Bitcoin current price

[Blisszi]

The bearing price of bitcoin has deflected to $23,000. From the analysis it will still go down more but never the less there is hope.

In the 2011 bitcoin price bearing was more than now but bitcoin was able to pulled through, I believe this time is going to far more better than we have ever experience.

[mk4]

The trick is to never listen to those so-called "analysts" because no one knows crap what's going to happen. Not only is listening to "analysts" a huge waste of time, but you're likely to get inverse results.

[Edwardard]

In the 2011 bitcoin price bearing was more than now

Today's bitcoin is a lot more different than 2011's. Different exchanges, different traders, more institutions down the line (hence the strong correlation with spx), different bots set to move the prices, etc. You should never compare today's PA with even 2015 or 16 's PA.

Not only is listening to "analysts" a huge waste of time, but you're likely to get inverse results.

I got a trick here. Why not listen to these analysts and do the inverse to get straight results ? ;P
Jokes apart, I think its better to just have a few good sources (whether of analysts or not), to stay updated about the fundamentals and upcoming news which may be a catalyst for next price action. Nothing more than that!

[crypticj]

it will probably go down considering the economic crisis in the US but it's FINE. It will go up someday when rates will become lower and there will be more money that could be invested. But until then, no matter what is happening DCA is still the best strategy. Be safe, crypto bros.

[Cvetik56]

The trick is to never listen to those so-called "analysts" because no one knows crap what's going to happen. Not only is listening to "analysts" a huge waste of time, but you're likely to get inverse results.

Exactly. That took me some time to realize, but I'm glad I'm not wasting my time on it now, and I recommend that to all others. Everyone were screaming about $100K last year, but we all know how it ended.

[Nrcewker]

The bearing price of bitcoin has deflected to $23,000. From the analysis it will still go down more but never the less there is hope.

In the 2011 bitcoin price bearing was more than now but bitcoin was able to pulled through, I believe this time is going to far more better than we have ever experience.

Analysis are just predictions with some math and evidences. Every analysis doesn’t need to be made true. Yes I agree that Bitcoins were able to pull from more drastic situation, and yes this time it is meant for Bitcoins to rise. If we forget all the predictions and analysis and just focus on the facts, then definitely we will see that Bitcoins will rise very soon. The reason is very simple. Bitcoins are limited in number, so when the time will pass, it will make Bitcoins more valuable and hence in order to maintain the demand, the price will go up. In the meantime, we need to just wait and be patient.

[mk4]

Exactly. That took me some time to realize, but I'm glad I'm not wasting my time on it now, and I recommend that to all others. Everyone were screaming about $100K last year, but we all know how it ended.

There will always be "analysts" that will be screaming bull, and there will always be "analysts" that will be screaming bear. And while some will be right, it's pretty much a 50-50 bet in the end. I could almost guarantee that not one of them will be able to predict things consistently in a longer time frame.

[pooya87]

From the analysis it will still go down more but never the less there is hope.

A couple of weeks ago the same "analysis" was saying that "price will go down to below $10k" after which price broke the $20k resistance and started rising. That should be enough evidence for anybody new to not pay attention to them.

it will probably go down considering the economic crisis in the US but it's FINE.

That's true, the risk is still there and we are even seeing the sell pressure that is being placed on the market. But I don't think that much "steam" is left in sellers to be able to cause any kind of big drop regardless of how things get in the economy (in US or elsewhere like EU).

[Iroh]

There have been different predictions and analysis done from so called analysts and they’ve turned out wrong most of the time. I think we shouldn’t let anyone’s analysis or predictions affect our judgement as we’ve seen lots of predictions over the years come to naught.
There would always be different opinions on the price and value of bitcoin and we shouldn’t let people’s opinions sway us into doing something we would regret later on.
I personally think bitcoin, this year would although slowly, continue to rise and grow on pass the price it’s currently at.

[CryptSafe]

If you do your research properly, you would find out that lots of analyst did their own analysis for themselves not me and what happened, all they have  said about bitcoin were null and void and holds no water with bitcoin doing much better than their analysis. What I would advise you is that not all analysis are likely correct. Follow your personal judgement and make sure you have done your market research before you conclude on your actions so as not to make the wrong move. In as much as Crypto market is still in existence, there would definitely be price analysis from different analyst and I asked myself this question if they that claim to be good Crypto market analyst,  why is their price prediction not inline with each other, why some predict high and some predict low, their variation in prices will tell you that they have no autonomy as to good price analysis.  Do not be led by their analysis to put you of track.

[cryptoaddictchie]

Dont follow those saying bad or even good about bitcoin price. Those big wallets on chain are the one on the lead and some of them are not vocal and only moves decentralized which dont announce whether they are planning to wreck the market or not. You need to be watchful on these big wallets do and from what Ive saw, they are just accumulating quietly. Its just meant to say they are gonna stay and even grab more at lower price.  Its sounf reassuring inspite of dirty news weve always hearing about ftx and other fud out there.

[franky1]

mega lesson here
when you see someone just presenting a market chart. and all you see is that they drew a line on the chart.

they are not (TA) technical analysts
that are (ta) trend anals

unless they are gathering data of world costs to acquire bitcoin via the wholesale market (mining, otc) .. they cannot even fathom the scope and landscape of the limits of market sentiment to which a spot market plays within

the landscape of bitcoin is a known plot of land, you can learn the edges and the limits the bulls and bears can run within.

you cannot predict when a bear will run down a hill or when a bull will run up a hill. but you can find the limits of the plot of land they will move around within

trend anals do not talk about this. thus they have less data to then even speculate the movement patterns of bears and bulls

[marlo1001]

no one knows crap what's going to happen.

