BTC Sentiment Poll for November | Bitcointalksearch.org

tokeweed

legendary

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Life, Love and Laughter...

^ I wouldn't stop and say 12k is the bottom if BTC does drop to 12k. Things seem to get worse before they get really worse. Cheesy

Quote from: Yaunfitda on November 22, 2022, 02:01:46 PM

Quote from: tokeweed on November 22, 2022, 10:08:45 AM

^ 12k? Oof that's gonna hurt for sure. Cheesy

I'm back and forth between 'we hit the bottom' and 'we're going to see another leg down below 15k'. The logic behind 'we already hit bottom' is the FTX fiasco, which I consider to be waaay worse than Gox's fiasco, didn't even put much of a dent on the price. I'd expect a hit that huge would bring BTC lower than where it ended up being. I mean sure it broke down June lows but 15k - 16k isn't a long way off from 17.5k. I think there just aren't any more sellers left.

But we still have a full year of bear market in 2023?

So probably we will see another leg down below $15k, maybe not this year as he have hit the bottom already. But looking at the bigger picture, who knows, there could be another news that will put the market into another frenzy.

I for now thinks that $17.5k is the lowest low for this year, but look at where the price is right now.

Then since we're entering to realms of speculation, it's a speculation board after all, would you say that it's also in the realm of possibility that BTC could go back down to 4 digit numbers? I think the powers that be in crypto wouldn't allow it and will protect a certain level for Bitcoin in order to stop the bleeding or it will take the whole space with it. Imagine the smell if there was a huge sell down to 6k - 8k. Sure it could recover but not without causing any damage.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: tokeweed on November 22, 2022, 10:08:45 AM

^ 12k? Oof that's gonna hurt for sure. Cheesy

this will hurt us all mate , because 12k is seems like the lowest we can expect after the bad drop of 2020 as the pandemic reacted by the market.

Quote

I'm back and forth between 'we hit the bottom' and 'we're going to see another leg down below 15k'. The logic behind 'we already hit bottom' is the FTX fiasco, which I consider to be waaay worse than Gox's fiasco, didn't even put much of a dent on the price. I'd expect a hit that huge would bring BTC lower than where it ended up being. I mean sure it broke down June lows but 15k - 16k isn't a long way off from 17.5k. I think there just aren't any more sellers left.

well we returned to 16k above again and showing some strong move? then there might be something that we need to believe now Grin

Yaunfitda

hero member

Activity: 2870

Merit: 594

Quote from: tokeweed on November 22, 2022, 10:08:45 AM

^ 12k? Oof that's gonna hurt for sure. Cheesy

I'm back and forth between 'we hit the bottom' and 'we're going to see another leg down below 15k'. The logic behind 'we already hit bottom' is the FTX fiasco, which I consider to be waaay worse than Gox's fiasco, didn't even put much of a dent on the price. I'd expect a hit that huge would bring BTC lower than where it ended up being. I mean sure it broke down June lows but 15k - 16k isn't a long way off from 17.5k. I think there just aren't any more sellers left.

But we still have a full year of bear market in 2023?

So probably we will see another leg down below $15k, maybe not this year as he have hit the bottom already. But looking at the bigger picture, who knows, there could be another news that will put the market into another frenzy.

I for now thinks that $17.5k is the lowest low for this year, but look at where the price is right now.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

^ 12k? Oof that's gonna hurt for sure. Cheesy

I'm back and forth between 'we hit the bottom' and 'we're going to see another leg down below 15k'. The logic behind 'we already hit bottom' is the FTX fiasco, which I consider to be waaay worse than Gox's fiasco, didn't even put much of a dent on the price. I'd expect a hit that huge would bring BTC lower than where it ended up being. I mean sure it broke down June lows but 15k - 16k isn't a long way off from 17.5k. I think there just aren't any more sellers left.

YOSHIE

legendary

Activity: 2128

Merit: 1775

Quote from: tokeweed on November 01, 2022, 09:31:05 AM

So the question now is will this momentum continue for November or will it fizzle out and bring BTC back to 18k - 19k range? I made the poll a yes or no question as I want a clearer sentiment this time.

Today is 22/11/22, meaning eight more days into December and Bitcoin is trading at around $16k for 22/11/22, I speculate the crypto market will experience even more severe decline until entering year 23, of course I speak beyond the charts and speculation on the internet, I speak based on my own analysis and speculation.

What is certain is that crypto users don't have to believe what I say, you have to have your own principles for the continuation of the crypto and Bitcoin market in the coming days.

What you said today is very far for the price of Bitcoin in November $ 16k comparison to 18k, I believe Bitcoin will reach at $ 14k- in the next month, it could be my range around $ 12k, that's my observation.

CryptoBuds

legendary

Activity: 2100

Merit: 1042

HODL

We all just look at the economic situation, war, interest rates to make predictions but in the end all predictions are wrong when the collapse of FTX happened so suddenly. This further confirms that the market is unpredictable in the short term. The best way to survive in the market is to always take a long-term view and invest only long-term with bitcoin. Always zoom out.

