Quote from: Hallmader on December 09, 2019, 06:33:43 AM

Quote from: DayTrader27 on December 04, 2019, 07:49:17 AM

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.

The whales have already bought a lot of Bitcoin when the price was only $3,000. They are too late if they will buy a lot of Bitcoin only when the halving is about to happen. That is probably not the mindset of whales. Most of these whales are already buying the rumor. Before halving became news, they already bought a lot. When the news about the halving became mainstream, they are already selling. The whales are expected to be wise and ahead of the majority.

Im expecting bitcoin prices to rise up to $8k levels in coming days, and then settle at $9k levels before this month ends. As for your question regarding whales I highly doubt theyll buy at current levels or anytime soon because most of them have been selling thier coins so unless bitcoin prices hit $3k again I dont expect whales to buy.

https://u.today/bitcoin-price-slides-to-7200-is-8000-still-possible

https://u.today/bitcoin-whales-are-selling-btc-before-market-crash-peter-schiff