Will 2023 be another up year for Bitcoin?

[romero121]

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

That is your assumptions or narratives, because the up going the price of Bitcoin does not have any fixed time or specifications for increment,  the price of Bitcoin is determine by the demands and supply of the market, which it can happen now or next day because of the volume of the market. So no particular time we can say that it's fixed for Bitcoin market increment. Some of those analysis is assumptions from different people understanding of the market.

The variation happens in accordance to the demand and the supply. As for now the market is in good position and we don't know what happens by the second half of the year. Just think of the previous year, when the market is predicted to bounce continuously it started to fall down as more and more negative news connective to cryptocurrency market started to roll out.

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[TelolettOm]

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

The rising has started since the beginning of this year. We already experienced big decreases in the whole of 202, the market doesn't need more downwards to recover. So, a half year for another downward isn't likely to happen. You must realize that there is a constant positive trend. It is supported by more good news and fewer bad news. I am very sure 2022 is another Bitcoin UP, it is probably the same as in 2019 and 2015.  

It is dangerous to only base our predictions on a picture about the up and down cycle for bitcoins, but there is a lot of optimism about this year and I am positive too that this year will be a good year for bitcoins.

What makes the picture dangerous?  
People surely make a prediction not only based on the picture, but they also use more sources to provide a prediction.
Regarding the picture, it is not a meaningless picture. It is created by analyzing the data of the history of previous Bitcoin Up and Down in each year.

[Wong Gendheng]

The price has gone up more than 40% when compared to the end of the year and makes us worthy of expecting a lot in 2023, we must forget the dark story in 2022 and prepare to welcome the New ATH this year, do not panic and easily sell when there is a correction, because the market will immediately rise and make us regret if we sell at a cheap price.

[justdimin]

The price has gone up more than 40% when compared to the end of the year and makes us worthy of expecting a lot in 2023, we must forget the dark story in 2022 and prepare to welcome the New ATH this year

For those who experienced similar dark stories in 2014 and 2018, last year must be just another year and nothing to remember about that which may impact the future. Similarly, you might need to wait till 2025 to see a new ATH as no bull trend is stronger enough to sustain and to take bitcoin market into a new ATH immediately. We need to face another shorter bear conditions by the middle of this year as this year is usually to be a sideways market in the bitcoin's four year long market cycles.

the market will immediately rise and make us regret if we sell at a cheap price.

Bitcoin market is known for that kind because in long run bitcoin is usually keep raising hence every seller will regret after certain time frame. For example, people who sold in 2021 around $65k might be proud of their decisions but if they do not buy back now then will definitely regret by the beginning of 2025 when bitcoin will be testing new ATH.

[Rana590]

The price has gone up more than 40% when compared to the end of the year and makes us worthy of expecting a lot in 2023, we must forget the dark story in 2022 and prepare to welcome the New ATH this year, do not panic and easily sell when there is a correction, because the market will immediately rise and make us regret if we sell at a cheap price.

In my opinion, panic sell is a curse and everyone should overcome this situation to make profit. Till now, Bitcoin is growing perfectly in this year and it is a good sign. It is not sure that Bitcoin will be able to reach new ATH in this year because worldwide economic condition isn't going well. But Bitcoin will rise more day by day and we are getting result already.

[mich]

Well yes I do think we will see a up year for Bitcoin in 2023. I am still waiting for that important 25k price before I will begin to expect and hope for a 'bull market'.

I am reading many people online saying big numbers this year. I even seen someone say Bitcoin to 50k by end of year, which I do not find realistic. But wouldn't that just be something special if it did happen. I will be happy with price of 30k by end of this year.

[19Nov16]

If the last price in 2022 was around $16 and the current price is around $23k then there has been an increase of more than s333, this makes us optimistic that bitcoin will rise or recover, even many analysts believe that by the end of 2023 the price can pass the ATH which This has happened before, our focus now is to continue buying, we can get 100% or more profits this year.

[fuguebtc]

Well yes I do think we will see a up year for Bitcoin in 2023. I am still waiting for that important 25k price before I will begin to expect and hope for a 'bull market'.

I am reading many people online saying big numbers this year. I even seen someone say Bitcoin to 50k by end of year, which I do not find realistic. But wouldn't that just be something special if it did happen. I will be happy with price of 30k by end of this year.

Targets of $30,000 or $50,000 by the end of the year are still possible as by then, they are very close to halving. But what matters is what happens between now and the end of the year because we have 11 months to go until the end of the year. I also believe that 2023 will be a bullish year compared to 2022, but there will be fluctuations and a final correction to bottom this bear season before the end of the bear season in preparation for the halving and bull run.

