Topic: BTC Sentiment Poll for April (Read 530 times)

Although it would be a relatively severe correction if price returned to $23K (at -25%), I wouldn't call it disastrous. It'd likely put an end to the immediate uptrend, but we've already seen price correct -20% from $25K to $20K and continue the momentum immediately after. Call it luck or a bit fortunate (I think I would), but it was far from a disaster. The further price rises, the deeper the corrections price can handle imo.

The other reason I think going below $25K wouldn't be the end of the recovery overall is that although it acted as resistance twice before, there wasn't a lot of volume there. Hence when it did break to the upside, it didn't take weeks on end to break this resistance, only a few days. Whereas there is a lot of accumulation volume at $23K, somewhat untested as support, that'd likely be strong support (as $20K was).

There is also the bullish trending 20 Week MA that's rising (which previously supported price around $20K), now at around $23.5K and the 50 Week MA that's flattening out in a more neutral manner around $22K. Once the 20 Week MA reaches around $25K in the next few weeks (with price above) I'd probably say a pull-back to $23K wouldn't be as bullish, but right now it'd look like a normal correction to me still.


To be honest once $30K was re-tested I wasn't expecting it to move to new highs overnight. Similar to breaking $25K, there is often a sharp pull-back in order to confirm support before breaking through resistance. Even if the resistance is shorter-term, it's still a distribution zone from back in May last year, almost a year ago now, so remains very relevant. It did pull-back a bit quicker than I expected, but ultimately confirming $28K as current accumulation and support level is a lot healthier than continuing to the upside when price is getting overbought on shorter-term time-frames. It also shows the weakness of bears right now.

Now the advantage the bulls have is that price is at $29K as of typing, no longer overbought and instead text-book bullish by most metrics, not forgetting that $28.5K was also previous resistance that is effectively being broken for the second time now after the move earlier in the month. At current prices the bulls definitely have the upper hand, unless bears can increase the selling volume.

Very observant that when bitcoin touched $30k, I was expecting it to exceed the 30k in order to dwell there and form support at $30k. But since btc didn't grab hands at 30k and dropped below, there's every tendency that it will push back to the nearest support 25k and continue making moves. But if we are unlucky enough, a strong negative fundamental hits the industry, we could be heading back to the $20k resistance. I do not actually believe that we have finally left the bear market.

I think a pull back to 23k could be disastrous for BTC as it would mean going back to a range where there was a lot of resistance at 24k - 25k.  BTC shouldn't lose what it has gained and more importantly it shouldn't lose mometum.  I'd rather see it keep chipping away at 30k then go back down to 28k than a huge pull back which could mean back to bear territory.

Anyway, heard the market had some shennanigans yesterday.  Just as when you think it's going to a higher range, it pulls back down.  Lmao.  It does that.

Speculators on Twitter are just like us in seeing market opportunities.
April is considered a good month of the year for market movement compared to other months in April.
In the midst of the good market movement in April, there are also those who want the positive movement to end soon as in the last 24 hours the chart has increased towards returning to the price of $30K.

Then the thinking of those who want the market to return to bearish doesn't need to be bothered for those of us who choose the long term.

What I saw in mid-April was an increase in the price which even reached $31K even though it was only for a few minutes until the next day a correction began. But today I again saw an increase back to the price of $ 30K which really proves that the price of Bitcoin very often goes against many people's expectations. And it's possible that Bitcoin will go back past $31K if in the near future there isn't another small correction like that happened in the past few days.

There was a small correction in mid-April, which many saw as a new trend reversal and a return to a bear market. But in the last few days, the price has returned to its local high again. It was interesting to read crypto twitter, where almost everyone tried to draw charts with further collapse of BTC. This once again proved that the market always moves against expectations.

Strong bounce from the 50 Day MA currently playing out. The fact it failed to act as support last month but has so far supported price this month arguably means the uptrend is even stronger than it previously was. Personally I was expecting a pull-back to $25K/$26K, maybe even $23K, like many others, but clearly the bears failed to push prices lower than $27K after $28K accumulation/distribution zone was lost.



After 5 week consolidating in the $27K to $31K range, there is certainly room for further upside now if we see an increase in volume. My gut feeling is bit more consolidation, maybe for the rest of the week and into next week, as theoretically $30K should continue to act as some short-term resistance. That said, we saw what happened last month at $25K after price re-tested this level for the second time, it broke through with ease with enough volume. Hence whether we imminently break through $31K will remain volume dependant imo, especially while price is bullish and not yet overbought on Daily time-frames.

Locked the poll and it looks like the sentiment isn't really bullish as I thought.  There was just one guy who voted super bullish and just three of you who voted for super duper bullish.  C'mon guys...  This was supposed to be fun.  

