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Question: Where does BTC end 2023 ?  (Voting closed: November 01, 2023, 01:49:29 PM)
>UP to New all time high    (or near) - 11 (31.4%)
=We dont greatly move anywhere - sideways - 13 (37.1%)
- Lower back to 20k or nearby - 3 (8.6%)
Prices are random - 8 (22.9%)
Dont know dont care - 0 (0%)
Total Voters: 35

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Author Topic: 2023 end game sentiment check  (Read 792 times)
Aanuoluwatofunmi
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October 31, 2023, 01:58:57 PM
 #61

We dont have a great deal of time left in 2023 but speed can pick up & BTC tends to run in these last few months.

This will be a good thing to mark the end of the year with because better is the end of a thing than the beginning thereof, just as October had already been seen for this to begin the season for bull, now if we also have the remaining months left for the year to serve as bull market isn't bad, because we've been on the dip for a while hoping for season like this to come.

Even main markets can sometimes spark into something around the December or winter months, maybe its because of holidays that movement is more notable to occur then over the summer where for centuries a noted drift has been fable.

We can experience a surge in the bitcoin market price at any time, there are many factors that can be a determinant to set for this kind of experience each time we are due for that, the remaining months in this year are likely going bullish.

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jaberwock
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October 31, 2023, 05:22:14 PM
 #62

Let me make it easy. We have seen Bitcoins follows the history, and we have seen a pattern in it. We have seen Bitcoins reach a new ATH price in every 4 years. Now if we see the records, then 2024 is the 4th year. So everyone is expecting Bitcoins to reach new ATH price in 2024, hence by the end of 2023, we expect Bitcoins to cross atleast 50k usd or more. If this target is achieved then only we can see something big from Bitcoins in the coming year.
But, I think there are also times that it wasn't followed, so don't be too confident. If only the history always repeats itself, many or all of us here are now rich because we already know what are the things that we will do. There's are also people who simply lacks in patience. So even if some things repeat, they don't have any coins anymore to sell during those best moments. We can cross $50k but there are no guarantees that it will continue.

Well, at least we see that there is still an effort. If we can make use of the fluctuations we can still earn. Not only traders can do it but investors too. Specifically the short and mid term one's

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October 31, 2023, 06:29:47 PM
 #63

The month of octobar remains positive mostly due to its previous month's usual negative price action. The month of november can be positive or negative but from december to march before the year of bitcoin halving, the bitcoin market shows a correction to liquidate long and short positions is mass before the bull starts its rally. This is historically accurate but this time it can be different though i think history will repeat itself this time too. I don't think the bitcoin price will exceed 40k this year nor will it go down to the $28k level.
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October 31, 2023, 09:26:53 PM
 #64

According to global economic indicators, a recession in the United States is inevitable. In this case, there may be a decline in the cryptocurrency markets in the coming periods and another decline such as the covid decline in the Nasdaq S&P stock markets can be expected. If the conflict in the Middle East escalates further, the situation could be reversed. Gold and Bitcoin will come to the fore as capital preservation tools and, sorry, the markets will continue to feed on blood.

In the opposite scenario, we could face a prolonged period of high interest rates, tight monetary policy and limited liquidity, and the crypto bull market will come later than expected. The end of 2023 is just around the corner and the escalating conflict in the world is preventing Bitcoin's decline and declining demand for Bitcoin. The continuation of the war in the Middle East seems inevitable and I think Bitcoin will close the year above $40k.

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October 31, 2023, 10:10:02 PM
 #65

~
Bitcoin will reach as high as $50,000 by the end of the year.
This might be higher depending on what will be the verdict of SEC with regards to the Blackrock fling for a Spot Bitcoin ETF .

If it will not get accepted this year, I guess the safest one would be at around the $40,000, but if out of nowhere it gets accepted, my prediction of $50,000 might be too low. On the other hand, there might be a chance that it will go below $30,000 again, but the chances are low unless there will be some bad news happening that will affect the market.

Base on history, Bitcoin's price tend to go up during the final months of the year, so there's a chance that it might happen again.

 
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AmoreJaz
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October 31, 2023, 10:18:08 PM
Last edit: October 31, 2023, 10:42:34 PM by AmoreJaz
 #66

According to global economic indicators, a recession in the United States is inevitable. In this case, there may be a decline in the cryptocurrency markets in the coming periods and another decline such as the covid decline in the Nasdaq S&P stock markets can be expected. If the conflict in the Middle East escalates further, the situation could be reversed. Gold and Bitcoin will come to the fore as capital preservation tools and, sorry, the markets will continue to feed on blood.

