Bitcoin and Ethereum Price Predictions: Is December the Start of the Low Season?

The cryptocurrency market is gaining momentum in December with the total market capitalization reaching $3.37 trillion. Bitcoin leads the market with a dominance of 57%, followed by Ethereum with 12.8% Altcoin seasonal index At 59, this suggests that Bitcoin’s control remains even as altcoin activity begins to stir. Investor sentiment is at Extreme Greed (84) on the Fear and Greed Index, reflecting increased confidence tempered by the possibility of increased volatility. Institutional confidence is also rising, as evidenced by $1.976 million in ETF inflows, indicating broader market support.

Signs of a possible crypto rally are fueling speculation that December could bring a rise in altcoins. ChangeNOW, a no-registration cryptocurrency exchange service, reports increased transaction volumes for Bitcoin and Ethereum. Smart investors and large holders who care about security are using the platform to accumulate their holdings, suggesting that these coins could soon grow.

Bitcoin aims for the next resistance as bulls push the price towards new highs

Bitcoin is currently trading between $97,669 and $98,716, showing strong momentum. Over the past month, the price has increased by over 33% and in six months it has gained more than 43%. The bulls appear to be in control and are pushing the price close to the next resistance level at $105,541. Should this level be exceeded, Bitcoin could target the next resistance at $115,588, representing a potential increase of around 10%. The Relative Strength Index is above 60, indicating positive sentiment, and the MACD is in positive territory.

Given the current market situation, it could be an opportune time for those thinking about Bitcoin, which is available on ChangeNOW with no registration and no hidden fees.

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Ethereum is showing bullish momentum given the price increase

Ethereum is trading between $3,395 and $3,596, indicating a possible uptrend. Over the past week the price has increased by 6.78% and over the past month it has increased by 36.08%. The relative strength index is at 53.75 and the stochastic indicator is at 65.90, both indicating bullish momentum. The 10-day moving average of $3,576.74 is slightly above the 100-day moving average of $3,489.55, indicating further growth. If Ethereum clears the next resistance at $3,770, it could target the next resistance at $4,242 for a possible increase of around 20%.

Current market indicators reflect a bullish influence on Ethereum price action. This coin is available on ChangeNOW with no registration and no hidden fees.

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Diploma

In summary, Bitcoin and Ethereum present unique opportunities for investors and traders in December. Bitcoin remains influential and shows growth potential, while Ethereum continues to attract interest due to its evolving features. For those who want to invest in these cryptocurrencies, ChangeNOW is an excellent platform for transactions. It allows users to exchange, buy or sell these coins without hidden fees or the need for registration, increasing security as user funds are not stored. With support for over 900 cryptocurrencies, unlimited transaction volumes, and the ability to purchase crypto with a bank card, ChangeNOW offers a convenient and secure way to participate in the crypto market.

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