And here's what the monthly chart looks like so far after two little pumps today and yesterday.  Not bad imo.  They add up.  It wasn't looking good for a while there.




It's starting to look good now.  Hopefully there aren't any market shenanigans happening for the next couple of weeks.

Edit:  Looking at the chart again, I think I know what you guys are thinking.  It's going to be in the next poll.  Lol.

Yes we are still in the 27K zone tonight, there has been a lot of negative news floating around the last few days, it is very likely that we have dived deeper or even over $24k, some should take their prodits to secure their investment situation and attract some to buy on the reversal next price.
The strongest indication why bitcoin has been dropping lately is most likely what they are talking about in this thread, selling that amount massively will make the price trend turn negative and encourage others to liquidate their bitcoins in the meantime.

Btc is the only coin that can raise significantly within a day or two. in fact, it is capable of surprising you at any time. March was supposed to be the month that is not very favorable for btc but it was able to perform well. Btc price movement is determined by several factors, political, economic and social. So depending on what news that will pop up next, it can be bearish or bullish. So let's hope from now till month end there is no FUD that will further dip the price.

We are still holding at around $27,300, not a good sign but we have to suckered everything right now. Lots of negative things maybe that's why the price falter from as high as $31k and when we thought that the uptrend will continue.

We still have a week before the end of this month. It started strong might this might be the first time that we might see a negative candle after a good 3 months head start.

Big things could still happen in the final 10 days of this month. $30,000 could be quickly regained just as how it was quickly taken by the bears, but it could also happen that the price would further fall to $27,000 or even $26,000. $30,000 is like a tag war for now and the strength of lower than $30,000 seems much stronger than the strength of beyond $30,000. The last 10 days of the month would be the final factor.

I don't agree that the market is considered bullish if from $28,000 it touched $40,000 very quickly before returning to $28,000.

I understand that some people look at the "drop" that we had recently and think April wasn't bullish. I would like to remind everyone that we started at about this period and reached above 30k and then dropped here. So we DID had a bull period within the month. Maybe the start and the end will be close to each other, but that doesn't mean that it should be exactly the same, it could have different approaches to it. I hope that we could go beyond that and realize that what happens in the middle also matters as well. Just because we start at 28k and end at 28k that doesn't mean it wasn't bullish, maybe 30k didn't appeal to you a lot, but would you say the same if it started 28k and ended 28k but had 40k in the middle? I don't think so. Hence consider it as good, plus we have nearly 10 more days left as well.

Is sideways too boring to say, the velocity could be zero and yet the journey not unexciting.    It doesnt seem we will be too negative imo but clearly some will be disappointed and aspirations modified.
Most likely target or simpliest view is a trade down to the 50 day average and then some recovery from there.  Of course we can better judge the outcome after the quality of recovery is observable.

I do agree that it will increase, but double? I am not sure about that. Double would mean that we would be closer to 60k by the end of this year and that looks like a lot of money, I feel like that may not happen. I know that 40k does look like a possible thing but that doesn't mean that we should do something like that, we could see it do a lot better in the near future.

I think something like 40k is reasonable because of this, because it would be going up, but it can't go up all the time, the first three months was awesome but what if we have another 3 months where it just gets stuck and doesn't move a lot? That is why it would be better if we could just simply end up with 40k, since that means even with a break like that, we could go there.

To be honest I wasn't that surprised after the initial rejection from $30K. Zooming out highlights that between $28.5K and around $32K is the trading range from May/June last year that was a "pre-capitulation" trading zone. Compared to volume traded below this level around $20K and $25K it's not very significant, but nonetheless it's an established trading zone that was previous distribution almost a year ago now.

This why we saw the initial consolidation below this level initially, in order to build up momentum to re-enter this trading zone. Personally I think it's likely we'll see further consolidation within this range similar to last year, maybe for a week or two, in order to build up the momentum to break through $32K to the upside. Either that, or correct further towards $25K in the coming days or weeks I think.


Also agree that around $28K is the immediate support, below that it's around $25K, maybe even $26K where the 200 WMA is priced. Either way consolidation at these higher levels above $28.5K remains bullish, even if the price is doing nothing but going sideways. Ideally investors can turn this previous distribution zone from last year into re-accumulation, otherwise a correction will occur.

What the fck just happened?  A few hours ago everything looked like it was gonna go trend up above 30k albiet having some resistance.  Now it's looking like it's ready to go down to 26.5k support.  :/  Does anybody know what's going on?  It would be so weird if BTC just went down out of the blue without rhyme or reason or without anything happening behind the scenes.

