Post
Topic
Board Speculation
Re: Bitcoin price 2023
by
Poker Player
on 29/12/2022, 05:57:20 UTC
It will continue to fall mate , Bitcoin mostly happens to drop value mostly before the season of halving , so when we are expecting at 2024-2025 then the year before that will probably come to slower , and with this I assume that from the bottom this year of 15k ? we will see even 10k and sadly maybe below that.
but with our continues support and adding in our folio it would make it strong and keep this value through out the year of 2023.

If you're going to rely on halvings and theories that say Bitcoin cycles tend to repeat a similarity based on them, you might as well say that all the years of the previous cycles that were like 2023, i.e. the pre-halving year, had positive returns, namely 2019, 2017 and 2013.

The only way I see that there are no positive returns at the end of 2023 is a total break of pattern, so who knows what predictive models are established, because this cycle, while keeping a certain similarity with the previous ones, has already broken some schemes, such as the maximum that has only been 3.5x and the minimum, which is already months below the previous ATH.