What did you think will happen to Bitcoin before January?

[Kemarit]

In general, November, December and January are some of the best months for investing. Besides, the upcoming bitcoin ETF and halving means that there are really a lot of green flags and I don't know why to sell now. in my opinion it's best to hold now until the ETF releases. Untill the official news, in my opinion we will see green months. The day of the announcement will be a day of a short pump and then months of profit-taking for those who are now buying, so it will certainly be a good place to open short or at least realize some of the profits from currently held positions.

The last quarter of the year are obviously the best months of the year since bitcoin will experience more positive position in the market compared to the other months. However, this will also greatly depend on the factors that may affect the market and bitcoin. And since we are expecting two big events early by next year, then most probably we will witness a price correction that will set bitcoin price into another level, or maybe a short price decline before the massive price increase sets to happen.

All these will remain assumptions until proven when we cross the bridge by that time.  So let's just wait and see.

If we look though at the past history of Bitcoin, it seems that you are correct, last quarter of the year is very big for us as maybe one reason is that everyone is preparing for the block halving and so we think that they are buying as the price is still very cheap at this point. Halving is still next year, but it's better if we are going to invest like 5 - 6 months before the actual date.

So for know I think that is the mentality of most investors, specially long term, they look past this year and wanted to be ready for the next bull run in the next 2 years. But for shor term investors, they might want to sell some when the price reaches $40k-$50k at the end of the year to make profits.

Definitely, win-win situation for everyone, regardless of what is their goal in the market. They have just to be smart on when to sell and then when to reinvest.

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[GeorgeJohn]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

I think it's good to see your analysis by providing a chart so that we really understand why did you say that there will be an inflation of Bitcoin before that month. It feels like you're predicting is only has a small chance to happen. We really expect that there will be decreasing of price since the market goes that way naturally. If you're a trader, it is what we called EOF, where the price creates highs and lows. We might have different approach in the market but we have the same end point.

You are not supposed to depend or believe in someone predictions concerning bitcoin, because when you start listening to some of the things that happened in bitcoin price you may dislike bitcoin or you like it, its better when someone predict of bitcoin and you work on the predictions and verify if the predictions will work out well or will not work out well, we all have chart in our system, we should learn and also depends on our own chart instead of depending on people predictions, unlike me, I don't depend on someone predictions because I know that it may mislead me or not.

[armanda90]

On January 2024 almost close and left three months early before halving and actually Bitcoin on good position will up to higher price, its based on  my opinion looking current bitcoin keep stable on moving up price. Still not guarantee yet with three months early on January before bitcoin halving time will raise up to higher price but depend how many bad and good news publishing. I am optimistic position with bitcoin on January next year have good trend looking with bitcoin price have been raise up right now, left one two months and looks still not any bad news make bitcoin have correction and drop to lower price.

Seems January is bullish moment for bitcoin, altcoin and we are enjoying the party after waiting more than two years with bearish moment.

[Fundamentals Of]

What do you mean inflation in Bitcoin? That it will rise in price?

Bitcoin has already risen much in the past several weeks. This doesn't mean it will stop now, but we might be expecting some who prefer to take profit early. I think Bitcoin will reach $40,000 within the year. It might not be that high especially compared to its ATH in November of 2021, but there might be people who would be contented with the price and decide to enjoy the gains. This might delay more increases in the price. 

[michellee]

Inflation? Do you mean correction? If there is a correction, that is normal for Bitcoin but we don't know when the price will experience a correction and when it will go up. For now, Bitcoin price is experiencing a correction but hopefully, it won't correct deeply.

Bitcoin is currently trying to reverse course. After reaching its lowest price, Bitcoin slowly started to increase. And we've already seen the price work out to $35k. So for the coming months, there will be another increase in Bitcoin prices. But we will never know when the time will be.

Even though it's time, we don't need to watch the price fluctuate. The most important thing is how prepared you are to welcome the price increase. If you are not ready, you will miss out on making big profits. I remain optimistic that the price of Bitcoin will increase very high and although it will still be slow, over time, the price will increase.

[YUriy1991]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

Bitcoin is hot right now and investors and venture capital firms are betting on it to stay. However, I personally don't have much hope of tracking the possibility of BTC going up quite hard before next January in 2024, how it works and how it moves. But, for now, just follow developments. Indeed, many commenters say bitcoin is more of an investment vehicle than a means of payment and will rise if they can convert their cash into bitcoin.

[Dimitri94]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

I don't know what data you are basing this comment on but there is no assurance when the bitcoin price will rise up or down. Price corrections are subject to change at any time. But since you mentioned the month of January, maybe you can think about the ETF approval issue. If you think something like this, then if the Bitcoin ETF is not approved, its price may fall for some times and if it is approved, it will be bullish. But Bitcoin will be bullish even if it is not approved. Because the market is going through a long bearish period. Bitcoin's bullish journey could begin in 2024. I expect Bitcoin to remain bullish until January. We may see a high bullish trend towards the end of January.

