BTC Sentiment Poll for October | Bitcointalksearch.org

RealMalatesta

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Quote from: _BlackStar on October 31, 2022, 02:27:45 AM

Quote from: btc78 on October 30, 2022, 07:51:50 PM

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

November is a thing, last year's ATH happened in November ^{[$69,000 on November 10]} so there might be a slight increase around there. But I don't think it's a good guideline to assess the chance, but I do believe some strong fundamentals will have an impact on November prices.

That's the kind of month that I love so much. When it doesn't go up that means I can buy cheap, when it doesn't go down that means all the ones I bought so far doesn't lose value, which means it stays the same price, I am neither losing more, nor I am losing a chance to buy at this price neither. It's the perfect month to collect as much bitcoin as you can, and that's what I tried doing as much as I can.

It's not an easy task, it's definitely a hard one, but at the end of the day it's not going to be an impossible situation neither for bitcoin to go up and make me happy too. I would be happy of the price going up, I just don't feel like it's a must, it could stay and I would still feel happy.

tokeweed

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Quote from: Chato1977 on October 30, 2022, 08:10:12 PM

The votes fails to win , because it is not Down compare to what the results says , I think there are more to come in the coming weeks?
Bitcoin made an Uptrend for the last week of October and now staying at 20k level and continues growing .

The thread is not about 'the votes and to win', it's more about setting up a poll to get some sort of read or feel for what the market sentiment is for the guys here in at BCT. And judging from the votes the sentiment isn't negative or positive. It's mostly neutral.

I wouldn't say uptrend just yet. But it did break out and it's holding 20k. That's a slightly positive sign for sure. I would've liked it to bounce strong at 20.5k tho.

_BlackStar

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Quote from: btc78 on October 30, 2022, 07:51:50 PM

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.

What I want to say special is that bitcoin didn't really go down as some had predicted. Even if October only leaves the last day on the calendar, then we haven't seen anything big to go down or up so October is just a sideway for me.

Quote from: btc78 on October 30, 2022, 07:51:50 PM

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

November is a thing, last year's ATH happened in November ^{[$69,000 on November 10]} so there might be a slight increase around there. But I don't think it's a good guideline to assess the chance, but I do believe some strong fundamentals will have an impact on November prices.

Crypto Legend

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October will soon pass and it seems like it will be closed at a price of $ 20K, but this is a good thing and hopefully it will be the beginning of the resurrection, I hope that November can reach $ 25K, and not drop it again under $ 20K. And at the end of 2022 it can return to the $ 30K level so that it becomes a good start in 2023 can skyrocket again.

Chato1977

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The votes fails to win , because it is not Down compare to what the results says , I think there are more to come in the coming weeks?
Bitcoin made an Uptrend for the last week of October and now staying at 20k level and continues growing .

btc78

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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.

Minecache

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Quote from: Baofeng on October 30, 2022, 12:45:47 PM

Yes, the whole crypto space have been in the upside in the last 7 days, not sure what causes it, but if the United States has indicating some positive news then maybe some of the markets as well will have a good rally. However, there is the war still in the background for the Biden administration that can really affect their economic outlook in the future. The war has been dragging us for almost a year now and entering another critical path in the last 2 months.

According to my research, the reason the market has prospered in recent days is because PMI and GDP both increased more than expected, which means that the economy is recovering gradually, not as bad as before and the possibility of getting out of the recession is very high. But that won't send the market waxing strong, because the Fed will see the economy as fine, they will be more aggressive in raising interest rates to find a way to bring down inflation faster. November is coming and how the market behaves depends on the Fed's decision with this rate hike.

gantez

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Quote from: Reatim on October 12, 2022, 04:26:19 AM

I believe there is also a growth this month , and yes there will be more to come in the coming months as we are closing the year.

I also consider the current price as growth. The price not going up with a lot of volatility is not meaning it didn't increase but the price stayed stable between $18k to $20k. This make the confidence to also rise. The month of October was stable enough to my knowledge, it was not bullish or bearish but now we are approaching November, maybe volatility can come because of December is already here.

Baofeng

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Quote from: OgNasty on October 28, 2022, 07:44:14 PM

Quote from: ?? on ??

