Topic: how do you think market will look like this December? (Read 824 times)

Totally surprising on what we are seeing currently in the market but we arent that still over and we do still have a  week before this year ends on which this is really that something that there still possibilities that neither pump or dump condition before this year ends. If we do pertain about on the month of DECEMBER kind of price situation then it will be always hard to tell but actually this month isnt something that could be forgotten because as i have remembered that these are the days on which Bitcoin hit up $19k on that previous bull run (correct me if im wrong) on which this one did really give out that kind of sentiment that it is a bullish month but on the time that you do have that experience towards it for a while now then everything comes randomly because there are years on where BItcoins price on this last month of the year is just on consolidation or moving sideways and there are ones which it is that moving down or bearish period.This is why it is hard to draw up some conclusions basing up into the conditions or situations if we do speak on its price particuarly. Expect the unexpected and make those actions or decisions basing up into the price condition or situation on which we do have. For now, we arent seeing some sentiments around on which we can assume out that this year ends without having that much of a movement, but honestly, no one really knows when it comes into this aspect.

And now, the price stay at $96k which I think it is a sideways moment for Bitcoin price. Maybe it will be like this until the end of this year so we must be careful because there is a chance to see a dump instantly for the price. But we may hopes that the dump will not takes too long to reverse and increase back.

Your order sell seems need to wait or you already sold it before. But yes, we are in the correction moment after Bitcoin reached the high price and that is always happen. We always want to make a big profit so that makes us to have more patience to wait.

We don't have to worry with this situation because this will change and be back to the normal situation. That will help the price start increase and that will be the time for the price to make a new ATH.

we need to relax because few months back people were so pessimistic after having a full month of massive sideways around $49k to $60k and after a while BTC breakout and it just goes up straight to $100k.

I think this month will be no different, worst scenario bearish sentiment might continue until end of december, good scenario, we'd see market flipping the trend soon because from the past few months btc always suddenly pump at the month's end.

still pretty optimistic, not to mention this correction was expected, I mean the market can't just hold ATH forever, at some point there will be distribution phase, people are selling, and once that selling pressure is gone price will go up again.

It was definitely an awesome month without a doubt, we broke over 108k and nobody really assumed we would be over 100k let alone 108k during this month, we were dealing with 90s and that was the most price people saw and thought that would be the bull run, but seeing as high as 108k really took it a far enough and that should be the most important part of this.

I mean thinking about November, we really did great after the election but that was a big pump that I assumed would be the case for a long time, like whatever happened there, would be the end of the deal, for a while of course because I believe 2025 will be higher, but then December didn't just stand down and it is doing great even right now. I think this little fall that we have is a small correction and we are going to end up with much more in the end, I believe that we are going to see much bigger situation that takes it further, that's the most important part of the deal in the end.

We would ultimately end up this year more joyous and fulfilled if bitcoin price continue to move upward, but it seems what we have at the moment is quite an opposite. Bitcoin price has dropped below $97k and based on what I see, there are still chances that it would fall even better.

However, we still have two weeks more to go before year end, and it would be enough time to see price recovery for bitcoin. Or else, altcoin season might start to appear soon.

Has it come to the level that we will have to depend on an individual to predict the price of Bitcoin? Jerome Powell said that he is not resigning, and Donald Trump cannot remove him unless it is approved by Congress. His claim that Bitcoin cannot used as a reserve might be true but the law can be amended by Congress. US central bank will keep Bitcoin if Trump wants it because he has the ability to lobby members of the congress. It seems Powell will be a barrier to this plan of strategic reserve. His tenure is ending by next year, maybe Trump will have to wait till then or persuade the Feds' head to change his position. But with or without a Bitcoin strategic reserve in the US, Bitcoin price will increase at the appointed time.     

The market doesn't looks good, there is a heated concern about the Bitcoin reserve which Jerome Powell made about comment on interest in Bitcoin which he said they are not ready to adopt Bitcoin, this has lead to different controversy about Bitcoin future in the United state but since Trump hasn't said anything yet, we really have to wait for him since he made those promise which is why I'm thinking that Bitcoin still remain bullish until his inauguration.

I'm expecting Bitcoin to be corrected back to ₦80k which is the least if things goes that bad but it will go up again on January particular the day Trump is going to be inaugurated. If he is passionate about crypto in the United state, it will helps sustain the price.
I have also been wondering, what if this is just to make the market goes down so the government can buy this Bitcoin cheap and then says they are going to make Bitcoin reserve, the government cants be trusted you know.

This will be a month of consolidation or ranging, and it could last until next year, although I know that many are expecting it to happen again because it is possible that there will be a rally that will take place temporarily during the effectiveness of Trump's inauguration as the first day of his presidency.

