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Topic: Bitcoin high prediction 2023? - page 3. (Read 1308 times)

hero member
Activity: 2912
Merit: 556
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December 19, 2022, 06:39:01 AM
#71
the bitcoin trend will usually go up after the previous year it sank, if we look at the trend for several years there seems to be the same pattern, for example a 4 year trend, a 2 year trend and so on, I'm sure that in 2023 the price can rise again, there may be a big case that creates panic like LUNA and FTX but it won't have much effect anymore, and it's possible the price could touch 3x from the current price.
Hopefully what we want can be achieved in the next year so we can get big profits again like before. But before that, we must be patient and keep waiting because market conditions have not improved, and it looks like the market will experience another correction. And hopefully, there won't be any more negative news like before so as not to provoke investors to panic so that the bitcoin price doesn't fall any deeper than now. We can only prepare ourselves by buying more bitcoins at this time because the price is still low.
sr. member
Activity: 686
Merit: 403
December 19, 2022, 05:31:58 AM
#70
I don't expect any big price jump from BTC in 2023, I believe that there will be more panic in first quarter of 2023 but for those who are smart that will be the best time to buy.

Honestly speaking the best time to expect anything from Bitcoin is after the halving period is over, that's when more money will start returning to the market, BTC halving creates confidence for the market after every bear seasons.
member
Activity: 299
Merit: 11
December 19, 2022, 05:31:08 AM
#69
Bitcoin in 2022 dropped significantly, when compared to last year's ATH it has dropped more than 70%, of course this is a sad fact, but this year will end soon and we will enter 2023, usually after the market drop it will rise again, in 2023 I bet the price could touch at least 200% or $35k.
legendary
Activity: 2464
Merit: 1102
December 19, 2022, 03:30:02 AM
#68
I think 2023 will be the same as this year, maybe there will be only a slight increase or maybe there will be a deeper decline. So for me let bitcoin run as it is, and it will eventually go up in time.
Like your statements, many people here have predicted that bitcoin might be having a mixed trend in 2023. Still, we could try to figure out the maximum peak it could attain in between time as per OP suggested. In my expectation, I believe that we are going to see prices to be trading above $40k levels in 2023. This is not based on technical aspects but purely my observation on past charts of bitcoin market.

Too often remembering bad cases will only slow down our decision to move forward as we have done before
If you notice, even market sentiment will not remember both positive and negative news for longer duration; when some news arrive, market will react to that and its consequences will follow technical aspects for few more days then market will forget that news then why should we alone to remember old news and events?
hero member
Activity: 1050
Merit: 844
December 19, 2022, 01:05:45 AM
#67
the bitcoin trend will usually go up after the previous year it sank, if we look at the trend for several years there seems to be the same pattern, for example a 4 year trend, a 2 year trend and so on, I'm sure that in 2023 the price can rise again, there may be a big case that creates panic like LUNA and FTX but it won't have much effect anymore, and it's possible the price could touch 3x from the current price.
I just hope that a better case for influencing the price of Bitcoin in the market can increase, because the bad case as you said is still very much on my mind and even the minds of some investors for now. But what still makes me a little surprised is why almost everyone always thinks about the bad case, while they just forget about the good case that happened in the past.

Too often remembering bad cases will only slow down our decision to move forward as we have done before, because fear always arises when we remember bad things and it will not lift our spirits to continue working and fighting in the crypto space. So don't remember too many bad things if you still believe in an increase in the price of Bitcoin for the next year.
sr. member
Activity: 1722
Merit: 252
December 17, 2022, 11:09:47 PM
#66
the bitcoin trend will usually go up after the previous year it sank, if we look at the trend for several years there seems to be the same pattern, for example a 4 year trend, a 2 year trend and so on, I'm sure that in 2023 the price can rise again, there may be a big case that creates panic like LUNA and FTX but it won't have much effect anymore, and it's possible the price could touch 3x from the current price.
legendary
Activity: 2534
Merit: 1338
December 17, 2022, 10:01:08 PM
#65
I'm not a prediction expert, even those who are experts are sometimes less accurate in predicting the price of bitcoin in the near future.
As far as I know bitcoin cannot be predicted in the long term but the long term never disappoints, and taking advantage of the decline to accumulate is very wise and without thinking about the price of bitcoin in the short term because it is certain that in the future the price of bitcoin will increase.
2023 is only a few weeks away, I don't think the bitcoin price has shown great movement and also I think 2023 will be the same as this year, maybe there will be only a slight increase or maybe there will be a deeper decline. So for me let bitcoin run as it is, and it will eventually go up in time.
2023 is most likely going to be yet another difficult year for bitcoin, as it is not as if the economy is going to improve too much during this time and we are still in a part of the bitcoin cycle that can be very negative for its price, so while I do not wish for more disasters like what we saw with the FTX exchange to keep happening, we need to prepare just in case it happens, and while performing a DCA strategy would be a good thing during the next months, it is also important to have some cash in reserve so in the case we have some unexpected expenses we do not have to sell our coins.
STT
legendary
Activity: 4088
Merit: 1452
December 17, 2022, 05:22:52 PM
#64
Range bound for this year and then next year it will attempt to leave this box via any means necessary .  most likely price action breaks the weakest point but that might not be apparent or correct at first attempt


