BTC Sentiment Poll for December

[cryptoaddictchie]

As much as I wanted to say yes, and hope its the last bottom but we could definitely see its a no since the graph tells us a lot by its trend and form. I highly thinks that December will be a roller coster ride and the real recovery will happened by next year. Hoping to massive institutions to come to their senses and started cashing in some flows on investment.
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[1714693921]

1714693921

[ice18]

Voted "NO", from my personal view in bitcoin price Im still waiting for more drop below 14k and like I said in some comments in related threads btc price not yet reached the -85% down from the top like previous bear markets did, if this price fall at below $14k then the bottom is possibly meet or we are very near so lets wait patiently if this will happen.

[kotajikikox]

Voted "NO", from my personal view in bitcoin price Im still waiting for more drop below 14k and like I said in some comments in related threads btc price not yet reached the -85% down from the top like previous bear markets did, if this price fall at below $14k then the bottom is possibly meet or we are very near so lets wait patiently if this will happen.

with 3 weeks more now , do you think that this is enough  for bitcoin price to drop more again?  we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.
I believe that this is the lowest and there might be coming pump in the following weeks.

[Minecache]

Voted "NO", from my personal view in bitcoin price Im still waiting for more drop below 14k and like I said in some comments in related threads btc price not yet reached the -85% down from the top like previous bear markets did, if this price fall at below $14k then the bottom is possibly meet or we are very near so lets wait patiently if this will happen.

with 3 weeks more now , do you think that this is enough  for bitcoin price to drop more again?  we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.
I believe that this is the lowest and there might be coming pump in the following weeks.

If that's just a prediction for this December, then it's doubtful that bitcoin could fall any further, after several days of plunging, the market needs at least a slight bounce before continuing to decline. But in the long term, or ask the bottom at the end of this bear season, I also believe bitcoin will have a drop below $12k. The market will crash again soon, and I don't know what will cause it to do so, but I predict it will be something like the FTX crash.

[Chato1977]

Voted "NO", from my personal view in bitcoin price Im still waiting for more drop below 14k and like I said in some comments in related threads btc price not yet reached the -85% down from the top like previous bear markets did, if this price fall at below $14k then the bottom is possibly meet or we are very near so lets wait patiently if this will happen.

with 3 weeks more now , do you think that this is enough  for bitcoin price to drop more again?  we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.
I believe that this is the lowest and there might be coming pump in the following weeks.

If that's just a prediction for this December, then it's doubtful that bitcoin could fall any further, after several days of plunging, the market needs at least a slight bounce before continuing to decline. But in the long term, or ask the bottom at the end of this bear season, I also believe bitcoin will have a drop below $12k. The market will crash again soon, and I don't know what will cause it to do so, but I predict it will be something like the FTX crash.

FTX issue isn't over and there are so much hurting that will bring the market sooner , I also believe that we will be seeing some crashes before finally made it grow again.

December sentiment will be more bearish that what we have in October and November .

and with so much happening in the world economy now? wondering what would be the faith for bitocin at least this year and even in the next .

[Yatsan]

Voted "NO", from my personal view in bitcoin price Im still waiting for more drop below 14k and like I said in some comments in related threads btc price not yet reached the -85% down from the top like previous bear markets did, if this price fall at below $14k then the bottom is possibly meet or we are very near so lets wait patiently if this will happen.

with 3 weeks more now , do you think that this is enough  for bitcoin price to drop more again?  we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.
I believe that this is the lowest and there might be coming pump in the following weeks.

If that's just a prediction for this December, then it's doubtful that bitcoin could fall any further, after several days of plunging, the market needs at least a slight bounce before continuing to decline. But in the long term, or ask the bottom at the end of this bear season, I also believe bitcoin will have a drop below $12k. The market will crash again soon, and I don't know what will cause it to do so, but I predict it will be something like the FTX crash.

It would be hard to endure a market price of $12k by the end of this month so I hope it won't fall that low. There are sudden market pumps but as usual, no consistency is along with those small uprise movements. However predictions are simply subjective assumptions by investors based on how they percieve the market behavior. Things won't be determined by those measures at the end of the day so there's still hope for slight green marks before this year end. On my end I want to see it around or above $16k range to ease its recovery for next year.

Voted "NO", from my personal view in bitcoin price Im still waiting for more drop below 14k and like I said in some comments in related threads btc price not yet reached the -85% down from the top like previous bear markets did, if this price fall at below $14k then the bottom is possibly meet or we are very near so lets wait patiently if this will happen.

with 3 weeks more now , do you think that this is enough  for bitcoin price to drop more again?  we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.
I believe that this is the lowest and there might be coming pump in the following weeks.

