I believe Bitcoin can reach $50k during this Christmas what do you think?

[SamReomo]

I have been speculating the price of Bitcoin and reading it's charts on daily basis to see what's going to happen  and I can see some positive upward moments in price of Bitcoin and if those moments get intensity then it's possible to see Bitcoin at $50k during the Christmas time. If that happens I'm sure that Bitcoin can easily cross $120k mark in this bull run.

[Obari]

I have been speculating the price of Bitcoin and reading it's charts on daily basis to see what's going to happen  and I can see some positive upward moments in price of Bitcoin and if those moments get intensity then it's possible to see Bitcoin at $50k during the Christmas time. If that happens I'm sure that Bitcoin can easily cross $120k mark in this bull run.

Since everything is about speculation as no one is certain about what the price of bitcoin might be, I think I wouldn’t have to talk down your opinion because I also believe that before the month ends, the price of bitcoin should have rallied up to $50k but I don’t think the next bull run will take it to a $120k all time high but I think there will be another bearish season before bitcoin would hit that price.
I hope to see bitcoin price at $50k before the year ends .

[Tribalchief]

I have been speculating the price of Bitcoin and reading it's charts on daily basis to see what's going to happen  and I can see some positive upward moments in price of Bitcoin and if those moments get intensity then it's possible to see Bitcoin at $50k during the Christmas time. If that happens I'm sure that Bitcoin can easily cross $120k mark in this bull run.

Nice prediction, but I think the appropriate word should be December and not Christmas. The statement makes it feel as if it's going to hit $50K on December 25. Nevertheless, we all understand how certain and uncertain things can be in the crypto market. $50K isn't that bad, considering current happenings. Let's hope for the best, bro.

[SamReomo]

but I don’t think the next bull run will take it to a $120k all time high but I think there will be another bearish season before bitcoin would hit that price.

You mean that it will take Bitcoin more than 4 years to reach the $120k value? I think that Bitcoin will not only reach $120k  but it can cross it in this bull run. I believe that this bull run is going to be highly intense due to the ETFs and the intensity could be so high that it may easily cross $120k value but for safe guess I will still go with $120k as ATH of this bull run.

[Hatchy]

Well, the price of Bitcoin cannot be predicted and exact but using its recent price chart, we can be rest assured that it might be able to hit the 50k price before the year runs out. Just as @Tribalchief has said, it would be more appropriate to say at the end of December instead of Christmas. Next year we might be seeing more bullish movements from Bitcoin so, it's best to get prepared and buy as many as you can now before it's bull.

[James Anderson]

If BTC hits $60k before Christmas, then we predict that BTC will reach a new high at the beginning of the year.

[Thyplaymaker]

One thing about speculating is that is not that certain, but the way Btc moving its has the potential to reach or to beat 120k$ as it's new ATH.
If that happens that will be joy to all Bitcoiners that are holding.
 So let keep watching and hoping for the best.
Btc halving still at the corner.

[SamReomo]

If BTC hits $60k before Christmas, then we predict that BTC will reach a new high at the beginning of the year.

I like your positive attitude about Bitcoin's price but I think it would be very difficult to reach $60k this year and a new ATH is not going to happen anytime soon before approval of ETFs. But, if it even reaches $50k during December it would be a really positive thing as the bull run may reach its peaks sooner then expected. For now let's hope to see Bitcoin at $50k either during Christmas or during the final days of December.

[Daughter]

Bitcoin will not hit 50k as per the pedition of this month because if you look at the annual chart you will see that November is the most bitcoin pumped. So it is safe to say that Bitcoin will not pump much in December even though Bitcoin is hitting 44.54k this month. That's why I hope to hit 50k in January. Also I think the price of Bitcoin will decrease a bit. .

[Kemarit]

Bitcoin will not hit 50k as per the pedition of this month because if you look at the annual chart you will see that November is the most bitcoin pumped. So it is safe to say that Bitcoin will not pump much in December even though Bitcoin is hitting 44.54k this month. That's why I hope to hit 50k in January. Also I think the price of Bitcoin will decrease a bit. .

Although if we look at the current increase this month, or for bitcoin price history for that matter,



https://www.coinglass.com/today

We can say that we are already in a huge increased and there is also a big possibility that the bulls will continue with this energy till the end of the month and pushes the price to near $50,000 levels.

So anything can still happens this December, currently price is $43,033.28 as per CMC.

[Bliznec]

Catholic Christmas is coming soon. Bitcoin has crossed the $40k mark. Today, many are preparing for the holidays; the New Year is ahead. In addition, I expect a slight drop in Bitcoin. 50k dollars per bitcoin I think is very difficult. No, that won't happen! Perhaps after the new year, after the adoption of ETFs.

[SamReomo]

50k dollars per bitcoin I think is very difficult. No, that won't happen! Perhaps after the new year, after the adoption of ETFs.

It maybe difficult but not impossible as the current price of Bitcoin is already over $42k and we have 10 more days to go at least to see what happens during Christmas and 15+ more days to see what could happen in the month of December. Let's be optimistic about Bitcoin's price and let's see what we will get in the month of December. Well, ETFs can significantly increase the price of Bitcoin but even now the price seems bullish and if the bullish trend continues then $50k can be achieved easily.

[retreat]

I don't think that Bitcoin will touch 50k USD this Christmas seeing that the movement of Bitcoin is still stagnant and there is no news that will push Bitcoin to break through its psychological level. But if there is positive news coming from the market it is possible for Bitcoin to break through to 50k USD.

[0t3p0t]

One thing is for sure based on the Bitcoins current price that it won't go passed 2021's ATH. I think it will just stay between $40,000-$50,000 by the end of this year. No possible hype is coming up aside from what they've called fake ETF approval but yeah unlike in 2017 and 2021 where it surged that high.

[owlest]

I believe that the value of Bitcoin can reach such a figure. However, I am more concerned about its price in the spring and summer of 2024. Typically, after a winter rise, we expect a fall in spring and summer. However, the halving is scheduled for that time, which disrupts the trend. January would be the best time to sell to buy more coins in summer, but I cannot make such a prediction now.