BTC Sentiment Poll for December - page 3.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: 19Nov16 on December 09, 2022, 09:20:26 AM

It can be said that December is better than November, although November has touched $ 22k, but if we look at the daily transaction trends that occurred in December, we deserve to be optimistic that the December is the beginning of the bull run, maybe before April 2023 the price has already been touch $ 30k.

Really hard to make out conclusions if we do currently saw the current price as of this moment.You cant really make out connections and make those presumptions that on each year
where prices on every month would really be the same.

Yes, we could or might really see some patterns but its not something a solid thing which you could really assume that it would be happening on next year.
This do really proves out that this market is really something random and cant really be predicted way ahead.
For now the price is starting to make out some increase but in small percentage, cant still remove the possibilities of dipping.

pooya87

legendary

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Quote from: Emitdama on December 13, 2022, 04:23:03 PM

Quote from: pooya87 on December 13, 2022, 09:27:52 AM

Things are just like previous months without any change. We are not in a bear market nor a bull market. And the price is not going to go down unless some negative event takes place like FTX crap that happened and caused a drop or the Russian invasion that was the beginning of all this.

In short if nothing changes we will continue seeing sideways with a little rise...

I have to say that price will not go down, but it's not like it's going up neither. By the looks of it, we are going to probably live a very calm month and the price will stay the same for sure. I am not saying that's the best thing neither, maybe that's good or maybe that's bad, but that is what we are going to end up living in for sure.

This is why I made all my financial arrangements according to what we have been living currently and as if we are going to end up with the same price range for the rest of the month. If I am somehow wrong and it moves up or down too much I will be fine, I am a long term investor but it wouldn't really be a great deal.

The market doesn't seem to be ready for a big rise yet considering what is happening to the economy in EU and to some extent US. But at the same time market is very ready to go back above $20k which was the strong support before the FTX thing happened. Right now we are seeing a small but a good momentum with price passing $18k...

Emitdama

sr. member

Activity: 1918

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Quote from: pooya87 on December 13, 2022, 09:27:52 AM

Things are just like previous months without any change. We are not in a bear market nor a bull market. And the price is not going to go down unless some negative event takes place like FTX crap that happened and caused a drop or the Russian invasion that was the beginning of all this.

In short if nothing changes we will continue seeing sideways with a little rise...

I have to say that price will not go down, but it's not like it's going up neither. By the looks of it, we are going to probably live a very calm month and the price will stay the same for sure. I am not saying that's the best thing neither, maybe that's good or maybe that's bad, but that is what we are going to end up living in for sure.

This is why I made all my financial arrangements according to what we have been living currently and as if we are going to end up with the same price range for the rest of the month. If I am somehow wrong and it moves up or down too much I will be fine, I am a long term investor but it wouldn't really be a great deal.

suzanne5223

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Quote from: BigBos on December 13, 2022, 09:01:12 AM

Quote from: Pierre 2 on December 09, 2022, 11:10:19 AM

I voted no, but I feel we are more close to bottom compared to November for sure. Bitcoin bears are running out of gas in my opinion and everything will suddenly look far better than usual in couple of months or weeks. But we need more patience guys.

I agree with you, we just need to be patient and not get too fussy, but it will be very difficult for people who are looking for profits shortly in Bitcoin, people like us who buy Bitcoin for the long term will certainly not pay attention to the market, and do not care about rejection the market at a time like this, the cheaper the bitcoin, the more we can buy, we only think about long-term accumulation.

Current Bitcoin sentiment Sideway we can indeed recover to 17k but yes that's not enough to say the price is safe on the chart, but if you want to accumulate Bitcoin for 1-10 years, don't pay too much attention to things like that.