If that's just a prediction for this December, then it's doubtful that bitcoin could fall any further, after several days of plunging, the market needs at least a slight bounce before continuing to decline. But in the long term, or ask the bottom at the end of this bear season, I also believe bitcoin will have a drop below $12k. The market will crash again soon, and I don't know what will cause it to do so, but I predict it will be something like the FTX crash.

FTX issue isn't over and there are so much hurting that will bring the market sooner , I also believe that we will be seeing some crashes before finally made it grow again.

December sentiment will be more bearish that what we have in October and November .

and with so much happening in the world economy now? wondering what would be the faith for bitocin at least this year and even in the next .

The issue indeed is not done yet but emphasizing it would prolong red marks. Many investors for some reasons are afraid of investing just because of what happened; not assessing the problem itself which causes FUD and eventually refkects to market demand as well as value of tokens which are now struggling move on upward direction.

[TheGreatPython]

From my own view to what the price of Bitcoin may be towards the end of December is that I don't think we're going to see a new lows this month until next year January,  Because December 14 will be another decisive day for the price of Bitcoin, depending on what the Fed is gonna come out with, regarding interest rate.
For me I do think they may start quantitative of easing (QE) maybe do lower 50 basis points(bps) this December, and that would a kinda ease much pressure a bit on the price of Bitcoin.

What if the decision of FED is negative? So that causes the price to decrease and there is a possibility that a new ATL is going to be spotted this month. This isn't a big problem though because people are already used to this. Some will still see this as an advantage because they can be able to buy btc again at a much lower rate.

I think the real recoveries for example like above $25k is going to happen by next year. Preferably on the month of January. If that happens many of us are going to sell some of our coins only to have some pocket money because people can celebrate heavily on the month of December and they will end up being broke once January starts.

[Vinaa77]

The chart below doesn't really look all that good but if you have been following the price action everyday it feels like there aren't a whole lot of sellers left.  So hence the poll.

In every month there are always surprises that happen with Bitcoin. Bullish and bearish are two things that cannot be separated. November was not so good in terms of crypto changes, but the surprise remained with the price increase reaching $21.5k from $19k. But if we pay attention to December, of course this will also happen. Bitcoin's current state is clear that the small pump is starting. Price change from $16.4k to $17k.

[tokeweed]

I always love these topics, it shows what people think at the start of the month, and then we see the real end of the month as well. Sometimes the majority is right, and sometimes they are wrong but there is one thing that is certain which is the fact that it's not general knowledge of what's going to happen. Correct me if I am wrong but I have never seen the community picking the right thing with like %80 votes, its always close, and its always a bit wrong, which means that plenty of people have no idea what's going to happen in the next 30 days, and that's a good thing for the market because that means anything could happen.

Lol yeah..  It's fun.  And it's good to know what the overall sentiment is for the month.

Anyway I'm seeing some guys thinking BTC would drop some more below 15k.  Sometimes I'm not really sure if it's really what they really think would happen or if it's what they want to happen.  I'm guessing it's the latter as a lot of people are starting to lowball and try get in cheap.  

I don't vote in my own polls but leaning towards we already saw the bottom.  Dunno...  Could change next month.  Lol.

[jakelyson]

The chart below doesn't really look all that good but if you have been following the price action everyday it feels like there aren't a whole lot of sellers left.  So hence the poll.

In every month there are always surprises that happen with Bitcoin. Bullish and bearish are two things that cannot be separated. November was not so good in terms of crypto changes, but the surprise remained with the price increase reaching $21.5k from $19k. But if we pay attention to December, of course this will also happen. Bitcoin's current state is clear that the small pump is starting. Price change from $16.4k to $17k.

Less likely that it will happen in December. As I recall, December is always a bear month. Maybe a few spikes here and there but mostly bears. Maybe, if there is a spike in price, that will happen before the Holiday and then a downtrend from there. I would be surprised if we end up in green from the previous month. But that is just me speculating from experience, maybe the technical side have better news or views from me.

Sometimes I'm not really sure if it's really what they really think would happen or if it's what they want to happen.  I'm guessing it's the latter as a lot of people are starting to lowball and try get in cheap. 

You are probably right. At least for me, that is what I want to happen. I would like to accumulate more bitcoin with cheaper price before the next bull run comes around. Maybe, that is the same with others that is why the result of the pool in bearish.

