Bitcoin 2023, Bullish or Bearish?

[Unbunplease]

I am bullish until May 2023. The end of spring and summer traditionally brings negative news. So personally, I will be very cautious with trading strategies starting in mid-April 2023. And what will happen in the fall of 2023, it is hard to say.

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[BitcoinPanther]

Like the title says, this year 2023, are you bullish or bearish on bitcoin and why? I would love to hear why. I personally believe this is a bear market rally or something similar. 

I am always bullish on Bitcoin no matter if it is a bearish or a bullish market.  I am looking at Bitcoin in a long term and not just a month or a year or even a 4-year cycle.  I am looking at the future of Bitcoin 10 to 20 years from now and I believe Bitcoin will not disappoint those who are looking forward to its great market achievements.

If you are asking about the trend of 2023, I am still thinking that the year 2023 is the year of transitioning so we can possibly see some ups and downs and even a long sideway movement of the Bitcoin market.  I believe the true bull run will happen on 2024.

[Why you bully me]

I am bullish until May 2023. The end of spring and summer traditionally brings negative news. So personally, I will be very cautious with trading strategies starting in mid-April 2023. And what will happen in the fall of 2023, it is hard to say.

If this is the case, I guess it would be good to wait until after may for the big potential downtrend.  I get my paychecks near June so it would be good for me.

[sana54210]

Bullish or bearish at this time does not really matter to those of us who are still eager to collect as much Bitcoin as possible before the new ATH comes.
Believe me that everyone who has faith in Bitcoin is still eager to buy before ATH so that wherever the direction of the chart moves is not really something that makes people think about whether this situation is bullish or bearish on the current market situation because in the end what is wanted is profit.

In conclusion, buy and be patient if you want to make a profit. It may take up to 2 or 3 years. 2023 the market is in a good mood.

Maybe to you it doesn't really matter but for some a bear or a bull can matter a lot. Some of us wants a bear because they want to buy more coins at cheaper. Usually, they are the ones who have a lesser budget for those guys with bigger pockets, they can just do a DCA at a certain time. Some of us also wants a bullish market this year so that they can sell some for profits as they will be needing a money this year.

Those who came in recently are lucky because their waiting time for the bull run are going to be cut off. Usually, we can wait 2 or 3 years for it to come but now it's expected to come in 2024 and of course that won't be possible if not because of the halving event.

[ancafe]

If you look at the title that you made, then I can conclude that you have confidence that bitcoin in 2023 will be bullish, because there is an affirmation regarding the conclusion of the year that you made, the recovery process that took place this year with a difference last year?

Like the title says, this year 2023, are you bullish or bearish on bitcoin and why? I would love to hear why.

First I want to say this, without bullish happening this year you have to start buying and saving bitcoin, because as is the correlation between the four years and the process of achieving the next ATH. If you can count the previous four years running, it means that next year is on the way to ATH and this is the reason you should buy and hold bitcoins any time, even in bearish conditions.

Secondly I would like to say about maintaining value, bitcoin is the best asset today and has been concluded with evidence as an asset capable of maintaining value, even in times of economic turmoil caused by recession and inflation in relation to the previous four year cycle.

I personally believe this is a bear market rally or something similar. 

There is no need for reasons for people who already understand the concept of bitcoin, but most importantly they understand the risks and fluctuations in prices, the rest of the decisions can be made based on individual knowledge.

[Lida93]

Like the title says, this year 2023, are you bullish or bearish on bitcoin and why? I would love to hear why. I personally believe this is a bear market rally or something similar. 

We are still in the bear market despite the few moves in the past weeks from 17k to 23k this 2023,  although I am looking forward for a bullish market to upturned but that won't just happened immediately it could be towards the end of 2023, right now we can observe some price consolidate for tew days now between 21k-23k which it's possible it could drop down for a retest before rising a bit more to around 30k at most by the half of the year 2023.
The bull is close but not just yet insight.

[coolcoinz]

I'm bullish. The recent breakout was a show of strength by bitcoin. IMO we are past the worst point of the bear market and the bear market should've ended above 20k. It would've happened if not for the Scam Bankster Fraud and his scheme which was a black swan event a bit like the covid crash of 2020.
We may go sideways from here, we may go up, it doesn't matter because I'm not a short-term investor. What I'm sure is that we're only a year from the halving and the closer we get the more confidence we'll see in bitcoin investors. I expect us to stay above 20k from here and eventually move towards 30k later this year.

