Bitcoin Is Approaching $17000

[Minecache]

For the end of this year we may not be served by a significant increase but buying demand is slightly stronger but not too strong. However, market movements that occur can trigger a good reaction in the current situation. slowly but surely maybe that's the term that describes the closing price of btc at the end of this year. some of the negative news that happened in the crypto industry this year was quite a big impact on the market situation so we must need patience to see a significant increase.

A significant increase, especially in Bitcoin, has not happened this month, but I see that in the market the price of Bitcoin is slowly starting to approach $ 18K, although it has not yet reached $ 18K. This can also be a sign that buying demand has started to look a little strong at the end of this year so that price changes in waves are still very common for Bitcoin.

At the time I am writing this post, BTC is trading at $17200 and we will probably jump $17500 before this week. the bullshit moment that's happening is the buying that's happening right now, we expect the big whales to be able to make some big purchases to push for a bullish finish to the end of the year.

Now the Bitcoin price is at $17800 and it is very close to $18K as I said just now. If in a few days there are large investors who want to enter the market to buy Bitcoin, I think the price increase in Bitcoin will be pushed. Especially if this can be accompanied by positive news for the crypto industry at the end of this year.

Bitcoin hit $18k yesterday, but I don't think this increase is due to increased buyer demand but simply the positive impact of the announced CPI and the possibility that the Fed will also lower interest rates. This news is the main cause of the price increase this time.
Not only cryptocurrencies, yesterday all financial markets such as forex, and stocks also increased after the CPI was announced. Usually, at the end of the year, people will focus on shopping and spending more than investing, so it is more likely that bitcoin will be sold more than bought.

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[uneng]

Bitcoin hit $18k yesterday, but I don't think this increase is due to increased buyer demand but simply the positive impact of the announced CPI and the possibility that the Fed will also lower interest rates. This news is the main cause of the price increase this time.
Not only cryptocurrencies, yesterday all financial markets such as forex, and stocks also increased after the CPI was announced. Usually, at the end of the year, people will focus on shopping and spending more than investing, so it is more likely that bitcoin will be sold more than bought.

If interest rates are decreased by regulators, bitcoin will gain more value, without any doubts. The bearish market started when interest rates were increased, so it makes sense bitcoin leaves the currently season and enters a bullish one, once the opposite happens.

Besides that, the only problem are the so many scams involving huge money stolen from investors. It will still take a decent length of time until investors recover their trust in crypto market and its companies.

[Sayeds56]

For the end of this year we may not be served by a significant increase but buying demand is slightly stronger but not too strong. However, market movements that occur can trigger a good reaction in the current situation. slowly but surely maybe that's the term that describes the closing price of btc at the end of this year. some of the negative news that happened in the crypto industry this year was quite a big impact on the market situation so we must need patience to see a significant increase.

A significant increase, especially in Bitcoin, has not happened this month, but I see that in the market the price of Bitcoin is slowly starting to approach $ 18K, although it has not yet reached $ 18K. This can also be a sign that buying demand has started to look a little strong at the end of this year so that price changes in waves are still very common for Bitcoin.

At the time I am writing this post, BTC is trading at $17200 and we will probably jump $17500 before this week. the bullshit moment that's happening is the buying that's happening right now, we expect the big whales to be able to make some big purchases to push for a bullish finish to the end of the year.

Now the Bitcoin price is at $17800 and it is very close to $18K as I said just now. If in a few days there are large investors who want to enter the market to buy Bitcoin, I think the price increase in Bitcoin will be pushed. Especially if this can be accompanied by positive news for the crypto industry at the end of this year.

Bitcoin hit $18k yesterday, but I don't think this increase is due to increased buyer demand but simply the positive impact of the announced CPI and the possibility that the Fed will also lower interest rates. This news is the main cause of the price increase this time.
Not only cryptocurrencies, yesterday all financial markets such as forex, and stocks also increased after the CPI was announced. Usually, at the end of the year, people will focus on shopping and spending more than investing, so it is more likely that bitcoin will be sold more than bought.

Yes! It is impact of declining trend in CPI which I hope will continue in coming months, as well because crude oil prices are also falling which is a major component of CPI calculation. 50 basis point increase in Interest rate announced yesterday was in line with market expectation, which market had already discounted, that's why we didn't see any jump in Bitcoin price. I think we won't see much volatility in the market till the end of year and Bitcoin price is likely to stabilize around 18K.

[Kadal Ijo]

The latest price is currently around $17750, up more than 6% compared to last week, seems traumatized because FTX has slowly disappeared so I believe the price will continue to rise and in December I am optimistic it can touch $19k or maybe more. the most important thing when the price is rising is that there are no bad factors like FTX that make the market shake.

