BTC Sentiment Poll for December

[tokeweed]

I honestly don't know what to ask for the poll but I have a gut feeling some of you guys might be starting to think that a correction here is healthy which I agree with...  But who knows, it could go on with another leg up as BTC usually does when it has the momentum.

I guess the question in the poll asks exactly what kind of sentiment everybody is having rn after another green month.  Remember guys, there's no right or wrong answer.  Just go with your gut and choose based on how you feel.  The poll is all about the sentiment not the analysis.

[1714622460]

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[1714622460]

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[Oshosondy]

I will like people to visit this thread again as this year is coming to an end already:

Bitcoin price guess, 2023

We are going to start another fun of bitcoin price guess by next year. I hope people will choose all-time-high next year.

Most people chose $30000 to $40000 this year to be the highest price of bitcoin. Let us see if bitcoin will break $40000 before the end of this year.

If I should predict this month price, honestly I do not know.

[Zaguru12]

I will like people to visit this thread again as this year is coming to an end already:

Bitcoin price guess, 2023


Most people chose $30000 to $40000 this year to be the highest price of bitcoin. Let us see if bitcoin will break $40000 before the end of this year.

If I should predict this month price, honestly I do not know.

Most people choose the $30 to $40k and it seems that will be right guess because personal I don’t see bitcoin breaking the $40k resistance and the $30k support levels. There are many who predict a correction after the $38k resistance was broken although I will agree with them but it would pass down below $35k. With bitcoin halving imminent and the hyped ETF approval also rumored to occur next year January most people will hold on to their bags and we will only see a heavy correction if the ETF approval is postponed yet again again. For this month the price will be between the $35k to $40k region.

[Andrija Branislav]

I honestly don't know what to ask for the poll but I have a gut feeling some of you guys might be starting to think that a correction here is healthy which I agree with...  But who knows, it could go on with another leg up as BTC usually does when it has the momentum.

I guess the question in the poll asks exactly what kind of sentiment everybody is having rn after another green month.  Remember guys, there's no right or wrong answer.  Just go with your gut and choose based on how you feel.  The poll is all about the sentiment not the analysis.

The day is December 1, 2023. If you look at today's BTC price it is already at the highest of $38,883 and I'm just trying to read the graph and not predict the possibility of BTC being strongest in the 42K area.

If it reaches 47K it is beyond my expectations.

[kentrolla]

I have always considered December to be the month of corrections and possible dump as we have seen in the past hence I don't have high hopes for this December as well, I don't think Bitcoin will have one more green month as we will see corrections during the festive seasons.

I don't intend to create fuds but I have been in the space for a while and it's my personal observation and I usually refrain from investing into Bitcoin during first half of the December because mostly the correct phase starts from second half of the month. Don't take this as a financial advice I am just sharing my experience and others might have different views as well.

[AbuBhakar]

I guess the question in the poll asks exactly what kind of sentiment everybody is having rn after another green month.  Remember guys, there's no right or wrong answer.  Just go with your gut and choose based on how you feel.  The poll is all about the sentiment not the analysis.

I can see a rising wedge pattern building up on a daily time frame chart. This is not a good indicator given that Bitcoin price is continuously pumping and suddenly show some weakness in terms of volume.

I still think that December can give as an explosive result but I will not removing the possibility that we can experience a major correction before we continue the big rally towards the ATH next year.

[ShowOff]

$40k to $45k is the price I expect in December. I don't know why some of us have lost optimism regarding the existing positive trend, but perhaps it is true that correction is something that cannot be ignored.

The price of bitcoin has risen almost 130% in the past year, but the price is still minus about 43% from its last ATH. This trend should be sustainable as I think big investors are ready to spend a large portion of their budgets buying bitcoin. After all, we are also getting closer to the halving and it is one of the good fundamentals to expect a massive price increase. I hope there is no correction and this positive sentiment continues.

[liuka]

December at the end of this year was the most surprising Bitcoin price closing in my opinion because rumors of a bitcoin spot etf would have quite a big impact if it was approved early. Yes, I think Bitcoin will be able to pass $40k or will close the end of this year at $43k. As far as I can see the buying wall is starting to thicken and that is one of the strongest incentives if buyers start accumulating Bitcoin to hold while waiting for the approval of the Bitcoin spot etf.

From the chart you uploaded, of course I see that there is a strong point in market sentiment that will move upwards and break through the $40k wall. It's true that nothing is exact and everything is just an uncertain prediction, but seeing many big events at the beginning of next year is why we have to think more about Bitcoin price changes.

And yes, I found a Bitcoin chart in December which is probably quite popular at the moment because it is all over social media which is valid in December. From this chart we can compare that the movement chart will bounce high upwards and hope that it will come true. But still stick to each other's opinions because this is all just a comparison for the price of Bitcoin in December.

Source : https://twitter.com/StockmoneyL/status/1730538736000082019?t=xm1lGsQHFNobli-Vhht1FQ&s=19

[ajiz138]

My guess is that it will be a positive trend again this month although we know that there are different sentiments but my view is always different when forecasting the bitcoin price at the end of the year and this feels like it could reach $40K more.

I think maybe this view can be wrong just always optimistic that this time bitcoin will slightly increase again but correction maybe this will happen but not so big and after that bitcoin can grow to its proper price.

It will be interesting if the year-end close is above $45K to $50K.

[Lida93]

$40k to $45k is the price I expect in December. I don't know why some of us have lost optimism regarding the existing positive trend, but perhaps it is true that correction is something that cannot be ignored.

The price of bitcoin has risen almost 130% in the past year, but the price is still minus about 43% from its last ATH. This trend should be sustainable as I think big investors are ready to spend a large portion of their budgets buying bitcoin. After all, we are also getting closer to the halving and it is one of the good fundamentals to expect a massive price increase. I hope there is no correction and this positive sentiment continues.

