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Author Topic: Will 2023 be another up year for Bitcoin?  (Read 584 times)
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January 04, 2023, 09:45:22 AM
 #21

I think 2023 is a perfect year for crypto accumulation, crypto market will start gearing up for the next huge moves this year, Btc halving will also be another big boost for the market in April 2024. I refuse to be a sitting duck this year.

If you are a long-term investor like me make sure you put your mind on 2025 because I believe that's when we will see another ATH for bitcoin, always take advantage of the dips and they won't last forever.

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January 04, 2023, 10:25:14 AM
 #22

This is a year for bitcoin investors to gain back from their last year lost. We should also be ready to face the unexpected this year in bitcoin price and take advantage of its outcome.
We don't know if this year will be the year where investors can return to profit from previous losses, maybe the time will be longer but those who are never in a hurry will get better results.
The picture that Op included can be a consolation and raise optimism for this year, but we have to be prepared with all eventualities.

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January 04, 2023, 10:40:34 AM
 #23

Everyone need to know if the Bitcoin price at 1/1/2022 was $46,000 do you guys really think this year the price can be higher than $46,000? to be honest I really not sure it will happen. The difference is really high since the current price is $16,000, so my vote is down in this year.

If Bitcoin can reach $30,000 it's already an achievement since this year we will suffer economy recession where not many people will have a lot money to invest in high risk asset like Bitcoin.

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January 04, 2023, 01:39:23 PM
 #24

Hard to tell at this point because it does seem that the market price of Bitcoin will again break its all time high in 2024 because of the anticipated Bitcoin halving. But I don't want to close the doors for this technology's chance in 2023. It is still too early to conclude but since problems or issues which made its market price fall such as inflation, FTX incident which is still fresh, and the likes are still present, then it is still blurry to see a huge uprise with this market in general. But if there will be news for this year which would be positive towards this industry, ofcourse that would give the market prices a lift because the interests of investors will again be caught.
This is a year for bitcoin investors to gain back from their last year lost. We should also be ready to face the unexpected this year in bitcoin price and take advantage of its outcome.
We don't know if this year will be the year where investors can return to profit from previous losses, maybe the time will be longer but those who are never in a hurry will get better results.
The picture that Op included can be a consolation and raise optimism for this year, but we have to be prepared with all eventualities.
Well actually if it is only profit, investors may still be able to earn such thing through ups and downs of this market. Try Futures Trading wherein investors may sell short to earn profit market price downfall but that won't be easy ofcourse. You'll be needing fine analytical skills not to mention how hard to predict market prices are due to market volatility.

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January 04, 2023, 03:52:24 PM
 #25

I believe it will be. I know it hasn't been that great for a while, but I believe that it will be a great up year for sure. We just need to end up with a good reason for it to be not a great big problem and in order to do that we just need to have some belief into bitcoin, if you believe it enough then it will happen.

This isn't just for one person of course, it is for the entire market. I mean if you believe it enough as a market then it should be doing a lot better in the long run. Bitcoin already had the worst possible year, we are not going to end up with following that with a big bad year again, it will be a good year, if not the best year it will still be just a good one at least.

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January 04, 2023, 04:16:22 PM
 #26


A year of dumping seems to drain all those with weak hands and the rest are all bulls.

It hasn't happened yet that Bitcoin is DOWN for 2 years which we could relate to its cycle as to how it works. Maybe it will be UP for the rest of the next 2 years and back down again after reaching its ATH. We can only hope it will follow the cycle. For if it won't then it's really a loss again for those who are banking that the cycle is going to happen.


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January 04, 2023, 08:33:03 PM
 #27


A year of dumping seems to drain all those with weak hands and the rest are all bulls.

It hasn't happened yet that Bitcoin is DOWN for 2 years which we could relate to its cycle as to how it works. Maybe it will be UP for the rest of the next 2 years and back down again after reaching its ATH. We can only hope it will follow the cycle. For if it won't then it's really a loss again for those who are banking that the cycle is going to happen.


No one really knows on what would be the next year or in this years situation if we do speak about Bitcoin or entire crypto market whether it would be down or up.Yes, we could really make out some patterns but
it doesnt mean that it would be following those patterns that had been formed back in the past or in previous years.So its a matter of yes or not would be the answer with these kind of questions.
Whether we would really be seeing up or down but lets hope that this bearish run would be over and see up some green candles for this year.Im not really that anticipating or hoping that much
because i do make myself able to avoid on getting disappointed on what the market would really be able to show for this year.Just go with the flow.

