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Topic: BTC Sentiment Poll for June - page 2. (Read 863 times)

legendary
Activity: 2576
Merit: 1655
June 14, 2022, 06:33:51 PM
#86
It seems though that we have a glimpse on what is going to happen this June. One of the worst as we have seen near capitulation again (I still think that the price can still go below $20k). Others say it has something to do with the Celsius collapse or the Feds raising the rate hike again. Nevertheless, this is a golden opportunity, bitcoin at a discount? Take his opportunity to buy more.
legendary
Activity: 2184
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
June 14, 2022, 05:58:51 PM
#85
if we saw that price I am not afraid to say that I will use every single dollar to my name to buy all the bitcoin I could, and in fact I think I could go even farther than that as I could possible sell some assets that I have so I could raise even more money and buy bitcoin for such a low price.
Terrible idea, not that i am not a Bitcoin believer, i am one, through and through; but to invest more than you can afford to lose is a very bad choice to make, i for one will never do it and you shouldn't as well, irrespective of how low the price of Bitcoin falls. Invest with only an amount you can truly afford to use, or you can choose a strategy like DCA to buy at different periods/intervals. Even if Bitcoin goes as low as 3k dollars, do not invest more than you can afford to lose mate.
sr. member
Activity: 2828
Merit: 344
win lambo...
June 14, 2022, 05:28:31 PM
#84
$8000 is a total capitulation just what we saw in 2018 I guess, not gonna wait on that but it's a possibility when there are no strong support. By the way, the 200 weekly EMA was respected already and might be good relief rally after that but it will be possible to test the 300 weekly EMA since historically it hits on 2018 and the 2020 COVID crash.
If we were to see 8k that will be definitely bad news as it would be a total collapse on the price of bitcoin, however it would also be a massive opportunity, if we saw that price I am not afraid to say that I will use every single dollar to my name to buy all the bitcoin I could, and in fact I think I could go even farther than that as I could possible sell some assets that I have so I could raise even more money and buy bitcoin for such a low price.
By now, many become happy with the downtrend than those who are worried as they have the opportunity to buy more at a cheaper price. I did see that despite the current situation, people aren't hopeless enough to think about negative but rather still optimistic about the future relying on how halving could influence the growth of crypto prices. It is eventually the reason why people are buying and I think it was reasonable enough to believe that moment will come to reality.
hero member
Activity: 1666
Merit: 723
Enjoy 500% bonus + 70 FS
June 14, 2022, 04:22:46 PM
#83
This voting system is like Bitcoin prediction or speculation of the price determinant throughout Bitcoin validation this year 2022. We have to flashback and realized that Bitcoin price is going downstrend every minute and every day, so therefore for bitcoins to experience downfall of twenty five thousand (25k) this year, their is every tendency that the price will accelerate to high or experience a mega falling before the year runs out.

From what I'm seeing towards the constant decrement of bitcoin, i can come in conclusion that bitcoin price will not experience degradation in market that is higher or experienced twenty five thousand (25k). So i think the bus stop of it's can't passed below such value i made mentioned above. I know it's a speculation, but it will come to pass.
legendary
Activity: 2716
Merit: 1383
June 14, 2022, 01:50:56 PM
#82
$8000 is a total capitulation just what we saw in 2018 I guess, not gonna wait on that but it's a possibility when there are no strong support. By the way, the 200 weekly EMA was respected already and might be good relief rally after that but it will be possible to test the 300 weekly EMA since historically it hits on 2018 and the 2020 COVID crash.
If we were to see 8k that will be definitely bad news as it would be a total collapse on the price of bitcoin, however it would also be a massive opportunity, if we saw that price I am not afraid to say that I will use every single dollar to my name to buy all the bitcoin I could, and in fact I think I could go even farther than that as I could possible sell some assets that I have so I could raise even more money and buy bitcoin for such a low price.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
June 14, 2022, 08:34:15 AM
#81
I didn't believe the drop below 25k would happen this month and it literally happened overnight. I guess now I will believe those analysts who said it would drop to 20k or even lower. Right now bitcoin is below 24k and it looks terrible. There will definitely be no crypto market recovery in June.
Because everything is possible when the market is in panic, it will broke any TA out there. We've seen 22k and if it doesn't hold then I guess opportunity waits us at 15k or much higher than that, that's my prediction and probably a buy zone. It's early to tell for the recovery unless the whole global market turns green too.

