BTC Sentiment Poll for October - page 2.

EarnOnVictor

hero member

Activity: 882

Merit: 654

Leading Crypto Sports Betting & Casino Platform

Quote from: TravelMug on October 10, 2024, 04:24:19 AM

Quote from: EarnOnVictor on October 10, 2024, 03:46:43 AM

Quote from: bitterguy28 on October 09, 2024, 12:48:34 AM

Quote from: tokeweed on October 02, 2024, 06:30:12 AM

With all these talks swirling around that October is gonna be bullish due to it being bullish in the past, do all you guys here at BCT really think 'past performance is indicative of future results.'? Just wondering...

And here's the chart. September made the monthly look good. I for one hopes the green candles keep coming. As for what could happen, I don't know.
-image cut off-

I maybe late in voting but obviously we are bullish this month and may also continue bullying till december as we have been seeing over the years most specially when there is halving around . and knowing that this year or the next will be the recording of new ATH? am sure many of us are very positive about this scenarios .

This is the second time I'm visiting this thread this month and judging by the already casted votes, it looks like the Bulls are winning. It's me and 3 other guys who voted for selling in October and we are even winning the majority. Wink

This is why I do not bother arguing with people anymore regarding trading, the majority are always wrong. What people often argue and act against is almost always the opposite of the market doings. The bearishness in Bitcoin was so obvious on the weekly and daily chart in the wake of October, but the last bullish impact tricked people, we need to look beyond the market price and even the current candlestick but the trendline, price action, the entire pattern and the general outlook shown by the current market chart. According to this study, Bitcoin would maintain a bearish trend in October and might hit around $55,000 or lower before the month ends.

Although we had another minor correction again, I saw the price going as high as $62k and I thought that we will be continuing on a run and make it around $65k at least. However, in the last 24 hours, prices dip to $60k and hopefully the support line will hold, otherwise there will be a panic again specially if it dip even lower.

So let's see who will win, right now it seems to be bearish, but then again, it's hard to see where it will be as we have a lot of weeks in this month and maybe at the end of it, the price is going to bounce back and remain bullish.

Yeah, you balanced things here and eventually, as I write, your disposition is winning. Although no one knows what the market would do 100% in the end, notwithstanding, the bears threatened a great deal in October till today. Regardless, what I see today is convincing a more determined bullish trend, let's see how it goes as we've already spent almost half of October. The bears actually hold the stance more than the bulls this month, but it's the ending price that matters.

Thanks to the US news of CPI that significantly contradicts the position of the FED in the rates cutting, there is no way it will not backfire on the USD.

electronicash

legendary

Activity: 3178

Merit: 1054

its starting to live up to what they call this month Uptober. despite how the economy looks like and people are down and out, we're having an Uptober.

if halving bullrun starts this month and Trump still promotes BTC and crypto, i think he will be winning the election.

uneng

hero member

Activity: 2044

Merit: 784

Leading Crypto Sports Betting & Casino Platform

As we reach half of October, Bitcoin price starts responding positively. It was an important move for Bitcoin, but I think it can still get better by the end of this month and by the end of the year. There is a lot of potential to be explored by the market and the tendency is that it gets more evident from now on.

All we need right now are optimistic news to boost Bitcoin to a new and inedit price range never seen before. Those who have been patient are finally being rewarded for their effort along the crashes and dips we saw this year, despite it being a bullish halving year.

Apocollapse

hero member

Activity: 1148

Merit: 796

Quote from: STT on October 14, 2024, 10:10:09 AM

Right today watch for topping action in the highest prices registered today. Its not certain but part of a sequence of six months showing a trend decline match prices in this area.
If we can beat this trend as the recent lows suggested is possible then I expect far more positive action but first we must observe the strength of BTC price action today and upto the end of this weekly bar closing Sunday.

Nice to see Bitcoin price now back to $66K, just like I said the super cycle history is way more stronger than any FUD, dump or global problem. SEC sold their coins that they confiscated from Silk Road, HBO launched documentary to reveal the true identity of Satoshi, war happened on Palestine.

