Topic: BTC Sentiment Poll for April - page 3. (Read 1153 times)

of course like those recent POL monthly that majority of Bitcoiner are positive about the future
of bitcoin or at least these past many months that market is showing differently to what we have
experience in the past weeks so that would be the reason why votes continuously making positive
to almost everyone.
not sure if this is also the trend in the past pre halving months?
because for what we have seen just last halving? in the halving month
itself the price starts falling because people are selling instead of buying.

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

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.

I suspect that the ending part of this month of April will be more pumping than we had it when it first started, maybe this may be due to the close of halving by then or other economic activities that may affect the buy and sell of markets to either increase or decrease under the demand and supply chain, tis is how i see the market performance, but anything can change, we should henceforth be expecting for more bull than bear in this season as we continue in the bullrun for the year 2024.

Now we are in April, and Bitcoin prices are still in the range of $70K to $72K, which could possibly exceed the previous record high. But we also need to analyze purchasing power and sales volume when the halving starts so that we can make a more accurate estimate of the price that Bitcoin will reach this month. Because everyone hopes that this April can be a really good month for Bitcoin in order to see new records that are not common in Bitcoin.

The question can be read two ways, will we close at all above 75k in April.   Yes we will, sure why not pure volatility spikes can get us that far by lunch time and we sell back down by dinner.

The bigger question and Im guessing the intended question perhaps is to get 75k, hold 75k and maybe most of all to close the final day of April above 75k.   I guess it helps if the monthly bar on a giant graph using months would show 75k sustained, thats a mighty big building block by which we might go on so high as to touch space eventually.

Grand ambitions but first I would guess the best bet is that unless otherwise indicated we are always set to repeat and that means another March for April, I actually thought previously we'll sell into a negative April so this sideways close would be comparatively positive in resisting these profit taking temptations by so many who have held maybe a year or more; surely BTC is doing very well even while standing still.

The CPI increased and exceeded expectations, and all financial markets are in the same "red" color, including bitcoin. 10 days from now the halving will take place and 20 days until April will end, does anyone here want to change their opinion about the market this month? Or are you still optimistic that bitcoin will continue to rally and conquer new ATH like the vote OP gave?

Things are not looking good with the CPI being higher than expected but I still believe April will still be a good month for bitcoin. I haven't changed my opinion on bitcoin this month.

The optimism we all have around this time about the price of bitcoin has been the real drive for our unwavering stacking in anticipation for the halving, you find out that periods like this a great number are on the buying side with just an insignificant number of investor selling which is why I am with the sentiment that bitcoin will close above $75k before the end of  month April. The only thing stoping this is probably a bad market news in the middle of the month creating FUD that kicks panic into the mind of investors to sell otherwise $75 is a reality.

The halving story is not new and we have mined over 19 million bitcoins and have just over 2 million bitcoins left unmined. Halving will still be a notable and meaningful event for bitcoin but I think what bitcoin needs more is its legitimacy and popularity. Scarcity is useless if the demand for it does not increase, and to be able to make the demand increase sharply. And to achieve global adoption, legitimacy is absolutely necessary and that is why I value ETFs over bitcoin halving at this stage.

People have a habit and are too dependent on that habit of always thinking that bitcoin will increase in price after the halving, and because of that, many people who missed out on bicoin suddenly created a new ATH before the halving.

Personally, I don't like being too rigid and always want to update and adapt to rapid changes. I believe that once the ETF is passed, everything will change and will be very different, it will no longer follow the old rules we used to know. Time will tell everything, who will be right and who will be wrong  .

I doubt bitcoin can close above $75k this month. But that could happen if there is a lot of positive sentiment. Considering that currently the price is still undergoing correction, that's what makes me unsure.
However, we know that bitcoin can surprise after the halving. Such sudden increases have happened frequently so we can expect the price of bitcoin to close above $75k this month.
The feeling is still as usual, waiting for the ATH price of bitcoin to occur while enjoying the ups and downs of the bitcoin price. And I'm also curious about the price of Bitcoin after the halving.

The market is so funny, you can't expect it to continue to do the same thing all the time, and the time you expect it to behave in a certain way might be the time it does the opposite. What Bitcoin displayed so far should make any futuristic speculators be careful, anything can happen. The coin moved beyond expectation in recent times, so the halving that people are so much expecting may not be the saving grace this time, that's the market psychology for you. Just like how it behaved during the ETF fillings, the headlines, news and rumour made Bitcoin move significantly higher last year. That was before the actual approval happened.

Now, what happened when the ETF was actually approved? Bitcoin first dived down to the south earlier this year before later stabilizing and found its path upward afterwards and has not moved so much above the time it dived down till today. That could mean something when the market is hesitant, be sceptical as well. The same move is what I suspect this time which made me doubtful of the $85,000 immediately after halving. And hitting $75,000 and even breaching for a while doesn't automatically translate to significantly breaking it. There could be false breakout which will always be greeted by a powerful market reversal or retracement as the case may be. If this is now happening immediately after the halving, it could turn the whole market sentiment negative for as long as posisble.

I voted "yes", like the majority, Well, I think that at the prices we are at, a little below ATH, which has been at these levels for some time, and the proximity of halving, it is simply more likely that at the end of the month the price will be higher. I'm not saying that's necessarily the case, but what I think is more likely. In any case, in the months after halving I expect an approach to $100K, although I think beating that figure will take a few tries.