15000$ would still be little, if it drops below 20,000$ we will see 8000$ or more below 8000$
$8000 is a total capitulation just what we saw in 2018 I guess, not gonna wait on that but it's a possibility when there are no strong support. By the way, the 200 weekly EMA was respected already and might be good relief rally after that but it will be possible to test the 300 weekly EMA since historically it hits on 2018 and the 2020 COVID crash.
STT
legendary
Activity: 4102
Merit: 1454
June 14, 2022, 01:28:20 AM
#80
Sentiment has to be terminal at this point I'd guess or maybe thats just recent.   The ideal is an over reaction so good idea to do a poll and repeat it.   Best signal is when every single thread in speculation section is gloom and doom.  When you have the crowd of popular opinion reflective of a forsaken desert arid with dire sentiment only focused on the downside then take a moment to be ironically optimistic.

Levels of support possible I see are aprox.
19.4k
17.3k old trend
14k
12k
10k old trend
ideally it'd hit briefly and worth noting for having certainity in that moment when most wont.  Price at present is reflecting 200 week MA, we have a glimmer of hope with a rise above 12hr ma
member
Activity: 173
Merit: 74
June 14, 2022, 01:08:41 AM
#79
We are in the middle of June and my sentiment is, obviously after yesterday, bearish. I think it is clear that the best of this cycle is over, not only because of recent events but also because of the macroeconomic situation. The only thing I hope is that the $20k support holds strong, as piercing it clearly down would unleash a panic like never before, as nothing like this has ever happened in the short history of BTC.
hero member
Activity: 2814
Merit: 553
June 14, 2022, 12:02:56 AM
#78
I didn't believe the drop below 25k would happen this month and it literally happened overnight. I guess now I will believe those analysts who said it would drop to 20k or even lower. Right now bitcoin is below 24k and it looks terrible. There will definitely be no crypto market recovery in June.

That's pretty quick. With just one close prediction out of the hundreds prediction they have (which mostly the case for these predictors) made you believe them?
The whole crypto market is expected to crash after it lost $100b from the last couple of days. So, yeah Btc could still
fall below $20k and no that's not because of that prediction, it's because of the current market sentiments.
sr. member
Activity: 2618
Merit: 439
June 13, 2022, 10:03:28 PM
#77
The voting should stop here now because the price already dropped to what is being asked , maybe continuation of conversation here is enough about the lowering because the value is now close to falling below 20k as it stands now to 21k and continuously falling.

Maybe this second quarter is the Lowest  season this year and we will see the next growth in the 3rd or at least surely in 4th?

the sentiment had already filled and we are all looking for what can bitcoin give us today and tomorrow and before this Month of June ends.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
June 13, 2022, 05:20:11 PM
#76
Interesting to see the majority of the people saying that it would drop under 27k range. I mean it is not impossible, but that doesn't look like the momentum at all. It looks like there is a good case to be made about the current situation being fine for many people since they are not selling.

