Bitcoin price prediction for before/after new year

[DayTrader27]

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.

[AakZaki]

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.

[figmentofmyass]

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 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.

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

[mk4]

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.

[amishmanish]

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.

[mk4]

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.

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.

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.

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.

[pooya87]

until the end of the month?

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.

[Wexnident]

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.

[samuraijin]

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.

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

[cryptoangel]

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.

[EdenHazard]

until the end of the month?

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.

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.

[BigBos]

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.

[Darooghe]

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.

[justdimin]

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.

[barota]

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

[dirgayeah]

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.

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.

[Ayiranorea]

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

[Furious 7]

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

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.

[livingfree]

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.

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.

[1Referee]

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.