These terms have always been a guideline that will never lie, as long as your mentality is still strong enough then follow these words. Don't panic too much, just buy below and sell above. halving makes it quite different and only days are left. Bitcoin continues to be pumped and this is certainly not the end. there will still be crazier increases. Bitcoin continues to print new ATHs to silence those who are not in line with Bitcoin.

If the market shows Fomo signals because of the halving event and helps bitcoin reach $75k, why can't it rise to $85k or $90k? I personally believe that if bitcoin can surpass $75k then the $85k target will also happen this month or there will be a delay of early May.

But what I find a bit worrying is that everyone expected growth in bitcoin and the halving was the catalyst here. This makes me a bit nervous because I find that most of the time bitcoin does not move according to the wishes of the crowd. But I hope my worries are wrong and things will work out as everyone wishes. We had to wait many years to see the halving event and no one wants bitcoin to be dumped again.

I just voted Yes here, it's so likely that Bitcoin will hit $75,000 this month. First, this is the much-anticipated month of halving, and second, the asset itself has done the needed correction. Thirdly, it is above important support levels on the daily chart with a bullish price action. Holding above the TrendMagic line of $67,629 and the daily chart Fibo level of $65,432 are key factors for it to continue to rise this month. It however hit $73,000 yesterday, I believe that if it can breach the monthly high of about $72,750, it will continue to push higher for the test of the $75,000 expected this month. A breach above the level might make it proceed even higher, but I do not see this market hitting higher than $85,000 in April regardless of halving.

The halving will take place in the month of April and once the halving takes place, the price of Bitcoin will rise. But surely this April Bitcoin price will definitely break the previous record and set a new record. Because March had the highest increase in Bitcoin price which was 73.6kIt touched up to dollars. So it is expected to peak when the price of Bitcoin starts to rise this April.

I voted yes because I cannot vote for I do not know. Similar to the concerns from many people, the American government made a test transaction of $69 to Coinbase. The person who sent this amount has a sense of humor hehehee. However, there is a speculated amount of another 30,000 coins to be sent and this might be dumped on our faces with mouths open. However again, the halving will be on April 18 which might cause a pump. This will be a head scratching market.

ETF won't have more impact than the halving. In fact, to be it's ETF that has the more shot term increase. Even before the EFT approval, I predicted this to happen. I knew it would have an impact and bitcoin price will increase but in a short period, there will be a correction. With the halving prive goes up over time, not over a short period of time like it was after ETF approval.
This has always been the behaviour of bitcoin during each halving, not like it's a certainty, there would be no risk if it was certain, but there a very high percent chance of it happening.
What makes this year's halving more unique is that the ETF approval has created more awareness to bitcoin, so that means more investors and more investors means more buying and higher price increase.

Corrections, when it comes to bitcoin are a normal thing. When bitcoin is manipulated, it usually has a short term effect before it corrects, but when it was determined by market forces and other economic and financial factors that affect the players, it's happens steadily.
Bitcoin price is hardly ever stable for a long period of time. It can only revolve around a certain range like how it was on 65 - 69 recently before finally breaking away to >70k.

It's okay to have your own investment style and trust your decision, but it not right to based it totally on a bunch or feeling. Intuition is good, but don't base your whole investment on that alone.
It's common knowledge that with bitcoin, long term investment is best, and this is a proven fact. If bitcoin price drops to 50k from 72 today, all you gotta really do is hold for much longer.

tokes, holiday? What's that?

I'm leaning for a halving expectancy here. Which means, no $75k close, even if we might gun for it in the next week or so. Purely arbitrary, I suppose. I think one surprise (ATH pre-halving) is about enough for the quarter, would take a bit more than interest and supply halving to deter those looking to skim off quick profits. Shake out some of them would-be long-termers, and then some more positivity leading to US elections, wham bam, new severe ATH.

I am reading more and more about supercycles. Which I dislike, since the majority always seem to be proven wrong.

I think the price will continue to increase. The last high price we saw was not the highest price. After the halving, there is a possibility that the price will rise slowly or go straight to its highest price.

But it all may take time so we have to be patient first. For this April, it looks like the price will reach over $75k as we already see $73k as the current high. But we still can't know what Bitcoin's latest ATH price is.

But we will also see a correction that will occur this April so we have to prepare ourselves. There is still time if you want to collect Bitcoins. Use it to increase the Bitcoin you have.

I think in contrast to you, I personally appreciate the impact of the ETF more than the halving. But in the end it's all just news for sharks to legitimize their manipulation. To me, the movement of bitcoin or the cryptocurrency market is still more manipulated than based on supply and demand and that's why I don't put much hope in the big events that most people expect.

My investment style is very simple, I will make predictions and will trust my decisions. If I'm wrong, I'll probably cut my losses or become a reluctant long-term investor, if my prediction is correct, I will make some significant profits in the short term.


I even believe that in the next 3 weeks bitcoin could reach a new ATH and I expect to touch 90k$-95k$ in April and May, but then there will be a significant correction as everyone excited about the ever-increasing frenzy of market growth.

The POW projects I'm talking about are LTC, DOGE, KDA, NKN...these projects are suitable for short-term investments because they benefit from the bitcoin halving.