how do you think market will look like this December?

[Questat]

I think this month gonna be the month of sideways and accumulation before we're bullish again, I know that recently we've seen BTC breaking out $100k and currently having quite the pullback but I think it will form a channel around $90k to $105k and eventually will resume the bullish again.

I don't anticipate much this month because I know people are preparing for new year and some of them might need to cash out so that's additional selling pressure.
but I'd still let my portfolio have exposure on BTC and some other alts, after all it seems alt is starting to get aggressive.

I also agree that this month will be a month of consolidation period, because the support and resistance I see is at 104k$ and 90k$ so at this price there will be up and down prices in the market in terms of bitcoin value.

Now, the pull back is that we don't know where it will start because it depends on the demand and support that the communities will make and add to the news
that can be made on various social media platforms.

Bitcoin price will still remain unpredictable. Though the market is bullish and we all have seen how people are being optimistic about bitcoin price, but since the holidays are just around the corner, then it's inevitable to see people selling rather than maximize buying so they can have a more festive holiday celebration. As an effect, bitcoin may experience price pump and probably going sideways due to the different activities of the people.

[Faisal2202]

How will the market movement be like this December??
  Hoping for a successful end of year 🙏
   

December will be full of green candles although we have already seen some big red candle and some are even touching the $94k target and below but I think end of December won't be like that people who need money for christmas they need that now so I think they already withdrew from their profits and now market might not dump in the end of December I can be wrong so NFA.

From the looks of the previous Bull run's December it was always bullish and green as a whole month, and if we consider the first 15 days or last 15 days then it varies like this time first 15 days were red and IMO last will be pumping and Jan will be damn bullish. Now USA has somehow going to approve their reserve policy for BTC maybe they did it, but when that will happen BTC will boom. We should not wait for the December alone, as next 5 months are very bullish for BTC so don't worry.

[shinratensei_]

How will the market movement be like this December??
  Hoping for a successful end of year 🙏
   

December will be full of green candles although we have already seen some big red candle and some are even touching the $94k target and below but I think end of December won't be like that people who need money for christmas they need that now so I think they already withdrew from their profits and now market might not dump in the end of December I can be wrong so NFA.

From the looks of the previous Bull run's December it was always bullish and green as a whole month, and if we consider the first 15 days or last 15 days then it varies like this time first 15 days were red and IMO last will be pumping and Jan will be damn bullish. Now USA has somehow going to approve their reserve policy for BTC maybe they did it, but when that will happen BTC will boom. We should not wait for the December alone, as next 5 months are very bullish for BTC so don't worry.

December historically has more red than green, we'd expect nothing of significance to be happening right now because as you said, it's december and people are withdrawing some of their money for new year's eve and so on.
at worst case scenario we might see retracement which we did just few days ago but there's always potential that there'll be continued retracement.

however, I've seen plenty of people giving thesis about the bullrun might be ending sooner than in the previous cycle because actually we've been on bullish sentiment ever since price changed trend from bearish to bullish around $20k. which is reasonable, but i'd take it with grain of salt. and yeah, for the next month to be ultra bullish we'd just need US approval on the strategic reserve.

[$weetne$$]

December historically has more red than green, we'd expect nothing of significance to be happening right now because as you said, it's december and people are withdrawing some of their money for new year's eve and so on.
at worst case scenario we might see retracement which we did just few days ago but there's always potential that there'll be continued retracement.

There is some difference for the halving years. Other years that we do not have Bitcoin halving happening, the market will be red but for the halving years we have some exceptions. December is the end of the year therefore what you said is what we are all expecting to happen but instead of we being scared and leaving the market, December is going to be a very good time for we to be investing in to the market as I believe we should be expecting next year to be very bullish in accumulating Bitcoin in preparation for next year. It is going to be the year that Bitcoin passed it's highest price and also Donald Trump who's going to be the president is in support of Bitcoin and would not be passing any law to give Bitcoin an issue.

[Dewi Aries]

Hmm sorry I seem to be late because it's already the middle of the month  , but yes the end of this year, precisely in December, is an extraordinary achievement for Bitcoin because this is the first time that our favorite asset has touched a price of $100k, precisely on the 5th yesterday if I'm not mistaken, and of course this is a very pleasant situation for us, especially for those investors who are always consistent in accumulating and also patient in holding it for several years.

From what I see, Bitcoin is now in the resistance area because it has managed to break through the previous resistance at a price of $104k and now the price is at $105k which is a slightly higher price than the previous resistance, and I also see that there has been a formation of a spinning top candlestick which usually indicates that the price will reverse, so according to my prediction for the next 10 - 15 days Bitcoin will experience a decline first, but it doesn't seem like it will go below $100k.

[michellee]

It is nice to see the increasing of Bitcoin price into $106k. That's really mean for us, for Bitcoin investors to still wait for their target price to sell. This price will continue even though the correction comes again and push the price to go down.