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January 04, 2023, 09:14:10 PM
 #28

No one really knows on what would be the next year or in this years situation if we do speak about Bitcoin or entire crypto market whether it would be down or up.Yes, we could really make out some patterns but
it doesnt mean that it would be following those patterns that had been formed back in the past or in previous years.So its a matter of yes or not would be the answer with these kind of questions.
Whether we would really be seeing up or down but lets hope that this bearish run would be over and see up some green candles for this year.Im not really that anticipating or hoping that much
because i do make myself able to avoid on getting disappointed on what the market would really be able to show for this year.Just go with the flow.

just go with the flow and stick to our main goal. Remember that the new ATH has not been reached and currently our position is still far from the previous ATH. It is hoped that 2023 will be a better year with more significant price growth. Expect the bearish movement to end soon and a bullish market to come soon. At the moment, the bitcoin price is still stable in the $16k-$17k price area, it is hoped that this month it can penetrate the $20k price and continue to grow without significant obstacles.
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January 05, 2023, 06:30:19 PM
 #29

i think half year will go downwards then we can aspect recovery
and nice image it shows like this year will be up
That's very soon to say these and predict the future because we don't know what's going to happen next. Also, we don't even know about the next month and next day so talking about the next years is a bit more than impossible, all we can do is check what happened in the past bitcoin halving cycles and then try to use the history to know about the future however this cannot be sure and we cannot be sure about it.
Yeah, we didn't even finish the first week of January so maybe there are still recoveries that will happen starting from the second or third week of it. It could also be possible that the first half of this year is going to be bullish and then the second half would be bearish. Just because there is some kind of pattern in the history of BTC does it mean it will happen again? Maybe yes but maybe this time will also be different.

It won't hurt that much knowing that this year isn't totally a bearish year just like the last time so most of us have already sold some of their coins and enjoy their profits and then next year there will be another bullish year again for us to enjoy.

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January 05, 2023, 07:02:12 PM
 #30

2023 will probably be a recovery year if there are no more major FUD news as was the case some time ago. A recovery year will provide an opportunity for bitcoin and altcoins to start recovering from their current prices to higher prices. everyone's hope before the 4th halving occurs bitcoin is able to reach a new ATH again, but at least it can be the same as the previous ATH. 2022 has been a year full of crashes and drama, resulting in many losses and those who have been able to survive until now still have to be patient, waiting for the market to improve again.
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January 05, 2023, 07:23:31 PM
 #31

It can be an "UP" year for bitcoin, but keep in mind if bitcoin is currently pricing 16,800$ and we end the year with bitcoin pricing 16,900$ it will be already considered an "UP" year accordingly to that image, although it doesn't reflect real gains for real in investors' pockets. The tendency is that bitcoin continues stable in 2023, but from the profitability point of view there aren't any good indicators yet.

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January 06, 2023, 05:46:13 AM
 #32

We will be lucky to stay over 20-22k for much of 2023.
Seeing what most before halving year brings? yeah I also stand with these figures .. 20-22k is practical price because mostly year before the pump is dumping  and I completely believe that we will be seeing more bad than good comparing to 2022.
It can be an "UP" year for bitcoin, but keep in mind if bitcoin is currently pricing 16,800$ and we end the year with bitcoin pricing 16,900$ it will be already considered an "UP" year accordingly to that image, although it doesn't reflect real gains for real in investors' pockets. The tendency is that bitcoin continues stable in 2023, but from the profitability point of view there aren't any good indicators yet.
it can be up, but it can be down right?

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January 06, 2023, 05:57:07 AM
 #33

I think 2023 is a perfect year for crypto accumulation, crypto market will start gearing up for the next huge moves this year, Btc halving will also be another big boost for the market in April 2024. I refuse to be a sitting duck this year.

If you are a long-term investor like me make sure you put your mind on 2025 because I believe that's when we will see another ATH for bitcoin, always take advantage of the dips and they won't last forever.

If we are long-term investors, we have started accumulating bitcoin since 2022, not waiting until 2023, but if anyone has not accumulated enough bitcoin for themselves, this year will be the last year we accumulate bitcoin cheaply, IMO.

