BTC Sentiment Poll for September

[Yaunfitda]

I don't see the price hitting to $25k though, but at the same time, $15k is overboard for me. So I would say that we maybe somewhere in between, $20k will be a good estimates. I don't see lowest low as I believed that we already hit it at $17,500. If we are going to see the floor price in this bear market, it might be next year 2023. At the same time $25k was the highest we achieved last August but it was not sustainable. And historically, September is not a good month so $20k-$21k is my best guess.

[1715503384]

1715503384

[1715503384]

1715503384

[1715503384]

1715503384

[tokeweed]

there is a divided votes , looks like this is the real sentiment of the community and the market as well because there are even fair votes in the poll.

I wanted to see bitcoin going back to 25k but it does not look it will happen this month , instead it will come in the 4th quarter and will go even high.

but actually this does not bother me because I am now ready to keep holding till the end of year.

Yeah..  Last month many people were bullish, the month before that was kinda bearish, this month it seems like we are all confused.    The votes are split in the middle as of now but we'll see how it goes in a few days.  But the real 'sentiment' isn't really accurate as we go near the end of the month, so it's prolly a good idea to lock the poll after the first week of the month.

I started the thread a few days late, I should lock the poll in a couple of days.

Anyway, get your votes in guys.  It's all for fun...  No need to be all serious about it.  Lol.

[savetheFORUM]

My thought is that we've seen the bottom already and we're on the support. $19k is likely the strong support and if it breaks down to $18k then we might see the lower of it like lower than $17k.

But whatever it will result at this month, one exciting part is what makes me think that there's more to go up to the end of this year which is always what everyone to see. And if it pass, we're now 1 year away to the halving but since this is just for September, I've voted for $25k. 

I thought the bottom is already seen? So why say that the price can fall below 17k? But for me, I think the bottom is not seen yet because if we are done with it then the price won't fall anymore but we should only see a consistent increase and some stability at better price range. You are right that there's really more to go since we still have 3 months until we finally end this year.

The reason why everyone is excited about it is because this is the last and final quarter of the year. And Usually, this is the time to tell if the the whole year is going to be a bear or if there will still be a bull run that will catch up on the last few minutes. For now, I voted for 15k.

[fzkto]

Traditionally September has been the worst month for cryptocurrencies, but since almost all months are the worst for bitcoin this year. I'll bet that September will be no better. Although I voted that the price will be around 25k, I feel more like we could see a new bottom, especially after today's moves. It seems to me that this momentum has just begun to emerge and soon the price will test the last bottom.

[livingfree]

My thought is that we've seen the bottom already and we're on the support. $19k is likely the strong support and if it breaks down to $18k then we might see the lower of it like lower than $17k.

But whatever it will result at this month, one exciting part is what makes me think that there's more to go up to the end of this year which is always what everyone to see. And if it pass, we're now 1 year away to the halving but since this is just for September, I've voted for $25k. 

I thought the bottom is already seen? So why say that the price can fall below 17k? But for me, I think the bottom is not seen yet because if we are done with it then the price won't fall anymore but we should only see a consistent increase and some stability at better price range. You are right that there's really more to go since we still have 3 months until we finally end this year.

The reason why everyone is excited about it is because this is the last and final quarter of the year. And Usually, this is the time to tell if the the whole year is going to be a bear or if there will still be a bull run that will catch up on the last few minutes. For now, I voted for 15k.

It's volatile.

We might have seen the bottom but if it breaks the price point that I've said then that's how it should be. Like right now, it has broken $19k and just went lower @ $18k.

So, at this moment. We can expect that it can go lower again. Well, pretty much interesting when bitcoin goes down again because it's another moment for the ones who are waiting for its price to be that affordable and cheaper again.

[uneng]

From 20,000$ to 18,000$ in an hour. Sharp drop in btc price looks pretty bad. It's the perfect scenario to spread panic among investors, even among the experienced ones. Without controlling emotions it's easy to think crypto market is over and to develop a depressive behavior at this moment. For many people it's advisable to leave crypto market for a while until things start improving again, otherwise they are going to suffer in a daily basis with such fluctuations in bitcoin's price. Now I'm feeling the athmosphere of 2017-2018 bearish market.

[STT]

Dollar index makes new highs doesnt help the case for higher BTC but I mostly think the longs got tired in BTC so we flaked out and went lower when it could have gone either way in theory.    Now we're lower many will assume the bias is to the downside, such as the 15k target from OP     I dont expect this in one month, however unless we recover our former price action and stay above weekly average then we do appear to have fallen through the ice and gravity leads us down.    Increase confidence as to direction is finding resistance in any attempted price recovery.

[bitterguy28]

Traditionally September has been the worst month for cryptocurrencies, but since almost all months are the worst for bitcoin this year. I'll bet that September will be no better. Although I voted that the price will be around 25k, I feel more like we could see a new bottom, especially after today's moves. It seems to me that this momentum has just begun to emerge and soon the price will test the last bottom.

indeed , if we will going back years? sepcially after halving? September seems to be the worst month considering that this is the closest to the last quarter that mostly bringing good condition to the market.
lets hope that it wont be bringing more bad this whole month as many of us are seeking for entering or getting out.

[dragonvslinux]

At least it's good to see the current neutral to bearish sentiment here. July most were bearish, and price rallied. August most were bullish (myself included I admit) and price dumped. Now the neutrality is suggesting further consolidation around $20K to $22K accumulation/distribution zone (at least in my mind). But of course the sample size is way too small to give this theory much validity, but just my opinion.

