BTC Sentiment Poll for September

[philipma1957]

The price rebounded quickly from the bottom of 25,600, which confirms that it is still possible to retest 31,000 again during this month, but the possibility that we will reach levels of 38,000 thousand to 42,000 has become a little more difficult. Thus, we can say that during this month, the best we will get is to retest 31,000 again.

it is still possible for us to be between 19,500 and 24,785. Therefore, during this month, if the price does not move higher, the end of this month will definitely be between these two levels.

<snip>

I feel 38 to 42k is a must by April 1st 2024

Mostly because it is the number needed to not collapse miners.

But that is 5-6 months away.

My hope is we move quickly to 33-35k in sept-oct this year.  Thus we take the fear away of the need for 38k-42k by April 1 2024.

As always I am a slanted person as I mostly mine to get income.

[LittleBitFunny]

SADTember was here and my sentiment would follow that this time is best to accumulate more and dca would great and sell up later next month or after halving. and my opinion there is possibility that bitcoin price will down to 24-20K

I hope that it's going to get lower than what many bears expect the market would go down. Going down to 20k would be a different story imo, that would test the confidence of the people on the bitcoin market and I know that most people here isn't easily shaken when a drastic price drop happens but the price going 20k below is just too much, a lot will definitely panic sell and hopefully I'm just overthinking about that part because the price affects market sentiment and confidence.

Investors who hold more altcoins in their wallets than bitcoin will panic more when the price of bitcoin falls below $20,000.
Thousands of altcoins are already losing value over the bitcoin price fall, which is currently trading at roughly $26,000. Imagine the situation if bitcoin drops below $20k. Many altcoins in the crypto space will disappear as a result.
September red month should end soon; let's have some green light. 

Everyone knows altcoins are risky and can even lose everything if invested in the wrong coin but that doesn't mean they will all disappear if bitcoin falls below $20k. Even though bitcoin dropped to $15k last year, many altcoins are still around and doing well so far, there is no reason to disappear now. Furthermore, bitcoin's decline and many altcoins falling in price is a good time to buy Dip, not a time to panic. The stronger the price decline, the greater the profit generated during the bull season, don't forget that altcoins will bring better profits than bitcoin during the bull season.

[Jating]

The price rebounded quickly from the bottom of 25,600, which confirms that it is still possible to retest 31,000 again during this month, but the possibility that we will reach levels of 38,000 thousand to 42,000 has become a little more difficult. Thus, we can say that during this month, the best we will get is to retest 31,000 again.

it is still possible for us to be between 19,500 and 24,785. Therefore, during this month, if the price does not move higher, the end of this month will definitely be between these two levels.

<snip>

I feel 38 to 42k is a must by April 1st 2024

Mostly because it is the number needed to not collapse miners.

But that is 5-6 months away.

My hope is we move quickly to 33-35k in sept-oct this year.  Thus we take the fear away of the need for 38k-42k by April 1 2024.

As always I am a slanted person as I mostly mine to get income.

If I'm not mistaken, there is a prediction that at least $50k at the end of the year. But I don't see it happening though, as we have a hard time breaking $30k and I think that will be the mental barrier for now.

So let's see, for now the market is still trading sideways and it could continue up to the end of the month. And if that happens, then maybe the last 3 months might be the same with slow to none movement.

[bitgolden]

If I'm not mistaken, there is a prediction that at least $50k at the end of the year. But I don't see it happening though, as we have a hard time breaking $30k and I think that will be the mental barrier for now.

So let's see, for now the market is still trading sideways and it could continue up to the end of the month. And if that happens, then maybe the last 3 months might be the same with slow to none movement.

I agree, it is doing fine as of right now but I do not see it reaching that 50k price. I get that people see it like this and think that it is not going to go up, I am not one of those people and I think that it will go up but I think it will not go up that much, I think it is going to change a lot but not enough for that.

I sense that even on the best possibility, we are going to see about 40k to be hit and nothing more, that would be the best case of it. I get that it is going to end up with something that is a bit different, and it should have some sort of situation that would be different in the end but not 50k. Hopefully it gets there though, I could be wrong and we could see 50k and I would be very happy to be wrong.

[Falconer]

-snip-

I agree, it is doing fine as of right now but I do not see it reaching that 50k price. I get that people see it like this and think that it is not going to go up, I am not one of those people and I think that it will go up but I think it will not go up that much, I think it is going to change a lot but not enough for that.

I sense that even on the best possibility, we are going to see about 40k to be hit and nothing more, that would be the best case of it. I get that it is going to end up with something that is a bit different, and it should have some sort of situation that would be different in the end but not 50k. Hopefully it gets there though, I could be wrong and we could see 50k and I would be very happy to be wrong.

