BTC Sentiment Poll for September - page 3.

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Quote from: bitterguy28 on September 15, 2024, 07:15:46 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 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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Quote from: bangjoe on September 08, 2024, 03:57:12 PM

Two people who are quite optimistic, interesting.
I also think that indeed the market in September is not friendly to bitcoin, it's like a curse for bitcoin in September which is sad.

The price at the $50k level is indeed a very crucial price to see bitcoin going forward, but I think we will try it again in the near future, and we will see whether it will fall deeper or not until it drops to the $44-$48k level, but I don't think that will happen if institutions accumulate bitcoin again, as previously Blackrock did, they collected bitcoin when everyone was in a state of panic in August.

The best thing about it is that the outlook can change from one moment to the next and that can be a fact when we are looking for ways to do things much Better , for example some who buy with the DCA method can give them long-term results , but what happens if this month the Price reaches or shoots up to almost its last ATH ? That can happen , of course one thinks that things can be very good when everyone thinks that bitcoin will go down , but something that the market has taught me is that the masses are always wrong and the market makes the opposite Movement.

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Quote from: bitterguy28 on September 15, 2024, 07:15:46 AM

what I was waiting is in October as we are counting the last quarter of the year and this is the most exciting moment.

Well, I think you're right, October is the month where we may see some good green candles. I'm not sure about other months but surely the month of October to December have been good months for the market and if history repeats itself then in those months we may see more bullish candles then we have seen in past few months. I even think that Bitcoin may form a new ATH in those 3 months.

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Quote from: Popkon6 on September 14, 2024, 10:34:15 PM

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.

What news and data do you rely on to confirm that investors are more interested in bitcoin this September? Because I don't see any positive news in the first half of September like you said. The most important news for the market this month is the news about the Fed cutting interest rates, the market is interested in whether they will cut 0.25 or 0.5 for this interest rate cut and I believe this will have a more or less positive impact on the market. But if I say this news will help the market enter a bull run, I don't think so, for bitcoin to reach $70kthis month, we need more catalysts than just a rate cut.

Most people are pretty pessimistic about the market, you are the only one who is optimistic and that is commendable but we also need to be realistic.

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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.

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Quote from: ivankoh on September 15, 2024, 12:52:28 AM

Although there are not many big positive points, just part of the signal from the Trump regime announced, it can be positive in the short term. that is what I predict this September and bitcoin price will be around 65k$, there are not many signs of strong net inflow back into the market. And do not forget that this is the right fit of the bitcoin bull cycle i guess

Hopefully, the price can still have the power to lift to the high price. But if the price lost the support, we will see another correction that will coming. And if the price is down again, that will still a mystery how low the price can be while we don't have to worry or panic because that will be a good time to buy back Bitcoin. I am still figure out if the price will be around k in this month or we will see another dump but looking at the market now maybe we will see the next correction. Hopefully, that is just my prediction and will be wrong. But we still need to be careful with anything that can happen later.

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Quote from: uneng on September 10, 2024, 03:35:19 PM

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

It was never a doubt that Bitcoin was going to surpass $60,000 because Bitcoin always bounce back after correction and it just did after falling to $49,000 first week of August. It is a good sign that the market is trying to recover back to above $60,000 so early in September. Looking at the market and the way the price of Bitcoin is moving, it is safe to say we should not be falling below $50,000 again therefore a target of above $60,000 and close to $70,000 should be the next target for Bitcoin. Now that the price is above $60,000 we should not be too happy because the price can retest below $60,000 again though I am very optimistic about this month that Bitcoin is going to do very well. I have already bought some Bitcoin last month and I will be hodling untill the bull market gets to its highest price in 2025.

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Although there are not many big positive points, just part of the signal from the Trump regime announced, it can be positive in the short term. that is what I predict this September and bitcoin price will be around 65k$, there are not many signs of strong net inflow back into the market. And do not forget that this is the right fit of the bitcoin bull cycle i guess

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Quote from: uneng on September 10, 2024, 03:35:19 PM

Quote from: Kemarit on September 10, 2024, 06:13:10 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.

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Quote from: jaberwock on September 14, 2024, 03:56:22 PM

Quote from: tabas on September 13, 2024, 01:24:42 AM

IMHO, it's going well. Give it time until next year, we still have the entire end of this year and as well as 2025 for everything to see the peak of it. Bitcoin can reach $70k within less than 24 hours based on what we've seen and its movement. But I'd agree to you that it should have been $70k already by this time but that's okay. The peak has been seen too early but that's not the end of it, there's still enough time for it to reach such peaks.

