Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

$17,000,000 Covid-Relief Fraud Ring Busted by Feds, Throwing Eight People Behind Bars: DOJ

01/09/2025

SBI Launches Bitcoin Services for 3D Housing Pioneer

01/09/2025

Ruihe Shuzhi Technology Partners with Bitmain for Bitcoin Cloud Mining

01/09/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum Price Aims at $5,000 As Exchange Balance Falls To 9-Year Low

    31/08/2025

    The 7 Largest Publicly Traded Ethereum Treasury Firms

    31/08/2025

    How a Hyperliquid Trader Made $30 Million in Just 4 Months

    31/08/2025

    Ethereum Rainbow Chart predicts ETH price for August 31, 2025

    31/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Nike, StockX End Trademark Clash Over NFTs and Fake Shoes

    01/09/2025

    NFT sales plunge to $129.6m, Pudgy Penguins jump 63%

    31/08/2025

    PENGU token loses 20% in August amid Pudgy Party game launch

    30/08/2025

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    27/08/2025

    $17,000,000 Covid-Relief Fraud Ring Busted by Feds, Throwing Eight People Behind Bars: DOJ

    01/09/2025

    SBI Launches Bitcoin Services for 3D Housing Pioneer

    01/09/2025

    Ruihe Shuzhi Technology Partners with Bitmain for Bitcoin Cloud Mining

    01/09/2025

    Story Protocol Co-Founder Jason Zhao Steps Back to Pursue New AI Venture

    01/09/2025
  • Blockchain

    Web3 Social Platform TomTalk Integrates NexFi Wallet for Crypto Transactions, Stablecoin Trades

    01/09/2025

    House Party Protocol and Orbiter Finance Ally to Accelerate AI-Native Economy

    01/09/2025

    Zoro Joins HIVE Intelligence to Bring Blockchain Intelligence to AI Developers

    01/09/2025

    Sony’s Soneium Debuts Scoring System to Record Onchain Participation

    01/09/2025

    SoonChain Taps Veritas to Offer AI-Driven Web3 Security

    01/09/2025
  • DeFi

    Base Crosses $200 Billion Trade Volume On Uniswap

    01/09/2025

    Is TON’s DeFi ready to lead a true financial revolution?

    01/09/2025

    Aave (AAVE) Reclaims $300 as V4 Beta May Unlock Cross-Chain Liquidity, GHO Stablecoin and Uniswap V4 Borrowing

    01/09/2025

    CZ Backs DeFi Dominance As Japan Post Bank Unveils $1.3 Trillion Digital Currency Plan

    31/08/2025

    Unpacking the Massive $400M Move from HTX

    31/08/2025
  • Metaverse

    Metaverse developer The Sandbox lays off 50% of staff and pivots to meme coin launchpad

    28/08/2025

    Meta Breaks Up AI Lab as Part of Superintelligence Push

    20/08/2025

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025
  • Regulation

    Story Protocol Co-Founder Jason Zhao Steps Back to Pursue New AI Venture

    01/09/2025

    Altcoins, Stablecoins, Tokenized Stocks Drive July’s Crypto Gains, Binance Says

    01/09/2025

    Stablecoin Boom Has Made Crypto Ramps ‘Sexier’ M&A Targets, Says VanEck VC

    01/09/2025

    Japan to approve first yen-backed stablecoins this fall

    01/09/2025

    Bank of America Survey Reveals Big Money Keeps Dodging Crypto

    01/09/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    SBI Launches Bitcoin Services for 3D Housing Pioneer

    01/09/2025

    Upbit Unveils Crucial Updates for Investors

    01/09/2025

    Bitcoin Exchange OKX Releases Reserve Report Covering 22 Cryptocurrencies! What Are the Reserve Statuses of Bitcoin and Ethereum? Here Are the Details

    01/09/2025

    Pioneering Gucci Crypto Payments: Luxury Embraces Digital Currency

    01/09/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    The Biggest Games Releasing in September 2025

    31/08/2025

    OKX Wallet Taps Shaga to Offer Secure Web3 AAA Gaming

    31/08/2025

    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

    29/08/2025

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    28/08/2025

    Ruihe Shuzhi Technology Partners with Bitmain for Bitcoin Cloud Mining

    01/09/2025

    A Remarkable 89.2 BTC Mined in Seven Days

    31/08/2025

    Bitcoin Miners Make a Sextillion Hashes per Second the New Standard

    30/08/2025

    Bitcoin Hashrate Rockets to New Heights, Smashing Through 980 EH/s Barrier

    30/08/2025

    $17,000,000 Covid-Relief Fraud Ring Busted by Feds, Throwing Eight People Behind Bars: DOJ