But for me, it doesn't seem like that will happen, just my opinion and not because I am against the bitcoin price rallying, of course I want it to rally so I can take profit on my other altcoins.

In fact, it is very important to maintain a patient attitude at this time. In fact, the current market correction moments should actually be seen as an investment opportunity, because this current dumping trend of Bitcoin will not last long, as soon as this month ends, the new year will begin, and in the new year we will see Bitcoin becoming much more valuable.
So instead of being scared by this current dump, buy Bitcoin now, and keep holding patiently. This dumping is only for a temporary period, it will start recovering again at any time. So take full advantage of this opportunity.

We could really see how high the influence of Bitcoin movement on how these altcoins move. We could see right now that when Bitcoin dumps everyone will follow that's why its hard to speculate something about those alts and if they heavily invested to much on it and they are buying it at the top then maybe they feel crazy when dumping situation occur just like what we are seeing today. That's why we better not to think about holding those alts for long months or years since we don't actually know what's going to happen.

That's why my investment are in focus with Bitcoin and just ignore other alts since I know that chance for recovery is so high compare to other shitcoins in the market.

In the past two days the market has corrected again so that it has caused the price of many coins to fall simultaneously and this can be witnessed by everyone because the influence that can come into the market and into the minds of Bitcoin investors is still quite obvious at this time. So we also need to respond to this very wisely because I think the correction only happens temporarily before the next big increase occurs again this month until early next year. So for now patience must be increased by everyone in dealing with this correction situation.

We hope for the best and prepare for it, but things can never be guaranteed. The price has corrected today where it has fallen by 4.5% in the last 24 hours, this is not good for some, but is considered good by those who were hoping for a decline. As Christmas and New Year approach, this decline is inevitable and many of us have seen our portfolio values ​​reduced by several percent.

I'm sure post-correction price recovery will happen soon, but hitting a new ATH doesn't seem to have a high probability. If bitcoin can get back to its $105k price before Christmas, then perhaps we can still expect a $110k hit by the end of the year. I don't know, the market has been influenced too much by the statements of important people lately.

Looking at it now that we are in December, I have to say that we are looking at a different market and not entirely sure if it is a good thing or not. I can see that it is actually a good situation to be in, but at the same time we are dealing with something that is taking a bit of time as well.

I believe the better we do, the better we can be hopeful about the future as well. We have breached over 108k, so we have hopes about reaching 120k before new years, but if we reach 115k, then we would have hopes about 130k, so the higher we go, the higher expectations go as well. I believe that we are looking good right now and peaking at 200k is looking more and more realistic for the new year, I do not know when, but if that happens, it would be lovely for all.

From what I saw yesterday, there is going to be a correction and when it does, I hope it's going to be a healthy one for crypto market. Yesterday, Powel was asked if there is ant plan by the fed to used Bitcoin as reserve with the way gold are used and he clearly stated that they are not allow to own a Bitcoin and they don't have any plan to used Bitcoin as reserved. That's has change the narrative of what Trump want to do for the market and we don't know what next until after inauguration.

Powel said that the congress has the right to support it but they are not ready to change the law which means the law of digital asset isn't coming to their reserve right now, the presidency doesn't have that power unless the congress support the bill and it's pass, that's when there is going to be consideration and will the US government have time for this when they have many other things to sort out? That's left for the new government to decide, so we wait.

My understanding is that in December, whatever type of trading you do is still conducive, spot, margin, futures, these three types of trading features are still a priority for crypto users in the market.

The proof is that $107k has now fallen to $104k, I am sure that an upward position is still a hope for crypto investors and users, which is certain for those who have trading knowledge and are experts in that part of the crypto market which is always good for them, the point is that they understand the up and down charts tothe crypto assets they trade.

But for those who are not experts and understand any trade, market consequences are always bad for them, the point is that knowledge and the market become one.

Totally disagree with you, December always have bad for cryptocurrency market how altcoin drop significant recently although in other side bitcoin success hit new ATH price to $108k. Few days left we have crucial moment for Christmas and many people celebrate that moment will sell their bitcoin or altcoin assets until take holiday at the of this year.
I don't think golden opportunity in this December how significant drop from altcoin and market looks not friendly after many top altcoin price decreasing.

But for bitcoin looks stable and success hit new ATH price, don't forget if bitcoin decreasing few percent have bad impact for altcoin most significant going down and today altcoin drop.

I hope so and I am also quite optimistic about it seeing from what is happening now when there is no correction that is too deep when there is an increase in price either for Bitcoin or Altcoin even in December Bitcoin has touched its latest ATH several times without any deep correction which means that the positive movement will continue to occur.
December will increase and early next year will also increase, currently we are in a Bull market and that will happen in the next few months so it is better to stick to the investment you make to take maximum profit.

