Topic: Bitcoin price guess, 2023 - page 5. (Read 2192 times)

The price of Bitcoin will not increase much in 2023, because the year 2023 end is not too late, and the price of Bitcoin is currently 26k. In 2023, if the price of Bitcoin is very high, it can rise to 35k to 40k. Because the year 2023 end is less than three months away. I don't think the value of Bitcoin will increase much. It will rise to a maximum of 40k.

I agree with your plan; the opportunity is still open and the time is quite long. I am also hoping that, as said by analysts, it can be realized, which means that there will be another correction before the end of the year. This is certainly a good opportunity to continue buying gradually while waiting for the halving era to come next year.Looking at past experiences, the halving period will gradually increase until next year it reaches renewable ATH.

I also see this as an opportunity that will come in Bitcoin for everyone so that the profitable maybe only some people who dare to buy at this time for a certain amount. Because everyone can also see the guideline on the previous halving where a very significant price increase occurred at that time and I also still believe that the next halving will also be like that, although maybe it won't be exactly the same as what happened in the previous halving.

Dollar dumping will continue one way or another, whatever happens. Way too many nations have dollars right now, and they are  to end up not needing it. Why would they keep on getting more and more dollars, what are they going to do it, burn it? Eventually they will need to keep it and they will need to make sure that they are going to end up making it look like that's going to work for them.

If you have dollars right now, would you really just keep it and that's it? You would end up doing something about it. This is why it's smart to make sure that you do what you do and as well as you do it with the money you have. Think of it as capital, you can sell it, get your own currency, and then build a bridge or a road or a hospital whatever with it.

You need to buy bitcoin partly. For example, every month for a certain amount. It doesn't matter if the price goes down or up. Next year there will be a fundamental event - halving. Historically, it has been 100% positive for the price because deflation increases. So you have the opportunity to make 12 or 15 purchases and then just wait for the price to rise again.

Even though it still looks difficult for Bitcoin to increase to the next price level this year, I still believe that the price is still possible to increase again on Bitcoin this year. As for next year, I think conditions won't be the same as this year so everyone can still expect different things to happen in the market and also in the price of Bitcoin. Well, if you are also still very confident about profits and brighter conditions in the next year for Bitcoin, you don't need to think about the price this year other than continuing to buy with what you have.

I would really be choosing $30000 - $40000 which its true that we are struggling now on breaking 30k resistance point on which it would really be that taking a while before we could be able to see

some breakout into this resistance and if ever it would be able to break out then 35k would be the next or simply having that +5k increment in terms of tough resistances and come to think that we are only few months left for this year of 2023 on which we do know that we are somewhat stagnant with the current price and there are no fundamentals or news around which could trigger out some
possible big movements. This is why on having that realistic approach then it would be on 30-40k which we do end up on this year.

The only thing i do believe on is on the time that we do see significant jumps is on the time that we are nearly on the halving event of Bitcoin or on the time or after of it.
We would really be seeing those movements that everybody is anticipating or been waiting for so long on which the bull run cycle.

I'm not entirely optimistic about August, but the $30k resistance could still be broken easily. If eventual price recovery does occur in August so bitcoin price breaks the $35k resistance then I think we will be very close to getting a bigger uptrend due to FOMO. But even though bitcoin still failed to break the $32k resistance in July, it was far more important to break than $35k.

About the end of the year, of course I can also expect $40k or higher, but let's look at the reality for August, September and October first.

I agree with you, but I still believe that Bitcoin will soon get enough value in the end of 2023 because at that time the preparation for halving would already be started and the price could easily cross at least $40k mark if the things continued in a well manner.

I also believe that in the month of October something really good will happen with the price of Bitcoin, and maybe at that time the Bitcoin could see a good increase in its value. During that month I expect that Bitcoin will break the barrier of $30k and it would be trading in $35k plus ranges.

This kind of price action of Bitcoin happens all the time. There is nothing to afraid of. If the price drops, it could be a good opportunity to invest. If the price goes up, we can buy it again because it will stay at a certain price. These price ranges offer a buying opportunity.

Bitcoin resisted very much at 29k. In the end, the price dropped from 29k, but it went up again. We still have time for the halving. It is natural to see such price differences.

