Bitcoin December price

[Oshosondy]

Let me start with November sentiment, I could not believe it would happen, FTX customers fund misappropriation later surfaced and led to more crypto bear market, this further downtrend sink bitcoin below $16000 to $15400 in November, from $21000.

See the sentiment:

Bitcoin highest price in August was $25200, $22800 in September, $21100 in October if it does not surpass it in few hours away to the month of November. In 2018, these three previous months were similar in a way the price of bitcoin did not have much volatility but followed by a massive bear market that decreased the price of bitcoin from $6600 to $3600 in November before the next massive bull run started that drove bitcoin up to $13970.

2022 has been predicted to be bearish and it was, just a month left to 2023 which is less than 2 hours away. It was not easy all through this year, but continuing to DCA would yield good return later on. Those that are losing should not sell by now when the price of bitcoin has reached significant lower price, it is wise and a good strategy to buy more using DCA.

I saw this today which could indicate bull run later on, but I do not know if it would be in December, but people are accumulating is all I guess and that December will not be bearish, not just because of the report, but I am sentimental about it and because the bear period has been long enough and not knowing what could hallen again like FTX that could further sinking the price down.

Bitcoin Shrimps (< 1$BTC) have added 96.2k $BTC to their holdings since FTX collapsed, an all-time high balance increase.

This cohort now now hold over 1.21M $BTC, equivalent to 6.3% of the circulating supply.

There are some positive news coming is all I could think now and I do not think there would be further decline. But what FTX has caused has still not gone, but the price of bitcoin may not decrease much further, though no one knows if it would decrease further or not, but good to DCA and continue accumulating for the next bull run is knocking, but we do not know how soon it would be, but very close to us for it to come true.

Let us guess what the price of bitcoin could be in December. Is it going to be bearish or bullish or just boring with little volatility?

[STT]

I think neutral to negative drift but today the action has been positive above 16k.   If we continue to trade above 16k it will have been a higher low which for the moment is good movement.   Overall further out I dont think we easily gain more to get back into the 20k area and above.    We are likely to repeat in this area with some taking profits on that small gain we've seen off the lows.  More time required, the wider market doesnt appear too negative which helps also.

[Yatsan]

Good thing that we are now seeing green marks in the market such as with 'main' tokens. A good indicator in my opinion but won't guarantee recovery before this year end. Problems and issues are still fresh on investors perspective which might give them hesitation whether to invest or not at this point. To some, it would be good to invest already but we cannot blame those investors who are waiting for a clear trend line before they engage investing in tokens of their preferences. I'm guessing that the market price could go up to $18k if green marks would a bit last long before this year end. And if not, maybe it would be firmed with $16k. So for now holding and waiting, I guess, would be the best thing to do.

[goinmerry]

Hard to speculate on something especially the bitcoin price but to answer the subject, I don't see any changes from today's price to what will be the price next month. Crypto-market is still in the effect of the long-term bitcoin bear market and the recent issue involving the FTX, it contributes more to the possible long-term extension of the ongoing bear market.

With that said, I don't think there will be a sudden rally and this situation will remain at least until the end of the 1Q next year.

Again, just speculation.

[sheenshane]

There's a short resistance that shows that the market slowly recovers, but it's too early to tell because it's just only a small resistance.

It's expected that every last quarter of the year Bitcoin price will increase so I think there's a bullish trend but not that much, as we can see still a struggle for Bitcoin price were there and it's hard to get recover due to the recent negative news that has an impact to the price.

Well, hopefully, Bitcoin will become bullish by next month but as of now, no one can tell.  Continue buying through a DCA way would be the best idea as of now.

Let us guess what the price of bitcoin could be in December. Is it going to be bearish or bullish or just boring with little volatility?

Bullish I think.  But I don't have a supporting analysis of this speculation.

[Chato1977]

at least now you are in good timing posting this sentiment lol  

I believe that we will continue seeing this low movement and may drop more as the reaction of the market this past weeks is the same and that is Bearish.

though I don't wanna lose hope but yet there are many things to consider specially the inflation and the economic issues .

