January bitcoin price out look

[Kemarit]

Next few hours or day or so could determine this question as we're at top of the range we've kept since Dec 16th and even back to end of Nov we held a similar pricing.  If we can trade above 17k and maintain momentum such as the 2, 7, 50 day moving average it could be viewed positively for a trend of gains.
   We had traded closer to 20k and challenged that area before slipping and reaching this lower ledge, it would definitely constitute a small recovery to make this break to a higher level.  DXY had been building this week but fell today so that too continuing would help a trend.

I haven't seen it touch $17,000, but we are near that price range, $16,900 and still moving up. So this is good sign. And yeah, it the momentum continues then all indicators will lead to a good bounce back.

That's what I wanted to see though, $20,000 at least this early to test the market sentiments again.

And probably it will set up what the trend will be this 2023. A small rebound is not that bad after all.

[cryptomaniac_xxx]

[..snip..]

Two experts @MMCrypto and @Marcopeter both made similar comments about Bitcoin.  They basically mean that the price of Bitcoin will not increase in January.  We actually see nothing like this happening to Bitcoin.  Bitcoin price is standing firm between 16k - 17k.

I'm not sure though if we can call them experts, maybe they know how to read TA but it doesn't mean that they are qualify to be an experts. On the contrary, everyone is experts one, just look at those so called Youtube influencers.

Bitcoin price is stuck between 16k - 17k dollar since early January 2023.  Bitcoin price hasn't seen much of a rise since Bitcoin price is currently in line with the past making it unlikely that Bitcoin price will rise in January.  Based on the experience of these experts, we can certainly understand that the price of Bitcoin does not seem to increase in January.

Maybe we are expecting a sideway patterns, but we need to break that big barrier of $17k and see how it goes. Again, those experts are just making a wild and educated guess that you and I can do as well, just saying.

[Popkon6]

[..snip..]

Bitcoin price is stuck between 16k - 17k dollar since early January 2023.  Bitcoin price hasn't seen much of a rise since Bitcoin price is currently in line with the past making it unlikely that Bitcoin price will rise in January.  Based on the experience of these experts, we can certainly understand that the price of Bitcoin does not seem to increase in January.

Maybe we are expecting a sideway patterns, but we need to break that big barrier of $17k and see how it goes. Again, those experts are just making a wild and educated guess that you and I can do as well, just saying.

Bitcoin Market If the barrier of 16K to 17K is broken in January or early 2030 then the Bitcoin market will start to rise.  Between 16K - 17K, the market has been stalled here for almost two months.  We who are large and medium small investors must take the market momentum forward by investing in this current situation.
Again, it is believed that since the price of Bitcoin has declined in January 2012, 2015, 2018 in the same way, Bitcoin will continue to decline in 2023.  But our goal and investors' goal should be to push forward market momentum.  Only investors can take this route.

[CryptoBuds]

The behaviour of Bitcoin last year would also be similar to this year and if care is not taken the worse my happen this year than last year. This is why we must always be vigilant in the market not to relax and be carried away.

When you talk about market cycle the behaviour of two years may be similar but the price of Bitcoin in both years can not be the same, because of some peculiar incidence that happened in both years.

Take the FTX crisis for an instant, that incident alone affected the entire cryptocurncy market significantly, but we can assume the same in this year as the year just started and a lot of things will happen along the way.

Prices can't be the same, that's for sure, but if similar behavior means the market keeps going bad, then prices will fall even more.

FTX is the 2nd crash in 2022 and is considered the biggest crash for the market, but when it comes to the impact on bitcoin price, it is not as big as Luna or the previous drop. I remember when FTX crashed, bitcoin was at $18k and after that crash bitcoin dropped to $15.5k. That's not a huge drop if we compare the previous decline from $69k to $30k or $18k.

In January, bitcoin may have small rallies, but in the medium term 2023, I still believe this will continue to be a bearish year.

Bitcoin is already showing some sign of recoverying on Monday this week bitcoin did a $17,000 price before colliding backwards again, but am sure the impact of the various crises in the last year have lesson and with time the price of bitcoin will recover back to it previous all time.

