BTC Sentiment Poll for September

[tokeweed]

^  Yup...  From the looks of it, it's not looking good right now.  And if it does end up closing around the range near 15k, I don't think we could discount that it could close near 12k in the coming months.  This sucks.  I never thought BTC would go this low and start entertaining the idea that 12k is possible.

... As for the poll, who knows.  There's still 10 days left until the month ends.  There's always a chance BTC could close above 20k.

[1714272489]

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[1714272489]

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[beerlover]

Without a doubt it seems way more likely that we are going to close below be 20k level at the end of September, even if a great deal of the people in this forum would like for bitcoin to close above that level we are not numerous enough to influence the price to go up in such a short amount of time, now it is true that the volatility of bitcoin is huge and as such this could happen, but when I take a look at how the price has been moving recently I think it makes more sense that at the end of the month the price is closer to the 15k level than the 25k level.

Unfortunately we do not have the power to change the price, or at least we are not organized enough. There are many people here, people who own websites, news sites, casinos and even exchanges, which means that if all of bitcointalk members who wants bitcoin to go up got together somehow, and decide to pump it somehow, then we could afford to make it go up, not just by buying, we would be able to do that as well but by hyping it as well, and if we did that it would work.

But unfortunately we are disorganized and we do not move like a unit, and that is why it doesn't end up being a good return for anyone, obviously it is normal for us to not get organized like that, but it is sad to know we could, but we won't.

[TravelMug]

^  Yup...  From the looks of it, it's not looking good right now.  And if it does end up closing around the range near 15k, I don't think we could discount that it could close near 12k in the coming months.  This sucks.  I never thought BTC would go this low and start entertaining the idea that 12k is possible.

... As for the poll, who knows.  There's still 10 days left until the month ends.  There's always a chance BTC could close above 20k.

But with the new fed rate hike looming, the crypto market has suffered another bleeding in the last 24 hours. And the price currently is below $19k again. Hopefully, we won't get to the levels of $15k as what some voters put in this poll.

And if I'm not mistaken, there is a bitcoin future contract expiration near the end of the month? So this could be another factor that could bring the price down again. So who knows, $20k is the support line that we wanted to maintain, unfortunately, this month it's getting harder by the day to go to that price because of so much selling going on because of the negative news.

[yudi09]

^  Yup...  From the looks of it, it's not looking good right now.  And if it does end up closing around the range near 15k, I don't think we could discount that it could close near 12k in the coming months.  This sucks.  I never thought BTC would go this low and start entertaining the idea that 12k is possible.

... As for the poll, who knows.  There's still 10 days left until the month ends.  There's always a chance BTC could close above 20k.

The number of days in September means that there are only 8 days left. Bitcoin is currently at $19k. The highest Bitcoin price in seven days is $20.18K.
If you look at the price statistics in 1m, 8 days is not a long time for Bitcoin to reach the price as stated in the vote you submitted.



Regardless of your analysis, Bitcoin can still reach and even exceed the highest price that happened in September.

[Welsh]

But with the new fed rate hike looming, the crypto market has suffered another bleeding in the last 24 hours. And the price currently is below $19k again. Hopefully, we won't get to the levels of $15k as what some voters put in this poll.

While this is definitely playing into people's minds when buying/selling Bitcoin. This is likely to be very short term. People will get over it in the longer term. So, while September is looking rather grim at the moment, I suspect in the next poll we'll see some more positivity. I don't know how long it'll take to get out of this slump since there's a number of things going on that's basically effected every single economy out there. However, I still remain positive that next year we'll be resting at a slightly higher amount than we are here.

The long term, I've still got a extremely positive outlook on things, despite our setbacks this year.

[Fundamentals Of]

The end of September, of this ghost month, might not really be as horrifying as it seemed when the month just started. I guess September would just be another ordinary month following the equally bearish August. I think the price would still play around $20,000. Bitcoin wouldn't probably rally towards $25,000 but won't also fall too far toward $15,000. I think things would remain to fluctuate along the middle of both amounts.

[Silberman]

Without a doubt it seems way more likely that we are going to close below be 20k level at the end of September, even if a great deal of the people in this forum would like for bitcoin to close above that level we are not numerous enough to influence the price to go up in such a short amount of time, now it is true that the volatility of bitcoin is huge and as such this could happen, but when I take a look at how the price has been moving recently I think it makes more sense that at the end of the month the price is closer to the 15k level than the 25k level.