Quote from: kawetsriyanto on October 28, 2022, 05:04:25 AM

Mini bullrun? Undecided

I think it is only a common increase, and the increase isn't so significant.
If Bitcoin price can survive above $20k throughout November, it is very possible that Bitcoin price won't drop to $18k - $19k again.
However, if there is big news about a recession in the next year, I guess Bitcoin may have a new ATL (below $17k).

On the contrary, it seems to me that Bitcoin is now finally out of the danger zone, which is a good indicator for October. It's hard for me to predict what will happen next year, but so far I see a positive trend in the current price direction. Hopefully in November the rise will continue and if bitcoin stays above 20.5k next week, we might really see a mini bull run.

It does feel like Bitcoin is out of the danger zone for now.

Possible, but still to early to say that we are 'secure' from now. For me, we should at least get to $25k-$30k before the end of the year if we wanted to be feel protected from another lower lows.

Quote from: OgNasty on October 28, 2022, 07:44:14 PM

Assets have been rallying hard this week as it's starting to look like the United States might already be out of recession, signaling that the flight to safety which was being decimated by inflation might now be turning toward scooping up distressed assets. The exceptions maybe being big tech like Amazon, Tesla, Meta, taking a massive hit in their values as investors are returning to a more normal environment. I think a lot of money that came out of bonds was dumped into what people thought were safe stocks, and that led to the crash in some big name tech companies.

Yes, the whole crypto space have been in the upside in the last 7 days, not sure what causes it, but if the United States has indicating some positive news then maybe some of the markets as well will have a good rally. However, there is the war still in the background for the Biden administration that can really affect their economic outlook in the future. The war has been dragging us for almost a year now and entering another critical path in the last 2 months.

OgNasty

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Quote from: ?? on ??

Quote from: kawetsriyanto on October 28, 2022, 05:04:25 AM

Mini bullrun? Undecided

I think it is only a common increase, and the increase isn't so significant.
If Bitcoin price can survive above $20k throughout November, it is very possible that Bitcoin price won't drop to $18k - $19k again.
However, if there is big news about a recession in the next year, I guess Bitcoin may have a new ATL (below $17k).

On the contrary, it seems to me that Bitcoin is now finally out of the danger zone, which is a good indicator for October. It's hard for me to predict what will happen next year, but so far I see a positive trend in the current price direction. Hopefully in November the rise will continue and if bitcoin stays above 20.5k next week, we might really see a mini bull run.

It does feel like Bitcoin is out of the danger zone for now. Assets have been rallying hard this week as it's starting to look like the United States might already be out of recession, signaling that the flight to safety which was being decimated by inflation might now be turning toward scooping up distressed assets. The exceptions maybe being big tech like Amazon, Tesla, Meta, taking a massive hit in their values as investors are returning to a more normal environment. I think a lot of money that came out of bonds was dumped into what people thought were safe stocks, and that led to the crash in some big name tech companies.

tokeweed

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Quote from: btc_angela on October 28, 2022, 07:30:48 AM

Quote from: ShowOff on October 28, 2022, 05:50:04 AM

Quote from: kawetsriyanto on October 28, 2022, 05:04:25 AM

Mini bullrun? Undecided

I think it is only a common increase, and the increase isn't so significant.
If Bitcoin price can survive above $20k throughout November, it is very possible that Bitcoin price won't drop to $18k - $19k again.
However, if there is big news about a recession in the next year, I guess Bitcoin may have a new ATL (below $17k).

I'm sure it's not a bullrun or whatever term they say about those small gains.
In fact an increase like this can be considered normal because some news has made the market sentiment change where there is an increase in demand in the market. But an increase like this will not last much longer because there are many negative issues that can affect investors' interest in buying lots.

Actually I didn't expect the price to drop to $17K or lower, but considering the recession issue then I would consider it a risk to be more prepared for market conditions. Even if I want to buy every dips, then I will really consider DCA so I can take better chances to accumulate.

I think our concern is not whether the price could go up significantly, how ever we call them.

But where the bottom price will be in this bearish market. So far the lowest low is $17,500, but who knows, we might see a new record next year. it's important because we can really gauge how deep the market will be and what is the potential growth in the future. For this month, we can simply say that the price could be just above $20K and I think we should be happy that we will end this month at that price.

