BTC Sentiment Poll for December

[AakZaki]

And if the price can slowly increase this December and penetrate $ 20k, there is a possibility that next year will bring new hope for us to see the price of bitcoin going higher even though another decline could still occur. At least this can bring joy to us, especially the people waiting for the bitcoin price to rise above $ 20k. And let's hope that the current price is a floor price for bitcoin and won't decline any further because if it does happen again, we will have to wait a little longer to see the bitcoin price increase start to come.

the hopes of hitting its current $20k price into the new year are very strong indeed. But that also depends on how the market is, and also some of the FUD that is spread will hinder the market growth.
and positive news about SBF's arrest also gave positive sentiment to the market.
Hopefully, this time bitcoin can reach its highest price and this sata price becomes the bottom price. Bitcoin currently still needs to break through $17k, $18k and $19k, as there have been some pretty strong recessions.

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[Baofeng]

And if the price can slowly increase this December and penetrate $ 20k, there is a possibility that next year will bring new hope for us to see the price of bitcoin going higher even though another decline could still occur. At least this can bring joy to us, especially the people waiting for the bitcoin price to rise above $ 20k. And let's hope that the current price is a floor price for bitcoin and won't decline any further because if it does happen again, we will have to wait a little longer to see the bitcoin price increase start to come.

the hopes of hitting its current $20k price into the new year are very strong indeed. But that also depends on how the market is, and also some of the FUD that is spread will hinder the market growth.

Nah, it's not that strong and I highly doubt that we can rise $4k in quick amount of time in this kind of market situations. It took us weeks to climb from $15k to $18k, so there's o way that we can do that right now in matter of days or before the end of the year to reach $20k.

and positive news about SBF's arrest also gave positive sentiment to the market.
Hopefully, this time bitcoin can reach its highest price and this sata price becomes the bottom price. Bitcoin currently still needs to break through $17k, $18k and $19k, as there have been some pretty strong recessions.

Effects are already price in when I say that we rose to $18k. But when there is a Binance FUD the market plummet and goes down to $16,700 and that's where we are going to stand up to the end of the year.

[fuguebtc]

though We all must have a second plan if we fails to have this years target and mostly is to Holding as 2023 says more volatile and bearish than 2022.

the vote is coming to Light and it is NO , we are almost 2 weeks before the December ends and while the market is still struggling to break 20k   yet it is strongly holding the 16-18k in which enough reason for me to believe that December had already have its Bottom.

We are just struggling with the $18k resistance and quite far from the $20k resistance. Many people have been bullish in December, they have 9 days to expect bitcoin to rise, but in my opinion, we will end the year unable to exceed 18k. Yes, we can say that we have reached the final bottom of this year, but I believe the final bottom of the bear season is yet to come. The first half of 2023 could be a more tedious and turbulent year than 2022, and we will see the final bottom of bitcoin, IMO.

And if the price can slowly increase this December and penetrate $ 20k, there is a possibility that next year will bring new hope for us to see the price of bitcoin going higher even though another decline could still occur. At least this can bring joy to us, especially the people waiting for the bitcoin price to rise above $ 20k. And let's hope that the current price is a floor price for bitcoin and won't decline any further because if it does happen again, we will have to wait a little longer to see the bitcoin price increase start to come.

Most of the people who are still here now are long term holders, and I find myself different from the others because I don't want bitcoin to go up but just hope bitcoin will drop more. Crisis, bitcoin in bear season, these are rare and should be viewed as an opportunity to accumulate cheaply rather than expect a quick recovery. Unless people are buying at a high price and waiting to sell to get their capital back, if people are long term investor, people should feel excited when there is a big opportunity.

You are right, we are long-term holders, and the bear season only comes once every 4 years (if history repeats itself), and with an economic crisis occurring once every 12-15 years, this is a rare opportunity more than fear. Bitcoin is under 20k, and this reminds me of 2018 when bitcoin was at 3k, we will never get a chance to see 3k bitcoins again, and if we don't buy bitcoin now, by 2025, we will have the same regrets.
This is probably the last time we see bitcoin under $20k, take advantage while we still have a chance.

[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 .

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.

those are the people that does not really understand the market mate instead what they only know is that what they hear from others and not doing their own assignment in checking the effect and the situation.
FTX is indeed will last for at least till 2023 and that is what i can see here.

[btc78]

With just a very few days or at least week before the year ends as December is the last month? this is the crucial part of the year , in the previous year we have seen great movement up in these days but now? still struggling to even break 17k again.
Afraid in saying this but looks like there is more dumping will happen before 2022 closes its days .

[Chato1977]

And if the price can slowly increase this December and penetrate $ 20k, there is a possibility that next year will bring new hope for us to see the price of bitcoin going higher even though another decline could still occur. At least this can bring joy to us, especially the people waiting for the bitcoin price to rise above $ 20k. And let's hope that the current price is a floor price for bitcoin and won't decline any further because if it does happen again, we will have to wait a little longer to see the bitcoin price increase start to come.

the hopes of hitting its current $20k price into the new year are very strong indeed. But that also depends on how the market is, and also some of the FUD that is spread will hinder the market growth.
and positive news about SBF's arrest also gave positive sentiment to the market.
Hopefully, this time bitcoin can reach its highest price and this sata price becomes the bottom price. Bitcoin currently still needs to break through $17k, $18k and $19k, as there have been some pretty strong recessions.

well the hopes are High but the possibilities are tin mate, look at how it moves week before year closure

https://coinmarketcap.com/currencies/bitcoin/markets/

that is even lower to the price when December starts so I think we are going to see another low in the coming days but hopefully not that bad in 2023.

