Bitcoin December price - page 2. | Bitcointalksearch.org

Charles-Tim

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The price of Bitcoin does not seem to increase this year. This is because the coin did not increase in price on Christmas Day.

What are you implying?

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Because there are signs of further dumping of Bitcoin price, many experts have used such quotes.

Beccuase experts are saying the price will decrease more is the reason, if I get you correctly? But did you know that some analysts are saying the price will decrease, some are saying the price will reach $100000 before the end of this year until a significant bear run started.

Even if some analysts say the price of bitcoin will increase, some analysts will say it will decrease. Some will make just complicated analysis. Nothing like experts about this.

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But Bitcoin has been stuck between 16-17 thousand dollars for a long time. Let's hope that Bitcoin prices don't dump from here on out so we all get ready to invest.

There is nothing better than DCA and buying. I am expecting no much significant drop in bitcoin price until the next bull run.

BigBos

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December is only seven days away and the market is still moving between $16-17k, still no sign of good news for the old holders, but why complain about something like this without any direction, it is better to add weight to prepare for the future, market prices like this will not be repeated as in previous years, there is always a price floor period in the market and each cycle the price is getting higher.

Oshosondy

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Quote from: Ryu_Ar1 on December 24, 2022, 02:39:58 PM

I don't know, for the past few months, to be honest, I haven't done real research for bitcoin when looking at the current candlechart because my focus is still on buying every week and I open bitcoin when I only buy DCA (once a week) Grin

You are not following the wrong step, it is the right and correct one, the price of bitcoin has reduced significantly, the next is price increase that we are expecting as we are leaving the bear period gradually but not yet visibly.

But it is good to still learn the chart to know when DCA can be very good to use, especially not advisable when bitcoin price has reached a significant high price, but it will not be new for those that have known the chart history though and you may be one of them.

Quote from: ilovealtcoins on December 25, 2022, 11:07:57 AM

I'm trying very hard and will try to maintain that until the end of 2023, and that is my plan. I don't have too much time to check the market often so I choose DCA monthly, no matter what bitcoin price, as long as we are still in bear season and bitcoin price is still down compared to bitcoin ATH price. I am not sure how much profit I will make because no one can predict the price of bitcoin, but I hope my economy will be better in the future, I believe in bitcoin.

No doubt in that, DCA is a good strategy for holders and it helps against spending more time on making different analyses. I too believe DCA strategy this time will pay very well and it would be of high profit by 2024/2025.

ilovealtcoins

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Quote from: bestcoins1 on December 25, 2022, 05:42:12 AM

Quote from: ilovealtcoins on December 24, 2022, 05:51:38 PM

It would be great if everyone did the same as you, bitcoin is a long-term investment, and monthly bitcoin price prediction is unnecessary and does not bring any change for us. We are still in the bear season, so it is difficult to expect a bull run, instead of predicting the bitcoin price, it is better to focus on accumulating bitcoin. I don't have as much money as you, but I still DCA monthly, and as long as bitcoin stays below the old ATH, I will DCA.

I very rarely do DCA in every month (especially this year) because I immediately buy when the price drops without making steps in each month. What you do with Bitcoin is actually very good and you can continue to do it as long as you have the ability for it. Especially if it doesn't have a problem with your finances in life. Because not everyone is able to do DCA as consistently as you are doing now on Bitcoin. And behind all that, you can definitely get bigger profits when Bitcoin increases in price more quickly at unpredictable times.

I'm trying very hard and will try to maintain that until the end of 2023, and that is my plan. I don't have too much time to check the market often so I choose DCA monthly, no matter what bitcoin price, as long as we are still in bear season and bitcoin price is still down compared to bitcoin ATH price. I am not sure how much profit I will make because no one can predict the price of bitcoin, but I hope my economy will be better in the future, I believe in bitcoin.

Fara Chan

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Quote from: Franctoshi on December 24, 2022, 04:14:42 PM

So I do think we'll be ending up the year with more of sideways movement in the areas of $18k-$16k.

December will soon be over and it is likely that the market will remain in a bearish state until the end of this year, so automatically there will be no increase in value for the Crpypto market until the end of this December, including Bitcoin I think Bitcoin will be between $ 16k- $ 20 k until the turn of this year.
It would be best for everyone to buy and continue buying at this point, and hold it long term.

