Bitcoin Market Chart November and December 2023!! - page 2.

kro55

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Quote from: GreatArkansas on November 13, 2023, 09:28:54 PM

Quote from: Kemarit on November 13, 2023, 05:00:01 PM

I voted for $40k - $45k.

It's a conservative estimates for me, and I chooses this price range because it seems that the somewhat the bullish sentiments has stop as we have been in the sideways again. So this could last maybe a couple of weeks or until This November. It's not that bad though, maybe we are just gathering another momentum and if there is a big news in the December then we can simply shoot up again to $40,000 as this is the biggest resistance.

Me too, even though Bitcoin block halving is fast approaching, so I'll go with a reasonable price, we only have 1 month left this year and for me, even Bitcoin will just hold $40,000 until next year, it's already good to me because I believe we will have new all-time high next year, before Bitcoin block halving.

You are one of the few people who have a contrary opinion to the crowd that we will have a bull season before the halving and we will create new history. I've also seen some of these predictions on other social networks but not many people support them and most of these predictions come from people who are quite bullish on the ETF. Many believe the SEC will have to approve ETFs in January this year and that will trigger the bull season earlier than usual.

Everyone has their own opinion about the market and no one knows in advance what will happen, so the market will always have winners and losers. As for me, I still believe history will repeat itself again.

GreatArkansas

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Quote from: Kemarit on November 13, 2023, 05:00:01 PM

I voted for $40k - $45k.

It's a conservative estimates for me, and I chooses this price range because it seems that the somewhat the bullish sentiments has stop as we have been in the sideways again. So this could last maybe a couple of weeks or until This November. It's not that bad though, maybe we are just gathering another momentum and if there is a big news in the December then we can simply shoot up again to $40,000 as this is the biggest resistance.

Me too, even though Bitcoin block halving is fast approaching, so I'll go with a reasonable price, we only have 1 month left this year and for me, even Bitcoin will just hold $40,000 until next year, it's already good to me because I believe we will have new all-time high next year, before Bitcoin block halving.

JoyMarsha

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Quote from: Out of mind on November 09, 2023, 12:18:21 PM

And if we see the Bitcoin market at the end of November, then surely we will see more changes in the BTC market in December. If the Bitcoin market is bullish towards the end of November, it will certainly be bullish in December. I think the Bitcoin market may touch $45k to $50k by December. I think if it continues as per the current market position, the Bitcoin market may be at this stage by the end of 2023.

Now my question is, will the BTC market touch, $45,000 on the End of November? Huh

Will the Bitcoin market touch $50,000 by the end of December 2023?

I like how you state and recognize the fact that if the Bitcoin market could be bullish in November, it could also be bullish in December. That's a well known fact.

From the start of this month(November), bitcoin has been pushing through in price and it has risen a whole lot close to $5k additional price from its last month's price($33k-$38k)

Well if that can be so, I am expecting the price of bitcoin to at least reach $40k at the end of the month. But as for this December, I am expecting Bitcoin to reach $45k or go a bit higher in price because the crypto tends to be positive this November.

Kemarit

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I voted for $40k - $45k.

It's a conservative estimates for me, and I chooses this price range because it seems that the somewhat the bullish sentiments has stop as we have been in the sideways again. So this could last maybe a couple of weeks or until This November. It's not that bad though, maybe we are just gathering another momentum and if there is a big news in the December then we can simply shoot up again to $40,000 as this is the biggest resistance.

karabiber

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From a macro point of view, I think that Bitcoin and some other altcoins have risen or have been raised due to the war in the Middle East. Bitcoin started to rise right after the war started and still hasn't corrected. Considering that the indicators of the world economy are not positive and that no asset will rise continuously without a correction, I think this rise in Bitcoin is purely to divert the interest and reactions to not the war and to show that the market is actually not affected by the events at all. As you know who is in control of the money and the markets, we see rises.
I think the correction in Bitcoin will happen when the war stops, when the parties sit at the agreement table. Until then, they will continue to experience the market euphoria for show. Of course, the Etf approval also has an impact, but the news of the Etf approval has already been bought.

kotajikikox

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looks like I am the only one who votes from 40-45k dollars here and majority votes for 40-42 in which i believe a little short and actually i was going to take up to 48k but i change my mind.

November might not be the month because it is sweeping back down now but maybe in December at least middle of the month?

but what we are all agree here that bitcoin will break 40k and that is what we wanted to attain here.

adaseb

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I think until the etf is actually approved this rally will continue. The rally might stall when the etf is approved and about to be launched. Many are considering this to be a sell the news event like before.

So it would be best to get approved in Jan instead of Nov because the approval might stall the longer rally since many will want to take profit the day the etf goes live on the stock market.