Bitcoin investor will not worry with the correction because that is their chance to load more Bitcoin. While we are now in the middle of this month and the market seems moves good, that can still continue and reach the next ATH.

If this situation continues, we will have more opportunities to see $110k this month. So if that is your target price to sell, it is better you prepare your Bitcoin and place your order sell so you will not be late to sell at that price.

[LogitechMouse]

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From what I see, Bitcoin is now in the resistance area because it has managed to break through the previous resistance at a price of $104k and now the price is at $105k which is a slightly higher price than the previous resistance, and I also see that there has been a formation of a spinning top candlestick which usually indicates that the price will reverse, so according to my prediction for the next 10 - 15 days Bitcoin will experience a decline first, but it doesn't seem like it will go below $100k.

It even reached as high as $106,000 ($107,000 on HyperLiquid exchange), so I guess that would be the new resistance. Right now, it went down again to around $104,000, and as long as we stay above $100,000 for weeks, there's a chance that we will see new ATH after new ATH. Let's also add the fact that institutions are still buying Bitcoins like Microstrategy.

I did quick research on the spinning top candle stick, and it seems like it shows that we are losing momentum meaning the bulls are losing momentum on the weekly time frame. Well, after those weeks of bullishness, I guess it's time for Bitcoin to have some red candles first before going up next year. I mean red often associates with the Christmas season so... Red = Christmas, isn't it? I also expect a bit of a correction before going to 2025.

[Zanab247]

How will the market movement be like this December??
  Hoping for a successful end of year 🙏
   

with what we are seeing in the market now, I think it will end well because the price of BTC has hit highest again to touch $104 which it will push many traders to trade their BTC to earn profit before the month run out because the market price is good for traders to trade with confident. With my little research, I think this December is the most favourable month to traders because from the beginning of this year, it hard for the price of BTC to touch $100k above and the moment we step into December, the price of BTC pump higher to cause many traders to begin to trade their coins to earn massive profits.

I must confess to you, that this is the best year to BTC traders because the bull market take a long time to allow both short term traders and long term traders to make a good profits from BTC.

[Dewi Aries]

---
From what I see, Bitcoin is now in the resistance area because it has managed to break through the previous resistance at a price of $104k and now the price is at $105k which is a slightly higher price than the previous resistance, and I also see that there has been a formation of a spinning top candlestick which usually indicates that the price will reverse, so according to my prediction for the next 10 - 15 days Bitcoin will experience a decline first, but it doesn't seem like it will go below $100k.

It even reached as high as $106,000 ($107,000 on HyperLiquid exchange), so I guess that would be the new resistance. Right now, it went down again to around $104,000, and as long as we stay above $100,000 for weeks, there's a chance that we will see new ATH after new ATH. Let's also add the fact that institutions are still buying Bitcoins like Microstrategy.

I did quick research on the spinning top candle stick, and it seems like it shows that we are losing momentum meaning the bulls are losing momentum on the weekly time frame. Well, after those weeks of bullishness, I guess it's time for Bitcoin to have some red candles first before going up next year. I mean red often associates with the Christmas season so... Red = Christmas, isn't it? I also expect a bit of a correction before going to 2025.

Yes, the point is that it can be said that now Bitcoin is spinning in the resistance area in general, but my friend, it turns out that now the price has managed to break through the previous resistance that I mentioned which is in the range of $ 104k where the highest price is in the range of $ 107k a little more, oh my God I really did not expect that Bitcoin would experience quite a significant change at the end of this year with a strong and quite significant bullish movement.

Regarding the indication of the spinning top candlestick that I mentioned above, it turned out to be true after that the price fell but it turned out to be nothing more than a small correction phase and a few hours after that it was broken through again. Overall, yes, now the price is really at a very high point, but that doesn't mean it's impossible to eventually go back up, on the other hand, to be honest I can't be sure that Bitcoin will soon experience a decline because I haven't seen any other stronger indications that indicate the price will reverse.

[RockBell]

Bitcoin price will still remain unpredictable. Though the market is bullish and we all have seen how people are being optimistic about bitcoin price, but since the holidays are just around the corner, then it's inevitable to see people selling rather than maximize buying so they can have a more festive holiday celebration. As an effect, bitcoin may experience price pump and probably going sideways due to the different activities of the people.

You can only predict bitcoin for a very short time and if that period there is a possibility that you might be wrong because 1 second the market is bullish the other second it's bear and that is just the kind of investment that bitcoin is so, if I could remember when they were making speculation about 100k that was doing the halving and the ETF approval and look at were the orice of bitcoin latter hit 100k during the us election so there are things that you will not really notice when it comes to bitcoin untill it starts happening am very sure that there are people that they will not really have believed that bitcoin will hit 100k.

