Hi folks and friends,
This is a quick question... do you think the bitocoin price will continue falling during the 2023, or we are actually seeing the bottom price? can you see bitcoin at $5,000 during 2023? $10,000 perhaps?
Thank you a lot, trying to make the right desitions...
Kind regards;
Chris
Yes it will continues to fall because that is what we can find in chart and according to many expert , but falling that value? 5-10k? not sure mate because the market is strong and coming from 70k down to 10k is so much dumping that many does not believe may come.
bitcoin may fall more but at least 13k is the lowest from what i see here.
I do not see that there will be any more low. I think we hit the bottom already, and in 2023 we are going to just see it go up and then keep going up more and more. I understand that some people may believe that it's not going to be that easy to keep on growing and becoming higher, because many people like you believes that it will go down, but the reality is that we are not going to see that.
Why do I think like that? Well simply because of the support levels and the amount of bitcoin being sold, it would be pretty difficult to take it anything lower than the bottom. Not saying it's impossible, but why do something so difficult, when the easier option is right there, market would prefer that for sure.
I also hope that price will go as you wanted or seen , but i am just being realistic mate , I mean I don't wanna fool myself expecting complete growth but in the end will bring me failure , better to be ready to what will come so at least failure will not take place in case it happened?
but I love your point and being optimistic , though bitcoin is really volatile and it dictates the market flow so looking at it one way is not a good point in my side.