BTC Sentiment Poll for November - page 3.

Hamphser

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Quote from: khiholangkang on November 10, 2023, 12:39:07 PM

Quote from: Yaunfitda on November 09, 2023, 03:41:09 PM

Quote from: South Park on November 09, 2023, 03:33:34 PM

Quote from: khiholangkang on November 09, 2023, 12:50:29 PM

I don't think this is about ETF manipulation, but you must really understand that adoption is getting stronger due to Halving too, I do not deny that the increase that occurs one of the ETF Bitcoin news sentiments which is now increasingly strengthened from the retail community and also institutional investors But whatever power that we will indeed experience a big surge next year, and preparation for November will also be an opportunity for small investors to collect more bitcoin.

I also previously did not have more expectations at the end of the year, that reaching $ 35k alone was enough for Bitcoin to show its strength, but they asked for more and maybe we would get a price of more than $ 40K at the end of this year.

While the ETF news ended up being a lie, at the same time this incident awoke the interest on this market once again and it seems investors are now taking a position preparing themselves for the halving, however while the ETF approval did not happen I really think that the people in the known are predicting that eventually one may get approved soon and they want to buy bitcoin before that happens, as the reaction of the market to that news will be very vigorous and the price will surely grow very rapidly after such news was confirmed.

It already proven to be fake news right? the supposedly cointelegraph tweet and then the ticker suddenly listed. But still the market wasn't deterred, it continue to buy and as as result the market went and break the biggest barrier that we have for this year and that is $32k. And it continue to grow in the last week of October and the bullish sentiments carry it till this day, looking at the market cap,

Quote

High
$37,926.26

So it almost touch $38k in the last 24 hours and so far we really don't know what drove the investors to pour their money again and I doubt that it is about ETF. Or maybe they are just fattening their wallet in preparation for a bull run.

Yes it was fake news fake news earlier put out by mainstream media cointelegraph on its X account. And that triggered quite a big reaction in the market.
But this march of increased adoption I think from another point of view about this significant growth in November because of the continued heated discussion in many media about the bitcoin halving which made bitcoin experience high popularity so that it gets the attention of investors, and also bitcoin became the best asset again during this year with more than 100%, from the price as of January.

It is possible that the holders of financial exchanges continue to buy bitcoin, if you look at the ETF itself, then the exchange that trades it they must have bitcoin, and most likely these asset managers are buying slowly bitcoin before the price is higher.IMO

Fake news but it turns out to be a good or positive trigger that we do have on this market on which with that sudden deletion of that ETF approval fake news but still it do ends up that the market do end up on having on the same sentiments on which it did really get in line with Blackrocks application and now those chances for it to be approved on which it did really cause up on markets to go even further.
We cant really deny nor not that blind not to see those kind of catalyst on which it did make that trigger but well not all that it is happening is determined with that news yet it could really be moving out
completely without having any sentiments such as this. Tons had been anticipating that the price might really be that going sideways for a while but it turns out that
the price had made some breakout on which we didnt really expect for it to happen. What causes up for shoot up more? No one really knows but rest assured, we arent still on a bull run yet.

khiholangkang

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Quote from: Yaunfitda on November 09, 2023, 03:41:09 PM

Quote from: South Park on November 09, 2023, 03:33:34 PM

Quote from: khiholangkang on November 09, 2023, 12:50:29 PM

I don't think this is about ETF manipulation, but you must really understand that adoption is getting stronger due to Halving too, I do not deny that the increase that occurs one of the ETF Bitcoin news sentiments which is now increasingly strengthened from the retail community and also institutional investors But whatever power that we will indeed experience a big surge next year, and preparation for November will also be an opportunity for small investors to collect more bitcoin.

I also previously did not have more expectations at the end of the year, that reaching $ 35k alone was enough for Bitcoin to show its strength, but they asked for more and maybe we would get a price of more than $ 40K at the end of this year.

While the ETF news ended up being a lie, at the same time this incident awoke the interest on this market once again and it seems investors are now taking a position preparing themselves for the halving, however while the ETF approval did not happen I really think that the people in the known are predicting that eventually one may get approved soon and they want to buy bitcoin before that happens, as the reaction of the market to that news will be very vigorous and the price will surely grow very rapidly after such news was confirmed.

