Will 2023 be another up year for Bitcoin?

[adaseb]

Depending what happens on this week CPI report it will say a lot about bitcoins future. Basically we are expecting 0% CPI so if it’s deflation then it’s great for stocks and crypto but if it’s positive then it’s time to worry.

Means fed might hike more since the economy is way too strong and with the tight job market they will have no choice. We don’t want that. We want to see deflation and unemployment too tick up so it means rate cuts are in the near future.

[1714607398]

1714607398

[1714607398]

1714607398

[1714607398]

1714607398

[1714607398]

1714607398

[posi]

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.

According to the chart OP provided, predicting 2023 will be a bullish year, I agree we will have a "bullish" year, but that doesn't mean bitcoin will be able to break ATH this year. That's an exaggerated prediction, as the ATH can only be generated after every halving. 2023 will be an " up " year, which means bitcoin could hit $30k or $40k, which is also considered a bullish year for bitcoin. Anyway, that's only a speculation, let's wait and see if bitcoin creates any surprises.

[Adbitco]

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

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 .

Coming year 2024 from all clear indications should be something certain to gain another ATH. What i meant by $16k to $25k was my speculations how it would be but doesn't mean it will be that way which I am not sure. So there's every potentials for changes or possibly a great event that would likely increase the market. Get important thing at your back end that no one is an expert to know about bitcoin price, all everyone is doing over is mainly predictions and speculations.

[Kemarit]

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.

According to the chart OP provided, predicting 2023 will be a bullish year, I agree we will have a "bullish" year, but that doesn't mean bitcoin will be able to break ATH this year. That's an exaggerated prediction, as the ATH can only be generated after every halving. 2023 will be an " up " year, which means bitcoin could hit $30k or $40k, which is also considered a bullish year for bitcoin. Anyway, that's only a speculation, let's wait and see if bitcoin creates any surprises.

Initially though, I' still seeing a bearish market this 2023, but if we look at the previous yearly candles, it's possible that we might have a small bullish momentum entering 2024.

So yeah, long term prediction from me says that we might be around $20,000 to at least $30,000 if history is going to repeat itself again. It might not be that huge increased, but at least no more lower lows which we don't like in a bearish sentiments.

[naira]

Coming year 2024 from all clear indications should be something certain to gain another ATH. What i meant by $16k to $25k was my speculations how it would be but doesn't mean it will be that way which I am not sure. So there's every potentials for changes or possibly a great event that would likely increase the market. Get important thing at your back end that no one is an expert to know about bitcoin price, all everyone is doing over is mainly predictions and speculations.

The end of January looks like it will be quite interesting to see the price of Bitcoin, other than waiting for the CPI decision we don't think it will be the least bit disturbing. The reason is that Bitcoin experienced a plummeting price when FTX was rampant. And from the beginning of January to the last week, Bitcoin had touched $ 17K as a sign of a good start. However, usually in the middle of this month, speculation drops a little, namely a break below $ 17K until the close of the month will return again above $ 17K.

[Dickiy]

                                 
 
Pic collected

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?

Thank you in advance for showing a hint of hope that bullish will occur in 2023, even though basically we don't know what it will be like this year.
The shadow of recession and war has become a fear to invest in Bitcoin which has a high risk, exchanger crashes and others add to the complaints of longtime bitcoin holders hahaha.
But basically that
happening is a normal 4 year cycle that happens in Bitcoin.
2024 halving is the hope of bitcoin investors to sell back at the top or even my new ATH too
looking forward to it.
If you think about it, it's still quite a while and the price is still under $20k which is an opportunity to continue to accumulate bitcoins.
I think 2023 will be a sideway year or bitcoin winter.

[xSkylarx]

Based on your image I would say it would be up but it is not 100% guaranteed that they will be up this year (but I am hoping too). Just to manage my expectation and also not expect more I would say that this year would be better than last year also that pattern may break this year if we see again a downtrend (but please not) as we can't predict the market. Let's see by the end of the year, there are still a lot of months to get through. Why I expect most this year is that there is no big bad news so the price by the end of this year is strong

[Alisha-k]

The first quarter of the year might still go down but hopes are that we will have greater percentage of upward move in 2023 compared to last year which was massively bearish. But if the trend should repeat what has been occurring in previous years where we get 3 up trend and 1 down trend then it will be a good tool for future predictions. The end of 2023 will show if this trend can become an indicator for long term investment.

