Quote from: zeroknowledgeproofs on December 25, 2022, 09:21:50 PM

Personally I am leaning towards a bit more sideways in this range. I think we will see a significant recovery bounce before April of 2023. If I had to guess, conservatively I would say BTC hits $30,000 - $50,000 by the end of next year.

Personal benchmarks always require very basic reasons so that the predictive direction can be clearer. Since from what it looks like right now Bitcoin is struggling to approach the $20K price level, it could also be a sign that Bitcoin needs whales to move the price higher so it doesn't appear to be struggling in terms of increasing its price from now on.

I also have no doubt about the price level you mentioned for Bitcoin, because Bitcoin has also reached it in 2021, but now the conditions are different so longer time is what Bitcoin needs to move to the level you mentioned.