With the current bullish sentiment, it is quite hard to see Bitcoin crashing back to 12k this 2023. Though I am one of those that the market is yet to be bullish, but with the current performance of bitcoin market, it somehow made us think that the current market sentiment will even drive the price of bitcoin up, unless manipulators created this bullish hype just to dump their stash to us crashing the market and rebuy at a lower price to strengthen their position.
Right, I'm sure if there is no disaster like Luna and FTX it will be difficult to fall to $ 12k, if the market is slowing it might be below $ 20k but it won't be too far and above $ 15k, most people are waiting for a cheap price because they want to buy, But when the low price has come then they wait again until finally they never buy, they will regret missing the best time to buy.
Topic: Bitcoin 12,000 in 2023. - page 2. (Read 753 times)
With the current bullish sentiment, it is quite hard to see Bitcoin crashing back to 12k this 2023. Though I am one of those that the market is yet to be bullish, but with the current performance of bitcoin market, it somehow made us think that the current market sentiment will even drive the price of bitcoin up, unless manipulators created this bullish hype just to dump their stash to us crashing the market and rebuy at a lower price to strengthen their position.
Right, I'm sure if there is no disaster like Luna and FTX it will be difficult to fall to $ 12k, if the market is slowing it might be below $ 20k but it won't be too far and above $ 15k, most people are waiting for a cheap price because they want to buy, But when the low price has come then they wait again until finally they never buy, they will regret missing the best time to buy.
With the current bullish sentiment, it is quite hard to see Bitcoin crashing back to 12k this 2023. Though I am one of those that the market is yet to be bullish, but with the current performance of bitcoin market, it somehow made us think that the current market sentiment will even drive the price of bitcoin up, unless manipulators created this bullish hype just to dump their stash to us crashing the market and rebuy at a lower price to strengthen their position.
I think 11-12k is still the potential bottom point. I hope so for the sake of another buying opportunity. I am worried for my hope that this gives my bias toward that bottom point! It is looking nice after these past few weeks though.
Alot of newbies are waiting for that bottom price to buy their first bitcoin, even though that looks practically impossible at this point and I am surprised to see this kind of thread at this point when bitcoin is still above 21k, and the recent drop in price is not that significant to warrant this kind of price prediction yet because 16k price is way too low to reach any time soon and it will be better we speculate a more realistic bottom price instead of chasing shadows that we may never cash. - my prediction is that Bitcoin can not go below 20k before the end of the first quarter of the year 2023, and at that, we should expect a much higher price trend to occur anytime soon.
The world economy has been in crisis since 2022, not just the beginning, and things are starting to recover as inflation shows signs of slowing down. The possibility of bitcoin falling again is entirely possible, but for bitcoin to drop to $12k, I don't think that will happen. I also thought bitcoin would drop to the $12k region last year with the black swan event, but that didn't happen, so it's doubtful that this will happen this year.
If bitcoin goes up or down, this year is still a good year to invest in bitcoin, as long as bitcoin hasn't hit its old ATH, there is always an investment opportunity.
I do not think that possibility of bitcoin dropping is realistic just because economy is recovering. We had inflation a few years ago and the price went up, this causes people to think that it will go up only when inflation happens and drop when inflation is gone, but that is not true, we increased in 2017 and there was no inflation like this back then.If bitcoin goes up or down, this year is still a good year to invest in bitcoin, as long as bitcoin hasn't hit its old ATH, there is always an investment opportunity.
Bitcoin market is crazy and highly volatile. Often times the unexpected happen just like what we experienced recently. Does anyone expect Bitcoin to rally to $23k these past days? Or does anyone think Bitcoin will collapse to sub $15k when FTX collapse? Bitcoin market is highly volatile, and with just a change of market sentiment, the price can crash or surge depending on the pushing factor.
We could still grow bigger when economy is doing better as well and we should be hoping that it will happen time and time again. It is really not an easy thing to predict when it will go up, which is why many people are losing their patience while waiting, but it is clear that we managed to go up in any economic situation and we can do it again.
No one can predict the future, all we can do is speculate and hope it will happen. Though I still think that Bitcoin is still in the bearish market and this surge is a bull trap, there is no way that I imagine Bitcoin touching $12k this 2023.
Instead of guessing, the possibility should be carefully assessed and estimated. It is currently quite difficult for Bitcoins to go below the price level of 20 000 USD, at least temporarily. While I can't speak for the latter half of 2023, the current strength of Bitcoins suggests that price will rise. In addition, the demand for the coin affects the price. If you look at the demand right now, it is really high, which is a strong indication that the price will rise soon.
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If it does happen, it will be a super discount that will not be missed by the many investors already putting a lot of money into buying bitcoins. And maybe it will also make many people panic even more than before as the price freefalls below $15k, which was already the previous low.
