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Ricardo11
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December 20, 2024, 01:44:31 PM |
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I hope so and I am also quite optimistic about it seeing from what is happening now when there is no correction that is too deep when there is an increase in price either for Bitcoin or Altcoin even in December Bitcoin has touched its latest ATH several times without any deep correction which means that the positive movement will continue to occur. December will increase and early next year will also increase, currently we are in a Bull market and that will happen in the next few months so it is better to stick to the investment you make to take maximum profit.
In the past two days the market has corrected again so that it has caused the price of many coins to fall simultaneously and this can be witnessed by everyone because the influence that can come into the market and into the minds of Bitcoin investors is still quite obvious at this time. So we also need to respond to this very wisely because I think the correction only happens temporarily before the next big increase occurs again this month until early next year. So for now patience must be increased by everyone in dealing with this correction situation. In fact, it is very important to maintain a patient attitude at this time. In fact, the current market correction moments should actually be seen as an investment opportunity, because this current dumping trend of Bitcoin will not last long, as soon as this month ends, the new year will begin, and in the new year we will see Bitcoin becoming much more valuable. So instead of being scared by this current dump, buy Bitcoin now, and keep holding patiently. This dumping is only for a temporary period, it will start recovering again at any time. So take full advantage of this opportunity.
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bettercrypto
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December 20, 2024, 02:01:43 PM |
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How will the market movement be like this December?? Hoping for a successful end of year 🙏
This will be a month of consolidation or ranging, and it could last until next year, although I know that many are expecting it to happen again because it is possible that there will be a rally that will take place temporarily during the effectiveness of Trump's inauguration as the first day of his presidency. But for me, it doesn't seem like that will happen, just my opinion and not because I am against the bitcoin price rallying, of course I want it to rally so I can take profit on my other altcoins.
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Antotena
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December 20, 2024, 02:42:25 PM |
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This will be a month of consolidation or ranging, and it could last until next year, although I know that many are expecting it to happen again because it is possible that there will be a rally that will take place temporarily during the effectiveness of Trump's inauguration as the first day of his presidency.
But for me, it doesn't seem like that will happen, just my opinion and not because I am against the bitcoin price rallying, of course I want it to rally so I can take profit on my other altcoins.
The market doesn't looks good, there is a heated concern about the Bitcoin reserve which Jerome Powell made about comment on interest in Bitcoin which he said they are not ready to adopt Bitcoin, this has lead to different controversy about Bitcoin future in the United state but since Trump hasn't said anything yet, we really have to wait for him since he made those promise which is why I'm thinking that Bitcoin still remain bullish until his inauguration. I'm expecting Bitcoin to be corrected back to ₦80k which is the least if things goes that bad but it will go up again on January particular the day Trump is going to be inaugurated. If he is passionate about crypto in the United state, it will helps sustain the price. I have also been wondering, what if this is just to make the market goes down so the government can buy this Bitcoin cheap and then says they are going to make Bitcoin reserve, the government cants be trusted you know.
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Zlantann
Legendary
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December 20, 2024, 02:56:20 PM Last edit: December 20, 2024, 03:09:43 PM by Zlantann |
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The market doesn't looks good, there is a heated concern about the Bitcoin reserve which Jerome Powell made about comment on interest in Bitcoin which he said they are not ready to adopt Bitcoin, this has lead to different controversy about Bitcoin future in the United state but since Trump hasn't said anything yet, we really have to wait for him since he made those promise which is why I'm thinking that Bitcoin still remain bullish until his inauguration.
I'm expecting Bitcoin to be corrected back to ₦80k which is the least if things goes that bad but it will go up again on January particular the day Trump is going to be inaugurated. If he is passionate about crypto in the United state, it will helps sustain the price. I have also been wondering, what if this is just to make the market goes down so the government can buy this Bitcoin cheap and then says they are going to make Bitcoin reserve, the government cants be trusted you know.
Has it come to the level that we will have to depend on an individual to predict the price of Bitcoin? Jerome Powell said that he is not resigning, and Donald Trump cannot remove him unless it is approved by Congress. His claim that Bitcoin cannot used as a reserve might be true but the law can be amended by Congress. US central bank will keep Bitcoin if Trump wants it because he has the ability to lobby members of the congress. It seems Powell will be a barrier to this plan of strategic reserve. His tenure is ending by next year, maybe Trump will have to wait till then or persuade the Feds' head to change his position. But with or without a Bitcoin strategic reserve in the US, Bitcoin price will increase at the appointed time.