Hopefully itwas just a fat finger error and we proceed to going back to how it was in a couple of days.

And one reason is that investors had already improved their understanding of the crypto market as they are now more knowledgeable than before. Their experience gives them an idea of when to invest and when to hold, and of course, they are certain of their purpose of coming here and that is to wait for the next bull season making them hold and so the price increases more.
I could see this will double the price of Bitcoin when it talks about the new ATH but can't also deny the possibility that it surpasses the last 2021 ATH.

One thing I have noticed is the step by step increase in Bitcoin prices from January to April. Bitcoin is nearing a bull market as the price of Bitcoin continues to rise as the day goes on. In February, Bitcoin price ranged from 20k to 22k and in March it reached 28k and stayed there for a long time. Bitcoin price has completed 30 in the month of April if we consider this history step by step Bitcoin price is rising every month. And by the end of 2023, the price of Bitcoin will increase twice as much as it is now. The reason for this is that we can learn from the past several months of 2023.

it is being said in the votes that people are just expecting small bull or better to expect both , there might be a small bull or a small bear and that can happen anytime.
while the market is staying at least above 29-30k yet we cannot see the  31k mark to expect at least 35k.
that is easy  said mate but never to complete believe this mate.

because there are still chances that it will go sideways and you'll lose any way.

Yes and we have a pullback at $29,300, however, we are still in the middle of this month, and as far as sentiments, investors are still bullish I reckon. And if we have this kind of healthy pullback, it's not discouraging but we have to look at it as opportunities.

As I have said, we should take this golden opportunities in front of us, we may never see the price below $30k in the next couple of months or at least when we approach the halving next year. And this reset it good for us as we can buy and continue to accumulate.

Bitcoin price struggled to break through 31K but 30K was one of the targets some investors took to profit after they bought it below 25K, and all that happened was a healthy correction that wouldn't dive too deep.
and if the bitcoin price reaches 27K again, it will likely drop back down to 25K or so, and that drop is a good option for accumulating holdings. And I think bitcoin price will break 31K in late April or early May and continue to target 35K, and this is just my opinion which is not necessarily true because bitcoin prices are not easy to predict, and sometimes bitcoin prices go up or down due to some factors that we never know previously.

In this month I saw the price of Bitcoin at $31K a few days ago or in time it was April 14 2023, but this price was only seen briefly and did not go beyond $31K but fell back to $30K a few days ago or exactly the day after you made this post. So, for now, everyone can see a correction in the market again and yes, those who haven't had the chance to buy yet will make purchases soon if they have sufficient capital and stable courage.

Because there are many people who watch corrections as a normal thing without taking advantage of it to buy, even though some of the audience for corrections are people who are waiting for a price increase to occur so when they see a correction they just choose to remain silent.

Yeah, quite surprised to see the price touching $29k again, I thought yesterday that we are going to make a run because the price did bounce back to $30,200++. I'm not sure what news really bring the price to this level again, but in any case, it's anothe opportunity to accumulate again.

And this is just to validate that we can go on parabolic rise, so at some point, we need to have corrections.

But this looks like a healthy one so that others can enter the market again when the price goes to $28k or below it. $28k might be the next support, if it is broken we are still good at $25k.

After finally breaking $30k, I thought bitcoin correction happens. But so far it only touched again the $29k mark and is now back again at $30k. I believe bitcoin will now slow down a bit, maybe it will end at $31k at the end of this month. But since it is now over the $30k mark, I am calling April bullish although not that much.

I might have to wait until next month and see if there are lower dips for my DCA this month. Maybe $28k is doable in the next few weeks to come.

I agree that we are not going to go down under 28k anytime soon, that would require some substantial amount of money that needs to leave the market and not like we have anything that will be like that on the horizon right now. Could happen one way or another but that is not going to happen these days. I bet that we are going to end up seeing something that should be considering a bit towards the current mathematic which would be going up in the bull run.

Not a lot of people would see something like this, I mean think about it bitcoin is doing as well as hoped for; so why would it go down, even if we consider 28k could hold well, maybe we won't even need that and we will keep going for the rest of this year with small hiccups time to time.

What do you mean? they have the chance to own Bitcoin, if and only if they do DCA and bought when when we are less than $20k. There are a lot of opportunities for us to get in around this price. Remember that we have two lowest lows for that year, and the last is around $15,500. But the problem is that there are investors who are likely waiting for the price to hit around $10k-$12k. They are hoping that the price will still go down hard and wait for that opportunity that eventually didn't happen. But who knows, maybe there will be one final crash, but I'm not seeing it going to $10k though.