Biggest clue is the way 50 day average caps us, we are at most neutral in our progression and its hard to predict the whole of 2023 on an determined process presently.    After the last few days I do presume we must test the bottom of this ranged box we're in.  When the negatives fail or run out of energy (which can be about time also) then we once again attempt to build.
   Till I see different I must presume 2023 is more of the same, very close to what we have now.
hero member
Activity: 2590
Merit: 644
December 17, 2022, 04:49:12 PM
#63
I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?
In 2016 to 2017, Bitcoin price was around ±$1700, hence the 2018 bullrun of ±$17k Bitcoin price. If the Bitcoin price before the 2021 bull run was ±$6k, then the 2021 bull run Bitcoin price could reach ±$60k, this is 10x the previous price. If in 2022 to early 2023 the Bitcoin price closes at ±$10k to ±$ 15k, then the 2024 bullrun or the next bullrun can reach a price of $ ±100k to ±$150k.
The price I mentioned is not 100% real, but only an adjustment. You can see in cmc history in every bull run and before the bull run.
^ In 2024 it was expected that there is a BTC halving and I don't believe the BTC price will reach this $100k range.
But I think after a year that halving successfully occurred BTC price will raise like the other previous years that happened. For now, it is unclear to make a prediction because as I see, the BTC price reaction depends on what happens outside. It depend usually on the fundamental analysis, not on the technical analysis. People keep saying that the repeat itself of predicting price really worked. My prediction is BTC price will still struggle to pump up next year.
sr. member
Activity: 1587
Merit: 271
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December 17, 2022, 02:07:47 PM
#62
I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?
In 2016 to 2017, Bitcoin price was around ±$1700, hence the 2018 bullrun of ±$17k Bitcoin price. If the Bitcoin price before the 2021 bull run was ±$6k, then the 2021 bull run Bitcoin price could reach ±$60k, this is 10x the previous price. If in 2022 to early 2023 the Bitcoin price closes at ±$10k to ±$ 15k, then the 2024 bullrun or the next bullrun can reach a price of $ ±100k to ±$150k.
The price I mentioned is not 100% real, but only an adjustment. You can see in cmc history in every bull run and before the bull run.
sr. member
Activity: 2366
Merit: 448
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December 16, 2022, 09:24:38 PM
#61
I'm not a prediction expert, even those who are experts are sometimes less accurate in predicting the price of bitcoin in the near future.
As far as I know bitcoin cannot be predicted in the long term but the long term never disappoints, and taking advantage of the decline to accumulate is very wise and without thinking about the price of bitcoin in the short term because it is certain that in the future the price of bitcoin will increase.
2023 is only a few weeks away, I don't think the bitcoin price has shown great movement and also I think 2023 will be the same as this year, maybe there will be only a slight increase or maybe there will be a deeper decline. So for me let bitcoin run as it is, and it will eventually go up in time.
hero member
Activity: 1050
Merit: 844
December 16, 2022, 06:06:34 PM
#60
I'm not predicting a worst case scenario for 2023 even though we are currently at the worst end for 2022, I believe the second quarter of 2023 will recover the crypto price and hope it will stabilize above $20k but if another big FUD news comes it will be very vulnerable to hit the market lower below $14k after the last historical ATH was reached. Actually I can't believe BTC price is back below $20k but the impact of FTX and Luna is worst because both cases have destroyed investors' confidence in the exchange and market price.
Because investor confidence was destroyed this year as a result of the two major cases that occurred this year, for next year investor confidence will not immediately return to the market and Bitcoin even though it is still very slowly possible for the market and Bitcoin to recover. But it's definitely going to take a little longer than last year or more than usual, because it's about the lost confidence among investors.
sr. member
Activity: 1372
Merit: 348
December 16, 2022, 05:50:07 PM
#59
I agree that its not good and its not going to be good for a long time as well. Its a hard prediction because 2023 is unlike any other year, it's not looking like coming off a recovery, it's not coming of a bull run, its looking like it accepted bear run and then stable afterwards. That is usually not that common, either we are in a bull run and going up, or we are in a bear run and go down, right now its not going down much, and its not going up, sure there are 5-10% moves but those are small for crypto and it looks like we are just stable which is usually very unlikely scenario for crypto since it is known to be super volatile, nothing small like we are seeing.
I'm not predicting a worst case scenario for 2023 even though we are currently at the worst end for 2022, I believe the second quarter of 2023 will recover the crypto price and hope it will stabilize above $20k but if another big FUD news comes it will be very vulnerable to hit the market lower below $14k after the last historical ATH was reached. Actually I can't believe BTC price is back below $20k but the impact of FTX and Luna is worst because both cases have destroyed investors' confidence in the exchange and market price.

