BTC may decrease through Q2 2023 after the Q4 2022 economic data and business financial data becomes mostly available around 2023-01-06 (first week of JAN). Perhaps, watch the television closely and the news online during week 1 and week 2 of 2023-01 (JAN).
An increase in recession in 2023-01 could dip stocks and BTC further as we have seen throughout all of 2022. By late 2023-02 to late 2023-03 many analysts are predicting an increase in war as the weather begins to warm up for the outdoor activities. Sometimes war manufacturing can boost the growth rate a little, so there's a possible war growth economic cushion that may help the economy some... However, it may not boost it enough if people no longer are willing to take losses by holding.
An increase in recession in 2023-01 could dip stocks and BTC further as we have seen throughout all of 2022. By late 2023-02 to late 2023-03 many analysts are predicting an increase in war as the weather begins to warm up for the outdoor activities. Sometimes war manufacturing can boost the growth rate a little, so there's a possible war growth economic cushion that may help the economy some... However, it may not boost it enough if people no longer are willing to take losses by holding.
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It's late so any typing errors at posting are noted as past bed time posting. :D Enjoy.
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2023 Q1 & Q2 bear. Q3 (flat) & Q4 slightly bull. mostly as recession risks increase along with WW3/WW4 activities.
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Next week2 dip: between 2023-01-08 & 2023-01-15
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wee2 dip is almost here & vol. is dropping.
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Still on a relatively flat, then downward trend:
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Weekly with large volume
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After Jan 15th, BTC may reach near $14.5k by 2023-02-15:
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Not enough historical data to confirm that was the bottom (at least 66.6 days are needed):
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$24,666.66 then decline for 2023-02
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BTC may find bottom by 2023-06-06, after there is more historical data available.
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BTC may find bottom by 2023-06-06 (daily) (2022-01 to 2024-01):
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BTC repeating trend of 2022-07 & 2022-08 (possible double bottom or "longer flatter bottom", before the steady rise to the estimated peak of 2025-01):
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When I first made this idea I published it and immediately noticed an error. I was not able to "edit" the chart within the first 15 minutes due to the limitation that only allows editing the chart description. The original version that I meant to post and never did until today is this trend:
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News: "Economist Harry Dent Expects Biggest Crash in Our Lifetime"
" Bitcoin may go down more like 95%, 96%. Dent expects the crypto market may crash alongside stocks, with BTC falling up to 95%-96% from its November 2021 high. "
" Bitcoin may go down more like 95%, 96%. Dent expects the crypto market may crash alongside stocks, with BTC falling up to 95%-96% from its November 2021 high. "
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There is a very high probability that BTC will decrease significantly from 2023-8-15 to 2024-01-15. Especially in 2023-12. recession prediction = 2024-01
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recession prediction = 2024-01
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recession prediction = 2024-01
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$150000 to $250000 is still very possible for 2025