BTC Sentiment Poll for November

[tokeweed]

We had one of the best performing month of the year for BTC, if not the best performing month.    So I'm guessing everybody's sentiment might be a tad more bullish?  

For this month's poll, let's try something different.  It won't be a question about the price but a question about what you guys think about BTC's price action now and what it means going forward.

[TravelMug]

I think I'm seeing that the market will continue to go up and so I voted for bull run.

No on really expected that this October will be huge, and with that big gains that we have, it's obvious that we have gain the momentum already this might continue up to the end of the year and it will coincide with what we all been seeing this December around $50k.

So this month we could be touching $40k-$41k.

[aoluain]

Yea I'm not getting into numbers but I voted for the Bull too!

I'm basing this purely on the 6 month window before the halving and thats what November is.
There has always been a Bull run leading up to the halving and I cant see it not happening again,
ATM with the buzz about a spot ETF floating about its a time of positivity eventhough we dont
know the outcome of any ETF.

[Gozie51]

It is looking obvious that the bull will continue and strongly too. I'm tempted to look at the range of $40k resistance and this because most people fear that inflation may keep raising as the war between Israel and Palestine still going on, people will want to continue hedging with bitcoin and that will keep price action on the bull. Moreover, the year is ending and the halving getting closer while more investors keep DCA.

[goaldigger]

Big money are coming and the market is reacting positively this is why I'm confident that the bull trend was started already.
Looking at the price trend and the TA of many good traders, they are pointing into one direction and its about the bull market.
Bitcoin will break more resistance, so make sure to monitor it because Altcoins will also follow, congrats to those who trusted the market during the dumped season of crypto market.

[LogitechMouse]

October base on the price history of Bitcoin has been a bullish month, and it currently has a 4 consecutive years that the price during the month of October has increase month-to-date. Now it's 5 since the price shoot up because of that ticker symbol.

Anyway, I will stand to my previous prediction that Bitcoin's price might end up reaching the price of $40,000 or even higher to even $45,000 depending if there's some kind of news that makes the investors change their sentiments towards the market. Overall, I think my prediction is a bit realistic since it's kind of near to it's current price, and one good news can change everything.

Overall, I'll be bullish for the remaining months of the year. I believe in the 4-year cycle so... yeah I'm bullish.

[EarnOnVictor]

Bitcoin seems to be raging bullish at this time but I feel differently about the coin, it's gonna sell from now and towards December/January and might pick the bullish trend from there. One thing I've noticed about markets is that they always follow the law of gravity as there is no perfect slope in a sane market, Bitcoin can't be an exception at this time. And if you take a look at the October bullish movements alone, the coin moved almost $10,000 in just a month, which is insane at this time when the pre and post-halving effects have not even started.

Without mincing words, Bitcoin is now heavily overbought, there is no way it will not sell for a retracement to be observed. I don't see the coin breaching $36,000 successfully in November let alone making a sustainable breach above my main barrier of the year at $37,000.

[fzkto]

I hope that November will be as good a month as October. The bull market started in September and I think that November could be even more bullish. The monthly chart looks very good to me. The main thing is that the price does not fall back below 33k.

[Dr.Bitcoin_Strange]

Following the price history of Bitcoin for the past November price in the past years, it's likely that the price of Bitcoin this month is going to drop. From history, the bitcoin price usually increases in November if it's in the halving year. Just as 2024 is the next Bitcoin halving, the price of Bitcoin will definitely surge high by this time next year. IMO, we are not yet in the bull market, although the price might increase more than $35k but will still drop. There was some speculation that Bitcoin would already reach $100k+ before the end of the year, but I doubt it would be archivable.

[adultcrypto]

I know it's too early to say that we are in bull market but the optimism is just so high. October ended well for Bitcoin as we recorded a new yearly high then. Now that November continued the bullish sentiment, I still feel we see more highs especially as the year is ending and next year, which is a big year for Bitcoin, is drawing closer.
 
There is no negative news that is being expected anytime soon so I don't see anything that will stop Bitcoin from continuing the rally.

[Lida93]

Following the price history of Bitcoin for the past November price in the past years, it's likely that the price of Bitcoin this month is going to drop. From history, the bitcoin price usually increases in November if it's in the halving year. Just as 2024 is the next Bitcoin halving, the price of Bitcoin will definitely surge high by this time next year. IMO, we are not yet in the bull market, although the price might increase more than $35k but will still drop. There was some speculation that Bitcoin would already reach $100k+ before the end of the year, but I doubt it would be archivable.

From all indications we are not going to see bitcoin price hit 100k by the end of this year it's not something we would debate about anymore. It's a MOONvember month which is a critical month for bitcoin price this year critical in the sense whatever news or event that takes  place this month will determine the price of bitcoin by ending of this year December.

I can still reminiscence in the month of August speculating out of high optimism that  the price of bitcoin will get to $65k at the end of the year but I think I'll be withdrawing that figure from what am seeing the price action doesn't appear to surge to $65k anymore so therefore the feasible price we should be looking out for if am to be realistic is between 40k-45k at most.

[ajiz138]

October at the end of the month bitcoin was a little bullish, we know this month there is always an increase in terms of price and now that it has entered November I think bullish will remain but don't expect too much because it might only be able to break the $40K resistance that is the prediction I think now.
Some other news to anticipate the bull trap but I will not rule out this path because anything can happen but a little more towards the halving usually November will be much better so the price will not return to the area below $30K again even if there is negative news that comes to destroy the market.

[kentrolla]

This is a make or break phase wherein we are really not sure if it's a bullrun or bulltrap and if we go by our emotions and market sentiment then itsa bullrun but if we go logically we still cannot declare it as bullrun and right now bitcoin is stagnant around $35k for a while and if we are able to break this and stay above $35k for over a week or possibly touch $40k then it would be crazy as bull market will be started by massive investment flowing due to FOMO and moreover it coincides with precious two bull runs in terms of months when previous bull run started.

I would suggest everyone to actively keep a track of price movements and set alerts based on your targets to ensure we don't missed out on this bull run because we entire mistake bull trap for bull run or bull run as bull trap and wither end up losing the investment or the opportunity to make profits.

Better to have personalized indicators by doing relevant study and backtest the data and act accordingly.

[STT]

Its a bullish trend and has been the entire year despite falling back a few times its never been on the floor being counted out.  A pullback is something actually adding strength its a big deal that comes with experience for those that know to recognize when the pullback adds to potential for gains later and should be taken as a positive.    Ironic but this entire year is how I view that kind of consolidation and so-so slow phase to BTC.
  BTC in 2023 is not a bull market exactly, not the outright hype positive most people attribute towards BTC.   But slow and steady can ironically be a greater positive in long terms stakes which is what we really want or at least I do I prefer a structurally sound rise that can last over multiple time frames not just the short burst up.

Add in consolidation for me and I'll vote that, like steel a good hammering is positive not outright bull just yet

[South Park]

We had one of the best performing month of the year for BTC, if not the best performing month.    So I'm guessing everybody's sentiment might be a tad more bullish?  

For this month's poll, let's try something different.  It won't be a question about the price but a question about what you guys think about BTC's price action now and what it means going forward.

I am on the I don’t know camp, the increase on the price of bitcoin that we saw during October was spectacular, but at the same time I am not so sure this trend can be maintained that easily since it seems to me the price is high enough already, so I could see November being a relatively stable month for bitcoin so things can calm down a little bit or maybe we could even witness a slight decrease on its price, however knowing bitcoin it would not surprise me if I was completely wrong about my expectations.

[el kaka22]

This time it's not really prices but the bull or trap type of question, nice change of pace to be fair I like it. I believe that we are in a bull period right now but also I believe that it's just the start of it and nothing major, we shouldn't really approach it like it is going to be something special right away, that is not the case most of the time.

For example we may not keep on rising for a while longer, the halving is still some time to go and not right now, so we need to take our time. I hope that people do not put all their money right away, or maybe they rather should but do not put any money in expecting a profit daily, because it may go up in the future, looks like it will, but maybe not right away this week.

[Dr.Bitcoin_Strange]

From all indications we are not going to see bitcoin price hit 100k by the end of this year it's not something we would debate about anymore. It's a MOONvember month which is a critical month for bitcoin price this year critical in the sense whatever news or event that takes  place this month will determine the price of bitcoin by ending of this year December.

I agree with you. Some months ago, speculation was high, and most threads  were regarding some market experts who thought that the Bitcoin bull market would begin this year and that the price of Bitcoin would hit an ATH even before the halving would take place. Well, I am yet to see that coming live. I know that this market is not controlled by anyone, and anything can happen, which will not even be a surprise unless Bitcoin just surges to $500k overnight. Or do you think that any event or good news could just come up tonight that will trigger the price of Bitcoin to fly past $499k? In this market, there is lots of speculation, but I doubt that Bitcoin will get to $100k this year, and I also doubt if we are yet in a bull market. This afternoon, I took a look at the price history of Bitcoin for November alone, starting from 2016–2022, and that's why I said the price of Bitcoin is even more likely to drop; it's just my speculation, but I could be wrong too.

[JoyMarsha]

November, in my opinion, will go down in history as the month when bitcoin broke over several price barriers that were unbreakable for an extended period this year. November has at least already exceeded the $35k price tag. I'm hoping that November will hit $40k before the end of the month.

Nevertheless, given the surge in Bitcoin prices, this will be an excellent month for individuals wishing to use a DCA plan.

[DeathAngel]

I’m currently unsure on which direction the price could take in November. I feel like we are still tied to the macro environment & legacy financial markets. What, if anything will the FED do next. We still move based on what Powell says or ironically, doesn’t say. Providing nothing drastic transpires in November then potentially we can expect non violent upwards movement. Let’s hope to see a repeat of October, that was enjoyable.

[pixie85]

IMO it's a bull market.

The bear market was elongated by US FED tightening policy. Now they're running out of options, even the FED chair said they won't be tightening in 2024, so that's out of the picture.

We're making higher lows every month. This is a clear bullish signal.

Even if we dropped down to 26 000 from here it would still be a higher low.

There are people who say the price could go down at ETF news but in the long run it's still going to go up because ETF = more buyers.

[bhadz]

It's likely the start of the bull market. Many are still waiting for reconfirmations but didn't we see that we're having a good time that's obvious with bullish signs.

There are people who say the price could go down at ETF news but in the long run it's still going to go up because ETF = more buyers.

Yup, I'd agree with that because it brings more money in to the market and they're only thinking as if the entire institutions are going to dump all at once. It's unlikely that they're going to do that but let's say at the beginning, there could be significant move from them but yeah, we're all winners in the long term.

[_BlackStar]

We had one of the best performing month of the year for BTC, if not the best performing month.    So I'm guessing everybody's sentiment might be a tad more bullish?  

For this month's poll, let's try something different.  It won't be a question about the price but a question about what you guys think about BTC's price action now and what it means going forward.

The trend has proven that we are in a bullish phase - this can be seen from bitcoin's performance in the last year. We can check TF 1 D or 1 W last year and in my opinion it can be said to be bullish. We are currently bullish - but not sure what will happen next although there are high hopes for it to continue.

Now the halving is getting closer and I believe a price push higher could be possible. Increased demand due to FOMO seems inevitable - especially for those hoping for quick profits from this bitcoin halving cycle.

[sokani]

October was a good month for the Bitcoin community and one of the reasons for the price surge is the spot bitcoin ETF craze that fired up the price. I'm bullish on the month of November that we may be in for yet another surprise. If any of the spot bitcoin ETF finally gets approved by SEC, then we might see $40k -$50k this month. If this doesn't happen, then I think the market price will just around $33k - $35k, I don't really see the price plummet to $30k or anything less.