[iamsange]

The chart below doesn't really look all that good but if you have been following the price action everyday it feels like there aren't a whole lot of sellers left.  So hence the poll.

In every month there are always surprises that happen with Bitcoin. Bullish and bearish are two things that cannot be separated. November was not so good in terms of crypto changes, but the surprise remained with the price increase reaching $21.5k from $19k. But if we pay attention to December, of course this will also happen. Bitcoin's current state is clear that the small pump is starting. Price change from $16.4k to $17k.

And I'm looking forward to a price swing from $17K to $20K within the month, even though from the price action I've seen in the market at the moment it looks like it's difficult for Bitcoin to rise again sharply. But I personally still really believe that Bitcoin will get a bigger surprise through a very precise moment before the new year. Because everyone will be very happy if Bitcoin ends this year at $ 20K.

[stadus]

Nothing special this December that could trigger such a price recovery but what we might see is just the same as what we witnessed last month where drops can possibly happen more than ups. Honestly, I didn't expect a lot this month, not even I think the bear season will end early next year.
The price of Bitcoin will just about to stay from this range of $18k - $22k...just my opinion.
We are still facing the global economic crisis and a big factor why it was quite impossible to see a price increase this year and remain bearish.

[Minecache]

Voted "NO", from my personal view in bitcoin price Im still waiting for more drop below 14k and like I said in some comments in related threads btc price not yet reached the -85% down from the top like previous bear markets did, if this price fall at below $14k then the bottom is possibly meet or we are very near so lets wait patiently if this will happen.

with 3 weeks more now , do you think that this is enough  for bitcoin price to drop more again?  we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.
I believe that this is the lowest and there might be coming pump in the following weeks.

If that's just a prediction for this December, then it's doubtful that bitcoin could fall any further, after several days of plunging, the market needs at least a slight bounce before continuing to decline. But in the long term, or ask the bottom at the end of this bear season, I also believe bitcoin will have a drop below $12k. The market will crash again soon, and I don't know what will cause it to do so, but I predict it will be something like the FTX crash.

FTX issue isn't over and there are so much hurting that will bring the market sooner , I also believe that we will be seeing some crashes before finally made it grow again.

December sentiment will be more bearish that what we have in October and November .

and with so much happening in the world economy now? wondering what would be the faith for bitocin at least this year and even in the next .

Many people are confident that the FTX drama is over, but in my opinion, it is just the beginning of a chain of collapses ahead that we will face.  As always, the market will not crash continuously but will have a period of recovery and then continue to be pushed lower. This is how the market tortures us until we get really depressed and believe that the market will not rise again then the market will recover. To me, what is happening in the market is just a psychological game, whoever perseveres to the end will be the winner.

[inthelongrun]

I voted "yes". That was it! $15k was the bottom. The recovery from the FTX effects is looking healthy. There are no extra long candles that create imbalances except the first strong bounce back last November 22 hence it dropped again in the next few days. It will swing a little and can probably touch the $16k level again. But unless we can see another bad news that is capable of shaking the market once again, BTC should be alright. Maybe $20k is already attainable before this month's end.

[LogitechMouse]

Ok...  November wasn't really that great for BTC.  To recap, it was doing great the first couple of days and looked like it was finally starting to break out and trend up higher until the FTX fiasco spoiled the party.  But then around November 22, the market seemed not to care anymore and started going up again.

The chart below doesn't really look all that good but if you have been following the price action everyday it feels like there aren't a whole lot of sellers left.  So hence the poll.
~

I voted Yes to this one.

I believe that the FTX drama is over, and the contagion is not affecting other companies that much anymore compared to where it was when FTX scam is at its peak. Gemini stopped their earn program, not that much effect on the market. BlockFi filed for Chapter 11, not that much effect on the market. In the future, there might be some companies who will get affected by the FTX scam but it's effect to the market is only little to none. I believe that we've seen the bottom already and I think we will go sideways this month with $20,000 as its resistance but if there will be another FTX-like even that will happen then I hope we're ready for it.

Overall, we can't change the fact that bear market = opportunities for intelligent investors to buy some Bitcoins. Bitcoins are cheap right now so now is the perfect time to accumulate slowly while waiting for the bear market to be over.

[Kelvinid]

I voted "yes". That was it! $15k was the bottom. The recovery from the FTX effects is looking healthy. There are no extra long candles that create imbalances except the first strong bounce back last November 22 hence it dropped again in the next few days. It will swing a little and can probably touch the $16k level again. But unless we can see another bad news that is capable of shaking the market once again, BTC should be alright. Maybe $20k is already attainable before this month's end.