Chato1977

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Quote from: Franctoshi on December 24, 2022, 04:14:42 PM

In December , everything is resetting for next year 2023 and a lot of players in the market are going to be on the sideline waiting for 2023, so there's not gonna be any big price movement for Bitcoin and entire crypto market in this December until we're finally in 2023.
So I do think we'll be ending up the year with more of sideways movement in the areas of $18k-$16k.

that is so harsh mate, meaning we are not going to see anything similar happening any near soon because this is still December? and maybe in the next december(2023) would be the best to see this coming?
Well for me? I would rather see it losing now than in the next couple of years as I am expecting a great move up for the halving season.

bestcoins1

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Quote from: ilovealtcoins on December 24, 2022, 05:51:38 PM

It would be great if everyone did the same as you, bitcoin is a long-term investment, and monthly bitcoin price prediction is unnecessary and does not bring any change for us. We are still in the bear season, so it is difficult to expect a bull run, instead of predicting the bitcoin price, it is better to focus on accumulating bitcoin. I don't have as much money as you, but I still DCA monthly, and as long as bitcoin stays below the old ATH, I will DCA.

I very rarely do DCA in every month (especially this year) because I immediately buy when the price drops without making steps in each month. What you do with Bitcoin is actually very good and you can continue to do it as long as you have the ability for it. Especially if it doesn't have a problem with your finances in life. Because not everyone is able to do DCA as consistently as you are doing now on Bitcoin. And behind all that, you can definitely get bigger profits when Bitcoin increases in price more quickly at unpredictable times.

Ngemmeng

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Quote from: Franctoshi on December 24, 2022, 04:14:42 PM

In December , everything is resetting for next year 2023 and a lot of players in the market are going to be on the sideline waiting for 2023, so there's not gonna be any big price movement for Bitcoin and entire crypto market in this December until we're finally in 2023.
So I do think we'll be ending up the year with more of sideways movement in the areas of $18k-$16k.

true, after the current FTX incident most investors are still holding back and choosing to observe the direction of the market movement. maybe this is the reason why lately the crypto market movement tends to be stable. many say if in 2024 the crypto market will rise again, maybe in Q2 2023 we will see a price movement that starts to rise as most investors prepare to welcome the bull market in 2024.

ilovealtcoins

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Quote from: Ryu_Ar1 on December 24, 2022, 02:39:58 PM

Quote from: Sir Legend on December 19, 2022, 05:57:09 AM

December is about 12 days left, and the current price is around $16600, it doesn't look like there will be any big surprises, maybe the highest price still to be reached is $19k, and the lowest is probably $15k, any option from that price then i won't sell bitcoin, probably will buy more and hold long term.

I don't know, for the past few months, to be honest, I haven't done real research for bitcoin when looking at the current candlechart because my focus is still on buying every week and I open bitcoin when I only buy DCA (once a week) Grin

But indeed my reason is quite clear even though it seems so naive but I don't want to see their current condition by predicting too much and all I do is buy and buy every week.

It would be great if everyone did the same as you, bitcoin is a long-term investment, and monthly bitcoin price prediction is unnecessary and does not bring any change for us. We are still in the bear season, so it is difficult to expect a bull run, instead of predicting the bitcoin price, it is better to focus on accumulating bitcoin. I don't have as much money as you, but I still DCA monthly, and as long as bitcoin stays below the old ATH, I will DCA.

Franctoshi

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In December , everything is resetting for next year 2023 and a lot of players in the market are going to be on the sideline waiting for 2023, so there's not gonna be any big price movement for Bitcoin and entire crypto market in this December until we're finally in 2023.
So I do think we'll be ending up the year with more of sideways movement in the areas of $18k-$16k.

STT

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Very sideways at the moment, because the moving average will meet the price eventually when it does this both 2 day and weekly averages are in the same place but roughly below BTC currently. I dont think thats bullish more a lack of action leading to no signal, we are left then with the 50 day average and its convergence to price which takes place over a longer time period. Presently its above us just about, I imagine it would be something of a ceiling but no particular reaction wont make me bullish even if we drift above it for the rest of this year.
Its going to become harder to call under these movements, if the 50 week slides underneath the 200 week it will have become the first time since 2016 to do so. I heard a prediction of a 4 year lapse to any bullish movement in BTC, thats possible so long as Dollar index stays high and I might take that as my wider guide to if we shall be positive or negative. There isnt enough time left in this year to state with any confidence for BTC, its neutral to negative till substantially proven otherwise.

