Bitcoin - what are we expecting for the rest of 2023?

[South Park]

Well I think we are in for a bumpy ride for the rest of this year. And maybe even in the start of next year. But then when halving happens I think things will change for better. My best projections point to a huge rally and price recovery for late 2024.
I am really expecting to see big profits from historic highs after that point but you have to be patient. I think focusing too much on short term is a bad investment strategy. Bitcoin is here to stay and over a long enough timeline you always see it recover and then reach a new all time high.

2023 should be an accumulation year, it is true that this year has been way better than what many of us expected, especially if we take as a frame of reference the crypto winter we suffered after the collapse of 2018, however we must not forget that this is simply not the right time to expect some kind of impressive performance out of bitcoin, it is better to let it be and simply not put too much attention to its short term movements.

[1714703610]

1714703610

[Hamphser]

Well I think we are in for a bumpy ride for the rest of this year. And maybe even in the start of next year. But then when halving happens I think things will change for better. My best projections point to a huge rally and price recovery for late 2024.
I am really expecting to see big profits from historic highs after that point but you have to be patient. I think focusing too much on short term is a bad investment strategy. Bitcoin is here to stay and over a long enough timeline you always see it recover and then reach a new all time high.

Bumpy ride indeed and since we dont able to know on whats heading on us then it is really that hard to tell on whats next. Its true that before halving event then the market would really be preparing up for some
huge kick on of a green long candle but we dont know on when would actually happens. Rest of 2023 would really be the last chance of accumulating coins while its still cheap for this cycle because once
bull run would kick in then you would really be finding yourself get left behind again on the train.

Expect the unexpected as always because market is always been that volatile and unpredictable.There's no way on telling on where it would be heading or on where it would be ending up.
Important thing is that you do able to position yourself while the market price isnt really that still going up.So that you wouldnt really be finding yourself buying on the peak.

[posi]

Well I think we are in for a bumpy ride for the rest of this year. And maybe even in the start of next year. But then when halving happens I think things will change for better. My best projections point to a huge rally and price recovery for late 2024.
I am really expecting to see big profits from historic highs after that point but you have to be patient. I think focusing too much on short term is a bad investment strategy. Bitcoin is here to stay and over a long enough timeline you always see it recover and then reach a new all time high.

2023 should be an accumulation year, it is true that this year has been way better than what many of us expected, especially if we take as a frame of reference the crypto winter we suffered after the collapse of 2018, however we must not forget that this is simply not the right time to expect some kind of impressive performance out of bitcoin, it is better to let it be and simply not put too much attention to its short term movements.

Agreed, the rest of 2023 is the last time for us to accumulate bitcoins as the halving will happen in 2024, and then we will not have a chance to buy bitcoins below $30k. So I'm expecting the rest of the months, bitcoin won't recover any time soon, but instead, there will be a stronger correction giving me a chance to buy cheaper bitcoins.

Bear season 2018, a lot of people missed bitcoin when it was only 3k$, including me, so I hope everyone takes advantage of this time to correct past mistakes, don't let regret repeat. Bitcoin under 30k is really a gift.

[tygeade]

Bumpy ride indeed and since we dont able to know on whats heading on us then it is really that hard to tell on whats next. Its true that before halving event then the market would really be preparing up for some
huge kick on of a green long candle but we dont know on when would actually happens. Rest of 2023 would really be the last chance of accumulating coins while its still cheap for this cycle because once
bull run would kick in then you would really be finding yourself get left behind again on the train.

Expect the unexpected as always because market is always been that volatile and unpredictable.There's no way on telling on where it would be heading or on where it would be ending up.
Important thing is that you do able to position yourself while the market price isnt really that still going up.So that you wouldnt really be finding yourself buying on the peak.

Bumpy ride is the natural part of bitcoin, it is volatile and that means it will go up and down like crazy and that's how it always been. Do not expect bitcoin to stay stagnant for too long, sometimes it can be but usually it is not and that means we are going to see Bitcoin price move up like 10-20% in a single day, and we can see it crash like that in a single day as well.

There is nothing new about that, yes it is hard to get used to it if you are a newbie because not many other assets can earn or lose that much quickly, even if they do, it is rare and not common. When stock market crashes 10-20% in a single day, that's a big deal, we have that like at least half a dozen times a year, but we also recover so there is no problem about it at all.

