Bitcoin bulls battle bears for control at $23k Bitcoin BTC Bitcoinprice
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As the day progressed, stocks eventually resumed regular trading and found themselves under pressure following back-to-back days of gains amid a flurry of quarterly financial results from companies. At the close of markets in the U.S., the S&P and Nasdaq finished in the negative, down 0.07% and 0.27%, respectively, while the Dow managed to climb 0.31%.
Hindi highlighted that the analysis coming out of Tyr Capital indicates that “the lows in BTC are behind us and that the rest of 2023 will be volatile yet bullish overall.” As for where Bitcoin is expected to head from here, Hindi gave a price prediction of $25,000 for the end of January, $30,000 by the end of June, and $45,000 by the end of 2023.
As for what to expect in the immediate term, Eight Global founder Michaël van de Poppe posted the following tweet suggesting that Bitcoin could pull back to $22,300 before continuing higher.If we continue to make LHs, we'll probably test and sweep around $22.3K before continuation.— Michaël van de Poppe January 24, 2023 Major gains for select altcoins
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