I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?
In my estimation, the end of 2023 Bitcoin price will be above $25k to $30k. Because this is not a bullrun year, but the Bitcoin pump will continue this year. But conditions like this make us confused in making a decision to buy, because the chart will keep going back and forth between red and green.
There is no doubt that in 2023 the price will recover and I believe it will reach at least $50k, I am happy that I still managed to buy when the price was $18k and if I sell now of course the profit is more than 20%, but I am still confident and planning to buy more again because bitcoin's rise will be unstoppable.