[Captain Corporate]

I am not %100 sure if its going to be an easy picking or not, we are talking about a whole month that is following a big pump already, that is not an easy task to keep growing. I mean we were near around 26-27k? Something like that at the start of last month, something that we have seen for a long long time, we were around 25k prices for months, and then suddenly last month we started to go up and peaked at 35k. That big increase alone feels like we have shot our bullet already and do not feel like we could grow even bigger. Could it happen? It potentially could happen but I am not really expecting it, I would welcome it if it happens but not really expecting it to happen.

[philipma1957]

Following the price history of Bitcoin for the past November price in the past years, it's likely that the price of Bitcoin this month is going to drop. From history, the bitcoin price usually increases in November if it's in the halving year. Just as 2024 is the next Bitcoin halving, the price of Bitcoin will definitely surge high by this time next year. IMO, we are not yet in the bull market, although the price might increase more than $35k but will still drop. There was some speculation that Bitcoin would already reach $100k+ before the end of the year, but I doubt it would be archivable.

you happen to be completely wrong if our history is matching fall of 2015.

Nov will be a plus as will Dec. Jan will be profit taking.

[jeraldskie11]

Before I voted in the poll, I assumed that the majority of people would say "bull trap." What happened was that many people thought the market was in a bull market. Perhaps there is an error in the poll question; it would be better to state whether the resistance or supply above will be broken or if it is just a bull trap?. Because, in my opinion, we are in the bull market analytically. Since the price action has been sideways, there is a good chance that it will return to the unfilled gaps below before breaking through 35k.

[Wiwo]

I think I'm seeing that the market will continue to go up and so I voted for bull run.

No on really expected that this October will be huge, and with that big gains that we have, it's obvious that we have gain the momentum already this might continue up to the end of the year and it will coincide with what we have all been seeing this December around $50k.

So this month we could be touching $40k-$41k.

Bitcoin market has always been filled with so many surprises at each point and this is something we have to commend the market on because just like you point out,  bitcoin has put up a commendable price recovery process since the month of October this price recovery may last for long and eventually turning out to be an early bull market.

So the bottom line is that Bitcoin price is highly unpredictable and at that,  anything can happen at any time so we have to have that at the back of our minds.

[bitterguy28]

We had one of the best performing month of the year for BTC, if not the best performing month.    So I'm guessing everybody's sentiment might be a tad more bullish?  

actually this is the best performing month , breaking 35k and stays at least for a day is already the best of all month in 2023.
it is already bullish given the strong holding up at the level 30k.

For this month's poll, let's try something different.  It won't be a question about the price but a question about what you guys think about BTC's price action now and what it means going forward.

for now it is bullish but we have just stepped November that from the good record of  October for couple of years , November seems to be the opposite so lets see
if this strong margin will continue to happen(at least till before December ends)

if this graph followed by many investors and take as advantage , then we will be seeing 45k this 2023.

[adaseb]

Without checking the poll results, I am pretty sure everybody is extremely bullish. Especially since we had a bullish October, sometimes November has explosive moves for bitcoin and the Bitcoin ETF is very close.

This reminds me of November 2018, everybody was expecting the $6K low to be the bottom and everybody looked at previous November and saw how bullish November usually was so everybody went long and the complete opposite happened.

When too many people are bullish that is not a good thing.

[bbc.reporter]

When too many people are bullish that is not a good thing.

@adaseb. However, it might also be a question if your analysis has you included with the people who are in the stage of disbelief heehhe.

[Poker Player]

I voted for "I don't know" for lack of a more accurate choice that represents what I think. I think the price will tend to go slightly up in the month, but I don't think it will be exaggerated and I doubt if we will have a small dip in December. After so much time of bear market it is normal that people feel bullish at the slightest joy but if we see what happened in previous cycles the pre-halving months there is a rise, followed by a small fall to enter the bull run proper after the halving. History does not have to repeat itself but it is better to keep it in mind.

[pooya87]

I voted for Bull Market but I think we are in the sideways market (no options for that in the poll) at least for now between $30k and $35k which means it is possible we continue seeing this range for the next week or two. The world is just too chaotic right now to speculate anything specially now that US is printing billions more for more wars across the world the combined inflation and recession throws all markets in chaotic mode.

[Dr.Bitcoin_Strange]

Nov will be a plus as will Dec. Jan will be profit taking.

Well, let me hope for what you said.

you happen to be completely wrong if our history is matching fall of 2015.

In November of 2015, the BTC price was up by 19.8%, the 2016 was the year of halving. For November 2019, the price was down by 17.6%, and 2020 was the third halving. Ok, so possibly the price will increase this time around through January, like you said.

I am no price expert, though, and I look forward to the next move for this month and December.

[Fundamentals Of]

The month of October surprised me. I was expecting it to be a green month but I wasn't expecting that the price would hit as high as $35,000. The most that I thought was $30,000. But the hype of Bitcoin spot ETF had a significant influence on the price even though the factors were not exactly about the approval. There was the fake news and then the listing of IBTC on DTCC. Those helped big in the price rise.

But I don't see those factors as sustainable. So November might not be the kind of month as October. But still the Bitcoin spot ETF factor remains hanging, which means people are still anticipating the final decision of the SEC which is probably expected to be in the affirmative. And then there's the halving countdown. All in all, November won't be in red but won't surpass $40,000.

[Kelvinid]

We've been up by August and started a correction by September until the last month but fortunately, the market gave up from holding it and broke the $30k barrier before October's end. And by judging the current situation, we're going up this month probably reaching $35k --that seems good already but still, it never be considered bullish IMO.
We still don't have any clue about the incoming but ber months seem, if not always but most of the time the market gives us a favor.
So I can say that this month of November is full of positivity, dump is still possible but I believe there are more on upsides than downsides.

[sana54210]

We've been up by August and started a correction by September until the last month but fortunately, the market gave up from holding it and broke the $30k barrier before October's end. And by judging the current situation, we're going up this month probably reaching $35k --that seems good already but still, it never be considered bullish IMO.
We still don't have any clue about the incoming but ber months seem, if not always but most of the time the market gives us a favor.
So I can say that this month of November is full of positivity, dump is still possible but I believe there are more on upsides than downsides.

I do believe that we have something that could be potentially a great deal when you think about it, but that doesn't mean that we are going to end up with a situation that could be lower. Yes, I agree that lower price is "possible" but I find it improbable at the same time, I think it would be highly likely to see the price go up.

We have seen how the sellers try hard to drop it and it didn't even went under 34k, which is proof that the market is not really interested in making it go any lower, and we should be considering something totally different. I agree that life is not all that easy to comprehend but at the same time it is not all that easy to handle neither, we need to see it change a lot before we could make it work.

[philipma1957]

Without checking the poll results, I am pretty sure everybody is extremely bullish. Especially since we had a bullish October, sometimes November has explosive moves for bitcoin and the Bitcoin ETF is very close.

This reminds me of November 2018, everybody was expecting the $6K low to be the bottom and everybody looked at previous November and saw how bullish November usually was so everybody went long and the complete opposite happened.

When too many people are bullish that is not a good thing.

funny you say this as I think we are 2015 fall pattern and that means good gains in Nov and Dec

with a small sell off in Jan 2024

[boltz]

Went with "Bull market" because the signs are present more and more with each day passing and at this rate , we could see Bitcoin price soaring towards 38-39k by the end of the year but for November I do see Bitcoin price swing around 35k for the entire month and I don't see it dropping back under 32k 

[Sophokles]

Before I voted in the poll, I assumed that the majority of people would say "bull trap." What happened was that many people thought the market was in a bull market. Perhaps there is an error in the poll question; it would be better to state whether the resistance or supply above will be broken or if it is just a bull trap?. Because, in my opinion, we are in the bull market analytically. Since the price action has been sideways, there is a good chance that it will return to the unfilled gaps below before breaking through 35k.

A sideways market is usually considered a negative one as there isn't any movement in the market so there is no way traders can benefit from it. This can be a bull trap because we still have a few months left before halving and historically speaking market made one last major correction before the bull rally At least this is what many experts think. This rally is to give investors confidence that the bad time is finally over so that they can open long positions by expecting a rally. 

[Jating]

Went with "Bull market" because the signs are present more and more with each day passing and at this rate , we could see Bitcoin price soaring towards 38-39k by the end of the year but for November I do see Bitcoin price swing around 35k for the entire month and I don't see it dropping back under 32k 

Yeah, same here, I think with the mentally of the investors last month seems to be very bullish, I think it will carry over to this month and I'm not seeing the price going below $30k till the end of the year. On the contrary, $35k-$38k might be base line or even higher this November.

And with the Spot Bitcoin ETF still in the minds of investors, I wouldn't be surprised that any news that goes will it will bring positive effects to that market. Whether another ticker will be displayed or just any statement for those who applied and everyone interpret it as a sign that it will be approved sooner that later, then the market will go on another spike for this month.

[Hamza2424]

Hmm, OP I think the Poll options are insufficient anyway, we can express our answer here in the reply post as well, TBH this is a Bull_Run journey, not a trap but the option that I was looking for is November may have some correction levels. The option missing is a Full Swing to ATH after a small correction.

According to the current market sentiments, the market is flowing in a good direction and as far as it's concerned with the first week's performance, I'm quite happy because Bitcoin maintained its Support level and it would be great if the coming week also performs well. A breakout of 35k will boost the market emotion to more Bullish and we may be able to see till the end of Nov market touching 42k.

[Wiwo]

Hmm, OP I think the Poll options are insufficient anyway, we can express our answer here in the reply post as well, TBH this is a Bull_Run journey, not a trap but the option that I was looking for is November may have some correction levels. The option missing is a Full Swing to ATH after a small correction.

According to the current market sentiments, the market is flowing in a good direction and as far as it's concerned with the first week's performance, I'm quite happy because Bitcoin maintained its Support level and it would be great if the coming week also performs well. A breakout of 35k will boost the market emotion to more Bullish and we may be able to see till the end of Nov market touching 42k.

I wanted to point out the part that is missing in the posts,  but I have searched for a while without being able to point that out and seeing that you mentioned the insufficiency of the post it got my attention and I kind of wonder if you can do well by pointing what and what aspect that is missing from this posts and how best we as members can contribute effectively to this discussions.

[AmoreJaz]

Before I voted in the poll, I assumed that the majority of people would say "bull trap." What happened was that many people thought the market was in a bull market. Perhaps there is an error in the poll question; it would be better to state whether the resistance or supply above will be broken or if it is just a bull trap?. Because, in my opinion, we are in the bull market analytically. Since the price action has been sideways, there is a good chance that it will return to the unfilled gaps below before breaking through 35k.

A sideways market is usually considered a negative one as there isn't any movement in the market so there is no way traders can benefit from it. This can be a bull trap because we still have a few months left before halving and historically speaking market made one last major correction before the bull rally At least this is what many experts think. This rally is to give investors confidence that the bad time is finally over so that they can open long positions by expecting a rally.

well, it seems that it is not a bull trap. maybe, it is just the right time to go beyond 30k level because for like more than a year, we haven't seen such price range. and it is only a matter of time before we see btc price soaring again. the adoption is getting stronger, and maybe if ftx did not collapse, and other big news, we are already more than 40k this time.

[bbc.reporter]

I voted for "I don't know" for lack of a more accurate choice that represents what I think. I think the price will tend to go slightly up in the month, but I don't think it will be exaggerated and I doubt if we will have a small dip in December. After so much time of bear market it is normal that people feel bullish at the slightest joy but if we see what happened in previous cycles the pre-halving months there is a rise, followed by a small fall to enter the bull run proper after the halving. History does not have to repeat itself but it is better to keep it in mind.

That is a unsurprising reaction there considering that for many, it is still in the stage of disbelief. However, on what price should bitcoin pump before you consider this market to in a bull market? You will wait for another all time high to be sure?