Bitcoin have done prerty well to have resist the market push back in last year and if this outlook continue, bitcoin will be making some kind of miles ston with the recent good news of countries will to regulate bitcoin for global adoption.

We ended the year at $16.5k, and the current price still can't get past $17k, I don't think we're recovering. People were expecting too much on the bitcoin price, so just because the price changed from 16.6k to 16.9k, people rushed to conclude bitcoin was starting to rise again.

I have yet to see any good news in the market other than Fuds revolving around houbi, and I don't think government regulation is a good sign for bitcoin. Regulation means we will be more controlled and the price of bitcoin can also be adjusted to their will, I don't expect that to happen.

[Gladitorcomeback]

There are still some fud in the market about Huobi Exchange that they Deleted their internal group, if that happened then BTC price can once again collapse to 15k. If everything ok then I think there is chance for Btc to touch $20k before end of January. MtGox BTC release has been postponed which will have positive effects on BTC price.

[bestcoins1]

There are still some fud in the market about Huobi Exchange that they Deleted their internal group, if that happened then BTC price can once again collapse to 15k. If everything ok then I think there is chance for Btc to touch $20k before end of January. MtGox BTC release has been postponed which will have positive effects on BTC price.

What fuds are made now for Huobi Exchange now? Because I haven't read about some of the fuds you mentioned and I don't think that it will directly affect the price of Bitcoin this month, because Huobi Exchange users are not as many users as other exchanges like Binance or Ftx in the past year. So the effect might be a bit different for Bitcoin this month and the opportunity to touch $20K again is still very logical but I don't think it will happen soon this month either.

[Jody.Drummer]

Bitcoin is already showing some sign of recoverying on Monday this week bitcoin did a $17,000 price before colliding backwards again, but am sure the impact of the various crises in the last year have lesson and with time the price of bitcoin will recover back to it previous all time.

Bitcoin have done prerty well to have resist the market push back in last year and if this outlook continue, bitcoin will be making some kind of miles ston with the recent good news of countries will to regulate bitcoin for global adoption.

We ended the year at $16.5k, and the current price still can't get past $17k, I don't think we're recovering. People were expecting too much on the bitcoin price, so just because the price changed from 16.6k to 16.9k, people rushed to conclude bitcoin was starting to rise again.

I have yet to see any good news in the market other than Fuds revolving around houbi, and I don't think government regulation is a good sign for bitcoin. Regulation means we will be more controlled and the price of bitcoin can also be adjusted to their will, I don't expect that to happen.

They are not too hopeful about the price of bitcoin, it's just that they want to be quick to see an increase in the price of bitcoin. With such a short time and with FUD still around bitcoin, there is still a possibility that bitcoin will go up quickly, but don't expect it to be that fast.
Haven't we invested in bitcoin for a long time? if yes, then there is no need to worry about when bitcoin price increase will occur. However, if we invest for a short time, then it becomes natural to want to go up that fast. And in my opinion, when we want to quickly see an increase in the price of bitcoin for investing in a short time, then this step is not quite right, in my opinion.

[AakZaki]

indeed! bad news on top of another one made the btc performance to be stagnant and not improving. however, we are seeing seemingly green market again. though we don't know if it can sustain or continuously go up and surpass the 17k mark. but if you feel you have good opportunity today to accumulate more satoshis, why not? because once it is going up, you may regret of not putting some on this market.

you are right about the best current opportunity to collect bitcoins. If not now then when else will start collecting bitcoins. Is it waiting for bitcoin to collapse again? Doing a DCA strategy will work for now, and hold it in for the long term. Currently, the price of bitcoin has been able to break through the price of $ 17k, and hopefully, this will be a sign that Bitcoin is strong enough to stay above the price of $ 20k. When bitcoin starts to go up and don't buy anything, there will be regrets.

[Falconer]

you are right about the best current opportunity to collect bitcoins. If not now then when else will start collecting bitcoins. Is it waiting for bitcoin to collapse again? Doing a DCA strategy will work for now, and hold it in for the long term. Currently, the price of bitcoin has been able to break through the price of $ 17k, and hopefully, this will be a sign that Bitcoin is strong enough to stay above the price of $ 20k. When bitcoin starts to go up and don't buy anything, there will be regrets.

