Bitcoin December price

[RealMalatesta]

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.

The point is that the increase from 16k to 17k is the amount of money that you will see before it goes to 20k, you can't go from 16k to 20k without hitting 17k in the middle. Right now, people are wondering if that's the case, or was this the only increase we will get. Maybe it went from 16k to 17k and then will move to 20k, or maybe it went from 16k to 17k and then stays here.

We do not know which one is the case, but there are some group of people like me who thinks that the price will continue to go up. I think it will definitely go up, and that means we are going to see plenty of increases and we are not too late to get in just now, we can still jump in at this price.

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[Falconer]

The point is that the increase from 16k to 17k is the amount of money that you will see before it goes to 20k, you can't go from 16k to 20k without hitting 17k in the middle. Right now, people are wondering if that's the case, or was this the only increase we will get. Maybe it went from 16k to 17k and then will move to 20k, or maybe it went from 16k to 17k and then stays here.

We do not know which one is the case, but there are some group of people like me who thinks that the price will continue to go up. I think it will definitely go up, and that means we are going to see plenty of increases and we are not too late to get in just now, we can still jump in at this price.

The market will recover over time, but I don't expect much recovery around December 2022. Moreover, the negative sentiment in the market due to FTX has not been completely forgotten so that investors are worried that lower prices will make the market recovery slower. I expect a better recovery in mid-2023, and now I think we will still be bearish even if the market looks positive today.

[jaberwock]

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 .

Me either but that made sense because if we sell now, we will only get a loss not profit. Aside from holding, we do also buy if we have an extra funds. For bitcoin, it's okay to expect big because we already saw in the past if what it can do. We should only expect less on coins who are still new or not in the level of btc because there is a chance that they will only disappoint us.

My prediction for btc in December is positive because right now, I can see that we are above $17k and once we stabilize there, it's possible that more recoveries are going to follow. We may see $30k in the mid of December which was great because it's been a long time since the last time we see it.

[milewilda]

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 .

Me either but that made sense because if we sell now, we will only get a loss not profit. Aside from holding, we do also buy if we have an extra funds. For bitcoin, it's okay to expect big because we already saw in the past if what it can do. We should only expect less on coins who are still new or not in the level of btc because there is a chance that they will only disappoint us.

My prediction for btc in December is positive because right now, I can see that we are above $17k and once we stabilize there, it's possible that more recoveries are going to follow. We may see $30k in the mid of December which was great because it's been a long time since the last time we see it.

Dont know on whats up into those mind where they do consider on selling out their coins in loss which is totally bullshit i would say.They do know that they would really be in loss but still continuing such act.
If we do look sensibly and with having that common sense which we could really see that prices could really make out recovery.We arent only talking about Bitcoin but also in other altcoins as well which
it is really totally insensible if you do make out some panic selling just because you are seeing the price does make a sharp drop.
Speaking about december prices then this is something that cant be predicted as always.We do have those thoughts of last month of each year increase price situations but it doesnt
always happen.

[bitterguy28]

The point is that the increase from 16k to 17k is the amount of money that you will see before it goes to 20k, you can't go from 16k to 20k without hitting 17k in the middle. Right now, people are wondering if that's the case, or was this the only increase we will get. Maybe it went from 16k to 17k and then will move to 20k, or maybe it went from 16k to 17k and then stays here.

We do not know which one is the case, but there are some group of people like me who thinks that the price will continue to go up. I think it will definitely go up, and that means we are going to see plenty of increases and we are not too late to get in just now, we can still jump in at this price.

