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Question: Is BTC entering a bear market right now?
Yes - 7 (23.3%)
No - 16 (53.3%)
No idea - 7 (23.3%)
Total Voters: 30

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Author Topic: BTC Sentiment Poll for April  (Read 624 times)
peter0425
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April 27, 2022, 09:56:32 AM
 #81

If we return to 2021 or a year ago, the price of today is more than $ 60k, of course this is common because the fluctuations in bitcoin prices are very high, and it seems that the price of April 2021 cannot be repeated in 2022 but I am optimistic that the price record of the year 2021, which is around $ 69k, we will be able to pass in 2022.
Well we cannot compare the price of 2021 and 2022 because remember that 2021 is the year when the Halving of Miners in Bitcoin starts to celebrate and gathering their profit and benefits.
but 2022? FUD starts to arise and the War starts to break the OIL reserves of the world and now making the complications for the world economy.
I think that this April all we can have is that 48,000 and we are hardly see the 50k breaking .
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April 27, 2022, 05:15:13 PM
 #82

I have a feeling that tomorrow the market will be even redder than today. Right now we can see that bitcoin price has been manipulated for several hours. First the price went up to almost 40k and then it went down sharply to 39k. It feels like the manipulators want to cheat everyone once again. I wouldn't be surprised if the price goes below 39k again tonight. But I would like to be wrong.

Are there really manipulators in btc market? Remember, to move this market, you need large amount of money to see the effect on its trend. Maybe, it is just the general sentiment that we are seeing here. When people are seeing that btc is going down below 40k, some are selling their satoshis before it goes down even further. But this may be short duration only, we may see it going up again anytime soon.
There are always whales which can manipulate the price, now it is true that this is easier in the altcoin market and that the bitcoin market due to is volume and liquidity is way harder to manipulate, but that does not mean that it is impossible to do so, after all whales need bitcoin to manipulate the market, so if they got early on when bitcoin could be bought for less than a dollar and they join hands with other whales then they could move the market on their desired direction.
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April 29, 2022, 09:06:30 AM
 #83

Bitcoin has been moving between those levels for some time and the market lacks the strength to break away from them, but at the same time there is not much of a chance for the price to get lower because institutional investors will load on all the bitcoin they can if the price drops too much, so we are trapped in a limbo from which the price cannot escape and the more time it passes in which we are under those circumstances then the more difficult it would seem for some people that we can breakaway from those levels.

               Indeed. The price is trapped in these ranges and I assume it will be at least till the end of this month or the first week of May. I am assuming that just like in the recent years, the month of May will be the month that would make us see more action in the market. Hopefully though, not an extreme downside. But yes, this is very likely to happen. Keeping my portfolio strict at the moment only holding assets that are very significant in my views and have prepared stablecoins just in case I need to DCA on these coins I currently hold.


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April 29, 2022, 09:58:26 AM
 #84

Bitcoin has been moving between those levels for some time and the market lacks the strength to break away from them, but at the same time there is not much of a chance for the price to get lower because institutional investors will load on all the bitcoin they can if the price drops too much, so we are trapped in a limbo from which the price cannot escape and the more time it passes in which we are under those circumstances then the more difficult it would seem for some people that we can breakaway from those levels.

               Indeed. The price is trapped in these ranges and I assume it will be at least till the end of this month or the first week of May. I am assuming that just like in the recent years, the month of May will be the month that would make us see more action in the market. Hopefully though, not an extreme downside. But yes, this is very likely to happen. Keeping my portfolio strict at the moment only holding assets that are very significant in my views and have prepared stablecoins just in case I need to DCA on these coins I currently hold.
mostly the whole 2nd quarter is a none responding month meaning even till June we cannot expect a good movement guys , I have seen this scenario almost yearly and at least every After having year.
so best to check this the occasion after 2nd quarter as mostly ? 3rd to 4th quarter is the benefiting month and the Hyping season .
I may not take this month as profitable ? though in the beginning of April price reached 48,000 again.









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April 29, 2022, 10:30:58 AM
 #85

There is only one day left until the end of April, and that will be Saturday. Right now bitcoin remains in the red zone, contrary to expectations, and I don't think the situation will change much today and tomorrow. So this year and last year April turned red for the second time in a row, though historically it was more positive for the cryptocurrency than negative. Hopefully, May will bring us the long-awaited growth.