I mean 2022 wasn't really that bad and I did make some profit at that time trading, Pretty much Bitcoin did a good job especially on adaptation this 2023 considering in the past year Bitcoin wasn't even that popular on social media, there are probably only a small percentage of people who knows about Bitcoin compared today. In my country, even banks are already supporting Bitcoin some of the most popular online banking here in my country already integrated cryptocurrency on their platforms and now you are able to buy Bitcoin on their banking application which is a good thing considering there are millions of users that are using this application meaning this millions of people can easily access and buy bitcoin as well.

Considering the price of Bitcoin in the past months I can say that Bitcoin is on the right track and slowly getting a lot of momentum, but right now only small traders are trading in the market, and we're gonna need a catalyst to trigger the market to skyrocket. It's possible that the Bitcoin halving event could be the one that is going to trigger that, if the market continues considering the significant adaptation of Bitcoin for sure we could easily surpass the pass all-time high, and in my opinion, 100k$ is really realistic on the next Bullrun.

Bitcoin price is a bit bearish in current situation but it is the best for us to buy. The current Bitcoin price could be more bearish than the current position, and that could be both good and bad news. It's normal for Bitcoin prices to go up and down because you can invest as much as you want, both short-term and long-term. The price of Bitcoin fell due to oversold pressure and prevented the price from rising. And waiting for the halving in 2024 is the only investment objective long-term investment is better.

The trend for 2023 seems to be still difficult to rise again, the price is only in the range of $ 30k and it seems difficult to go to a higher level, but for those of us who want long-term profits, the best thing is to keep buying, remember that there will be a halving in early 2024 day that will make us get profit.

The global economy is still not stable enough to predict things and this month (August) we are going to have a major event with the BRICS currency possibly being revealed which could be another huge step in the dollar dumping process.

For bitcoin this is both good news and bad news in my opinion.
It is a bad news because in short term it could cause more recession ergo put additional sell pressure on the market that prevents the further rises for the time being.
But it is also good news since it continues pushing the dollar value down and as US prints more dollars to cover the enormous budget deficit  and the additional costs in the trillions, that dump helps shoot up the bitcoin price.

It is still have impact tho the last time all analysis agree that fed will raise the rates from 5.5% to 5.75% and the market react it. the proof is my image below



The bitcoin price is down for 4%

it is because most of crypto owner is from the united states according to - Triple A survey - https://triple-a.io/crypto-ownership-data/

"United States   339,996,563   44,959,854   13.22%"

I don't think the Fed rate hike is still having a big impact on the market anymore. Since the beginning of the year, the Fed has raised interest rates twice and it seems that the market no longer overreacts every time interest rates are announced. So I think if the market has a big correction, the cause will not be the Fed. I still predict that the market will not rush to the upside from now on and still have a few corrections before and after the halving. But I don't believe bitcoin can drop below $20k again, I mean, we made a bottom for this bear season and it's over. Those who are still waiting for a lower low to buy may have missed it.

if the fed still raising rates yes maybe we will see another correction but i don't think it will hit the 15K but I might be wrong too 

today price still held at 29K level

Well, the speculations are that the Bitcoin price might see a significant drop from $29k-$30k and plunge to below $20k in the coming months. I think the price of BTC at the end of 2023 will be somewhere between $15k to $22k (I might be wrong). We will see a new ATH in 2024 after halving.

Yes at least this year there is an upward trend and also yes bitcoin seems locked at 29-30K level I mean is good tho. I would rather like when price do accumulation and sideaway like these rather than continue to down.

The FED raise the interest rate by 25Bps and there is a possibility that interest still going up in the September and you all guys know that September usually become a SADtember and everything would be red including the stock market as well.

So maybe these bleed end on November 2023 maybe price could hit 35K level.

That's possible, since the beginning of 2023 we have seen a lot of positive trends and even now prices tend to be at prices that are always close to 30k and in my opinion that is quite positive considering we entered at the beginning of 2023 with prices below 20k and now starting to move up.
In my opinion, this year there has not been a significant movement and I believe the price will remain around close to 30k for a long time this year.