If we could end up waiting a bit more I am sure that we are going to do fine. I know that we are going to do go up, we just need to wait a bit more and holding during these volatile times is not easy I agree with that but we should be considering this as something that could profit.

The reality is that we can't consider this as big deal, we can't sell right now just because it's volatile, it is not a big deal at all. We need to consider that in the future the price will go up because cycle works that way. So it can't really make much increase or change all that easily, so we just need to keep holding. I believe that soon we will start going up, it may take just one or two more months but as soon as that happens we should be considering it changing and start giving us profit.

Right now we are just waiting for the Fed's decision with the interest rate cut, that will be the trigger for the current bitcoin sentiment, with many institutions entering the current bitcoin era will certainly follow economic sentiment, I am also quite sure that the $70k is not a very difficult figure for us to touch back at the end of this year.

Be patient buddy we will see an amazing show back in this cycle, if the bitcoin market continues to experience optimism like yesterday I think it is not difficult to go up at the end of this September to the price of $ 65k for our foundation towards $ 70k, although the current situation is very difficult to stabilize the price at the $ 60k level, if we are targeting profits I think our advantage is to accumulate bitcoin can be much more, because if the price rises above $ 63k again it will be very difficult to think about buying. Cheesy

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Quote from: tabas on September 13, 2024, 01:24:42 AM

Quote from: TravelMug on September 12, 2024, 02:28:40 PM

It's not going as well in my opinion, but now we should be around $70k'ish or even higher. Although there is argument that since the cycle has change, as we have reach new all time high prior to the halving. Because in the previous cycles, it's always new all time high after, not before. So the market might have been exhausted that's why almost 4 months moving forward, we have seen major changes in the market.

IMHO, it's going well. Give it time until next year, we still have the entire end of this year and as well as 2025 for everything to see the peak of it. Bitcoin can reach $70k within less than 24 hours based on what we've seen and its movement. But I'd agree to you that it should have been $70k already by this time but that's okay. The peak has been seen too early but that's not the end of it, there's still enough time for it to reach such peaks.

If we could end up waiting a bit more I am sure that we are going to do fine. I know that we are going to do go up, we just need to wait a bit more and holding during these volatile times is not easy I agree with that but we should be considering this as something that could profit.

The reality is that we can't consider this as big deal, we can't sell right now just because it's volatile, it is not a big deal at all. We need to consider that in the future the price will go up because cycle works that way. So it can't really make much increase or change all that easily, so we just need to keep holding. I believe that soon we will start going up, it may take just one or two more months but as soon as that happens we should be considering it changing and start giving us profit.

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Quote from: tokeweed on September 03, 2024, 07:28:18 AM

I missed a month of our sentiment thread as I got sick at the end of July and got worse a couple of days into August. But yeah, now it's back. A couple of days late tho.

I have been watching sentiment in August up until last week and this is a sign of a decline in sentiment for the market. There’s been a lot of events that could be related and most people are no longer involved in the panic even though the market should be pushing towards a correction.

Quote from: tokeweed on September 03, 2024, 07:28:18 AM

So in August we saw BTC open around 65k, had a sell down to around 49k then tried going back up to 65k but didn't make it... So of that's the range, what do you guys think will happen this month?

As for today there’s been a bit of a change in the market and bitcoin is back to $60K plus, this could indicate a recovery or a drop after going above $60K. I still think there’s a correction this month and bitcoin won’t go above $65K for a few reasons that could happen and I hope the $60K price doesn’t go back down any further.

We will look forward to various speculations again and I hope it will not exceed the previous lowest correction price. Although when that price occurs it can provide an opportunity to make purchases in much larger amounts for some people who have large capital.

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Quote from: ajiz138 on September 13, 2024, 03:30:01 PM

As it is September the current cycle is not too bad considering bitcoin has now rallied back to $60K, this being the middle of the month could the recovery still be underway or is this just a market trap? I hope this is not the case.

We will see, we should be getting over the $62k resistance, and if we stay and hold that, maybe this is not just a market trap, but the start of the rally and maybe we can still get over to $65k as this is what most of us think this September will offer to us. So we have 2 more weeks to proved that this month is good already as we are now in the green dildo for the first time this month.

Quote from: ajiz138 on September 13, 2024, 03:30:01 PM

I see today the market is coming back as far as the week long gain is already 12% meaning bitcoin is recovering fast and that's what we expect, because we know September being a red flag a lot of people see but the reality is this will be a little different.

That's why there is red flag already, because on how fast the market has recovered from the last dip and retraction. There are eve proponents who says that we will be going below $50k this month. But suddenly the price chance it's course for this month. So we are still not safe, unless we hit $62k as I have said to continue to gain momentum for this month.

