BTC Sentiment Poll for February

[Hypnosis00]

The reality is that we are seeing something that isn't really predictable at the moment, we are not at halving or near yet, but we are not far, we have seen it go up to around 49k but we have seen it go under 40k as well. As we have it right now, it is easy to say that anything could happen, and that is why it is a risky thing.

I think it's clear that we are going to end up with some terrible decisions if we do not know what we are doing and we should be careful about that. I understand it is going to be hard for you to handle if you can't deal with volatility in the crypto market. Just deal with what you have at the moment and you are going to se a lot of volatility this month, can't say which direction, maybe even towards both directions.

It is uncertain, but the market is quite healthy than last month. However, it gives us no confidence to keep seeing the current market momentum, inevitable drops seem to happen anytime without letting us know before it strikes.

I can't expect $50k this month but can't erase the possibility it comes especially if the uptrend continues. Yes, we still be careful but if we just hold, I think we have nothing to worry about the situation. For the buyers, I think the best thing to do is to wait for some correction as it comes any of these days.
Maybe I have missed something but I can't afford to always check the market situation every day.

[barisbilgili]

It is uncertain, but the market is quite healthy than last month. However, it gives us no confidence to keep seeing the current market momentum, inevitable drops seem to happen anytime without letting us know before it strikes.

I can't expect $50k this month but can't erase the possibility it comes especially if the uptrend continues. Yes, we still be careful but if we just hold, I think we have nothing to worry about the situation. For the buyers, I think the best thing to do is to wait for some correction as it comes any of these days.
Maybe I have missed something but I can't afford to always check the market situation every day.

I don't think there will be a sharp decline in the near future, in the last few days Bitcoin's movement has been quite positive and that's with significant movements.
To reach the price of $50k I think it is very possible for us to see this month and even in the near future, with what has happened in the last few days I am quite sure that this will happen, and it is true that we still have to be careful because no one knows how long this positive trend will continue and suddenly the price could move in the opposite direction, but what has happened has made many parties increasingly believe in what will happen in the future.

[tokeweed]

Wtf is going on guys??  47k and it looks like it's just getting started.  Lolol.  So ...  For those guys who voted 'no', do you still think it's going down by the end of the month or is it still early to tell if BTC is really ending in the green at end of Feb?

I'm having a fomo vibe going on right now.    But yeah, I have some BTC but not much.  Most of I'm holding now are staked in DYM and TIA...  Have some PYTH staked too.  It's a play for the rollapp meta which could earn airdrops for the stakers.  Hopefully stakers get a little bread and eat well this year. 

[bbc.reporter]

On the 8 bearish voters for no, what is the price that will change your minds to yes hehehee. According to the latest news articles, the spot bitcoin ETF issuers are presently twapping bitcoin increasingly and they have recently seen the largest net inflows of bitcoin since the ETFs were approved by uncle Gary. I would also not underestimate Larry Fink the new mayor of bitcoin hehe.


Larry Fink, new mayor of Bitcoin

[EarnOnVictor]

The reality is that we are seeing something that isn't really predictable at the moment, we are not at halving or near yet, but we are not far, we have seen it go up to around 49k but we have seen it go under 40k as well. As we have it right now, it is easy to say that anything could happen, and that is why it is a risky thing.

I think it's clear that we are going to end up with some terrible decisions if we do not know what we are doing and we should be careful about that. I understand it is going to be hard for you to handle if you can't deal with volatility in the crypto market. Just deal with what you have at the moment and you are going to se a lot of volatility this month, can't say which direction, maybe even towards both directions.

It is uncertain, but the market is quite healthy than last month. However, it gives us no confidence to keep seeing the current market momentum, inevitable drops seem to happen anytime without letting us know before it strikes.

