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Topic: Bitcoin December price - page 6. (Read 7687 times)

legendary
Activity: 1624
Merit: 1200
Gamble responsibly
December 07, 2022, 09:52:19 AM
#71
I don't know how good December or any other month is for day trading. Neither do I know if anyone can make 3% every day. If it were that easy, we would all be very rich and the exchanges would go bankrupt. It seems to me that the best tactic right now is long-term investing. The risks are minimal compared to trading.
Exchanges can not go bankrupt because you are winning all the time, the profit exchange make is from the trade you make. If you win or lose, exchanges make profit from you as long as you are trading. The amount of money that you win are lost by other traders while the amount you lose are won by other traders, it has nothing to do with the exchange that you are trading.
legendary
Activity: 1064
Merit: 1228
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December 07, 2022, 09:35:07 AM
#70
December price is still affected by the FTX issue and afraid that if there is a big case after FTX, I believe if there are no more cases like FTX then the price could touch $18k or more, and now the price is still cheap and a good opportunity to buy.
Investors tend to worry because of FTX, that's very normal. But you have to move on and can't keep thinking FTX is a problem that will always make the fear won't go away, the worry will go away soon and the market will recover and this is the optimism you should have. Remember we are getting closer to the halving, that is good news for bitcoin. Investor confidence in bitcoin will continue to increase and this will make its price rise. So before you miss the ship, then fill your bag with bitcoin and that is the best advice for anyone who is still optimistic about the future of bitcoin.
member
Activity: 1078
Merit: 12
December 07, 2022, 08:40:19 AM
#69
December price is still affected by the FTX issue and afraid that if there is a big case after FTX, I believe if there are no more cases like FTX then the price could touch $18k or more, and now the price is still cheap and a good opportunity to buy.
hero member
Activity: 1498
Merit: 711
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December 06, 2022, 05:40:14 PM
#68
It has been a week in December and it seems that there will be no big movement that occurs, maybe the maximum price range is $ 18K and the lowest $ 16K, but this is good for daily trading because it can get a profit of 3% per day or more. So always think positively.
That's while it's advisable to utilize the time frame of cryptocurrency, so i believe that cryptocurrency or trading neither investment, is something that someone adventure with precaution, so in terms of Bitcoin price, it's certain that the price of Bitcoin have its regulations, so i believe that cryptocurrency price reduce or increased, it's normal from my understanding.
hero member
Activity: 1414
Merit: 542
December 06, 2022, 04:27:47 PM
#67
It has been a week in December and it seems that there will be no big movement that occurs, maybe the maximum price range is $ 18K and the lowest $ 16K, but this is good for daily trading because it can get a profit of 3% per day or more. So always think positively.

Bitcoins at first showed positive attitude, but later on it stuck in this price segment. It’s trying really hard to break the resistance, but nothing good can be seen. Yes daily traders can take profits from it, but I am afraid that anyone will sell these precious Bitcoins for such a small profit. I mean the ones holding Bitcoins, are for long term only, atleast majority of the holders are doing this. Nevertheless there are more 3 weeks left for this month. Let’s hope for the best and Bitcoins to the Moon.

The resistance is $17k so I guess we might end the year around that price.

It's also worth noting that this is the first time that we experience a bear market wherein the price before the year was way below the last all time high in 2017. Nevertheless we should look forward next year, it could still be a bear market but if we can survived from seeing the price going to $69k to $15k then definitely we will all get thorough next year. We just need to be resilient and tough on this trying times and long for the long term.
hero member
Activity: 3164
Merit: 675
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December 06, 2022, 03:53:22 PM
#66
It has been a week in December and it seems that there will be no big movement that occurs, maybe the maximum price range is $ 18K and the lowest $ 16K, but this is good for daily trading because it can get a profit of 3% per day or more. So always think positively.
I don't know how good December or any other month is for day trading. Neither do I know if anyone can make 3% every day. If it were that easy, we would all be very rich and the exchanges would go bankrupt. It seems to me that the best tactic right now is long-term investing. The risks are minimal compared to trading.
Day trading doesn't really have a month, it has days, and some days it is easier to make money and some days it is not. I am guessing that it will not be easy for people to end up realizing how it could be done, and there are some situations where it will be a lot harder to handle, but that doesn't change the fact that we are going to end up with a lot of trouble if we just focus on overall long term results if we are doing short term day trading.