In the opposite scenario, we could face a prolonged period of high interest rates, tight monetary policy and limited liquidity, and the crypto bull market will come later than expected. The end of 2023 is just around the corner and the escalating conflict in the world is preventing Bitcoin's decline and declining demand for Bitcoin. The continuation of the war in the Middle East seems inevitable and I think Bitcoin will close the year above $40k.

this is why keeping tabs on what may happen to the world in these final months will help us on what may possibly happen to this market. as the market is very volatile and influenced by so many factors, what we can do is wait and see what's gonna be happening in these coming days. we need to look out for these big stakeholders about what they are doing and we can get insights on where they are heading at.

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October 31, 2023, 10:29:54 PM
 #67

~
Bitcoin will reach as high as $50,000 by the end of the year.
This might be higher depending on what will be the verdict of SEC with regards to the Blackrock fling for a Spot Bitcoin ETF .

If it will not get accepted this year, I guess the safest one would be at around the $40,000, but if out of nowhere it gets accepted, my prediction of $50,000 might be too low. On the other hand, there might be a chance that it will go below $30,000 again, but the chances are low unless there will be some bad news happening that will affect the market.

Base on history, Bitcoin's price tend to go up during the final months of the year, so there's a chance that it might happen again.

I like your bullish prediction. 40 thousand even if the ETF is not approved? I doubt that we'll do that good this year.

The way I see this market we're going to bounce around between 30 and 35 and if the ETF is approved we'll push higher. Even if it doesn't we could start a new rally in January bit I just don't see us making 40 before the end of the year without major news.

It's possible US stock market will crash in the coming months and we'll see how bitcoin reacts. It used to react to these big stock selloffs. In 2020 stocks crashed and bitcoin followed. I hope we can finally break this trend and be independent.
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October 31, 2023, 10:42:35 PM
 #68

this is why keeping tabs on what may happen to the world in these final months will help us on what may possibly happen to this market. as the market is very volatile and influenced by so many factors, what we can do is wait and see what's gonna be happening in these coming days.
Monitoring things that might happen in the market due to several factors is also part of preparation to face any conditions that will occur in the market and in life. Because apart from having to use time to make monitoring which is considered important, I think everyone also needs to prepare reserve money to prepare to buy when there is a momentary decline in prices in the market. Because that would be much better than just watching like someone watching without making any preparations for action.
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November 01, 2023, 05:12:40 AM
 #69

It is looking convincing that next halving will see the price of bitcoin reaching a new ATH from the current and usually that is how it happens. However, I'm still surprised that the price keeps going higher despite that during this time in the past, the price doesn't get high as it is selling now at $34k. I think the hodlers of bitcoin are part of the reason for the price steadily improving to this time. If the steady increase continue until the ending of this year to the beginning of next year, it means halving will hit the market at a time it is already bullish and that may be the first time it will happen.
Maybe because everyone is still holding and positive about the ETF approval since there’s no news available regarding it that will create FUD to the market. It’s also understandable why everyone is holding since there’s upcoming big event on crypto that will make the market bullish which is Bitcoin halving.

We might see some retrace in the following weeks before another huge pump will occur assuming everything will be as is without any manipulation.
Yeah, I can feel that many still believes that it will be accepted. Some already loses their hope but it doesn't mean they also give up on hodling. No, because they know there are still good reasons on why they should continue what they have started. If fake news about ETF is possible then why not the FUD's about it? I think it's also possible but only weak people are going to be affected by it. Sorry to say this but manipulations will never disappear. But what makes it different from the normal market? I mean we can still see a retracement and then a huge pump, though maybe the intensity can be higher but I think that was a good thing.

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November 01, 2023, 02:03:58 PM
 #70

The month of octobar remains positive mostly due to its previous month's usual negative price action. The month of november can be positive or negative but from december to march before the year of bitcoin halving, the bitcoin market shows a correction to liquidate long and short positions is mass before the bull starts its rally. This is historically accurate but this time it can be different though i think history will repeat itself this time too. I don't think the bitcoin price will exceed 40k this year nor will it go down to the $28k level.


Ser, it was what they say as the month of UPtober. But for the month of November, I believe there was a Bitcoin price monthly table that was posted in one of the topics that illustrates that November = MOONvember.