In any case, it appears that there will be more pumps coming to the market hehe. Tether has printed more USDT for almost $1 billion of inflows.



TETHER PRINTER
Just printed $997,989,246 USDT!

Source https://twitter.com/usdcoinprinter/status/1720595482001486316

[Sophokles]

Before I voted in the poll, I assumed that the majority of people would say "bull trap." What happened was that many people thought the market was in a bull market. Perhaps there is an error in the poll question; it would be better to state whether the resistance or supply above will be broken or if it is just a bull trap?. Because, in my opinion, we are in the bull market analytically. Since the price action has been sideways, there is a good chance that it will return to the unfilled gaps below before breaking through 35k.

A sideways market is usually considered a negative one as there isn't any movement in the market so there is no way traders can benefit from it. This can be a bull trap because we still have a few months left before halving and historically speaking market made one last major correction before the bull rally At least this is what many experts think. This rally is to give investors confidence that the bad time is finally over so that they can open long positions by expecting a rally.

well, it seems that it is not a bull trap. maybe, it is just the right time to go beyond 30k level because for like more than a year, we haven't seen such price range. and it is only a matter of time before we see btc price soaring again. the adoption is getting stronger, and maybe if ftx did not collapse, and other big news, we are already more than 40k this time.

This is the reason I think this is a bull trap. There aren't any big news events for the bitcoin market or anything positive that can initiate a rally like this. Still bitcoin market is climbing up, and even the altcoin market is also rallying up. This rally looks unnatural and was created to trap people in a price range. You are talking about how adoption is getting stronger but why am I not seeing it? FTX collapse is actually a good thing for the market actually because just think how the market would react if FTX became as big as binance and after that their fraudulent activity revealed itself.The whole altcoin industry would collapse and the bitcoin market would have suffered massive damage as well. 

It is more important to have a healthy market than to push the btc to 40k. The bitcoin market already has negative images throughout society for being too manipulative. Incedients like FTX and Luna provide more fuel to some people who always try to promote the bitcoin industry as a scam.

[348Judah]

November will continue with what October has laid down for the market to continue to rise, it's a monthly that is going to retain the $35,000 and maintain the resistance against it dip, just as we have closely seen in the previous days hiw the market is navigating towards the corridors of 34,000 and 35,000 this month will maintain this bullish trend and likely pump more before the end of the month, which gives more indications that we are to experience more of market pump althrough the year.

[GreatArkansas]

November will continue with what October has laid down for the market to continue to rise, it's a monthly that is going to retain the $35,000 and maintain the resistance against it dip, just as we have closely seen in the previous days hiw the market is navigating towards the corridors of 34,000 and 35,000 this month will maintain this bullish trend and likely pump more before the end of the month, which gives more indications that we are to experience more of market pump althrough the year.

I have been really bullish on Bitcoin for the last quarter of the year 2023, this is my prediction. I'm just glad I was able to do some DCA during the last few months and all worth it.
For me, this will continue until December this year. Above $30,000 for me is already bullish until next year. Because block halving is fast approaching, I'm really expecting a new all-time high before Bitcoin block halving.

[btc_angela]

November will continue with what October has laid down for the market to continue to rise, it's a monthly that is going to retain the $35,000 and maintain the resistance against it dip, just as we have closely seen in the previous days hiw the market is navigating towards the corridors of 34,000 and 35,000 this month will maintain this bullish trend and likely pump more before the end of the month, which gives more indications that we are to experience more of market pump althrough the year.

I have been really bullish on Bitcoin for the last quarter of the year 2023, this is my prediction. I'm just glad I was able to do some DCA during the last few months and all worth it.
For me, this will continue until December this year. Above $30,000 for me is already bullish until next year. Because block halving is fast approaching, I'm really expecting a new all-time high before Bitcoin block halving.

Good for you, others might have been waiting though for the price to go down hard again just like last year when we reach lowest low of $15,500. But I doubt that we will reach that again, so for those who are still continuing to buy and accumulate and see the long term effect of doing this, kudos to you.

And specially that we are very fast approaching the halving again, as we all know that this is the catalyst for another bull run. So we must at all expense, just go and buy and save and then HODL for the next years to come, as we all have been waiting to see the price going to hit 6 digits as our new all time high.

[tokeweed]

Hmm, OP I think the Poll options are insufficient anyway, we can express our answer here in the reply post as well, TBH this is a Bull_Run journey, not a trap but the option that I was looking for is November may have some correction levels. The option missing is a Full Swing to ATH after a small correction.

According to the current market sentiments, the market is flowing in a good direction and as far as it's concerned with the first week's performance, I'm quite happy because Bitcoin maintained its Support level and it would be great if the coming week also performs well. A breakout of 35k will boost the market emotion to more Bullish and we may be able to see till the end of Nov market touching 42k.

The thing is the polls I make are more for what your market sentiments are, not really for exactly what you think might happen.  It's not for prediction purposes, it's more about how you feel when you made your vote.  And right now, it looks like you're with the 'it's a bull market' group and that's all we need to know.

Anyway, I haven't seen a lot of people vote for bullishness at just the first couple of days before.    It must be a bull market.  Lol.

[karabiber]

I’m currently unsure on which direction the price could take in November. I feel like we are still tied to the macro environment & legacy financial markets. What, if anything will the FED do next. We still move based on what Powell says or ironically, doesn’t say. Providing nothing drastic transpires in November then potentially we can expect non violent upwards movement. Let’s hope to see a repeat of October, that was enjoyable.

Bitcoin had a good October and closed the month of October, which started at around $27k with significant rises. The most important factor that brought Bitcoin's rise was the markets' belief that the spot ETF approval would now come. Based on previous years, I can say that Bitcoin's November performance is generally bullish.

When I look at Bitcoin's November performance every year, I see that although there are occasional declines, this level of decline does not come close to the bullish rates. However, the November performance of the last two years was quite bad and the FTX decline in November last year deeply affected the markets. In November this year, the news of the expected ETF approval has a positive impact on the markets. According to fundamental analysis, I think that the positive atmosphere in the market will positively affect Btc's performance in November and Btc will rise above $40k.

[Sophokles]

I’m currently unsure on which direction the price could take in November. I feel like we are still tied to the macro environment & legacy financial markets. What, if anything will the FED do next. We still move based on what Powell says or ironically, doesn’t say. Providing nothing drastic transpires in November then potentially we can expect non violent upwards movement. Let’s hope to see a repeat of October, that was enjoyable.

Bitcoin had a good October and closed the month of October, which started at around $27k with significant rises. The most important factor that brought Bitcoin's rise was the markets' belief that the spot ETF approval would now come. Based on previous years, I can say that Bitcoin's November performance is generally bullish.

When I look at Bitcoin's November performance every year, I see that although there are occasional declines, this level of decline does not come close to the bullish rates. However, the November performance of the last two years was quite bad and the FTX decline in November last year deeply affected the markets. In November this year, the news of the expected ETF approval has a positive impact on the markets. According to fundamental analysis, I think that the positive atmosphere in the market will positively affect Btc's performance in November and Btc will rise above $40k.

Historical data shows bitcoin made one last major correction before its halving. If you look at the chart of 2012, 2016 and 2020 halving events then you will see that the price of bitcoin rose significantly at the end of the previous year of bitcoin halving and from there it made a big correction. This happened in the previous three cycles, and there is no point in ignoring the fact that it won't happen this time. Historical data proves to be the most valuable one for the bitcoin market and i am taking it into consideration this time too though i think it can not guarantee that it will be 100% accurate because we can only predict the future but can not give assurance for it.

[panganib999]

It is looking obvious that the bull will continue and strongly too. I'm tempted to look at the range of $40k resistance and this because most people fear that inflation may keep raising as the war between Israel and Palestine still going on, people will want to continue hedging with bitcoin and that will keep price action on the bull. Moreover, the year is ending and the halving getting closer while more investors keep DCA.

It's a scary notion but I do believe the same thing too, that this is not a bull trap. If you observe the last week of October, there's not a lot of big moves in the market so I share the sentiment and with the current hearing on the decision regarding bitcoin ETF still on the limbo, I think it adds another layer of assurance that bitcoin's going to be experiencing more green candles and as you've stated, it's nearing the halving and the coming holidays so it's always a guarantee that the prices are going to be either moving up or stabilizing but not going to go down significantly. I say that we should continue buying bitcoin and save up for when the halving comes, we will never be regretting that we half-assed our bitcoin investment.

[Hamza2424]

I wanted to point out the part that is missing in the posts,  but I have searched for a while without being able to point that out and seeing that you mentioned the insufficiency of the post it got my attention and I kind of wonder if you can do well by pointing what and what aspect that is missing from this posts and how best we as members can contribute effectively to this discussions.

Haha, Senior I've found you taking an interest in increasing the quality of discussion here, well What I wanted to say was when it comes to poll-typed threads there should be a variety of options at least the required one should be considered. It will greatly help people cover every range of view/perspective.

October was a great month and historically it's not surprising at all, OP posted a poll-type discussion thread with only one side covering voting option, as OP provided an option ¹ market is bullish, ² It's fake/trap and ³ IDK, this is not a proper execution of voting if historically we analyze November is considered as correction month most of the times.

So correction option was missing but some of the folks may question trap was there so who wanted to say correction they should have chosen the trap, trap can't be compared with correction I'm sure most of us are well aware of it. So what I was saying is that there should be another option of A small correction but Bullish on Long-Rrun. By just adding this option I'm sure 50% or at least near to this votes could have been on this option and people may have been discussing this point as well with what they think on it.

Using this approach we can really provide a wider range to cover while speculating the market in November, that's it.

[Wind_FURY]

Pardon me sers if I vote that there's high probability that it's a bull trap. I'm long term bullish, but short term, "beware". Let me explain.

In the U.S., which is the largest consuming countries innthe world, their M2 Money Supply is contracting to its deepest levels EVER. A recession will absolutely follow, and it's not might not only be in the U.S., it might start a contagion of economic failures across the world in my opinion.



Does anyone truly believe that Bitcoin will continue to surge if most of the world is in a recession? Zoomed out to the maximum, YES it goes up, but for 2023 and firsr half of 2024? - Save some dry powder for buying the DIP.

[Bitcoin_people]

We had one of the best performing month of the year for BTC, if not the best performing month.    So I'm guessing everybody's sentiment might be a tad more bullish?  

For this month's poll, let's try something different.  It won't be a question about the price but a question about what you guys think about BTC's price action now and what it means going forward.

As we have seen in 2022 the Bitcoin market was down. But 2023 has seen a lot of changes in the Bitcoin market which we saw in October with Bitcoin pumping a lot. Bitcoin had a bullish season for the month of October, and I think since it is now November, Bitcoin may be in a better position this month as well. At the moment the Bitcoin market has crossed $35000, the Bitcoin market upside in November looks like it is likely to go higher. And since our halving is looming in 2024, that's probably why the Bitcoin market is going up. I think there is a possibility of going higher by the end of 2023 if the Bitcoin market touches $40k by then, then there will be more growth in the bull market. and if we stay within $40k before the halving then when the bull market comes later the market will definitely be more hyped.

[bitterguy28]

It is looking obvious that the bull will continue and strongly too. I'm tempted to look at the range of $40k resistance and this because most people fear that inflation may keep raising as the war between Israel and Palestine still going on, people will want to continue hedging with bitcoin and that will keep price action on the bull. Moreover, the year is ending and the halving getting closer while more investors keep DCA.

