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Topic: Bitcoin high prediction 2023? - page 5. (Read 1308 times)

legendary
Activity: 2576
Merit: 1655
December 12, 2022, 08:39:26 AM
#31
Yeah, have to agree with what Lucius says about cycles. They're there and I believe at least some form of a cycle has to take place -- whether or not it will be as predictable in timeframe or in amplitudes (highs and lows) is another thing entirely.

Yes, and unless we break it in this 4 year cycle, then it will have to take place. I understand that there are proponents who says that we might see a super cycle or it will be broken into 2 small cycle because bitcoin narratives have change. However, I think it will remain and continue to hold true as 2022 is the start of the bearcycle.

And then we have the so-called Black Swan events -- March 2020 stood out in the last cycle, but I see now people are quick to call Terra and FTX black swans (to me, completely rendering the term useless as Black Swans shouldn't happen so often and their impacts should be extremely severe!).

As I have said in the previous post, this so called Black Swans will have to happen in a bear market, like you mentioned the Covid-19 March 2020 was the one in the last bear cycle. Now we have the Terra Luna and recently FTX collapse, this event is inevitable, someone or something will have to happen to bring the market down and reach capitulation or order for us to rise again in the bull run.
sr. member
Activity: 903
Merit: 391
December 11, 2022, 11:35:50 PM
#30
After 2022 there was a lot of turmoil from several big cases such as LUNA and FTX then I'm sure that investors are getting smarter now so that 2023 will skyrocket again, don't worry about the future of bitcoin, many experts say that in 5 years the price of bitcoin can reach 10x at its current price of around $175k.
Try to mention the names of the experts who say that here. Bitcoin has been used by many people and is more than 10 years old now. Now, if these experts can read Bitcoin's future for five years, try to say for what year, because making price predictions that high is not just talking nonsense, but always requires clear reasons or references for this.

So I'm a little curious about the experts mentioning that to you, because I never imagined Bitcoin for $175K myself. Because I will always feel very happy and very grateful if I can see Bitcoin at $ 75K without having to have $ 100K behind it.
legendary
Activity: 3024
Merit: 2148
December 11, 2022, 02:25:04 PM
#29
The halvening will be in the first half of 2024, and a bull market would start close to that time, maybe before it, but more likely after it. So I wouldn't expect any particular bullishness in 2023. Maybe there will be a small recovery, but most likely it will be a very stagnating year, like 2019 and first half of 2020.

Halvening cycles is the best thing we have for predicting trends, everything else is based on unknown variables, We can't know when a positive feedback loop of hype could start, but we know when the new supply is going to cut in half.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
December 11, 2022, 02:23:06 PM
#28
What cycle should we expect to see the price start picking, most investors are aiming toward Bitcoin halving to be the starting point of the uptrend movement, but then we must wait it out to see the outcome of the whole event and also that could take up to a year to fully reflect on the market price of Bitcoin. Just as mentioned by others who have commented on the thread, it's an impossible thing to do trying to speculate the timeframe for a cycle in Bitcoin. No doubt Bitcoin's previous chats are there to take note of previous events and cyclical movement but at what point exactly will the dimensional movement start is what most analysts failed to predict rightly, on a general note, I commend your general buying technique weekly accumulation of Bitcoin will help you reduce the risk of decline market movement after buying but accumulating on a steady base will also help you maximize the profit on a short term base, so whatever direction the Bitcoin market goes you will be in a an an encouraging conditions.
jr. member
Activity: 46
Merit: 1
December 11, 2022, 01:57:11 PM
#27
Bitcoin price performance I think will be similar to 2015. January price plummet followed by sideways action and another drop in late summer.. Then slow sideways action until December 2023. It’s quite a long wait until the 2024 halving. Price should start its grind upwards early 2024. I don’t see a bull run until mid 2025 tbh. Regulation is coming and “crypto” will suffer. But if you’re a long term bitcoin hodler that can DCA this is a blessing in disguise.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
December 11, 2022, 12:55:59 PM
#26
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?
As per usual 4 year cycle of bitcoin, we may have the current bear market only up to the first month of 2023 hence you may expect bitcoin market to recover somehow after that. 90% of chances of 2023 to remain as sideways market which include some recovery from the current price levels.