[slaman29]

I think if FED just sticks to their forecast rate of half point + admits that inflation is going down because of them, we can see a push towards 18500 and 19000.

Long fights ahead but we're all up for it

Yeah, I have speculated that the Fed are going to cut or at least their last forecast is going to fell way below. And that is what we all have been waiting for, that's why the numbers or the price of bitcoin suddenly jumps and we are inching closing to $18k. Hopefully we will make it before the end of the year, before the FTX we forecast that the price will be at least $20,000.

But since the collapse last month, it's been very hard for us. Yeah, I do agree that it will be a long fight ahead of us. But we should remain calm and just keep on accumulating in this bear market.

So okay, they stuck to the forecast, which the market expected, but I think the problem after that was that they didn't want to say that inflation was going down even though it's pretty clear! Gas/oil prices all coming down, and most of the inflation was due to housing problems, and now we have to wait again for another CPI and Fed rate I guess.

Long long fight as we all expected

[Chato1977]

The latest price is currently around $17750, up more than 6% compared to last week, seems traumatized because FTX has slowly disappeared so I believe the price will continue to rise and in December I am optimistic it can touch $19k or maybe more. the most important thing when the price is rising is that there are no bad factors like FTX that make the market shake.

enough and fair  mate , reaching 19k ? that would be giving me at least 17% in total profit as I bought another chunk last month?
now I am starting to seek for another buy today 
but whatever the outcome of this year? I believe that I have enough to look at.

[Minecache]

Yes! It is impact of declining trend in CPI which I hope will continue in coming months, as well because crude oil prices are also falling which is a major component of CPI calculation. 50 basis point increase in Interest rate announced yesterday was in line with market expectation, which market had already discounted, that's why we didn't see any jump in Bitcoin price. I think we won't see much volatility in the market till the end of year and Bitcoin price is likely to stabilize around 18K.

Crude oil prices fell this time not due to stable supply but due to fears of a prolonged recession, not a positive sign like CPI and it is not included in the calculation of CPI this time.
If bitcoin can stabilize around $18k, it's a success, after all, that's happened in the market, we can't expect bitcoin to recover quickly just because interest rates drop a bit. As @Muneng said, the market needs time to recover from the terrible crash caused by FTX.

[jaberwock]

Now the Bitcoin price is at $17800 and it is very close to $18K as I said just now. If in a few days there are large investors who want to enter the market to buy Bitcoin, I think the price increase in Bitcoin will be pushed. Especially if this can be accompanied by positive news for the crypto industry at the end of this year.

We were stuck at $16k last month but we are now at $17k going back and forth around $18k. This was still a great move done by BTC. Let's hope this can continue before we throw our calendars away.

I don't know the exact reason on why can a large investor is entering now? We also don't hear any positive news at the moment. Ah I know, maybe they already got their Christmas Bonuses? and they think that bitcoin will be a good Christmas present for themselves. I am no way of complaining but I actually liked it and I want to thank them as they can serve as an inspiration to the retail investors to not be scared despite of what happened in the crypto world last time.

[btc_angela]

Now the Bitcoin price is at $17800 and it is very close to $18K as I said just now. If in a few days there are large investors who want to enter the market to buy Bitcoin, I think the price increase in Bitcoin will be pushed. Especially if this can be accompanied by positive news for the crypto industry at the end of this year.

We were stuck at $16k last month but we are now at $17k going back and forth around $18k. This was still a great move done by BTC. Let's hope this can continue before we throw our calendars away.

I don't know the exact reason on why can a large investor is entering now? We also don't hear any positive news at the moment. Ah I know, maybe they already got their Christmas Bonuses? and they think that bitcoin will be a good Christmas present for themselves. I am no way of complaining but I actually liked it and I want to thank them as they can serve as an inspiration to the retail investors to not be scared despite of what happened in the crypto world last time.

It's because of the CPI report, the Fed says that inflation rate is slowing down, and then we have SBF being arrested in Bahamas. And this news somewhat bring the price to $18k and above. But it seems that the price is not sustainable, as the price is going down right now, as quick as we touch $18k. I guess that's how volatile the market is. On the contrary I'm will be happy if we will see the price just above $17k at the end of the year. We can't ask for more this first year of bear market as the price really tumbled down to lowest low of $15,500 just a month ago.

[koang]

It's because of the CPI report, the Fed says that inflation rate is slowing down, and then we have SBF being arrested in Bahamas. And this news somewhat bring the price to $18k and above. But it seems that the price is not sustainable, as the price is going down right now, as quick as we touch $18k. I guess that's how volatile the market is. On the contrary I'm will be happy if we will see the price just above $17k at the end of the year. We can't ask for more this first year of bear market as the price really tumbled down to lowest low of $15,500 just a month ago.

Yep. At least five years ago it was a top cycle, and now it's a bottom cycle.
The sentiment at this price level is completely the opposite of that time.

When we talk about price, it's about where we are in our understanding of potential too.
And Bitcoin stands out even more in all the current madness.

[Franctoshi]

It's because of the CPI report, the Fed says that inflation rate is slowing down, and then we have SBF being arrested in Bahamas. And this news somewhat bring the price to $18k and above. But it seems that the price is not sustainable, as the price is going down right now, as quick as we touch $18k. I guess that's how volatile the market is. On the contrary I'm will be happy if we will see the price just above $17k at the end of the year. We can't ask for more this first year of bear market as the price really tumbled down to lowest low of $15,500 just a month ago.

Those news should have sustained the price at $18k or even higher , But looks like some investors are still in fear of uncertainty and too as we're approaching towards the end of the year some investors/traders would like to take advantage of the SBF news ,CPI report and Fed inflation report which push the price up a bit to take profit and probably stay sidelines until we're officially in 2023.

[19Nov16]

It's been more than 2 weeks the price is in the $17k range, if it goes up or down it won't be far from $17k, no big surprises yet making investors just waiting for the time to buy or sell, I'm sure the trend this year won't be far from $17k, but if we want big profits then I suggest to buy immediately before the price skyrocketed again.

[Chato1977]

It's been more than 2 weeks the price is in the $17k range, if it goes up or down it won't be far from $17k, no big surprises yet making investors just waiting for the time to buy or sell, I'm sure the trend this year won't be far from $17k, but if we want big profits then I suggest to buy immediately before the price skyrocketed again.

well wrong . bitcoin driops to 16k mate and it is more than 3 days now , meaning this is the level we will consider till the end of the year.

what i want to attain is the price of bitcoin at least 20k this December , do you thin guys it is still possible to take?

[ilovealtcoins]

It's been more than 2 weeks the price is in the $17k range, if it goes up or down it won't be far from $17k, no big surprises yet making investors just waiting for the time to buy or sell, I'm sure the trend this year won't be far from $17k, but if we want big profits then I suggest to buy immediately before the price skyrocketed again.

well wrong . bitcoin driops to 16k mate and it is more than 3 days now , meaning this is the level we will consider till the end of the year.

what i want to attain is the price of bitcoin at least 20k this December , do you thin guys it is still possible to take?

No chance for bitcoin to recover at year end, my prediction bitcoin will not be able to cross $19k by year end. We are getting too many Fuds from Binance and the death of FTX is spreading. A lot of altcoins are being dumped in the market and it is said that DCG is selling them to save themselves. What if DCG goes bankrupt?, would be a bigger disaster.

[Chato1977]

It's been more than 2 weeks the price is in the $17k range, if it goes up or down it won't be far from $17k, no big surprises yet making investors just waiting for the time to buy or sell, I'm sure the trend this year won't be far from $17k, but if we want big profits then I suggest to buy immediately before the price skyrocketed again.

well wrong . bitcoin driops to 16k mate and it is more than 3 days now , meaning this is the level we will consider till the end of the year.

what i want to attain is the price of bitcoin at least 20k this December , do you thin guys it is still possible to take?

No chance for bitcoin to recover at year end, my prediction bitcoin will not be able to cross $19k by year end. We are getting too many Fuds from Binance and the death of FTX is spreading. A lot of altcoins are being dumped in the market and it is said that DCG is selling them to save themselves. What if DCG goes bankrupt?, would be a bigger disaster.

Lol , Saying NO CHANCE means have you foreseen the future? how come? because even Experts cannot tell what would happen , there is a  opportunity to maintain that but there is also a chance to break out.

remember that this market is full of surprises and full of mystery , the more you eager sometimes is the more you lose.

[ilovealtcoins]

It's been more than 2 weeks the price is in the $17k range, if it goes up or down it won't be far from $17k, no big surprises yet making investors just waiting for the time to buy or sell, I'm sure the trend this year won't be far from $17k, but if we want big profits then I suggest to buy immediately before the price skyrocketed again.

well wrong . bitcoin driops to 16k mate and it is more than 3 days now , meaning this is the level we will consider till the end of the year.

what i want to attain is the price of bitcoin at least 20k this December , do you thin guys it is still possible to take?

No chance for bitcoin to recover at year end, my prediction bitcoin will not be able to cross $19k by year end. We are getting too many Fuds from Binance and the death of FTX is spreading. A lot of altcoins are being dumped in the market and it is said that DCG is selling them to save themselves. What if DCG goes bankrupt?, would be a bigger disaster.

