Topic: Bitcoin high prediction 2023? - page 6. (Read 1332 times)
We all hope the price will increase since the halving will take place next year, but we shouldn't jump to conclusions about the price increase. I understand how it feels to look at your portfolio. You should just exercise patience during times like these once you hold, and you will undoubtedly profit when the time is right. so let's all hope for the best is yet to come with time. it is always difficult to predict when the bull run will start all we can do now is hold.
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?
All I can say is that there could be a good chance that we might see another all time high. Or at least reach our previous highs of $69k. So just putting that numbers around, you might still be very happy buying today and then making huge profit if we hit that price. We will have a bitcoin halving in the 1st quarter of 2024, that will be a good gauge to see where the price will be in the future as we all know that it is the catalyst for a eventual bull run. And with that,, I would say you don't need to worry, just continue to accumulate and let the normal flow of the market come in 2024, maybe it could be $100k or higher or $50k. The point is that you could still make money if you look long term.
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.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.
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 -
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.
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.
If I get you right you are looking for predictions from old or early investors how the price were a year before halving. But before you aid to predictions just remember that jinx usually happen. There are other major things that influence its price. The growth of investors or adopters will affect it. Things like crash of exchanges like the FTX of this year will affect it. Say a bigger exchange like Binance suffers same feat.
Regardless of those stated worries i predict a bearish period between the starting of 2023 till the middle. After then we might experience bullish period till the end of next year.
It is my expectations that the second half of next year will be very interesting in terms of
-Pre-Halving- price movement.
We have seen this before and closer to the halving event a lot of people ask "is the halving
priced in?" and usually it is because the markets start to react about 6 months before
the halving happens.
It's impossible to say just how high we can go in 2024 but in the second half we should be
leaving the sub $20k long behind.
-Pre-Halving- price movement.
We have seen this before and closer to the halving event a lot of people ask "is the halving
priced in?" and usually it is because the markets start to react about 6 months before
the halving happens.
It's impossible to say just how high we can go in 2024 but in the second half we should be
leaving the sub $20k long behind.
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.
Isn't that too high for a market value? Also, a market price as high as that won't be more likely achieved for a single year only. Considering market behavior at this moment as we get close to the next year, things are really sketchy.As for Bitcoin, I think expecting $100k+ is reasonable, if not in 2023, then in 2024.
But regarding altcoins, indeed ut would be hard to determine which is which, but by quite doing a background check on the project, things might be lessen especially with the risk. In terms of altcoins ,only few of them are having price increase not in line with general market trend. As an investor you should be able to find those kind of cryprocurrencies. But for now that the market is having a hard time to recover, be patient and wait for the right time to invest.
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.
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.
It is not a problem for anyone to study what happened with Bitcoin from 2009 until today, and cycles are not a secret and something that is difficult to understand. What is important in the whole story is that there is always a possibility that what happened in the past will not happen again in the future.
In the context of the cycle, next year might be more positive, but how can you predict if something bad will happen? Any negative event like the ones we had this year would have a negative effect on the price, but also some big and positive news would have a positive effect. Never say never when it comes to Bitcoin, but somehow I'm not inclined to believe that next year there could be a price increase of even 100%, but miracles happen from time to time, don't they?
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.
As for Bitcoin, I think expecting $100k+ is reasonable, if not in 2023, then in 2024.
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.
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.
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?
Nobody here is a prophet to know what will happen to the Bitcoin price in 2023. Just like most tradable assets, what you will get will just be speculation from different members. You will have to wait it out, so what will determine how far you will HODL will be your level of patience or greed if you have any.Take care of some altcoins. Some of them will keep sinking lowered and lower until they are no more and abandoned, and you will lose your investment even after waiting, just like that.
I have been in crypto almost 1 year now and has been an interesting year to say the least. When I bought my first crypto in January I didn’t know anything about cycles and just started investing after a friend had been telling me for months to do so.
My portfolio is currently 40% down and I have just been buying weekly throughout the year and more when we have crashed and haven’t sold anything yet.
Up until today I had the plan of just holding and selling when everything gets back to all time highs again but I have just realised as I have been buying at these lows for a while now my average buys have decreased a lot meaning I don’t need my investments to go back to all time highs to see good returns.
I only started investing in Bitcoin after the June crash so feel I have a good average price currently as I have only been buying between £13k - £20k. Bitcoin I will hold until £100k at least but altcoins I own I realise I don’t need to wait for them to get back to all time highs to see good returns.
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?
My portfolio is currently 40% down and I have just been buying weekly throughout the year and more when we have crashed and haven’t sold anything yet.
Up until today I had the plan of just holding and selling when everything gets back to all time highs again but I have just realised as I have been buying at these lows for a while now my average buys have decreased a lot meaning I don’t need my investments to go back to all time highs to see good returns.
I only started investing in Bitcoin after the June crash so feel I have a good average price currently as I have only been buying between £13k - £20k. Bitcoin I will hold until £100k at least but altcoins I own I realise I don’t need to wait for them to get back to all time highs to see good returns.
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?
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