Topic: BTC Sentiment Poll for Feb - page 2. (Read 692 times)
This poll is yet another proof that people always vote for their wishes not their speculation. The choice of words in the second option ("dead cat bounce") ensures this proof, specially if you consider that many of them "missed out" on buying the dip and regret that decision.
I voted for dead cat bounce since we are only talking for the month of February.
As we can see the price increase is not consistent yet and at this point there's a correction. Probably because of those investors who are taking profit for short term gain, hence I think we are not yet heading to bullish season.
Anyway we're still in the first quarter of the year so there are many unexpected things that can happen. I think it is now safe to say we are done on bearish season since the price is already above $40k, but of course it is still uncertain.
I would understand not considering this as a bullish season just yet, since we are only up like 15 to 20% from the bottom but at the same time calling that a dead cat bounce would not really work. I am not saying that it will not drop but we went up 15%+ already, dead cat bounce is something quick and something small that gives you hope for a second and then goes down.As we can see the price increase is not consistent yet and at this point there's a correction. Probably because of those investors who are taking profit for short term gain, hence I think we are not yet heading to bullish season.
Anyway we're still in the first quarter of the year so there are many unexpected things that can happen. I think it is now safe to say we are done on bearish season since the price is already above $40k, but of course it is still uncertain.
This is not it, this is something of a big increase already and it did helped people make as much profit as possible with whatever we had right now and that is all we can see. I hope that people would realize that sooner or later because we are at the start of a good bull run if everyone joins in.
~, if you are willing to hold for 10 years then even 68k is not a bad place to buy
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Yes, for the long term people can buy at any price. because if we look at the statics, long-term investors have always made profit.~
Of course, because as long as they know how to hodl, they'll certainly make a profit since during the bull run, ATH will be achieve and that would result to a good profit margin especially if we are buying during the bear market run.
~, if you are willing to hold for 10 years then even 68k is not a bad place to buy
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Yes, for the long term people can buy at any price. because if we look at the statics, long-term investors have always made profit.~
I voted for dead cat bounce since we are only talking for the month of February.
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If the bitcoin price is above $50k by the end of February, then I think we can go towards all-time high. ~
I voted for dead cat bounce since we are only talking for the month of February.
As we can see the price increase is not consistent yet and at this point there's a correction. Probably because of those investors who are taking profit for short term gain, hence I think we are not yet heading to bullish season.
Anyway we're still in the first quarter of the year so there are many unexpected things that can happen. I think it is now safe to say we are done on bearish season since the price is already above $40k, but of course it is still uncertain.
As we can see the price increase is not consistent yet and at this point there's a correction. Probably because of those investors who are taking profit for short term gain, hence I think we are not yet heading to bullish season.
Anyway we're still in the first quarter of the year so there are many unexpected things that can happen. I think it is now safe to say we are done on bearish season since the price is already above $40k, but of course it is still uncertain.
The market isn't looking bearish or bullish at this moment. It's just keeping the stability really strong around 45,000$. It's a good signal anyway, especially after bitcoin suddenly dropped to 43,000$ again an hour ago or so, but instantly returned to the 45,000$ price range again, what means there are buyers putting a decent volume of money in bitcoin as soon as it drops a little below the currently stable price.
It shows optimism from investors and that they don't expect bitcoin to fall too deep before it rises to a new resistance level, that must be 50,000$.
I don't think any investor expects bitcoin to fall, because of the many coins that exist, bitcoin is the only one that can have a good impact on investment, the correction phase is influenced by the greed of big investors in controlling bitcoin coupled with market sentiment as if bitcoin should go down in a short period of time. the lowest price, today bitcoin has returned to a good track, although not as normal as before, I think the bullish point will return in the next few months.It shows optimism from investors and that they don't expect bitcoin to fall too deep before it rises to a new resistance level, that must be 50,000$.
The market isn't looking bearish or bullish at this moment. It's just keeping the stability really strong around 45,000$. It's a good signal anyway, especially after bitcoin suddenly dropped to 43,000$ again an hour ago or so, but instantly returned to the 45,000$ price range again, what means there are buyers putting a decent volume of money in bitcoin as soon as it drops a little below the currently stable price.