[maydna]

The price has gone up more than 40% when compared to the end of the year and makes us worthy of expecting a lot in 2023, we must forget the dark story in 2022 and prepare to welcome the New ATH this year, do not panic and easily sell when there is a correction, because the market will immediately rise and make us regret if we sell at a cheap price.

There's no need to panic and it's easy to sell during a correction but instead, use that moment to buy more at a low price. I hope this year will be a price reversal for bitcoin and altcoins. But if that doesn't happen, I can still wait a bit longer and try to increase my bitcoin amount. But I feel that the market will not go up high immediately but is still going up gradually and correction will still happen again. Meanwhile, we don't know whether the new ATH will occur this year or next.

[Nrcewker]

The price has gone up more than 40% when compared to the end of the year and makes us worthy of expecting a lot in 2023, we must forget the dark story in 2022 and prepare to welcome the New ATH this year, do not panic and easily sell when there is a correction, because the market will immediately rise and make us regret if we sell at a cheap price.

We need to always remember that, after a big bull market, the bearish market arrives. So yes Bitcoins are definitely tend to rise in this following year. Moreover if you see the previous charts the Bitcoins always repeats the growth. And this year, it is expected that the price will grow. Moreover Bitcoins have already shown positive attitude at that starting of the year, so if this pace is followed here, then definitely the year will be big for the coin. Now we have to just keep the pressure on Bitcoins by increasing the demand, and hence the price will go to the 35k usd range.

[Tony116]

The price has gone up more than 40% when compared to the end of the year and makes us worthy of expecting a lot in 2023, we must forget the dark story in 2022 and prepare to welcome the New ATH this year, do not panic and easily sell when there is a correction, because the market will immediately rise and make us regret if we sell at a cheap price.

There's no need to panic and it's easy to sell during a correction but instead, use that moment to buy more at a low price. I hope this year will be a price reversal for bitcoin and altcoins. But if that doesn't happen, I can still wait a bit longer and try to increase my bitcoin amount. But I feel that the market will not go up high immediately but is still going up gradually and correction will still happen again. Meanwhile, we don't know whether the new ATH will occur this year or next.

2022 for me is a favorable year and nothing to be afraid of, I have used a lot of opportunities to buy high discount bitcoin, and I am really satisfied with what I achieved in 2022. Although bitcoin has been up 40% since the start of this year, I don't think bitcoin can continue to rise or hit new ATHs for the year. I still believe that history will repeat itself, we will only really enter the bull season, and bitcoin will hit ATH if and only if the halving occurs.

[Davian144]

The price has gone up more than 40% when compared to the end of the year and makes us worthy of expecting a lot in 2023, we must forget the dark story in 2022 and prepare to welcome the New ATH this year, do not panic and easily sell when there is a correction, because the market will immediately rise and make us regret if we sell at a cheap price.

Bitcoin price growth has indeed started to improve in the first quarter of this year, but I don't think that Bitcoin will reach a new ATH this year because the price increase that occurs in Bitcoin still looks slow even though it is proven to be moving in the market. And it's true that selling assets like Bitcoin while the price is increasing is a mistake. But for those whose job is to trade with Bitcoin, they will definitely sell when they have made a profit before they buy back when the correction occurs.

In my opinion, panic sell is a curse and everyone should overcome this situation to make profit. Till now, Bitcoin is growing perfectly in this year and it is a good sign. It is not sure that Bitcoin will be able to reach new ATH in this year because worldwide economic condition isn't going well. But Bitcoin will rise more day by day and we are getting result already.

I really agree with what you said because I also believe that within this year it is unlikely that Bitcoin will immediately reach a new ATH although it is also not impossible to happen. But with the huge drop last year, it's clear that Bitcoin is a little bit hampered from reaching a new ATH directly this year because the time needed for Bitcoin to reach this big thing is not small.

[jaberwock]

The price has gone up more than 40% when compared to the end of the year and makes us worthy of expecting a lot in 2023, we must forget the dark story in 2022 and prepare to welcome the New ATH this year, do not panic and easily sell when there is a correction, because the market will immediately rise and make us regret if we sell at a cheap price.

There's no need to panic and it's easy to sell during a correction but instead, use that moment to buy more at a low price. I hope this year will be a price reversal for bitcoin and altcoins. But if that doesn't happen, I can still wait a bit longer and try to increase my bitcoin amount. But I feel that the market will not go up high immediately but is still going up gradually and correction will still happen again. Meanwhile, we don't know whether the new ATH will occur this year or next.

A correction is only a small decline so it's not something that can make us panic but if the price drops further then there might be more than a correction but again like you said, instead of panicking it would be better if we can use that opportunity to buy more coins knowing that we are talking about there is bitcoin and not any other coins.

