BTC Sentiment Poll for December

[TravelMug]

Yeah and don't forget about the war still in EU, it could have been the biggest effect for us since the beginning of this yeare.

I also do agree that $20k is the biggest support we have so far but due to the FTX collapse, that support also crumbles. So it's good to see if we can reach that price again, hopefully at the end of the year. Although not good to see that once we reach $18,300 there was a lot of selling moving the price back to $17,700.

Unfortunately a lot of negative things are happening in the world these days. Russia just armed its ICBM with nuclear warheads looking to target EU and US. Meanwhile the protests across Europe is expanding and in some countries like UK the strikes are getting worse that are "halting" the economy.

As I always say, bitcoin is not correlated with any other market but it is affected by the global economy. This is why we are still seeing a weird struggle to go back above $20k.

Yes, there are still correlation from what is going around us with bitcoin market, it's unfortunate, but how everything operate in this world.

And the struggle will continue up to next year, unless something positive unforseen will happen, like the opposite of black swan to turn the market around and reach $20k. Maybe this event will come, maybe not in 2023 as we are still in the middle of a long 3 year bear market.

[ethereumhunter]

Yeah and don't forget about the war still in EU, it could have been the biggest effect for us since the beginning of this yeare.

I also do agree that $20k is the biggest support we have so far but due to the FTX collapse, that support also crumbles. So it's good to see if we can reach that price again, hopefully at the end of the year. Although not good to see that once we reach $18,300 there was a lot of selling moving the price back to $17,700.

Unfortunately a lot of negative things are happening in the world these days. Russia just armed its ICBM with nuclear warheads looking to target EU and US. Meanwhile the protests across Europe is expanding and in some countries like UK the strikes are getting worse that are "halting" the economy.

As I always say, bitcoin is not correlated with any other market but it is affected by the global economy. This is why we are still seeing a weird struggle to go back above $20k.

Yes, there are still correlation from what is going around us with bitcoin market, it's unfortunate, but how everything operate in this world.

And the struggle will continue up to next year, unless something positive unforseen will happen, like the opposite of black swan to turn the market around and reach $20k. Maybe this event will come, maybe not in 2023 as we are still in the middle of a long 3 year bear market.

There will still be a hard fight from bitcoin to get back to the $20k price and it may still happen in the next year. But for now, we have to be complacent as the bitcoin price is still under $20k and we are still determining when it will start to increase. But yesterday's increase, which reached $ 18k, still proves that bitcoin can still go up and even though the price is decreasing again, it won't matter because later, the price will increase again. We should now use this opportunity to buy bitcoin again before the price increases. And we shouldn't have to worry about bitcoin or even worry if the circumstances out there can affect the movement of bitcoin.

[FanEagle]

I don't know what the ones who said no really thinks we could see. I mean we are already at a very low price and we have dropped even further recently, isn't that enough to understand? I am not saying that this the only way or anything but it is certainly not a great way to invest if you keep thinking it will constantly go down.

I believe it has seen the bottom and it will go up, there is no way that we are going to even further down, it is a good situation to be and we shouldn't be constantly think about the possibility of a drop. I mean being ready for it is something else, have a stop loss if you want, but expecting it versus being ready for it are different things.

[tokeweed]

I don't know what the ones who said no really thinks we could see. I mean we are already at a very low price and we have dropped even further recently, isn't that enough to understand? I am not saying that this the only way or anything but it is certainly not a great way to invest if you keep thinking it will constantly go down.

I believe it has seen the bottom and it will go up, there is no way that we are going to even further down, it is a good situation to be and we shouldn't be constantly think about the possibility of a drop. I mean being ready for it is something else, have a stop loss if you want, but expecting it versus being ready for it are different things.

Some of the time, it's just guys who hope for the market to go down some more so they can buy more for the same amount of money.  I'd be lying if I said I didn't want that.  At other times, it's also some guys who bought around 30k, sold at a loss at around 18k or somewhere near the lows, realized they made a mistake and now want to buy back lower.  I'd also be lying if I didn't make this mistake before.  Lol.  

Back in the day, I also used to fud my own bags for the lulz because I was frustrated.    It's so funny thinking about it now.  So immature...

[imamusma]

As I always say, bitcoin is not correlated with any other market but it is affected by the global economy. This is why we are still seeing a weird struggle to go back above $20k.

