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Author Topic: Bitcoin price prediction for before/after new year  (Read 479 times)
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December 06, 2019, 10:29:05 AM
 #21

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.

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December 06, 2019, 10:56:34 AM
 #22

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.
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.

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December 06, 2019, 03:00:33 PM
 #23

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.
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.
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December 07, 2019, 08:50:45 AM
 #24

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.
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
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December 07, 2019, 02:26:34 PM
 #25

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 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.

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December 07, 2019, 02:52:01 PM
 #26

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.


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December 07, 2019, 03:39:29 PM
 #27

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
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December 07, 2019, 03:57:29 PM
 #28

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.
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December 07, 2019, 04:51:29 PM
 #29

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.
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.

R


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December 07, 2019, 04:52:52 PM
 #30

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.
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December 07, 2019, 04:59:42 PM
 #31

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

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.

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December 07, 2019, 05:10:55 PM
 #32

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.

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December 07, 2019, 08:17:21 PM
 #33

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.
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.

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December 07, 2019, 11:56:25 PM
 #34

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

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December 08, 2019, 04:57:54 AM
 #35

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.
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.

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December 08, 2019, 10:30:28 AM
 #36

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.

$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.
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December 08, 2019, 12:51:52 PM
 #37

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.

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.
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December 08, 2019, 01:06:43 PM
 #38

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.
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December 09, 2019, 06:16:44 AM
 #39

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+

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December 09, 2019, 06:33:43 AM
 #40

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.

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.

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