@Pierre 2
If Bitcoin continues its 4 years cycle, we have not achieved the bottom price and we're not close either to the bottom either because BTC is always downtrend at least 80%- 85% of its ATH price. We need to wait until we see the next year's market trend before we what's really happening if BTC still replicates its 4years cycle.
@BigBos people who invested in Bitcoin for the long term also need to pay attention to the market because the market is full of possibilities and can present a new opportunity anytime.

waseem000786

newbie

Activity: 700

Merit: 0

Has BTC finally hit this bear market's bottom?
no

pooya87

legendary

Activity: 3472

Merit: 10611

Things are just like previous months without any change. We are not in a bear market nor a bull market. And the price is not going to go down unless some negative event takes place like FTX crap that happened and caused a drop or the Russian invasion that was the beginning of all this.

In short if nothing changes we will continue seeing sideways with a little rise...

BigBos

sr. member

Activity: 2016

Merit: 456

Quote from: Pierre 2 on December 09, 2022, 11:10:19 AM

I voted no, but I feel we are more close to bottom compared to November for sure. Bitcoin bears are running out of gas in my opinion and everything will suddenly look far better than usual in couple of months or weeks. But we need more patience guys.

I agree with you, we just need to be patient and not get too fussy, but it will be very difficult for people who are looking for profits shortly in Bitcoin, people like us who buy Bitcoin for the long term will certainly not pay attention to the market, and do not care about rejection the market at a time like this, the cheaper the bitcoin, the more we can buy, we only think about long-term accumulation.

Current Bitcoin sentiment Sideway we can indeed recover to 17k but yes that's not enough to say the price is safe on the chart, but if you want to accumulate Bitcoin for 1-10 years, don't pay too much attention to things like that.

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: fzkto on December 03, 2022, 12:47:35 PM

Although every previous month I have waited for a bounce and never guessed, I would be happy to be wrong about December as well.

Don't be too hopeful for the month of December because it usually don't have bounce up but lower lows. So except you are expecting a down for the month so that before the year run out you will take the opportunity to enter. However this year may be different because by now we are suppose to be in red till the ending of the first quarter of next year because of the activities of December and busy btc withdrawal.

Shaha98

full member

Activity: 140

Merit: 135

There is no record in history that the price of Bitcoin has fallen. Because 35 to 40% opportunity is created for people or investors to invest. BTC hasn't gotten so cheap that it wants to get any cheaper. But a new opportunity has been created for people to invest, but if you can invest now, you will definitely be at the peak of simplicity here. But if such opportunities do not arise later, this is enough time to invest.

iamsange

sr. member

Activity: 903

Merit: 391

Quote from: Vinaa77 on December 11, 2022, 03:48:32 PM

Of course at record Bitcoin prices, December was not a good month for crypto. But there are always surprises before closing year-end prices. If we want to take part of that, of course we have to do it fast, and get out fast. Because crypto will make a new comeback at the end of Q1.

A comeback is still possible for Bitcoin, but considering the price is still at $17K at the moment. I'll still be waiting for a price increase in Bitcoin before entering Q1 next year, because the current price range is still in the very cheap category in my opinion so buying and waiting for a better price than now won't be wrong either because it's a good option to do now

Vinaa77

sr. member

Activity: 1344

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Quote from: jakelyson on December 04, 2022, 06:34:01 PM

Quote from: Vinaa77 on December 04, 2022, 12:42:27 PM

Quote from: tokeweed on December 02, 2022, 10:51:01 AM

The chart below doesn't really look all that good but if you have been following the price action everyday it feels like there aren't a whole lot of sellers left. So hence the poll.

In every month there are always surprises that happen with Bitcoin. Bullish and bearish are two things that cannot be separated. November was not so good in terms of crypto changes, but the surprise remained with the price increase reaching $21.5k from $19k. But if we pay attention to December, of course this will also happen. Bitcoin's current state is clear that the small pump is starting. Price change from $16.4k to $17k.

Less likely that it will happen in December. As I recall, December is always a bear month. Maybe a few spikes here and there but mostly bears. Maybe, if there is a spike in price, that will happen before the Holiday and then a downtrend from there. I would be surprised if we end up in green from the previous month. But that is just me speculating from experience, maybe the technical side have better news or views from me.

Of course at record Bitcoin prices, December was not a good month for crypto. But there are always surprises before closing year-end prices. If we want to take part of that, of course we have to do it fast, and get out fast. Because crypto will make a new comeback at the end of Q1.

tokeweed

legendary

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Life, Love and Laughter...