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Sanitough
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December 20, 2024, 04:46:35 PM |
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Looking at it now that we are in December, I have to say that we are looking at a different market and not entirely sure if it is a good thing or not. I can see that it is actually a good situation to be in, but at the same time we are dealing with something that is taking a bit of time as well.
I believe the better we do, the better we can be hopeful about the future as well. We have breached over 108k, so we have hopes about reaching 120k before new years, but if we reach 115k, then we would have hopes about 130k, so the higher we go, the higher expectations go as well. I believe that we are looking good right now and peaking at 200k is looking more and more realistic for the new year, I do not know when, but if that happens, it would be lovely for all.
We would ultimately end up this year more joyous and fulfilled if bitcoin price continue to move upward, but it seems what we have at the moment is quite an opposite. Bitcoin price has dropped below $97k and based on what I see, there are still chances that it would fall even better. However, we still have two weeks more to go before year end, and it would be enough time to see price recovery for bitcoin. Or else, altcoin season might start to appear soon.
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justdimin
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December 21, 2024, 11:46:23 AM |
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We would ultimately end up this year more joyous and fulfilled if bitcoin price continue to move upward, but it seems what we have at the moment is quite an opposite. Bitcoin price has dropped below $97k and based on what I see, there are still chances that it would fall even better.
However, we still have two weeks more to go before year end, and it would be enough time to see price recovery for bitcoin. Or else, altcoin season might start to appear soon.
It was definitely an awesome month without a doubt, we broke over 108k and nobody really assumed we would be over 100k let alone 108k during this month, we were dealing with 90s and that was the most price people saw and thought that would be the bull run, but seeing as high as 108k really took it a far enough and that should be the most important part of this. I mean thinking about November, we really did great after the election but that was a big pump that I assumed would be the case for a long time, like whatever happened there, would be the end of the deal, for a while of course because I believe 2025 will be higher, but then December didn't just stand down and it is doing great even right now. I think this little fall that we have is a small correction and we are going to end up with much more in the end, I believe that we are going to see much bigger situation that takes it further, that's the most important part of the deal in the end.
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shinratensei_
Legendary
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Activity: 3794
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December 22, 2024, 06:45:40 AM |
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We would ultimately end up this year more joyous and fulfilled if bitcoin price continue to move upward, but it seems what we have at the moment is quite an opposite. Bitcoin price has dropped below $97k and based on what I see, there are still chances that it would fall even better.
However, we still have two weeks more to go before year end, and it would be enough time to see price recovery for bitcoin. Or else, altcoin season might start to appear soon.
we need to relax because few months back people were so pessimistic after having a full month of massive sideways around $49k to $60k and after a while BTC breakout and it just goes up straight to $100k. I think this month will be no different, worst scenario bearish sentiment might continue until end of december, good scenario, we'd see market flipping the trend soon because from the past few months btc always suddenly pump at the month's end. still pretty optimistic, not to mention this correction was expected, I mean the market can't just hold ATH forever, at some point there will be distribution phase, people are selling, and once that selling pressure is gone price will go up again.
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michellee
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December 22, 2024, 09:58:09 AM |
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Today, Bitcoin literally crossed $108k value and that's remarkable. I've already placed a limit short order at $110k a few weeks ago and still that order hasn't got executed and filled but I hope soon I will that order getting filled.
I personally think that after $110k we might see some type of price correction and during that correction I will take my profit and close the order or I will hold that order and average it if Bitcoin goes over $200k.
And now, the price stay at $96k which I think it is a sideways moment for Bitcoin price. Maybe it will be like this until the end of this year so we must be careful because there is a chance to see a dump instantly for the price. But we may hopes that the dump will not takes too long to reverse and increase back. Your order sell seems need to wait or you already sold it before. But yes, we are in the correction moment after Bitcoin reached the high price and that is always happen. We always want to make a big profit so that makes us to have more patience to wait. We don't have to worry with this situation because this will change and be back to the normal situation. That will help the price start increase and that will be the time for the price to make a new ATH.
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milewilda
Legendary
Offline
Activity: 3570
Merit: 1178
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December 23, 2024, 02:27:24 AM |
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Today, Bitcoin literally crossed $108k value and that's remarkable. I've already placed a limit short order at $110k a few weeks ago and still that order hasn't got executed and filled but I hope soon I will that order getting filled.
