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Economy => Speculation => Topic started by: Oshosondy on October 31, 2022, 09:01:15 PM



Title: Bull or bear November?
Post by: Oshosondy on October 31, 2022, 09:01:15 PM
Bitcoin highest price in August was $25200, $22800 in September, $21100 in October if it does not surpass it in few hours away to the month of November. In 2018, these three previous months were similar in a way the price of bitcoin did not have much volatility but followed by a massive bear market that decreased the price of bitcoin from $6600 to $3600 in November before the next massive bull run started that drove bitcoin up to $13970.

This is not to cause a panic, but unsure if bitcoin price will still decrease further? But yet buying at $20000 is going to be profitable in some weeks or some months to come.

What I know would happen is either the price will not fall more than expected before the next bull run start. Or the price of bitcoin may fall in a way it can get to $17600 again or below which would result to a massive bull run in some weeks or months to come.

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


Title: Re: Bull or bear November?
Post by: KennyR on October 31, 2022, 09:09:14 PM
For now there is nothing specific for a bullish move, and the world market too suffering. The price movements will happen within specific limits and could drop down. Even now experts have warned of the price pumping which could be a trap. I'm not sure, how far it is gonna be real in the market. Whether it is bull or bear, we need to keep ourselves face the worst which lets us keep our portfolio stable.

Most of the time we can experience good rise in the price over the end months. Maybe the same could happen, if not Elon Musk through Twitter needs to do some fortune to influence the market.


Title: Re: Bull or bear November?
Post by: Finestream on October 31, 2022, 09:57:50 PM
For now there is nothing specific for a bullish move, and the world market too suffering. The price movements will happen within specific limits and could drop down. Even now experts have warned of the price pumping which could be a trap. I'm not sure, how far it is gonna be real in the market. Whether it is bull or bear, we need to keep ourselves face the worst which lets us keep our portfolio stable.

Most of the time we can experience good rise in the price over the end months. Maybe the same could happen, if not Elon Musk through Twitter needs to do some fortune to influence the market.
The last quarter of the year should be more bullish than bearish but I guess this time is different. The bear market is here to stay and it may even cross another year before we can finally witness a bullish market. However, whether it’s bearish or bullish, just continue to hold tight our bitcoin and the rest of good altcoins, that’s the only way to prevent us from losing and still become profitable in the end.


Title: Re: Bull or bear November?
Post by: Baofeng on October 31, 2022, 11:19:36 PM
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?

It's probably around this levels as well, $20k-$25k give or take. The thing is that we are about to hit the last 2 months and specially in December we had some runs before Christmas so I think we might hit as high as $25k.

So in November, it could be around $22k-$23k the most, unless there is another news that will put the market again. Yes, the war is still in the background, but if the US has some good news about their economy and their monthly CPI, then maybe it will have a positive effect on the market this month.


Title: Re: Bull or bear November?
Post by: sheenshane on October 31, 2022, 11:59:12 PM
It's expected that there's a bull market when the 4th quarter of the year will come and I think this month might Bitcoin price spike in the market but as of now, there's no specific sign of it and I think to take a break if you do a DCA way of investing Bitcoin.

Seeing the market condition, the Bitcoin price breaking above the $23k to $24k mark in November could aid the uptrend to the $30k resistance level at the end of the year, what do you think?


Title: Re: Bull or bear November?
Post by: OgNasty on November 01, 2022, 12:49:00 AM
I am going to foolishly say we are going to have a bearish November. I don’t have any real reason, except that October felt too bullish to me. I think the next jump in price is going to be from FTX releasing a stablecoin, but I think expecting that to happen within the next 30 days is a bit optimistic. I’m overall bullish, but I think there’s a good chance the price could be lower in 30 days.


Title: Re: Bull or bear November?
Post by: bittraffic on November 01, 2022, 01:10:45 AM

I am going to foolishly say we are going to have a bearish November. I don’t have any real reason, except that October felt too bullish to me. I think the next jump in price is going to be from FTX releasing a stablecoin, but I think expecting that to happen within the next 30 days is a bit optimistic. I’m overall bullish, but I think there’s a good chance the price could be lower in 30 days.

Maybe because I've already bought some which made me a bit optimistic as well. But seeing there is a bit of a green market in different DEXes that I have been I think it simulates the last bull market back in 2021 and the price of BTC had been very stable for a few months.

In the back of my mind, I'm also doubting since the report I've seen recently was that miners are still selling heavily to cover their expenses, and miners in China sell all the time since they get almost free energy.


Title: Re: Bull or bear November?
Post by: Davian144 on November 01, 2022, 01:37:25 AM
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
Honestly I'm still expecting a bull this November on Bitcoin and all cryptocurrencies on the market. But I still have a hard time knowing whether it will happen within this month, because considering last year the conditions were very different from November this year, so I don't see November last year as a reference for market conditions in November this year.

I just want to hope that the Bull can happen this month so that everyone can get the benefits to enjoy after December is over, because the new year is always fun at night and everyone will be very happy if they enjoy the new year with the profits they get from market.


Title: Re: Bull or bear November?
Post by: crwth on November 01, 2022, 01:40:32 AM
There will likely be a price increase this November, knowing that it will be the Christmas season, and hopefully, many people will get into crypto. It is usually at this time that it increases in price. Remember the bull runs? It can happen again continuing to December.

Of course, this is me, a bias and optimist about the rewards and results.