Price movement is still quite slow for short-term time frames, so I don't really believe $30k can be broken this September. The $30k resistance is likely to be broken in October which will hopefully create a lot of higher demand so that the price can break through $32k which has still failed in the previous few months. Of course there is hope, but considering that the halving is still far away, people may prefer to be careful.

For $50k it doesn't seem likely to happen later in the year considering the halving will happen in April. If that is achieved in December then of course we can expect higher prices at the halving so that miners are truly rewarded.

[tokeweed]

^  But PA looks like it's starting to get some momentum to the upside since the time it dropped to 24.9k last week.  And it kinda slowed down the last two days but just a couple of hours ago or so, seems like it's picking up again.  It's looking good so far.  Let's just hope it won't do the shenanigans it did at the end of August.  Mofos ran the stops and got a lot of people sidelined.  Lol.

But yeah...  Let's see if it makes a clean break above 28k.

[fzkto]

^  But PA looks like it's starting to get some momentum to the upside since the time it dropped to 24.9k last week.  And it kinda slowed down the last two days but just a couple of hours ago or so, seems like it's picking up again.  It's looking good so far.  Let's just hope it won't do the shenanigans it did at the end of August.  Mofos ran the stops and got a lot of people sidelined.  Lol.

But yeah...  Let's see if it makes a clean break above 28k.

It seems to me that price manipulation is going on now. It can be said that the fall has been going on for several months, but the volatility is not big and there are pullbacks. Although September looks green on the monthly chart. That's good so far.

[YUriy1991]

I feel 38 to 42k is a must by April 1st 2024

A reasonable and useful analysis. That's right, BTC should cross $31K first either by the middle of this month or the end of this month.

Mostly because it is the number needed to not collapse miners.

But that is 5-6 months away.

My hope is we move quickly to 33-35k in sept-oct this year.  Thus we take the fear away of the need for 38k-42k by April 1 2024.

As always I am a slanted person as I mostly mine to get income.

Anyways, back to the game and a great start to the New Year for those holding Bitcoin  .

[ShowOff]

^  But PA looks like it's starting to get some momentum to the upside since the time it dropped to 24.9k last week.  And it kinda slowed down the last two days but just a couple of hours ago or so, seems like it's picking up again.  It's looking good so far.  Let's just hope it won't do the shenanigans it did at the end of August.  Mofos ran the stops and got a lot of people sidelined.  Lol.

But yeah...  Let's see if it makes a clean break above 28k.

The possibility of $28k at the end of September remains, but if traders tend to panic and prefer to take short-term profits, then I am sure $28k will not be reached by the end of the month. The fact is that it is like that considering that today Bitcoin, which hit $27.4k, cannot last much longer. I'm still optimistic about that possibility, but I'm hesitant to expect $28k before October.

If by the end of this month bitcoin is able to break through $28k, then of course in October a price recovery to $30k can be expected. But right now I hope $26k can become a strong support and it would even be better if $27k can become a new support instead of resistance.

[tokeweed]

^  But PA looks like it's starting to get some momentum to the upside since the time it dropped to 24.9k last week.  And it kinda slowed down the last two days but just a couple of hours ago or so, seems like it's picking up again.  It's looking good so far.  Let's just hope it won't do the shenanigans it did at the end of August.  Mofos ran the stops and got a lot of people sidelined.  Lol.

But yeah...  Let's see if it makes a clean break above 28k.

It seems to me that price manipulation is going on now. It can be said that the fall has been going on for several months, but the volatility is not big and there are pullbacks. Although September looks green on the monthly chart. That's good so far.

Yup, you might be right.  Low volatility and low volume makes for an easier market to manipulate.    But it's not totally manipulated, some of the price action comes from big buyers or sellers who move the price due to the volume they bring to the market.  It's the one in between that's being manipulated when traders run the stops.

But yeah, looks like there's not gonna be a 28k break out.  But then again as soon as I post this, the market starts ripping up again...  Watch. 

[beerlover]

It seems to me that price manipulation is going on now. It can be said that the fall has been going on for several months, but the volatility is not big and there are pullbacks. Although September looks green on the monthly chart. That's good so far.

Yup, you might be right.  Low volatility and low volume makes for an easier market to manipulate.    But it's not totally manipulated, some of the price action comes from big buyers or sellers who move the price due to the volume they bring to the market.  It's the one in between that's being manipulated when traders run the stops.

But yeah, looks like there's not gonna be a 28k break out.  But then again as soon as I post this, the market starts ripping up again...  Watch. 

Well it is basically the proof that we do not know what the market is capable of doing, that is why I find that to be as normal as it gets. I get that it may not be that much of a big deal at this second but I think short term traders that do not understand it as much as us would be in big trouble. I am fine because I am not doing anything that is shocking, but that doesn't mean that I am not going to end up making any big changes.

