len01
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December 20, 2022, 11:06:39 AM |
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speculating the price of bitcoin by considering past prices is very difficult and uncertain. The price of bitcoin in the past in December is just an example that bitcoin is really volatile and very difficult to predict. in fact it's december right now and it's already getting to the middle of the month and bitcoin still isn't doing as well as you say. there is no need to speculate on the price of bitcoin in market times like this and every month in the past will not be the same as the month of the year. all we have to know is january to december are good months for bitcoin when we buy and hold it till ATH price
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_BlackStar
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December 20, 2022, 12:32:51 PM |
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speculating the price of bitcoin by considering past prices is very difficult and uncertain. The price of bitcoin in the past in December is just an example that bitcoin is really volatile and very difficult to predict. in fact it's december right now and it's already getting to the middle of the month and bitcoin still isn't doing as well as you say. there is no need to speculate on the price of bitcoin in market times like this and every month in the past will not be the same as the month of the year. all we have to know is january to december are good months for bitcoin when we buy and hold it till ATH price If the OP has data on what he's talking about then maybe the discussion will be very interesting. I don't know, but December this time is not very good for the crypto industry, obviously it is because of the FTX and FUD problems that are everywhere. If December has always been better than any other month, then bitcoin should be trading over $30K by now before the end of the month. But so far I haven't had the market recover above $20K, so I don't think this December will be any better than June, July or August.
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justdimin
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December 20, 2022, 07:45:30 PM |
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If the OP has data on what he's talking about then maybe the discussion will be very interesting. I don't know, but December this time is not very good for the crypto industry, obviously it is because of the FTX and FUD problems that are everywhere.
If December has always been better than any other month, then bitcoin should be trading over $30K by now before the end of the month. But so far I haven't had the market recover above $20K, so I don't think this December will be any better than June, July or August.
Not every year is the same, and people forget that and OP made that mistake as well. I mean normally in 2017 we have seen it go up so much right? So does that mean it will always be good in December? Well no, because in 2018 we have seen it not do so well and go down, but in 2019 it was stable give or take, but in 2020 it went up right? However in 2021 it was lowering. So, as you can see it is not always the same and sometimes it goes up and sometimes it goes down. This year it looks to be quite stable, sure there were some drops but nothing big, just tiny enough to not even mention, and I am not seeing any increases neither so it will stay like this if you ask me.
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milewilda
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December 20, 2022, 08:14:47 PM |
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If the OP has data on what he's talking about then maybe the discussion will be very interesting. I don't know, but December this time is not very good for the crypto industry, obviously it is because of the FTX and FUD problems that are everywhere.
If December has always been better than any other month, then bitcoin should be trading over $30K by now before the end of the month. But so far I haven't had the market recover above $20K, so I don't think this December will be any better than June, July or August.
Not every year is the same, and people forget that and OP made that mistake as well. I mean normally in 2017 we have seen it go up so much right? So does that mean it will always be good in December? Well no, because in 2018 we have seen it not do so well and go down, but in 2019 it was stable give or take, but in 2020 it went up right? However in 2021 it was lowering. So, as you can see it is not always the same and sometimes it goes up and sometimes it goes down. This year it looks to be quite stable, sure there were some drops but nothing big, just tiny enough to not even mention, and I am not seeing any increases neither so it will stay like this if you ask me. People shouldnt forget that on which you shouldnt really make each year to be that the same which not all month of December would really be that totally good.This is why people do really make out those kind of being annoyed or frustrated because they are really expecting something positive neither on Bitcoin or altcoins when month of Dec do approaches which is something not that recommendable. We've seen the worst months or years which we should really be getting used to it because this is how this market works and how it do behaves which isnt something new. Expect the unexpected because those things we do have in mind doesnt always ends up for it to happen.
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AmoreJaz
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December 20, 2022, 11:21:29 PM |
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If the OP has data on what he's talking about then maybe the discussion will be very interesting. I don't know, but December this time is not very good for the crypto industry, obviously it is because of the FTX and FUD problems that are everywhere.
