Bull or bear November? | Bitcointalksearch.org

GeorgeJohn

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Quote from: Chainsmokers on November 08, 2022, 06:27:43 PM

I think November will be a bearish month for Bitcoin until the end of this year, because the current sentiment is very bad,
especially since CZ and FTX are currently heating up, there is a big possibility of selling to cover losses,
so hopefully my prediction is wrong because it is seen from technical analysis. if the bitcoin price stays above $20k until the end of the month then december will be a good month to go up,
but if it's still below $20k then we will see a dump in bitcoin, so be prepared.

I believe that nobody hold the features of Bitcoin because i believe that Bitcoin itself, the continuation of it's bearish market is dependable via the the determine or the determinant of it's demands and supply of cryptocurrency, concluding that Bitcoin as well have to continue it's bearish market this year, i tag that as under statement because their no parameters personal use to indicate that, so i believe that cryptocurrency price regulations is changeable at any point in time.

Chainsmokers

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I think November will be a bearish month for Bitcoin until the end of this year, because the current sentiment is very bad,
especially since CZ and FTX are currently heating up, there is a big possibility of selling to cover losses,
so hopefully my prediction is wrong because it is seen from technical analysis. if the bitcoin price stays above $20k until the end of the month then december will be a good month to go up,
but if it's still below $20k then we will see a dump in bitcoin, so be prepared.

Yatsan

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No signs still at the present. The market still is having a hard time to recover and now that this year is about to end, I guess recovery won't happen this year; let us hope that there will be a bullish run next year.

Quote from: Charles-Tim on November 07, 2022, 11:08:55 AM

Quote from: Adbitco on November 07, 2022, 05:45:52 AM

As matter of fact your questions is something we all knows the answers, which is Yes and No
because from little observation we all are basically looking at after bitcoin halving which have really attract attention of many of us here, so if anyone talking of investment should note that bitcoin price increments could be after 2024 to expect another new ATH, but for now we can only seeing the price around $19k to $30k that is highest we can see it before we gain new ATH.
No need to cause FUD while we all knows the answers.

After bitcoin increased to over $19600 in 2017, it decreased to almost $3000 in 2018, and almost $3800 in 2019 and 2020. But before 2020 when its price started to increase after halving, bitcoin increased to over $13000 in 2019 or so which is more than half the price of after 2016 halving all-time-high. If anything like that happen now, bitcoin price can go above $30000 before 2024 halving. But if the price does not go beyond $30000, 1.5x is still profit if anyone invest at $20000.

We cannot assume that same thing will happen again and again. Indeed this technology has a huge potential and is probably the future of currencies but expecting for the exact occurence of something because such thing happened before would be a danger to new investors out there. Some people are desperate with their money; investing everything not considereing nature of market volatility. Since we are not yet still on a bullish trend, chances could give them loss. Indeed just holding won't yield to permanent loss but for how long can those kind of investors endure the market situation? Let us be a guide to the new ones, it won't cost us that much.

Charles-Tim

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Quote from: FanEagle on November 08, 2022, 05:19:21 AM

I believe this month will be a bull one, November is usually a good month for bitcoin and there is a possibility it will be once again a good one.

Not all Novembers are good. Check the opening post and see in his comment that bitcoin decreased abruptly in November 2018. It is possible that this year will be of bull market but I can not guarantee that, the bear market may not yet be over too. But buying or starting to DCA now is not bad at all.

Quote from: FanEagle on November 08, 2022, 05:19:21 AM

However, we should also remember that bitcoin is something that could change based on some news, meaning if there is a great news then we can see it go all the way to 30k+ and it would be awesome, but we can see a bad news and suddenly reach to new low like 15k as well all based on what we are going to have in the long run.

News can affect the price, but did you noticed that news that caused bitcoin to reduce during bull market still result to nothing but bull latar? Example is Elon musk bitcoin price manipulation and the Chinese crackdown on bitcoin, not knowing bitcoin will still reach all-time-high after. News can be deceiving in long term.

Quote from: FanEagle on November 08, 2022, 05:19:21 AM

I am not saying it is a guaranteed thing, but it is obvious that we are not going to see something so simple like black and white like "up or down?" because it all depends on the news, we will get this month.

If you are a holder and not planning yet to sell your coins, it does not depend on the news, it depends on the market.

FanEagle

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I believe this month will be a bull one, November is usually a good month for bitcoin and there is a possibility it will be once again a good one. However, we should also remember that bitcoin is something that could change based on some news, meaning if there is a great news then we can see it go all the way to 30k+ and it would be awesome, but we can see a bad news and suddenly reach to new low like 15k as well all based on what we are going to have in the long run.

I am not saying it is a guaranteed thing, but it is obvious that we are not going to see something so simple like black and white like "up or down?" because it all depends on the news, we will get this month.

Charles-Tim

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Quote from: Adbitco on November 07, 2022, 05:45:52 AM

As matter of fact your questions is something we all knows the answers, which is Yes and No
because from little observation we all are basically looking at after bitcoin halving which have really attract attention of many of us here, so if anyone talking of investment should note that bitcoin price increments could be after 2024 to expect another new ATH, but for now we can only seeing the price around $19k to $30k that is highest we can see it before we gain new ATH.
No need to cause FUD while we all knows the answers.

