I will answer no, there are not enough and clear logical reasons for the price to collapse below the strong resistance level at $17,000.
With all the recent events, the price has held above these levels for a while, so it is unlikely that we will see prices below $17,000 during this month, and we may not see them unless something bad happens in Aug.
Topic: BTC Sentiment Poll for July - page 3. (Read 548 times)
Can we reach $22k then?
It seems that sentiment is very positive, but in the recent months, that's how we start. Couple of increase in the first and second week and then goes down hard again at the start of the third and then the fourth week.
So this might be the trend again, and we might go back to $19k at the end of the month.
It seems that sentiment is very positive, but in the recent months, that's how we start. Couple of increase in the first and second week and then goes down hard again at the start of the third and then the fourth week.
So this might be the trend again, and we might go back to $19k at the end of the month.
The poll is pretty close... 11 votes for yes and 14 votes for no. But with the whole market getting some action on the buy side, I think people will start forgetting that we're still in a bear market. But this bounce is good for a small, quick trade to make a little something something for sports betting. Lol.
This is what I think... After the bounce, BTC goes break down below 20k again and touches 13k - 14k range. That's the part we wake up and start buying!
This is what I think... After the bounce, BTC goes break down below 20k again and touches 13k - 14k range. That's the part we wake up and start buying!
My predictions are that the drop will continue in July, we may go below $14,000, the decline may continue most of the summer and then bitcoin will start bouncing upwards, I'm not here analyzing but just guessing, I hope bitcoin will disappoint me and keep going up in July though I rule it out that.
I have the same feeling. Looking towards the current financial outlook. Negative GDP in Q1, Expected negative in Q2, the rising of prices of the war things turn more negative soon. At least that's my prediction.
Because of this, I voted NO.
source:
There could be a correction right now but I don't think it will fall down in that range.
Another factor is that I don't see any negative news that can affect the Bitcoin price, instead, it's possible other countries will do the same as El Salvador did which is the reason we're possible back to the bullish trend.
They say that the amount was too small and it seems they are right because it didn't shake the market much. There might be no negative news directly with btc but there are those scams, stablecoins de-pegging, crisis, inflation and many more which I think have an effect to the btc and the overall crypto market.source:
There could be a correction right now but I don't think it will fall down in that range.
Another factor is that I don't see any negative news that can affect the Bitcoin price, instead, it's possible other countries will do the same as El Salvador did which is the reason we're possible back to the bullish trend.
The bullish trend can occur even if without those countries that will make btc a legal tender but El Salvador isn't alone with it but there are countries which already made btc a legal tender last time. Even though many users are speculating that btc didn't reach its real bottom yet, I am still against them so my vote for the poll is no.
My predictions are that the drop will continue in July, we may go below $14,000, the decline may continue most of the summer and then bitcoin will start bouncing upwards, I'm not here analyzing but just guessing, I hope bitcoin will disappoint me and keep going up in July though I rule it out that.
Even though bitcoin will continue to fall in July and maybe under $14,000, I won't be disappointed because I have more opportunities to buy bitcoins at lower prices. I believe this is the opportunity many people have been waiting for because they want to buy at the lowest possible price. In addition, if the price can drop further, I predict if the price starts rallying again, the price can rise higher than before. But like you say, that's just my guess, and I also don't know if the scenario will be like that or not. So we'll see. 
My predictions are that the drop will continue in July, we may go below $14,000, the decline may continue most of the summer and then bitcoin will start bouncing upwards, I'm not here analyzing but just guessing, I hope bitcoin will disappoint me and keep going up in July though I rule it out that.
Second, there's no escape this time. Just answer with a 'yes' or a 'no'. None of that 'no idea' bs. 
Let's make it fun!
Let's make it fun!That's no fun though! Indecision in the market is key sentiment in itself. I'd have voted "No idea" if I had the opportunity. I guess otherwise waiting to see if $19K holds as support, and voting thereafter would make more sense. Not to mention you are likely upsetting those who are expecting/waiting for $16K but don't believe price will drop to $14K, the same mistake I made on a previous poll apparently.
Despite appreciating these monthly polls you do, it doesn't quite confirm whether people are bullish or bearish at current prices if the two options are $13k - $14k or not, but you do you do
I'm not really looking forward to Bitcoin under $19k anymore, because I'm 100% sure the Bottom is there,
from my experience, the more people want cheap prices, then it won't happen, we'll see.
from my experience, the more people want cheap prices, then it won't happen, we'll see.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
I think with you the stock market today is very lonely and saturated because many of them are turning to gold earnings.
