What Are Your Expectations From BTC Price in December

[Kelvinid]

Honestly, I don't expect much this time. Although I don't see btc price dropping more, but I don't see it real going upward knowing that there are no highly positive news that link to bitcoin these days. And that's still good for bitcoin, it will recover in time following its own pattern, not through the big events outside the maket.

What matters now, bitcoin is seen recovering. Now it can get back to $93k-$95k if the market allows.

[Rampagoe004]

Bitcoin can sometimes move with a surprise, either to bring us joy and excitement, or to pull us down and feel devastated. So I'm not bothered actually, bitcoin will be bitcoin at the end of the day. But to answer the question, I think bitcoin will not create a big difference this year end, especially that I'm seeing its still struggling to get back into $100k. But who knows, bitcoin will create a big twist again, and surprise us with a very amazing price increase. That's why we need to stay hodling despite how btc price inevitably rise and fall in the market.

If at the end of the year, Bitcoin can pass $100k, then it will be very difficult to happen because currently Bitcoin's movement is starting to weaken, especially last month Bitcoin reached a new ATH and this will not happen again in the near future and everything needs time to achieve the highest achievement, so for those of us who are still holding Bitcoin, hold until the highest achievement can be achieved and must be patient, everything will happen in time, keep investing and later everything will feel beautiful.

[bounceback]

...
What are your short term price expectations,  and as a trader like speculators,  is the current bitcoin price good for new positions, is this the best price to buy more bitcoin and if that is what are the short term, let say from now till middle of December

If for short-term trading then I will wait for the bitcoin price to be in the $85k to $87k area to create a new position because looking at the current bitcoin price movement then buying in that position can give us a little profit when the bitcoin price returns to the $90k area because during the decline that occurred in the last few weeks showed that bitcoin was able to quickly return to the price of $90k and $93k as the highest point during the increase in the previous week so there is a big possibility that bitcoin will be able to maintain that level until the end of the year.

[michellee]

I don't expect the price to increase much, since it's been sideways for a while. But I don't know what may happen in the next week because since yesterday, the prices have only moved slightly and stayed the same. There may be a move to $90k next week but it could go down to somewhere.

Seems still difficult to reach $95k in a short time, but optimism will always be there. I only wait for the price to go down, buy more, then wait for the price to go back up.

If the price doesn't move, I may buy small amounts and hodl it. Then if the price goes down, I will buy another. Let's see it later.

[Marykeller]

I don't have any expectations this December. Whatever price I see on Bitcoin by the month's end, I'll take that way, not to worry myself on that, since we have other years to come to have a whole lot of ATH to sell our Bitcoin at.

On that note, I don't think I will be selling my Bitcoin at $100k if Bitcoin gets to that. What I will be thinking, is how to accumulate additional Bitcoin for long term

[EarnOnVictor]

I don't support any action on Bitcoin other than selling for now, otherwise, the trader/investor should wait if buying is the sole desire. My weekly chart above has said it all.

The price action indicates a sell, the OsMA indicates a sell, the MACD indicates a sell, the trendline indicates a sell (and it will remain so if the market holds below $99,839), and finally, the Fibonacci indicates a sell and will remain so if the market holds below 23.6% Fibo level at $99,839, which is coincidentally the same level as the trendline. This makes the level even more powerful.

We might start having more determined bearish episodes this week if the last candlestick closes bearish. This candle close will happen today. After which, the bearish focus will be on the break of the 38.2% Fibo level at $83,740. A successful break of this level will further open more bearish vulnerability. Let's hope that $83,740 holds.

[WatChe]

Honestly, I don't expect much this time. Although I don't see btc price dropping more, but I don't see it real going upward knowing that there are no highly positive news that link to bitcoin these days. And that's still good for bitcoin, it will recover in time following its own pattern, not through the big events outside the maket.

What matters now, bitcoin is seen recovering. Now it can get back to $93k-$95k if the market allows.

Bitcoin price is moving sideways and that's still a positive news because price is revolving within range of 83 ~ 93k. First week of December is over and we haven't seen much appreciation in price of Bitcoin. In December every year, we have Christmas and new year vacations due to that price mostly goes down. I am not expecting price hike in December, that's why I am hodling and adding more Bitcoins to my portfolio. The price stability at the moment is an indication that soon we have a bull run.   

[Lorence.xD]

With no big news that really affects the market, I think that bitcoin is going to be steady this month and I don't think we would see a really dramatic month for bitcoin. I think that this is a really good time to buy bitcoin using DCA method. It would be nice if bitcoin shows it's signature volatile nature, let's see people scramble as they sell or buy during this Christmas season.

