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Author Topic: Bitcoin - what are we expecting for the rest of 2023?  (Read 1132 times)
AnonBitCoiner
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August 02, 2023, 07:37:05 PM
 #101

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.

Absolutely true that in 2022 bitcoin did not touch the value of 30k$ but during current year the price was almost 30k$ each month. Now it is something declined in price like that of 28k$ but expert says that it will surely goes towards positive line (40k$).

28k$ is a not a bad cost because those who do not have any bitcoin in their wallet should have the opportunity to be ready for next Bull run. According to estimation those individuals who hold their bitcoin since 2022 will face great advantage once Bull run initiate and I will suggest that its not too late so collect bitcoin whatever you can.



 

 

 

 

 

 


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August 02, 2023, 07:51:52 PM
 #102

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.

Absolutely true that in 2022 bitcoin did not touch the value of 30k$ but during current year the price was almost 30k$ each month. Now it is something declined in price like that of 28k$ but expert says that it will surely goes towards positive line (40k$).

28k$ is a not a bad cost because those who do not have any bitcoin in their wallet should have the opportunity to be ready for next Bull run. According to estimation those individuals who hold their bitcoin since 2022 will face great advantage once Bull run initiate and I will suggest that its not too late to collect Bitcoin whatever you can.
Yes not too late indeed to accumulate more Bitcoin indeed since the bull run is estimated to be in effect any moment after the halving where the Bitcoin block rewards will be reduced by half which will automatically result in a scarcity of Bitcoin and how it intends to move the price and value forward in a much greater way and means.

Even though the price of bitcoin at the moment is retaining a stable position and 30k has been the benchmark for a while now it then means that anyone still buying Bitcoin at the current market value is still at a discounted range and shouldn't see it as a high price purchase,  but this should also mean that Bitcoin accumulation os best at when the price is low and those that bought Bitcoin at the bottom of $15k in 2022 are in the best position right now and even when the bull market arrive after 2024 halved.
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August 02, 2023, 09:24:01 PM
 #103

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.

Absolutely true that in 2022 bitcoin did not touch the value of 30k$ but during current year the price was almost 30k$ each month. Now it is something declined in price like that of 28k$ but expert says that it will surely goes towards positive line (40k$).

28k$ is a not a bad cost because those who do not have any bitcoin in their wallet should have the opportunity to be ready for next Bull run. According to estimation those individuals who hold their bitcoin since 2022 will face great advantage once Bull run initiate and I will suggest that its not too late to collect Bitcoin whatever you can.
Yes not too late indeed to accumulate more Bitcoin indeed since the bull run is estimated to be in effect any moment after the halving where the Bitcoin block rewards will be reduced by half which will automatically result in a scarcity of Bitcoin and how it intends to move the price and value forward in a much greater way and means.

Even though the price of bitcoin at the moment is retaining a stable position and 30k has been the benchmark for a while now it then means that anyone still buying Bitcoin at the current market value is still at a discounted range and shouldn't see it as a high price purchase,  but this should also mean that Bitcoin accumulation os best at when the price is low and those that bought Bitcoin at the bottom of $15k in 2022 are in the best position right now and even when the bull market arrive after 2024 halved.
Any month before halving event is a considerable month for us to make out some entry or making out some buy positions knowing that after halving on which bull run would kick in on which we could really somewhat assure or tell to ourselves that these prices are still best time to get in or accumulate.Somehow, due to that kind of trying out to find the possible bottom and this is the main reason on why we do still keep on
waiting for that particular right time on which we do really tend to get in on possible bottom but how we would be able to do it or would really be trying out to determine? There's no way on knowing it.
This is why on the rest months of this year 2023 then there's no one could be able to tell on how it would be looks like or on what the path it would be taking whether we would be remaining to be that bearish or somewhat
having that sideways movement before the halving time comes or would really be making out some significant position change and there might be some shocking movements on which we didnt really
anticipate nor expect for it to happen?