It already proven to be fake news right? the supposedly cointelegraph tweet and then the ticker suddenly listed. But still the market wasn't deterred, it continue to buy and as as result the market went and break the biggest barrier that we have for this year and that is $32k. And it continue to grow in the last week of October and the bullish sentiments carry it till this day, looking at the market cap,

Quote

High
$37,926.26

So it almost touch $38k in the last 24 hours and so far we really don't know what drove the investors to pour their money again and I doubt that it is about ETF. Or maybe they are just fattening their wallet in preparation for a bull run.

Yes it was fake news fake news earlier put out by mainstream media cointelegraph on its X account. And that triggered quite a big reaction in the market.
But this march of increased adoption I think from another point of view about this significant growth in November because of the continued heated discussion in many media about the bitcoin halving which made bitcoin experience high popularity so that it gets the attention of investors, and also bitcoin became the best asset again during this year with more than 100%, from the price as of January.

It is possible that the holders of financial exchanges continue to buy bitcoin, if you look at the ETF itself, then the exchange that trades it they must have bitcoin, and most likely these asset managers are buying slowly bitcoin before the price is higher.IMO

hyudien

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Quote from: Aanuoluwatofunmi on November 10, 2023, 08:16:56 AM

Bitcoin is making us proud with the way it has lay a strong resistance against bear ever since the October experience and now it has broken the limit from $36,000 to $37,000 and there's more hope that before the end of the year, the market is likely to maintain being more bullish than before, despite the fact that many had proposed more bull all throughout the end of the year, this means we are more bullish henceforth and holding bitcoin in this present time will be proven profitable till we enter into Halving.

I am currently optimistic about a bullish market due to strong market sentiment and increasing Bitcoin adoption from large institutions. Regardless of whether this is still considered too early or not, the tendency to increase early is different from the previous ATH process. However, despite such optimism, it cannot be separated from the anticipation that as large institutions enter aggressively into Bitcoin, retail retailers in the future will earn less than what they bought the previous year. The power to hold the price of Bitcoin after the Halving for large companies is a game that needs to be controlled. Therefore, as a retailer, whether to release or hold it becomes a bit confusing. What I mean by confusion is that apart from future lows, we will not find any more like this year's lows.

onecall123

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When Bitcoin crossed the historical 30-32k resistance and people saw it sticking around, it felt like a big relief. The positive sentiment about Bitcoin is strong. Now, it just needs some confirmations to make sure the price stays up, aiming for $38k. If that happens, it might go even higher over the next day or two.

It seems like phase 2 is starting a little early. Phase 3 is expected to start around the middle of next year. We might witness a new all-time high, so exciting times ahead!

Aanuoluwatofunmi

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Bitcoin is making us proud with the way it has lay a strong resistance against bear ever since the October experience and now it has broken the limit from $36,000 to $37,000 and there's more hope that before the end of the year, the market is likely to maintain being more bullish than before, despite the fact that many had proposed more bull all throughout the end of the year, this means we are more bullish henceforth and holding bitcoin in this present time will be proven profitable till we enter into Halving.

Jegileman

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Quote from: tokeweed on November 02, 2023, 08:16:51 AM

We had one of the best performing month of the year for BTC, if not the best performing month.

So I'm guessing everybody's sentiment might be a tad more bullish? Wink

For this month's poll, let's try something different. It won't be a question about the price but a question about what you guys think about BTC's price action now and what it means going forward.

The price action for BTC by the end of this month should be nothing less than $40K. Throughout this month, the market will continue to experience bullishness and could create so many new resistance that would hold the price up to hit the $40K price. If by the end of the month, the bitcoin price can form a new resistance at $38K, we will see nothing less than $39K to $42K range when the month is coming to an end. This bullish form will continue until next year, just a little correction I foresee will take effect place but we won’t experience a major bearish market now until the halving.

tokeweed

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Quote from: carlisle1 on November 09, 2023, 08:10:25 AM

Quote from: tokeweed on November 09, 2023, 07:53:31 AM

^ Dunno, looking at how BTC has been breaking out above resistances one after another, I don't think 40k is gonna pose much 'resisting' once it gets there. Lol. There could be one around 46k - 48k tho judging from how it looks on the chart.

