BTC Sentiment Poll for Feb

[lienfaye]

I voted for dead cat bounce since we are only talking for the month of February.

As we can see the price increase is not consistent yet and at this point there's a correction. Probably because of those investors who are taking profit for short term gain, hence I think we are not yet heading to bullish season.

Anyway we're still in the first quarter of the year so there are many unexpected things that can happen. I think it is now safe to say we are done on bearish season since the price is already above $40k, but of course it is still uncertain.

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[CryptoYar]

~, if you are willing to hold for 10 years then even 68k is not a bad place to buy
~

Yes, for the long term people can buy at any price. because if we look at the statics, long-term investors have always made profit.

I voted for dead cat bounce since we are only talking for the month of February.
~

If the bitcoin price is above $50k by the end of February, then I think we can go towards all-time high.

[Ziskinberg]

~, if you are willing to hold for 10 years then even 68k is not a bad place to buy
~

Yes, for the long term people can buy at any price. because if we look at the statics, long-term investors have always made profit.

Of course, because as long as they know how to hodl, they'll certainly make a profit since during the bull run, ATH will be achieve and that would result to a good profit margin especially if we are buying during the bear market run.

[tygeade]

I voted for dead cat bounce since we are only talking for the month of February.

As we can see the price increase is not consistent yet and at this point there's a correction. Probably because of those investors who are taking profit for short term gain, hence I think we are not yet heading to bullish season.

Anyway we're still in the first quarter of the year so there are many unexpected things that can happen. I think it is now safe to say we are done on bearish season since the price is already above $40k, but of course it is still uncertain.

I would understand not considering this as a bullish season just yet, since we are only up like 15 to 20% from the bottom but at the same time calling that a dead cat bounce would not really work. I am not saying that it will not drop but we went up 15%+ already, dead cat bounce is something quick and something small that gives you hope for a second and then goes down.

This is not it, this is something of a big increase already and it did helped people make as much profit as possible with whatever we had right now and that is all we can see. I hope that people would realize that sooner or later because we are at the start of a good bull run if everyone joins in.

[pooya87]

This poll is yet another proof that people always vote for their wishes not their speculation. The choice of words in the second option ("dead cat bounce") ensures this proof, specially if you consider that many of them "missed out" on buying the dip and regret that decision.

[bitterguy28]

February has started to feel less sentimental compared to last January. in february bitcoin has bounced back and although it has not been able to penetrate the second phase, the market has seen a bit of stability compared to the previous one. now bitcoin has started to hold between the price of $ 40k to $ 43k and this indicates that bitcoin has started to get new support.

Don't look at that as Bouncing back because the price does not even crossing 50k and now starts to full down again.

so I think it is absorbing to take that a serious bouncing because like many speculative thread says, this may turn as Misleading and a real Bull trap.

I will take this as a momentum once the value Hit at least 55k again as the run may continue in making another ATH.

[Epaper]

If you look at the price chart in the current crypto market, the downward trend in Bitcoin prices seems to continue until the end of this month and the bitcoin price has the potential to fall again below $40k. Though the price of bitcoin had touched the price range of $ 45k in the last two days. However, the price did not last long, and currently, the bitcoin price is trading at around $42k.

[palle11]

If you look at the price chart in the current crypto market, the downward trend in Bitcoin prices seems to continue until the end of this month and the bitcoin price has the potential to fall again below $40k. Though the price of bitcoin had touched the price range of $ 45k in the last two days. However, the price did not last long, and currently, the bitcoin price is trading at around $42k.

However that it may come back to $40k but there is a strong retesting of that range since a week ago and that has happened like 3 times. Usually in the market if that happens in such number of times it may push away for sometime and that was the reason price moved to around 44k and 45k. It is going to be a new trading week and lets watch volatility can do.

[tokeweed]

This poll is yet another proof that people always vote for their wishes not their speculation. The choice of words in the second option ("dead cat bounce") ensures this proof, specially if you consider that many of them "missed out" on buying the dip and regret that decision.

Lmao.  Uh..  No.  The ‘choice of words’ in the second option is a common term used in technical analysis just like ‘head and shoulders’, ‘double top’, ‘rising wedge’ and the like.  And it ‘could’ be because some guy prolly bought the bottom and thought it might be fun to start a poll and see what the sentiment in the speculation section is.

Ok...  So you’re saying ‘many people missed out’ the recent bottom and ‘regret it’.  What’s your take on the market?  You think it’s going to another all time high from here?

[gantez]

What’s your take on the market?  You think it’s going to another all time high from here?

Yeah IMO I'm thinking that way that the price is going up back to ATH if you look at the volatility of this month that it is beginning to show to recover a little. A little more recovery will take price out from $43k to $50k above and that can begin the bull again. I'm hopeful for another bull to start as Russia discussing adoption of bitcoin any time soon.

[Cryptock]

What’s your take on the market?  You think it’s going to another all time high from here?

Yeah IMO I'm thinking that way that the price is going up back to ATH if you look at the volatility of this month that it is beginning to show to recover a little. A little more recovery will take price out from $43k to $50k above and that can begin the bull again. I'm hopeful for another bull to start as Russia discussing adoption of bitcoin any time soon.

Despite the fact that most people are skeptical about what is happening and expect a further decline in Bitcoin's price, I see more and more optimistic moods on the cryptocurrency market. Of course, anything can happen, but I am starting to see an improvement in the situation more and more and I believe that it is a return to the upward trend and the way to new ATH.

[STT]

Feb will be positive but it looks like crossing the yearly average or 50 week moving average will take most of the energy for this current month.  At present we have retracted from this area and are holding a little way below, I think this is still positive but a clear path upwards is not there with so much history in the price and volume of trades done prior.