^ Yup. We really couldn't expect BTC and all the other alts to claw their way up from here and recover all the ground lost since November last year. :/ I mean with everything that's going on all around the world. Buuut we should like what we're seeing right now too. BTC never went below 18k for long and now it looks like 20k is gonna hold too. I won't mind if the market loses momentum and goes side ways again from here on out as long as 18k - 20k holds... I'd consider it a win.

I locked the poll a couple of days ago. No use trying to get the sentiment for the month through the poll when the month is almost over.

yudi09

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Quote from: cryptomaniac_xxx on October 27, 2022, 07:30:58 AM

Quote from: yudi09 on October 27, 2022, 03:45:19 AM

The price increase from $18,319.82 to $20,938.13 in a matter of % months can at least be an encouragement for traders who are starting to look bored with the market situation.
$25K is the target for the end of this month and the initial target as we enter early November.
We admit that the movement of the price chart this week can't be said to be strong, it could go down again and the movement of the price chart at this time we can't say that the bullrun market has started.

$25k might be too high for a target at the end of this month, it's better to put a conservative value like $22k.

But we will see, and hopefully starting November this sort of mini bull run will continue and there will be struggle to that $22k price. Because if we did hit that one and maintain throughout November then everyone will be at least glad to see that the price remains above $20k and there is no lower lows. And so with the current surge in the last 2 days, traders and investors started to get excited again.

For a few more days towards the end of the month, $25K looks high. We call this target because the price is increasing with the initial assumption that it can be close. It turns out that the surge that occurred was not too strong to reach the price we are talking about.
Right now we are in the $20.5K price range. That means there is an increase of about 7.7% in the 7D count.

btc_angela

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Quote from: ShowOff on October 28, 2022, 05:50:04 AM

Quote from: kawetsriyanto on October 28, 2022, 05:04:25 AM

Mini bullrun? Undecided

I think it is only a common increase, and the increase isn't so significant.
If Bitcoin price can survive above $20k throughout November, it is very possible that Bitcoin price won't drop to $18k - $19k again.
However, if there is big news about a recession in the next year, I guess Bitcoin may have a new ATL (below $17k).

I'm sure it's not a bullrun or whatever term they say about those small gains.
In fact an increase like this can be considered normal because some news has made the market sentiment change where there is an increase in demand in the market. But an increase like this will not last much longer because there are many negative issues that can affect investors' interest in buying lots.

Actually I didn't expect the price to drop to $17K or lower, but considering the recession issue then I would consider it a risk to be more prepared for market conditions. Even if I want to buy every dips, then I will really consider DCA so I can take better chances to accumulate.

I think our concern is not whether the price could go up significantly, how ever we call them.

But where the bottom price will be in this bearish market. So far the lowest low is $17,500, but who knows, we might see a new record next year. it's important because we can really gauge how deep the market will be and what is the potential growth in the future. For this month, we can simply say that the price could be just above $20K and I think we should be happy that we will end this month at that price.

ShowOff

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Quote from: kawetsriyanto on October 28, 2022, 05:04:25 AM

Mini bullrun? Undecided

I think it is only a common increase, and the increase isn't so significant.
If Bitcoin price can survive above $20k throughout November, it is very possible that Bitcoin price won't drop to $18k - $19k again.
However, if there is big news about a recession in the next year, I guess Bitcoin may have a new ATL (below $17k).

I'm sure it's not a bullrun or whatever term they say about those small gains.
In fact an increase like this can be considered normal because some news has made the market sentiment change where there is an increase in demand in the market. But an increase like this will not last much longer because there are many negative issues that can affect investors' interest in buying lots.

Actually I didn't expect the price to drop to $17K or lower, but considering the recession issue then I would consider it a risk to be more prepared for market conditions. Even if I want to buy every dips, then I will really consider DCA so I can take better chances to accumulate.

kawetsriyanto

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Quote from: cryptomaniac_xxx on October 27, 2022, 07:30:58 AM

$25k might be too high for a target at the end of this month, it's better to put a conservative value like $22k.

Yep. October will end in 3 days, it seems very hard to see Bitcoin price achieving $25k.
During this month, Bitcoin price has no significant move, it is only around $19k to $20k. Considering this fact, I assume Bitcoin price won't be above $20k until the next month.

Quote from: cryptomaniac_xxx on October 27, 2022, 07:30:58 AM

But we will see, and hopefully starting November this sort of mini bull run will continue and there will be struggle to that $22k price. Because if we did hit that one and maintain throughout November then everyone will be at least glad to see that the price remains above $20k and there is no lower lows.