If Bitcoin can cross $70K, I think that's the time Bitcoin will create new ATH.

STT

legendary

Activity: 4102

Merit: 1454

Right today watch for topping action in the highest prices registered today. Its not certain but part of a sequence of six months showing a trend decline match prices in this area.
If we can beat this trend as the recent lows suggested is possible then I expect far more positive action but first we must observe the strength of BTC price action today and upto the end of this weekly bar closing Sunday.

yudi09

hero member

Activity: 1316

Merit: 787

Rollbit - The #1 Solana Casino

More precisely my answer is bullish for October.
I smiled a little today when I was in the market because the number had reached $65K at the end of the second week. Although the support price is still not strong because it still has the opportunity to change again, this increase could be a sign that October 2024 will be green. If the price of $65K can strengthen as a support price, we will feel the bullish power in the remaining weeks of October.

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: Porfirii on October 13, 2024, 05:35:19 AM

I have said plenty of times before that I feel very optimistic for the third quarter of 2024. It is months that I foresee a new ATH and then a real bull run like we saw in previous cycles. It seems that this time it is taking longer than usual, but the way the bulls have rejected the falling below the 60k support is a good sign to me.

On the other hand, I'm glad to see that over the 80% of people who voted the poll thinks like me. It seems that the sentiment is positive in general, although we may be falling into some kind of confirmation bias because, who wouldn't like to see a surge in price this month here?

I'm still very bullish mate, and yes, we should be optimistic, although it did fall below $60,000, it has bounce back again to $63,000 and it just shows how volatile the market is. Every news, the market reacts and so that will be the trend for now.

However, it might take a little longer to see that parabolic rise as obviously, cycle might change because we did hit a new all time high prior to halving. Just take note though that fees spike again in the last 48 hours, but it didn't deter the market to hit the numbers that we are seeing right now. We have plenty of days for this month, so let's just be positive that everything will be smooth and hoping for a big surge.

Porfirii

legendary

Activity: 1932

Merit: 2354

The Alliance Of Bitcointalk Translators - ENG>SPA

I have said plenty of times before that I feel very optimistic for the third quarter of 2024. It is months that I foresee a new ATH and then a real bull run like we saw in previous cycles. It seems that this time it is taking longer than usual, but the way the bulls have rejected the falling below the 60k support is a good sign to me.

On the other hand, I'm glad to see that over the 80% of people who voted the poll thinks like me. It seems that the sentiment is positive in general, although we may be falling into some kind of confirmation bias because, who wouldn't like to see a surge in price this month here?

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: LUCKMCFLY on October 12, 2024, 11:38:32 AM

Quote from: Kemarit on October 10, 2024, 04:26:07 PM

It's now <$60,000, support line didn't hold and for sure there are already panic in the market again. Nevertheless, we should remain calm, we still have two weeks to turn the tide again, just like the previous month of September. So just stay positive and we are going to work this out and be back on the green candle again.

I agree with what you Say and volatile if it is about BTC , at one point I saw an analysis of a shoulder-head-shoulder configuration , but it seems that configuration no longer applies , things are very different now, I can say that when it comes to making a difference we should only stick to the current rates, the price sometimes goes down because it has to correct , it is something normal , there is no reason to set off the alarms or anything like that, we have to be patient , there Are no big reasons for it to go down, Only the war that may be taking place in the Middle East , even so I see things better.

That's the thing, most of the time, technical indicators are being invalidated very quick, that's why it's really hard to read where the price is going. Three days ago it was $60k, and now despite the news of the war, prices goes up to $63k. Not saying the technical analysis is bad, but at this time, it keeps on changing in 24 hours or less that why it's hard to really on it.