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April 29, 2022, 03:40:48 PM
 #86

There is only one day left until the end of April, and that will be Saturday. Right now bitcoin remains in the red zone, contrary to expectations, and I don't think the situation will change much today and tomorrow. So this year and last year April turned red for the second time in a row, though historically it was more positive for the cryptocurrency than negative. Hopefully, May will bring us the long-awaited growth.
Yes, last year the market was red but the current downtrend of the Bitcoin market has nothing to do with the month and if the huge number of Bitcoin bought by MicroStrategy and Terra didn't show an impact on the market. I think it is a sign that BTC has entered a bear market and we ought to have experienced the bearish trend since the last month of the year 2021 although the bear may not last long the way it was some years ago.

In the meantime, let's wait and see the market's next trend since we're dealing with a high volatile market.


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April 29, 2022, 06:11:36 PM
 #87

It's not looking too bad but it's not looking too good either in the monthly.  And it feels like it's just another couple of red monthly candles to confirm a bear market.  I see some mixed forecasts itt.  I guess it'll take a huge sell down under 30k before everybody finally concedes it's a bear market...?

With everything going on around the world, it's hard to be bullish tbh.


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April 30, 2022, 02:23:52 AM
 #88

mostly the whole 2nd quarter is a none responding month meaning even till June we cannot expect a good movement guys , I have seen this scenario almost yearly and at least every After having year.
so best to check this the occasion after 2nd quarter as mostly ? 3rd to 4th quarter is the benefiting month and the Hyping season .
I may not take this month as profitable ? though in the beginning of April price reached 48,000 again.

               With all the crap that's been happening in our world, I expect may to really cause a dump. I could be wrong but there definitely will be a significant move in may. Usually, I dump in may and walk away then wait for better market conditions to buy. Of course except for btc and a few selected altcoins that I really like or the ones that are staked or on yield. But hey, that's your take and I respect that. I just prefer to be more cautious now than in the past. Still awaiting for June though because if market conditions are good by then, I might repurchase some alts that I have let go of or add more to the ones I already have.


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April 30, 2022, 03:59:50 AM
 #89

There is only one day left until the end of April, and that will be Saturday. Right now bitcoin remains in the red zone, contrary to expectations, and I don't think the situation will change much today and tomorrow. So this year and last year April turned red for the second time in a row, though historically it was more positive for the cryptocurrency than negative. Hopefully, May will bring us the long-awaited growth.
There is no chance for Bitcoin to show a green graph that is centered in April, because April does not show any changes for Bitcoin, the red zone is still in the market and the return situation to the green lane does not allow in the near future, especially since April only only 1 remains only 1 remains 1 Day, even I am also not very sure for next month Bitcoin will get an exception to growth, because if the market does not change, then the possibility of bitcoin will not occur
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April 30, 2022, 07:07:45 AM
 #90

april is lapsing now  yet there are still rumor that this Bear market will come but nothing happens , though this is just second quarter and there is a lot of thing to happen .

 I wanna believe that we will not seeing any dropping below 30k again(though this only happens once and in small drops like 29k)  and i wanna believe that the maintaining value till end year is 50k , readying for what will come in the 2023 as the halving is near at 2024 .


I am still Bull for the year we have now but not too confident lol.

There is only one day left until the end of April, and that will be Saturday. Right now bitcoin remains in the red zone, contrary to expectations, and I don't think the situation will change much today and tomorrow. So this year and last year April turned red for the second time in a row, though historically it was more positive for the cryptocurrency than negative. Hopefully, May will bring us the long-awaited growth.
There is no chance for Bitcoin to show a green graph that is centered in April, because April does not show any changes for Bitcoin, the red zone is still in the market and the return situation to the green lane does not allow in the near future, especially since April only only 1 remains only 1 remains 1 Day, even I am also not very sure for next month Bitcoin will get an exception to growth, because if the market does not change, then the possibility of bitcoin will not occur
at least surely you are posting about April when this is already the End of the month?  Grin

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April 30, 2022, 03:30:31 PM
 #91

mostly the whole 2nd quarter is a none responding month meaning even till June we cannot expect a good movement guys , I have seen this scenario almost yearly and at least every After having year.
so best to check this the occasion after 2nd quarter as mostly ? 3rd to 4th quarter is the benefiting month and the Hyping season .
I may not take this month as profitable ? though in the beginning of April price reached 48,000 again.

               With all the crap that's been happening in our world, I expect may to really cause a dump. I could be wrong but there definitely will be a significant move in may. Usually, I dump in may and walk away then wait for better market conditions to buy. Of course except for btc and a few selected altcoins that I really like or the ones that are staked or on yield. But hey, that's your take and I respect that. I just prefer to be more cautious now than in the past. Still awaiting for June though because if market conditions are good by then, I might repurchase some alts that I have let go of or add more to the ones I already have.