Title: Re: Bull or bear November?
Post by: Wexnident on November 01, 2022, 02:39:47 AM
We're in the green so far for the past month, I'd assume we'd continue at this snail's pace for the next month as well with no big breakthroughs imo. It may gradually increase its pace as the end of the year ends though, so we might see better gains at the latter end instead of the start. The top by the end of the month would probably stop at around $23k or so, and at the end of the year around $26k, $27k. On another hand, even if we did go down from here, I don't think we'd go lower than the lows we've had the past few months.


Title: Re: Bull or bear November?
Post by: Sebas.tian on November 01, 2022, 03:38:00 AM
The bearish market will continue in this month of November to allow those that missed the opportunity to buy in this new month and hold, because there is no sign that the price of Bitcoin will increase higher for investors and traders to experience bullish market in this month of November. I think, the price of Bitcoin will definitely increase higher in the month of December to allow those that invested in Bitcoin some months ago to have something good to achieve from their investments. Many investors will have a lot to embrace in the future when the price of Bitcoin hit $50,000 before the end of this year 2022


Title: Re: Bull or bear November?
Post by: adaseb on November 01, 2022, 04:10:06 AM
We will know whether it’s bull or bear this Wednesday when the fed releases it’s rate hike and statement.

If they are dovish then the markets will all rally and most likely we all bottomed. However if all this rumor about a pivot were false then there will be a nasty crash down.

Then there is the employment numbers out this Friday. So it will be a very busy week.


Title: Re: Bull or bear November?
Post by: LogitechMouse on November 01, 2022, 07:52:46 AM
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
$20,000 for me is what I'm considering as the psychological resistance and so far, the price of Bitcoin is above that though it's only a few hundred dollars higher and anytime, it can still go down below it.

We know that long term, we expect a bearish movement towards Bitcoin but on this month alone, I expect a bit of an uptrend in the short term. I was surprised TBH that it went up to $20,000 a few weeks ago but still, it is around my past prediction that price of Bitcoin will end up sideways at around $18,000 - $25,000 this year. For November, I expect a bit of an increase on it's price.


Title: Re: Bull or bear November?
Post by: udayantha11 on November 01, 2022, 09:16:13 AM
Completly bear can see. we are still at the bear market and no consolidation comes. after 1 year of ATH , how can we expect another bull run. DO not expect it will soon arrive. Focus long term


Title: Re: Bull or bear November?
Post by: Yaunfitda on November 01, 2022, 09:23:16 AM
Yeah, I would  say that we are still in the bear season, so November might be the same just like the rest of the month. Prices could be just around or in the average of $20k. But I guess that it's good indication that we might not go lower or see lower lows this year.

But 2023, could be different, going to be another roller coaster ride. And with that, just stay focus and continue to accumulate as much BTC as we can at the end of the year. The opportunity might not present itself again.


Title: Re: Bull or bear November?
Post by: bitterguy28 on November 01, 2022, 10:02:34 AM
The starts sounds good because we ended up October with high hopes and with Green market so Maybe the momentum is still On and the vibes is still growth.


November Usually makes a good move towards early December and sudden before the Year ends , this is the scenario every after Bull run year.

Completly bear can see. we are still at the bear market and no consolidation comes. after 1 year of ATH , how can we expect another bull run. DO not expect it will soon arrive. Focus long term
but it is yours to believe mate, remember that in volatile market like crypto has always side ways, it can climb while there is a bear , or it can fall while there is a Bull.


Title: Re: Bull or bear November?
Post by: maydna on November 01, 2022, 12:11:18 PM
Completly bear can see. we are still at the bear market and no consolidation comes. after 1 year of ATH , how can we expect another bull run. DO not expect it will soon arrive. Focus long term
Yes, we are still in a bear market but also in a sideways position because I see bitcoin prices are not going down or rising too high or deep and tend to be at one price level. So far, if the bitcoin price has been at the bottom, the price will not go anywhere and tends to be more stable than before. And even if there is movement, the movement is not too significant. For example, when the bitcoin price was at $19k for a while, and the price started to increase to $20k, it has stayed at $20k until now. But I don't know if suddenly the price will go back to $19k or even lower. So we must be prepared for all situations and conditions, and if that means another decline, we can buy more bitcoins again.


Title: Re: Bull or bear November?
Post by: JoyMarsha on November 01, 2022, 12:32:29 PM
Am not expecting any bull season in this last quarter of the year. Whatever price movement the crypto market comes with, am going to accept it wholeheartedly without putting my mind to it. If the bear market wants to continue so be it.
The only time I will be more interested in the bitcoin price is next year. For now, am just holdling, not speculating whether the market will be bullish or bearish at the end of this year


Title: Re: Bull or bear November?
Post by: Kelvinid on November 01, 2022, 01:41:37 PM
I really hate to speculate badly for the upcoming but at some point, we have no option but to say the bear season will still stay this month of November. If we could see a pump, that was a bonus event, and this is just like what we experienced last October. I was expecting no harsh drops in the market, however, it was not enough to save and uplift the market to higher than a bear season but most likely the same market condition is what we experience. And we are investing this time, then helping ourselves to learn how to hold and to be patient is vital.


Title: Re: Bull or bear November?
Post by: Nrcewker on November 01, 2022, 02:00:52 PM
The price of Bitcoins won’t depend on months. Rather it will affect depending on the demand of the coins. If this month we witness great events regarding Bitcoins, or any bit nation adopting Bitcoins, then only the price will rise. These all events will eventually grow the interest among the people to buy more Bitcoins and hence the demand for the coin will increase and due to the limited supply of the coin, it will lead to the price boost. As we have witnessed November isn’t a bear time, so definitely we gonna see a bull run this time.


