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Topic: Is right or wrong that bitcoin price will up to $160k in 2023? - page 4. (Read 1013 times)

sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
There is notting wrong for bitcoin to do too well in future and if in 2023, bitcoin get to $164,000 or above I believe it is a welcome development and many of us that has been holding our coins will definitely benefit from it.
Such form of development will surely get the attention of people and are much awaiting for such a growth holding all the assets with patience. A massive adoption could help with a wild growth, which we experienced with the previous price pumping. Any form of growth and fall could happen we need to be ready to face it and get the best through the same.
sr. member
Activity: 882
Merit: 269
There is notting wrong for bitcoin to do too well in future and if in 2023, bitcoin get to $164,000 or above I believe it is a welcome development and many of us that has been holding our coins will definitely benefit from it.
full member
Activity: 994
Merit: 103
Mcafee and other bitcoin bulls told us that bitcoin will hit 1,000,000$ by 2021 so by 2023 it will go up even higher. But its only a prediction there is no proof that bitcoin could hit that price. Just wait for good the things that will happen.
full member
Activity: 470
Merit: 102
2023 is a long time in crypto time I guess is the most positive thing you could say in favour of this prediction but I will disagree and I say I think its unlikely by itself.   The only way I imagine this target occurring is with a far lower dollar value (DXY=50?) and lower usage of dollars for international trade.   Its likely true that if BTC took over even 1% of the trade performed in USD across the world then BTC will rise beyond imagination, just because theres far less supply available for usage so greater division of each unit and a higher price is likely then

Another way to look at it would be the giant support USD receives, the DXY or dollar index is the value of currencies it trades against or exchange rates but each of those parties seems motivated to continue keeping dollar where it is.   BTC does not have that support, its only going to gain support from great efficiency and ease of use imo as the users cannot be expected to be sophisticated in their normal usage

I'll repost the image for convenience -


From the data that you provide, I see price movements when there is halving, the price will go up to be very expensive, maybe it's also because of the influence of bitcoin which is getting harder to get, making the price of bitcoin more expensive like this.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
2023 is a long time in crypto time I guess is the most positive thing you could say in favour of this prediction but I will disagree and I say I think its unlikely by itself.   The only way I imagine this target occurring is with a far lower dollar value (DXY=50?) and lower usage of dollars for international trade.   Its likely true that if BTC took over even 1% of the trade performed in USD across the world then BTC will rise beyond imagination, just because theres far less supply available for usage so greater division of each unit and a higher price is likely then

Another way to look at it would be the giant support USD receives, the DXY or dollar index is the value of currencies it trades against or exchange rates but each of those parties seems motivated to continue keeping dollar where it is.   BTC does not have that support, its only going to gain support from great efficiency and ease of use imo as the users cannot be expected to be sophisticated in their normal usage

I'll repost the image for convenience -

sr. member
Activity: 2618
Merit: 439
Most probably in 2026, lol. In theory though, there's no right or wrong in terms of making our prediction. But sometimes it's better if we think logically though. $120K is like 6x of our last all-time-high, so it is possible to reach that high in the next 4 years?
sr. member
Activity: 1792
Merit: 264
everyone is free to argue about the predictions of bitcoin prices in the future, some of them are optimistic that the movement of Bitcoin prices can increase sharply in the future, but before a sharp price increase there is a possibility that the price of bitcoin could reach its lowest point because it has been proven in previous years, therefore we must be able to take advantage of market conditions to be able to add investment assets that we have
sr. member
Activity: 1512
Merit: 316
Everybody can be right or wrong in their own self predictions. If the charts were accurate then most of us here would be doing research about how to understand and use it but sad to say it is not. The market trend depends if people or companies will put more money in the market, not by some charts based only.

Everyone who knows and believe in the crypto currency will know that price will surely be growing and at present value it will grow many folds from here. Now will grow above 50k or 100k should be the first question.Will it be able to sustain such high values should be another .
hero member
Activity: 2646
Merit: 686
Everybody can be right or wrong in their own self predictions. If the charts were accurate then most of us here would be doing research about how to understand and use it but sad to say it is not. The market trend depends if people or companies will put more money in the market, not by some charts based only.

I don’t agree with the chart predictions as bitcoins prices are determined by supply and demand not by charts. While I respect people opinions regarding bitcoins prices, some people tend to make exaggerated claims which even they know won’t happen like the op has made about the charts. Also we’re a long way from 2023 we should focus on current events, and hope bitcoins prices continue to rise upwards in 2019.
full member
Activity: 1302
Merit: 110
SOL.BIOKRIPT.COM
Everybody can be right or wrong in their own self predictions. If the charts were accurate then most of us here would be doing research about how to understand and use it but sad to say it is not. The market trend depends if people or companies will put more money in the market, not by some charts based only.
full member
Activity: 460
Merit: 100
Today I find an interesting graph about bitcoin price trend, this chart predicts the possible price of BTC in the upcoming fourth bull run

From the first bull run to the upcoming fourth bull run, bull runs usually become more prolonged, and a bit less intense over time.

In the fourth bull run, the highest price of BTC will up to $160k in September 2023 rather than  2021 commonly assumed, and in October 2019 BTC will crash down $3000, from October 2019 to January 2020 is the lower price period of BTC, and it will be the best time to invest.

