Bitcoin price is displaying some stability above $17,000 as it is holding these levels despite the bearish attempts to drag the price lower.
As the trend remains largely incremental, the token is believed to maintain a steep upswing to regain its price.
Will it reach or cross above $20,000 in Q1 2023?
For me, this is good. The price of Bitcoin being sideways is a good sign for me because a lot of people are afraid and worry too much because of the recent dumps.
And I'm glad also that the 2022 year is coming to an end and the Bitcoin block halving is fast approaching.
Bitcoin block halving is a huge event for Bitcoin and the entire cryptocurrency market.
So, even $23,000 will not hit on Q1 2023, it's ok for me, but I believe it will happen before the 2024.