Will the bitcoin price continue to increase?

[Dickiy]

The current bitcoin price situation can be confusing because today, the bitcoin price has gone up and down and doesn't move up or down too much, and it looks like the price looks sideways. Perhaps, we will continue to see the price like this until the end of the month, and probably in the next month, the price will start to rally again. But I don't know, that's just a temporary prediction while we also don't know for sure what will happen later. The important thing is to prepare your money. If you see the price is right for you, make a purchase.

I personally also feel the same way as you, today's market is quite confusing because if you look at the trend we are still in a bearish moment but lately bitcoin has increased quite significantly in the last two weeks, it's quite a dilemma for me even though I I've bought bitcoin before and been happy, but this month's hike I'm still wondering.
True, we won't know what the future will be like in Q1 2023, maybe in the next few days or weeks bitcoin will be in the sideway zone as you said before continuing the rally, I hope bitcoin can also touch the 200WMA level to make a bullish signal.

[erep]

I personally also feel the same way as you, today's market is quite confusing because if you look at the trend we are still in a bearish moment but lately bitcoin has increased quite significantly in the last two weeks, it's quite a dilemma for me even though I I've bought bitcoin before and been happy, but this month's hike I'm still wondering.

The price of bitcoin is in an unstable phase but tends to increase after a few small corrections, I assumed beforehand that the market would soon return to the $20k price but the market very easily returned to the price of $23k, the altcoin market greatly benefited from the significant market increase in january . But in feb we are not sure the market will focus on recovery but there is some market correction to come so it is better to prepare assets to buy at lower prices for long term assets.

[STT]

Its possible but a bullish flag only lasts for so long before lapsing and presumably failing with lower price action.   We have a possible lead upwards but have also gone sideways for 7 days now, the prior flag before this resolved upwards after 6 days so make of it as you will.  I think some correction downwards happens but a singular time frame cant be considered alone for whether we can rise further later on, for now I would guess we need to confirm down to 20k or so maybe.

[Saisher]

bitcoin started the year quickly, resulting in a series of price increases, bitcoin for example increased in price to $20,000, and now bitcoin has increased again to $22,695.20.
is it possible that bitcoin will increase again in the near future, or will it decrease again.

Either way could happen, we don't have an exact prediction if the price will increase or decrease it all depends on the headlines coming in if we have lesser FUDS this year and no exchanges or big platform scamming investors then we are good to go and the market will be heading up.

on the other hand some of the negative things experienced by crypto this week also dampened the positive atmosphere, one of which was anxiety in the market, when the US justice department announced it would make an important statement.

The community already received a lot of bad statements coming from authorities in the past, especially in the US there's nothing that could shake up the industry anymore, I am more concerned about hacking and scamming by big players than announcements coming from the US authorities.

[fadhilz123]

The price of bitcoin is in an unstable phase but tends to increase after a few small corrections, I assumed beforehand that the market would soon return to the $20k price but the market very easily returned to the price of $23k, the altcoin market greatly benefited from the significant market increase in january . But in feb we are not sure the market will focus on recovery but there is some market correction to come so it is better to prepare assets to buy at lower prices for long term assets.

I still believe that in February there will still be a recovery in the market for Bitcoin which may also have an effect on some altcoins, as usually after the bigger declines that have occurred in the past year. For the next year there is always a recovery in the Bitcoin price and I still believe that recovery will still occur in the next month even though it may appear slowly due to a small correction like what happened this month in the last few days.

[Wiwo]

we have plenty of opportunity to move within (currently) a wide window of $15k-$90k
so don t expect crashes to $10k or speculations up to $200k
prices will(for now be limited to 15k-90k.. but from looking at the flat line resistances of 1-8 week periods. the whales want to control the price marginally in smaller movements

Are you talking about this year or until ATH max of $90k? If this year I agree that's more or less the range (except I think $20k to 50k is more likely in this next 12 months).

If it is including next year I do expect a crash to $10k if it happens below 30k (50% wipeout).

Yeah, I also agree with the price range you both quoted as the benchmarks for the year, bitcoin will move within that line but the direction it will go is uncertain as usual and the only thing we can do is wait for it out and base our predictions on current market behaviours such as.
-Percentage movement of Bitcoin within a short period e.g the current price movement is a good factor to look upon.
-Level of price stable in an uptrend direction which can easily result in a new price breakout.
Even though the possibility of seeing this prediction become a reality remains uncertain, we can at least be rest assured bitcoin may not drop below its last low throughout the month or even beyond.

[MoonOfLife]

True, we won't know what the future will be like in Q1 2023, maybe in the next few days or weeks bitcoin will be in the sideway zone as you said before continuing the rally, I hope bitcoin can also touch the 200WMA level to make a bullish signal.

