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Topic: BTC Sentiment Poll for April (Read 1158 times)

sr. member
Activity: 616
Merit: 442
Forum Only For Fun
May 01, 2024, 02:36:41 AM
This market sucks...  I think I know what I'm gonna ask for our next poll.  It's not that I'm testing you guys or anything.  I'm just really interested in what you guys think and what your sentiments are at the first couple of weeks of the month.

The end of April missed far from estimates. The closing price is only at the level of $60.7K not up to $61K. Around $14K is $75,000. The market is not bad, only the situation makes the market look bad. Still too weak in the hand to hold strongly.
In the next poll, I think it's better if filled with questions how strong they face events that have an impact on market prices if what is planned is still around the price.

I think after seeing what happened this month and how wrong most of us are, the next month's poll will not be so easy to vote.  I don't think the guys who voted this month will vote for next month...  Lolol.  Wait for it.  Cheesy Cheesy Cheesy

It is impossible for me and all who votes to poll this topic with the number of percentages for the following month if the poll question is valid for April. LOL.  Cheesy Cheesy
legendary
Activity: 3234
Merit: 1055
April 30, 2024, 02:47:08 PM
We supposed to understand as a crypto investor that we are not supposed to make a prediction over the price of Bitcoin because we know very well that the price of Bitcoin is unpredictable and so many people also make such a mistake to predict the price of Bitcoin some people who predicted it as a price of Bitcoin will be almost 75,000 I think by now they will be regretting of their prediction because the price of Bitcoin have dropped to the extent that is below their prediction so giving a analysis of Bitcoin price when you have not a proper research concerning the price of Bitcoin I think it is not okay from my perspective

What are we supposed to do?

I doubt you understand what you're saying. If you don't predict what then do we do? Speculating, expecting, predicting are same word. An investor who doesn't know or have an idea of what price might do next is not a good investor and a blind one too.

We all know Bitcoin is very volatile, but that doesn't mean her price can't be predicted, what about traders that trade based off her price. Nothing is predictable in any financial market, we all run based on uncertainty backed by past and present data.

After the research you still predict Mate. All analysis is predictions made is up for price to decide.

just pray  Grin

off course we speculate. what else is there to do when we are not whales that could affect the price with just one tweet?  we predict and guess where the market goes but this whole april is a disaster to begin predicting. we know already the market couldn't;t sustain as its already overbought. regardless of the good news about ETF in other countries and ETNs in EU, the price goes down.

next month is another speculation thread. when they say SELL ON MAY AND GO AWAY, it couldn't be true in crypto. sometimes May is bullish.

member
Activity: 224
Merit: 42
April 30, 2024, 12:38:38 PM
We supposed to understand as a crypto investor that we are not supposed to make a prediction over the price of Bitcoin because we know very well that the price of Bitcoin is unpredictable and so many people also make such a mistake to predict the price of Bitcoin some people who predicted it as a price of Bitcoin will be almost 75,000 I think by now they will be regretting of their prediction because the price of Bitcoin have dropped to the extent that is below their prediction so giving a analysis of Bitcoin price when you have not a proper research concerning the price of Bitcoin I think it is not okay from my perspective

What are we supposed to do?

I doubt you understand what you're saying. If you don't predict what then do we do? Speculating, expecting, predicting are same word. An investor who doesn't know or have an idea of what price might do next is not a good investor and a blind one too.

We all know Bitcoin is very volatile, but that doesn't mean her price can't be predicted, what about traders that trade based off her price. Nothing is predictable in any financial market, we all run based on uncertainty backed by past and present data.

After the research you still predict Mate. All analysis is predictions made is up for price to decide.
hero member
Activity: 1666
Merit: 723
Enjoy 500% bonus + 70 FS
April 30, 2024, 11:55:55 AM
We supposed to understand as a crypto investor that we are not supposed to make a prediction over the price of Bitcoin because we know very well that the price of Bitcoin is unpredictable and so many people also make such a mistake to predict the price of Bitcoin some people who predicted it as a price of Bitcoin will be almost 75,000 I think by now they will be regretting of their prediction because the price of Bitcoin have dropped to the extent that is below their prediction so giving a analysis of Bitcoin price when you have not a proper research concerning the price of Bitcoin I think it is not okay from my perspective
legendary
Activity: 2128
Merit: 1775
April 30, 2024, 10:19:18 AM
Sorry for getting this a tad late.  I went on a little trip and had some fun with some friends for a couple of days.  But yeah...  Here's a really easy one...  'Will BTC close above 75k this month?'.
Overall, what is seen in the crypto market and including Bitcoin as well as other types of crypto has missed several speculations and predictions that have been published by many experts, what was expected has not happened, I mean the $100k speculation.