Title: Re: Bull or bear November?
Post by: Lucius on November 01, 2022, 02:52:56 PM
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?

This is turning into a boring game because we are in the middle of a bear market, and regardless of the fact that there are a lot of impatient people who want their profits, I think we have many more months to come in which nothing will happen. Any attempt to raise the price will very likely end up in the same way as all the previous ones, because for some, even a small profit is better than none.

Therefore, I think that November and especially December will not be a period in which you should hope for anything more than a 10% change in both directions - and if we assume that some will sell part of their BTC for this year's Christmas-New Year holidays (as well as every year), then we could conclude what awaits us.

I have already written this several times, but I will repeat that despite everything, the price of around $20k is more positive than negative as it seems to some. The longer we keep this stability, the firmer we will be, not only for the next big bull run, but also to show that Bitcoin can endure even in moments when all markets are facing serious challenges.


Title: Re: Bull or bear November?
Post by: STT on November 01, 2022, 03:22:12 PM
Watch this week because its currently struggling to keep up the positive lead up to this point.  If we fail here and dont recover I'd guess Nov wont be upto much, a neutral drift is the overall take.


https://talkimg.com/images/2023/06/12/AIHDT.png

Weekly average, not holding the lows of the last day or so would seem to lead to further downside and repetition of those prices.


Title: Re: Bull or bear November?
Post by: coolcoinz on November 01, 2022, 04:00:17 PM
Still a bear market, but does it really matter? For most people it really doesn't change anything whether we're at 19k or 25k. We all had a chance to sell at 25 and above multiple times this year. Those who didn't take that chance felt like the price is too low and for these people current struggle below 25k doesn't mean much.

I'm like that. The last price when I sold bitcoin was 47k in April and I won't touch my coins until we get back to those levels. I'm ready to wait another year until this bear market ends, but keep in mind that we've been here already for 12 months. Worst case scenario we have a few months before the trend reverses.


Title: Re: Bull or bear November?
Post by: ShowOff on November 01, 2022, 04:11:00 PM
Seeing the market condition, the Bitcoin price breaking above the $23k to $24k mark in November could aid the uptrend to the $30k resistance level at the end of the year, what do you think?
If this scenario is true, then of course it will be very interesting to look forward to. The thing is I'm not really sure about it for various reasons mainly due to inflation which is the lack of demand for bitcoin. Market conditions are more likely to be sideway where the price will range between $19K to $22K, to be honest it's not a big gain especially for support against the collapse of the $25K resistance and above.

I hope things don't have to be according to what I now think about bitcoin prices in November, but really we won't know for sure in the end. At your first point, the DCA might be very useful to prepare yourself in case the price jumps higher.


Title: Re: Bull or bear November?
Post by: spectre71 on November 01, 2022, 04:19:37 PM
Lot's of bad news still to come. Couple more fed raises, housing crash, used car market falling, GM on the ropes, inflation and Christmas. Sideways until the EU unthaws in the spring.

Sideways at best.


Title: Re: Bull or bear November?
Post by: salad daging on November 01, 2022, 04:23:07 PM
The price of Bitcoins won’t depend on months. Rather it will affect depending on the demand of the coins. If this month we witness great events regarding Bitcoins, or any bit nation adopting Bitcoins, then only the price will rise. These all events will eventually grow the interest among the people to buy more Bitcoins and hence the demand for the coin will increase and due to the limited supply of the coin, it will lead to the price boost. As we have witnessed November isn’t a bear time, so definitely we gonna see a bull run this time.
Every month has a different incident I think people always assume that in a certain month bitcoin will go up but from what is predicted it just wants to see a momentum for bitcoin's rise but I think the current event will not be a big one because the world is going through quite a recession worse, many even think the current situation they prefer other than bitcoin which for them tends to be less sure except for investors who already know how the good side of bitcoin in the future.

But this time bitcoin is at 20k+ although I honestly say a bullrun is unlikely in the upcoming events until the end of the year, at least we will see bitcoin travel above the 20k - 25k average that has my reasons why bitcoin will not have a bull on the moon this.


Title: Re: Bull or bear November?
Post by: virasog on November 01, 2022, 04:27:36 PM
For now there is nothing specific for a bullish move, and the world market too suffering. The price movements will happen within specific limits and could drop down. Even now experts have warned of the price pumping which could be a trap. I'm not sure, how far it is gonna be real in the market. Whether it is bull or bear, we need to keep ourselves face the worst which lets us keep our portfolio stable.

Most of the time we can experience good rise in the price over the end months. Maybe the same could happen, if not Elon Musk through Twitter needs to do some fortune to influence the market.

Some people start to compare the price of bitcoins in November in previous years and try to predict the bullishness of the market. If most of the years November and December are the bullish months for bitcoin, in particular, this does not mean that we will be bullish in this month.

Agreed with you that bitcoin is in a bearish state and there is nothing happening right now due to which we can say that bitcoin will be bullish. We need to follow the trend and the current trend for the bitcoin market is bearish.


Title: Re: Bull or bear November?
Post by: crytolad on November 01, 2022, 04:33:06 PM
Bitcoin highest price in August was $25200, $22800 in September, $21100 in October if it does not surpass it in few hours away to the month of November. In 2018, these three previous months were similar in a way the price of bitcoin did not have much volatility but followed by a massive bear market that decreased the price of bitcoin from $6600 to $3600 in November before the next massive bull run started that drove bitcoin up to $13970.

