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Question: Will BTC close above 75k this month?
Yes - 23 (74.2%)
No - 8 (25.8%)
Total Voters: 31

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Author Topic: BTC Sentiment Poll for April  (Read 1044 times)
tokeweed (OP)
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April 03, 2024, 01:22:59 PM
Merited by Zaguru12 (1)
 #1

Sorry for getting this a tad late.  I went on a little trip and had some fun with some friends for a couple of days.  But yeah...  Here's a really easy one...  'Will BTC close above 75k this month?'.

That's like a tad under 10k from where the price is now.  But you tell me.  How do you feel about it?  I think it could cross above it easy after the halving.  But sometimes we just don't know with these things.  So let's see those votes.

Here's the monthly chart.  It looks reeeaaally good.


R


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April 03, 2024, 02:04:12 PM
Merited by tokeweed (1)
 #2

Sorry for getting this a tad late.  I went on a little trip and had some fun with some friends for a couple of days.  But yeah...  Here's a really easy one...  'Will BTC close above 75k this month?'.
It's okay to be late in making this post because usually every 1st you always make a poll for BTC sentiment. When you can't see the 2nd, where is the tokeweed?
Have a nice little trip.

That's like a tad under 10k from where the price is now.  But you tell me.  How do you feel about it?  I think it could cross above it easy after the halving.  But sometimes we just don't know with these things.  So let's see those votes.

Here's the monthly chart.  It looks reeeaaally good.
There are no excessive feelings towards the market price of Bitcoin even though it has experienced a decline of up to 5% from the price of 70K.
The resulting downturn could be a boon that investors looking to add Bitcoin to their portfolio won't want to miss.

The monthly graph of the picture display is still good, but don't know what will happen this April.
If it's still in a downturn, I just hope it's not too deep.

R


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April 03, 2024, 03:41:55 PM
Merited by tokeweed (1)
 #3

Sorry for getting this a tad late.  I went on a little trip and had some fun with some friends for a couple of days.  But yeah...  Here's a really easy one...  'Will BTC close above 75k this month?'.

I actually did check the speculation board thinking I was one that missed the notification for it. You would have been penalized for been late but your excuse is worth the pardon, it’s good to sometimes have fun most especially with close friends, it helps one whine down the stress from all this.

  Here's a really easy one...  'Will BTC close above 75k this month?'.

That's like a tad under 10k from where the price is now.  But you tell me.  How do you feel about it?  I think it could cross above it easy after the halving.  But sometimes we just don't know with these things.  So let's see those votes.

Here's the monthly chart.  It looks reeeaaally good.

My sentiments wouldn’t be that a bit off from that of last month’s own. I was hoping we could actually break the current ATH of $73k but we didn’t and the month closed at $71k. With the start of this month opening at price, base on my technical analysis using the one month time frame I predict this monthly candle would have to fill the left liquidity at the bottom something around $61k or below (because of the FVG there) and then the market might rally up to take out the current ATH. All these are subjected to some fundamental changes like FOMC news and the rest. So my support is $60k and resistance is $75k

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April 03, 2024, 03:51:02 PM
Merited by tokeweed (1)
 #4

After so many months of gains in a row (setting a new record) I think the market might benefit from a breather here.  Sure, it's the halving month so that might seem crazy...  I don't think so though.  I think we're going to be seeing a lot of panic from newbies as well as a lot of profit taking from wall street that will result in a difficult month for BTC.  It'll of course be temporary, but there's no denying we'll have some selling pressure.  The block reward is getting so low though, it won't last long.  We're due for new record highs and price discovery, I just think we're a few months away still.

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April 03, 2024, 04:06:00 PM
Merited by tokeweed (1)
 #5

We can't predict what price level bitcoin will finish it pre halving period with because at the moment bitcoin did alot of massive bull movement which naturally need some time to cool off and build liquidity for the next phase of things, we'll when bitcoin did it last all time high,  the timing was cl8se to halving and also with the bitcoin ETF effect we may likely see some price tendency that will be far different from what we hard in previous years all time high.
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April 03, 2024, 05:03:28 PM
Merited by tokeweed (1)
 #6

I see bitcoin even going above $75,000 before the end of April; it might not settle in that place, but it's certain that it can click $75,000.
 
The price has been declining over the past few days, which brought it down below $70,000, but that's nothing if bitcoin wants to push up 1 hour, which is even too much for it to add $10,000 to its current market price. 
 
Unless a great disaster that can create a price drop happens—i.e., the kind of news that puts fear on some holders bodies and they will start to panic sell—this is the only thing that I see that can delay bitcoin from reaching $75,000 before the end of the month.

R


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April 03, 2024, 06:16:24 PM
Merited by tokeweed (1)
 #7

The graph is good because it could be the potential for the best achievement in Bitcoin price history.
This April, my sentiments may not be much different from March. The difference lies in price speculation close to the halving that is expected to occur this month.
75,000 USD I would want ahead of the halving to look and feel 100,000 USD.

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April 03, 2024, 06:25:45 PM
Merited by tokeweed (1)
 #8

6 consecutive months of all-green candles.
I'm thinking that this time, we might see Bitcoin ending the month with a red candle.

Don't get me wrong though. I believe that at some point this year, we will see at least 1 or 2 red candles before a series of green candles that will trigger the bull run. We will see Bitcoin's price going sideways first for the next 1 to 2 months before going up significantly. That's what happened in it's previous halving event in 2020. Bitcoin went sideways, there are times where it went down if you will look at the monthly chart but in the long run, we will see Bitcoin's price going up.

As much as I want to be optimistic for the month of April, I believe that the event will have little to no effect towards the price of Bitcoin at least in the short run. The effect will be felt months after.

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April 03, 2024, 06:44:04 PM
Merited by tokeweed (1)
 #9

I have mixed opinion this time as halving will occur this month and we have already seen some price fluctuations thought not a huge but still this is enough to create panic for new ones. I am bullish on Bitcoin up until end of the year 2025 but at the moment I feel market may go down and recover it won't be a flat upward trend rather fluctuating one but moving towards upwards.









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April 03, 2024, 06:46:24 PM
Merited by tokeweed (1)
 #10

i think the month of April will still be green. the price is just dumping but eventually, either in the last week or in mid-month the price will start climbing again making the candle green. the price may just be 70K most probably. this is going to scare the hodlers though, there's too much hopeful who have yet sold and i i'm guess the price will touch 62k before going up again.

and then in May, it will be the same situation again for a few weeks until the supply will obviously make the miners sell for a higher price.









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April 03, 2024, 06:55:17 PM
Merited by tokeweed (1)
 #11

April is the halving moment which should be a nice green candle but I can't predict closer to $75K this month due to the negative sentiment at the beginning of the month by the US government transferring confiscated bitcoins to Coinbase this will create panic.

Surprises always come whenever it is worth it in February where we could not think bitcoin would go to $60K at the end of that month but it did, so maybe April will be a good moment again where the halving is complete then positive sentiment will definitely appear again.

I honestly expected $75K to pass easily even though it is now 10K behind.

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April 03, 2024, 07:19:54 PM
Merited by tokeweed (1)
 #12

Trying to predict Bitcoin's price movements is kinda like playing the lottery  Wink

The halving moment coming up seems like it could send Bitcoin over $75k based on past patterns. 10k needed to get there is nothing. So I voted - Yes. But ultimately, it's anyone's guess.  I'll say Bitcoin hitting $100k by the end of 2024 wouldnt shock me.  Though with Bitcoin (and crypto in general) not much does anymore!

R


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April 03, 2024, 08:03:45 PM
Merited by tokeweed (1)
 #13

Will BTC close above 75k this month?

My answer is yes, Bitcoin will be above 75k this month if we refer to patterns that have occurred before according to searches I have found through various readings.
Halving will be a kind of determinant behind the yes I say to answer the poll question.

If 100k is the target for the all-time high in 2024, then above 75k is very likely to be the cover this month.
The problem is how strong people are in surviving a phase like this because the decline that occurred at the beginning of this month alone can make people worried, although I don't dare guarantee that is what most people experience, but I suspect there is concern about the price decline that occurred from 73k.

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April 03, 2024, 08:57:35 PM
Merited by tokeweed (1)
 #14

Sorry for getting this a tad late.  I went on a little trip and had some fun with some friends for a couple of days.  But yeah...  Here's a really easy one...  'Will BTC close above 75k this month?'.

That's like a tad under 10k from where the price is now.  But you tell me.  How do you feel about it?  I think it could cross above it easy after the halving.  But sometimes we just don't know with these things.  So let's see those votes.

Here's the monthly chart.  It looks reeeaaally good.