Gaza13

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Indeed, currently the market trend shows the development of Bitcoin prices very well. Of course, if Bitcoin touches that price we will definitely be happy to see it, of course I don't think Bitcoin will touch the price of $45,000 yet, because in the middle of November now, I saw a little bit today. experiencing a price decrease, it doesn't really have a big impact.

Everyone just predicts or analyzes according to their knowledge what the price will be this month, no one can predict it correctly. Maybe all the members here really believe in bitcoin, it would be better if they trusted this asset and continued to buy it and hold it until the halving arrived. It is everyone's dream to become rich, but how much money have you invested so far if you become a millionaire? To become rich, it takes time to sell bitcoins, it takes 10 years or more before you can enjoy the extraordinary results.

hatshepsut93

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I have a feeling that when this minor bullish momentum will run out of steam, the direction will get reversed and we'll start testing the current support levels. If it will happen soon, it will be $34k, if later than it will be higher levels. I would love to sell a larger bullish trend, but historical precedents tell us that the market does not turn fully bullish before the halvening but rather after it. And every time we think "this time it will be different" - it doesn't.

mirakal

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We saw how positive bitcoin price these days and if this will continuously happen until year end, then its safe to see $40k-$45k price range for bitcoin before 2023 ends. However, this is just my own price speculation as we can't still be sure what's in store for bitcoin in the next days and month. It could end up like a roller coaster ride just like the previous years or it could reach a new all time high even before bitcoin halving sets to happen.

Nobody actually knows what would be the bitcoin price destination this year, but I am certain that if bitcoin price will suddenly create a price decline, I'm sure it will recover quickly most especially that we are heading for bitcoin ETF approval and bitcoin halving that is due by early next year.

rhomelmabini

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Quote from: Out of mind on November 09, 2023, 12:18:21 PM

Now my question is, will the BTC market touch, $45,000 on the End of November? Huh

Will the Bitcoin market touch $50,000 by the end of December 2023?

I think not, I guess the maximum it could touch would probably be at the $40k-$42k level besides $40k is a psychological area to touch with, that decline on the $38k was probably a sign that it may consolidate. I think the market is just waiting especially with the ETF approval but if it could even hint a thing I guess the market would react pretty quickly that it may touch some of chart levels.

adultcrypto

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Quote from: Johnyz on November 10, 2023, 05:19:19 PM

The target of $50k can be reach but still depend on how the profit taking takes place because we all know many will grab this opportunity to secure their profit and we cannot stop them from doing this.

Who are the people taking profits and how does their profit taking affect the price of Bitcoin? If you understand how the Bitcoin market works, you will see from the data the OP provided that the year leading to halving is not always the time for profit taking but time the big capital start entering the market, that is why the price don't always dump towards the end of the year. The people that are trading short term would have already taken their profits by now since they bought during the period of consolidation, around $26k-$29k and when price went down below $20k.

Quote from: Johnyz on November 10, 2023, 05:19:19 PM

Though, I’m still very positive that we will end this year at a higher price, let’s just hope that the current momentum will sustain and the whales will not make any big moves again that will hurt the market.

I am projecting price to remain above $40k by the end of this year, we are already close to that zone. I don't expect much dumping again because there are many things that can make price pump hard. Cheesy

aylabadia05

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Quote from: Out of mind on November 09, 2023, 12:18:21 PM

Now my question is, will the BTC market touch, $45,000 on the End of November? Huh

Will the Bitcoin market touch $50,000 by the end of December 2023?

$40k - $45k. Bitcoin market price speculation in November is already entering its second week until December. 2024 we are excited Bitcoin market price will start at $40k.

In the current time period until the end of December, it will be like waiting for the countdown to the seconds for the New Year's trumpet to sound, meaning that if the correction does not occur again, as has happened in the last seven days, the price will drop to below $35k and return to the previous $37k. close to $38k. Slowly and confidently, hopefully the graph movement will no longer be downwards but upwards.

TravelMug

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Quote from: Nrcewker on November 11, 2023, 09:34:40 AM

Bitcoins have really impressed everyone this month. The sudden jump from 25k to 37k usd has really shocked everyone and to be honest everyone enjoying it. The adrenaline rush is high and everyone wants to make profit from it. As we know that the price of the coin will touch new ATH price in 2024(due to the 4 year cycle pattern), so we expect that by the end of December bitcoins will cross atleast 50k usd. This all depends on the demand to accumulate Bitcoins kept by the people. So let’s hope for the best.

Right, it never ceases to amaze us how Bitcoin goes from last year lowest low of $15,500, to the current price of $37k. We have a thread that says that we are already up by 127%, so that is a big increase and I doubt that any other assets can give you that profit in just 24 hours. And so it's another indicator that there is really a demand, it might start very slow because of the bear market, but after a year, and as we approach block halving, market is slowly getting back and with that I have voted for $45k-$50k at the end of the month.