The market will recover over time, but I don't expect much recovery around December 2022. Moreover, the negative sentiment in the market due to FTX has not been completely forgotten so that investors are worried that lower prices will make the market recovery slower. I expect a better recovery in mid-2023, and now I think we will still be bearish even if the market looks positive today.

obviously there are no best thing to come this year alone mate because we are just a month away before ending and there are not even one good news to expect and respect , but I still believe that there will be a small increase waiting for all believers , at least below or above 20k?
that would be a big happiness to those who plans withdrawing this Christmas and New year time.(of course one of thos is me lol)

[michellee]

At least, the increase in bitcoin to $17k this time can make me a little happy because the value of my assets can increase and even though this is still far from my target of wanting to sell bitcoin above $70k-$90k, I can still be patient to wait. This December might bring good changes for bitcoin so the price can go higher. At the very least, if all goes well, the bitcoin price should be able to return above $20k-$25k this month. Maybe that sounds too high but I can only hope.

[Oshosondy]

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.

Bitcoin increased to $17000 and decreased below it recently, it also happened two days ago, but before we entered into the new month, it increased slightly above $17000 which may be the support price now. If bitcoin is still less than $20000 this month but around $18000 or $19000 is still better, even a slight increase is what would give people confidence that will lead to bull run. Only what I am not expecting is the furtherance of bear market.

[pooya87]

and led to more crypto bear market, this further downtrend sink bitcoin below $16000 to $15400 in November, from $21000.

I disagree with calling what happened a "downtrend" or a "bear market". If you look at the charts this was a quick crash that took less than 48 hours. And from November 8-9 till today price is stable so there is no "down trend" going on just a sudden crash which unlike 2017 was a small crash (about 20%) since we used to see 30 to 40% crashes whenever such bad news came out.

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

There has been lots of positive news this whole year but the problem was the global economy that entered inflation + recession mode ever since February. That could not really be predicted which is why I don't see any logical way anybody could have predicted the 2022 bear market.
In fact if you look at the predictions of those times some people were expecting a bear market for WRONG reasons such as the cycle that had been already broken.

In any case I don't see any change in December either. We may go back above $20k but not a big change in the side ways market can be seen until the global economy reaches a stability or crashes hard enough to push people towards bitcoin.

[Chainsmokers]

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.

Bitcoin increased to $17000 and decreased below it recently, it also happened two days ago, but before we entered into the new month, it increased slightly above $17000 which may be the support price now. If bitcoin is still less than $20000 this month but around $18000 or $19000 is still better, even a slight increase is what would give people confidence that will lead to bull run. Only what I am not expecting is the furtherance of bear market.

december will be a bullish month for bitcoin because we have seen the price of bitcoin holding at $ 15k and making strong support.
And there is a possibility that bitcoin will try to breakout again from $ 20k at the end of this year, yes the negative sentiment has also slowly disappeared and good news is starting to come,
don't sell cheap, buy gradually at a price of $ 14k to $ 16k is the right way.

[cryptomaniac_xxx]

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.

Bitcoin increased to $17000 and decreased below it recently, it also happened two days ago, but before we entered into the new month, it increased slightly above $17000 which may be the support price now. If bitcoin is still less than $20000 this month but around $18000 or $19000 is still better, even a slight increase is what would give people confidence that will lead to bull run. Only what I am not expecting is the furtherance of bear market.

december will be a bullish month for bitcoin because we have seen the price of bitcoin holding at $ 15k and making strong support.
And there is a possibility that bitcoin will try to breakout again from $ 20k at the end of this year, yes the negative sentiment has also slowly disappeared and good news is starting to come,
don't sell cheap, buy gradually at a price of $ 14k to $ 16k is the right way.

Well if we are talking about strong support, it will be around $20k. And so we are very far from reaching it although the market somewhat bounce to $17k at the start of the month. So not bad and hopefully it will maintained this price level up to the end of the month.

I'm not looking for a big increased this December, although majority of us wanted to see the end of this year at a good price, not going to happen with still the effect of FTX still in the air. And with that, it doesn't make any sense to sell as you you have said, don't sell at cheap price, we just have to be patience and wait for a good timing to sell our precious bitcoin.

[Kadal Ijo]

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.

[stompix]

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.

