January bitcoin price out look - page 2.

Yaunfitda

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Quote from: laurenB7742 on January 18, 2023, 10:36:17 PM

Quote from: Piesel on January 18, 2023, 06:06:52 PM

Quote from: RILWAN on January 15, 2023, 05:42:46 PM

We are halfway into January and we are still around 20k Bitcoin price we may have a very slow growth in this period and since we are already above 20k the only time we can expect to end the month at a 25k price of we should be climbing up to around 22k before this week end.

some speculators are already predicting a further pull back since the price have dropped below the 21k within the last 24 hours.

But if tge price of Bitcoin can really recover up to 22k in thos months only then we can expect to see a significant bull come back with a lot of recoveries to do in the coming month if all things keep being equal and on a positive appetite.

The highest we have in recent days is 21.5k which means the distance to reach 22k is not too far, so if it can reach 22k, there is no guarantee there will be a rally in significant prices occur. I still suspect that what's going on is more of a trap than a real bull run, even though many people argue that no one can manipulate the market for such a long time (we've rallied over 7 past days). Bitcoin has dropped in the last 24 hours because of some bad news, but in my opinion, bitcoin will still rise again to complete the trap.

Yes, we also did touch $22k, but it seems there are a slight sell off -2% in the last 24 hours, so we are back into the $20,700 range. That's why quickly it gets liquidated, and we are still way below $1 trillion total marketcap.

Hopefully this setback is just temporary, we wanted to see if we can attempt at $22k and solidify around that price and perhaps if the market sentiments continue to be positive, then maybe not just $22k but maybe in the range of $25k could be the target next.

laurenB7742

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Quote from: Piesel on January 18, 2023, 06:06:52 PM

Quote from: RILWAN on January 15, 2023, 05:42:46 PM

We are halfway into January and we are still around 20k Bitcoin price we may have a very slow growth in this period and since we are already above 20k the only time we can expect to end the month at a 25k price of we should be climbing up to around 22k before this week end.

some speculators are already predicting a further pull back since the price have dropped below the 21k within the last 24 hours.

But if tge price of Bitcoin can really recover up to 22k in thos months only then we can expect to see a significant bull come back with a lot of recoveries to do in the coming month if all things keep being equal and on a positive appetite.

The highest we have in recent days is 21.5k which means the distance to reach 22k is not too far, so if it can reach 22k, there is no guarantee there will be a rally in significant prices occur. I still suspect that what's going on is more of a trap than a real bull run, even though many people argue that no one can manipulate the market for such a long time (we've rallied over 7 past days). Bitcoin has dropped in the last 24 hours because of some bad news, but in my opinion, bitcoin will still rise again to complete the trap.

len01

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Quote from: Ojima-ojo on January 05, 2023, 07:20:24 AM

Events in the last few weeks have drastically affected bitcoin price as the price of bitcoin has struggled to remain around $16k with heavy resistance to push above 20k in the last few days into 2023.

Since the FTX and LuNA crises started Bitcoin has struggled to retain its previous price before the attack which was around 25k-30 benchmarks.

The question now is with the current bitcoin price outlook what is the possible bitcoin January price outlook you can speculate on based on your personal market analyses?

source

OP made a thread on 5th january 2023 and the price was at $16 almost to $17k and on 11th january bitcoin started to show a figure level of $17k more and after that it continued to improve for several days until it peaked better on 18th january at a price of $21 k.

my speculation for January is that it is possible that bitcoin will return to resistance in the price range below $ 19k and it will last a few months.

Piesel

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Quote from: RILWAN on January 15, 2023, 05:42:46 PM

We are halfway into January and we are still around 20k Bitcoin price we may have a very slow growth in this period and since we are already above 20k the only time we can expect to end the month at a 25k price of we should be climbing up to around 22k before this week end.

some speculators are already predicting a further pull back since the price have dropped below the 21k within the last 24 hours.

But if tge price of Bitcoin can really recover up to 22k in thos months only then we can expect to see a significant bull come back with a lot of recoveries to do in the coming month if all things keep being equal and on a positive appetite.

uneng

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Quote from: crzy on January 14, 2023, 04:56:47 PM

Quote from: STT on January 14, 2023, 04:40:26 PM

Very strong action but as always the true strength is in the pullback occurring whenever that is. Ideally price action should stay above the lows of 13th which could be a longer term show of support/resistance and then the 2 day is at 20k now.
I wont say the 200 day average doest matter but for now its more important we get a change in direction for that longer term show of inertia and have it together with the 50 day MA ascending back upwards. [today its flat and 50 week in decline still] If both these gains keep happening beyond just a brief spike of energy we'll be way more bullish. We'll build volume and repair the prior weakness in trading.