The resistance now is $30,500 and if we can break, then another bullish structure will form. And we all know that it takes a couple of times before we can break that resistance, and it's not a one time test. So we will have to wait, just like when majority says that $30k will be broken in March, it takes at least 12 days before we can finally break it and sustain that run.

Most are starting to believe the bear market is over and it's time for the bulls.
I'm sure there are also those who don't want this situation to happen because they haven't had the chance to own Bitcoin at a bear time.
But it will not affect the current price support.
We need to pay close attention to the second week's closing price. If it gets past $31K then I believe $40K is a good price this April.

I mean starting to look good.  ETH/BTC seems to have bottomed out.  And as how it happens during bull markets, it has always been BTC going up the most and outperforming the rest at first...  Then the action flows down to ETH and the other high valued alts like BNB which starts alt szn.  And from there it trickles down a little bit further until it goes down to the shtiest of coins with dog logos randomly pumping which is the beginning of the end for alt szn.  Lol.

Anyway, a lot of peeps are prolly starting to be convinced that the bear market is over.

April seems to be a unique month and different from the past three months that we have were we witness an increase in the price in the beginning of each month. I'm still fine with the current month as long as the price won't drop heavily because it might delay us again on reaching the higher levels and it wasn't easy to get this far. A pullback isn't discouraging though as you said but it was only a part on how this market works. It happens so that those who are late in crypto can be given a chance to buy at a lower price even if not the same low as the pioneers' experience.

Ehhh I reckon we'd stop for a bit here for a few weeks. Im bullish for maybe $35 or 40k in around 3 months maybe, jump from 28 to 30 was kind of fast so I wouldn't get my hopes up hoping for more (like what happened when it jumped to 28 last time iirc)

I'm more than happy enough if Bitcoin simply stays above 28 though, as the worst case scenario.

The recent break out of Bitcoin on $30k gives me an impression that we are starting to see bulls on the horizon.  Though I still consider that we are still in transition and anything will happen ( the possibility of retracement and bull trap), I am still positive that Bitcoin will climb up to at least $32k and go sideway from there for some time since as we observed, Bitcoin had been moving by $4k difference, ($24k and $28k)  and staying on that price for sometime before moving either up or down.  So from that, I think the next Bitcoin target is $32k.

I voted super duper bullish. I think that will end up being the correct answer when we look back in another 2 years. I expect that when looking back, everyone will wish they purchased BTC below $30,000. They won’t be worried about if they bought at $16K or $30K, they’ll just wish they bought more. Maybe I’m wrong, but I’m as bullish as I could be without being completely irresponsible.

We should be very bullish by now, we have crossed $30k already, that round numbers and for us it's a big barrier to break. But we just slice it easy, although it didn't hold, but it just shows that the market might still be in the bullish trend for this month.

One remarkable thing is that the market is moving sideways for more than a week, then suddenly this surge.

I know it's hard to see or predict, but we have been bullish in the first 3 months and I don't think that April will not follow that trend.

The current price of bitcoin makes me feel a little bullish because it has crossed the $28k to $30k+ price range that it appears it was taking some time to reach before. That's a good development.

To me, this $30k price is a fantastic starting point for this month. I'm confident that this April, the price of bitcoin will increase gradually, before we know it, we might be seeing bitcoin hitting the price of $34k before the end of this month.

People still get too hung up on short-term time-frames when analysing longer-term time-frames, like in this case the monthly. Sure it stalled on the 1 hour chart, there was even good entries for short positions on this time-frame for day traders, but naturally that's a short position that is only really going to last a few hours at best. It's basically irrelevant in the context of the daily, weekly or monthly time-frames.

As you said as long as price is above $28K previous consolidation range then consolidation at higher levels is far from bearish, in fact it's the opposite.


Wow really, ETH looking bullish? I mean sure, every altcoin looks bullish right now against fiat currencies. Even DogPooUltra Coin is probably bullish right now. But against Bitcoin? No chance.

While Bitcoin is up 80% this year so far, Ethereum is down over -10% and looks like it's finally about to roll over and break support imo. Sure it's up 60% against the dollar this year, but it's done no-one any favours compared to holding Bitcoin - apart from losing 10% of it's Bitcoin value that is. Instead, Bitcoin's market dominance looks like its finally breaking out of it's 2 year long range to the upside.

Overall Bitcoin's market dominance looks very much looks like 2019, minus the 2018 growth that instead last year was more consolidation sideways. But if 2019 is anything to go by then Bitcoin's dominance is likely to reclaim the majority of the market again, somewhere up to about 60% if I had to guess. Notably Ethereum will be the coin to suffer most of this, as is usually the case.

