2023 end game sentiment check

[adultcrypto]

If BTC can reach $38k, Ethereum $2k and other coins take a good steps with them in this month of November, it is a sign that bear run is coming to an end any moment from now for the massive bull to roll in for hodlers to start making profits.

At the current price of the market, I have the feeling that the bear season is over and what we are seeing now is just minor retracement in line with how the market moves. Even though we might not conclude so fast, there are high indications that we are in a bull dominated market.

Many things are still unclear regarding what the market will do regarding the news of ETF approval of rejection.  There are also other factors that might influence the market including the ongoing Ordinal hype.

[naikturun]

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 

In my opinion, the market is only recovering but there will still be subsequent declines, because according to past history there will still be several more declines before the BTC halving occurs.
This is just speculation based on data that has already occurred, but could change due to other factors.

[South Park]

In my opinion, the market is only recovering but there will still be subsequent declines, because according to past history there will still be several more declines before the BTC halving occurs.
This is just speculation based on data that has already occurred, but could change due to other factors.

The markets are very dynamic and this means that there could always happen something unexpected that makes the market to change directions very quickly when no one expects it, and we just saw this yesterday when CZ was forced to step out of his position as the CEO of binance, this caught the markets by surprise and binance went down 9% or 10% in the lapse of just a few hours, so even if the overall sentiment right now is bullish, bearish news can still happen at any moment and send the market in a downward spiral quite quickly.

[nelson4lov]

The markets are very dynamic and this means that there could always happen something unexpected that makes the market to change directions very quickly when no one expects it, and we just saw this yesterday when CZ was forced to step out of his position as the CEO of binance, this caught the markets by surprise and binance went down 9% or 10% in the lapse of just a few hours, so even if the overall sentiment right now is bullish, bearish news can still happen at any moment and send the market in a downward spiral quite quickly.

It's just interesting how all of this happened in the last 24 hours and right now, the market is just moving towards the north like there's no tomorrow. This is what makes crypto interesting. Down today, upONLY tomorrow. Yesterday, everything was —10% across the board but today, it doesn't look like yesterday was such a day.

Anyway, I'm looking to see if Bitcoin can finally break $38K otherwise we might be in for another move downward. Interesting times despite everything the industry has been through.

[pooya87]

and binance went down 9% or 10% in the lapse of just a few hours,

At the end of the day Binance is an altcoin exchange and anything going wrong with it would first and foremost affect altcoins not bitcoin. This is why despite this news and the follow up FUD and the market manipulation, bitcoin price didn't really change. It is still staying above the $35k level as it was ever since early November when we first broke this resistance.

[slaman29]

and binance went down 9% or 10% in the lapse of just a few hours,

At the end of the day Binance is an altcoin exchange and anything going wrong with it would first and foremost affect altcoins not bitcoin. This is why despite this news and the follow up FUD and the market manipulation, bitcoin price didn't really change. It is still staying above the $35k level as it was ever since early November when we first broke this resistance.

No way to say this with more truth. Binance was very different from a regular CEX because it not only heavily promoted alts but it created some of the biggest alts in the world BNB and BUSD.

Past few years, I have said many times about Binance and BNB, and so many people defended them.

Now these guys admit. Not just to fraud you know, but to accepting illegal clients and illegal money. Still think they were important to Bitcoin?