Unfortunately we do not have the power to change the price, or at least we are not organized enough. There are many people here, people who own websites, news sites, casinos and even exchanges, which means that if all of bitcointalk members who wants bitcoin to go up got together somehow, and decide to pump it somehow, then we could afford to make it go up, not just by buying, we would be able to do that as well but by hyping it as well, and if we did that it would work.

But unfortunately we are disorganized and we do not move like a unit, and that is why it doesn't end up being a good return for anyone, obviously it is normal for us to not get organized like that, but it is sad to know we could, but we won't.

While I think you have a point when you say that the members of this forum have enough power to make the price of bitcoin to go up if they were able to organize themselves, at the same time I think it will be a mistake to do something like this, it is better to let the price of bitcoin to move naturally without trying to make any kind of manipulation, because at the end it does not matter how powerful we are as a group since at some point the money is going to run out and a crash will be inevitable at that point.

[Baofeng]

The end of September, of this ghost month, might not really be as horrifying as it seemed when the month just started. I guess September would just be another ordinary month following the equally bearish August. I think the price would still play around $20,000. Bitcoin wouldn't probably rally towards $25,000 but won't also fall too far toward $15,000. I think things would remain to fluctuate along the middle of both amounts.

True, if we look at the polls, $15k is what we thought that price will be this ghost month. But we did close to it, or not. $18k was the lowest, give or take. And then we have a good moment today, thanks to the news about XRP which has a trickle effect to the whole crypto market, bitcoin goes above $19k again.

But we still have a couple of days before we officially closes this month, so we might be around $19k-$20k and yes, it just could be the normal bear  months that we have been experiencing.

[BobK71]

The end of September, of this ghost month, might not really be as horrifying as it seemed when the month just started. I guess September would just be another ordinary month following the equally bearish August. I think the price would still play around $20,000. Bitcoin wouldn't probably rally towards $25,000 but won't also fall too far toward $15,000. I think things would remain to fluctuate along the middle of both amounts.

True, if we look at the polls, $15k is what we thought that price will be this ghost month. But we did close to it, or not. $18k was the lowest, give or take. And then we have a good moment today, thanks to the news about XRP which has a trickle effect to the whole crypto market, bitcoin goes above $19k again.

But we still have a couple of days before we officially closes this month, so we might be around $19k-$20k and yes, it just could be the normal bear  months that we have been experiencing.

September of last few years and September of 2022 are not the same. The current month of September is passing through various adverse conditions. Bitcoin is also forced to fall below $19K due to bearish cryptomarkets. Moreover, various negative Fed statements are bound to keep the cryptomarket under more pressure. However, since September is almost at the end, we can see the crypto market in a bit of an uptrend in the coming month. Probably it will be above $20K with in next month.

[Fundamentals Of]

The end of September, of this ghost month, might not really be as horrifying as it seemed when the month just started. I guess September would just be another ordinary month following the equally bearish August. I think the price would still play around $20,000. Bitcoin wouldn't probably rally towards $25,000 but won't also fall too far toward $15,000. I think things would remain to fluctuate along the middle of both amounts.

True, if we look at the polls, $15k is what we thought that price will be this ghost month. But we did close to it, or not. $18k was the lowest, give or take. And then we have a good moment today, thanks to the news about XRP which has a trickle effect to the whole crypto market, bitcoin goes above $19k again.

But we still have a couple of days before we officially closes this month, so we might be around $19k-$20k and yes, it just could be the normal bear  months that we have been experiencing.

No, we still have a lot more than just a couple of days before September officially closes. There is still a week left at least. A lot of things could still happen within this final week. But if there isn't anything surprising that would significantly affect the market, I don't think there will be a big rally or a big fall. We'll probably just be closing this ghost month and head on to October with the price not moving much, probably just around $20,000.

The big movements will probably come in the last quarter.

[tokeweed]

^  Yup...  From the looks of it, it's not looking good right now.  And if it does end up closing around the range near 15k, I don't think we could discount that it could close near 12k in the coming months.  This sucks.  I never thought BTC would go this low and start entertaining the idea that 12k is possible.

... As for the poll, who knows.  There's still 10 days left until the month ends.  There's always a chance BTC could close above 20k.

But with the new fed rate hike looming, the crypto market has suffered another bleeding in the last 24 hours. And the price currently is below $19k again. Hopefully, we won't get to the levels of $15k as what some voters put in this poll.

