BTC Sentiment Poll for April - page 2.

_BlackStar

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Quote from: Hallroom on April 18, 2024, 04:06:38 PM

The halving is very close, the halving will take place around the end of this month of April. So the current signs of a lower Bitcoin price create new opportunities for investors. This is an opportunity for those who haven't invested in Bitcoin to invest in Bitcoin. And Bitcoin investments should be held firmly for a long time.

Halving will happen in the next 1 day and 3 hours - it's very close, just wait and see the countdown here:

Code:

https://blockchair.com/tools/halving-countdown

I'm not sure the month will close above $75K - but unfortunately I can't vote in the poll because it's already closed. I tend to believe the price will drop slightly or will probably be between $60K to $70K - but anything can happen including a dump to the $55K level.

Hallroom

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The halving is very close, the halving will take place around the end of this month of April. So the current signs of a lower Bitcoin price create new opportunities for investors. This is an opportunity for those who haven't invested in Bitcoin to invest in Bitcoin. And Bitcoin investments should be held firmly for a long time.

tokeweed

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Quote from: AprilioMP on April 17, 2024, 01:13:18 PM

Quote from: tokeweed on April 17, 2024, 09:03:18 AM

I guess. The boomer markets seem to have stopped selling off, it's now just mostly crypto that's still going down. For what reason, not really sure. But the thing is it's funny how after all these years a lot of people still feel iffy about crypto and the legitimacy of it. It's been more than 10 years guys... Crypto is not going anywhere, esp BTC.

But yeah. I locked the poll as per tradition. Rooting for the guys who voted yes. LFGGG!

74.2% of us here voted Yes that Bitcoin will close above 75k. I think with 12 more days remaining according to my time zone, with the current price estimate still experiencing a decline in the next few days until the halving, it is doubtful that it can close at a price above 75k even though according to Coinglass's monthly return data for April 2023 it is green +2.81%.

Instead of selling, it is better to hold until Bitcoin reaches a price of 100k. I don't know what some people are thinking when they decide to sell because Bitcoin, which I know, has been proven and cannot be doubted.

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.

So yeah, comparing spring of 2022 and 2023 won't really tell us much but spring of 2020 does.

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. 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. I really regret taking all the time I had here for granted. I just kept wasting what I had at gambling.

AprilioMP

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Quote from: fuguebtc on April 17, 2024, 11:42:11 PM

I want to know which scenario did you vote for before? One thing I see is that some people who were quite bullish at the beginning of the month are starting to feel negative because of bitcoin's recent correction. Many people are changing their attitudes very quickly because bitcoin has continuously decreased in price since this topic was created, if OP gives them a chance to vote again , I believe the majority will switch to “NO” instead of “YES”

Yes, that's my BTC sentiment poll in April. The attitude of people in speculating can of course change along with market price conditions. Even in monthly speculation, you can still change and want to change, how can you say you are a long-term holder? From this we can judge that the attempt to make a decision is not completely valid. If this is maintained, it is natural that those who are new to the world of crypto will have a weaker hand in holding back.

Quote from: fuguebtc on April 17, 2024, 11:42:11 PM

But personally, I will still maintain my opinion, Bitcoin will still increase in price and will reach more than $75$ this April. Of course , I also have a backup plan if my prediction is wrong but I will not change my opinion just because of recent minor corrections.

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.

fuguebtc

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Quote from: AprilioMP on April 17, 2024, 01:13:18 PM

Quote from: tokeweed on April 17, 2024, 09:03:18 AM

I guess. The boomer markets seem to have stopped selling off, it's now just mostly crypto that's still going down. For what reason, not really sure. But the thing is it's funny how after all these years a lot of people still feel iffy about crypto and the legitimacy of it. It's been more than 10 years guys... Crypto is not going anywhere, esp BTC.

But yeah. I locked the poll as per tradition. Rooting for the guys who voted yes. LFGGG!

74.2% of us here voted Yes that Bitcoin will close above 75k. I think with 12 more days remaining according to my time zone, with the current price estimate still experiencing a decline in the next few days until the halving, it is doubtful that it can close at a price above 75k even though according to Coinglass's monthly return data for April 2023 it is green +2.81%.

Instead of selling, it is better to hold until Bitcoin reaches a price of 100k. I don't know what some people are thinking when they decide to sell because Bitcoin, which I know, has been proven and cannot be doubted.

I want to know which scenario did you vote for before? One thing I see is that some people who were quite bullish at the beginning of the month are starting to feel negative because of bitcoin's recent correction. Many people are changing their attitudes very quickly because bitcoin has continuously decreased in price since this topic was created, if OP gives them a chance to vote again , I believe the majority will switch to “NO” instead of “YES”

But personally, I will still maintain my opinion, Bitcoin will still increase in price and will reach more than $75$ this April. Of course , I also have a backup plan if my prediction is wrong but I will not change my opinion just because of recent minor corrections.

STT

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57.9k is the target downside imo, a Fibonacci level and fair game now we've closed daily bars below 62k. We are trending downwards now with a few indicators aligned towards that shorter term momentum I think is fair commentary at this point.

