Bitcoin December price

[South Park]

Early December began with a good movement, after the FTX case that made panic and had touched the lowest level of $ 15k but today the price has touched $ 17k, I'm sure the price can reach $ 20k in a week and will continue to rise even though sometimes there is a correction but it won't Stop the pace to reach $ 25K.

Hopefully, it will continue again and could increase to $20k but it looks like the market is facing another correction because the price is back at $16k.
But if not, the price will return to decline again and for futures traders, it is a good time to go short.
So, for now, we must remain vigilant, wait for what will happen in the market and always analyze market conditions to be ready.
And if you want to make purchases using DCA, you can wait a while until there is confirmation from the market if the market will still experience a correction.

The market is still very weak, it presented a small recovery and it surpassed the 17k price for a time but we are back to a price slightly below it, and while this can be worrying for those that bought when the price was very high and they cannot take it anymore I think this is a natural reaction by the market, since if we really think about it there is not really a strong reason why it should present an important recovery at this moment.

[Kemarit]

Early December began with a good movement, after the FTX case that made panic and had touched the lowest level of $ 15k but today the price has touched $ 17k, I'm sure the price can reach $ 20k in a week and will continue to rise even though sometimes there is a correction but it won't Stop the pace to reach $ 25K.

Hopefully, it will continue again and could increase to $20k but it looks like the market is facing another correction because the price is back at $16k.
But if not, the price will return to decline again and for futures traders, it is a good time to go short.
So, for now, we must remain vigilant, wait for what will happen in the market and always analyze market conditions to be ready.
And if you want to make purchases using DCA, you can wait a while until there is confirmation from the market if the market will still experience a correction.

The market is still very weak, it presented a small recovery and it surpassed the 17k price for a time but we are back to a price slightly below it, and while this can be worrying for those that bought when the price was very high and they cannot take it anymore I think this is a natural reaction by the market, since if we really think about it there is not really a strong reason why it should present an important recovery at this moment.

Yes, everyone is looking for the price and if they see that it goes up, then immediately pushed the sell button.

So the December price will still be below $20,000, and so I guess we really have to accept that fact, just one month ago we are already in the $22,000 give and take until this FTX collapse happen that put the price into another downward spiral.

Might be hard to recover from that, and with that we might be in the $16,000 barrier at the end of this year.

[erep]

Yes, everyone is looking for the price and if they see that it goes up, then immediately pushed the sell button.

So the December price will still be below $20,000, and so I guess we really have to accept that fact, just one month ago we are already in the $22,000 give and take until this FTX collapse happen that put the price into another downward spiral.

Might be hard to recover from that, and with that we might be in the $16,000 barrier at the end of this year.

If we relate to the price last month, the recovery price is only up to $22k but after the FTX case the market price drops, maybe for the end of the year there is no chance the market can recover significantly from the FTX case and my prediction is below $20k until this December, because any FUD news is very vulnerable to influence the market price. I think that at the end of Q1 2023 we will be able to predict a high recovery because the news about FTX is gone and cannot affect the panic of investors and traders.

[CageMabok]

I think we'll be under $20k at the close of the year. Yes December entered where today's bitcoin price rose to $17300 and at this time the bitcoin price was trading again below $ 17k. market sentiment hasn't recovered yet and we're seeing some turnaround in the high sell-off going into the year-end holidays. at the same time where we have to face a bearish condition on the attitude of the whales who take the option to sell as they face the end of the year. but we can look at history in the past where in December there were always big surprises in market movements.

Hopefully at the end of this year there will be another big surprise for Bitcoin in the market, because everyone definitely needs more money when they want to celebrate the new year in various countries. Actually I also doubt that Bitcoin can be at $ 20K again before the close of this year, but if for example a big surprise can come again before the new year, I think the price of $ 20K is still very possible for Bitcoin.

I agree with you that we will not sell on the profits we got in the bearish conditions that occurred a few weeks ago because this is a good moment to hold in in order to be able to get bigger profits when the big pump trend comes.

It's just about how long you want to wait for the big pump trend to come again in Bitcoin, because for now I don't think the big pump trend will come anytime soon. You can see for yourself how market conditions are today and the effect of increasing Bitcoin prices through some news in the media.

[2double0]

@OP, the history is following itself and there is no doubt on that. However, if the clouds have settled finally and we see no bs news coming up, then December is really the month of crypto for years. But if we are getting near to something disastrous, then only time knows where we will land this time.

[kotajikikox]

Staying at 16k , though crossing small up to 17k ?

https://coinmarketcap.com/currencies/bitcoin/


This may sound good but this will stay this way all December , I also wanted to believe that in 2023 there are more bearish to come and the start of true recovery is in 2024.
in the mean while? we will expect this bad as what we can get.

@OP, the history is following itself and there is no doubt on that. However, if the clouds have settled finally and we see no bs news coming up, then December is really the month of crypto for years. But if we are getting near to something disastrous, then only time knows where we will land this time.

but we are still hopeful that we will be getting towards growing at least this december before dumping bad in 2023.