[icebar]

Market sing is not so good, we can conclude that the market will not go into a major bullish movement immediately, but usually at this time of the year, Bitcoin tends to move higher. We did not see any significant increase in Bitcoin last month, and we are not very optimistic about it this month either. Though this month is not very effective for traders, it is a month of great opportunity for those who are doing DCA. If the market remains in this condition, then its price is likely to fall a little more from the current price. In any situation, long-term investors will benefit the most.

[Swordsoffreedom]

Market sing is not so good, we can conclude that the market will not go into a major bullish movement immediately, but usually at this time of the year, Bitcoin tends to move higher. We did not see any significant increase in Bitcoin last month, and we are not very optimistic about it this month either. Though this month is not very effective for traders, it is a month of great opportunity for those who are doing DCA. If the market remains in this condition, then its price is likely to fall a little more from the current price. In any situation, long-term investors will benefit the most.

Why do long-term investors benefit the most? I don't think people who have been buying and holding for years and their goal is to take profits this year will be happy with what is happening as bitcoin is down almost 30% since its peak. Not to mention, not every long-term investor has the budget to buy in every time the price drops. So whether you are a trader or a long-term investor, depending on your strategy and goals, each investor will have their own feelings about the market situation.

But overall, I hardly see anyone excited about the bitcoin price drop and the gloomy market. Because frankly, no one wants their portfolio to lose value, even those who are applying a DCA strategy.

[AmaGold70]

I am aware that there is a bitcoin monthly price speculations threads and the December price predictions and discussions is already on going, but that is not the main aim of this thread.

The aim of the topics is:  based on the current bitcoin market movement and volatilities there is need to make at least a short price speculations based on the recent movements around $90k and $95k BTC price.

What are your short term price expectations,  and as a trader like speculators,  is the current bitcoin price good for new positions, is this the best price to buy more bitcoin and if that is what are the short term, let say from now till middle of December

Seeing the way it's going now I honestly don't expect anything and I still think that the price will even dip more, December have always been a good month in the past but it is clear now that the past does not determine what will happen in the future as I still see Bitcoin dipping unlike the previous December. However I have decided to take the price or the dip as I see it and I might even buy more because regardless of how low the price of Bitcoin gets we still have many years ahead and countless ATH to come in the future so right I have know that I have absolutely nothing to lose and I'm not worried about nothing but just keep buying if you can.

[Helena Yu]

November really make me disappointed.

I thought December would be bad because this is the last month we can hope Bitcoin will make new ATH, there are still 21 days left. Thankfully, there's a sudden small pump recently, I guess we can wish if Bitcoin will break new ATH instead dump and will recover after 3-4 years later.

[Scarlett_23]

I am aware that there is a bitcoin monthly price speculations threads and the December price predictions and discussions is already on going, but that is not the main aim of this thread.

The aim of the topics is:  based on the current bitcoin market movement and volatilities there is need to make at least a short price speculations based on the recent movements around $90k and $95k BTC price.

What are your short term price expectations,  and as a trader like speculators,  is the current bitcoin price good for new positions, is this the best price to buy more bitcoin and if that is what are the short term, let say from now till middle of December

Seeing the way it's going now I honestly don't expect anything and I still think that the price will even dip more, December have always been a good month in the past but it is clear now that the past does not determine what will happen in the future as I still see Bitcoin dipping unlike the previous December. However I have decided to take the price or the dip as I see it and I might even buy more because regardless of how low the price of Bitcoin gets we still have many years ahead and countless ATH to come in the future so right I have know that I have absolutely nothing to lose and I'm not worried about nothing but just keep buying if you can.

The market is still fluctuating. There is no event that can affect the market at the moment. Again, December is Christmas and the end of the year, so people are busy with holidays, so people are more concerned about selling than buying at this time. However, for those who are buying Bitcoin using the DCA method, this is a golden opportunity to buy more.

[Japinat]

November really make me disappointed.

I thought December would be bad because this is the last month we can hope Bitcoin will make new ATH, there are still 21 days left. Thankfully, there's a sudden small pump recently, I guess we can wish if Bitcoin will break new ATH instead dump and will recover after 3-4 years later.

With the sudden price of bitcoin these days, I am starting to see December is really full of surprises, and hopefully before this year ends, new ATH will be achieved. However, I'm also open to the possibility that bitcoin has not recovered completely, and that we may witness another price crash later this month. For that, its still best not to expect so much but remain calm and keep hodling whenever the price drops low again.

