Short

Updated

BTC may decrease through Q2 2023

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.

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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. "

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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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(click chart to play)
1W 2022-12 to 2024-02:

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$150000 to $250000 is still very possible for 2025

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