traders can't look forward to.
even if bitcoint has decreased in price this year maybe for some miners it is good news because they can buy and collect it when the market is down.
In 2023 it has gained price ok not all the way back to where we were in 2021/2022 but it looks promising to make that recovery this year. There is no reason why btc cannot push for a new ath at the end of the year but I suspect that a ath will probably be established around the next halving because of the hype that generates.
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January 26, 2023, 09:32:10 PM
 #86

at least according to the votes with Zero comes to Bitcoin will make another ATH this 2023 means people here understand the market and not that too optimistic or desperate to expect such high though possibilities are always there but we must admit that we are far from that.
and I also believe that we are waiting for recovery as the Bear is already gone and the market will start showing good movement away from 2022.
Many are too optimistic and forget to predict a more realistic price, new ATH this year might not possible I think not unless Bitcoin made an exceptional pump and good news will come in the market. We should also consider the economic status of big countries which can affect the crypto market, there’s a big threat of recession and that could be one of the reason again for Bitcoin to stay in bear market. Bitcoin have to established a strong support to avoid another big drop for this year.

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TimeTeller
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January 26, 2023, 09:40:48 PM
 #87

at least according to the votes with Zero comes to Bitcoin will make another ATH this 2023 means people here understand the market and not that too optimistic or desperate to expect such high though possibilities are always there but we must admit that we are far from that.
and I also believe that we are waiting for recovery as the Bear is already gone and the market will start showing good movement away from 2022.
Many are too optimistic and forget to predict a more realistic price, new ATH this year might not possible I think not unless Bitcoin made an exceptional pump and good news will come in the market. We should also consider the economic status of big countries which can affect the crypto market, there’s a big threat of recession and that could be one of the reason again for Bitcoin to stay in bear market. Bitcoin have to established a strong support to avoid another big drop for this year.

But we can never be sure as we are only in the first month of this year.
New ATH can hit anytime this year, but I do agree, we need to be realistic with the performance of the market.
If we will receive good news one after another, we will see positive trend but to what extent, hard to predict.
But maybe this year, will be better than last year. If big companies will provide positive news, the trust may return for some users.
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January 26, 2023, 10:20:45 PM
 #88

at least according to the votes with Zero comes to Bitcoin will make another ATH this 2023 means people here understand the market and not that too optimistic or desperate to expect such high though possibilities are always there but we must admit that we are far from that.
and I also believe that we are waiting for recovery as the Bear is already gone and the market will start showing good movement away from 2022.
Many are too optimistic and forget to predict a more realistic price, new ATH this year might not possible I think not unless Bitcoin made an exceptional pump and good news will come in the market. We should also consider the economic status of big countries which can affect the crypto market, there’s a big threat of recession and that could be one of the reason again for Bitcoin to stay in bear market. Bitcoin have to established a strong support to avoid another big drop for this year.

But we can never be sure as we are only in the first month of this year.
New ATH can hit anytime this year, but I do agree, we need to be realistic with the performance of the market.
If we will receive good news one after another, we will see positive trend but to what extent, hard to predict.
But maybe this year, will be better than last year. If big companies will provide positive news, the trust may return for some users.
Im not really that making myself that confident when it comes to some positive run specially if it do happens in the starting months of the year where it is  really that hard to make yourself that conclusive in the rest of the months of a particular year on which you cant really make yourself that assured for the rest of the year would really be looking the same and this is why its not really that something ideal or fixed.
You should adapt on whatever things that might happen ahead and this is where an investor or trader should really be having in mind. Expect the unexpected as always which this market is always been
like this and like that.You cant make out conclusive decisions on where it would be ending up.

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January 27, 2023, 04:15:54 AM
 #89

However, the shadow of the bearish trend still haunts this year, maybe it could even be worse than the previous year.
I think for all of us, concern about the drop in volatility in bitcoin is still huge. It originated after many unfortunate incidents and finally after the utopian collapse of FTX and created huge consequences for bitcoin and the market. I think bitcoin needs time to regain confidence. So my expectation is probably the market will grow slightly and move sideways this year. My prediction the market will go sideways 25k - 30k this year. I always set a long-term goal for bitcoin and expect more in 2025 after the next halving.


