There were plenty of speculations in January, when all was rosy. But even in the bear market, many still had the believe that we would see 50,000, some 20,000 and some said 5,000 but here we are at 3787 close to the end of December.
Being somewhere around 3700 USD during the end of December isn't that bad.
I remember that,last month,there were many bearish analysis in the forum claiming that the bitcoin price will crash to 1500 USD at the end of the year.Even though I don't mind such crash to happen,we don't see such market behaviour.