So for now, we are in the middle of the month already, price seems to be going up and hopefully we can break on the big psychological barrier of $65k and then hopefully we can maintain and hold on it till the end of the month. At least with that, we will remain bullish and investors are still willing to pour their money on the market and believed that we can still get to 6 digits for next year.

fuguebtc

hero member

Activity: 1974

Merit: 539

Leading Crypto Sports Betting & Casino Platform

Quote from: Jewan420 on October 12, 2024, 11:55:36 AM

Quote from: fuguebtc on October 12, 2024, 09:57:05 AM

The war in the Middle East has been going on for years and has gotten worse this year as Israel has become more aggressive. But I don't think this war will cause a world war, it's not that serious. Israel's closest ally, the United States would never let that happen because it would directly affect their interests.
Americans love war because it is a way for them to get rich, but if World War 3 happens, it will not benefit them, they understand that better than anyone.
The Bitcoin market has not had any significant breakthrough yet but if you look at the US and Chinese stock markets, everything is growing and continuously reaching new ATHs. That shows they don't care about war, what they care about is the world economy and it's getting better.

I cannot completely agree with you. A war in the Middle East is not to rule out the possibility of WW3. In the beginning this war was between Israel and the Palestinians. The war has already spread to Iran and Lebanon. Israel even attacked UN peacekeepers. If after all this you think there is no chance of World War III surrounding this war, then I hesitate to agree with you.

It is not clear how much the volatile situation in the Middle East has directly affected the Bitcoin market. But indirectly of course Bitcoin is helping the market to be bearish. Unstable conditions in the Middle East lead to higher prices for certain products in the market, which shrinks savings for an investor. When your expenses go up and your salary stays the same, your savings will go down a bit, which will affect your investments as well. Not only international politics affects the Bitcoin price, sometimes the political situation of a country also affects the Bitcoin market. I think once the riots in the Middle East settle down, Bitcoin will bring more relief to the market.

Yes, perhaps we have different thoughts and perspectives on the war in the Middle East. Because for me , whether World War III happens or not is decided by superpowers like the United States and Russia, not by Israel or Iran. Although these two countries were directly involved in the war , they had not yet reached a level of influence sufficient to cause a world war .

As I said, you can check the US and Chinese stock markets , they still show that things are going very well and there is no sign that they are worried about the war in the Middle East . Bitcoin will soon follow the stock market if the Fed continues to lower interest rates and the election goes well. It won't care about that war .

dansus021

copper member

Activity: 2156

Merit: 983

Part of AOBT - English Translator to Indonesia

BTC Sentiment Poll for October I personally vote the bullrun since most of the people like that bitcoin gonna hit the Uptober since this second week of the oktober and we didn't really see uptober we might need more confirmation. Tho historically we might see at least 20%+ in average so yeah I hope with this month a lot here is the image of bitcoin return history by coinglass

Jewan420

full member

Activity: 224

Merit: 128

Patience and hard work are the keys to success.

Quote from: fuguebtc on October 12, 2024, 09:57:05 AM

The war in the Middle East has been going on for years and has gotten worse this year as Israel has become more aggressive. But I don't think this war will cause a world war, it's not that serious. Israel's closest ally, the United States would never let that happen because it would directly affect their interests.
Americans love war because it is a way for them to get rich, but if World War 3 happens, it will not benefit them, they understand that better than anyone.
The Bitcoin market has not had any significant breakthrough yet but if you look at the US and Chinese stock markets, everything is growing and continuously reaching new ATHs. That shows they don't care about war, what they care about is the world economy and it's getting better.

I cannot completely agree with you. A war in the Middle East is not to rule out the possibility of WW3. In the beginning this war was between Israel and the Palestinians. The war has already spread to Iran and Lebanon. Israel even attacked UN peacekeepers. If after all this you think there is no chance of World War III surrounding this war, then I hesitate to agree with you.