Of course, global economic conditions would make more sense to be credited as the reason why bitcoin's price is having a hard time breaking the $20K resistance. However, economic conditions won't be the only reason why it's been tough, after all the crashes Luna and FTX also contributed to why prices have had a hard to recovering.

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.

[Baofeng]

I don't know what the ones who said no really thinks we could see. I mean we are already at a very low price and we have dropped even further recently, isn't that enough to understand? I am not saying that this the only way or anything but it is certainly not a great way to invest if you keep thinking it will constantly go down.

I believe it has seen the bottom and it will go up, there is no way that we are going to even further down, it is a good situation to be and we shouldn't be constantly think about the possibility of a drop. I mean being ready for it is something else, have a stop loss if you want, but expecting it versus being ready for it are different things.

Some of the time, it's just guys who hope for the market to go down some more so they can buy more for the same amount of money.  I'd be lying if I said I didn't want that.  At other times, it's also some guys who bought around 30k, sold at a loss at around 18k or somewhere near the lows, realized they made a mistake and now want to buy back lower.  I'd also be lying if I didn't make this mistake before.  Lol.  

Back in the day, I also used to fud my own bags for the lulz because I was frustrated.    It's so funny thinking about it now.  So immature...

We all have made the same mistakes back in the day, immature yeah, maybe inexperience is the right term because we are at lost and we didn't know what to do. Of course, we have heard of the HODL mentality, but we didnt' know that in practice until we really get a chance to go to a whole bitcoin cycle and got that experience.

And so far, after hitting that $18k, price falters and goes down again to$16k'ish because of the Binance FUD.

With that I think that will be the price this end of the year.

[Quidat]

I don't know what the ones who said no really thinks we could see. I mean we are already at a very low price and we have dropped even further recently, isn't that enough to understand? I am not saying that this the only way or anything but it is certainly not a great way to invest if you keep thinking it will constantly go down.

I believe it has seen the bottom and it will go up, there is no way that we are going to even further down, it is a good situation to be and we shouldn't be constantly think about the possibility of a drop. I mean being ready for it is something else, have a stop loss if you want, but expecting it versus being ready for it are different things.

Some of the time, it's just guys who hope for the market to go down some more so they can buy more for the same amount of money.  I'd be lying if I said I didn't want that.  At other times, it's also some guys who bought around 30k, sold at a loss at around 18k or somewhere near the lows, realized they made a mistake and now want to buy back lower.  I'd also be lying if I didn't make this mistake before.  Lol.  

Back in the day, I also used to fud my own bags for the lulz because I was frustrated.    It's so funny thinking about it now.  So immature...

All of us did really go up into that point on which decisions been made are really indeed immature but on the time that we do gets older and do get that experience then we are really that been aware
on what we had done in the past and on the time we do remember it then we do just simply smile and realize on how dumb we are into those newbie days or moments.
For now on the time that we had been that aware at least then we do know on what we would gonna do but there are still indeed times that we do boggle still our mind and
emotion and still have a hard time on making up some on point decisions basing on the current market conditions.

[Hispo]

I am expecting the price of Bitcoin to stay between 15k and 18k this month.
It will probably continue going sideways during January, the price may have a chance to increase after the winter is over and the economy in the northern hemisphere warns up. More people will have more chances to invest after they can forget about keeping themselves warm during the season.

I am aiming for a stable mid year in 2023, implying no major exchange collapses again.

[aylabadia05]

I am expecting the price of Bitcoin to stay between 15k and 18k this month.
It will probably continue going sideways during January, the price may have a chance to increase after the winter is over and the economy in the northern hemisphere warns up. More people will have more chances to invest after they can forget about keeping themselves warm during the season.

I am aiming for a stable mid year in 2023, implying no major exchange collapses again.

Since the FUD about Binance a while back, I also thought that the Bitcoin price this December would continue to move sideways and a possible scenario that the price would stay between 15K and 18K.
The highest spike in Bitcoin price this week was $18,xxx and after that the price went down slowly. Nonetheless, we still strongly believe that Bitcoin's future journey is unshakable amidst the various FUDs played by market participants.

[peter0425]

I am expecting the price of Bitcoin to stay between 15k and 18k this month.
It will probably continue going sideways during January, the price may have a chance to increase after the winter is over and the economy in the northern hemisphere warns up. More people will have more chances to invest after they can forget about keeping themselves warm during the season.