Not that it's a loss of optimism we should be realistic sometimes even as we express optimism.  The corrections are necessary so  it will put bitcoin price in the uptrend direct by next year 2024 as we all expects.

AFAIK, in this month of December bitcoin price won't surpass 40k because the resistance at the current point is still strong therefore price  will be experiencing a lot of consolidation building momentum for breakthrough either at the middle of January or by the end of January. Let see how it goes anyway it's just a prediction from my end.

[aylabadia05]

I honestly don't know what to ask for the poll but I have a gut feeling some of you guys might be starting to think that a correction here is healthy which I agree with...  But who knows, it could go on with another leg up as BTC usually does when it has the momentum.

I guess the question in the poll asks exactly what kind of sentiment everybody is having rn after another green month.  Remember guys, there's no right or wrong answer.  Just go with your gut and choose based on how you feel.  The poll is all about the sentiment not the analysis.

Entering the second week of December, the market situation can only be seen in which direction the speculators will go because this is still the beginning so it is a little difficult to say where the candle will go. This is what I said out of what I think about market sentiment for Bitcoin.

I want the market situation for Bitcoin to continue to increase and remain green from the first week to the fourth week of December so that this bullish momentum puts us in a pleasant situation because it can provide a market situation that lasts a long time on a green candle.

[STT]

I voted positive because Im not apprehensive especially.  I would include in the positve outlook, a gain which reverses back to neutral thats still a positive to many.    The reason Im more positive at this moment is we have left behind the 35k area which had a gravity that could have contain us or even capped all gains in that area.   Now we are past that level I think nearer to 40k is possible and we can achieve that before month end which makes December a positive month more likely then not.

43.2k is my target as this relates to the higher end of a range of daily prices seen to trade in early 2022.  We had been contending with the lower range but higher end now seems fair with us moving more freely in between these two points.

[Hamza2424]

I'm not at all expecting any sort of correction in December still it's a market anything can happen but after so many positive developments in November, and the price momentum and rally we can easily predict a positive return at the end of the month. I'm expecting the High price of the year at the end days December if any black swan event doesn't happen.

SEC is moving with the positive developments with the ETF approvals, The Year is coming to an end well, and the market is highly bullish we can say it will be in the range between 40k to 42k on the ending days, so still hopeful to achieve the target of the year 40k or +.

[Jating]

I still think that December is going to be very positive, and if I'm not mistaken, December is always healthy for us. Or at least there will be a jump specially a week before the Christmas holiday, maybe a good increase and then follow by a small dump, in which we could only reason that people are selling to take profits for this season.

Same with New Year, increased then follow by some selling. Nevertheless, overall I feel that we will end the year with at least above $40k levels. This is round number and it's better to break that kind of price because for me it's a mental barrier. But once we broke it, we could be sailing to $45k.

[Captain Corporate]

I love these topics, it is definitely something awesome for the forum, we keep seeing what people think and we also understand how many people are actively positive for the situation. I think it will go up too, it looks like its doing fine and to be fair its historically known as doing great at December months as well. I am %99 sure that 40k+ will be reached, there is very very little amount left, and that should be easy, the only situation that's risky would be the price start dropping down from here and not get there, but I think its not going to be all that crazy. Hopefully, we are going to end up with a huge increase if you ask me, its going to end up being 43-44k range by the end of the month, maybe as high as 45k.

[_BlackStar]

Will BTC continue trending up for December?

YES - it will.

Right now we are at the beginning of December and prices are moving quite well. $39K was almost a reality and would probably have been hit soon had people not sold their assets early. Demand for bitcoin is increasing and this has pushed prices higher - but that correction is a consequence that should still be considered a risk if they are day traders. I don't care about corrections - they're just a good opportunity to accumulate, but that's certainly what day traders worry about.

[LogitechMouse]

Except for the Bear market that already happened in 2022, I always believe that the last 3 months of the year will always be bullish, and there's no difference this time.

As we've seen already, the price of Bitcoin in the last 2 months went up, and I don't know if it's only me, but I always have this gut feeling that when it's the month of December, it's always been a bullish month (except for when we are in a bear market). This month is my birth month, and one of my wishes is to end this year with Bitcoin surpassing the $40,000 price or even the $45,000 if possible.

Overall, I would love to see the market go up, but still, I will not sell any of my portfolio this month, so whatever the price movement is, I will accumulate more, and more cryptocurrencies. Good Luck to all, and I hope all of us will gain profits this month.

[pooya87]

I'd say things have not changed much compared to previous months. The world is still struggling with armed conflict, high energy prices and shortage, inflation and recession. The effects of all that on the economy also affects bitcoin in a negative way preventing its rise despite the tremendous amount of potential it has for rise.

As if we didn't have enough wars, another battle started in South American. Another region where US is destabilizing! It also happens to be a very oil rich region called Venezuela.

[adaseb]

Without looking at the poll I am guessing that everybody is bullish. We already broke the yearly high today and looks like we might touch $40K sooner than later.

I don’t think we will get any etf approvals in December. It’s also a short month with the holidays, once 24th hits it will be choppy until Jan6th or so. So basically only 3 weeks of trading. Most likely a slow grind up.

[Don Pedro Dinero]

Without looking at the poll I am guessing that everybody is bullish.

I did look at it after voting and I see that there is indeed an overwhelming bullish majority. In my case I do not think there will be a big price rise this December, unless we have some news of Spot ETF approval or something like that, but seeing the trend we are coming from, the increasing proximity of halving, I hope we will end December at least slightly above the current price.