BTC Sentiment Poll for October

[tokeweed]

Here's an easy one.  No BTC guessing games at what price or near what price by the end of the month.  Just go by how and what you feel as you make the vote.  Now I'm not going to vote in my own poll but right now I feel like it's all just gonna go sideways for a couple of months or so before we see what's up with the whole inflation thing.  I haven't really been paying attention tbh.  Lol.  I just look at the chart and figure it out if it's risk off or risk on.

Anyway..  Here's the monthly chart.

[peter0425]

Here's an easy one.  No BTC guessing games at what price or near what price by the end of the month.  Just go by how and what you feel as you make the vote.  Now I'm not going to vote in my own poll but right now I feel like it's all just gonna go sideways for a couple of months or so before we see what's up with the whole inflation thing.  I haven't really been paying attention tbh.  Lol.  I just look at the chart and figure it out if it's risk off or risk on.

Anyway..  Here's the monthly chart.

At least now there is no Number to expect but only the movement , and you are more than a week late mate for this October sentiment   


I remember that each October there are at least good action coming from Bitcoin and some other altcoin also so yes I am confident that there are better price coming this October , Maybe giving my number at least and that is 25-30k? 

[adaseb]

Depends how the inflation data looks. I am assuming it’s going to be as expected and we trade sideways until November or December. I think this sideways volatility will continue.

If the numbers are very good or very bad then I see how we can break out of this tight range we are in. If we get a  very positive number it means fed is hawkish and might increase rates even further. If we get a very negative then we will really because it means the fed will be more dovish.

[Don Pedro Dinero]

I have voted sideways, as I believe that until the mid-term elections in the USA we will not have significant changes, as long as we do not have very good or catastrophic news, for example, regarding the war.

I think that the price range around 20,000 USD has proved to be a fairly strong support, because while the stock market has continued to fall, the price of bitcoin has remained around that. But I see no reason for the price to go up, at least in a strong way. So, I think the rest of the month will be just as boring.

[FinneysTrueVision]

I expect the price to go further down this month. We have been going sideways at $19k for several weeks despite the economy getting worse. You can only hold $19k for so long when everything is so negative. There are no signs of improvement any time soon and many people are warning of a recession in the coming months.

[OgNasty]

I'm on team down for the month.  We usually see a rebound around Halloween, but I suspect the next two weeks might be a bit rocky.  I wouldn't be surprised if we touched $17K before bouncing back up a bit.  I think the next 9 months will likely be a grind downward, maybe as low as $12K before we start getting the rocket ready to launch for the 2024-2025 Bitcoin bull market.  Still, if you're a long term believer, you'd be best served to scoop up as many sats as you can over the next couple of years.

[LogitechMouse]

I did a quick search for the prices of Bitcoin in the past 7 years and here it is: LINK

2014 - 343.56
2015 - 327.58
2016 - 693.9
2017 - 6130.56
2018 - 6276.46
2019 - 9226
2020 - 13573.71
2021 - 61374.28

Also base on that website, if you will compare the prices of Bitcoin in September and October, you will see that only in 2014 and in 2018 where Bitcoin ended up lower than its previous month.

I believe in cycles especially in 4-year cycles and based on that alone, I predict that Bitcoin will be closing lower than its September price but not that much I guess so I voted for sideways. I also believe in the Halloween effect and the Christmas effect but there is no certainty that prices will go up in the last 2 months. I still believe as well that we will be going sideways at around $17,000-$25,000 for the rest of the year.

[fuguebtc]

I expect the price to go further down this month. We have been going sideways at $19k for several weeks despite the economy getting worse. You can only hold $19k for so long when everything is so negative. There are no signs of improvement any time soon and many people are warning of a recession in the coming months.

Before going into October, I expect the market to recover slightly before falling further in the coming months as October is considered a good month for bitcoin but now I think the opposite, I voted down and I think by the end of this month we will have a new bottom not just a drop. There is still no confirmation that the economy will go into recession, but this possibility is now very high. Recently, the US unemployment index fell but the market did not have a slight recovery, it can be seen that things are more pessimistic than optimistic. The world situation seems to be getting worse because yesterday Russia continued to strongly attack Ukraine, the escalation of the conflict is inevitable.

[Yaunfitda]

I voted for sideways, and it seems that they whole year, we are going in a accumulation phase around $20k and so we can start at that price this month and maybe has some gains but then again falter in the last week of October. And this has been the trend and so I wouldn't be surprised a sideway pattern till the end of this year. Most likely around $19k-$22k I reckon. So it's not that bad, investors can still invest because it is still cheap and at a huge discount from our last all time high.

[sheenshane]

I voted sideways.