It's a scary notion but I do believe the same thing too, that this is not a bull trap. If you observe the last week of October, there's not a lot of big moves in the market so I share the sentiment and with the current hearing on the decision regarding bitcoin ETF still on the limbo, I think it adds another layer of assurance that bitcoin's going to be experiencing more green candles and as you've stated, it's nearing the halving and the coming holidays so it's always a guarantee that the prices are going to be either moving up or stabilizing but not going to go down significantly. I say that we should continue buying bitcoin and save up for when the halving comes, we will never be regretting that we half-assed our bitcoin investment.

for the  last whole week , the price continue to Hold at 30k above and today for the first time this year bitcoin broke 36 thousand dollars , with 400 on the side , so if there is a continued increase it wont take a day to have 37k$ again and that may sounds a good market we have now till December .
and having no Bulltrap casting maybe it is normal to expect us at 40k$ in the next coming weeks.
If december act better lets hope 45k will be our highest value for bitcoin this year .

[AprilioMP]

For this month's poll, let's try something different.  It won't be a question about the price but a question about what you guys think about BTC's price action now and what it means going forward.

I voted on the pool option above with the I don't know option because what I know is that Bitcoin is preparing to move towards $40,000. Another reason I gave a poll I don't know, because I am a person who really enjoys whatever situation happens to Bitcoin. For me Bitcoin is not just about price but there is another side that I can feel but cannot put into words.

The price chart shows how the spirit is moving upwards after a long period of being below.
What was previously expected may now be felt because Bitcoin enthusiasts have long had doubts about when Bitcoin will reach the $35,000 level and last a little longer than before.
I'm more than ready now to wait for the $40,000 level.

[kotajikikox]

For this month's poll, let's try something different.  It won't be a question about the price but a question about what you guys think about BTC's price action now and what it means going forward.

I voted on the pool option above with the I don't know option because what I know is that Bitcoin is preparing to move towards $40,000. Another reason I gave a poll I don't know, because I am a person who really enjoys whatever situation happens to Bitcoin. For me Bitcoin is not just about price but there is another side that I can feel but cannot put into words.

Maybe this is enough to call Bull time , look how much it climbed over a week after October? now at 36k$ and simply shows that bitcoin may claim 40k any time soon , or at least before the November dies?

The price chart shows how the spirit is moving upwards after a long period of being below.
What was previously expected may now be felt because Bitcoin enthusiasts have long had doubts about when Bitcoin will reach the $35,000 level and last a little longer than before.
I'm more than ready now to wait for the $40,000 level.

The chart also shows how green is covering this whole week , and its always great to see times like this than the months in which we are fighting to beat the reds.

[DapanasFruit]

I am not good at predicting anything most especially in foreseeing the possible ups and downs for Bitcoin. Now, having said that, my own sentiment is that we are now entering the early phase of the bull run market though there is still that possibility that by December there can be a minor pullback of the price. In this month, there can be a continuing upward pressure maybe even reaching $40K as more and more people as well as big financial firms are hoarding Bitcoin for the coming approval of the ETF and the halving in 2024. Of course, I can be wrong so we should take anything with some raised eyebrows.

[Dave1]

I am not good at predicting anything most especially in foreseeing the possible ups and downs for Bitcoin. Now, having said that, my own sentiment is that we are now entering the early phase of the bull run market though there is still that possibility that by December there can be a minor pullback of the price. In this month, there can be a continuing upward pressure maybe even reaching $40K as more and more people as well as big financial firms are hoarding Bitcoin for the coming approval of the ETF and the halving in 2024. Of course, I can be wrong so we should take anything with some raised eyebrows.

$40k should be the resistance right now, currently we have a huge spike again in the last 24 hours, +4.x% and now we are trying to break $37k. So it's good that we have another bullish month.

So the only thing we can do right now is to have a lot of patience.

The target for this month or at least at the end of the year is $40k-$50k and it looks like that trajectory is achievable.

[tokeweed]

^  Dunno, looking at how BTC has been breaking out above resistances one after another, I don't think 40k is gonna pose much 'resisting' once it gets there.  Lol.  There could be one around 46k - 48k tho judging from how it looks on the chart.

Anyway after the first week of so, we got 22 guys voting that it's already a bull market, there are 4 guys who woke up at the wrong side of the bed and a couple of guys who don't know.m Hmmm...  At least let's hope they're exposed at least a little in this market move.

[carlisle1]

^  Dunno, looking at how BTC has been breaking out above resistances one after another, I don't think 40k is gonna pose much 'resisting' once it gets there.  Lol.  There could be one around 46k - 48k tho judging from how it looks on the chart.

Anyway after the first week of so, we got 22 guys voting that it's already a bull market, there are 4 guys who woke up at the wrong side of the bed and a couple of guys who don't know.m Hmmm...  At least let's hope they're exposed at least a little in this market move.

and now it is 23 mate  

I don't mind having sideways but now? I am concretely believing that Bitcoin will gradually hitting 40k and some says even to get 42k before it bounced back to 30k'ish level .

But 46-48k ? i think I am enough when it grows to 42k and maybe consider selling , as I have seen this happening couiple of times that after a growth before halving , mostly price will go super low .

so that means I am ready to what will do once we got there , I love the people here so much positive to what will happen.

[fzkto]

^  Dunno, looking at how BTC has been breaking out above resistances one after another, I don't think 40k is gonna pose much 'resisting' once it gets there.  Lol.  There could be one around 46k - 48k tho judging from how it looks on the chart.

Anyway after the first week of so, we got 22 guys voting that it's already a bull market, there are 4 guys who woke up at the wrong side of the bed and a couple of guys who don't know.m Hmmm...  At least let's hope they're exposed at least a little in this market move.

and now it is 23 mate  

I don't mind having sideways but now? I am concretely believing that Bitcoin will gradually hitting 40k and some says even to get 42k before it bounced back to 30k'ish level .

But 46-48k ? i think I am enough when it grows to 42k and maybe consider selling , as I have seen this happening couiple of times that after a growth before halving , mostly price will go super low .

so that means I am ready to what will do once we got there , I love the people here so much positive to what will happen.

It seems to me too that there is a local rise or market manipulation going on right now because of ETFs. I am sure that before halving the price collapsed once more or we can call it the last correction. I don't expect bitcoin to rise much now.

[Out of mind]

In October, we saw a lot of pumping in Bitcoin which was a big increase compared to August. However, currently November has seen more changes in the Bitcoin market candlesticks where only green lights are visible. These green lights are steadily moving higher which is why we currently see the Bitcoin market hovering around $38,000. As the market is currently running like an unbridled spin, we can say with certainty that soon the Bitcoin market will touch $40,000 in November. I believe this is possible because the way we see Bitcoin moving from the current time it will touch $50,000 soon. As Bitcoin halving is coming up, maybe the Bitcoin market is growing so much, and all the investors are very happy from this green candle in the Bitcoin market.

[Zanab247]

I hope that November will be as good a month as October. The bull market started in September and I think that November could be even more bullish. The monthly chart looks very good to me. The main thing is that the price does not fall back below 33k.

With what is happening in the market now show that November will be the best month crypto users have never experience this year, because it look like the price of BTC will reach $40k in this month of November which investors find it difficult to see in the month of October but we only experienced $34k. The chart show that the price of BTC will surely hit above $40k in this month of November for those hodlers waiting for bull run to come for them to have money to celebrate the new year will embrace this opportunity that is about to land in the market for strong bull to continue again.

Just 9 days in the month of November the price has hit $37k, which is pushing some hodlers to sell before the price will still go down to $30k but I believe the price will not go down again until the price reach $80k next year before it will come down for bear run to continue in the market.

[khiholangkang]

It seems to me too that there is a local rise or market manipulation going on right now because of ETFs. I am sure that before halving the price collapsed once more or we can call it the last correction. I don't expect bitcoin to rise much now.

I don't think this is about ETF manipulation, but you must really understand that adoption is getting stronger due to Halving too, I do not deny that the increase that occurs one of the ETF Bitcoin news sentiments which is now increasingly strengthened from the retail community and also institutional investors But whatever power that we will indeed experience a big surge next year, and preparation for November will also be an opportunity for small investors to collect more bitcoin.

I also previously did not have more expectations at the end of the year, that reaching $ 35k alone was enough for Bitcoin to show its strength, but they asked for more and maybe we would get a price of more than $ 40K at the end of this year.

[South Park]

It seems to me too that there is a local rise or market manipulation going on right now because of ETFs. I am sure that before halving the price collapsed once more or we can call it the last correction. I don't expect bitcoin to rise much now.

I don't think this is about ETF manipulation, but you must really understand that adoption is getting stronger due to Halving too, I do not deny that the increase that occurs one of the ETF Bitcoin news sentiments which is now increasingly strengthened from the retail community and also institutional investors But whatever power that we will indeed experience a big surge next year, and preparation for November will also be an opportunity for small investors to collect more bitcoin.

I also previously did not have more expectations at the end of the year, that reaching $ 35k alone was enough for Bitcoin to show its strength, but they asked for more and maybe we would get a price of more than $ 40K at the end of this year.

While the ETF news ended up being a lie, at the same time this incident awoke the interest on this market once again and it seems investors are now taking a position preparing themselves for the halving, however while the ETF approval did not happen I really think that the people in the known are predicting that eventually one may get approved soon and they want to buy bitcoin before that happens, as the reaction of the market to that news will be very vigorous and the price will surely grow very rapidly after such news was confirmed.

[Yaunfitda]

It seems to me too that there is a local rise or market manipulation going on right now because of ETFs. I am sure that before halving the price collapsed once more or we can call it the last correction. I don't expect bitcoin to rise much now.

I don't think this is about ETF manipulation, but you must really understand that adoption is getting stronger due to Halving too, I do not deny that the increase that occurs one of the ETF Bitcoin news sentiments which is now increasingly strengthened from the retail community and also institutional investors But whatever power that we will indeed experience a big surge next year, and preparation for November will also be an opportunity for small investors to collect more bitcoin.

I also previously did not have more expectations at the end of the year, that reaching $ 35k alone was enough for Bitcoin to show its strength, but they asked for more and maybe we would get a price of more than $ 40K at the end of this year.

While the ETF news ended up being a lie, at the same time this incident awoke the interest on this market once again and it seems investors are now taking a position preparing themselves for the halving, however while the ETF approval did not happen I really think that the people in the known are predicting that eventually one may get approved soon and they want to buy bitcoin before that happens, as the reaction of the market to that news will be very vigorous and the price will surely grow very rapidly after such news was confirmed.

It already proven to be fake news right? the supposedly cointelegraph tweet and then the ticker suddenly listed. But still the market wasn't deterred, it continue to buy and as as result the market went and break the biggest barrier that we have for this year and that is $32k. And it continue to grow in the last week of October and the bullish sentiments carry it till this day, looking at the market cap,

High
$37,926.26

So it almost touch $38k in the last 24 hours and so far we really don't know what drove the investors to pour their money again and I doubt that it is about ETF. Or maybe they are just fattening their wallet in preparation for a bull run.

[Oasisman]

I can't say it's a bull trap since we are approaching at the next bitcoin halving, so I will say it's the beginning of the bullrun. Though we may still experience a pull back a little bit, but I don't think it would go as far below $30k as we've seen more people who are gradually accumulating additional fractions of bitcoin to their wallet.
I can't think of any other reasons that could initiate the bullrun, not even the ETF news, except the fact that we are about to get into the 4 year cycle which may create another ATH.

[ajiz138]

High
$37,926.26

So it almost touch $38k in the last 24 hours and so far we really don't know what drove the investors to pour their money again and I doubt that it is about ETF. Or maybe they are just fattening their wallet in preparation for a bull run.

That being the highest point I've seen during the year would probably be a good start before starting at the beginning of the year.
Yeap maybe that's so because the price has gone up so many investors are pouring funds into the bitcoin market and preparing now, they don't want to miss the train so maybe they should prepare from now on.
ETF speculation still continues because the FOMO news seems to be really made by the whales so that many come in, but now market sentiment is still influenced by ETF news and others.