If we have been around 30k range for a month, what would happen to make it go down that much? Does that make sense to anyone at all? I would get it if we were still going down, that would make sense. But at this point, what could be the reason when we are already recovering of sorts, I mean 26k to 30k+ range at least, not much but why would we start to go down again?

well here is a reason to make the price drop a lot:

Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused


everything indicates that altcoins are being a cancer for bitcoin and to make the situation even worse, certain analysts are saying that the price of bitcoin will still fall to 8000$ which would be a great disaster, I mean we saw the price reach more than 60,000$ for months later we see the price drop to 8000$, that would be something shocking, at that moment we just have to observe which direction the price will take, but the fact is that if it drops below 20,000 then it is almost certain that we will see 8000$ a lot coming soon

I didn't believe the drop below 25k would happen this month and it literally happened overnight. I guess now I will believe those analysts who said it would drop to 20k or even lower. Right now bitcoin is below 24k and it looks terrible. There will definitely be no crypto market recovery in June.
Because everything is possible when the market is in panic, it will broke any TA out there. We've seen 22k and if it doesn't hold then I guess opportunity waits us at 15k or much higher than that, that's my prediction and probably a buy zone. It's early to tell for the recovery unless the whole global market turns green too.

15000$ would still be little, if it drops below 20,000$ we will see 8000$ or more below 8000$
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
June 13, 2022, 04:00:30 PM
#75
I didn't believe the drop below 25k would happen this month and it literally happened overnight. I guess now I will believe those analysts who said it would drop to 20k or even lower. Right now bitcoin is below 24k and it looks terrible. There will definitely be no crypto market recovery in June.
Because everything is possible when the market is in panic, it will broke any TA out there. We've seen 22k and if it doesn't hold then I guess opportunity waits us at 15k or much higher than that, that's my prediction and probably a buy zone. It's early to tell for the recovery unless the whole global market turns green too.
full member
Activity: 1848
Merit: 158
June 13, 2022, 03:56:44 PM
#74
I didn't believe the drop below 25k would happen this month and it literally happened overnight. I guess now I will believe those analysts who said it would drop to 20k or even lower. Right now bitcoin is below 24k and it looks terrible. There will definitely be no crypto market recovery in June.

I didn't too.  I really though 27k - 28k support would hold.  But yeah..  didn't end well.  Looking at from a more positive perspective, at least we got that over and done with.  But the 2018 PTSD lingers.  I already have an idea of what the poll would be for my July sentiment thread.  Cheesy  I mean since we're all down, might as well have a laugh about it.  We could be in a bear market for at least a year imo.

I, on the other hand, believe that this is just temporary. I don't think we will be in the bearish mode for long. But we can all have our own sentiments on this market. And from that, you are free to do what you want to do with your funds. But didn't expect that we will touch the $23k. I was thinking that the decline will stop at $25k and will go back up again. But this will be an interesting month. Can we recover fast and move to $30k again?
legendary
Activity: 2814
Merit: 1192
June 13, 2022, 02:01:28 PM
#73
I didn't believe the drop below 25k would happen this month and it literally happened overnight. I guess now I will believe those analysts who said it would drop to 20k or even lower. Right now bitcoin is below 24k and it looks terrible. There will definitely be no crypto market recovery in June.
Just let the market drop, you don't go against the flow as you will only lose. Let it dump and just enjoy while some people panicked, if you find the right timing to buy, you will be able to earn a decent profit in the short term as eventually, this dump will not last forever, the market will have a quick bounce back before it will result in its bearish movement if the market will not recover fully.

As a matter of fact the most successful people go against the flow.

An example of going with the flow would be selling in March 2020, smart people went against the flow and bought there.
Another example of going against the flow is dollar cost averaging no matter what.

There's a reason why these people make money and the rest doesn't. People who don't know what to do look at others creating a chain of events and the majority never makes any money. 90% of investors lose and to be in that 10% you cannot go with the flow. Choosing to invest in bitcoin is already swimming against the current because the majority still thinks it's a scam or a ponzi scheme.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
June 13, 2022, 11:54:00 AM
#72
I didn't believe the drop below 25k would happen this month and it literally happened overnight. I guess now I will believe those analysts who said it would drop to 20k or even lower. Right now bitcoin is below 24k and it looks terrible. There will definitely be no crypto market recovery in June.