I think DCA is now a must if they want to turn a profit on bitcoin. For no other reason than to buy now, but I don't expect them to sacrifice much of their needs just to get on budget. Highly not recommended, I mean the budget for investment should be from a budget that is no longer needed for daily needs.

Currently $16.9K, it will break through $17K in the near future. So of course we have really expected a recovery and more resistance to be broken during 2023.

[Hallroom]

Even today no one is exactly sure about the future of cryptocurrency.  Because the future of anything is unknown to us.  However, if we predict the future of Bitcoin in January, then the possibility of an increase in the price from here will be high because the price of Bitcoin is increasing little by little till today.  17k touched the dollar.  So we can predict the future of cryptocurrencies, Bitcoin will have an upward trend in January.

[ilovealtcoins]

Currently $16.9K, it will break through $17K in the near future. So of course we have really expected a recovery and more resistance to be broken during 2023.

I believe bitcoin can cross $17k this January and this January has a lot of time, but with the current slow growth rate and no positive news coming out, I really don't think bitcoin can hit $18k this month. Bitcoin over the weekend barely moved, it looks like the effects of the holidays are still there.

[michellee]

Even today no one is exactly sure about the future of cryptocurrency.  Because the future of anything is unknown to us.  However, if we predict the future of Bitcoin in January, then the possibility of an increase in the price from here will be high because the price of Bitcoin is increasing little by little till today.  17k touched the dollar.  So we can predict the future of cryptocurrencies, Bitcoin will have an upward trend in January.

No one knows about the future but many of us have already predicted where the price of bitcoin will go and it could make many people follow suit. Maybe the trend of bitcoin prices can increase in January, but there is a possibility that the increase in bitcoin prices will not increase quickly and it seems that the price of bitcoin is still waiting for the right moment to start its rally to penetrate the $ 20k first. Maybe $20k is the first target for bitcoin to reach because it will not be easy. But we must still believe in bitcoin and try to collect a lot of bitcoin.

[maydna]

There are still some fud in the market about Huobi Exchange that they Deleted their internal group, if that happened then BTC price can once again collapse to 15k. If everything ok then I think there is chance for Btc to touch $20k before end of January. MtGox BTC release has been postponed which will have positive effects on BTC price.

So after FTX was attacked, now it's Huobi exchange that's being attacked. This could destabilize the market again if this were to happen. The price of bitcoin is now stable and can increase, although slowly. But hopefully, that doesn't happen, but if it does happen, there won't be any panic going on in the market, so it doesn't affect the current bitcoin price. Bitcoin still has a chance to touch $20k, even higher than that price, but we still have to be patient and wait.

[fzkto]

Even today no one is exactly sure about the future of cryptocurrency.  Because the future of anything is unknown to us.  However, if we predict the future of Bitcoin in January, then the possibility of an increase in the price from here will be high because the price of Bitcoin is increasing little by little till today.  17k touched the dollar.  So we can predict the future of cryptocurrencies, Bitcoin will have an upward trend in January.

Even if bitcoin touched 17k today, that does not indicate that bitcoin will have an uptrend in January. We will have to see how this week closes, I think that could tell us a lot. But the main thing now is to get it above 17k. And if there is no fall from this level, then we can think about the uptrend, or rather about the sideways movement first. I don't think January is the best month for bitcoin historically.

[GreatArkansas]

(....)
The question now is with the current bitcoin price outlook what is the possible bitcoin January price outlook you can speculate on based on your personal market analyses?

For me, Bitcoin will stay on this level right now. Not higher that $20,000 and not less than $15,000.
This is a good start to the year 2023, where Bitcoin breached above $17,000 already but my bearish vision for Bitcoin is still there. I believe we will do more sideways and not really good if you are trading to these level right now.

[Yatsan]

(....)
The question now is with the current bitcoin price outlook what is the possible bitcoin January price outlook you can speculate on based on your personal market analyses?

For me, Bitcoin will stay on this level right now. Not higher that $20,000 and not less than $15,000.
This is a good start to the year 2023, where Bitcoin breached above $17,000 already but my bearish vision for Bitcoin is still there. I believe we will do more sideways and not really good if you are trading to these level right now.