[Pejoh Asu]

I am bullish until May 2023. The end of spring and summer traditionally brings negative news. So personally, I will be very cautious with trading strategies starting in mid-April 2023. And what will happen in the fall of 2023, it is hard to say.

It could be said that the beginning of the year determines whether the market will be bull or bear, this often happens because bitcoin trends are usually easy to predict, and at the beginning of the year the market has gone up by more than 40% and makes us reasonable to believe that this year the market will rise, even me sure the market in 2023 can approach the ATH that has happened in 2021.

[bounceback]

I am bullish until May 2023. The end of spring and summer traditionally brings negative news. So personally, I will be very cautious with trading strategies starting in mid-April 2023. And what will happen in the fall of 2023, it is hard to say.

It could be said that the beginning of the year determines whether the market will be bull or bear, this often happens because bitcoin trends are usually easy to predict, and at the beginning of the year the market has gone up by more than 40% and makes us reasonable to believe that this year the market will rise, even me sure the market in 2023 can approach the ATH that has happened in 2021.

Today the bitcoin price has experienced a slight correction again, bringing the price down to the $21.8k area after successfully reaching a high of $24k earlier this month, given the current market conditions it will be very difficult to determine whether this is the start of a bull market or a sign of a bear market. will continue because if the recent correction takes bitcoin price past $20k we will likely see further declines through the end of the month as $20k is the strongest area of ​​support for bitcoin there is no sure way to tell where the market is going and sometimes trend action past prices do not repeat themselves in the future.

[Sayeds56]

We are still in the bear market despite the few moves in the past weeks from 17k to 23k this 2023,  although I am looking forward for a bullish market to upturned

Predicting market trend with certainty based on technical indicators is a challenging task as it involves science of probability. However generally if Bitcoin is trading above its 200 days simple moving average , currently at 19,700, is considered as bullish trend but it should not be seen in isolation and should be confirmed with multiple indicators. Additionally, current low trading volumes indicate that investors are sitting on side lines and waiting for any good news to take entry.

I think overall  crypto market is likely to perform better in 2023, as money tightening policy of FED will not be so harsh as it was in previous year.

[Minecache]

I am bullish until May 2023. The end of spring and summer traditionally brings negative news. So personally, I will be very cautious with trading strategies starting in mid-April 2023. And what will happen in the fall of 2023, it is hard to say.

I agree with you, I also think the bitcoin bull run will last until the end of March or April, that means we still have 1 or 2 bullish waves like what happened in January. I predict bitcoin will probably hit $35k-$40k in the next 2 rallies before bitcoin corrects sharply again. So bitcoin is correcting, I see it as an opportunity rather than panic, if bitcoin can drop to $20k and then rise again, those who know how to hold this is the next big opportunity to make a profit this year.

[bestcoins1]

It could be said that the beginning of the year determines whether the market will be bull or bear, this often happens because bitcoin trends are usually easy to predict, and at the beginning of the year the market has gone up by more than 40% and makes us reasonable to believe that this year the market will rise, even me sure the market in 2023 can approach the ATH that has happened in 2021.

Bitcoin trends are not so easy to predict, because if you can easily predict Bitcoin trends, it will be easier for you to get rich through the crypto space. Mainly through Bitcoin, but you won't even know when Bitcoin will fall back or increase again in the future and this indicates that the Bitcoin trend is not easy for anyone to predict.

The increase in the Bitcoin price that you saw at the beginning of this year is a very reasonable thing and is still very small when measured by the ATH that Bitcoin has achieved in 2021. So it looks like it will be a little hard for Bitcoin to increase close to ATH this year

[michellee]

This year I am still bullish on bitcoin, even though the price is currently at the lowest level. But if it's time for bitcoin to start rising again, the price will surely gain a rally and start increasing like before.

After the bitcoin price dropped to $15k yesterday, I feel that it's time for the bitcoin price to increase and even if it's not that significant, it's okay because bitcoin still has time to get rally. Well, maybe it's still bearish at the moment as the price hasn't been able to go higher above $30k but it will happen soon. We have to wait for the moment to come, enjoy the process, prepare ourselves, and finally, we can see the price increase and sell bitcoin at that high price.

[LogitechMouse]

Like the title says, this year 2023, are you bullish or bearish on bitcoin and why? I would love to hear why. I personally believe this is a bear market rally or something similar. 

More of a sideways.

