X

Lucas from Charlotte

Registered at the crypto broker Skilling 44 minutes ago.

» Try Skilling too
82% of retail investor accounts lose money.
Do not show again

What has to happen to create a bull run in early 2023? That’s a question on many people’s lips. With the cryptocurrency industry somewhat in turmoil over recent months (and some would argue since early summer), amidst a bear market and with several failures of crypto projects… is there hope on the horizon?

It has been an overstayed bear market run that has caused talk of a bull run. Anticipations surrounding a bull run next year increase with the hopes that the fortunes made in the bear market could make a difference. Different situations contribute primarily to the possibility of a bull run in early 2023. Circumstances in the market must change to create a bull run in early 2023. Crypto Lists seeks to explore what is to happen to create a bull run in early 2023.

Possibility of a recession

Despite the end of the inflation shock, expected prices remain sticky. Stocks are set for a bull run next year, but the Federal Reserve may keep rates high. Therefore, a recession occurring would keep the prices low, and it would be good and lead to a better bull run in 2023. An expected drop in inflation will fuel a massive surge in stocks. Therefore, the cooling down of consumer prices can bring a bullish season for the beginning of 2023.

The historical trend of the Bitcoin price movement

If the historical pattern of Bitcoin’s price movement continues, it will create a bull run in early 2023. Over the past four years, the cycle has shown bull runs with growing momentum coming after bear markets. Thus, this information assumes that the asset will commence a new price rally next year. In 2014, the market was down by 60%; in 2018, by 70%; and in 2022, it was down by 60%. Historical trends like this suggest a bull run in early 2023.

Bitcoin Halving

The four-year cycle shows that Bitcoin follows a 3-year bull run, then a 1-year bear market. Thus, the correlation indicates that Bitcoin’s mineable number gets cut in half. The next Bitcoin halving should happen around spring 2024; therefore, crypto bulls will purchase the coin in anticipation of the event. This could result in accumulation surging as early as Q1 2023.

Rating: 9.5/10
Supply: 18,925,000 / 21,000,000
Release date: January 3, 2009

Description: Buy Bitcoin before the halving surge!

Risk warning: Trading, buying or selling crypto currencies is extremely risky and not for everyone. Do not risk money that you could not afford to loose.


Bitcoin Surge

Currently, valuation rises are expected in mid-2023, and this is because they expect the 80-week bear market to end by around April.  If this BTC price cycle continues to apply, there will be a bull run as people surge to buy before the halving event. Also, if Bitcoin maintains its position against the competition with other cryptocurrencies, DeFi, NFTs, Web3, and DAOs, it will stand an advantage in the market. However, ETH comes in when one needs to be involved with DeFi and Web3, contributing to the interest in other coins. Ultimately, Bitcoin still drives the crypto space and when it goes up, the rest go up.

Interest and inflation

The bear market will last until inflation is curbed and monetary policy returns to favoring risk-on assets. Therefore, the tightening policy might stop in Q1 2023, and thus, with the interest rate cuts following, any possible bull run may be delayed to the second or third quarter of the year. If the bull run is to happen in the first quarter, then the tightening policy should have stopped so that the interest rate cuts can begin now and lead to the bull run in Q1.

The end of war in Ukraine

If the war in Ukraine ends and commodity prices return to normal, a bull run in early 2023 may be expected. When inflation and war end, prices for energy resources may go down. The skyrocketing prices led to inflation, and with the war, the oil prices will keep inflation in check. This is just one factor in a geopolitical macroeconomic jigsaw, of course.

Concluding remarks

In a nutshell, Bitcoin’s ability to push upwards shows that it is expected to rise past the $40,000 mark in the first half of 2023, a strong resistance level. Such a rise will execute the rebound, and the accumulation phase will start where the price will fluctuate, and BTC will form a bullish accumulation pattern that may lead to an overall bull run in 2023. Changes in the market and buyer behavior, alongside a drop in inflation, also contribute to the possibility of an upturn next year.

