How will Bitcoin trend at this time?

[Smartprofit]

Compared to the great growth of btc in 2017 initiated mainly by individual investors this growth has been driven by institutional investors and is therefore more stable and long -term.

In my opinion, the bitcoin price will not change now.  At the same time, the rise in the price of Bitcoin to $ 25,000 opens up the possibility of raising the price of Bitcoin to $ 30,000. 

Currently, in the cryptocurrency market, bulls (buyers) prevail over bears (sellers). 

I am not guided by the events of past years.  The world has changed.  Due to the Covid-19 pandemic, there will be no Christmas holidays, no gifts, no trips abroad ...

The main thing now is virtual reality.  Bitcoin is a virtual reality protocol.  Its price will continue to rise.

[Josefjix]

Most even said 17th-20th of every year becomes and unstable stand point of bitcoin but that particular day Bitcoin proved them wrong by gaining +2.13% increase on the graph. I don't think this particular ATH is respecting any human predictions again. Remember many institutional adoptions happened during the year so, don't expect it to be like the previous years IMO.

[Debonaire217]

Yesterday, I checked the price of bitcoin and still its going downward and I check it again this time its still not going up. I think its an end of the value of it going up because it reaches 23k dollars so far and i think that its high enough for a btc value. Remember the past years that when it reaches that point it suddenly goes down abruptly. Someone may hold it hoping that the value of it will still go up, thats great in reality if it still goes up but we should consider the risk. Since, btc value already reach this point i think being greedy will not be the best weapon for now.

[jaresmerel001]

People are not waiting for a crash this time around. In reality, both passionate and cautions investors forecast significant gains for bitcoin.

I hope bitcoin will become more and more profitable. The price of bitcoin will still rise, although is it fluctuating.

[ethereumhunter]

It will be different, and I am sure about that. In the last year, we did not saw the price is at a price now. And now, we see the price can back up to $20k, and even the price can hit the $23,700 level. So the bitcoin trend will still continue, and the price itself will increase higher in the next year. We hope that the correction will not bring bitcoin price drops deeper, but the price will still up to $20k if the correction comes.

[idrisalomagold]

Most of us are expecting price to go down given that this is what normally happened during times like this - Christmas Holidays. Presently we were experiencing pandemic, so Christmas celebrations in most countries were halted. With the upcoming New Year's eve, it is expected to run the price down a little bit given that most positions were closed or most of the traders reposition, take profit, cashing out - in celebrating this one.

Possibly trend might go downward in preparation for 2021 and should at least find correction at these phase. Current resistance might not hold but if this price will further surge to 25k, we may face sudden price drop after reaching at certain level given that the market is strongly in consolidation before it goea upward, IMO.

[kentrolla]

Every year Bitcoin has not performed at its level best during Christmas and New year, but will it be different this year or else the trend will continue ? We are yet to witness any correction so far and if Bitcoin stays strong this weekend then Bitcoin will easily cross $25000 mark and if we witness any correction then it will be chaos.

What's your opinion on this?

This Christmas BTC never disappointed and moreover it is pumping I think BTC is eagerly waiting for the next resistance which could probably be more than 25k, as the market is slowly pumping and demand is automatically generating we can expect a price surge. Guys don't sell in hurry wait patiently the market has started to trend again.

[Question123]

Be thankful of having bitcoin because even the price of the bitcoin did not move this christmas we already achieve the ATH and we already increase more than that and 1 week more before the end of the year I truly believe it will going to hit more of what we are expected and bitcoin will be trending worldwide again but remember this trends is depends on us on how we care about bitcoin .

[Latviand]

Actually, during the last two months of the year, it is assumed that Bitcoin price will come down, (considering it's a festive period). However, this year has proven that logic & mentality wrong. This year has shown and taught us a lot, starting from when bitcoin was barely $3.5K. Till now; when it's creating and beating new ATHs.

That's right, bitcoin's price is still reaching the $25k mark as we are celebrating this Christmas.

It is not really true that when we are in the day of Christmas, bitcoin's price will not move or it will go down, let's don't settle on that mindset.

Bitcoin will really somehow move du to the whales who are just observing and watching the market. I know some of us didn't really expect the bullish run of bitcoin this year because we are just focusing on trading and working with our investments.

[Daryl_Dixon]

My opinion is that we will have a fall to the 20,000 channel and after stabilizing the price, we will see an increase in prices during this period of 2 to 3 months, and the upward trend will continue.

[Daryl_Dixon]

I feel like the price is going to rise up more before the year ends. Then after a new high comes the correction which usually happen for every high. Lets still hope for the best but still Expect the worst scenario. Bitcoin have gain great popularity this year and big companies and institution have joined, there is more instore for Bitcoin.

I have speculated there will be more fund managements will be coming for bitcoin. the latest case was about the XRP and it will not give a huge impact to the bitcoin as bitcoin never correlated with XRP but otherwise, XRP was only following bitcoin. The trend is still very bullish for bitcoin today and people have been starting to buy in again.
I have seen dozens of people from various groups were FOMO to get into the market again.

Those who have entered the bitcoin and digital currency market during this period have been able to maintain prices in this range, and I hope that this trend will continue and more investors will enter this market.