There is a bold person that predicted Bitcoin will go up $250k  six months from now.  I read an article from cointelegraph a few days ago and this thread reminds me of the bold prediction of that person.  Although it is baseless, he believe that Bitcoin will only need six months (about middle year next year) to be in $250k price.

I found it insane but of course I hope it will happen even my logic say it is impossible.  If you wanted to read the article, you can find it here: https://cointelegraph.com/news/tim-draper-still-positive-on-250k-bitcoin-price-prediction-in-2023.

and this is the reason why he thinks BTC will surge in about six months :

Quote
“I think this fiasco is going to bring on a lot more Bitcoin maximalists. Note that your money is not secure in a centralized system, whether crypto or fiat.”

hero member
Activity: 2282
Merit: 589
December 16, 2022, 04:59:14 PM
#58
I agree that its not good and its not going to be good for a long time as well. Its a hard prediction because 2023 is unlike any other year, it's not looking like coming off a recovery, it's not coming of a bull run, its looking like it accepted bear run and then stable afterwards. That is usually not that common, either we are in a bull run and going up, or we are in a bear run and go down, right now its not going down much, and its not going up, sure there are 5-10% moves but those are small for crypto and it looks like we are just stable which is usually very unlikely scenario for crypto since it is known to be super volatile, nothing small like we are seeing.
I'm not predicting a worst case scenario for 2023 even though we are currently at the worst end for 2022, I believe the second quarter of 2023 will recover the crypto price and hope it will stabilize above $20k but if another big FUD news comes it will be very vulnerable to hit the market lower below $14k after the last historical ATH was reached. Actually I can't believe BTC price is back below $20k but the impact of FTX and Luna is worst because both cases have destroyed investors' confidence in the exchange and market price.
hero member
Activity: 2828
Merit: 611
December 16, 2022, 04:21:06 PM
#57
I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?
I once asked a crypto expert about speculation and Bitcoin price predictions in my country.
said the expert.
For 2023 Bitcoin is a bit difficult to speculate and predict, not the same as Bitcoin prices in previous years, he realized that this year the crypto market was indeed difficult and difficult to predict analytically, he said it was caused by the negative things that had happened so far to many crypto trading exchanges, but he did not mention the exact direction of Bitcoin going forward.

The expert advised me if you do something with Bitcoin, follow your heart and mind, don't be guided by the news on the internet, that's the advice I can come up with, but he said Bitcoin will fall below its current price, he did not mention what the lowest price.