Just any other months and upcoming ones, then i do make myself just that go along on whatever prices that we would really be able to see in every month which is upcoming. Dont stress yourself on where it would really be ending up. The important thing on here is that you do really know on what to do just incase if the price would really be going down. DCA would really be always the key because the main priority that we do have in mind
on the time that you do see those kind of opportunities on which we know that this market does have that chances because market cant really just that moving up forever. There would really be those drops and corrections on which it would really be just that so normal that having those kind of movements and instead of freaking out, it would really be better to take up chances for you to dive in with those opportunities to buy more.
Market sentiment for this month of April would really be something wild or would be tons of speculations considering that this is the month on where Bitcoin halving would happen.

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April 03, 2024, 08:59:18 PM
Merited by tokeweed (1)
 #15

I'd go with no. Probably. With how much the boat has turned and rowed the past month, I think the market would probably see some sort of stability for now with $70k, maybe even $60 or $65k if it goes down as the base The halving itself wouldn't have much of an effect immediately on the day it happens afaik so I reckon we wouldn't see any big waves, at least going up.

Going down though, looks completely possible (and I'm more inclined to it happening really) but we probably wouldn't see a massive dump. Just a sway to steady things out.

R


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April 03, 2024, 09:39:43 PM
Merited by tokeweed (1)
 #16

It’s halving month and the usual trend is correction during the halving period which is already happening. I can’t see Bitcoin at the price of $75k this month, though it can still be change and we might see some improvements but to be more safe better not to expect that much because this market is really unpredictable.

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April 03, 2024, 10:01:15 PM
Merited by tokeweed (1)
 #17

It’s halving month and the usual trend is correction during the halving period which is already happening. I can’t see Bitcoin at the price of $75k this month, though it can still be change and we might see some improvements but to be more safe better not to expect that much because this market is really unpredictable.
I also think that April is going to be a quiet month for bitcoin, the growth we experimented for the past months was great, but it is precisely because of that previous growth that I think it could be difficult for bitcoin to present a positive movement here, as I suppose there are many newcomers buying bitcoin right now that are expecting for the price to keep going up, and a small correction is all what it could take for whales to trick them into selling and then buying their coins for a nice discount.

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April 03, 2024, 10:33:37 PM
Merited by tokeweed (1)
 #18

Sorry for getting this a tad late.  I went on a little trip and had some fun with some friends for a couple of days.  But yeah...  Here's a really easy one...  'Will BTC close above 75k this month?'.

That's like a tad under 10k from where the price is now.  But you tell me.  How do you feel about it?  I think it could cross above it easy after the halving.  But sometimes we just don't know with these things.  So let's see those votes.

Here's the monthly chart.  It looks reeeaaally good.



Since the Bitcoin market is bearish, the market does not always go up, but it also goes down. We saw the market rally a few days ago when the Bitcoin market touched $73,000 just before April. But at present, since the market will move down a little before the month of April is half now, we must accept that because the Halving Correction is going on at the moment, the market has been dumped a BTC. However, the Bitcoin halving is only a few days away so when it halves, the market will definitely enter higher and many predict it could touch $80,000. And I think there is definitely a chance for the Bitcoin market to touch $80k before the halving. As the Bitcoin market charts are currently looking good, it looks like there will be a quick Bitcoin market reversal, and it will enter the all-time high before the half.

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April 04, 2024, 03:46:43 AM
Merited by tokeweed (1)
 #19

I think we might end April around the same price as we are now.

Reasons being is that the Justice Department has sent $2B to coinbase most likely to sell. Even if it’s auctioned off, it would still have some sell pressure.

Also the flows are starting to slow down. We used to get $500M a day but now we are down to $100M, and most of that is because the GBTC flows are much lower. They are $100M daily increase of the $300-500M. So this is slightly concerning.

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April 04, 2024, 07:29:58 AM
Merited by tokeweed (1)
 #20

We got a few days to consider I presume, right now I'am looking for BTC to make a higher low.  We're in the region of the 50 day average finally, went sideways so long its caught up so I want to see another push upwards from here.

Gold moved 10% since March start so all things are possible, despite higher rates things can react with Dollar index above 100 anyway.  Thats because what anyone in politics or finance might say the Dollar is not a strong currency, its still an easy money policy despite the higher rate.    Its very hard to hold a hard standard on money as it means rates above inflation but I dont think they are hence inverse measures such as BTC can continue to do well.

Halvening is this month but even if it wasnt this year even I would say we remain bullish till proven otherwise.   I'll cast a vote when some action happens this week possibly or guess even if it doesnt but I think we can have continue to cycle upwards rather then reset especially.

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