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Topic: BTC Sentiment Poll for September - page 2. (Read 1465 times)

legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
September 22, 2024, 08:53:12 PM

Could be in the next month bitcoin will be more bullish? We know next month has a lot to look forward to because as far as always recorded this is an up month for BTC although I don't know what happens later... Hoping bitcoin stays bullish.

So far the pace that bitcoin is taking is very positive and I like that, with luck I can see that it can hold up this month, but by November I think there will be a lot of uncertainty, I don't know, but since the US elections are here it can greatly affect the market, of course it is not decisive, but it becomes a good fundamental to determine whether the price will continue to rise or fall abruptly, it is not necessary to say who it will go down and for whom it can go up, I think the important thing is to take advantage of the market opportunities, if the price goes down, the ideal thing is to buy a lot of btc, as much as you can.
sr. member
Activity: 294
Merit: 433
HODL - BTC
September 19, 2024, 08:40:11 AM
Still a long way to go till the end of the month, but looks like market regains optimism.
At the current price of $62,550, we are 6% up from the beginning of the month. And although Septembers historically tend to be "red" months, we had a "green" September last year (+4%) so nothing stopping Sep this year to do the same.
For history now in September it seems like the opposite direction where green is more vibrant than red... This increase cannot be stopped even though I know there are still a few more weeks to see the movement, it's just that I am optimistic that the price can stay above $60K if you see the current market sentiment.

Could be in the next month bitcoin will be more bullish? We know next month has a lot to look forward to because as far as always recorded this is an up month for BTC although I don't know what happens later... Hoping bitcoin stays bullish.
legendary
Activity: 2436
Merit: 1561
September 19, 2024, 07:52:08 AM
Still a long way to go till the end of the month, but looks like market regains optimism.
At the current price of $62,550, we are 6% up from the beginning of the month. And although Septembers historically tend to be "red" months, we had a "green" September last year (+4%) so nothing stopping Sep this year to do the same.

Some fear that the recent 0.5% interest rate cut by Fed (instead of the expected 0.25%) is a bad sign and indicates that the economy is not doing very well since it needed that much of a boost. And since Bitcoin's price is still correlated to stocks, it could mean that we are up for a downtrend later this year.
sr. member
Activity: 336
Merit: 317
September 19, 2024, 07:08:09 AM
Nevertheless, we should be very careful and wary of the price movement, we don't know, it could be just another bull trap or a false break out. One thing though that I notice is that we will see the US presidential debate, so we will see who wins and it could affect the price, as we have a pro crypto supporter in Trump.
Personal political views apart, Trump winning the elections in USA can be significantly positive for Bitcoin on short run as a strong boost to raise BTC to a new ATH, considering we are also heading into the final months of a halving year, which historically are very optimistic for Bitcoin. Part of the pessimism around Bitcoin these days are also due to the uncertainity regards US presidential elections this year.

Anyway, fingers crossed that Bitcoin is going to surpass the 60,000$ barrier once again pretty soon!

This is a positive point for Bitcoin for Donald Trump to win the election, which is why the price of Bitcoin touched $56,000 to $60,000. However, the price of Bitcoin is likely to touch $70,000 this September, as investors are showing interest in more Bitcoins this September. Because there is a high probability that the price of Bitcoin will move towards a bull market from September, because the biggest bull market is in 2025, so I am standing in the near term.


Donald Trump's victory in the US election may have a positive effect on the Bitcoin market. We saw on September 18 that former US President Donald Trump paid in Bitcoin after purchasing Dozens of burger at a bar in New York. The Republican candidate paid for the burgers using an app called Strike, which was originally built on the Lightning Network. Maybe this is also the reason why the price of Bitcoin has bullish in recent times.

According to today's market cap Bitcoin price has already reached above $62,000, but we are still not sure if it will touch $70,000 in September. We saw in the market a few days ago that after the price of Bitcoin touched 61 thousand dollars, it went down again to 57 thousand dollars, in fact, the Bitcoin market creates anxiety in us every moment.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
September 19, 2024, 06:54:23 AM
like what the majority votes did? i also voted for 49-65k value as we have been seeing this hard movement for bitcoin in the last 2 quarter .
what I was waiting is in October as we are counting the last quarter of the  year and this is the most exciting moment.
I think there is a quarter where we reach a new ATH and the rest is like you said, we experience a stability as usual. It is only a bit hilarious since BTC is known to be a highly volatile crypto Cheesy. If it's been too long that we have stayed on this range, then I think we must think of a change now. Like you, a lot of people are also waiting for the last quarter and the month of October is the start of it. Anyways, September still has a 'ber' on its name, hence this is why it is called as a ber month Grin. It is just that it only belongs in the 3rd quarter.