[StreakW]

Of course for the remainder of 2023 we expect bitcoin to experience continued growth and a significant increase in price. Although we know that the price of bitcoin is very difficult to predict. As to how high the Bitcoin price can reach before 2024, some might expect it to go higher than $50k or even set a new ATH record.

[AakZaki]

Of course for the remainder of 2023 we expect bitcoin to experience continued growth and a significant increase in price. Although we know that the price of bitcoin is very difficult to predict. As to how high the Bitcoin price can reach before 2024, some might expect it to go higher than $50k or even set a new ATH record.

Reaching the ATH record in 2024 is everyone's wish. Even this is marked by the Halving that will occur later. late 2023 is the year that will determine where Bitcoin will go. At the end of the year it is hoped that Bitcoin will have touched the price of $ 50k and above or passed the last ATH. The market is indeed difficult to predict and this will also be affected by bad news that will appear later. But let's see how Bitcoin will trend, hoping it will stay above $30k and continue.

[Natalim]

Last year(2022) we've been experiencing a huge drop and price corrections but this 2023, it was somewhat not that it looks like we are in the recovery phase which is why I was optimistic that this year we can even just move high and reaching $40k is quite possible. And I was looking forwards to the upcoming halving to have a dragging impact and increase demand. Because in the past years before halving, a price increase is visible and I'm also expecting that situation as well this time.

[milewilda]

Last year(2022) we've been experiencing a huge drop and price corrections but this 2023, it was somewhat not that it looks like we are in the recovery phase which is why I was optimistic that this year we can even just move high and reaching $40k is quite possible. And I was looking forwards to the upcoming halving to have a dragging impact and increase demand. Because in the past years before halving, a price increase is visible and I'm also expecting that situation as well this time.

We are really that indeed in recovery phase on which the price is starting to climb up gradually, some people might not able to notice it since they are really that going after on reaching out those peaks but if we do really zoom out then we could really tell that this year is really that recovery and last year 2022 is the best time for us to accumulate cheap coins considering that Bitcoin did hit up 15k price and even on eth hitting up 1k or lower
as far as i remember on which it is really the best time to buy but well we had just missed out those times though and even myself was bit skeptical on that time on which ive been expecting for 10k but it did turn
out that its never been that possible.For now on this year 2023 then we cant really tell on how it would really be ending up whether bullish or bearish but since we are already that fast approaching on the halving
event then we are all anticipating for that upcoming bull run but of course there's no guarantee that we could really be able to see huge gains in short time.

[South Park]

Last year(2022) we've been experiencing a huge drop and price corrections but this 2023, it was somewhat not that it looks like we are in the recovery phase which is why I was optimistic that this year we can even just move high and reaching $40k is quite possible. And I was looking forwards to the upcoming halving to have a dragging impact and increase demand. Because in the past years before halving, a price increase is visible and I'm also expecting that situation as well this time.

40k is definitely possible but I think it is at the very limit of what it can be realistically achieved by bitcoin when the halving has not even took place, besides I think the whales may attack the price of bitcoin and try to make it go lower, so not only they can buy coins for a cheaper price but also as a way to not let people to become too excited too soon and make the bull market to arrive way sooner than expected.

[ZAINmalik75]

What is everyone expecting for the rest of 2023 with Bitcoin?
 
A lot of good news lately with Bitcoin up 24% in a week but will it last?

How high can we go before 2024? $40k? $50k?

Bitcoin is so volatile and due to that exact prediction of Bitcoin price is like impossible, but after entry of institutional investors we can expect some green positive move in Bitcoin price like it can go above 40k and will stay for a long while.
Just like most of crypto enthusiasts expect and believe that mostly this year Bitcoin will be in consolidation zone and entry of big moves will be like none, but after halving price will be sky rocket 🚀. So before halving it's a best time accumulate Bitcoin through DCA because before halving few corrections can possibly happen as whale will fill thier bag at cheap price so can also avail the opportunity...

[flyingcarpet]

Last year(2022) we've been experiencing a huge drop and price corrections but this 2023, it was somewhat not that it looks like we are in the recovery phase which is why I was optimistic that this year we can even just move high and reaching $40k is quite possible. And I was looking forwards to the upcoming halving to have a dragging impact and increase demand. Because in the past years before halving, a price increase is visible and I'm also expecting that situation as well this time.

