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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 1079 times)
tokeweed (OP)
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April 03, 2024, 01:22:59 PM
Last edit: May 02, 2024, 12:41:30 PM by tokeweed
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.

R


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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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April 04, 2024, 09:09:13 AM
 #21

Regardless of what is happening, I still expect and believe that bitcoin will continue to increase in price before and after the halving, meaning I remain bullish this April.

In just the first 4 days of April, we witnessed a decline in bitcoin, many people began to become pessimistic and thought that the bull season would soon end. But to me, this is a healthy and necessary adjustment to create stronger growth momentum. It is not yet time for the market to fall sharply again, bitcoin will rise from here and touch $80k before a sharp decline.

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April 04, 2024, 09:53:43 AM
 #22

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 this Poll about monthly bitcoin price that I have second thought because lets admit that things changes since the approval of ETF and the market is keep going crazy here , but I voted for 75k breaking though Not sure if this will happen this month or maybe in early May next month.









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April 04, 2024, 10:43:05 AM
 #23

From yesterday when this post was made to today, bitcoin has gone from 65k to 66k, back to 65k again and now it's at 66k again.
If the halving has an immediate effect on the price then I believe BTC will get to 75k this month or somewhere close to that number. What I'm sure of is that Bitcoin price will hit $70k this month.

Reading the comments, I saw that some people believed we would end the month with the same range of price it is now, I don't agree with that. I know that the price has gone down to 66l from the 70k it was at the beginning of the month, but that doesn't it will remain so till the end. We've already seen that the price is rising, slowly though, but still rising. Bitcoin rising an extra 4k into 70k is not ridiculous.

R


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April 04, 2024, 01:01:08 PM
 #24

Regardless of what is happening, I still expect and believe that bitcoin will continue to increase in price before and after the halving, meaning I remain bullish this April.

In just the first 4 days of April, we witnessed a decline in bitcoin, many people began to become pessimistic and thought that the bull season would soon end. But to me, this is a healthy and necessary adjustment to create stronger growth momentum. It is not yet time for the market to fall sharply again, bitcoin will rise from here and touch $80k before a sharp decline.

I'm with you but only because I'm looking purely at the chart and I'm not considering anything else but price action.  The daily chart still looks good imho even though it hasn't been able to break above around 73.7k USD since it hit that last month.  Weekly and monthly charts look a lot better and the red candle is really looking like just another normal correction.  Again imho.

And with the news of 2 billion USD worth of BTC to be sold, shouldn't everybody start selling down their bags by now?  If anything I think it's good news for the guys who are sidelined rn.

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April 04, 2024, 01:32:03 PM
 #25

From yesterday when this post was made to today, bitcoin has gone from 65k to 66k, back to 65k again and now it's at 66k again.
If the halving has an immediate effect on the price then I believe BTC will get to 75k this month or somewhere close to that number. What I'm sure of is that Bitcoin price will hit $70k this month.

Reading the comments, I saw that some people believed we would end the month with the same range of price it is now, I don't agree with that. I know that the price has gone down to 66l from the 70k it was at the beginning of the month, but that doesn't it will remain so till the end. We've already seen that the price is rising, slowly though, but still rising. Bitcoin rising an extra 4k into 70k is not ridiculous.

I like everyone else, am optimistic about bitcoin's growth, but to be as certain as you, I wouldn't dare because we have nothing to guarantee it.

If you think bitcoin can increase by $4k to reach $70k, then you should not rule out the possibility of bitcoin falling by $4k to reach $60k , any scenario is possible. But as investors and holders of bitcoin, we should expect that bitcoin will perform better as the halving event approaches. But I'm also a bit worried when everyone is optimistic and believes bitcoin will increase because the market often goes against the majority, LOL.

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April 04, 2024, 02:20:59 PM
 #26

 We are optimistic that price will climb higher this month since it's the halving period but I'm also of the mind that it could take a surprise turn and instead of heading for $75-80k, may not even cross the $73k threshold. Reason being that when price was around $55k or there about, no one expected the sharp upward move to $71k were it surpassed 2021 ATH, so there's also the possibility that it can surprise us again, albeit not to the heights we're are expecting.

R


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April 04, 2024, 04:50:14 PM
 #27

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.



The pace of Bitcoin's market run today seems to be very fast Bitcoin will hit $80-82k plus before and during the halving in April. Because we saw the Bitcoin market peaked in March 2024 when its price touched $73,000 ATH. Accordingly we can say that since the month of April will be half of Bitcoin, the price of Bitcoin is set to increase further which we can expect above $80k dollars. Although Bitcoin has a long way to go to enter the $80,000 market, it is possible that the current market conditions are very good, so the market will grow rapidly.

However after the halving is crossed in this situation then it is only I think that the demand for Bitcoin will increase due to which the value of Bitcoin will continue to increase. Since the Bitcoin halving is not long enough, investors will tend to buy more Bitcoin and the value of Bitcoin will continue to rise. As Bitcoin candlesticks are currently very green and it looks like we may reach this position very soon.

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April 04, 2024, 05:33:09 PM
 #28

We are optimistic that price will climb higher this month since it's the halving period but I'm also of the mind that it could take a surprise turn and instead of heading for $75-80k, may not even cross the $73k threshold. Reason being that when price was around $55k or there about, no one expected the sharp upward move to $71k were it surpassed 2021 ATH, so there's also the possibility that it can surprise us again, albeit not to the heights we're are expecting.
Maybe also more than what we wanted/predicted.
It is very likely that this month there will be an increase after the halving but I don't think it will go as many people want, because at the end of last month we just saw a drastic increase and now at the beginning of April we see a slight price correction and that it is also possible to continue to occur throughout this month.
Halving in the middle of the month and after the halving does not guarantee that there will be an increase quickly so for this month I am a little pessimistic

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April 04, 2024, 06:22:38 PM
 #29

If you think Bitcoin can increase by $4k to reach $70k, then you should not rule out the possibility of Bitcoin falling by $4k to reach $60k , any scenario is possible. But as investors and holders of bitcoin, we should expect that bitcoin will perform better as the halving event approaches.

I get where you're coming from but the only reason I'm so optimistic is because not only are we in a bull season, but halving is speculated to be a couple of weeks. Surely you know BTC would go higher because of the halving. That's why I said if the halving will have an immediate impact, then it would get to $75k this month, but if it won't, then I believe it will be somewhere around the $70k region. That's actually not a very ridiculous speculation, is it?  Grin

But I'm also a bit worried when everyone is optimistic and believes Bitcoin will increase because the market often goes against the majority, LOL.

Not always though. It's not every time that bitcoin goes against the majority. The majority thought spot wtf would have a positive effect on bitcoin price and it did. The majority believe the halving will have a positive effect on Bitcoin and we've already started seeing the signs.
I'm not usually this sure and optimistic about bitcoin price but recently, I've been pretty optimistic and bullish in my speculation.

R


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April 04, 2024, 07:20:23 PM
 #30

We are optimistic that price will climb higher this month since it's the halving period but I'm also of the mind that it could take a surprise turn and instead of heading for $75-80k, may not even cross the $73k threshold. Reason being that when price was around $55k or there about, no one expected the sharp upward move to $71k were it surpassed 2021 ATH, so there's also the possibility that it can surprise us again, albeit not to the heights we're are expecting.
Maybe also more than what we wanted/predicted.
It is very likely that this month there will be an increase after the halving but I don't think it will go as many people want, because at the end of last month we just saw a drastic increase and now at the beginning of April we see a slight price correction and that it is also possible to continue to occur throughout this month.
Halving in the middle of the month and after the halving does not guarantee that there will be an increase quickly so for this month I am a little pessimistic
I do rather see some correction which is maybe below on 60k point, not unless if there would really be some sort build of hype which it could really be possibly be mold up on this current point.
So it would really be that hard for us to tell on what would really be happening because it could neither be a pump or dump. We've seen the current price is really that currently holding up strong on 60k above price point
on which it is really that making out some consolidation with this kind of movement then it would really be so hard to tell on where it could possibly go when halving happens.
One thing for sure that the interest and hype could be possibly build up on this moment specially into those people or investors who had been able to experience it for their first time.  Smiley

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April 04, 2024, 07:46:44 PM
 #31

I do rather see some correction which is maybe below on 60k point, not unless if there would really be some sort build of hype which it could really be possibly be mold up on this current point

Personally I think that $61k is still a safe area, but $59k (not a wick but a real daily close) would be considered breaking market structure.
What we're experiencing now with these 10% dips is just leverage flushing which is really profitable since bitcoin lacks liquidity and you can manipulate the price 5% up and down with ease when compared to real stocks or commodities so this is still bull market despite 10% corrections. On the other hand $55k or something like that would require more than liquidations. Most people would get liquidated already at 62k so to break that barrier and go to 58k we'd need a major FUD event comparable to Chinese mining ban, FTX collapse, or US covid lockdown. It's possible but what are the chances?
IMO we have another pump coming. Maybe in April, maybe in June, but it's coming and it's going to break $74k. Halving is not yet priced in.

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April 04, 2024, 07:59:33 PM
 #32

After the issue of bitcoin's decline, it crawled back to $69K, which is clearly closer to the upside, although the news that the government sold bitcoin to Coinbase is only a temporary panic, while the market again shows that it will soon recover to $70K, not impossible to $75K, because this is a period that many are waiting for - HALVING.

I vote for a vote to $75K this month.
It is clear that there are more positive issues later because we know bitcoin will not fall worse after yesterday's correction, this is not speculation that will be appropriate because for me bitcoin will not falter in a continuous decline.
It could be that $80K is passed this month.

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April 04, 2024, 08:10:59 PM
 #33

I'm with you but only because I'm looking purely at the chart and I'm not considering anything else but price action.  The daily chart still looks good imho even though it hasn't been able to break above around 73.7k USD since it hit that last month.  Weekly and monthly charts look a lot better and the red candle is really looking like just another normal correction.  Again imho.