The month of April has ended the price of Bitcoin closed at $61,314.59, it is very clear that speculation for the price of $75k shot up again, not in line with expectations, do you have any plans to predict the price of Bitcoin at the end of next May, if you think there, I will place the price in$58k level, that's my speculation.

In essence, everything has happened, experiences have occurred, after the halving occurred there was little hope of Bitcoin rising, the chances of falling sharply, what is clear is that we can see the direction of Bitcoin playing in the market at the end of this year.
STT
legendary
Activity: 4102
Merit: 1454
April 30, 2024, 07:59:59 AM
This market is just lumbered with too much selling at this particular range it seems like.  We might even close out April today below 60k.

I cursed it when I wrote on the 23rd that price action was positive, its done nothing as much positive since.  We traded below the weekly average from 24th onwards and after near to a week sideways and it has to be said negative while submerged below 50ma for 4hr bars & in this duration its now got worse today.

If we dont recover 63k quite sharply I expect increasingly negative development.  Thats how April ends and May begins, possibly its how the summer goes.   All I can say is long term we'll prove positive again I think but looks negative for now.

59.6k or lower confirms a 'lower low' movement in short to medium term time frame.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
April 30, 2024, 07:45:48 AM
This market sucks...  I think I know what I'm gonna ask for our next poll.  It's not that I'm testing you guys or anything.  I'm just really interested in what you guys think and what your sentiments are at the first couple of weeks of the month.  I think after seeing what happened this month and how wrong most of us are, the next month's poll will not be so easy to vote.  I don't think the guys who voted this month will vote for next month...  Lolol.  Wait for it.  Cheesy Cheesy Cheesy
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
April 24, 2024, 01:16:34 PM
It's a very different halving for us, new all time high prior and se we don't know how the market will react, even if there are noise around like the war or even the BRC-20 inscriptions or Runes.

So this is a very new halving for us in my opinion and so obviously maybe we will see new patterns or stick with the previous cycle that it might take months to move the price to where we like it to be, around $75k and up. Still very early, we have a week before the end of the month. If we don't reach $70k, or trade sideways, I think it will be good for us for the long haul.
Yes, it is definitely a brand new one that will be a little bit different for everyone, I get that it may feel like it's the same one, but it's really not the same one and we could see something different.

However, I also do not believe that it will not go up, I think it will definitely go up, maybe not during April, or maybe it will do fine during rest of this month, I just believe that on the long term we are going to end up with a profit eventually, a big bull run will happen, I just don't know when that will happen. This is why I am just holding and accumulating too, that's what would gain me the most profit and should be something that will get a lot better, it's the most important decision regarding the halving.
hero member
Activity: 2660
Merit: 551
April 24, 2024, 07:37:14 AM
^  Been here for quite a bit and the last couple of halvings had a different feel to it.  Like everything was gonna get better and BTC is gonna lead the way and rule the world.  I don't get that feeling from everybody this halving.  But yeah...  Maybe I'm just a bit more mature and have gotten a lot jaded from all the idealistic stuff that I had in me when I first entered the space.  And to think I've seen a lot of guys who came in here who were apathetic and turned idealistic.  I'm the other way.  Cheesy Cheesy 

But yeah...  It looks like there's still some hope for 75k.
I feel like that could be because we already broke over ATH right now, and in other halving we did not break over ATH before the halving, that means that we have seen what we wanted to see even before the halving came, so what is left to see. Doesn't mean that we won't go up even more, I d o believe that we are going to go up even more, not only because of the halving but because of the ETF money going into bitcoin as well, thousands of bitcoins bought every single week, that is going to mean something, plus all the miners making less now, and the price hasn't doubled like halving should make it, meaning that the yare not making a lot, and eventually that will matter too. So these two combined eventually will mean something, and price will go up.

It's a very different halving for us, new all time high prior and se we don't know how the market will react, even if there are noise around like the war or even the BRC-20 inscriptions or Runes.

So this is a very new halving for us in my opinion and so obviously maybe we will see new patterns or stick with the previous cycle that it might take months to move the price to where we like it to be, around $75k and up. Still very early, we have a week before the end of the month. If we don't reach $70k, or trade sideways, I think it will be good for us for the long haul.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
April 24, 2024, 07:26:21 AM
^  Been here for quite a bit and the last couple of halvings had a different feel to it.  Like everything was gonna get better and BTC is gonna lead the way and rule the world.  I don't get that feeling from everybody this halving.  But yeah...  Maybe I'm just a bit more mature and have gotten a lot jaded from all the idealistic stuff that I had in me when I first entered the space.  And to think I've seen a lot of guys who came in here who were apathetic and turned idealistic.  I'm the other way.  Cheesy Cheesy 

But yeah...  It looks like there's still some hope for 75k.
I feel like that could be because we already broke over ATH right now, and in other halving we did not break over ATH before the halving, that means that we have seen what we wanted to see even before the halving came, so what is left to see. Doesn't mean that we won't go up even more, I d o believe that we are going to go up even more, not only because of the halving but because of the ETF money going into bitcoin as well, thousands of bitcoins bought every single week, that is going to mean something, plus all the miners making less now, and the price hasn't doubled like halving should make it, meaning that the yare not making a lot, and eventually that will matter too. So these two combined eventually will mean something, and price will go up.

