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When will crypto go back up

Bitcoin going back up

UPDATE 1-US inflation data for January made Fed's job 'harder,' Barkin says

Earlier this week, crypto analyst Michaël van de Poppe pointed out a certain must-hold support zone that Bitcoin to prevent a notable price crash.  Will bitcoin come back up “With the pending ETFs on the horizon, I believe the supply and demand curve has shifted even further to the upside as ETFs create a path for increased institutional adoption of Bitcoin,” says Zach Bradford, CEO of Bitcoin miner CleanSpark.

Will bitcoin ever go back up

On the one hand, that can be seen as a good thing — after all, cryptocurrencies are often criticized for being volatile, but on the other, it raises a lot of questions. Will BCH ever be able to break out of this pattern and hit not only a new maximum price but also increase its average value, too? Only time will tell. At the moment, we can only point out that historical data shows the relative stability of this coin and its resistance to market crashes. Bitcoin could hit $1.5 million in just 7 years according to a new report from Cathie Wood’s ARK Invest There is no crypto crystal ball, but some experts suggest quality coins that have tangible utility and underpin several projects will prevail—not the unproven, piggyback coins of questionable provenance. (Read more about factors that may influence a cryptocurrency’s longevity.)

Crypto Prediction #2: A Lot More Investors Will Adopt Bitcoin

The cryptocurrency went into another uptrend in 2021 and set a new all-time high at $68,000. Then Bitcoin was impacted by increasing interest rates and other macroeconomic factors, causing a downtrend. BTC price plummeted by 78% to $15,000 in late 2022 after a series of bankruptcies and insolvencies in the cryptocurrency industry. One of the largest cryptocurrency exchanges at the time, FTX, collapsed in the fallout, resulting in the firm’s CEO Sam Bankman-Fried being imprisoned. The rest of the crypto market If the year 2021 was spectacular one for major cryptocurrencies like Bitcoin and Ethereum as they touched an all-time high of $68,789 and $4444.53, respectively, the year 2022 turned out to be extremely rough for them. Both currencies slumped by over 60 percent from their highs achieved a year ago. And it's not just the tale of these two cryptos alone, other tokens like Dogecoin, Avalanche, and Solana also plunged heavily. The market cap for cryptocurrencies has fallen to $810 billion from $2.18 trillion a year ago.

Bitcoin going back up

According to Da Costa, while comparisons between bitcoin and gold were appropriate in 2021, more recent market dynamics show that cryptocurrencies also behave in line with technology stocks. She said: “Throughout last year, bitcoin was seen as a potential hedge against inflation, a characteristic akin to gold. However, this narrative has shifted in the first quarter of the year as the direct correlation between cryptocurrency and tech stocks becomes more apparent.” U.S. regulation of cryptocurrency "My base case is bitcoin will trade in a range to a range between $25,000 and $32,000 for the remainder of 2023," Tim Shan, COO at decentralized crypto exchange Dexalot, said. "But if we see inflation remain high, I think bitcoin could trade back down to lows of the year."

Listings (Sellers)

Country Selling Pay With Price Options
Malaysia
Johor
Johor Bahru
Bitcoin Cash (BCH)
Max 5 BCH
Malaysia Ringgit (MYR)
Max 34528.85123 MYR
1770.936 USD/BCH View | Message
Singapore Bitcoin Cash (BCH)
Max 4.99 BCH
Singapore Dollars (SGD)
Max 11601.70527 SGD
1770.936 USD/BCH View | Message
Norway
Hordaland
Bergen
Bitcoin Cash (BCH)
Max 0.05 BCH
Norway Kroner (NOK)
Max 569.81054 NOK
1475.78 USD/BCH View | Message
United States
California
san francisco
Bitcoin Cash (BCH)
Max 5 BCH
US Dollars (USD)
Max 7378.9 USD
1475.78 USD/BCH View | Message
South Africa
Free State
Welkom
Bitcoin Cash (BCH)
Max 2 BCH
South Africa Rand (ZAR)
Max 42059.80792 ZAR
1770.936 USD/BCH View | Message
South Africa
GP
Pretoria
Bitcoin Cash (BCH)
Max 1 BCH
South Africa Rand (ZAR)
Max 21029.90396 ZAR
1770.936 USD/BCH View | Message
Hungary Bitcoin Cash (BCH)
Max 0.2 BCH
Hungary Forint (HUF)
Max 96033.13707 HUF
1918.514 USD/BCH View | Message
Hungary Bitcoin Cash (BCH)
Max 0.2 BCH
Euro (EUR)
Max 309.49545 EUR
1918.514 USD/BCH View | Message
Romania Bitcoin Cash (BCH)
Max 0.1 BCH
Romania New Lei (RON)
Max 719.03986 RON
1918.514 USD/BCH View | Message
Singapore Bitcoin Cash (BCH)
Max 100000 BCH
US Dollars (USD)
Max 154956900 USD
1549.569 USD/BCH View | Message
Singapore Bitcoin Cash (BCH)
Max 100 BCH
US Dollars (USD)
Max 154956.9 USD
1549.569 USD/BCH View | Message
United States
CA
Pasadena
Bitcoin Cash (BCH)
Max 1 BCH
US Dollars (USD)
Max 1579.0846 USD
1579.0846 USD/BCH View | Message
Malaysia
Kuala Lumpur
Bitcoin Cash (BCH)
Max 0.5 BCH
Malaysia Ringgit (MYR)
Max 3222.69278 MYR
1652.8736 USD/BCH View | Message
India
Karnataka
Bangalore
Bitcoin Cash (BCH)
Max 0.04 BCH
India Rupee (INR)
Max 6014.32525 INR
2361.248 USD/BCH View | Message
United Kingdom
Northamptonshire
Bitcoin Cash (BCH)
Max 2 BCH
Great Britain Pound (GBP)
Max 2292.08409 GBP
1623.358 USD/BCH View | Message
United States
HI
Hilo
Bitcoin Cash (BCH)
Max 1 BCH
US Dollars (USD)
Max 1475.78 USD
1475.78 USD/BCH View | Message
Estonia
Harjumaa
Tallinn
Bitcoin Cash (BCH)
Max 10 BCH
Euro (EUR)
Max 11903.67099 EUR
1475.78 USD/BCH View | Message
United States
Arizona
Phoenix
Bitcoin Cash (BCH)
Max 5 BCH
US Dollars (USD)
Max 9223.625 USD
1844.725 USD/BCH View | Message
Sweden
Halland
Kungsbacka
Bitcoin Cash (BCH)
Max 1 BCH
Sweden Krona (SEK)
Max 11767.19673 SEK
1490.5378 USD/BCH View | Message
United Kingdom
Middlesex
Bitcoin Cash (BCH)
Max 1 BCH
Great Britain Pound (GBP)
Max 1146.04205 GBP
1623.358 USD/BCH View | Message




