At the moment we can't actually predict where Bitcoin if likely headed to , but I believe that Bitcoin is would yet reprice lower due to some reasons best known to me.
It's difficult to predict exactly what the highest price of bitcoin in 2023 will be, as the value of cryptocurrency can be highly volatile and influenced by a variety of factors. However, many experts anticipate that bitcoin will continue to rise in value over the next several years due to increasing mainstream acceptance and adoption of the technology. Additionally, the supply of bitcoin is limited, and as demand for it increases, so too should the price. It's important to note that cryptocurrency is a highly speculative investment and the price of Bitcoin can be affected by many factors such as market sentiment, regulatory environment, and global events. Therefore, any predictions are uncertain and should be taken with a grain of salt. Also, it's always important to conduct your own research and not to invest more than what you can afford to lose
Bitcoin is accepted in most countries of the world yet it's price is still not fixed. That's the nature of bitcoin. There are some market markers that influence the market through demand and supply.
Predicting a coin is not easy seriously, I don't think if there's anyone here who can predict and tell you the price of Bitcoin, because the digital market sometimes tends to move In the opposite direction as it was analysed.
Despite the uncertainty of the whole thing, it is not Totally unpredictable because it is humans that programmed how price is being delivered everyday.
There is no one who can give accurate prediction of bitcoin price. Though, some expert can forecast the future price of bitcoin, no one can boldly claim that he'll accurately predict price of bitcoin.
This is a fact that crypto currency is not totally out of the control of the market forces as the market forces usually determines its price using various factors that either increase or reduces it.
Sometimes, the market tends to move in the opposite direction as analysed, we all know that the Market move towards the theory of demand and supply, predicting any coin is not an easy task seriously.
crypto currency is Blockchain based Technology But the most expensive cryptocurrency is bitcoin. 2021 was turning out to be the best for bitcoin. value of bitcoin at that time was around $65,000. 2023 is also predicted to be a good year for Bitcoin So far its value is about 24 to $ 25000 But its prediction is that in 2023 its value will be more than $65000.
Having a sound knowledge of technical analysis would help you understand how price is being delivered either In the events of news and in any other scenario.
You are very right, the technical analysis can give you notions of possible movements in different time slots, which can be good to consider points of purchase or therefore of sale
That's just the fact, if you know to analyze the Forex market you'll definitely understand what I mean, if you have the knowledge of technical analysis you'll earn money on the financial market.
When I saw that bitcoin rose to over $60,000 in 2021, it killed every form of reservations I had about cryptocurrency, as bitcoin hitting that height, set a new tune in the financial sector
Don't think that because the price is dropping does not mean that it is the right time for you to go ahead and purchase Bitcoin, you need to look for other things as well
Recently, Bitcoin and other cryptos have taken a big dive in the bearish direction. This means it is really hard to predict how this will go. Just like any other asset, is subject to a wide range of factors, including market sentiment, adoption rates, regulatory developments, and macroeconomic conditions, among others. While some people may have opinions or predictions about Bitcoin's future price movements, it's impossible to predict the exact price of Bitcoin this year or any other time frame.
Bitcoin price would not move this year, even if it goes the price would not be too much as we are experiencing bearish run most part of the year and the bull run is expected to start next year
