STT (OP)
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October 25, 2023, 01:49:29 PM |
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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. 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. My theory is the shorter days alter peoples habit and mood to trading even while BTC is global its altered by dollar monetary flows. 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. 7 day poll & you may alter your vote later. If you can come up with a better poll option I'll add it on just for you ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Don Pedro Dinero
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October 25, 2023, 01:54:39 PM |
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I understand that the poll lacks options. There is not one for a moderate price increase, as I think it will happen, say between 35 and 50K. That it is not there and that ATH's option is there before the end of the year seems like a joke.
Poll aside, I am cautiously optimistic. With the time of the cycle we are in, half a year away from halving and with the recent rally, I think we will end the year a little higher than we are now, with ups and downs from here to there, of course.
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fzkto
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October 25, 2023, 02:00:20 PM |
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I think that the end of 2023 will be a growth for the cryptocurrency market, which we are already seeing. Generally 2023 was positive only for bitcoin, because now the price is twice as much as at the beginning of the year and the growth continues. Usually autumn was positive for cryptocurrencies and I hope we will see growth of other coins.
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Oshosondy
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October 25, 2023, 02:07:36 PM |
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I did not choose becuase I did not see what I can choose. I would have preferred price ranges. If there are price ranges in the poll, I will choose between $30000 to $37500.
I guess bitcoin is not going back to $25000 this year.
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dragonvslinux
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October 25, 2023, 02:44:59 PM |
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It's a difficult one to judge, as the break of $30K was very much news driven. So more or continued positive news could see a "up only" scenario in the coming weeks/months, but any further ETF delays/rejections could have the opposite effect. Price has literally pumped off the $IBTC listing that occurred in August that was only discovered this month. This pump could have happened months ago is the irony. Looking at price at present and trying to ignore the news or background noise, I think price could pump considerably higher. If we get to $40K, it could consolidate and reach $50K to $60K with sellers from 2021/2022 re-entering the market. This has more or less been my prediction for this year, ie a strong dead cat bounce, which seemed out the question after summer passed, but clearly it's still on the table. ARK's final ETF deadline of Jan 2024 is going to be one to watch in the near future, with the third deadline next month. As far as I understand they have also registered their ETF ticker, so are optimistic of getting approved soon, but only time will tell. Either way it's an exciting to be a Bitcoin holder with ETF on the horizon and a halving not far away now.
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Odohu
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October 25, 2023, 02:53:27 PM |
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The momentum of the recent move is really strong so I feel it has the potential of pushing price near the ATH. Two cases are possible as to what might be propelling the move. First is the expectation that Bitcoin ETF might be approved anytime before the year ends. The other being that people are jumping in to secure a spot before price gets too high knowing that halving and bull market is imminent.
If the rise in price is with the expectation that Bitcoin ETF will be approved before the year ends, then we might see a bull trap if the approval did not happen. This will see price dump a little below $30k again because we have just little time before the year ends and next year is perceived as the year of Bitcoin. However, if we get the approval this year, then Bitcoin will create a new ATH before the end of the year.
In general, I am of the opinion that the price will settle around $45k by the end of this year.
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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philipma1957
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October 25, 2023, 04:22:29 PM |
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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. 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. My theory is the shorter days alter peoples habit and mood to trading even while BTC is global its altered by dollar monetary flows. 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. 7 day poll & you may alter your vote later. If you can come up with a better poll option I'll add it on just for you ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) 45-48k. is not sideways or an all-time high, but we are likely to settle near this for dec 31. So I wish you had give a choice like "up nicely 40-55k" or something like it. that would be my pick.
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khiholangkang
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October 25, 2023, 05:36:14 PM |
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I understand that the poll lacks options. There is not one for a moderate price increase, as I think it will happen, say between 35 and 50K. That it is not there and that ATH's option is there before the end of the year seems like a joke.
Poll aside, I am cautiously optimistic. With the time of the cycle we are in, half a year away from halving and with the recent rally, I think we will end the year a little higher than we are now, with ups and downs from here to there, of course.
more logical that we can get a bitcoin price between the range of $35k to $50k given the recent sentiment that has emerged, we can get a fairly balanced mid at $40k by the end of the year before continuing closer to the ATH of the previous bitcoin cycle. The choice is quite ironic but we don't have many options for polls on that choice, yes btcoin's volatility will tend to stretch upwards and continue to try to break its latest support as time goes on in the late winter market, now it feels a little warm towards the bitcoin halving. I myself actually agree with you that it is quite optimistic for bitcoin to continue its rise, but I hope bitcoin returns first to the price level of $ 26k and lower than that, because I regret a little earlier not buying more bitcoin at a price level that is fairly low from the current price.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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philipma1957
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October 25, 2023, 05:38:21 PM |
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I understand that the poll lacks options. There is not one for a moderate price increase, as I think it will happen, say between 35 and 50K. That it is not there and that ATH's option is there before the end of the year seems like a joke.