I still expect something better to happen on this month. You mentioned 'most exciting moment' there on your last sentence but I think that wasn't really October but it was December, not only in terms of crypto pumps but also in general.

I speculate that this might also depend on the presidential election in America. I reckon if the victory will go to the Donald Trump, we might witness a pump to another all time high, however, if the winner is Kamala Harris, it might be similar to what we are presently witnessing. There are rumors that grandma Warren and uncle Gary will be included in Kamala's cabinet. This will certainly not be good for the cryptospace.
At first sight, they don't have any relation but if we pause and think, we will realized that there are candidates who are now into BTC and I heard that they even mentioned it on their debates. So you are right there that this can also depend on it. I don't know if what is the stance of Harris in BTC or on cryptos but if she is against with it, then her winning the election will also have a negative effect on the said currencies. The price now is what I can say still in good condition but if Harris wins, I'm afraid that they will dumped a lot.
hero member
Activity: 2870
Merit: 594
September 19, 2024, 06:22:36 AM
I'm a bit optimistic about the price and that we may see it going higher than it is currently at $57,885.67. September is usually shaky for it's price but we'd agree that what we've been seeing in previous years is way different in a positive way in terms of price movement this year so it's just best to wait and watch.
 I expect price to hit the $60 something range this month and remain there.

This is something I also think will happen to the market by end of this month. We are more than halfway into September and the market have hit and traded above the $60 mark more than one times already. If the market continue to hit that resistance there, it may possibly break it out and when it does, by the end of the month, bitcoin could be trading above or within the range of $65K. September is usually shaky and not a good month for bitcoin, but that does not necessarily mean this time around it’ll still trade on that same path and won’t make it to a better price by the end of the month.
We've hit $62,500 already and it's because of the news that the FED announced the cutting of rates to 0.50. So everyone is very happy about it and it's been like years before we have heard about this huge cutting rates by the FED, and if I'm not mistaken, it before the pandemic. Anyhow, I have been anticipating this since last night, that finally we will see this news coming from them and I was right all along. So let's see, the voters in this poll see a sideway patterns up to $65k, so who knows, maybe at the end of the month we will also reach that one or even higher at $68k. And this positive news could bring the momentum that we all have been waiting right after the halving. So in the last 3 months might culminate into a new ATH at the end of the year.
sr. member
Activity: 686
Merit: 301
September 18, 2024, 07:45:43 PM
I'm a bit optimistic about the price and that we may see it going higher than it is currently at $57,885.67. September is usually shaky for it's price but we'd agree that what we've been seeing in previous years is way different in a positive way in terms of price movement this year so it's just best to wait and watch.
 I expect price to hit the $60 something range this month and remain there.

This is something I also think will happen to the market by end of this month. We are more than halfway into September and the market have hit and traded above the $60 mark more than one times already. If the market continue to hit that resistance there, it may possibly break it out and when it does, by the end of the month, bitcoin could be trading above or within the range of $65K. September is usually shaky and not a good month for bitcoin, but that does not necessarily mean this time around it’ll still trade on that same path and won’t make it to a better price by the end of the month.
legendary
Activity: 3080
Merit: 1353
September 18, 2024, 04:10:54 PM


All funny side aside, I still think that we could reach 65k+ range, while I know it doesn't look likely with the fall we just saw, thankfully that fall happened early in the month, and because of that I think we still have a chance for a recovery to happen within September itself and we could see a higher price.

We are more than halfway through September and bitcoin has been through some rough patches, and I think the rest of the month will be entirely dependent on the Fed's upcoming rate cut decision. If the Fed cuts by 0.25 basis points and continues to maintain a dovish stance, the target above $65k is quite achievable this month. But if Powell continues to maintain a hawkish stance after cutting rates, I think the market will react negatively in the short term.

With just a few hours to go until the Fed announces its decision to cut interest rates, let's wait and see how bitcoin reacts to the news. I predict Bitcoin price will drop as soon as the news is released and will start rising again a few days later.

And it depends on the size of the Fed cuts as well, it could be 0.25-0.50. And everyone is anticipating that there will be a Fed cut for this month. And if that happens, I believed that $65,000 at the end of the month is very doable.

And yes, the decision will shape the path of financial markets, specially short to medium terms.

So let's wait and see what the decision will be, and if it favors us, then the next resistance will be $62,000 before hitting $65,000 at the end of this month.
hero member
Activity: 1414
Merit: 542
September 18, 2024, 03:54:52 PM


All funny side aside, I still think that we could reach 65k+ range, while I know it doesn't look likely with the fall we just saw, thankfully that fall happened early in the month, and because of that I think we still have a chance for a recovery to happen within September itself and we could see a higher price.