R


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August 02, 2023, 09:34:18 PM
 #104

()
Right mate we are beginning to stock up DCA in other to have a lot of buy-in in the month of February or starting from the middle of January 2024 when the Bitcoin haven will be one-two month away,  and that is what most of the investors who are looking to buy in at discounted rate are all waiting for at this moment since it has been speculated that Bitcoin price will dip down at that time but more also we shouldn't overly wait on that months before we buy in at any chance that Bitcoin offers a discount in price.

Even at the current price,  one can still consider it to be a good time to enter the market since 29k is still a very reasonable amount for Bitcoin at the moment.
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August 02, 2023, 09:55:41 PM
 #105

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.

Bitcoin was really cheap back then, although I was not yet too knowledgeable about it. In 2018, I was even skeptical about it. In 2019, was when I got some fractions (my first buy) and sold them in 2021. I believe even if you had bought your Bitcoin at $3k 2018, maybe you would have sold it off during the ATH of the year before. I have no regrets, though; just as you said, it's still an opportunity to buy now that the price is still low around $30k because the upcoming halving might also trigger a new all-time high. According to what some Bitcoin market analysts have predicted so far, I am also believing that Bitcoin might reach $100k.

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August 03, 2023, 08:52:38 PM
 #106

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Right mate we are beginning to stock up DCA in other to have a lot of buy-in in the month of February or starting from the middle of January 2024 when the Bitcoin haven will be one-two month away,  and that is what most of the investors who are looking to buy in at discounted rate are all waiting for at this moment since it has been speculated that Bitcoin price will dip down at that time but more also we shouldn't overly wait on that months before we buy in at any chance that Bitcoin offers a discount in price.

Even at the current price,  one can still consider it to be a good time to enter the market since 29k is still a very reasonable amount for Bitcoin at the moment.
I agree into the words that there might be some last pullback or correction before the market kicks in or would really be having the pump. Yes, it would really be ideal on having that DCA approach as long

our finances or capital would really be that prepared or would really be allocating for such condition.Investors would really be looking for the best time and spot for them to get prepared before the market would be shooting up or would rocket and wont really be liking to get behind on the time like this. I love those words about having that expect the unexpected on which this had been always the condition or  thing on what we would really be able to encounter on this unpredictable space.

There's no way that we would be able to know on what would be the rest of this year 2023 and let alone that 2024 too, but basing up with the past events then we do already have the slightest
idea and insight on what would be probably it would be on which we would really be having that kind of assumptions that it might be that good looking or condition.

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August 03, 2023, 09:32:38 PM
 #107

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.

Bitcoin was really cheap back then, although I was not yet too knowledgeable about it. In 2018, I was even sceptical about it. In 2019, was when I got some fractions (my first buy) and sold them in 2021. I believe even if you had bought your Bitcoin at $3k in 2018, maybe you would have sold it off during the ATH of the year before. I have no regrets, though; just as you said, it's still an opportunity to buy now that the price is still low around $30k because the upcoming halving might also trigger a new all-time high. According to what some Bitcoin market analysts have predicted so far, I am also believing that Bitcoin might reach $100k.
I agree with the fact that if you bought Bitcoin at the bottom low of $3,000 far back in 2018 and beyond there would have been a lot of tempting price increases that would have forced you to have sold,  and even at an all-time high even in 2021 when the price reached $60k+ I price many Bitcoin holders most especially those that bought at the low price who have already made 5x profits within a space 5 years or so which is a long term cycle already.

More also we must also attempt to take advantage of the volatility of Bitcoin because the bear time on the current time is an all-time high of another time so all that matters in Bitcoin is the entry price and the exit price,  take for example a 20k Bitcoin price at this time is a bottom discount price but the same price in 2018 is already an all-time high which many will consider the best exit price.
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August 04, 2023, 08:00:04 AM
 #108

Absolutely true that in 2022 bitcoin did not touch the value of 30k$ but during current year the price was almost 30k$ each month. Now it is something declined in price like that of 28k$ but expert says that it will surely goes towards positive line (40k$).
The price of $40K is indeed quite positive and also quite logical for experts to say because they also look at what Bitcoin prices have generally been around for a few months so they are saying about what prices are quite logical to happen for Bitcoin in this year other than $30K which may have been witnessed by many people in this year.

