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Author Topic: Bitcoin 2023, Bullish or Bearish?  (Read 1428 times)
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April 12, 2023, 03:56:32 PM
 #161

Bitcoin price is unpredictable,to predict price of bitcoin is very challenging, nobody can predict the price of bitcoin, bullish or bearish,remember the price always fall and rise no one can predict the position of Bitcoin.so the best thing to do is to prepare for both, when the bear market comes you take, and when the bull comes you take the advantage of the bull market.,The current price of bitcoin is just a form of the ATH of the moment, I don't know maybe 2023 ATH will pass 2021, or I don't know if the next bull run won't break the last ATH? no body can predict what will happen next, bitcoin price, the price is moving from $28k-$27, $27k-$28k. Always stand firm on it, and know how to control our greed and panic as we go through this cycle.
What you are saying that is actually right, that bitcoin prediction is not that easy to work. But if we do some technical analysis then we can at least assume that this year at least the market will not run in a bearish trend Although nothing can be said with a hundred percent guarantee, no one can be 100% sure about market conditions. But this year I don't think any new ATH will be created, we are looking at the performance of Bitcoin in q1 well let's see what happens next, although I think the market will continue to turn back in 2023 and maybe in 2024 or 2025 we will touch a new all time high.


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April 12, 2023, 06:38:45 PM
 #162

Bitcoin price is unpredictable,to predict price of bitcoin is very challenging, nobody can predict the price of bitcoin, bullish or bearish,remember the price always fall and rise no one can predict the position of Bitcoin.so the best thing to do is to prepare for both, when the bear market comes you take, and when the bull comes you take the advantage of the bull market.,The current price of bitcoin is just a form of the ATH of the moment, I don't know maybe 2023 ATH will pass 2021, or I don't know if the next bull run won't break the last ATH? no body can predict what will happen next, bitcoin price, the price is moving from $28k-$27, $27k-$28k. Always stand firm on it, and know how to control our greed and panic as we go through this cycle.
We have charts and there are tools to make the technical analysis more precise. We can also based on other factors like the news and economic happenings. This aids people to predict. We begin the year with so much positivity. The price rise and then there are good news around the corner. This made people think that 2023 is going to be a bullish year for Bitcoin.

We don't know yet if there will be a new ATH this year because being in a bull run doesn't mean that a new ATH will be created but if we fail to create it this year, I am sure we will get it by next year and onwards. Have you checked the price now? BTC successfully get out on the price range that you mentioned. It was now over $30k. This is great.

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April 13, 2023, 02:09:23 AM
 #163

The beginning of 2023 was not very good news for the market. However, the market has changed a lot in the past few days, especially the price of Bitcoin, where it fell more, has now leveled off. If you look at the market, it can be seen that there has been a major change in the market in March and April 2023. A bear market that has turned into a bit of a bull market is truly a joy for Bitcoin investors. But I think Bitcoin price will peak by the end of 2023. 2021 Bitcoin price is expected to increase at a higher rate than it did.

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April 13, 2023, 03:46:14 AM
 #164

The beginning of 2023 was not very good news for the market. However, the market has changed a lot in the past few days, especially the price of Bitcoin, where it fell more, has now leveled off. If you look at the market, it can be seen that there has been a major change in the market in March and April 2023. A bear market that has turned into a bit of a bull market is truly a joy for Bitcoin investors. But I think Bitcoin price will peak by the end of 2023. 2021 Bitcoin price is expected to increase at a higher rate than it did.

What do you mean? January we have 40%+ increased already, February and March is also good month for us. It's not that we just have a sudden uptick in the price of bitcoin or the whole crypto. We have been trading sideways this April and we thought that the bullish sentiment is gone or the bulls have been exhausted. But this week, the price goes above $30k so continuing the bullishness of the market.

We might see the price going higher this year, maybe around $50k or higher. But I don't see a new all time high yet.

But in any case, everyone should be happy at the rate of the price going up this year.

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April 13, 2023, 06:50:54 PM
 #165

The beginning of 2023 was not very good news for the market. However, the market has changed a lot in the past few days, especially the price of Bitcoin, where it fell more, has now leveled off. If you look at the market, it can be seen that there has been a major change in the market in March and April 2023.

It's still not half a year from 2023, we are still in the third of 2023, even though from the beginning of the year we have been in a small bull market, and this does not mean that a bull market will arrive. maybe last March and April we were hit with a small bull market and of course this would not have the potential that this year there would be a high bullish market. this is a market anything can happen and especially no one can predict what will happen next. Bitcoin journey in this year is still very long.
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April 13, 2023, 06:56:09 PM
 #166

The beginning of 2023 was not very good news for the market. However, the market has changed a lot in the past few days, especially the price of Bitcoin, where it fell more, has now leveled off. If you look at the market, it can be seen that there has been a major change in the market in March and April 2023. A bear market that has turned into a bit of a bull market is truly a joy for Bitcoin investors. But I think Bitcoin price will peak by the end of 2023. 2021 Bitcoin price is expected to increase at a higher rate than it did.