Bitcoin is highly volatile and that makes it very unpredictable as well, so as much as possible, we should always be prepared whatever the outcome is, the important thing is we never risk our coins selling them at a loss price.

[Stable090]

What are your short term price expectations,  and as a trader like speculators,  is the current bitcoin price good for new positions, is this the best price to buy more bitcoin and if that is what are the short term, let say from now till middle of December

Am not really expecting much from bitcoin this December. Bitcoin price is currently $93k right now, and I don’t expect bitcoin price to even pass &100k this December. I feel bitcoin price will be around $90k-$97k, am not really expecting much from bitcoin this year again. Actually anything can happen because we just making speculations, nobody is sure about what’s going to happen next.

If you are planning to buy more bitcoin, then I think this is just the right time, I don’t really think we going to see bitcoin price lower than the current price, and I expect a upward movement from the current price, but it might be next year. So I think even if you won’t be holding for long, if you can buy now, if you are lucky you might be in profit in the next few months even if the profits won’t be much.

But actually I always encourage long term investment, if you are planning to invest in bitcoin, just buy and hold for long term, and it’s always less risky compare to short term investment or trading.

[skarais]

~~~

The market is still fluctuating. There is no event that can affect the market at the moment. Again, December is Christmas and the end of the year, so people are busy with holidays, so people are more concerned about selling than buying at this time. However, for those who are buying Bitcoin using the DCA method, this is a golden opportunity to buy more.

Anyone who buys now is someone who has a long-term plan, they are holders. Some holders have already sold and secured returns, but those with other sources of income will likely continue to accumulate. I personally am not planning to accumulate, I have decided to sell and secure profits, and I will not regret it if the Bitcoin price hits a new ATH.

[Natalim]

I don't expect the price to increase much, since it's been sideways for a while. But I don't know what may happen in the next week because since yesterday, the prices have only moved slightly and stayed the same. There may be a move to $90k next week but it could go down to somewhere.

Seems still difficult to reach $95k in a short time, but optimism will always be there. I only wait for the price to go down, buy more, then wait for the price to go back up.

If the price doesn't move, I may buy small amounts and hodl it. Then if the price goes down, I will buy another. Let's see it later.

Bitcoin has now reached $92k and hopefully, this is the start of bitcoin hitting its new ATH. The only way here is to be optimistic, or else you will also feel unmotivated to keep going with bitcoin, and that's something that any investor shouldn't feel regardless of what type of investment they are currently in.

For now, I'm still watching closely the market and see how bitcoin price moves. But I have no plans of selling yet, just focus on DCA.

[boyptc]

If we keep looking and trying to catch the lowest price bitcoin can be, our minds would tell us to keep on waiting because even if it hits back $10k-$20k, there will be another goal of waiting it at least $1k-$3k.

I am not exaggerating it and making only the prices as an example that has happened to many of those investors that have waited for so long and yet, they have never achieved it.

The price for this month, if it's in the $90k down to $80k, it's a good buy as we'll usually say because it could be back above $100k soon.

But with things about the 4-year cycle, this is another thought that will give the worry to those investors who keeps on waiting.

So, the perfect solution is to simply DCA.

[suzanne5223]

Seeing the way it's going now I honestly don't expect anything and I still think that the price will even dip more,

You don't expect anything from the market when it presents the chance of buying the dip?

December have always been a good month in the past but it is clear now that the past does not determine what will happen in the future as I still see Bitcoin dipping unlike the previous December.

It is not always all December that is bullish for Bitcoin, and if you check the previous BTC halving year, you'll see that there's always some market correction during the last 2 months of Q4, with the inclusion of Q1 of the following year, after the halving effect market which mean next year correction will be bigger than the current correction we're seeing.

[Asuspawer09]

This is probably just going to be a steady market price this December since we see a huge pullback in the price in the past month so we could expect the price to stablize this december, some articles are hyping the market that it is going to skyrocket again in the next 6 months so december probably nothing to expect since we already in a price increase since from the market prcoe of around 50k$ skyrocket up to 126k$.

Market is still stable so this is a good time to accumulate Bitcoin for most of the trader, it might be a little high but slowly acumulating Bitcoin anyway is going to minimize your risk in investment as long as you do it consistently like weekly or monthly it would not matter a lot since you are accumulating slowly, and slowly you are building your position and with that position you could sell at any moment if you stablish it around that price, so even if the market price drop you could just continue on buying anyway and it is still going to be a profit in the long run since you are aiming for a higher market price in the future, your not going to lose unless you sold in a much lower market price.