Ryu_Ar1

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Quote from: Sir Legend on December 19, 2022, 05:57:09 AM

December is about 12 days left, and the current price is around $16600, it doesn't look like there will be any big surprises, maybe the highest price still to be reached is $19k, and the lowest is probably $15k, any option from that price then i won't sell bitcoin, probably will buy more and hold long term.

I don't know, for the past few months, to be honest, I haven't done real research for bitcoin when looking at the current candlechart because my focus is still on buying every week and I open bitcoin when I only buy DCA (once a week) Grin

But indeed my reason is quite clear even though it seems so naive but I don't want to see their current condition by predicting too much and all I do is buy and buy every week.

buwaytress

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Quote from: ginsan on December 23, 2022, 12:18:48 PM

Quote from: buwaytress on December 19, 2022, 03:07:50 PM

~~~
Really not the same thing. More like 2018 December, when people were still insisting a new ATH was coming after corrections haha.

After going through a good period in 2021 where BTC recorded the highest price and there were many traders or social media influencers predicting that at the end of each year we will see the price of btc create a new ATH. however, they did not see the cycle that occurred where the negative things that hit crypto this year had enough impact on market conditions. indeed some of them expected a strong bounce this December but in fact BTC is not strong enough to penetrate the $20k area this month.

I usually don't like to speak too confidently in either direction, still a full week ahead left to December, and Bitcoin generally needs half a day to make serious double-digit percentage moves, so I wouldn't put $20k beyond reach.

Wouldn't bet on it -- just too little to suggest a wild change of fortunes. Of course, show me a place giving 100/1 odds or more and my money's happily there Wink

AverageGlabella

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Quote from: bestcoins1 on December 24, 2022, 09:03:37 AM

Quote from: ginsan on December 23, 2022, 12:18:48 PM

After going through a good period in 2021 where BTC recorded the highest price and there were many traders or social media influencers predicting that at the end of each year we will see the price of btc create a new ATH. however, they did not see the cycle that occurred where the negative things that hit crypto this year had enough impact on market conditions. indeed some of them expected a strong bounce this December but in fact BTC is not strong enough to penetrate the $20k area this month.

Actually it is not that Bitcoin is not strong enough at the end of this year, but the confidence of investors and traders has dimmed a little in Bitcoin after seeing some negative things that can affect the price movement of Bitcoin in the market. Because if the confidence of Bitcoin investors and traders can still increase to enter the market and buy Bitcoin at the current price, I think the price of Bitcoin can still be close to the $20K range even though it is difficult to pass it.

it means the same when people say bitcoin is not strong they are talking about the price and not the features of Bitcoin or whether it is dying or not. Investors not investing in Bitcoin makes it weaker people not sending and receiving transactions makes Bitcoin weaker. The less nodes we have makes the security of the network weaker. We need activity and investment for Btc to remain strong and we currently do not have that because of other things out of the control of btc like the recessions and pandemic.

fzkto

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Quote from: snipie on December 23, 2022, 02:20:43 PM

Quote from: Sir Legend on December 19, 2022, 05:57:09 AM

December is about 12 days left, and the current price is around $16600, it doesn't look like there will be any big surprises, maybe the highest price still to be reached is $19k, and the lowest is probably $15k, any option from that price then i won't sell bitcoin, probably will buy more and hold long term.

The economical situation around the world is getting harder for most people and I assume it affected new users in a way or another by reducing their numbers or limiting the amount they are willing to spend... If we added to that the crash of some services (FTX...) and seized bitcoin dumped in the market then we can say that bitcoin price this year isn't that bad and I expect a return to +$20k in the first months of the next year.

Only it is not clear for what reasons at the beginning of next year the price should increase, after the negative things you described. I also hope that in the first quarter there will be a local bounce of the whole market, because for the last year it did not happen once. But I still have a lot of doubts. Especially the situation with the markets around the world. So far, there are no prospects for growth.

bestcoins1

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Quote from: ginsan on December 23, 2022, 12:18:48 PM

After going through a good period in 2021 where BTC recorded the highest price and there were many traders or social media influencers predicting that at the end of each year we will see the price of btc create a new ATH. however, they did not see the cycle that occurred where the negative things that hit crypto this year had enough impact on market conditions. indeed some of them expected a strong bounce this December but in fact BTC is not strong enough to penetrate the $20k area this month.