And with the news of 2 billion USD worth of BTC to be sold, shouldn't everybody start selling down their bags by now?  If anything I think it's good news for the guys who are sidelined rn.
Its bad news after US government sold of 2 billion USDT worth of bitcoin currently and make bitcoin price dropping drastically after raising new ATH price, seems in April still correction moment with bitcoin difficult raise up back above $70k behind halving two weeks left.
I don't know how potential for April will bitcoin going back higher price or any bitcoin amount will sold any more behind US government still hold many bitcoin freeze from illegal activities.
Today bitcoin look better after raising up few percent, but raise to $70k still need more longer time and will April become moment for bitcoin going back to higher price or we are facing another correction moment again after last month bitcoin get large amount of correction dropping from $73 to $65k.

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April 04, 2024, 08:23:57 PM
 #34

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?'.
Lol, I was just wondering what happened and missing your thread about monthly sentiments,  Grin

Its bad news after US government sold of 2 billion USDT worth of bitcoin currently and make bitcoin price dropping drastically after raising new ATH price, seems in April still correction moment with bitcoin difficult raise up back above $70k behind halving two weeks left.
I don't know how potential for April will bitcoin going back higher price or any bitcoin amount will sold any more behind US government still hold many bitcoin freeze from illegal activities.
I wouldn't say that it is a bad news, they will have to dump it sooner or later, and it's good that they did it today or at least prior to the halving. Maybe they know this, as the dump will affect the price if we are in the bull run post halving.

Today bitcoin look better after raising up few percent, but raise to $70k still need more longer time and will April become moment for bitcoin going back to higher price or we are facing another correction moment again after last month bitcoin get large amount of correction dropping from $73 to $65k.
Yes, prices looks good so I think as we have bounce back already. But I voted No, most likely we will be around $73k or close to it at the end of the month. Probably this is the last correction, but investors won't have to push it above $75k.

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April 04, 2024, 08:58:36 PM
 #35

This is a nice prediction reaching $75k at the end is possible and it is not possible in the sense that the price now is $65+k to $70+k in the fluctuating market and the halving is here and in the halving the price of bitcoin will reduce to and the demand will be high and the supply will be limited to regulate the mining process and after then the mining window will be open then mining continue and we don't know how long the halving will last and it will start from the 23rd of April. And before the halving will end probably we have enter into another months ending and prepare to start another bull market again in this year.

And it is possible because we don't know what price will enter the halving and if the price is $73+ and above in the halving then we should have the hope that it might hit the op prediction price at the end of the month.









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April 04, 2024, 09:44:12 PM
 #36

From my chart analysis $71k is a strong resistance zone, that price might not break, price is fluctuating within the $65k support. I would like to see price test $70k and drop to range between $60-$70k this month.

Fundamentally Buyers can decide to absorb sellers by pushing the price upward to grab liquidity before any drop in respect to halving.

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April 04, 2024, 10:07:14 PM
 #37

I think that a time between $75k-$78k is a normal thing that can happen, however things are very confusing, I would say that a path to reach $75k at this moment is more likely than Anything, Of course this is what I see, I can only guess what can happen, but the market at any moment can give a pleasant surprise, not Everyone is waiting for the market at $100k , some are Waiting for the market to reach $95k to sell and forget, but I consider that this is a very extreme decision, it is preferable to wait for the market to rise more than $100k, which for me is something very possible, for the rest everyone can make their best prediction, but for these two months If it reaches $75k I think many will be pleased and comfortable, but that is not my amount to sell.

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April 04, 2024, 11:22:19 PM
 #38

Market has behaved positively right upto meeting the old ATH level and the observation we have to make now is strength vs that level.  Finding the ATH price as resistance does show weakness imo because that resistance isnt a massively strong level from what I can see its just the old peak point.

The alternate is the lows near the 50 day average, Im not thinking we lose that measure and fall below the 50 day moving average but high or low its noticing how well the BTC price action deals with these levels.  Hopefully we get a definitive indication of strength and can better guess April direction, for the moment we are sideways balanced  or at least in a cycled range.

69k - 62k  in brief, I want to see a break of that boxed in price.    I cant guess (currently) on a ping pong trajectory tbh.

I very much prefer simplicity, I edit in a simple idea.   I realize we have traded outside this box but the majority of trading for over a month now has been confined here.  I'd much prefer to choose a direction or estimate a price target once we break this area either up or down.   Until we break I presume we repeat, like any trend dont bet against it is I guess for the best.


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April 04, 2024, 11:31:28 PM
 #39

With the market trending upward, it is difficult to predict what will happen after the halving. There is a possibility that the price could increase to around $72k or it could drop to $60k. I don't expect the halving to make a huge leap, but then again, nothing is certain when it comes to the world of cryptocurrency. To be a little honest, I still like a possible 10-15% price adjustment, but perhaps the option is less likely compared to the short-term price frame at this time.









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April 05, 2024, 07:19:25 AM
 #40


Maybe also more than what we wanted/predicted.
It is very likely that this month there will be an increase after the halving but I don't think it will go as many people want, because at the end of last month we just saw a drastic increase and now at the beginning of April we see a slight price correction and that it is also possible to continue to occur throughout this month.
Halving in the middle of the month and after the halving does not guarantee that there will be an increase quickly so for this month I am a little pessimistic
Bitcoin is really unpredictable at the moment and investors are sort of lax, not being in a hurry to add more to their holdings and I won't blame them too. I'm still of the mind that we may be graced with a not so impressive amount this halving period. Although these halving periods have a pattern which we are currently experiencing; a substantial rally when the halving gets close, then a brief price correction before we see a major bull run, this has been characteristic of the Bitcoin halvings but what if this year, nothing impressive happens?

R


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April 05, 2024, 07:58:28 AM
 #41

Regardless of what is happening, I still expect and believe that bitcoin will continue to increase in price before and after the halving, meaning I remain bullish this April.

In just the first 4 days of April, we witnessed a decline in bitcoin, many people began to become pessimistic and thought that the bull season would soon end. But to me, this is a healthy and necessary adjustment to create stronger growth momentum. It is not yet time for the market to fall sharply again, bitcoin will rise from here and touch $80k before a sharp decline.

I'm with you but only because I'm looking purely at the chart and I'm not considering anything else but price action.  The daily chart still looks good imho even though it hasn't been able to break above around 73.7k USD since it hit that last month.  Weekly and monthly charts look a lot better and the red candle is really looking like just another normal correction.  Again imho.

And with the news of 2 billion USD worth of BTC to be sold, shouldn't everybody start selling down their bags by now?  If anything I think it's good news for the guys who are sidelined rn.

I'm not very good at technical analysis but I also understand a little that there's still nothing too bad when looking at bitcoin's H4, daily, weekly... charts, but I also rely on a number of other factors. Besides the information that 2 billion BTC will be sold causing panic in the market, at the same time, for 3 consecutive days, Tether printed 3 billion USDT. This means that what is happening is just intentional FUD creation to weed out weak hands, and USDT printing to continue accumulating more BTC from larger players. If you pay attention, every time USDT is printed on the market, there will be an adjustment in the market and for me this adjustment is for someone to accumulate BTC.

And usually after they accumulate enough BTC, the market will definitely recover and increase in price very strongly. Let's wait and see: in April will see a very strong price increase, possibly even up to $85k.

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April 05, 2024, 08:16:06 AM
 #42

It is highly likely that the price of Bitcoin will fall in April, as the halving period will surely give all investors an opportunity to invest if the price of Bitcoin is under the control of investors. That's why Bitcoin prices are showing signs of a bit lower at the moment, so this opportunity is definitely worth investing in. Those looking forward to the bull market of 2025 should invest now. Because the price of Bitcoin is sure to increase again and again.

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April 05, 2024, 10:29:29 AM
 #43

I voted for yes since I still feel that the market is greedy and so with that kind of sentiments, they will still go and buy regardless of the price. And as we near bitcoin halving, it only make sense that we should still hoard and accumulate as much as we can in preparation for the biggest bull run that we will see in our young history. So it's not that bad to be greedy this month and just be ready. And the bulls could have just taking a momentary rest before they can make a round and push above $70k and then goes after the next biggest mental barrier of $75k before the end of the month.

R


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April 05, 2024, 11:21:57 AM
 #44

It is highly likely that the price of Bitcoin will fall in April, as the halving period will surely give all investors an opportunity to invest if the price of Bitcoin is under the control of investors. That's why Bitcoin prices are showing signs of a bit lower at the moment, so this opportunity is definitely worth investing in. Those looking forward to the bull market of 2025 should invest now. Because the price of Bitcoin is sure to increase again and again.


There is no connection between the bitcoin correction in recent days and the halving. Not only you but many other people are also thinking that this April bitcoin will decrease, you are starting to be negative because of the correction of bitcoin in recent days for no good reason. But if you evaluate the movement of bitcoin using technical analysis and macro factors, you will see that the main trend of bitcoin and the market is still uptrend.

But you're right, the falling price of bitcoin is an opportunity for those who haven't bought too much bitcoin to buy a little cheaper. So take advantage when bitcoin prices drop and don't bargain too much because bitcoin is unpredictable.

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April 05, 2024, 01:11:15 PM
 #45

If you think Bitcoin can increase by $4k to reach $70k, then you should not rule out the possibility of Bitcoin falling by $4k to reach $60k , any scenario is possible. But as investors and holders of bitcoin, we should expect that bitcoin will perform better as the halving event approaches.

I get where you're coming from but the only reason I'm so optimistic is because not only are we in a bull season, but halving is speculated to be a couple of weeks. Surely you know BTC would go higher because of the halving. That's why I said if the halving will have an immediate impact, then it would get to $75k this month, but if it won't, then I believe it will be somewhere around the $70k region. That's actually not a very ridiculous speculation, is it?  Grin

But I'm also a bit worried when everyone is optimistic and believes Bitcoin will increase because the market often goes against the majority, LOL.