Hopefully it would reach to a point where it goes up on the long term because even though I may not know what September will bring, I can hold for years and that means I could make it work better that way. It is going to end up with something that is much better and should be a big deal in the end.

[doomloop]

I feel 38 to 42k is a must by April 1st 2024

A reasonable and useful analysis. That's right, BTC should cross $31K first either by the middle of this month or the end of this month.

Well, that doesn't seem to be happening this month because Bitcoin is still moving sideways between $25k and $27k, it has tried a couple of times to break out from this range and go up but it failed and it is back to where it was a bit earlier. So, I believe we might see some action next month which we couldn't see this month, but it's obviously going to be difficult for Bitcoin to break out of the resistance at $31k which was pretty strong earlier.

If we are aiming for the market to reach at least $38k by April, next year, it will need to start going up pretty soon because it will obviously not go straight up from this point and there will be small dips and corrections in the way which will make it take some time before it reaches that target.

[pooya87]

If we are aiming for the market to reach at least $38k by April, next year, it will need to start going up pretty soon because it will obviously not go straight up from this point and there will be small dips and corrections in the way which will make it take some time before it reaches that target.

Tiny prices such as $38k are a stones throw from the current price. All it takes is a start of the rally to reach something like $38k in about a week or two. The problem is the start however. Also keep in mind that anything below the previous ATH is technically not a very strong resistance as long as the rising momentum is there, it doesn't have to be a strong momentum either.

[cryptomaniac_xxx]

^  But PA looks like it's starting to get some momentum to the upside since the time it dropped to 24.9k last week.  And it kinda slowed down the last two days but just a couple of hours ago or so, seems like it's picking up again.  It's looking good so far.  Let's just hope it won't do the shenanigans it did at the end of August.  Mofos ran the stops and got a lot of people sidelined.  Lol.

But yeah...  Let's see if it makes a clean break above 28k.

The possibility of $28k at the end of September remains, but if traders tend to panic and prefer to take short-term profits, then I am sure $28k will not be reached by the end of the month. The fact is that it is like that considering that today Bitcoin, which hit $27.4k, cannot last much longer. I'm still optimistic about that possibility, but I'm hesitant to expect $28k before October.

It was a surprised though to see the price getting into $27.5 last two weeks if I'm not mistaken, but it didn't hold. So it's very unpredictable right now and we could be just going sideways.

If by the end of this month bitcoin is able to break through $28k, then of course in October a price recovery to $30k can be expected. But right now I hope $26k can become a strong support and it would even be better if $27k can become a new support instead of resistance.

I also doubt that we can break into $28k this September. It's going to be the big resistance and even if we breach, we will have to face the biggest for this year and that is $30k. And with that, short-term? we are still in the bear market.

[fzkto]

If we are aiming for the market to reach at least $38k by April, next year, it will need to start going up pretty soon because it will obviously not go straight up from this point and there will be small dips and corrections in the way which will make it take some time before it reaches that target.

Tiny prices such as $38k are a stones throw from the current price. All it takes is a start of the rally to reach something like $38k in about a week or two. The problem is the start however. Also keep in mind that anything below the previous ATH is technically not a very strong resistance as long as the rising momentum is there, it doesn't have to be a strong momentum either.

Bitcoin has never been able to break resistance around 32k this year. It seems to me that if we talk about a new ATH, it will happen not earlier than in a year. I guess it's logical to expect it after halving. As for this September, it seems to me that nothing serious will happen in the coming weeks and bitcoin will continue to move sideways.

[Bitcoin_people]

So after we got slightly bullish for July when June had a green candle, BTC went down more at around 11% for August.  :/

So yeah, judging from the latest price action it looks like 28k is the immediate resistance rn with 25k the immediate support.  How do you guys think will September play out for BTC..?

And remember, it's just a sentiment check.  Just say how you feel.

Bitcoin price was bullish in August but compared to that we thought that the Bitcoin market could go up in September. But September is almost over but no change is seen in Bitcoin market rather bears are in the market. Although the price of Bitcoin is currently at $26,000, its change is not much, but we can expect some increase in the price of Bitcoin in the next month. Bitcoin price did not rise much this month but we can definitely expect better prices from Bitcoin in the coming months.

[dragonvslinux]

^  But PA looks like it's starting to get some momentum to the upside since the time it dropped to 24.9k last week.  And it kinda slowed down the last two days but just a couple of hours ago or so, seems like it's picking up again.  It's looking good so far.  Let's just hope it won't do the shenanigans it did at the end of August.  Mofos ran the stops and got a lot of people sidelined.  Lol.

But yeah...  Let's see if it makes a clean break above 28k.

