I voted 15k based on the month opening and here Iam today 12 days in not even half way and appearing quite wrong because we have reversed most of the losses seen in the sharp drop off of last August. 22.5k is about the gap window for that event and 23k and holding higher will confirm a gap close meaning we regained all of the losses without any special exploration or explanation why it should sell so sharply.
Overall markets continue to be positive with a weaker Dollar index today, perhaps its all about the Ukraine advances and we are that simple for now. Usually any movement requires confirmation for completion in that lower or higher price. For now we gone around the block and we'll have to see if it can hold the gains, we did avoid the June low though which adds to positive take overall.
Topic: BTC Sentiment Poll for September - page 4. (Read 870 times)
I know crypto is volatile but we do not have to expect a volatile result at all times. Sometimes we can be volatile and sometimes we could be normal without a trouble. Maybe it will go from 22k to 40k, or maybe it will end the month at 23k, these are all possible things. Which is why I honestly expect the month to be wild, not going to know what exactly happened and that is why I believe that we shouldn't be really making a calculation based on what we imagine, that would not result with anything good. Just calculate how much that we possibly could lose or earn, and make a prediction based on that by taking less risk for bigger reward if you can.
In my opinion, since the first week of September bitcoin is still in the $20k-$19k price range, but in the last few days, the price of bitcoin has started to increase where bitcoin is currently trading at $22k. Therefore I see the current bull run to continue this month until the bitcoin price reaches above $25k again.
Your expectation is not far from a lay man speculation on the price of bitcoin as the price today was a little on the upside and it is normal to expect that the price will keep climbing to maybe $23k or $25k for a short bull stop before another move is taken. Price is currently at $22,343 by this closing day, maybe by tomorrow we may see the continued volatility like today showing to push price more within the range of $23k.
In my opinion, since the first week of September bitcoin is still in the $20k-$19k price range, but in the last few days, the price of bitcoin has started to increase where bitcoin is currently trading at $22k. Therefore I see the current bull run to continue this month until the bitcoin price reaches above $25k again.
I voted $25,000. Bitcoin will SURGE. It's SURGE-SEPTEMBER my dear fellow plebs!
I believe it might take more time before we can purchase Bitcoin below $20,000 again. This month, Bitcoin will probably have one of its best positive months for the current bear market cycle. Those people who sold just gave their precious Bitcoin away to the whalecumulators and the billionaires. Hahaha. Or, if they bought back after they sold upon learning their mistake, they are holding less Bitcoin.
Judging on Btc price action since the huge dip, it looks like Btc did not hit $25k nor drop below $15k after that.
So, I have not seen any relevant new that would potentially create a Bitcoin run. I believe we still continue to see Btc price going back and forth around $21k - $17k or 18k. Just like what we usually see these days.
On the brighter side even if Btc falls $15k or below, that will be a huge opportunity for everyone to accumulate though.
So, I have not seen any relevant new that would potentially create a Bitcoin run. I believe we still continue to see Btc price going back and forth around $21k - $17k or 18k. Just like what we usually see these days.
On the brighter side even if Btc falls $15k or below, that will be a huge opportunity for everyone to accumulate though.
I believe it might take more time before we can purchase Bitcoin below $20,000 again. This month, Bitcoin will probably have one of its best positive months for the current bear market cycle. Those people who sold just gave their precious Bitcoin away to the whalecumulators and the billionaires. Hahaha. Or, if they bought back after they sold upon learning their mistake, they are holding less Bitcoin.
Judging on Btc price action since the huge dip, it looks like Btc did not hit $25k nor drop below $15k after that.
So, I have not seen any relevant new that would potentially create a Bitcoin run. I believe we still continue to see Btc price going back and forth around $21k - $17k or 18k. Just like what we usually see these days.
On the brighter side even if Btc falls $15k or below, that will be a huge opportunity for everyone to accumulate though.