Pullback is possible as the price is already oversold but it will just temporary since the market is going to pump already. Its good to see this price level again, and to OP you don’t need to wait for the month end because Bitcoin already hit your prediction. We might stay on this level for a while and once ok, the pump will start to happen again. Probably, $22k at the end of January is already a safe prediction.

Big pullback today from 21,400$ to 20,600$ in a matter of 1 hour, with slight recovery bringing BTC back to 20,900$ again at this moment. Compared to the previous correction 4 days ago which brought BTC to 20,299$, it's still good news to see the currently correction wasn't deeper than the previous one. However, by the end of the day charts must be watched, so we can conclude if this correction will have major impacts over investors' optimism today. Bitcoin has to maintain position above 20,000$, otherwise I fear we can return to 16,000$ or even less.

RILWAN

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We are halfway into January and we are still around 20k Bitcoin price we may have a very slow growth in this period and since we are already above 20k the only time we can expect to end the month at a 25k price of we should be climbing up to around 22k before this week end.

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Quote from: crzy on January 14, 2023, 04:56:47 PM

Quote from: STT on January 14, 2023, 04:40:26 PM

Very strong action but as always the true strength is in the pullback occurring whenever that is. Ideally price action should stay above the lows of 13th which could be a longer term show of support/resistance and then the 2 day is at 20k now.
I wont say the 200 day average doest matter but for now its more important we get a change in direction for that longer term show of inertia and have it together with the 50 day MA ascending back upwards. [today its flat and 50 week in decline still] If both these gains keep happening beyond just a brief spike of energy we'll be way more bullish. We'll build volume and repair the prior weakness in trading.

Pullback is possible as the price is already oversold but it will just temporary since the market is going to pump already. Its good to see this price level again, and to OP you don’t need to wait for the month end because Bitcoin already hit your prediction. We might stay on this level for a while and once ok, the pump will start to happen again. Probably, $22k at the end of January is already a safe prediction.

I wouldn't hold out much hope that the current growth will last. Remember August, where bitcoin rose for half a month and then fell sharply. There was a similar situation in December. Of course I am glad that the new year and January started with green, but I think it is too early to talk about further growth.

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Quote from: Ojima-ojo on January 05, 2023, 07:20:24 AM

Events in the last few weeks have drastically affected bitcoin price as the price of bitcoin has struggled to remain around $16k with heavy resistance to push above 20k in the last few days into 2023.

The recovery resistance point has started to appear in the market, in recent days bitcoin has shown a gradual recovery, although we don't know to say this will continue, currently bitcoin is around $20K and the recovery point is starting to cross the price in 2022 when the correction takes place.

Quote

Since the FTX and LuNA crises started Bitcoin has struggled to retain its previous price before the attack which was around 25k-30 benchmarks.

The FTX and Luna cases led to a correction that occurred in the market, but as a general picture, it didn't only happen to bitcoin, but almost all cryptocurrencies experienced it.

Quote

The question now is with the current bitcoin price outlook what is the possible bitcoin January price outlook you can speculate on based on your personal market analyses?

This year is the beginning of bitcoin's journey in the cycle before reaching ATH, if you count the previous four-year cycle, then this year bitcoin will move at a stable price and I believe that next year bitcoin will be seen in the process of heading for the next ATH.

crzy

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Quote from: STT on January 14, 2023, 04:40:26 PM

Very strong action but as always the true strength is in the pullback occurring whenever that is. Ideally price action should stay above the lows of 13th which could be a longer term show of support/resistance and then the 2 day is at 20k now.
I wont say the 200 day average doest matter but for now its more important we get a change in direction for that longer term show of inertia and have it together with the 50 day MA ascending back upwards. [today its flat and 50 week in decline still] If both these gains keep happening beyond just a brief spike of energy we'll be way more bullish. We'll build volume and repair the prior weakness in trading.

Pullback is possible as the price is already oversold but it will just temporary since the market is going to pump already. Its good to see this price level again, and to OP you don’t need to wait for the month end because Bitcoin already hit your prediction. We might stay on this level for a while and once ok, the pump will start to happen again. Probably, $22k at the end of January is already a safe prediction.

