Topic: 2023 end game sentiment check - page 3. (Read 727 times)

this is why keeping tabs on what may happen to the world in these final months will help us on what may possibly happen to this market. as the market is very volatile and influenced by so many factors, what we can do is wait and see what's gonna be happening in these coming days. we need to look out for these big stakeholders about what they are doing and we can get insights on where they are heading at.

Bitcoin will reach as high as $50,000 by the end of the year.
This might be higher depending on what will be the verdict of SEC with regards to the Blackrock fling for a Spot Bitcoin ETF .

If it will not get accepted this year, I guess the safest one would be at around the $40,000, but if out of nowhere it gets accepted, my prediction of $50,000 might be too low. On the other hand, there might be a chance that it will go below $30,000 again, but the chances are low unless there will be some bad news happening that will affect the market.

Base on history, Bitcoin's price tend to go up during the final months of the year, so there's a chance that it might happen again.

According to global economic indicators, a recession in the United States is inevitable. In this case, there may be a decline in the cryptocurrency markets in the coming periods and another decline such as the covid decline in the Nasdaq S&P stock markets can be expected. If the conflict in the Middle East escalates further, the situation could be reversed. Gold and Bitcoin will come to the fore as capital preservation tools and, sorry, the markets will continue to feed on blood.

In the opposite scenario, we could face a prolonged period of high interest rates, tight monetary policy and limited liquidity, and the crypto bull market will come later than expected. The end of 2023 is just around the corner and the escalating conflict in the world is preventing Bitcoin's decline and declining demand for Bitcoin. The continuation of the war in the Middle East seems inevitable and I think Bitcoin will close the year above $40k.

The month of octobar remains positive mostly due to its previous month's usual negative price action. The month of november can be positive or negative but from december to march before the year of bitcoin halving, the bitcoin market shows a correction to liquidate long and short positions is mass before the bull starts its rally. This is historically accurate but this time it can be different though i think history will repeat itself this time too. I don't think the bitcoin price will exceed 40k this year nor will it go down to the $28k level.

But, I think there are also times that it wasn't followed, so don't be too confident. If only the history always repeats itself, many or all of us here are now rich because we already know what are the things that we will do. There's are also people who simply lacks in patience. So even if some things repeat, they don't have any coins anymore to sell during those best moments. We can cross $50k but there are no guarantees that it will continue.

Well, at least we see that there is still an effort. If we can make use of the fluctuations we can still earn. Not only traders can do it but investors too. Specifically the short and mid term one's

This will be a good thing to mark the end of the year with because better is the end of a thing than the beginning thereof, just as October had already been seen for this to begin the season for bull, now if we also have the remaining months left for the year to serve as bull market isn't bad, because we've been on the dip for a while hoping for season like this to come.


We can experience a surge in the bitcoin market price at any time, there are many factors that can be a determinant to set for this kind of experience each time we are due for that, the remaining months in this year are likely going bullish.

I could not find the option that I wanted to choose in the poll because I believe it won't go sideways but it would also not go as high as creating a new all-time high just this year. The maximum that I can think of is maybe $40k or $42k because there will obviously be small corrections every now and then, and I believe that will be a great start for the most anticipated bull run if Bitcoin manages to go above $40k before 4 months to the halving event coming in April 2024.

I could also say that the price will drop below $30k once again but I'm not going to because I saw the market going down to $33k after reaching $35k but it couldn't go lower than that, so I believe the upward movement is much stronger than the drop at the moment which will probably become the reason for it going up more.

I may sound like a broken record again, but I believe that because of some macro-economic and geo-political conditions, there's a possibility of something unpredictable, a Black Swan that could happen that might get eveyone by surprise. A "Lehman Moment, A Nuclear Strike, another Virus like how the pandemic started during 2020?

But what that truly is though is another golden opportunity to, Buy the DIP and HODL. Bitcoin is priced higher away from the discount level. It's probably good to start lessening DCA and wait for DIPs for bargain hunting.

It was very interesting to see the picture. We have many scenarios that could happen to Bitcoin and this image is one of them. We will never know how Bitcoin will move later. If there is a deep decline first before the price rises high, it will make people who are not ready for its arrival panic.

But it would be a good time to accumulate more Bitcoins. There will likely be a decline before and after the halving. I don't know whether this is right or wrong. And it looks like, at the time of the halving, if it does go down, it will be like a massive cleansing process from the market before the altcoin season comes.

Maybe we will see a change in the crypto market where the position of the coins might also change. This is becoming more and more interesting to follow

@STT. It might also be they do not care because they have already made much money for their needs, wants and for their retirement. The price pumping to another all time high will only be something similar to a bonus hehehe.

In any case, what does everyone think of this speculation? I only found this on social media.

I think all the options on the poll are valid even 'dont know dont care'.  I heard people who've held BTC for ten years say that because they place price secondary to the utility in BTC.  They are the earliest bulls on BTC and way back in single or double digit prices for BTC I thought little of its longevity potential; it might be key that price isnt the most important factor, its the tail not the head of the beast.
  Anyway I placed my vote and options close in a day, any vote is valid to be changed if the last week altered anyone's opinion.  Not trying to rush anyone, I often take a while to decide compare contrast all that
 

I think this is a huge guess and difficult to predict though. We've already seen the price of Bitcoin fall below $10,000 as many people said at the beginning of the year, but we haven't gotten to the point where we've been through those times. And I believe we have passed those times and currently the BTC market is in a good position so I guess it will not be possible to go back to that state.