Bitcoin depends not only on the halving but also depends on the world economic situation, but it is likely that 2025 will be a very favorable year for bitcoin or other investments as the economy begins to recover at that time.

My prediction for 2023 is still a bearish year even though we might see minor bitcoin rallies, but overall still a good year to accumulate rather than sell your bitcoin.

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January 06, 2023, 01:02:49 PM
 #34

Looking at the chart of Bitcoin price every year we can see that every 3 years after 4 years Bitcoin price has been dumping a lot. Bitcoin price was up from 2011 to 2013. Bitcoin is down in 2014. Again from 2015 to 2017 Bitcoin is up and in 2018 Bitcoin is down again. Then Bitcoin went up from 2019 to 2021 and Bitcoin dumped a lot in 2022. After analyzing the year 2023 from here, it is seen that Bitcoin will rise. But do you think bitcoin will be up or bitcoin down in 2023?
Maybe this year we will continue to be in a decline until the third quarter due to the impact of the continuing global economic turmoil, but I believe that at the end of 2023 we will be in a bull market as a result of the impact of the bitcoin hype halving that will occur in in 2024 because we know that the halving is the most anticipated event by many investors so that when it happens it will make the market experience an increase in prices to a higher level.

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January 06, 2023, 01:17:55 PM
 #35

It's all still a mystery. But some say that 2023 is the year of the rise of bitcoin again before it can create a new ATH in 2024 and some say bitcoin is still at its current price, at least until the end of the year and so on. But whatever it is, before bitcoin starts to increase, we are still given the opportunity to buy more bitcoins because after the price increases, we will see how much profit we can get. So whether bitcoin will rise or fall in 2023, we must prepare ourselves as best we can especially to welcome the rise of bitcoin again.

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January 06, 2023, 01:25:08 PM
 #36


We know that world economic growth is currently deteriorating from all sectors plus some irresponsible speculation currently circulating which can mislead many investors and crypto users, many companies are currently experiencing bankruptcy, the fiat market is currently oscillating like foam in the ocean.

Everyone hopes the crypto market changes in 2023 and beyond, that's hope, we know only the current crypto market is still a good destination for investors and trading, although there are some exchanges that are experiencing financial problems, I'm sure that judging from some good data and speculation is not misleading, this year is the start of the overall growth of crypto and its way to the top.

R


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January 06, 2023, 01:31:36 PM
 #37

i think half year will go downwards then we can aspect recovery
and nice image it shows like this year will be up


To be honest enough no one has really seen the future. Whatever we are stating here is based on assumptions and estimations. The OP has really provided the true graph that Bitcoins often follows. So yes there are high chances that Bitcoins will break its ATH this year. Moreover if we see more depth about the rise of Bitcoins, then it happens during the September-December range in a particular year. So yes lets see what happens in the later part of this year. Many hopes are there on Bitcoins and I am sure Bitcoins won’t break it.

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January 09, 2023, 12:29:56 AM
 #38

From the image you provided it seems to be "up" logically maybe could likely be partial uptrend within the limits of $16k to $25k till next year, before we could see a potential Green throughout. Just as many already said it could likely be driven by forces or information maybe events, if there's any bad occurrence then we may experience more dip.

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January 09, 2023, 01:08:15 AM
 #39

up comparing to 2022? well chances are there but expecting this to happen against 2021 ? that is more impossible to expect  Grin

UP is the best expectation for everyone supporting bitcoin but as we knew there is a close time coming to Halving so expecting here like that? maybe it is more practical to me.

From the image you provided it seems to be "up" logically maybe could likely be partial uptrend within the limits of $16k to $25k till next year, before we could see a potential Green throughout. Just as many already said it could likely be driven by forces or information maybe events, if there's any bad occurrence then we may experience more dip.
Up towards the coming year but not about each ATH i guess? and indeed that is 16k to 25k ? would be there for something practical .

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January 09, 2023, 04:21:27 AM
 #40

Yes, as I have said recently, we will most likely close the year in the positive, although it does not have to be a large increase from the current price level. Closing lower would be a catastrophe and would break the pattern of previous years, but let's not speculate on what is unlikely to happen. [

2023 will probably be a recovery year if there are no more major FUD news as was the case some time ago.

Of course, apart from a certain price trend dependent on the cycle and halvings, we will have to see what news there is this year that affects the price.

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