STT

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Very strong action but as always the true strength is in the pullback occurring whenever that is. Ideally price action should stay above the lows of 13th which could be a longer term show of support/resistance and then the 2 day is at 20k now.
I wont say the 200 day average doest matter but for now its more important we get a change in direction for that longer term show of inertia and have it together with the 50 day MA ascending back upwards. [today its flat and 50 week in decline still] If both these gains keep happening beyond just a brief spike of energy we'll be way more bullish. We'll build volume and repair the prior weakness in trading.

palle11

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Quote from: Furious 7 on January 13, 2023, 04:34:21 PM

Agree with you, it's still too big but still possible to see bitcoin to $20k or even $21k in the next few days or maybe even until the end of january.
The initial resistance was at $21k and now they have managed to pass their previous resistance at $19k hopefully the upside continues.
But indeed for $ 25k this is still too big I think for now. Maybe it still can but not for now.

From the chart, the price of bitcoin is looking like it has consolidated the standpoint of 17k because right now the price is selling in the numbers of 18k and this is indicating the upward trend that is getting ready to hit the market. I won't be surprised if that bull begin to happen this time, we have to remember that the whales and installational traders are hodling greater number of coins and this can change the dynamics of bitcoin investment which is one thing that drives the market.

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Quote from: Yaunfitda on January 13, 2023, 02:14:35 AM

Quote from: Piesel on January 12, 2023, 03:28:32 PM

Quote from: Zanab247 on January 12, 2023, 12:24:08 AM

I guess the price of Bitcoin will reach $25k before the end of January because, the price has moved to $17k few days ago which are the signs people what to see to be strong in holding this new year. Since, the price of Bitcoin has moved from $16k to $17k show, that before the end of this January many people will start experiencing opportunity from their investment because the bear is about to leave the market for the bull to remain stable.

I agree with you here that bitcoin price will reach $25,000 before the end of January judging from the present market condition and how fast Bitcoin price has recovered in a short period within this year.

Bitcoin is on recovery mode and anything is popossible at this stage, jjustlike what we saw today when we went to bed with a 17k plus bitcoin price and woke up to almost 19k price just within 12 hours the price moved to that level. The

Let's see, part of me wanted to be positive, but isn't it $25k is just too big for January to break? I mean yeah, we are in the $19k price range, but breaking $20k is very different, it's a round numbers and we all know that sometimes, it's very hard to break that barrier unless there are good news that will sway the market for such huge movement.

So let's see first, $19k to break and then for the rest of the month, $20k is the target and let's see how we are going to stay.

Agree with you, it's still too big but still possible to see bitcoin to $20k or even $21k in the next few days or maybe even until the end of january.
The initial resistance was at $21k and now they have managed to pass their previous resistance at $19k hopefully the upside continues.
But indeed for $ 25k this is still too big I think for now. Maybe it still can but not for now.

Yaunfitda

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Quote from: Piesel on January 12, 2023, 03:28:32 PM

Quote from: Zanab247 on January 12, 2023, 12:24:08 AM

I guess the price of Bitcoin will reach $25k before the end of January because, the price has moved to $17k few days ago which are the signs people what to see to be strong in holding this new year. Since, the price of Bitcoin has moved from $16k to $17k show, that before the end of this January many people will start experiencing opportunity from their investment because the bear is about to leave the market for the bull to remain stable.

I agree with you here that bitcoin price will reach $25,000 before the end of January judging from the present market condition and how fast Bitcoin price has recovered in a short period within this year.

Bitcoin is on recovery mode and anything is popossible at this stage, jjustlike what we saw today when we went to bed with a 17k plus bitcoin price and woke up to almost 19k price just within 12 hours the price moved to that level. The

Let's see, part of me wanted to be positive, but isn't it $25k is just too big for January to break? I mean yeah, we are in the $19k price range, but breaking $20k is very different, it's a round numbers and we all know that sometimes, it's very hard to break that barrier unless there are good news that will sway the market for such huge movement.

So let's see first, $19k to break and then for the rest of the month, $20k is the target and let's see how we are going to stay.

Piesel

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Quote from: Zanab247 on January 12, 2023, 12:24:08 AM

I guess the price of Bitcoin will reach $25k before the end of January because, the price has moved to $17k few days ago which are the signs people what to see to be strong in holding this new year. Since, the price of Bitcoin has moved from $16k to $17k show, that before the end of this January many people will start experiencing opportunity from their investment because the bear is about to leave the market for the bull to remain stable.

I agree with you here that bitcoin price will reach $25,000 before the end of January judging from the present market condition and how fast Bitcoin price has recovered in a short period within this year.

Bitcoin is on recovery mode and anything is popossible at this stage, jjustlike what we saw today when we went to bed with a 17k plus bitcoin price and woke up to almost 19k price just within 12 hours the price moved to that level. The

darewaller

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Quote from: wxa7115 on January 11, 2023, 11:22:28 PM

And just like that we reached your prediction as bitcoin is trading above the 18k level at the moment, but I will admit that I thought it will take longer for bitcoin to reach this price.