We are more than halfway through September and bitcoin has been through some rough patches, and I think the rest of the month will be entirely dependent on the Fed's upcoming rate cut decision. If the Fed cuts by 0.25 basis points and continues to maintain a dovish stance, the target above $65k is quite achievable this month. But if Powell continues to maintain a hawkish stance after cutting rates, I think the market will react negatively in the short term.

With just a few hours to go until the Fed announces its decision to cut interest rates, let's wait and see how bitcoin reacts to the news. I predict Bitcoin price will drop as soon as the news is released and will start rising again a few days later.

When is the next report though as far as the Fed cuts goes?

I also do agree that this news could be very positive not just for crypto but for all financial markets in general. I do understand that others might not believed about this news not affecting the market, but for me, anything positive or negative coming from the US will have some impact on us. So let's see how the reports will be, so far the price is back to $60k'ish and hopefully we can stay at that price this month and if everything goes well, we might see $65k.
legendary
Activity: 2380
Merit: 1019
Be A Digital Miner
September 18, 2024, 09:16:05 AM


All funny side aside, I still think that we could reach 65k+ range, while I know it doesn't look likely with the fall we just saw, thankfully that fall happened early in the month, and because of that I think we still have a chance for a recovery to happen within September itself and we could see a higher price.

We are more than halfway through September and bitcoin has been through some rough patches, and I think the rest of the month will be entirely dependent on the Fed's upcoming rate cut decision. If the Fed cuts by 0.25 basis points and continues to maintain a dovish stance, the target above $65k is quite achievable this month. But if Powell continues to maintain a hawkish stance after cutting rates, I think the market will react negatively in the short term.

With just a few hours to go until the Fed announces its decision to cut interest rates, let's wait and see how bitcoin reacts to the news. I predict Bitcoin price will drop as soon as the news is released and will start rising again a few days later.
legendary
Activity: 3080
Merit: 1353
September 18, 2024, 08:22:51 AM
Lol, I laughed at the range between 49k and 65k, isn't that like a little bit too much? Cheesy It's clear that we are not seeing something huge there, but the reality is that it's a huge gap between those two prices, being between those two would be quite normal, if we could cut it to 5k chunks between 50k to 65k, then results would have been clearer to see what people think, now this way we put the person who says 50k and person who says 64k all on the same vote.

All funny side aside, I still think that we could reach 65k+ range, while I know it doesn't look likely with the fall we just saw, thankfully that fall happened early in the month, and because of that I think we still have a chance for a recovery to happen within September itself and we could see a higher price.

Well I guess the OP might have a idea on what ranges it could have been this September, and if you clearly look at it, we barely touches $49,000, but we have a hard time reclaiming back $60,000 and then maintain at that level to reach $65,000.

But as we have seen throughout Bitcoin's history, it might take 2-3x attempt to break a round number. But once we break that number, we can surely surpassed it like cutting with a sharp object. So let's see this week, I do hope that can break that mental barrier again of $60,000, and who knows, this could be the last attempt and then we will see $62,000-$65,000 at the end of the month. We still have a lot of time to do that.
legendary
Activity: 3010
Merit: 1460
September 17, 2024, 10:57:12 PM
#99
Heheehe, it appears that presently there is a fear on the market which should cause us to become contrarians. Do no listen to these influencers or these larpers who want to be something similar to influencers hehe.

The contrarian in me has voted trend up above $65k. On the week before CZ's release from prison, this will be the beginning of a pump! Also, bitcoin has been inside a bull flag! This will will certainly pump if this bull flag is not broken.
At least the bleeding has top for now, Bitcoin is above $55k and I think it's good to see that we are in the support like and we all know that it can hold as long as it can. And then we could go and test at least $56k for this week, it's a price level that I think we can achieved in the next 24-48 hours at least.

We need to reclaim that level, to be able to bit a pronounce bull flag. And it might coincide with the news about CZ or whatever positive news that we can here to bring more investors again and maybe the sentiments in September will be totally different.

I reckon that you would certainly agree that bitcoin has very much reclaimed this after what we have witnessed after my post heheheh.

This is another good news for everyone who are predicting that bitcoin will not pump higher than $65,000 before the last day of September.


Rate cuts will likely benefit Bitcoin for a few different reasons. The first: Bitcoin is particularly sensitive to new money flooding the financial system.

“Bitcoin’s price has shown a strong positive correlation with global liquidity since its inception,” Brian Rudick, director of research at crypto trading firm GSR, told DL News.

There’s also the fact that Bitcoin’s hard cap on supply makes it a digital equivalent to gold in the eyes of many investors.


