This year has been pretty bullish for Bitcoin, no doubt. Typically, December tends to stay positive, but I feel like the price might not shoot up or drop significantly this time. What are your thoughts on where Bitcoin's gonna be before 2025? Do you think it’ll dip below $90,000 or hit that six-figure mark?
Most times, it's usually very uncertain for what price can do next but following the price analysis, it's pointing that price will definitely get to $100k+ before it might fall. So, yea I believe that Bitcoin price is going to reach $100k before 2025.
Sorry but I vote no.
According to the pattern, we will see a small dump in December, assuming the small dump is 5%, it just make Bitcoin price go down to $92K, not below $90K.
However, last month should be dump too if we're looking at the pattern, but The US successfully make Bitcoin price rise really high due to FOMO about the election.
In December, there should be no any big thing, a big thing will happen in January 20, 2025.
With proper market analysis and speculation, bitcoin price is expected to reach $100000 to $300000 in 2025 cause this bullish market will still continue and extend as high as possible.
Ever since Donald Trump won the election, the price of Bitcoin has started to rise. We've seen the price of Bitcoin come close to $100k several times. Bitcoin price was $99595 a few days ago. The market went down again but did not come below $90k. However, currently the price of Bitcoin is $97k plus, I expect Bitcoin to be $100k this December.
It is impossible to predict Bitcoin. Bitcoin does not seem to be showing any major movement before 2025. I think Bitcoin may be limited to $90k-$100k this December. We may not be able to reach six figures this year. Bitcoin is currently at $97k, from here we may see a small dump. We may not see many buyers in the market in December. But I expect the train to leave the station for a distant destination in 2025.
Saying December is always bullish would be wrong because December has not always been bullish:
Based on historical charts and patterns, there is a high chance that the price of Bitcoin will decline this month and then start going up again for about two to three months from the start of the new year. However, it can behave differently this time because we have seen how it marked new all-time highs before expected times.
To answer your question, I believe the price won't touch six figures before 2025. It might and might not go below $90,000, though. The price is pretty stable at the moment, and if it stays like this for at least a few days, there won't be a lot of movements for the rest of the month unless something unexpected happens in the market or the mainstream world.
Checking your chart you can tell that we are not just in any December
But am halving December and historically we have closed in Greens.
If history repeats itself, we should cross the New Year above $98K worse and $100K modestly.
The likelihood of below $90K is way lower than we crossing the six digit.
So I would vote for above $100K since we ain't voting inbetween.
At least believe bitcoin to rise above $101,000 before 2025.
Indeed, the data presented in December will not be fully bullish... but I see the potential for it to be there even though this is just my own speculation, this will welcome many things including the inauguration of Donald Trump in the next year.
Who knows this will trigger another rise and remain bullish.
I expect the Bitcoin price to touch 100k at least a few times in December and retreat briefly before we reach 6-figures in 2025. There is a strong bullish sentiment in the market right now, and I believe we will see significant price appreciation before Trump's inauguration in January.
I have voted for Yes.
We are in the bull run year, and so with that, there will be huge FOMO in the month of the December as there could still be big players that are going to buy or even retail or average joe investors in the market. And Trump is not yet officially sworn as the next President. He will be sitting January 2025, so prior to that there could be a lot of anticipation and the financial market not just crypto, will be very bullish and so there will be big money flowing before the end of the year and it's going to be a repeat cycle again.
Voted to stay between 90 and 100.While I was mistaken with the last few months (happily so), it was something temporary-ish because of the election. It just stacked itself with FOMO I guess which is why we saw the price go up by so much. Highly expecting the price to just go up and down below 100k and above 95k. Probably not seeing anything below that though.
6 figures next year instead. Hype might push it to happen exactly by the new year really. Sounds like a great way to start 2025.
I voted for the option that says Bitcoin to stay between $90K to 6 figures. My thesis is quite simple: Bitcoin will remain relatively stable which will allow alts that have been neglected for most part of this bull season to run. While market is still mega bullish for Bitcoin, I don't think we see another run like the one we saw when Bitcoin took off from $60K price levels. I expect some profit taking event to take place this month as some traders sell to enjoy with family abd friends.
There is still huge FOMO on the market, so I will say that this December, we might get over that $100k finally. Bitcoin's dominant is still very high and I doubt that it will slow down or investors shifting on altcoin market this December.
All eyes is still on Bitcoin finally breaking that 6 digit and everyone is obviously watching and pushing for that price. So it's just a matter of time, but I have a feeling that it can be done this December as Trump will be inaugurated at the start of next year. So before that, there are a big anticipated and we are going to welcome him in the White House with $100k price.
I like to see it not fall. If price stays at $90000, that's a give sigh for me and I think for everybody who's holding and bought BTC under that price.
I don't want to assume that we'll get too much but $100k is just around the corner so 6 figures is very highly possible to be seen.
We're getting to the 2nd day of December and we're at $97k so, this is giving that chills and optimistic approach that it's very likely breaking 6 figs soon.
Voted for in between 90-100k. I think we won't see 100k this year, that will happen in 2025. But 1 month is a very long time, anything can happen. Those who look at previous cycles and make projections say that 100k will be passed next year. I'm on that side, and I'm in no hurry. I already feel bad that I don't have enough BTC.
6 digits is what is expected but December is still a lot of doubt because it is not a bullish month in some other history, but it is possible that it will not happen but hopefully 6 digits will be completed soon this month.
If it stays between $90K and $100K then this month is more sideways.
I think 6 figure will be achieved before 2025. But if 6 figure is not achievable before 2025 then it will not be less than $90k Either before 2025 Bitcoin may be hovering around $94k $96k and $97k this end of Q4 and hit $100k in Q1 2025. So it's under probability and or speculation. So apparently I am voting from $90k to $100k.
December is a special month, if we take only working days of where all the biggest trading exchanges are open to agree on the daily price there are few days left in this year. Even in a normal month this could be 20 days but in December because of holidays in some countries we are talking less and including personal holidays far less for some.
Bitcoin of course is special, its not just another asset another price on the screen of a trading terminal. It doesn't even need those people bound to centralized markets and Im not saying otherwise.
I do imagine volume counts most in terms of significance for the prices we trade and thats only really available during a full working week, we wont be seeing too many. Some people write off the whole of this month for importance and January start is where they next pay attention.
Also some people buy or sell during December for end of 2024 because of tax and portfolio reasons? I dont quite get that because tax means April for me but BTC is traded by companies and funds so no doubt anything can happen this month
Why would we have doubts though? I mean last month we have the biggest in history as we have gain $26,000. And with that, the sentiments are very bullish still because we wanted to target that $100k that we all have been wanting to see. So for me, I will be bullish and voted Yes as I don't see that we will go into sideway pattern, but instead will continue to grow and break that $100k as that is what everyone is wanting and so, then investors are going to push for it. It could only go sideways if we chooses to go to altcoin market and squeeze some profits for this month. But I'm not seeing any good altcoin that will give us that profits and so investors are still going to stick with Bitcoin and then see that 6 digits finally this month.