The entire month of December is very good for the crypto market.  And during this period all other potential altcoins including Bitcoin will see Bull Run.  Bitcoin price has already risen to $108k as of today.  Market conditions look like Bitcoin price could hit $115k by the end of December.  But after that the market correction will start which can cause the whole market to crash a lot.  So this December is a golden opportunity for holders, traders and the entire crypto community.

Today, Bitcoin literally crossed $108k value and that's remarkable. I've already placed a limit short order at $110k a few weeks ago and still that order hasn't got executed and filled but I hope soon I will that order getting filled.

I personally think that after $110k we might see some type of price correction and during that correction I will take my profit  and close the order or I will hold that order and average it if Bitcoin goes over $200k.

You can only predict bitcoin for a very short time and if that period there is a possibility that you might be wrong because 1 second the market is bullish the other second it's bear and that is just the kind of investment that bitcoin is so, if I could remember when they were making speculation about 100k that was doing the halving and the ETF approval and look at were the orice of bitcoin latter hit 100k during the us election so there are things that you will not really notice when it comes to bitcoin untill it starts happening am very sure that there are people that they will not really have believed that bitcoin will hit 100k.

The best thing is just that so that you do miss any opportunity is to invest while it's dip and that will be good for those that have the intention of holding, traders don't really have bussiness with the dip there is with the entire market they have to be lucky to be able to predict what will happen next in the market especially those that are into futures trading, that is one of the most complicated aspect when it comes to trading with a bigger risk, those aspect are suppose to be tempered with carefully.

Yes, the point is that it can be said that now Bitcoin is spinning in the resistance area in general, but my friend, it turns out that now the price has managed to break through the previous resistance that I mentioned which is in the range of $ 104k where the highest price is in the range of $ 107k a little more, oh my God I really did not expect that Bitcoin would experience quite a significant change at the end of this year with a strong and quite significant bullish movement.

Regarding the indication of the spinning top candlestick that I mentioned above, it turned out to be true after that the price fell but it turned out to be nothing more than a small correction phase and a few hours after that it was broken through again. Overall, yes, now the price is really at a very high point, but that doesn't mean it's impossible to eventually go back up, on the other hand, to be honest I can't be sure that Bitcoin will soon experience a decline because I haven't seen any other stronger indications that indicate the price will reverse.

A lot depends on the federal reserves's decision about interest rates. If they cut rates, BTC could see a surge but if buying slows, it might dip back.

It's hard to predict so if you're holding, it's probably best to wait and see what happens.

with what we are seeing in the market now, I think it will end well because the price of BTC has hit highest again to touch $104 which it will push many traders to trade their BTC to earn profit before the month run out because the market price is good for traders to trade with confident. With my little research, I think this December is the most favourable month to traders because from the beginning of this year, it hard for the price of BTC to touch $100k above and the moment we step into December, the price of BTC pump higher to cause many traders to begin to trade their coins to earn massive profits.

I must confess to you, that this is the best year to BTC traders because the bull market take a long time to allow both short term traders and long term traders to make a good profits from BTC.

It even reached as high as $106,000 ($107,000 on HyperLiquid exchange), so I guess that would be the new resistance. Right now, it went down again to around $104,000, and as long as we stay above $100,000 for weeks, there's a chance that we will see new ATH after new ATH. Let's also add the fact that institutions are still buying Bitcoins like Microstrategy.

I did quick research on the spinning top candle stick, and it seems like it shows that we are losing momentum meaning the bulls are losing momentum on the weekly time frame. Well, after those weeks of bullishness, I guess it's time for Bitcoin to have some red candles first before going up next year. I mean red often associates with the Christmas season so... Red = Christmas, isn't it? I also expect a bit of a correction before going to 2025.

It is nice to see the increasing of Bitcoin price into $106k. That's really mean for us, for Bitcoin investors to still wait for their target price to sell. This price will continue even though the correction comes again and push the price to go down.

Bitcoin investor will not worry with the correction because that is their chance to load more Bitcoin. While we are now in the middle of this month and the market seems moves good, that can still continue and reach the next ATH.

If this situation continues, we will have more opportunities to see $110k this month. So if that is your target price to sell, it is better you prepare your Bitcoin and place your order sell so you will not be late to sell at that price.

Hmm sorry I seem to be late because it's already the middle of the month  , but yes the end of this year, precisely in December, is an extraordinary achievement for Bitcoin because this is the first time that our favorite asset has touched a price of $100k, precisely on the 5th yesterday if I'm not mistaken, and of course this is a very pleasant situation for us, especially for those investors who are always consistent in accumulating and also patient in holding it for several years.

