It’s time for the last forecast of this year, so continue reading to find out our Bitcoin price prediction for December 2019.
Bitcoin is the number one cryptocurrency in the world, both in terms of market capitalization and price.
It was the first cryptocurrency ever to be created, being launched in 2009 by its anonymous creator or creators that go under the name of Satoshi Nakamoto.
Bitcoin is the most widely used crypto, having been accepted as a payment method by many merchants, with many starting to use BTCs in real-time.
Bitcoin Price Prediction: Analysis
While towards the end of October, BTC/USD surprisingly rebounded to $10,000, Bitcoin started going back to $9,000 levels in November. Bearish sentiments continued to rise as midway through the month of November; it started plummeting from the $9,000 mark.
Even if in the past two years, Bitcoin has seen positive movements in November, it appears that this year, Bitcoin seems likely to break the historical pattern.
The bear trend moved Bitcoin from the…