Skip to content

Can Bitcoin reach $30k by Easter 2023? BTC price prediction

Can Bitcoin reach $30k by Easter 2023? BTC price prediction
Paul L.

The value of Bitcoin (BTC) has been rising in 2023, with the asset targeting new levels despite the prevailing impact of the banking crisis. With recent gains, the future price of Bitcoin is in focus, as investors monitor whether the gains will hold.

In this regard, Finbold leveraged CoinCodex’s self-learning machine platform to determine Bitcoin’s price during Easter 2023. According to the platform, Bitcoin’s momentum is likely to stagnate, and it might trade at $27,845 on Easter day, April 9, according to data retrieved on March 19.

The estimated price of Bitcoin represents gains of about 2% from the cryptocurrency’s valuation at the time of publishing.

Bitcoin one-month price prediction. Source: CoinCodex

It is worth noting that Finbold previously reported that another AI-based tool, CoinPriceForecast, indicated that Bitcoin is likely to reclaim $30,000 by the end of the year. The platform estimates that BTC will trade at $33,047 at the end of 2023.

Bitcoin price analysis

By press time, Bitcoin was trading at $27,324 after days of sustained capital inflow. On the weekly chart, Bitcoin has gained by over 30%, despite slightly correcting by about 1% in the last 24 hours, with a market cap of $526.8 billion.

Bitcoin seven-day price chart. Source: Finbold

Although Bitcoin has slightly corrected, crypto trading expert and analyst Michaël van de Poppe, in a tweet on March 18, remained optimistic about BTC’s prospects in the short term.

“Just like previously asked on Bitcoin, we got the answer now as well. Are we staying above $26,800? The answer is clear; yes. This means the trend will continue to last until $26,800 is lost. Looking for a final sweep into $28,300-28,900 and then reversal,” he said.

Bitcoin price analysis chart. Source: TradingView

Elsewhere, Bitcoin’s one-week technical analysis retrieved from TradingView is dominated by a bullish outlook. A summary and moving averages of the gauges recommend a ‘strong buy’ sentiment at 16 and 12, respectively.

Bitcoin technical analysis. Source: TradingView

Bitcoin fundamentals 

Bitcoin’s momentum has translated into a growing belief that the asset is experiencing a change in its narrative due to the ongoing banking crisis. Despite this, the value of the cryptocurrency continues to be greatly affected by inflation and Federal Reserve rate increases. 

With the inflation data showing slowed growth, the chances of increasing interest rates are diminishing, an aspect that is likely to act as a bullish catalyst for Bitcoin to possibly reclaim the $30,000 position. 

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Read Next:

Weekly Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Disclaimer: The information on this website is for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. This site does not make any financial promotions, and all content is strictly informational. By using this site, you agree to our full disclaimer and terms of use. For more information, please read our complete Global Disclaimer.