Bitcoin Forum

What do you think is going to happen with the price of bitcoin until the end of the month?

My opinion - it's probably going to hover between 6600$ and 7500$ until december 24, then it will try to rally to around 9900$, and maybe hit bottom at around 5000$ by mid January, to make it easy for whales to buy before the halving.

In my opinion, if you estimate the price of Bitcoin will reach $6600 it will change the trend, as an indicator of the Parabolic SAR currently at the point of $6645 in the 1D time frame. if that happens then the market trend shows a bear, then the worst possibility if that happens prices can reach $5985.

Unless you say the price will reach $7880, because looking at the Parabolic SAR indicator which is still below the candle for TF 1D, it is not impossible that the price will rise to $9900. but I think that $9000 is still difficult to achieve, I analyzed this December between $8000- $9000.

if i had to throw out a price range through the end of the year, it would be $6k-$9500. this entire downtrend from $14k, the market has repeatedly retraced hard into previous ranges. this is in stark contrast to the april-june rally which exhibited a much stronger trend. accordingly, i'm expecting a significant upwards move into january, perhaps to test the 200dma ~ $9400.

this is a decent approximation of where i'm looking at: https://bitcointalk.org/index.php?topic=5140701.msg53228470#msg53228470


in my experience, PSAR isn't a great performer. it gives lots and lots of false/premature signals.

I'm really not expecting a "rally" at all. I'm going to guess that it's just going to be uneventful and will stay at around +/-1500 from the current price. But then again, that's just a number I pulled out of my ass. I'm not saying that a rally is impossible though, a lot of us weren't expecting the rally that occurred at the end of 2017 too. Bitcoin simply does bitcoin things.

Weren't we?? Especially after all the ICO craze and everyone going crazy with Coinbase. There was talk about blockchain being integrated into all sort of industries. Lot of vaporware that nobody understood. There is nothing of that sort this time.

The rally can only come with increasing economic activity which is bottlenecked by legislations the world over. Ina another scenario, there can be a rally because everyone is expecting a rally. If a whale does their manipulation thing long enoough for FOMO to set-in, we may well have another rally. All in all, always a good time to buy as holiday season approaches and more people in Christian lands have spare time to pore over bitcoin.

A lot of people definitely weren't expecting it, even if you personally expected it. It's just really easy to say right now that the rally was expected just because it already happened.

This is also true and can happen. The thing though is, I don't see people being that bullish right now, compared to the bullishness people in general had with bitcoin in 2017.

whenever there is this type of weird movements where price suddenly drops hard from a strong buy support and then stays below it, speculation becomes increasingly difficult specially for such a short term as less than a month. not to mention that the month is the last month of the year and although there is no rule for it, when we get closer to end of the year market activities decrease. so i don't guess we can expect much from the market. price will probably stay in the current range meaning from $7k to $8k and not move until mid January at least.

Nope. No rally here. Sideways movement while slowly moving downwards is the only thing i believe could happen right now. Market movement at this month is gonna be kind of dead, not much pumps and dumps would occur imo. Holiday seasons right now, id suppose the market is on one as well xd. Still, the current market offers almost close to 0 clue to possible speculations for the end of the year, movement has been pretty dead after all.

if we look at the same thing as the current bitcoin has not really touched $ 8000, overnight highs touched $ 7700 and then down again, I see whales playing at a price of $ 7000 - $ 8000, I'm also not sure if the price of bitcoin should touch $ 5,000, because full support is in $ 6000, I still see prices will continue to be in this position until the end of the year and maybe early next year will be the same as the end of this year, remain stable

This year we see many uptrend on previous months, we can't predict the end of year result. Because some peoples are said it will cross 10k USD on end of this month. But I expect it will reach 8k USD on end of this week, so we are all accept anything happen on future. Normally end of the year some hype happen on end of the week so wait and see the future pump on Bitcoin.

I personally can't expecting much from the current market condition ... it's clearly shows how the market tend to go down under pressure as a bearish signal.
$8,000 at tops and $6,000 is the support.
I'm going to buy more at the $6,000 (if happens) and for now just chilling out , watch people getting panic as the market turns unclear after some good price spikes broken by this bear signal popping up recently.