This is not to cause a panic, but unsure if bitcoin price will still decrease further? But yet buying at $20000 is going to be profitable in some weeks or some months to come.

What I know would happen is either the price will not fall more than expected before the next bull run start. Or the price of bitcoin may fall in a way it can get to $17600 again or below which would result to a massive bull run in some weeks or months to come.

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

It is too early to speculation and it's hard to tell if we are about to enter the bull season. I have heard before that we have passed the bearish season but the charts are still reds. So, am gonna keep my hands crossed.


Title: Re: Bull or bear November?
Post by: Mpamaegbu on November 01, 2022, 07:39:34 PM
I'm optimistic that Bitcoin will rally north ward for the month of November. I shared this perspective in a different thread here a few minutes ago. We might not have seen enough strength upward to suggest that it could break the $21,000 barrier yet as a few users have pointed out. However, Bitcoin has a way of causing instantaneous spikes to change the tides. I believe that can happen this first week in this month. For anyone trading it, I will advise they look for buy entries more and jettison the idea of shorting it even if the set-up looks enticing.


Title: Re: Bull or bear November?
Post by: eightdots on November 01, 2022, 07:57:56 PM
Any particular month does not affect the Bitcoin price. No need for speculation. I think it's too early to say bull. There must be events in the world that can affect this. Positive events. Every other word is just six unsupported words. We have a long winter ahead of us. There are people who will exchange Bitcoin for Christmas celebrations. There are economic uncertainties. There are many factors that will affect Bitcoin. So all we can do is wait.


Title: Re: Bull or bear November?
Post by: dezoel on November 01, 2022, 09:16:29 PM
The price of Bitcoins won’t depend on months. Rather it will affect depending on the demand of the coins. If this month we witness great events regarding Bitcoins, or any bit nation adopting Bitcoins, then only the price will rise. These all events will eventually grow the interest among the people to buy more Bitcoins and hence the demand for the coin will increase and due to the limited supply of the coin, it will lead to the price boost. As we have witnessed November isn’t a bear time, so definitely we gonna see a bull run this time.
Whether you like it or not, there will always be people who believes on it because this is what they witness before or if they are a newbie, this is where they observe upon looking at the chart history but I think I am with you because I believe that btc doesn't work in a pattern except maybe to that 4 year halving as it is already programmed in btc. For us we only believe on the real facts and one of it is the is the supply and demand.

You already explained how it work but I can't agree with you when you say that we aren't in a bear anymore. How come when the price of btc is still at $20k? But let us see if there are positive events this month which will help encourage people to buy more coins.


Title: Re: Bull or bear November?
Post by: Sanitough on November 01, 2022, 09:56:07 PM
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?

It's probably around this levels as well, $20k-$25k give or take. The thing is that we are about to hit the last 2 months and specially in December we had some runs before Christmas so I think we might hit as high as $25k.

So in November, it could be around $22k-$23k the most, unless there is another news that will put the market again. Yes, the war is still in the background, but if the US has some good news about their economy and their monthly CPI, then maybe it will have a positive effect on the market this month.
Everything that will bring good news and positivity on the market will always make the market look more bullish. Although the bear market is still here, but everything can shift from bearish to bullish if there will be more positive news and trends this month that will make the crypto market totally benefit from it. Otherwise, the bear market will stay for good this year and might even affect the next year possible.


Title: Re: Bull or bear November?
Post by: GeorgeJohn on November 01, 2022, 10:10:46 PM
There will likely be a price increase this November, knowing that it will be the Christmas season, and hopefully, many people will get into crypto. It is usually at this time that it increases in price. Remember the bull runs? It can happen again continuing to December.

Of course, this is me, a bias and optimist about the rewards and results.
It's not sure that the price of Bitcoin will definitely increase in November and December, this can happen under probability, and i will say it's an assumption because their is no stipulated time frame that States that Bitcoin or cryptocurrency generally will definitely increase in every November and December period per say. So it acceleration or increment in price will come as a result of the demand and supply in cryptocurrency market.


Title: Re: Bull or bear November?
Post by: Kadal Ijo on November 02, 2022, 07:18:07 AM
The trend of 2022 seems to be difficult to bull, the market continues to decline and almost 3 weeks prices below $ 20k, and at the end of October or a week ago it can return to $ 20k, unfortunately the market looks difficult to touch $ 21k, I'm sure if I can touch $ 21k will make a positive sentiment so that the market can continue to rise.


Title: Re: Bull or bear November?
Post by: Oshosondy on November 02, 2022, 08:24:12 AM
It's not sure that the price of Bitcoin will definitely increase in November and December, this can happen under probability, and i will say it's an assumption because their is no stipulated time frame that States that Bitcoin or cryptocurrency generally will definitely increase in every November and December period per say. So it acceleration or increment in price will come as a result of the demand and supply in cryptocurrency market.
There are some November and December that bitcoin price declines, but some people may just have the sentiment that bitcoin price may increase during this period, but in December just because it was like that in in 2018. But bitcoin price was significantly decreased in November period of that time which was followed by bull run for the next 5 months or so. Nobody knows if the price will increase or not, we are only having fun of price guess and nothing more. But more importantly that even if the market will still be more of bears, we should still move more towards the bulls side because the price of bitcoin may surpass $25000 in a month or two months to come. Even if this year is not more bullish, the beginning of next year might be bullish


