Topic: Bitcoin 2023, Bullish or Bearish? - page 3. (Read 1428 times)
One reason for BTC to rally in 2023 is the U.S. Fed’s last less aggressive rate hike of just 25 basis points, which helped BTC to maintain its rising trajectory and outperform as compared to other asset classes.
I'm not saying bear and bull, but from 2022 we have seen a significant increase from bitcoin, I think bitcoin will close in price in the 30-40k$ range for this year.
For me that is still bear market when we hit $30,000 and up for this year. I mean in a bull run, the price is going up non-stop to the point that we are going to see $100,000 and more.
So still very bullish for me despite the fact the the market has recovered and might not see another lowest low for this year.
And it's good though, at least we are still on point to reach 6 digits in 2024/25 and not for this year because it will break the 4 year cycle that we are used to be seeing in bitcoins young history.
I'm not saying bear and bull, but from 2022 we have seen a significant increase from bitcoin, I think bitcoin will close in price in the 30-40k$ range for this year.
Yes some experts believe that Bitcoin will continue to grow in popularity and value in the coming years. For example, the CEO of MicroStrategy, Michael Saylor, has become a vocal advocate for Bitcoin and even converted his company's cash reserves into cryptocurrency.
On the other hand, there are also concerns about the environmental impact of Bitcoin mining and the potential for increased regulation from governments around the world. But what's easy is that when market news is still quiet, the bullish trend hasn't ended.
On the other hand, there are also concerns about the environmental impact of Bitcoin mining and the potential for increased regulation from governments around the world. But what's easy is that when market news is still quiet, the bullish trend hasn't ended.
The issue of the environmental impact of Bitcoin mining is always enlarged, the fact is certainly not appropriate, but haters always attack cryptocurrencies with many sides because they are worried that the development of cryptocurrencies continues to improve then threaten their business, and of course we must be optimistic that the future of Bitcoin will be brilliant.
Yes some experts believe that Bitcoin will continue to grow in popularity and value in the coming years. For example, the CEO of MicroStrategy, Michael Saylor, has become a vocal advocate for Bitcoin and even converted his company's cash reserves into cryptocurrency.
On the other hand, there are also concerns about the environmental impact of Bitcoin mining and the potential for increased regulation from governments around the world. But what's easy is that when market news is still quiet, the bullish trend hasn't ended.
The excitement is gradually returning, which is understandable, we have seen many new projects being pushed and called for capital that are also successful. Seeing the inflow of money into crypto since 2023 I think this recovery can be sustained and closer to the bull cycle.On the other hand, there are also concerns about the environmental impact of Bitcoin mining and the potential for increased regulation from governments around the world. But what's easy is that when market news is still quiet, the bullish trend hasn't ended.
And it will not be too much of a difference when the information about the bitcoin halving, will be discussed gradually. Those who have a DCA plan are also gradually feeling less pressure
Yes some experts believe that Bitcoin will continue to grow in popularity and value in the coming years. For example, the CEO of MicroStrategy, Michael Saylor, has become a vocal advocate for Bitcoin and even converted his company's cash reserves into cryptocurrency.
On the other hand, there are also concerns about the environmental impact of Bitcoin mining and the potential for increased regulation from governments around the world. But what's easy is that when market news is still quiet, the bullish trend hasn't ended.
On the other hand, there are also concerns about the environmental impact of Bitcoin mining and the potential for increased regulation from governments around the world. But what's easy is that when market news is still quiet, the bullish trend hasn't ended.
Like the title says, this year 2023, are you bullish or bearish on bitcoin and why? I would love to hear why. I personally believe this is a bear market rally or something similar. 
This year 2023 the first month of January to the middle of March can be said that we are still in a bear market, but at this time after bitcoin reached 27k$ more than this last night here it seems that my mind has changed.
So in my opinion it looks like we are entering the bullish season or we have now entered the bullishness of the market right now in cryptocurrency. So we should be encouraged to save bitcoin for now.
Neither its a consolidation year, surprise up then surprise down and in some total sideways for most of the months of the year. If we have a clear repeated trend throughout the year that leads us either up or down to significantly different range then I'll accept defeat and that I was wrong. I think its quite easy to guess the majority of this year will be in revision and many hopes that dont especially move us on from here or most of the prices seen since last summer etc.
Like the title says, this year 2023, are you bullish or bearish on bitcoin and why? I would love to hear why. I personally believe this is a bear market rally or something similar.
If we follow the Bitcoin 4 year cycle we can easily assume that Bitcoin is going to be bullish. But no one can say for sure about the price movement of Bitcoin. But after a certain time it is predictable. According to the assumption , Bitcoin price is likely to be bullish this year or next year. As the recent market is good, Bitcoin may be bullish towards the end of this year. 
Seeing the increase that continues to happen of course I'm optimistic that 2023 will pass the ATH that has happened in 2021, many analysts believe that the price in 2023 can touch $ 100k so that makes me even more excited to buy, I will buy and hold in the long term to get big profits.
It's okay to be optimistic but you also have to be prepared if later your optimism will end up disappointed, I don't believe that the bitcoin price can reach $ 100K if the analysis says it will happen in 2023 to be honest I doubt it, for now the bitcoin price is priced at $ 27K or increased by more than 4% in 24 hours, but I actually see that the current increase has not yet entered a strong bullish phase so that the possibility of a decline can still occur later, from some of the existing news I read that the current increase in bitcoin prices is due the credit crisis that occurred in America due to the bankruptcy of several large banks and if things return to normal maybe bitcoin will return to a price range of $ 24K or $ 25K again.