If December has always been better than any other month, then bitcoin should be trading over $30K by now before the end of the month. But so far I haven't had the market recover above $20K, so I don't think this December will be any better than June, July or August.
Not every year is the same, and people forget that and OP made that mistake as well. I mean normally in 2017 we have seen it go up so much right? So does that mean it will always be good in December? Well no, because in 2018 we have seen it not do so well and go down, but in 2019 it was stable give or take, but in 2020 it went up right? However in 2021 it was lowering. So, as you can see it is not always the same and sometimes it goes up and sometimes it goes down. This year it looks to be quite stable, sure there were some drops but nothing big, just tiny enough to not even mention, and I am not seeing any increases neither so it will stay like this if you ask me. every year has their own unique trend as the contributing factors are also changing. so we can't expect the same trend every year. we are just relying on what's gonna be out of the newsstand. and how they will affect the market performance of the cryptocurrencies. this year, we are still hoping to change the path of btc trend. but reality check, we are only 10 days to end this year. though it is possible to see an uptick trend but don't make high expectations.
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Mahanton
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December 20, 2022, 11:52:00 PM |
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If the OP has data on what he's talking about then maybe the discussion will be very interesting. I don't know, but December this time is not very good for the crypto industry, obviously it is because of the FTX and FUD problems that are everywhere.
If December has always been better than any other month, then bitcoin should be trading over $30K by now before the end of the month. But so far I haven't had the market recover above $20K, so I don't think this December will be any better than June, July or August.
Not every year is the same, and people forget that and OP made that mistake as well. I mean normally in 2017 we have seen it go up so much right? So does that mean it will always be good in December? Well no, because in 2018 we have seen it not do so well and go down, but in 2019 it was stable give or take, but in 2020 it went up right? However in 2021 it was lowering. So, as you can see it is not always the same and sometimes it goes up and sometimes it goes down. This year it looks to be quite stable, sure there were some drops but nothing big, just tiny enough to not even mention, and I am not seeing any increases neither so it will stay like this if you ask me. every year has their own unique trend as the contributing factors are also changing. so we can't expect the same trend every year. we are just relying on what's gonna be out of the newsstand. and how they will affect the market performance of the cryptocurrencies. this year, we are still hoping to change the path of btc trend. but reality check, we are only 10 days to end this year. though it is possible to see an uptick trend but don't make high expectations. 10 days wouldnt really assure that there would be no huge movements or tick in price whether it would be green or red.No one really knows and this is how this market is too unpredictable. There's no way that you could really be able to determine on how the year would be ending up whether it would be on bullish or bearish even more. We dont know if there would be some last minute situations or events which might really that changed up the overall market vibe of this market which is something that not that surprising on this place on. December could neither be good or bad basing up on some sentiments but dont expect or anticipate that much.
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Vaskiy
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December 20, 2022, 11:56:38 PM |
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speculating the price of bitcoin by considering past prices is very difficult and uncertain. The price of bitcoin in the past in December is just an example that bitcoin is really volatile and very difficult to predict. in fact it's december right now and it's already getting to the middle of the month and bitcoin still isn't doing as well as you say. there is no need to speculate on the price of bitcoin in market times like this and every month in the past will not be the same as the month of the year. all we have to know is january to december are good months for bitcoin when we buy and hold it till ATH price If the OP has data on what he's talking about then maybe the discussion will be very interesting. I don't know, but December this time is not very good for the crypto industry, obviously it is because of the FTX and FUD problems that are everywhere. If December has always been better than any other month, then bitcoin should be trading over $30K by now before the end of the month. But so far I haven't had the market recover above $20K, so I don't think this December will be any better than June, July or August. Agreed, the market isn't better than its previous months. It is known that the bitcoin price movement happens in no time. We've reached the last days of the year 2022. Even then price can reach $30k. However based on the prevailing market scenario it is really hard thing to happen. The year is good for all the cryptocurrency investors because it gave opportunity to invest as well as make profit out of the investment.
