Post
Topic
Board Speculation
Re: Bitcoin might reach $30,000 in the first half of 2023 and $50,000 in the second
by
savetheFORUM
on 29/01/2023, 18:12:10 UTC
until now the price of Bitcoin continues to move up, for a price of $ 25K it is very realistic and even I say it is very possible for a price of $ 30K in early 2023.
however, this speculation can happen with all possibilities and people's belief in what will happen in the future is, of course, still in uncertainty, but there are several indicators that can be used as a reference so that these speculations are most likely to occur.

For me personally, I believe in a positive movement that continues to occur as it is now, although slowly, but I believe it will continue to move in a positive direction.
The price is currently sitting at $23k. It might continue till $24k but I am not sure if we will continue to $25k and beyond as this was the hardest zone that BTC is trying to break so far. I will only be confident that $30k is possible once we reached or pass $25k barrier. Speculations will likely happen if we will also follow it with an action. Say if we speculate the price to go up, that is possible if we will also buy more and then HODL.

There are available indicators that we can use but not all times they accurate. There are times that they are accurate but then the price intentionally move on to another direction due to manipulation so we must be careful to not caught out by the trap prepared by the whales.