[CryptoBuds]

I am not very bullish on bitcoin in December, in December we have a lot of notable events and it will make bitcoin price dance, I believe. Fed raised interest rates, and many news that they will lower interest rates this will be positive information for the market but this month, OPEC will officially cut oil production, which is likely to exacerbate the energy crisis and will worsen the economy. Along with that, the downward trend of FTX has not stopped when the next notable name is Genesis, if they declare bankruptcy, this will have a significant impact on the market. My personal prediction is, bitcoin can't hit $18k by the end of this year.

[rodskee]

I still hold in bear market now , I don't want to disappoint everyone who trust bitcoin that much (coz i am also one) but I know where to understand the situation than expect so much and fails.
bitcoin might experience this kind till end of december not unless there will be a big news happen like ending of war in Russia and Ukraine or similar to this but not until then? market will continue lowering and we will understand that .

[Wexnident]

Never really expected any rise from November, the FTX issue was unexpected though since I honestly thought we'd just hover around $20,$23k for the rest of the month, which went down the drain and is instead around $15,16k instead. While I still don't have any bullish sentiments, dipping to $13k seems unlikely if nothing happens, so I'm hoping for a steady increase toward $20k instead, or maybe just a stand at $17,18k. No big moves imo, just the usual we'd expect like the past months, DCA still your best friend.

[G_Besar]

Currently, Bitcoin price has crossed 16k and touched 17k. Here the trade has been very good.  And currently I am in profitable stage.  Because the market has risen so fast that it is beyond imagination.  But I am very happy with the trading because currently the bitcoin market is very fast.

The decline that occurred in Bitcoin is also faster, and you also need to be careful when you see a faster increase in Bitcoin even if only in a very small size. Because the increase that occurred in Bitcoin from $ 16K to around $ 17K is very little and it is still not enough when viewed from the hopes of many people who want Bitcoin to be able to re-create ATH in the near future. A slight increase is only good for trading in the short term, because everyone can immediately sell with a small profit before buying back at a lower price.

[ultrloa]

Never really expected any rise from November, the FTX issue was unexpected though since I honestly thought we'd just hover around $20,$23k for the rest of the month, which went down the drain and is instead around $15,16k instead. While I still don't have any bullish sentiments, dipping to $13k seems unlikely if nothing happens, so I'm hoping for a steady increase toward $20k instead, or maybe just a stand at $17,18k. No big moves imo,

Also still doesn't have any basis to think about having a bull run since FTX issue is huge and maybe one of the reason why people might not trust to invest for a while knowing how bad the market drop so far. Also December is the season where mostly people take some money to spend so there are possibilities that this could affect there investments and might we cannot see any good changes or huge bull next month.

[salad daging]

There are no better signs in December but according to NewsBtc Bitcoin can be traded in the $20,000 range because sideways trading is of course still affected by the FTX collapse so in this holiday season there is nothing better in the sense that the bulls are still far enough to reach because of the effect FTX affecting all these areas will certainly take a while to hurt for investors, but maybe in December $20,000 at least it's a better price.

We should be able to see a reversal later but with the current bearish indeed DCA is the right way to continue accumulating bitcoin going forward I will not stop this method even though the price will continue to fall, stay optimistic and continue to do it with DCA every week must be on do as a worthy investment.

Never get out we are in a bear market.
Stay patient with your Bitcoins.
And be a true Hodler.

[Husires]

What has changed to make the price different in the next month? December represents the end of the year and the holiday season, humans tend to spend money.

We can see some decisions during this month:

• Federal meeting.
• OPEC+ meeting.
• Putting a price ceiling for Russian oil.
• The beginning of the winter month.
• Close budgets in most countries.

All will not lead to payment at the earliest level of resistance, so it will be a traditional month, the price will not achieve any surprises.

[YOSHIE]

Let us guess what the price of bitcoin could be in December. Is it going to be bearish or bullish or just boring with little volatility?

Prediction & speculation is rather tiring and boring about crypto market and types of crypto in 2022, many crypto experts are circulating and speculating, aimlessly and many fall into black holes.

Well, for that I am now and also in December 2022, not guided by speculation, I like to be guided by my personal conscience, especially about the development of the crypto market and especially Bitcoin, I think it's better and calmer for me, than I have a confused mind that is not directed.

In general, every crypto user has a different understanding and opinion in crypto speculation, some cannot be separated from speculation and some are not guided by speculation, for me December Bitcoin price will decrease lower than the current price, that's my observation.