From what I see, Bitcoin is now in the resistance area because it has managed to break through the previous resistance at a price of $104k and now the price is at $105k which is a slightly higher price than the previous resistance, and I also see that there has been a formation of a spinning top candlestick which usually indicates that the price will reverse, so according to my prediction for the next 10 - 15 days Bitcoin will experience a decline first, but it doesn't seem like it will go below $100k.

There is some difference for the halving years. Other years that we do not have Bitcoin halving happening, the market will be red but for the halving years we have some exceptions. December is the end of the year therefore what you said is what we are all expecting to happen but instead of we being scared and leaving the market, December is going to be a very good time for we to be investing in to the market as I believe we should be expecting next year to be very bullish in accumulating Bitcoin in preparation for next year. It is going to be the year that Bitcoin passed it's highest price and also Donald Trump who's going to be the president is in support of Bitcoin and would not be passing any law to give Bitcoin an issue.

December historically has more red than green, we'd expect nothing of significance to be happening right now because as you said, it's december and people are withdrawing some of their money for new year's eve and so on.
at worst case scenario we might see retracement which we did just few days ago but there's always potential that there'll be continued retracement.

however, I've seen plenty of people giving thesis about the bullrun might be ending sooner than in the previous cycle because actually we've been on bullish sentiment ever since price changed trend from bearish to bullish around $20k. which is reasonable, but i'd take it with grain of salt. and yeah, for the next month to be ultra bullish we'd just need US approval on the strategic reserve.

December will be full of green candles although we have already seen some big red candle and some are even touching the $94k target and below but I think end of December won't be like that people who need money for christmas they need that now so I think they already withdrew from their profits and now market might not dump in the end of December I can be wrong so NFA.

From the looks of the previous Bull run's December it was always bullish and green as a whole month, and if we consider the first 15 days or last 15 days then it varies like this time first 15 days were red and IMO last will be pumping and Jan will be damn bullish. Now USA has somehow going to approve their reserve policy for BTC maybe they did it, but when that will happen BTC will boom. We should not wait for the December alone, as next 5 months are very bullish for BTC so don't worry.

Bitcoin price will still remain unpredictable. Though the market is bullish and we all have seen how people are being optimistic about bitcoin price, but since the holidays are just around the corner, then it's inevitable to see people selling rather than maximize buying so they can have a more festive holiday celebration. As an effect, bitcoin may experience price pump and probably going sideways due to the different activities of the people.

Bitcoin tries to climb but there is lack of fuel to help it rising more and I think Bitcoin can have some spikes up but these ones won't last too long. Because there is not enough new capital to keep Bitcoin at higher price and people tend to switch their capital from Bitcoin to altcoins. Love altcoins or hate altcoins, it's your perspective and your choice, but capital flow in market works on its way for the majority, not only for you.

I believe that altcoin season will come, after a massacre on altcoin market days ago, it's now cleaner and there are less selling pressure so market makers can more easily do their jobs with altcoins in coming weeks.

Bitcoin will mostly go sideway and in next several days, any up and down of Bitcoin will make people fearful and overreact. Then, like 1 or 2 more weeks, they will become familiar with this price range of Bitcoin and feel better with a Bitcoin side way. It will be time for them to be more ready spending money to altcoins.

I also agree that this month will be a month of consolidation period, because the support and resistance I see is at 104k$ and 90k$ so at this price there will be up and down prices in the market in terms of bitcoin value.

Now, the pull back is that we don't know where it will start because it depends on the demand and support that the communities will make and add to the news
that can be made on various social media platforms.

December will be bullish, tho we have less than 40 days before Donald Trump will enter the Whitehouse, that's the only thing the market is waiting to see and perhaps what everyone is expecting will come sooner than expected. In my opinion, the market will stay bullish from now till then but that policy that will create a safe place for crypto market wouldn't comes that fast, even the most concern aspect of the US takes months and even a year before implementation not to talk more of crypto.

So far, what has been the number 1 follow up of Donald Trump is reducing number of immigrants, and not early crypto things. I hope that whatever decisions that he takes doesn't comes and have side effects on the entire markets(traditional and crypto market), it's not easy to rule and if anyone thinks it's going to be a roller-coaster ride government, that's going to be a big lie, there is more to what we discussed here and even what the press feed us.

What I was thinking was that a lot of people jumped into the moving train while it has already taken off and this was due to FOMO as bitcoin price was already breaking grounds within that period of the post US election. The Trump effect was a game changer as it brought the bullish price faster to 100k than we all were expecting.  For the rest of december we will have to see bitcoin rally between 90k and close to it's ATH, and by next 2025 February is another period I expect the market to break another ATH cause that's when Trump will be sown in and a lot will come to play favourably to the crypto market.

Trust me, in a decade or two, 1 mil will be definitely possible.
BTC is the coin to stay and evolve more and more, being adopted and used on such a scale that it would be natural to see such a tag on it if not more.