We will have another rate hike in December before the end of the year but I think that's no longer a matter of the market, the question now is who will crash next and make the market wobble even more. I'm pretty sure we'll end this year in the red and bitcoin can't hit 20k.

rodskee

full member

Activity: 2576

Merit: 205

Quote from: Ebede on November 21, 2022, 05:26:06 PM

Let me tell you that support you are seeing or yes you are not to sing and the platform does not determine the pool all the increment of Bitcoin in this November which current will fall and Will rise because of the investors who partner or will invest with the paper currency so that is what I want you to understand

What are you telling here ? is that you who only understand that sentence ? what is to "sing"? and what? the pool does not determine the increment for November?

Failing and Rising is that the market keeps bringing so there is nothing to further about that lol.

bbc.reporter

legendary

Activity: 3122

Merit: 1492

@STT. This might not be another ordinary bear market similar to what much of the people in the community are assuming. I reckon after witnessing the collapse of 3 Arrows Capital, after Luna and FTX being exposed as ponzi schemes and if Barry Silbert's Genesis Global becomes bankrupt, there might be an attempt to dismantle the cryptospace, create stricter regulations and introduce government digital currencies.

STT

legendary

Activity: 4102

Merit: 1454

Still very negative into the close of November, I had hoped earlier price action could respect the closing lows since November 9th but its fallen to just match the absolute lows. It does seem likely we keep testing support until its either proven or gives way. Unfortunately my spring prediction or guess for a worst case scenario this year has played out, we are due to retrace back down to the 2019 summer peak prices and I hope that area has the volume to bring back support to the price.

Ebede

member

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Join hands and help me to grow everybody...

Quote from: Chato1977 on November 01, 2022, 11:41:05 PM

the community seems to be in full support and trust for Bitcoin this November as the votes shows completely YES . and I al one of those who believes that the Action of the last week of October will lead us to another Bear though not big as what 2021 brings us all.

Quote from: aylabadia05 on November 01, 2022, 11:30:45 AM

It's always interesting to wait for the poll you will make on the topic of BTC price sentiment every month.
But this time I will also wait tomorrow to give a poll in consideration of this information.

I'm sure in November Bitcoin price won't drop below $20k because the buying percentage that increased at the end of October will still hold on.

thanks for that info , hope this will helpful to all bitcoin enthusiast .

Let me tell you that support you are seeing or yes you are not to sing and the platform does not determine the pool all the increment of Bitcoin in this November which current will fall and Will rise because of the investors who partner or will invest with the paper currency so that is what I want you to understand

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

^ So you think we could go lower from here? I used to really think we could go lower around 12k - 15k. And with the FTX fiasco, that's exactly the kind of thing that could take us there... But it didn't. That seems to be like a sign of strength as nobody really sold it down during one of the worst scenarios in crypto ever. Think about it... That's prolly because the ones who would've sold already sold. There's nobody left except holders. Everybody else left. Lol.

But yeah.. We'll see. But in a couple of months I think we could be trending up above 20k - 25k.

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: OgNasty on November 15, 2022, 04:04:59 PM

It seems like November started off with a bang, although not the bang people were hoping for. I am seeing pretty much what I expected for the month, although in less magnificent fashion. The worst is probably behind us as far as drops for the month. Sure, we might fall a little lower over the next 6 months or so, but I feel like unless you're going all in at one time, this is a good time to be buying. Don't let the people who bought at $50K scare you out of the market with them rage quitting now. Instead, see those people as the indicators they are and do the opposite of what they do. Most of the time people will find this is a great way to get money as a contrarian, which is usually the right call when dealing with financial markets.

Too early to say that we are out of the woods yet, we need to see the price going back to at least $20k. The market is very volatile, the price is still below the last lowest low of $17,500. But I do agree that this is still the best time to accumulate and don't be scare because of the market drop. Maybe in the future, you will have to thank seeing the price today and taking advantage of it. The world right now is in post-pandemic and so everyone is trying to get back on it's feet. Might take 2 years at least, but it will coincide with the bitcoin bull run of 2024-2025. So we are still in a good place right now.

OgNasty

donator

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Leading Crypto Sports Betting & Casino Platform

It seems like November started off with a bang, although not the bang people were hoping for. I am seeing pretty much what I expected for the month, although in less magnificent fashion. The worst is probably behind us as far as drops for the month. Sure, we might fall a little lower over the next 6 months or so, but I feel like unless you're going all in at one time, this is a good time to be buying. Don't let the people who bought at $50K scare you out of the market with them rage quitting now. Instead, see those people as the indicators they are and do the opposite of what they do. Most of the time people will find this is a great way to get money as a contrarian, which is usually the right call when dealing with financial markets.

AverageGlabella

legendary

Activity: 1232

Merit: 1080

Quote from: Captain Corporate on November 03, 2022, 05:12:55 PM

20k is a very very strong point right now, it is basically the old ATH back in 2017 and people are saying that they are not willing to go any lower. Even when it goes down to like 18-19k levels thats for a short period of time and not a long term thing. I am guessing that people will not be that much happy with anything lower.