What this chart presents matches up with an article I read earlier, the gist of that article is that the lower point of BTC price may appear after September 2019, rather Jan 2019
I don’t know what algorithm does this chart uses, maybe itself no algorithm.

what you do think about the viewpoint of this chart, please leave your comment or viewpoint.

image url:https://ibb.co/TK5my5T

It's till a speculation mate which is no assurance whether it will be happen or not. But, being a positive in bitcoin is not quite bad instead its help ourselves to be more courage and avoid discouragment about blockchain industry. I hope, you will lget ucky by predicting the upcoming bullrun in the future.
full member
Activity: 2128
Merit: 180
Sad to say we can't predict if the price per bitcoin will become $160k. But, it is possible to happen if in the next few years we will experience bull market. Some people predict that bitcoin will raised up to 1 million usd but do you it is really possible?
Well, I don't blame those that make such speculation as everyone is entitled to his opinion and I believe that is what are shown to the world.
There is no right or wrong, we can predict at any price we want because this market has the chance to hit that. I don’t want to expect for a more expensive bitcoin, I just want to have bitcoin at a cheaper price so hopefully I can still have more chance to own bitcoin. 2023 can be a great year for bitcoin, hopefully.
member
Activity: 574
Merit: 14
Anything is possible with bitcoin, It will be nice to see bitcoin hit such high levels as it will make a lot of the early adopters rich.Such will only be possible if bitcoin is used to support a 3 Trillion dollar economy. The downside is that it will create some extremely rich persons (richer than some countries) which may not be heathy for society.
sr. member
Activity: 602
Merit: 252
Sad to say we can't predict if the price per bitcoin will become $160k. But, it is possible to happen if in the next few years we will experience bull market. Some people predict that bitcoin will raised up to 1 million usd but do you it is really possible?
Well, I don't blame those that make such speculation as everyone is entitled to his opinion and I believe that is what are shown to the world.
Agreed, by the same time it is a must to get to the market situation. As of now a large level adoption from top firms operating globally will make a big change. People never had a thought that bitcoin will reach $20000, but it happened and now people expecting for $20000 and in this way $160k too is possible.
sr. member
Activity: 1330
Merit: 291
Sad to say we can't predict if the price per bitcoin will become $160k. But, it is possible to happen if in the next few years we will experience bull market. Some people predict that bitcoin will raised up to 1 million usd but do you it is really possible?
Well, I don't blame those that make such speculation as everyone is entitled to his opinion and I believe that is what are shown to the world.
legendary
Activity: 2450
Merit: 1855
Leading Crypto Sports Betting & Casino Platform
A prediction of this style, is to attract many more investors in the market, which is something excellent, I really do not know how to get that number, but from 2014 to 2017 Bitcoin ended its accumulation period, so Bitcoin went up to 20k, represents a large amount of money, this year we are in the same phase of accumulation by 3.8K, it would be excellent to finish that accumulation period, wait for the upward trend ... so we could study the volume to determine how much it can go up. I am anxious to reach the 160k, the volume of money would be incredible, it would be a bomb and a total madness that the bitcoin world needs, I can not predict it, but I know that the phases of the market are being fulfilled, we just have to wait.
sr. member
Activity: 826
Merit: 265
Base on all the speculative anwers and predictions i gather in this forum,i guess $160k is nore enough reasonable than what the “Great” John McAfee says that in 2020 we will hit $1,000,000 bucks lol

But seriously,i believe that in 5 years time everything will change specially in bitcoin price because the adoption is surely be worldwide and many people will finally invested on us
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
What is wrong with that  many people will be happy especially long holder's of bitcoin if the goes to $160k in the near future because all user will be benefit on it. But of course  its hard buy of full bitcoin and the fees will higher. There's a good and also there's a thing that need to be considered.
sr. member
Activity: 1274
Merit: 263
It will not happen the price of $160,000 in 2023 why? It because possible for the bitcoin will not increase more than  50,000 dollars if that happen. And also for the bitcoin who are possible to die because it takes only few years bitcoin in the cryptoworld and I think even still there the bitcoin the value is very cheap and we have new bitcoin in that year for me only that I think I don't know what other people really  think about that.
legendary
Activity: 1806
Merit: 1521
If people knew that bitcoin would be 40 times its current price in just 4 years believe me they would invest into bitcoin heavily and insanely, all of us would buy bitcoin like crazy, hell I would sell every single thing I own in my possession for dirt cheap just to get there, I would sell my bed and my wardrobe and my fridge and live like a peasant 2000 years ago just to get those money x40, yet we have no idea if it will happen or not, there is not a single chance to know that.

Of course it can't be known. Nobody can tell the future. But I've been here since 2013 and I was betting on the 2017 bubble for good reason. And I'm betting on the next one too. The trend is your friend. As long as the trend continues, there's no reason to bet against it.

Fundamentally, we have every reason to believe the growth will continue. Bitcoin is gaining more users and becoming more entrenched in culture all the time. On this path of growth, and with such a scarce supply, price is bound to keep rising over the long term.

Predicting the exact number the bubble will top at is silly because it's unprecedented. You can't predict where supply will enter or when demand will dry up. $160K seem on the low side to me (based on past bubbles) but who knows?
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