Quote from: 19Nov16 on December 09, 2022, 09:20:26 AM

It can be said that December is better than November, although November has touched $ 22k, but if we look at the daily transaction trends that occurred in December, we deserve to be optimistic that the December is the beginning of the bull run, maybe before April 2023 the price has already been touch $ 30k.

Is it really the beginning of the bull run tho? I could see the logic for saying that we could be at the bottom or near it but the beginning of a new bull market? Nah. Usually we see a lot of side ways action and a lot of people start to get bored and sell their bags instead of slowly buying bit by bit and have a decent bag before the next bull run.

Anyway, the poll is close 9 votes says we have hit bottom and with 12 expecting another sell down. There could be a sell down but as I've been saying, it might not be that huge.

Pierre 2

legendary

Activity: 2436

Merit: 1366

I voted no, but I feel we are more close to bottom compared to November for sure. Bitcoin bears are running out of gas in my opinion and everything will suddenly look far better than usual in couple of months or weeks. But we need more patience guys. Even poll says something, result is no but, yes voters are getting higher in numbers, which means only 1-2 good news about Bitcoin will light markets all green, for Bitcoin and all other altcoins.

19Nov16

sr. member

Activity: 1722

Merit: 252

It can be said that December is better than November, although November has touched $ 22k, but if we look at the daily transaction trends that occurred in December, we deserve to be optimistic that the December is the beginning of the bull run, maybe before April 2023 the price has already been touch $ 30k.

rokok lokal

member

Activity: 120

Merit: 25

Investors are stockpiling bitcoin and the underlying blockchain technology, but transaction speeds are too slow to keep up with the growing demand. Bitcoin going up so fast that it exponentially increases the number of hoarders. When prices drop, many of these people start selling to pay their bills while others panic and sell just to get out quickly and possibly for a profit. This is what is called a thorough sell for many people investing, at least enough to influence the market.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: dezoel on December 05, 2022, 11:39:32 PM

Quote from: LogitechMouse on December 05, 2022, 07:32:58 AM

I believe that the FTX drama is over, and the contagion is not affecting other companies that much anymore compared to where it was when FTX scam is at its peak. Gemini stopped their earn program, not that much effect on the market. BlockFi filed for Chapter 11, not that much effect on the market. In the future, there might be some companies who will get affected by the FTX scam but it's effect to the market is only little to none. I believe that we've seen the bottom already and I think we will go sideways this month with $20,000 as its resistance but if there will be another FTX-like even that will happen then I hope we're ready for it.

Overall, we can't change the fact that bear market = opportunities for intelligent investors to buy some Bitcoins. Bitcoins are cheap right now so now is the perfect time to accumulate slowly while waiting for the bear market to be over.

There are still a lot of people who ended up with saying no, and I do not really understand how much lower they think that we should be reaching. I am not saying that we will reach a lot lower, but that also doesn't mean that we should be seeing anything under the bottom neither, even if we fall a bit, we could fall above bottom and that should be fine. Bottom was something about 16k, we already reached above 17K+, which means that if we hit 16.5k that is still above bottom and also a drop at the same time.

This is why I believe we already saw our bottom, it's not going to really drop lower than that, it will most likely end up going higher for sure.

It is difficult to know what other people are thinking, however if I had to guess those people believe the drama caused by FTX is still not over and we could see other exchanges, businesses and coins crashing hard or disappearing.

And a series of events like that could push the price down once again as the market is still very vulnerable, however even if that happened it seems to me we are already close to the bottom and this is a good moment to buy even if such a prediction became a reality.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: cryptoaddictchie on December 03, 2022, 02:00:28 PM

As much as I wanted to say yes, and hope its the last bottom but we could definitely see its a no since the graph tells us a lot by its trend and form. I highly thinks that December will be a roller coster ride and the real recovery will happened by next year. Hoping to massive institutions to come to their senses and started cashing in some flows on investment.
.

supporting that mate because there seems to be more to come about the lowering market
https://coinmarketcap.com/currencies/bitcoin/markets/
bitcoin cannot stand long at 17k for the whole week , though it passes several times yet nothing consistent about this to come.

