BTC Sentiment Poll for July

[tokeweed]

First of all, this thread is all about fun and games.  Let's not take this guessing game too seriously and let's not take ourselves too seriously.  One thing I've noticed is a lot of people in here want to look smart or wants to have a bit of clout in the forum.  C'mon we're all the same here.  Second, there's no escape this time.  Just answer with a 'yes' or a 'no'.  None of that 'no idea' bs.    Let's make it fun!

So yeah.. based on what you see here in this chart, please answer the poll.

[1713954613]

1713954613

[bittraffic]

Yes. The market is grilling.

[hugeblack]

July will not be enthusiastic because there is not a lot of bad news, so I personally do not expect a change from the same current prices, neither positively nor negatively, but we need to see some green after the previous bloodbaths.

The real change will be in the month of August to the end of October, in which we may witness either levels below 15K or above 30k, although these analyzes are not supported by anything that is my intuition.

In general, I hope that what happened in June will not be repeated

[Coyster]

No i do not think that BTC will drop below the 13k-14k range in July, i also do not have any reasons/analysis backing up what i just said, even if i had i don't think it would be necessary to post them, the thread is for fun sentiments/speculations after all .

[fzkto]

My predictions for May and June did not come true. Every month I thought bitcoin would bounce back up, but it fell harder every month. For July I am even more confident that a bounce will definitely happen this month, although if I stick to my past predictions, there will be a bigger drop in July.

[STT]

I'm going to be rude and ignore the exact framing for the time at which we do such event.   Can a sharp price drop occur at some point and scare people like the rollercoaster ride that BTC is, sure it can.   But Im not especially negative overall, I dont see 2022 as some terrible unforeseen event.  Its not a 50 year storm, a harsh pullback that cuts to the bone is just what you need to be ready for and plenty people were wearing flip flops instead of chainmail.
  It hurts but its not massively out of character and consider the depths and extremes of events in 2022 with the reemergence of nuclear war in prospect, it aint a happy time so yea we fell back tough as that is.  Volatility is the norm

based on what you see here in this chart

The more points of contact the greater the trend validity so always take the most commonly confirmed level or trend as the most likely to stand long term.    When or if we break these levels the price accelerates usually.

[DoublerHunter]

Do you think BTC will drop down to 13k - 14k USD range?

^ No, call me what you want but I believe it will not down beyond $15k within this month of July.
Unfortunately, I don't have a chart to show to support my prediction, that is how my faith in BTC worked and I believed in it.
Probably the FUD was still there even though we know whales are starting buying now like in El Salvador. Dont make them laugh if you sell it at a cheap price.

[Wilhelm]

80% of the internet thinks BTC will go down, therefore it will go up...

BTC == honeybadger

[Slow death]

I voted NO, but I have to say that if they told me to buy now I would simply buy with a condition of placing a stop-loss at 17000$, in my opinion I only believe that we would see the price drop to 13000 - 14000$ if the price drops below 17000 $, as long as it is above 17000$ then there is still hope that it will break 22000$ and go back to 30,000$, of course if this war that Russia is waging does not give a truce then the whole market will be doomed and bitcoin is no exception, I do not expect anything good for july and this year

80% of the internet thinks BTC will go down, therefore it will go up...

BTC == honeybadger

in the past this was the trend, but from what I see people are getting it right, when the price was 30,000$ many people said: " it will drop to 17000$ " and it dropped to 17000$

[BitcoinPanther]

Shutting all the news and other sources except on the graph.  I think yes. If we assume that history repeat itself then the year 2023 can be referred to year 2019 of the previous cycle.  It goes down by 80% so by the year 2023 it is possible that BTC will go down to $14k.  So yes, according to the graph (but I already voted no before I read the OP.)

[sheenshane]

Because of this, I voted NO.

source:

There could be a correction right now but I don't think it will fall down in that range.
Another factor is that I don't see any negative news that can affect the Bitcoin price, instead, it's possible other countries will do the same as El Salvador did which is the reason we're possible back to the bullish trend.

[dansus021]

well, i voted no cause i don't want to bitcoin touch that price   that is the biggest support I ever seen on your chart, if broke that we done right although I just open my chart hourly with session break and we can see that bitcoin can't even break near resistance at 20.3 Zone or stable at that zone

[adaseb]

I am pretty sure we will go sideways for most of July. Even the stock market is looking pretty boring right now. Very little volatility.

Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.

[fortuner]

I am pretty sure we will go sideways for most of July. Even the stock market is looking pretty boring right now. Very little volatility.

Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.

I think with you the stock market today is very lonely and saturated because many of them are turning to gold earnings.
Maybe in early september we look forward to seeing all the changes in the crypto market and hope that everything is as we dreamed of all this time and get out of the hot market.

[btc78]

Still YES , we have bottomed at 17k in June , and now we are falling more because the dumping season wasn't stops here as we are still in the bad year for crypto.

and having been in the recent ATH? maybe more of the losing year is what 2022 may brings.

Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.

Indeed , I know   that 3rd quarter is far more bad than what the 2nd quarter is.

[bbc.reporter]

My vote would be similar to the polls before this. No idea. Without this I want to show everyone that I am not a pessimistic antagonzier and I voted no hehehehe. However, if someone like Elon Musk becomes a marginal seller and dumps bitcoin to $14,000, it will certainly be a chance to buy and expect a quick reversal.

[Captain Corporate]

There will of course be plenty of people who will feel hopeless about the current situation. That doesn't mean to say that we will go up for sure, but the amount of people who will think that we will go up, will be not as much as previous months. We were at "will it go down under 27k" last month, now we are talking about 13-14 so it is clear that we lost some hype in bitcoin. Hopefully we will be doing a lot better soon, so that people would have some more hope. Thankfully its not needed that millions would need to believe in bitcoin, even one person who has a good chunk of money to buy bitcoin would change everything.

[Wilhelm]

I am pretty sure we will go sideways for most of July. Even the stock market is looking pretty boring right now. Very little volatility.

Most people are enjoying the summer and not in front of a computer trading. I think September is when the real fun will start with stocks and crypto.

The accumulation phase is meant to bore people out of the market.
I remember these boring periods from the other cycles.

[GeorgeJohn]

The measure is that using the previous years market analysis to analyze this present year, it will bring contradiction in some extent. Because from those years that's both making positive report and the positive situation is recommendable or higher the negative situation, can't be used to analyze this year indecencies that their is numerous positive informations in those days or years, but this year theirs alot of mislead of informations of cryptocurrency. So in summary, Bitcoin is not expected for it's decrement to encroach to twelve thousand (12k).

[Gozie51]

Looking at the position of the price on the chat at $19,227, you will still be expecting that the price will still drop down more with the way is looking but anything can happen and the price may stay there or begin the pull back. The whales are gradually buying for another direction up, like El Salvador stocking up for the future. I believe the sentiment is still for bear but this is a fluctuating levels that can not be predicted.