Anyway after the first week of so, we got 22 guys voting that it's already a bull market, there are 4 guys who woke up at the wrong side of the bed and a couple of guys who don't know.m Hmmm... At least let's hope they're exposed at least a little in this market move.

and now it is 23 mate Grin

I don't mind having sideways but now? I am concretely believing that Bitcoin will gradually hitting 40k and some says even to get 42k before it bounced back to 30k'ish level .

But 46-48k ? i think I am enough when it grows to 42k and maybe consider selling , as I have seen this happening couiple of times that after a growth before halving , mostly price will go super low .

so that means I am ready to what will do once we got there , I love the people here so much positive to what will happen.

I hear you. As for selling, you mean you longed as a trade? Hope you have a long term bag too. Lol. Anyway, you gotta wait until it shows some kind of weakness and wait if the momentum continues. I'd rather sell late and see the whole duration of the move rather than sell early and runs way higher than expected.

And as for wanting some sideways action, yup. But people are kinda getting more excited and piling money in there as it goes.

Edit: Bull trap has 5 just now. Cheesy

justdimin

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Quote from: Dave1 on November 09, 2023, 05:27:35 AM

Quote from: DapanasFruit on November 09, 2023, 04:18:58 AM

I am not good at predicting anything most especially in foreseeing the possible ups and downs for Bitcoin. Now, having said that, my own sentiment is that we are now entering the early phase of the bull run market though there is still that possibility that by December there can be a minor pullback of the price. In this month, there can be a continuing upward pressure maybe even reaching $40K as more and more people as well as big financial firms are hoarding Bitcoin for the coming approval of the ETF and the halving in 2024. Of course, I can be wrong so we should take anything with some raised eyebrows.

$40k should be the resistance right now, currently we have a huge spike again in the last 24 hours, +4.x% and now we are trying to break $37k. So it's good that we have another bullish month.

So the only thing we can do right now is to have a lot of patience.

The target for this month or at least at the end of the year is $40k-$50k and it looks like that trajectory is achievable.

At this point I am not seeing any resistance at all, it looks like resistance before it gets there, but then it gets broken to pieces when the price starts to chuck away all those sell orders. I mean when the market is hyped, it is really hard to stand on its way, the market will be capable of beating down any wall and going above any resistance, with just some time. I think 40k will not be an issue for us neither, we are going to go above that easily, and that's why I am glad that I have invested into bitcoin.

I agree that as long as we have some patience, we are going to do fine, because it may not happen over night in a single day, but the price will definitely keep growing bigger and bigger, we just need to hold meanwhile.

STT

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I voted I dont know because its all yet to be proven. The price action again recently is bullish but I have trust issues which how long a push upwards lasts in any perfect way. We are now today challenging the ancient history of 2022 opening months when we had fallen off the ATH and it was fairly hard as sell off. If there isnt much volume in that area it could be easier then expected.

ajiz138

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Quote from: Yaunfitda on November 09, 2023, 03:41:09 PM

Quote

High
$37,926.26

So it almost touch $38k in the last 24 hours and so far we really don't know what drove the investors to pour their money again and I doubt that it is about ETF. Or maybe they are just fattening their wallet in preparation for a bull run.

That being the highest point I've seen during the year would probably be a good start before starting at the beginning of the year.
Yeap maybe that's so because the price has gone up so many investors are pouring funds into the bitcoin market and preparing now, they don't want to miss the train so maybe they should prepare from now on.
ETF speculation still continues because the FOMO news seems to be really made by the whales so that many come in, but now market sentiment is still influenced by ETF news and others.

Oasisman

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I can't say it's a bull trap since we are approaching at the next bitcoin halving, so I will say it's the beginning of the bullrun. Though we may still experience a pull back a little bit, but I don't think it would go as far below $30k as we've seen more people who are gradually accumulating additional fractions of bitcoin to their wallet.
I can't think of any other reasons that could initiate the bullrun, not even the ETF news, except the fact that we are about to get into the 4 year cycle which may create another ATH.

Yaunfitda

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Quote from: South Park on November 09, 2023, 03:33:34 PM

Quote from: khiholangkang on November 09, 2023, 12:50:29 PM

Quote from: fzkto on November 09, 2023, 10:41:53 AM

It seems to me too that there is a local rise or market manipulation going on right now because of ETFs. I am sure that before halving the price collapsed once more or we can call it the last correction. I don't expect bitcoin to rise much now.