[STT]

I voted I dont know because its all yet to be proven.  The price action again recently is bullish but I have trust issues which how long a push upwards lasts in any perfect way.   We are now today challenging the ancient history of 2022 opening months when we had fallen off the ATH and it was fairly hard as sell off.   If there isnt much volume in that area it could be easier then expected.

[justdimin]

I am not good at predicting anything most especially in foreseeing the possible ups and downs for Bitcoin. Now, having said that, my own sentiment is that we are now entering the early phase of the bull run market though there is still that possibility that by December there can be a minor pullback of the price. In this month, there can be a continuing upward pressure maybe even reaching $40K as more and more people as well as big financial firms are hoarding Bitcoin for the coming approval of the ETF and the halving in 2024. Of course, I can be wrong so we should take anything with some raised eyebrows.

$40k should be the resistance right now, currently we have a huge spike again in the last 24 hours, +4.x% and now we are trying to break $37k. So it's good that we have another bullish month.

So the only thing we can do right now is to have a lot of patience.

The target for this month or at least at the end of the year is $40k-$50k and it looks like that trajectory is achievable.

At this point I am not seeing any resistance at all, it looks like resistance before it gets there, but then it gets broken to pieces when the price starts to chuck away all those sell orders. I mean when the market is hyped, it is really hard to stand on its way, the market will be capable of beating down any wall and going above any resistance, with just some time. I think 40k will not be an issue for us neither, we are going to go above that easily, and that's why I am glad that I have invested into bitcoin.

I agree that as long as we have some patience, we are going to do fine, because it may not happen over night in a single day, but the price will definitely keep growing bigger and bigger, we just need to hold meanwhile.

[tokeweed]

^  Dunno, looking at how BTC has been breaking out above resistances one after another, I don't think 40k is gonna pose much 'resisting' once it gets there.  Lol.  There could be one around 46k - 48k tho judging from how it looks on the chart.

Anyway after the first week of so, we got 22 guys voting that it's already a bull market, there are 4 guys who woke up at the wrong side of the bed and a couple of guys who don't know.m Hmmm...  At least let's hope they're exposed at least a little in this market move.

and now it is 23 mate  

I don't mind having sideways but now? I am concretely believing that Bitcoin will gradually hitting 40k and some says even to get 42k before it bounced back to 30k'ish level .

But 46-48k ? i think I am enough when it grows to 42k and maybe consider selling , as I have seen this happening couiple of times that after a growth before halving , mostly price will go super low .

so that means I am ready to what will do once we got there , I love the people here so much positive to what will happen.

I hear you.  As for selling, you mean you longed as a trade?  Hope you have a long term bag too.  Lol.  Anyway, you gotta wait until it shows some kind of weakness and wait if the momentum continues.  I'd rather sell late and see the whole duration of the move rather than sell early and runs way higher than expected.  

And as for wanting some sideways action, yup.  But people are kinda getting more excited and piling money in there as it goes.

Edit:  Bull trap has 5 just now. 

[Jegileman]

We had one of the best performing month of the year for BTC, if not the best performing month.    So I'm guessing everybody's sentiment might be a tad more bullish?  

For this month's poll, let's try something different.  It won't be a question about the price but a question about what you guys think about BTC's price action now and what it means going forward.

The price action for BTC by the end of this month should be nothing less than $40K. Throughout this month, the market will continue to experience bullishness and could create so many new resistance that would hold the price up to hit the $40K price. If by the end of the month, the bitcoin price can form a new resistance at $38K, we will see nothing less than $39K to $42K range when the month is coming to an end. This bullish form will continue until next year, just a little correction I foresee will take effect place but we won’t experience a major bearish market now until the halving.

[Aanuoluwatofunmi]

Bitcoin is making us proud with the way it has lay a strong resistance against bear ever since the October experience and now it has broken the limit from $36,000 to $37,000 and there's more hope that before the end of the year, the market is likely to maintain being more bullish than before, despite the fact that many had proposed more bull all throughout the end of the year, this means we are more bullish henceforth and holding bitcoin in this present time will be proven profitable till we enter into Halving.

[onecall123]

When Bitcoin crossed the historical 30-32k resistance and people saw it sticking around, it felt like a big relief. The positive sentiment about Bitcoin is strong. Now, it just needs some confirmations to make sure the price stays up, aiming for $38k. If that happens, it might go even higher over the next day or two.

It seems like phase 2 is starting a little early. Phase 3 is expected to start around the middle of next year. We might witness a new all-time high, so exciting times ahead!

[hyudien]

Bitcoin is making us proud with the way it has lay a strong resistance against bear ever since the October experience and now it has broken the limit from $36,000 to $37,000 and there's more hope that before the end of the year, the market is likely to maintain being more bullish than before, despite the fact that many had proposed more bull all throughout the end of the year, this means we are more bullish henceforth and holding bitcoin in this present time will be proven profitable till we enter into Halving.

I am currently optimistic about a bullish market due to strong market sentiment and increasing Bitcoin adoption from large institutions. Regardless of whether this is still considered too early or not, the tendency to increase early is different from the previous ATH process. However, despite such optimism, it cannot be separated from the anticipation that as large institutions enter aggressively into Bitcoin, retail retailers in the future will earn less than what they bought the previous year. The power to hold the price of Bitcoin after the Halving for large companies is a game that needs to be controlled. Therefore, as a retailer, whether to release or hold it becomes a bit confusing. What I mean by confusion is that apart from future lows, we will not find any more like this year's lows.

[khiholangkang]

I don't think this is about ETF manipulation, but you must really understand that adoption is getting stronger due to Halving too, I do not deny that the increase that occurs one of the ETF Bitcoin news sentiments which is now increasingly strengthened from the retail community and also institutional investors But whatever power that we will indeed experience a big surge next year, and preparation for November will also be an opportunity for small investors to collect more bitcoin.

I also previously did not have more expectations at the end of the year, that reaching $ 35k alone was enough for Bitcoin to show its strength, but they asked for more and maybe we would get a price of more than $ 40K at the end of this year.

While the ETF news ended up being a lie, at the same time this incident awoke the interest on this market once again and it seems investors are now taking a position preparing themselves for the halving, however while the ETF approval did not happen I really think that the people in the known are predicting that eventually one may get approved soon and they want to buy bitcoin before that happens, as the reaction of the market to that news will be very vigorous and the price will surely grow very rapidly after such news was confirmed.

It already proven to be fake news right? the supposedly cointelegraph tweet and then the ticker suddenly listed. But still the market wasn't deterred, it continue to buy and as as result the market went and break the biggest barrier that we have for this year and that is $32k. And it continue to grow in the last week of October and the bullish sentiments carry it till this day, looking at the market cap,

High
$37,926.26

So it almost touch $38k in the last 24 hours and so far we really don't know what drove the investors to pour their money again and I doubt that it is about ETF. Or maybe they are just fattening their wallet in preparation for a bull run.

Yes it was fake news fake news earlier put out by mainstream media cointelegraph on its X account. And that triggered quite a big reaction in the market.
But this march of increased adoption I think from another point of view about this significant growth in November because of the continued heated discussion in many media about the bitcoin halving which made bitcoin experience high popularity so that it gets the attention of investors, and also bitcoin became the best asset again during this year with more than 100%, from the price as of January.

It is possible that the holders of financial exchanges continue to buy bitcoin, if you look at the ETF itself, then the exchange that trades it they must have bitcoin, and most likely these asset managers are buying slowly bitcoin before the price is higher.IMO

[Hamphser]

I don't think this is about ETF manipulation, but you must really understand that adoption is getting stronger due to Halving too, I do not deny that the increase that occurs one of the ETF Bitcoin news sentiments which is now increasingly strengthened from the retail community and also institutional investors But whatever power that we will indeed experience a big surge next year, and preparation for November will also be an opportunity for small investors to collect more bitcoin.

I also previously did not have more expectations at the end of the year, that reaching $ 35k alone was enough for Bitcoin to show its strength, but they asked for more and maybe we would get a price of more than $ 40K at the end of this year.

While the ETF news ended up being a lie, at the same time this incident awoke the interest on this market once again and it seems investors are now taking a position preparing themselves for the halving, however while the ETF approval did not happen I really think that the people in the known are predicting that eventually one may get approved soon and they want to buy bitcoin before that happens, as the reaction of the market to that news will be very vigorous and the price will surely grow very rapidly after such news was confirmed.

It already proven to be fake news right? the supposedly cointelegraph tweet and then the ticker suddenly listed. But still the market wasn't deterred, it continue to buy and as as result the market went and break the biggest barrier that we have for this year and that is $32k. And it continue to grow in the last week of October and the bullish sentiments carry it till this day, looking at the market cap,

High
$37,926.26

So it almost touch $38k in the last 24 hours and so far we really don't know what drove the investors to pour their money again and I doubt that it is about ETF. Or maybe they are just fattening their wallet in preparation for a bull run.

Yes it was fake news fake news earlier put out by mainstream media cointelegraph on its X account. And that triggered quite a big reaction in the market.
But this march of increased adoption I think from another point of view about this significant growth in November because of the continued heated discussion in many media about the bitcoin halving which made bitcoin experience high popularity so that it gets the attention of investors, and also bitcoin became the best asset again during this year with more than 100%, from the price as of January.

It is possible that the holders of financial exchanges continue to buy bitcoin, if you look at the ETF itself, then the exchange that trades it they must have bitcoin, and most likely these asset managers are buying slowly bitcoin before the price is higher.IMO

Fake news but it turns out to be a good or positive trigger that we do have on this market on which with that sudden deletion of that ETF approval fake news but still it do ends up that the market do end up on having on the same sentiments on which it did really get in line with Blackrocks application and now those chances for it to be approved on which it did really cause up on markets to go even further.
We cant really deny nor not that blind not to see those kind of catalyst on which it did make that trigger but well not all that it is happening is determined with that news yet it could really be moving out
completely without having any sentiments such as this. Tons had been anticipating that the price might really be that going sideways for a while but it turns out that
the price had made some breakout on which we didnt really expect for it to happen. What causes up for shoot up more? No one really knows but rest assured, we arent still on a bull run yet.

[STT]

I'm not super bullish like that just yet, I think it takes multiple perspectives to add up to something really bullish.   So for example the Dollar index or DXY is still rising, its still strong and will remain so until it can lose the 100 figure and trade below that.  Dollar strength puts pressure on prices across a variety of tradable commodities, everything but bonds where its bullish for debt trading.  Part of how the system works, well that means Bitcoin is in competition with everything else despite the gains I would view that as a balloon with too much water in it or something, I think it can sell off a bit.
  I could be reading it wrong of course, still waiting for resistance to show up on the radar and for us not to hit it like a ship hitting  a rock.  Its definitely out there somewhere just waiting :p

When Bitcoin crossed the historical 30-32k resistance and people saw it sticking around, it felt like a big relief.

Thats the positive I'm willing to take and I would guess it does hold and we call this bullish however the action after that point I still hold in question.

[tygeade]

When Bitcoin crossed the historical 30-32k resistance and people saw it sticking around, it felt like a big relief. The positive sentiment about Bitcoin is strong. Now, it just needs some confirmations to make sure the price stays up, aiming for $38k. If that happens, it might go even higher over the next day or two.

It seems like phase 2 is starting a little early. Phase 3 is expected to start around the middle of next year. We might witness a new all-time high, so exciting times ahead!

Yes, must be a great period, people have seen it break over 30k before, but they did not see it go above 35k before, so when the price reached above 32k, people started to think that it is going to do very well. This is going to near that 40k range and I think that is going to be a historical moment. After it breaks over 40k there is no turning back, people are fully just on the verge of doing the bigger return thing and I believe that it is going to be quite good, should be very proud moment.

