Quote from: Saint-loup on December 23, 2023, 08:58:10 PM

Quote from: dwyane36 on December 23, 2023, 10:44:27 AM

So far, it looks like the BTC price has been stuck around $44k. If we look at the chart, we can see that the BTC price has been consolidating in the range of $43,3k - $44,2k since December 20, which means that the BTC price is likely to go above $45k soon. But at the same time, if we look at the current number of bets on freebitcoin, it seems that many users expect the BTC price to stay in the range of $40k - $45k after all. I mean, there is still a little doubt that BTC will be able to get above $45k before December 31.

To be honest, I don't understand what make you think it has more chance to cross the $45k mark than to stay in the 40k-45k range or to fall down under the 40k mark. My ùain bet is on the 40k-45k range but I took a small insurance lately onto de 45k-50k one since BTC price was not so high when I placed my bet. But BTC spot ETF is not likely to be approved next week, before the end of the year.

If you look at the weekly and monthly charts, if it continues to be stuck until next Monday or next week, I think we will fall again below the price of $40k - $44k because of course we are still waiting for other good news like ETF, besides that of course many people are continuing to push Bitcoin price continues to be at this level $44k till now and I am still waiting to see if tomorrow they will drop below it.

As usual when entering the market on Monday there is always a change in price and I think if it goes down then the market will go down because the weekly chart is very down unless they really push out from $45k maybe it would be better the price will increase and attract all the cryptos to enter to a bull market when bitcoin was above $50k.