Title: Re: Bull or bear November?
Post by: Yaunfitda on November 02, 2022, 10:14:28 AM
It's not sure that the price of Bitcoin will definitely increase in November and December, this can happen under probability, and i will say it's an assumption because their is no stipulated time frame that States that Bitcoin or cryptocurrency generally will definitely increase in every November and December period per say. So it acceleration or increment in price will come as a result of the demand and supply in cryptocurrency market.
There are some November and December that bitcoin price declines, but some people may just have the sentiment that bitcoin price may increase during this period, but in December just because it was like that in in 2018. But bitcoin price was significantly decreased in November period of that time which was followed by bull run for the next 5 months or so. Nobody knows if the price will increase or not, we are only having fun of price guess and nothing more. But more importantly that even if the market will still be more of bears, we should still move more towards the bulls side because the price of bitcoin may surpass $25000 in a month or two months to come. Even if this year is not more bullish, the beginning of next year might be bullish
I like that we are more on a bullish at the end of the week of October, no one thought about it but suddenly the price goes from mid $19k to $21k, so that is almost a good increase in this bear market. Nevertheless, it's really hard to see if we can at least maintain the above $20k price. There market is reacting to every negative and positive news specially coming for the US, regarding CPI and other economic measurement they they are going to released in the public. If the CPI report turns out to be very encouraging and positive, then maybe $25k could be hit.


Title: Re: Bull or bear November?
Post by: Beparanf on November 02, 2022, 10:17:46 AM
Still bearish for a better bullish cycle next year. The price suffer the biggest loss this year for the recent bullish cycle which means it needs time to recover before we can see a strong bullish rally. A relief out of thin air is just useless and probably will result to dump again just like what we are experiencing right now after Bitcoin hits the 21K resistance. This is not the bullrun that we are looking for for long term. I believe we need to a wick on a very low price before Bitcoin pump again above ATH.


Title: Re: Bull or bear November?
Post by: YOSHIE on November 02, 2022, 02:42:56 PM
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
Lately I've been reading a lot about the actions taken by investors and crypto users in taking risks and one act of buying or investing in crypto at least the end of 2022, it's all done based on speculation that is often discussed by crypto experts.

Many of today's crypto users are willing to take the risk of failure, if crypto later this year falls below current prices, but many of them believe and speculate that November crypto prices will not go down, currently the crypto market is trading at the bottom.

Honestly, I also have a feeling that in the next two months there will be no major changes and influences for the crypto market, apart from the speculations or speculatives that I often see and read about, I am committed to myself this is a good opportunity to do my best for those who believe especially in the field of crypto.


Title: Re: Bull or bear November?
Post by: lizarder on November 02, 2022, 03:33:59 PM
Lately I've been reading a lot about the actions taken by investors and crypto users in taking risks and one act of buying or investing in crypto at least the end of 2022, it's all done based on speculation that is often discussed by crypto experts.
And maybe because the achievement of ATH in 2021 is the basis for strengthening the actions of investors and crypto users in making investments at this time.
The peak of ATH's achievement in the previous year, the more heated it was discussed by speculators and experts, thus provoking the reactions of investors and users in approaching bitcoin purchases at the end of this year.

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Many of today's crypto users are willing to take the risk of failure, if crypto later this year falls below current prices, but many of them believe and speculate that November crypto prices will not go down, currently the crypto market is trading at the bottom.
Currently bitcoin is in the range of $20k, this indicates a correction phase and may last until the end of the year. Even if there is a recovery, I believe it will be in the $30k price range. Speculation on price may still be difficult to predict more precisely, but I think heading to $20k is unlikely.

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Honestly, I also have a feeling that in the next two months there will be no major changes and influences for the crypto market, apart from the speculations or speculatives that I often see and read about, I am committed to myself this is a good opportunity to do my best for those who believe especially in the field of crypto.
This is the best choice for buying bitcoin, considering that small incremental purchases are more profitable if they are made when the price drops. At least this is an opportunity for anyone to enter the market, if indeed bitcoin is the desired investment option. Although we know that Speculation or Speculative are two things that cannot be separated in the bitcoin journey.


Title: Re: Bull or bear November?
Post by: Oshosondy on November 03, 2022, 07:19:49 AM
I think the November will be the same as the previous 3 months, which is stagnant, maybe the price will be in the $ 18k - $ 22k range, but for those of us who are used to daily trading, this is a good thing because the highest and lowest price ranges can reach more than 15 % so that it can make us get a big profit.
The market is less volatile, but still in a way traders can make money, traders that long or short can gain, but you know that trading has its own means of approach, I mean how it should be done, it has strategies to be used to make profit. The market can be good, but a trader may still lose money, the 15% volatility can be a loss for some traders. The 15% may also be unrealistic for day traders as they open and close trades daily.

The market is less volatile, but it can not continue to go like this, a time is coming when the market will become more volatile, it may not be in November, but it may also start in November. Let us see what would happen, but like I do say that it is best to just go for the bull side, but not knowing if there would first be a bear market that may lead to the bull run.


Title: Re: Bull or bear November?
Post by: Joshapat on November 03, 2022, 08:35:39 AM
After passing 10 months in 2022, I am sure that the remaining 2 months, namely November and December the price trend will be the same, if there is a bull run, the price may reach $ 28k and it is difficult to touch $ 30k, or if it happens it might be above $ 18k.


