Topic: Bitcoin sentimental poll and discussion for December (Read 347 times)

If the voter who has voted that bitcoin will not increase more than $100k has not bought some bitcoins for his Christmas wallet and for his New year's resolution, it is not too late according to VanEck hehehehehe. VanEck has predicted that 2025 will have a much bigger bull market than 2024.

All these Christmas present that you will receive, sell them to buy more cryptocoins heheheh.



If you missed out on the surging crypto market in the latter part of 2024, you might still have a chance to get in on the action.

According to VanEck’s 2025 predictions, the coming year could have even more in store, including another leg up for Bitcoin, a potential resurgence of NFTs, and breakthroughs in decentralised finance.

“We believe the crypto bull market will persist through 2025,” VanEck states.

Read in full https://www.dlnews.com/articles/defi/missed-2024-crypto-boom-vaneck-says-2025-could-be-bigger/

Six figures have already been achieved currently but we're yet to know how high it could get, we're in a bullish season and I think it would continue to remain bullish till the rest of the year, though their would be some corrections but then I think it would maintain six figures till the end of the year, Bitcoin has shown potential to grow higher, the six figures it's in currently is a prove and there's a possibility that we could see it go higher, I believe it would progress and  beyond the current ATH before the end of this month, we're close to the middle of the month and therefore the possibility of that happening is positive and I believe that by January, those who are still reluctant in building a better portfolio or hoarding more at this current price would regret to taking a bold step when it makes a massive progress by next year, let's see how it goes though.

Generally the cumulative movement of Bitcoin has been bullish since it's inception just that it's not an instantaneous flow of bull, it makes some corrections and still moves up wards, of it weren't then the price of Bitcoin would have remained that which we have known after it's inception but since then it's made some very tremendous massive progress which has created that disparity in the price variation but then this December it may take some time to make some corrections and may further proceed by January because it's been moving bullish in the past months before now.

2 day average underpins the last prices today and its actually aligned with the weekly average making it fairly important for BTC to gain right now rather then later.  The highs are the same its been for a week and Ive drawn in resistance there as it seems correct at least short term.

With Dollar index also higher since the election its fair to consider BTC will trade sideways and consolidate the gains rather then continue with a trend of gains across December also.

And looking at the votes, it seems that we have anticipated that $100k will be broken, although I thought that it could be with the last week of this month. But bullish cannot wait for it and so they decided to make a push for it in the last 24 hours.

Although there is some minor dip to $96k, the price is still going strong and now at $98k and I wouldn't be surprised if we are going to touch that $100k before the end of the year. But this time, no more correction, as it could be the resistance and obviously we are going to look at the next barrier of $110k. And then 2025 could be the biggest price jump that we might have seen, and it could be record breaking. For now, every celebrating that $100k specially long term holders.

People should not underestimate the price of bitcoin during bull market. More people chose that bitcoin will decrease below $90000 but see what happened. Some 14 hours ago or more, bitcoin got to over $100000. Its ATH now is $103900. The price has started to decrease a little but still above $100000. Let us see what will happen next but I a will like the poll now.

Speaking of things changing rapidly, after I posted this last night, the price broke $100k resistance while I was asleep!

Bitcoin is still significantly undervalued and that usual "big bull run" which we see in different halving cycles (like 2017) has not happened ever since 2017 which makes it even more undervalued.
The problem has always been the global economy, the first hit was the COVID recession that prevented that big bull run with a bubble ATH in around 2020 and the second hit was the NATO-RU conflict that created energy crisis and again recession which prevent that big bull run in 2023-24.

Breaking $100k and entering 6 digit price level is a good sign showing that despite all that, Bitcoin adoption is still growing...

This is December which is a very busy month and people spends money extravagantly on Christmas fantasies and all that within this festive period so most investors might still be faced with the festive expenditures and may not think much about making accumulations again and since the price of bitcoin didn't get to $100k as almost everyone was hoping, some investors have already lost faith in the price reaching $100k before the year ends so i feel that this month will be a kinda slow in the price movement of bitcoin and we might just be experiencing backward and forward slow movements but i don't think the price will go below $90k neither will it approach six figures.

At least I'm optimistic about a big rally this month and the price will break $100k. It's up to other people's opinions, what is clear is that I still think the pattern of 2020 will be repeated in 2024, especially regarding the last 3 months towards the end of the year. In 2020 the market was really positive for 3 consecutive months between October, November and December, so I hope the same thing happens again this year.

But I agree with pooya87, sometimes it doesn't live up to expectations.

I voted sideways because I don't think at the end of the western year we can see a major resistance being broken without any major positive news coming out. But at the same time I don't see any reason for any kind of crash for the price to go lower.
So the only remaining possibility is to stay between $90k and $100k for now.

But things are changing very rapidly in the world which makes everything a lot more unpredictable.

I voted "staying between $90000 and $100000" in this month so that means the price can be at sideways mode. But that can be change if many positive news coming to support Bitcoin price so the price can be lift to the high price. If that happens, Bitcoin may break $100,000 before 2025 and gives a good situation to the crypto market. This few days, the price not going to anywhere high or low and stay at the current price but Bitcoin can surprise us as usual so we can only be ready for anything that can happen. If you want to sell your Bitcoin at $100,000, you should prepare your order sell and wait until your order fill.