[n0ne]

The price tries to push the market and break the midrange resistance around $45500, but the ongoing market isn't able to do it. As a result the price has been getting moved between $42k and $43500. Inflation in US economy, the war urge between Ukraine and Russia are stated as the reason. Maybe after certain conclusion received on this issues the market could turn bullish taking support from the 50 Moving Average.

[pooya87]

Lmao.  Uh..  No.  The ‘choice of words’ in the second option is a common term used in technical analysis just like ‘head and shoulders’, ‘double top’, ‘rising wedge’ and the like.

haha. yes it is a common term specially in the altcoin world referring to a shitcoin that gets pumped for no reason and has to be dumped down 90%
That's why it is weird to use it here.

What’s your take on the market?  You think it’s going to another all time high from here?

I've said my take many times, I believe we were in a reverse bubble and the rise was the correction of the "undervalued" state. And yes we are on the way to another all time high but how long it would take and what route is not clear to me yet.

[tokeweed]

Lmao.  Uh..  No.  The ‘choice of words’ in the second option is a common term used in technical analysis just like ‘head and shoulders’, ‘double top’, ‘rising wedge’ and the like.

haha. yes it is a common term specially in the altcoin world referring to a shitcoin that gets pumped for no reason and has to be dumped down 90%
That's why it is weird to use it here.

^  Kek.  It’s really a common term in trading be it shitcoins or BTC.  Remember BTC at Dec 2017 - Jan 2018 when it shot up to 20k then sold down to around 11k then went back up to around 17k then down again starting the bear market?  Yeah that was a dead cat bounce.  Same thing happened during Dec 2013 - Jan 2014.  That’s why I’m asking what everybody thinks will happen this time around.

I've said my take many times, I believe we were in a reverse bubble and the rise was the correction of the "undervalued" state. And yes we are on the way to another all time high but how long it would take and what route is not clear to me yet.

^  Ok then let’s be more specific.  Do you think BTC will be at all time high again this year?

[michellee]

The investment concept is actually very precise what investors do, but sometimes what becomes an obstacle for ordinary people is the availability of capital, so that in a corrected condition they can't afford to buy coins, only bitcoin is the most valuable at this time, there is a reason why the correction caused them to fall, it is this correction process that actually affects bitcoin, but the correction will not last forever, so when market conditions return to the green, we can sell some existing bitcoins.

They can buy bitcoins with any amount of money and there is no limit to the amount of money they can use to buy bitcoins. If they can't buy large amounts of bitcoin, they can buy small ones and keep doing it repeatedly. The time to buy bitcoin is when the correction comes because it will affect the price of bitcoin and often, we see the price drop drastically. So if you want to buy bitcoin, make sure that the correction has come and the price can drop lower than yesterday's price.

[btc78]

Hey guys, just wondering what the sentiment of the regs are here in the speculation section.  This isn’t a right or wrong answer by any means, I just want to know how everybody’s feeling with the market right now and what you guys think.  Just pick an answer and drop a line.  Thanks.

Here’s a chart...  Green boxes are areas of resistance.  First around 44k - 45k and another one at 50k - 51k.

Like what the voting result , it is Dead cat bounce , though i voted for I Don't Know , yet i also believe that the Dead cat bounces.

It's just my prediction, that currently bitcoin has started to make changes to increase but it's not maximized. if we adjust to last year's situation at the same time, bitcoin should have reached a price above $50K and currently can't reach it. so it looks like there won't be any surprises for bitcoin this month and $50K is a pretty decent price to go for.
just hope that there will be good news that can boost bitcoin for next time and we are waiting for that.

there is no happening as repeating from the past , and comparing this year to the previous(in which multiple ATH broken) is not fair , maybe in the following year? 2024 or 2025? this might happen i guess .

[Sled]

It can be its way to ATH but not this month and so I voted the Dead cat bounce as that is likely to happen. We have this sentiment early this year and the same scenario that we have seen, this sentiment can be in a long stay and it probably covers the entire 1st quarter of this year. I'll be wrong hopefully, but the market isn't looking good as into recovering, it pumps today and drops again in a few days. It is moving like a roller coaster by now and that is really hard to tell what next as hypes can't be possible this time.

[Chato1977]

I'm hoping that Bitcoin will stabilize in 33-42k range and will stay within it for the entirety of 2022 and will start slowly rising in the late 2023, preparing for the 2024 halvening. This would make the most sense in the context of bull-bear cycles tied to halvenings.

So, my answer is "dead cat bounce", but I have hopes that $30k will be defended in this bear market.

You shouldn't ask just for this month because with this kind of situation people are very difficult to explain.
Now we are being tested again about finances so many of us are still rethinking to spend their money when the market conditions are like now.
Seeing that the current bitcoin price is still priced at $40k, I'm still sure that bitcoin is still able to maintain itself at around $40k.
Even though they keep saying that bitcoin will be halvening in the coming year but I still haven't thought about it.

whoa re you to tell him what or not to ask?  he is asking about the sentiment of each individual who invest in market as what they are expecting this month.
he is not forcing you to answer and your shitpost does not need in this thread.

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I am not expecting any good this month so i will continue holding instead.

[tokeweed]

And just as when a lot of people started to get bullish again, the trading gods decided to flip the doom switch and get BTC back down below 40k again.  Such a cruel game.  Not even the guy who tried to stop run the short sellers could do anything.  

Can’t wait for next month.  I wonder what March would bring.  I hope a healthy dose of bull and a huge amount of pump.  BTC is due for another one.

Edit:  Oh oh!  Our stop running guy is back guys!  Gooooo!!!