Buying before 40k is very very important because of this, if we want to have a good return on our investment we should be trying our very best, that's an important thing. I understand not everyone approaches things the same way, but they should, or at least they should try their best. Not everyone will have money to invest before 40k, so they could do it later on when they do have the money, but if you do have the money then you should try to do your very best without a doubt.

[tokeweed]

I'm not super bullish like that just yet, I think it takes multiple perspectives to add up to something really bullish.   So for example the Dollar index or DXY is still rising, its still strong and will remain so until it can lose the 100 figure and trade below that.  Dollar strength puts pressure on prices across a variety of tradable commodities, everything but bonds where its bullish for debt trading.  Part of how the system works, well that means Bitcoin is in competition with everything else despite the gains I would view that as a balloon with too much water in it or something, I think it can sell off a bit.
  I could be reading it wrong of course, still waiting for resistance to show up on the radar and for us not to hit it like a ship hitting  a rock.  Its definitely out there somewhere just waiting :p

Looking at the daily chart rn, technical resistance looks like it's gonna be around 48k?  What do you think?

And do we really have to factor in the DXY and how if it trends up it puts some pressure on the market?  Maybe stocks and commodities but it's not really affecting BTC and the rest of crypto right now...  Some L1 alts are trending up, SOL is going a bit crazy and this new thing TIA is going really crazy after airdrop.    And don't get me started about memecoins.  Lolol. 

And looking at the DXY chart, it's the one trading at resistance rn.

[yudi09]

When Bitcoin crossed the historical 30-32k resistance and people saw it sticking around, it felt like a big relief. The positive sentiment about Bitcoin is strong. Now, it just needs some confirmations to make sure the price stays up, aiming for $38k. If that happens, it might go even higher over the next day or two.

$38k is not a tough challenge that can be achieved in the future before 2024. There are still around 48 days left of opportunity to reach a price of more than $38k if this positive trend continues to persist at the $37k level.
For at least the remaining 48 days we will be waiting for a price of $40k.

It seems like phase 2 is starting a little early. Phase 3 is expected to start around the middle of next year. We might witness a new all-time high, so exciting times ahead!

It only takes patience to reach the hope that has been hidden for so long because discussing the cycle that has been passed and will be passed will never end. As the CEO of Grayscale said, we have to be ready for the main event.

[KingsDen]

Yea I'm not getting into numbers but I voted for the Bull too!

I voted for bull trap but I do not actually know why but my instinct tells me that it is too early to enter the bull run. If the bull run starts now, it will not be very effective and a new ATH might not be seen. Why I said so is that the open window is so large, although halving is 6 months away but the main halving bull run does not happen immediately on the halving day. It takes some few more months and when the window is too open for a long time, there will be possibility of bad news happening which will impact the bitcoin price.

I have been tending to doubt the possibility of this halving coming with a bull run but history has it that it must happen. But to what extent is what I do not know but if we can get 150% from the current price, it will not be bad.

[tokeweed]

Ok guys as how we do it with these sentiment threads, I locked the poll at the middle of the month to avoid the results getting skewed towards how the market looks at the end of the month.  So we got 24 guys who feel like it's already a bull market, 6 people voted that it's a bull trap and three of you guys who doesn't know what to feel about the run up.

Looking at the chart, it looks good and any drop as long as 31k - 32k holds and becomes new support should tell us that it could already be a bull market.

[Ndabagi01]

Looking at the chart, it looks good and any drop as long as 31k - 32k holds and becomes new support should tell us that it could already be a bull market.

BTC has been fluctuating between 31K and 35K for more than a week. It does not appear that it will go above that price at this time, indicating that it has reached a new support level. Even if there is no massive bull run (say, +10,000 to the current price), the price is unlikely to fall below the new support it has formed. By the end of November, which is only two weeks away, I'm expecting a price of $40K+, which appears to be possible given current market trends.

[EarnOnVictor]

I don't think this is about ETF manipulation, but you must really understand that adoption is getting stronger due to Halving too, I do not deny that the increase that occurs one of the ETF Bitcoin news sentiments which is now increasingly strengthened from the retail community and also institutional investors But whatever power that we will indeed experience a big surge next year, and preparation for November will also be an opportunity for small investors to collect more bitcoin.

I also previously did not have more expectations at the end of the year, that reaching $ 35k alone was enough for Bitcoin to show its strength, but they asked for more and maybe we would get a price of more than $ 40K at the end of this year.

While the ETF news ended up being a lie, at the same time this incident awoke the interest on this market once again and it seems investors are now taking a position preparing themselves for the halving, however while the ETF approval did not happen I really think that the people in the known are predicting that eventually one may get approved soon and they want to buy bitcoin before that happens, as the reaction of the market to that news will be very vigorous and the price will surely grow very rapidly after such news was confirmed.

It already proven to be fake news right? the supposedly cointelegraph tweet and then the ticker suddenly listed. But still the market wasn't deterred, it continue to buy and as as result the market went and break the biggest barrier that we have for this year and that is $32k. And it continue to grow in the last week of October and the bullish sentiments carry it till this day, looking at the market cap,

High
$37,926.26

So it almost touch $38k in the last 24 hours and so far we really don't know what drove the investors to pour their money again and I doubt that it is about ETF. Or maybe they are just fattening their wallet in preparation for a bull run.

Yes it was fake news fake news earlier put out by mainstream media cointelegraph on its X account. And that triggered quite a big reaction in the market.
But this march of increased adoption I think from another point of view about this significant growth in November because of the continued heated discussion in many media about the bitcoin halving which made bitcoin experience high popularity so that it gets the attention of investors, and also bitcoin became the best asset again during this year with more than 100%, from the price as of January.

It is possible that the holders of financial exchanges continue to buy bitcoin, if you look at the ETF itself, then the exchange that trades it they must have bitcoin, and most likely these asset managers are buying slowly bitcoin before the price is higher.IMO

Fake news but it turns out to be a good or positive trigger that we do have on this market on which with that sudden deletion of that ETF approval fake news but still it do ends up that the market do end up on having on the same sentiments on which it did really get in line with Blackrocks application and now those chances for it to be approved on which it did really cause up on markets to go even further.
We cant really deny nor not that blind not to see those kind of catalyst on which it did make that trigger but well not all that it is happening is determined with that news yet it could really be moving out
completely without having any sentiments such as this. Tons had been anticipating that the price might really be that going sideways for a while but it turns out that
the price had made some breakout on which we didnt really expect for it to happen. What causes up for shoot up more? No one really knows but rest assured, we arent still on a bull run yet.

If you are conversant with the financial market you would know that it loves to react to a thing like that, fake or real, the market loves it, even rumours and the deed is already done. I don't possibly know how Bitcoin can return back to the level it was before the fake Blackrock news and the generally rekindled bullish impact caused by the ETF saga in October. The ETF discussion has been a subject of controversy but a blessing to the Bitcoin and Crypto markets where FOMO drives more capitalization. But it wouldn't have been this much if not for the anticipation of the halving coming next year. It wasn't a bad idea for people to buy the markets since they were already low, it would hardly cause anymore to lose their money and buying at a low price is the best luck any investor could have.

[tokeweed]

I just found out about Binance.  Lol.  I'm pretty sure a lot of people watching the market were expecting something different...  Maybe a blood bath?    But no, BTC is holding strong despite the shenanigans.  So that could really mean one thing...  We are in a bull market.  If this kind of news got out around October - November last year, omg.  Huge red candle for the month for sure. 

I know 1D looks like it's running into some resistance but look at the monthly chart.  It looks really good.

[ultrloa]

When Bitcoin crossed the historical 30-32k resistance and people saw it sticking around, it felt like a big relief. The positive sentiment about Bitcoin is strong. Now, it just needs some confirmations to make sure the price stays up, aiming for $38k. If that happens, it might go even higher over the next day or two.

$38k is not a tough challenge that can be achieved in the future before 2024. There are still around 48 days left of opportunity to reach a price of more than $38k if this positive trend continues to persist at the $37k level.
For at least the remaining 48 days we will be waiting for a price of $40k.

We are near to that level and its not actually hard to reach in this current situation. We are now speculating a bull season so provably the demand rise up that's why we can see bitcoin pretty much doing some strong movements. Also even if there's fuds against binance official still bitcoin doing good despite that happenings. That's why we can conclude that maybe in next few days or weeks we can see that target to achieve.

What more tricky about that is to question on when bitcoin could able to reach at $40k since if it that price happen in this year there's lot of potential that next year we could see a $50k or even more. To many exciting things that could possibly happen and halving usually bring good impact to the price of bitcoin so provably we can also experience huge pump to happen while we are close to see bitcoin halving occur.

[Doan9269]

Looking at the chart, it looks good and any drop as long as 31k - 32k holds and becomes new support should tell us that it could already be a bull market.

BTC has been fluctuating between 31K and 35K for more than a week. It does not appear that it will go above that price at this time, indicating that it has reached a new support level. Even if there is no massive bull run (say, +10,000 to the current price), the price is unlikely to fall below the new support it has formed. By the end of November, which is only two weeks away, I'm expecting a price of $40K+, which appears to be possible given current market trends.

With the way the bitcoin market have been recently going, it's likely possible that we shifted to receiving the month end between $36k to $39k by the end of this month, though anything can change that we have more other reasons to see the market pumps more or not, because this year altgrou is marked for rising and not falling in market price, all other days of this year will also signifies the rising of another move to $40,000 as we proceed towards the halving against next year.

[fzkto]

Looking at the chart, it looks good and any drop as long as 31k - 32k holds and becomes new support should tell us that it could already be a bull market.

BTC has been fluctuating between 31K and 35K for more than a week. It does not appear that it will go above that price at this time, indicating that it has reached a new support level. Even if there is no massive bull run (say, +10,000 to the current price), the price is unlikely to fall below the new support it has formed. By the end of November, which is only two weeks away, I'm expecting a price of $40K+, which appears to be possible given current market trends.

With the way the bitcoin market have been recently going, it's likely possible that we shifted to receiving the month end between $36k to $39k by the end of this month, though anything can change that we have more other reasons to see the market pumps more or not, because this year altgrou is marked for rising and not falling in market price, all other days of this year will also signifies the rising of another move to $40,000 as we proceed towards the halving against next year.

I think November and December will be positive for bitcoin because Tether is printing a lot of usdt. Although without that usually the end of the year was more often good than bad for bitcoin and cryptocurrencies. I expect November to not be a dump.

[sana54210]

I just found out about Binance.  Lol.  I'm pretty sure a lot of people watching the market were expecting something different...  Maybe a blood bath?    But no, BTC is holding strong despite the shenanigans.  So that could really mean one thing...  We are in a bull market.  If this kind of news got out around October - November last year, omg.  Huge red candle for the month for sure. 

I know 1D looks like it's running into some resistance but look at the monthly chart.  It looks really good.

I mean it makes sense that BNB did fall, and that's understandable because they are going to pay 4.3 billion dollars, not like they are going to sell their BNB to pay for that fine, so to be fair BNB didn't even had to fall, but I can understand the logic. However, why would bitcoin fall because of this news? I feel like that's not the issue and we should probably realize that it is not going to be a trouble at all. People just need to realize what's good and what's not, that would make things easier for everyone. I get that it may not be all that simple, but it should be quite easy to handle it all.

I believe that we are going to end up with something that should be important to notice, and it could definitely be a big deal. I hope that we can't really see this through without some big jumps, because we really need them and people realized that this news is nothing, which is a great feeling because sometimes market could overreact to these type of news.

