BTC Sentiment Poll for January

[tokeweed]

WTF is happening right now?  Just when I thought everything is gonna be alrightthe market turns right into blood bath mode and dumps all over the place...  :/

I haven't looked into the news yet but if I were to guess, I think the market sell off has something to do with the ETF getting rejected once again and it's another wait and see for the next round.  Lmao.  This is hilarious.  But what else is new... The market always makes an ass out of everybody.

[peter0425]

December closed with another green monthly candle which kinda gave a scare as it was showing some sign that the top is in and that it could start going back down below 40k...  But it didn't!  And if anything the price action it's showing right now says it's just gonna get stronger.

So yeah, just a simple poll to see where your sentiments are for the market overall.  I don't think some people are convinced yet and are still side lined.

Anyway, here's the monthly chart...  And it's a beauty esp if you include January.

Have voted for I DUNNO in this one , because just this time that I become not so sure about the market as I believe there is a falling comes this month but  to  my surprise ? it continues to grow and yeah  breaking 45k that have been hard to take in December last year.

WTF is happening right now?  Just when I thought everything is gonna be alrightthe market turns right into blood bath mode and dumps all over the place...  :/

Not sure if this can be called Blood bath because there is just a fall from the market but we cannot say if this will continue .falling 3k from 45k to 42k? that seems to be alarming .

[el kaka22]

I mean technically speaking I have been trusting that it is the bull market for the past 4 months or so, which means that nothing really changed for me and I still think that it is doing fine right now, I do not really believe that much has changed right now. However, if we could start to trust that we are doing something better, then I could potentially see that it is going to  be a bit different, and that should be the most important part.

I understand that we are going to end up with something much better, and that is not always that easy, but we need to really consider this situation a bit different. I know that we are going to have some trouble if we are not careful, so even though I trust that it is the bull market, still be careful with it.

[Zanab247]

It's been an amazing start to 2024 as Bitcoin surpassed $45K. The price of Bitcoin is known for its fluctuations, making it challenging to predict short-term movements. While rapid market growth is exciting, it's essential to exercise caution before making any investment decisions. I'm still evaluating whether we're in a bullish market. However, I find comfort in the strategy of buying and holding.

But the price of BTC has fall back to $42k and, it has make many hodlers to think negatively in this new month because many thought that the bull run will begin massively in this new month but red candle has occurred in the market. We are in the bear run and anyone can use the opportunity to buy BTC in this bear run and hodl for the price to pump to $50k before you can take a good profits that will give you another opportunity to buy when another bear run occur.

That is the best choice in this season to buy BTC and continue hodling so that you will be part of what is going to happen before April and, it will make both long hodlers and short term hodlers to achieve what they couldn't achieve last year.

[TravelMug]

It's been an amazing start to 2024 as Bitcoin surpassed $45K. The price of Bitcoin is known for its fluctuations, making it challenging to predict short-term movements. While rapid market growth is exciting, it's essential to exercise caution before making any investment decisions. I'm still evaluating whether we're in a bullish market. However, I find comfort in the strategy of buying and holding.

But the price of BTC has fall back to $42k and, it has make many hodlers to think negatively in this new month because many thought that the bull run will begin massively in this new month but red candle has occurred in the market. We are in the bear run and anyone can use the opportunity to buy BTC in this bear run and hodl for the price to pump to $50k before you can take a good profits that will give you another opportunity to buy when another bear run occur.

And that is why everyone was really surprised that at the start of the year, there is a massive jump on the price without any news, except the anticipation of a ETF approval. But we really don't get any news yet or update from SEC, so it just make me think that some entities are behind from this pump and now we are back to normal.

That is the best choice in this season to buy BTC and continue hodling so that you will be part of what is going to happen before April and, it will make both long hodlers and short term hodlers to achieve what they couldn't achieve last year.

We still have a lot of time to buy and accumulate. We are more than 100 days from the halving, so plenty of time to DCA or even if we are in a signature campaign, save it weekly till the block halving and then see how it goes after as we might slowly see a bull run.