Yeah, they are not the dips we need to look at and be worried about, especially on the BTC chart.
We are yet to see an ATH after 100k (110-120k or bigger), so we just need see where the market would go and buy up when the dip / correction comes along.

In 2025, we surely will see the price climb up there.
The bull is not done yet.
Just keep your hands shut.
 

Temporary price drops which are often referred to as momentary corrections are very common in this bull run market. So that can still trigger the attraction for all traders to immediately enter the market so that there is an opportunity to make a profit. So there is no need to worry about these price drops as long as there is still an opportunity or potential for them to increase again in the near future and I think all traders have witnessed the price correction this month and can rise again after that.

Yes, $100K was the goal of many investors, which we have surpassed, now our next goal is $150K - $200K. Bitcoin's small ups and downs are natural, and many people panic and close their holdings, but those who believe in Bitcoin and move forward with a long-term view, know that $150K - $200K - $1M is never impossible. Still our next goal of $150K - $200K is just a matter of time, it will happen at some point. The future will bring more surprises and possibilities, $100K is just the beginning.

December we are in now comes with a lot of expectations of whether bitcoin is going to continue on that uptrend momentum or will be reluctant for a while and continue to consolidate for a longer time before we will see a major push upward again. Not a lot of people are expecting a continuous bullish trend since bitcoin got to the $100K mark which a lot of people expects to be the minimum we will see in this bullish trend, so no much anticipation is expected again from it. $150K is the next target of most holders and they are really excited on how bitcoin reached $100K with a lot of momentum, so $150K to them us just a matter of time but it’s going to be a realistic thing one day too.

December surely is crazy, I wasn't expecting 100 again this month.

Did you check current bitcoin price? today have good trend for bitcoin after success recovering back up to $101k and looks not difficult for this moths or December bitcoin potential hit to $110k. Nowadays, bitcoin not get difficulty for recovering back to higher price after large correcting as bitcoin price dropping more than 6% yesterday to $94k and take few days only for bitcoin hit to $101k. I have expectation for this month bitcoin not only break to $101k but also opportunity hit more than $120k depend on the effect of christmas day and the end of year will many people sell their bitcoin or keep holding for both moment.

For the next years have many good event from Donald Trump appointing as US president and we know his impact recently when winning the election make bitcoin pump drastically and his appointing will give more bigger impact.

As long we don't end this year yet literally then there still no way that we can be able to draw up some conclusions that it would be a bullish month for this year on which usually it really is if we do tend to check out on previous years here on crypto but just like been said that there's no assurance that it will be showing or ending up on greens. Recently we've been able to see some corrections on which this is really just that pretty normal and that's what makes this market to be totally unpredictable. The important thing on here is that we do end up on this year at least having been able to reach out new all time highs specially on Bitcoin.

Now that we are almost ending up on this year then it do really means that we are on the year on which bull run could happen or something that everyone we are really waiting for. If you are planning to have that accumulation then this is the best time specially on making up that accumulation for long term or even on shorter ones. We do know that once bull run happens then there's always that possibility on shooting up even more but of course it will really be that totally random on which project will make it out.

I do not see Bitcoin breaking above $110,000 this December, what I think will be happening is we retesting the price of $100,000 and trading a little bit above it until the month of December is finished. We can go as high as adding an additional $5,000 price on the $100,000 and the price of Bitcoin corrects again. December is not known for people investing therefore we should not expect the price to be very bullish. People are going to want to withdraw and spend some money having good times with their friends or family therefore the price of Bitcoin is not suppose to be receiving investment that much so our hopes should not be very high for December. For this price that Bitcoin has reached is already a big achievement for Bitcoin this year.

I mean compare to other years yeah and not just in these quarters but even on the beginning of the year. But to be more realistic or fair, the year hasn't ended yet and we don't know, what if there are major collapses along the way?

You should change your views in regard with the market because in reality, the market will always be unstable. See? You even said that all must be more cautious. You mentioned the word pattern there and the pattern here must be the bear and the bull. It is only easy how to navigate through them. It is only crazy that despite of it, there are still people who lose. Guess they only lack in understanding and this could be the result of entering in the market quickly.

If it dips - we grab these positions like cupcakes.
And I don't see it happening due to the reasons you described, but alas.
Maybe it will be that way.

2025 should be massive for BTC especially.
Trust me, those who hold now will be in the best position for the rally to push through the 100k and up to the 150k or so.
 

The dips from Microsoft's final decision on BTC and that thingie with quantum computers sure did ring a bell for some.
But I do think that's the case: we are going into a middle territory for quite a while, until something new would push the rally a bit forward.

I think we will be going between 91K and 100K a lot. I doubt the 100k psychological barrier is anywhere nearing an end.

