Bitcoin Price, Where Next

[Minor Miner]

Predicting the future movement of Bitcoin prices is a complex challenge because it is influenced by many factors. Nonetheless, there are hopes for a price recovery and a period of bull run. Moreover, lately the price of bitcoin has started to increase where bitcoin has again reached above $30k.

Bitcoin miners buy bitcoins and hold them for a long time, then sell them and then think about the future. As bitcoin halving in 2024 indicates but currently it is 2023 and it is more likely that bitcoin price will peak at $45,000 to $50,000 this year. And in 2025 Bitcoin will surpass $100,000 because I have seen the price of Bitcoin double in the year following each halving. So now is the best time to mine bitcoins which many have kept away from.

I agree with you on predicting bitcoin to reach ATH in 2025 compared to many predicting that we will have a bull season in 2024 and a new ATH will be established next year. But expecting bitcoin to hit $50k this year is very hard and I don't think that will happen. I believe the remaining months of the year will be much gloomier than the first 6 months of the year. We have recovered quite well, and by no means will we be able to sustain it until the end of the year. Bear season is still there, so I would be more careful with the rest of the year than expect higher prices.

[Asuspawer09]

It has been clear that a lot of funds have to drag the price of Bitcoin to a low against previous months' Bitcoin price,  bitcoin started the year 2023 on a positive note after it recovered from a major market crisis before the FTX and the rest made the entire 2022 a negative price period and also made the price of Bitcoin and another asset to plumb greatly all through to 2023 before the current price of 26k+ which seems to be the lowest base the market liquidity can close on and at the current price.

So what next are we going to witness a low price movement or more recovery that will place us on the verge of a market break out against the next year's Bitcoin halving and anticipated bull run which can come before the halving or after the halving with both having the percentage possibilities.

Surely what is going to happen is the market is slowly going to recover from the bear market and will get a lot of momentum until the Bitcoin halving after the Bitcoin halving up to 2025 probably we can expect and anticipate a Bull market at that point, most of the time the market skyrocket every time the Bitcoin halving event happened around 365 days of the Bitcoin halving, so we can say that around 2024-2026 bull market could happen.

This is just the cycle of the market bear and bull market is always a possibility but checking the Bitcoin halving timeline we can see the evidence this is where we are going still there are a lot of factors that could easily affect the market price of bitcoin, its a volatile market price so at any moment we could easily expect a price drop just because of different circumstances like for example if world war 3 hits market cycle might get delayed on this projection on 2025. So the best thing is to get prepared and to position your holding so that at any moment you could easily be prepared to buy and sell Bitcoin, you could HODL for the long term and risk more if you buy and accumulate bitcoin early.

[Sebas.tian]

Based on the current moved of the Bitcoin price from the beginning of this year, showed that there will be more recovery that will make investors to celebrate because the price of Bitcoin is still between $30,000 and $31,121 which is a sign that bearish season is about to leave the market for bullish season to take place. I think, $60,000 is possible for investors to experience before the end of this year 2023, because what happened last year 2022 that made market price to remain low through out the year will not happen in this year. And it will be difficult for long term investors to regret for their patient of holding, because the Bitcoin price will definitely increase higher in a way both long term investors and short term investors will be happy.

[Davian144]

Predicting the future movement of Bitcoin prices is a complex challenge because it is influenced by many factors. Nonetheless, there are hopes for a price recovery and a period of bull run. Moreover, lately the price of bitcoin has started to increase where bitcoin has again reached above $30k.

Even though Bitcoin is currently above $30K, it still needs more encouragement from a number of other factors to get more interest from people who still haven't bought Bitcoin right now. The point is that the price can continue to be pushed up in every month before next year, even though it has to happen slowly. But that would still be better than having no improvement at all, so the push through more positive news is still very useful and much needed now in order to accelerate the price increase in the market.

[yohananaomi]

I think bitcoin breaking through $30k is proof that the market is in a positive trend and also a sign that the bullish are getting closer. a few days ago the price of bitcoin was in the range of $ 31k, although at the moment the price of bitcoin has fallen slightly it does not mean that the positive trend is over because ups and downs are very normal in the crypto market. in other words I believe that after this we will see more recovery because the big cases like FTX and SEC that hit the crypto market have now faded.

indeed the current trend is towards positive, but it is difficult to be able to say that it will enter a bullish market because it is too fast to be able to determine that. Overall, if it is withdrawn from the beginning of the year, there has been an increase but not too significant, so I think we will still have to wait until the end of this year to see if there will really be any movement.
the most important thing is that it's still time to buy and hold it because soon the era of the halving period will come.