It seems to me that price manipulation is going on now. It can be said that the fall has been going on for several months, but the volatility is not big and there are pullbacks. Although September looks green on the monthly chart. That's good so far.

Yup, you might be right.  Low volatility and low volume makes for an easier market to manipulate.    But it's not totally manipulated, some of the price action comes from big buyers or sellers who move the price due to the volume they bring to the market.  It's the one in between that's being manipulated when traders run the stops.

But yeah, looks like there's not gonna be a 28k break out.  But then again as soon as I post this, the market starts ripping up again...  Watch. 

I'm still waiting for $23K where the volume lies if $28K resistance level isn't reclaimed, which seems unlikely for now. Price has been rejected from the 50 Day MA after death cross earlier in the month, confirming some bearish sentiment in the immediate term, so I think a deeper correction is coming, even if not considerably deeper. While breaking $25K hasn't happened this month I imagine by next month price will slide further to the downside if there isn't some positive news catalyst or event. Ultimately price seems relatively "fragile" between $25K and $30K these past 6 months that it could still go either way.

Hopefully next month will bring some price movement, even if it's a bit further down before rebounding to the upside. Best to get these things over with if they are to occur. A bit like re-testing $20K back in March. It look a while to get there but once it did it cleared the path for further upside. It generally just seems like buyers aren't as excited at >$25K prices anymore and would now prefer <$25K.

[tokeweed]

^  The guys who want further down side are the ones who are prolly mostly sidelined with most of their bankroll still in stables.  I was kinda thinking 25k would've broken down by now after seeing how the US stock market is being pummeled.  But it seems like crypto doesn't care what happens during US session these days.

And speaking of which...  Looks like BTC came alive for no reason.  Lol.  Good to see it tho.  Hopefully it gathers enough momentum to break out 28k around the first couple of weeks of October.  It's due for a long green one for the month.  

[Jating]

^  The guys who want further down side are the ones who are prolly mostly sidelined with most of their bankroll still in stables.  I was kinda thinking 25k would've broken down by now after seeing how the US stock market is being pummeled.  But it seems like crypto doesn't care what happens during US session these days.

And speaking of which...  Looks like BTC came alive for no reason.  Lol.  Good to see it tho.  Hopefully it gathers enough momentum to break out 28k around the first couple of weeks of October.  It's due for a long green one for the month.  

Just a bit of push though, I thought in the last 8 hours that we could have broken $27k, but it's not meant to be. But I do not think that it's a mental barrier though. Couple of days at the end of the month? who knows?

But I guess almost everyone see this coming, price still moving sideways with no break out run. So we will see what October brings or at least this end of the year. My prediction of around $40k at the end of 2023 might not be hit though.

[Fatunad]

^  The guys who want further down side are the ones who are prolly mostly sidelined with most of their bankroll still in stables.  I was kinda thinking 25k would've broken down by now after seeing how the US stock market is being pummeled.  But it seems like crypto doesn't care what happens during US session these days.

And speaking of which...  Looks like BTC came alive for no reason.  Lol.  Good to see it tho.  Hopefully it gathers enough momentum to break out 28k around the first couple of weeks of October.  It's due for a long green one for the month.  

Just a bit of push though, I thought in the last 8 hours that we could have broken $27k, but it's not meant to be. But I do not think that it's a mental barrier though. Couple of days at the end of the month? who knows?

But I guess almost everyone see this coming, price still moving sideways with no break out run. So we will see what October brings or at least this end of the year. My prediction of around $40k at the end of 2023 might not be hit though.

It did really just look like a bull trap on which sudden rise on a few dollars but it didnt really sustain long on which it did really end up on having that correction after that and did make move on the same line it was few hours ago but good thing that it didnt really go below $25k which i was really that totally boggled if there are some sudden news but i hadnt been able to see one on which simply means that there might be some
whales or some huge buys that kicked in and resulting into that small pump. For those who do make out some long position did really benefit out with that recent pump and this is something that you could really be able to get or benefit on on the time that the market would really be making out move which would really be in line on what you had predicted.

^  The guys who want further down side are the ones who are prolly mostly sidelined with most of their bankroll still in stables.  I was kinda thinking 25k would've broken down by now after seeing how the US stock market is being pummeled.  But it seems like crypto doesn't care what happens during US session these days.

And speaking of which...  Looks like BTC came alive for no reason.  Lol.  Good to see it tho.  Hopefully it gathers enough momentum to break out 28k around the first couple of weeks of October.  It's due for a long green one for the month.  

External factors could neither give out some effect or not and its not something that new or shocking anymore. This is what makes you that hinder on making out some decisioning
basing on fundamentals or technicals knowing that every happening couldnt really make out assurance or would be signifying that it would be making
out that significant effect it could neither be moving or just simply be ignored.