Not always though. It's not every time that bitcoin goes against the majority. The majority thought spot wtf would have a positive effect on bitcoin price and it did. The majority believe the halving will have a positive effect on Bitcoin and we've already started seeing the signs.
I'm not usually this sure and optimistic about bitcoin price but recently, I've been pretty optimistic and bullish in my speculation.


To be honest , I also hope and want bitcoin to recover and go higher in price because that will give me better returns . But I won't be too subjective and will be a little more careful because as I said, the more people expect bitcoin to increase in price, the more bitcoin can go against what people think. In addition, based on the history and impact of the halving, we will only enter the bull season after 6-1year after the halving takes place , not immediately .


Yes, bitcoin is unpredictable and this is a financial market where there will be winners and losers and the number of losers is much higher so we need to be alert and not be too subjective .

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April 05, 2024, 01:20:24 PM
 #46

Regardless of what is happening, I still expect and believe that bitcoin will continue to increase in price before and after the halving, meaning I remain bullish this April.

In just the first 4 days of April, we witnessed a decline in bitcoin, many people began to become pessimistic and thought that the bull season would soon end. But to me, this is a healthy and necessary adjustment to create stronger growth momentum. It is not yet time for the market to fall sharply again, bitcoin will rise from here and touch $80k before a sharp decline.
I'm with you but only because I'm looking purely at the chart and I'm not considering anything else but price action.  The daily chart still looks good imho even though it hasn't been able to break above around 73.7k USD since it hit that last month.  Weekly and monthly charts look a lot better and the red candle is really looking like just another normal correction.  Again imho.

And with the news of 2 billion USD worth of BTC to be sold, shouldn't everybody start selling down their bags by now?  If anything I think it's good news for the guys who are sidelined rn.
Charts can tell a story, but the real story is that halving is coming up soon, and we should be considering the possibility of a big increase after that one. I believe that 75k+ should be possible all thanks to halving coming up, that will definitely make it more interesting and people should consider that as a great way to make money as well.

I am not saying that it is going to be all that interesting, there will be situations where it won't be that profitable, but we could make some money from it without a doubt. So that is why I am invested and will probably keep my investments as possible as it gets. Shouldn't be a problem where it is going to take some time to get ahead of the world, just let it sit for a while and it will go up.

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April 05, 2024, 11:31:05 PM
 #47

Bitcoin should have easily closed above $75K before now but the auction and selling of the illegal BTC acquired by the government and some negative news are what is causing the current bearish we're seeing in the market lately.
Nevertheless, it is just creating the chance of buying the dip before the major market break out which will be caused by the BTC halving.
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April 05, 2024, 11:42:05 PM
 #48

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.


I voted for bitcoin to go to $75k in my poll. I believe Bitcoin will reach $75k by April. Our Bitcoin Halving is only a few days away. Probably before bitcoin halving the price of bitcoin will rise and touch $75k but after bitcoin halving the market will dump a bit. But I can't technically make predictions, so I'm not saying anything for sure here, but I'm expressing my opinion. It is best to express one's personal opinion. Let's see whose opinion and voting is correct here.

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April 06, 2024, 11:26:58 AM
 #49

^^ That will be another great leap for us if we see Bitcoin getting into $75k, and if we unlock that, it's really hard to imagine what will be the bull run is going to be. We've seen threads like $190k at the top price and there are some who think that $200k is also possible.

Hopefully you are correct with that chart and prediction. Who wouldn't like to see $75k? But still depends on the whales or what retails think. I mean if we pour our money here and take advantage while we are still a couple of days from halving then good. But if we wanted to see what will happen during and post halving and see everything first then we might be stuck at this price levels.
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April 06, 2024, 12:37:35 PM
 #50

“Buy rumors, sell news” I still believe in this saying and still believe it will be used again. I mean bitcoin will continue to rise and reach ATH this month before and after the halving. The story of halving is similar to the story of ETFs, which will be used by market makers to create attractive stories that create excitement for investors. And to be able to create excitement and Fomo in the market, pumping bitcoin is necessary, so it is certain that next week we will soon see bitcoin prices increase and some POW projects will also increase.

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April 06, 2024, 01:02:12 PM
 #51

“Buy rumors, sell news” I still believe in this saying and still believe it will be used again. I mean bitcoin will continue to rise and reach ATH this month before and after the halving. The story of halving is similar to the story of ETFs, which will be used by market makers to create attractive stories that create excitement for investors. And to be able to create excitement and Fomo in the market, pumping bitcoin is necessary, so it is certain that next week we will soon see bitcoin prices increase and some POW projects will also increase.
if buy rumour and sell news holds true in this bullrun then don't expect big thing to occur when halving arrive, just like halving before probably when halving occur there will be no significant change to the price anyway, people are already buying before halving, no reason to hold off buying until halving arrive since that sounds like utterly pointless from the perspective of an investor.

but the thing that comes after is what matter from previous bullrun chart it shows that after halving the price is climbing, the sentiment is good, the market have more and more demand since halving means rarer bitcoin.
so expect for long term holding for anyone that just invested and barely make any profit, the last big bullrun might come earlier than expected though since we also achieved all time high earlier than we expected many people think previous all time high can be achieved after halving but even before halving we are already achieving it.

therefore be sure to be a diamond hand not paper hand where in every sudden price correction they make cutloss.

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April 06, 2024, 11:52:50 PM
 #52

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.



The month of April will see Bitcoin prices either rise the most, or fall the most. This is because Bitcoin price is more likely to rally after the halving takes place, as Bitcoin price is currently going through a period of volatility. So that was enough opportunity to invest, so I think Bitcoin price will definitely start improving from April onwards if we calculate according to the current price.

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April 07, 2024, 11:43:50 AM
 #53

“Buy rumors, sell news” I still believe in this saying and still believe it will be used again. I mean bitcoin will continue to rise and reach ATH this month before and after the halving. The story of halving is similar to the story of ETFs, which will be used by market makers to create attractive stories that create excitement for investors. And to be able to create excitement and Fomo in the market, pumping bitcoin is necessary, so it is certain that next week we will soon see bitcoin prices increase and some POW projects will also increase.
if buy rumour and sell news holds true in this bullrun then don't expect big thing to occur when halving arrive, just like halving before probably when halving occur there will be no significant change to the price anyway, people are already buying before halving, no reason to hold off buying until halving arrive since that sounds like utterly pointless from the perspective of an investor.

but the thing that comes after is what matter from previous bullrun chart it shows that after halving the price is climbing, the sentiment is good, the market have more and more demand since halving means rarer bitcoin.
so expect for long term holding for anyone that just invested and barely make any profit, the last big bullrun might come earlier than expected though since we also achieved all time high earlier than we expected many people think previous all time high can be achieved after halving but even before halving we are already achieving it.

therefore be sure to be a diamond hand not paper hand where in every sudden price correction they make cutloss.
Do you remember what happened when ETFs were approved? When people expected a big price increase after the ETFs were approved, bitcoin was dumped and if I remember correctly, it fell from $48k to $38k over a period of time. And it takes a while for bitcoin to rally and reach a new ATH of $73K, which is the scenario I'm talking about. I believe that in the next week we will soon see the price of bitcoin increase and there will even be a new ATH before the halving but after the halving, when people continue to be greedy and expect higher prices, bitcoin will be dumped price. Not to mention the curse of May is "sell in May", so I believe that after halving there will be a significant adjustment before bitcoin enters a stronger bullish cycle.


This is the financial market and I only believe in what I see, the movement of the market, I do not believe in stories of scarcity after halving or increased demand while supply decreased...There's nothing wrong with believing that in theory, but that's not how financial markets work.

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April 08, 2024, 10:07:25 AM
 #54

This is the financial market and I only believe in what I see, the movement of the market, I do not believe in stories of scarcity after halving or increased demand while supply decreased...There's nothing wrong with believing that in theory, but that's not how financial markets work.

The way to make money in the financial market is to predict which way the movement would be, isn't it? If your answer is yes, how are you going to make a profit if you don't predict right? Also, what tools do you use to predict?
You said that's not how the financial market works, so how does the financial market work?
Everything works with demand and supply, it's the factors affecting demand and supply that differ. If bitcoin price is falling, it means the demand for bitcoin is dropping. If bitcoin price is increasing, it means the demand for bitcoin is increasing. I know it's more complicated than it sounds, but that's the gist of the whole thing.

You can't predict a financial market without history. History is a big factor in speculation. If you feel they're just stories ask yourself, why does Bitcoin always have a bull run during the halving period?
The financial market is controlled by the players in that market and the players are controlled by factors. Whatever the players do with their investments, reflects on the price of bitcoin.

Comparing the run of BTC in ETF with halving is not exactly accurate. ETF is not as big as halving in the industry. Halving is something that has happened every 4 years since 2012 and each time we have seen a significant rise in the value of bitcoin. So with that history, don't you think there will be more investors and even current investors will want to buy more Bitcoin because they'll make more profit?

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April 08, 2024, 10:44:49 AM
 #55

“Buy rumors, sell news” I still believe in this saying and still believe it will be used again. I mean bitcoin will continue to rise and reach ATH this month before and after the halving. The story of halving is similar to the story of ETFs, which will be used by market makers to create attractive stories that create excitement for investors. And to be able to create excitement and Fomo in the market, pumping bitcoin is necessary, so it is certain that next week we will soon see bitcoin prices increase and some POW projects will also increase.
I don't think though that we need to create news around the block halving, historically it is the impetus for a bull run. Although it started early, we are not yet seeing the full power of the bull run this year. So we should wait for it in the next couple of weeks. And as I have said, no need to sell this news, right now the market is pumping by it's own at $72k and we might see $75k before the halving itself. Investors, whether whales and average joe as trying to accumulate as much as we can before halving. Not sure what you mean by POW projects though. But if you are referring to some old coins, obviously, Bitcoin has a trickle effect to anyone, not as big as what Bitcoin had in the last month or so, but it will have a impact later after the halving itself.