Quote
28k$ is a not a bad cost because those who do not have any bitcoin in their wallet should have the opportunity to be ready for next Bull run. According to estimation those individuals who hold their bitcoin since 2022 will face great advantage once Bull run initiate and I will suggest that its not too late so collect bitcoin whatever you can.
Those who still hold Bitcoin that was bought at a low price last year are the people who are very profitable this year because this year the price of Bitcoin has doubled from last year's low price so those who are still holding are them who is on the winning line with a level of profit that has been seen before his own eyes. Although they still want bigger things in the next year than what they are seeing right now through Bitcoin.
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August 04, 2023, 09:51:30 AM
 #109

Absolutely true that in 2022 bitcoin did not touch the value of 30k$ but during current year the price was almost 30k$ each month. Now it is something declined in price like that of 28k$ but expert says that it will surely goes towards positive line (40k$).
The price of $40K is indeed quite positive and also quite logical for experts to say because they also look at what Bitcoin prices have generally been around for a few months so they are saying about what prices are quite logical to happen for Bitcoin in this year other than $30K which may have been witnessed by many people in this year.
Throughout this year, we are in a more positive trend and maybe a price of $ 40k is very possible to achieve, considering that currently the decline that has occurred throughout the year is not too deep compared to the increase that has occurred.
Personally I'm pretty sure the positive trend will continue this year, and I think a price of $40k is very likely.
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August 04, 2023, 08:22:30 PM
 #110

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.

Bitcoin was really cheap back then, although I was not yet too knowledgeable about it. In 2018, I was even skeptical about it. In 2019, was when I got some fractions (my first buy) and sold them in 2021. I believe even if you had bought your Bitcoin at $3k 2018, maybe you would have sold it off during the ATH of the year before. I have no regrets, though; just as you said, it's still an opportunity to buy now that the price is still low around $30k because the upcoming halving might also trigger a new all-time high. According to what some Bitcoin market analysts have predicted so far, I am also believing that Bitcoin might reach $100k.

Over every bitcoin all time high, there's always an opportunity to have the bear market that will renders the market in going dip and allow new investor to buy and come in, during this period of time, one can buy the dip and hold till the bullrun begins immediately after the halving, we can take this period for an example, buying now will do more good than expected if we can hodl, we may not have the same then opportunity for bitcoin to go so low but still uses the advantage in this we are into and buy because there will soon be another ATH

.
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August 04, 2023, 10:32:51 PM
 #111

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.

Bitcoin was really cheap back then, although I was not yet too knowledgeable about it. In 2018, I was even skeptical about it. In 2019, was when I got some fractions (my first buy) and sold them in 2021. I believe even if you had bought your Bitcoin at $3k 2018, maybe you would have sold it off during the ATH of the year before. I have no regrets, though; just as you said, it's still an opportunity to buy now that the price is still low around $30k because the upcoming halving might also trigger a new all-time high. According to what some Bitcoin market analysts have predicted so far, I am also believing that Bitcoin might reach $100k.

Over every bitcoin all time high, there's always an opportunity to have the bear market that will renders the market in going dip and allow new investor to buy and come in, during this period of time, one can buy the dip and hold till the bullrun begins immediately after the halving, we can take this period for an example, buying now will do more good than expected if we can hodl, we may not have the same then opportunity for bitcoin to go so low but still uses the advantage in this we are into and buy because there will soon be another ATH
Bear markets and crashes or extreme corrections is inevitable and it do usually happen on a thing called "market" which we know that it cant really be just having that single path or movement to take, knowing that

we are dealing on a market on which it is really that normal that movement something like this is something that we mainly need to face on. What would be able to face up on ahead? Year 2023? No one really knows.
Some had been anticipating for some sidewards movement and some do expect for some huge jump in price since we are fast approaching with the halving event on which it cant really be denied that this is
one of the main events or things that we are really that looking upon because we do know that when it comes to impressions and demand and hype then this market is really that highly reactive.