I think this is the big number but as we have said, this market has a lot of surprises so it's possible that with the bullish sentiments still very high, the market will continue to grow. And yeah, just continue to accumulate, there's no secret formula here. If we wanted to make profits then that's it, buy, HODL and then wait for the right time to sell around 2025.

Nrcewker

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Bitcoins have really impressed everyone this month. The sudden jump from 25k to 37k usd has really shocked everyone and to be honest everyone enjoying it. The adrenaline rush is high and everyone wants to make profit from it. As we know that the price of the coin will touch new ATH price in 2024(due to the 4 year cycle pattern), so we expect that by the end of December bitcoins will cross atleast 50k usd. This all depends on the demand to accumulate Bitcoins kept by the people. So let’s hope for the best.

Johnyz

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The target of $50k can be reach but still depend on how the profit taking takes place because we all know many will grab this opportunity to secure their profit and we cannot stop them from doing this.

Though, I’m still very positive that we will end this year at a higher price, let’s just hope that the current momentum will sustain and the whales will not make any big moves again that will hurt the market.

Wiwo

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Quote from: Husires on November 10, 2023, 03:21:24 PM

Quote from: tabas on November 09, 2023, 06:13:49 PM

It all depends and we don't have a definite answer with that because we're all speculating and all the answers will be likely predictions and guesses. Both of those questions have the answers of 'probably' and that's because we're moving up and since today,

Price predictions vary according to variables. If the price reaches 40,000 before the end of the month, many will say that the price of Bitcoin will be 50,000 or 60,000 before the end of the year. If it was 50, people would say 60,000 or 70,000, and vice versa, if we return to the point of 30,000 or even 20,000, the prediction changes. According to the current price, even if it is based on technical analysis indicators, the price of 48k seems accepted.

Yes exactly if Bitcoin price continue in an uptrend direction for a while, the direction of market speculators will change and the start predicting according to the short-term sentimental beliefs and that can indeed confuse most of the newbies in the market if they follow such speculations, but then at some point, there is a way that the market will behave for a certain time duration that may trigger up our appetite to make such speculations.

But then I also have a positive mindset for Bitcoin market for the time being and I am sure that I will not be surprise to see a 40+k price record before the end the year.

tabas

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Quote from: Husires on November 10, 2023, 03:21:24 PM

Quote from: tabas on November 09, 2023, 06:13:49 PM

It all depends and we don't have a definite answer with that because we're all speculating and all the answers will be likely predictions and guesses. Both of those questions have the answers of 'probably' and that's because we're moving up and since today,

Price predictions vary according to variables. If the price reaches 40,000 before the end of the month, many will say that the price of Bitcoin will be 50,000 or 60,000 before the end of the year. If it was 50, people will say 60,000 or 70,000, and vice versa, if we return to the point of 30,000 or even 20,000, the prediction changes. According to the current price, even if it is based on technical analysis indicators, the price of 48k seems accepted.

Yes, that's exactly what will happen. We hear good predictions if the move is positively upwards and then if we see the negative price point going downhill then we're going to mostly hear that it's going to be bearish.
You're right about that term that it's gonna be about variations or variables. So, what predictions we'll hear are dependent to it. And only a few predictions that we've heard to be stable from people that's keeping themselves bullish even during the bear market.

Husires

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Quote from: tabas on November 09, 2023, 06:13:49 PM

It all depends and we don't have a definite answer with that because we're all speculating and all the answers will be likely predictions and guesses. Both of those questions have the answers of 'probably' and that's because we're moving up and since today,

Price predictions vary according to variables. If the price reaches 40,000 before the end of the month, many will say that the price of Bitcoin will be 50,000 or 60,000 before the end of the year. If it was 50, people will say 60,000 or 70,000, and vice versa, if we return to the point of 30,000 or even 20,000, the prediction changes. According to the current price, even if it is based on technical analysis indicators, the price of 48k seems accepted.

tabas

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Quote from: Out of mind on November 09, 2023, 12:18:21 PM

Now my question is, will the BTC market touch, $45,000 on the End of November? Huh

Will the Bitcoin market touch $50,000 by the end of December 2023?

It all depends and we don't have a definite answer with that because we're all speculating and all the answers will be likely predictions and guesses. Both of those questions have the answers of 'probably' and that's because we're moving up and since today, we've seen $37k again and then got some pull back. That's a normal move for Bitcoin and getting to see with some $8k gain for the entire month of November, plausible but again we can't have accurate answers for this one. So, while everyone is celebrating already, expect some pullbacks and corrections along its way to the top.

Topic: Bitcoin Market Chart November and December 2023!! - page 2. (Read 359 times)