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Quote from: ajiz138 on September 13, 2024, 03:30:01 PM

As it is September the current cycle is not too bad considering bitcoin has now rallied back to $60K, this being the middle of the month could the recovery still be underway or is this just a market trap? I hope this is not the case.

I see today the market is coming back as far as the week long gain is already 12% meaning bitcoin is recovering fast and that's what we expect, because we know September being a red flag a lot of people see but the reality is this will be a little different.

as long as people still calling out that september is bearish, there will always be so many short position around the resistance.

everytime bitcoin is reaching its resistance, it always get shorted massively by retailers like there's no tomorrow, in just matter of day or less the price plummeted from peak back to demand zone again.

it's how strong the market mood could affect crypto and become the reason bitcoin just gonna sideways this month around because the L/S ratio always plummets around peak.

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Quote from: ajiz138 on September 13, 2024, 03:30:01 PM

As it is September the current cycle is not too bad considering bitcoin has now rallied back to $60K, this being the middle of the month could the recovery still be underway or is this just a market trap? I hope this is not the case.

I see today the market is coming back as far as the week long gain is already 12% meaning bitcoin is recovering fast and that's what we expect, because we know September being a red flag a lot of people see but the reality is this will be a little different.

The assumption that the market is bouncing is true, but whatever happens BTC needs positive news from the FED RATE CUT and it is expected to be some kind of catalyst that can boost the price to at least $80K by the end of the year and is expected to continue to pump up to $110K by April 2025 if possible.

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As it is September the current cycle is not too bad considering bitcoin has now rallied back to $60K, this being the middle of the month could the recovery still be underway or is this just a market trap? I hope this is not the case.

I see today the market is coming back as far as the week long gain is already 12% meaning bitcoin is recovering fast and that's what we expect, because we know September being a red flag a lot of people see but the reality is this will be a little different.

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The top of my choice for the price range in September even though I was only at the end of the second week to see it.

$60K seems to be the price that will be traded at the beginning of the third week because the RSI looks quite promising even though there will be news that can make the market back drop to the price below the current price.
But according to my estimation from lately developing that entering this third week the price will strengthen at $60K.

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Quote from: Webetcoins on September 12, 2024, 03:55:10 PM

if we see people selling then it would be sad because they would be missing out on a chance to make a lot of profit.

And that will always happen, the only thing is that we buyers know exactly what we should do, when the weak hands sell there is always a smart person buying, do not doubt that, and the best of all is that we will have access to buy at any time and thus make more btc, for me the main thing about this is to always do what is necessary to make or expand our wallet with bitcoin, it is known that it will increase, we do not know but it will, the /70k will pass quickly, the crux of the matter is whether this year it will reach $100k.

STT

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I think its clear that we have no strong trend to give a high end year price. We can always explode upwards, BTC can do this but as far as a certain trajectory its not there. So I'm not too negative and Im really not that positive until proof arrives and is tested to give reason otherwise.

Right this moment we rest upon and test the 2 day average, its not failing that so far but BTC always remain stuck below a ceiling of August low prices. If we cant beat last month at its worse then we cannot honestly conclude positive or strong price action right now. Neutral at best, today target upside 59.4k downside 56k.

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Quote from: TravelMug on September 12, 2024, 02:28:40 PM

It's not going as well in my opinion, but now we should be around $70k'ish or even higher. Although there is argument that since the cycle has change, as we have reach new all time high prior to the halving. Because in the previous cycles, it's always new all time high after, not before. So the market might have been exhausted that's why almost 4 months moving forward, we have seen major changes in the market.

IMHO, it's going well. Give it time until next year, we still have the entire end of this year and as well as 2025 for everything to see the peak of it. Bitcoin can reach $70k within less than 24 hours based on what we've seen and its movement. But I'd agree to you that it should have been $70k already by this time but that's okay. The peak has been seen too early but that's not the end of it, there's still enough time for it to reach such peaks.

Quote from: TravelMug on September 12, 2024, 02:28:40 PM

And others are very pessimistic that we might see a good price at the end of the year. Nevertheless, October-December could still be a good month and who knows, we might be over to see this kind of sideways patterns.

They're pessimistic because they're not seeing the good price movement. But since yesterday, we're back to $58k and it's rotating around there and $56k so that's a good sign. Those people who are pessimistic about that we'll not see good EOY, that's fine. I'd agree that we need to be patient and wait until Q4.

Topic: BTC Sentiment Poll for September - page 3. (Read 1539 times)