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January 27, 2023, 06:01:08 AM
 #90

at least according to the votes with Zero comes to Bitcoin will make another ATH this 2023 means people here understand the market and not that too optimistic or desperate to expect such high though possibilities are always there but we must admit that we are far from that.
and I also believe that we are waiting for recovery as the Bear is already gone and the market will start showing good movement away from 2022.
Many are too optimistic and forget to predict a more realistic price, new ATH this year might not possible I think not unless Bitcoin made an exceptional pump and good news will come in the market. We should also consider the economic status of big countries which can affect the crypto market, there’s a big threat of recession and that could be one of the reason again for Bitcoin to stay in bear market. Bitcoin have to established a strong support to avoid another big drop for this year.

But we can never be sure as we are only in the first month of this year.
New ATH can hit anytime this year, but I do agree, we need to be realistic with the performance of the market.
If we will receive good news one after another, we will see positive trend but to what extent, hard to predict.
But maybe this year, will be better than last year. If big companies will provide positive news, the trust may return for some users.
Really hard to predict but we can somehow tell where the price is heading when we look at the market sentiments. So, people aren't really expecting much this year as the good news that everyone is waiting for will not come until next year.
These market sentiments may be used as an indicator on whether or not Bitcoin is making recovery.
We may have already seen the bottom last year, but still there are no signs of bullishness even with the pump that we had seen last couple of days.

R


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January 27, 2023, 08:39:20 PM
 #91

In my opinion, now Bitcoin is in consolidation, reaching a new bottom, although possible, is unlikely. This year there will be a recovery in the price of bitcoin, but ATH is definitely not worth the wait.
Finally people are seeing that the bearish trend is over and we are going to recover. I am not expecting it to beat ATH and be 70k+ but at the very least chance that we should be going higher, and that means we could be doing a lot better, like 40k would be a real dream come true and it could very well happen this year.

We are already over 23k which is a great start to the year and the first month is not even over yet, if we can keep this momentum going all year, even if we have some drops here and there, it should be having some good reactions and we could go up a lot. I personally believe that we should be expecting a good return if we can, and 40k would be a great goal for us.

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January 27, 2023, 08:56:38 PM
 #92

But we can never be sure as we are only in the first month of this year.
New ATH can hit anytime this year, but I do agree, we need to be realistic with the performance of the market.
If we will receive good news one after another, we will see positive trend but to what extent, hard to predict.
But maybe this year, will be better than last year. If big companies will provide positive news, the trust may return for some users.
No one knows when the new ATH will be reached. but in my establishment option we will start this year with a gradual upward trend. This strengthens me because last year we have fallen quite deeply, namely around 75% from the highest price. So market changes are always happening and hope no bad news comes back.

The big option is to restrain your appetite from selling at a low price. Everyone just needs to be patient and wait for the positive news that will lead us to a big return.

I expect Btc to pass $30k in Q1 2023, that is the biggest resistance point it needs to break before we see higher prices this year.

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January 27, 2023, 09:24:27 PM
 #93

Finally people are seeing that the bearish trend is over and we are going to recover. I am not expecting it to beat ATH and be 70k+ but at the very least chance that we should be going higher, and that means we could be doing a lot better, like 40k would be a real dream come true and it could very well happen this year.
Most people judge that the bearish is over, but I think the bearish isn't over yet. We are still far from the ATH, and it is still early of the second year of bearish season. For me, it is clear that the bearish trend continues but we have a better trend now. In early of this year, we have some pumps in crypto coins, and the bad issues that happened in the previous year ended already. So, we can expect the recovery of crypto prices to begin.

Well, I agree that it is not the time to expect Bitcoin to reach $70k+, especially in this year. But I believe that Bitcoin price is starting to near the ATH and it seems to increase constantly. $40k is possible to be achieved at the end of this year as long as no bad news that affects the whole crypto market anymore.  Wink


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January 28, 2023, 03:38:58 AM
 #94

Well, 2022 is over, the results of the year are summed up, which means the time has come conduct the next survey. I would like to know the opinion of users about what 2023 will be like for bitcoin and what to expect from the market this year? Will there be a new bottom? Will the bearish trend continue, or will the market enter a recovery and accumulation phase? What annual candle will the price of bitcoin close in 2023? Will there be ATH, if not, what peak prices can we expect this year?
To review the peak price may be difficult because new bitcoin is in a recovery week, but the Bullish correlation is more reasonable based on bitcoin's journey in the previous year, the biggest hope is that the recovery and accumulation scenarios are in balance, so that the process of achieving ATH can take place in the next year, the most important to stability in the recovery process is gradually moving towards a more positive trend. I prefer slow and can maintain the recovery process in continued months.

