Topic: Is right or wrong that bitcoin price will up to $160k in 2023? - page 2. (Read 1093 times)

Hey you’re right when Bitcoins initially reached $1k everyone was happy about it, suddenly down the line it hits 20k and now people will only be happy again want they see those levels. I feel that we may achieve $8k in the short term, and $12 - $15k by the year end as we’re witnessing stability in bitcoins prices. Also I don’t think anyone can predict about 2023, but I’ll be happy to see bitcoins prices going upwards as usual.

This prediction to happen compared to the $160k in the year 2023. Maybe the highest will be $100k each bitcoin.
Once it reach we will earn more profit again and you will be worth it your waiting or being patient.
But still we do not know what is happen to the bitcoin.  But it's good to see $160k but we are expecting the possible to happen.

ok wait let me get my crystal ball , znnnnnnnnnnnn . sorry my crystal ball says that we would be in a bear market in 2023, falling from 2021 ATH 70k and trying to find support at 20k.

Its a bit hard to believe however 1000 was seen as very high for a long time after the peak in 2013.    Then next thing we know it went way past then and even now its not close and with people somehow being gloomy about the price, long term its gained massive still.

In that context I guess more then 20k is possible.     Lets say 10x previous peak, that makes it 200k.    To me that seems silly and unlikely, but in proportion comparison I guess its not fair to dismiss it completetly.    Just regaining 20k would surprise me thats just how I feel but alot can happen in 4 years

No one knows whether this is going to happen. If anybody knew, nobody would sell it at $5000. lol. 4 years is a long time, and it is impossible to analyze for 2023 for the system created 10 years ago.

I think $160k is maybe a bit high for the next bull run, but I would put that in the realm of possibility.

Personally I think the next bull run will peak in 2021 or at latest 2022. I think by that time 2023 bitcoin will be sitting back at the bottom of the market like around $30k or something, or perhaps it'll even be just starting the following bull run. I think the two main theories are the 4 year cycle and the ever increasing cycle. If the ever increasing cycle is correct then yea I could see 2023 and $160k peak happening. But if it sticks to a 4 year cycle and we see a peak by the end of 2021 I think it'll be more like $110k - $120k would be my best guess.

We can't predict the price, but i think the price will be over 60,000$ for 1BTC on the year 2023 or maybe before and most people who will hold 1 bitcoin or less or more until that time will make a nice profit if but bitcoin now or before when price is where is.

I don't know, we still don't think far there. even now we don't know for certain that this bitcoin price increase will continue or vice versa. and certainly, we all hope that will happen in 2023.

I think is wrong to say that bitcoin will have that price on time , but i think the price of bitcoin will be much more in 2023 that is now and will be over 50k$ , just my 2 cents.

We don't know if that number will be truely happen in the future or not. People are free to make a prediction, and even they can make a prediction and say that bitcoin in 2023 will be at $1,000,000. I will leave that prediction in my table because it still 4 years later from now and I don't want to think seriously because if the price can increase in that number in that year, so be it. Let us back to reality and enjoy the price now

In my opinion I think it is wrong prediction that bitcoin will become $160k in the year 2023. Take note we are in the year 2019 and the bitcoin still not recover and before we predict that price better for us to recover first the market before we proceed to the higher value for the bitcoin. But the highest value for me and possibility to happen is between $50k to $100k and afrer that it will down and they going to die.

It is an excellent point of view and, seeing the analysis of the image that is shown, it is not so far from reality. Although the predictions will always be just that, we must add that bitcoin is becoming increasingly popular all over the world, people are getting to know this technology that frames the coin, many executed and nascent projects, show the way to bitcoin.

If we take into account positive news, it is likely that its impact will occur in the long term, the graph that is shown, I interpret it more from a fundamental analysis than from a technical analysis, because most of the fundamental analysts can conclude with those results , considering the possible bearish scenarios, we can not rule them out, we are only in 2019, in 4 more years, it is likely that you have completed the accumulation phase and be prepared for Bitcoin to have new highs.

But you have to remember something very important, Malkiel Burton, author of the book "A random walk by Wall Streeth," he said, that the fundamental analysis falls, when events of a fundamental nature occur, for example: A war, would be sentencing the end of this prediction or projection, since it is a purely digital market and, in a war, it is very likely that faults will occur in the Internet service, Electric Fluid, among others, and the panic that would occur in the operators, which it would generate a general fall in the market.

If $160K was the next all time high then the price will surely get dumped after that due to bear trend because bull and bear market is the thing making the crypto to be profitable and interested among the investors.

That is still a prediction, but I think it will be difficult for bitcoin to go for $ 160k in 2023, and I think the price will range from $ 10k - $ 15k.

Jan 2013 Bitcoin was $10
Jan 2018 Bitcoin was $14000

That's 140000% increase.

If we bluntly interpolate that towards 2023, Bitcoin would be just under $20M.
So $160k is actually a very reasonable estimate for august 2023.

P.S. FUD has always been around Bitcoin

This predictions would bring much interest as it's far from the current value and with serious adoptions which is still ongoing, who knows what future will bring to this industry and how far the new high might be, we only can speculate and hope things will come accordingly.

If fate of this market will be positive, reaching such amount of value is still possible to achieve.

true or not, no one knows that. but we all still expect very high prices to occur. but, within 4 years, it is quite difficult to think about it, especially if there will be another FUD that will make people doubt. but we all expect high prices.

$160k prognosis is Aug 2023.
The graph has been off by only a few days so I would say that it is highly likely. And not impossible...

And $160k is the ATH not the stable price. After $160k it will most likely dump back to $20k-30k.

Agreed, by the days earlier to the price pumping towards $20k, everywhere the market speculations were focused on ₹7000-$10000. Even when some predict as $25k and all everyone looked it imaginary. As it reached it was a surprise as each and every cryptocurrency turned towards massive growth. In such a way similar growth could happen now too. Let's wait with patience as it is far away to the present year.

Bitcoin price prediction can only be much possible on a daily basis but to predict it in the long run, I don’t believe that any Technical analysis or fundamental analysis can really see the long time future of BTC.

Most traders has been successfully predicting BTC on a daily basis for the purpose of short term which shoes that it is actually possible to make a prediction but not for long term. For long term, the market itself will show us as time goes by, we just need to focus on trading for now while we wait to see what our long term investment has in store for us.