Poll aside, I am cautiously optimistic. With the time of the cycle we are in, half a year away from halving and with the recent rally, I think we will end the year a little higher than we are now, with ups and downs from here to there, of course.
more logical that we can get a bitcoin price between the range of $35k to $50k given the recent sentiment that has emerged, we can get a fairly balanced mid at $40k by the end of the year before continuing closer to the ATH of the previous bitcoin cycle. The choice is quite ironic but we don't have many options for polls on that choice, yes btcoin's volatility will tend to stretch upwards and continue to try to break its latest support as time goes on in the late winter market, now it feels a little warm towards the bitcoin halving. I myself actually agree with you that it is quite optimistic for bitcoin to continue its rise, but I hope bitcoin returns first to the price level of $ 26k and lower than that, because I regret a little earlier not buying more bitcoin at a price level that is fairly low from the current price. Just passed 35k and back down to 34 k. I am thinking we do a big move up before the weeks end 40k may be in danger.
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LFC_Bitcoin
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October 25, 2023, 05:38:33 PM |
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There’s no option for what I think is likely. - Significantly up but not near ATH
For example something like 45k I believe likely.
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Eternad
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October 25, 2023, 05:43:49 PM |
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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.
I don’t all time high or near it. Same to the price going back to 20k is almost impossible now that there is a clear bullish trend on last quarter of the year which typically unstoppable once Bitcoin enter to a bullish trend. I believe the price might hover from 30k to 40k level then next year might possibly reach the previous ATH then 2025 is the new ATH.
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topbitcoin
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October 25, 2023, 05:43:58 PM |
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I think that the end of 2023 will be a growth for the cryptocurrency market, which we are already seeing. Generally 2023 was positive only for bitcoin, because now the price is twice as much as at the beginning of the year and the growth continues. Usually autumn was positive for cryptocurrencies and I hope we will see growth of other coins.
Do you think the ecosystem in crypto will become active again and altcoin projects will also receive large enough funding to activate the ecosystem again after brand projects have been quiet for a long time so far. Even though that might happen, I don't think so, we will move more towards bitcoin, from what I have seen bitcoin dominance shows more of its attitude, therefore the reaction of investors in my opinion they will prioritize bitcoin first, right up to the bitcoin halving, Well, only after the Bitcoin halving will we see a big effect on altcoins, which may result in an altseason at that time. My opinion is very bullish towards bitcoin at the end of 2023, although I don't know for sure the price that bitcoin will reach until the end of this year, plus we will face two FOMCs, and I think that will have a negative impact on the crypto market because of the economy. The US is still experiencing very high inflation so it is very likely that they will raise the benchmark interest rate again.
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salad daging
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October 25, 2023, 05:58:06 PM |
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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.
I don’t all time high or near it. Same to the price going back to 20k is almost impossible now that there is a clear bullish trend on last quarter of the year which typically unstoppable once Bitcoin enter to a bullish trend. I believe the price might hover from 30k to 40k level then next year might possibly reach the previous ATH then 2025 is the new ATH. Not so sure back to $20K the price will not be so drastic until the end of the year and usually in winter many people cash out their money this is just my own point of view, as long as we are going into winter it seems the price will not miss down. Yes that's what we expect in the final quarter the usual bullishness will get closer to the halving plan a few more months after that, the price of bitcoin will not be much different from what you mentioned with $30K to $40K still quite relevant for us to see.
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khiholangkang
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October 25, 2023, 06:55:19 PM |
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I understand that the poll lacks options. There is not one for a moderate price increase, as I think it will happen, say between 35 and 50K. That it is not there and that ATH's option is there before the end of the year seems like a joke.
Poll aside, I am cautiously optimistic. With the time of the cycle we are in, half a year away from halving and with the recent rally, I think we will end the year a little higher than we are now, with ups and downs from here to there, of course.
more logical that we can get a bitcoin price between the range of $35k to $50k given the recent sentiment that has emerged, we can get a fairly balanced mid at $40k by the end of the year before continuing closer to the ATH of the previous bitcoin cycle. The choice is quite ironic but we don't have many options for polls on that choice, yes btcoin's volatility will tend to stretch upwards and continue to try to break its latest support as time goes on in the late winter market, now it feels a little warm towards the bitcoin halving. I myself actually agree with you that it is quite optimistic for bitcoin to continue its rise, but I hope bitcoin returns first to the price level of $ 26k and lower than that, because I regret a little earlier not buying more bitcoin at a price level that is fairly low from the current price. Just passed 35k and back down to 34 k. I am thinking we do a big move up before the weeks end 40k may be in danger. Yes, I also note that at this time Bitcoin is difficult to continue after touching the price of $ 35k on several occasions, if you see it again maybe we will experience correction first and rebuild strength in the next few weeks. I think more about relying on the last two weeks at the end of the year to pump the price of Bitcoin to the $ 40K and yes it is my simple predictions and I am quite sure for that. There’s no option for what I think is likely. - Significantly up but not near ATH
For example something like 45k I believe likely. That number might be achieved by BTC, not far as I said, because if you think of achieving ATH I think it is impossible, unless there is news that encourages Bitcoin to gain crazy popularity compared to these new news.
