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Topic: BTC Sentiment Poll for November - page 2. (Read 397 times)

full member
Activity: 2590
Merit: 228
November 09, 2022, 06:02:11 AM
#32
 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
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
November 09, 2022, 03:05:05 AM
#31
Can anybody tell me wtf did I just wake up to?  I see there's a Binance vs FTX feud but is it really that bad to get the whole market to sell down?  If so then this whole industry we're in will be looked at as one big joke.  


And as I said if BTC fails to hold 20k then the bears have it.  Looking at the chart right now...  Yup, bears really have it.  :/  Just as when I was starting to think we're getting out of the woods, market says nope!  Cheesy

It's breaking down June lows.  Stay safe guys.



hero member
Activity: 994
Merit: 772
November 07, 2022, 02:44:16 PM
#30
I voted yes because that is a fair conclusion even after we have registered 2 negative days recently as red candles on the graph.   Price has pulled back which can still leave it within a bullish formation overall, BTC is currently at the weekly average.
  I'd estimate something like 20k is needed to be maintained for the overall positive momentum in this recent move.  In the weekly bar view we are very modest in any positive expression, apparently recent highs match a 100 day average.

I voted no. I don't want to be optimistic before entering the new year. As you said, 20 thousand needs to be protected. I think Bitcoin could not complete its upward move without seeing great volatility again. But most importantly, what kind of path will Bitcoin follow in the first month of the new year.
STT
legendary
Activity: 4102
Merit: 1454
November 07, 2022, 01:21:33 PM
#29
I voted yes because that is a fair conclusion even after we have registered 2 negative days recently as red candles on the graph.   Price has pulled back which can still leave it within a bullish formation overall, BTC is currently at the weekly average.
  I'd estimate something like 20k is needed to be maintained for the overall positive momentum in this recent move.  In the weekly bar view we are very modest in any positive expression, apparently recent highs match a 100 day average.
sr. member
Activity: 2366
Merit: 332
November 06, 2022, 02:35:11 PM
#28
BTC will surely show major volatile move in both ways before moving upward. BTC move usually that way.

This is to be expected with the very end of the year. November is the month presiding December, activities are going to start up and we may start to see some pull out or cash out for the investors around the beginning of the year. Although the past few months have not witnessed volatility which means profit have not really been made but the end of the year is still what it is. Maybe we are going to see some volatility during the end of the month.
full member
Activity: 407
Merit: 105
November 06, 2022, 09:35:21 AM
#27
November will be sideways i think. People do not have money to buy more BTC so i am not expecting any volume into the market. There is not any bad news for now so not expecting any sell off either. I do not see any major events in this month either so it will be mostly sideway. BTC will surely show major volatile move in both ways before moving upward. BTC move usually that way.
legendary
Activity: 3808
Merit: 1723
November 05, 2022, 11:13:18 PM
#26
So with the fed basically having no affect on the market. It all boils down to the CPI next week. Which will either be as estimated or higher and then the market should tank however not always.

Remember last CPI? The results were bad and there was a huge dump and faster reversal. Similar to what happened earlier in the summer. Hard to predict what will happen this week with the elections.
sr. member
Activity: 1344
Merit: 311
November 05, 2022, 02:31:56 PM
#25
As we've already seen, near the end of October there were buyers who were coming in with serious volume, bringing positive momentum back in BTC.  And it's not just BTC...  Most of the other coins have closed their monthly in the green.

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.

It looks like in November the Bitcoin price will be in the opposite direction to October. Usually in November the price of Bitcoin will increase. Although the price changes are not too high, the direction of the market shows a positive trend.
Bitcoin price will be hard to fall at $18k. We've been waiting for that in the last few months as momentum to buy. Now the Bitcoin price is back at the pump slowly, probably closing at $23k to $25 in December.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
November 05, 2022, 10:23:17 AM
#24
It’s all up to the fed. It all boils down to FOMC tomorrow.

Basically if the rumors are correct and they will be dovish then we will get a bullish month. So far many other central banks pulled back on hikes and there was some QE with others. So people are speculating the same for the fed.

However there is the chance that they will be hawkish as before since these rate hikes didn’t do much to tame inflation just yet.