My view : if the majority bear just like right now then I'm bull against them! If the majority thinks bull , I'm bear ! That's how I made a bit profit through some trades.

in my opinion, the price of bitcoin at the end of this year is $ 8100, and at the beginning of the new year, it will start to rise at the price of $ 9000 and will increase continuously before halving. at the moment, the price of bitcoin is trying to reach $ 8000. although the price is still quite stable in the range of $ 7300 to $ 7500, but I'm pretty sure the price of bitcoin will start rising to $ 8000.

I think for end of 2019 it will jump between $8,000-$10,000 and for 2020 I think $10,000-$15,000. but I have absolutely no idea. over like a decade I'm almost perfectly sure that bitcoin will gain value. for 1 or even 2 years there is no person on the planet that could accurately tell you the price of bitcoin. at the moment for most buyers who just want to buy bitcoin for short term, it's a gamble. I think we will trade in the $7,000-$7,500 range for 3 weeks.

I think 2020 has its own right to be one of the biggest bull years we have ever seen in entire history of bitcoin. Now think about it, which year have we ever managed to start with over 7 thousand dollars? I am not talking about a 7 thousand dollars that is high up neither, it is a 7 thousand dollars we "dropped down to" as well, which means we are trying to find a bottom and right now bottom looks like it could be 7 thousand dollars or whereabouts.

A whole new year, with 7 thousand dollars as the bottom has never happened before. Hell in 2017 when we reached 20 thousand the bottom was a thousand dollars or even less, so this is seriously a high advantage. We don't have to go to high places, it is not a must, but it does have that huge advantage right now at least.

prices can rise above 8000 usd before new year ; after 2020 prices to reach level 13000 ---15000 usd before halving i mean . market can change at any moment to bullish trend without dump for this reason everyone should hold bitcoin and not sell buy every change in prices

if the price going down to bellow $5000 it can be good for a whale. so all of us too can buy bitcoin before they all jumping up again. but I  prefer to buy another cheap coin. which is bellow $1 it's very good to take them all before halving moment.

I just look for the regular growth of bitcoin. The same will be followed by the rest of the altcoins. Somehow there will be growth happening at the end of tbe year. If the growth gets continued I believe new year will be providing a big increase in the value of bitcoin. Probably I expect the price of bitcoin to be at least above $10000

Prices could have broken through $ 8000 but judging by the market movement it is difficult to penetrate the price is still fluctuating as yesterday dropped suddenly after rising a few percent, but in my indicator bitcoin will survive at the level of $ 8500 and after the new year may pass prices will again increase, because halving will occur in a few months so the pope will continue to try to take this opportunity to buy at a lower price. Maybe with a lot of FUD prices can plummet again.

Don't look to the perspective of monitoring to the price of bitcoin for a very short time. It is lucrative if you're looking into it the long term way because it's not an overnight success the way most of the investors thought of it before.

It's likely that we'll hit a new bottom before the halving but I don't look into that speculation. I'm becoming more positive the way bitcoin recovered after it hit $6,400.

Are you referring to what appears to be a sharp V bottom? I would be a bit more confident if we find our way back up closer to $8000 and stay there, but the ~$7300 level is so crucial that it keeps lifting the price up when it drops below it, and drags it back down when it goes too far above it. Almost like a magnet.

If the price has bottomed out, the part that follows afterwards is something people hate a lot, which is boring sideways price action. This sideways price action can drag on for months. It might even trigger some investors to dump their bags out of boredom, but that's a good thing because there will be less selling pressure on the way up.

It seems to me that this is a prediction for a longer period ... longer than half a year. As for the coming months, I expect calm in December. Nobody will make sharp moves during the Christmas season. Unless the whales want to enjoy the peace of traders and investors and reduce the price. Later may happen what you wrote.

I have a different opinion about this. even though it's just my thing, but we are all waiting for the "halving" moment and collecting bitcoin. although it is possible to decline, I feel that the price of bitcoin will not reach the level of $ 6400 again, however, at this time, the price of bitcoin is also quite low.
Well, although sometimes at the end of the year the price of bitcoin always goes down, I might think of prices around $ 6800- $ 6900, and after that, the price of bitcoin will continue to rise before and after halving.

