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![image.png](https://images.hive.blog/DQmRwmRUA1Tyf7HfxTV9TFyWRmHMRScSBftcPC5AP82ViUm/image.png)
[Image source](https://pixabay.com/es/photos/bitcoin-criptomoneda-divisa-2643159/)

For many, like me, who are waiting for what may happen with the cryptomarket in 2023, we have to evaluate the possible scenarios that may have the price of the cryptocurrency with the largest market capitalization such as bitcoin. After seeing how bad it has been in the year 2022, it is only expected that bitcoin has a price recovery, although those are our wishes, let's see if it is really within the possibilities. 

If we take into account only the behavior hidden behind graphs and the historical behavior that the cryptocurrency has had in the cryptomarket, maybe we could say that the year 2023 can be a year of recovery for the price of bitcoin. If we take into account that there have been many frauds and collapses of exchanges, this may be a possible scenario of bitcoin price recovery only if investors feel confident that they will not lose their investment. 

In the event that bitcoin cannot recover its prices by the year 2023, historically it would be the first time that bitcoin maintains its prices low for two consecutive years, since there has always been a year of fall and a year in green, to which it is convenient to add the fact that the year 2023 is prior to the halving event.   

### ***Would it all just be bull run?***

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If we take into account that the year 2022 was a very difficult year for bitcoin and the entire cryptomarket, for this year there is likely to be a generalized hesitation on the part of many users to invest in cryptocurrencies, so I do not think the recovery will be so sharp, even the first months of this year and due to the insecurity of investing in cryptocurrencies will make the movement of bitcoin prices in lateral movements and then show bullish signals.  

The event that may occur by the end of the year 2023 that can make the price of bitcoin out of the sideways movement is that the FED finishes lowering interest rates, this is because the increases in interest rates generate less circulation of money towards risk assets such as cryptocurrencies, so what you start to see a decrease in interest rate increases could see a change of trend from laterization to a rise in prices.  

### ***If there is a possible third scenario, under what characteristics would it be?***

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Logically even if we want there to be a price rise and there really is a trend change from the current behavior to an improvement in prices, we must accept that the possibility of a scenario where bitcoin prices reach a new low is possible.

The only way I see bitcoin reaching new lows is if the cryptomarket has to go through other bankruptcy debacles such as happened with FTX at the end of the year 2022, the current scenario that is under this possibility is that of Genesis and DCG which are in the expectation of all.

In conclusion if by this year 2023 there is a decrease in rate hikes by the FED by the end of the year, then we could have a break of going from a sideways market to a bullish scenario, however this bullish scenario will be an important recovery but where we will not see prices of new historical highs, and a fall in prices to new lows is only in the outlook if debacles occur such as what happened with FTX at the end of the year 2022.

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