If we can close above 63k on 4hr and daily bar and hold there then perhaps we can turn around some. Volume seems to help confirm the downward momentum is valid rather then a blip or a erratic pricing but as always every price needs confirmation on longer term time frames to become especially valid.

This current price action relates to end of February and if we were to continue negatively then the gradient could become more aggressive with a slip into the lower 50's and futher. Im not certain that occurs this month as they are no doubt some buyers ongoing who are not put off by only a slightly lower price in the bigger picture view.

AprilioMP

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Quote from: tokeweed on April 17, 2024, 09:03:18 AM

I guess. The boomer markets seem to have stopped selling off, it's now just mostly crypto that's still going down. For what reason, not really sure. But the thing is it's funny how after all these years a lot of people still feel iffy about crypto and the legitimacy of it. It's been more than 10 years guys... Crypto is not going anywhere, esp BTC.

But yeah. I locked the poll as per tradition. Rooting for the guys who voted yes. LFGGG!

74.2% of us here voted Yes that Bitcoin will close above 75k. I think with 12 more days remaining according to my time zone, with the current price estimate still experiencing a decline in the next few days until the halving, it is doubtful that it can close at a price above 75k even though according to Coinglass's monthly return data for April 2023 it is green +2.81%.

Instead of selling, it is better to hold until Bitcoin reaches a price of 100k. I don't know what some people are thinking when they decide to sell because Bitcoin, which I know, has been proven and cannot be doubted.

tokeweed

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Quote from: pooya87 on April 14, 2024, 08:43:27 AM

The time between April 1 and 13 is the "tension" time where price goes up and down but I'd say it is not related to the global tensions but just the market doing its thing.

I guess. The boomer markets seem to have stopped selling off, it's now just mostly crypto that's still going down. For what reason, not really sure. But the thing is it's funny how after all these years a lot of people still feel iffy about crypto and the legitimacy of it. It's been more than 10 years guys... Crypto is not going anywhere, esp BTC.

But yeah. I locked the poll as per tradition. Rooting for the guys who voted yes. LFGGG!

Majestic-milf

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Quote from: Hallroom on April 13, 2024, 06:50:47 AM

Bitcoin prices will generally remain under control in April. Because as days go by we are getting closer to Bitcoin halving, Bitcoin halving is only 6 days away. So we are moving towards the halving very close, so the price of Bitcoin is now under control as far as you can invest.

Well if this is what control looks like, I don't think I want it Grin

..so far we've seen an up and down movement in price and it's even worse now that it's price is so unstable that it's forcing people to sell, thereby causing the congestion which is inturn creating a fee hike. This will be my first halving experience and I may not be certain if this kind of instability has occurred before prior to the halving event because this is like something most investors didn't bargain for.
Bitcoin price may go up but I'm still of the opinion that it may keep hovering around the $70-73k area before going up.

pooya87

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Quote from: tokeweed on April 14, 2024, 08:21:26 AM

Funny how almost nobody itt or in the speculation section noticed the couple days of sell downs due to the markets getting spooked on what's happening with Israel and Iran. Cheesy

I posted something about this, I'd say most of the drops we have seen this month is the natural course of the market and its correction after not being able to form a momentum and go higher.

But we have 2 events that is creating a temporary "shock" in the market which leads to weak hands panic selling:
1. On 1 April when Israel performs the terrorist attack on the Iranian embassy and the world fears Iran's response there is a panic sell and price comes down ~$7k
2. On 13 April when Iran responds to the terrorist attack there is again another panic sell where price comes down ~$6k.

The time between April 1 and 13 is the "tension" time where price goes up and down but I'd say it is not related to the global tensions but just the market doing its thing.

Quote from: tokeweed on April 14, 2024, 08:21:26 AM

Friday saw boomer makets go down because Hezbollah attacked Israel.

The Resistance in Lebanon has been attacking Israel the moment they started genocide of Palestinians, which is about 7 months ago, and they never stopped. In simple terms Hezbollah attacking the Zionist occupiers is not a new thing to cause any changes in Bitcoin market on Friday! So if someone panic sold because of one of the operations out of thousands, they have been manipulated into selling and they should change their news source Wink

tokeweed

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Funny how almost nobody itt or in the speculation section noticed the couple days of sell downs due to the markets getting spooked on what's happening with Israel and Iran. Cheesy

Anyway this week could be interesting as we'll find out how the boomer markets react with the news. Friday saw boomer makets go down because Hezbollah attacked Israel. Will it go down again on Monday because Iran attacked the next day?

Here's the monthly chart as it is right now... Stay safe sports fans.

el kaka22

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Understanding what we can do, there needs to be something that could take a long time. We should consider the fact that April will have the halving in it, and that is why it is going to be a little bit harder. I believe that if we could focus on something else, we may end up doing a little better.

Halving is a very sensitive period and that is why I believe talking about just April is not easy, I get why people are worried because it could go down a bit beforehand, which I think is not happening, and it may not skyrocket a lot neither right afterwards. If 80k is hit, I think that wouldn't be weird, I think it looks like something similar to that could happen and I believe that we should probably see that as normal without a doubt.

redhack

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I said no because there are big resistance, Bitcoin won't pass 75k in less than 3 weeks. When it passes 75k we will see much faster rally and potentially to 100k so fast.