[jasonjm]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

Bitcoin is hot right now and investors and venture capital firms are betting on it to stay. However, I personally don't have much hope of tracking the possibility of BTC going up quite hard before next January in 2024, how it works and how it moves. But, for now, just follow developments. Indeed, many commenters say bitcoin is more of an investment vehicle than a means of payment and will rise if they can convert their cash into bitcoin.

Well, the chances are that the price might reach a high of $40k in the coming months if the price consolidates around $35k for a few weeks because these months are good for BTC. The price rally will happen in the coming few weeks, and then there will be a price correction. The price will continuously drop below $20k, where we will touch the bottom. My price target for January 2024 is $42k.
Price will increase after the BTC Halving event, and the price will surge to the new ATH in 2025.

[Texac]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

Bitcoin is hot right now and investors and venture capital firms are betting on it to stay. However, I personally don't have much hope of tracking the possibility of BTC going up quite hard before next January in 2024, how it works and how it moves. But, for now, just follow developments. Indeed, many commenters say bitcoin is more of an investment vehicle than a means of payment and will rise if they can convert their cash into bitcoin.

We don't have to listen to what commentators say about bitcoin.  we just need to look at what's going on and it's easy to see that up to 99% of people participate here to invest, not consider it a means of payment.  so, the bitcoin bull cycle will almost certainly return.  but what will happen before January or in the future is unpredictable, I think we should not waste time making too many predictions.  we should focus on accumulating and holding until the bull season really comes.

[KingsDen]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.

It seems you are using wrong terms for bitcoin. What do you mean by inflation in bitcoin. This might mean something else altogether from what you have in mind. Use the cryptocurrency terms to explain what you mean and it will make a clear and unbiased  meaning.

And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

By next year, not necessarily by January, bitcoin price is expected be above 40k. If the price stays below 40k, there will not be much conviction for a bull run. This is however the expectations of everyone but something different might happen in the market.

Seems January is bullish moment for bitcoin, altcoin and we are enjoying the party after waiting more than two years with bearish moment.

December is always a poor season for bitcoin. Infact, price will drop by December. People tend to withdraw bitcoin and celebrate year end. But January is always bullish. People will enter the market as 2025 investment.

[flyingcarpet]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

We also need to know the reasons why you think this way. Knowing the reasons on which it is based when making a precise prediction can give us a better idea.

It is thought that there will be an increase in the price as Bitcoin's halving will take place in the new year and ETFs are expected to be approved. While there will be an increase in the price, there will also be corrections, so it is necessary to evaluate these corrections carefully. There are 2 months left until the end of the year, but we still cannot say anything clearly about whether the price of Bitcoin will increase at this time.

[justdimin]

Seems January is bullish moment for bitcoin, altcoin and we are enjoying the party after waiting more than two years with bearish moment.

December is always a poor season for bitcoin. Infact, price will drop by December. People tend to withdraw bitcoin and celebrate year end. But January is always bullish. People will enter the market as 2025 investment.

Why do you think that December is always a bad month for bitcoin? I mean we can say that 2017 December was one of the all time biggest increases in the bitcoin world, and could be considered great. I understand there has been bad months too, but there has been good months too, it is not like bitcoin goes up every time on a certain month, nor does it go down on every month on certain months.

We are not entirely sure what's going to happen, we need to handle the situation a bit better and realize that not every December is the same, and not every November is the same neither. We need to see how this two months is individually, these are going to be different from each other too ,I think just because in November it goes up doesn't mean it will go up on December, nor if it goes down on November it means that it will go down on December. We could have two months that both go up or both go down or one go up while the other goes down, we have to wait and see.

[milewilda]

Seems January is bullish moment for bitcoin, altcoin and we are enjoying the party after waiting more than two years with bearish moment.

December is always a poor season for bitcoin. Infact, price will drop by December. People tend to withdraw bitcoin and celebrate year end. But January is always bullish. People will enter the market as 2025 investment.

Why do you think that December is always a bad month for bitcoin? I mean we can say that 2017 December was one of the all time biggest increases in the bitcoin world, and could be considered great. I understand there has been bad months too, but there has been good months too, it is not like bitcoin goes up every time on a certain month, nor does it go down on every month on certain months.

We are not entirely sure what's going to happen, we need to handle the situation a bit better and realize that not every December is the same, and not every November is the same neither. We need to see how this two months is individually, these are going to be different from each other too ,I think just because in November it goes up doesn't mean it will go up on December, nor if it goes down on November it means that it will go down on December. We could have two months that both go up or both go down or one go up while the other goes down, we have to wait and see.