Title: Re: Bull or bear November?
Post by: rodskee on November 03, 2022, 09:57:54 AM
if this going to be similar to what  2018 brings then I should wait that to happen so I can purchase more? this is something we love to see and expect if we cannot get the Bull we are expecting , though December brings mostly a big changes , only few that is bad but majority of December is really a great increase.
i may not expect something best this year but at least we may see a much growth compared to what we have in august .
After passing 10 months in 2022, I am sure that the remaining 2 months, namely November and December the price trend will be the same, if there is a bull run, the price may reach $ 28k and it is difficult to touch $ 30k, or if it happens it might be above $ 18k.
we are at 20k now , so why cannot obtain another 10k when we are in the year end moment?

though there might be stagnant value but at least let us try helping the market by buying more int his month and the next .


Title: Re: Bull or bear November?
Post by: sukmo on November 03, 2022, 11:33:21 AM
To be honest, I and probably a lot of people are still expecting a bull this November in Bitcoin and all cryptocurrencies on the market.

But I still have a hard time knowing whether it will happen within this month, because considering last year the conditions were very different from November this year, so I don't see November last year as a reference for market conditions in November this year.

Maybe around this level too, give or take $20k-$30k. The thing is that we're going to hit the last 2 months and maybe especially in December we have a few runs before Christmas so I think we might hit around the $25k mark. Any possible good news for this month? I am no exception and probably many people seem to be looking forward to an uptrend, the previous years were just as quiet though, people tend to spend more because of the holidays.


Title: Re: Bull or bear November?
Post by: Ziskinberg on November 03, 2022, 12:12:18 PM
After passing 10 months in 2022, I am sure that the remaining 2 months, namely November and December the price trend will be the same, if there is a bull run, the price may reach $ 28k and it is difficult to touch $ 30k, or if it happens it might be above $ 18k.
In the two months left for this year, I would say that Bullrun is very unlikely to happen. Not in my experience that bear season has been over too fast and I can't really imagine having it this year.

Yes, I see the market condition remains as its current condition. If it pumps, it is a so-called short pump, and later part, it back to low again. If we are smart traders, make this short pumps as an opportunity to earn a few bucks rather than ignoring it.


Title: Re: Bull or bear November?
Post by: bestcoins1 on November 03, 2022, 12:27:46 PM
If we look at the trend since the last 6 months, we will say that the price of bitcoin looks flat and low price fluctuations, of course we hope the price can be bull run in November now, because I am waiting to be able to sell Btcoin, the most expensive price that I bought is around $ 55k and I will sell 50% stock if the price can touch $ 30k.
It would be very strange to me if you were selling Bitcoin when it hit $30K, while you were buying it at $55K. Unless you separate out some of the purchases you've ever made in stages and try to take profits on the Bitcoins you bought at the lowest prices, and keep some of the ones you've bought at the highest prices so as not to lose.

Because it is a way that I think is a little more effective to save the amount of your assets and get a profit even if not so much. Because the most important thing about buying and holding Bitcoin is to stay away from losses and gain profits at a certain moment.


Title: Re: Bull or bear November?
Post by: Minecache on November 03, 2022, 12:42:55 PM
The price of Bitcoins won’t depend on months. Rather it will affect depending on the demand of the coins. If this month we witness great events regarding Bitcoins, or any bit nation adopting Bitcoins, then only the price will rise. These all events will eventually grow the interest among the people to buy more Bitcoins and hence the demand for the coin will increase and due to the limited supply of the coin, it will lead to the price boost. As we have witnessed November isn’t a bear time, so definitely we gonna see a bull run this time.

If according to your prediction, we will take into account the economic situation as well as the ongoing war situation. Yesterday the Fed continued to raise interest rates at a high level which means that the crisis is not over anytime and the war is still raging, all of this will cause the demand to invest in risky assets will continue to decline. Therefore, we are yet to see any bullish signal in November.

My prediction there will be no growth this month and bitcoin will continue to move sideways from 18k-22k like previous months, maybe we have bottomed in this bearish season and we are entering the accumulation zone


Title: Re: Bull or bear November?
Post by: Vinaa77 on November 03, 2022, 07:06:48 PM
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
I have confidence that the price of Bitcoin will drop in November. The red chart has started to appear since the beginning of November. But I am pessimistic about the Bitcoin chart so far. It didn't really happen. I think it's just a normal move, will not lead to a dump market.
However, the daily trading volume continued to increase compared to the previous month. It shows the Bitcoin market is more active even though the chart is red.


Title: Re: Bull or bear November?
Post by: Chainsmokers on November 03, 2022, 07:10:09 PM
After passing 10 months in 2022, I am sure that the remaining 2 months, namely November and December the price trend will be the same, if there is a bull run, the price may reach $ 28k and it is difficult to touch $ 30k, or if it happens it might be above $ 18k.
at the end of the year it will be the month of Bitcoin and altcoins I'm sure it's because currently the bullish indication for Bitcoin can reach $30k is very large,
because now there is a lot of good news that makes Bitcoin price strong, altcoins have also recovered and even increased altcoins much bigger than bitcoin,
so my advice in the bull market later you should really focus on altcoins.


Title: Re: Bull or bear November?
Post by: Baofeng on November 03, 2022, 10:10:21 PM
After passing 10 months in 2022, I am sure that the remaining 2 months, namely November and December the price trend will be the same, if there is a bull run, the price may reach $ 28k and it is difficult to touch $ 30k, or if it happens it might be above $ 18k.
at the end of the year it will be the month of Bitcoin and altcoins I'm sure it's because currently the bullish indication for Bitcoin can reach $30k is very large,
because now there is a lot of good news that makes Bitcoin price strong, altcoins have also recovered and even increased altcoins much bigger than bitcoin,
so my advice in the bull market later you should really focus on altcoins.