[beerlover]

We are just struggling with the $18k resistance and quite far from the $20k resistance. Many people have been bullish in December, they have 9 days to expect bitcoin to rise, but in my opinion, we will end the year unable to exceed 18k. Yes, we can say that we have reached the final bottom of this year, but I believe the final bottom of the bear season is yet to come. The first half of 2023 could be a more tedious and turbulent year than 2022, and we will see the final bottom of bitcoin, IMO.

I think the bottom has been in for a long time now and we are not going to get a new bottom. We are going to end up with something much easier, something that will not bother us as much as it has bothered the fiat world. We are doing fine and it should recover. Plus we do not know for sure if that 18k deal will happen or not, it could happen in a single day, a 10% increase give or take and we are back above 18k already.

I am not expecting it to happen, but if it were to happen it is still not too late and it could very well happen. The x-mas period is not that easy because while there are some extra bonus paid out to workers, there is also reality people spend a lot on celebrating as well.

[_BlackStar]

The altcoin market basically did not affect bitcoin, but the crash of several large altcoin projects also had a real impact on the bitcoin market. I honestly hope the bitcoin market will recover soon and investor confidence can improve more, but maybe not for the rest of the year.

Investors and holders have not lost faith in bitcoin, but they tend to be careful with their investment strategy due to current market conditions. The market is still being hit by a lot of FUD, in the case of FTX people are very worried about the possibility of a deeper price drop, so it looks like most are still waiting.

I kinda agree with your point, but the current market recovery seems to be taking a bit longer. I don't expect a quick recovery, but I would like to see the price slowly rise.

[aylabadia05]

With just a very few days or at least week before the year ends as December is the last month? this is the crucial part of the year , in the previous year we have seen great movement up in these days but now? still struggling to even break 17k again.
Afraid in saying this but looks like there is more dumping will happen before 2022 closes its days .

The price chart is still moving sideways and occasionally dips and then moves again. The market situation can still be said to be struggling amid various incidents that occur, making many investors change their strategies in trading.
But we must remain in the stance that Bitcoin is still a good asset in the field of investment in the crypto space compared to other coins. Patience is needed while hoping that entering the new year market conditions can recover soon.

[btc78]

With just a very few days or at least week before the year ends as December is the last month? this is the crucial part of the year , in the previous year we have seen great movement up in these days but now? still struggling to even break 17k again.
Afraid in saying this but looks like there is more dumping will happen before 2022 closes its days .

The price chart is still moving sideways and occasionally dips and then moves again. The market situation can still be said to be struggling amid various incidents that occur, making many investors change their strategies in trading.
But we must remain in the stance that Bitcoin is still a good asset in the field of investment in the crypto space compared to other coins. Patience is needed while hoping that entering the new year market conditions can recover soon.

It is given that we are truly in Bearish market this whole 2022 , looking at the chart till now?

https://coinmarketcap.com/currencies/bitcoin/markets/

maybe this time we need to understand that the Bull of 2022 is totally over and we will be bearishing from this to the next 3 years more from now?

but December is day to end and still nothing comes close to increasing .

[pooya87]

But we must remain in the stance that Bitcoin is still a good asset in the field of investment in the crypto space compared to other coins.

That has never changed and will never change either! For as long as other cryptocurrencies aka altcoins existed they proved to be worse investments compared to bitcoin specially because whenever bitcoin makes a big move they get dumped which is also proving the traders believe this too since they sell these altcoins to go back to bitcoin market.

December ended and this poll like the market remained half and half which proves nobody really knows what the real sentiment is and people are mainly undecided considering the global economical situation.

[_BlackStar]

December ended and this poll like the market remained half and half which proves nobody really knows what the real sentiment is and people are mainly undecided considering the global economical situation.

Of course global economic condition have affected the market at the moment, but so far a few big investors seem to have filled their pockets with bitcoin. There's a reason why they do it, it's because they know that the cycle will change as the next year progresses. We will remember 2022 as a bloody year for bitcoin, and I don't want 2023 to be another bloody year for bitcoin.

Bitcoin cycles will change, and market will recovering, and I have to be optimistic about that. Happy new year to you and everyone. 

[fzkto]

December ended and this poll like the market remained half and half which proves nobody really knows what the real sentiment is and people are mainly undecided considering the global economical situation.

Of course global economic condition have affected the market at the moment, but so far a few big investors seem to have filled their pockets with bitcoin. There's a reason why they do it, it's because they know that the cycle will change as the next year progresses. We will remember 2022 as a bloody year for bitcoin, and I don't want 2023 to be another bloody year for bitcoin.

Bitcoin cycles will change, and market will recovering, and I have to be optimistic about that. Happy new year to you and everyone. 

Judging by how badly this year went, I'd probably agree with you that next year should be better than this year, but I probably wouldn't be surprised if it turned out even worse. I wish there were more stability and less crises in the world, then there would be no doubt about a good future. But while a lot of shitty stuff is going on, there is a lot of doubt.

[Anonymous100]

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.

If we pay attention to the daily trading volume, Bitcoin volume has fallen by about 18%. That volume records the number of buyers and sellers in a full day, meaning that the level of buying and selling Bitcoin transactions is very low for now. If the volume is high, then the level of buying and selling transactions is also high even though the price does not change much. The question is, what are investors waiting for now? It's as if they ignore the crypto exchanges.