I will vote tomorrow on this poll.

Looks like the US stock market didn't like what the FOMC had to say.  Lol.  But the thing is even if the S&P 500 ended the day down 2% in the red, BTC still held 20k which I think is def a positive sign.  There's prolly not enougn sellers left to push the price down below 17k lows.  

Anyway...  There are 10 votes for 'yes' and just 1 vote for 'no'.  C'mon, who voted no..?  Maybe we should have another poll guessing who voted no.  Who's been negative and bearish lately?  Cheesy

Not me,  Grin

I will agree that even if we have negative news, the price wasn't move that much and the support of $20k hold which surprises me. There are still fighting in the middle though, I see some selling but the buyers are there to pick those cheap bitcoins.

So yeah, probably we are not going to see any lower lows for this year. Come December we might see another bullish month, before we closes this year.

Yup it's prolly that and it could also be the crypto market is starting not to care what's going on with the more established markets anymore.  Lol.  At the end of the day crypto is still young and still is the wild wild west of finance.  It could move in a whole different direction while everything else is moving the opposite way.  Dunno...  It's just how I see it.  Crypto is must a different animal that could play by a different set of rules.

We'll see how it goes in these weird times but as long as it stays above 20k, the bulls have it.
hero member
Activity: 2170
Merit: 575
November 03, 2022, 05:12:55 PM
#23
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.
hero member
Activity: 2660
Merit: 551
November 03, 2022, 03:07:49 PM
#22
It’s all up to the fed. It all boils down to FOMC tomorrow.

Basically if the rumors are correct and they will be dovish then we will get a bullish month. So far many other central banks pulled back on hikes and there was some QE with others. So people are speculating the same for the fed.

However there is the chance that they will be hawkish as before since these rate hikes didn’t do much to tame inflation just yet.

I will vote tomorrow on this poll.

Looks like the US stock market didn't like what the FOMC had to say.  Lol.  But the thing is even if the S&P 500 ended the day down 2% in the red, BTC still held 20k which I think is def a positive sign.  There's prolly not enougn sellers left to push the price down below 17k lows.  

Anyway...  There are 10 votes for 'yes' and just 1 vote for 'no'.  C'mon, who voted no..?  Maybe we should have another poll guessing who voted no.  Who's been negative and bearish lately?  Cheesy

Not me,  Grin

I will agree that even if we have negative news, the price wasn't move that much and the support of $20k hold which surprises me. There are still fighting in the middle though, I see some selling but the buyers are there to pick those cheap bitcoins.

So yeah, probably we are not going to see any lower lows for this year. Come December we might see another bullish month, before we closes this year.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
November 03, 2022, 08:22:47 AM
#21
It’s all up to the fed. It all boils down to FOMC tomorrow.

Basically if the rumors are correct and they will be dovish then we will get a bullish month. So far many other central banks pulled back on hikes and there was some QE with others. So people are speculating the same for the fed.

However there is the chance that they will be hawkish as before since these rate hikes didn’t do much to tame inflation just yet.

I will vote tomorrow on this poll.

Looks like the US stock market didn't like what the FOMC had to say.  Lol.  But the thing is even if the S&P 500 ended the day down 2% in the red, BTC still held 20k which I think is def a positive sign.  There's prolly not enougn sellers left to push the price down below 17k lows.  

Anyway...  There are 10 votes for 'yes' and just 1 vote for 'no'.  C'mon, who voted no..?  Maybe we should have another poll guessing who voted no.  Who's been negative and bearish lately?  Cheesy
hero member
Activity: 1526
Merit: 555
November 03, 2022, 03:26:59 AM
#20

Before making predictions about the market, I think it would be better to wait until the Fed announces interest rates, as interest rates will act as a determining factor for the market situation. GDP in October increased more than expected but inflation has not yet decreased, so the possibility of a hawkish Fed is entirely possible. If they raise rates at 1% this will be a bad thing for bitcoin, I think a big dumping will happen but if interest rates are at 0.5% then things could be favorable for bitcoin as well as stock market. Let's wait for the Fed rate announcement then make a prediction.