If you've been here on this market for a while now then it would really be just that impossible that you arent aware on the things on whats happening on which it would really be just that normal that prices
and approach would really be something speculative and not something fixed because its really be that on this way. The thing you do only need is to make out adjustments and face up
on what must need to be faced on.

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August 04, 2023, 11:11:39 PM
 #112

More also we must also attempt to take advantage of the volatility of Bitcoin because the bear time on the current time is an all-time high of another time so all that matters in Bitcoin is the entry price and the exit price,  take for example a 20k Bitcoin price at this time is a bottom discount price but the same price in 2018 is already an all-time high which many will consider the best exit price.

Yeah, that's true, and definitely more ATH are yet to be reached; that's why I really don't get myself walked up in my BTC accumulations. I keep accumulating and if I see that the price is too bullish, I can sell a few fraction of my total holding and wait for the bear market to come so I can sell and increase my holding as well. With those past incidents of price hikes and every ATH that was reached in the history of Bitcoin, at least it has also given some of us the idea never to sell all our holdings, or even if we sell all, we should still have some reserved funds to buy back during a bear market because definitely the bull market will stop, so investors can also buy in the bear market and hold till another bull market. That's just the cycle; some people have yet not understand it.

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August 04, 2023, 11:58:53 PM
 #113

In one week we will be half through the year , crazy I know  Shocked

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?

Not gonna lie this 2023 Bitcoin did a good job recovering from the past dump and it was really starting to have its momentum for next year where I think it could possibly trigger the bull run, I think in the rest of 2023 we could probably expect for 40k$ on November or December considering the momentum of Bitcoin we are on great start already, We already notice that bitcoin even though was some dump it still holding on its price around 29k$ which is a good thing, yes there is a resistance around 31k$ but in my opinion, we can easily break that with just some good news or articles online, I mean its a good thing already if the Bitcoin could stay on this range until the end of the year or it's even better if it could drop again around 15k$ since there are still time to accumulate more bitcoin before the bitcoin halving.

Similar to what happened before for sure there is going to be a huge spike in the Bitcoin market price before the Bitcoin halving is going to happen it's a good opportunity I think if you want to short a small amount of Bitcoin. Then it would drop a little after the even then probably after a few months investors are going to realize it then the market price is going to skyrocket to its new all-time high Im thinking it's going to be more than 100k%.

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August 05, 2023, 09:12:35 AM
 #114

The price of $40K is indeed quite positive and also quite logical for experts to say because they also look at what Bitcoin prices have generally been around for a few months so they are saying about what prices are quite logical to happen for Bitcoin in this year other than $30K which may have been witnessed by many people in this year.
Throughout this year, we are in a more positive trend and maybe a price of $ 40k is very possible to achieve, considering that currently the decline that has occurred throughout the year is not too deep compared to the increase that has occurred.
Personally I'm pretty sure the positive trend will continue this year, and I think a price of $40k is very likely.
I think it is definitely possible to reach and we are going to live that without a doubt. I know that people are not entirely certain about it but it looks like we are going to live that for sure. Reaching a 40k level is not that complicating and should be something that we can reach to without a doubt.

I get that people are not entirely certain if we could see it happen or not but we will probably see it happen since 40k is not that far down the line and could be done better. I get that people are not living easily right now and want to make sure that they can make all the changes they possibly could to make more money to live a better life, and for that to happen we need to make sure that it can get better places.

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August 06, 2023, 11:01:41 AM
 #115

The price of $40K is indeed quite positive and also quite logical for experts to say because they also look at what Bitcoin prices have generally been around for a few months so they are saying about what prices are quite logical to happen for Bitcoin in this year other than $30K which may have been witnessed by many people in this year.
Throughout this year, we are in a more positive trend and maybe a price of $ 40k is very possible to achieve, considering that currently the decline that has occurred throughout the year is not too deep compared to the increase that has occurred.
Personally I'm pretty sure the positive trend will continue this year, and I think a price of $40k is very likely.
I think it is definitely possible to reach and we are going to live that without a doubt. I know that people are not entirely certain about it but it looks like we are going to live that for sure. Reaching a 40k level is not that complicating and should be something that we can reach to without a doubt.