Lol , Saying NO CHANCE means have you foreseen the future? how come? because even Experts cannot tell what would happen , there is a  opportunity to maintain that but there is also a chance to break out.

remember that this market is full of surprises and full of mystery , the more you eager sometimes is the more you lose.

I know that the market is unpredictable, there are always surprises. There's no chance and that's my guess, not a confirmation. Looking at the current situation as well as the Fuds being spread, I don't want to expect too much and I believe those bad things will cause the market to decline at the end of the year instead of recovering.

[Chato1977]

It's been more than 2 weeks the price is in the $17k range, if it goes up or down it won't be far from $17k, no big surprises yet making investors just waiting for the time to buy or sell, I'm sure the trend this year won't be far from $17k, but if we want big profits then I suggest to buy immediately before the price skyrocketed again.

well wrong . bitcoin driops to 16k mate and it is more than 3 days now , meaning this is the level we will consider till the end of the year.

what i want to attain is the price of bitcoin at least 20k this December , do you thin guys it is still possible to take?

No chance for bitcoin to recover at year end, my prediction bitcoin will not be able to cross $19k by year end. We are getting too many Fuds from Binance and the death of FTX is spreading. A lot of altcoins are being dumped in the market and it is said that DCG is selling them to save themselves. What if DCG goes bankrupt?, would be a bigger disaster.

Lol , Saying NO CHANCE means have you foreseen the future? how come? because even Experts cannot tell what would happen , there is a  opportunity to maintain that but there is also a chance to break out.

remember that this market is full of surprises and full of mystery , the more you eager sometimes is the more you lose.

I know that the market is unpredictable, there are always surprises. There's no chance and that's my guess, not a confirmation. Looking at the current situation as well as the Fuds being spread, I don't want to expect too much and I believe those bad things will cause the market to decline at the end of the year instead of recovering.

Valid reason ,  we are all here to guess and predict  but we still have more than 1 week to make that happen ,
do don't lose hope mate as our future might change any time  this week or the next , as I also seeking for growth planning to take some part of my holdings for this season .

[Semar Mesem]

It's been more than 2 weeks the price is in the $17k range, if it goes up or down it won't be far from $17k, no big surprises yet making investors just waiting for the time to buy or sell, I'm sure the trend this year won't be far from $17k, but if we want big profits then I suggest to buy immediately before the price skyrocketed again.

well wrong . bitcoin driops to 16k mate and it is more than 3 days now , meaning this is the level we will consider till the end of the year.

what i want to attain is the price of bitcoin at least 20k this December , do you thin guys it is still possible to take?

No chance for bitcoin to recover at year end, my prediction bitcoin will not be able to cross $19k by year end. We are getting too many Fuds from Binance and the death of FTX is spreading. A lot of altcoins are being dumped in the market and it is said that DCG is selling them to save themselves. What if DCG goes bankrupt?, would be a bigger disaster.

Lol , Saying NO CHANCE means have you foreseen the future? how come? because even Experts cannot tell what would happen , there is a  opportunity to maintain that but there is also a chance to break out.

remember that this market is full of surprises and full of mystery , the more you eager sometimes is the more you lose.

I know that the market is unpredictable, there are always surprises. There's no chance and that's my guess, not a confirmation. Looking at the current situation as well as the Fuds being spread, I don't want to expect too much and I believe those bad things will cause the market to decline at the end of the year instead of recovering.

True, it seems that there will be no surprises this year, the price will be under $ 20k, the large number of FUDs on social media makes many people worry, even I believe that these FUDs are financed by haters so they are massive and very sharp, even most of the FUDs are in the form of articles and videos always tell about fraud and scam projects.

[Shaha98]

Bitcoin is currently at a point where it is not improving.  However, Bitcoin is expected to increase on Christmas Day.  But Bitcoin 20k dollar is more likely as Christmas day is almost approaching this December.  Right now Bitcoin is aiming to boom and everyone will invest and hold Bitcoin.  Because from 69k Bitcoin is currently at 16.7k dollars.  This is the best time to hold.

[dezoel]

17k is not that bad, it's near there and it should stay there for a while to make it a strong support point. We have failed to keep the prices up before because we never built a strong support line, if we could have a strong support line where even a bad news can't drop further down then it could have made sense but we haven't done that.

17k is good, it already has a natural "we have come down a lot already" support, but if we build on top of that more and more then it could give the investors an understanding that it would be much harder to make it go down than make it go up. That's how we should be profiting and making money, otherwise it would be very tough.