And if I'm not mistaken, there is a bitcoin future contract expiration near the end of the month? So this could be another factor that could bring the price down again. So who knows, $20k is the support line that we wanted to maintain, unfortunately, this month it's getting harder by the day to go to that price because of so much selling going on because of the negative news.

Yeah sucks...  Anyway, US session starts in an hour and it looks like it's going to open red again.  I was gonna wait til the next month's sentiment thread to ask and make a poll but I couldn't wait...  Check this out.

You guys think there's a high chance we get another leg down or nah?  With all the stuff that's going on, I'd say yes.  But then again it's the bottom of the range and it could bounce just like the last time at June...  What do you guys think?



Edit:  Locked the poll.

[FanEagle]

September of last few years and September of 2022 are not the same. The current month of September is passing through various adverse conditions. Bitcoin is also forced to fall below $19K due to bearish cryptomarkets. Moreover, various negative Fed statements are bound to keep the cryptomarket under more pressure. However, since September is almost at the end, we can see the crypto market in a bit of an uptrend in the coming month. Probably it will be above $20K with in next month.

I would say it wasn't really that much of a big difference. September of last year was a period when we were low as well, go ahead and check the price, it was under 30k, and in October we were over 60k, which shows you that it took us just one month to go 2x and that is something we have the power to do at any time. This is why I believe that we should be focusing on the future, not the current situation.

This means that we shouldn't really be worried about this deal at all, I am not really worried about the current price, it may look bleak for the time being but just one big increase and we would be able to see it doing a lot better in the future.

[Welsh]

Yeah sucks...  Anyway, US session starts in an hour and it looks like it's going to open red again.  I was gonna wait til the next month's sentiment thread to ask and make a poll but I couldn't wait...  Check this out.

You guys think there's a high chance we get another leg down or nah?  With all the stuff that's going on, I'd say yes.  But then again it's the bottom of the range and it could bounce just like the last time at June...  What do you guys think?



Edit:  Locked the poll.

I don't know. I'm not even sure how much of an influence these US decisions will have. I'm so used to US news dominating the news (seriously I know more about what's happening in the US, than the UK), that I've always thought that basically anything that happens in the US changes the way we think worldwide. I'm hoping that's not the case with Bitcoin, it shouldn't be highly dependant on the US market, although I'm likely just kidding myself there.

Obviously, the  fear from it will have an effect, but I'm hoping that even in the short term people just ignore it, and carry on how they were. Obviously, the recession is goinng to limit that normal routine quite a bit, but I've also noticed that generally people become outraged, scared or excited, and then it quickly passes. I've described this as the goldfish attention span in the past, and that's what I'm hoping happens with Bitcoin, after these announcements. The thing is with the recession you're in it, so you're constantly feeling it. These announcements which are partly related, but I do believe the build up to these discussions are much worse for Bitcoin, than the actual verdict. If that makes any sense at all. Obviously, I'm not involved as much in American happenings.

[Silberman]

September of last few years and September of 2022 are not the same. The current month of September is passing through various adverse conditions. Bitcoin is also forced to fall below $19K due to bearish cryptomarkets. Moreover, various negative Fed statements are bound to keep the cryptomarket under more pressure. However, since September is almost at the end, we can see the crypto market in a bit of an uptrend in the coming month. Probably it will be above $20K with in next month.

I would say it wasn't really that much of a big difference. September of last year was a period when we were low as well, go ahead and check the price, it was under 30k, and in October we were over 60k, which shows you that it took us just one month to go 2x and that is something we have the power to do at any time. This is why I believe that we should be focusing on the future, not the current situation.

This means that we shouldn't really be worried about this deal at all, I am not really worried about the current price, it may look bleak for the time being but just one big increase and we would be able to see it doing a lot better in the future.

While you are right and those which are long term holders have nothing to worry about, the truth is that those which invested during the all time high 10 months ago are going to have a lot of problems holding their coins even if they know this, after all even if we know that eventually a new bull run will come once we get closer to the halving, we are still very far away from that day and as such they could sell their coins out of desperation, as the market will take a long time before it recovers.

[BobK71]

The end of September, of this ghost month, might not really be as horrifying as it seemed when the month just started. I guess September would just be another ordinary month following the equally bearish August. I think the price would still play around $20,000. Bitcoin wouldn't probably rally towards $25,000 but won't also fall too far toward $15,000. I think things would remain to fluctuate along the middle of both amounts.

True, if we look at the polls, $15k is what we thought that price will be this ghost month. But we did close to it, or not. $18k was the lowest, give or take. And then we have a good moment today, thanks to the news about XRP which has a trickle effect to the whole crypto market, bitcoin goes above $19k again.