[danadc]

November is about to end and it is a month that has been very beneficial, it has served a lot to give what will be for December of this year, and it can be seen as something positive, I think that the price of bitcoin can rise a lot and It is a fact that everyone thinks that a new ATH is now possible and yes, although many do not think so, I do think so because many investors have not sold and even though they are in profits they do not want to do so, it must be for something and that is what motivates you to buy november, and to buy when it goes down, that's the trick, it's simple, you just have to have money to buy and have a great investment, November has been the month for that.

[JoyMarsha]

When Bitcoin crossed the historical 30-32k resistance and people saw it sticking around, it felt like a big relief. The positive sentiment about Bitcoin is strong. Now, it just needs some confirmations to make sure the price stays up, aiming for $38k. If that happens, it might go even higher over the next day or two.

It seems like phase 2 is starting a little early. Phase 3 is expected to start around the middle of next year. We might witness a new all-time high, so exciting times ahead!

Based on my current understanding of this, the historical resistance prices for Bitcoin this year require months to break through on each. Given that we have now crossed the $27k–$29k, $30k–$32k, and currently $35k-37k+ mark, the price of bitcoin may begin to cross this threshold($35k-$37k) in December and remain there until January of next year. That will be the price of $40k and above.

[STT]

Binance is fixed news in that it does not appear to be a negative which spreads in an unknown way.  Its announced and resolved quite quickly and the idea of disclosure and anti laundering was already a known factor to exchanges.  Maybe thats why, the main reason BTC does not pull back is the Dollar index I think.   So far I see BTC standing on support about 36k, also a prior ceiling to movement roughly.  If it lost that and also DXY started to trend up I would expect a  fall.  I thought maybe November could see this fall but seems there is no imperative to especially sell or move a large amount at present in either direction.

[Onyeeze]

Following the price history of Bitcoin for the past November price in the past years, it's likely that the price of Bitcoin this month is going to drop. From history, the bitcoin price usually increases in November if it's in the halving year. Just as 2024 is the next Bitcoin halving, the price of Bitcoin will definitely surge high by this time next year. IMO, we are not yet in the bull market, although the price might increase more than $35k but will still drop. There was some speculation that Bitcoin would already reach $100k+ before the end of the year, but I doubt it would be archivable.

Everyone knows very well that the price of bitcoin will rise in 2024 and this year 2023 especially this November and December 2023, so everyone is expecting bitcoin to rise, so therefore we should not panic again because I know that the price of bitcoin will not exceed 39k to 40k this year, I know that before bitcoin to increase more than this particular price will reach 100k this year even next year if the price of bitcoin increase it should be between the middle of the year, so whatever we are thinking of the price to increase that should be after halving.

[asrinur]

I think currently the bitcoin market is in a bullish condition, this is marked by a significant increase in the price of bitcoin where the price of bitcoin is currently in the range of $36k-$37k. Therefore, seeing that the market is currently green, I am optimistic that by the end of this year the price of bitcoin can reach $40k-$45k.

[Andrija Branislav]

Looking at the daily chart rn, technical resistance looks like it's gonna be around 48k?  What do you think?

It looks like the 48k number will be picked up but it will take another 10k to reach that level. Yes. maybe it's not much for BTc but it can only be said if it is achieved. We don't know what will happen tomorrow or in the next 2 days. Of course, I hope that maybe other things will happen so that progress is fast and doesn't take too long.

[aylabadia05]

I think currently the bitcoin market is in a bullish condition, this is marked by a significant increase in the price of bitcoin where the price of bitcoin is currently in the range of $36k-$37k. Therefore, seeing that the market is currently green, I am optimistic that by the end of this year the price of bitcoin can reach $40k-$45k.

Already past $ 38k even before the price of $37,750.18, Bitcoin has penetrated $38.349.
It is not impossible we will reach $40K in the near future with consideration of various positive signals that occur in the market.
The price comparison of Bitcoin in Thanksgiving 2023 shows a very far price from previous years which began recorded since 2010.

Optimistic attitude in the price of Bitcoin I think it is important we can prepare ourselves so as not to get caught up with various FUDs that make the optimistic attitude change suddenly.
For now, Bullish is still strong ongoing.

[el kaka22]

It is cool that we were right with the bull market prediction, it's clear that we started with a great number already, but no matter what happens we stood strong and we are at a good level anyway. I think that's important because after certain months of bullish movement, it ends up being a little bit different, usually like 2-3 months of bullish run is usually followed by a bearish market and that should be important, we could had something like that during November and we didn't, that's good.

I understand that it may not end up with something that would be all that crazy, we should consider the situation a little bit different in the end, and could be done differently one way or another, December is the breaking point, if that's bullish too, then we will just skyrocket.

[Rasa nanas]

I think currently the bitcoin market is in a bullish condition, this is marked by a significant increase in the price of bitcoin where the price of bitcoin is currently in the range of $36k-$37k. Therefore, seeing that the market is currently green, I am optimistic that by the end of this year the price of bitcoin can reach $40k-$45k.

Already past $ 38k even before the price of $37,750.18, Bitcoin has penetrated $38.349.
It is not impossible we will reach $40K in the near future with consideration of various positive signals that occur in the market.
The price comparison of Bitcoin in Thanksgiving 2023 shows a very far price from previous years which began recorded since 2010.

Optimistic attitude in the price of Bitcoin I think it is important we can prepare ourselves so as not to get caught up with various FUDs that make the optimistic attitude change suddenly.
For now, Bullish is still strong ongoing.

Yes, I agree with you, bullish is still strong and will continue.
in this forum and on social media I read that many people are optimistic that 2024 is a bullish year, in other words the positive trend will get stronger because in the future more people will buy bitcoin to welcome the bullish year 2024. This price recovery is truly unexpected and it is possible that this positive trend is a sign that the bear market is over.

[btc_angela]

I think currently the bitcoin market is in a bullish condition, this is marked by a significant increase in the price of bitcoin where the price of bitcoin is currently in the range of $36k-$37k. Therefore, seeing that the market is currently green, I am optimistic that by the end of this year the price of bitcoin can reach $40k-$45k.

Already past $ 38k even before the price of $37,750.18, Bitcoin has penetrated $38.349.
It is not impossible we will reach $40K in the near future with consideration of various positive signals that occur in the market.
The price comparison of Bitcoin in Thanksgiving 2023 shows a very far price from previous years which began recorded since 2010.

Optimistic attitude in the price of Bitcoin I think it is important we can prepare ourselves so as not to get caught up with various FUDs that make the optimistic attitude change suddenly.
For now, Bullish is still strong ongoing.

Yes, I agree with you, bullish is still strong and will continue.

And speaking of this forum, I remember that there was one study about the sentiments of this community really reflects what the market is doing. It was way back, if I remember it perhaps it was around 2018 that some entities made that study.

in this forum and on social media I read that many people are optimistic that 2024 is a bullish year, in other words the positive trend will get stronger because in the future more people will buy bitcoin to welcome the bullish year 2024. This price recovery is truly unexpected and it is possible that this positive trend is a sign that the bear market is over.

With that, since bitcointalk is very bullish with BTC it might echo the sentiments and optimistic on other social media platform. And I think it's really not that hard to see why this community has a big influence on the market itself and then investors following our trend. So let's see, $38k-$40k is just around the corner this end of 2023 and hopefully we can finished with a big bang at $50k.

[Oasisman]

With that, since bitcointalk is very bullish with BTC it might echo the sentiments and optimistic on other social media platform. And I think it's really not that hard to see why this community has a big influence on the market itself and then investors following our trend. So let's see, $38k-$40k is just around the corner this end of 2023 and hopefully we can finished with a big bang at $50k.

Not only the bitcointalk community are bullish for 2024, but the outside social media platforms, blogs, and articles are already talking about the effect of bitcoin halving next year. Everyone is already aware of what have happened to bitcoin in the past 2 halvings, even those who has yet to invest in bitcoin even knew it.
$50k is possible as we take another step closer to the next halving, people would accumulate even more on December to avoid buying at a higher price next year than what we have today. We are already expecting that, if it does not hit the $50k by the end of 2023, pretty sure it would be around $40k.

[Tony116]

With that, since bitcointalk is very bullish with BTC it might echo the sentiments and optimistic on other social media platform. And I think it's really not that hard to see why this community has a big influence on the market itself and then investors following our trend. So let's see, $38k-$40k is just around the corner this end of 2023 and hopefully we can finished with a big bang at $50k.

This is a forum that has been associated with bitcoin since bitcoin creation, so it is no surprise that bitcointalk is the forum with the most optimism about the future of bitcoin. But is it correct to say that the forum's optimism is having a major impact on the market and other investors are following our trend? I am also a member of the forum but I don't think there are many investors, especially large investors, who are participating in the forum and following our optimism.

Furthermore, as Oasisman said, everyone already knows about bitcoin's 4-year cycle and the halving is closer than ever. So it won't be surprising when people start Fomo about a bullish season.

[tokeweed]

Binance is fixed news in that it does not appear to be a negative which spreads in an unknown way.  Its announced and resolved quite quickly and the idea of disclosure and anti laundering was already a known factor to exchanges.  Maybe thats why, the main reason BTC does not pull back is the Dollar index I think.   So far I see BTC standing on support about 36k, also a prior ceiling to movement roughly.  If it lost that and also DXY started to trend up I would expect a  fall.  I thought maybe November could see this fall but seems there is no imperative to especially sell or move a large amount at present in either direction.

I think there's no need to complicate things like looking at what's going on with the DXY.    Let's just say that investors are getting less spooked and are now more willing to hold even though there' some shenanigans going on.  People will tend to get sick of the news and would stop listening eventually.  I guess we're at that time.  Just look at the PA right now...  Kinda flat for a couple of weeks at the local highs but it's pretty decent.  That's something we want before the next leg up.  It needs a breather.

[aylabadia05]

<snip>

Yes, I agree with you, bullish is still strong and will continue.
in this forum and on social media I read that many people are optimistic that 2024 is a bullish year, in other words the positive trend will get stronger because in the future more people will buy bitcoin to welcome the bullish year 2024.

The optimistic attitude shown by people certainly has an analysis of why they are optimistic that 2024 will be a bullish year.
We are here to discuss the opportunities and challenges that will be faced in each market sentiment. And this forum is the most active forum every day with relevant discussions and perhaps if you survey the percentage level of activity, other forums are not like the activity that occurs here.

This price recovery is truly unexpected and it is possible that this positive trend is a sign that the bear market is over.

For those who have never experienced how market prices fall, perhaps price recovery is unexpected. For people who have experienced the most difficult periods but still have the spirit to endure, this price recovery is not surprising.
Let's just say I'm a beginner in this matter because I personally still don't dare to speculate that the bear market will end.

[cryptomaniac_xxx]

With that, since bitcointalk is very bullish with BTC it might echo the sentiments and optimistic on other social media platform. And I think it's really not that hard to see why this community has a big influence on the market itself and then investors following our trend. So let's see, $38k-$40k is just around the corner this end of 2023 and hopefully we can finished with a big bang at $50k.

This is a forum that has been associated with bitcoin since bitcoin creation, so it is no surprise that bitcointalk is the forum with the most optimism about the future of bitcoin. But is it correct to say that the forum's optimism is having a major impact on the market and other investors are following our trend? I am also a member of the forum but I don't think there are many investors, especially large investors, who are participating in the forum and following our optimism.

Furthermore, as Oasisman said, everyone already knows about bitcoin's 4-year cycle and the halving is closer than ever. So it won't be surprising when people start Fomo about a bullish season.

Yes, that is obvious, we associated this community with the man himself, the inventor of bitcoin and so everyone flocks here, and we still have some OG heads around that has been since the inception and so we know that the trend or pattern will continue, like the 4 year cycle and new all time high.