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April 08, 2024, 12:55:26 PM
 #56



Comparing the run of BTC in ETF with halving is not exactly accurate. ETF is not as big as halving in the industry. Halving is something that has happened every 4 years since 2012 and each time we have seen a significant rise in the value of bitcoin. So with that history, don't you think there will be more investors and even current investors will want to buy more Bitcoin because they'll make more profit?

I think in contrast to you, I personally appreciate the impact of the ETF more than the halving. But in the end it's all just news for sharks to legitimize their manipulation. To me, the movement of bitcoin or the cryptocurrency market is still more manipulated than based on supply and demand and that's why I don't put much hope in the big events that most people expect.

My investment style is very simple, I will make predictions and will trust my decisions. If I'm wrong, I'll probably cut my losses or become a reluctant long-term investor, if my prediction is correct, I will make some significant profits in the short term.


I even believe that in the next 3 weeks bitcoin could reach a new ATH and I expect to touch 90k$-95k$ in April and May, but then there will be a significant correction as everyone excited about the ever-increasing frenzy of market growth.

The POW projects I'm talking about are LTC, DOGE, KDA, NKN...these projects are suitable for short-term investments because they benefit from the bitcoin halving.

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April 08, 2024, 01:41:01 PM
 #57

The month of April will see Bitcoin prices either rise the most, or fall the most. This is because Bitcoin price is more likely to rally after the halving takes place, as Bitcoin price is currently going through a period of volatility. So that was enough opportunity to invest, so I think Bitcoin price will definitely start improving from April onwards if we calculate according to the current price.
I think the price will continue to increase. The last high price we saw was not the highest price. After the halving, there is a possibility that the price will rise slowly or go straight to its highest price.

But it all may take time so we have to be patient first. For this April, it looks like the price will reach over $75k as we already see $73k as the current high. But we still can't know what Bitcoin's latest ATH price is.

But we will also see a correction that will occur this April so we have to prepare ourselves. There is still time if you want to collect Bitcoins. Use it to increase the Bitcoin you have.

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April 08, 2024, 02:00:33 PM
 #58

tokes, holiday? What's that?

I'm leaning for a halving expectancy here. Which means, no $75k close, even if we might gun for it in the next week or so. Purely arbitrary, I suppose. I think one surprise (ATH pre-halving) is about enough for the quarter, would take a bit more than interest and supply halving to deter those looking to skim off quick profits. Shake out some of them would-be long-termers, and then some more positivity leading to US elections, wham bam, new severe ATH.

I am reading more and more about supercycles. Which I dislike, since the majority always seem to be proven wrong.

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April 08, 2024, 04:36:20 PM
 #59

I think in contrast to you, I personally appreciate the impact of the ETF more than the halving. But in the end it's all just news for sharks to legitimize their manipulation. To me, the movement of bitcoin or the cryptocurrency market is still more manipulated than based on supply and demand and that's why I don't put much hope in the big events that most people expect.
ETF won't have more impact than the halving. In fact, to be it's ETF that has the more shot term increase. Even before the EFT approval, I predicted this to happen. I knew it would have an impact and bitcoin price will increase but in a short period, there will be a correction. With the halving prive goes up over time, not over a short period of time like it was after ETF approval.
This has always been the behaviour of bitcoin during each halving, not like it's a certainty, there would be no risk if it was certain, but there a very high percent chance of it happening.
What makes this year's halving more unique is that the ETF approval has created more awareness to bitcoin, so that means more investors and more investors means more buying and higher price increase.

Corrections, when it comes to bitcoin are a normal thing. When bitcoin is manipulated, it usually has a short term effect before it corrects, but when it was determined by market forces and other economic and financial factors that affect the players, it's happens steadily.
Bitcoin price is hardly ever stable for a long period of time. It can only revolve around a certain range like how it was on 65 - 69 recently before finally breaking away to >70k.

It's okay to have your own investment style and trust your decision, but it not right to based it totally on a bunch or feeling. Intuition is good, but don't base your whole investment on that alone.
It's common knowledge that with bitcoin, long term investment is best, and this is a proven fact. If bitcoin price drops to 50k from 72 today, all you gotta really do is hold for much longer.

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April 09, 2024, 04:37:46 AM
 #60

I voted yes because I cannot vote for I do not know. Similar to the concerns from many people, the American government made a test transaction of $69 to Coinbase. The person who sent this amount has a sense of humor hehehee. However, there is a speculated amount of another 30,000 coins to be sent and this might be dumped on our faces with mouths open. However again, the halving will be on April 18 which might cause a pump. This will be a head scratching market.

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April 09, 2024, 06:32:23 AM
 #61

The halving will take place in the month of April and once the halving takes place, the price of Bitcoin will rise. But surely this April Bitcoin price will definitely break the previous record and set a new record. Because March had the highest increase in Bitcoin price which was 73.6kIt touched up to dollars. So it is expected to peak when the price of Bitcoin starts to rise this April.

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April 09, 2024, 09:10:06 AM
 #62

I just voted Yes here, it's so likely that Bitcoin will hit $75,000 this month. First, this is the much-anticipated month of halving, and second, the asset itself has done the needed correction. Thirdly, it is above important support levels on the daily chart with a bullish price action. Holding above the TrendMagic line of $67,629 and the daily chart Fibo level of $65,432 are key factors for it to continue to rise this month. It however hit $73,000 yesterday, I believe that if it can breach the monthly high of about $72,750, it will continue to push higher for the test of the $75,000 expected this month. A breach above the level might make it proceed even higher, but I do not see this market hitting higher than $85,000 in April regardless of halving.

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April 09, 2024, 09:59:13 AM
 #63

I just voted Yes here, it's so likely that Bitcoin will hit $75,000 this month. First, this is the much-anticipated month of halving, and second, the asset itself has done the needed correction. Thirdly, it is above important support levels on the daily chart with a bullish price action. Holding above the TrendMagic line of $67,629 and the daily chart Fibo level of $65,432 are key factors for it to continue to rise this month. It however hit $73,000 yesterday, I believe that if it can breach the monthly high of about $72,750, it will continue to push higher for the test of the $75,000 expected this month. A breach above the level might make it proceed even higher, but I do not see this market hitting higher than $85,000 in April regardless of halving.
If the market shows Fomo signals because of the halving event and helps bitcoin reach $75k, why can't it rise to $85k or $90k? I personally believe that if bitcoin can surpass $75k then the $85k target will also happen this month or there will be a delay of early May.

But what I find a bit worrying is that everyone expected growth in bitcoin and the halving was the catalyst here. This makes me a bit nervous because I find that most of the time bitcoin does not move according to the wishes of the crowd. But I hope my worries are wrong and things will work out as everyone wishes. We had to wait many years to see the halving event and no one wants bitcoin to be dumped again.

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April 09, 2024, 03:36:53 PM
 #64

“Buy rumors, sell news” I still believe in this saying and still believe it will be used again. I mean bitcoin will continue to rise and reach ATH this month before and after the halving. The story of halving is similar to the story of ETFs, which will be used by market makers to create attractive stories that create excitement for investors. And to be able to create excitement and Fomo in the market, pumping bitcoin is necessary, so it is certain that next week we will soon see bitcoin prices increase and some POW projects will also increase.
These terms have always been a guideline that will never lie, as long as your mentality is still strong enough then follow these words. Don't panic too much, just buy below and sell above. halving makes it quite different and only days are left. Bitcoin continues to be pumped and this is certainly not the end. there will still be crazier increases. Bitcoin continues to print new ATHs to silence those who are not in line with Bitcoin.
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April 10, 2024, 04:38:17 AM
 #65

I voted "yes", like the majority, Well, I think that at the prices we are at, a little below ATH, which has been at these levels for some time, and the proximity of halving, it is simply more likely that at the end of the month the price will be higher. I'm not saying that's necessarily the case, but what I think is more likely. In any case, in the months after halving I expect an approach to $100K, although I think beating that figure will take a few tries.

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April 10, 2024, 07:16:54 AM
 #66

I just voted Yes here, it's so likely that Bitcoin will hit $75,000 this month. First, this is the much-anticipated month of halving, and second, the asset itself has done the needed correction. Thirdly, it is above important support levels on the daily chart with a bullish price action. Holding above the TrendMagic line of $67,629 and the daily chart Fibo level of $65,432 are key factors for it to continue to rise this month. It however hit $73,000 yesterday, I believe that if it can breach the monthly high of about $72,750, it will continue to push higher for the test of the $75,000 expected this month. A breach above the level might make it proceed even higher, but I do not see this market hitting higher than $85,000 in April regardless of halving.
If the market shows Fomo signals because of the halving event and helps bitcoin reach $75k, why can't it rise to $85k or $90k? I personally believe that if bitcoin can surpass $75k then the $85k target will also happen this month or there will be a delay of early May.
The market is so funny, you can't expect it to continue to do the same thing all the time, and the time you expect it to behave in a certain way might be the time it does the opposite. What Bitcoin displayed so far should make any futuristic speculators be careful, anything can happen. The coin moved beyond expectation in recent times, so the halving that people are so much expecting may not be the saving grace this time, that's the market psychology for you. Just like how it behaved during the ETF fillings, the headlines, news and rumour made Bitcoin move significantly higher last year. That was before the actual approval happened.

Now, what happened when the ETF was actually approved? Bitcoin first dived down to the south earlier this year before later stabilizing and found its path upward afterwards and has not moved so much above the time it dived down till today. That could mean something when the market is hesitant, be sceptical as well. The same move is what I suspect this time which made me doubtful of the $85,000 immediately after halving. And hitting $75,000 and even breaching for a while doesn't automatically translate to significantly breaking it. There could be false breakout which will always be greeted by a powerful market reversal or retracement as the case may be. If this is now happening immediately after the halving, it could turn the whole market sentiment negative for as long as posisble.