Yup I've been seeing some traders at CT starting to say that we should 'sell on May and stay away'.  That's funny and I'll prolly use that as some sort of theme for the May sentiment thread.  And with that thought in my mind, we'll see...  30k is still holding strong.  And who knows, BTC could see a bounce in May and give everybody more hope for another all time high.  Can't wait to hear everybody's thoughts.

R


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Silberman
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April 30, 2022, 05:18:21 PM
 #92

mostly the whole 2nd quarter is a none responding month meaning even till June we cannot expect a good movement guys , I have seen this scenario almost yearly and at least every After having year.
so best to check this the occasion after 2nd quarter as mostly ? 3rd to 4th quarter is the benefiting month and the Hyping season .
I may not take this month as profitable ? though in the beginning of April price reached 48,000 again.

               With all the crap that's been happening in our world, I expect may to really cause a dump. I could be wrong but there definitely will be a significant move in may. Usually, I dump in may and walk away then wait for better market conditions to buy. Of course except for btc and a few selected altcoins that I really like or the ones that are staked or on yield. But hey, that's your take and I respect that. I just prefer to be more cautious now than in the past. Still awaiting for June though because if market conditions are good by then, I might repurchase some alts that I have let go of or add more to the ones I already have.
At this point I would not be surprised by anything that bitcoin does because it is in fact that difficult to read the market conditions at the moment, after all as you state it would be reasonable for the price to go down due to all of what is happening around the world, however just as that scenario is possible, the price could remain ranging and going nowhere as well since any attempt by the bears to drop the price will make institutional investors to take a stance and defend bitcoin and its current price.
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May 01, 2022, 07:10:02 AM
 #93

Yup I've been seeing some traders at CT starting to say that we should 'sell on May and stay away'.  That's funny and I'll prolly use that as some sort of theme for the May sentiment thread.  And with that thought in my mind, we'll see...  30k is still holding strong.  And who knows, BTC could see a bounce in May and give everybody more hope for another all time high.  Can't wait to hear everybody's thoughts.
Why may though? Like why did they picked May as a bad month to trade? I personally understand the logic of picking a month, but I always ask them why May. For example, last year it was a bad month, but a year before that it was a good month, there is no sustainable reason why it's a bad month.

I get the December good month logic, even though in 2018 it dropped, most years it goes up in that month but May doesn't seem to have that type of common drop to make it a bad month. In any case, I do not believe it myself, I believe each new day is a brand new day and shouldn't be looked at from the past movements and should be considered as a new month.

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May 01, 2022, 01:11:21 PM
 #94

April ended bearish falling below $38k. Technical analysis still reveals further bear push leaving bitcoin no chances of recovery. We are yet to see the effect of musk's purchase of twitter on bitcoin because rumors are that he might choose to implement bitcoin or doge payment on twitter account although source not verified but the hypotheses might have effect who knows

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May 01, 2022, 01:29:19 PM
 #95

april is lapsing now  yet there are still rumor that this Bear market will come but nothing happens , though this is just second quarter and there is a lot of thing to happen .

 I wanna believe that we will not seeing any dropping below 30k again(though this only happens once and in small drops like 29k)  and i wanna believe that the maintaining value till end year is 50k , readying for what will come in the 2023 as the halving is near at 2024 .


I am still Bull for the year we have now but not too confident lol.

There is only one day left until the end of April, and that will be Saturday. Right now bitcoin remains in the red zone, contrary to expectations, and I don't think the situation will change much today and tomorrow. So this year and last year April turned red for the second time in a row, though historically it was more positive for the cryptocurrency than negative. Hopefully, May will bring us the long-awaited growth.
There is no chance for Bitcoin to show a green graph that is centered in April, because April does not show any changes for Bitcoin, the red zone is still in the market and the return situation to the green lane does not allow in the near future, especially since April only only 1 remains only 1 remains 1 Day, even I am also not very sure for next month Bitcoin will get an exception to growth, because if the market does not change, then the possibility of bitcoin will not occur
at least surely you are posting about April when this is already the End of the month?  Grin
I said earlier that even in the next month bitcoin is very difficult to go to the moon, the connected red zone is not yet visible for recovery, the market is still in its previous state, it is likely to reach high prices for bitcoin in the middle or end of the year, if last year's scheme is repeated for the year this
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