Editor’s note: the views expressed in this piece are the author’s own and do not necessarily reflect that of CryptoLists.com

 

by Our Certified Author
Bitcoin Newsflash
    Spin to win 1 BTC on Crypto Games IO todaySpin to win 1 BTC on Crypto Games IO today
    Wednesday, 8 Nov 2023 12:50 pm
    Want to experience a truly thrilling experience where anything could happen and there's 1 beautiful Bitcoin up for grabs? Does it sound too good to be true? Well your dreams can materialize with Crypto Games IO (review) and their magic crypto spin wheel. Played it before? No problem as you can do it once per day! And don't forget about their Tether welcome bonus of up to 20,000 USDT - and remember you can also use other crypto coins too if you'd prefer. What's not to love about this awesome new kid on the block? Sound like a casino you wanna give a spin? Play on Crypto Games IO now and experience a really cool Web3...
    Read the full newsflash


    Bitcoin jackpot opportunity at Crypto Games IOBitcoin jackpot opportunity at Crypto Games IO
    Thursday, 26 Oct 2023 12:33 pm
    Are you having too little Bitcoin (BTC)? Probably most of us think so, except Michael J. Saylor perhaps. But Crypto Lists have good news for you. The newly launched BTC Casino called Crypto Games IO (see review) have a surprise for secret players. You can spin the Bitcoin Jackpot wheel, where you can win up to 1 BTC, straight in your pocket. Sign-up now and give it a try - it's too good opportunity to...
    Read the full newsflash


    BTC bounces above $30k for first time since JulyBTC bounces above $30k for first time since July
    Monday, 23 Oct 2023 7:36 am
    In good news for Bitcoin maximalists and HODLers around the world, Bitcoin (BTC) has surged over the past 24 hours riding a profit wave all the way up to $30k+ for the first time in three months. Some big-name Twitter (X) analysts such as Bob Loukas think December could see rather large lows. Not going down as much as December 2022, but below $20k. Others think it should end the year strong at around the $30k price. Only time will tell. If you're keen to get your hands on some BTC then sign up to Coinbase now as it's a very easy to use platform that's good for both beginners and experienced...
    Read the full newsflash


    Bitcoin breaks $28,000 barrier as bullish trends brewBitcoin breaks $28,000 barrier as bullish trends brew
    Monday, 2 Oct 2023 6:11 am
    Bitcoin and the altcoins that follow in its wake has been on a surge this weekend, breaking the $28,000 barrier for the first time in well over a month. There are rumblings that an ETF may be approved in the coming months, which would see the price likely explode, however this jump is certainly not yet on that kind of scale. Where the price moves next is anyone'e guess, and the price has stabilized at the time of writing at 08:08 CET. Want to jump in and get involved with the world's biggest crypto coin? Sign up to Coinbase now and trade easily...
    Read the full newsflash


    Get a 1 BTC match deposit bonus this Friday at Yoju!Get a 1 BTC match deposit bonus this Friday at Yoju!
    Friday, 23 Jun 2023 6:00 pm
    Do you love bonuses? Do you love Friday evenings? Well, you're in luck as we've combined the two do bring news of an awesome welcome offer from one of our recently reviewed casinos. Yoju Casino has 1 BTC up for grabs in a match deposit offer that comes with a delicious side order of free spins. Pretty awesome if you ask me. Bitcoin went up this week and is currently worth a very impressive Want to claim 130% up to 1 BTC + 30 free spins? Head over to Yojo now and start your weekend off with a BTC bang...
    Read the full newsflash

New Casino Reviews
New Crypto Casinos
Best Crypto Casinos
Recent Crypto Sites
Recent Crypto Coins
  • CorgiAI logo
     CorgiAI
    CRONOS-TOKEN
  • IPVERSE logo
     IPVERSE
    ETHEREUM-TOKEN
  • Book.io logo
     Book.io
    CARDANO-TOKEN
  • Smart logo
     Smart
    NATIVE-COIN
Keep up to date with

Our Newsletter

Sign up to our newsletter to get the
latest crypto news, new casinos,
bonus offers and other exciting
exclusives.
* indicates required
CryptoLists.com
Copyright © 2019-2022, by Crypto Lists Ltd (CryptoLists.com). Company name: Crypto Lists Limited. Address: 5 Upper Montagu Street, LONDON W1H 2AG, England.
Jump to top