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April 10, 2024, 07:42:14 AM
 #67

I doubt bitcoin can close above $75k this month. But that could happen if there is a lot of positive sentiment. Considering that currently the price is still undergoing correction, that's what makes me unsure.
However, we know that bitcoin can surprise after the halving. Such sudden increases have happened frequently so we can expect the price of bitcoin to close above $75k this month.
The feeling is still as usual, waiting for the ATH price of bitcoin to occur while enjoying the ups and downs of the bitcoin price. And I'm also curious about the price of Bitcoin after the halving.

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April 10, 2024, 12:34:01 PM
 #68

I think in contrast to you, I personally appreciate the impact of the ETF more than the halving. But in the end it's all just news for sharks to legitimize their manipulation. To me, the movement of bitcoin or the cryptocurrency market is still more manipulated than based on supply and demand and that's why I don't put much hope in the big events that most people expect.
ETF won't have more impact than the halving. In fact, to be it's ETF that has the more shot term increase. Even before the EFT approval, I predicted this to happen. I knew it would have an impact and bitcoin price will increase but in a short period, there will be a correction. With the halving prive goes up over time, not over a short period of time like it was after ETF approval.
This has always been the behaviour of bitcoin during each halving, not like it's a certainty, there would be no risk if it was certain, but there a very high percent chance of it happening.
What makes this year's halving more unique is that the ETF approval has created more awareness to bitcoin, so that means more investors and more investors means more buying and higher price increase.

Corrections, when it comes to bitcoin are a normal thing. When bitcoin is manipulated, it usually has a short term effect before it corrects, but when it was determined by market forces and other economic and financial factors that affect the players, it's happens steadily.
Bitcoin price is hardly ever stable for a long period of time. It can only revolve around a certain range like how it was on 65 - 69 recently before finally breaking away to >70k.

It's okay to have your own investment style and trust your decision, but it not right to based it totally on a bunch or feeling. Intuition is good, but don't base your whole investment on that alone.
It's common knowledge that with bitcoin, long term investment is best, and this is a proven fact. If bitcoin price drops to 50k from 72 today, all you gotta really do is hold for much longer.

The halving story is not new and we have mined over 19 million bitcoins and have just over 2 million bitcoins left unmined. Halving will still be a notable and meaningful event for bitcoin but I think what bitcoin needs more is its legitimacy and popularity. Scarcity is useless if the demand for it does not increase, and to be able to make the demand increase sharply. And to achieve global adoption, legitimacy is absolutely necessary and that is why I value ETFs over bitcoin halving at this stage.

People have a habit and are too dependent on that habit of always thinking that bitcoin will increase in price after the halving, and because of that, many people who missed out on bicoin suddenly created a new ATH before the halving.

Personally, I don't like being too rigid and always want to update and adapt to rapid changes. I believe that once the ETF is passed, everything will change and will be very different, it will no longer follow the old rules we used to know. Time will tell everything, who will be right and who will be wrong  Wink Wink.

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April 10, 2024, 01:12:32 PM
 #69

The optimism we all have around this time about the price of bitcoin has been the real drive for our unwavering stacking in anticipation for the halving, you find out that periods like this a great number are on the buying side with just an insignificant number of investor selling which is why I am with the sentiment that bitcoin will close above $75k before the end of  month April. The only thing stoping this is probably a bad market news in the middle of the month creating FUD that kicks panic into the mind of investors to sell otherwise $75 is a reality.
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April 10, 2024, 01:30:51 PM
 #70

The CPI increased and exceeded expectations, and all financial markets are in the same "red" color, including bitcoin. 10 days from now the halving will take place and 20 days until April will end, does anyone here want to change their opinion about the market this month? Or are you still optimistic that bitcoin will continue to rally and conquer new ATH like the vote OP gave?

Things are not looking good with the CPI being higher than expected but I still believe April will still be a good month for bitcoin. I haven't changed my opinion on bitcoin this month.

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April 10, 2024, 11:59:49 PM
 #71

The question can be read two ways, will we close at all above 75k in April.   Yes we will, sure why not pure volatility spikes can get us that far by lunch time and we sell back down by dinner.

The bigger question and Im guessing the intended question perhaps is to get 75k, hold 75k and maybe most of all to close the final day of April above 75k.   I guess it helps if the monthly bar on a giant graph using months would show 75k sustained, thats a mighty big building block by which we might go on so high as to touch space eventually.

Grand ambitions but first I would guess the best bet is that unless otherwise indicated we are always set to repeat and that means another March for April, I actually thought previously we'll sell into a negative April so this sideways close would be comparatively positive in resisting these profit taking temptations by so many who have held maybe a year or more; surely BTC is doing very well even while standing still.

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April 11, 2024, 11:20:48 AM
 #72

The halving will take place in the month of April and once the halving takes place, the price of Bitcoin will rise. But surely this April Bitcoin price will definitely break the previous record and set a new record. Because March had the highest increase in Bitcoin price which was 73.6kIt touched up to dollars. So it is expected to peak when the price of Bitcoin starts to rise this April.
Now we are in April, and Bitcoin prices are still in the range of $70K to $72K, which could possibly exceed the previous record high. But we also need to analyze purchasing power and sales volume when the halving starts so that we can make a more accurate estimate of the price that Bitcoin will reach this month. Because everyone hopes that this April can be a really good month for Bitcoin in order to see new records that are not common in Bitcoin.

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April 11, 2024, 11:33:55 AM
 #73

I suspect that the ending part of this month of April will be more pumping than we had it when it first started, maybe this may be due to the close of halving by then or other economic activities that may affect the buy and sell of markets to either increase or decrease under the demand and supply chain, tis is how i see the market performance, but anything can change, we should henceforth be expecting for more bull than bear in this season as we continue in the bullrun for the year 2024.

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April 11, 2024, 11:50:23 AM
 #74

I believe the poll should be, "Is the halving priced in? Yes or No?" Cool

Although, the current poll already gives almost the same observation. Above $75,000 = "It's not priced in". Below $75,000 = "It's priced in".

During the last cycle I had the belief that it was already priced in weeks before the halving, and I also believed that a surge would come months later after that halving. But Bitcoin proved that I was wrong.

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April 11, 2024, 11:56:22 AM
 #75

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.


of course like those recent POL monthly that majority of Bitcoiner are positive about the future
of bitcoin or at least these past many months that market is showing differently to what we have
experience in the past weeks so that would be the reason why votes continuously making positive
to almost everyone.
The optimism we all have around this time about the price of bitcoin has been the real drive for our unwavering stacking in anticipation for the halving, you find out that periods like this a great number are on the buying side with just an insignificant number of investor selling which is why I am with the sentiment that bitcoin will close above $75k before the end of  month April. The only thing stoping this is probably a bad market news in the middle of the month creating FUD that kicks panic into the mind of investors to sell otherwise $75 is a reality.
not sure if this is also the trend in the past pre halving months?
because for what we have seen just last halving? in the halving month
itself the price starts falling because people are selling instead of buying.

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April 11, 2024, 08:26:47 PM
 #76

I believe the poll should be, "Is the halving priced in? Yes or No?" Cool

Although, the current poll already gives almost the same observation. Above $75,000 = "It's not priced in". Below $75,000 = "It's priced in".

During the last cycle I had the belief that it was already priced in weeks before the halving, and I also believed that a surge would come months later after that halving. But Bitcoin proved that I was wrong.

It's high time we can expect the unexpected outcomes because similarly I had so many speculations based on the Bitcoin history like Bull run will start only post halving and ATH can be teach only post halving but it turned out wrong. I personally don't see a different pattern in BTC price than what it was last month and I belive we may see some changes in second half of April but I may be wrong.









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April 12, 2024, 07:57:54 AM
 #77

I believe the poll should be, "Is the halving priced in? Yes or No?" Cool

Although, the current poll already gives almost the same observation. Above $75,000 = "It's not priced in". Below $75,000 = "It's priced in".

During the last cycle I had the belief that it was already priced in weeks before the halving, and I also believed that a surge would come months later after that halving. But Bitcoin proved that I was wrong.


It's high time we can expect the unexpected outcomes because similarly I had so many speculations based on the Bitcoin history like Bull run will start only post halving and ATH can be teach only post halving but it turned out wrong. I personally don't see a different pattern in BTC price than what it was last month and I belive we may see some changes in second half of April but I may be wrong.


But if you ask me, I believe NOT. We should definitely expect the EXPECTED after the halving, and that's it is NOT priced in. The current market situation is merely a correction/people selling because the believe it's priced in. BUT absolutely like last cycle after the halving, price started increasing little by little until it SURGED and it will SURGE after the halving AGAIN.

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April 12, 2024, 09:26:34 AM
 #78

i am optimistic that bitcoin can approach or reach 75k usd this month, since many investors are optimistic about the halving and coupled with market conditions which tend to be stable and there is no negative news which makes investors want to sell their assets. even though this is a temporary condition, because it seems that before the halving we will experience a bear market, for people who want to make a profit, maybe now is the right time to sell.

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April 13, 2024, 07:33:12 AM
Last edit: April 13, 2024, 07:50:43 AM by STT
 #79

Judgement day for BTC except its a Saturday, I would prefer a week day for good volume but we'll see how this weekly bar ends.   Its a big deal now because price fell to the 50 DMA and the fight is now an active contest between the bulls and bears in this area.  Moving averages arent resistance or support, it is just an indicator of the wider picture but so many people are aware it becomes a battle ground.

We'll see how it goes down, the vice will continue to tighten as 50DMA rises every day, 66.5k today and lows are retracting away from any sell below that measure.  Again this is people observing and buying not solid support as such hence I think further troubles are at least possible to develop.  I think 62k was where I was thinking more like a hard line because it relates to actual prior trading hence some volume support also.

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April 13, 2024, 10:45:03 AM
 #80

i am optimistic that bitcoin can approach or reach 75k usd this month, since many investors are optimistic about the halving and coupled with market conditions which tend to be stable and there is no negative news which makes investors want to sell their assets. even though this is a temporary condition, because it seems that before the halving we will experience a bear market, for people who want to make a profit, maybe now is the right time to sell.
We had a minor correction again, as there could be negative news that pull down the price to $67k. But yeah, maybe $75k is possible as we will have the halving in the next couple of days and this could be the last leg for investors who wants to buy at the current price of below $70k. So it's going to be very excited days, we should just look at the fundamentals for now, and not complicate things with TA this weekends. And usually Sat-Sun is a slow phase, volume is not the big as everyone could be just settling down and waiting for the block halving to happen.