And we are more than half of the year already, we might be entering the last quarter next month and so with that, we might see the highest at $40k. I also think that $50k is possible, however, with the way the price is moving, I'll be glad if we can at least touch $40k at the end of the year.

I get that people are not entirely certain if we could see it happen or not but we will probably see it happen since 40k is not that far down the line and could be done better. I get that people are not living easily right now and want to make sure that they can make all the changes they possibly could to make more money to live a better life, and for that to happen we need to make sure that it can get better places.

And with that, we will have to wait what will happen, I mean the exciting part is next year, as we are going to see the block halving again. However, this year, we still have a lot of opportunities to buy cheap bitcoins and then just hold it long term or at least at the end of 2024-2025.
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August 06, 2023, 12:09:17 PM
 #116

2023 is still more than 4 months and I think there is still a chance for rising, moreover many people are optimistic that the halving day that will occur at the beginning of 2024 will make a big impact at the end of this year so I am optimistic that the end of the year can reach at least 200% of the price now or about $58k.


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Rupok
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August 07, 2023, 09:54:25 AM
 #117

I am very optimistic about Bitcoin this year and I think we can break out of the bear market this year.  If we compare the price of Bitcoin in this year 2023 Bitcoin has recovered from the past dump.  Expect Bitcoin to trigger a bull run later in the year.  Bitcoin's momentum is great right now and if we look at past history the market tries to recover towards a near bull run towards the end of the year.  There are still five months left before the end of the year. Expect a lot of changes in Bitcoin price within five months.Reaching the 40k level is not complicated for Bitcoin and everyone is optimistic that 2023 should be the year we reach the bull market.

Rabata
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August 07, 2023, 11:17:51 AM
 #118

As the Bitcoin halving period 2024 approaches, Bitcoin investors are scrambling to increase their investments. Everyone's expectations are not equal. Some are willing to sell their bitcoins when they get a small profit, while others hold it for a long time so that their small investment can turn into a big success. Bitcoin has been bearish since 2021 and every investor is expecting it to surpass all previous BTCs due to the upcoming halving. Since investors have the same criteria, we could soon see a major bull run. I deserve Bitcoin price will be above $40,000 before 2024.

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August 07, 2023, 11:39:36 AM
 #119

2023 is still more than 4 months and I think there is still a chance for rising, moreover many people are optimistic that the halving day that will occur at the beginning of 2024 will make a big impact at the end of this year so I am optimistic that the end of the year can reach at least 200% of the price now or about $58k.
It's hard to predict what could really happen. Think back to March 2020 when the price dropped tripple in a few days. That was just before the halving. Of course many believe that in 2023 the price could rise, but as long as resistance is not broken there could be a fall at any time.

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n0ne
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August 07, 2023, 05:59:26 PM
 #120

2023 is still more than 4 months and I think there is still a chance for rising, moreover many people are optimistic that the halving day that will occur at the beginning of 2024 will make a big impact at the end of this year so I am optimistic that the end of the year can reach at least 200% of the price now or about $58k.
It's hard to predict what could really happen. Think back to March 2020 when the price dropped tripple in a few days. That was just before the halving. Of course many believe that in 2023 the price could rise, but as long as resistance is not broken there could be a fall at any time.
It looks like the resistance won't break throughout the year. As we've got the halving to take place in the upcoming year, we can expect the price to be moving at the lower margin. Only then it is possible to reach new ATH price by halving. Till date the new ATH price have been reached by every halving. This time also such thing is expected. Many were expecting 6 digit value, which is possible and something beyond limits could go down in value. So, my prediction is bitcoin to reach around $80k by halving and for the rest of 2023 we'll be sitting between $30000 and $45000.

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