September has been full of fun, bitcoin favour both bull and bear traders as its price never go below $18000 which was a strong support and yet still increased above $20000 many times. Who traded in both directions in patience and using good trading strategies all gained.
The best time to buy bitcoin is now.

This one didn't age well, let's see the November prediction harvest, maybe better wine!

Let’s think positive and so do expect Bitcoins for an upward movement.

Again with the positivity, like that would mean something.
We don't need positivity we need money, millions and billions to be thrown at the market, we need people to start purchasing a ton of bitcoins with real money and hold them, and might now as you can see in this trend there is no money flow happening because positivity alone is not a money printing machine.

Now, what sign do we have that those billions are going to enter the market this December? None!
Unless there is a major economic shift and we see a complete u-turn in all traditional markets from stocks to bonds to everything else there won't be anything more than another short-lived bounce.

[Oshosondy]

I disagree with calling what happened a "downtrend" or a "bear market". If you look at the charts this was a quick crash that took less than 48 hours. And from November 8-9 till today price is stable so there is no "down trend" going on just a sudden crash which unlike 2017 was a small crash (about 20%) since we used to see 30 to 40% crashes whenever such bad news came out.

I agree with you, the fall started on the 6th while it was significant on the 8th and 9th of November, it was even because it was triggered by FTX. After the price fall below $15600 on the 9th, no much decline until 21st when bitcoin falled below just $15500. But it is just that we are having monthly speculation and prediction and bitcoin fall from over $20000 to a price below $15500 in November which is what I was talking about, but in most days in November, there is no bear market, the market has been less volatile, I agree with you.

[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.

[gantez]

The month of November that end didn't show a sign of bull for December but the price is looking good for the month and now at above $16k and close to $17k. This can be a trap with this little up movement since the last week of November. Nobody can clearly say which direction for December price on btc.

[dimonstration]

The month of November that end didn't show a sign of bull for December but the price is looking good for the month and now at above $16k and close to $17k. This can be a trap with this little up movement since the last week of November. Nobody can clearly say which direction for December price on btc.

All I can see is a bull trap when the chart is viewed on monthly time frame. You are correct that the recent price pump after reaching 15.4K is due to the monthly close of candle. A wick on candle is normal during the closing of candle to fill the gaps on CME.

I would say that we might experience a temporary relief due to the effect of Christmas holidays to form a small green candle or upper price wick for the month of December. In general the chart is still not showing any bullish movement aside from low time frames that we all know it provides inconsistent trend due to crypto volatility.

I’m expecting that price will possibly hit 18K to 19K this December then straight down to 13K to 10K after this relief is over.

[gantez]

The month of November that end didn't show a sign of bull for December but the price is looking good for the month and now at above $16k and close to $17k. This can be a trap with this little up movement since the last week of November. Nobody can clearly say which direction for December price on btc.

All I can see is a bull trap when the chart is viewed on monthly time frame. You are correct that the recent price pump after reaching 15.4K is due to the monthly close of candle. A wick on candle is normal during the closing of candle to fill the gaps on CME.

I would say that we might experience a temporary relief due to the effect of Christmas holidays to form a small green candle or upper price wick for the month of December. In general the chart is still not showing any bullish movement aside from low time frames that we all know it provides inconsistent trend due to crypto volatility.

The whole of the body movement is not yet indicating bull. Low time like you say is not the best to see through the direction because they are temporary and can change before the day close but a long time is showing strong direction like the month of November ended which I think is trap as you agreed with me. The December rush can happen to be different this year to get price a little up just to pull in more investor who is looking for December fast profit.

[ginsan]

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 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.

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.

[Franctoshi]

Bitcoin have actually had a very nice Pull back from the $69K ATH till now, with the FTX scandal which caused the collapse last month November. What I do think for the price of Bitcoin this December is that we will continue to consolidate within $18k-$15k price range, Basically the algorithm of the market will be trying to reset for next year January where we either continue downwards movement or the market takes a reverse.

[Dave1]

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.