I am aiming for a stable mid year in 2023, implying no major exchange collapses again.

Sounds legit mate , because indeed that 15k is the bottom and maybe that 18 is the highest we can get though there are still plenty of days left before we close this 2022.

 maybe 20k can be considered since there are mostly good things coming when December starts to end?

[Poker Player]

Well, it's been two thirds of a month already, but for the little that's left, and early next year, we're going to be bored, very bored. Unless we have one more exchange going bust or news like that, in which case the price would fall, or we have good news, which is unlikely, we are going to stay in the boring $17k-$20k or so band.

[tokeweed]

Well, it's been two thirds of a month already, but for the little that's left, and early next year, we're going to be bored, very bored. Unless we have one more exchange going bust or news like that, in which case the price would fall, or we have good news, which is unlikely, we are going to stay in the boring $17k-$20k or so band.

Lmao yeah.  Where are those guys who were saying that we'd be having a Santa Claus pump this month?  It def doesn't look like Santa will be obliging us.  



But then again we still have 11 days til the end of the month.  Anything can still happen.  But for now, everything looks meh.  But all it takes is a little trend going up for a couple of weeks then we all start becoming more bullish again.  

As for the poll it looks like the guys who voted 'yes' are still right.  Locking the poll now...

[dimonstration]

Well, it's been two thirds of a month already, but for the little that's left, and early next year, we're going to be bored, very bored. Unless we have one more exchange going bust or news like that, in which case the price would fall, or we have good news, which is unlikely, we are going to stay in the boring $17k-$20k or so band.

Lmao yeah.  Where are those guys who were saying that we'd be having a Santa Claus pump this month?  It def doesn't look like Santa will be obliging us.  



But then again we still have 11 days til the end of the month.  Anything can still happen.  But for now, everything looks meh.  But all it takes is a little trend going up for a couple of weeks then we start becoming bullish again. 

LOL, Santa is busy pumping different things than focusing on Bitcoin. Seriously we will be having yearly close which means a possible relief or dump harder is what’s next on the remaining days of December. I agree on PP that the price will just be on that boring range until January but I’m expecting a dip during the first quarter of the next year since there’s still no good news about inflation while Binance FUD might stirred a little bit more.

Having a bull run on this remaining days of December is very hard to achieve aside from relief. I believe a double bottom on 10k is what I want to see before I believe that real bull run will come.

[rodskee]

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.

[pooya87]

Well, it's been two thirds of a month already, but for the little that's left, and early next year, we're going to be bored, very bored. Unless we have one more exchange going bust or news like that, in which case the price would fall, or we have good news, which is unlikely, we are going to stay in the boring $17k-$20k or so band.

Lmao yeah.  Where are those guys who were saying that we'd be having a Santa Claus pump this month?  It def doesn't look like Santa will be obliging us. 

Santa froze to death because of gas and coal shortage plus firewood price rally

But in all seriousness the final FED desperate attempts to handle inflation should start stabilizing the economy since their interest rate manipulation is not going to have any effects anymore so the inflation can naturally grow and reach its realistic value while recession also solidifies in US economy. Then we can start seeing bitcoin market go back to normal.

[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.

[michellee]

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.

[btc_angela]

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.

We simply can't just penetrate $20k at the end of the year. Buyers are exhausted already, and then we have the sellers or most probably short term traders who sell when the price peak at $18k pulling the price down again.

So for me, we just have to face the music at the end of 2022 that we can't get over that big support line of $20k. The best we can have right now is $16k.

Better to acknowledged that this bear market is one if not the worst year for all of us.

[ShowOff]

So for me, we just have to face the music at the end of 2022 that we can't get over that big support line of $20k. The best we can have right now is $16k.

$16K doesn't seem like strong support during December, I still might expect $15K to be a new support during the end of this year. However there is no harm in hoping something good like a price jump to $18K to $20K could happen before the new year, it is always possible and nothing is impossible. I'm just inclined to think that this sideway will last longer into the new year, just a guess.

There are celebrations and holidays ahead, so a slight dip or correction may occur due to some sales. Not to worry too much, I won't get to that stage even if bitcoin down to $14K.

[MoonOfLife]

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.