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Topic: BTC Sentiment Poll for November - page 3. (Read 397 times)

sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
November 02, 2022, 05:13:35 AM
#12

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.
legendary
Activity: 3080
Merit: 1353
November 02, 2022, 04:25:18 AM
#11
I voted for Yes. It seems that the investors are back on track on bitcoin, I guess the target for this month should be around $21,000. We need to go up to that price and then sustain it that run.

We've seen it happened last October, it's that when we reach it, there are a lot of sellers and now it became the biggest barrier so far for our next rally. So we will see and hopefully we can get through that price this November.
hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
November 02, 2022, 03:04:07 AM
#10
if this will continue to stagnant at 20k , then we may see bad November this year  as the world is still suffering from drowning , I hate this but Bear will start in November till the end of 2022.
We have some doubts about bitcoin's move this month, although the correction could find a gradual recovery, the stagnation is likely to persist until the end of the year. If you look at the 68k to 20k chart, it means that the next recovery will still be around 68k. Although we can't say for sure what the bitcoin price range will be until the end of the year.
Therefore, this year becomes a long correction or even in the coming year before reaching the next ATH. It is interesting that we wait for the actual bitcoin price until the end of the year.
member
Activity: 1162
Merit: 58
November 01, 2022, 11:41:05 PM
#9
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 .
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
November 01, 2022, 10:36:55 PM
#8
I will gonna bring here my recent post in October sentiment thread mate because I think it is worth continuing here ..
Quote
the Month has ended now , and yet we only saw small increase in which means nothing special in October , lets see what next month brings as November we will be having another sentiments .

I hope that next will be more profitable in our Part as Bitcoin Holder than the previous months of this 2022.

if this will continue to stagnant at 20k , then we may see bad November this year  as the world is still suffering from drowning , I hate this but Bear will start in November till the end of 2022.
sr. member
Activity: 2380
Merit: 366
November 01, 2022, 10:17:31 PM
#7
I was honestly not expecting for the boring sideway movement of Bitcoin's price to last this long. I though it would end in October which I generally think was Uptober despite others not expecting a better month. I was wrong although there was indeed a slight increase in the final days. But it wasn't really a big deal. It wasn't even a momentum. It was just simply a part of the bigger sideway movement of the price. It was well within the range of this seemingly stable behavior.

As December is coming though, I think Bitcoin will be more green than red. So November will be more green most probably.
legendary
Activity: 2534
Merit: 1233
November 01, 2022, 06:59:36 PM
#6
I'm still hoping Bitcoin price had a good start this month and it could be next month will pump up and hit the resistance level of $23k.

The poll shows that it might be a correction and anytime it will pump up either in the next month.

We've heard a lot of good predictions from known people, I didn't if they are attention seekers but at least they have a good perception of Bitcoin price and this month could be determined if there's a bull market this year.
legendary
Activity: 2534
Merit: 1397
November 01, 2022, 06:03:28 PM
#5
The pump during the last few days of October is convincing that we will see a good upward run for the market this month (November) and I am very positive that we will also experience it until the end of the year, I'm just hoping.
The $20,000 level right is really significant because as we saw this was the top of the 2017-2018 bull run, then for me, this will be the strong support right now for a long-term perspective.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
November 01, 2022, 02:22:35 PM
#4
It’s all up to the fed. It all boils down to FOMC tomorrow.
My speculation for Bitcoin in November for the past few months was bullish and I still remain bullish on it. November (many have dubbed it Movember) has often been a favourable month for Bitcoin from past studies and I don't see this year's November being an exception. The FOMC tomorrow will, somehow, find away to make that speculation realizable by moving it north bound whichever way we want to look at it.
hero member
Activity: 1540
Merit: 772
November 01, 2022, 11:30:45 AM
#3
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.
legendary
Activity: 3808
Merit: 1723
November 01, 2022, 09:42:56 AM
#2
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.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
November 01, 2022, 09:31:05 AM
#1
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.

Here's the monthly chart.

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