In my opinion, now Bitcoin is in consolidation, reaching a new bottom, although possible, is unlikely. This year there will be a recovery in the price of bitcoin, but ATH is definitely not worth the wait. The maximum price of bitcoin can reach the last maximum of 2022, at around $48,000. By the way, it was from this mark that the price started in 2022, and it was to this mark that the price came before descending below $20,000.
The last best price in 2022 was $48,000 and corrections kept coming down, but entering 2023 there was a price consolidation towards a gradual recovery and until now it is still going on normally. Today the price of bitcoin is $23,096 and to get to $48,000 half of its current price, at least a recovery process that can maintain the price and consolidation to reach a new bottom needs to maintain its current value. I believe bitcoin is heading in a new, more positive direction and next year it is expected that the ATH achievement will take place, just some basic assumptions that I have seen from bitcoin's previous journey.

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January 28, 2023, 09:23:05 PM
Merited by The Sceptical Chymist (3)
 #95

Almost all holders were happy when the Bitcoin price reached $23K. Some of them have sold some assets to buy more capital when the price conditions fall again.
Some people who sell at the current price certainly have different things and views. Maybe because they thought they were profitable enough after buying at a low price last year so they chose to sell before buying back when the price correction occurred, although there are also some people who need fiat so they choose to sell Bitcoin. And that doesn't mean that some people hate Bitcoin, but because it has been forced by its dying condition.
The strategy in carrying out buying and selling activities for each person must be different but the goal remains the same, namely seeking profit. Those who are selling some Bitcoin at this time, in addition to being able to get fiat and those who aim to buy when there is another decline, in my opinion they believe that what is happening now is only limited to the initial consolidation which will then experience another correction.

However, making decisions should not be rushed, considering that such speculation may not be 100% on target. Maybe they are ready with all the risks they get from selling some of their Bitcoin.

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marine4u
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January 29, 2023, 01:43:23 PM
 #96

I think bitcoin has been in a bearish range for a very long time since December 2021. A fake wick could be another analysis range scenario we may be aware of.  But personally I think bitcoin is showing strength with its inherent great appeal.  Waiting for the green candle at the end of the month, we can predict the next move that bitcoin will go.
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January 29, 2023, 08:58:14 PM
 #97

Finally people are seeing that the bearish trend is over and we are going to recover. I am not expecting it to beat ATH and be 70k+ but at the very least chance that we should be going higher, and that means we could be doing a lot better, like 40k would be a real dream come true and it could very well happen this year.
Most people judge that the bearish is over, but I think the bearish isn't over yet. We are still far from the ATH, and it is still early of the second year of bearish season. For me, it is clear that the bearish trend continues but we have a better trend now. In early of this year, we have some pumps in crypto coins, and the bad issues that happened in the previous year ended already. So, we can expect the recovery of crypto prices to begin.

Well, I agree that it is not the time to expect Bitcoin to reach $70k+, especially in this year. But I believe that Bitcoin price is starting to near the ATH and it seems to increase constantly. $40k is possible to be achieved at the end of this year as long as no bad news that affects the whole crypto market anymore.  Wink


But for what I understand a bear market is a sustained negative trend, if what you are expecting is for a positive trend that takes us to 40k at the end of this year then how that can be a bear market? That would be a bull market in my mind, not as strong as the one that took us to 69k at the end of 2021 but I would still classify as a bull market, but regardless of how we call it it seems a recovery is underway and bitcoin was getting close to surpass a price of 24k for each coin but the bears were able to resist so far and there has been a rejection at that level.
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January 29, 2023, 10:05:02 PM
 #98

From the ratio i have seen the movement of Bitcoin since the year kicked off, i will say that Bitcoin is struggling to recover in the market, and their is every tendency that bearish will hold a break because of the little experience change in Bitcoin market right now. But with the slow movement of Bitcoin price increment it's not worth to conclude that we are fully out of the bearish season. At least the strong bond of Bitcoin increment take up to half of the year with a slow increment we can come in conclusion that Bitcoin is fully out of bearish.

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May 02, 2023, 10:30:00 AM
 #99

You don't need to be a pessimist to think that bitcoin will go up in 2023. 
 
I'm not saying that we shouldn't expect it to go up, but we should be able to see it in 2023. 
 
As far as I know, the price of bitcoin is stable, and it's not a short-term fluctuation. 
 
But if you look at the chart, it's not going to be a bull run, it's going to be a bearish trend.
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