You can read my idea here:https://www.tradingview.com/chart/BTCUSD/OSNLz1jB-GKC-Bitcoin-prediction-December-2024/

The market is already successful this year and I am not the type of trader/investor who believes the market is always indecisive at year-end, we should just be more cautious before taking action. Bitcoin, to be precise, will hover around till the end of the year with what I've seen already. This is a very good opportunity for those who understand such a pattern. It will just be a means for us to plan better for the coming year because if we can experience a fall now when the yearly chart's price action is bullish already, that means Bitcoin would start January bullishly and this may extend to to at least March (Q1).

I don't think this December would bring much noise - after all, no need to push things up.
But if Amazon and MS would spice things up - maybe we are into something like that.

This December is very bull season for both Bitcoin and altcoins and in this month every trader and holders will make profit and already doing. but we can see a major correction from first Q of 2025. so December Month is very important for every traders i think. Bitcoin price reach $104k and now time for altcoins. you can view the market many potential coins are still increasing like DOGE TRX BNB NEAR DOGS and more

There is no way to understand the movement of Bitcoin. That is why there is a lot of discussion about which direction the market will move in the rest of this month. The last halving effect was predicted earlier, where it was thought that we might see a big bull run in December this year or early next year. Especially, most investors were confident about the 2025 market. But the recent bull session of Bitcoin suggests that the market will prepare even bigger and set a record in 2025.




https://bitcoinmagazine.com/markets/will-december-surpass-novembers-record-breaking-bitcoin-price-increase

December 2024 is definitely different from any other year. In this Q4, Bitcoin touched 67k to 100k, which is the first time in Bitcoin's history. However, it cannot be said that the market will always behave the same. The market has been on a continuous rise since last November, which is why there will be some correction now. I think the market will only correct in the 2nd and 3rd weeks of December and then the bullish movement will start again.

As usual I think, there will be some dump or retracement. We all know that Christmas is big event for everyone and all will likely needed some money to cash out and prepare for celebration. But with the market sentiment it might do some pull back but not for a huge impact cause were setting a new record for the marke which is likely to continue until the end of next year.

Uptrend is still very much alive and we may not see it coming to an end anytime soon. The market is still showing a bullish trend and at the same time it’s experiencing some fluctuations. The uptrend nature of the market will only be over if we see a major correction back to less than $80K. December is still not halfway yet, but we can also get to see a bullish trend or rally back in numbers. The speculation market will continue to be unpredictable and we may continue to see it not responsive for now. As it stands now, we can only wait to see what the next move of bitcoin will be, but I don’t see it having any major impact again until we record another all time high. 5th December was historical, we just have to wait to see a new historical date for bitcoin to record another new all time high.

December’s movement is not very well understood or predictable. We saw Bitcoin’s high in December at $104,088 and its low at $90,500. Then the market moved back above $100,000. So Bitcoin market movement in December is not within my scope of prediction. Right now Bitcoin market is at $99,000 and looking at the market movement it looks like the market will go down a bit. However, in my prediction for December, I expect Bitcoin to be at $100,000+ and I also see the possibility of Bitcoin making a new ATH in the new year as there will be a bull market in 2025.

this month will see an upsurge on Bitcoin, many people who never believed Bitcoin
Would be take this month to see how Bitcoin ends this year and decide to invest in Bitcoin this year..
If Bitcoin hit over $100k this month trust me next year would be lit , there would be a lot of people hodling.

My thinking and approach are simple because my entry price is not at $100,000, lower than that. I DCA my capital in Bitcoin through many months since the bear market and my profit goes up from my average entry price, not from $100,000.

My portfolio ROI is calculated from my entry price, lower than $100,000, and if Bitcoin only moves up $3,000 or $5,000 or $10,000 more from $100,000, it is big increase in my portfolio ROI.

Think how many percent $3,000 or $5,000 or 10,000 means for your ROI if your entry is like $60,000 or $70,000 or even lower than these prices. When price is about $100,000, it makes people think that $3,000 or $5,000 price change means nothing.

Possibility is one thing, but based on the fact that Bitcoin has been having a hard time going above $101k, it did go above $104k once but since then, it hasn't been above to go near that point, so this resistance level is hard to cross at the moment. If Bitcoin, somehow, manages to get through the resistance, then I would say that it is going to go above $110k before the new year which will make the new year extra special for Bitcoin enthusiasts.

While expecting a surge in the market, we shouldn't forget that if Bitcoin couldn't cross the resistance, it might break below the support level and go around $90k again, I doubt it would get back up very soon this time and we might see it paying a visit at $80k region.

Enjoy the moment while it last probably the end of the year market might come unexpected, everything concerning bitcoin market is unpredictable. I see a lot of comment talk about the festive season also i don’t see this season affecting the market in any way, it’s either the last two week will not suit right as few people will stop investing and intend to spend more afterwards every investment plan still continues. I’m certain January will be a good month to start the bull market, buying now can help if possible focus more on holding.