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April 13, 2024, 10:59:55 AM
 #81

We had a minor correction again, as there could be negative news that pull down the price to $67k. But yeah, maybe $75k is possible as we will have the halving in the next couple of days and this could be the last leg for investors who wants to buy at the current price of below $70k. So it's going to be very excited days, we should just look at the fundamentals for now, and not complicate things with TA this weekends. And usually Sat-Sun is a slow phase, volume is not the big as everyone could be just settling down and waiting for the block halving to happen.
Without any statistics to prove, I generally had the notion that Bitcoin would have done some more price than the $70-71k mark it’s been fluctuating about for a high but, it’s becoming more and more evident that this isn’t going to come into play before the halving and even immediately after it, I don’t expect Bitcoin to surge up. Though, sentiments might come into play as investors would be expecting a pump in price which could be a market mover, driving investors to place more buys. My expectations would be that, it would take sometime before these movements starts playing out and I don’t hope to see Bitcoin at $75k before the halving, I find this unlikely to happen.

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April 13, 2024, 11:50:47 AM
 #82

Bitcoin prices will generally remain under control in April. Because as days go by we are getting closer to Bitcoin halving, Bitcoin halving is only 6 days away. So we are moving towards the halving very close, so the price of Bitcoin is now under control as far as you can invest.

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April 13, 2024, 11:55:46 AM
 #83

I said no because there are big resistance, Bitcoin won't pass 75k in less than 3 weeks. When it passes 75k we will see much faster rally and potentially to 100k so fast.
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April 14, 2024, 06:49:52 AM
 #84

Understanding what we can do, there needs to be something that could take a long time. We should consider the fact that April will have the halving in it, and that is why it is going to be a little bit harder. I believe that if we could focus on something else, we may end up doing a little better.

Halving is a very sensitive period and that is why I believe talking about just April is not easy, I get why people are worried because it could go down a bit beforehand, which I think is not happening, and it may not skyrocket a lot neither right afterwards. If 80k is hit, I think that wouldn't be weird, I think it looks like something similar to that could happen and I believe that we should probably see that as normal without a doubt.

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April 14, 2024, 01:21:26 PM
 #85

Funny how almost nobody itt or in the speculation section noticed the couple days of sell downs due to the markets getting spooked on what's happening with Israel and Iran.  Cheesy 

Anyway this week could be interesting as we'll find out how the boomer markets react with the news.  Friday saw boomer makets go down because Hezbollah attacked Israel.  Will it go down again on Monday because Iran attacked the next day?

Here's the monthly chart as it is right now...  Stay safe sports fans.


R


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April 14, 2024, 01:43:27 PM
 #86

Funny how almost nobody itt or in the speculation section noticed the couple days of sell downs due to the markets getting spooked on what's happening with Israel and Iran.  Cheesy 
I posted something about this, I'd say most of the drops we have seen this month is the natural course of the market and its correction after not being able to form a momentum and go higher.

But we have 2 events that is creating a temporary "shock" in the market which leads to weak hands panic selling:
1. On 1 April when Israel performs the terrorist attack on the Iranian embassy and the world fears Iran's response there is a panic sell and price comes down ~$7k
2. On 13 April when Iran responds to the terrorist attack there is again another panic sell where price comes down ~$6k.

The time between April 1 and 13 is the "tension" time where price goes up and down but I'd say it is not related to the global tensions but just the market doing its thing.

Friday saw boomer makets go down because Hezbollah attacked Israel.
The Resistance in Lebanon has been attacking Israel the moment they started genocide of Palestinians, which is about 7 months ago, and they never stopped. In simple terms Hezbollah attacking the Zionist occupiers is not a new thing to cause any changes in Bitcoin market on Friday! So if someone panic sold because of one of the operations out of thousands, they have been manipulated into selling and they should change their news source Wink

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April 15, 2024, 11:00:17 PM
 #87

Bitcoin prices will generally remain under control in April. Because as days go by we are getting closer to Bitcoin halving, Bitcoin halving is only 6 days away. So we are moving towards the halving very close, so the price of Bitcoin is now under control as far as you can invest.
Well if this is what control looks like, I don't think I want it Grin..so far we've seen an up and down movement in price and it's even worse now that it's price is so unstable that it's forcing people to sell, thereby causing the congestion which is inturn creating a fee hike. This will be my first halving experience and I may not be certain if this kind of instability has occurred before prior to the halving event because this is like something most investors didn't bargain for.
 Bitcoin price may go up but I'm still of the opinion that it may keep hovering around the $70-73k area before going up.

R


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April 17, 2024, 02:03:18 PM
 #88




The time between April 1 and 13 is the "tension" time where price goes up and down but I'd say it is not related to the global tensions but just the market doing its thing.




I guess.  The boomer markets seem to have stopped selling off, it's now just mostly crypto that's still going down.  For what reason, not really sure.  But the thing is it's funny how after all these years a lot of people still feel iffy about crypto and the legitimacy of it.  It's been more than 10 years guys...  Crypto is not going anywhere, esp BTC.

But yeah.  I locked the poll as per tradition.  Rooting for the guys who voted yes.  LFGGG!

R


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April 17, 2024, 06:13:18 PM
 #89

I guess.  The boomer markets seem to have stopped selling off, it's now just mostly crypto that's still going down.  For what reason, not really sure.  But the thing is it's funny how after all these years a lot of people still feel iffy about crypto and the legitimacy of it.  It's been more than 10 years guys...  Crypto is not going anywhere, esp BTC.

But yeah.  I locked the poll as per tradition.  Rooting for the guys who voted yes.  LFGGG!

74.2% of us here voted Yes that Bitcoin will close above 75k. I think with 12 more days remaining according to my time zone, with the current price estimate still experiencing a decline in the next few days until the halving, it is doubtful that it can close at a price above 75k even though according to Coinglass's monthly return data for April 2023 it is green +2.81%.



Instead of selling, it is better to hold until Bitcoin reaches a price of 100k. I don't know what some people are thinking when they decide to sell because Bitcoin, which I know, has been proven and cannot be doubted.

R


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April 17, 2024, 11:49:07 PM
 #90

57.9k is the target downside imo, a Fibonacci level and fair game now we've closed daily bars below 62k.    We are trending downwards now with a few indicators aligned towards that shorter term momentum I think is fair commentary at this point.

If we can close above 63k on 4hr and daily bar and hold there then perhaps we can turn around some.  Volume seems to help confirm the downward momentum is valid rather then a blip or a erratic pricing but as always every price needs confirmation on longer term time frames to become especially valid.

This current price action relates to end of February and if we were to continue negatively then the gradient could become more aggressive with a slip into the lower 50's and futher.  Im not certain that occurs this month as they are no doubt some buyers ongoing who are not put off by only a slightly lower price in the bigger picture view.

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April 18, 2024, 04:42:11 AM
 #91

I guess.  The boomer markets seem to have stopped selling off, it's now just mostly crypto that's still going down.  For what reason, not really sure.  But the thing is it's funny how after all these years a lot of people still feel iffy about crypto and the legitimacy of it.  It's been more than 10 years guys...  Crypto is not going anywhere, esp BTC.

But yeah.  I locked the poll as per tradition.  Rooting for the guys who voted yes.  LFGGG!

74.2% of us here voted Yes that Bitcoin will close above 75k. I think with 12 more days remaining according to my time zone, with the current price estimate still experiencing a decline in the next few days until the halving, it is doubtful that it can close at a price above 75k even though according to Coinglass's monthly return data for April 2023 it is green +2.81%.


Instead of selling, it is better to hold until Bitcoin reaches a price of 100k. I don't know what some people are thinking when they decide to sell because Bitcoin, which I know, has been proven and cannot be doubted.

I want to know which scenario did you vote for before? One thing I see is that some people who were quite bullish at the beginning of the month are starting to feel negative because of bitcoin's recent correction. Many people are changing their attitudes very quickly because bitcoin has continuously decreased in price since this topic was created, if OP gives them a chance to vote again , I believe the majority will switch to “NO” instead of “YES”

But personally, I will still maintain my opinion, Bitcoin will still increase in price and will reach more than $75$ this April. Of course , I also have a backup plan if my prediction is wrong but I will not change my opinion just because of recent minor corrections.

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April 18, 2024, 08:18:18 AM
 #92

I want to know which scenario did you vote for before? One thing I see is that some people who were quite bullish at the beginning of the month are starting to feel negative because of bitcoin's recent correction. Many people are changing their attitudes very quickly because bitcoin has continuously decreased in price since this topic was created, if OP gives them a chance to vote again , I believe the majority will switch to “NO” instead of “YES”

Yes, that's my BTC sentiment poll in April. The attitude of people in speculating can of course change along with market price conditions. Even in monthly speculation, you can still change and want to change, how can you say you are a long-term holder? From this we can judge that the attempt to make a decision is not completely valid. If this is maintained, it is natural that those who are new to the world of crypto will have a weaker hand in holding back.

But personally, I will still maintain my opinion, Bitcoin will still increase in price and will reach more than $75$ this April. Of course , I also have a backup plan if my prediction is wrong but I will not change my opinion just because of recent minor corrections.

Those of us who choose to hold don't really need much of a plan apart from waiting and increasing our patience rating until history is created and that is the best plan that we have prepared beforehand. not now.
Didn't happen in April, if I'm still alive I'll get it in another month. Tell me what your backup plan is if your prediction is wrong so we can do it too.

R


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April 18, 2024, 12:36:09 PM
 #93

I guess.  The boomer markets seem to have stopped selling off, it's now just mostly crypto that's still going down.  For what reason, not really sure.  But the thing is it's funny how after all these years a lot of people still feel iffy about crypto and the legitimacy of it.  It's been more than 10 years guys...  Crypto is not going anywhere, esp BTC.

