Current market conditions

[doctor877]

Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

[bttmember]

We are just closing the year with 5 days left so i do not think that there will be major breakouts in this time. I am bullish about the market for mid and longterm but these few days im expecting market to be a bit slower than normal.

[FaucetKING]

I was not surprised to be honest, it was a new ATH for Bitcoin today. Whales are playing around i think and these pumps aren't by luck. I'm surprised a little bit to see how the XRP graph went in the reverse way. I think that we are ending this year in green.

[Sled]

Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

But don't get expecting that this will be of the same trend next year.
Could be surprising as it was coz most of us are thinking that we just stop at $20k, but gladly we even surpass the barrier. In fact, we are at almost $25k ($24,570)at this post, that seems possible we hit that anytime soon before we end this year.

[nelson4lov]

Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

There's no telling how this year would end for crypto. I have to admit that I'm quite surprised to still see green candles towards the end of the year because I was expecting some pullbacks. Well, from historical data, Crypto markets usually take a dive towards the beginning of the year, between january down to April. So I would be on the lookout for a possible pullback. Judging from the current bullish momentum, I think we would have some more green candles before people consider taking profits.

[crzy]

We can’t dictate the market price and the market trend, time can tell. We are just a week before we welcome a new year and a new opportunity to hit the peak price, right now we are on a green trend again and looking at the Bitcoin price I’m confident that we’re about to witness its new peak at the price of $25k, we still have time for that but of course there’s no guarantee.

[samcrypto]

Everyone here wants the market to end this year at a green candles, but its hard to tell that if its going to happen due the volatility of the market. Bitcoin makes a good trend this year and that’s what matter the most, now that we’ve seen its true potential I’m sure many will still support Bitcoin even if it goes to correction again which is inevitable so be ready.

[Baofeng]

Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

I don't think that we will end the year with pullbacks, with the current market sentiments, people are not going to sell but instead buy more crypto and then hold for next year as we might see an eventual bull run similar to 2017. Yes, I would say that this is one of the best year so far, but I expect bigger things happening in 2021. So don't be surprised if alts hit their new all time high next year.

[TimeTeller]

Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

There's no telling how this year would end for crypto. I have to admit that I'm quite surprised to still see green candles towards the end of the year because I was expecting some pullbacks. Well, from historical data, Crypto markets usually take a dive towards the beginning of the year, between january down to April. So I would be on the lookout for a possible pullback. Judging from the current bullish momentum, I think we would have some more green candles before people consider taking profits.

We can just speculate on what may happen in the market but we can't really tell what exactly will happen in the next coming days.
As a btc holder, you should always keep yourself up-to-date with the market and be alert for what may cause the movement in the market.
You should have your plans ready, in any scenario in the market. That way, you will get your profits as much as you can if not the optimum one.
This year, even if we experienced a global pandemic, it brought good things to crypto. And we are now seeing the aftermath of this crisis to crypto market, which is actually good.

[Wulan_maniez]

We are all surprised by the price of Bitcoin which reaches more than everyone expects. Many people estimate for Bitcoin will
only reach $20K by the end of this year. But it's unexpected that bitcoin could reach thousands of  percent of its  March lows,
and reach a peak of almost $25K by the end of 2020. However, we cannot be sure if in 2021 the market will be as green as this year.

[bitmover]

Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

Bitcoin is now 24600
Ethereum is 626
And you are complaining?

Cryptocurrency investment should be at least 2 year investment,  preferably 5+

It may be 1% lower than 3 days ago, but that doesn't matter. You should be thinking long term. And we are in a strong upward movement

[dothebeats]

I do not expect any massive changes in the price be it on the upside or downside. Volumes in exchanges have significantly dwindled in the past few days, although this might mean that people have just stopped trading in the mean time to give way with the holiday season. Then again, there are some reports that huge players in the market are now withdrawing their coins in exchanges to store in their cold storages, so it really is just a mix of those things right now. Whatever the case is, market activity right now isn't enough to support a huge crash or any breakout. The remaining 5 days of 2020 for bitcoin would be stagnant so we can all rest easy for sure.

[BigBoy89]

IMO the market will be calmer and with less volume in the next 15 days while people are celebrating Christmas, New Year and then Russian (Orthodox) Christmas on 7th Jan. Then we could see more activity and movements.

[kidbounty]

market conditions are good this month, it's just that the news about SEC vs Ripple is quite hot in the market. In the last few days the theme of discussion on bitcointalk is about the SEC and ripple. the impact of this news is quite large it seems. but apart from that bitcoin is still on a positive path, this is what keeps me calm. maybe this is because XRP holders started selling or exchanging their coins for bitcoins.

for the next year like bitcoin and altcoin will remain in a rally except for ripple. as long as their issues with the SEC are not resolved, there will be no hope for XRP to rise.

[Crislyn4116]

Personally I am surprised with the market turnaround today as against the usual trend. Generally this month has been good for cryptocurrency and this is a pointer to next year being a more profitable year with a mix of declination. As it is now, would you suggest that we will end the year in green or we have more pull backs.?
Share your opinions.

Many promininent traders are looking forward on 2020 as the year where cryptocurrency blow the market given that traditional economic set up faced market devaluation and under economic problems. Pandemic is one among those fortuitous events which impacted us whole.
Looking at cryptocurrency market condition, we can assume that it turned out to be disappointing. Despite bitcoin spike, xrp faced SEC issues, defi scams are overwhelming the market; and these results to an overall market findings. Findings that proved lack or incompliance on certain expectations should we see to legally compete against traditional market.

[Psynthax]

The end of year is known for crypto dumping season I think. People said that it's because most of the traders withdrawing their money to pay taxes and many more but regardless we still see bitcoin going up like crazy, it's already up 5% in 24 hours alone and it's not some small amount considering the price of BTC which is about $24K
If the bulllish keeps ongoing next year probably gonna be a green market for a long time.

[devollito]

Hodl is the best way to win in crypto and of course to hodl existed coin with good fundamental developing. Dont look at your blockfolio every hour it will make you fear of losing money, begore you sell your coin when market down it is just unreal lost. No one knows where the market hoes tomorrow, but i am for sure believe that BTC will break $50 in 2021

[Shallow]

Normally the market would have dump because of the festive season that is, people withdrawing their funds to settle bills and celebrate but seems everything is just changing this time around and also a good proof that many of the funds entering into the market recently have been from big investors and/or Institutional investors, which can also be attributed to the reason why Bitcoin keeps retaining a good price. Nevertheless, it can only take a few moments for dump to occur in the market, also no one can predict what will happen towards the end of the year, but however, considering all that has happened this past weeks, the green market, the good attention and good prices, I think I won't be mistaken for saying the market will end in green.

[gurunanakji777]

These are the normal movement of the market. I won't say the market is not good. If you compare it with last 2-year market conditions you will find the market is quite better and if the market is moving like this we can expect much better in the next year also. Pullbacks are part of the market criteria and one should always ready for this because the market always make some correction before any big move so we can not say market trend changes when a pullback occurs.

[cilgindansci]

The current market conditions give us hope. Bitcoin attracts big investors for the first time. We will be better off in 2021 if Bitcoin purchases continue with this frequency and amount. I hope everything will be fine