What do you mean? January we have 40%+ increased already, February and March is also good month for us. It's not that we just have a sudden uptick in the price of bitcoin or the whole crypto. We have been trading sideways this April and we thought that the bullish sentiment is gone or the bulls have been exhausted. But this week, the price goes above $30k so continuing the bullishness of the market.

We might see the price going higher this year, maybe around $50k or higher. But I don't see a new all time high yet.

But in any case, everyone should be happy at the rate of the price going up this year.
The market is quite bullish through the year. Compared to the price on January today we've reached big growth. During the start of January price of bitcoin was around $17k and today it have crossed $30500. This means the price is bullish and market is in good position. I don't see the price to reach $50k sooner this year. Even if the price reach $50k or higher, we can expect the price to drop gradually towards the price point from which the growth bagan.

I'm stating this based on the halving scheduled for the coming year. When the price is at higher price, surely the price to reach new heights gonna be difficult and chances were low. For this reason, beyond certain point the bullish move would turn bearish.

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April 13, 2023, 08:29:04 PM
 #167

bitcoin price in 2023 will look like bullish but not really bullish because a real bullish will most likely be in 2024. I mean the price of bitcoin in 2023 tends to rise, a kind of long-term positive trend that makes the price of bitcoin slowly increase but not increase significantly like in 2021.

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April 14, 2023, 11:06:35 AM
 #168

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.  Kiss Kiss Kiss Cheesy Cheesy Cheesy

If you're unsure if it's likely to go lower "bearish" or higher "bullish", then we are more inclined to be at a consolidation. Find the most recent swing from the highest high and the lowest low, tendencies are we are at the middle of that range. When price is at the middle, it builds liquidity for both sides of the market until it creates excitement to push it higher.

The thing is, if price remain stagnant, or build within the framework of unclear between hope and fear. Remain on the sideline. Wait for the true movement and then engage. Use those times to analyze and plan your trades and investments. There's no need to worry about, BTC is only up when the market conditions comes right and inlined.

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April 14, 2023, 11:13:25 AM
 #169

bitcoin price in 2023 will look like bullish but not really bullish because a real bullish will most likely be in 2024. I mean the price of bitcoin in 2023 tends to rise, a kind of long-term positive trend that makes the price of bitcoin slowly increase but not increase significantly like in 2021.

More likely we can call it recovery year, because in 2022, it was worse, we reach two all time lows in $17,500 and then $15,500 due to the FTX collapse. But as we have seen, January was very green and it was a good start for us.

Now, in after 8 months we finally see that $30k and still going up and may touch $31k at least for this month. And then we will see how it will grow as the prediction is likely $32k. So short term we are bullish in this 1st quarter. And everyone seems to be very happy on the current price movement, greed index is at 68% right now.

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April 22, 2023, 05:18:43 AM
 #170

Bitcoin price is unpredictable,to predict price of bitcoin is very challenging, nobody can predict the price of bitcoin, bullish or bearish,remember the price always fall and rise no one can predict the position of Bitcoin.so the best thing to do is to prepare for both, when the bear market comes you take, and when the bull comes you take the advantage of the bull market.,The current price of bitcoin is just a form of the ATH of the moment, I don't know maybe 2023 ATH will pass 2021, or I don't know if the next bull run won't break the last ATH? no body can predict what will happen next, bitcoin price, the price is moving from $28k-$27, $27k-$28k. Always stand firm on it, and know how to control our greed and panic as we go through this cycle.

You are absolutely right that Bitcoin is very volatile and unpredictable currency, and it is very challenging to predict its price, if not impossible. In my opinion the current market situation with  market undergoing minor correction presents opportunity to accumulate more Bitcoin for long term investors.This correction is not likely to prolong, because  as market fundamentals remain strong as people continue to lose confidence in fiat currencies. This makes Bitcoin an increasingly attractive alternative currency. Consequently, it is reasonable to expect that Bitcoin will perform well in remaining part of 2023.









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April 22, 2023, 02:51:59 PM
 #171

It is difficult to predict what will happen throughout 2023 regarding the bitcoin price. However, it would be better if we could take advantage of the current downward price momentum to buy and then hold in the long term to sell without having to always look at market conditions.
After buying and then holding it in the long term does not mean that you have to forget about the market by not monitoring it anymore even though what you bought is to be stored in the long term. Because there are also many opportunities that are missed by many people when they don't often monitor the market or forget about the market after buying, even though monitoring the market is part of an important task when someone already owns a valuable asset like Bitcoin.
Of course you shouldn't just forget about the market after buying bitcoin and holding it in the long term, but don't monitor here, the point is not too often because people can have psychological effects if you monitor the market too often, especially if you can't manage your emotions well when you see market conditions are going on in a bearish phase.

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April 22, 2023, 06:59:13 PM
 #172


Of course you shouldn't just forget about the market after buying bitcoin and holding it in the long term, but don't monitor here, the point is not too often because people can have psychological effects if you monitor the market too often, especially if you can't manage your emotions well when you see market conditions are going on in a bearish phase.