But yeah.  I locked the poll as per tradition.  Rooting for the guys who voted yes.  LFGGG!

74.2% of us here voted Yes that Bitcoin will close above 75k. I think with 12 more days remaining according to my time zone, with the current price estimate still experiencing a decline in the next few days until the halving, it is doubtful that it can close at a price above 75k even though according to Coinglass's monthly return data for April 2023 it is green +2.81%.



Instead of selling, it is better to hold until Bitcoin reaches a price of 100k. I don't know what some people are thinking when they decide to sell because Bitcoin, which I know, has been proven and cannot be doubted.

When exactly was the last halving and what was BTC's monthly performance after the last halving happened?  Pretty sure it was a green month...  We really can't count that one out imho.

So yeah, comparing spring of 2022 and 2023 won't really tell us much but spring of 2020 does.

Anyway, don't fade BTC this year and in the coming years.  Things are gonna get crazy.  And you're right just hold your coins.  If you have 1 BTC, def keep it.  As the years pass by there'll only be a small group of people who'll be holding one whole BTC.  I really regret taking all the time I had here for granted.  I just kept wasting what I had at gambling.

R


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April 18, 2024, 09:06:38 PM
 #94

The halving is very close, the halving will take place around the end of this month of April. So the current signs of a lower Bitcoin price create new opportunities for investors. This is an opportunity for those who haven't invested in Bitcoin to invest in Bitcoin. And Bitcoin investments should be held firmly for a long time.

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April 18, 2024, 09:59:48 PM
 #95

The halving is very close, the halving will take place around the end of this month of April. So the current signs of a lower Bitcoin price create new opportunities for investors. This is an opportunity for those who haven't invested in Bitcoin to invest in Bitcoin. And Bitcoin investments should be held firmly for a long time.
Halving will happen in the next 1 day and 3 hours - it's very close, just wait and see the countdown here:

Code:
https://blockchair.com/tools/halving-countdown

I'm not sure the month will close above $75K - but unfortunately I can't vote in the poll because it's already closed. I tend to believe the price will drop slightly or will probably be between $60K to $70K - but anything can happen including a dump to the $55K level.

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April 19, 2024, 08:59:39 AM
 #96

-.-
-.-.

Those of us who choose to hold don't really need much of a plan apart from waiting and increasing our patience rating until history is created and that is the best plan that we have prepared beforehand. not now.
Didn't happen in April, if I'm still alive I'll get it in another month. Tell me what your backup plan is if your prediction is wrong so we can do it too.

My investment plan is quite simple, always have 20%-30% USDT available in the account and if my prediction is wrong and bitcoin corrects significantly, I will use the remaining USDT to buy bitcoin or altcoins I have put on my watchlist but have not yet purchased.

And if bitcoin increases according to my expectations and plans, I will continue to optimize part of the profit. Because I believe that if bitcoin increases in price from now on and is able to set a new ATH after the halving then a correction will occur in the following months. In the long term, we are not yet into the crazy bull season we are waiting for, so I have no intention of investing 100% of my capital right now.

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April 19, 2024, 10:28:32 AM
 #97

Precisely, most of the people might have assumed that bitcoin would close above 75k because they did not see the whole Iran situation and the drop in the price because of it. How could we know that Iran would do something like that? Of course that was unexpected and we couldn't predict something like that.

Looking at it right now, we could say that of course it will not close 75k, even with halving and all, we are not going to really see it changes because that was a bad drop and even if it recovers a bit until the end of the month, I do not think that it would recover that much, that would be a new all time high and I do not think that we are ready for something like that. Maybe 70k if we are lucky but that's about all I can see.

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AprilioMP
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April 19, 2024, 06:11:00 PM
 #98

When exactly was the last halving and what was BTC's monthly performance after the last halving happened?  Pretty sure it was a green month...  We really can't count that one out imho.

I also can't calculate it and I need time to find sources to learn it because I have only been actively studying everything related to Bitcoin not long ago so I am quite lucky to be here.  Cheesy

Anyway, don't fade BTC this year and in the coming years.  Things are gonna get crazy. And you're right just hold your coins.
Never faded towards Bitcoin because Bitcoin is the best asset among other coins.

If you have 1 BTC, def keep it.  As the years pass by there'll only be a small group of people who'll be holding one whole BTC.
From what I have learned, just holding it and keeping it in your wallet is the best choice when a goal has been set.
I don't have 1 BTC yet, but my dream is more than the 1 BTC I want.

I really regret taking all the time I had here for granted.  I just kept wasting what I had at gambling.
In the following years, don't do it again so you don't regret it. When I gamble, I don't use Bitcoin, I'm more interested in using stable coins or fiat.

R


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April 20, 2024, 03:17:36 AM
 #99

Halving took place, happy halving. Usually in the past halving you see the halving year Bitcoin price is in the normal range. This is the fourth halving in 2024. Now we have to wait for the bull market. As far as 2025 is concerned, the biggest bull market is likely to be seen, so the best thing to do now is to be patient with Bitcoin investing. Because the price of Bitcoin will touch the highest level only when it starts to rise.

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tokeweed (OP)
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April 20, 2024, 03:35:40 PM
Last edit: April 22, 2024, 01:19:30 PM by tokeweed
 #100

Is it just me or is this year's halving kinda uneventful?  :/  I remember everybody used to be so excited and a lot of guys would start threads about the halving with everybody getting so excited, post memes and just overall making it feel that it's going to be a good year.  We don't have it anymore in these parts...  Same with the Chinese New Year thing.  It's gone.  It's like we're losing our culture.

Either that or we're just getting older.  Cheesy Cheesy  The guys who made it left and the ones who are left here are still grinding in the trenches.  GL to us...  Hope some of us make it.

Edit:  Typos.

R


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April 20, 2024, 06:05:10 PM
 #101

My investment plan is quite simple, always have 20%-30% USDT available in the account and if my prediction is wrong and bitcoin corrects significantly, I will use the remaining USDT to buy bitcoin or altcoins I have put on my watchlist but have not yet purchased.

And if bitcoin increases according to my expectations and plans, I will continue to optimize part of the profit. Because I believe that if bitcoin increases in price from now on and is able to set a new ATH after the halving then a correction will occur in the following months. In the long term, we are not yet into the crazy bull season we are waiting for, so I have no intention of investing 100% of my capital right now.
That is not a bad one, but I usually do it with additions. Meaning that if I end up getting paid, then I do have about a bit of money in USDT to get in, but that means if the price doesn't get corrected or anything until I get paid, then I put my new money into it, like when I get my salary paid, I try to put 10% to 20% of it into bitcoin and I keep doing that.

This doesn't mean that I put all my cash into btc, of course usdt still stays, but I do not let my usdt grow, even if there is no movement downwards, I still end up investing into bitcoin when I get paid. That way I try to increase my holdings as much as possible, and when there are dips like these ones we had recently, I am 100% fully into bitcoin as well.

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April 21, 2024, 08:40:01 PM
 #102

Is it just me or is this year's halving kinda uneventful?  :/  I remember everybody used to be so excited and a lot of guys would start threads about the halving with everybody getting so excited, post memes and just overall making it feel that it's going to be a good year.  We don't have it anymore in these parts...  Same with the Chinese New Year thing.  It's gone.  It's like we're losing our culture.
I wouldn't say it's uneventful but there's no many news in the background like the war and all that, and then we have Runes that really "ruin" everything for us. As we have seen, after the block halving, fees started to sky rocket and up to this point 100+ sat/vB, too high for ordinary investors.

Either that or we're just getting older.  Cheesy Cheesy  They guys who made it left and the ones who are left here are still grinding in the trenches.  GL to us...  Hope some of us make it.

It's a vicious cycle I guess, we gets older and then a new set of investors come-in, for whatever generation they call it. All here for the money and all of that, but forget how important or how we look at halving and then we are excited in 2017 or 2021 final run.  Smiley
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April 22, 2024, 01:19:05 PM
 #103

^  Been here for quite a bit and the last couple of halvings had a different feel to it.  Like everything was gonna get better and BTC is gonna lead the way and rule the world.  I don't get that feeling from everybody this halving.  But yeah...  Maybe I'm just a bit more mature and have gotten a lot jaded from all the idealistic stuff that I had in me when I first entered the space.  And to think I've seen a lot of guys who came in here who were apathetic and turned idealistic.  I'm the other way.  Cheesy Cheesy 

But yeah...  It looks like there's still some hope for 75k.

R


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April 23, 2024, 01:28:33 PM
 #104

^  Been here for quite a bit and the last couple of halvings had a different feel to it.  Like everything was gonna get better and BTC is gonna lead the way and rule the world.  I don't get that feeling from everybody this halving.  But yeah...  Maybe I'm just a bit more mature and have gotten a lot jaded from all the idealistic stuff that I had in me when I first entered the space.  And to think I've seen a lot of guys who came in here who were apathetic and turned idealistic.  I'm the other way.  Cheesy Cheesy 

But yeah...  It looks like there's still some hope for 75k.
I feel like that could be because we already broke over ATH right now, and in other halving we did not break over ATH before the halving, that means that we have seen what we wanted to see even before the halving came, so what is left to see. Doesn't mean that we won't go up even more, I d o believe that we are going to go up even more, not only because of the halving but because of the ETF money going into bitcoin as well, thousands of bitcoins bought every single week, that is going to mean something, plus all the miners making less now, and the price hasn't doubled like halving should make it, meaning that the yare not making a lot, and eventually that will matter too. So these two combined eventually will mean something, and price will go up.

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April 23, 2024, 06:07:53 PM
 #105

Good turn around for BTC this month, its lost its negative movement even if that only means a return to neutral for end March to end of April its still alot more positive then it was looking.

We regained the weekly average, price is now above the 2 day average and just below a monthly average.  Most I would summarise this price action as negative until you find the price range since late Feb is broken and we have new ground.   