Yup but looking at the hourly, it looks like it stalled a bit and went below 30k for a bit.  All good tho as it's out of the 28k range and looking to stay above it albeit a little stall.  It's ETH that's looking strong rn.  Prolly value trickling down at ETH then down a little bit to the other major alts like BNB.  We're on our way to another alt season me thinks.    Just wait for any random coin with a Doge logo do a random 10x in a random week.  Lolol.

And what do you think the bad event will be? 

Impressive day for bitcoin! Price pushed above the 30,000$ line to almost 30,400$ and small corrections since then to 29,900$, with instant recoveries to 30,000$ again. The currently tendency wants bitcoin to stay above the line, although I also see some considerable pressure trying to revert this tendency downside. I guess we are going to see a constant battle till the end of the day for supremacy (between bullish and bearish).

It's still early to say what is going to happen next. For now I just want to remain hopeful and optimistic, because that is the feeling the year of 2023 has brought to us.

So we're at the next stop, and it's only Week 2.

Too early to say, (when is it never?) but I do note that price has broken and stayed above 30k, with no signs of let up even as Europe trading closes. Would have expected several retraces but if we stay up a full 24 hours, and then even on Friday, it will be a good breather.

Personally, still waiting for one last big bad event. Don't think people have hurt just as badly as 2020.

Those short-term traders who have been holding until now will surely enjoy the uptrend that has just started and Bitcoin is marching towards $30k which has caused a significant increase in the market among altcoins as I can see all are green with at least 5% or more increment in each coins price which isn't bad at all.

I'm positive that a lot of short-term traders will take profit at around the $30k-$31k range as there are also chances of the price dropping back a little bit after it touches maybe $32k or it might not even go there.

What I thought that actually happened today bitcoin at last touch 30k today. Finally the 10 month waiting is now over. I don't think that it will touch 40k range in this month I think month is also gonna follow the previous month flow . I also doubt if 35k will touch. However, seeing this positive turn of the market, the old days are being remembered again, maybe the crypto market is moving towards a comeback. And I think the price of Bitcoin will be around 30k range this month

And today the Bitcoin price has broken through $30,000++, it is very possible that this month it will be in the range of $30,000 - $40,000 but $40K might be hard to achieve so the most likely is $35,000.
I am bullish this month but not super bullish because the movement will only run as a rally before anything else can push the price higher.
Cutloss is only for day traders to keep trading, mid-term and long-term will do nothing on seeing the price drop other than go back to add to the bag.

It appears the voters for super bullish and super duper bullish might begin to appear in the poll hehehe.

Many short sellers were liquidated yesterday. It might be almost $1 billion in liquidations. Rest in peace to them. Let us wish that they stop underestimating this pump since March 12 and also stop listening to the fud that are being created by mainstream media. It is part of a recent coordinated attack on the cryptospace.

Sideways or not then it is really still good to see that we are seeing positive increments which is  really something that do shows up some recovery after some huge correction.
We are now 1/3 of this month of April and BTC or the entire market does show another green condition which for those people who do able to get in earlier would really be
likely be able to make profits on short term durations.

For now we cant be able to tell if this one would be sustainable or not considering that this market could really be having those dips and corrections after some green candle emerges.
Just deal on what you do see along the way.

I think in April bitcoin sentiment is still good, but for pump or bullish I think it will still not happen,
we are still below $ 30k and still above $ 20k, meaning sideways will occur this April,
so if you want hold make sure you also have to be ready to cut lose.

In this last week, we've seen Bitcoin moving sideways from around $27,500-$28,500. TBH, it is hard to predict what move will the price of Bitcoin will be in the next weeks. Yes we've seen Bitcoin moving up in the month of March which is quite exciting, but it seems like it's having a hard time surpassing that $30,000 psychological resistance.

In the past 14 days, it touched the $29,000 only "ONCE" and after that, it went down immediately. It didn't last long, and I know that most of the users here are very optimistic with regards to the price of Bitcoin because of what happened last month, but I have this doubt in my mind where maybe we might see some sellers selling their Bitcoin for this month. I don't know, but it's just what I feel. I'm still bullish on Bitcoin sure, but I expect a bit of downward movement still after this sideways movement.

Btc are now struggling in this price segment for many weeks I must say. Some internal pull is being affected or the resistance is really hard in this price segment. April is the month, where the signs are purely visible for the following year. So if Bitcoins manages to cross 35k usd in this month, then definitely we can see all time high price for the coin. For the time being we shouldn’t debate more on the price. We should buy as many coins as we can in this cheap price and should sell when Bitcoins reach atleast 50k usd.