Coming back to 75k by the end of the month, we just have 5 days to go.  So it's kinda starting to feel a bit iffy now.  But if it happens then good.  Not holding my breath on it now tho which takes us to next month's poll...  Any suggestions?  Still have no idea what to ask everybody, so if you have any ideas then post it itt.

STT
legendary
Activity: 4102
Merit: 1454
April 23, 2024, 01:07:53 PM
Good turn around for BTC this month, its lost its negative movement even if that only means a return to neutral for end March to end of April its still alot more positive then it was looking.

We regained the weekly average, price is now above the 2 day average and just below a monthly average.  Most I would summarise this price action as negative until you find the price range since late Feb is broken and we have new ground.   

If we only keep going sideways it is a positive situation and accumulation of volume at a higher price is positive further out I think.   200 day and 200 week average are often how slow BTC will move and its doing that just now so April by itself was just us going in circles working that out and providing prices with slight variance for those who would find that useful buyers at the lows and sellers at the highs.  I guess every should be happy then and not impatient.
legendary
Activity: 2086
Merit: 1058
April 23, 2024, 08:28:33 AM
^  Been here for quite a bit and the last couple of halvings had a different feel to it.  Like everything was gonna get better and BTC is gonna lead the way and rule the world.  I don't get that feeling from everybody this halving.  But yeah...  Maybe I'm just a bit more mature and have gotten a lot jaded from all the idealistic stuff that I had in me when I first entered the space.  And to think I've seen a lot of guys who came in here who were apathetic and turned idealistic.  I'm the other way.  Cheesy Cheesy 

But yeah...  It looks like there's still some hope for 75k.
I feel like that could be because we already broke over ATH right now, and in other halving we did not break over ATH before the halving, that means that we have seen what we wanted to see even before the halving came, so what is left to see. Doesn't mean that we won't go up even more, I d o believe that we are going to go up even more, not only because of the halving but because of the ETF money going into bitcoin as well, thousands of bitcoins bought every single week, that is going to mean something, plus all the miners making less now, and the price hasn't doubled like halving should make it, meaning that the yare not making a lot, and eventually that will matter too. So these two combined eventually will mean something, and price will go up.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
April 22, 2024, 08:19:05 AM
^  Been here for quite a bit and the last couple of halvings had a different feel to it.  Like everything was gonna get better and BTC is gonna lead the way and rule the world.  I don't get that feeling from everybody this halving.  But yeah...  Maybe I'm just a bit more mature and have gotten a lot jaded from all the idealistic stuff that I had in me when I first entered the space.  And to think I've seen a lot of guys who came in here who were apathetic and turned idealistic.  I'm the other way.  Cheesy Cheesy 

But yeah...  It looks like there's still some hope for 75k.
hero member
Activity: 1344
Merit: 540
April 21, 2024, 03:40:01 PM
Is it just me or is this year's halving kinda uneventful?  :/  I remember everybody used to be so excited and a lot of guys would start threads about the halving with everybody getting so excited, post memes and just overall making it feel that it's going to be a good year.  We don't have it anymore in these parts...  Same with the Chinese New Year thing.  It's gone.  It's like we're losing our culture.
I wouldn't say it's uneventful but there's no many news in the background like the war and all that, and then we have Runes that really "ruin" everything for us. As we have seen, after the block halving, fees started to sky rocket and up to this point 100+ sat/vB, too high for ordinary investors.

Either that or we're just getting older.  Cheesy Cheesy  They guys who made it left and the ones who are left here are still grinding in the trenches.  GL to us...  Hope some of us make it.

It's a vicious cycle I guess, we gets older and then a new set of investors come-in, for whatever generation they call it. All here for the money and all of that, but forget how important or how we look at halving and then we are excited in 2017 or 2021 final run.  Smiley
hero member
Activity: 2408
Merit: 584
April 20, 2024, 01:05:10 PM
My investment plan is quite simple, always have 20%-30% USDT available in the account and if my prediction is wrong and bitcoin corrects significantly, I will use the remaining USDT to buy bitcoin or altcoins I have put on my watchlist but have not yet purchased.

