Although bitcoin prices have become more stable over time, they are still volatile. They are subject to heavy speculation, flash crashes, manipulation, intense short squeezes and all sorts of irrational behavior.
And if the last two years are any indication, bitcoin is going to make big moves early in the new year. However, as also observed in the last two years, what goes on in January and February is in no way indicative of how bitcoin will end this year.
What makes predicting long-term bitcoin prices so interesting is the fact that they are so difficult to predict. You may be better off throwing darts.
Anyways, here's some food for thought for you, OP.
And if the last two years are any indication, bitcoin is going to make big moves early in the new year. However, as also observed in the last two years, what goes on in January and February is in no way indicative of how bitcoin will end this year.
What makes predicting long-term bitcoin prices so interesting is the fact that they are so difficult to predict. You may be better off throwing darts.
Anyways, here's some food for thought for you, OP.
I don't see much happening in the early period of the year to be honest, if I have to gamble with a prediction, I would say that we are going to see an huge uptrend by the time the halving comes simply because everyone is psychologically waiting something, so something must happen (beside the actual facts being positive about Bitcoin as it gets increasingly better).