I don't think this is about ETF manipulation, but you must really understand that adoption is getting stronger due to Halving too, I do not deny that the increase that occurs one of the ETF Bitcoin news sentiments which is now increasingly strengthened from the retail community and also institutional investors But whatever power that we will indeed experience a big surge next year, and preparation for November will also be an opportunity for small investors to collect more bitcoin.

I also previously did not have more expectations at the end of the year, that reaching $ 35k alone was enough for Bitcoin to show its strength, but they asked for more and maybe we would get a price of more than $ 40K at the end of this year.

While the ETF news ended up being a lie, at the same time this incident awoke the interest on this market once again and it seems investors are now taking a position preparing themselves for the halving, however while the ETF approval did not happen I really think that the people in the known are predicting that eventually one may get approved soon and they want to buy bitcoin before that happens, as the reaction of the market to that news will be very vigorous and the price will surely grow very rapidly after such news was confirmed.

It already proven to be fake news right? the supposedly cointelegraph tweet and then the ticker suddenly listed. But still the market wasn't deterred, it continue to buy and as as result the market went and break the biggest barrier that we have for this year and that is $32k. And it continue to grow in the last week of October and the bullish sentiments carry it till this day, looking at the market cap,

Quote

High
$37,926.26

So it almost touch $38k in the last 24 hours and so far we really don't know what drove the investors to pour their money again and I doubt that it is about ETF. Or maybe they are just fattening their wallet in preparation for a bull run.

South Park

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Quote from: khiholangkang on November 09, 2023, 12:50:29 PM

Quote from: fzkto on November 09, 2023, 10:41:53 AM

It seems to me too that there is a local rise or market manipulation going on right now because of ETFs. I am sure that before halving the price collapsed once more or we can call it the last correction. I don't expect bitcoin to rise much now.

I don't think this is about ETF manipulation, but you must really understand that adoption is getting stronger due to Halving too, I do not deny that the increase that occurs one of the ETF Bitcoin news sentiments which is now increasingly strengthened from the retail community and also institutional investors But whatever power that we will indeed experience a big surge next year, and preparation for November will also be an opportunity for small investors to collect more bitcoin.

I also previously did not have more expectations at the end of the year, that reaching $ 35k alone was enough for Bitcoin to show its strength, but they asked for more and maybe we would get a price of more than $ 40K at the end of this year.

While the ETF news ended up being a lie, at the same time this incident awoke the interest on this market once again and it seems investors are now taking a position preparing themselves for the halving, however while the ETF approval did not happen I really think that the people in the known are predicting that eventually one may get approved soon and they want to buy bitcoin before that happens, as the reaction of the market to that news will be very vigorous and the price will surely grow very rapidly after such news was confirmed.

khiholangkang

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Quote from: fzkto on November 09, 2023, 10:41:53 AM

It seems to me too that there is a local rise or market manipulation going on right now because of ETFs. I am sure that before halving the price collapsed once more or we can call it the last correction. I don't expect bitcoin to rise much now.

I don't think this is about ETF manipulation, but you must really understand that adoption is getting stronger due to Halving too, I do not deny that the increase that occurs one of the ETF Bitcoin news sentiments which is now increasingly strengthened from the retail community and also institutional investors But whatever power that we will indeed experience a big surge next year, and preparation for November will also be an opportunity for small investors to collect more bitcoin.

I also previously did not have more expectations at the end of the year, that reaching $ 35k alone was enough for Bitcoin to show its strength, but they asked for more and maybe we would get a price of more than $ 40K at the end of this year.

Zanab247

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Quote from: fzkto

I hope that November will be as good a month as October. The bull market started in September and I think that November could be even more bullish. The monthly chart looks very good to me. The main thing is that the price does not fall back below 33k.

With what is happening in the market now show that November will be the best month crypto users have never experience this year, because it look like the price of BTC will reach $40k in this month of November which investors find it difficult to see in the month of October but we only experienced $34k. The chart show that the price of BTC will surely hit above $40k in this month of November for those hodlers waiting for bull run to come for them to have money to celebrate the new year will embrace this opportunity that is about to land in the market for strong bull to continue again.

Just 9 days in the month of November the price has hit $37k, which is pushing some hodlers to sell before the price will still go down to $30k but I believe the price will not go down again until the price reach $80k next year before it will come down for bear run to continue in the market.

