Will we find this gift under our tree?
Unfortunately, down, it is so little. Look forward to next Christmas is $2000
It's normal that the price has gone down as larger traders take this opportunity to secure profits. You can't just expect the price to keep climbing up.
And no, we won't see anything near $2000 prices as from current prices, every $100 increase that we will experience will be a very difficult achievement.
We must be happy that by next year we will sit just above the $1000 mark. If you ask me, that would be my next Christmas gift.
It seems that we are now in a serious correction. If price doesn't fall below $800 per coin, that would still be a success for December price. Anyway, this level is a good start for future price growth for the next year if support builds up there. Though I don't think that we could stop by the $1,000 mark by next Christmas. $2,000 prices and above seem difficult to imagine, but this is purely psychological. When we reliably and persistently cross 4 digits, such prices will no longer seem as unreachable and mind boggling.