It is not clear how much the volatile situation in the Middle East has directly affected the Bitcoin market. But indirectly of course Bitcoin is helping the market to be bearish. Unstable conditions in the Middle East lead to higher prices for certain products in the market, which shrinks savings for an investor. When your expenses go up and your salary stays the same, your savings will go down a bit, which will affect your investments as well. Not only international politics affects the Bitcoin price, sometimes the political situation of a country also affects the Bitcoin market. I think once the riots in the Middle East settle down, Bitcoin will bring more relief to the market.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

Quote from: Kemarit on October 10, 2024, 04:26:07 PM

It's now <$60,000, support line didn't hold and for sure there are already panic in the market again. Nevertheless, we should remain calm, we still have two weeks to turn the tide again, just like the previous month of September. So just stay positive and we are going to work this out and be back on the green candle again.

I agree with what you Say and volatile if it is about BTC , at one point I saw an analysis of a shoulder-head-shoulder configuration , but it seems that configuration no longer applies , things are very different now, I can say that when it comes to making a difference we should only stick to the current rates, the price sometimes goes down because it has to correct , it is something normal , there is no reason to set off the alarms or anything like that, we have to be patient , there Are no big reasons for it to go down, Only the war that may be taking place in the Middle East , even so I see things better.

AprilioMP

sr. member

Activity: 588

Merit: 438

Forum Only For Fun

Quote from: Kemarit on October 10, 2024, 04:26:07 PM

Quote from: AprilioMP on October 10, 2024, 12:52:07 PM

When red candles continue to form like now from the previous green, it is possible that people who still do not understand the market begin to worry about bullish or bearish speculation. There is a reason why charts should not be looked at too often, namely to avoid excessive panic. For people who have been around for a long time and already understand how the market has performed in the past until now, every change in candle color can be an opportunity that is used as a decision on action.

It's now <$60,000, support line didn't hold and for sure there are already panic in the market again. Nevertheless, we should remain calm, we still have two weeks to turn the tide again, just like the previous month of September. So just stay positive and we are going to work this out and be back on the green candle again.

It's only temporary. If on the 10th the price was below $60,000, now it is $63,100. The graph has changed again from red to green. That's why Bitcoin investors prefer the long term because they are more relaxed without panicking when the market situation is uncertain. In fact they only look at the market occasionally to find out. For them, long-term investors will buy regularly and will be happy if the candle is red.

fuguebtc

hero member

Activity: 1974

Merit: 539

Leading Crypto Sports Betting & Casino Platform

Quote from: pawel7777 on October 12, 2024, 05:38:34 AM

I think what's blocking the price from going up right now is the political situation in the Middle East, i.e. Isreal invading Lebanon, which created a scare that this could cause an international global conflict aka WW3.
When (or if) the situation stabilises and deescalates, we might see more confidence in markets, including crypto and maybe will have the long-awaited beginning of the bull run.

The war in the Middle East has been going on for years and has gotten worse this year as Israel has become more aggressive. But I don't think this war will cause a world war, it's not that serious. Israel's closest ally, the United States would never let that happen because it would directly affect their interests.
Americans love war because it is a way for them to get rich, but if World War 3 happens, it will not benefit them, they understand that better than anyone.
The Bitcoin market has not had any significant breakthrough yet but if you look at the US and Chinese stock markets, everything is growing and continuously reaching new ATHs. That shows they don't care about war, what they care about is the world economy and it's getting better.

Quote from: pawel7777 on October 12, 2024, 05:38:34 AM

It's a shame though that Bitcoin fails to decouple itself from equities and is not widely seen as a safe asset for uncertain times like the gold is. Or maybe not? Gold is doing exceptionally good but Bitcoin's return for the last year is far better than gold's.

I have said that bitcoin is just a speculative asset but people do not want to admit that, it cannot yet be compared to gold as a hedge against inflation, a safe haven. But I think that may change in the future as its capitalization increases and its popularity reaches global levels.

pawel7777

legendary

Activity: 2436

Merit: 1561

I think what's blocking the price from going up right now is the political situation in the Middle East, i.e. Isreal invading Lebanon, which created a scare that this could cause an international global conflict aka WW3.
When (or if) the situation stabilises and deescalates, we might see more confidence in markets, including crypto and maybe will have the long-awaited beginning of the bull run.