In 2024 mid, we have halving and usually the halving year is known for getting back to ATH. It means by end of 2024, bitcoin market may trade again around $60k levels. So, the current periods are very good opportunity for buying and holding and I am sure if you manage to buy now and hold then by end of 2025, you may see yourself richer by 10 times. Because, bitcoin market is known for growing 10x from ATH to ATH but now you get chances to buy lower than current ATH.
Usually the price of bitcoin rose not at the time of the halving but afterwards. So we should probably expect bitcoin to rise in 2025. As for 2023, I also think we should expect a sideways movement, but if you look at the annual price chart, we have a big red candle this year. According to statistics, a red annual candle is always followed by a green one.
full member
Activity: 1484
Merit: 101
December 11, 2022, 09:52:52 AM
#25
After 2022 there was a lot of turmoil from several big cases such as LUNA and FTX then I'm sure that investors are getting smarter now so that 2023 will skyrocket again, don't worry about the future of bitcoin, many experts say that in 5 years the price of bitcoin can reach 10x at its current price of around $175k.
hero member
Activity: 2926
Merit: 640
December 11, 2022, 09:21:32 AM
#24
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?
As per usual 4 year cycle of bitcoin, we may have the current bear market only up to the first month of 2023 hence you may expect bitcoin market to recover somehow after that. 90% of chances of 2023 to remain as sideways market which include some recovery from the current price levels.

In 2024 mid, we have halving and usually the halving year is known for getting back to ATH. It means by end of 2024, bitcoin market may trade again around $60k levels. So, the current periods are very good opportunity for buying and holding and I am sure if you manage to buy now and hold then by end of 2025, you may see yourself richer by 10 times. Because, bitcoin market is known for growing 10x from ATH to ATH but now you get chances to buy lower than current ATH.
copper member
Activity: 2268
Merit: 539
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December 11, 2022, 08:27:12 AM
#23

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?

How the heck do you know about this mate? You have seen the future? I mean without any proper evidence or proofs these types of proofs or assumptions are useless. If we see previous year graphs, then this is the time when Bitcoins grow in their price to be honest. Moreover you have bought the Bitcoins at a perfect price. If possible currently buy more Bitcoins in the current price. Hold it for couple of months, and I am pretty sure that you will see good profits. 2023 will be really big for all the Bitcoin investors.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
December 11, 2022, 08:22:24 AM
#22
Bitcoin's price will be higher at the end of 2023 than it was at the beginning, mainly because of the approaching halving in Q2 of 2024. Additionally, I anticipate that most countries will relax their economic policies after recovering from the effects of the war and pandemic, which will allow for gradual inflows of funds into investments around the world.
If you put it that way, I'd be waiting for the end of the year to see how much Bitcoin price will increase in the market. Because this year there are only 20 days left before entering the new year and that is a very short time.

I see the price of Bitcoin at the moment is always bouncing and I also don't know if that is a sign of increasing higher, or dropping to a lower price than before. Even though if we look at the global use of Bitcoin and cryptocurrency adoption it has started to spread to several countries at this time. And that's a very good thing for Bitcoin.

He is talking about the end of 2023 and the beginning of 2024, not the end of the year, we are in 2022 Grin. I don't know what his prediction is based on to say that the bitcoin price could rise from the end of 2023, but I will agree with him that the market will recover, bitcoin will increase in price as the world economy enters the recovery phase after war and inflation. Like the economic crisis in 2008, everything exploded and grew enormously after the crisis.
legendary
Activity: 2968
Merit: 3684
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December 11, 2022, 06:44:48 AM
#21
Yeah, have to agree with what Lucius says about cycles. They're there and I believe at least some form of a cycle has to take place -- whether or not it will be as predictable in timeframe or in amplitudes (highs and lows) is another thing entirely.

And then we have the so-called Black Swan events -- March 2020 stood out in the last cycle, but I see now people are quick to call Terra and FTX black swans (to me, completely rendering the term useless as Black Swans shouldn't happen so often and their impacts should be extremely severe!).
hero member
Activity: 1050
Merit: 844
December 11, 2022, 05:49:46 AM
#20
Bitcoin's price will be higher at the end of 2023 than it was at the beginning, mainly because of the approaching halving in Q2 of 2024. Additionally, I anticipate that most countries will relax their economic policies after recovering from the effects of the war and pandemic, which will allow for gradual inflows of funds into investments around the world.
If you put it that way, I'd be waiting for the end of the year to see how much Bitcoin price will increase in the market. Because this year there are only 20 days left before entering the new year and that is a very short time.

I see the price of Bitcoin at the moment is always bouncing and I also don't know if that is a sign of increasing higher, or dropping to a lower price than before. Even though if we look at the global use of Bitcoin and cryptocurrency adoption it has started to spread to several countries at this time. And that's a very good thing for Bitcoin.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
December 11, 2022, 05:33:24 AM
#19
Of course, no one can know exactly what will happen after a year or two, all predictions are analyzes based on typical Bitcoin price cycles during a previous price cycle.

Everyone here knows that the Bitcoin halving will happen in 2024 and according to the previous price cycles, it is likely that Bitcoin will reach a new peak during that time.
This is what happened during the previous price cycles, and this is what everyone hopes will happen this time as well, everyone is highly expecting it, but in the end anything can happen.

