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Poll
Question: Will BTC drop any lower than the 27k - 28k range?
Yes - 23 (52.3%)
No - 13 (29.5%)
No idea - 8 (18.2%)
Total Voters: 44

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Author Topic: BTC Sentiment Poll for June  (Read 764 times)
fzkto
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June 18, 2022, 08:15:29 AM
 #101

It seems though that we have a glimpse on what is going to happen this June. One of the worst as we have seen near capitulation again (I still think that the price can still go below $20k). Others say it has something to do with the Celsius collapse or the Feds raising the rate hike again. Nevertheless, this is a golden opportunity, bitcoin at a discount? Take his opportunity to buy more.

I also believe Btc could still go below $20k. At some point Btc touches the $20k level already. However it manages to bounce back and currently trading at $21k.
Well, Bitcoin is already in a huge discount now. I am thinking some people are either afraid of this correction or waiting to find the bottom.
The reason behind the current price of Bitcoin may not matter as this will be an opportunity to accumulate.

I think the bottom is in. Bitcoin is historically oversold and underpriced.
Waiting for 13k is probably going to leave you behind...

Below $20k for me is the best opportunity, as we have seen it in the last 4 hours. $ 19,170, and we have reach the lowest low now and the possibility to go down even further.

Just things to ponder, $13k might be the final bottom, $15k-$18k, as well is another golden opportunity. But I'm not going to wait, every dip Ii'll try to buy as much as I can and then HODL.
I also think we have had a good opportunity to buy bitcoin for a long time now and if it drops even lower, for example to 15k, it will be an even bigger success. But I think it's kind of strange that we're being allowed to buy now. Usually there was always a panic, a sharp drop in price and then a rise. Now there is no strong panic, they allow us to buy regularly and then slowly lower the price again. There is a feeling that MM has completely different targets for the price.

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June 18, 2022, 09:41:41 PM
 #102

Is 27k - 28k the lowest of the lows it can get for 2022 and beyond?  Is it all going up from here on forth?
June is only two weeks left, soon to enter July, some speculations that I've read, Bitcoin will experience a period of sharp decline until October, maybe it can reach $15k or less, that's based on speculation that I've read, I believe in it, can be seen from the current market.
The June may end 2 weeks from now and with this ? the second quarter will end as well so this means there is a new entry and that is a 3rd quarter .

Most of the years ? the  3rd quarter always brings negative approach because this is the decisioning months as the last quarter will bring differently .
Another reason for Q3 is the fact that most people will not be after making money but more like spending money, outside of tourism sector of course. Do you really think that people who are getting their bonuses at the end of the year who will have more money to invest versus people who are in Hawaii or whatever will have the same power? Of course not, even if one of them has the money for it, they will be sunbathing in a beach and won't care about money at that point.

Hence, summer months are one of the harshest months for all markets, not just crypto but all of them. One of the easiest moneymaking in the world is buying solid things during July august period even September, and selling in late November or early December. Worked for decades now.

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June 20, 2022, 12:31:35 PM
 #103

The moment you think it's going below 15k, it bounces giving a little hope that the bottom is in.  My next poll for July's sentiment thread was supposed to be if BTC was going below 2017's all time high but it already happened.  So I guess my next poll will be if BTC has reached the lowest possible price range it can go for the next few years?  I think the votrs would mostly be 'yes' if this bounce continued thru the next month.

R


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June 29, 2022, 02:27:07 PM
 #104


Currently the opinion that the price will fall below the op's forecast has indeed been stated by more than 50%, of course we are now more focused on July whether there will be a decline that will be more than now.


If you look at the movements that have occurred so far, it is likely that in July it will be lower than expected in June and it will start to improve, maybe in Q4 this year.


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June 30, 2022, 10:01:40 AM
 #105

The moment you think it's going below 15k, it bounces giving a little hope that the bottom is in.  My next poll for July's sentiment thread was supposed to be if BTC was going below 2017's all time high but it already happened.  So I guess my next poll will be if BTC has reached the lowest possible price range it can go for the next few years?  I think the votrs would mostly be 'yes' if this bounce continued thru the next month.
I would guess that the sentiment is not the market, we could "feel" like something is about to happen and it may never happen and we shouldn't be worried about that. Yes we believed that the price would NEVER go under 20k, that was a real feeling amongst everyone in the crypto world, but we did and we dropped to 17.6k levels in the bottom. But that doesn't mean that we should lose hope and think that the same will happen again and again.

Just because we believed one number wouldn't be passed under, and it did, doesn't mean that we will say it won't be bottoming further and it will again and again and again. That happened once, and I believe it will not happen again.

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June 30, 2022, 09:02:45 PM
 #106

The month went out with a bang and it was big...  And it wasn't the kind of bang we wanted.  Cheesy  I seem to be laughing now but I really am dying inside.  I seem to be playing games with these polls but really they are nothing but something to find out if you're feeling what I'm feeling.  I've been in the space for a long time now and these huge moves against you always feel the same no matter how large or small your trades are.

Anyway see you in the next one...  No I'm not killing myself.  I meant see you at the July sentiment thread. 

R


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