It's just a matter of time, if investors doesn't have the patience to wait for the bull run to emerge, then we felt sorry for them. But just like the rest of us here, who have seen at least 2 bull cycles, we are still very positive and optimistic that we will reach all new time high and that will be profit for us. So let the FOMO begin for newbies, but for experience players, all we can do is accumulate and then HODL.

[bitterguy28]

Yes, I agree with you, bullish is still strong and will continue.
in this forum and on social media I read that many people are optimistic that 2024 is a bullish year, in other words the positive trend will get stronger because in the future more people will buy bitcoin to welcome the bullish year 2024. This price recovery is truly unexpected and it is possible that this positive trend is a sign that the bear market is over.

if you are talking about the whole year of 2024 then you are right that we will have a strong year and bullishness .

But this is about after the Bear market that will occur before the Halving and its given already , each Halving has a low side and those happens usually  every last month before the miners halving .

and sometimes continues even before the last quarter of that same year so we can expect a good run in October at least of 2024 or else it will be in December and the worst will happen in 2025 that some others are expecting to be the bull market may  happen.

[tokeweed]

There it is folks...    It looks like BTC has started another run and this time it could stay above 38k.  And if it really does, next resistance could be around 47k - 48k..?  Dunno, I'm just basing those figures on what I see in the daily and the weeky chart rn.  Lol.    Some of you guys are better at chart reading from what I've seen.

Anyway, would love too see at what price you guys think the monthly candle closes.

As for the poll, 24 people were right while 6 people woke up at the wrong side of the bed and 3 were not sure.

[YOSHIE]

For this month's poll, let's try something different.  It won't be a question about the price but a question about what you guys think about BTC's price action now and what it means going forward.

I once read about Bitcoin speculation and predictions for the future in a magazine, in my reading there was one conclusion that I drew about Bitcoin and war, We have seen wars in Iraq, Afghanistan, Russia, Ukraine and several other Middle East wars, but the Bitcoin movement continues to find good results and develop.

However, since the Israeli war, the crypto market, especially Bitcoin, has not shown any improvement, even though the price rose only a few percent, not in the Pacific, there are many experts currently speculating that Bitcoin has a big influence on investors from Israel, So the point is: there is speculation that the country's economy could be better, Bitcoin could be better, whether it's the market side or Bitcoin price developments in the future.

For that I can conclude, that Bitcoin is very influential on the majority of investors there, for me the bear market is now over, we should see a bull market now, my speculation is that improving the Israeli economy will have a good impact on Bitcoin.

[AprilioMP]

However, since the Israeli war, the crypto market, especially Bitcoin, has not shown any improvement, even though the price rose only a few percent, not in the Pacific, there are many experts currently speculating that Bitcoin has a big influence on investors from Israel, So the point is: there is speculation that the country's economy could be better, Bitcoin could be better, whether it's the market side or Bitcoin price developments in the future.

For that I can conclude, that Bitcoin is very influential on the majority of investors there, for me the bear market is now over, we should see a bull market now, my speculation is that improving the Israeli economy will have a good impact on Bitcoin.

The influence of Bitcoin prices is not always due to geopolitical factors that occur due to war, although these factors can trigger a fall in market prices. Don't get me wrong, discussions of Bitcoin always lead to price and it is very difficult to determine the price of Bitcoin because it really depends on the level and level of adoption.

In the article I once read about the impact of the Israeli conflict on Bitcoin, it could be a sign that many investors will switch to Bitcoin because of global uncertainty because Bitcoin can be used as a store of value when the certainty in question occurs.
I don't know much about speculating on the future of Bitcoin, but as far as I know I can say that the future of Bitcoin will be more certain than many factors.

Bitcoin ETFs, interest rates and many other events that are happening make me have the same view in assessing that we should see a bull market now but because of the Israeli conflict and other countries' conflicts, the economy is still unstable. You are right, when the economies of influential countries are stable, it will have a good impact on Bitcoin.

[danadc]

And November is ending, there are just a few days left until the end of the month and the beginning of the end of the year begin, that is what can be seen so far with a fairly satisfactory bitcoin price, I think it can make this end of the month a good rise in the price of bitcoin, it would not be bad, it would be something very good because it is a way of seeing things better, it is like closing a very good month of November with benefits for everyone.

Those who are bullish are the ones who expect the Bitcoin to rise like foam, but the bears are the ones who wait for a good correction so that they can continue lowering the price, but I don't see that, I don't think they can do anything to make it go down. , and since anything can happen in this market that is so volatile, it is time to continue buying, it is not known if tomorrow the price will rise even more and they will miss the opportunity to buy cheaper, that is what we have to see, And if the price goes up, they do like everyone else who didn't believe, they buy at a high price, they do things the other way around.

[cryptomaniac_xxx]

There it is folks...    It looks like BTC has started another run and this time it could stay above 38k.  And if it really does, next resistance could be around 47k - 48k..?  Dunno, I'm just basing those figures on what I see in the daily and the weeky chart rn.  Lol.    Some of you guys are better at chart reading from what I've seen.

Anyway, would love too see at what price you guys think the monthly candle closes.

As for the poll, 24 people were right while 6 people woke up at the wrong side of the bed and 3 were not sure.

I saw the price about $38k, and I thought that we will have a sustain run, but right now, upon checking, $37,710, so most likely there are profits taking in the last 8-12 hours or so. Probably the obviously resistance is the whole numbers, but once we get past it, and slice it like a butter, $43k-$45k will be a good target at the end of the year.

And for those who voted right, and those 6 who voted it wrong? Just shows that's it's really hard to predict the price movement.

Anyhow, looking for your another thread mate and I like how to put the data in the end to shows the numbers and maybe someone will remember that they voted and got it correct.

[EarnOnVictor]

I think currently the bitcoin market is in a bullish condition, this is marked by a significant increase in the price of bitcoin where the price of bitcoin is currently in the range of $36k-$37k. Therefore, seeing that the market is currently green, I am optimistic that by the end of this year the price of bitcoin can reach $40k-$45k.

Already past $ 38k even before the price of $37,750.18, Bitcoin has penetrated $38.349.
It is not impossible we will reach $40K in the near future with consideration of various positive signals that occur in the market.
The price comparison of Bitcoin in Thanksgiving 2023 shows a very far price from previous years which began recorded since 2010.

Optimistic attitude in the price of Bitcoin I think it is important we can prepare ourselves so as not to get caught up with various FUDs that make the optimistic attitude change suddenly.
For now, Bullish is still strong ongoing.

Yes, I agree with you, bullish is still strong and will continue.
in this forum and on social media I read that many people are optimistic that 2024 is a bullish year, in other words the positive trend will get stronger because in the future more people will buy bitcoin to welcome the bullish year 2024. This price recovery is truly unexpected and it is possible that this positive trend is a sign that the bear market is over.

It's not just happening even as November is almost gone, it has been confirmed by many analyses that the bear market has been over since October and I even made my post on this last month (https://bitcointalk.org/index.php?topic=5471365.msg63042399#msg63042399).

If I must say, Bitcoin is very easy to predict, especially for those who are using long-term analysis to gather their information about it and it was easy to know majorly through the price action that the end of the bearish reign for this season has come. Although the coin had started the bullish journey in November last year, it was so turbulent to decide what it would do as it had its fair share of both bearish and bullish moments this year. However, the ETF saga eventually helped it to gain a sustainable bullish price action on the monthly chart which is what has been helping it till now. And going forward till next year, Bitcoin will remain like this and will continue to find a bullish path with minimal bearish retracement as the long-term trend is already bullish and such a trend might last over a year if a strong unforeseen circumstance doesn't happen. As it is now, I expect it to hover between $39,000+ and $34,000+ until the next year when the post-halving effect would drive it strongly northwards.

[GreenStox]

now is the last day of November, what do you think BTC will close this month, will it still not break 40k$?
and what are the views in December, will bitcoin still rise, or will it experience a decline because since the last 2 months btc has never gone down.

[bangjoe]

now is the last day of November, what do you think BTC will close this month, will it still not break 40k$?
and what are the views in December, will bitcoin still rise, or will it experience a decline because since the last 2 months btc has never gone down.

And it seems that this November will close at the $37k price level, and I think even if we can't break the $40k level in November, we have hope that next month, which is the month at the end of 2023.
To be honest, yesterday bitcoin tried to break back to the price of $40k, but was stuck at the $38k price level which made bitcoin have to regroup its strength in order to break the $38k-$39k level. In accumulation this month collected an increase in price of approximately 10%.

Most of the analysts who say that bitcoin can break the $40k level at the end of the year, I still doubt the journey before the end of the year, maybe we will experience a decline first in the first or second week of December, before the increase continues? I have the same thoughts as you as bitcoin continues to show its strength in the last two months, mechanically we need a price consolidation, maybe to $30k-$32k in the week of December.

[ivankoh]

now is the last day of November, what do you think BTC will close this month, will it still not break 40k$?
and what are the views in December, will bitcoin still rise, or will it experience a decline because since the last 2 months btc has never gone down.

Now, I think it looks like the November candlestick will stop at $37k, the market is looking for direction and a correction in a range consistent with MicroStrategy's additional bitcoin buying. There is certainly a temporary waiting period before the correction consolidates and we see how bitcoin moves. No need to rush, take this time for patience. There is a possibility of a big wick starting in December but I am a bit skeptical. I guess if optimism continues to be supported by the market with the trend of maintaining accumulation. We should see the low of $38k hold before ending the year at $45k.

[alankasman]

There it is folks...    It looks like BTC has started another run and this time it could stay above 38k.  And if it really does, next resistance could be around 47k - 48k..?  Dunno, I'm just basing those figures on what I see in the daily and the weeky chart rn.  Lol.    Some of you guys are better at chart reading from what I've seen.

But above 38k will not occur because the turn of November to December is only a matter of hours. 38K may still be achieved if we monitor the daily and weekly graphic wax motion.
And if the price of bitcoin in a matter of hours can occur above 38k, the color of the Bitcoin price list table for 2023 will be green, unlike November 2022 which is red.

Anyway, would love too see at what price you guys think the monthly candle closes.

I will also be happy to see the closing of Bitcoin prices in November.

As for the poll, 24 people were right while 6 people woke up at the wrong side of the bed and 3 were not sure.

Not all specluation is correct. But too few are the sound here if 24 is true, 6 is wrong and 3 is not sure.

[justdimin]

It's not just happening even as November is almost gone, it has been confirmed by many analyses that the bear market has been over since October and I even made my post on this last month (https://bitcointalk.org/index.php?topic=5471365.msg63042399#msg63042399).

If I must say, Bitcoin is very easy to predict, especially for those who are using long-term analysis to gather their information about it and it was easy to know majorly through the price action that the end of the bearish reign for this season has come. Although the coin had started the bullish journey in November last year, it was so turbulent to decide what it would do as it had its fair share of both bearish and bullish moments this year. However, the ETF saga eventually helped it to gain a sustainable bullish price action on the monthly chart which is what has been helping it till now. And going forward till next year, Bitcoin will remain like this and will continue to find a bullish path with minimal bearish retracement as the long-term trend is already bullish and such a trend might last over a year if a strong unforeseen circumstance doesn't happen. As it is now, I expect it to hover between $39,000+ and $34,000+ until the next year when the post-halving effect would drive it strongly northwards.

I have to say that is 100% right and I could go back even more and say that maybe even September was out of the bear market to be fair, looks like it could be something that is already growing back then as well. I understand October was the real deal, and yes it has gone up a lot during that period there is nothing wrong with that, but I think it's quite important to remember that we are talking about a bigger return here and that should be the case.

I think it is going to be a bigger deal than we have ever anticipated and yet we need to make sure that it's going to end up with a return that is not going to be all that crazy. Just realize that we are talking about being so high compared to just a few months ago, and that will make people feel amazing about the situation.