But you forgot one thing that we are in bull season and unlike every year, this year we have ETFs. If you follow the flow of ETFs, you will see that they are still buying every day even though retail investors are taking profits to enjoy the fruits of their labor. I think that's also why bitcoin price dropped but not as much as you said.


We still have positive flows into ETFs this week so I am optimistic that we will continue to grow despite the approaching holiday season. So I still think the $110k target is completely achievable before the end of the year.

Data from ARKM shows that Blackrock alone bought more than 2.6 billion this week, not counting other ETFs. That's why I'm bulish.

On this year before the 2024 ends I do expect a retracement of the bitcoin we how that the bitcoin trying to surpass the 100k but still there's some sellers would like to pull it back so they can ride again if the market price of the BTC gets up again more than 100k and we know its a holiday season so do kindly expect there's a chance of selling of some coins people would like to enjoy their hardworks through out the years and sell few of their holdings and use in the holidays and upcoming new year.

It makes sense to be careful in every trade because considering that not all coins are the best or gems as you say so every trader needs to know them first in more detail so as not to carelessly choose them as their trading assets. In addition, every trader also needs to know the current market trends and conditions so that when they want to trade in the short term they don't immediately get caught up in coins that have less potential to increase. Because some coins also still have a very good influence when Bitcoin starts to increase in the market so that it can also be a temporary choice for every trader in hunting for profits in the market.

You need to be extremely strategic. Not all tokens are gems. Also we’ve seen an abnormally for the first time in years, while Bitcoin was hitting new ATH, altcoins we’re doing the opposite. They’re beginning to fall in line again but just be careful.

I don't think bitcoin will pump to 110k within next week. The fact that Bitcoin was able to break the 100k record was really an interesting moment to see. It was like dreaming about something as mammoth as that and seeing your dream come to reality. I was proud of the bitcoin community worldwide for pulling up such great stuff. Again, it shows the potentials of a people's driven economy and how bitcoin can unanimously bring people together across the world.

Today, the market was able to hit a 24 hrs high of 100k in the market but later fell below that, but the good thing is the fall hasn't been significant anyways. It is within the range thereby making the possibility of the bull effect higher. But I also believe since we are in the festive period where many investors would like to shake up their wallets and enjoy the fruit of their labour, it may not pump as high as 110 or 120k in a short while, maybe in the early days of next year though.

yeah that seems to be the thing that's happening right now some people taking profit, but eventually they'll ran out of their BTC and there will be no liquidity left in the market, honeslty it's a good sign, not much weight need to carry to go up beyond $120k in the future since people are already offloading their bags.

most of the market movement coming from institutional investors anyway, from the data it seems retailer are still not that interested or not yet interested in coming into BTC and invest despite BTC breaking out psychological price at $100k, maybe in the future once BTC reached $120k, they'd go full FOMO, but we will see.

The price level of btc today is already quite amazing as we have already reached the 100k-mark where it was only a wishful thinking few years back. So for me, that's already a very good development in this market. Quite a feat for a currency with more than a decade old in the market. If the adoption will continue as more people are getting interested, the price will definitely increase as we only have fixed supply for this currency. Many new investors will come by, so the increase is imminent. But for some with very calculated budget, better not indulge right away as you can be in the position where you need to sell your coins at a lower price depending on the time frame being considered.

We are already seeing how it is moving in the very first week that it has been. There is a much awaited scenario that we're all waiting for by 2025. People are expecting that when Trump gets into the scene and assigns the new SEC chairman, that's more bullish scene that we'll witness.

It's safe to say that we have already a successful year although it hasn't ended yet. And the success for everyone depends on how we have decided in the past.

And I think that you did and so as the majority in here so, early congratulations to you.

Right now it's quite hard to predict the movement of Bitcoin. Because Bitcoin is still tussling with the psychological resistance. Until Bitcoin surpasses its psychological resistance, we can expect anything from Bitcoin. And currently Bitcoin is moving sideways. If BTC breaks out next week, we may see 110k this month very soon. 
 
In this way, we should also review fundamentally, as now new years is going to start, and at the same time it is Christmas, so many people are cashing out their funds. So that's one reason we might see a bit of a correction. The rest of the sentiment is in the hands of bulls, maybe next week we will see a price surge because it is an unpredictable market, anything can happen.

I personally think that Bitcoin has potential to cross $110k in this month of December. It's not really easy to break that value but it's highly possible.

There's huge FOMO in market and when such FOMO takes place then anything could happen.

Not, only the FOMO but the big investors are also in this time, and that's why we might see some surprise at this Christmas.

