Post
Topic
Board Speculation
Re: Will Bitcoin Price Hit $23,000 in Q1 2023?
by
BITCOIN4X
on 10/12/2022, 11:46:58 UTC
In my opinion it is very possible, in the middle of last November the price has touched $ 22k, unfortunately there was a FTX case that made panic and there was a correction of up to more than 35% to around % 15k, and now the market seemed to be starting to grow positive so I was sure Q1 2023 would touch $ 23k even more.
Everyone will be happy if the price of bitcoin becomes more expensive in 2023, but nevertheless the price of bitcoin is always unpredictable. $23K in Q1 2023 is very likely, even bitcoin could be more expensive than $23K if the demand increases.

FTX issues shouldn't impact market conditions forever. This will soon change with time and market forces will return because trading never stops. Price volatility is normal and of course prices could be higher than we anticipated or could be lower than we think is impossible at the moment.