Shouldn't even be a question really but its true that ATH pricing on Nov 22nd  stayed above current BTC price action now for over a week.   I dont think the current drift represents a stall situation where BTC is inevitably going to trade downwards but it might still do that.

BTC remains above 2 day average, yesterday was a test but its passed and recovered that blip down brief enough to dismiss now.   BTC price also remains above the weekly average but we have not so much momentum in this area for now.

What happens while price trades sideways is various medium term averages will catch up like the 50 day average at 82k  but thats already above the old ceiling in the 70k pricing.  I have no real negative outlook for BTC as its unlikely to trade below these levels again, we can only question the likelyhood timing and depth to any pullback.

A scenario which might happen is trading above 100k then falling, as if this round number could mean anything.   Even doing that BTC should be bought as the ceiling would be so soft its just a gift of a lower price as we will have sold against no real resistance in this area, by default its bullish till proven otherwise.

I will vote 100k as if we traded downwards its most likely after a sharp attempt upwards, failure or not that counts for this poll.

just matter of how many time BTC gonna retest resistance at that level, at every retest supply wall will get drained, eventually the $100k will be left with very small sell orders, but the good news is, since it seems the sell order are just centered around $100k anyway, we might see same rally as to when BTC just broke through $74k-$76k, same scenario will play out and BTC could very well be jumping really high as high as $130k a bitcoin which gonna be wonderful.

current supply wall is just people short term investor who want to realize their gain, however us the long term holders gonna see an even higher price just wait until mid 2025.
BTC probably gonna defy our expectation.

I don't know if bitcoin price will breakout in December but since hitting $99k so far, it seems like bitcoin is moving sideways. If you check BTC.DOM you will see it has dropped significantly and that is why the altcoin market is booming again. As bitcoin dominance is declining, we cannot expect bitcoin price to continue to rise but instead, the price will gradually decrease and move sideways. Although, I voted for bitcoin price to cross $100,000, the sideways scenario is entirely possible as it has been happening.

I voted yes as a matter of supply and demand. The big demand will start in 2025 but during this December ETFs will continue to buy bitcoin, Saylor as well, and other companies that are slowly joining in will do so as well. In the $100,000 range there are many sell orders but after a few close calls there will not be so many and the time will come when the price will be clearly beaten.

voted for BTC going up beyond $100k, we're literally just $450 away from $100k with the previous ATH, i refuse to believe we won't break that resistance, with the news of strategic bitcoin reserve brewing, it's going to be a big trigger for massive rally waiting to emerge.

though we've got pretty mixed up feeling about december and seeing from historical monthly gain in december there are plenty of reds. I would only expect there to be small retracement and then BTC is going up after ward.
moreover, I think retailer aren't still bullish enough for BTC, most of BTC move still heavily dominated from institutional investors buys up. just wait until it break psychological level of $100k and people are getting FOMO'd price will jump up.

Why would we have doubts though? I mean last month we have the biggest in history as we have gain $26,000. And with that, the sentiments are very bullish still because we wanted to target that $100k that we all have been wanting to see. So for me, I will be bullish and voted Yes as I don't see that we will go into sideway pattern, but instead will continue to grow and break that $100k as that is what everyone is wanting and so, then investors are going to push for it. It could only go sideways if we chooses to go to altcoin market and squeeze some profits for this month. But I'm not seeing any good altcoin that will give us that profits and so investors are still going to stick with Bitcoin and then see that 6 digits finally this month.

December is a special month, if we take only working days of where all the biggest trading exchanges are open to agree on the daily price there are few days left in this year.   Even in a normal month this could be 20 days but in December because of holidays in some countries we are talking less and including personal holidays far less for some.

Bitcoin of course is special, its not just another asset another price on the screen of a trading terminal.  It doesn't even need those people bound to centralized markets and Im not saying otherwise.
  I do imagine volume counts most in terms of significance for the prices we trade and thats only really available during a full working week, we wont be seeing too many.  Some people write off the whole of this month for importance and January start is where they next pay attention.

Also some people buy or sell during December for end of 2024 because of tax and portfolio reasons?  I dont quite get that because tax means April for me but BTC is traded by companies and funds so no doubt anything can happen this month  

I think 6 figure will be achieved before 2025. But if 6 figure is not achievable before 2025 then it will not be less than $90k Either before 2025 Bitcoin may be hovering around $94k $96k and $97k this end of Q4 and hit $100k in Q1 2025. So it's under probability and or speculation. So apparently I am voting from $90k to $100k.

6 digits is what is expected but December is still a lot of doubt because it is not a bullish month in some other history, but it is possible that it will not happen but hopefully 6 digits will be completed soon this month.
If it stays between $90K and $100K then this month is more sideways.