And like you many are also hoping for a reversal but it seems that your guys' wish is coming true because the price still continues to increase. I remember we start this year with a $17k but look if where we are at now, we are at $24k already. That's quick but this was a great start for this new year 2023.

[Rana590]

If the last price in 2022 was around $16 and the current price is around $23k then there has been an increase of more than s333, this makes us optimistic that bitcoin will rise or recover, even many analysts believe that by the end of 2023 the price can pass the ATH which This has happened before, our focus now is to continue buying, we can get 100% or more profits this year.

It is not the matter of analysing the report for 1 year. Bitcoin is growing continuously and we know everything has some limitations also. Price can be dropped or manipulated and it may happen for different reasons like correction, economic condition, demand supply, influence and others. We have to think about buying opportunity rather than discussing about new ATH.

[Falconer]

Targets of $30,000 or $50,000 by the end of the year are still possible as by then, they are very close to halving. But what matters is what happens between now and the end of the year because we have 11 months to go until the end of the year. I also believe that 2023 will be a bullish year compared to 2022, but there will be fluctuations and a final correction to bottom this bear season before the end of the bear season in preparation for the halving and bull run.

I'm not specifically aiming for 3x or 4x its lowest price in the last year, but I think $30K seems very likely during 2023. Being $60K requires a lot of investor support, but if market demand increases month by month, then of course $40K to $50K can easily be raised. I tend to expect that over the course of 2023 the bitcoin price will not go lower than $20K, but if the market does otherwise then I expect $10K to buy the lot.

Right now the price of bitcoin is $23K, and I don't get much of a reason why it should go down to $22K or $20K during February. So $22K support should be strong on my side.

[Moeda]

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?

If we look at the current condition of the Bitcoin price, of course in 2023 Bitcoin will rise. But if we refer to the previous years, the current rise in Bitcoin price is temporary, meaning it is not entering into a bullrun that could reach ATH.

[Captain Corporate]

I have said this before, I think ever bad year has a following "meh" year and that's exactly whats going to be like. Do you guys remember 2019? What do we have that is from 2019 which stayed in your mind? It wasn't the year ICO's started, it wasn't the year NFT became big, it was a "meh" year that basically nothing major happened. There was a small increase, about a x2 levels, which would be 40k or even 35k for this year, because our bottom in 2022 was around 16-17k range, and x2 of that would be max 35k, same as the bottom of 2018 became x2 in the 2019 year. Thats about all that we can hope for it and that's about it.

[erep]

I'm not specifically aiming for 3x or 4x its lowest price in the last year, but I think $30K seems very likely during 2023. Being $60K requires a lot of investor support, but if market demand increases month by month, then of course $40K to $50K can easily be raised. I tend to expect that over the course of 2023 the bitcoin price will not go lower than $20K, but if the market does otherwise then I expect $10K to buy the lot.

The target for a $40k increase in price is very realistic to achieve this year rather than aiming for a predicted price high, bitcoin price has recovered at the start of the year and indicates a further increase in the next month but we expect no bearish impact this year, the market has been very suffered last year and now is the time to reach the high price again that was achieved before.

Right now the price of bitcoin is $23K, and I don't get much of a reason why it should go down to $22K or $20K during February. So $22K support should be strong on my side.

As per my prediction that February will be a market correction due to last month's increase, we cannot confirm the strongest support at $22k or $21k because the market is still sensitive about interest rate news from the FED decision and some other news factors that may affect the market price .

[Silberman]

I have said this before, I think ever bad year has a following "meh" year and that's exactly whats going to be like. Do you guys remember 2019? What do we have that is from 2019 which stayed in your mind? It wasn't the year ICO's started, it wasn't the year NFT became big, it was a "meh" year that basically nothing major happened. There was a small increase, about a x2 levels, which would be 40k or even 35k for this year, because our bottom in 2022 was around 16-17k range, and x2 of that would be max 35k, same as the bottom of 2018 became x2 in the 2019 year. Thats about all that we can hope for it and that's about it.

This is a good description of what this year could be, we are seeing signs it could be a positive year but at the same time we must not expect much out of it, as the halving is still far away and it is not as if the world economy is showing an incredible growth either, so a mediocre year is the most likely option for 2023, however when compared to the incredibly difficult year 2022 was I will take a mediocre 2023 without even thinking about it over the alternative.

[Lubang Bawah]

The bad trend that has been going on for more than a year has of course made many stop and choose cut losses, of course this is an important lesson for us that investing in cryptocurrencies needs patience, now the price has gone up more than 40% and in my opinion there is still a chance to get profit, I'm sure the price will continue to rise and soon to touch $ 30k in the current month.