Topic: BTC Sentiment Poll for December - page 4. (Read 779 times)
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.
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.
with 3 weeks more now , do you think that this is enough for bitcoin price to drop more again? we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.I believe that this is the lowest and there might be coming pump in the following weeks.
If that's just a prediction for this December, then it's doubtful that bitcoin could fall any further, after several days of plunging, the market needs at least a slight bounce before continuing to decline. But in the long term, or ask the bottom at the end of this bear season, I also believe bitcoin will have a drop below $12k. The market will crash again soon, and I don't know what will cause it to do so, but I predict it will be something like the FTX crash.
December sentiment will be more bearish that what we have in October and November .
and with so much happening in the world economy now? wondering what would be the faith for bitocin at least this year and even in the next .
Many people are confident that the FTX drama is over, but in my opinion, it is just the beginning of a chain of collapses ahead that we will face. As always, the market will not crash continuously but will have a period of recovery and then continue to be pushed lower. This is how the market tortures us until we get really depressed and believe that the market will not rise again then the market will recover. To me, what is happening in the market is just a psychological game, whoever perseveres to the end will be the winner.
Nothing special this December that could trigger such a price recovery but what we might see is just the same as what we witnessed last month where drops can possibly happen more than ups. Honestly, I didn't expect a lot this month, not even I think the bear season will end early next year.
The price of Bitcoin will just about to stay from this range of $18k - $22k...just my opinion.
We are still facing the global economic crisis and a big factor why it was quite impossible to see a price increase this year and remain bearish.
The price of Bitcoin will just about to stay from this range of $18k - $22k...just my opinion.
We are still facing the global economic crisis and a big factor why it was quite impossible to see a price increase this year and remain bearish.
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.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.
Sometimes I'm not really sure if it's really what they really think would happen or if it's what they want to happen. I'm guessing it's the latter as a lot of people are starting to lowball and try get in cheap.
You are probably right. At least for me, that is what I want to happen. I would like to accumulate more bitcoin with cheaper price before the next bull run comes around. Maybe, that is the same with others that is why the result of the pool in bearish.
I always love these topics, it shows what people think at the start of the month, and then we see the real end of the month as well. Sometimes the majority is right, and sometimes they are wrong but there is one thing that is certain which is the fact that it's not general knowledge of what's going to happen. Correct me if I am wrong but I have never seen the community picking the right thing with like %80 votes, its always close, and its always a bit wrong, which means that plenty of people have no idea what's going to happen in the next 30 days, and that's a good thing for the market because that means anything could happen.
Lol yeah.. It's fun. And it's good to know what the overall sentiment is for the month.
Anyway I'm seeing some guys thinking BTC would drop some more below 15k. Sometimes I'm not really sure if it's really what they really think would happen or if it's what they want to happen. I'm guessing it's the latter as a lot of people are starting to lowball and try get in cheap.
I don't vote in my own polls but leaning towards we already saw the bottom. Dunno... Could change next month. Lol.
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. From my own view to what the price of Bitcoin may be towards the end of December is that I don't think we're going to see a new lows this month until next year January, Because December 14 will be another decisive day for the price of Bitcoin, depending on what the Fed is gonna come out with, regarding interest rate.
For me I do think they may start quantitative of easing (QE) maybe do lower 50 basis points(bps) this December, and that would a kinda ease much pressure a bit on the price of Bitcoin.
What if the decision of FED is negative? So that causes the price to decrease and there is a possibility that a new ATL is going to be spotted this month. This isn't a big problem though because people are already used to this. Some will still see this as an advantage because they can be able to buy btc again at a much lower rate.For me I do think they may start quantitative of easing (QE) maybe do lower 50 basis points(bps) this December, and that would a kinda ease much pressure a bit on the price of Bitcoin.
I think the real recoveries for example like above $25k is going to happen by next year. Preferably on the month of January. If that happens many of us are going to sell some of our coins only to have some pocket money because people can celebrate heavily on the month of December and they will end up being broke once January starts.
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.
with 3 weeks more now , do you think that this is enough for bitcoin price to drop more again? we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.I believe that this is the lowest and there might be coming pump in the following weeks.
If that's just a prediction for this December, then it's doubtful that bitcoin could fall any further, after several days of plunging, the market needs at least a slight bounce before continuing to decline. But in the long term, or ask the bottom at the end of this bear season, I also believe bitcoin will have a drop below $12k. The market will crash again soon, and I don't know what will cause it to do so, but I predict it will be something like the FTX crash.
