Topic: Bitcoin December price - page 8. (Read 7637 times)

What positive news?
I'm quite curious about what you can define as positive at this point, Pizza Overlord accepting Bitcoin and some app allowing people to transfer bitcoins? An exchange having a partnership with some company or getting a license in some country?
Would those make people pour in 8 billion dollars that FTX managed to fuck up in a single move?
To see a bullish trend we need a bullish trend in the real economy, fortunately, enough inflation is peaking and the small hint about the FED not hiking rates that much next time already gives us a breather with the market reaction instantly, so if something good will happen it will do so because of outside factors.

This one didn't age well, let's see the November prediction harvest, maybe better wine!



Again with the positivity, like that would mean something.
We don't need positivity we need money, millions and billions to be thrown at the market, we need people to start purchasing a ton of bitcoins with real money and hold them, and might now as you can see in this trend there is no money flow happening because positivity alone is not a money printing machine.

Now, what sign do we have that those billions are going to enter the market this December? None!
Unless there is a major economic shift and we see a complete u-turn in all traditional markets from stocks to bonds to everything else there won't be anything more than another short-lived bounce.

Early December began with a good movement, after the FTX case that made panic and had touched the lowest level of $ 15k but today the price has touched $ 17k, I'm sure the price can reach $ 20k in a week and will continue to rise even though sometimes there is a correction but it won't Stop the pace to reach $ 25K.

Well if we are talking about strong support, it will be around $20k. And so we are very far from reaching it although the market somewhat bounce to $17k at the start of the month. So not bad and hopefully it will maintained this price level up to the end of the month.

I'm not looking for a big increased this December, although majority of us wanted to see the end of this year at a good price, not going to happen with still the effect of FTX still in the air. And with that, it doesn't make any sense to sell as you you have said, don't sell at cheap price, we just have to be patience and wait for a good timing to sell our precious bitcoin.

december will be a bullish month for bitcoin because we have seen the price of bitcoin holding at $ 15k and making strong support.
And there is a possibility that bitcoin will try to breakout again from $ 20k at the end of this year, yes the negative sentiment has also slowly disappeared and good news is starting to come,
don't sell cheap, buy gradually at a price of $ 14k to $ 16k is the right way.

I disagree with calling what happened a "downtrend" or a "bear market". If you look at the charts this was a quick crash that took less than 48 hours. And from November 8-9 till today price is stable so there is no "down trend" going on just a sudden crash which unlike 2017 was a small crash (about 20%) since we used to see 30 to 40% crashes whenever such bad news came out.

There has been lots of positive news this whole year but the problem was the global economy that entered inflation + recession mode ever since February. That could not really be predicted which is why I don't see any logical way anybody could have predicted the 2022 bear market.
In fact if you look at the predictions of those times some people were expecting a bear market for WRONG reasons such as the cycle that had been already broken.

In any case I don't see any change in December either. We may go back above $20k but not a big change in the side ways market can be seen until the global economy reaches a stability or crashes hard enough to push people towards bitcoin.

Bitcoin increased to $17000 and decreased below it recently, it also happened two days ago, but before we entered into the new month, it increased slightly above $17000 which may be the support price now. If bitcoin is still less than $20000 this month but around $18000 or $19000 is still better, even a slight increase is what would give people confidence that will lead to bull run. Only what I am not expecting is the furtherance of bear market.

At least, the increase in bitcoin to $17k this time can make me a little happy because the value of my assets can increase and even though this is still far from my target of wanting to sell bitcoin above $70k-$90k, I can still be patient to wait. This December might bring good changes for bitcoin so the price can go higher. At the very least, if all goes well, the bitcoin price should be able to return above $20k-$25k this month. Maybe that sounds too high but I can only hope.

obviously there are no best thing to come this year alone mate because we are just a month away before ending and there are not even one good news to expect and respect , but I still believe that there will be a small increase waiting for all believers , at least below or above 20k?
that would be a big happiness to those who plans withdrawing this Christmas and New year time.(of course one of thos is me lol)

Dont know on whats up into those mind where they do consider on selling out their coins in loss which is totally bullshit i would say.They do know that they would really be in loss but still continuing such act.
If we do look sensibly and with having that common sense which we could really see that prices could really make out recovery.We arent only talking about Bitcoin but also in other altcoins as well which
it is really totally insensible if you do make out some panic selling just because you are seeing the price does make a sharp drop.
Speaking about december prices then this is something that cant be predicted as always.We do have those thoughts of last month of each year increase price situations but it doesnt
always happen.

Me either but that made sense because if we sell now, we will only get a loss not profit. Aside from holding, we do also buy if we have an extra funds. For bitcoin, it's okay to expect big because we already saw in the past if what it can do. We should only expect less on coins who are still new or not in the level of btc because there is a chance that they will only disappoint us.