And if bitcoin increases according to my expectations and plans, I will continue to optimize part of the profit. Because I believe that if bitcoin increases in price from now on and is able to set a new ATH after the halving then a correction will occur in the following months. In the long term, we are not yet into the crazy bull season we are waiting for, so I have no intention of investing 100% of my capital right now.
That is not a bad one, but I usually do it with additions. Meaning that if I end up getting paid, then I do have about a bit of money in USDT to get in, but that means if the price doesn't get corrected or anything until I get paid, then I put my new money into it, like when I get my salary paid, I try to put 10% to 20% of it into bitcoin and I keep doing that.

This doesn't mean that I put all my cash into btc, of course usdt still stays, but I do not let my usdt grow, even if there is no movement downwards, I still end up investing into bitcoin when I get paid. That way I try to increase my holdings as much as possible, and when there are dips like these ones we had recently, I am 100% fully into bitcoin as well.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
April 20, 2024, 10:35:40 AM
Is it just me or is this year's halving kinda uneventful?  :/  I remember everybody used to be so excited and a lot of guys would start threads about the halving with everybody getting so excited, post memes and just overall making it feel that it's going to be a good year.  We don't have it anymore in these parts...  Same with the Chinese New Year thing.  It's gone.  It's like we're losing our culture.

Either that or we're just getting older.  Cheesy Cheesy  The guys who made it left and the ones who are left here are still grinding in the trenches.  GL to us...  Hope some of us make it.

Edit:  Typos.
sr. member
Activity: 798
Merit: 377
April 19, 2024, 10:17:36 PM
#99
Halving took place, happy halving. Usually in the past halving you see the halving year Bitcoin price is in the normal range. This is the fourth halving in 2024. Now we have to wait for the bull market. As far as 2025 is concerned, the biggest bull market is likely to be seen, so the best thing to do now is to be patient with Bitcoin investing. Because the price of Bitcoin will touch the highest level only when it starts to rise.
sr. member
Activity: 616
Merit: 442
Forum Only For Fun
April 19, 2024, 01:11:00 PM
#98
When exactly was the last halving and what was BTC's monthly performance after the last halving happened?  Pretty sure it was a green month...  We really can't count that one out imho.

I also can't calculate it and I need time to find sources to learn it because I have only been actively studying everything related to Bitcoin not long ago so I am quite lucky to be here.  Cheesy

Anyway, don't fade BTC this year and in the coming years.  Things are gonna get crazy. And you're right just hold your coins.
Never faded towards Bitcoin because Bitcoin is the best asset among other coins.

If you have 1 BTC, def keep it.  As the years pass by there'll only be a small group of people who'll be holding one whole BTC.
From what I have learned, just holding it and keeping it in your wallet is the best choice when a goal has been set.
I don't have 1 BTC yet, but my dream is more than the 1 BTC I want.

I really regret taking all the time I had here for granted.  I just kept wasting what I had at gambling.
In the following years, don't do it again so you don't regret it. When I gamble, I don't use Bitcoin, I'm more interested in using stable coins or fiat.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
April 19, 2024, 05:28:32 AM
#97
Precisely, most of the people might have assumed that bitcoin would close above 75k because they did not see the whole Iran situation and the drop in the price because of it. How could we know that Iran would do something like that? Of course that was unexpected and we couldn't predict something like that.

Looking at it right now, we could say that of course it will not close 75k, even with halving and all, we are not going to really see it changes because that was a bad drop and even if it recovers a bit until the end of the month, I do not think that it would recover that much, that would be a new all time high and I do not think that we are ready for something like that. Maybe 70k if we are lucky but that's about all I can see.
hero member
Activity: 1974
Merit: 539
Leading Crypto Sports Betting & Casino Platform
April 19, 2024, 03:59:39 AM
#96
-.-
-.-.

Those of us who choose to hold don't really need much of a plan apart from waiting and increasing our patience rating until history is created and that is the best plan that we have prepared beforehand. not now.
Didn't happen in April, if I'm still alive I'll get it in another month. Tell me what your backup plan is if your prediction is wrong so we can do it too.

My investment plan is quite simple, always have 20%-30% USDT available in the account and if my prediction is wrong and bitcoin corrects significantly, I will use the remaining USDT to buy bitcoin or altcoins I have put on my watchlist but have not yet purchased.

And if bitcoin increases according to my expectations and plans, I will continue to optimize part of the profit. Because I believe that if bitcoin increases in price from now on and is able to set a new ATH after the halving then a correction will occur in the following months. In the long term, we are not yet into the crazy bull season we are waiting for, so I have no intention of investing 100% of my capital right now.
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