January bitcoin price out look

[laurenB7742]

We are halfway into January and we are still around 20k Bitcoin price we may have a very slow growth in this period and since we are already above 20k the only time we can expect to end the month at a 25k price of we should be climbing up to around 22k before this week end.

some speculators are already predicting a further pull back since the price have dropped below the 21k within the last 24 hours.

But if tge price of Bitcoin can really recover up to 22k in thos months only then we can expect to see a significant bull come back with a lot of recoveries to do in the coming month if all things keep being equal and on a positive appetite.

The highest we have in recent days is 21.5k which means the distance to reach 22k is not too far, so if it can reach 22k, there is no guarantee there will be a rally in significant prices occur. I still suspect that what's going on is more of a trap than a real bull run, even though many people argue that no one can manipulate the market for such a long time (we've rallied over 7 past days). Bitcoin has dropped in the last 24 hours because of some bad news, but in my opinion, bitcoin will still rise again to complete the trap.

[Yaunfitda]

We are halfway into January and we are still around 20k Bitcoin price we may have a very slow growth in this period and since we are already above 20k the only time we can expect to end the month at a 25k price of we should be climbing up to around 22k before this week end.

some speculators are already predicting a further pull back since the price have dropped below the 21k within the last 24 hours.

But if tge price of Bitcoin can really recover up to 22k in thos months only then we can expect to see a significant bull come back with a lot of recoveries to do in the coming month if all things keep being equal and on a positive appetite.

The highest we have in recent days is 21.5k which means the distance to reach 22k is not too far, so if it can reach 22k, there is no guarantee there will be a rally in significant prices occur. I still suspect that what's going on is more of a trap than a real bull run, even though many people argue that no one can manipulate the market for such a long time (we've rallied over 7 past days). Bitcoin has dropped in the last 24 hours because of some bad news, but in my opinion, bitcoin will still rise again to complete the trap.

Yes, we also did touch $22k, but it seems there are a slight sell off -2% in the last 24 hours, so we are back into the $20,700 range. That's why quickly it gets liquidated, and we are still way below $1 trillion total marketcap.

Hopefully this setback is just temporary, we wanted to see if we can attempt at $22k and solidify around that price and perhaps if the market sentiments continue to be positive, then maybe not just $22k but maybe in the range of $25k could be the target next.

[wxa7115]

We are halfway into January and we are still around 20k Bitcoin price we may have a very slow growth in this period and since we are already above 20k the only time we can expect to end the month at a 25k price of we should be climbing up to around 22k before this week end.

some speculators are already predicting a further pull back since the price have dropped below the 21k within the last 24 hours.

But if tge price of Bitcoin can really recover up to 22k in thos months only then we can expect to see a significant bull come back with a lot of recoveries to do in the coming month if all things keep being equal and on a positive appetite.

The next days are going to be very important as according to some reports Genesis could declare bankruptcy a week from now, and it would be natural for the bears to take advantage of this opportunity to try to make the price to go even lower.

But if the price can sustain itself and does not drop that hard then that would mean there are not many weak hands left on the market and that a stronger recovery is just a matter of time, and while I think this is the most likely scenario, a strong downward movement cannot be discarded completely.

[Reatim]

Events in the last few weeks have drastically affected bitcoin price as the price of bitcoin has struggled to remain around $16k with heavy resistance to push above 20k in the last few days into 2023.

Since the FTX and LuNA crises started Bitcoin has struggled to retain its previous price before the attack which was around 25k-30 benchmarks.

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?

2weeks before January ends yet the price still holding 20k and above , there is a small fall from 21k yesterday but i think this will not continue and will keep this level for a week more or at least a month.

the main question now is what are we holding this whole quarter and the next? I mean this 2023 are we staying this level or another dumping that will come , or another Bottom to record before the final increase?

[Jating]

We are halfway into January and we are still around 20k Bitcoin price we may have a very slow growth in this period and since we are already above 20k the only time we can expect to end the month at a 25k price of we should be climbing up to around 22k before this week end.

some speculators are already predicting a further pull back since the price have dropped below the 21k within the last 24 hours.

But if tge price of Bitcoin can really recover up to 22k in thos months only then we can expect to see a significant bull come back with a lot of recoveries to do in the coming month if all things keep being equal and on a positive appetite.

The next days are going to be very important as according to some reports Genesis could declare bankruptcy a week from now, and it would be natural for the bears to take advantage of this opportunity to try to make the price to go even lower.

Regardless though, we haven't seen that much impact and dent on the price, although we have some corrections, going to back < $21k. But I think the $20k price is our support for now.

But if the price can sustain itself and does not drop that hard then that would mean there are not many weak hands left on the market and that a stronger recovery is just a matter of time, and while I think this is the most likely scenario, a strong downward movement cannot be discarded completely.

As I have said, still holding and we didn't go below $20k, so maybe those who are selling are just small fraction, and investors are continuing to take advantage of the cheap price and loading as much bitcoin as they can at $20k price. What we should look is the price action throughout this month not just the end of the week as I have a feeling that we are going to sustain above $20k this month which is a good sign.

[Nrcewker]

I guess the price of Bitcoin will reach $25k before the end of January because, the price has moved to $17k few days ago which are the signs people what to see to be strong in holding this new year. Since, the price of Bitcoin has moved from $16k to $17k show, that before the end of this January many people will start experiencing opportunity from their investment because the bear is about to leave the market for the bull to remain stable.

Anything is possible, but hardly 10 days are remaining for January. I don’t think it will reach till 25k usd. Yup it keeps on increasing like the current pace or trend then definitely something big will happen. If by chance it touches 25k usd, then automatically due to market pressure, Bitcoins will cross 40k usd. Yes I know these are just assumptions but still this will definitely happen if Bitcoins manages to cross 25k usd. Let’s not expect more and be happy with the current price. Hoping for the best.

[tygeade]

2weeks before January ends yet the price still holding 20k and above , there is a small fall from 21k yesterday but i think this will not continue and will keep this level for a week more or at least a month.

the main question now is what are we holding this whole quarter and the next? I mean this 2023 are we staying this level or another dumping that will come , or another Bottom to record before the final increase?

I think it will definitely grow bigger, it is not going to be easy and it is going to take a while before we go up, probably not this quarter but by next quarter we are going to end up with a good return for sure. Hence, if we are really inclined to do so, we should be prefer to hold it as long as we should. 2023 started well, and with all the gemini and so forth talks, we are standing strong and not falling at all.

This is a proof that everyone is ready for something bigger. It is also true that it has been 1.5+ years since the last ATH, which was long time ago, it's time for bitcoin price to go up, and it would be easier if it started now and slowly did that for the whole year.

[STT]

Bullish flag on the daily BTC chart I think, if we maintain yesterdays closing low I'd say that looks good for at least the rest of this month.   Lets see how it closes this week out but to hold a higher price like this with minimal pullback is a good performance imo. 




Just going sideways here would negate the flag but seems quite reasonable we see positive move developing.

[Ryu_Ar1]

We are halfway into January and we are still around 20k Bitcoin price we may have a very slow growth in this period and since we are already above 20k the only time we can expect to end the month at a 25k price of we should be climbing up to around 22k before this week end.

some speculators are already predicting a further pull back since the price have dropped below the 21k within the last 24 hours.

But if tge price of Bitcoin can really recover up to 22k in thos months only then we can expect to see a significant bull come back with a lot of recoveries to do in the coming month if all things keep being equal and on a positive appetite.

The next days are going to be very important as according to some reports Genesis could declare bankruptcy a week from now, and it would be natural for the bears to take advantage of this opportunity to try to make the price to go even lower.

Regardless though, we haven't seen that much impact and dent on the price, although we have some corrections, going to back < $21k. But I think the $20k price is our support for now.

They have seen several retests in this regard but still not showing good signs actually. I think even for now $19k is still possible to return, I'm waiting for my DCA at that price and although it does slightly disrupt my schedule for a few days in DCA I think it's still quite worth it splitting my DCA now by buying bitcoin at $20k and $19 k for now.

[Dave1]

Bullish flag on the daily BTC chart I think, if we maintain yesterdays closing low I'd say that looks good for at least the rest of this month.   Lets see how it closes this week out but to hold a higher price like this with minimal pullback is a good performance imo.  

Yeah, probably we might see the price above $20k at the end of the month, we seems to be very bullish. I thought that the buying will have to stop because of some negative news, but due to the bitcoin expiry contracts, the bulls push it to above $21k again to get the needed profits on the expiration. Bears no longer control the market for now and this trend might continue till the end of the month.

[RILWAN]

January is gone beyond half of the month and the market outlook seems to be that of resistance of the beer market pulling the price down from recovering, take bitcoin, for example, the price moved above 21,000+ before it melted down a little below that prof ice beer market force is high and thos month may be a struglling mo th for the entire market.

[capedbaldy]

Yeah, probably we might see the price above $20k at the end of the month, we seems to be very bullish. I thought that the buying will have to stop because of some negative news, but due to the bitcoin expiry contracts, the bulls push it to above $21k again to get the needed profits on the expiration. Bears no longer control the market for now and this trend might continue till the end of the month.

The price recovery in january was significant and much higher than my expectations, however we may see a correction in the last week of january or early february as any high price gains are bound to correct, maybe prices will stabilize at $19-20k.

[Republikcoin.com]

Yeah, probably we might see the price above $20k at the end of the month, we seems to be very bullish. I thought that the buying will have to stop because of some negative news, but due to the bitcoin expiry contracts, the bulls push it to above $21k again to get the needed profits on the expiration. Bears no longer control the market for now and this trend might continue till the end of the month.

Bitcoin broke to over $23K yesterday and is still very close to the $23K price level right now. So I also think that the bears are no longer in control of the market this month despite the negative news as you said but I still haven't read it and it may no longer matter to the buyers who are currently still buying Bitcoin with as much capital as they can.

The price recovery in january was significant and much higher than my expectations, however we may see a correction in the last week of january or early february as any high price gains are bound to correct, maybe prices will stabilize at $19-20k.

It is still possible for a correction to occur again this month, but I don't think that the percentage of the correction will be greater than the increase that has occurred this month, because if Bitcoin can surpass the $25K level in the near future, the correction may not be too far from the level that price. But if it's still below $25K, it could be a correction to $20K but I don't think it will be below $20K again.

[Ojima-ojo]

I guess the price of Bitcoin will reach $25k before the end of January because, the price has moved to $17k few days ago which are the signs people what to see to be strong in holding this new year. Since, the price of Bitcoin has moved from $16k to $17k show, that before the end of this January many people will start experiencing opportunities from their investments because the bear is about to leave the market for the bull to remain stable.

I guess it is too early to say as the current bitcoin DCA price is still struggling with the resistance movement, but significantly bitcoin has shown some strength and breakout behaviour when the price reached $23k yesterday before it correct back to a little above 22k at the moment and this delay in reaching a significant price level may run through the new week.

Bitcoin will continue to create a pull-up tendency but then the beer market will not just give way so easily, so bitcoin may continue to recover all through the month but a 25k to 30k January price may be a little overboard prediction.

[GeorgeJohn]

I guess it is too early to say as the current bitcoin DCA price is still struggling with the resistance movement, but significantly bitcoin has shown some strength and breakout behaviour when the price reached $23k yesterday before it correct back to a little above 22k at the moment and this delay in reaching a significant price level may run through the new week.

Bitcoin will continue to create a pull-up tendency but then the beer market will not just give way so easily, so bitcoin may continue to recover all through the month but a 25k to 30k January price may be a little overboard prediction.