After bitcoin increased to over $19600 in 2017, it decreased to almost $3000 in 2018, and almost $3800 in 2019 and 2020. But before 2020 when its price started to increase after halving, bitcoin increased to over $13000 in 2019 or so which is more than half the price of after 2016 halving all-time-high. If anything like that happen now, bitcoin price can go above $30000 before 2024 halving. But if the price does not go beyond $30000, 1.5x is still profit if anyone invest at $20000.

Maidak

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Quote from: yudi09 on November 07, 2022, 05:04:12 AM

Quote from: ajiz138 on November 06, 2022, 12:22:36 PM

Quote from: yudi09 on November 06, 2022, 05:56:47 AM

Bitcoin started November at $20,494.90. If you look at the chart, the percentage points to an increase to date which has reached $21,267.27 at the time of writing.
We're not going to say or decide that November is a bull or a bear. The market situation allows us to mention that the early November of a bull market sign after the FED decided to raise interest rates again.

-
The bitcoin support point is still $20k this is still bearable so the bullish conclusion isn't quite timely for the current year, that's some of my views but if there's an improvement I'm certainly happy with the move into the green market.

$20k bitcoin price support > https://twitter.com/naiivememe/status/1589213071557656576

Bitcoin price support early November $20,494.90 is still very strong if we monitor the current market situation. November has only been running for 1 week and later we will see what price the Bitcoin price will be at the close of the first week.
As a support point we expect to cross $21K in the second week.

Obviously, this is possible if the market does not receive any negative news, are you watching the Fud between CZ and SBF. If this doesn't stop soon then it's bad news causing the market to crash again and this month, we will also have to wait for news on CPI, which determines the market's trend in November. It is not yet possible to confirm whether the market will be green or red in the remaining days.

Adbitco

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As matter of fact your questions is something we all knows the answers, which is Yes and No
because from little observation we all are basically looking at after bitcoin halving which have really attract attention of many of us here, so if anyone talking of investment should note that bitcoin price increments could be after 2024 to expect another new ATH, but for now we can only seeing the price around $19k to $30k that is highest we can see it before we gain new ATH.
No need to cause FUD while we all knows the answers.

yudi09

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Quote from: ajiz138 on November 06, 2022, 12:22:36 PM

Quote from: yudi09 on November 06, 2022, 05:56:47 AM

Bitcoin started November at $20,494.90. If you look at the chart, the percentage points to an increase to date which has reached $21,267.27 at the time of writing.
We're not going to say or decide that November is a bull or a bear. The market situation allows us to mention that the early November of a bull market sign after the FED decided to raise interest rates again.

-
The bitcoin support point is still $20k this is still bearable so the bullish conclusion isn't quite timely for the current year, that's some of my views but if there's an improvement I'm certainly happy with the move into the green market.

$20k bitcoin price support > https://twitter.com/naiivememe/status/1589213071557656576

Bitcoin price support early November $20,494.90 is still very strong if we monitor the current market situation. November has only been running for 1 week and later we will see what price the Bitcoin price will be at the close of the first week.
As a support point we expect to cross $21K in the second week.

Sebas.tian

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Quote

Bitcoin started November at $20,494.90. If you look at the chart, the percentage points to an increase to date which has reached $21,267.27 at the time of writing.
We're not going to say or decide that November is a bull or a bear. The market situation allows us to mention that the early November of a bull market sign after the FED decided to raise interest rates again.

I think, the bullish season is very close to investors and traders in the community, because the price is still moving between $20,000 and $21,000 that showed, investors and traders can still make use of this current price to buy Bitcoin and other cryptocurrencies,and hold for future purpose.I believe, bullish market is about to appear before the end of November for investors and traders to believe that bullish market is fully on ground. If this sign investors and traders are experiencing from the market continue through out this week, showed that the time to sell to make a good profits from the market will happen soon in the crypto market.

kotajikikox

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Quote from: Oshosondy on October 31, 2022, 05:01:15 PM

But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?

It's obviously a good start for this month , November begins with Greening market (as an effect of October small pump)

but what we are facing the whole month is a serious threat as this is the decisioning for December , usually what November brings continues the cycle in December .
I still believe that there is another small increase this november in preparation for December 25k breaking Grin

peter0425

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Quote from: Slow death on November 06, 2022, 04:52:06 PM

The chart shows us positive views , and hoping that this will continue at least till mid of december.

Quote from: Oshosondy on October 31, 2022, 05:01:15 PM

But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?

it is answerable at the moment by INCREASE , because now as the week started Bitcoin had broken 21k again and this is a good start for the second month of last quarter.
also I can see that 22k is near to be broken this day or tomorrow , what I wanna see sooner is the 25k record again because it has been months when we last taste this value .

Quote from: ?? on ??

November it looks like the market will be bull run, today has gone up more than 5%, and the price has reached $ 21500, I'm sure the positive trend will continue and November can touch at least $ 25k, maybe this is an estimate that is too small but if the price can be more High of course we are more happy.

staying at that price seems to be possible , now it is 21, 358 and still close to that 21,500.