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franky1
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December 22, 2022, 08:12:56 PM |
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as said previously.. a pattern even if proven is only as good as the time it takes for too many people to realise the pattern and then trades against the pattern for profit to break the pattern
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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OcTradism
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December 23, 2022, 01:43:17 AM |
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Agreed, the market isn't better than its previous months. It is known that the bitcoin price movement happens in no time. We've reached the last days of the year 2022. Even then price can reach $30k. However based on the prevailing market scenario it is really hard thing to happen. The year is good for all the cryptocurrency investors because it gave opportunity to invest as well as make profit out of the investment.
History does not always repeat itself and December is not a good month for Bitcoin and cryptocurrency in history. Will it be different this year? It can be different but to be frank, I don't think it will be different. However, it is not big problem because if you hold your assets long enough, you will have better portfolio year-by-year or if year-by-year is not better, it would be better for 4-year by 4-year holding. I am sure that your portfolio can increase or decrease in value year-by-year but if you consider Bitcoin with its Lowest price for each year, the trend is up.
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suzanne5223
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December 23, 2022, 01:56:09 AM |
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I know I am not pro or old here but I know little bit. I was saying that Bitcoin is just had always proven good start in December month and in first Quarter of New year and If history repeats than this will also be like God start of crypto Rally and I hope in this timeframe btc might go Upto 36k dollars before May crash. We know that we cannot speculate Bitcoin price But I can say that as history repeats we can get chance and also a better judgement and it can be very risky. That's Why Do your own research before putting money.
There's something we called 4years cycle in the cryptocurrency market and it's what determines if December month and the first quarter of the new year will be the start of the Bitcoin market rally. Unfortunately, there won't be any market rally this year in December and the first quarter of next year until the 4-year cycle is complete which your calculation and the price trend you said about the month you mention are not correct.
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Marvell1
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December 23, 2022, 02:11:32 AM |
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I know I am not pro or old here but I know little bit. I was saying that Bitcoin is just had always proven good start in December month and in first Quarter of New year and If history repeats than this will also be like God start of crypto Rally and I hope in this timeframe btc might go Upto 36k dollars before May crash. We know that we cannot speculate Bitcoin price But I can say that as history repeats we can get chance and also a better judgement and it can be very risky. That's Why Do your own research before putting money.
Relying on last year's chart or previous years' history to make predictions for bitcoin is not enough. Last December, we were in the bull season, so the bitcoin price increase was obvious. But this year, we are in bear season, and the economic crisis is a huge problem, so predicting the same months is entirely inaccurate. OP, you need to give your analysis instead of just a vague prediction, the market doesn't move in such an easily predictable way.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Derrickiell
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December 24, 2022, 07:36:27 AM |
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I know I am not pro or old here but I know little bit. I was saying that Bitcoin is just had always proven good start in December month and in first Quarter of New year and If history repeats than this will also be like God start of crypto Rally and I hope in this timeframe btc might go Upto 36k dollars before May crash. We know that we cannot speculate Bitcoin price But I can say that as history repeats we can get chance and also a better judgement and it can be very risky. That's Why Do your own research before putting money.
December is not always a good month for cryptocurrencies, even if last year was favorable. Markets are unpredictable and should not be predicted based on past behavior. Recovery can always be seen, although not in December, believe that the bull market will come.
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Cryptmuster
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December 24, 2022, 08:42:23 AM |
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Relying on last year's chart or previous years' history to make predictions for bitcoin is not enough. Last December, we were in the bull season, so the bitcoin price increase was obvious. But this year, we are in bear season, and the economic crisis is a huge problem, so predicting the same months is entirely inaccurate. OP, you need to give your analysis instead of just a vague prediction, the market doesn't move in such an easily predictable way.
You can try to find some patterns with past years, but for this statistic to work, you need a lot of data, bitcoin is a relatively young asset, and I don’t know how good this idea is. I looked at the table where the statistics were given for months, but it didn’t give me anything, I didn’t find any regularity in this, each time it can be a different value. It is necessary to proceed from the situation on the market, this will be the highest quality analysis.
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