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.
with 3 weeks more now , do you think that this is enough for bitcoin price to drop more again? we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.I believe that this is the lowest and there might be coming pump in the following weeks.
If that's just a prediction for this December, then it's doubtful that bitcoin could fall any further, after several days of plunging, the market needs at least a slight bounce before continuing to decline. But in the long term, or ask the bottom at the end of this bear season, I also believe bitcoin will have a drop below $12k. The market will crash again soon, and I don't know what will cause it to do so, but I predict it will be something like the FTX crash.
December sentiment will be more bearish that what we have in October and November .
and with so much happening in the world economy now? wondering what would be the faith for bitocin at least this year and even in the next .
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.
with 3 weeks more now , do you think that this is enough for bitcoin price to drop more again? we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.I believe that this is the lowest and there might be coming pump in the following weeks.
If that's just a prediction for this December, then it's doubtful that bitcoin could fall any further, after several days of plunging, the market needs at least a slight bounce before continuing to decline. But in the long term, or ask the bottom at the end of this bear season, I also believe bitcoin will have a drop below $12k. The market will crash again soon, and I don't know what will cause it to do so, but I predict it will be something like the FTX crash.
December sentiment will be more bearish that what we have in October and November .
and with so much happening in the world economy now? wondering what would be the faith for bitocin at least this year and even in the next .
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.
with 3 weeks more now , do you think that this is enough for bitcoin price to drop more again? we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.I believe that this is the lowest and there might be coming pump in the following weeks.
If that's just a prediction for this December, then it's doubtful that bitcoin could fall any further, after several days of plunging, the market needs at least a slight bounce before continuing to decline. But in the long term, or ask the bottom at the end of this bear season, I also believe bitcoin will have a drop below $12k. The market will crash again soon, and I don't know what will cause it to do so, but I predict it will be something like the FTX crash.
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.
with 3 weeks more now , do you think that this is enough for bitcoin price to drop more again? we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.I believe that this is the lowest and there might be coming pump in the following weeks.
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.
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.
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I think December will be as red as November. It would be logical to have a final capitulation in the market. Just the annual candle on the bitcoin chart turns out to be red. It seems to me that the 10-12k level where the rapid growth started in 2020 should be tested again. Although every previous month I have waited for a bounce and never guessed, I would be happy to be wrong about December as well.
I'm actually voting no, bottom's not going to come in just yet. Some seller exhaustion as you mentioned, miners getting squeezed out, but dollar is finally relenting by a lot (I send money home so the value's just dropped off almost 10% since last month) and then Fed should make good on their promise to ease off on interest hikes.
That'll bring relief this month, and maybe next -- but it won't be enough for the real bad news when that hits like a heap of bricks.
That'll bring relief this month, and maybe next -- but it won't be enough for the real bad news when that hits like a heap of bricks.
To be honest, it's pretty debatable, whether the price has reached the minimum of the bear market or not ? I mean whenever we see BTC going up, after few hours it again starts crashing. Starting of this month BTC was giving positive vibes, when suddenly it touched 17k USD out of no where. But currently BTC again struggling under the 17k USD mark. According to me, let's not break our hopes. Lets all pray that BTC anyhow touch the 20k usd mark by the end of this month. If this happens then definitely we gonna see some great positive results next year. Let's hope for the best.
It seems @OP needs to add one more choice, which is undecided because I'm on those two let alone for the end of this year. At the end of this year, we may still see the price go up and down, making us curious whether the bitcoin price has bottomed out or will still decrease until next year.
But the price could still go down to the $ 10k- $ 13k level again. But hopefully, that doesn't happen, and the price can stay at the current level.
But the price could still go down to the $ 10k- $ 13k level again. But hopefully, that doesn't happen, and the price can stay at the current level.
I stand for yes just for this year alone , because according to the movement of bitcoin for years , December mostly brings positive effect but of course this is not that certain as this may change any time.
but I wanna stay positive no matter what , because I have nothing to lose here as I am a holder.
but I wanna stay positive no matter what , because I have nothing to lose here as I am a holder.
From my own view to what the price of Bitcoin may be towards the end of December is that I don't think we're going to see a new lows this month until next year January, Because December 14 will be another decisive day for the price of Bitcoin, depending on what the Fed is gonna come out with, regarding interest rate.
For me I do think they may start quantitative of easing (QE) maybe do lower 50 basis points(bps) this December, and that would a kinda ease much pressure a bit on the price of Bitcoin.
For me I do think they may start quantitative of easing (QE) maybe do lower 50 basis points(bps) this December, and that would a kinda ease much pressure a bit on the price of Bitcoin.
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