Bullish December Bitcoin price predictions contrast with the present status quo as investment targets plummet well below $55k. In addition, the majority of the altcoins are asleep at the wheel with nil volatility. However, protagonists and analysts across the space are still optimistic about flagship assets to hit $100k in the next 30 days.
Bitcoin Price On the Horizon of High Bull Cycle!
A popular crypto analyst PlanB recently addressed his Twitter followers on a failed Bitcoin price prediction for November. As his bankrupt predictions became a subject of ridicule on social media. Yet in his recent tweet, he backed his S2F price model and was still hopeful of his given targets of $100k by the end of November.
Moreover, crypto analyst Micheal Van de Poppe has shown his confidence in the approaching bull cycle for the flagship asset. As the price has been thriving hard to come out of the rangebound scale over the past week, a little more dip might be incoming. In the case of bearish dominance, the price would plummet below $55k. Further, the analyst mentioned initial buy-in opportunities are between $53k and $54k, and further to look out between the price range of $47k to $50k.
However, as the traders are in high spirits of a massive bull cycle in the upcoming 30 days, the next couple of days would be crucial for Bitcoin price action. According to Micheal Van De Poppe, the most dominant asset would range between $350k to $450k just in case of a peak high bull cycle.
Collectively, Bitcoin price would undergo turbulent thanksgiving prior to the major leg up in the next 30 days. However, holders of the currency have something to be grateful for in Q4. Yet, probabilities are still high on the extreme bull run by the end of December.
Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.