[Oasisman]

Staying at 16k , though crossing small up to 17k ?

https://coinmarketcap.com/currencies/bitcoin/


This may sound good but this will stay this way all December , I also wanted to believe that in 2023 there are more bearish to come and the start of true recovery is in 2024.
in the mean while? we will expect this bad as what we can get.

Possibly. I mean there's not much to expect in 2023 for Bitcoin especially that we continue to hear news with stuff like what happened with FTX and with the global economic burden that doesn't seem to have a working solution just yet.
People speculates either Bitcoin will bottom somewhere close at $10k or could be better than recent price and could play along the region of $20k-$30k. Not expecting another huge run next year, but 2024 could be more likely.

[traderethereum]

Early December began with a good movement, after the FTX case that made panic and had touched the lowest level of $ 15k but today the price has touched $ 17k, I'm sure the price can reach $ 20k in a week and will continue to rise even though sometimes there is a correction but it won't Stop the pace to reach $ 25K.

Hopefully, it will continue again and could increase to $20k but it looks like the market is facing another correction because the price is back at $16k.
But if not, the price will return to decline again and for futures traders, it is a good time to go short.
So, for now, we must remain vigilant, wait for what will happen in the market and always analyze market conditions to be ready.
And if you want to make purchases using DCA, you can wait a while until there is confirmation from the market if the market will still experience a correction.

The market is still very weak, it presented a small recovery and it surpassed the 17k price for a time but we are back to a price slightly below it, and while this can be worrying for those that bought when the price was very high and they cannot take it anymore I think this is a natural reaction by the market, since if we really think about it there is not really a strong reason why it should present an important recovery at this moment.

We still need to be patient because the price hasn't been able to go up yet and is in the range of $ 16k- $ 17k.
But I remain optimistic that bitcoin will surely increase when the time comes.
We don't need to worry about this situation and keep buying more bitcoins, especially if the price drops sharply again like before.
And hopefully, if the decline still occurs, it won't make many people panic because it could trigger the price to drop even more.

[wiss19]

There are some positive news coming is all I could think now and I do not think there would be further decline.

What positive news?
I'm quite curious about what you can define as positive at this point, Pizza Overlord accepting Bitcoin and some app allowing people to transfer bitcoins? An exchange having a partnership with some company or getting a license in some country?
Would those make people pour in 8 billion dollars that FTX managed to fuck up in a single move?
To see a bullish trend we need a bullish trend in the real economy, fortunately, enough inflation is peaking and the small hint about the FED not hiking rates that much next time already gives us a breather with the market reaction instantly, so if something good will happen it will do so because of outside factors.

I would guess that the positive news itself is the price going up, the more it goes up the better news it is for us and the higher it will go up because of that and it is a cycle until it hits a brick wall. All others are just speculation and nothing more. Even this FTX deal is speculation basically, the price went down but it didn't had to, think about it, FTX going down doesn't equal to bitcoin being sold, it is us the investors that see the news and sell our coins.

If we saw FTX news and didn't sell our coins, then how could it ever go down? So, basically whenever there is a news, good or bad, that means we react to it and that's why price moves, if we don't react then it won't change.

[Piesel]

There are some positive news coming is all I could think now and I do not think there would be further decline.

What positive news?
I'm quite curious about what you can define as positive at this point, Pizza Overlord accepting Bitcoin and some app allowing people to transfer bitcoins? An exchange having a partnership with some company or getting a license in some country?
Would those make people pour in 8 billion dollars that FTX managed to fuck up in a single move?
To see a bullish trend we need a bullish trend in the real economy, fortunately, enough inflation is peaking and the small hint about the FED not hiking rates that much next time already gives us a breather with the market reaction instantly, so if something good will happen it will do so because of outside factors.

I would guess that the positive news itself is the price going up, the more it goes up the better news it is for us and the higher it will go up because of that and it is a cycle until it hits a brick wall. All others are just speculation and nothing more. Even this FTX deal is speculation basically, the price went down but it didn't had to, think about it, FTX going down doesn't equal to bitcoin being sold, it is us the investors that see the news and sell our coins.

If we saw FTX news and didn't sell our coins, then how could it ever go down? So, basically whenever there is a news, good or bad, that means we react to it and that's why price moves, if we don't react then it won't change.

I try as much as possible to stop speculating on Bitcoin price since the beginning of this year 2022 because most time, our speculation never sees the light of day and if all things being equal, Bitcoin is trying to stabilize around 17k to 18k price which is not a too bad price and at the same time, not a positive price achievement most especially for this that might Bitcoin around 25k to 30k.

But in general, bitcoin chat is showing some positive signs of recovery since the beginning of this week, and if things continue the way it we will soon go above the bad event of the FTX scam which forced the market to decline to this point.