I didn't see that there's a sign that the Bitcoin price moving up this month, it could be the price will remain struggling at that range ATM.
Though I heard that there are some popular individual investors now that have invested in Bitcoin but I think that's wont the reason it will go upside.  If we look at the daily candle it seems there's no sign of a bullish one.  Sideways could be close to accurate results.

However, I'm very optimistic that the Bitcoin price will go up at the end of this quarter as the most anticipated moment.

[yudi09]

To side. Maybe that's the right thing to describe Bitcoin's movement in October given the potential for inflation that will be expected to reach its highest this year although no one is able to accurately predict and analyze market price movements, but the continued impact of the recession can have an impact on Bitcoin prices even though the effect size is small.

Market conditions are still very influential on the US Dollar. This based on the use of the Dollar globally makes me feel that America has succeeded in exporting inflation to many developing countries.
Even so, I am still optimistic that the future of Bitcoin will be much better.

[bittraffic]

World events will be a big factor not just in the stock market but in the crypto markets. If Fed stops hiking interest rates I guess, we'd see prices going up. It's speculated that it will also float sideways for a few months as you said. A missed opportunity when sudden dive happens like a flash crash down to $17000.

Many speculations give hope when they read $14000 or $6000/BTC making them think of the opportunity.

[Fundamentals Of]

If I am not mistaken, this sideway movement of Bitcoin has already been happening since mid-June of this year. So this has been taking so long. Although there are a few minor breakouts, they didn't really amount to so much. So for months now the price is in a very boring state. There is a big possibility that the rest of October will just be like the previous months of the second quarter, but I would still like to believe that this month is Uptober. Let's get out of this boring game already.

[ethereumhunter]

Since last month, it seems that the bitcoin price movement has become sideways and I feel this month, the movement will still be sideways, although there will still be ups and downs that will often occur in the market. While we'd like to see the price increase, at least hitting $22k-$25k, if there's no sentiment in the market, it's still not going to happen. But we are still given more time to buy more bitcoins, and hopefully, this month there will be a significant increase so that we can get more profits.

[Chato1977]

seemingly members here are tired of being Bullish so now the sentiment is downfall  

anyway , How much are we expecting to be this October because i think there are still something good cooking for the month being starter of the last quarter.

25k at least as I am still bullish .

[inthelongrun]

For now, I made the tie-breaker between sideways and down. I also haven't tried analyzing the charts for weeks now. I voted down because October and November 2022 according to my earlier predictions, these two months will provide the lowest price of bitcoin. That is why I will start buying back this coming December whether it is up, moving sideways, or down. Most people that have bitcoins or are interested in it know that 2023 is the year before the halving so many will start investing again. Mid or late 2023 should be bullish again. Of course, the world situation will have its own impact on the market. There are more adoptions coming up, no doubt about this. The world order if it continues to be like this will somehow urge people to admire bitcoin and decentralization to keep away from dirty politics.

So my prediction at the end of the month should be between $15k to $17k.

[Dave1]

Well I try to be positive so I voted for "Up".

It's October and we should be in the final stretch for this year, and hopefully things will start to turn positive and maybe hit $25k and then we will go sideways till the end of the year. At least $25k is not far fetch and it could be achieved, just one positive news to push the market  again.

[btc78]

"Go down"

this is what I think will happen this Month , because as we can see the economic problem worldwide , this will be another advantage from the manipulator to distract weak investors or those who relies in day trading , to make them suffer and sell while in losses.

but of course nothing is certain so either it will go sideways? or even Uptrend ? who really knows.

[kotajikikox]

I did a quick search for the prices of Bitcoin in the past 7 years and here it is: LINK

2014 - 343.56
2015 - 327.58
2016 - 693.9
2017 - 6130.56
2018 - 6276.46
2019 - 9226
2020 - 13573.71
2021 - 61374.28

Also base on that website, if you will compare the prices of Bitcoin in September and October, you will see that only in 2014 and in 2018 where Bitcoin ended up lower than its previous month.

I believe in cycles especially in 4-year cycles and based on that alone, I predict that Bitcoin will be closing lower than its September price but not that much I guess so I voted for sideways. I also believe in the Halloween effect and the Christmas effect but there is no certainty that prices will go up in the last 2 months. I still believe as well that we will be going sideways at around $17,000-$25,000 for the rest of the year.

Thanks for this mate and yeah , i am also looking for sideways though we can see that its almost the same that after Halving that the changing per month happens.

but we have 17k in September meaning it is going to be 16k and lower? this is sad to see for sure as we are looking for chances to sell before the end year.

[Reatim]

Looking at it? it seems like other member beat you in creating a Poll about prices as he ask about the predicted price for october here

https://bitcointalk.org/index.php?topic=5415177.0

but for a change ? this is much better poll as it is general question and there is no need to indicate specific prices.


I believe there is also a  growth this month , and yes there will be more to come in the coming months as we are closing the year.