Voted for in between 90-100k. I think we won't see 100k this year, that will happen in 2025. But 1 month is a very long time, anything can happen. Those who look at previous cycles and make projections say that 100k will be passed next year. I'm on that side, and I'm in no hurry. I already feel bad that I don't have enough BTC.

I like to see it not fall. If price stays at $90000, that's a give sigh for me and I think for everybody who's holding and bought BTC under that price.
I don't want to assume that we'll get too much but $100k is just around the corner so 6 figures is very highly possible to be seen.
We're getting to the 2nd day of December and we're at $97k so, this is giving that chills and optimistic approach that it's very likely breaking 6 figs soon.

There is still huge FOMO on the market, so I will say that this December, we might get over that $100k finally. Bitcoin's dominant is still very high and I doubt that it will slow down or investors shifting on altcoin market this December.

All eyes is still on Bitcoin finally breaking that 6 digit and everyone is obviously watching and pushing for that price. So it's just a matter of time, but I have a feeling that it can be done this December as Trump will be inaugurated at the start of next year. So before that, there are a big anticipated and we are going to welcome him in the White House with $100k price.

I voted for the option that says Bitcoin to stay between $90K to 6 figures. My thesis is quite simple: Bitcoin will remain relatively stable which will allow alts that have been neglected for most part of this bull season to run. While market is still mega bullish for Bitcoin, I don't think we see another run like the one we saw when Bitcoin took off from $60K price levels. I expect some profit taking event to take place this month as some traders sell to enjoy with family abd friends.

Voted to stay between 90 and 100.While I was mistaken with the last few months (happily so), it was something temporary-ish because of the election. It just stacked itself with FOMO I guess which is why we saw the price go up by so much. Highly expecting the price to just go up and down below 100k and above 95k. Probably not seeing anything below that though.

6 figures next year instead. Hype might push it to happen exactly by the new year really. Sounds like a great way to start 2025.

I have voted for Yes.

We are in the bull run year, and so with that, there will be huge FOMO in the month of the December as there could still be big players that are going to buy or even retail or average joe investors in the market. And Trump is not yet officially sworn as the next President. He will be sitting January 2025, so prior to that there could be a lot of anticipation and the financial market not just crypto, will be very bullish and so there will be big money flowing before the end of the year and it's going to be a repeat cycle again.

I expect the Bitcoin price to touch 100k at least a few times in December and retreat briefly before we reach 6-figures in 2025. There is a strong bullish sentiment in the market right now, and I believe we will see significant price appreciation before Trump's inauguration in January.

At least believe bitcoin to rise above $101,000 before 2025.

Indeed, the data presented in December will not be fully bullish... but I see the potential for it to be there even though this is just my own speculation, this will welcome many things including the inauguration of Donald Trump in the next year.

Who knows this will trigger another rise and remain bullish.

Checking your chart you can tell that we are not just in any December
But am halving December and historically we have closed in Greens.
If history repeats itself, we should cross the New Year above $98K worse and $100K modestly.

The likelihood of below $90K is way lower than we crossing the six digit.
So I would vote for above $100K since we ain't voting inbetween.

Saying December is always bullish would be wrong because December has not always been bullish:



Based on historical charts and patterns, there is a high chance that the price of Bitcoin will decline this month and then start going up again for about two to three months from the start of the new year. However, it can behave differently this time because we have seen how it marked new all-time highs before expected times.

To answer your question, I believe the price won't touch six figures before 2025. It might and might not go below $90,000, though. The price is pretty stable at the moment, and if it stays like this for at least a few days, there won't be a lot of movements for the rest of the month unless something unexpected happens in the market or the mainstream world.

It is impossible to predict Bitcoin. Bitcoin does not seem to be showing any major movement before 2025. I think Bitcoin may be limited to $90k-$100k this December. We may not be able to reach six figures this year. Bitcoin is currently at $97k, from here we may see a small dump. We may not see many buyers in the market in December. But I expect the train to leave the station for a distant destination in 2025.

Ever since Donald Trump won the election, the price of Bitcoin has started to rise. We've seen the price of Bitcoin come close to $100k several times. Bitcoin price was $99595 a few days ago. The market went down again but did not come below $90k. However, currently the price of Bitcoin is $97k plus, I expect Bitcoin to be $100k this December.

With proper market analysis and speculation, bitcoin price is expected to reach $100000 to $300000 in 2025 cause this bullish market will still continue and extend as high as possible.

Sorry but I vote no.

According to the pattern, we will see a small dump in December, assuming the small dump is 5%, it just make Bitcoin price go down to $92K, not below $90K.

However, last month should be dump too if we're looking at the pattern, but The US successfully make Bitcoin price rise really high due to FOMO about the election.

In December, there should be no any big thing, a big thing will happen in January 20, 2025.

Most times, it's usually very uncertain for what price can do next but following the price analysis, it's pointing that price will definitely get to $100k+ before it might fall. So, yea I believe that Bitcoin price is going to reach $100k before 2025.

Bitcoin has been very bullish this year but right from 2023. December like this are always bullish but in a way bitcoin price may not really increase and not fall. What do you think bitcoin price will be before 2025. The price will fall below $90000 or six figures will be achieved?