Quote from: BlackRexuz on December 16, 2022, 01:08:34 PM

Quote from: Sayeds56 on December 09, 2022, 01:43:34 AM

Quote from: 11K on December 02, 2022, 11:51:16 PM

Of course the Bitcoin market will be pumping. We have seen a peak in Bitcoin. Bitcoin reached a high of $69,000. From there, the market has been dumping a lot. Currently, the Bitcoin market is standing between $17,000. By filling this gap, Bitcoin will occupy a place that people have never imagined. But those of you who have invested just wait for a while, be patient, maybe between 2024 and 2025, the Bitcoin market will set a new record.

Good to see that Bitcoin opened green this morning and current price is $17,262 which is above its pivot point of 17,095 and next resistance on day chart 17,424 which I hope will be broken as trading volume is reasonable. The US dollar index is also weak which is good for Bitcoin market. Market is waiting for CPI data release next week which might act as trigger to change market sentiment.

Nothing to worry for long term investors as Bitcoin will certainly break its previous ATH in coming months and years.

Sorry, I want to justify your words, that the current price has touched 18k $, if I'm not wrong to see it in several big markets today, my question is, will the bitcoin price touch 20k $ at the beginning of the year, because all markets have recovered from the barmarkets of recent months.

It is very difficult to predict Bitcoin price, but I think in the first week of 2023 we won't see much activity in all financial markets due to new year holidays but later we might see some new year which can stabilize the price between 17-18K but any big jump in price is unlikely to happen.
Though FED has given some signals of less aggressive monetary policy in year, but its impact will take some time to materialize. In short, we can hope that 2023 will be year of stabilization.