Just look at that day, look at the candles, 5 minute, even 1 minute, and you will be able to understand what's going on a lot better and the results will be a lot better as well, would be a great return if you know what you are looking at.
legendary
Activity: 1064
Merit: 1228
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December 06, 2022, 01:53:45 PM
#65
Bitcoins at first showed positive attitude, but later on it stuck in this price segment. It’s trying really hard to break the resistance, but nothing good can be seen. Yes daily traders can take profits from it, but I am afraid that anyone will sell these precious Bitcoins for such a small profit. I mean the ones holding Bitcoins, are for long term only, atleast majority of the holders are doing this. Nevertheless there are more 3 weeks left for this month. Let’s hope for the best and Bitcoins to the Moon.
Bitcoin is predicted to have a hard time breaking through the $20K level this December, but it is possible to trade above $18K following the positive trend of the last few days. But for now it is difficult to predict the market considering the impact of the FTX collapse is still very torturous for investors to immediately return to investing. It is possible that the bearishness will continue into early 2023, but if demand picks up on other positives, I think we will be in a better trend soon.

The market will improve and recover as soon as FTX collapses, but it will take a little time. So I wouldn't think bitcoin is go to the moon anytime soon if it doesn't have big things support it up.
copper member
Activity: 2268
Merit: 539
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December 06, 2022, 11:15:52 AM
#64
It has been a week in December and it seems that there will be no big movement that occurs, maybe the maximum price range is $ 18K and the lowest $ 16K, but this is good for daily trading because it can get a profit of 3% per day or more. So always think positively.

Bitcoins at first showed positive attitude, but later on it stuck in this price segment. It’s trying really hard to break the resistance, but nothing good can be seen. Yes daily traders can take profits from it, but I am afraid that anyone will sell these precious Bitcoins for such a small profit. I mean the ones holding Bitcoins, are for long term only, atleast majority of the holders are doing this. Nevertheless there are more 3 weeks left for this month. Let’s hope for the best and Bitcoins to the Moon.
hero member
Activity: 2576
Merit: 579
December 06, 2022, 08:03:03 AM
#63
It has been a week in December and it seems that there will be no big movement that occurs, maybe the maximum price range is $ 18K and the lowest $ 16K, but this is good for daily trading because it can get a profit of 3% per day or more. So always think positively.
Thinking positively is the way it should be, but getting a profit of 3% is also a challenge that basically won't always be easy. Because traders also cannot be sure how long price fluctuations like now will last. Although as long as it can be used for profit, I think it would not be too bad to do because remembering it is only for daily profit.

And one more thing is that the increase in the price of Bitcoin is not determined by the name of the month (December), but is always determined by the number of buyers in the market or enthusiasts who always want to get Bitcoin at prices they can afford.
copper member
Activity: 1316
Merit: 715
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December 06, 2022, 07:56:36 AM
#62
It has been a week in December and it seems that there will be no big movement that occurs, maybe the maximum price range is $ 18K and the lowest $ 16K, but this is good for daily trading because it can get a profit of 3% per day or more. So always think positively.

December is not going to be much different from previous months for Bitcoin & its price is likely to be hovering around 17K but is good if it stabilizes here and doesn't slide down. Market is sluggish & lacks any trigger that could create buying momentum for traditional December rally before the Christmas holidays. The FED meeting in mid-December and CPI data release before the meeting, are likely to determine the next direction of market.
sr. member
Activity: 2282
Merit: 439
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December 06, 2022, 07:03:24 AM
#61
It has been a week in December and it seems that there will be no big movement that occurs, maybe the maximum price range is $ 18K and the lowest $ 16K, but this is good for daily trading because it can get a profit of 3% per day or more. So always think positively.
I don't know how good December or any other month is for day trading. Neither do I know if anyone can make 3% every day. If it were that easy, we would all be very rich and the exchanges would go bankrupt. It seems to me that the best tactic right now is long-term investing. The risks are minimal compared to trading.
full member
Activity: 2548
Merit: 217
December 06, 2022, 05:04:42 AM
#60
Staying at 16k , though crossing small up to 17k ?

https://coinmarketcap.com/currencies/bitcoin/


This may sound good but this will stay this way all December , I also wanted to believe that in 2023 there are more bearish to come and the start of true recovery is in 2024.
in the mean while? we will expect this bad as what we can get.