Quote from: ice18 on December 04, 2022, 01:29:15 AM

Voted "NO", from my personal view in bitcoin price Im still waiting for more drop below 14k and like I said in some comments in related threads btc price not yet reached the -85% down from the top like previous bear markets did, if this price fall at below $14k then the bottom is possibly meet or we are very near so lets wait patiently if this will happen.

there are some says it may drop down to 10k mate so lets see what comes as like you? i also wanted to buy at very cheap price .

dezoel

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Quote from: LogitechMouse on December 05, 2022, 07:32:58 AM

I believe that the FTX drama is over, and the contagion is not affecting other companies that much anymore compared to where it was when FTX scam is at its peak. Gemini stopped their earn program, not that much effect on the market. BlockFi filed for Chapter 11, not that much effect on the market. In the future, there might be some companies who will get affected by the FTX scam but it's effect to the market is only little to none. I believe that we've seen the bottom already and I think we will go sideways this month with $20,000 as its resistance but if there will be another FTX-like even that will happen then I hope we're ready for it.

Overall, we can't change the fact that bear market = opportunities for intelligent investors to buy some Bitcoins. Bitcoins are cheap right now so now is the perfect time to accumulate slowly while waiting for the bear market to be over.

There are still a lot of people who ended up with saying no, and I do not really understand how much lower they think that we should be reaching. I am not saying that we will reach a lot lower, but that also doesn't mean that we should be seeing anything under the bottom neither, even if we fall a bit, we could fall above bottom and that should be fine. Bottom was something about 16k, we already reached above 17K+, which means that if we hit 16.5k that is still above bottom and also a drop at the same time.

This is why I believe we already saw our bottom, it's not going to really drop lower than that, it will most likely end up going higher for sure.

Kelvinid

sr. member

Activity: 2828

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win lambo...

Quote from: inthelongrun on December 05, 2022, 06:55:30 AM

I voted "yes". That was it! $15k was the bottom. The recovery from the FTX effects is looking healthy. There are no extra long candles that create imbalances except the first strong bounce back last November 22 hence it dropped again in the next few days. It will swing a little and can probably touch the $16k level again. But unless we can see another bad news that is capable of shaking the market once again, BTC should be alright. Maybe $20k is already attainable before this month's end.

Many are still not getting over the FTX issue which I think that this short pump isn't about FTX effects but probably people are done with the selling and now investors/whales are bringing back the market to pump again. But never I see this could go far, the pump is likely a short pump but the bearish condition of the market will remain as is.
I hope no more scam exchange issue happen this month and that FTX will only be the last, otherwise we can't move forward and see for another bottom again.

LogitechMouse

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Quote from: tokeweed on December 02, 2022, 10:51:01 AM

Ok... November wasn't really that great for BTC. To recap, it was doing great the first couple of days and looked like it was finally starting to break out and trend up higher until the FTX fiasco spoiled the party. But then around November 22, the market seemed not to care anymore and started going up again.

The chart below doesn't really look all that good but if you have been following the price action everyday it feels like there aren't a whole lot of sellers left. So hence the poll.
~

I voted Yes to this one.

I believe that the FTX drama is over, and the contagion is not affecting other companies that much anymore compared to where it was when FTX scam is at its peak. Gemini stopped their earn program, not that much effect on the market. BlockFi filed for Chapter 11, not that much effect on the market. In the future, there might be some companies who will get affected by the FTX scam but it's effect to the market is only little to none. I believe that we've seen the bottom already and I think we will go sideways this month with $20,000 as its resistance but if there will be another FTX-like even that will happen then I hope we're ready for it.

Overall, we can't change the fact that bear market = opportunities for intelligent investors to buy some Bitcoins. Bitcoins are cheap right now so now is the perfect time to accumulate slowly while waiting for the bear market to be over.

Topic: BTC Sentiment Poll for December - page 3. (Read 792 times)