Many are still not getting over the FTX issue which I think that this short pump isn't about FTX effects but probably people are done with the selling and now investors/whales are bringing back the market to pump again. But never I see this could go far, the pump is likely a short pump but the bearish condition of the market will remain as is.
I hope no more scam exchange issue happen this month and that FTX will only be the last, otherwise we can't move forward and see for another bottom again.

[dezoel]

I believe that the FTX drama is over, and the contagion is not affecting other companies that much anymore compared to where it was when FTX scam is at its peak. Gemini stopped their earn program, not that much effect on the market. BlockFi filed for Chapter 11, not that much effect on the market. In the future, there might be some companies who will get affected by the FTX scam but it's effect to the market is only little to none. I believe that we've seen the bottom already and I think we will go sideways this month with $20,000 as its resistance but if there will be another FTX-like even that will happen then I hope we're ready for it.

Overall, we can't change the fact that bear market = opportunities for intelligent investors to buy some Bitcoins. Bitcoins are cheap right now so now is the perfect time to accumulate slowly while waiting for the bear market to be over.

There are still a lot of people who ended up with saying no, and I do not really understand how much lower they think that we should be reaching. I am not saying that we will reach a lot lower, but that also doesn't mean that we should be seeing anything under the bottom neither, even if we fall a bit, we could fall above bottom and that should be fine. Bottom was something about 16k, we already reached above 17K+, which means that if we hit 16.5k that is still above bottom and also a drop at the same time.

This is why I believe we already saw our bottom, it's not going to really drop lower than that, it will most likely end up going higher for sure.

[Reatim]

As much as I wanted to say yes, and hope its the last bottom but we could definitely see its a no since the graph tells us a lot by its trend and form. I highly thinks that December will be a roller coster ride and the real recovery will happened by next year. Hoping to massive institutions to come to their senses and started cashing in some flows on investment.
.

supporting that mate because there seems to be more to come about the lowering market
https://coinmarketcap.com/currencies/bitcoin/markets/
bitcoin cannot stand long at 17k for the whole week , though it passes several times yet nothing consistent about this to come.

Voted "NO", from my personal view in bitcoin price Im still waiting for more drop below 14k and like I said in some comments in related threads btc price not yet reached the -85% down from the top like previous bear markets did, if this price fall at below $14k then the bottom is possibly meet or we are very near so lets wait patiently if this will happen.

there are some says it may drop down to 10k mate so lets see what comes as like you? i also wanted to buy at very cheap price .

[wxa7115]

I believe that the FTX drama is over, and the contagion is not affecting other companies that much anymore compared to where it was when FTX scam is at its peak. Gemini stopped their earn program, not that much effect on the market. BlockFi filed for Chapter 11, not that much effect on the market. In the future, there might be some companies who will get affected by the FTX scam but it's effect to the market is only little to none. I believe that we've seen the bottom already and I think we will go sideways this month with $20,000 as its resistance but if there will be another FTX-like even that will happen then I hope we're ready for it.

Overall, we can't change the fact that bear market = opportunities for intelligent investors to buy some Bitcoins. Bitcoins are cheap right now so now is the perfect time to accumulate slowly while waiting for the bear market to be over.

There are still a lot of people who ended up with saying no, and I do not really understand how much lower they think that we should be reaching. I am not saying that we will reach a lot lower, but that also doesn't mean that we should be seeing anything under the bottom neither, even if we fall a bit, we could fall above bottom and that should be fine. Bottom was something about 16k, we already reached above 17K+, which means that if we hit 16.5k that is still above bottom and also a drop at the same time.

This is why I believe we already saw our bottom, it's not going to really drop lower than that, it will most likely end up going higher for sure.

It is difficult to know what other people are thinking, however if I had to guess those people believe the drama caused by FTX is still not over and we could see other exchanges, businesses and coins crashing hard or disappearing.

And a series of events like that could push the price down once again as the market is still very vulnerable, however even if that happened it seems to me we are already close to the bottom and this is a good moment to buy even if such a prediction became a reality.

[rokok lokal]

Investors are stockpiling bitcoin and the underlying blockchain technology, but transaction speeds are too slow to keep up with the growing demand. Bitcoin going up so fast that it exponentially increases the number of hoarders. When prices drop, many of these people start selling to pay their bills while others panic and sell just to get out quickly and possibly for a profit. This is what is called a thorough sell for many people investing, at least enough to influence the market.