Read in full https://www.dlnews.com/articles/markets/how-bitcoin-ethereum-solana-will-react-to-the-fed-cut/
full member
Activity: 784
Merit: 108
September 17, 2024, 02:18:21 PM
#98
in the past bitcoin would fall into a strong bullish support state after the halving about 150 days, so late September or October is what i can expect, if bitcoin starts a bullish phase like the past cycles then i believe we are in for some positive days and momentum.
sr. member
Activity: 1386
Merit: 451
September 17, 2024, 02:16:06 PM
#97
Bitcoin price in August I thought the market will go up from here but August is all in dumping but I thought the market will go up in September but otherwise September is going through dumping more than August.  If the month of September goes through dumping then the market is expected to pick up from the month of October.  The end of September is not long, but by then the price of Bitcoin may rise to a maximum of 65,000.
sr. member
Activity: 1568
Merit: 283
September 17, 2024, 12:10:31 PM
#96
Lol, I laughed at the range between 49k and 65k, isn't that like a little bit too much? Cheesy It's clear that we are not seeing something huge there, but the reality is that it's a huge gap between those two prices, being between those two would be quite normal, if we could cut it to 5k chunks between 50k to 65k, then results would have been clearer to see what people think, now this way we put the person who says 50k and person who says 64k all on the same vote.

All funny side aside, I still think that we could reach 65k+ range, while I know it doesn't look likely with the fall we just saw, thankfully that fall happened early in the month, and because of that I think we still have a chance for a recovery to happen within September itself and we could see a higher price.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 16, 2024, 02:25:50 PM
#95
like what the majority votes did? i also voted for 49-65k value as we have been seeing this hard movement for bitcoin in the last 2 quarter .
what I was waiting is in October as we are counting the last quarter of the  year and this is the most exciting moment.
I speculate that this might also depend on the presidential election in America. I reckon if the victory will go to the Donald Trump, we might witness a pump to another all time high, however, if the winner is Kamala Harris, it might be similar to what we are presently witnessing. There are rumors that grandma Warren and uncle Gary will be included in Kamala's cabinet. This will certainly not be good for the cryptospace.
We should consider this quite true, this is what I am waiting on as well, I think we should be considering this to eb changing and we should be considering that if we can see this election to end and then we could do something good. I believe that halving bull run will happen again, it will be a bit while after the halving as we know, usually takes about a year and that means after November which is why I think we should be considering this getting but at the end of the day when this election is over the increase will end up getting higher so I think we should be getting something better.

I believe that after the election everyone will feel better and investments will continue. Right now, we are seeing this changing the situation a lot more and that has to be something very important, most companies are waiting right now and that is why I think it's important and that is why I think we should be considering and that is why it's important since they will all join after elections.
STT
legendary
Activity: 4046
Merit: 1447
Catalog Websites
September 16, 2024, 12:18:05 PM
#94
Quote
This is a positive point for Bitcoin for Donald Trump to win the election, which is why the price of Bitcoin touched $56,000 to $60,000.

Trump or Harris might be important in FIAT and conventional finance but I dont see they are pivotal to BTC.    Influence of some sort but not the real reason, the biggest reason for BTC price to genuine grow is the simple amount of users.   The speculators drive up and down the price but I only describe that as volatility, overall politics isnt what I think drives BTC.


BTC ended the week well enough but its failed to rise above the 50 day average, right now we are just about positive for the last 8 days but to keep calling BTC positive requires more positive action.   This whole month is a struggle and further on to, it'll be a while till we can be sure of calling BTC in a growth area.
sr. member
Activity: 1106
Merit: 391
September 16, 2024, 10:32:57 AM
#93
I agree with the majority who say that Bitcoin is still range bound between 49k - 65k, because until now there has been no positive news that can push Bitcoin past its resistance point, there is only negative sentiment and some news that cannot be considered as a factor that can push the price of Bitcoin. Maybe it will stay like that or even decrease further until early October, that's according to my prediction and it could be wrong, but I'm pretty sure about that.
legendary
Activity: 3472
Merit: 10611
September 16, 2024, 10:18:10 AM
#92
I reckon if the victory will go to the Donald Trump, we might witness a pump to another all time high,
There would be a good chance for a pump but that would be exactly that, a pump. It will not be able to get us to an all time high because for that we first need the economic crisis to end, specifically for the recession to end. Which is not going to happen as long as interest rates in half the world are high while inflation also remains high and energy prices don't seem to want to come down.
legendary
Activity: 3010
Merit: 1460
September 15, 2024, 10:55:53 PM
#91
like what the majority votes did? i also voted for 49-65k value as we have been seeing this hard movement for bitcoin in the last 2 quarter .
what I was waiting is in October as we are counting the last quarter of the  year and this is the most exciting moment.

I speculate that this might also depend on the presidential election in America. I reckon if the victory will go to the Donald Trump, we might witness a pump to another all time high, however, if the winner is Kamala Harris, it might be similar to what we are presently witnessing. There are rumors that grandma Warren and uncle Gary will be included in Kamala's cabinet. This will certainly not be good for the cryptospace.
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