40k is definitely possible but I think it is at the very limit of what it can be realistically achieved by bitcoin when the halving has not even took place, besides I think the whales may attack the price of bitcoin and try to make it go lower, so not only they can buy coins for a cheaper price but also as a way to not let people to become too excited too soon and make the bull market to arrive way sooner than expected.

The price will increase with the approach of Halving, but I am also afraid of the behavior of the whales and what they can do. There are also too many corporate companies that think they are not getting enough bitcoins. For them, the current level may be high. Therefore, we should not forget about the possibility of a decline in the price of Bitcoin.

When I make a guess, I try to make my investment accordingly, and sometimes I'm wrong. That's why I prefer to watch the market without making too many conclusions.

[JoyMarsha]

I prefer bitcoin to keep falling rather than rising because this is a war, falling prices will make many people give up and dump their bitcoins, and it's also a golden time for us to accumulate cheap bitcoins. It may sound harsh or too cruel, but we should not deny that this is a market with winners and losers. And if we want to win, we need to let others lose.
Regarding the price prediction for this year, I still believe that history will repeat itself, there will be a serious dumping before the halving takes place.

Because bitcoin refused to drop below $28k for months, we don't know what the dumping price of bitcoin would be. For months, the price has been changing between $29k-$31k. The dumping price of $20k–$25k just seems too impossible to materialize, therefore it doesn't feel like history will repeat itself before the halving occurs.

I wouldn't think of or wait for the price of bitcoin to dump further than the present price of $29k without accumulating the Bitcoin in a little way I can.  As it falls in price, that's how am going to accumulate cheap Bitcoin to the ones I already have.

[19Nov16]

In my opinion, as long as there are no big issues such as FTX, the price of Bitcoin will go to recovery, the big thing that is happening now is a lawsuit from SEC to Binance, but positive things are binance services are still normal and withdrawing processes there is no problem so that the market does not panic, different things of course with XRP that had received a lawsuit a few years ago.

[dezoel]

Last year(2022) we've been experiencing a huge drop and price corrections but this 2023, it was somewhat not that it looks like we are in the recovery phase which is why I was optimistic that this year we can even just move high and reaching $40k is quite possible. And I was looking forwards to the upcoming halving to have a dragging impact and increase demand. Because in the past years before halving, a price increase is visible and I'm also expecting that situation as well this time.

40k is definitely possible but I think it is at the very limit of what it can be realistically achieved by bitcoin when the halving has not even took place, besides I think the whales may attack the price of bitcoin and try to make it go lower, so not only they can buy coins for a cheaper price but also as a way to not let people to become too excited too soon and make the bull market to arrive way sooner than expected.

Before halving I still think we can reach prices above $40k. Maybe $80k is our max price. Whales are already there and they can attack at any moment. They might also be the reason on why we reached $30k and $31k lately and they might also be the reason on why we fell down again below it because they might be doing a manipulation once again. You know, this is their way to make a profit.

If there are people who wants BTC to increase, there are also people who want it to go down, so when whales dips the price, they are still making some people excited. Sometimes a dump in the price is what makes us see a higher increase in a short period of time. It's because the demand for BTC is heavy during those times.

[ScamViruS]

Bitcoin started 2023 with a positive move, leaving behind all the FUD of 2022 as Bitcoin crossed the $30000 level. We may see another mini bull market in Bitcoin very soon until the next halving. Bitcoin's next move in 2023 is still difficult to predict as Bitcoin is yet to break a strong resistance. My expectation is that if Bitcoin can break this $31000 resistance then Bitcoin can go to $40000 or even $50000. But it all depends on how the market reacts and what plans the whale traders have.

Therefore, we hope that no new FUD will be created in the coming months of this year, so that it does not create a negative effect on the market and the momentum of the market is not lost.

[AnonBitCoiner]

Agreed, the rest of 2023 is the last time for us to accumulate bitcoins as the halving will happen in 2024, and then we will not have a chance to buy bitcoins below $30k. So I'm expecting the rest of the months, bitcoin won't recover any time soon, but instead, there will be a stronger correction giving me a chance to buy cheaper bitcoins.

Bear season 2018, a lot of people missed bitcoin when it was only 3k$, including me, so I hope everyone takes advantage of this time to correct past mistakes, don't let regret repeat. Bitcoin under 30k is really a gift.

