zeroknowledgeproofs (OP)
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December 23, 2022, 07:01:52 PM Last edit: June 10, 2023, 12:39:05 PM by zeroknowledgeproofs |
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Where do you guys think we will end the year? As we move into the final week of the year I expect things will get very interesting. Personally, I think many of these ultra bears are going to get caught off guard in regards to whats coming...
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TravelMug
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December 24, 2022, 03:32:43 AM |
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I think it's pretty obvious that we will be in the sideways movement for quite sometime, not just at the end of the year, but this will continue early quarter until there will be a break out run, or another black swan, but we don't know what's going to happen so we might as well stick with the current situation of trending sideways.
As for the perma bears, it is what it is mate, they are going to be bears not matter what, but they thrive when the market price declines and they seem to be getting out of their hibernation.
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Smack That Ace
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December 24, 2022, 04:13:21 AM |
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We are just over a week away from the end of a tumultuous year for all financial markets, and I am not surprised to see more than 50% predicting bitcoin to move sideways between 16k-18k for the last week of the year. But it will be interesting if the market has a surprise because I often find that the market always reacts against the crowd. When people think that 17k is the bottom of the bear season, bitcoin continues to find the bottom of 15.4k, and this time, it will repeat even though it is not known whether it is up or down.
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michellee
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December 24, 2022, 04:29:10 AM |
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The price of bitcoin will still be where it is now and not go anywhere. There may still be fluctuations but it's not likely to go down too much or up too much more. But if it is after the New Year, there is a possibility that the price will surprise us, whether it will be an increase or decrease. And right now, it's still at $16k and we'd better wait until the end of the year and see what happens. I didn't expect the price to drop further, even though it was an opportunity to buy more bitcoins.
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CageMabok
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December 24, 2022, 04:46:13 AM |
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If the question was about the price for later this year, I would answer in the range of $16K to $18K for later this year on Bitcoin. After all that has also happened in this month so that makes me confident in that price range although it is still very possible for a higher price than that. Just because considering that this year is only a few days away, so I chose on the basis of what Bitcoin has achieved this month, namely ($16K - $18K). ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FHM41XVL.jpg&t=665&c=-HhVO8x3QWR5lQ)
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adaseb
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December 24, 2022, 04:56:20 AM |
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Most likely it will be the exact same price as it is today. The markets are very illiquid during the holidays. One of the worst weeks to trade is the week between Christmas and New Years. Honestly surprised the markets aren’t closed then.
There won’t be any big moves unless there is some bad or very good news being released, which is unlikely. Most likely no volatility until January pretty much.
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hugeblack
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December 24, 2022, 08:30:57 AM |
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I think you should add a screenshot to tweet since you expect replies here.
In general, there is only one week left for the end of the year, and this week in many countries is a festive season when life stops and many go to family and relatives, and thus the appetite for risk decreases, which means that the price will witness a kind of relative stability.
Therefore, and based on the expected weak liquidity, it is difficult for us to break the psychological barriers at $17,000.
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blockman
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December 24, 2022, 11:41:56 AM |
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Just relax and don't think too much as this year will end. It's most likely that we'll just stick to $16kish or so until the last minute of this year. We haven't seen a huge pump just like last year so, consider it that we're already stagnant and not that much to think of price movement until this year ends.
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AverageGlabella
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December 24, 2022, 05:18:00 PM |
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Expecting any big movements this close to the end of the year is silly. It will prolly remain around this price and we will not see any big movement until next year. I think around mid next year we will be celebrating a full recovery to around $30,000 and then towards the end of the year and 2024 we will either already had a new all time high or we will be anticipating it and hovering around $45,000
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Gozie51
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December 24, 2022, 06:32:09 PM |
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For the last week of the year, I don't expect any kind of magic to happen because nothing spectacular is in the offing to happen anytime this year. So the price will pretty much hang in circles to the current price and playing between $17k to $20k even down to the first quarter of next year before a major change can be expected. I don't see any thing happening now, when I expected it last month to first week of this month because of the expected rush for the season but it didn't happen and to being 24th is almost rounding off the year.
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pawel7777
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December 24, 2022, 06:34:34 PM |
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Below $16,000 - 34.2% Sideways (16k-18k) - 52.9% $19,000-$20,000+ - 12.9%
Sideways is always a safe and most probable guess for a short-term prediction.
I don't think we'll see any serious rally if the global recession kicks in. Hope I'm wrong though.
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AverageGlabella
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December 24, 2022, 07:12:44 PM |
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Below $16,000 - 34.2% Sideways (16k-18k) - 52.9% $19,000-$20,000+ - 12.9%
Sideways is always a safe and most probable guess for a short-term prediction.