It's been consolidating in this price range, around $28,000 and there are no major movement. I think the resistance is $28,500, if we can break that and then price remain steady, then we could move upward to $30,000. But so far none this month, it's very slow, but maybe in the latter part of the month, we might see a good news that will boost the price. So we will see, yeah, I know that there is no guarantee, and so we might have to take it day by day.

Or if no $30,000 in the horizon, might be some pull back, but we shouldn't be discourage, it could be a good and healthy one, even in bull run, we will see some pullback as the market needed this short period so that we can go back and refresh the market when the price goes down and everyone can buy again.

The monthly candle of March 2023 is bullish for me, too many pumps we had.
I am expecting this month (April 2023) will be more sideways and multiple testing the yearly high, I'll be glad also that Bitcoin will test the $30,000.
I am not yet short-term - mid-term bullish here especially this month.

The position of Bitcoin in April may be different from previous months. It's already been a week of April and still Bitcoin price is hovering around 28k. I think around that if a strong resistance can form in the second week or third week maybe bitcoin will touch 30k by the end of April, although it is very difficult to guarantee its future.

I also thought Bitcoin price would cross $30000 by March. On March 30, Bitcoin came down again to $29,184 and was very close to $30,000 but did not fill the target for a while. However, Bitcoin may cross $30,000 in April. But I don't understand one thing at all. Earlier I saw a news story where Bilaji Srivasan made a bet that bitcoin will go to one million dollars in three months. I can't say how it is possible to have 1 million bitcoins in three months. If so then the price of Bitcoin will start to rise from now. But by your logic do you think Bitcoin will be a million in three months?

I think if there is to be "another" black swan event then it'd more likely be towards the end of the year or early next year. I only say this as for me the FTX collapse end of 2022 was more a black swan event than any price-based capitulation. Price was looking quite stable around $20K until that happened, and notably rose back above with ease, suggesting the secondary capitulation was out the ordinary and unnatural.


Whether price is to move upwards towards $30K or consolidate around $28K, even for the rest of the month, is somewhat irrelevant to me. Consolidation under resistance (without a major rejection) is bullish, while a move towards $30K resistance level would also be bullish. As you say, it's only a major retracement that could be bearish, but I think $25K or $23K would act as strong support if this were to occur.

Yes, maybe this is already a market dynamic, like people owning assets in bitcoin or altcoins, which can put psychological pressure if there is a decrease or increase, but for some people who are relatively new to the crypto currency market, of course, they always pay more attention to the assets they own. , which may include that they could check their assets on a daily basis which is not a good thing in doing so.

Yes, I am quite aware of it in terms of market movements, but there are always several reasons that can be correlated with the rise and fall of bitcoin prices on the market, news sentiment is quite influential on bitcoin price movements, of course some people who do analysis will look for the answer as a conclusion why prices can up and down.
Speaking of holding bitcoin, I'm thankful today I still hold it and I don't know when I have to sell it, maybe 4-10 years later or closer.

That's one scenario as well, in order for us to shoot up to $30k or higher, perhaps we need another retracement to like $23k or something. That's how we slingslot prices historically.

But in any case it won't happen this April but still $30k is going to achieved, then there is some big news, a event that might cause investors to FOMO again and then we go from $28k to $30k very quickly.



Here is what the OP says,

Historically speaking, April is mostly always bullish for risk on assets. This time too I expect it to breach 30k (although I did expect it to break it in march itself). Maybe it wants to take a dip before rip off ? Just like last time it did from 23k to 19.5k then shot to 28k with back to back dildos.
Btw, your poll only got bullish and super duper bullish options. Where will the bears go then? Lmao.

I think it's nothing that big, those type of increases and decreases happens everyday and we shouldn't be really worried about it, that's a normal thing for all of us. I know that not many people feel comfortable when the price falls, but the reality is that we just have to learn to live with it.

Not many people feel like they want to hold it when it is going down, but this isn't a crash or anything, it's daily regular price fall that happens all the time. Just wait for it to pass and when the time comes there is nothing wrong with it and you can continue to live with it without a trouble. I personally will hold it until it is over ATH again.

But given the options of the poll, it's the just "bullish" option that's getting all the votes, not the super bullish one or the super duper bullish one.  :/  Does that mean the sentiment is still kinda bearish even if it's bullish?    If so and given in accordance to your condition that price moves against trends, then the price would be moving up again sooner or later.  Lolol.

Seriously tho, BTC is in a bit of a rut.  But nothing too bad.  Just shorts taking shots at the market.