I didn't too.  I really though 27k - 28k support would hold.  But yeah..  didn't end well.  Looking at from a more positive perspective, at least we got that over and done with.  But the 2018 PTSD lingers.  I already have an idea of what the poll would be for my July sentiment thread.  Cheesy  I mean since we're all down, might as well have a laugh about it.  We could be in a bear market for at least a year imo.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
June 13, 2022, 06:34:56 AM
#71
I didn't believe the drop below 25k would happen this month and it literally happened overnight. I guess now I will believe those analysts who said it would drop to 20k or even lower. Right now bitcoin is below 24k and it looks terrible. There will definitely be no crypto market recovery in June.
Just let the market drop, you don't go against the flow as you will only lose. Let it dump and just enjoy while some people panicked, if you find the right timing to buy, you will be able to earn a decent profit in the short term as eventually, this dump will not last forever, the market will have a quick bounce back before it will result in its bearish movement if the market will not recover fully.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
June 13, 2022, 04:42:25 AM
#70
I didn't believe the drop below 25k would happen this month and it literally happened overnight. I guess now I will believe those analysts who said it would drop to 20k or even lower. Right now bitcoin is below 24k and it looks terrible. There will definitely be no crypto market recovery in June.
hero member
Activity: 2828
Merit: 518
DGbet.fun - Crypto Sportsbook
June 13, 2022, 04:08:12 AM
#69

If you are a supporter there is no good or bad season because everything is for our belief and trust that is how crypto supporter must be .
I am a Bitcoin and altcoin holder , for year there is a currency that stays in my Wallet till now.
but of course Bitcoin stands not permanent , i try to buy and sell at the time cost , risking my funds? but gaining for trust.
Perhaps you are right.

 * Bear season - is a good time to buy
 * Bull season - is a good time to sell

Every season is a great opportunity, sometimes we don't appreciate it because we are too blind to see the positive side of it while others do. if we can afford to buy during the bull market, then we don't make an excuse for the bear season of not buying again. Indeed, as we trust our invested coins we no longer had to feel disappointments and worries as surely we can make a profit out from them someday.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
June 12, 2022, 11:20:41 PM
#68


The votes result are close meaning there are some who believes it will fall while others are not and this is a good sign of how we stands and how we support crypto , yes indeed that at some point Bitcoin may show a good increase but at the same time it may go side ways.
What I was planning now is to accumulate more when it continues to dump? or will sell when the increase happens sooner as I know 3rd quarte will be more crucial than what we have in 1st and 2nd .
Yes, there will always be people like that that loves btc to fall down while some like for it to go up especially this time where the bear have been running for many months now. No matter what sides people choose, both kinds of people are still a crypto supporter.  We can only say that they are not interested if they don't join these types of discussions.
If you are a supporter there is no good or bad season because everything is for our belief and trust that is how crypto supporter must be .
I am a Bitcoin and altcoin holder , for year there is a currency that stays in my Wallet till now.
but of course Bitcoin stands not permanent , i try to buy and sell at the time cost , risking my funds? but gaining for trust.
hero member
Activity: 1918
Merit: 564
June 12, 2022, 10:18:02 AM
#67
While reading TA from trading view I see this one..



Analyst interpretation:
Interesting to see the majority of the people saying that it would drop under 27k range. I mean it is not impossible, but that doesn't look like the momentum at all. It looks like there is a good case to be made about the current situation being fine for many people since they are not selling.
How sure are you they are not selling? Bitcoin has been bullish for a while now and we officially fall below $30k.
The current price is $27K+ but it already fall below $27k in the last 24 hours.
https://www.binance.com/en/trade/BTC_USDT?theme=dark&type=spot

As for me, it really tells that Bear market will stay for a while and price may continue to drop.

Great point there stadus, BTC price won't be volatile if there is no one selling  Grin. and we shouldn't be at the bearish trend atm if it is true.
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