We can't fully say that Bitcoin price have gotten to a point that we can conclude that it's increment is now strong not to decrease at any point in time. What Bitcoin is doing now is a correction. Because i believe that their is every tendency that the price might go back to decrease level or point. Before we can consider the price of Bitcoin currently as what is in the stage of bullish market, i will say that the price is in the state of forty thousand to sixty thousands in price. So therefore January is the beginning of the year and I believe that we have alot of months to comes and we done know the what will be the outcome of the price regulations or revolution. Let us not have it in mind that the price will continue to accelerate.

[erep]

We can't fully say that Bitcoin price have gotten to a point that we can conclude that it's increment is now strong not to decrease at any point in time. What Bitcoin is doing now is a correction. Because i believe that their is every tendency that the price might go back to decrease level or point. Before we can consider the price of Bitcoin currently as what is in the stage of bullish market, i will say that the price is in the state of forty thousand to sixty thousands in price. So therefore January is the beginning of the year and I believe that we have alot of months to comes and we done know the what will be the outcome of the price regulations or revolution. Let us not have it in mind that the price will continue to accelerate.

There is no price chart line that goes up or down but moves zig zag according to the bitcoin price based on demand and supply, so every increase there must be a correction and vice versa, so at the end of January there was a low correction but no potential to decrease to the previous lowest price, if market support is increasing and there is no fud pressing on the price so it is certain that the current correction signals the process of recovering the price higher for the next month.

[STT]

We further improved price on Friday to a higher bullish flag.   If we can maintain that area, hold 22.5k it should prove quite positive into the new week but if we fail to keep this potential support I think its reasonable we return a thousand lower to 21.5k.  Basically checking all the price action of the last week to confirm before we go higher; weekly average is around here and imo thats a good indication we remain positive even within a pullback such as this.   Any further will involve a longer turn around then.

[Mpamaegbu]

Sorry to say this is just beginning of the year and from my own understanding there wouldn't be any much different between last year and this year price of bitcoin, the main target would be like maybe after it's circle next year then we could greatly experience a dynamic change which would likely result to another ATH. So for this year expect bitcoin to be hovering and dangling around $16k to $25k.

Already, there are discussions on this and some quarters are of the opinion that this momentary rally experienced in the last few days that has taken Bitcoin from the $17k region to $23k was expected last November to December before the festivities. Those who argue that are of the opinion that January is usually a dull month for Bitcoin pull up. Well, I know of certain that in cryptos nothing is guaranteed to be the same every time. Just flow with what is happening. I do see your point anyway. I'm also of the opinion that we aren't likely to see another ATH yet until after the halving in 2024.

[Baofeng]

Sorry to say this is just beginning of the year and from my own understanding there wouldn't be any much different between last year and this year price of bitcoin, the main target would be like maybe after it's circle next year then we could greatly experience a dynamic change which would likely result to another ATH. So for this year expect bitcoin to be hovering and dangling around $16k to $25k.

Already, there are discussions on this and some quarters are of the opinion that this momentary rally experienced in the last few days that has taken Bitcoin from the $17k region to $23k was expected last November to December before the festivities. Those who argue that are of the opinion that January is usually a dull month for Bitcoin pull up. Well, I know of certain that in cryptos nothing is guaranteed to be the same every time. Just flow with what is happening. I do see your point anyway. I'm also of the opinion that we aren't likely to see another ATH yet until after the halving in 2024.

We are at the end of the month, just one day and technically we can call this rally a whole month and hopefully this is the start of the year with a green candle. Current price $23,500 and let's see if we can get to $24k tomorrow.

I think after a worst year like in 2018, we bounce back at January if my memory serves me right, so the opinion might be wrong though.

Nevertheless, yes, there will be no ATH for this year, it's more likely after the halving in 2024 and then the bull run will continue up to 2025.

Again, the prediction is 6 digits minimum so we all look forward to one and don't forget to continue to accumulate still.

[STT]

I did think over 25k was possible as a function of erratic movement or general BTC volatility which is rarely in short supply.   However in the previous days its been clear we've tailed off in this bull move and this was balanced when accounting for higher traffic in this area.  25k is a resistance area for possibly 3 or more reasons, such as the focus of long term averages but also Fibonacci levels for the wider scheme of any recovery to BTC.