Today bitcoin has decreased by more than 2%, the price of bitcoin has returned to the current price of $ 27k, I don't know what news caused bitcoin to experience a decline or maybe it was just a normal correction like market and technical problems.
I agree with you, I think bitcoin is out of the bearish zone and we will most likely crawl to the $30k price level this April and maybe more than that, right now we are testing the $28k price level to find out how strong the support is $28k to continue the rally. It should have been a bullish sign at the start of Q2 for the altcoin season and bitcoin season but it looks like they are still waiting for confirmation.

I believe that the price is moving against trends, and therefore as long as there is optimism, the price may not move in the same direction.
In the previous days, there was a lot of negative news, however, this news was not reflected as a decrease in the price, which means that it may be calculated in the future, especially since the regulatory restrictions on the platforms are increasing, which means a problem in demand.

In general, we have gone too far over the past months, so I hope that we will see a slight correction before returning to the $30,000 levels.

There is a kind of paid prediction here -----> Sinbad.io April Bitcoin Price Prediction Challenge! that you can participate in.

I think it is most likely that the price will go above 30k this April, provided we don't have some catastrophic news that pushes the price down. But I think the worst of the bear market is over, and although the price is not going to go in a straight line upwards, I think it is going to have a tendency to go up little by little. We are a year away from the halving, and although the bull run usually takes place a year after the halving, normally a year before it there is also a rise. Coming from the lows we've had, the most likely scenario is to go up gradually this month, staying in the range between 30 and 35K.

Yeah, probably we have seen the the lowest low for this bear market at $15,500 and the new lows perhaps is $20k++.

But what are the chance though that we might have a black swan event this year? hmm...

Although at the start of the week this month there is no sudden movement of the price, we are still stuck in the $28k'ish and we might be in the sideway pattern. Let's just hope that this month might be another positive growth, if not, no major retracement again. And who knows maybe we can see that $30k price that everyone is looking for.

I agree with others vote in the poll, it's best to take things slowly. While the market is currently in a bullish state, it's still early to predict that it will become extremely bullish. I believe that as long as we continue to build momentum, it will be challenging to stop this trend. I predict that the market will become super bullish during the last quarter of this year, but if it happens earlier, and my prediction is incorrect, I will happily accept it and admit that I was wrong.

Bitcoin market sentiment is relying more on around the $28,000 + and this has not really changed for quite a while now and this may not change shortly,  but then there have been a lot of speculations as to what the price of Bitcoin will be after the sec decision to lower interest rates.

This may triggers the market of most assets and Bitcoin may be at the centre stage to make some tremendous price movement that may push the price to roll over $30,000 which is a price that Bitcoin has been struggling to move beyond for quite a while now, but then we must understand that speculations are one of the hardest jobs too. Doing a volatile market like Bitcoin.

The month of January, February and March have shown some level of price trajectory that has made room for positive forecasts and April follows the same pattern we may expect the next face of the bull market some before the end of the year 2023.

One April morning when we woke up I wished $30k was literally on the screen.
Yes, it's not a ridiculous hope to hope for, it seems even more reasonable after last month we failed to get it.

Small swings are likely always there but would be great to get a little more push going forward. Mate, be optimistic we will be in a bull market going forward as the bearish has ended. You are right, ignoring the bearish is the time. Right now we're only $1800 away from $30k, that's pretty close.

Rofl yeah, nope, no bearish options this time.  

And asking for a sub 15k move now is just a pipe dream at this point in the game.  Something reeeaally bad has to happen somewhere to spook the whole market out in a yuuuge way.  Like how the pandemic happened and brought everything down.  I'm not discounting anything but with the way things are, everything is looking good.  So far...  

No bullish this time, everyone is on board with pumping even when prices just go down very suddenly today and then the next day jumps to more than $1k. Very unpredictable and if you are trading in the hourly chart, you can benefit from it by just using the RSI.

I'm more bullish as well knowing how many months we're going down since the start of 2022.
I manage to earn $23 trying to make some satoshis in one day in the spot market with the very small capital I have. Hope to make more.

In the past few days, we are amazed by the current pump and left the 1st quarter full of hopes that this 2nd quarter and particularly this month we are able to see Bitcoin become bullish. Yet, it was not just easy as I can imagine. With the volatility of the market, it was too hard to think that we are continuously moving high as certainly dump/correction happens.
If the price of Bitcoin will just reach $30k this month, that was already a great improvement and I was confident that it comes to happen. No more FUDs that will affect the mindset of the holder as they learned already.

It seems reasonable to expect April to be bullish period, but I can't ignore some corrections.
Many had expected bitcoin $30k break during March, but the reality was that the selling pressure would not allow it even if the price did break $29k. In the meantime, there are good hopes for $30k gain in April if the selling pressure eases.

In the near term, I don't think we'll be getting another $25k. Think about a bank run situation going to be good for bitcoin, that's because it's quite possible some customers will get safer bitcoins from government intervention than depositing their fiat with another bank.