[bestcoins1]

The first quarter of the year might still go down but hopes are that we will have greater percentage of upward move in 2023 compared to last year which was massively bearish. But if the trend should repeat what has been occurring in previous years where we get 3 up trend and 1 down trend then it will be a good tool for future predictions. The end of 2023 will show if this trend can become an indicator for long term investment.

Today the price of Bitcoin is increasing again in the market and is above $ 17K so this can actually also be a special indicator for Bitcoin that this month it is still very possible to continue to increase to a better price level than now, although it is still possible to fall again there is. But if the volume of buying Bitcoin continues to increase every day in the market, I think the potential for price increase will be much more visible than the potential for a decrease which probably hasn't disappeared in the market either.

[AmoreJaz]

Based on your image I would say it would be up but it is not 100% guaranteed that they will be up this year (but I am hoping too). Just to manage my expectation and also not expect more I would say that this year would be better than last year also that pattern may break this year if we see again a downtrend (but please not) as we can't predict the market. Let's see by the end of the year, there are still a lot of months to get through. Why I expect most this year is that there is no big bad news so the price by the end of this year is strong

we are still very early for this year to conclude what's gonna be the overall performance of btc. however, we can always speculate about the market. don't expect too high as it may affect your decision towards your coins. we don't have guarantee that it will follow the trend because every year, the factors involve are changing. of course, we can always look at the positive side as the adoption is increasing. but we don't know yet what are the news that will significantly influence the movement of the market.

[michellee]

Finally, bitcoin price has returned to $17k after being under $17k for so long. This is a good sign for bitcoin because this situation could continue and make the price of bitcoin go up again. There is a possibility that the bitcoin price will break to $18k this month but if not, maybe the bitcoin price will stabilize at $17k-$18k. There are still many possibilities that can happen to bitcoin and we should be careful and alert because a decline can still occur so we need to prepare more money to buy at lower prices.

[Emitdama]

It is obvious that this year will be an up year, there is no doubt about that in my mind at all, it's going to happen without a doubt. Obviously there could be some sort of discussion and there could be some people who will disagree with it, but that doesn't mean that they are right and we are wrong.

We had one of the worst years of crypto and we need to just recollect ourselves and when that happens we are gradually going to start going up. That will be a great period when it starts, and 2023 will be the start of it. We will go up a bit this year, a bit more next, and a lot more after that so if you want to invest, right now is the best time, after that it's going to be just more and more.

[Mahanton]

Finally, bitcoin price has returned to $17k after being under $17k for so long. This is a good sign for bitcoin because this situation could continue and make the price of bitcoin go up again. There is a possibility that the bitcoin price will break to $18k this month but if not, maybe the bitcoin price will stabilize at $17k-$18k. There are still many possibilities that can happen to bitcoin and we should be careful and alert because a decline can still occur so we need to prepare more money to buy at lower prices.

Im not really that making too much been expecting about on how Bitcoin would be increasing its price for this year into next year yet everything could happen.This is why it would really be that wise
that you should know on when to take up some action whether you would really be that selling into those small increase increments or would really be holding up your position and this would really vary.
For this year then it is really good to look that the price had moved up a bit but i do expect for some corrections.It is really the best time to make out some buy and sell and making out
some scalping if ever you could be able to do so.

[STT]

Not going down is an upside imo and as the table above reflects its a fair take to say we are more probable to rise after such a rise.  The real limit is up by how much, this part could be some disappointment to many.   We may peak mid year, rising only to fall back on register at year end a small gain compared to what could have been and to me that volatility is what I'd expect more then any fairy tale recovery this year.

[wxa7115]

It is obvious that this year will be an up year, there is no doubt about that in my mind at all, it's going to happen without a doubt. Obviously there could be some sort of discussion and there could be some people who will disagree with it, but that doesn't mean that they are right and we are wrong.

We had one of the worst years of crypto and we need to just recollect ourselves and when that happens we are gradually going to start going up. That will be a great period when it starts, and 2023 will be the start of it. We will go up a bit this year, a bit more next, and a lot more after that so if you want to invest, right now is the best time, after that it's going to be just more and more.

It is true this is a pattern we have experimented in the past, and I will admit that it is possible we will also experiment it during this year and an increase in the price of bitcoin could happen.

