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Poll
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)
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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.

R


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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.

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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.

R


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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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