Actually it is not that Bitcoin is not strong enough at the end of this year, but the confidence of investors and traders has dimmed a little in Bitcoin after seeing some negative things that can affect the price movement of Bitcoin in the market. Because if the confidence of Bitcoin investors and traders can still increase to enter the market and buy Bitcoin at the current price, I think the price of Bitcoin can still be close to the $20K range even though it is difficult to pass it.

Quote

I remember when the price of BTC touched $69k last year many people thought that madness was happening at that time where the average BTC holder at a price of $10k could become a sudden millionaire and that is a beautiful thing to imagine.

It is still possible to repeat this even though it will not be exactly the same as last year for those who have bought at the lowest price this year and kept it as a long term investment to wait for a price much higher than last year's ATH even though it is difficult to happen in time close because more improvement always takes a lot of time.

pooya87

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Quote from: snipie on December 23, 2022, 02:20:43 PM

Quote from: Sir Legend on December 19, 2022, 05:57:09 AM

December is about 12 days left, and the current price is around $16600, it doesn't look like there will be any big surprises, maybe the highest price still to be reached is $19k, and the lowest is probably $15k, any option from that price then i won't sell bitcoin, probably will buy more and hold long term.

The economical situation around the world is getting harder for most people and I assume it affected new users in a way or another by reducing their numbers or limiting the amount they are willing to spend... If we added to that the crash of some services (FTX...) and seized bitcoin dumped in the market then we can say that bitcoin price this year isn't that bad and I expect a return to +$20k in the first months of the next year.

The good news for bitcoin is that the governments in US and EU have been printing money nonstop which only means one thing: inflation. Whenever inflation happens and fiat money loses its value, it is an excellent news for bitcoin because not only it automatically increases bitcoin price but also helps more people around the world realize why a deflationary currency is a good thing to have so it also increases bitcoin adoption hence increasing bitcoin value.

wahyuagung26

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Quote from: Sir Legend on December 19, 2022, 05:57:09 AM

December is about 12 days left, and the current price is around $16600, it doesn't look like there will be any big surprises, maybe the highest price still to be reached is $19k, and the lowest is probably $15k,

It's not long before the turn of the year, and there are no significant changes to the value of Bitcoin, I don't think there will be any changes even though at the end of December, there is a high probability that the price of Bitcoin will remain until the end of this year.
It is likely that the price of Bitcoin will remain in the $16k - $20k range until the end of this year, this is the second bad year for Bitcoin and Cryptocurrency.

Quote from: Sir Legend on December 19, 2022, 05:57:09 AM

probably will buy more and hold long term.

I hope people prefer to buy it and hold it for a long time rather than selling it now, it looks like in the coming year the value of Bitcoin will improve.

snipie

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Quote from: Sir Legend on December 19, 2022, 05:57:09 AM

December is about 12 days left, and the current price is around $16600, it doesn't look like there will be any big surprises, maybe the highest price still to be reached is $19k, and the lowest is probably $15k, any option from that price then i won't sell bitcoin, probably will buy more and hold long term.

The economical situation around the world is getting harder for most people and I assume it affected new users in a way or another by reducing their numbers or limiting the amount they are willing to spend... If we added to that the crash of some services (FTX...) and seized bitcoin dumped in the market then we can say that bitcoin price this year isn't that bad and I expect a return to +$20k in the first months of the next year.

ginsan

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Quote from: buwaytress on December 19, 2022, 03:07:50 PM

~~~
Really not the same thing. More like 2018 December, when people were still insisting a new ATH was coming after corrections haha.

After going through a good period in 2021 where BTC recorded the highest price and there were many traders or social media influencers predicting that at the end of each year we will see the price of btc create a new ATH. however, they did not see the cycle that occurred where the negative things that hit crypto this year had enough impact on market conditions. indeed some of them expected a strong bounce this December but in fact BTC is not strong enough to penetrate the $20k area this month.

I remember when the price of BTC touched $69k last year many people thought that madness was happening at that time where the average BTC holder at a price of $10k could become a sudden millionaire and that is a beautiful thing to imagine.

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