[BITCOIN4X]

~Snip

indeed the current trend is towards positive, but it is difficult to be able to say that it will enter a bullish market because it is too fast to be able to determine that. Overall, if it is withdrawn from the beginning of the year, there has been an increase but not too significant, so I think we will still have to wait until the end of this year to see if there will really be any movement.
the most important thing is that it's still time to buy and hold it because soon the era of the halving period will come.

How can you say bitcoin's price hasn't gone up significantly when last January 1st it opened at $16.5K?
The bitcoin price has gone up over 90% since January 1st, so that is a very significant increase so far in my opinion. You can still expect the bitcoin price to be able to break through higher resistance and maybe touch $35k before August, but of course you have to be patient.

We have been in a recovery phase after a severe drop in the price of bitcoin throughout 2022, but of course at this point we can still expect some corrections before a big upside occurs.

[DaNNy001]

Based on the current moved of the Bitcoin price from the beginning of this year, showed that there will be more recovery that will make investors to celebrate because the price of Bitcoin is still between $30,000 and $31,121 which is a sign that bearish season is about to leave the market for bullish season to take place. I think, $60,000 is possible for investors to experience before the end of this year 2023, because what happened last year 2022 that made market price to remain low through out the year will not happen in this year. And it will be difficult for long term investors to regret for their patient of holding, because the Bitcoin price will definitely increase higher in a way both long term investors and short term investors will be happy.

How are you  sure that the price isn't going maintain its position of 30k to 31k market cap through out this year. This year has been a good year for bitcoin no doubt about that but I still like to think that its going to be hard for BTC to achieve a height of 60k this year looking at how the price has been gradually moving and plus the fact that we are now heading to a phase where BTC would probably maintain its stand and wait for the halving to pass before probably shooting up very high. So my speculation is that the price is probably going to be around 35k to 40k by the end of this year.

[jaberwock]

I think bitcoin breaking through $30k is proof that the market is in a positive trend and also a sign that the bullish are getting closer. a few days ago the price of bitcoin was in the range of $ 31k, although at the moment the price of bitcoin has fallen slightly it does not mean that the positive trend is over because ups and downs are very normal in the crypto market. in other words I believe that after this we will see more recovery because the big cases like FTX and SEC that hit the crypto market have now faded.

indeed the current trend is towards positive, but it is difficult to be able to say that it will enter a bullish market because it is too fast to be able to determine that. Overall, if it is withdrawn from the beginning of the year, there has been an increase but not too significant, so I think we will still have to wait until the end of this year to see if there will really be any movement.
the most important thing is that it's still time to buy and hold it because soon the era of the halving period will come.

Not too significant? Bitcoin price doubled since the start of the year, what do you mean it didn't went up too much? If this keeps up, with another double we are on verge of being at ATH price again, we literally just need increase same as what we had since start of the year in order to reach ATH.

I am not saying we are going to have another double on top of the double we had, but I am saying that to show how much increase we had, that's very important. I hope that it gets to a point where it will happen in the future, but right now I am quite happy with where the price is and where it's headed. I believe until the end of the year price will go higher, and next year it's going to be even higher as well before and after the halving.

[puloweh555]

Predicting the future movement of Bitcoin prices is a complex challenge because it is influenced by many factors. Nonetheless, there are hopes for a price recovery and a period of bull run. Moreover, lately the price of bitcoin has started to increase where bitcoin has again reached above $30k.

Even though Bitcoin is currently above $30K, it still needs more encouragement from a number of other factors to get more interest from people who still haven't bought Bitcoin right now. The point is that the price can continue to be pushed up in every month before next year, even though it has to happen slowly. But that would still be better than having no improvement at all, so the push through more positive news is still very useful and much needed now in order to accelerate the price increase in the market.

I started DCA when BTC was worth around $25k, Start small and will increase slightly over time. The plan is DCA and HODL until mid 2024, By then I should be able to accumulate a very large position in BTC. I highly doubt that the BTC price will ever return to the sub-$30k price as you said BTC will continue to increase every month even if it's a bit slow Because we are going to enter BTC in a 4 year cycle.

Applying the DCA concept is the most appropriate strategy because it is similar to saving. By Putting aside the same amount of money every week or month with analysis the bitcoin halving period is approaching. we should be able to see the bottom by now as BTC's four year cycle has been consistent for a decade.

