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[Symmetrick]

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[1715438684]

1715438684

[Oshosondy]

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.

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

No

The bottom has already been passed, but there will be no growth this year

There will be increase in bitcoin price this year

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

There will be a new ATH in 2023

No, there will be nothing like ATH this year.

[Tytanowy Janusz]

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."

[mk4]

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.

[Mpamaegbu]

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.

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.

[Beparanf]

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.

[jaberwock]

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.

[m2017]

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.

[uneng]

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.

[el kaka22]

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.

[Yatsan]

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.

[El duderino_]

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

[Fundamentals Of]

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.

[mk4]

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.

[yudi09]

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.

[Yaunfitda]

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.

[Outhue]

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.

[Welsh]

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.

[Nrcewker]

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.

[Rikafip]

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.