This also means that we found the bottom and all we need is a lot of money to buy bitcoin right now Cheesy

I do not have a lot of money, hell at this point I don't even have a little bit of money lol, but if I get my hands of anything and I mean literally anything then I would be able to actually survive this period by buying bitcoin.

Some people are never happy and they are the people that miss out on good buy in prices. I think whenever Bitcoin dips most people are buying in even if small amounts they are buying in to capitalize on it. I have I bought some earlier today planning on dca or just buying until the next halving. I do not know if we have found the bottom and I do not think I care if we have not or have. I am in Btc for the long term and these drops are just opportunities. I think with the halving coming up in 2024 it is the perfect buy in time.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

^ This is not financial advice but I think now is one of the best times to start buying in coins like BTC and ETH again. And maybe even BNB. I'd personally start accumulating ETH as there's just a lot more to go to once you need to rotate once it becomes a full blown bull market. It's just a preference and I think it's going to out pace BTC a tad more than it did from the last bull market.

And from those alpha coins, maybe start rotating to other alts at the lower end of the spectrum then really try to get out of the market in profit and hold everything in stables. I seem get round tripped every time. Lol.

kotajikikox

full member

Activity: 2590

Merit: 228

Quote from: tokeweed on November 11, 2022, 09:56:32 AM

^ Lmaooo. Now that's a clever guy.. Waited for everything that can happen to happen before making his vote. Cheesy

And yeah, if you really don't need the funds for irl stuff, you could def just wait it out until things start going around again.

Anyway, checking the market out after at US session open and it looks like there are some whales who are trying to sell BTC down so they could run the stops and induce a drop. From there, they pick up the pieces and pump it... Same old same old, I guess. Lol.

This is what we should do now , if we don't need the funds then better to let it sit in our wallet for a while because this roller coaster ride may take longer than we expected , the market is going good before this FTX thing comes and now we can see how hard for the market to stay longer.
maybe closing our eyes will help preventing the panic .

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

^ Lmaooo. Now that's a clever guy.. Waited for everything that can happen to happen before making his vote. Cheesy

And yeah, if you really don't need the funds for irl stuff, you could def just wait it out until things start going around again.

Anyway, checking the market out after at US session open and it looks like there are some whales who are trying to sell BTC down so they could run the stops and induce a drop. From there, they pick up the pieces and pump it... Same old same old, I guess. Lol.

kotajikikox

full member

Activity: 2590

Merit: 228

Quote from: tokeweed on November 09, 2022, 09:23:50 AM

Quote from: kotajikikox on November 09, 2022, 06:02:11 AM

Quote from: tokeweed on November 09, 2022, 03:05:05 AM

Stay safe guys.

well, have been there so maybe holding it for another months or years is the best way again , this is not going to be good for the whole November and lets see if what will happen for December Grin

is there anything we need to understand ? or this is just the war that makes the market shaken now?

will close my eyes for now Wink

Dunno.. Lol. I haven't really been following what's going on in crypto as much as I used to. At some point you just realize it doesn't matter as we're all just here for 'number go up'. Investing in BTC, ETH and what have you is mostly a dopamine inducing behavior, aka the rush, which could get addictive. I'm pretty sure most of you guys, including me, can't stop checking the price of your crypto. Cheesy

As for December, that's still over a couple of weeks off. We'll discuss December when we get there.

And it looks like the one guy we laughed at for voting no got it right. Lololol.

They are 2 now Grin

someone added as it is a sure vote LOL..

and I am also there , though have seeing those post around the forum that's why I game that conclusion but the totality of my crypto activities? it is HODL that i trust and this is what I am doing now and will still do till Halving comes. Wink

I believe that it is the safest way to deal in this truly struggling market as we now drops 20% and the lowest we have this year of 2022 Cry

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: kotajikikox on November 09, 2022, 06:02:11 AM

Quote from: tokeweed on November 09, 2022, 03:05:05 AM

Stay safe guys.

well, have been there so maybe holding it for another months or years is the best way again , this is not going to be good for the whole November and lets see if what will happen for December Grin

is there anything we need to understand ? or this is just the war that makes the market shaken now?

will close my eyes for now Wink

Dunno.. Lol. I haven't really been following what's going on in crypto as much as I used to. At some point you just realize it doesn't matter as we're all just here for 'number go up'. Investing in BTC, ETH and what have you is mostly a dopamine inducing behavior, aka the rush, which could get addictive. I'm pretty sure most of you guys, including me, can't stop checking the price of your crypto. Cheesy

As for December, that's still over a couple of weeks off. We'll discuss December when we get there.

And it looks like the one guy we laughed at for voting no got it right. Lololol.

Yaunfitda

hero member

Activity: 2870

Merit: 594

And just like that, when we are about to go bullish this month again, suddenly the whole Binance vs FTX takes the market to its knees.
As we hit a new lows, and now the market is on the $17k'ish and so I wouldn't be surprised if there will be like new FUD to bring the market to ever lower range in the $15k because that's where everyone wants the price before they can buy again. So let's see, we are just starting this month, and hopefully tomorrow there will be something positive that will turn the market around to be bullish to $20k range.

Topic: BTC Sentiment Poll for November (Read 397 times)