If we only keep going sideways it is a positive situation and accumulation of volume at a higher price is positive further out I think.   200 day and 200 week average are often how slow BTC will move and its doing that just now so April by itself was just us going in circles working that out and providing prices with slight variance for those who would find that useful buyers at the lows and sellers at the highs.  I guess every should be happy then and not impatient.

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April 24, 2024, 12:26:21 PM
 #106

^  Been here for quite a bit and the last couple of halvings had a different feel to it.  Like everything was gonna get better and BTC is gonna lead the way and rule the world.  I don't get that feeling from everybody this halving.  But yeah...  Maybe I'm just a bit more mature and have gotten a lot jaded from all the idealistic stuff that I had in me when I first entered the space.  And to think I've seen a lot of guys who came in here who were apathetic and turned idealistic.  I'm the other way.  Cheesy Cheesy 

But yeah...  It looks like there's still some hope for 75k.
I feel like that could be because we already broke over ATH right now, and in other halving we did not break over ATH before the halving, that means that we have seen what we wanted to see even before the halving came, so what is left to see. Doesn't mean that we won't go up even more, I d o believe that we are going to go up even more, not only because of the halving but because of the ETF money going into bitcoin as well, thousands of bitcoins bought every single week, that is going to mean something, plus all the miners making less now, and the price hasn't doubled like halving should make it, meaning that the yare not making a lot, and eventually that will matter too. So these two combined eventually will mean something, and price will go up.

Coming back to 75k by the end of the month, we just have 5 days to go.  So it's kinda starting to feel a bit iffy now.  But if it happens then good.  Not holding my breath on it now tho which takes us to next month's poll...  Any suggestions?  Still have no idea what to ask everybody, so if you have any ideas then post it itt.


R


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April 24, 2024, 12:37:14 PM
 #107

^  Been here for quite a bit and the last couple of halvings had a different feel to it.  Like everything was gonna get better and BTC is gonna lead the way and rule the world.  I don't get that feeling from everybody this halving.  But yeah...  Maybe I'm just a bit more mature and have gotten a lot jaded from all the idealistic stuff that I had in me when I first entered the space.  And to think I've seen a lot of guys who came in here who were apathetic and turned idealistic.  I'm the other way.  Cheesy Cheesy 

But yeah...  It looks like there's still some hope for 75k.
I feel like that could be because we already broke over ATH right now, and in other halving we did not break over ATH before the halving, that means that we have seen what we wanted to see even before the halving came, so what is left to see. Doesn't mean that we won't go up even more, I d o believe that we are going to go up even more, not only because of the halving but because of the ETF money going into bitcoin as well, thousands of bitcoins bought every single week, that is going to mean something, plus all the miners making less now, and the price hasn't doubled like halving should make it, meaning that the yare not making a lot, and eventually that will matter too. So these two combined eventually will mean something, and price will go up.

It's a very different halving for us, new all time high prior and se we don't know how the market will react, even if there are noise around like the war or even the BRC-20 inscriptions or Runes.

So this is a very new halving for us in my opinion and so obviously maybe we will see new patterns or stick with the previous cycle that it might take months to move the price to where we like it to be, around $75k and up. Still very early, we have a week before the end of the month. If we don't reach $70k, or trade sideways, I think it will be good for us for the long haul.

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April 24, 2024, 06:16:34 PM
 #108

It's a very different halving for us, new all time high prior and se we don't know how the market will react, even if there are noise around like the war or even the BRC-20 inscriptions or Runes.

So this is a very new halving for us in my opinion and so obviously maybe we will see new patterns or stick with the previous cycle that it might take months to move the price to where we like it to be, around $75k and up. Still very early, we have a week before the end of the month. If we don't reach $70k, or trade sideways, I think it will be good for us for the long haul.
Yes, it is definitely a brand new one that will be a little bit different for everyone, I get that it may feel like it's the same one, but it's really not the same one and we could see something different.

However, I also do not believe that it will not go up, I think it will definitely go up, maybe not during April, or maybe it will do fine during rest of this month, I just believe that on the long term we are going to end up with a profit eventually, a big bull run will happen, I just don't know when that will happen. This is why I am just holding and accumulating too, that's what would gain me the most profit and should be something that will get a lot better, it's the most important decision regarding the halving.

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April 30, 2024, 12:45:48 PM
 #109

This market sucks...  I think I know what I'm gonna ask for our next poll.  It's not that I'm testing you guys or anything.  I'm just really interested in what you guys think and what your sentiments are at the first couple of weeks of the month.  I think after seeing what happened this month and how wrong most of us are, the next month's poll will not be so easy to vote.  I don't think the guys who voted this month will vote for next month...  Lolol.  Wait for it.  Cheesy Cheesy Cheesy

R


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April 30, 2024, 12:59:59 PM
 #110

This market is just lumbered with too much selling at this particular range it seems like.  We might even close out April today below 60k.

I cursed it when I wrote on the 23rd that price action was positive, its done nothing as much positive since.  We traded below the weekly average from 24th onwards and after near to a week sideways and it has to be said negative while submerged below 50ma for 4hr bars & in this duration its now got worse today.

If we dont recover 63k quite sharply I expect increasingly negative development.  Thats how April ends and May begins, possibly its how the summer goes.   All I can say is long term we'll prove positive again I think but looks negative for now.

59.6k or lower confirms a 'lower low' movement in short to medium term time frame.

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April 30, 2024, 03:19:18 PM
 #111

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?'.
Overall, what is seen in the crypto market and including Bitcoin as well as other types of crypto has missed several speculations and predictions that have been published by many experts, what was expected has not happened, I mean the $100k speculation.

The month of April has ended the price of Bitcoin closed at $61,314.59, it is very clear that speculation for the price of $75k shot up again, not in line with expectations, do you have any plans to predict the price of Bitcoin at the end of next May, if you think there, I will place the price in$58k level, that's my speculation.

In essence, everything has happened, experiences have occurred, after the halving occurred there was little hope of Bitcoin rising, the chances of falling sharply, what is clear is that we can see the direction of Bitcoin playing in the market at the end of this year.

R


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April 30, 2024, 04:55:55 PM
 #112

We supposed to understand as a crypto investor that we are not supposed to make a prediction over the price of Bitcoin because we know very well that the price of Bitcoin is unpredictable and so many people also make such a mistake to predict the price of Bitcoin some people who predicted it as a price of Bitcoin will be almost 75,000 I think by now they will be regretting of their prediction because the price of Bitcoin have dropped to the extent that is below their prediction so giving a analysis of Bitcoin price when you have not a proper research concerning the price of Bitcoin I think it is not okay from my perspective

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April 30, 2024, 05:38:38 PM
 #113

We supposed to understand as a crypto investor that we are not supposed to make a prediction over the price of Bitcoin because we know very well that the price of Bitcoin is unpredictable and so many people also make such a mistake to predict the price of Bitcoin some people who predicted it as a price of Bitcoin will be almost 75,000 I think by now they will be regretting of their prediction because the price of Bitcoin have dropped to the extent that is below their prediction so giving a analysis of Bitcoin price when you have not a proper research concerning the price of Bitcoin I think it is not okay from my perspective

What are we supposed to do?

I doubt you understand what you're saying. If you don't predict what then do we do? Speculating, expecting, predicting are same word. An investor who doesn't know or have an idea of what price might do next is not a good investor and a blind one too.

We all know Bitcoin is very volatile, but that doesn't mean her price can't be predicted, what about traders that trade based off her price. Nothing is predictable in any financial market, we all run based on uncertainty backed by past and present data.

After the research you still predict Mate. All analysis is predictions made is up for price to decide.

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April 30, 2024, 07:47:08 PM
 #114

We supposed to understand as a crypto investor that we are not supposed to make a prediction over the price of Bitcoin because we know very well that the price of Bitcoin is unpredictable and so many people also make such a mistake to predict the price of Bitcoin some people who predicted it as a price of Bitcoin will be almost 75,000 I think by now they will be regretting of their prediction because the price of Bitcoin have dropped to the extent that is below their prediction so giving a analysis of Bitcoin price when you have not a proper research concerning the price of Bitcoin I think it is not okay from my perspective

What are we supposed to do?

I doubt you understand what you're saying. If you don't predict what then do we do? Speculating, expecting, predicting are same word. An investor who doesn't know or have an idea of what price might do next is not a good investor and a blind one too.

We all know Bitcoin is very volatile, but that doesn't mean her price can't be predicted, what about traders that trade based off her price. Nothing is predictable in any financial market, we all run based on uncertainty backed by past and present data.

After the research you still predict Mate. All analysis is predictions made is up for price to decide.

just pray  Grin

off course we speculate. what else is there to do when we are not whales that could affect the price with just one tweet?  we predict and guess where the market goes but this whole april is a disaster to begin predicting. we know already the market couldn't;t sustain as its already overbought. regardless of the good news about ETF in other countries and ETNs in EU, the price goes down.

next month is another speculation thread. when they say SELL ON MAY AND GO AWAY, it couldn't be true in crypto. sometimes May is bullish.










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May 01, 2024, 07:36:41 AM
 #115

This market sucks...  I think I know what I'm gonna ask for our next poll.  It's not that I'm testing you guys or anything.  I'm just really interested in what you guys think and what your sentiments are at the first couple of weeks of the month.

The end of April missed far from estimates. The closing price is only at the level of $60.7K not up to $61K. Around $14K is $75,000. The market is not bad, only the situation makes the market look bad. Still too weak in the hand to hold strongly.
In the next poll, I think it's better if filled with questions how strong they face events that have an impact on market prices if what is planned is still around the price.

I think after seeing what happened this month and how wrong most of us are, the next month's poll will not be so easy to vote.  I don't think the guys who voted this month will vote for next month...  Lolol.  Wait for it.  Cheesy Cheesy Cheesy

It is impossible for me and all who votes to poll this topic with the number of percentages for the following month if the poll question is valid for April. LOL.  Cheesy Cheesy

R


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