Bitcoin might be ready to pump similar to December 2020

[slaman29]

Considering the fact that price rise has been behind the 2017 schedule by a couple of months and we are still in a reverse bubble and haven't even gone back up to the intrinsic value, I don't see December being the "pump" month like it was in 2017. We'll have to see a lot of rises and reach at least $250k then see the sudden "pump" that happens from time to time in bitcoin world leading to the final bubble at $500k.
This can only happen next year.

I'm really hoping this turns out to be the case, that this rise goes into 2022 without blowing up by December. I'm ready for a long period of gains followed by the years of pullback, but it's going to be painful if we see another big blowout by December.

You say final bubble, but you mean for this cycle I think? 500k seems so far away tbh.

[lixer]

We cannot forecast how the price goes since volatility is unpredictable but actually there are certain instances that we can check how market will go thru the chart although we cannot fully trust since the result is not accurate but somehow its a great help for traders on what they need to do to ride up the current volatility happened on certain period of time. forecast is meant to be taken as guide not to be hype and if you get FOMO for certain happenings then you might lose your money traded at that time.

I agree it's not an accurate forecast due to volatility but in the grand scale of things, the pattern that bitcoin forms is always the same  for over a decade, I mean the halving yielded the same result which were pumps after they happen.

In the very long term bitcoin is something that goes up, that is literally all that we have that we can prove right now, that doesn't mean that we will not be able to do something similar again or something different but bitcoin is a long term thing and that will always be true. It means that if you want to find cycles and patterns then you can find it, all you have to do is just keep on watching bitcoins price going up, that is all you have to do and nothing more.

I understand that you may find some patterns yearly or every halving or whatever but just because those were the specific times that price went up doesn't mean that it will be the same thing every time, the only true part in that is the fact that bitcoin will go up and that's it. I personally like to see bitcoin go up a lot so I create time periods as well but I never really rely on them at all.

[Oilacris]

~snip

We cannot forecast how the price goes since volatility is unpredictable but actually there are certain instances that we can check how market will go thru the chart although we cannot fully trust since the result is not accurate but somehow its a great help for traders on what they need to do to ride up the current volatility happened on certain period of time. forecast is meant to be taken as guide not to be hype and if you get FOMO for certain happenings then you might lose your money traded at that time.

I agree it's not an accurate forecast due to volatility but in the grand scale of things, the pattern that bitcoin forms is always the same  for over a decade, I mean the halving yielded the same result which were pumps after they happen.

Some people said that all time 63k high is already that 20k ATH wayback in 2017 but its not really that much a guarantee because it would be always unpredictable.It might pump or not because these

questions had been always in each years passed where we do presume that ending months is one of the indications for us to think that price would shoot up again.
For now the best thing to do is to buy when cheap and take chances for you to get in while it isnt really still on peak but of course, always mind about the risk.

[wxa7115]

Everyone is expecting a big pump at the last quarter, so yeah, we could see similar pump or even in the higher end come December. And many of us have predicted a $100k or more price this 2021, and so it seems that there is a positive sentiments about it. Also we have Taproot in November, I think this one will be huge for the market as this will be the catalyst for the eventual run to 6 digits, so it's very exciting year end run again.

The story is repeating itself, during the 2017 bull run we had the activation of segwit and this was one of the main reasons why bitcoin grew so much at the end of the year since this allowed developments like the lightning network to take place and which are slowly gaining popularity.

Now we are seeing the same, after an early growth during the year we saw a correction and then the price remained stable for some months preparing the stage for another update on the network and a huge bull market at the end of the year, it is better that people prepare themselves as I think bitcoin could reach even 200k during that time and if many institutional investors reveal they have been accumulating coins in secret the price could go even higher than that.

[Oceat]

September is a very uncertain generally negative month for mainstream markets in historic record this exact moment in time is best suited to caution and if we prove resilient then BTC might appreciate better in the last months of the year.   I see the start of a pullback here, if it fails then I'll change my mind.