You made a valid point that watching the market on daily basis can lead to selling  temptation to book small profits that means missing the opportunity to make significant profit in the long term. The ability to control emotions is necessary when it comes to investment or trading. Never allow your emotions to dictate your trading decision as it can cause losses. Therefore, mastering emotional control is crucial for success in in investment and trading.









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April 30, 2023, 01:49:29 PM
 #173

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.  Kiss Kiss Kiss Cheesy Cheesy Cheesy
No one can predict the next movement of Bitcoin because of Thier volatility in price. But recent unexpected ancident in crypto space of Luna coin bleed and FtX collapse really damage the structure of crypto which has seen in shape of drope in Bitcoin price, as a result fear create in market and most of investor took out Thier funds, so in my mind this entire year Bitcoin will be in consoledation zone in order to gain the trust of investor again. After halving in 2024 may be we can see a rise in Bitcoin ..

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May 05, 2023, 06:30:17 AM
 #174

bitcoin price in 2023 will look like bullish but not really bullish because a real bullish will most likely be in 2024. I mean the price of bitcoin in 2023 tends to rise, a kind of long-term positive trend that makes the price of bitcoin slowly increase but not increase significantly like in 2021.
I think what you said is very true, friend, that the trend is increasing but not significant. Next year it is clear that we will enter a bull market because we will enter the halving era. where each halving period there will be a gradual increase until next year to achieve renewable ATH.
even the possibility of ATH will be greater than when it reaches in 2021, this is an opportunity to continue to buy and hold on.

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May 05, 2023, 01:05:25 PM
 #175

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.
Maybe we can go back and review a bit of Bitcoin development and speculation from year to year, to be precise before the halving and after the halving occurs once every four years, where in certain situations and years Bitcoin has decreased in price, increased and remained in its current position.

What I want to say is that in 2023, if I speculate this is a buying step for bitcoin in the future, I believe that currently the Bitcoin market is showing a bear market and will head to a bull market, it is based on my speculation, what is clear here is that we have different speculations and understandings, certainly different opinions about Bitcoin now and in the future.

R


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May 05, 2023, 02:02:45 PM
 #176

bitcoin price in 2023 will look like bullish but not really bullish because a real bullish will most likely be in 2024. I mean the price of bitcoin in 2023 tends to rise, a kind of long-term positive trend that makes the price of bitcoin slowly increase but not increase significantly like in 2021.
I think what you said is very true, friend, that the trend is increasing but not significant. Next year it is clear that we will enter a bull market because we will enter the halving era. where each halving period there will be a gradual increase until next year to achieve renewable ATH.
even the possibility of ATH will be greater than when it reaches in 2021, this is an opportunity to continue to buy and hold on.

More precisely, 2023 is the year we are slowly recovering from a difficult 2022. But saying that in 2024 we will enter the bull season, that is not entirely true. The block reward halving will take place in April/May 2024, but history has always shown that bulls will actually appear a year after the halving. The bulls don't come immediately, so I predict 2025 will be the year we enter the official bull season. And most likely ATH will also be created in Q4 2025.

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May 05, 2023, 02:18:03 PM
 #177

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.  Kiss Kiss Kiss Cheesy Cheesy Cheesy
I think both are in this year. Bullish and bearish markets continue. Bullish and bearish are only weekly or monthly market changes. But the market is more optimistic towards bullish or bullrun.
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May 05, 2023, 04:10:15 PM
 #178

bitcoin price in 2023 will look like bullish but not really bullish because a real bullish will most likely be in 2024. I mean the price of bitcoin in 2023 tends to rise, a kind of long-term positive trend that makes the price of bitcoin slowly increase but not increase significantly like in 2021.

it's not bullish, it means we are in a sideway position, a position where the price of Bitcoin tends to rise but cannot penetrate its support and resistance points. 2024 is predicted to be bullish, but no one can confirm this, because people only predict from history that has happened that after the halving process the price of Bitcoin will increase significantly, but there is also a possibility that it will not increase immediately after the halving, it could 6 months more or less.

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May 05, 2023, 05:01:12 PM
 #179

The beginning of 2023 was not very good news for the market. However, the market has changed a lot in the past few days, especially the price of Bitcoin, where it fell more, has now leveled off. If you look at the market, it can be seen that there has been a major change in the market in March and April 2023. A bear market that has turned into a bit of a bull market is truly a joy for Bitcoin investors. But I think Bitcoin price will peak by the end of 2023. 2021 Bitcoin price is expected to increase at a higher rate than it did.

You actually sounds like someone who is not aware of what happened during year 2022 to have said that the beginning of 2023 was a bad news, precisely January that got us a nice pump to the up side and to the extent it broke the level of FTX dump and since then the market has been having a very nice run up in the price of Bitcoin, 2023 to me has been a fantastic year so far for BTC when compared to previous year 2022.

R


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May 05, 2023, 05:16:29 PM
 #180

Crypto currency market always unpredictable, It is very difficult to say when market will Bullish and when will Bearidh. Although i think this year will combined. Now bitcoin price is 29500k and it increasing day by day. But i think Now bitcoin price will increase and last of this year Bitcoin price will down Again. So it is difficult to say crypto currency market will bulish or bearish.

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