Don't say so, we never know the future of bitcoin, even tomorrow, bitcoin will go up or down, let alone predict for January or this year. If you bought bitcoins, then you would expect bitcoins to go up, but those who haven't bought bitcoins or keep buying, they are hoping bitcoins to keep going down. I expect bitcoin to decrease, not increase.

[DOH!]

Bitcoin had a very promising recovery to take the market out of the $15k price range (the deepest bottom bitcoin dropped in 2022) earlier this year. I'm happy with this, of course we all hope for a bullish phase in bitcoin but I think market conditions are still affected and Crisis sentiment remains strong. If bitcoin price closes at $23k this month. That is definitely a strong signal to start a new cycle.

[Silberman]

I still believe that in February there will still be a recovery in the market for Bitcoin which may also have an effect on some altcoins, as usually after the bigger declines that have occurred in the past year. For the next year there is always a recovery in the Bitcoin price and I still believe that recovery will still occur in the next month even though it may appear slowly due to a small correction like what happened this month in the last few days.

We are only a few days away for the first month of the year to end and so far the balance is positive, however since one week ago the price has not moved much and it has remained static, and this can be worrying as the recovery was so fast and so intense that there are some people that are worried about an upcoming correction, which will be dangerous as people are only regaining some of the confidence they have lost during the last year, and a correction so soon after the growth we have experimented could make those investors to sell their coins as they lose their patience and prefer to leave the market for good.

[bestcoins1]

Don't say so, we never know the future of bitcoin, even tomorrow, bitcoin will go up or down, let alone predict for January or this year. If you bought bitcoins, then you would expect bitcoins to go up, but those who haven't bought bitcoins or keep buying, they are hoping bitcoins to keep going down. I expect bitcoin to decrease, not increase.

You expect a decline in Bitcoin just because you haven't had time to buy? whereas in the past year you could place as many buy orders as you could before the Bitcoin price passed $20K like now and you can expect more increases this year so don't expect anything to the contrary again this year. Because I believe that in this year there will be more people expecting an increase in the price of Bitcoin than people expecting a decrease in the price of Bitcoin again.

[Nrcewker]

Bitcoin had a very promising recovery to take the market out of the $15k price range (the deepest bottom bitcoin dropped in 2022) earlier this year. I'm happy with this, of course we all hope for a bullish phase in bitcoin but I think market conditions are still affected and Crisis sentiment remains strong. If bitcoin price closes at $23k this month. That is definitely a strong signal to start a new cycle.

Everything depends on at what price BTC ends in January. If someone it can bear the resistance, and maintains a price point above 23k usd, then definitely in the next month we can see BTC at 35k usd. Yes we need to keep in mind that, no further crisis like FTx etc, should take place. Moreover the price of the coin can increase rapidly, if the demand increases across the masses to buy the coins. If the reverse occurs then there are high chances that the price will fall down. Let’s hope for the best.

[maydna]

The current bitcoin price situation can be confusing because today, the bitcoin price has gone up and down and doesn't move up or down too much, and it looks like the price looks sideways. Perhaps, we will continue to see the price like this until the end of the month, and probably in the next month, the price will start to rally again. But I don't know, that's just a temporary prediction while we also don't know for sure what will happen later. The important thing is to prepare your money. If you see the price is right for you, make a purchase.

I personally also feel the same way as you, today's market is quite confusing because if you look at the trend we are still in a bearish moment but lately bitcoin has increased quite significantly in the last two weeks, it's quite a dilemma for me even though I I've bought bitcoin before and been happy, but this month's hike I'm still wondering.
True, we won't know what the future will be like in Q1 2023, maybe in the next few days or weeks bitcoin will be in the sideway zone as you said before continuing the rally, I hope bitcoin can also touch the 200WMA level to make a bullish signal.

What's on my mind right now is to continue buying bitcoin at the current price or when the price drops again because I'm chasing and waiting for the next ATH price, which can happen at any time. I don't want it to be too late to get big profits again like in 2021 yesterday; this is why I'm not too worried about price movements, which are still the way they are now. And now, the bitcoin price is back at the $23k level, but we still don't know if the $23k price will continue to increase to a higher price or if it will go down again as we are already in the weekend where the market price usually corrects.

[MoonOfLife]

Don't say so, we never know the future of bitcoin, even tomorrow, bitcoin will go up or down, let alone predict for January or this year. If you bought bitcoins, then you would expect bitcoins to go up, but those who haven't bought bitcoins or keep buying, they are hoping bitcoins to keep going down. I expect bitcoin to decrease, not increase.

You expect a decline in Bitcoin just because you haven't had time to buy? whereas in the past year you could place as many buy orders as you could before the Bitcoin price passed $20K like now and you can expect more increases this year so don't expect anything to the contrary again this year. Because I believe that in this year there will be more people expecting an increase in the price of Bitcoin than people expecting a decrease in the price of Bitcoin again.