I'm sorry but I have to disagree that we can reach $30k at the end of the month. We are very much in the bear market, and although we have a spike this week, the market is trying to get back to our psychological support line of $20k.

It did went as high as $21k, but look at how happen, it wasn't able to maintain that level, the prices goes down as obviously, there is this selling pressure for speculators to make some money real quick. And it might take some time for the price to go up, we might trade sideways for the rest of the year, in my opinion.

You mentioned altcoins, they are worst, -90% and higher decline.


Title: Re: Bull or bear November?
Post by: Kadal Ijo on November 04, 2022, 04:28:29 AM
In my opinion the November market will be bull, this can be seen a sign that the price has returned to the level of $ 20k after about 3 weeks prices below $ 20k, I'm sure November is the beginning of the bull and the price will touch at least $ 20k.


Title: Re: Bull or bear November?
Post by: mich on November 04, 2022, 05:41:58 AM
Well it's been tough past few months and sadly think November it will continue in the 'bull market'.  It's easy for me to be sad and depressed with the current price per bitcoin but than I just remind myself this always happens like such and everything will return to profits in the future.
For anyone not thinking this cycle is a regular occurrence this might not be the correct place for you to invest.  Do not be sad be glad you are here.


Title: Re: Bull or bear November?
Post by: Natalim on November 04, 2022, 10:41:07 AM
I would say that the market seems no changes to show but to retain the current status which is the BEAR market. I know this will soon be to put an end but the problem is we never know when. However, despite of the continuous bear market, I dare not to argue with that and ask when it will be over but rather make myself embrace the situation because whether we like it or not, this will certainly come.

If we are struggling to earn a profit because of the current situation, don't make this a reason to quit but make this a reason to hold and think about a better future.


Title: Re: Bull or bear November?
Post by: Chato1977 on November 04, 2022, 10:58:00 AM


But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
I have a feeling that the market will be bearish again this november before finally made its way  high for the Bull market  (or better call semi Bull because there are no assurance that there will big increase)

but we cannot assure what will come instead we will only speculate to what can bring our investments as we are all having our funds on hold till time being.


Title: Re: Bull or bear November?
Post by: Punakawan on November 04, 2022, 01:00:53 PM


But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
I have a feeling that the market will be bearish again this november before finally made its way  high for the Bull market  (or better call semi Bull because there are no assurance that there will big increase)

but we cannot assure what will come instead we will only speculate to what can bring our investments as we are all having our funds on hold till time being.

I think so, the price is very difficult to rise, and slowly the price will go down again below $ 20k, if tomorrow or the day after tomorrow the price falls again below $ 20k then it is certain it will be difficult to rise and maybe 2 or 3 months can only return to $ 20k.


Title: Re: Bull or bear November?
Post by: bestcoins1 on November 04, 2022, 01:33:53 PM
In my opinion the November market will be bull, this can be seen a sign that the price has returned to the level of $ 20k after about 3 weeks prices below $ 20k, I'm sure November is the beginning of the bull and the price will touch at least $ 20k.
The price of Bitcoin today is close to touching $21K, but I personally still don't want to think of it as a Bull because there are still a lot of price levels that Bitcoin has to go through until it's really worth concluding about Bulls on it this month. So don't immediately say bull if you only see a few percent increase which is even possible to go down again to the same price as before. Anyways the price difference isn't that far off either, even though what you're saying is about confidence for the bulls this month.


Title: Re: Bull or bear November?
Post by: chaser15 on November 04, 2022, 02:06:18 PM
Referring to past performance, bitcoin price is always on the uptrend in every 4Q of the year although not on a specific month. Since we can't really speculate on the closest thing that might happen, I will not expect anything but just to go with the current market flow. Also to avoid disappointment and frustrations if ever our desire thing didn't happen.

As much as possible, just try to accumulate as much as we can, as possible as we can.

We don't know if this is the last time we can see a floor price or maybe it will take a long time to happened again once the bull run commence.


Title: Re: Bull or bear November?
Post by: Pierre 2 on November 04, 2022, 03:23:16 PM
Looks like we have nice move with BNB but I don't think Bitcoin raised enough to claim its bull November. I wish I used this raise for my own interest yet I missed chance. But this is not only reason I say its not bull yet. Only because it is tiny move up in mostly stagnant crypto markets. I still expect another dump after today's raise to prove yet again, we are still, just still in bear run. Only days that bull run may start is, I think, in january.


Title: Re: Bull or bear November?
Post by: cozytrade on November 04, 2022, 03:52:38 PM
Bitcoin highest price in August was $25200, $22800 in September, $21100 in October if it does not surpass it in few hours away to the month of November. In 2018, these three previous months were similar in a way the price of bitcoin did not have much volatility but followed by a massive bear market that decreased the price of bitcoin from $6600 to $3600 in November before the next massive bull run started that drove bitcoin up to $13970.

This is not to cause a panic, but unsure if bitcoin price will still decrease further? But yet buying at $20000 is going to be profitable in some weeks or some months to come.

What I know would happen is either the price will not fall more than expected before the next bull run start. Or the price of bitcoin may fall in a way it can get to $17600 again or below which would result to a massive bull run in some weeks or months to come.

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

There will be a CPI data release in December. If this time we see 100BPS then it would be for sure BTC will fall hard. Ukraine and Russia war could play a major role here. Russia is losing ground so Putin will be desperate. He could use tactical nuclear weapons which could cause massive market panic. Or maybe a major exchange hack could cause a massive dip. All I see is a possibility for a bunch of negative news.