So you are still afraid despite what the market is saying on various larger charts? I think you should not be, you should rather be encouraged and be positive about Bitcoin. What is happening with the Bitcoin market is not far-fetched, it's so speculative and well-expected, and I love this market the more because it is so easy to predict, especially the long-term disposition of it. Since the beginning of this year, I knew that Bitcoin would buy, and even in February when this polling thread was created, I voted for the bullish trend due to this. The reason was that the market needed a correction, and it had successfully retraced almost $10,000 in January alone, what did we expect of it in this situation, even when the long-term trend remained bullish?

I knew that the bearish movement we had in January was a preparation for a higher bullish impact, and in this state, I believe that hitting $50,000 is now more feasible than before. Bitcoin needed to breach some level upwards then and was able to do that, we should expect it to move higher afterwards. And I do not think that it can ever hit $38,50 this year again, which is why I know that anyone using that level as a reference point to place their stop loss for a long-term position can't ever make mistakes, even as the market continues to touch higher levels over time.

[pooya87]

The poll needs a "weird" option for me to choose because I still think the market is going to continue being weird.

But from the two choices I vote UP because we've already had the ETF drama last month and it "squeezed" out anybody that it could so it is time for the rises to begin as the weak hands are out and there is no more short term hypes to disrupt the market.

[KingsDen]

The poll needs a "weird" option for me to choose because I still think the market is going to continue being weird.

But from the two choices I vote UP because we've already had the ETF drama last month and it "squeezed" out anybody that it could so it is time for the rises to begin as the weak hands are out and there is no more short term hypes to disrupt the market.

It is nice if you can take a good look at your vote again. It has happened and it is purely up and up. Wonderfully known that we have touched $50k again. This is a resounding hope to the coin called bitcoin. My question is, from here, where do you think we are heading to? Can we go straight to bull run from here or we will retest the 40k and 30k regions before the major bull run .

[OgNasty]

I wouldn't bet against this Bitcoin rally.  Too many people are still on the sidelines.  The folks that were crazy about betting the farm on crypto back at the highs of 2021 are still sitting this rally out.  Most of the people I talk to aren't even aware that Bitcoin has been rising for a year now.  I suspect most people won't even be told about this Bitcoin rally until the price hits new highs, at which point they'll probably start taking out second mortgages to participate.  It still feels really early.  I would resist the urge to take profits if you're able.  I've learned when it comes to Bitcoin you are better served to wait.

[bbc.reporter]

The poll needs a "weird" option for me to choose because I still think the market is going to continue being weird.

But from the two choices I vote UP because we've already had the ETF drama last month and it "squeezed" out anybody that it could so it is time for the rises to begin as the weak hands are out and there is no more short term hypes to disrupt the market.

Hehehee I very much agree on this market being weird. It appears the new mayor of Bitcoin wants to rewrite history be causing the first all time high before the halving has occured. This will certainly feel very strange for people like you who have been here before 2014 hehe.

According to Bernstein anaysts, this is only the beginning.



At this point, investment company Bernstein analysts stated that further rises will come in Bitcoin.

Stating that ETFs will increase the Bitcoin price, analysts said that the ETF-focused market will create FOMO in investors and therefore they believe that Bitcoin's strongest period has not yet come.

Read in full https://en.bitcoinsistemi.com/bernstein-analysts-get-ready-for-a-fomo-rally-in-bitcoin-btc-will-reach-a-record-level/

[cryptomaniac_xxx]

I wouldn't bet against this Bitcoin rally. 

Who would at this point? Rally is going to continue as we have breach $50k and will go on this month. As I have said previously, moon boys are already here and it had created FOMO and the effect of Bitcoin Spot ETF approval is finally being realized by the market.

Too many people are still on the sidelines.  The folks that were crazy about betting the farm on crypto back at the highs of 2021 are still sitting this rally out.  Most of the people I talk to aren't even aware that Bitcoin has been rising for a year now.  I suspect most people won't even be told about this Bitcoin rally until the price hits new highs, at which point they'll probably start taking out second mortgages to participate.  It still feels really early.  I would resist the urge to take profits if you're able.  I've learned when it comes to Bitcoin you are better served to wait.