Hallroom

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Bitcoin prices will generally remain under control in April. Because as days go by we are getting closer to Bitcoin halving, Bitcoin halving is only 6 days away. So we are moving towards the halving very close, so the price of Bitcoin is now under control as far as you can invest.

Smartvirus

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Quote from: Yaunfitda on April 13, 2024, 05:45:03 AM

We had a minor correction again, as there could be negative news that pull down the price to $67k. But yeah, maybe $75k is possible as we will have the halving in the next couple of days and this could be the last leg for investors who wants to buy at the current price of below $70k. So it's going to be very excited days, we should just look at the fundamentals for now, and not complicate things with TA this weekends. And usually Sat-Sun is a slow phase, volume is not the big as everyone could be just settling down and waiting for the block halving to happen.

Without any statistics to prove, I generally had the notion that Bitcoin would have done some more price than the $70-71k mark it’s been fluctuating about for a high but, it’s becoming more and more evident that this isn’t going to come into play before the halving and even immediately after it, I don’t expect Bitcoin to surge up. Though, sentiments might come into play as investors would be expecting a pump in price which could be a market mover, driving investors to place more buys. My expectations would be that, it would take sometime before these movements starts playing out and I don’t hope to see Bitcoin at $75k before the halving, I find this unlikely to happen.

Yaunfitda

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Quote from: moneystery on April 12, 2024, 04:26:34 AM

i am optimistic that bitcoin can approach or reach 75k usd this month, since many investors are optimistic about the halving and coupled with market conditions which tend to be stable and there is no negative news which makes investors want to sell their assets. even though this is a temporary condition, because it seems that before the halving we will experience a bear market, for people who want to make a profit, maybe now is the right time to sell.

We had a minor correction again, as there could be negative news that pull down the price to $67k. But yeah, maybe $75k is possible as we will have the halving in the next couple of days and this could be the last leg for investors who wants to buy at the current price of below $70k. So it's going to be very excited days, we should just look at the fundamentals for now, and not complicate things with TA this weekends. And usually Sat-Sun is a slow phase, volume is not the big as everyone could be just settling down and waiting for the block halving to happen.

STT

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Judgement day for BTC except its a Saturday, I would prefer a week day for good volume but we'll see how this weekly bar ends. Its a big deal now because price fell to the 50 DMA and the fight is now an active contest between the bulls and bears in this area. Moving averages arent resistance or support, it is just an indicator of the wider picture but so many people are aware it becomes a battle ground.

We'll see how it goes down, the vice will continue to tighten as 50DMA rises every day, 66.5k today and lows are retracting away from any sell below that measure. Again this is people observing and buying not solid support as such hence I think further troubles are at least possible to develop. I think 62k was where I was thinking more like a hard line because it relates to actual prior trading hence some volume support also.

moneystery

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i am optimistic that bitcoin can approach or reach 75k usd this month, since many investors are optimistic about the halving and coupled with market conditions which tend to be stable and there is no negative news which makes investors want to sell their assets. even though this is a temporary condition, because it seems that before the halving we will experience a bear market, for people who want to make a profit, maybe now is the right time to sell.

Wind_FURY

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Quote from: kentrolla on April 11, 2024, 03:26:47 PM

Quote from: Wind_FURY on April 11, 2024, 06:50:23 AM

I believe the poll should be, "Is the halving priced in? Yes or No?" Cool

Although, the current poll already gives almost the same observation. Above $75,000 = "It's not priced in". Below $75,000 = "It's priced in".

During the last cycle I had the belief that it was already priced in weeks before the halving, and I also believed that a surge would come months later after that halving. But Bitcoin proved that I was wrong.

It's high time we can expect the unexpected outcomes because similarly I had so many speculations based on the Bitcoin history like Bull run will start only post halving and ATH can be teach only post halving but it turned out wrong. I personally don't see a different pattern in BTC price than what it was last month and I belive we may see some changes in second half of April but I may be wrong.

But if you ask me, I believe NOT. We should definitely expect the EXPECTED after the halving, and that's it is NOT priced in. The current market situation is merely a correction/people selling because the believe it's priced in. BUT absolutely like last cycle after the halving, price started increasing little by little until it SURGED and it will SURGE after the halving AGAIN.

kentrolla

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Quote from: Wind_FURY on April 11, 2024, 06:50:23 AM

I believe the poll should be, "Is the halving priced in? Yes or No?" Cool

Although, the current poll already gives almost the same observation. Above $75,000 = "It's not priced in". Below $75,000 = "It's priced in".

During the last cycle I had the belief that it was already priced in weeks before the halving, and I also believed that a surge would come months later after that halving. But Bitcoin proved that I was wrong.

It's high time we can expect the unexpected outcomes because similarly I had so many speculations based on the Bitcoin history like Bull run will start only post halving and ATH can be teach only post halving but it turned out wrong. I personally don't see a different pattern in BTC price than what it was last month and I belive we may see some changes in second half of April but I may be wrong.

Topic: BTC Sentiment Poll for April - page 2. (Read 1151 times)