[tokeweed]

^  Yup..  I was expecting a bit more of a bearish sentiment after a bad ending of what would've been a good month.  The first half of August was good at least but staying up above was just not meant to be right now.  Too much stuff going on everywhere with most countries on the brink of a recession.  Hopefully it all turns around by the end of the year.

...  Oh and guys.  Whatever you do, don't look at BTC's rainbow chart.  You won't like it.  :/

[Lucius]

~snip~
Too much stuff going on everywhere with most countries on the brink of a recession.  Hopefully it all turns around by the end of the year.

It is not bad to be optimistic, but the reality is something completely different, although different people from different countries always have different opinions and views on what is happening around us. It is difficult to expect that inflation will stop, especially by the end of the year, and that something more significant will change during the next year. The world is in a big problem, and I am afraid that it will take years to recover, and that if there is a real desire to do so.

The best thing we can do is not to expect too much, because then you will not be disappointed with what will happen. If Bitcoin maintains its current value or increases it by 15-20% by the end of the year, I consider it a success all things considered.

[cabron]

September is always been a good month for BTC. But this could be the first time that it may stumble and disappoint the month. 

Yup there is just too much going on like protest everywhere and Putin shut the Nordstream completely.  Feels like time is ticking and something worse will come.

[Reid]

My vote is for $25,000. I love being optimistic about the market when the Ber months come. Sure, we are in a bad economy and inflations happening in different countries, but I still think people find ways at where they would like to invest their Christmas bonus instead of going to waste with spending it for unnecessary things.
If it's not September, then it must be in October. I wish.

[Baofeng]

September is always been a good month for BTC. But this could be the first time that it may stumble and disappoint the month. 

Not sure about it though, in a bear cycle year, September seems to be negative just like any other months. So I won't be surprised if this is still a disappointment for us.

Yup there is just too much going on like protest everywhere and Putin shut the Nordstream completely.  Feels like time is ticking and something worse will come.

Of course, the war has brought negativity around the world so expect the worst is going to come. The US economy s also not doing good, and then the effect on EU.

So we might see another leg down for this month, not necessarily be another lower lows.

[el kaka22]

It's a shame that people started to think that 15k would be closer due to a few bad days, we could have a few good days and not only be close to 25k but could even reach there. People are way too non-supportive of bitcoin and its price increases, we shouldn't consider it being like a bear market forever type of deal, we are not crashing and burning, it is just a bad day and it will be over quickly.

I still have hopes that by the end of the month we are going to be closer to 25k than we are closer to 15k, that is not changing. I know we have waited for nearly a full year since the last ATH, but wait a little longer and we are going to start seeing a huge bull run very soon, like 40k+ levels of bull run.

[LogitechMouse]

Looks like most people are having a sentiment that Bitcoin will go down to $15,000.
I'm at the opposite side or at least I'm one of the few people here that believes that Bitcoin will not reach $15,000 regardless of what is happening right now.

The start of September is bad because it went down below $20,000 and has been there for days already but nevertheless, for some reasons I don't believe that Bitcoin will reach the $15,000 level but at the same time, I don't also believe that it will reach the $25,000 price range as well. Near $20,000 might be the best option because I believe that Bitcoin will go above $20,000 by the end of the year and it can happen realistically .

Well, it's understandable that people are very bearish as of this moment because we are in a bear market but at the end of the day, we are all speculating .

[Beparanf]

October usually the start of Bull market even on previous years. It’s logical that Bitcoin price should plummet first before it will gain a strong momentum for bullish movement. Technical Analysis suggest that we might see another low which is lower than 17,500 or 15,000. This is necessary to have a strong foundation and shake off all the pleb traders that gaining on small movement of the market. Having a dump near 10,000$ is a strong foundation for a longer bullish cycle rather than having a short price pump too often.

[Wexnident]

I'm more on the stance that we'd end up at around $22,23k levels. We had a pretty good half month last month, ended up going down at the end though so I don't exactly expect the market to have any big moves, a neutral increase to above $20k would be at most what I would go for. I don't think we'd end up going down to $15k though, hopefully. The past week has had its dip but the market pretty much went back up to where it was before the said dip.

[Kemarit]

It's a shame that people started to think that 15k would be closer due to a few bad days, we could have a few good days and not only be close to 25k but could even reach there. People are way too non-supportive of bitcoin and its price increases, we shouldn't consider it being like a bear market forever type of deal, we are not crashing and burning, it is just a bad day and it will be over quickly.

I guess people vote on what is the current sentiment are. We also have good days last August, the price move to $25,000 and if I'm not mistaken 2x-3x. But it was not maintain and then it went to a lows of $18,000 because of pressure from the bears.

So most likely they voted based on that run. And who knows, maybe we will reach $25,000 again and goes on another rally to $28k. But so far, we even had a hard time to breach $20,000. So that is the first barrier that we have to go through this month.

[Oasisman]

Judging on Btc price action since the huge dip, it looks like Btc did not hit $25k nor drop below $15k after that.
So, I have not seen any relevant new that would potentially create a Bitcoin run. I believe we still continue to see Btc price going back and forth around $21k - $17k or 18k. Just like what we usually see these days.
On the brighter side even if Btc falls $15k or below, that will be a huge opportunity for everyone to accumulate though.