Of course, profit taking is at least if we break the previous all time high of $69k. Many those who are going to take profits here are short term speculators, but we understand this kind of investors. But for long term HOLDers, this is just the beginning, all profits are just in paper and we don't need to sell. We only sell if necessary, we need to hold that urge and wait till after halving and then see how it goes. But in the grand scheme of it all, selling should be 2025, when we felt that we have reach the top and a new all time high.

[YUriy1991]

Of course, profit taking is at least if we break the previous all time high of $69k. Many those who are going to take profits here are short term speculators, but we understand this kind of investors. But for long term HOLDers, this is just the beginning, all profits are just in paper and we don't need to sell. We only sell if necessary, we need to hold that urge and wait till after halving and then see how it goes. But in the grand scheme of it all, selling should be 2025, when we felt that we have reach the top and a new all time high.

If it's faster, I think it's better because this will make BTC one of the investments that will be most sought after by many people and mass adoption will create itself. I think not only that this part of the technology will also be useful for future applications and Bitcoin and other digital currencies can be transferred across borders to regions around the world with the click of a mouse and under the radar of governments and regulators.

[moneystery]

i think positively about the bitcoin price this february because it is very likely that we will be able to break 50k and that could lead us to a positive trend before the halving later. at the lowest we can drop to 45k, but that seems to only be supported by negative news, if there is no negative news we might be in a sideway position.

[TravelMug]

i think positively about the bitcoin price this february because it is very likely that we will be able to break 50k and that could lead us to a positive trend before the halving later. at the lowest we can drop to 45k, but that seems to only be supported by negative news, if there is no negative news we might be in a sideway position.

It has been broken, so finally we have seen $50k after what 2-3 years? But this is just the beginning, and when we thought that this February is going to be boring, it finally shows us a sign that this month is going to be the start as we hit that round numbers. Maybe we can see the majority selling to make profits or just some for them to feel what it feels like to project. But for those experienced and veterans here, no, no selling for us. Treat this as just the beginning of a massive bull run, and with that, this February will be the start of the bullish cycle pre-halving, in my opinion. And so far, majority of those who vote got it right, a whooping 66%.

[tokeweed]

Looks like BTC gave everybody quite a scare for the last couple of days or did it..?  Lol.  But overall as long as the price stays above 50k or 45k even then there's nothing to be scared of.  IMHO.  Price looks steady where it is now and there are no signs that the trend would be reversing soon.  It's all still going up until it doesn't. 

And with that I think I know what our next sentiment poll will be for March.    Should be fun and can't wait to know in what mindset you guys are in.

[btc_angela]

Looks like BTC gave everybody quite a scare for the last couple of days or did it..?  Lol.  But overall as long as the price stays above 50k or 45k even then there's nothing to be scared of.  IMHO.  Price looks steady where it is now and there are no signs that the trend would be reversing soon.  It's all still going up until it doesn't. 

And with that I think I know what our next sentiment poll will be for March.    Should be fun and can't wait to know in what mindset you guys are in.

Yeah, goes off to $52k, then we all have our speculations that it could go as high as $55k for this month. And obviously, there are profit taking from short term investors and day trader speculators, we are now in the $51k. But still though, we are happy to finally see that early this year we are above $50k.

And so exciting times ahead, for sure when you open the sentiment poll for next month, I'm seeing that we are going to be bullish as we are nearing the block halving. So hopefully we can maintain above $50k at least this February, going to $53k++ will be a bonus though. 

[Rasa nanas]

without negative news it seems impossible that a significant price decline will occur. we are getting closer to the halving, so everyone is currently racing to get their hands on bitcoins. Therefore in the future, I predict that crypto market conditions will be filled with price increases or sideway more often.

[tokeweed]

Uh what's going on?  Lolol.    I gotta admit that it's all totally unexpected which scares me a bit.  Hope the music doesn't stop anytime soon as of yet.  :/  And I think need to change next month's poll question.  I already had one ready but it looks like it won't apply with how the market is running good rn.