We can only wait and see what the market will do.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
December 11, 2022, 04:36:42 AM
#18
When you already plan to sell your bitcoin only when the price reaches ATH again, then you don't need to predict the bitcoin price in 2023. What I care about you is are you really patient enough to hold your bitcoin until the bull season comes because your question makes me doubt it. Another important thing that you need to take care of is your altcoin investment, you also think they can drop more, so why don't you consider cut loss and switching to bitcoin to avoid losing more?
hero member
Activity: 952
Merit: 541
December 11, 2022, 01:18:19 AM
#17
Who can predict with certainty what will happen to Bitcoin a few years later, no one can predict with certainty the price of Bitcoin at the end of the year before the 2023 calendar change.
You have to focus on the initial goal, hold all your assets until Bitcoin reaches the new ATH as planned. Now is the time to hoard Bitcoin flakes while the price is still affordable, long-term plans will make you earn big profits as long as you stick to the plan that was laid out from the start.
hero member
Activity: 2912
Merit: 541
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December 11, 2022, 12:42:45 AM
#16
I know nobody knows for sure, would just be good to get some thoughts from those who know the cycles and have been in crypto for many years.

I understand we have to wait until 2024 for the Bitcoin halving to really see prices go up but just curious to hear what can happen in 2023.

Are we likely to have a run up to £40,000 or something or is it likely to stay at low these low levels for most of 2023.
No one knows what can happen in 2023 but there will be two possibilities that can happen in 2023: the price can increase high or the price can decrease deeper than now.

Bitcoin has the possibility of reaching £40,000 or even higher but sadly, we won't know when that will happen. We can only guess based on the market charts by drawing lines from the movement of bitcoin so far and it's also not certain that it will really happen.

2023 may bring very good changes for bitcoin but it could also be that we have to wait until early 2024. The important thing is we have to keep waiting while trying to accumulate more bitcoins.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
December 11, 2022, 12:22:25 AM
#15
I know nobody knows for sure, would just be good to get some thoughts from those who know the cycles and have been in crypto for many years.
even those who have been here for many years aren't enough to tell you what is the lowest or highest mate because this market is unpredictable .
Quote
I understand we have to wait until 2024 for the Bitcoin halving to really see prices go up but just curious to hear what can happen in 2023.

Are we likely to have a run up to £40,000 or something or is it likely to stay at low these low levels for most of 2023.
40k in 2023? no one really knows but for me? i think that is over expectation mate , why not just contented on your belief that Halving will bring more chances than 2023 in which expecting to be more dumping than 2022?
sr. member
Activity: 2422
Merit: 357
December 10, 2022, 04:57:41 PM
#14
If you're hodling altcoins, it's tricky because a lot depends on which ones you bought, how long have they been around, did they manage to recover from 2018 crash (if they were around) etc. Some altcoins will recover with Bitcoin, but it's still a significant risk. Some might never recover.
As for Bitcoin, I think expecting $100k+ is reasonable, if not in 2023, then in 2024.
Many depends on Bitcoin and yes, not all altcoins will survive from this recent crash and maybe only few good tokens will remain in the market. 2023 will be a good year for recovery though I see Bitcoin to make its new ATH in 2024 where Halving hype will start to be on the market. Bear market is about to end, kudos to those good projects and coins who are able to survive, if you are buying right now that’s a good opportunity for you, just hold as much as you can.
hero member
Activity: 2464
Merit: 519
December 10, 2022, 04:36:16 PM
#13
Bitcoin's price will be higher at the end of 2023 than it was at the beginning, mainly because of the approaching halving in Q2 of 2024. Additionally, I anticipate that most countries will relax their economic policies after recovering from the effects of the war and pandemic, which will allow for gradual inflows of funds into investments around the world.
donator
Activity: 4760
Merit: 4323
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December 10, 2022, 03:15:47 PM
#12
I understand we have to wait until 2024 for the Bitcoin halving to really see prices go up but just curious to hear what can happen in 2023.
Are we likely to have a run up to £40,000 or something or is it likely to stay at low these low levels for most of 2023.
2023 could see mostly horizontal price movements which could rise as much as $40k or its equivalent in pounds and could also drop below $10k.
The market can also be affected by indirect events, like a hack, or some government policy which could raise the price momentarily or lower it.

My expectations would be a peak of maybe between $30k - $35k for 2023

- Jay -

My expectations are similar. I think we’ll see the price start creeping up as people begin to eyeball the halving, but the real fireworks take another year after the halving when the rubber hits the road as they say. If we do get institutional adoption, 2024-2025 will be some explosive years. The current recession expectations hint that the economy will be back growing by then and irrational exuberance will likely return. 
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