But we still have a couple of days before we officially closes this month, so we might be around $19k-$20k and yes, it just could be the normal bear  months that we have been experiencing.

No, we still have a lot more than just a couple of days before September officially closes. There is still a week left at least. A lot of things could still happen within this final week. But if there isn't anything surprising that would significantly affect the market, I don't think there will be a big rally or a big fall. We'll probably just be closing this ghost month and head on to October with the price not moving much, probably just around $20,000.

The big movements will probably come in the last quarter.

A table trend of btc $18k to $20K is being observed for September month. There is no assumption of making large movement. Only 4 days left for this month. However, BTC may rise slightly in the coming month of October. But it is easy to understand that the price will not be too high. We are already seeing the Ukraine Russia war take a new turn with the threat of using nuclear weapons. Nothing good can be expected at that moment.

[Fundamentals Of]

The end of September, of this ghost month, might not really be as horrifying as it seemed when the month just started. I guess September would just be another ordinary month following the equally bearish August. I think the price would still play around $20,000. Bitcoin wouldn't probably rally towards $25,000 but won't also fall too far toward $15,000. I think things would remain to fluctuate along the middle of both amounts.

True, if we look at the polls, $15k is what we thought that price will be this ghost month. But we did close to it, or not. $18k was the lowest, give or take. And then we have a good moment today, thanks to the news about XRP which has a trickle effect to the whole crypto market, bitcoin goes above $19k again.

But we still have a couple of days before we officially closes this month, so we might be around $19k-$20k and yes, it just could be the normal bear  months that we have been experiencing.

No, we still have a lot more than just a couple of days before September officially closes. There is still a week left at least. A lot of things could still happen within this final week. But if there isn't anything surprising that would significantly affect the market, I don't think there will be a big rally or a big fall. We'll probably just be closing this ghost month and head on to October with the price not moving much, probably just around $20,000.

The big movements will probably come in the last quarter.

A table trend of btc $18k to $20K is being observed for September month. There is no assumption of making large movement. Only 4 days left for this month. However, BTC may rise slightly in the coming month of October. But it is easy to understand that the price will not be too high. We are already seeing the Ukraine Russia war take a new turn with the threat of using nuclear weapons. Nothing good can be expected at that moment.

I am expecting that the months of October, November, and December will give us something to be happy about. I still think that 2022 will have a good closing price. October might not be the best month within the year but this upcoming last quarter might be better than the previous months as a slight recovery might be seen.

I think the tide has already turned in favor of Ukraine as far as the war is concerned. Forget about the threat of using nuclear weapons. This was already a threat earlier. Russia won't do that. It will only make it lose more.

[kotajikikox]

its almost  a week before the September sentiments will be proclaimed yet the votes seemingly divided into 2?

wondering what would be coming as the 25k is hardly to reach within the week time .

and also there are several threads that talking about market continuously dumping as the month going to end.

but of course there is a more to come in October and of course till december.

[FanEagle]

its almost  a week before the September sentiments will be proclaimed yet the votes seemingly divided into 2?

wondering what would be coming as the 25k is hardly to reach within the week time .

and also there are several threads that talking about market continuously dumping as the month going to end.

but of course there is a more to come in October and of course till december.

I believe we can still close closer to 25k. It's over 20k right now and it looks green for the whole week, nothing bad happened. It means that we could see it go 1k more and that would make it over 20k and that’s closer to 20k then 15k.

It’s clear that it has been quite 50-50% for all of us and that is why it was hard to decide, I can't say what was the main reason and how it got here, it’s clear that we had some hard time. Market failed to decide, how could we? It has been over and under 20k multiple times which means that market is not sure about seeing it closer to one than the other as well, if people are not sure about it with their money, how could they be sure here.

[STT]

Recent top is the trend for lows upto end of August, it was the prior regular bottom before we failed in that recovery attempt multiple times, now its the ceiling for today at least.    Price reset back to below the weekly trend so we start over having lost those speculators who only want to bet on prices for hours upto a day maybe.

[bbc.reporter]

@STT. The whole cryptospace market has been showing that on 2021 the reality was the market was in a bubble ready to pop. Everything was pumped by using borrowed money through leverage and with much of the people having lost their money. The people who might have money will move out of the cryptospace and use it for their needs.

Also, those who want to bet on prices for hours up to a day are only the market makers trading against you. Do not trade in this type of market.