It's a shame though that Bitcoin fails to decouple itself from equities and is not widely seen as a safe asset for uncertain times like the gold is. Or maybe not? Gold is doing exceptionally good but Bitcoin's return for the last year is far better than gold's.

bitterguy28

full member

Activity: 2170

Merit: 182

“FRX: Ferocious Alpha”

Quote from: Glen Hoddle on October 11, 2024, 03:14:09 AM

The biggest Bitcoin price dump this October touched $59,000. But it did not stop for long, the price increased again and touched about 61 thousand dollars again. But this is a sign of an improvement in Bitcoin growth very quickly, as investors are giving ample opportunity to hold Bitcoin. After a few days, the price of Bitcoin will continue to increase with maximum speed and the maximum target will be $150,000.

lol , you have alkready counted the lowest of Bitcoin price this october when we are not even half of the month? are you serious in this?

again seriously 150k just this October? not sure what do you know about this market or you are just relying in immature predictions?

Bitcoin is showing strength this month but that does not mean we are going to see 6 digits just this month alone.
we are aiming in the December or at least 1st quarter of 2025 .

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Well I am still 'bullish' for this month of October. There is alot of bad things that is happening in the world. And Bitcoin still has not dumped.
I do think we can have a 'bull market' with such bad things happening. I did get scared we were going to see a big dump and lose all our gains.
But it did not happen. I do think we seen the lowest Bitcoin will drop to in this month. I was scared when price did fall under 60k.

YUriy1991

sr. member

Activity: 882

Merit: 215

#SWGT CERTIK Audited

Quote from: CageMabok on October 11, 2024, 09:46:47 AM

The target you said still looks too big for this year because in general the Bitcoin price drop to $59K this month is also not too deep if we compare it to previous months. So the expected increase target must also be said more reasonably than saying directly at a level of that size with a measure twice as large as the current Bitcoin price.

In terms of the pattern of decline, it is also almost similar every time if we look at it before BTC goes up higher, it does feel boring if someone comes to the market to trade and he has to keep monitoring the price if he doesn't miss the price information.

Quote from: CageMabok on October 11, 2024, 09:46:47 AM

Actually, I am also still quite optimistic about the condition of Bitcoin and also the market conditions that will run this month, but some people will still wait for further increases in order to see what price level Bitcoin can be at this month.

For the potential increase in the price of BTC, I think it's the same, many are still quite optimistic in October that BTC will show a fairly good price change even though there are quite a number of events that have slowed down the price of BTC in the near future.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: CageMabok on October 11, 2024, 09:46:47 AM

Quote from: Glen Hoddle on October 11, 2024, 03:14:09 AM

The biggest Bitcoin price dump this October touched $59,000. But it did not stop for long, the price increased again and touched about 61 thousand dollars again. But this is a sign of an improvement in Bitcoin growth very quickly, as investors are giving ample opportunity to hold Bitcoin. After a few days, the price of Bitcoin will continue to increase with maximum speed and the maximum target will be $150,000.

The target you said still looks too big for this year because in general the Bitcoin price drop to $59K this month is also not too deep if we compare it to previous months. So the expected increase target must also be said more reasonably than saying directly at a level of that size with a measure twice as large as the current Bitcoin price. Actually, I am also still quite optimistic about the condition of Bitcoin and also the market conditions that will run this month, but some people will still wait for further increases in order to see what price level Bitcoin can be at this month.

Definitely way too much for this year. I am sure 150k will eventually happen, may even happen during 2025 bull run, but we are not going to see 150k within 2024, looks too big to achieve. We should be breaking over the all time high this year and this would be my ideal goal. If we reach for example 75k then I am fine with 2024 and would be more than enough.

This I believe will be the number we are going to go, maybe a maximum of 80k could happen too but that's about all we can hope for. After we reach those levels, we are going to get to new year, a bit of small drop first on January but then we are going to keep rising more and more and more until we reach the peak and after we reach the peak the bear run will start.

Topic: BTC Sentiment Poll for October - page 2. (Read 1119 times)