[Zaguru12]

Bitcoin is gradually surging up, so as other crypto currency coins. I believe this would continue to happen throughout the month of December but I don't see it going way beyond 20K. But hopefully next year we will see a significant rise although many still predict bearish period at start of 2023,  so let's continue DCAing. But I won't speculate more because I tend to get it wrong almost all the time.

One thing I observed in the November bearish period is that bitcoin has a strong stability at 16k, and it would be hard to lower than that even if we face another bear period again

[Lucius]

As much as some talk about positive things (which are actually far from it), I think that by the end of the year you shouldn't expect anything more than max $20k in the best case, and if we hit a new bottom (which is not impossible), send a holiday card to those who started this whole shit show (Kwon&Bankman).

I saw this today which could indicate bull run later on, but I do not know if it would be in December, but people are accumulating is all I guess and that December will not be bearish, not just because of the report, but I am sentimental about it and because the bear period has been long enough and not knowing what could hallen again like FTX that could further sinking the price down.

No matter how hard you try to find news that should mean the end of the bear market, you forget that recovery cannot start by itself or at a time when people are struggling with inflation and have additional costs caused by the fact that they have to pay for heating. I don't want to diminish anyone's contributions, but the richest markets are in the Northern Hemisphere, and it's not the best situation there in terms of people investing in anything, let alone Bitcoin.

[Zanab247]

Since November is coming to an end today and the price of Bitcoin still remain $16k, I guess December will be more better than November by pumping high for customers to feel the sign of bull season in the market. Bitcoin price will reach $30k in the month of December for long term traders to believe that the price will surely return back to $40k before the end of December 2022, which is the price many traders are expecting from the market so that they will have enough money to celebrate new year.

[_act_]

As much as some talk about positive things (which are actually far from it), I think that by the end of the year you shouldn't expect anything more than max $20k in the best case, and if we hit a new bottom (which is not impossible), send a holiday card to those who started this whole shit show (Kwon&Bankman).

If bull run will start, it can not be fast like a flying eagle, it will show some green and red hour candles but with net price increase. If bitcoin get to $20000, it is good, it may stay there or fall slightly less, but staying there for awhile would be an indication that more people will buy just to leave this bear period, this would be what will lead to the next bull run in which bitcoin may rise above $30000 to $40000. The profit from just  buying at $16000 if it grows to $20000 is not small amount of money for those that bought at low price. But that is not the main point, the main point is that buying bitcoin now is going to be highly profitable, the best time to buy is when some people are not buying because of the market condition is red for a long time which is a time like this. I too expect $20000 to be a resistant price, but likely before next three to four months, bitcoin would have surpassed that price again.

[Nrcewker]

I think neutral to negative drift but today the action has been positive above 16k.   If we continue to trade above 16k it will have been a higher low which for the moment is good movement.   Overall further out I dont think we easily gain more to get back into the 20k area and above.    We are likely to repeat in this area with some taking profits on that small gain we've seen off the lows.  More time required, the wider market doesnt appear too negative which helps also.

Let’s think positive and so do expect Bitcoins for an upward movement. Currently seeing the price, and the past graphs, it’s 100% sure that Bitcoins will move up in the December. I mean it won’t fall down atleast. If Bitcoins anyhow manages to touch 20k usd by the end of this year, the definitely we gonna see a good growth in the next year. So I am advising each and everyone to buy as many Bitcoins as you can in this bear market price, later when price goes up, we will regret for missing the golden opportunity to buy Bitcoins in cheap.

[$crypto$]

Let’s think positive and so do expect Bitcoins for an upward movement. Currently seeing the price, and the past graphs, it’s 100% sure that Bitcoins will move up in the December. I mean it won’t fall down atleast. If Bitcoins anyhow manages to touch 20k usd by the end of this year, the definitely we gonna see a good growth in the next year. So I am advising each and everyone to buy as many Bitcoins as you can in this bear market price, later when price goes up, we will regret for missing the golden opportunity to buy Bitcoins in cheap.

It's not completely going to go up 100% in december even though it's down to $20k because bitcoin is still in support at $16k today it's slightly inclined to go up to $17k but it doesn't last long and it's below that again which is clear I predict still under $20k in the month ahead.
I know this has to be a positive thing about the market, and I would not pass up this opportunity to buy low and hold it, but some traders take advantage of opportunities with a small upside it will be a valuable advantage for them.