The best thing is just that so that you do miss any opportunity is to invest while it's dip and that will be good for those that have the intention of holding, traders don't really have bussiness with the dip there is with the entire market they have to be lucky to be able to predict what will happen next in the market especially those that are into futures trading, that is one of the most complicated aspect when it comes to trading with a bigger risk, those aspect are suppose to be tempered with carefully.

[SamReomo]

It is nice to see the increasing of Bitcoin price into $106k. That's really mean for us, for Bitcoin investors to still wait for their target price to sell. This price will continue even though the correction comes again and push the price to go down.

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.

[Z_MBFM]

How will the market movement be like this December??
  Hoping for a successful end of year 🙏
   

The entire month of December is very good for the crypto market.  And during this period all other potential altcoins including Bitcoin will see Bull Run.  Bitcoin price has already risen to $108k as of today.  Market conditions look like Bitcoin price could hit $115k by the end of December.  But after that the market correction will start which can cause the whole market to crash a lot.  So this December is a golden opportunity for holders, traders and the entire crypto community.

[Xcode7]

How will the market movement be like this December??
  Hoping for a successful end of year 🙏
   

The entire month of December is very good for the crypto market.  And during this period all other potential altcoins including Bitcoin will see Bull Run.  Bitcoin price has already risen to $108k as of today.  Market conditions look like Bitcoin price could hit $115k by the end of December.  But after that the market correction will start which can cause the whole market to crash a lot.  So this December is a golden opportunity for holders, traders and the entire crypto community.

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.

[armanda90]

How will the market movement be like this December??
  Hoping for a successful end of year 🙏
   

The entire month of December is very good for the crypto market.  And during this period all other potential altcoins including Bitcoin will see Bull Run.  Bitcoin price has already risen to $108k as of today.  Market conditions look like Bitcoin price could hit $115k by the end of December.  But after that the market correction will start which can cause the whole market to crash a lot.  So this December is a golden opportunity for holders, traders and the entire crypto community.

Totally disagree with you, December always have bad for cryptocurrency market how altcoin drop significant recently although in other side bitcoin success hit new ATH price to $108k. Few days left we have crucial moment for Christmas and many people celebrate that moment will sell their bitcoin or altcoin assets until take holiday at the of this year.
I don't think golden opportunity in this December how significant drop from altcoin and market looks not friendly after many top altcoin price decreasing.

But for bitcoin looks stable and success hit new ATH price, don't forget if bitcoin decreasing few percent have bad impact for altcoin most significant going down and today altcoin drop.

[YOSHIE]

how do you think market will look like this December?

My understanding is that in December, whatever type of trading you do is still conducive, spot, margin, futures, these three types of trading features are still a priority for crypto users in the market.

The proof is that $107k has now fallen to $104k, I am sure that an upward position is still a hope for crypto investors and users, which is certain for those who have trading knowledge and are experts in that part of the crypto market which is always good for them, the point is that they understand the up and down charts tothe crypto assets they trade.

But for those who are not experts and understand any trade, market consequences are always bad for them, the point is that knowledge and the market become one.

[Cookdata]

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.

From what I saw yesterday, there is going to be a correction and when it does, I hope it's going to be a healthy one for crypto market. Yesterday, Powel was asked if there is ant plan by the fed to used Bitcoin as reserve with the way gold are used and he clearly stated that they are not allow to own a Bitcoin and they don't have any plan to used Bitcoin as reserved. That's has change the narrative of what Trump want to do for the market and we don't know what next until after inauguration.

Powel said that the congress has the right to support it but they are not ready to change the law which means the law of digital asset isn't coming to their reserve right now, the presidency doesn't have that power unless the congress support the bill and it's pass, that's when there is going to be consideration and will the US government have time for this when they have many other things to sort out? That's left for the new government to decide, so we wait.

[bitgolden]

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.

[BITCOIN4X]

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 hope for the best and prepare for it, but things can never be guaranteed. The price has corrected today where it has fallen by 4.5% in the last 24 hours, this is not good for some, but is considered good by those who were hoping for a decline. As Christmas and New Year approach, this decline is inevitable and many of us have seen our portfolio values ​​reduced by several percent.

I'm sure post-correction price recovery will happen soon, but hitting a new ATH doesn't seem to have a high probability. If bitcoin can get back to its $105k price before Christmas, then perhaps we can still expect a $110k hit by the end of the year. I don't know, the market has been influenced too much by the statements of important people lately.

[CageMabok]

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.

[Taskford]

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.

We could really see how high the influence of Bitcoin movement on how these altcoins move. We could see right now that when Bitcoin dumps everyone will follow that's why its hard to speculate something about those alts and if they heavily invested to much on it and they are buying it at the top then maybe they feel crazy when dumping situation occur just like what we are seeing today. That's why we better not to think about holding those alts for long months or years since we don't actually know what's going to happen.

That's why my investment are in focus with Bitcoin and just ignore other alts since I know that chance for recovery is so high compare to other shitcoins in the market.