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STT (OP)
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October 25, 2023, 07:52:38 PM Last edit: October 25, 2023, 08:10:35 PM by STT |
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I understand that the poll lacks options. There is not one for a moderate price increase, as I think it will happen, say between 35 and 50K. That it is not there and that ATH's option is there before the end of the year seems like a joke.
35 k is sideways and 50k is up. Both are there but I would like you to pick which you expect more. 50k is +47% increase over todays price so thats an aspirational estimate & would be the first option vote imo. Its not sideways and its not down so thats my logic that just one of those three directions is enough for a very rough sentiment poll. If we get 50k year end and 70k for new ATH in Jan it'd still be in before the Chinese new year, Im not going to exclude that scenario. Hopefully you get this isnt precise, 50k is up alot so vote up. Im sure I can find a wiki for why polling often biases results seen. None of us truly know what happens next, its all a degree of probability and confidence levels on those estimates. I made it simple like a fence dividing a flock, less choices adds clarity & it makes the poll result clearer. Simple up down, stay is all I think a few months deserves but I'll enter in any poll option if you request presuming thats possible to do. ATH or more is quite possible, Im going off what we did in 2017 and I didnt expect but way back at start of 2017 I knew the market was likely to be positive from how it was acting with its most negative prices of that year but to boil over and hit such a high level of froth was a surprise to everyone. 20x price lows in 2023 if we were to repeat BTC history would mean $331,000 by year end; I really dont think so but Im not going to say never either. I believe extremes will always be possible with BTC as supply is not expandable the contrast to dollar is wider then the grand canyon hence the price dynamics, pressure builds fast with demand. Whats driving demand now I dont know. Equally if someone wants to say 10k I would write it in, I'd like to know why also.
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ShowOff
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October 25, 2023, 08:11:47 PM |
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- 20x price lows in 2023 if we were to repeat BTC history would mean $331,000 by year end; I really dont think so but Im not going to say never either. I believe extremes will always be possible with BTC as supply is not expandable the contrast to dollar is wider then the grand canyon hence the price dynamics, pressure builds fast with demand. Whats driving demand now I dont know. Equally if someone wants to say 10k I would write it in, I'd like to know why also. I was too tempted to hear that price, $331,000 and yes, that is a fantastic price to be true. I wouldn't say no either because something surprising could be possible. But the chances of getting that price at the end of the year are so low that many people are very hesitant to say so. Everyone will be happy if we reach a new ATH by the end of this year, but it is difficult to expect it before the halving. The history say no new ATH is reached before halving, especially when it is only a few months away from the halving. About $50k is possible, but we'll see how this market grows with the latest developments in spot bitcoin ETF issues.
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October 25, 2023, 08:14:02 PM |
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Wanted to go for the new all time high but realised we are nowhere near the all time high of 70K but if we spoke of the new high of 2023... I would say very much possible especially now when price has the momentum and everyone is ignoring the hoax of an approved Bitcoin spot ETF that sparked all this green move...I can only imagine how far price would go had the approval been actually been real ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Otherwise from the poll will settle for the "Prices are random" knowing very well prices could go down or up any second...
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Hamphser
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October 25, 2023, 08:28:57 PM |
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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. 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. My theory is the shorter days alter peoples habit and mood to trading even while BTC is global its altered by dollar monetary flows. 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. 7 day poll & you may alter your vote later. If you can come up with a better poll option I'll add it on just for you ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Prices are random!This is my choice and its true that there's no way on making out some conclusions about on how the price might be ending up on a specific month of the year. Yes, it is really unavoidable not to make out those assumptions basing up on the history or past experiences on which it do somehow creates that pattern and this is where we do really do really assume out that it would be really happening on next year. Yes, its been a long time that we are moving sideways and every that last months of a certain year then the community would really be having that impression that BER-months could really be that somewhat bullish or do make out some bullish movements. We've seen that in September, it didnt really move that much but when October kicks in then this is where movements starts to show up. For sure lots of people hadnt been able to anticipate such movement and on just because of some economic sentiment or something external then it did make out that kind of positive effect on which we are currently seeing as of this moment.
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Falconer
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October 25, 2023, 09:49:00 PM |
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The market tends to move up and continues to test its new resistance. We have seen the $35k rise and perhaps we will see the $40k resistance broken as well. Investor optimism regarding the approval of a bitcoin ETF seems to be starting to increase, even though it was initially influenced by fake news. But this seems to be the beginning of expectations that bitcoin prices will recover to approach the 2021 ATH at the end of 2023.
Prices may be random because it is possible that the bullish movement at the end of October will end in bad FUD. We don't know, but I don't expect bitcoin to drop back below $30k.
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October 25, 2023, 10:02:39 PM |
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It's gonna be a huge guessing game again and random results for sure. It won't be that down much anymore like some are expecting it as low as $10k, we're passed that moment and probably never going to meet that price again. But somewhere from $30k stable to $50k at the end of this year, that's random but still we're up and not yet on the ATH that we're thinking of since there's more for next year.
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