Seeing the increase that continues to happen of course I'm optimistic that 2023 will pass the ATH that has happened in 2021, many analysts believe that the price in 2023 can touch $ 100k so that makes me even more excited to buy, I will buy and hold in the long term to get big profits.
The market has already grown quite a bit over the past few days. All markets turned green as the Bitcoin market gained momentum. The market is likely to gradually improve in 2023. But now is the right time to invest so it is possible to get profit even if you invest. So seeing the position of the Bitcoin market, it can be understood that the market is going back to the previous position again.
It would be better if the investment was made before Bitcoin has increased in price like in the past two days, because the profit will be much better if you have time to buy Bitcoin at $20K and hold it for the long term. And in these two days traders also get extraordinary profits if they have time to buy at $20K and sell at $26K which is a very enormous profit in just two days, so stay optimistic about the Bitcoin market and also try to invest before Bitcoin increases its price in the market. 
It is very difficult to accurately predict whether Bitcoin will experience a bullish or bearish movement in 2023. This is because Bitcoin price movements are heavily influenced by various factors such as market adoption, investor sentiment, government policies, and fluctuations in demand and supply.
I think we could easily see that it has been bullish this year, right? I mean I am not saying that it is doing terrible or great or anything like that but it is obvious that we are seeing it do as well as hoped for. The start of the year saw us go from 16k levels to 23k levels at first, we failed to break over 25k for a long time and then it dropped under 20k just recently, then it went ahead and moved above 25k now as well.So, all of this provides a proof that we are in a bull market and by the end of the year we could easily be over 30k as well. People act as if that is normal but that is a x2 increase during the whole season and that matters.
It is very difficult to accurately predict whether Bitcoin will experience a bullish or bearish movement in 2023. This is because Bitcoin price movements are heavily influenced by various factors such as market adoption, investor sentiment, government policies, and fluctuations in demand and supply.
Until now I'm optimistic that in 2023 the market will be bull run, even today will be a record in itself because the price rose by more than 17%, if before that many doubted that the price was difficult to reach $ 25k but today the price of $ 25k only happened about 3 hours since the price has already reached $26k, I believe this year the price can pass ATH in 2021.
The usual trend is that the price will rise if the previous year dropped, as we know that in 2022 the price dropped more than 70% compared to the end of 2021, of course this is our hope that after the drop, in 2023 the market will rise, not much what we can do apart from continuing to buy so that we have the opportunity to profit in 2023.
yes that's true, but the price drop that happened in 2018 was also significant and it took about 3 years to recover and bitcoin to reach ATH again. it looks like the current price drop is not much different from 2018, that means it will take quite a long time for it to recover and reach ATH again. if this does happen the most likely possibility for bitcoin to touch ATH again is 2024, but it is not final as the crypto market changes frequently.
The market has already grown quite a bit over the past few days. All markets turned green as the Bitcoin market gained momentum. The market is likely to gradually improve in 2023. But now is the right time to invest so it is possible to get profit even if you invest. So seeing the position of the Bitcoin market, it can be understood that the market is going back to the previous position again.
The usual trend is that the price will rise if the previous year dropped, as we know that in 2022 the price dropped more than 70% compared to the end of 2021, of course this is our hope that after the drop, in 2023 the market will rise, not much what we can do apart from continuing to buy so that we have the opportunity to profit in 2023.
And the another setup is rise do happens when we're just done with the halving. Well, we just came from a drop and that made a lot of thoughts that we'll see below $15k. But within just a few days after the news popped about SVB and all other ruckus made by the banks in the US, here we go, the market has calmly and quickly recovered.
Now, after having that thoughts of being bearish for some in the last few days, there goes the idea going back that we're now bullish again.
The usual trend is that the price will rise if the previous year dropped, as we know that in 2022 the price dropped more than 70% compared to the end of 2021, of course this is our hope that after the drop, in 2023 the market will rise, not much what we can do apart from continuing to buy so that we have the opportunity to profit in 2023.
Take a look at the bitcoin chart for 1 day TF, I think you will really get the answer about bitcoin price potential at 2023.I haven't seen any drop to a low for 2023 so far like $18k or any other low. I think it clearly means that the price is in a bullish position even though in the last few days the market has experienced quite a big correction.
In fact today we actually had a strong move from the upside which eventually sent the price back near $25k. The percentage increase today or as I write is 14% and bitcoin is trading at $24.4k. I expect $25k to be break through quickly after this and $25k to be held till end of March.
Like the title says, this year 2023, are you bullish or bearish on bitcoin and why? I would love to hear why.
I think the year 2022 ended on a very bearish trend and knowing the mechanics of the market moves up and down like a wave, a pullback or new high is on the card's which means we should see price getting bullish especially in the second half of the year(2023) as bitcoin price will be discounted for many to buy it low. I personally believe this is a bear market rally or something similar.
I think we hit the low and price needs needs to bounce back up... Think of it like a bouncing ball which was thrown up and has lost momentum and needs to be picked up and thrown up to keep the ball bounce again. Jump to: