{"id":503031,"date":"2022-10-22T19:09:24","date_gmt":"2022-10-22T16:09:24","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-will-shoot-over-100k-in-2023-before-largest-bear-market-trader\/"},"modified":"2022-10-22T19:09:24","modified_gmt":"2022-10-22T16:09:24","slug":"bitcoin-will-shoot-over-100k-in-2023-before-largest-bear-market-trader","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-will-shoot-over-100k-in-2023-before-largest-bear-market-trader\/","title":{"rendered":"# Bitcoin will shoot over $100K in 2023 before &#8216;largest bear market&#8217; \u2014 trader"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2d9ffce5b90\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2d9ffce5b90\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-will-shoot-over-100k-in-2023-before-largest-bear-market-trader\/#%E2%80%9D_Bitcoin_will_shoot_over_100K_in_2023_before_%E2%80%98largest_bear_market_%E2%80%94_trader_%E2%80%9C\" >&#8221; Bitcoin will shoot over $100K in 2023 before &#8216;largest bear market&#8217; \u2014 trader &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-will-shoot-over-100k-in-2023-before-largest-bear-market-trader\/#BTC_bulls_need_only_wait_a_year_for_100000\" >BTC bulls need only wait a year for $100,000<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-will-shoot-over-100k-in-2023-before-largest-bear-market-trader\/#From_10000_Bitcoin_to_2_million_Bitcoin\" >From $10,000 Bitcoin to $2 million Bitcoin<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Bitcoin_will_shoot_over_100K_in_2023_before_%E2%80%98largest_bear_market_%E2%80%94_trader_%E2%80%9C\"><\/span>&#8221; Bitcoin will shoot over $100K in 2023 before &#8216;largest bear market&#8217; \u2014 trader &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-4b69a2fe>Bitcoin (BTC) will top $100,000 next year but a record-breaking bear market will follow, a popular trader believes.<\/p>\n<p>In a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CredibleCrypto\/status\/1583583040206696449\">Twitter discussion<\/a> on Oct. 22, Credible Crypto endorsed a theory that Bitcoin\u2019s next halving will also see macro lows of just $10,000.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"BTC_bulls_need_only_wait_a_year_for_100000\"><\/span>BTC bulls need only wait a year for $100,000<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>With consensus calling for Q4 2022 to match the end of the 2018 Bitcoin bear market, few are in the mood to call a trend change.<\/p>\n<p>While a bold prediction from LookIntoBitcoin creator Philip Swift recently gave the current bear market just months to live, most commentators continue to target new lows.<\/p>\n<p>For Credible Crypto, however, the really interesting territory lies further ahead \u2014 but 2023 will constitute a major turning point.<\/p>\n<p>After setting new all-time highs (ATHs) of at least $100,000, BTC\/USD will come down from its \u201cblow-off top\u201d in a way never seen before, he believes.<\/p>\n<p>The next bear market will bottom out even lower than this year\u2019s $17,600, giving buyers a chance to enter the market at as low as $10,000 as late as 2025.<\/p>\n<p>\u201cAgreed, probably in 2025 methinks,\u201d Credible Crypto replied to the original prediction put forward by fellow trader and analyst Mr. Parabullic. <\/p>\n<blockquote><p>\u201cFirst, new ATH in 2023- blow-off top 5th wave above 100k- followed by the largest bear market we have seen yet that is worse than the current one in both time and price- taking us to the 10-14k that everyone is waiting for now.\u201d<\/p><\/blockquote>\n<p>Another active <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> trader, Crypto Tony, found it harder to agree, calling for a macro low early next quarter, followed by a new uptrend.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"From_10000_Bitcoin_to_2_million_Bitcoin\"><\/span>From $10,000 Bitcoin to $2 million Bitcoin<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Elsewhere, others have given levels between $10,000 and $16,000 as likely floor prices in the coming months. <\/p>\n<p><strong><em>Related:\u00a0Global recession may last until near 2024 Bitcoin halving \u2014 Elon Musk<\/em><\/strong><\/p>\n<p>The $10,000 price tag belongs to Filbfilb, co-founder of trading suite, Decentrader, while popular analyst Il Capo of Crypto continues to insist that $14,000-$16,000 will swiftly enter after Bitcoin sees a relief bounce to around $21,000.<\/p>\n<p>\u201cAll I see is a lot of shorts that should be squeezed,\u201d he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoCapo_\/status\/1583417950119530496\">told<\/a> followers on Oct. 21, subsequently <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoCapo_\/status\/1583732087529820160\">suggesting<\/a> the bounce was now beginning. <\/p>\n<blockquote><p>\u201cShorting support is not a good idea. Send it to 21k. Then nuke it to 14k.\u201d<\/p><\/blockquote>\n<p>Longer term, meanwhile, asset manager Larry Lepard is betting on Bitcoin trading at a giant $2 million per coin within the next six years.<\/p>\n<p>BTC\/USD traded at around $19,200 at the time of writing, according to data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BINANCE\">TradingView<\/a>.\u00a0<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-10\/f3c4b041-f8f4-4485-a420-52b3a315cd97.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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In a Twitter discussion on Oct. 22, Credible Crypto endorsed a theory that Bitcoin\u2019s next halving will also see macro lows of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":503032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTAvMTBhNjJjOGItMGVkZS00OWE2LWE3OGMtODExNjUxYzYwMzc5LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,73785,68637],"class_list":["post-503031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-markets","tag-predictions"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/503031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=503031"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/503031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/503032"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=503031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=503031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=503031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}