Possibly. I mean there's not much to expect in 2023 for Bitcoin especially that we continue to hear news with stuff like what happened with FTX and with the global economic burden that doesn't seem to have a working solution just yet.
People speculates either Bitcoin will bottom somewhere close at $10k or could be better than recent price and could play along the region of $20k-$30k. Not expecting another huge run next year, but 2024 could be more likely.
Hopes are always there of course but we also knew that market does not show good potential in moving up high any time soon though there are a enough increase at least since yesterday.

https://coinmarketcap.com/

the market is greening and with small act? then that is good show of growth for at least before the year ending.
member
Activity: 181
Merit: 10
December 05, 2022, 08:28:32 PM
#59
It has been a week in December and it seems that there will be no big movement that occurs, maybe the maximum price range is $ 18K and the lowest $ 16K, but this is good for daily trading because it can get a profit of 3% per day or more. So always think positively.
member
Activity: 686
Merit: 21
December 05, 2022, 05:00:27 PM
#58
The price of Bitcoin does not have any specific time for each to increase or for it 2degrees so it is depend on the market structure that will determine if the increment of Bitcoin will arise within the space of a given time or not so they are so many people think that bitcon increment is determine by the numbers of year
sr. member
Activity: 1344
Merit: 311
December 05, 2022, 04:08:41 PM
#57
I wouldn't say that there will be bullish again this December, because from the overall sentiments, we are still very much on the bullish state. But there could be some spike in the price this December. Maybe at least getting to the former lowest low of $17,500 will be a good target at least for me.

Yes, we did hit $17k earlier or in the last 24 hours, but now the price is slowly going down again to $16,800-$16,900.

So it means there are traders who maybe bought with the price hits $15k and trying to make some money at this price.
Of course there have been price drops after increases in the last 24 hours. This is part of the marketing strategy. But I'm sure this decline will soon be replaced by a green chart. I see a large number of stable coins on a red chart, this indicates that buy orders are on Bitcoin or on non-stable cryptos.
But that 1% chart change is a huge number for those trading in Bitcoin. Of course we need to take steps to anticipate losses in the event of a drop in a short time.
legendary
Activity: 2338
Merit: 1124
December 05, 2022, 12:06:52 PM
#56
I hope in December is that the price will skyrocket soon and be able to return to the $20k level, if the price is still below $20k, I think 2023 will be even more difficult, especially since the current challenge is the global recession which can make investment performance decline and have an impact on bitcoin. and hopefully today's positive trend can continue so that the market recovers soon.
Shouldn't you be resting and trying to get healed before the world cup ends so that you can play for Juventus for the rest of the season? Lol, just kidding. I do agree that December price should be increasing the price very soon, it would be a lot better in the long run and for now it will have a small start.

I am not sure if it will be 20k or 19k or 18k or 22k, no idea where it will go, but I do believe that it won't be down, and it will be up, will it be %5 or 10% or 20%, none of that is known for now but the direction. That is my guess though, I agree with you but we could also be wrong and it could be 14k and drop so we really can't say what will happen for sure.
member
Activity: 1232
Merit: 12
December 05, 2022, 09:47:23 AM
#55
I hope in December is that the price will skyrocket soon and be able to return to the $20k level, if the price is still below $20k, I think 2023 will be even more difficult, especially since the current challenge is the global recession which can make investment performance decline and have an impact on bitcoin. and hopefully today's positive trend can continue so that the market recovers soon.
sr. member
Activity: 1358
Merit: 253
December 04, 2022, 11:43:06 PM
#54
Today the price can return to $ 17k and make me optimistic that the December will touch again $ 20k, maybe we will see a surprise price that can drop again even lower than the previous position, there is a good thing when the price of dropping is we have to buy more Many, don't give up and panic because everything will improve soon.
member
Activity: 737
Merit: 11
December 03, 2022, 10:46:33 AM
#53
If you look at the trend that occurs in these 3 days I'm sure that in December the price will be able to pass $ 20k, you might be able to reach at least $ 23k, if the $ 23K scenario occurs in December then I'm sure that the 2023 market will rise and touch at least $ 40k.
STT
legendary
Activity: 4088
Merit: 1452
December 04, 2022, 06:57:45 PM
#53
Sideways drift till we break range and then prove the break is solid support by trading above that prior range.  So for all those conditions to get proven in December is not that likely, its a process that takes time like healing broken bones its best not to have impatience for the best heal to occur long term.
  We're above weekly average, below monthly at 17.5k aprox. and also 50 day average is in decline, these flags all need to fly the same way for a take off condition otherwise we are somewhat turbulent which is understandable.   Very short term I see we are somewhat positive but I would estimate greater momentum must come into play hence I do think more then just this month for full process.
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