BTC Sentiment Poll for April

[Smartvirus]

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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[Hallroom]

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.

[redhack]

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.

[el kaka22]

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.

[tokeweed]

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.   

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.

[pooya87]

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.   

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

[Majestic-milf]

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 ..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.

[tokeweed]

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!

[AprilioMP]

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.

[STT]

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.

[fuguebtc]

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.

[AprilioMP]

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.

[tokeweed]

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.

[Hallroom]

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.

[_BlackStar]

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.

[fuguebtc]

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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.

[dezoel]

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.

[AprilioMP]

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. 

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.

[Popkon6]

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.

[tokeweed]

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.    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.