[ShowOff]

It's been an amazing start to 2024 as Bitcoin surpassed $45K. The price of Bitcoin is known for its fluctuations, making it challenging to predict short-term movements. While rapid market growth is exciting, it's essential to exercise caution before making any investment decisions. I'm still evaluating whether we're in a bullish market. However, I find comfort in the strategy of buying and holding.

But the price of BTC has fall back to $42k and, it has make many hodlers to think negatively in this new month because many thought that the bull run will begin massively in this new month but red candle has occurred in the market. We are in the bear run and anyone can use the opportunity to buy BTC in this bear run and hodl for the price to pump to $50k before you can take a good profits that will give you another opportunity to buy when another bear run occur.

That is the best choice in this season to buy BTC and continue hodling so that you will be part of what is going to happen before April and, it will make both long hodlers and short term hodlers to achieve what they couldn't achieve last year.

Of course it is very unpleasant to see the price fall so hard after the previous day's pump to $45,800. Panic and massive selling by quick profit takers sent market capitalization down 4.4% in the last 24 hours. But this is an opportunity to do more accumulation, but each of them needs to consider DCA in anticipation of more downside.

In my opinion, whether the SEC approves or not for a bitcoin ETF will have an impact on the price of bitcoin this January, so they need to anticipate and minimize risks if they want to accumulate. I and most users are still very optimistic about positive sentiment this January, but of course we can still see a correction before the halving.

[rhomelmabini]

For me it's a no until we see the approval of the ETF and we concluded the BTC halvening.I still believe that we may see a correction sooner or later and I know that I'm not the only one anticipating that event. Bull market for me is when everything just went up rapidly then alts go crazy, that's bull market for me.

[bluebit25]

Frankly, I don't think we are in a new bull cycle, maybe the news about ETFs is creating big and positive fluctuations in the market, but there will be situations where I think it makes sense due to the accompanying adjustment. Looking at the chart, we can speculate about the 2020 period. I also don't expect there to be immediate growth after the ETF is approved, but looking at what's happening, I'm still leaning towards the possibility of speculation. general market adjustment.

Anyway, this January there will be many big fluctuations for the market in general, we are nearing important days for the market, a few hours ago just the chaotic news caused fluctuations, just imagine the crowd still reacting to the news violently. In the journey of 2024, I believe we will have to face volatility mixed with doubts/excitement, but that is an indispensable part of this market, when the signal is clearer perhaps at the end of the year we may be in an official bull season.

[Fundamentals Of]

The month would probably close depending on the SEC's decision of Bitcoin spot ETF applications. If there is a rejection, the market might undergo a correction and the price might go back to $40,000 and even below. But if there is an approval instead of a rejection, it is possible that the month would end with the price reaching beyond $50,000.

I observed how rumors and false news about Bitcoin spot ETF are playing a bigger influence in the market. So January's price might be a reaction to Bitcoin spot ETF's fate.

[bbc.reporter]

WTF is happening right now?  Just when I thought everything is gonna be alrightthe market turns right into blood bath mode and dumps all over the place...  :/

I haven't looked into the news yet but if I were to guess, I think the market sell off has something to do with the ETF getting rejected once again and it's another wait and see for the next round.  Lmao.  This is hilarious.  But what else is new... The market always makes an ass out of everybody.

It was Jim Cramer. The market dumped on our faces after he declared that bitcoin cannot be killed and it is here to stay heheheeehehe.

Also, it is very headshaking that there are people in the forum who remain to think that it is not a bull market after bitcoin has done a 3x since November 2022. When will they be bullish?



Speaking on CNBC, television personality and economic analyst Jim Cramer stated that you can’t kill Bitcoin, as it’s here to stay. Moreover, Cramer called the digital asset a “reality” that many have to come to grips with. Additionally, labeling the token a “technological marvel” due to its constant perseverance.

Source https://watcher.guru/news/jim-cramer-you-cant-kill-bitcoin-its-here-to-stay

[FinePoine0]

December closed with another green monthly candle which kinda gave a scare as it was showing some sign that the top is in and that it could start going back down below 40k...  But it didn't!  And if anything the price action it's showing right now says it's just gonna get stronger.

So yeah, just a simple poll to see where your sentiments are for the market overall.  I don't think some people are convinced yet and are still side lined.

Anyway, here's the monthly chart...  And it's a beauty esp if you include January.