It shows optimism from investors and that they don't expect bitcoin to fall too deep before it rises to a new resistance level, that must be 50,000$.
It shows optimism from investors and that they don't expect bitcoin to fall too deep before it rises to a new resistance level, that must be 50,000$.
I buy some Bitcoin during the dip for I believe that this month February will ever see recovery and fortunately, I was right. I'm not seeing the market will turn bullish in just a month as it was very unlikely but at least, we already see such improvements that could give us a positive insight of what possibly happens this 1st quarter.
Well, I predicted that Bitcoin will grow more this month but not that close to $50k.
I think it's enough that it recovers after a dump and I still consider it as a bullish because despite of the FUD trying to shake the hodlers, only few are shaken. You did the right thing to buy during the dip since I believe we are still gonna see that $100k soon but I'd like to be rational so I think if it's going to break at $50k then there is a possibility that we will going to see how the $70k resistance break.Well, I predicted that Bitcoin will grow more this month but not that close to $50k.
I think Q1 is interesting and I have a feeling that bear run is far from happening yet but there's a possibility that it will happen within this year but not yet until Bitcoin hits or break a new ATH. Although, it depends to the people though if they are going to panic then they would dump that's why a bear will come out.
The price is now slowly climbing above $42,000. There is no reason to believe that things have now been turning the other way around. I don't want to be baited with these small rallies, but we can never tell. Either this will prove to be a bear trap and the price will still fall all of a sudden any time from now or this is indeed the signal that the bear is already off to its hibernation cave. With that, perhaps $50,000 should be a target within the month.
We will never know which one it is, we just have to trust our gut about it. I am not really sure if it will continue to go up, or if it will fall but at the end of the day I still ended up buying and I am happy about my decision. If it goes under 39k then I would be in a loss for the latest trade, however since I am long and purchased a lot more earlier on, I could wait a lot longer before I sell hence why I am not worried. In my experience there is no wrong price to purchase, even 68k is a price you could buy, depending on when you want to sell.So, the only thing that is right or wrong is doing a trade based on how long you want to hold. If you want to hold it for a week, then even 45k could be bad, if you are willing to hold for 10 years then even 68k is not a bad place to buy. Obviously it is better to buy cheaper, why would you pay more, but profitable and "best" are different things.
I buy some Bitcoin during the dip for I believe that this month February will ever see recovery and fortunately, I was right. I'm not seeing the market will turn bullish in just a month as it was very unlikely but at least, we already see such improvements that could give us a positive insight of what possibly happens this 1st quarter.
Well, I predicted that Bitcoin will grow more this month but not that close to $50k.
Well, I predicted that Bitcoin will grow more this month but not that close to $50k.
The bitcoin market has turned green again where the Bitcoin price has penetrated $44k again after being corrected earlier this year to the $36k area. The current upward trend in price is indicating that there will be a strong uptrend so that the next price target around $50k - $52k will be achieved again in the near future. So, I think the bitcoin market is bullish again.
It is good progress for bitcoin because we are close to $45k as bitcoin needs $100 to be at that price. So it could reach in shortly, and if everything goes well, we may see another bull run but I am not sure that the price will still increase after reaching $45k. Maybe after that, we will see another correction but that will not be a problem since we still believe that bitcoin will be back to $45k.I am a bit surprised seeing how the bitcoin price moves today because I thought the price would get a correction as I see it is down for a little price. But I am wrong because bitcoin has increased, and I think some traders are making a nice profit at this moment.
The bitcoin market has turned green again where the Bitcoin price has penetrated $44k again after being corrected earlier this year to the $36k area. The current upward trend in price is indicating that there will be a strong uptrend so that the next price target around $50k - $52k will be achieved again in the near future. So, I think the bitcoin market is bullish again.
I think the market is bullish again. Since the second week of February, market movements have shown that bitcoin is starting to climb up to where the bitcoin price in the past week has managed to break through the resistance level in the range of $44k. if buying action continues to increase, then it is not impossible that bitcoin will push a significant price increase to print new ATH.
$48k might be a good gauge to see if we are bullish or not. I'm still not sold on the movement, $48k-$50k for me because we may be safe for now from the bears. Yes, it's good to see that we have broken $40k barrier and went as high as $44k-$45, but the price seems to be not building momentum on this price range. Of course who doesn't want a new all time high, but it's better to take it slowly an get to $50k first.