Title: Re: Bull or bear November?
Post by: Sir Legend on November 04, 2022, 03:57:46 PM
My feeling in november market will be the same as october with the highest price is $22k, and the dip price is $18k, of course i hope the market can skyrocket and we hope to get big profits, if the market continues to stagnate then what we worry about will happen for a long time .


Title: Re: Bull or bear November?
Post by: cryptomaniac_xxx on November 04, 2022, 08:47:26 PM
My feeling in november market will be the same as october with the highest price is $22k, and the dip price is $18k, of course i hope the market can skyrocket and we hope to get big profits, if the market continues to stagnate then what we worry about will happen for a long time .

Did the price hit $22k at October? but in any case, if we are going to look at the price now, it seems that its just above $21k and the market cap against is in the Trillion and like 4% up in the last 24 hours.

So it looks like we are really getting bullish this November and investors most likely wanted to see a bull run till the end of the year, pushing it at least now on the vicinity of about $25k.


Title: Re: Bull or bear November?
Post by: STT on November 05, 2022, 04:15:38 AM
The week went well, see how it ends but this is bullish movement imo.  The way we resolved upwards today when facing a point of no return in the pricing, thats great and it needs to jump hurdles above now but its doing well to start Nov this is about the best you could hope for with such headwinds.


Title: Re: Bull or bear November?
Post by: peter0425 on November 05, 2022, 05:03:02 AM


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 .
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.


Title: Re: Bull or bear November?
Post by: justdimin on November 05, 2022, 06:36:00 AM


But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
I have a feeling that the market will be bearish again this november before finally made its way  high for the Bull market  (or better call semi Bull because there are no assurance that there will big increase)

but we cannot assure what will come instead we will only speculate to what can bring our investments as we are all having our funds on hold till time being.
I do not think that it will be bearish, I think it will be quite stable. At the very worst case it could drop to like 19k, and that’s not really bearish because we are used to it already, and at the very best case we are going to see it do like 24k or so and that would be great.

It doesn't mean that we are going to end up with something awesome or something terrible because it hasn't done that in a while and I do not think that it will do that for a while longer. The best thing to do right now is to get as much as you can and wait, in 2023 it could actually make some moves and that would be great for a of us. I am sure that we could wait that long if we are careful with our money.


Title: Re: Bull or bear November?
Post by: Tony116 on November 05, 2022, 08:42:02 AM
Am not expecting any bull season in this last quarter of the year. Whatever price movement the crypto market comes with, am going to accept it wholeheartedly without putting my mind to it. If the bear market wants to continue so be it.
The only time I will be more interested in the bitcoin price is next year. For now, am just holdling, not speculating whether the market will be bullish or bearish at the end of this year

Even though the market seems to be recovering but we can conclude for a bullish move unless the market is above $25k during this month or at least during Q4, but I also agree looking forward to early next year rather than expecting for the end of this year. The market has long suffered from negative news related to the economy, war and pandemics. So expect Q1 early next year to enter the real bull market to prove that any news influence can't bring down the crypto market.

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.


Title: Re: Bull or bear November?
Post by: yudi09 on November 06, 2022, 09:56:47 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.


Title: Re: Bull or bear November?
Post by: jakelyson on November 06, 2022, 01:00:20 PM
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.

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.


Title: Re: Bull or bear November?
Post by: CageMabok on November 06, 2022, 02:15:03 PM
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 :D. 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? :D :D


Title: Re: Bull or bear November?
Post by: ajiz138 on November 06, 2022, 04:22:36 PM
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


Title: Re: Bull or bear November?
Post by: redsun114 on November 06, 2022, 05:11:02 PM
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.


Title: Re: Bull or bear November?
Post by: Moeda on November 06, 2022, 06:32:59 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.


Title: Re: Bull or bear November?
Post by: Oceat on November 06, 2022, 07:03:47 PM
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.


Title: Re: Bull or bear November?
Post by: Slow death on November 06, 2022, 08:52:06 PM
https://i.imgur.com/VULREmt.png

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


Title: Re: Bull or bear November?
Post by: peter0425 on November 07, 2022, 03:01:57 AM

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




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 .
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.


Title: Re: Bull or bear November?
Post by: kotajikikox on November 07, 2022, 03:53:16 AM


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  ;D


Title: Re: Bull or bear November?
Post by: Sebas.tian on November 07, 2022, 03:58:16 AM
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.


Title: Re: Bull or bear November?
Post by: yudi09 on November 07, 2022, 09:04:12 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.


Title: Re: Bull or bear November?
Post by: Adbitco on November 07, 2022, 09:45:52 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.


Title: Re: Bull or bear November?
Post by: Maidak on November 07, 2022, 10:08:54 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.


Title: Re: Bull or bear November?
Post by: Charles-Tim on November 07, 2022, 03:08:55 PM
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.


Title: Re: Bull or bear November?
Post by: FanEagle on November 08, 2022, 09:19:21 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. 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.


Title: Re: Bull or bear November?
Post by: Charles-Tim on November 08, 2022, 09:29:27 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.

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.

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.


Title: Re: Bull or bear November?
Post by: Yatsan on November 08, 2022, 10:54:03 AM
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.

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.


Title: Re: Bull or bear November?
Post by: Chainsmokers on November 08, 2022, 10:27:43 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.


Title: Re: Bull or bear November?
Post by: GeorgeJohn on November 08, 2022, 10:37:27 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.