Post
Topic
Board Speculation
Re: Bitcoin price prediction for before/after new year
by
livingfree
on 06/12/2019, 08:14:57 UTC
What do you think is going to happen with the price of bitcoin until the end of the month?

My opinion - it's probably going to hover between 6600$ and 7500$ until december 24, then it will try to rally to around 9900$, and maybe hit bottom at around 5000$ by mid January, to make it easy for whales to buy before the halving.
Don't look to the perspective of monitoring to the price of bitcoin for a very short time. It is lucrative if you're looking into it the long term way because it's not an overnight success the way most of the investors thought of it before.

It's likely that we'll hit a new bottom before the halving but I don't look into that speculation. I'm becoming more positive the way bitcoin recovered after it hit $6,400.