Base on the chart you provided one can confidently say that Bitcoin is on it way up already this is because there is no sign of a further decline in the market price of Bitcoin any more. And whoever choose that Bitcoin price will continue to go in a downward direction then such person should provide us with evidence of what factors will lead to its further decline in its value.
I think the market is bullish again. Since the second week of February, market movements have shown that bitcoin is starting to climb up to where the bitcoin price in the past week has managed to break through the resistance level in the range of $44k. if buying action continues to increase, then it is not impossible that bitcoin will push a significant price increase to print new ATH.
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I also don't see Bitcoin smashing the ATH within the month or even within the quarter. But if this current rally will only rest for a quick sideway movement before it resumes rallying again, it is indeed possible that the ATH will be smashed by next month. But that is already a very optimistic prediction.
I did not expect the market to recover like this in a short period of time and now maintaining above $41k is fine with me. I am not assuming the price to trouble the all time high valuation in the near future but if the market could stay afloat around these valuations then it would be great but my doubt is that the institutional investors will book their profit whenever there is a market movement and that is what i am expecting this time as well.I also don't see Bitcoin smashing the ATH within the month or even within the quarter. But if this current rally will only rest for a quick sideway movement before it resumes rallying again, it is indeed possible that the ATH will be smashed by next month. But that is already a very optimistic prediction.
The price is now slowly climbing above $42,000. There is no reason to believe that things have now been turning the other way around. I don't want to be baited with these small rallies, but we can never tell. Either this will prove to be a bear trap and the price will still fall all of a sudden any time from now or this is indeed the signal that the bear is already off to its hibernation cave. With that, perhaps $50,000 should be a target within the month.
I feel like there’s a coordinated attempt at baiting and stop running short sellers right now in order to trigger their stop losses, thereby taking the market higher. We’ve already seen one succesful attempt o couple of days ago and a couple of unsuccessful ones just today. But I don’t think it’ll stop anytime soon. We could even see BTC go over 45k this week. *crosses fingers*
What do you guys think?
Edit: I’m hopeful it goes up and beyond but then again I’m open to both scenarios.
What do you guys think?
Edit: I’m hopeful it goes up and beyond but then again I’m open to both scenarios.
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I also don't see Bitcoin smashing the ATH within the month or even within the quarter. But if this current rally will only rest for a quick sideway movement before it resumes rallying again, it is indeed possible that the ATH will be smashed by next month. But that is already a very optimistic prediction.
I did not expect the market to recover like this in a short period of time and now maintaining above $41k is fine with me. I am not assuming the price to trouble the all time high valuation in the near future but if the market could stay afloat around these valuations then it would be great but my doubt is that the institutional investors will book their profit whenever there is a market movement and that is what i am expecting this time as well. I also don't see Bitcoin smashing the ATH within the month or even within the quarter. But if this current rally will only rest for a quick sideway movement before it resumes rallying again, it is indeed possible that the ATH will be smashed by next month. But that is already a very optimistic prediction.
~snipped~
If it does what it did during October, there is no reason why we can't break ATH this month. If it can go from 30k to 68k back in October, it can very well do the same and a small bit more during this February as well and it is on a great path if it wants to do that.It is funny to see a lot of ifs in one single post. But this is what speculation is all about. This is how we all end up after reading the charts looking for patterns. Of course our predictions are more likely to fail than succeed. That has been proven in our prediction history. But we are just trying to make sense of it all. But the end will always be up to the market which as we all know is still highly unpredictable.
I also don't see Bitcoin smashing the ATH within the month or even within the quarter. But if this current rally will only rest for a quick sideway movement before it resumes rallying again, it is indeed possible that the ATH will be smashed by next month. But that is already a very optimistic prediction.
I think this February is showing signs of a good start for bitcoin from bitcoin's slump from a few months ago.
And I see now the market is also increasing, even though it's still a few % up.
Hopefully bitcoin can still provide positive value for all of us and hopefully there will be more developments for this month.
And I see now the market is also increasing, even though it's still a few % up.
Hopefully bitcoin can still provide positive value for all of us and hopefully there will be more developments for this month.
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