Listings (Buyers)

Country Buying Pay With Price Options
India
Karnataka
Bangalore
Bitcoin Cash (BCH)
Max 2 BCH
India Rupee (INR)
Max 200000 INR
1570 USD/BCH View | Message
United Kingdom
Devon
Bitcoin Cash (BCH)
Max 0.0863 BCH
Great Britain Pound (GBP)
Max 100 GBP
1641.36732 USD/BCH View | Message
United States
Texas
Beaumont
Bitcoin Cash (BCH)
Max 0.1354 BCH
US Dollars (USD)
Max 200 USD
1477.10487 USD/BCH View | Message
United States
NEVADA (NV)
Las Vegas
Bitcoin Cash (BCH)
Max 1.7775 BCH
US Dollars (USD)
Max 2500 USD
1406.46976 USD/BCH View | Message
United States
New Hampshire
Keene
Bitcoin Cash (BCH)
Max 0.0677 BCH
US Dollars (USD)
Max 100 USD
1477.10487 USD/BCH View | Message
Australia
Queensland
Brisbane
Bitcoin Cash (BCH)
Max 26.4 BCH
Australia Dollar (AUD)
Max 50000 AUD
1522.53788 USD/BCH View | Message
Colombia Bitcoin Cash (BCH)
Max 0 BCH
Colombian Peso (COP)
Max 6000000 COP
100000 USD/BCH View | Message
Morocco
Nador
Nador
Bitcoin Cash (BCH)
Max 4.4 BCH
Moroccan Dirham (MAD)
Max 50000 MAD
1242.04545 USD/BCH View | Message
Iceland Bitcoin Cash (BCH)
Max 0.00001 BCH
Iceland Krona (ISK)
Max 1 ISK
100000 USD/BCH View | Message
Germany
Niedersachsen
Oldenburg
Bitcoin Cash (BCH)
Max 4.62 BCH
Euro (EUR)
Max 5000 EUR
1341.77489 USD/BCH View | Message
Czech Republic
Brno
Bitcoin Cash (BCH)
Max 0.36 BCH
Czech Koruna (CZK)
Max 15000 CZK
2045.83333 USD/BCH View | Message
Nigeria
Abuja
FCT
Bitcoin Cash (BCH)
Max 0.0038 BCH
Nigerian Naira (NGN)
Max 3800 NGN
2800 USD/BCH View | Message
Australia Bitcoin Cash (BCH)
Max 0.0528 BCH
Australia Dollar (AUD)
Max 100 AUD
1522.53788 USD/BCH View | Message
Australia Bitcoin Cash (BCH)
Max 26.4 BCH
Australia Dollar (AUD)
Max 50000 AUD
1522.53788 USD/BCH View | Message
Norway
oslo
oslo
Bitcoin Cash (BCH)
Max 7.73326 BCH
Norway Kroner (NOK)
Max 88888 NOK
1488.49728 USD/BCH View | Message
United States
Wyoming
Jackson
Bitcoin Cash (BCH)
Max 0.335 BCH
US Dollars (USD)
Max 500 USD
1492.53731 USD/BCH View | Message
Philippines
Cebu City
Bitcoin Cash (BCH)
Max 0.039 BCH
Philippines Peso (PHP)
Max 3000 PHP
1500 USD/BCH View | Message
United States
Oregon
portland
Bitcoin Cash (BCH)
Max 0.0675 BCH
US Dollars (USD)
Max 100 USD
1481.48148 USD/BCH View | Message
United States
Ny
Ny
Bitcoin Cash (BCH)
Max 1.0832 BCH
US Dollars (USD)
Max 1600 USD
1477.10487 USD/BCH View | Message
United States
WASHINGTON
Bitcoin Cash (BCH)
Max 0.00068 BCH
US Dollars (USD)
Max 1 USD
1428.57143 USD/BCH View | Message