So, I have not seen any relevant new that would potentially create a Bitcoin run. I believe we still continue to see Btc price going back and forth around $21k - $17k or 18k. Just like what we usually see these days.
On the brighter side even if Btc falls $15k or below, that will be a huge opportunity for everyone to accumulate though.
It's a shame that people started to think that 15k would be closer due to a few bad days, we could have a few good days and not only be close to 25k but could even reach there. People are way too non-supportive of bitcoin and its price increases, we shouldn't consider it being like a bear market forever type of deal, we are not crashing and burning, it is just a bad day and it will be over quickly.
I guess people vote on what is the current sentiment are. We also have good days last August, the price move to $25,000 and if I'm not mistaken 2x-3x. But it was not maintain and then it went to a lows of $18,000 because of pressure from the bears.
So most likely they voted based on that run. And who knows, maybe we will reach $25,000 again and goes on another rally to $28k. But so far, we even had a hard time to breach $20,000. So that is the first barrier that we have to go through this month.
I'm more on the stance that we'd end up at around $22,23k levels. We had a pretty good half month last month, ended up going down at the end though so I don't exactly expect the market to have any big moves, a neutral increase to above $20k would be at most what I would go for. I don't think we'd end up going down to $15k though, hopefully. The past week has had its dip but the market pretty much went back up to where it was before the said dip.
October usually the start of Bull market even on previous years. It’s logical that Bitcoin price should plummet first before it will gain a strong momentum for bullish movement. Technical Analysis suggest that we might see another low which is lower than 17,500 or 15,000. This is necessary to have a strong foundation and shake off all the pleb traders that gaining on small movement of the market. Having a dump near 10,000$ is a strong foundation for a longer bullish cycle rather than having a short price pump too often.
Looks like most people are having a sentiment that Bitcoin will go down to $15,000.
I'm at the opposite side or at least I'm one of the few people here that believes that Bitcoin will not reach $15,000 regardless of what is happening right now.
The start of September is bad because it went down below $20,000 and has been there for days already but nevertheless, for some reasons I don't believe that Bitcoin will reach the $15,000 level but at the same time, I don't also believe that it will reach the $25,000 price range as well. Near $20,000 might be the best option because I believe that Bitcoin will go above $20,000 by the end of the year and it can happen realistically
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Well, it's understandable that people are very bearish as of this moment because we are in a bear market but at the end of the day, we are all speculating
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I'm at the opposite side or at least I'm one of the few people here that believes that Bitcoin will not reach $15,000 regardless of what is happening right now.
The start of September is bad because it went down below $20,000 and has been there for days already but nevertheless, for some reasons I don't believe that Bitcoin will reach the $15,000 level but at the same time, I don't also believe that it will reach the $25,000 price range as well. Near $20,000 might be the best option because I believe that Bitcoin will go above $20,000 by the end of the year and it can happen realistically
.Well, it's understandable that people are very bearish as of this moment because we are in a bear market but at the end of the day, we are all speculating
. 
It's a shame that people started to think that 15k would be closer due to a few bad days, we could have a few good days and not only be close to 25k but could even reach there. People are way too non-supportive of bitcoin and its price increases, we shouldn't consider it being like a bear market forever type of deal, we are not crashing and burning, it is just a bad day and it will be over quickly.
I still have hopes that by the end of the month we are going to be closer to 25k than we are closer to 15k, that is not changing. I know we have waited for nearly a full year since the last ATH, but wait a little longer and we are going to start seeing a huge bull run very soon, like 40k+ levels of bull run.
I still have hopes that by the end of the month we are going to be closer to 25k than we are closer to 15k, that is not changing. I know we have waited for nearly a full year since the last ATH, but wait a little longer and we are going to start seeing a huge bull run very soon, like 40k+ levels of bull run.
September is always been a good month for BTC. But this could be the first time that it may stumble and disappoint the month.
