Due to lower liquidity in December, Bitcoin’s recovery pace may remain limited, potentially benefiting smaller digital assets. According to crypto market expert Vincent Paul Howard, Bitcoin’s price could stabilize below $95,000 by the end of the year, prompting investors to shift their focus toward altcoins. Bitcoin, the world’s most recognized and valuable cryptocurrency, has experienced significant volatility in recent years. Typically, December sees reduced market liquidity as investors are less active during the holiday season, leading to limited price fluctuations. This environment increases the likelihood of Bitcoin trading within a narrow range. When Bitcoin’s price remains stable or confined within certain limits, investors often turn to other cryptocurrencies, known as altcoins, to diversify their portfolios. These smaller or mid-sized crypto assets may present different opportunities compared to Bitcoin and could benefit during periods of Bitcoin’s limited movement or uncertainty. Nonetheless, given the cryptocurrency market’s inherent volatility, investors are advised to exercise caution. Factors such as market liquidity, global financial conditions, and technical indicators can significantly influence prices. Monitoring market developments and adopting appropriate strategies will be essential. Overall, December is expected to see minimal significant changes in Bitcoin’s price, which could enhance investment prospects in altcoins, especially for those seeking asset diversification.
Source: coindesk