But hopefully, that won't happen, although I'd like to see it happen so I can get more opportunities to buy bitcoin at very low prices. And after that moment, the bitcoin price can fly very high and maybe it can reach the last ATH right away
But hopefully, that won't happen, although I'd like to see it happen so I can get more opportunities to buy bitcoin at very low prices. And after that moment, the bitcoin price can fly very high and maybe it can reach the last ATH right away
The world economy has been in crisis since 2022, not just the beginning, and things are starting to recover as inflation shows signs of slowing down. The possibility of bitcoin falling again is entirely possible, but for bitcoin to drop to $12k, I don't think that will happen. I also thought bitcoin would drop to the $12k region last year with the black swan event, but that didn't happen, so it's doubtful that this will happen this year.
If bitcoin goes up or down, this year is still a good year to invest in bitcoin, as long as bitcoin hasn't hit its old ATH, there is always an investment opportunity.
I do not think that possibility of bitcoin dropping is realistic just because economy is recovering. We had inflation a few years ago and the price went up, this causes people to think that it will go up only when inflation happens and drop when inflation is gone, but that is not true, we increased in 2017 and there was no inflation like this back then.If bitcoin goes up or down, this year is still a good year to invest in bitcoin, as long as bitcoin hasn't hit its old ATH, there is always an investment opportunity.
We could still grow bigger when economy is doing better as well and we should be hoping that it will happen time and time again. It is really not an easy thing to predict when it will go up, which is why many people are losing their patience while waiting, but it is clear that we managed to go up in any economic situation and we can do it again.
The Bitcoin price and the country's economic system are in crisis all over the world. The price of Bitcoin has fallen drastically due to volatility. Now, by investing in assets with the cryptocurrency market and financial markets, you need to position yourself so that future bitcoin price increases will increase your portfolio. It is better to invest in Bitcoin in the current market as its price will continue to increase in the future.
yes, indeed this year the world is entering an economic crisis and it is certain that bitcoin will also experience a drastic price drop even though at the beginning of this year bitcoin actually increased quite sharply, but it is feared that this increase will only be temporary.continue to invest in bitcoin because bitcoin in the future will be very high compared to the previous year.
The world economy has been in crisis since 2022, not just the beginning, and things are starting to recover as inflation shows signs of slowing down. The possibility of bitcoin falling again is entirely possible, but for bitcoin to drop to $12k, I don't think that will happen. I also thought bitcoin would drop to the $12k region last year with the black swan event, but that didn't happen, so it's doubtful that this will happen this year.
If bitcoin goes up or down, this year is still a good year to invest in bitcoin, as long as bitcoin hasn't hit its old ATH, there is always an investment opportunity.
What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k?
The economy is still tanking, unemployment is rising and rates are still high and we don't know when they will start getting lower. And the biggest thing is that we still didn't feel the effect of the rate hikes. Considering all this, I see a real possibility of bitcoin crashing down with other assets.
I don't see how we can get a soft landing when there is a statistic that every time after the fed pivot economy was dumping even harder.
I want to hear your perspective on this.BTC
Well, I won't be surprise if Bitcoin return back below $20k price. Like what others already pointed out there's always a possibility for it to happen due to many reasons. One of it is the economic crisis (and as you've said unemployment) that can affect the investors to sell even at loss because they're already in need. The economy is still tanking, unemployment is rising and rates are still high and we don't know when they will start getting lower. And the biggest thing is that we still didn't feel the effect of the rate hikes. Considering all this, I see a real possibility of bitcoin crashing down with other assets.
I don't see how we can get a soft landing when there is a statistic that every time after the fed pivot economy was dumping even harder.
I want to hear your perspective on this.BTC
Though I don't think Bitcoin will reach a $12k value as the bottom because if the price plunge further, certainly many investors will already take advantage it knowing that halving is already near. Therefore if you're planning to buy, don't wait for the bottom since we can't pin point it. If you can afford the price then fill your bags already and wait for bullrun.
The Bitcoin price and the country's economic system are in crisis all over the world. The price of Bitcoin has fallen drastically due to volatility. Now, by investing in assets with the cryptocurrency market and financial markets, you need to position yourself so that future bitcoin price increases will increase your portfolio. It is better to invest in Bitcoin in the current market as its price will continue to increase in the future.
yes, indeed this year the world is entering an economic crisis and it is certain that bitcoin will also experience a drastic price drop even though at the beginning of this year bitcoin actually increased quite sharply, but it is feared that this increase will only be temporary.continue to invest in bitcoin because bitcoin in the future will be very high compared to the previous year.
we really hope that the world economic crisis in 2023 will not be as scary as expected, even though the IMF admits that the global economy will only grow at 2.7% and this is down from 2022 at 3.2%.
so it's only natural that predictions for bitcoin will also be expected to be affected, so if it can be a little better than the end of 2022, of course this is an achievement in itself.
really hope that the global crisis can indeed be overcome as well as possible and of course there will be improvements, but if the price of bitcoin at the end of 2023 can reach $ 12K, of course it will be slightly lower than the end of 2022 and it is still very reasonable.
so it's only natural that predictions for bitcoin will also be expected to be affected, so if it can be a little better than the end of 2022, of course this is an achievement in itself.
really hope that the global crisis can indeed be overcome as well as possible and of course there will be improvements, but if the price of bitcoin at the end of 2023 can reach $ 12K, of course it will be slightly lower than the end of 2022 and it is still very reasonable.