Cool

Plus I agree that there's some probability that Bitcoin crashes before it surges after the halving, BUT that would be caused by something very unexpected. A Black Swan, and there's no point in trying to know because actually knowing before it happened would make it not a Black Swan.

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November 04, 2023, 08:21:38 PM
 #71

It is looking convincing that next halving will see the price of bitcoin reaching a new ATH from the current and usually that is how it happens. However, I'm still surprised that the price keeps going higher despite that during this time in the past, the price doesn't get high as it is selling now at $34k. I think the hodlers of bitcoin are part of the reason for the price steadily improving to this time. If the steady increase continue until the ending of this year to the beginning of next year, it means halving will hit the market at a time it is already bullish and that may be the first time it will happen.
Maybe because everyone is still holding and positive about the ETF approval since there’s no news available regarding it that will create FUD to the market. It’s also understandable why everyone is holding since there’s upcoming big event on crypto that will make the market bullish which is Bitcoin halving.

We might see some retrace in the following weeks before another huge pump will occur assuming everything will be as is without any manipulation.
Yeah, I can feel that many still believes that it will be accepted. Some already loses their hope but it doesn't mean they also give up on hodling. No, because they know there are still good reasons on why they should continue what they have started. If fake news about ETF is possible then why not the FUD's about it? I think it's also possible but only weak people are going to be affected by it. Sorry to say this but manipulations will never disappear. But what makes it different from the normal market? I mean we can still see a retracement and then a huge pump, though maybe the intensity can be higher but I think that was a good thing.
On the time that you had stepped your foot into this market then you should really be that come prepared or else you would really be just that simply freaking out on how prices would really be moving.
If you wouldnt really be that able to make yourself that get prepared then expect you would really be having that kind of reaction on which you would really be starting to doubt if its really that wise for you to have this kind of involvement or dealing with this market. The primary thing that you would really be needing to consider is to accept the risks on this volatile space and trying out to prepare on handling yourself into something which si really that totally unpredictable. In overall in talks about end game then there's no way that we could be able to tell on where prices would be going yet everything would really be that varying on the demand and recognition.

Always make yourself that get prepared for whatever non obvious manipulations on which this market could have. It might not really be that obvious but its not something that would be impossible.
Expect for FUds and Fomo's that could exist or really that would be wandering around into this market. You should really be that having a tough emotion and thinking or mindset
on sticking into your own trading ways and analysis in regarding about into your position. Dont make yourself that easily get affected even if it isnt really that necessary.

R


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November 04, 2023, 08:56:23 PM
 #72

The month of octobar remains positive mostly due to its previous month's usual negative price action. The month of november can be positive or negative but from december to march before the year of bitcoin halving, the bitcoin market shows a correction to liquidate long and short positions is mass before the bull starts its rally. This is historically accurate but this time it can be different though i think history will repeat itself this time too. I don't think the bitcoin price will exceed 40k this year nor will it go down to the $28k level.


Ser, it was what they say as the month of UPtober. But for the month of November, I believe there was a Bitcoin price monthly table that was posted in one of the topics that illustrates that November = MOONvember.

Cool

Plus I agree that there's some probability that Bitcoin crashes before it surges after the halving, BUT that would be caused by something very unexpected. A Black Swan, and there's no point in trying to know because actually knowing before it happened would make it not a Black Swan.

Yes sir, it will take another black swan event like the Terra Luna or FTX collapse to bring the market down. However, I think we have pass that stage already, not seeing any black swan events that will dampen the market again just like what happen last year wherein there's string of bad luck in the market. Or shall we say that how the market reacts after a bull run, from all time high of $69k->$15,500 lowest low.

So why not? October still proves that it is will continue one of the best months for Bitcoin and it really did. And from the last lowest low, we are now 100%++, so that is already a big accomplishment for us. But it's not done yet, pre-halving we might be looking at around $41k-$45k price range.

With that, next 2 months will still be as exciting year ender for everyone.

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November 04, 2023, 09:36:25 PM
 #73

 Any answer you feel like is correct.  Im not asking for a precise prediction just mostly a thumbs up or down, its purely the idea that peoples feeling alter and sometimes market effects are ironic; its worth noting how bullish the crowd is.
The majority of crypto investors can't be expecting a bullish end of the year for bitcoin at this last quarter of the year, they would prefer to see a moderate price of $35k - $40k by the end of the year.
At this end of the year, so many of us would vote for bitcoin to move sideways in price but not to lower back to $20k or not near ATH.
From my observation, I think the price of bitcoin will continue to range from $33k to $40k in pricing towards the end of the year.