They just did and it is not good news, and so it put some effect on the price on the last 24 hours. But the good thing is that the selling pressure has stop for a bit, the price climb to $20,300 now from as low as $20,100.

And with that, I think this November might not be as bad as we might see it as compare to previous months of a bear market. So I will be bullish about it, $22k might be the minimum.
STT
legendary
Activity: 4102
Merit: 1454
November 03, 2022, 01:53:07 AM
#19
Really quite critical BTC holds this area, similarly the Dollar index or DXY looks like we need 112 to be the top price for this moment to consolidate into a positive continuation for Nov and to end out the year.



   This pricing if we fail at this point probably leads us to retest the same support as prior, I actually have come to prefer a lower price for support longer term.   Not that I would opt for price to go lower but if its required, the more solid area in pricing needs to be found for longer term strength.
Basically the very recent low , the low prices end of last week; looks over extended but does need to hold for positive resolution.

hero member
Activity: 1540
Merit: 772
November 03, 2022, 12:58:48 AM
#18
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.

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 .
On one of the discussion boards I found a statement as to why Bitcoin has survived this far because one of the factors is that it has a strong worldwide community. To me that is absolutely true.

Thanks.
Continue to search and learn every information about Bitcoin. Be careful about FUD news.
If the results of the FOMC and FED meeting again raise interest rates to 75 bps, it will be a successive increase.
Investors will tend to withdraw their assets on the exchange and I think that will have a positive impact.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
November 02, 2022, 04:14:32 PM
#17
It is good to see the optimism instilled in people all over again. Too long have people doubted the possibility of bitcoin going up and making all of us a lot of profits. I understand the doubt because it has been over a year since we reached the last ATH but that is how long it takes to get back there.

Remember last time we reached ATH before that, it was 2017 December, and by 2018 October we were 6.5k or so, and dropped to 3k harder in November 2018 as well, so after a year it didn't not only recover but also dropped further. This means as long as we are here, we should be happy and accumulate more and have high hopes that it will eventually recover and go high.
legendary
Activity: 2702
Merit: 4002
November 02, 2022, 09:10:14 AM
#16
The Fed’s decision today will affect the market, as the markets expect the maximum rate hike in this meeting, provided that the next meetings will be 50 basis points, reaching interest at 5% until the end of the year. Based on that, the time is priced, but if the monetary tightening policy continues, we may see operations A major correction brings us back to 17K levels, and therefore we will return to the same trading range.

Personally, I do not expect more than 23K USD for this month.


hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
November 02, 2022, 08:22:14 AM
#15


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.

I'm still not confident with the positioning of market , yeah we broke 20k again but stagnant at this level for almost whole week now , so meaning there are still tendency that the price may fall back to 18k or more worst fell down to below the lowest 17k recently.
but the thing is that if the price takes 21k this week then maybe we are going to greening market till the end of the year.

Chances for up or down are there but if we continue to see a stagnant price for bitcoin and it remain at $20k for another week then maybe this is good sign for others to go back hodling some bitcoins around. But we shouldn't trust how it move because somehow there's no events or good news we are waiting for so most provably we cannot see a more bigger pump which create hype and FOMO to the people to create more demands on how the market moves.
legendary
Activity: 1792
Merit: 1296
Playbet.io - Crypto Casino and Sportsbook
November 02, 2022, 06:57:25 AM
#14
One can only speculate on this topic (it's not for nothing that this section is called "speculation" Smiley). I won't try to pretend to be a forecasting guru, but it seems to me that the current momentum will fizzle out and bitcoin price will fall again, returning to past levels. I believe that this is primarily due to the general situation in the cryptomarket (bearish trend) and the current small jump in value is only a temporary phenomenon. The market is not yet ready for a bull run and there are no prerequisites for this, so we should not expect a serious appreciation of crypto currencies in the near future. The price will fluctuate at previous levels with minor changes.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
November 02, 2022, 06:33:50 AM
#13


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.

I'm still not confident with the positioning of market , yeah we broke 20k again but stagnant at this level for almost whole week now , so meaning there are still tendency that the price may fall back to 18k or more worst fell down to below the lowest 17k recently.
but the thing is that if the price takes 21k this week then maybe we are going to greening market till the end of the year.
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