However those patterns are the result of thousands of different factors and we cannot simply assume that just because things have been this way in the past they will be in this way in the future as well, previous patterns get broken all the time and it is important to keep our eyes open just in case this were to happen and instead this was a negative or a relatively uneventful year for bitcoin.

[Reatim]

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

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 .

Coming year 2024 from all clear indications should be something certain to gain another ATH. What i meant by $16k to $25k was my speculations how it would be but doesn't mean it will be that way which I am not sure. So there's every potentials for changes or possibly a great event that would likely increase the market. Get important thing at your back end that no one is an expert to know about bitcoin price, all everyone is doing over is mainly predictions and speculations.

we are all free from predicting and from speculating but never expect too much , still holding long term or at least semi long term guys .
this is not perfect way but we can be sure of saving our funds in some time from here.
2024 is what we expect to be the booming again so wait till it happens.

[Fara Chan]

According to the chart OP provided, predicting 2023 will be a bullish year, I agree we will have a "bullish" year, but that doesn't mean bitcoin will be able to break ATH this year. That's an exaggerated prediction, as the ATH can only be generated after every halving. 2023 will be an " up " year, which means bitcoin could hit $30k or $40k, which is also considered a bullish year for bitcoin. Anyway, that's only a speculation, let's wait and see if bitcoin creates any surprises.

Right now Bitcoin has seen the appearance of an upward graph, it looks like the wishful thinking for this year will be bullish, it is likely to occur, in 2023 there should be an upward movement, it can be seen through the simple graphic movement that OP gave that this year shows an UP year , and analyzing the market movements of the last few days Bitcoin starting to penetrate to the price of $ 17k can be expected to be the first step for the bull market in 2023.

[michellee]

Finally, bitcoin price has returned to $17k after being under $17k for so long. This is a good sign for bitcoin because this situation could continue and make the price of bitcoin go up again. There is a possibility that the bitcoin price will break to $18k this month but if not, maybe the bitcoin price will stabilize at $17k-$18k. There are still many possibilities that can happen to bitcoin and we should be careful and alert because a decline can still occur so we need to prepare more money to buy at lower prices.

Im not really that making too much been expecting about on how Bitcoin would be increasing its price for this year into next year yet everything could happen.This is why it would really be that wise
that you should know on when to take up some action whether you would really be that selling into those small increase increments or would really be holding up your position and this would really vary.
For this year then it is really good to look that the price had moved up a bit but i do expect for some corrections.It is really the best time to make out some buy and sell and making out
some scalping if ever you could be able to do so.

If we want to sell bitcoin, we must have a calculation by making an analysis at what price we should be able to place a selling order so we can estimate how much profit we will get. If we can accumulate more bitcoins now, we can hope to get a very big profit because I predict the next increase in the price of bitcoins will be very high and many of us will be surprised to see the numbers.

The correction will continue until later, when the price starts moving up. But if you intend to scalp, I hope you take your time placing buy and sell orders and maybe you can wait a while to sell them later.

[_BlackStar]

Right now Bitcoin has seen the appearance of an upward graph, it looks like the wishful thinking for this year will be bullish, it is likely to occur, in 2023 there should be an upward movement, it can be seen through the simple graphic movement that OP gave that this year shows an UP year , and analyzing the market movements of the last few days Bitcoin starting to penetrate to the price of $ 17k can be expected to be the first step for the bull market in 2023.

Based on the image in the OP, every 3 UP cycles have always been punctuated by 1 DOWN cycle in the last 12 years. So there is a possibility that in the next 3 years ^{[2023, 2024 and 2025]} it will get the same pattern where UP is expected. I don't think we can say for sure, but anything is very possible considering the upcoming halving.

I also don't expect bullish during 2023, but price increases can be expected and maybe it will be more than $30K. So just be optimistic about 2023 although the analysis is not always correct.

[aylabadia05]

                                 
 
Pic collected

Based on the picture, there are two possibilities, namely up and down. Actually this is not the desired answer, but here I am still trying to understand the meaning of up and down Bitcoin prices.

If what is meant by up is that it will pass last year's highest price and down is meant to be back below last year's price, then I personally still cannot provide an analysis of what will happen this year.
But I have a little view if this month (January) the price of Bitcoin can be at $18K, then I think this year there will be a lot of upward trends considering that starting from the 1st to today the 9th, a positive trend began to appear.