I just saw how Bitcoin pump today after dropping to $46,500 it suddenly pump back to $49,000 I don't know what's happening but this is odd actually. It doesn't seem like a trap for me but I'm still waiting if September is again a cursed month just like what happened in the last 3 months.

If ever it will break the $50k resistance and proceed to touch $60k we might actually see a new ATH here or nah traders and whales would dump it back to $49k, I don't know. lol

[Baofeng]

Everyone is expecting a big pump at the last quarter, so yeah, we could see similar pump or even in the higher end come December. And many of us have predicted a $100k or more price this 2021, and so it seems that there is a positive sentiments about it. Also we have Taproot in November, I think this one will be huge for the market as this will be the catalyst for the eventual run to 6 digits, so it's very exciting year end run again.

The story is repeating itself, during the 2017 bull run we had the activation of segwit and this was one of the main reasons why bitcoin grew so much at the end of the year since this allowed developments like the lightning network to take place and which are slowly gaining popularity.

Right, who can't forget the 2017 bull run? Segwit and then we have the bitcoin future contract offerings (CME and CBoE) that really fast charge the bull run to almost $20k ath that time.?

Now we are seeing the same, after an early growth during the year we saw a correction and then the price remained stable for some months preparing the stage for another update on the network and a huge bull market at the end of the year, it is better that people prepare themselves as I think bitcoin could reach even 200k during that time and if many institutional investors reveal they have been accumulating coins in secret the price could go even higher than that.

Hopefully, history repeats itself at the end of the year. The prediction is at least $100k minimum, so hopefully we can reach it with many institutional money coming in and of course retail investors who doesn't want to miss the bandwagon with FOMO in the last quarter.

[Hypnosis00]

It might have a different market view this coming December compared to the last year 2020 but I was still believing that we are still in a healthy market and in an uptrend motion. With the current market momentum, it was really having a chance for the new ATH will come, I'm not thinking about $100k as it seems impossible but saying another $60k is quite possible to reach.

But on the other side,
Well, of course, there is a need for us to be aware of the situation that dumps are also unpredictable. Just a need for us to be prepared for any possible scenarios, not just to focus on the positive side but also to think about the negative ones.

[Boov]

Absolutely, most of us desires to see bitcoin pumps again just like what happened from the past. Same trend applies but in a different price, because December 2020 I remembered bitcoin was at $20k that time but for now predictions tells us that it would probably reach up to $60k or higher.
Some poll survey said exactly at $100k, but we're too early for that certain price to celebrate. It may take time to see it happening, so let's just stay calm and go with the flow.

[Fundamentals Of]

September is a very uncertain generally negative month for mainstream markets in historic record.   I think correct stance in this exact moment in time is best suited to caution and if we prove resilient then BTC might appreciate better in the last months of the year.   I see the start of a pullback here, if it fails then I'll change my mind.

This is still too early to tell because we have just entered September, but it looks like the month has opened on a very positive note. Today is September 2 and yet we can see that the price has already risen to probably attempt another round of breaking $50,000. It seems Bitcoin might succeed this time around. There was a quick consolidation of the price. We cannot tell whether it was enough for Bitcoin to have developed the strength to break the resistance and go straight to $60,000.

[kotajikikox]

I am not quite certain about this, however, this might be a similar set up for bitcoin on December 2020.

There as some similarities but isn't so early to view this that way?  because we have not even entered the last quarter of the year meaning
the positioning might change in the certain time so best not to expect that much but be ready either.
and besides December last year is not that we must wait for comparison instead the incoming 2022 1st-2nd quarter in which what did happened this year.

Absolutely, most of us desires to see bitcoin pumps again just like what happened from the past. Same trend applies but in a different price, because December 2020 I remembered bitcoin was at $20k that time but for now predictions tells us that it would probably reach up to $60k or higher.
Some poll survey said exactly at $100k, but we're too early for that certain price to celebrate. It may take time to see it happening, so let's just stay calm and go with the flow.

We desires but we are most of the time failed.

best not to look at that genuinely instead wait for what to come month before December in which November .