[Wiwo]

It seems as if you have misconceptions about the world of DCA and what these terms stand for in our Bitcoin standing because from your comment and if I go by your analysis of when you started to DCA it then means you exchange your Bitcoin to USTD at Bitcoin price of 25k which by now you should be in lose because you will not be able to get the same value of bitcoin if you decide to open a position at this point.,
 
Correct me if I am wrong, but the truth is if you do not know how to properly DCA in the real sense it is better to leave your Bitcoin and continue to hold up until 2024 and beyond to see the reflection of the profits.

[KingsDen]

Now bitcoin price $30k+. Bitcoin price now stable $30k we saw from few days. We saw bitcoin price dumped from 2 years. It touched $15k and gradually it increasing. Still increasing and we think we in bull run session. So where bitcoin price will go it is difficult to say. But my thinking next Bitcoin's price stoppage is $50k. I believe it is not impossible, it is really possible. I think next Bitcoin's price stoppage $50k and then $100k. If all were ok i think within 2024 bitcoin price will hit $100k.

I opened my portfolio today and noticed some increment in my bitcoin holding, on checking the price I saw that bitcoin has exceeded 30k and even exceeded 31k. Although I don't know how far it went but around 2hrs ago I saw bitcoin price at about $31,760. This is a significant increase to the consolidating price of 30k.

The other day we were speculating about bitcoin next movement from the 30k range. Some persons said bitcoin might find 25k range from there but a few predicted an upwards movement. It was really obvious that bitcoin wanted to move but the direction of movement was what no  one was certain about.

[Baofeng]

Now bitcoin price $30k+. Bitcoin price now stable $30k we saw from few days. We saw bitcoin price dumped from 2 years. It touched $15k and gradually it increasing. Still increasing and we think we in bull run session. So where bitcoin price will go it is difficult to say. But my thinking next Bitcoin's price stoppage is $50k. I believe it is not impossible, it is really possible. I think next Bitcoin's price stoppage $50k and then $100k. If all were ok i think within 2024 bitcoin price will hit $100k.

I opened my portfolio today and noticed some increment in my bitcoin holding, on checking the price I saw that bitcoin has exceeded 30k and even exceeded 31k. Although I don't know how far it went but around 2hrs ago I saw bitcoin price at about $31,760. This is a significant increase to the consolidating price of 30k.

The other day we were speculating about bitcoin next movement from the 30k range. Some persons said bitcoin might find 25k range from there but a few predicted an upwards movement. It was really obvious that bitcoin wanted to move but the direction of movement was what no  one was certain about.

It's $31,200 just now, and yes most likely it went as high as $31,760 (but I didn't catch it). And with that the bullish momentum still continues, I think there is some good news in the altcoin market (Ripple labs winning against SEC), that might spill the effect on the market that's why we are over $31k right now.

And again, we just hope that it will maintain this price as it become the biggest mental barrier that we need to break. So this is a good indication that at least the market is again not going to be on a sideways patterns and maybe at the end of the month, we can see $32k.

[Lamkuthang]

Predicting the future movement of Bitcoin prices is a complex challenge because it is influenced by many factors. Nonetheless, there are hopes for a price recovery and a period of bull run. Moreover, lately the price of bitcoin has started to increase where bitcoin has again reached above $30k.

Even though Bitcoin is currently above $30K, it still needs more encouragement from a number of other factors to get more interest from people who still haven't bought Bitcoin right now. The point is that the price can continue to be pushed up in every month before next year, even though it has to happen slowly. But that would still be better than having no improvement at all, so the push through more positive news is still very useful and much needed now in order to accelerate the price increase in the market.

..and one more thing, don't forget the lack of sell-off by whales and large institutions and miners also have correlations and impacts that will hinder the speed of BTC price movements on the market and cause more skepticism for many HODL people. what is often said is. "just went up a little, yach, already slammed again"

[Ricardo11]

The price of Bitcoin is going to skyrocket after that. Because currently many think that there is a high probability of a big bull market in Bitcoin price, which will create the next ATH and it is likely to be around 100k to 120k. And this is what many bitcoin experts who are always trading bitcoins and investing in bitcoins also think. This bull market will likely occur between 2024 and 2025.

[Joshapat]

The price of $30k has been going on since March, but until now the market looks very difficult to go up, I think a big increase can occur if many big issues can be resolved properly, for example the lawsuit against Binance in the USA, the issue about Tether not having real money and so on .