Looks like BTC gave everybody quite a scare for the last couple of days or did it..?  Lol.  But overall as long as the price stays above 50k or 45k even then there's nothing to be scared of.  IMHO.  Price looks steady where it is now and there are no signs that the trend would be reversing soon.  It's all still going up until it doesn't.  

And with that I think I know what our next sentiment poll will be for March.    Should be fun and can't wait to know in what mindset you guys are in.

Yeah, goes off to $52k, then we all have our speculations that it could go as high as $55k for this month. And obviously, there are profit taking from short term investors and day trader speculators, we are now in the $51k. But still though, we are happy to finally see that early this year we are above $50k.

And so exciting times ahead, for sure when you open the sentiment poll for next month, I'm seeing that we are going to be bullish as we are nearing the block halving. So hopefully we can maintain above $50k at least this February, going to $53k++ will be a bonus though.  

It's 57k now and it might just be 2k above expectations but there's potentially more room for it to trend up as the momentum is just so damn strong rn.  

Here's how Feb looks.

[el kaka22]

Well, we said it will be up... and it's up! . I believe that we are going to see it go up a bit more maybe, but the month will end up around these prices on the last days. The real thing is, how would March look based on February? I feel like it looks like it could be quite important change, we could end up with something major, we should definitely consider that as a reality. I know that it may not be all that simple, but it may end up with something decent eventually.

I hope that we could arrange something that may get a good result. We should hope to see some changes here and there during March, a little bit of correction because it has gone up so much, but after that we may even see it do a lot better eventually as well.

[ShowOff]

Well, we said it will be up... and it's up! . I believe that we are going to see it go up a bit more maybe, but the month will end up around these prices on the last days. The real thing is, how would March look based on February? I feel like it looks like it could be quite important change, we could end up with something major, we should definitely consider that as a reality. I know that it may not be all that simple, but it may end up with something decent eventually.

I hope that we could arrange something that may get a good result. We should hope to see some changes here and there during March, a little bit of correction because it has gone up so much, but after that we may even see it do a lot better eventually as well.

Once the price pump hit $64k, we saw a pretty big dump as well where the low was $58,700 in TF 1H. I think this is a common case that happens in the market to test the psychology of new investors or traders, of course because I also see panic among them. This is a bit of a bummer because I thought we would settle above $63k for the end of the month, but the fact is that the correction continues to test its new support.

I'm waiting for a recovery after the high volatility of the past day, but I don't think $69k will be reached soon after today. People probably waited too long for this kind of momentum and they tried to get out for a while before finally coming back.

[bbc.reporter]

Well, we said it will be up... and it's up! . I believe that we are going to see it go up a bit more maybe, but the month will end up around these prices on the last days. The real thing is, how would March look based on February? I feel like it looks like it could be quite important change, we could end up with something major, we should definitely consider that as a reality. I know that it may not be all that simple, but it may end up with something decent eventually.

I hope that we could arrange something that may get a good result. We should hope to see some changes here and there during March, a little bit of correction because it has gone up so much, but after that we may even see it do a lot better eventually as well.

Hehehee agreed! What did we do to be deserving for a very early bull market? Thank you new mayor of bitcoin! You are making the dreams of many people in this form become true hehehee.

Also, have you heard the latest news update? According to this article Morgan Stanley will begin offering bitcoin ETF to their customers. Do you also remember Vanguard the investment company that delisted their futures ETF and removed their spot ETF application? I predict they will admit their mistake and begin offering the spot ETF on 2025 hehheheheee.



$1.3 trillion asset manager Morgan Stanley is reportedly looking into adding a Spot Bitcoin ETF to its brokerage platform. Indeed, the firm is considering the possibility of adding the investment vehicle to its broker-dealer offerings, according to a recent CoinDesk report.

Source https://twitter.com/WatcherGuru/status/1762926898223497403