But it is still important to keep our expectations out of this market at reasonable levels, as roughly one month ago we reached this price and then we touched the 16k level again just a few days later, and we saw a similar event two months ago as well, and while this could be the beginning of a strong recovery it could also be nothing more but the whales playing with the price to extract more profits from us and we need to be careful so we avoid falling into a potential bull trap.

Last year, it is normal for any increase to reverse as there are so many negative news and then the trauma is still there. It's not about people being excited and that have cause the dip of the price unless if that excitement lead to sell-offs. It's been a while since we haven't hear a negative news.

The market and the people can breathe clearly now. There is also another excitement that builds up with them and that is the bitcoin halving event. They won't sell now for tiny profits but will rather buy more coins, hodl it and then sell it on the actual event for a much better income.

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Quote from: Davian144 on January 12, 2023, 12:51:26 AM

And for a price of $25K like you said in January, it looks like it's a bit higher to expect in Bitcoin because Bitcoin has to pass $20K first and I'm more optimistic for $20K if it's within this month, although I also don't doubt Bitcoin for reach $25K in the near future.

I'd be doubting breaking $20k resistance itself otherwise if that resistance is broken there is a very good chance that the momentum that is forming right now would get even bigger and that could push the price a lot higher than $25k.

Remember what happens in each of the reverse-bubbles that we had in the past. For example what we had in 2019 where price was stuck below $4k and when that resistance was broken the price went up 50% in a matter of days. 50% from $20k is reaching $30k...
This is just a possibility though...

ginsan

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Quote from: Ojima-ojo on January 05, 2023, 07:20:24 AM

The question now is with the current bitcoin price outlook what is the possible bitcoin January price outlook you can speculate on based on your personal market analyses?

Looks like it's still going to happen like in previous years, optimistic (bullish) or pessimistic (bearish) views of the price of Bitcoin in 2023 will continue to be speculation. Optimist and pessimistic views still color the discussion about the development of Bitcoin in 2023, some of them assess that 2023 could be a period of increase after the Bearish occurrence in 2022. However, there are some who believe that the bearish period will continue in 2023. The prospect of Bitcoin will be seen after going through an exhausting phase due to price declines that have occurred since 2022. After going through difficult times, an upward phase will be followed as a sign of welcoming having.

rodskee

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Quote from: Ojima-ojo on January 05, 2023, 07:20:24 AM

Events in the last few weeks have drastically affected bitcoin price as the price of bitcoin has struggled to remain around $16k with heavy resistance to push above 20k in the last few days into 2023.

Since the FTX and LuNA crises started Bitcoin has struggled to retain its previous price before the attack which was around 25k-30 benchmarks.

The question now is with the current bitcoin price outlook what is the possible bitcoin January price outlook you can speculate on based on your personal market analyses?

there is already a running thread about bitcoin January price speculation though it runs with expected question of price yet? almost similar as it was asked if can take 20k and above

https://bitcointalksearch.org/topic/--5432572

anyway My personal analysis about Bitcoin price is at least will maintain this 16k and above price , don't wanna expect more but this is enough for me to take .

Franctoshi

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Macro economics is also playing a role in determining the market direction for now, And the last FOMC meeting the Fed was silent as regards to what they're gonna do with interest rate , wether they're gonna continue to tight or start easing and the market is a bit green due to that.

This January there's not gonna be much price movement above or below the zone we are right now, rather more of consolidation, Which I do think will continue to be in the range. And likely will not go above the zone of $18k and below $15k this January in my opinion, before taking a direction either by February or March.

Davian144

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Quote from: Zanab247 on January 12, 2023, 12:24:08 AM

I guess the price of Bitcoin will reach $25k before the end of January because, the price has moved to $17k few days ago which are the signs people what to see to be strong in holding this new year. Since, the price of Bitcoin has moved from $16k to $17k show, that before the end of this January many people will start experiencing opportunity from their investment because the bear is about to leave the market for the bull to remain stable.

Now even the price of Bitcoin is being traded at over $18K in the market and the increase that happened this morning is a very good increase for Bitcoin lovers as well as other cryptocurrencies, because an increase in Bitcoin can always have a very good effect on other cryptocurrencies as well can influence investors and traders to stay in the market while continuing to make purchases before prices go back up.

And for a price of $25K like you said in January, it looks like it's a bit higher to expect in Bitcoin because Bitcoin has to pass $20K first and I'm more optimistic for $20K if it's within this month, although I also don't doubt Bitcoin for reach $25K in the near future.

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