[Pejoh Asu]

I don't think bitcoin's upside potential is not going to happen in the near future, it looks like the price is only between $29k and $30k, almost 6 month price can't get past the $30k level and I think the increase could happen at the end of the year because it's close to the halving day that will happen in the year 2024.

[boltz]

I don't think bitcoin's upside potential is not going to happen in the near future, it looks like the price is only between $29k and $30k, almost 6 month price can't get past the $30k level and I think the increase could happen at the end of the year because it's close to the halving day that will happen in the year 2024.

Bitcoin will find a way to go up in the future , I have no doubts about this but for now , Bitcoin price will stabilize around 30k$ but I don't see it going above it with a lot. However, when August is gone and summer cycle is over , we might see Bitcoin trying to push towards 35k and if it makes it until there , I have full confidence that we are going to transit into bull market and from there , all the markets should start to have an ascent movement.

[Wiwo]

I don't think bitcoin's upside potential is not going to happen in the near future, it looks like the price is only between $29k and $30k, almost 6 month price can't get past the $30k level and I think the increase could happen at the end of the year because it's close to the halving day that will happen in the year 2024.

Bitcoin will find a way to go up in the future , I have no doubts about this but for now , Bitcoin price will stabilize around 30k$ but I don't see it going above it with a lot. However, when August is gone and summer cycle is over , we might see Bitcoin trying to push towards 35k and if it makes it until there , I have full confidence that we are going to transit into bull market and from there , all the markets should start to have an ascent movement.

I accept this speculations because in the last few months, bitcoin have relied around that price region and 30k to 29k have become a stable benchmark for Bitcoin and this period have been one of the most stable Bitcoin price periods since the crisis that rocked the cryptocurrency market in 2022 and the 2023 bitcoin market recovery that brought us to this current Bitcoin price position.

That is the most suitable benchmark that can trigger an upfront price reaction in the future but I believe a large portion of the price increase will come through the Bitcoin halves when the block rewards will be reduced.

[flyingcarpet]

I don't think bitcoin's upside potential is not going to happen in the near future, it looks like the price is only between $29k and $30k, almost 6 month price can't get past the $30k level and I think the increase could happen at the end of the year because it's close to the halving day that will happen in the year 2024.

Bitcoin will find a way to go up in the future , I have no doubts about this but for now , Bitcoin price will stabilize around 30k$ but I don't see it going above it with a lot. However, when August is gone and summer cycle is over , we might see Bitcoin trying to push towards 35k and if it makes it until there , I have full confidence that we are going to transit into bull market and from there , all the markets should start to have an ascent movement.

I accept this speculations because in the last few months, bitcoin have relied around that price region and 30k to 29k have become a stable benchmark for Bitcoin and this period have been one of the most stable Bitcoin price periods since the crisis that rocked the cryptocurrency market in 2022 and the 2023 bitcoin market recovery that brought us to this current Bitcoin price position.

That is the most suitable benchmark that can trigger an upfront price reaction in the future but I believe a large portion of the price increase will come through the Bitcoin halves when the block rewards will be reduced.

The price has been fluctuating between 29k 30k for a long time. I don't know if it will continue like this until the end of the year, but I think the price must first fall in order for the price to rise. Because many people think that the price of Bitcoin will fall, and after going from 29k to 30k, it went down again. If the price of Bitcoin falls from these levels, it will start to rise again quickly, but first, the expectation of a decrease must be realized.

The halving will have a big impact on price predictions, but there is still uncertainty in terms of price. So getting a little closer to Halving will give us information about where the price will go.

[ScamViruS]

I don't think bitcoin's upside potential is not going to happen in the near future, it looks like the price is only between $29k and $30k, almost 6 month price can't get past the $30k level and I think the increase could happen at the end of the year because it's close to the halving day that will happen in the year 2024.

We always hope for everything to happen very quickly, but we don't want to think that actually it takes time to prepare. If we compare the price of Bitcoin since the end of last year, Bitcoin has performed quite well so far. It is true that the Bitcoin market is quite slow right now but the traditional market is also slow. We have seen in the past and continue to do so today that traditional markets have considerable influence over the Bitcoin market. I think Bitcoin will end the year with a strong bounceback.

Bitcoin is in this area of ​​29k to 30k since last few months, no one knows what is the reason, but maybe someone is accumulating big amount of bitcoin here and we are selling in frustration. Many are preparing for the next halving so keep an eye on the market, the unexpected may become expected.