Yes accumulation of bitcoin is still worthy as now the price is not so high like that will be in 2024. If one who wants to get the advantage of halving should buy and store more and more bitcoin which will be very advantageous for you in next year.

I don't think that price will reduces more than 30k$ this year so don't wait more to buy bitcoin as it is the better chance to have some bitcoin and have bigger profit.

Don't be in too hurry to get the benefit because you will buy and will keep for the rest of timing because huge pump can give you larger sum if you follow the rules and wait for the halving.

[Hamphser]

Bumpy ride indeed and since we dont able to know on whats heading on us then it is really that hard to tell on whats next. Its true that before halving event then the market would really be preparing up for some
huge kick on of a green long candle but we dont know on when would actually happens. Rest of 2023 would really be the last chance of accumulating coins while its still cheap for this cycle because once
bull run would kick in then you would really be finding yourself get left behind again on the train.

Expect the unexpected as always because market is always been that volatile and unpredictable.There's no way on telling on where it would be heading or on where it would be ending up.
Important thing is that you do able to position yourself while the market price isnt really that still going up.So that you wouldnt really be finding yourself buying on the peak.

Bumpy ride is the natural part of bitcoin, it is volatile and that means it will go up and down like crazy and that's how it always been. Do not expect bitcoin to stay stagnant for too long, sometimes it can be but usually it is not and that means we are going to see Bitcoin price move up like 10-20% in a single day, and we can see it crash like that in a single day as well.

There is nothing new about that, yes it is hard to get used to it if you are a newbie because not many other assets can earn or lose that much quickly, even if they do, it is rare and not common. When stock market crashes 10-20% in a single day, that's a big deal, we have that like at least half a dozen times a year, but we also recover so there is no problem about it at all.

If you are just noob then you would really be having impression that this market is really that something unpredictable but it has been always be, it is really just that noobs arent really that still aware on how this market

works or behaves and on the time that they would be having that actual experience then this is the time they would really be having those realistic approach and realistic comments about on this market.
Expect the unexpected always because this market is always been that unpredictable and there's no way that we could be able to predict on whats ahead. This is why people would really be keeping out
on telling speculative prices or approach on things which is normal. We are now fast approaching on the halving event and we know that this had been the event that we are really that waiting
for bull run to kick in but of course everything isnt assured for it to happen. We know that everyone could make out that speculative approach on what would be numbers would be.

[Baofeng]

Bitcoin started 2023 with a positive move, leaving behind all the FUD of 2022 as Bitcoin crossed the $30000 level. We may see another mini bull market in Bitcoin very soon until the next halving. Bitcoin's next move in 2023 is still difficult to predict as Bitcoin is yet to break a strong resistance. My expectation is that if Bitcoin can break this $31000 resistance then Bitcoin can go to $40000 or even $50000. But it all depends on how the market reacts and what plans the whale traders have.

Therefore, we hope that no new FUD will be created in the coming months of this year, so that it does not create a negative effect on the market and the momentum of the market is not lost.

True, on the month of January alone, we have like 40%++ increased, and if we look at the last bottom price of $15,500, we already have doubled that in 2023. So everything looks good for us at $30k'ish right now and with like 5 months to go, we might be looking at $40k-$50k at the end of the month.

Of course, there could be FUD and negative news still, but I do hope that there will be no black swan events like last year. So we should remain calm and continue to accumulate as much as we can. So that when the bull run comes, we are all set and just waiting for a new all time high or at least close to it, before selling our stash.

[Wiwo]

The year 2023 has been a remarkable year for Bitcoin as its price has done a significant price movement which has been in the positive direction ever since the year begin,  because before the start of 2023, Bitcoin was struggling at a below 20k region,  but ever since January up until now Bitcoin has been able to recover to it current price above 30k after it touched 35k before correcting back to 30k and have created a strong resistant at that level.

[Alpha Marine]

I am very optimistic about Bitcoin this year. I am going to irrational to say it would get close to an ATH or whatever but I believe we might see Bitcoin at $40k or somewhere close to that before the end of the year. The year has been good to an extent and I believe it will get better. What I've noticed about Bitcoin is that it's no more as fragile as it used to be in the past. What I mean is, in the past ever negative news affect Bitcoin heavily, but these days it's like it's growing a thick skin. The negative news don't affect it much anymore. Take the recent Binance stuff for example. If it was before, I believe Bitcoin price would have dipped.