For sure they are really that pertaining into those month of December on that bear market and this is why on the time that we do speak about December then it would be automatically having that kind of impression.I
could definitely say that there's no way that we could be able to make out some patterns basing up into those previous years in terms  its price but somewhat trying to check out those charts then you cant really be able to blame out someone not to have that kind of optimistic view of point on being that positive towards it. There's no way that we could really be able to predict on whats ahead whether it would be green or red.
Expect the unexpected as always as these things are really just that normal into this space. You cant really be that making yourself that too confident in terms of trading or investing in Bitcoin or crypto in overall.

You would really be needing to be versatile and would really be able to adapt as much as possible.There's no way that we could really be
able to know on whats ahead considering that price could go depending on market sentiment and demand as always. Therefore, there's no assurance on where
we would really be going in the first place.

[gunhell16]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

What you say won't happen, and what are you thinking, dude? Maybe let's just say that what you are talking about or in your mind can and cannot happen. Aren't there even times that, while inflation is high, Bitcoin is hardly affected by events like that?

There may be factors to suppress inflation in Bitcoin through adoption because it will be less volatile, causing it to become even more stable, or it can also be due to its technology and utility, in my opinion.

[coolcoinz]

(...) but since the price is valued at less than its value (...)

What? 

What's the value then?

I'd say it's priced less than the value, but it actually isn't.
Bitcoin is above the 200 week MA and above the average mining cost.
I used to say this for months, basically since last year, that bitcoin is undervalued, but I wouldn't say that now at 35k.
IMO the fair price of bitcoin all throughout the last 12 months should have been at least 25k, but I'm completely fine with 50% of the last ATH as a pre-halving price

[Reatim]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

It is given each year that before December ends there is a dumping happening and for me there is no new in this system even more of the of the past years that we managed to see bearishness of the market so I think we must admit that and expect no over those months.
Even January has nothing to expect but instead a lowering value that will last I believe after halving from April to June 2024.

[bitterguy28]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

I think it's given that majority of the answer says it will go down mate  and like them I also believe this is what we are heading , strong October ending and strong November Holding , but as December comes to end ? for sure like what we had the recent years a small dump will come.

What do you mean inflation in Bitcoin? That it will rise in price?

maybe what he says is the coming months mate or in January when before Halving take effect , that the price will rise again and will make a good growth like what we expected in the coming months and even in the next year from that.

[Xcode7]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

It is given each year that before December ends there is a dumping happening and for me there is no new in this system even more of the of the past years that we managed to see bearishness of the market so I think we must admit that and expect no over those months.
Even January has nothing to expect but instead a lowering value that will last I believe after halving from April to June 2024.

What has happened in the past is likely to happen again, like other things regarding Bitcoin price movements that we have seen so far, although not exactly the same, but close to it.
Throughout this year the price of Bitcoin has moved in a quite positive direction even though there have been many price increases and corrections which I think is very normal.

Indeed if we look at previous years, in December and even January price movements tended to decline, but I think this time is a little different, although there will be a price correction, it will not be too deep considering that the community is getting stronger, creating high or balanced demand which makes prices Bitcoin will remain maintained and there will be no significant decline.

[Davian144]

Bitcoin is hot right now and investors and venture capital firms are betting on it to stay. However, I personally don't have much hope of tracking the possibility of BTC going up quite hard before next January in 2024, how it works and how it moves. But, for now, just follow developments. Indeed, many commenters say bitcoin is more of an investment vehicle than a means of payment and will rise if they can convert their cash into bitcoin.

If you look at it in general, Bitcoin is not only suitable for use as an investment tool at this time, because now everyone can see that there are indeed countries and companies that are willing to accept Bitcoin as a payment by providing a very correct transaction method. So the assumption that Bitcoin is only suitable as an investment at this time I think is not correct because Bitcoin is more than that when there are many people who are willing to accept Bitcoin in terms of any payment using the method provided by the recipient parties.

[karabiber]

With my analysis and observation, I think before January there will be an inflation in Bitcoin. This coin have depreciate to it stop limit, that is where it can not further depreciate again.
And whenever this coin gets to this point, it reverses back and then boom and trust me it's about time.

It is given each year that before December ends there is a dumping happening and for me there is no new in this system even more of the of the past years that we managed to see bearishness of the market so I think we must admit that and expect no over those months.
Even January has nothing to expect but instead a lowering value that will last I believe after halving from April to June 2024.

Potential headwinds for the market before the end of the year are rising inflation in the US and rising tensions in the Middle East. Any of these could put the brakes on the year-end Christmas rally, but that doesn't seem to be the case at the moment. Spot ETF approval could change the tide.
If the approval of the first US-based Bitcoin spot ETF comes before January 10, it will cause an extra surge. The excitement generated by rumors of the approval of the BlackRock application over the past few weeks has pushed the Bitcoin price as high as $35k, a level it hasn't reached since the FTX event in 2022. However, the Christmas holiday in December, when the markets are closed, may also cause stagnation. I think for the end of the year, Bitcoin will end the year at $40k.