[Punakawan]

In my opinion there will be no big surprises in December, unless there are big cases like FTX or Luna who make the market corrected, if the conditions like today I'm sure Bitcoin will slowly rise even with a small percentage, maybe the price range in December is $ 16k until $ 20k.

[iamsange]

In my opinion there will be no big surprises in December, unless there are big cases like FTX or Luna who make the market corrected, if the conditions like today I'm sure Bitcoin will slowly rise even with a small percentage, maybe the price range in December is $ 16k until $ 20k.

Big cases like FTX and Luna have already happened and I also don't think that cases like this will happen again to other exchanges because the risks are big and exchanges will never be safe and comfortable living in this world again. Likewise with Luna's party who in the end became very dying. Every shock comes with a cause and effect because it doesn't come by itself to the market, but as for the price of Bitcoin itself I also believe it will be in the $20K range as long as there is no more decline from now on.

[STT]

Sideways drift till we break range and then prove the break is solid support by trading above that prior range.  So for all those conditions to get proven in December is not that likely, its a process that takes time like healing broken bones its best not to have impatience for the best heal to occur long term.
  We're above weekly average, below monthly at 17.5k aprox. and also 50 day average is in decline, these flags all need to fly the same way for a take off condition otherwise we are somewhat turbulent which is understandable.   Very short term I see we are somewhat positive but I would estimate greater momentum must come into play hence I do think more then just this month for full process.

[Lubang Bawah]

Today the price can return to $ 17k and make me optimistic that the December will touch again $ 20k, maybe we will see a surprise price that can drop again even lower than the previous position, there is a good thing when the price of dropping is we have to buy more Many, don't give up and panic because everything will improve soon.

[Paul Pogba]

I hope in December is that the price will skyrocket soon and be able to return to the $20k level, if the price is still below $20k, I think 2023 will be even more difficult, especially since the current challenge is the global recession which can make investment performance decline and have an impact on bitcoin. and hopefully today's positive trend can continue so that the market recovers soon.

[RealMalatesta]

I hope in December is that the price will skyrocket soon and be able to return to the $20k level, if the price is still below $20k, I think 2023 will be even more difficult, especially since the current challenge is the global recession which can make investment performance decline and have an impact on bitcoin. and hopefully today's positive trend can continue so that the market recovers soon.

Shouldn't you be resting and trying to get healed before the world cup ends so that you can play for Juventus for the rest of the season? Lol, just kidding. I do agree that December price should be increasing the price very soon, it would be a lot better in the long run and for now it will have a small start.

I am not sure if it will be 20k or 19k or 18k or 22k, no idea where it will go, but I do believe that it won't be down, and it will be up, will it be %5 or 10% or 20%, none of that is known for now but the direction. That is my guess though, I agree with you but we could also be wrong and it could be 14k and drop so we really can't say what will happen for sure.

[Vinaa77]

I wouldn't say that there will be bullish again this December, because from the overall sentiments, we are still very much on the bullish state. But there could be some spike in the price this December. Maybe at least getting to the former lowest low of $17,500 will be a good target at least for me.

Yes, we did hit $17k earlier or in the last 24 hours, but now the price is slowly going down again to $16,800-$16,900.

So it means there are traders who maybe bought with the price hits $15k and trying to make some money at this price.

Of course there have been price drops after increases in the last 24 hours. This is part of the marketing strategy. But I'm sure this decline will soon be replaced by a green chart. I see a large number of stable coins on a red chart, this indicates that buy orders are on Bitcoin or on non-stable cryptos.
But that 1% chart change is a huge number for those trading in Bitcoin. Of course we need to take steps to anticipate losses in the event of a drop in a short time.

[Newlifebtc]

The price of Bitcoin does not have any specific time for each to increase or for it 2degrees so it is depend on the market structure that will determine if the increment of Bitcoin will arise within the space of a given time or not so they are so many people think that bitcon increment is determine by the numbers of year

[Crypto Legend]

It has been a week in December and it seems that there will be no big movement that occurs, maybe the maximum price range is $ 18K and the lowest $ 16K, but this is good for daily trading because it can get a profit of 3% per day or more. So always think positively.

[kotajikikox]

Staying at 16k , though crossing small up to 17k ?

https://coinmarketcap.com/currencies/bitcoin/


This may sound good but this will stay this way all December , I also wanted to believe that in 2023 there are more bearish to come and the start of true recovery is in 2024.
in the mean while? we will expect this bad as what we can get.

Possibly. I mean there's not much to expect in 2023 for Bitcoin especially that we continue to hear news with stuff like what happened with FTX and with the global economic burden that doesn't seem to have a working solution just yet.
People speculates either Bitcoin will bottom somewhere close at $10k or could be better than recent price and could play along the region of $20k-$30k. Not expecting another huge run next year, but 2024 could be more likely.

Hopes are always there of course but we also knew that market does not show good potential in moving up high any time soon though there are a enough increase at least since yesterday.

https://coinmarketcap.com/

the market is greening and with small act? then that is good show of growth for at least before the year ending.