Data encryption analysts are likely to disagree on the price of Bitcoin (BTC) in the coming year. Although some analysts are optimistic and predict that there may be a rebound, some people think that the token price may fall further at the current price of about $19300.

For example, according to the data information of Cointegral, some data encryption analysts think that the price of Bitcoin is likely to drop to between $12000 and $16000 in the next few months. This pessimistic market outlook takes into account the volatile macro environment, inflation, data information of the Federal Reserve meeting and the possibility predicted by Elon Elon Mask that the decline will last until 2024.

In addition, others predict that BTC is likely to distort the current recession and increase to US $80000 in the next year. Some people also think that Bitcoin is likely to decline significantly in the next few months, but will increase in the second half of 2023.

The four-year market cycle includes accumulation (buying), increase, distribution (selling) and decline, which historically matches the bull market of Bitcoin. This cycle time accumulation link needs to be gradually up and down in 2023, but some people think that it is likely to occur in 2024.

The Company's valuation is likely to increase every year in 23 years. Kevin Svenson predicted that the bull market may gradually rise and fall in April of the next year, when the 80 week bear market will be over.

As we all know, diminishing events will also push up the price of Bitcoin. The next decline theme activity will be held in April 2024, which may represent the price rise of long-term digital currency investors.

However, shareholders must be careful of such hot spots. The industry and influential people know that greed is the selling point of products. For example, everyone should be skeptical of Ether's prediction that it will increase 10 times in 2023. In addition, despite such service commitments, Bitcoin is still very unlikely to achieve 100000 or even close to 100000 dollars.

Others worry that, for various reasons, the four-year cycle time may not be available again. One of the main reasons is that Bitcoin is competing with a series of digital currency markets, as well as with "Decentralized Finance (DeFi), GameFi, Non bank Tokens (NFT), Blockchain Technology Autonomy Organization (DAO), Web3 newly established companies and most of the more profitable investment mechanisms"