    01/09/2025

    Former Cred Execs Sentenced to Federal Prison For $150M Crypto Fraud

    01/09/2025

    Tether CEO Paolo Ardoino And Advisor Bo Hines Discuss U.S. Stablecoins

    30/08/2025

    India Intensifies Tax Scrutiny on Past Crypto Activity and Unreported Assets

    30/08/2025

    $17,000,000 Covid-Relief Fraud Ring Busted by Feds, Throwing Eight People Behind Bars: DOJ

    01/09/2025

    SBI Launches Bitcoin Services for 3D Housing Pioneer

    01/09/2025

    Ruihe Shuzhi Technology Partners with Bitmain for Bitcoin Cloud Mining

    01/09/2025

    Story Protocol Co-Founder Jason Zhao Steps Back to Pursue New AI Venture

    01/09/2025
  • MarketCap
NBTC News
Home»Bitcoin»Crypto Analyst Predicts Where Bitcoin Price Will Be By End Of Year
Bitcoin

Crypto Analyst Predicts Where Bitcoin Price Will Be By End Of Year

NBTCBy NBTC12/09/2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


A crypto analyst has presented their forecast for where they believe the Bitcoin price will be by the end of 2023. However, the end-of-year (EOY) price prediction is not the only interesting thing that the analyst talks about, with short-term expectations also included.

Hoops To Jump Through For Bitcoin Price

Pseudonymous crypto analyst Titan of Crypto took to X (formerly Twitter) to share their latest prediction for the Bitcoin price. This analysis uses the Ichimoku point of view to analyze a Tenkan Cajun (TK) death cross that appeared on the Bitcoin price chart.

The importance of this TK death cross is what happened to the digital asset’s price the previous times it has appeared. According to Titan of Crypto, this exact death cross has appeared twice in the past two years, and each time, the outcome has been bearish for the Bitcoin price.

BTC falls 20% whenever the TK death cross appears | Source: Titan of Crypto on X

As the analyst points out, Bitcoin had dropped an average of 20% when the TK death cross appeared both in June 2021 and January 2022, which does not bode well for the price right now. So another occurrence could see the Bitcoin price fall around 20% from its already low levels.

The analyst also points to the packed week in terms of economic announcements such as the CPI and PPI, among others, which could have an adverse effect on the crypto market depending on their outcome. Such a drop as previously recorded could easily see the price drop to $20,300 the analyst points out.

Bitcoin price chart from Tradingview.com

BTC price recovers above $26,000 | Source: BTCUSD on Tradingview.com

BTC Will End The Year On A Good Note

Despite the incredibly bearish outlook that has formed for the Bitcoin price, especially in the short term, it is not all gloomy, according to Titan of Crypto’s analysis. For one, the analyst does not expect the price of the digital asset to fall any lower than its already established bottom back in 2022. This means that even though the analyst sees BTC returning toward $20,000, it won’t make a new bottom.

Furthermore, the analyst also sees the cryptocurrency finishing out 2023 on a high note. In the same analysis, he points out that he expects Bitcoin to cross $30,000 by year’s end. “Overall I believe that Bitcoin is going to go up and gravitate/pass the $32k level by EOY,” the tweet reads.

Going by this forecast, even if Bitcoin does fall to $20,000, the digital asset could see a more than 30% rise before the year is out. “But this scenario hasn’t played out yet and a lot of support needs to break before hoping for such a low price for #BTC,” the analyst explains in a follow-up tweet.

Featured image from iStock, chart from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Price Breaks All-Time High Record Again – Here’s What We Know

04/08/2025

Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

04/08/2025

Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

04/08/2025

High-Stakes Consolidation Could Define Q3 Trend

04/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

$17,000,000 Covid-Relief Fraud Ring Busted by Feds, Throwing Eight People Behind Bars: DOJ

01/09/2025

SBI Launches Bitcoin Services for 3D Housing Pioneer

01/09/2025

Ruihe Shuzhi Technology Partners with Bitmain for Bitcoin Cloud Mining

01/09/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.