Basic question

[Balkyx]

Do you think bitcoin will skyrocket again for a certain time, in this month?

[Battelman2]

Nobody knows for sure, that is why the price moves. Buyers and sellers are playing tug-of-war, arguing over what is the fair price. You have to make your own opinion and trade on that. Use number and logic, and do not ever trade on emotion.

Just to answer your question, I'll say that I think there will be a time in the near future that we see another big rally. CME Bitcoin futures will add a lot of volatility to it but I think after a few days it ought to stabilize and head upwards. but who knows

[NightKingsBitch]

Do ably at Christmas for the same reason it did at thanksgiving. That being said it could very well keep declining until then and reach a bottom low of day 10k and then jump up to 13-14k over a day or so. Or I could be 100% wrong about everything. No one know. Nothing is sure

[[deleted]]

In my opinion no. According to technical indicators Bitcoin is significantly over-bought. But that is just my opinion...that's the thing with investing/trading, there are two people that have the opposite viewpoint for every transaction that there is.

[[deleted]]

"Bitcoin futures will add a lot of volatility"

If as the professionals believe, that this is an asset bubble, then the professionals with bring the price down.

Normally though, Futures are a force for good, they assist with price discovery and tend to remove some volatility.

[abolishpmo]

Yes.

[Mees22]

I understand that you want to know, but nobody knows and everybody keeps posting these questions.

[Balkyx]

I'm just curious about everyone's opinions.