Bitcoin price will stay between 45k to 50k this January. Right now we are close to bitcoin halving so bitcoin price will not increase quickly. Now thousands of investors are just hoarding Bitcoin, so when the halving is near, the price of Bitcoin could go from 60k to 70k thousand dollars. Bitcoin halving is only three months away, so hurry all bitcoin holders deposit bitcoins.

[kotajikikox]

December closed with another green monthly candle which kinda gave a scare as it was showing some sign that the top is in and that it could start going back down below 40k...  But it didn't!  And if anything the price action it's showing right now says it's just gonna get stronger.

So yeah, just a simple poll to see where your sentiments are for the market overall.  I don't think some people are convinced yet and are still side lined.

Anyway, here's the monthly chart...  And it's a beauty esp if you include January.

with the constant changes happens? there is a pump in a day and then dumping in the next day? is this really something to consider Bull market? or just pumping and dumping playing with some whales?
not sure if this will be cleared as Bull but for me i take a step back and will wait more till when to sell or buy , its harder to predict when market is having roller coaster price like this.

[Lucius]

It was Jim Cramer. The market dumped on our faces after he declared that bitcoin cannot be killed and it is here to stay heheheeehehe.

Why would that be a reason which caused the price to drop? Most agree that the reason was in the Matrixport report, which says that the ETF will probably not be accepted this month, which consequently caused liquidation about "$500 million worth of positions across derivatives exchanges."

I would also single out the news that Saylor announced that he was selling part of his company's shares, which some may have interpreted as negative news.

Also, it is very headshaking that there are people in the forum who remain to think that it is not a bull market after bitcoin has done a 3x since November 2022. When will they be bullish?

The fact that the price is x3 times higher than the time you mention is for me personally just a recovery after the scandals with Do Kwon and Bankman, and I wouldn't call it a bull market at all. Realistically, the price of BTC in this period should be around $35k, and everything else is pumped up due to speculation about spot ETFs - and as soon as bad news appears about it, everything starts to collapse.

Realistically, the real bull run has so far always happened after the halving and it will probably be the same now - except that now we have an ETF in the game, although, as always, the decision will be uncertain until the very end.

[Bitcoin_people]

We've seen the price of Bitcoin rise and investors invest huge amounts of Bitcoin money only for the halving to happen. As the Bitcoin market is currently bullish and the market is showing a lot of growth, we can say that it is running like a bull market. If investors are in good profit right now as we have seen the Bitcoin market has already crossed $45k. January 2024 saw a good launch of Bitcoin price itself and it is likely to move to a better position soon and Bitcoin price is expected to rise rapidly.

[FinneysTrueVision]

It was Jim Cramer. The market dumped on our faces after he declared that bitcoin cannot be killed and it is here to stay heheheeehehe.

Why would that be a reason which caused the price to drop? Most agree that the reason was in the Matrixport report, which says that the ETF will probably not be accepted this month, which consequently caused liquidation about "$500 million worth of positions across derivatives exchanges."

I would also single out the news that Saylor announced that he was selling part of his company's shares, which some may have interpreted as negative news.

I'm sure that was just sarcasm because Jim Cramer is a clown who is known for making really bad predictions. If he says something is a good investment there is a good chance it will dump. Matrixport and Michael Saylor had about as much influence on the price as Jim Cramer, which is none at all. Traditional markets were also down yesterday.

My feeling is that we will have a positive month. By the end of next week the halving will be less than 100 days away. Nothing goes straight up forever, and there could be a few speed bumps before reaching a new ATH, but I don't think a massive selloff is likely in the coming weeks.

[Essential10]

Currently the Bitcoin market hovers between $42k and $45k. I still can't predict if the price of Bitcoin will go up or down this month. I thought at the beginning of the year that Bitcoin would go down but I don't see that at the moment. If the ETF is approved in the current market I think Bitcoin can go above $50k. The whole thing is based on what will actually happen, maybe or will happen in the future. While it is certainly possible that the value of Bitcoin will continue to rise, there are no guarantees in the market. The approval of ETF could potentially impact the market, but it is difficult to predict with certainty how much of an impact it will have. I'm not thinking about it right now, I just want to hold on to my bitcoins.