Volatility is very small right now but I don't think there will be another bigger bottom at 12k, 15k bottom formation and 24k rally could offer great potential for long-term holding on the macro outlook tissue. The biggest possibility is that bitcoin could stay below 18-20k, plenty of time left in 2023. We could end Q1 breaking $25k. I believe bitcoin has led the market out of the bear market after a somewhat more stable economic outlook, it has ignited new demand in the market.
I don't think there will be serious reasons for bitcoin to reach 12,000 in 2023. U.S. inflation is coming down, the economy is slowly starting to recover, and a crash of the major exchanges is unlikely. Bottom is gone.
What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k?
The economy is still tanking, unemployment is rising and rates are still high and we don't know when they will start getting lower. And the biggest thing is that we still didn't feel the effect of the rate hikes. Considering all this, I see a real possibility of bitcoin crashing down with other assets.
I don't see how we can get a soft landing when there is a statistic that every time after the fed pivot economy was dumping even harder.
I want to hear your perspective on this.BTC
It may happen and it happened tooo from $65K to $15K from its previous ATH so possibility of reaching 12K from 23K is really high but the reason is not much convincing to me because I don't think more people who are in working class holds that much BTC as other assets so if they sell their assets to fulfilling their survival needs won't affect BTC price that much.The economy is still tanking, unemployment is rising and rates are still high and we don't know when they will start getting lower. And the biggest thing is that we still didn't feel the effect of the rate hikes. Considering all this, I see a real possibility of bitcoin crashing down with other assets.
I don't see how we can get a soft landing when there is a statistic that every time after the fed pivot economy was dumping even harder.
I want to hear your perspective on this.BTC
We may need some big reason for sudden crash like you are talking which may related to a hack of an exchange or scam from a project, etc.
If it is possible to drop below 20k but does not mean to fall at 12k , I believe that we already reached the bottom and look at the price now .
we have broken the 24k recently and yes this does not fall like what you expect so why not close the thread and wait for another trend if it is possible to be tackle.
https://coinmarketcap.com/currencies/bitcoin/
that is the maintaining price of Bitcoin nowadays so yes it is continuously increasing .
we have broken the 24k recently and yes this does not fall like what you expect so why not close the thread and wait for another trend if it is possible to be tackle.
We have seen the Bitcoin market exert an upward force since the beginning of 2023, gradually increasing. Earlier, the price of Bitcoin had dropped to around $14000. However, since then, the market has not gone downwards, but the market has continuously increased. And currently the bitcoin market is about $23k, I think the price of bitcoin will not decrease anymore, the market will increase more in the future.
https://coinmarketcap.com/currencies/bitcoin/
that is the maintaining price of Bitcoin nowadays so yes it is continuously increasing .
We have seen the Bitcoin market exert an upward force since the beginning of 2023, gradually increasing. Earlier, the price of Bitcoin had dropped to around $14000. However, since then, the market has not gone downwards, but the market has continuously increased. And currently the bitcoin market is about $23k, I think the price of bitcoin will not decrease anymore, the market will increase more in the future.
The price of cryptocurrency is not constant and i believe that Bitcoin have its own ways of increment, so therefore it's obvious that the price of Bitcoin always fluctuates and since the origin of it, it never remain or been constant or stagnant, so what i have to tell you now is that bitcoin price is rotational, it either increase or decrease and it has been the nature, so seeing Bitcoin on the degradation in Values, it doesn't really mes anything from my perspective. The can fall now and next two days it resurrect. 
What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k?
If by below $20k you meant $12k, o seriously doubt we will get that roughed out to that dump. I would've expected that around the period before Bitcoin started pushing up in January. Since we didn't and Bitcoin is looking good in every sense of it at the moment, I don't think it will dip that much to that point. We can get it below $20k but I won't expect it to crash to that $12k region. Besides, we've to reckon that 2023 is expected to herald a bull rally as halving is next year. We know how positive all the previous halvings have been on Bitcoin and the entire crypto market. I expect same again. 
We have seen the Bitcoin market exert an upward force since the beginning of 2023, gradually increasing. Earlier, the price of Bitcoin had dropped to around $14000. However, since then, the market has not gone downwards, but the market has continuously increased. And currently the bitcoin market is about $23k, I think the price of bitcoin will not decrease anymore, the market will increase more in the future.
What do you guys think about the possibility that bitcoin will crash down below 20k again before going beyond 24k?
Yes, I thought so too. But my estimate is that this condition will take place between April and September. For now, things are still running normally, even if the bull market condition is still going on. Most likely the month of September will start from the bull run market.I have the same opinion as you, I also believe this rally will last until the end of March, and at the beginning of April, bitcoin will have strong corrections. It is very likely that bitcoin will make the final bottom of this bear season before officially ending the bear season and entering a recovery phase in preparation for the halving.
For instance I haven't conceive an idea that bitcoin can pull below $18k this year. I was even saying that even if btc had to crash drastically, it shouldn't go below the previous ATL. But now the sentiment of $12k is trying to stick to my brain but I'll repel it.
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