I don't think we'll see any serious rally if the global recession kicks in. Hope I'm wrong though.
We are all in a recession its not like we need the governments to officially declare a recession we all know we are as the cost of living and interest rates are rising which is a direct effect of a struggling economy so we are not going to have I think you are right though 16-18k is the most probable and anything else would be a major concern. We are going to need some positive news for us to get out of this range and I do not see that coming in the next few days.
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Ojima-ojo
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December 24, 2022, 07:28:43 PM |
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The bear market may persist for a while and may be there may be a further market downtrend, Bitcoin is hovering around $16k+ and this price may become Bitcoin 2022 benchmark.
There is no much days left before the end of 2022 and Bitcoin have been stable for the past three months and this may change since Bitcoin is a highly volatile asset.
With the rate of resistance, we may be forced to witness some price build up to around 19k in the first quarter of the next year.
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jostorres
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December 24, 2022, 09:14:04 PM |
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Just relax and don't think too much as this year will end. It's most likely that we'll just stick to $16kish or so until the last minute of this year. We haven't seen a huge pump just like last year so, consider it that we're already stagnant and not that much to think of price movement until this year ends.
I know it's hard but I think we can just accept the fact that BTC ain't going anywhere because we only have 1 week left. This time frame is too small imo for us to expect a miracle so I guess it's now safe to say that this year 2022 is mostly compose of a bearish market but lets hope that next year 2023 and onwards are going to be a good year for the cryptos. The only thing that we must be happy for this year is that we already filled our bags with different coins. Not just any random coins but of course, only the best because their values are also cheaper this year. For those who haven't done a shopping yet, they can still do a last minute of it. So hurry up peeps.
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Yatsan
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December 24, 2022, 10:32:47 PM |
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If the market price won't fall deeper, I'd be okay with that atleast. The market value would be really have a harder time to recover if perhaps its market price would cross the $10k mark. At this moment, there are still nothing such as factor which could boost the interest of people towards investing on this industry like positive news. As far as I know, the biggest expected leap on its price is being anticipated at 2024 which has something to do with the next Bitcoin halving. But it would be one long year for 2023, for sure it will be difficult for investors if there'll be no increase with its price for a whole year, except for those who can afford to endure such situation, which are more likely big investors of this industry.
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ilovealtcoins
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December 24, 2022, 10:55:36 PM |
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I also agree with the majority, bitcoin will be a sideway for the rest of the year. There is only 1 week left until the end of the year, and surely everyone is busy preparing for a peaceful new year, no one cares much about investment or the market anymore. So it is understandable that bitcoin these days is not very volatile.
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yhiaali3
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December 25, 2022, 09:46:05 AM |
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Personally, I voted for the first option (under 16k), although I am convinced that it will remain stable until the end of the year, but something surprising can happen until then.
The markets are mostly bearish, and the bear market will continue, perhaps the entire first quarter of next year. I do not see any positive indicators. All indicators are negative, either stability at the current price or a decline to the bottom.
In any case, we are now in the festive week until the end of the year, so do not expect anything new. You have to wait and watch.
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traderethereum
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December 25, 2022, 12:08:28 PM |
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In the meantime, I'm choosing Sideways and don't expect to see a deeper decline. But if my choice is wrong and the price decreases, I will also be okay because it is an advantage. After all, I can buy bitcoins again. And it is also being awaited by people who have prepared some money to buy more bitcoins. But even if the price were to go up, that would also be okay because we are allowed to take short-term profits before we see those long-term profits come.
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posi
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December 25, 2022, 12:50:04 PM |
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The crowd chose to go sideways, and so did I, you can see that the market is getting very quiet, and there is hardly any noticeable movement. This can be explained because people are focusing on the end of the year when two big holidays are coming up, Christmas and New Year. After a year of hard work and dealing with many difficulties caused by epidemics and wars, we now need a break to reflect on those bad things.
I agree with @yhiaali3, when the first week of the new year is over, things will move and most likely be negative, bad news is still waiting for the market.
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Nrcewker
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December 25, 2022, 01:15:29 PM |
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Why are we exactly debating about the price ? I mean we already know what has Bitcoin done this year. It won’t affect a lot in the last week to be honest. Moreover the thing that matters is that, where Bitcoins are moving now. If Bitcoins manage to cross 20k usd in the next 5 days, then Bitcoins will really do something big in the next year. If anyone has missed the best time to buy Bitcoins, then it is the time my friend. Just don’t wait more and buy as many Bitcoins as you can during this low price period.
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