Topic: Bitcoin sentimental discussion for November - page 3. (Read 647 times)

Expected, but bitcoin can move in any direction so it is impossible to ignore any one of them.

Regardless of who wins the presidential election, I think we should know what to do with these investments. Preparing everything from now on is certainly necessary, it is anticipation so that we don't miss the moment. If bitcoin goes down, then we should know what needs to be done, and vice versa. But I hope there aren't any really bad panic attacks this month regardless of who the winner is, every investor needs to consider a lot of things.

It will be Novembull... 

I saw some tweets from Elon Musk saying the polls say Trump will win, some other news Kamala Harris will win... It's a different perspective but we don't know who will win yet because the election is coming up.
Since the last few days bitcoin has decreased this may be due to other negative news effects.

If Trump wins there is a possibility of bitcoin going up this month, I see in terms of Trump continuing to push bitcoin.

ATH this month is very possible. The weekly chart seems to have a good indication that it will bounce up to new heights. Based on the data above, the month of Nov is greener almost all the time. Although the monthly chart is where it gets confusing, probably the reason why there are still large institutions that are not getting in.

A lot is still not holding though. It seems ideal to trade in the 4-hour chart just observing the up and downtrend fluctuation of the prices.  

Yep, pretty hard to tell before the US election on Tuesday. However, the polls on Polymarket seem to be flawed and I really doubt there is such a big margin.

A Trump win likely sends us to new all-time highs quite quickly, maybe even a sick election daily candle on Wednesday. If Kamala wins (which is quite possible, if you go out the crypto election bubble) we might get a decent dip. However, imho this dip is for buying. No clue if we get all-time highs in November then, but midterm it doesn't matter who wins in the US.

That's why I am pretty confident we will get higher prices in 2025, likely above $100k.

It is not about Trump buying a bitcoin or selling off because no amount of bitcoin that trump can buy that can actually pump up high the market or a sell off, the amount of bitcoin needed for that is definitely way much that he can spend now on a bitcoin. The effect of Trump on bitcoin is felt when the investors actually shift their market sentiment towards his decision, the bitcoin price is affected by demand and supply and categorically this is influenced by the investors sentiment.

The main reason why many people feel like should trump wins there is going to be a pump is because he is seen as some inclined to supporting the decentralized market so should he wins more investors will be bullish on the perspective that his regime will bring in new relaxed and flexible restrictions to the space and as such this bullish sentiment will lead to more demand and increases the bitcoin price and vice versa should he lose.

My take is always to actually stick with the historical data and it is that bitcoin price will pump up base on the historical trend as such with market price moving close to a new ATH last month I believe we will be getting a new one this month

This Bitcoin price increases that is always tied on Donald Trumps, does it mean he buys more of Bitcoins when he gains positive awareness or he sells his Bitcoin assets when he fails to achieve those positive expectations surrounding within his political ambitions that he has so much effect on Bitcoin like that as speculated? Or does he
also influences those huge whale accumulators with related action with their Bitcoin?
The last time I remembered when Donald Trumps was on debate with Kamala Harris, Donald Trumps was slammed but yet Bitcoin price was popped (increased)  
So I really don't know how and why Trump is usually an in-between on Bitcoin price.

As for Bitcoin price on the month of November, our predictions would still make different as usual.
We would only get what the November month brings but then, investors would always anticipate for a price increase as the goal is to make profits while invested on n Bitcoin.

To my own view, Bitcoin price would keep jingling within the margin of the current ATH in this month of November but breaking a new ATH is untold but though it is possible to meet a new ATH crossing to the month of December.
I think I talked kind of fluctuating here. Lol
That is literally how fluctuating Bitcoin has us that we can never be sure of its next move.

I'm more on the no side. We're probably not seeing Bitcoin go back up to 72k, maybe 70k at most. Probably going to see that usual steady line in the market for the month. At most, going below 67k maybe? Pretty sure if we were expecting anything bullish, we'd have already seen it when Bitcoin went up to 72k, but we didn't. We dropped off and at this point, a slow and steady drop off.

There's also the possible reaction the market will receive once the election happens though. Personally I feel like it isn't (or shouldn't) affect the market that much, but eh, kind of too big for me to judge. Either way I don't think we'd go past at least 80k this month. We can probably see that next month instead.

Not entirely, but it do affect Bitcoin.

Most people are overreact news from big people, we know that Elon Musk tweeting Bitcoin logo doesn't give any meaning or politicians that talk about Bitcoin doesn't enitrely support Bitcoin. But, people think they're support Bitcoin and it's a sign for pump.

That's why Bitcoin price increase when they're doing that.

We’re still expecting something unlikely to happen since Bitcoin’s price remains as volatile as ever. No matter who wins, we can’t really predict how the market will move. However, I think Bitcoin’s price will likely keep rising as the holiday season approaches. I checked past price trends, but it’s still not enough to say things will follow the same pattern this year. I’m certain this time is different—not just because of the U.S. election but also due to shifting investor behavior. And in my view, that could have an even bigger impact than the election itself.