[Lucius]

I'm sure that was just sarcasm because Jim Cramer is a clown who is known for making really bad predictions. If he says something is a good investment there is a good chance it will dump. Matrixport and Michael Saylor had about as much influence on the price as Jim Cramer, which is none at all. Traditional markets were also down yesterday.

Everyone is entitled to their own opinion, but I would not agree that we should draw an equal sign between a business man like Saylor and some "comedian" who mostly talks nonsense on US business television. As an investor, I would be much more interested in what a serious business man who has already bought around 200 000 BTC is doing, than what people like Jim and people like him are speaking.

My feeling is that we will have a positive month. By the end of next week the halving will be less than 100 days away. Nothing goes straight up forever, and there could be a few speed bumps before reaching a new ATH, but I don't think a massive selloff is likely in the coming weeks.

I think that the halving is a secondary issue for now, because everyone is focused on the ETF - yesterday I watched several interesting programs on various US business TV and most of the comments are very positive. Of course, the outcome can always be negative, but either everyone lives in a very big delusion or they have insider information on which to base their statements.

A massive sale is always possible in case of some extremely negative events such as hacking of one of the top CEXs, or some new pandemic, and possibly some war conflict involving countries with nuclear weapons. When everything goes down, Bitcoin is no exception - remember the declaration of a pandemic and a 50% drop in less than 24 hours.

[Natalim]

Not totally we are in the bullish state but this is an indication for somewhat we want to see - Bullrun.
This month may not reach far from $40k but still believe that the price of Bitcoin will not fall below that price if there is a correction. Of course, I don't expect early hype this year, we're just about to start and the halving is likely to have a huge impact on its trend.

$43k - $48k - is already a satisfying price for Bitcoin to see this January.

[EarnOnVictor]

I mean technically speaking I have been trusting that it is the bull market for the past 4 months or so, which means that nothing really changed for me and I still think that it is doing fine right now, I do not really believe that much has changed right now. However, if we could start to trust that we are doing something better, then I could potentially see that it is going to  be a bit different, and that should be the most important part.

I understand that we are going to end up with something much better, and that is not always that easy, but we need to really consider this situation a bit different. I know that we are going to have some trouble if we are not careful, so even though I trust that it is the bull market, still be careful with it.

The bullish trend has been so strong since October last year so it is easy for anyone who is good at reading the chart to know. Not to mention the ETF optimism that caused more FOMO in the market, these helped Bitcoin rise and I believe it would keep the present price range regardless of anything that happens including unfavourable news. They could only cause Bitcoin to be undermined for a while but they will not tary before Bitcoin will rise up and overcome any hurdles on its way. Bitcoin having season is not to be taken lightly, it has happened many times in the past without disappointing people, and it will not do it this time. However, I never expected something serious in the concluding part of last year and at a point, I knew that $45,000 was no longer feasible for the year.

That was what happened until that level was hit early this year and it has been a rollercoaster condition for the coin afterwards. This year, I expect more bullish bias but not without some bearish threats, and this could be aggravated by the rejection of the ETF proposal. The news/rumour of the rejection is getting more than that of the approval which is another issue for the coin even before the decision is made. The 10th of January is barely 5 days and I am now becoming sceptical of the whole scenario due to my sizable investment in cryptocurrency. Let's continue to be patiently waiting, nonetheless, the ETF decision might shape the whole crypto space until the post-halving period which is going to be a win-win for the coin.

[Asiska02]

December closed with another green monthly candle which kinda gave a scare as it was showing some sign that the top is in and that it could start going back down below 40k...  But it didn't!  And if anything the price action it's showing right now says it's just gonna get stronger.

After December closed the year in a green candle, I was expecting the trend to continue in that manner in January since it is the year of the bitcoin halving. Fast forward to some few days back that the bitcoin market experienced a drop to almost $40K which was influenced by the news of bitcoin ETF, many people believe that the news on spot bitcoin ETF will be the decider of the price in January which SEC are expected to announce their stance on the bicoin ETF.  The market continues to abide to the news from SEC and also immediately revert back to his normal position after that. This whole month is going to be bullish as long as bitcoin ETF does not get rejected.