My prediction for btc in December is positive because right now, I can see that we are above $17k and once we stabilize there, it's possible that more recoveries are going to follow. We may see $30k in the mid of December which was great because it's been a long time since the last time we see it.

The market will recover over time, but I don't expect much recovery around December 2022. Moreover, the negative sentiment in the market due to FTX has not been completely forgotten so that investors are worried that lower prices will make the market recovery slower. I expect a better recovery in mid-2023, and now I think we will still be bearish even if the market looks positive today.

The point is that the increase from 16k to 17k is the amount of money that you will see before it goes to 20k, you can't go from 16k to 20k without hitting 17k in the middle. Right now, people are wondering if that's the case, or was this the only increase we will get. Maybe it went from 16k to 17k and then will move to 20k, or maybe it went from 16k to 17k and then stays here.

We do not know which one is the case, but there are some group of people like me who thinks that the price will continue to go up. I think it will definitely go up, and that means we are going to see plenty of increases and we are not too late to get in just now, we can still jump in at this price.

It's not completely going to go up 100% in december even though it's down to $20k because bitcoin is still in support at $16k today it's slightly inclined to go up to $17k but it doesn't last long and it's below that again which is clear I predict still under $20k in the month ahead.
I know this has to be a positive thing about the market, and I would not pass up this opportunity to buy low and hold it, but some traders take advantage of opportunities with a small upside it will be a valuable advantage for them.

Let’s think positive and so do expect Bitcoins for an upward movement. Currently seeing the price, and the past graphs, it’s 100% sure that Bitcoins will move up in the December. I mean it won’t fall down atleast. If Bitcoins anyhow manages to touch 20k usd by the end of this year, the definitely we gonna see a good growth in the next year. So I am advising each and everyone to buy as many Bitcoins as you can in this bear market price, later when price goes up, we will regret for missing the golden opportunity to buy Bitcoins in cheap.

If bull run will start, it can not be fast like a flying eagle, it will show some green and red hour candles but with net price increase. If bitcoin get to $20000, it is good, it may stay there or fall slightly less, but staying there for awhile would be an indication that more people will buy just to leave this bear period, this would be what will lead to the next bull run in which bitcoin may rise above $30000 to $40000. The profit from just  buying at $16000 if it grows to $20000 is not small amount of money for those that bought at low price. But that is not the main point, the main point is that buying bitcoin now is going to be highly profitable, the best time to buy is when some people are not buying because of the market condition is red for a long time which is a time like this. I too expect $20000 to be a resistant price, but likely before next three to four months, bitcoin would have surpassed that price again.

Since November is coming to an end today and the price of Bitcoin still remain $16k, I guess December will be more better than November by pumping high for customers to feel the sign of bull season in the market. Bitcoin price will reach $30k in the month of December for long term traders to believe that the price will surely return back to $40k before the end of December 2022, which is the price many traders are expecting from the market so that they will have enough money to celebrate new year.

As much as some talk about positive things (which are actually far from it), I think that by the end of the year you shouldn't expect anything more than max $20k in the best case, and if we hit a new bottom (which is not impossible), send a holiday card to those who started this whole shit show (Kwon&Bankman).

---

No matter how hard you try to find news that should mean the end of the bear market, you forget that recovery cannot start by itself or at a time when people are struggling with inflation and have additional costs caused by the fact that they have to pay for heating. I don't want to diminish anyone's contributions, but the richest markets are in the Northern Hemisphere, and it's not the best situation there in terms of people investing in anything, let alone Bitcoin.

Bitcoin is gradually surging up, so as other crypto currency coins. I believe this would continue to happen throughout the month of December but I don't see it going way beyond 20K. But hopefully next year we will see a significant rise although many still predict bearish period at start of 2023,  so let's continue DCAing. But I won't speculate more because I tend to get it wrong almost all the time.

One thing I observed in the November bearish period is that bitcoin has a strong stability at 16k, and it would be hard to lower than that even if we face another bear period again

Prediction & speculation is rather tiring and boring about crypto market and types of crypto in 2022, many crypto experts are circulating and speculating, aimlessly and many fall into black holes.

Well, for that I am now and also in December 2022, not guided by speculation, I like to be guided by my personal conscience, especially about the development of the crypto market and especially Bitcoin, I think it's better and calmer for me, than I have a confused mind that is not directed.

In general, every crypto user has a different understanding and opinion in crypto speculation, some cannot be separated from speculation and some are not guided by speculation, for me December Bitcoin price will decrease lower than the current price, that's my observation.

What has changed to make the price different in the next month? December represents the end of the year and the holiday season, humans tend to spend money.

We can see some decisions during this month:

• Federal meeting.
• OPEC+ meeting.
• Putting a price ceiling for Russian oil.
• The beginning of the winter month.
• Close budgets in most countries.

All will not lead to payment at the earliest level of resistance, so it will be a traditional month, the price will not achieve any surprises.