I personally think that after $110k we might see some type of price correction and during that correction I will take my profit and close the order or I will hold that order and average it if Bitcoin goes over $200k.
And now, the price stay at $96k which I think it is a sideways moment for Bitcoin price. Maybe it will be like this until the end of this year so we must be careful because there is a chance to see a dump instantly for the price. But we may hopes that the dump will not takes too long to reverse and increase back. Your order sell seems need to wait or you already sold it before. But yes, we are in the correction moment after Bitcoin reached the high price and that is always happen. We always want to make a big profit so that makes us to have more patience to wait. We don't have to worry with this situation because this will change and be back to the normal situation. That will help the price start increase and that will be the time for the price to make a new ATH. Totally surprising on what we are seeing currently in the market but we arent that still over and we do still have a week before this year ends on which this is really that something that there still possibilities that neither pump or dump condition before this year ends. If we do pertain about on the month of DECEMBER kind of price situation then it will be always hard to tell but actually this month isnt something that could be forgotten because as i have remembered that these are the days on which Bitcoin hit up $19k on that previous bull run (correct me if im wrong) on which this one did really give out that kind of sentiment that it is a bullish month but on the time that you do have that experience towards it for a while now then everything comes randomly because there are years on where BItcoins price on this last month of the year is just on consolidation or moving sideways and there are ones which it is that moving down or bearish period.This is why it is hard to draw up some conclusions basing up into the conditions or situations if we do speak on its price particuarly. Expect the unexpected and make those actions or decisions basing up into the price condition or situation on which we do have. For now, we arent seeing some sentiments around on which we can assume out that this year ends without having that much of a movement, but honestly, no one really knows when it comes into this aspect.
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fullhdpixel
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December 25, 2024, 02:23:22 PM |
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Has it come to the level that we will have to depend on an individual to predict the price of Bitcoin? Jerome Powell said that he is not resigning, and Donald Trump cannot remove him unless it is approved by Congress. His claim that Bitcoin cannot used as a reserve might be true but the law can be amended by Congress. US central bank will keep Bitcoin if Trump wants it because he has the ability to lobby members of the congress. It seems Powell will be a barrier to this plan of strategic reserve. His tenure is ending by next year, maybe Trump will have to wait till then or persuade the Feds' head to change his position. But with or without a Bitcoin strategic reserve in the US, Bitcoin price will increase at the appointed time.
We currently have situation very interesting as Jerome Powell is not going to do anything which announced by Donald Trump but here we have another thing which is going to help bitcoin adoption as USA states are doing legislation by their own and three states are going to have bitcoin as reserves with this if we have Jerome Powell for some more time then we can have some delay in new highs for the bitcoin but no one can stop because his tenure is going to end in 2026. Even we have now something tricky, but one thing is positive now we have bitcoin adoption still going through positive, and just one person can't hold these few years back we have few countries which were thinking about complete ban on mining and trading now having changing and try to adopt which is huge success.
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doomloop
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December 29, 2024, 06:41:22 PM |
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Today, Bitcoin literally crossed $108k value and that's remarkable. I've already placed a limit short order at $110k a few weeks ago and still that order hasn't got executed and filled but I hope soon I will that order getting filled.
I personally think that after $110k we might see some type of price correction and during that correction I will take my profit and close the order or I will hold that order and average it if Bitcoin goes over $200k.
And now, the price stay at $96k which I think it is a sideways moment for Bitcoin price. Maybe it will be like this until the end of this year so we must be careful because there is a chance to see a dump instantly for the price. But we may hopes that the dump will not takes too long to reverse and increase back. Your order sell seems need to wait or you already sold it before. But yes, we are in the correction moment after Bitcoin reached the high price and that is always happen. We always want to make a big profit so that makes us to have more patience to wait. We don't have to worry with this situation because this will change and be back to the normal situation. That will help the price start increase and that will be the time for the price to make a new ATH. Now bitcoin sentiments are positive and no one having any doubt about future of bitcoin is also going to be awesome with this temporary correction we are feeling some pressure, but things could be on right way in few days or weeks after win of Trump now we have crypto having first big breakthrough now peoples are waiting for next step which is also going to be good. December is going to be one of the best month for the crypto lovers because it gives many good things to them and still we are hoping for having more achievements in coming days as well few rumours about crypto surely create hype but as we have things back on track most chances we will be not had any setback which hurt the moral and confidence of crypto community in near future if we have few turning points which are suggested recently we can have new highs for bitcoin as well.
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