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November 05, 2023, 06:39:17 AM
 #74

 Any answer you feel like is correct.  Im not asking for a precise prediction just mostly a thumbs up or down, its purely the idea that peoples feeling alter and sometimes market effects are ironic; its worth noting how bullish the crowd is.
The majority of crypto investors can't be expecting a bullish end of the year for bitcoin at this last quarter of the year, they would prefer to see a moderate price of $35k - $40k by the end of the year.
At this end of the year, so many of us would vote for bitcoin to move sideways in price but not to lower back to $20k or not near ATH.
From my observation, I think the price of bitcoin will continue to range from $33k to $40k in pricing towards the end of the year.
I agree with you too in terms of the price range expected by the end of this year. Bitcoin have kissed $35k few times already and went back to below $35k, so I believe on few attempts more, it will break that zone and reach for the $43k area where I'm seeing close for the year as we prepare for bigger moves from January 2024.

If there will be bull run next year, this year will shown the signs already as it has been in the past.  This year will not really be much different even though more factors are at play now than in previous years.

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November 05, 2023, 11:14:50 AM
 #75

The month of octobar remains positive mostly due to its previous month's usual negative price action. The month of november can be positive or negative but from december to march before the year of bitcoin halving, the bitcoin market shows a correction to liquidate long and short positions is mass before the bull starts its rally. This is historically accurate but this time it can be different though i think history will repeat itself this time too. I don't think the bitcoin price will exceed 40k this year nor will it go down to the $28k level.


Ser, it was what they say as the month of UPtober. But for the month of November, I believe there was a Bitcoin price monthly table that was posted in one of the topics that illustrates that November = MOONvember.

Cool

Plus I agree that there's some probability that Bitcoin crashes before it surges after the halving, BUT that would be caused by something very unexpected. A Black Swan, and there's no point in trying to know because actually knowing before it happened would make it not a Black Swan.

Yes sir, it will take another black swan event like the Terra Luna or FTX collapse to bring the market down. However, I think we have pass that stage already, not seeing any black swan events that will dampen the market again just like what happen last year wherein there's string of bad luck in the market. Or shall we say that how the market reacts after a bull run, from all time high of $69k->$15,500 lowest low.

So why not? October still proves that it is will continue one of the best months for Bitcoin and it really did. And from the last lowest low, we are now 100%++, so that is already a big accomplishment for us. But it's not done yet, pre-halving we might be looking at around $41k-$45k price range.

With that, next 2 months will still be as exciting year ender for everyone.

How are you so sure that there won't be any black swan events as you have claimed? FTX, Terra Luna crash came without any announcement and if there is another event like that going to happen, then you won't be able to react fast enough. This positivity that is happening in the market right now will give investors hope that it won't turn into a black swan event, but at the end investors will realize that their portfolio is almost 40% down.

We are going to see an exciting year ahead of us but that excitement won't come without any drama. If it is that easy to predict the future outcome then how will whales make money? They play with our emotions by giving us hope and making us greedy then crash the market to create fear that provokes us to sell off at a loss.
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November 07, 2023, 12:41:11 PM
 #76

 Any answer you feel like is correct.  Im not asking for a precise prediction just mostly a thumbs up or down, its purely the idea that peoples feeling alter and sometimes market effects are ironic; its worth noting how bullish the crowd is.
The majority of crypto investors can't be expecting a bullish end of the year for bitcoin at this last quarter of the year, they would prefer to see a moderate price of $35k - $40k by the end of the year.

It could still be considered as bullish though if we reach around $40,000 at the end of the year. The lowest price that we got is $15,500 last year. So that is a big increased in the price already if we touch based like $35,000-$40,000.

At this end of the year, so many of us would vote for bitcoin to move sideways in price but not to lower back to $20k or not near ATH.
From my observation, I think the price of bitcoin will continue to range from $33k to $40k in pricing towards the end of the year.

It's really difficult if we look at the start of the November, for the start of the week though, it seems that there are selling already as we fall from mids $34,000 when we thought that the price will continue to go up and breach at least $36,000.

So many things can still happen in the next week or so at least this November, others say that this could a bull trap. And there are speculations that we might go down to $32,000 before we can go up to $40,000. So many scenarios and we really don't know where the price will move at the end of this month or even this 2023.

