JorenCornelis

Bitcoin Outlook: 2023 - 2025

Long
BITFINEX:BTCUSD   Bitcoin
My outlook for the Bitcoin price for the next 2+ years in detail:

- End of 2022 - Q1 2023: I think this will be the time where we see Bitcoin make a last low around $10,000 - $14,000.
((Accumulation))

- Mid 2023: I think we will see some volatility (50-80%) with possible prices of $25,000 - $28,000. Bear Market rally as 2019, nothing sustainable.
((Taking some of the table))

- Summer 2023: Due to the announcement of a recession I guess we will revisit our previous low, or even make a new low ($10,000 - $14,000). This will be our last flush before the next Bitcoin halving and the bull market.
((Accumulate again))

- Q4 2023 - Q1 2024: This will be our grind to the 2023 high (around $25,000 - $28,000 as previously mentioned)
((Enjoy your filled bags))

- Q2 2024 - Q4 2024: Full on Bull Market where we will see a 6 figure Bitcoin and prices as high as $140,000 - $160,000. (A 10x move from the lows)
((Start taking profits))

- 2025: The next Bear Market will start.

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*Not Financial Advice, just my 2 cents*

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