[Daryl_Dixon]

Compared to the great growth of btc in 2017 initiated mainly by individual investors this growth has been driven by institutional investors and is therefore more stable and long -term.

You are right. And we can see that recent investors have entered the market
based on more interest and know that Bitcoin has a bright future.

[coolcoinz]

Every year Bitcoin has not performed at its level best during Christmas and New year, but will it be different this year or else the trend will continue ?

I like it when people back their statements with evidence. So, are you sure about that?
I'd say its performance throught December of 2017 was spectacular. It even went up again on January 6 2018 from 13k to 17k.

[Axelseseclevz]

Every year Bitcoin has not performed at its level best during Christmas and New year, but will it be different this year or else the trend will continue ? We are yet to witness any correction so far and if Bitcoin stays strong this weekend then Bitcoin will easily cross $25000 mark and if we witness any correction then it will be chaos.

What's your opinion on this?

Base on my own analysis in bitcoin market, it will reach $25k before new year then after that there is a correction which is time to buy. Bitcoin now is really different from the past ATH 2017, it stay longer in a highest price and we don't know when will it drop again.

[Smitty Werben Man Jensen]

Every year Bitcoin has not performed at its level best during Christmas and New year, but will it be different this year or else the trend will continue ? We are yet to witness any correction so far and if Bitcoin stays strong this weekend then Bitcoin will easily cross $25000 mark and if we witness any correction then it will be chaos.

What's your opinion on this?

2 years ago it was different from this year, in the past Bitcoin in 2017 was really amazing after Christmas, prices have been pumping, but in 2018 and 2019 nothing is good anymore, because investors and traders who bought when the price was high in 2017 had already suffered losses big,
and now Bitcoin is back showing its bullishness and reaching new ath at the end of 2020, the trend is up because indeed the halving is the cause

[Wulan_maniez]

This Christmas it seems like people don't want to rush to sell their bitcoins, they might still want to make a bigger profit if ATH continues.
That's why we didn't find a severe correction like ATH in 2017. This time traders and investors are ripe  because they have  learned from
previous  experience.  But I'm not  confident, too, if by  the end of this year  bitcoin  could reach $25K,  even if the price is close.  If this
positive market situation continues, it will definitely touch those prices.

[Hippocrypto]

I feel like the price is going to rise up more before the year ends. Then after a new high comes the correction which usually happen for every high. Lets still hope for the best but still Expect the worst scenario. Bitcoin have gain great popularity this year and big companies and institution have joined, there is more instore for Bitcoin.

I have speculated there will be more fund managements will be coming for bitcoin. the latest case was about the XRP and it will not give a huge impact to the bitcoin as bitcoin never correlated with XRP but otherwise, XRP was only following bitcoin. The trend is still very bullish for bitcoin today and people have been starting to buy in again.
I have seen dozens of people from various groups were FOMO to get into the market again.

The updates I seen on my blockfolio, market turns out greener since last turn down occured. FOMO from different groups normally happens as they desires to invest with bitcoin as well popular coins like xrp or even eth. People will always speculate in time of higher price, but this time of bullish behavior bitcoin will become unstoppable and dominant. Most promising coins will follow bitcoin trend discreetly, xrp is more potential on some known selected altcoins.

[michellee]

It's Christmas and the cost of bitcoin is as yet steady. In 2017 the bitcoins value begin falling during Christmas and toward the year's end, it goes much down.
I figured we may again confront something very similar during Christmas eve but bitcoins refute me and the bitcoins trend is as yet on the top.
New Year is likewise coming and few days are left, I believe we'll see the same stability of bitcoin toward the year's end

We hope that it is just another correction that usually comes at the market. We will see another good moment from bitcoin to increase back, and I guess the price increases and decrease many times. Maybe bitcoin's stability will happen in the next year, but the price will always volatile every day. Let's prepare for the worst thing that might happen to bitcoin, but if that does not happen, we can enjoy the moment to make as much profit as possible. But after the new year, there will be a Chinese New Year that can make the price go down again.

[carlisle1]

It's Christmas and the cost of bitcoin is as yet steady. In 2017 the bitcoins value begin falling during Christmas and toward the year's end, it goes much down.
I figured we may again confront something very similar during Christmas eve but bitcoins refute me and the bitcoins trend is as yet on the top.
New Year is likewise coming and few days are left, I believe we'll see the same stability of bitcoin toward the year's end

Because we have now a real investors ,and look at the market now ,Even the price of Bitcoin is increasing Yet There are still buying and saving this .
Meaning that we are now in the real market  and not comparable in 2017 HYPE.

Now we can assume  that even if there are  fall happens at least the strong 20k value will remain.

Be thankful of having bitcoin because even the price of the bitcoin did not move this christmas we already achieve the ATH and we already increase more than that and 1 week more before the end of the year I truly believe it will going to hit more of what we are expected and bitcoin will be trending worldwide again but remember this trends is depends on us on how we care about bitcoin .

Expected marker High mate because of Halving and the former dump ,Now Bitcoin investors are aggressive and we can see how it works now.

[3meek]

Some people believe that we have entered a new phase of a growing market that could last into 2021... However, it seems to me that after the parabolic growth of bitcoin, we may soon see a bear market... Many people compare the latest growth to 2016, but it reminds me more of 2017, after which we were in a downtrend for several years!