As currently we have seen a lot of pumping in the bitcoin market as compared to before and has touched a maximum of $35 dollars. According to that we can say that no further down is possible and Bitcoin will run to higher levels in coming days. As we can see the market position is very good right now and next year our bitcoin will be halved so the market is likely to grow further towards the end of this year. And I guess by the end of this year the Bitcoin market peak ATH will be around $45k. As Bitcoin halving is not long until next year, then there is a bull run in the Bitcoin market and at that time Bitcoin will go to all time highs.

ETF approval remains in doubt - but there is optimism about it. The market still has good potential to climb higher towards the end of the year - even if ETFs don't show anything more positive. The halving that will occur in 2024 is expected to have an impact on increasing demand - so we are likely to see large investors coming in towards the end of this year.

Today bitcoin is still above $34K - that is to be expected. If bitcoin price can stay above $34K longer - then I believe there will be a bigger rally in November, so no manipulation is expected.

Bitcoin already came through with the positive sentiment. Now I think that other innovations will capture some deserved/lost value, while more positive inflow happens daily by institutions who are aiming to be providers of the ETF.

Gradual positive btc inflow, trickling to worthy alternative protocols, feels like what the coming months will entail. This is a conservative view as sentiment is crazy right now...and institutional impatience could send Bitcoin flying upward in the click of a few buttons. I'm very curious to see how the rest of the year plays out, and what will happen in early 2024 

The expected ETF approval might also be one reason why bitcoin price looks bullish. If the headlines about the fake approval made bitcoin price to jump high suddenly, then the more we will expect a great move when the real approval is already happening. However, that's not going to happen this year but most likely on the first quarter of early next year based on the news so probably, we might encounter first some price decline for bitcoin before it hits a new bigger price. And when that happens, a lot would be entering the market again not because the price is currently low but because they believe that after that, bitcoin will eventually create a significant price increase that's unstoppable. Although the assumption is not quite bad, but make sure when that happens, never invest more than you can afford to lose. No matter how affordable bitcoin is, always risk the money that is acceptable to lose.

I can't say that we're moving into bitcoin's new all time high but I am positive that the remaining months of the year will bring higher prices for bitcoin most especially that the last quarter of each year are the best days for bitcoin. Although there might be some price corrections or market crash in the process but I'm quite certain that it will never drop so low like $20k below.

However, all we have at the moment are just pure assumptions. Bitcoin may continue to move up or the other way around. But one thing is certain, if ever bitcoin price makes another significant price drop, then never miss that opportunity to accumulate more bitcoin in preparation for the next year's awaited event, the bitcoin halving.

From what we have seen in the price lately we are going to see Bitcoin end up the year pretty well, Right now we have a high chance of seeing the price go up rather than going down to 20k as suggested by the poll, So at least I'm expecting to see the price do a price increase to $45k -$50k or even more from the current price towards the end of the year,  Because Bitcoin almost met my terms of expectations from my analysis.

The market of cryptocurrency especially bitcoin is getting positive since 13th or 18th of October, so the way I'm the the acceleration of bitcoin price  I believe that this remaining month's in this 2023 been November and December, so I believe that the price of October will lead us to enter into 2024.

When you ask me to predict the price of bitcoin I don't think that I can guess or predict accurately, the fucking thing in bitcoin is that nobody can predict the price accurately, it can be up in price and next five minutes or hours it will change to another price.

The way I'm seeing bitcoin currently I believe that the price will continue to be rising until this year get to an end the way, I'm seeing the price of bitcoin increasing instead until this year get to an end the way I'm seeing the speed of bitcoin increment recently,  I don't think the price of bitcoin will be in any way fall back to twenty thousand [20k]
or below thirty thousand [30k]

We should know that one of the major reasons while bitcoin get increased should be as result of information, so bitcoin as it getting into bull season it maybe that their is investors that is into bitcoin investment that makes the demands of bitcoin is higher than the supply...because its only when the demand of bitcoin is higher than the supply due to information obtain from investors do make bitcoin market to continue to be flourish.

We have seen all the signs which has happened in the previous bull runs like pump in the value of bitcoin and altcoin following the same path. But this doesn't possibly mean we will have a bull run because if this turns out to be bull trap then it would be a disaster. I feel Bitcoin will breach $40K by the end of the year atleast once and if it sustains more than $40K for a fortnight then it will be racing towards new ATH.

I do agree that it will definitely end as well as we could hope for, not something unrealistic like breaking over ATH or something, some people expect that but I feel like a maximum of 40k would be good if we can break that then we will be doing fine and that is not going to be all that bad. I know that it is going to be a period where we could be seeing it grow bigger and better eventually and that should be an important case for us. If we can finish the year on a strong note and just do better with time then we are going to be carrying that to the new year and be happy about it.

I think it is possible, we have just two months left, November and December which means that if we do not go back under 30k, and keep growing and reach to like 40k during this next two months then 2024 will start a lot better. Why is that important? Because if we can carry the momentum then we will have halving and then that would be another hype that will take it even higher in the future.