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November 07, 2023, 01:02:22 PM
 #77

 Any answer you feel like is correct.  Im not asking for a precise prediction just mostly a thumbs up or down, its purely the idea that peoples feeling alter and sometimes market effects are ironic; its worth noting how bullish the crowd is.
The majority of crypto investors can't be expecting a bullish end of the year for bitcoin at this last quarter of the year, they would prefer to see a moderate price of $35k - $40k by the end of the year.

It could still be considered as bullish though if we reach around $40,000 at the end of the year. The lowest price that we got is $15,500 last year. So that is a big increased in the price already if we touch based like $35,000-$40,000.

This year cannot be called a bull season but even bitcoin cannot surpass $35k, we can say that this has been a bullish year for bitcoin if we compare it to the lowest price of $15k.


At this end of the year, so many of us would vote for bitcoin to move sideways in price but not to lower back to $20k or not near ATH.
From my observation, I think the price of bitcoin will continue to range from $33k to $40k in pricing towards the end of the year.

It's really difficult if we look at the start of the November, for the start of the week though, it seems that there are selling already as we fall from mids $34,000 when we thought that the price will continue to go up and breach at least $36,000.

So many things can still happen in the next week or so at least this November, others say that this could a bull trap. And there are speculations that we might go down to $32,000 before we can go up to $40,000. So many scenarios and we really don't know where the price will move at the end of this month or even this 2023.

Bitcoin went from $28k to $35k and is still above $30k, so it would be ridiculous for someone to say that this is a trap. If it is a trap but most people have profited from it, can it be called a trap? In addition to long-term investing, I also use part of my capital to trade and earn more than 50% profit on my capital, is that called a trap?

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November 07, 2023, 03:27:37 PM
 #78

 Any answer you feel like is correct.  Im not asking for a precise prediction just mostly a thumbs up or down, its purely the idea that peoples feeling alter and sometimes market effects are ironic; its worth noting how bullish the crowd is.
The majority of crypto investors can't be expecting a bullish end of the year for bitcoin at this last quarter of the year, they would prefer to see a moderate price of $35k - $40k by the end of the year.

It could still be considered as bullish though if we reach around $40,000 at the end of the year. The lowest price that we got is $15,500 last year. So that is a big increased in the price already if we touch based like $35,000-$40,000.

At this end of the year, so many of us would vote for bitcoin to move sideways in price but not to lower back to $20k or not near ATH.
From my observation, I think the price of bitcoin will continue to range from $33k to $40k in pricing towards the end of the year.

It's really difficult if we look at the start of the November, for the start of the week though, it seems that there are selling already as we fall from mids $34,000 when we thought that the price will continue to go up and breach at least $36,000.

So many things can still happen in the next week or so at least this November, others say that this could a bull trap. And there are speculations that we might go down to $32,000 before we can go up to $40,000. So many scenarios and we really don't know where the price will move at the end of this month or even this 2023.
32k isn't that important anymore. The main thing is that the trend, which was the whole 2023, does not change and we do not see the bottom again. If this does not happen, it does not matter how strong the corrections will be. We can calmly wait for halving and buy more coins if possible.
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November 07, 2023, 06:48:45 PM
 #79

Bitcoin went from $28k to $35k and is still above $30k, so it would be ridiculous for someone to say that this is a trap. If it is a trap but most people have profited from it, can it be called a trap? In addition to long-term investing, I also use part of my capital to trade and earn more than 50% profit on my capital, is that called a trap?
A bull trap happens if it goes from $28k to $35k and drops to $27k, that would be a perfect trap.
But when the Bitcoin price is still holding above the $30k price and now even still holding in the $35k price area, this is certainly an advantage for those who buy at the lower price.

Those who say this is a trap don't fully understand how the crypto market works and where to buy and sell.

We will see another spike as the Halving approaches and some corrections are certainly needed and this is normal, the important thing is that we are ready with strategies and to buy back.

 
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November 07, 2023, 09:22:42 PM
 #80

32k isn't that important anymore. The main thing is that the trend, which was the whole 2023, does not change and we do not see the bottom again. If this does not happen, it does not matter how strong the corrections will be. We can calmly wait for halving and buy more coins if possible.
The time to accumulate coins for a good price is coming to an end, and people need to finally commit to a decision, they either buy now and enjoy the profits such a decision will bring them or they stay away from the market until the bull run ends, as buying during the bull run is a move that is too risky, since we will never know when the bull market will end and at what level, so by taking a position early and holding our coins we are basically guaranteeing we will obtain some nice profits once the bull market comes.
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