Does it mean that Bitcoin has now depending on a political party to soar it's price or what? To me I don't think we should be equating a political discussion to bitcoin as I know politicians are anti-bitcoin and I don't expect action to have effects on bitcoin price because they aren't in control of bitcoin right from the inception of bitcoin. Yes there would be affects due to some people believe that Trump would have positive moves towards bitcoin while the other opponents seems to be anti-bitcoin who does not love bitcoin.

Now judging from history we can always say that October-December is always a good months for the bitcoin price increase, although there would be a little hinderance since it's believe that the election will have so much effects on the price, otherwise I am always bullish on this Q4 of 2024.

There is a high probability that the value of Bitcoin will increase a lot if Trump wins, but we cannot expect anything positive in the case of Kamala Harris. The election is only 2 days away, and Bitcoin is now worth $68K. We will see the next movement of Bitcoin after this election, but without seeing the final result of the election, it is very difficult to predict the next movement of Bitcoin, the next positive or negative movement of Bitcoin is completely dependent on the result of this election. Let's see who wins the election and how Bitcoin moves next.

Aside from the election results that will impact the markets, let's not forget that the Fed is expected to make two more rate cuts before the end of the year. And to me, that's going to be a more important factor that impacts the market than the election. But with recent data released, many predict that the Fed may only cut rates once by the end of the year. If that prediction comes true, I'm not very optimistic about the last two months of the year, not just November.

Honestly, does anyone else feel like things are stagnant and gloomy? Things are not like previous bull cycles. I don't want to be alarmist but I have a feeling things are getting much more complicated and unpredictable than previous cycles when there were a lot of geopolitical events impacting the markets.

Yes, as long as the support line will hold, thus maintaining that $68k-$69k price range, we will all be good. However, there is the US election in the next 2 days, and I will say that it's going to be a big factor, it could really be a breaking point for us if Trump wins pushing the price to near levels or all time high. Or if it is going to be Kamala Harris, then there could be a major correction.

Although we are still in the center of the bull run as we have 2025, a full 12 months so make the price to the six figures that we all have wanting to see, but this month is going to be very critical and it's hard to say whether we will continue to be bullish or not.

Although today is the weekend, the market is usually not very volatile, but right after Trump's support dropped, Harris' support suddenly skyrocketed on the polymarket. Bitcoin also immediately dropped below $68k, which shows that the outcome of this election will have a significant impact on bitcoin, unlike every previous year.

I thought the election wouldn't affect bitcoin much but I guess I was wrong, if Trump doesn't win, we'll even have a serious dump that's inevitable.
In my opinion, the trend of bitcoin in November depends entirely on the election results. If Trump loses, don't expect the market to continue to rise and the bull season will be delayed further.

realistically speaking, feels like we're about to see some red market this month . the october isn't bullish enough for november to carry on the rally, instead according to the data you showed, when october is not that bullish, november have tendencies to be bearish. well I guess i just need to look out for this possibility.

it seems BTC just gonna accumulate for a while around this level, probably side way around $64k - $69k, hopefully this is not the case, but it's always possible.

overall the sentiment toward BTC market still neutral, haven't seen that much bear posters either.

Retraction for 4 days but Bitcoin remains good on its start to November.  With the 50 day average crossing back above the 200 day, the medium term is set fine alongside a good setup longer term also.  

The only question remaining is for the last 2 months of 2024 and I think at worst it will be a middling performance but with a better then average chance we outperform.  Certainly so long as BTC remains above 69k we can do better then previous months going back to the Spring.   But this moment is pivotal as BTC is placed just on that 69k level now, this was the top area for the last couple weeks and further back about 3 months of the year was capped in this area so it has some volume so we have an easy indication for progress going forward.

we can't say at this moment how bitcoin market is going to react to this November sentiment and for some reason, the bear market is beginning to bite hard and for that we have to make sure to put every necessary thing in consideration before we make any predictions as for which direction Bitcoin will go in this month of November 2024 because from the look of things, Bitcoin can go in any direction and the tendency to go in the negative direction in this period is there so we have to be bold and smart enough to make every necessary attempt to remain at advantage.

Bitcoin before November have been on the positive Outlook, and for sure it will continue like that for a long period of time, but for us to determine which direction Bitcoin will go in this current month of November 2024, is somewhat hard because of the current conditions in the market.

Could the current correction in the market open the door for more dip market, or will Bitcoin be strong enough to make a quick recovery this are what we have to consider before making any predictions and speculations.

yeah it hasn't and depending on who wins there might be a dip next week
But the speculation is on November and not next week
So I'm optimistic.

Funny how the supporter of bitcoin is also a Shitcoiner.
Well all we can do is speculate
Let's see how the election and November plays out.

But did you know that bitcoin has not been in political level like this in the past. The presidential candidates were neutral. Unlike now that one is really optimistic about bitcoin which makes the crypto community to like him while the other remain neutral.

Although I am also bullish in any candidate but I am not sure how the market will react for some hours if Trump does not win. I I think this affect the market for some hours before recovering.

We have seen all that Uptober could offer us, both the bull and bear market aspects of it all, now over to November, if we are going to judge by the today and yesterday performance of bitcoin, we can draw a little conclusion that the market may go bearish for now, though we still have the whole month to see how it could perform, but for now, investors should check well their chart and speculate like never before to see that they are right about their feelings on whether to go bearish or bullish regarding this month of November.