Slow death

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looking at the charts we can see that the price is between 18000$ to 22000$ it has not left that zone for a long time, we are not in the bear market, the price is just stagnant in that zone and when that happens it stays in the market for a long time. support of 18000$, it starts to take shape to go up, the problem that is preventing it from going up is that we are in a global financial crisis where people are out of money and everything is very expensive, thinking about making investments in that time is a risk, because even companies are going bankrupt

Oceat

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As far as I can see, it's still a bear market despite of the market situation where the real bull market price would exceed $30 or hit a new ATH IMO. The bull market was done already and now it's the time to face another long ride of the bear market. What we could do during this long time is to do some DCA or accumulate as much as you can if you have some money until it hits the ATH but that would take you so long. Better plan ahead what you would do during bear and bull market so you won't be having some hard time to figure what you would do especially in the bear market.

Moeda

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Quote from: Oshosondy on October 31, 2022, 05:01:15 PM

But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?

There is a possibility that the price of Bitcoin will rise in November. Maybe we can say as a bull month. The price increases slowly but yields definite figures. In general, November will give birth to a significant price change. We can compare this to November in previous years. But if we look at the trading volume in 24 hours, then all crypto assets seem to be reduced or smaller compared to the previous months. It looks like there's a large chunk of crypto being held on hold as an early move from the bulls.

redsun114

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Quote from: ?? on ??

The first week of November can be said to be very good because the price almost touches $ 22k, many psychological things that make investors will continue to buy, for example if prices return to $ 20k then have the opportunity to continue to rise, I'm sure if this week the price can touch $ 22k it will Continue to rise and will be easy to return to the $ 25K level. This is an important warning for me to continue to buy before getting a more expensive price.

Huh $22k? I never saw that but I think the price were only stuck at $20k and it didn't move to $21k. Maybe you are referring to the other months. It could be October or September. I don't check out the price of other coins but they say that eth did do well in the early days of November. So, are you sure you are referring to btc? Or maybe you only confused it with eth because eth is the one that you saw improving.

$20k for btc is still a decent buying price and for sure many people will still accumulate because they are also hoping that the month of December are going to be different from the previous months where it can show a major increase.

ajiz138

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Quote from: yudi09 on November 06, 2022, 05:56:47 AM

Bitcoin started November at $20,494.90. If you look at the chart, the percentage points to an increase to date which has reached $21,267.27 at the time of writing.
We're not going to say or decide that November is a bull or a bear. The market situation allows us to mention that the early November of a bull market sign after the FED decided to raise interest rates again.

I can only presume that in November there was nothing significant in terms of price increases the market is still in the same situation as the potential bear market is still there so even though it has gone up a bit to $21k it's not a sign of much better even though it is always tied to interest rates The FED has been raised for me it has no effect on bitcoin.

The bitcoin support point is still $20k this is still bearable so the bullish conclusion isn't quite timely for the current year, that's some of my views but if there's an improvement I'm certainly happy with the move into the green market.

$20k bitcoin price support > https://twitter.com/naiivememe/status/1589213071557656576

CageMabok

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Quote from: ?? on ??

At least there is positive hope in november market will bull, because today's price is up more than 6% and is already at $21k, I hope the market continues to improve so there is no panic like there has been since the beginning of the year, and i think the factors that affect the market are some altcoins that rapidly growing like XRP and Doge.

Why do you say that? Do you think XRP and Doge are two very influential altcoins in the market so that they are able to make the market look increasing Cheesy

. That sounds really funny mate, come on mate think logically because the two altcoins you mentioned look very miserable to increase when Bitcoin is still at $18K. So where do you conclude that these two altcoins are the things that influenced the market to become what it is now? Cheesy

jakelyson

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We have a good first week of November. If the upward movement of the price of bitcoin continues, we can say that November is a bull month.

Normally, November is the month when the price is in a positive movement. I am confident that we will experience the same this year as indicated by the first week's movement. I am expecting this upward movement to continue until Thanksgiving and will start to decline after that. Maybe we will be back to the 19K to 20K movement at the start of next year.

Quote from: Tony116 on November 05, 2022, 04:42:02 AM

The market is affected by macro news for a long time and there will never be a case where the market goes up while inflation or war goes on, that is our slim hope but the truth will not be like that. The possibility of bitcoin recovering back to $25k by year-end remains but that doesn't mean it's a sign of bull season. Not only are we affected by the economic situation, but we should remember that the bull market only comes when the halving happens and we are very far from that date.

I also don't expect a bullish movement that will grant us a new all-time high, but I am expecting a little bullish movement here and there until we reach the halving. I believe we will experience a little bullish movement this November.

yudi09

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Bitcoin started November at $20,494.90. If you look at the chart, the percentage points to an increase to date which has reached $21,267.27 at the time of writing.
We're not going to say or decide that November is a bull or a bear. The market situation allows us to mention that the early November of a bull market sign after the FED decided to raise interest rates again.

Topic: Bull or bear November? (Read 665 times)