That's the point, all these analitics is shit, no one can predict btc price even 1 week from now

[Popkon6]

The bearing price of bitcoin has deflected to $23,000. From the analysis it will still go down more but never the less there is hope.

In the 2011 bitcoin price bearing was more than now but bitcoin was able to pulled through, I believe this time is going to far more better than we have ever experience.

Bitcoin market currently stands at $21825.  It's normal for the Bitcoin market to be lower or higher because the market is a bit bearish at the moment.
Now people don't want to store their money anywhere other than gold that's why the bitcoin market is a bit slow because now the gold market is high.  When people start investing in Bitcoin again, the Bitcoin market will move towards high speed again.

[LogitechMouse]

The bearing price of bitcoin has deflected to $23,000. From the analysis it will still go down more but never the less there is hope.

In the 2011 bitcoin price bearing was more than now but bitcoin was able to pulled through, I believe this time is going to far more better than we have ever experience.

Analysis are being done by analysts.
Analysts are often making wrong prediction.
In short, don't follow what they are saying. Don't even listen to them in general.

I don't personally listen to them because I don't want to. I don't know, but there might be a chance that many of them are being paid just to make this analysis or prediction to brainwash newbies. Analysis and prediction are just the same. They just changed the word to make it more formal, but in the end, they don't know what can happen to the market. Just don't listen to these analysts in media and I'll add those crypto Youtubers who are posting their predictions as well.

[Outhue]

If you see Bitcoin as real digital gold you won't care about the present market situation, why should you care about analysts' predictions? Most times they are always wrong, they called for 100,000$ BTC in 2021 and it never happens, do things away from the Analysts and start to make your own decision, this is the best way to build yourself and the way you think, many people failed to buy Bitcoin at 15,000$ because of these analysts, do not be a sitting duck.

[mk4]

Analysis are being done by analysts.
Analysts are often making wrong prediction.
In short, don't follow what they are saying. Don't even listen to them in general.

I don't personally listen to them because I don't want to. I don't know, but there might be a chance that many of them are being paid just to make this analysis or prediction to brainwash newbies. Analysis and prediction are just the same. They just changed the word to make it more formal, but in the end, they don't know what can happen to the market. Just don't listen to these analysts in media and I'll add those crypto Youtubers who are posting their predictions as well.

The fact is — 99% of those people aren't actual "analysts" in the first place. Most are just typical crypto influencers trying to capitalize off their followers one way or another (though mostly through pump and dumps).

[bmwister]

Bitcoin and other digital assets may rise in value if the global economy stabilizes and central banks start cutting rates. Against this backdrop, the value of cryptocurrencies may increase.

Given that 2023 is expected to be a period of total rate hikes by regulators, such trends are likely to be expected no earlier than the second half of the year, when investors will return to digital currencies. The low cost of crypto will force many investors to invest in coins, contributing to their growth.

Experts claim that it will take some time for crypto prices to recover. Previously, there were few professionals in the market. This contributed to sharp fluctuations and allowed large players to make money on the mistakes of less experienced cryptocurrency market participants. Currently, there are more professional players, volatility has decreased, and it takes longer for quotes to fall to significant levels. As a result, the recovery of quotes may be delayed.

However, I believe that listening to experts will only make things worse for yourself. We have no influence on the bitcoin rate. So all we can do is wait.

[TheUltraElite]

The bearing price of bitcoin has deflected to $23,000. From the analysis it will still go down more but never the less there is hope.

In the 2011 bitcoin price bearing was more than now but bitcoin was able to pulled through, I believe this time is going to far more better than we have ever experience.

I would say that it will go up, would that make any difference to the price? Not if I am owning a Twitter account with several jobless followers and I announce it there. Then all those braindeads would flock in to buy and raise the price and then I can sell my stash on them. This would get followed some some more users selling and thus cause a pump and dump. This is how the major analysts work.

We might not repeat 2011, we might see something completely new. But this is the time to wait because of the sideways movement, keep patience.

[Marvell1]

If you see Bitcoin as real digital gold you won't care about the present market situation, why should you care about analysts' predictions? Most times they are always wrong, they called for 100,000$ BTC in 2021 and it never happens, do things away from the Analysts and start to make your own decision, this is the best way to build yourself and the way you think, many people failed to buy Bitcoin at 15,000$ because of these analysts, do not be a sitting duck.

Bitcoin is digital gold or whatever, that doesn't matter, but if you're serious about investing in bitcoin and consider it a long-term investment, its price swinging a few percent won't be our concern. I see that people are too sensitive to the price of bitcoin, just a slight correction in bitcoin will make people rush to find the cause. Bitcoin's volatility is so normal, we can't expect bitcoin to go down forever or go up forever.

I believe there are no so-called experts in this market, they are just like us, it's all speculation, no one has a crystal ball to know about the future.

[tabas]

In the 2011 bitcoin price bearing was more than now but bitcoin was able to pulled through,

2011? That's 12 years from and obviously with inflation and financial ups and down, that means that price is better of the current time than of the past.

I believe this time is going to far more better than we have ever experience.

Yep, that's for sure. Next year is going to be the time where it might start. 2024 is when halving will happen and that's the most awaited event that every bitcoin investor is looking up to.

[maydna]

Bitcoin can get through it just fine. Even though the price has fallen below $23k and is already at $21k, it's okay because bitcoin still gives us hope to buy bitcoin at low prices. And even though we hear other people's analysss saying that the price could go down even more, we don't need to panic because that means we will get an even bigger discount in buying bitcoin.

But the analysis from other people will be speculation and it is not certain that it will happen, especially if the price can reverse direction and even increase high after this. That would prove what they say about bitcoin wrong.