I came accros to this forum two years ago when bitcoin price touch its all time high. I just missed the train and misses a party that other people feel, just watching a lot people here who get a lot of profit because I don't have money at that time.

But after that when bitcoin price crash and leaving far from its all time high many poeple here complain about it and last year at December 2018 there are many people who made a prediction who filled by a lot of hope such as bitcoin will touch $30.000 $50.000 and more.

But now, seem like the people here just tired to predict and it seems unwilling to express their hopes for the price of bitcoin in early 2019. However, I'll make a price prediction for bitcoin price at the end of this year and I'll guess that bitcoin price will be arround $8000.

predictions that agree with me, I also speculate like that, I think Bitcoin will go to $ 6000 or even to $ 5000,
after that all switch to altcoin and of course this makes it easy for whales to get bitcoin easily if altcoin season comes

If i have to set a price range for btc by the end of december it would not be too high as at current the prices are range between $6-$8k and going up and down and same trend will continue for rest of the year and prices will show positive impact after mid of 2020 and cross $12k and we might witness rally afterwards in prices till then we have to wait for actual time to see prompt results.

Currently the price of bitcoin is around $ 7,500 and will last around $ 7,500 to $ 8,000 throughout December and is likely to touch $ 9,000 by the end of the month or nearing the turn of the year.
and all predictions are not always true but the rise in bitcoin is everyone's hope and hopefully bitcoin will provide a good price value in the near future in accordance with everyone's expectations and predictions.

most likely the price of bitcoin will indeed be in the range of $ 7500 to $ 8000 at the end of the year. I estimate that when the price of bitcoin falls at the end of this year, there is a possibility that the price will be close to the level of $ 6k, but if the price is positively increased, there is a possibility that the price is close to the level of $ 8k. that is the closest estimate, but I am more in favor that the price of a bitcoin is around $ 7900

Many things can happen, and some bad news/good news related to altcoins or bitcoin will have a huge impact on the price. And I think the price of bitcoin could fall to 6,500 $ to 7,000 $ again when the last week comes before Christmas day and the New Year, because many investors convert their bitcoin to fiat to spend on holiday.

And by the first month of 2020 we will see more volitle prices.

There were lots of speculations towards the upcoming halving event. Accumulation period?We wouldnt know on what would be the price levels.
Going back to 5k wont likely to happen but its always possible to dump that low.We are reaching this year end but it seems price tends to tank
or goes sideways until the 1st quarter of next year. Halving effects doesnt show up immediately but rather after few months of it.

Bitcoin has surprised many investors and speculators in the past and I have decided to take views on it movement lightly! I have decided to wait until market starts to react to the halving in May 2020 before buying again. For now anything can still go and waiting for bitcoin to get below $5000 before buying may be waiting forever.

My prediction about the price of bitcoin until the end of this year may be $ 8,000 and it will be more stable at $ 7700. I only expect it to be at its lowest level because I want to buy it for halving, and I think under $ 6500 is also quite low, seeing the market still fluctuating and my analysis has not been a significant movement during the end of this year.

For many investors, December is a month in which they do not take part in speculation, and those who do it are much calmer in making decisions. I think that either the price will not change at all until the end of the year, or whales will use the "inactivity" of investors to lower the price.

Likely.

I have lowered my standards for the price so that whenever we hit a new bottom that's the price that I'll rely if I'm getting some profit or continue to hold. Looking at my lowered price standard makes me no worry if we see the price pump and goes down a bit again.

It is struggling to hit $7,600 and this attitude is of the same pattern that we've seen before. IMO, there might be a quick follow up pump.

The way things look now, Bitcoin might struggle to get to the $10,000 price range before December. Bt things will surely change next year before the halving and price is expected to move upward

Looking at what's happening now I think prices will head towards $6000 to make lows before the turn of 2020.
I'm just doing a technical analysis, which is more or less like that.
Because the closest resistance level of $7700 is still difficult to break, the price will go down first.