As it is the market is unpredictable. Last few days the price came down to $99k and yesterday it rose again to $101k. And right now it is $99k again and the market is still coming down steady. LoLz, in the time of typing, the price has rise to $100k so we don't know how the price will look like. But from next week will know how things will be. But in every December, the price of bitcoin is on the rise and not on the low. And in my prediction. Traders will still make good profit in the ending of the month.

This month of December will be filled with a lot of hype and anticipation of whether bitcoin will continue on an uptrend or will end the year with the current all time high it achieved some days back. The year is already successful even though bitcoin does not make any more uptrend movement again. Many anticipated for a $100K for this bull run and bitcoin achieved that will a lot more numbers added to that again. If this December does not end on a bullish trend, then we still have January which a lot of people still expects that bitcoin is going to make some new bullish movement and capping the new all time high for this bull run at $150K. Until then, let’s see how the market is going to react.

In my opinion we are in bull season (4 year cycle) and it is just starting so I have no other prediction than to believe that bitcoin price will only go up and up. Of course, bitcoin will not go up vertically and there will be corrections but those are small corrections and are only meant to create momentum to go higher so I don't want to pay attention to it.

For traders, I would just recommend limiting short positions and only opening long positions because most of the time bitcoin will go up. For holders, they should follow the set plan and take profit when the target is achieved. Don't be greedy and think you are smarter than the market and want to make more money.

Moved to bullish after hitting that 100 lol. I was of the opinion that we'd at most see sideways movement (with small increments every week) into the last month of the year but nope, 1st week and we've already hit 100k. I'd like to say the same again after seeing the 100k have less impact than anticipated in the market, but nah, I'd move to bullish now after all those wrong calls the past few months. Probably see a lot more action near the end of the year though.

The photo that I shared consists of 4 candles. Those 4 candles out there are the price movement of Bitcoin last 2020 and 1 candle = 1 week. If you will see, the first week ended up in a red candle, and we've seen a huge drop in price, but it ended like a bit of a hammer, and that shows bullishness (bullish hammer). Well, as you can see in the next 3 weeks, Bitcoin went up significantly and ended those weeks on a green candle.

The last week of November ended in a bullish hammer on a 1-week time frame (you can look at it on TradingView), and that shows bullishness. Currently, our week is on a green, and there's a chance that the upcoming weeks might end in a green candle as well. Overall, I'm pretty much bullish with the market, and I've ever been bullish, but I'm more bullish now. Good luck to all.

we have seen a good start to the month when Bitcoin hit $100k. the situation may have been corrected, but those who are trading may have already made some profit when they predicted the correction in their trading positions.
maybe from Christmas to new year, we will see the market move up again, and while we are at the moment the market moving sideways. early next year we may see better prices.

The market this December is definitely going to be a big step for bitcoin, most definitely that we're not going to see bitcoin at a level higher than what it is right now, that 103k USD is not going to be there for long because there's some indicators that the movement is going up again, that's why it's such a good idea to do your usual DCA because that way, you're not going to miss out on big stuff that's waiting to happen, hopefully I can manage to squeeze in more profits by the end of the year, bitcoin to 200k for the next year I guess?

What I expected to happen in December is already happening, I expected the market to fall because of the festive period being around and people will be taking profits that they can spend on enjoying with their love ones. December are for spending more than investing, it is during January that you can begin to see people start investing again and it is always aimed towards having something that they can use for celebrating the festive period. The market having a correction should not be a cause for alarm because the market will not stay that way forever but will recover shortly after the panic have finished. For the smart investors, what we should be doing is investing more when the market goes down in December and not to be selling like others are doing.

I think so too, we all seem to be in a bullish period until the beginning of the year, there is no accurate prediction but the signs are there and we can analyze them. Just look, at the beginning of this month we started with the excitement of bitcoin price surpassing $100K for the first time in history, and this trend seems to continue until the US president-elect is inaugurated on January 20th. Bitcoin will still experience a correction but not too severe after that bitcoin will go up to $110K when Trump is inaugurated. This is just speculation, and of course nothing is accurate but I believe bitcoin is in a good trend until the beginning of next month.

Well, from the look of things, seems that we are still going to see some bullish movement between now and the end of the month. Although we can not be accurate in our speculation but price is still on the up trend.

Bitcoin will have dip in late December when many entities have to rebalance and polish their annual financial report that will be use for tax report months later in 2025.

In next two weeks, I believe Bitcoin will have a dip, and it's chance for Bitcoin investors to buy a dip and accumulate more bitcoin or stack more satoshis. Next year will be very bullish for Bitcoin market and if possible, they should not waste this dip buying opportunity. In Bitcoin market history, Christmas and late days of December are not good days.

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.

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.

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.

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.

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.

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. 

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.

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.

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