Out of mind

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In October, we saw a lot of pumping in Bitcoin which was a big increase compared to August. However, currently November has seen more changes in the Bitcoin market candlesticks where only green lights are visible. These green lights are steadily moving higher which is why we currently see the Bitcoin market hovering around $38,000. As the market is currently running like an unbridled spin, we can say with certainty that soon the Bitcoin market will touch $40,000 in November. I believe this is possible because the way we see Bitcoin moving from the current time it will touch $50,000 soon. As Bitcoin halving is coming up, maybe the Bitcoin market is growing so much, and all the investors are very happy from this green candle in the Bitcoin market.

fzkto

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Quote from: carlisle1 on November 09, 2023, 08:10:25 AM

Quote from: tokeweed on November 09, 2023, 07:53:31 AM

^ Dunno, looking at how BTC has been breaking out above resistances one after another, I don't think 40k is gonna pose much 'resisting' once it gets there. Lol. There could be one around 46k - 48k tho judging from how it looks on the chart.

Anyway after the first week of so, we got 22 guys voting that it's already a bull market, there are 4 guys who woke up at the wrong side of the bed and a couple of guys who don't know.m Hmmm... At least let's hope they're exposed at least a little in this market move.

and now it is 23 mate Grin

I don't mind having sideways but now? I am concretely believing that Bitcoin will gradually hitting 40k and some says even to get 42k before it bounced back to 30k'ish level .

But 46-48k ? i think I am enough when it grows to 42k and maybe consider selling , as I have seen this happening couiple of times that after a growth before halving , mostly price will go super low .

so that means I am ready to what will do once we got there , I love the people here so much positive to what will happen.

It seems to me too that there is a local rise or market manipulation going on right now because of ETFs. I am sure that before halving the price collapsed once more or we can call it the last correction. I don't expect bitcoin to rise much now.

carlisle1

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Quote from: tokeweed on November 09, 2023, 07:53:31 AM

^ Dunno, looking at how BTC has been breaking out above resistances one after another, I don't think 40k is gonna pose much 'resisting' once it gets there. Lol. There could be one around 46k - 48k tho judging from how it looks on the chart.

Anyway after the first week of so, we got 22 guys voting that it's already a bull market, there are 4 guys who woke up at the wrong side of the bed and a couple of guys who don't know.m Hmmm... At least let's hope they're exposed at least a little in this market move.

and now it is 23 mate Grin

I don't mind having sideways but now? I am concretely believing that Bitcoin will gradually hitting 40k and some says even to get 42k before it bounced back to 30k'ish level .

But 46-48k ? i think I am enough when it grows to 42k and maybe consider selling , as I have seen this happening couiple of times that after a growth before halving , mostly price will go super low .

so that means I am ready to what will do once we got there , I love the people here so much positive to what will happen.

tokeweed

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^ Dunno, looking at how BTC has been breaking out above resistances one after another, I don't think 40k is gonna pose much 'resisting' once it gets there. Lol. There could be one around 46k - 48k tho judging from how it looks on the chart.

Anyway after the first week of so, we got 22 guys voting that it's already a bull market, there are 4 guys who woke up at the wrong side of the bed and a couple of guys who don't know.m Hmmm... At least let's hope they're exposed at least a little in this market move.

Dave1

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Quote from: DapanasFruit on November 09, 2023, 04:18:58 AM

I am not good at predicting anything most especially in foreseeing the possible ups and downs for Bitcoin. Now, having said that, my own sentiment is that we are now entering the early phase of the bull run market though there is still that possibility that by December there can be a minor pullback of the price. In this month, there can be a continuing upward pressure maybe even reaching $40K as more and more people as well as big financial firms are hoarding Bitcoin for the coming approval of the ETF and the halving in 2024. Of course, I can be wrong so we should take anything with some raised eyebrows.

$40k should be the resistance right now, currently we have a huge spike again in the last 24 hours, +4.x% and now we are trying to break $37k. So it's good that we have another bullish month.

So the only thing we can do right now is to have a lot of patience.

The target for this month or at least at the end of the year is $40k-$50k and it looks like that trajectory is achievable.

Topic: BTC Sentiment Poll for November - page 3. (Read 841 times)