$7500 to $7700 price is more realistic, I don't see the price going down further, to below $6000 by now people have realized the buy support is more established at $6000 people are on a buying mode and whales  are dumping for short term profit, but everybody are bullish on the price of Bitcoin after halving.

Let dumpers dump, if they do that's a great opportunities for believers who will pick what they dump, we have many believers now, because halving is fast approaching and this is a big anticipation for a big pump that is coming, there are many believers than dumpers now, so i don't believe price will drop to $6000 as one experts predicted.

I expect the price to linger around $8,000 for the rest of 2019 and start a gradual increase in the first quarter of 2020 to reach $15,000 to $20,000 by the halving in May 2020.

Better still the price of Bitcoin should ranges between $7000 to $8000 however the upcoming Xmas celebrations would have some impact on the price perhaps it should dumped to $7000 or lower after the celebrations I expect the price to pump after the whales must had bought at low and in anticipation of the halving of Bitcoin in 2020 optimistically the price would reach $15000+

The whales have already bought a lot of Bitcoin when the price was only $3,000. They are too late if they will buy a lot of Bitcoin only when the halving is about to happen. That is probably not the mindset of whales. Most of these whales are already buying the rumor. Before halving became news, they already bought a lot. When the news about the halving became mainstream, they are already selling. The whales are expected to be wise and ahead of the majority.

Will Christmas affect the movement of bitcoin? last year when Christmas even the price of bitcoin fell, and maybe indeed it will be in the range of $7000 and even below that. before next year it will increase, but not significantly because historically the price of bitcoin will start to rise significantly 1 year after halving.

bitcoin is still experiencing consolidation, you can see the RSI is still at number 45,
of course there must be confirmation whether Bitcoin continues the upward trend or will go down again,
which is certain in my opinion we will see it is very risky if you trade today

I’m expecting bitcoin prices to rise up to $8k levels in coming days, and then settle at $9k levels before this month ends. As for your question regarding whales I highly doubt they’ll buy at current levels or anytime soon because most of them have been selling thier coins so unless bitcoin prices hit $3k again I don’t expect whales to buy.

https://u.today/bitcoin-price-slides-to-7200-is-8000-still-possible

https://u.today/bitcoin-whales-are-selling-btc-before-market-crash-peter-schiff

These whales won't risk their money unless the majority started to create trending movement on price increase. They're more choosy that us, that's why if they seem to witness some price declination we usually experienced a lot of crashes. Halving is good, but when the whales dominates the market we won't prosper ahead if time.

I'll go with 8,000 $ as my highest price range, and 6,000 $ as the lowest. As of now bitcoin has shown a dramatic price drop change within the last two weeks and we are gradually decreasing at 7,000 $ mark may be hitting quite below in the next days but it is somehow hitting ups at zero point something at percentage thus, we may have at least a somehow a positive look though it decreasing.

You cant removed on ones mind not to think up the same way or compare it to the past.Thing here is that future is uncertain and no man would able to know on what  would happen on next days or years to come.
Its better not to expect at all because it will just simply frustrate you.The thing here is that you do accumulate btc as lower as the price it can be but somehow you should be prepare either it would slumpped nor rise its
price after such entry.We do talk about new year before and after so im not expecting for similar 2017 event just like yours.

It seems difficult to guess or predict the current movement of bitcoin and currently the price of bitcoin holds around $ 7,500 and moves up and down and does not penetrate $ 8,000.
and I hope in the near future or at the end of this month bitcoin goes up and continues to increase gradually to reach the highest price.

Whales can't literally have enough of bitcoin at ANY price, they just buy to a level where they could not increase the price by their own, and they just happen to be there during the increase. If given the choice, whales would buy BILLIONS of dollars worth bitcoin at this price, why?

Because, they are whales and if they could buy billions of dollars worth they could also increase the price later when they want and sell 5x billions worth later on however they can't, if they buy billions worth they would increase the price and that is not something they can do while they are at the purchasing stage. So, it is not something they intend to do but they can't buy as much as they want from any price, not at $3k, not at $5k, not at $10k, they just buy until price goes up.