Mini bullrun? Undecided

I think it is only a common increase, and the increase isn't so significant.
If Bitcoin price can survive above $20k throughout November, it is very possible that Bitcoin price won't drop to $18k - $19k again.
However, if there is big news about a recession in the next year, I guess Bitcoin may have a new ATL (below $17k).

Tony116

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Quote from: Reatim on October 27, 2022, 04:30:05 AM

with 4 days remaining in October , and with close votes from the Poll , I think it is indeed growth is what we are having this Month and may have another chance to stay pumping this next month..

so obviously it is Upward for the bitcoin price this October though stagnant in the starting weeks .

Have you checked the bitcoin chart again, the price is falling back and getting close to the 20k zone, looks like this short term rally is over and only going for 3 days. Yesterday, GDP was announced and higher than expected which is good news but somehow the market reacted the opposite way. Many people believe that a high GDP shows that the economy has not yet weakened and this is why the Fed will be more aggressive to control inflation instead of being gentle for fear of the economy falling into a recession. We will most likely end October with the next red candle.

traderethereum

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Because October is almost over and we don't see any sharp increase or decrease in the price of bitcoin, the price "only" has increased slightly.
The increase in the price of bitcoin today is still not too significant but is enough to attract profits, especially if we buy bitcoin when the price is at $ 17k.
And we can only hope that in the next 2 months, the price of bitcoin can reach $25k or even more so that it can provide more profits.
But if that doesn't happen, we should be prepared to buy if the price drops below $20k.

lepbagong

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Quote from: Reatim on October 27, 2022, 04:30:05 AM

with 4 days remaining in October , and with close votes from the Poll , I think it is indeed growth is what we are having this Month and may have another chance to stay pumping this next month..

so obviously it is Upward for the bitcoin price this October though stagnant in the starting weeks .

I think I really want bitcoin to start showing itself, but I'm pessimistic because the world is not in a good state. so very sure it will affect bitcoin to be able to move better, although other possibilities will always happen.
i don't see that bitcoin will improve until the end of the year, maybe increase from now, but it's just trying to improve it might be up to $30K which is a good thing

cryptomaniac_xxx

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Quote from: yudi09 on October 27, 2022, 03:45:19 AM

Quote from: Jating on October 26, 2022, 05:54:15 AM

Quote from: yudi09 on October 26, 2022, 02:20:37 AM

Quote from: rokok lokal on October 23, 2022, 03:41:38 AM

In fact, BTC Sentiment has not been this low until now. Only time will tell whether the community is pessimistic about Bitcoin's opportunities or whether the trend will continue to fall lower.

It's already moved to $20.2K from $19K and we'll see in the remaining days if it's strong enough to hold above $20K?
Why do I say how strong we are to survive, because we are in the middle of an ailing economy.
The movement of the price of Bitcoin in the midst of inflation shows that don't judge by price but by value.

And that is the big question right now, yes we have enjoyed 7% increased in the last 24 hours, (when was the last time we have seen this?) and we still have like 5 days to maintain at this level. So for me, we shouldn't be happy of the increased. I mean too early to celebrate as we don't know if the price can hold up to the end of the month. Or suddenly there is a selling pressure, catching a falling knife scenario.

The price increase from $18,319.82 to $20,938.13 in a matter of % months can at least be an encouragement for traders who are starting to look bored with the market situation.
$25K is the target for the end of this month and the initial target as we enter early November.
We admit that the movement of the price chart this week can't be said to be strong, it could go down again and the movement of the price chart at this time we can't say that the bullrun market has started.

$25k might be too high for a target at the end of this month, it's better to put a conservative value like $22k.

But we will see, and hopefully starting November this sort of mini bull run will continue and there will be struggle to that $22k price. Because if we did hit that one and maintain throughout November then everyone will be at least glad to see that the price remains above $20k and there is no lower lows. And so with the current surge in the last 2 days, traders and investors started to get excited again.

Reatim

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with 4 days remaining in October , and with close votes from the Poll , I think it is indeed growth is what we are having this Month and may have another chance to stay pumping this next month..

so obviously it is Upward for the bitcoin price this October though stagnant in the starting weeks .

Topic: BTC Sentiment Poll for October (Read 667 times)