I think from the words of the expert, that at this time if we want to invest or trade the decision is up to us, good and bad choices we ourselves decide.
I agree that its not good and its not going to be good for a long time as well. Its a hard prediction because 2023 is unlike any other year, it's not looking like coming off a recovery, it's not coming of a bull run, its looking like it accepted bear run and then stable afterwards. That is usually not that common, either we are in a bull run and going up, or we are in a bear run and go down, right now its not going down much, and its not going up, sure there are 5-10% moves but those are small for crypto and it looks like we are just stable which is usually very unlikely scenario for crypto since it is known to be super volatile, nothing small like we are seeing.
legendary
Activity: 2128
Merit: 1775
December 16, 2022, 08:17:31 AM
#56
I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?
I once asked a crypto expert about speculation and Bitcoin price predictions in my country.
said the expert.
For 2023 Bitcoin is a bit difficult to speculate and predict, not the same as Bitcoin prices in previous years, he realized that this year the crypto market was indeed difficult and difficult to predict analytically, he said it was caused by the negative things that had happened so far to many crypto trading exchanges, but he did not mention the exact direction of Bitcoin going forward.

The expert advised me if you do something with Bitcoin, follow your heart and mind, don't be guided by the news on the internet, that's the advice I can come up with, but he said Bitcoin will fall below its current price, he did not mention what the lowest price.

I think from the words of the expert, that at this time if we want to invest or trade the decision is up to us, good and bad choices we ourselves decide.
hero member
Activity: 3164
Merit: 675
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December 16, 2022, 07:45:42 AM
#55
Is this an expert advise? We have to be guided with this little rally and resistance that bitcoin has done since the last week. It is true that the expectation for bitcoin this month to drop has not been felt but notwithstanding we don't have to jump in all in all for the expectation for bull early, at least DCA is still a better pattern to hodl.
No, that's not the expert's way of saying that "after $20,000 bitcoin won't stop" This seems to be in doubt.

Bitcoin is still not strong enough to rally and can only hold resistance but the price is back down meaning that with the pattern of resistance still not strong enough we are still at the lowest support point at the moment, you need to know that market expectations are still not strong enough to stop the decline so we have to stay big wait for this.

True DCA and Dips are still a great way to hold bitcoin, as strong as we can be we have to hold on and strong run buying bitcoin at any cost.
Resistance is still there and the market is not acting the way it should towards how we are right now. Let me put it this way, as soon as we start to do some good, there are some news that will put some doubt in peoples minds and the price goes down. What does this tell us?

There are some high upper people that has a lot of money, but not as much as us, so they are using us to make the price go down, if they wanted to drop it themselves financially, it wouldn't be possible because their money is not enough, but pay a few million to bribe some people and buy some media and you can in still doubt in peoples minds and they will start selling for you, in tune of billions.
hero member
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December 15, 2022, 01:20:32 PM
#54
As once Bitcoin crosses 20k usd, it won’t stop. And it’s better to buy and hold than regret. Let’s hope for the best.

Is this an expert advise? We have to be guided with this little rally and resistance that bitcoin has done since the last week. It is true that the expectation for bitcoin this month to drop has not been felt but notwithstanding we don't have to jump in all in all for the expectation for bull early, at least DCA is still a better pattern to hodl.
No, that's not the expert's way of saying that "after $20,000 bitcoin won't stop" This seems to be in doubt.

Bitcoin is still not strong enough to rally and can only hold resistance but the price is back down meaning that with the pattern of resistance still not strong enough we are still at the lowest support point at the moment, you need to know that market expectations are still not strong enough to stop the decline so we have to stay big wait for this.

True DCA and Dips are still a great way to hold bitcoin, as strong as we can be we have to hold on and strong run buying bitcoin at any cost.
hero member
Activity: 2814
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December 15, 2022, 01:05:45 PM
#53
~
I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?
Till now cryptocurrency market has all the favorable conditions without any regulators or restrictions but with major scams and exchanges funneling out money left and right and going bankrupt you have to believe that we might be seeing strict regulation in the next few years and that might change the cycle as well like we used to see in the past 3 rallies.

One thing is certain, halving is real and when the number of coins reduces that will make an impact in the market and we can only speculate as we are in unchartered areas as the market is barely a decade old and personally as an investor i would like to see the same kind of rally like we used to see and if that happens $100k would not be a huge barrier this time but only time will tell  Wink.
sr. member
Activity: 2366
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December 15, 2022, 11:36:04 AM
#52

As once Bitcoin crosses 20k usd, it won’t stop. And it’s better to buy and hold than regret. Let’s hope for the best.

Is this an expert advise? We have to be guided with this little rally and resistance that bitcoin has done since the last week. It is true that the expectation for bitcoin this month to drop has not been felt but notwithstanding we don't have to jump in all in all for the expectation for bull early, at least DCA is still a better pattern to hodl.
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