Maybe in early september we look forward to seeing all the changes in the crypto market and hope that everything is as we dreamed of all this time and get out of the hot market.
I also noticed that the price of Gold has increased slightly in the past few days and that some people have benefited from Gold. But that's another option they did when the market was still not recovering and that's perfectly reasonable I think. But you also need to know that the current market conditions are not the end for everything. So stay calm, and be patient even though what you dream of from the crypto market may not be achieved in the near future Maybe in early september we look forward to seeing all the changes in the crypto market and hope that everything is as we dreamed of all this time and get out of the hot market.
Looking at the position of the price on the chat at $19,227, you will still be expecting that the price will still drop down more with the way is looking but anything can happen and the price may stay there or begin the pull back. The whales are gradually buying for another direction up, like El Salvador stocking up for the future. I believe the sentiment is still for bear but this is a fluctuating levels that can not be predicted.
The thing is whales aren't aggressively buying. They are too passive that they probably just leave their buy order below the current market price in order for them to get Bitcoin at the most possible discounted price. And just like the purchase of El Salvador, I bet they did not aggressively buy that 80 BTC, they just put it as a buy order and then got filled. With this kind of strategy the buyer imposes, it isn't impossible to see Bitcoin go down to $14k since the seller will eventually break this resistance and pull the price of BTC lower.
Looking at the position of the price on the chat at $19,227, you will still be expecting that the price will still drop down more with the way is looking but anything can happen and the price may stay there or begin the pull back. The whales are gradually buying for another direction up, like El Salvador stocking up for the future. I believe the sentiment is still for bear but this is a fluctuating levels that can not be predicted.
The measure is that using the previous years market analysis to analyze this present year, it will bring contradiction in some extent. Because from those years that's both making positive report and the positive situation is recommendable or higher the negative situation, can't be used to analyze this year indecencies that their is numerous positive informations in those days or years, but this year theirs alot of mislead of informations of cryptocurrency. So in summary, Bitcoin is not expected for it's decrement to encroach to twelve thousand (12k).
I am pretty sure we will go sideways for most of July. Even the stock market is looking pretty boring right now. Very little volatility.
Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.
Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.
The accumulation phase is meant to bore people out of the market.
I remember these boring periods from the other cycles.
There will of course be plenty of people who will feel hopeless about the current situation. That doesn't mean to say that we will go up for sure, but the amount of people who will think that we will go up, will be not as much as previous months. We were at "will it go down under 27k" last month, now we are talking about 13-14 so it is clear that we lost some hype in bitcoin. Hopefully we will be doing a lot better soon, so that people would have some more hope. Thankfully its not needed that millions would need to believe in bitcoin, even one person who has a good chunk of money to buy bitcoin would change everything.
My vote would be similar to the polls before this. No idea. Without this I want to show everyone that I am not a pessimistic antagonzier and I voted no hehehehe. However, if someone like Elon Musk becomes a marginal seller and dumps bitcoin to $14,000, it will certainly be a chance to buy and expect a quick reversal.
Still YES , we have bottomed at 17k in June , and now we are falling more because the dumping season wasn't stops here as we are still in the bad year for crypto.
and having been in the recent ATH? maybe more of the losing year is what 2022 may brings.
Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.
Indeed , I know that 3rd quarter is far more bad than what the 2nd quarter is.
and having been in the recent ATH? maybe more of the losing year is what 2022 may brings.
Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.
I am pretty sure we will go sideways for most of July. Even the stock market is looking pretty boring right now. Very little volatility.
Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.
Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.
I think with you the stock market today is very lonely and saturated because many of them are turning to gold earnings.
Maybe in early september we look forward to seeing all the changes in the crypto market and hope that everything is as we dreamed of all this time and get out of the hot market.
I am pretty sure we will go sideways for most of July. Even the stock market is looking pretty boring right now. Very little volatility.
Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.
Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.
well, i voted no cause i don't want to bitcoin touch that price 
that is the biggest support I ever seen on your chart, if broke that we done right although I just open my chart hourly with session break and we can see that bitcoin can't even break near resistance at 20.3 Zone or stable at that zone
that is the biggest support I ever seen on your chart, if broke that we done right although I just open my chart hourly with session break and we can see that bitcoin can't even break near resistance at 20.3 Zone or stable at that zone Jump to: