how do you think market will look like this December? - page 5.

fikrett

copper member

Activity: 126

Merit: 6

Quote from: hd49728 on December 06, 2024, 06:52:08 AM

Quote from: TIME IS ESSENCE on December 05, 2024, 05:02:53 PM

How will the market movement be like this December??
Hoping for a successful end of year 🙏

I can not know about future, and I can not predict Bitcoin price in December, but if you need history for checking and as base for your price prediction, you can get it https://cryptorank.io/price/bitcoin/analytics

December, in history, is not a very good month for Bitcoin, you can see numbers for average and median change in historic December months so far. It's not too terrible thing because a month before December, November is very good in Bitcoin history. After a very good green month, it's logic to see a less impressive month, that is December.

The January months look to be better than December months.

We need to wait out the dip and see the moves sideways afterward, in my opinion.
Then, we would be able to see what to do.

betswift

copper member

Activity: 266

Merit: 5

Quote from: MusaPk on December 06, 2024, 06:43:44 AM

Quote from: shinratensei_ on December 05, 2024, 10:51:54 PM

I think this month gonna be the month of side way and accumulation before we're bullish again, I know that recently we've seen BTC breaking out $100k and currently having quite the pullback but I think it will form a channel around $90k to $105k and eventually will resume the bullish again.

I don't anticipate much this month because I know people are preparing for new year and some of them might need to cash out so that's additional selling pressure.
but I'd still let my portfolio have exposure on BTC and some other alts, after all it seems alt is starting to get aggressive.

The current pull back is mainly because people are selling at 100k$ to get there profit. Once this selling is over we might see more increase in value of Bitcoin. My personal estimate is that by the end of this month Bitcoin may crosses 120k$ and even if that doesn't happen it will happen in coming year. In 2025, there will be new government in USA that has shown positive gestures towards Bitcoin, so we might see some more rallies in Bitcoin next year.

The barrier in people's minds is bigger than any other.
So, in order for BTC to keep the >100k price, it should be noted that the pressure and the sentiment should continue to stay bullish - and the funds will flow while BTC DOM is still high.

?

Activity: -

Merit: -

Quote from: stadus on December 06, 2024, 05:56:53 AM

Bitcoin has already crossed the $100k mark this month, and while we’re all hoping the rise continues, it seems we’re seeing a minor correction now. But I’m confident it’ll bounce back strong and won’t dip below $100k by year’s end. When the market turns bullish, it takes time to cool off, especially since we’ve waited years for this moment.

Just like in the last bull run, the momentum will likely carry over into early next year. So, enjoy what’s happening right now! Don’t let minor corrections like this one cause you panic to sell, these dips are just part of the process. Stay relax and focused.

The dips during the rally are natural - it's okay to see them and experience some loss in PNL.
The best thing to do is for the market to stabilize and have the diamond hands to keep your funds tight.

hd49728

legendary

Activity: 2044

Merit: 1018

Not your keys, not your coins!

Quote from: TIME IS ESSENCE on December 05, 2024, 05:02:53 PM

How will the market movement be like this December??
Hoping for a successful end of year 🙏

I can not know about future, and I can not predict Bitcoin price in December, but if you need history for checking and as base for your price prediction, you can get it https://cryptorank.io/price/bitcoin/analytics

December, in history, is not a very good month for Bitcoin, you can see numbers for average and median change in historic December months so far. It's not too terrible thing because a month before December, November is very good in Bitcoin history. After a very good green month, it's logic to see a less impressive month, that is December.

The January months look to be better than December months.

MusaPk

full member

Activity: 784

Merit: 204

Quote from: shinratensei_ on December 05, 2024, 10:51:54 PM

I think this month gonna be the month of side way and accumulation before we're bullish again, I know that recently we've seen BTC breaking out $100k and currently having quite the pullback but I think it will form a channel around $90k to $105k and eventually will resume the bullish again.

I don't anticipate much this month because I know people are preparing for new year and some of them might need to cash out so that's additional selling pressure.
but I'd still let my portfolio have exposure on BTC and some other alts, after all it seems alt is starting to get aggressive.

The current pull back is mainly because people are selling at 100k$ to get there profit. Once this selling is over we might see more increase in value of Bitcoin. My personal estimate is that by the end of this month Bitcoin may crosses 120k$ and even if that doesn't happen it will happen in coming year. In 2025, there will be new government in USA that has shown positive gestures towards Bitcoin, so we might see some more rallies in Bitcoin next year.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Bitcoin has already crossed the $100k mark this month, and while we’re all hoping the rise continues, it seems we’re seeing a minor correction now. But I’m confident it’ll bounce back strong and won’t dip below $100k by year’s end. When the market turns bullish, it takes time to cool off, especially since we’ve waited years for this moment.

Just like in the last bull run, the momentum will likely carry over into early next year. So, enjoy what’s happening right now! Don’t let minor corrections like this one cause you panic to sell, these dips are just part of the process. Stay relax and focused.

Wiwo

hero member

Activity: 1260

Merit: 765

Top Crypto Casino

We have seen how bitcoin went from $94k BTC to almost 105k BTC price within a few hours and also how the price dropped from 100k+ to 90k BTC price within the same time range, one thing I have noticed in the bitcoin market is that no one can accurately speculate what will happen in the market in the next minute or hour's, so for that, no matter the level of our speculations we are only just doing that based on assumptions and there is no accuracy in that, and so we may not be able to say how and what bitcoin market will look like this time around since we already saw the good and the bad in term of bitcoin price movement and that should make us very sceptical while making comments on where bitcoin will be by the end of this month.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

I think this month gonna be the month of sideways and accumulation before we're bullish again, I know that recently we've seen BTC breaking out $100k and currently having quite the pullback but I think it will form a channel around $90k to $105k and eventually will resume the bullish again.

I don't anticipate much this month because I know people are preparing for new year and some of them might need to cash out so that's additional selling pressure.
but I'd still let my portfolio have exposure on BTC and some other alts, after all it seems alt is starting to get aggressive.

TIME IS ESSENCE

newbie

Activity: 2

Merit: 0

How will the market movement be like this December??
Hoping for a successful end of year 🙏

Topic: how do you think market will look like this December? - page 5. (Read 798 times)