Not sure about it though, in a bear cycle year, September seems to be negative just like any other months. So I won't be surprised if this is still a disappointment for us.
Yup there is just too much going on like protest everywhere and Putin shut the Nordstream completely. Feels like time is ticking and something worse will come.
Of course, the war has brought negativity around the world so expect the worst is going to come. The US economy s also not doing good, and then the effect on EU.
So we might see another leg down for this month, not necessarily be another lower lows.
My vote is for $25,000. I love being optimistic about the market when the Ber months come. Sure, we are in a bad economy and inflations happening in different countries, but I still think people find ways at where they would like to invest their Christmas bonus instead of going to waste with spending it for unnecessary things.
If it's not September, then it must be in October. I wish.
If it's not September, then it must be in October. I wish.
September is always been a good month for BTC. But this could be the first time that it may stumble and disappoint the month.
Yup there is just too much going on like protest everywhere and Putin shut the Nordstream completely. Feels like time is ticking and something worse will come.
~snip~
Too much stuff going on everywhere with most countries on the brink of a recession. Hopefully it all turns around by the end of the year.
Too much stuff going on everywhere with most countries on the brink of a recession. Hopefully it all turns around by the end of the year.
It is not bad to be optimistic, but the reality is something completely different, although different people from different countries always have different opinions and views on what is happening around us. It is difficult to expect that inflation will stop, especially by the end of the year, and that something more significant will change during the next year. The world is in a big problem, and I am afraid that it will take years to recover, and that if there is a real desire to do so.
The best thing we can do is not to expect too much, because then you will not be disappointed with what will happen. If Bitcoin maintains its current value or increases it by 15-20% by the end of the year, I consider it a success all things considered.
^ Yup.. I was expecting a bit more of a bearish sentiment after a bad ending of what would've been a good month. The first half of August was good at least but staying up above was just not meant to be right now. Too much stuff going on everywhere with most countries on the brink of a recession. Hopefully it all turns around by the end of the year.
... Oh and guys. Whatever you do, don't look at BTC's rainbow chart. You won't like it. :/
... Oh and guys. Whatever you do, don't look at BTC's rainbow chart. You won't like it. :/
At least it's good to see the current neutral to bearish sentiment here. July most were bearish, and price rallied. August most were bullish (myself included I admit) and price dumped. Now the neutrality is suggesting further consolidation around $20K to $22K accumulation/distribution zone (at least in my mind). But of course the sample size is way too small to give this theory much validity, but just my opinion.
Traditionally September has been the worst month for cryptocurrencies, but since almost all months are the worst for bitcoin this year. I'll bet that September will be no better. Although I voted that the price will be around 25k, I feel more like we could see a new bottom, especially after today's moves. It seems to me that this momentum has just begun to emerge and soon the price will test the last bottom.
indeed , if we will going back years? sepcially after halving? September seems to be the worst month considering that this is the closest to the last quarter that mostly bringing good condition to the market.lets hope that it wont be bringing more bad this whole month as many of us are seeking for entering or getting out.
Dollar index makes new highs doesnt help the case for higher BTC but I mostly think the longs got tired in BTC so we flaked out and went lower when it could have gone either way in theory. Now we're lower many will assume the bias is to the downside, such as the 15k target from OP I dont expect this in one month, however unless we recover our former price action and stay above weekly average then we do appear to have fallen through the ice and gravity leads us down. Increase confidence as to direction is finding resistance in any attempted price recovery.
From 20,000$ to 18,000$ in an hour. Sharp drop in btc price looks pretty bad. It's the perfect scenario to spread panic among investors, even among the experienced ones. Without controlling emotions it's easy to think crypto market is over and to develop a depressive behavior at this moment. For many people it's advisable to leave crypto market for a while until things start improving again, otherwise they are going to suffer in a daily basis with such fluctuations in bitcoin's price. Now I'm feeling the athmosphere of 2017-2018 bearish market.
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