If the 4-year cycle will happen again, 2023 might be the same as 2019. Back in 2019, Bitcoin went down to as low as $3400, but recovered to as high as $10,000. Now 2023, Bitcoin already recovered from $17,000 to as high as $24,000. I will still stick to my prediction last year that Bitcoin will move sideways to a price range of $17,000-$25,000.

I believe that this year is still a good year for long term holders like me to accumulate more Bitcoins for the upcoming bull run. Still, anything can happen with the market. We might see Bitcoin go higher than $25,000 and stay there for a long time, but there is also a chance that it might go lower than $17,000, and stay there for a long time. What's good is that, 2023 will be a better year than 2022 with regards to the markets...or is it?

[Why you bully me]

Like the title says, this year 2023, are you bullish or bearish on bitcoin and why? I would love to hear why. I personally believe this is a bear market rally or something similar. 

More of a sideways.

If the 4-year cycle will happen again, 2023 might be the same as 2019. Back in 2019, Bitcoin went down to as low as $3400, but recovered to as high as $10,000. Now 2023, Bitcoin already recovered from $17,000 to as high as $24,000. I will still stick to my prediction last year that Bitcoin will move sideways to a price range of $17,000-$25,000.

I believe that this year is still a good year for long term holders like me to accumulate more Bitcoins for the upcoming bull run. Still, anything can happen with the market. We might see Bitcoin go higher than $25,000 and stay there for a long time, but there is also a chance that it might go lower than $17,000, and stay there for a long time. What's good is that, 2023 will be a better year than 2022 with regards to the markets...or is it?

 

[aoluain]

This year I am still bullish on bitcoin, even though the price is currently at the lowest level. But if it's time for bitcoin to start rising again, the price will surely gain a rally and start increasing like before.

Traditionally the market has shown some bullish sighs on the lead up to the halving.
See the chart from this article from >
https://dailyhodl.com/2022/10/31/crypto-analyst-says-bitcoin-could-triple-in-price-to-63000-before-next-btc-halving/

we can see the market rises ^overall in the year before the 1st and 2nd halving. The
last halving shows overall sideways movement of the market with some volatility, I recon this year
will be the same but overal Bullish.



Every cycle brings a new set of market challenges, this year its War and Inflation which will play their
part in the lead up to the halving of next year.

Me? I'm always Bullish.

[GeorgeJohn]

Like the title says, this year 2023, are you bullish or bearish on bitcoin and why? I would love to hear why. I personally believe this is a bear market rally or something similar. 

This question can be answered base on the market stage monthly, because right now we can't come to conclusion that the market is on bearish neither bullish due to the regulations of the market, i will classified the market as spherical kind of shape in market or baseless kind of market system. So i believe that the market have no base for no and it's in between bearish and little regained of increment from my point of view.

[sana54210]

Like the title says, this year 2023, are you bullish or bearish on bitcoin and why? I would love to hear why. I personally believe this is a bear market rally or something similar. 

Depends on what you mean by bullish , some people ask if we are in bull run, and mean that just like what happened in the previous ones, will we go up insanely high, like 100k+ or something. If you mean that, we may not be in that yet, it could be some time before we could see 100k and this may not be the one.

However, if you mean bull run as in "will we continue to go up" then in that case I would say it's true, I don't know how much higher we will go, but I know that we are in a good situation right now and will continue to go up. That is why it's so important and that is why it's really a good thing that we are in a bull period, all the times we bought when it was done will come back as profit now.

[GeorgeJohn]

I am bullish until May 2023. The end of spring and summer traditionally brings negative news. So personally, I will be very cautious with trading strategies starting in mid-April 2023. And what will happen in the fall of 2023, it is hard to say.

Bullish of this period never be noted or something someone can be boast of, when bullish come it affects any other cryptocurrency and every other coin will be with green, so right now i will say that we are just experiencing the light of bullish, besides the market is not moving positively since it started to experiencing a little uplift.

[STT]

This year is bullish because we dont reach the negative conclusion many had feared while selling.   Alot of people who might have sold in the 20k prices may have watched BTC go into the teens and carried on waiting for it to go lower.   To prove the most negative outcomes incorrect is sometimes bullish in of itself.   
   Even if we end this year not more then 5k further in price then where we are now, holding your ground finding a foothold is a position of strength and growth to climb in future.  Hence I do label even sideways in effect a bullish kind of revision and consolidation, partly because I've seen it before and I try not to repeat mistakes and misapprehension.