If it is for this month, then yes this is more likely to happen. But if it is for the whole year, then it is still blurry at this moment. Unlike with last year's market behavior, nothing's being anticipated for this year. The increase which we are all waiting for, on my end, is more likely to happen on 2024 because of the halving. But not as well to close the door of excitement for this year, something could still occur which may yield to a higher iterest in this industry such as huge countries accepting this technology. The factors which contributed with the downfall are still being felt but atleast, not as 'noisy' as before. So yes, holding and waiting for now would be good until a clear trend line appears.

[fadhilz123]

I believe bitcoin can cross $17k this January and this January has a lot of time, but with the current slow growth rate and no positive news coming out, I really don't think bitcoin can hit $18k this month. Bitcoin over the weekend barely moved, it looks like the effects of the holidays are still there.

The price of $17K has passed today in Bitcoin, and if there are no more holiday effects or bad news that can affect the price of Bitcoin in the market. I think the Bitcoin price will be very close to the $18K range even though it won't be reached immediately this month, but given today's movements. I am starting to believe that within the first quarter of this year Bitcoin could return to better price levels and could even pass $18K if there is no further decline in the market.

[Popkon6]

I believe bitcoin can cross $17k this January and this January has a lot of time, but with the current slow growth rate and no positive news coming out, I really don't think bitcoin can hit $18k this month. Bitcoin over the weekend barely moved, it looks like the effects of the holidays are still there.

The price of $17K has passed today in Bitcoin, and if there are no more holiday effects or bad news that can affect the price of Bitcoin in the market. I think the Bitcoin price will be very close to the $18K range even though it won't be reached immediately this month, but given today's movements. I am starting to believe that within the first quarter of this year Bitcoin could return to better price levels and could even pass $18K if there is no further decline in the market.

The Bitcoin market is in such a dire state that it will take a long time to recover from.  But little by little the price of Bitcoin is going to go up.  If we can climb right up from this hole then surely we can see the light of bright future from here.  Bitcoin has reached the end of its downtrend.  But currently the price of Bitcoin has moved slightly higher to 17.2k dollars.  Which is slightly higher than the past price.

It looks like we will be able to take the Bitcoin price from 18k to 19k by the month of January.  We are not ready to invest right now because investors are very shy at present.  Still we will not give up we are ready to invest at the right time and have invested some money.

[Yaunfitda]

There are still some fud in the market about Huobi Exchange that they Deleted their internal group, if that happened then BTC price can once again collapse to 15k. If everything ok then I think there is chance for Btc to touch $20k before end of January. MtGox BTC release has been postponed which will have positive effects on BTC price.

When was this FUD? I haven't heard anything about this one, in any case, it doesn't look like it has affected the price as we are still in the green candle and pushing above $17,200. So hopefully, this news is not true because we don't like to have negative news at the start of the year.

So I would say the outlook is still very much positive.

Although I'm not seeing a $20k price, but if the price is going to be green all this month then it's a good start for us.

[wxa7115]

I believe bitcoin can cross $17k this January and this January has a lot of time, but with the current slow growth rate and no positive news coming out, I really don't think bitcoin can hit $18k this month. Bitcoin over the weekend barely moved, it looks like the effects of the holidays are still there.

The price of $17K has passed today in Bitcoin, and if there are no more holiday effects or bad news that can affect the price of Bitcoin in the market. I think the Bitcoin price will be very close to the $18K range even though it won't be reached immediately this month, but given today's movements. I am starting to believe that within the first quarter of this year Bitcoin could return to better price levels and could even pass $18K if there is no further decline in the market.

And just like that we reached your prediction as bitcoin is trading above the 18k level at the moment, but I will admit that I thought it will take longer for bitcoin to reach this price.

But it is still important to keep our expectations out of this market at reasonable levels, as roughly one month ago we reached this price and then we touched the 16k level again just a few days later, and we saw a similar event two months ago as well, and while this could be the beginning of a strong recovery it could also be nothing more but the whales playing with the price to extract more profits from us and we need to be careful so we avoid falling into a potential bull trap.