It's a nice fun to involve. But couldn't participate in the pull because I don't actually know the option to chose. This is because I didn't buy my bitcoin at once. I am buying on weekly DCA and I as such wouldn't know the level of bullish I am. I just noticed the increment of the fiat value of my bitcoin and that's all.
I believe if bitcoin falls back to below $25k, I'll also notice a significant decrease in price. Are there such ways to know how bullish when on DCA?

Lol, loving the poll this time. No option for bearish 

I think you're expectations are quite accurate. Even some bears who are expecting sub $15K after anticipating a move to $30 to $23K before further downside, which says a lot.

Personally I "only" voted bullish, as opposed to super/uber bullish, as notably this year so far we have seen a substantial gain in Jan, followed by consolidation in Feb, followed by a another considerable gain in Mar. So while I think it's likely to re-test $30K level that was previous support, I also expect it is likely to act as some form of resistance (at least initially) leading to more of a consolidation style month similar to February.

I'm neutral to bullish for the month.

The bear market ended in March so that automatically makes things bullish. But it's always possible there will be more announcements of anti-crypto attacks from the SEC this month which would hurt the market.

I think Bitcoin will spend most of the month in the high-20k's but I do think it'll break above $30k at some point this month. Probably like $31k as the peak price for the month.

I know, everyone is looking for the $30k price return last March, but there were some correction that time, even go as low as $26,xxx and I thought that we ill continue to go down that time. But the good news is that the investors really push for the price to go to $28k again and that is our price at the end of March. But as I have been saying, $28,500 is the big resistance, and although we just higher that that, the price right now is peg around it. So hopefully there will be no retracement and wanted to see how we can maintain this price level.

Because if we do, then once we jump to $29k, it's easy to break that round numbers of $30k just like how we break $20k around January-February. And with that said, I will be bullish as well for the month of April, still many reasons for investors or even average joe like us to buy and continue to invest and just HODL. The price is still very cheap and at a discount and we may never seen the price in the $20k'ish as this will be the new $4k price (which we all wish back then in 2020).

I expected BTC to reach $30K by the end of March, but we fell short of our goal. However, the price has increased from where it was at the end of February. I believe that from now until the next bull run, the closing price at the end of each month will be higher than the previous. Let's see how the month of April turns out at the end; I'm hoping it to hit 32K before the month ends.

Well, I was certainly bullish this time unlike in the past months. Seeing the current situation we can say that we are moving high just like what we experienced in the past years before halving. Should I say that history repeats itself? Maybe yes or maybe no but the sentiment of the market shows the same, it recovers after the bear season and it continues to pump before halving until the next bull season cycle.
I was expecting the price of Bitcoin will $32k this month, not far from the current price...

I voted for bullish, and yes I'm looking at around $30,000 and up this month of April. Tax returns already so this might be one good reasons for many to just invest on small or big their refund is as the banking system is collapsing right now.

Breaking $28,000 though might be a challenge, but once it is broken we can go to $30,000 and more.

That's if the individual is wise enough, but for those bitcoin enthusiast, this is no brainer. Instead of buying something from the money that they are going to get, for sure they will throw it in bitcoin and wait for the next bull run to happen and make massive gains from that investment.

I expect us to keep going up, but in general we're expected to stay in the 25-35 range a little more. A couple of months maybe?

We should try to break 30 this month but that is without any government intervention/manipulation. I'm sure you know about the attempt by the US gov to keep us below 30k by spewing lies about mining and selling silk road coins. Coins they were holding for 9 years and 2 bull markets. They did not sell at 60 thousand but are willing to sell now, just because bitcoin is starting to be seen as an escape from the falling banking system.

Also, why are you guys all spammers? Show a little effort

Usually, prices can come back down if the attempt is made to cross the high price of the week. I still hesitate to confirm that the bearish situation will not happen again even though the chart shows a nice increase. I saw a Long-Legged Doji candle in recent days. Although it is not entirely likely to happen, I think $30K could happen if the FUD against Bitcoin is not too strong this month.

Thats my bet from previous month"

Now i'm also bullish. Maybe not Super Duper Bullish, because nothing is certain yet and 28k is also a strong resistance. I'm almost all assets bullish till may/jun when we will most likely see a strong pullback due to makro bearish signals.

Looking at the chart below, no brainer and pretty sure everybody is bullish when the month of March ended.  Now let's have a fun one...  I guess the question is how bullish are you right now after BTC broke above 25k, stayed above it and went on to go above 28k?

Next stop 30k - 32k range.  That's double the price of where it was during the lows of November.  Leeez gooo!