I bought a lot of bitcoin in 2022 but I still want to be greedy because I can afford to buy it, and I know that if bitcoin goes up from now on, we will never get another chance to see the price of bitcoin under 20k dollars. This is a financial market, and the more fierce it is, the more losers there will be, and there will be a chance for us to win. I am not fake enough to hope that all will be profitable, the government does not print money and give it to us for free, we are in the financial markets and there are always winners and losers. And the more people expect bitcoin to rise in price, the greater the possibility of bitcoin falling in price, bitcoin likes to go against the crowd.

[Inspiron14]

yes, I still believe that the price of Bitcoin can reach $ 100k in the next few years,  it's just that we certainly have to know how to trade right,
because the crypto market is currently still very volatile, even though the price of Bitcoin is still above $ 20k, of course the price could return turn around and be under $ 20k again,
yes analyze before buying and make sure you cut losses when the market is bad again.

[Kemarit]

Sooner or later we will going to hit a snag, so let's enjoy the current run that we have, $23,000 and counting after a lowest low of $15,000.

But still a long way to go for the bull run that we all expecting, huge run, it will have to happen after the halvening next year. And with this current spike, I'm seeing that $25,000 might be the big test if we can reach that maybe in February. And then the whole year, it could be the price is around $30,000-$40,000. Far stretch is $50,000, but who knows, maybe the bulls are going to continue pouring their money for this year in preparation for the expected run in 2024-2025.

[posi]

It is not possible to make an exact prediction in the short term, but people are expecting this pump to hit $25k before correcting and identifying a new trend. I just checked the bitcoin price, and it hit 23.4k, we should enjoy these moments before anything happens. Many people say we're done with the bear season, but I don't think so, I'm still very careful with what's going on in the market. It is hard to believe that a bull season is coming when we are over a year away from the halving.

[Alisha-k]

No one can say if the price of Bitcoin will continue to increase any time soon. All i can say the market just recovered a little. It just wise to remove your focus from the short term market uncertainty. The market will certainly rise in the future and which will benefit long term holders

[bestcoins1]

I bought a lot of bitcoin in 2022 but I still want to be greedy because I can afford to buy it, and I know that if bitcoin goes up from now on, we will never get another chance to see the price of bitcoin under 20k dollars. This is a financial market, and the more fierce it is, the more losers there will be, and there will be a chance for us to win.

Regardless of your greed for this, you can expect a bigger price increase after buying more Bitcoins in any year. Because I very rarely see people who have bought Bitcoin then expect a drop back in Bitcoin, and to me that is a very strange thing even though you have the ability to buy it and I have never doubted the ability of someone to buy more Bitcoin at any time just.

I am not fake enough to hope that all will be profitable, the government does not print money and give it to us for free, we are in the financial markets and there are always winners and losers. And the more people expect bitcoin to rise in price, the greater the possibility of bitcoin falling in price, bitcoin likes to go against the crowd.

The government in my country only gives a small amount of aid to the poor and that obviously won't be enough for a long time. This means that most governments in a country do not give money to their citizens for free, so this forces their citizens to keep working hard on what they are capable of doing, thus making some people greedy. But for the price of Bitcoin, only whales with big capital are able to drop the price in the market because I don't think that Bitcoin often fights many people for the price. After all, this is also not a football match that looks easy to predict.

[palle11]

No one can say if the price of Bitcoin will continue to increase any time soon. All i can say the market just recovered a little. It just wise to remove your focus from the short term market uncertainty. The market will certainly rise in the future and which will benefit long term holders

This is like what happened during the covid-19 pandemic year in 2020 around February during the bear season that bitcoin started to increase. At this time it was so doubtful that bitcoin was going to increase despite the hard effect of the time caused by social distancing, closing of businesses and quarantine of people all around the world. But this never affected bitcoin price rather it went higher. Now it is another uncertainty happening with speculation of price but I think it may come out taking much people unaware to the extent or direction of price before the next halving.

[fullhdpixel]

No one can say if the price of Bitcoin will continue to increase any time soon. All i can say the market just recovered a little. It just wise to remove your focus from the short term market uncertainty. The market will certainly rise in the future and which will benefit long term holders

If for now, then I think yes it can increase because that is what the chart is showing but if on latter stages then I don't know what can happen. Maybe another correction will occur before it continues to reach a new level. There is no permanent increase because the price of Bitcoin is volatile. There are cryptos who promised like that but they are only a scam so let's be careful about them.

The market of cryptos are uncertain, so it's normal for people to feel worried but as long as these worries won't escalate and ended up on doing the bad moves then that was still fine. We should recover and come back again from being positive as this is the only key to earn big profits.