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Poll
Question: What do you guys think will happen to BTC this month?
Range bound between 49k - 65k - 22 (73.3%)
Trend up above 65k USD - 5 (16.7%)
Sell down below 50k USD - 3 (10%)
Total Voters: 30

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Author Topic: BTC Sentiment Poll for September  (Read 1504 times)
jaberwock
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September 14, 2024, 08:56:22 PM
 #81

It's not going as well in my opinion, but now we should be around $70k'ish or even higher. Although there is argument that since the cycle has change, as we have reach new all time high prior to the halving. Because in the previous cycles, it's always new all time high after, not before. So the market might have been exhausted that's why almost 4 months moving forward, we have seen major changes in the market.
IMHO, it's going well. Give it time until next year, we still have the entire end of this year and as well as 2025 for everything to see the peak of it. Bitcoin can reach $70k within less than 24 hours based on what we've seen and its movement. But I'd agree to you that it should have been $70k already by this time but that's okay. The peak has been seen too early but that's not the end of it, there's still enough time for it to reach such peaks.
If we could end up waiting a bit more I am sure that we are going to do fine. I know that we are going to do go up, we just need to wait a bit more and holding during these volatile times is not easy I agree with that but we should be considering this as something that could profit.

The reality is that we can't consider this as big deal, we can't sell right now just because it's volatile, it is not a big deal at all. We need to consider that in the future the price will go up because cycle works that way. So it can't really make much increase or change all that easily, so we just need to keep holding. I believe that soon we will start going up, it may take just one or two more months but as soon as that happens we should be considering it changing and start giving us profit.

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September 14, 2024, 09:09:56 PM
 #82

IMHO, it's going well. Give it time until next year, we still have the entire end of this year and as well as 2025 for everything to see the peak of it. Bitcoin can reach $70k within less than 24 hours based on what we've seen and its movement. But I'd agree to you that it should have been $70k already by this time but that's okay. The peak has been seen too early but that's not the end of it, there's still enough time for it to reach such peaks.
If we could end up waiting a bit more I am sure that we are going to do fine. I know that we are going to do go up, we just need to wait a bit more and holding during these volatile times is not easy I agree with that but we should be considering this as something that could profit.

The reality is that we can't consider this as big deal, we can't sell right now just because it's volatile, it is not a big deal at all. We need to consider that in the future the price will go up because cycle works that way. So it can't really make much increase or change all that easily, so we just need to keep holding. I believe that soon we will start going up, it may take just one or two more months but as soon as that happens we should be considering it changing and start giving us profit.
Right now we are just waiting for the Fed's decision with the interest rate cut, that will be the trigger for the current bitcoin sentiment, with many institutions entering the current bitcoin era will certainly follow economic sentiment, I am also quite sure that the $70k is not a very difficult figure for us to touch back at the end of this year.

Be patient buddy we will see an amazing show back in this cycle, if the bitcoin market continues to experience optimism like yesterday I think it is not difficult to go up at the end of this September to the price of $ 65k for our foundation towards $ 70k, although the current situation is very difficult to stabilize the price at the $ 60k level, if we are targeting profits I think our advantage is to accumulate bitcoin can be much more, because if the price rises above $ 63k again it will be very difficult to think about buying. Cheesy

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September 15, 2024, 03:34:15 AM
 #83

Nevertheless, we should be very careful and wary of the price movement, we don't know, it could be just another bull trap or a false break out. One thing though that I notice is that we will see the US presidential debate, so we will see who wins and it could affect the price, as we have a pro crypto supporter in Trump.
Personal political views apart, Trump winning the elections in USA can be significantly positive for Bitcoin on short run as a strong boost to raise BTC to a new ATH, considering we are also heading into the final months of a halving year, which historically are very optimistic for Bitcoin. Part of the pessimism around Bitcoin these days are also due to the uncertainity regards US presidential elections this year.

Anyway, fingers crossed that Bitcoin is going to surpass the 60,000$ barrier once again pretty soon!

This is a positive point for Bitcoin for Donald Trump to win the election, which is why the price of Bitcoin touched $56,000 to $60,000. However, the price of Bitcoin is likely to touch $70,000 this September, as investors are showing interest in more Bitcoins this September. Because there is a high probability that the price of Bitcoin will move towards a bull market from September, because the biggest bull market is in 2025, so I am standing in the near term.


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ivankoh
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September 15, 2024, 05:52:28 AM
 #84

Although there are not many big positive points, just part of the signal from the Trump regime announced, it can be positive in the short term. that is what I predict this September and bitcoin price will be around 65k$, there are not many signs of strong net inflow back into the market. And do not forget that this is the right fit of the bitcoin bull cycle i guess

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September 15, 2024, 10:02:57 AM
 #85

Anyway, fingers crossed that Bitcoin is going to surpass the 60,000$ barrier once again pretty soon!

It was never a doubt that Bitcoin was going to surpass $60,000 because Bitcoin always bounce back after correction and it just did after falling to $49,000 first week of August. It is a good sign that the market is trying to recover back to above $60,000 so early in September. Looking at the market and the way the price of Bitcoin is moving, it is safe to say we should not be falling below $50,000 again therefore a target of above $60,000 and close to $70,000 should be the next target for Bitcoin. Now that the price is above $60,000 we should not be too happy because the price can retest below $60,000 again though I am very optimistic about this month that Bitcoin is going to do very well. I have already bought some Bitcoin last month and I will be hodling untill the bull market gets to its highest price in 2025.

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September 15, 2024, 10:29:46 AM
 #86

Although there are not many big positive points, just part of the signal from the Trump regime announced, it can be positive in the short term. that is what I predict this September and bitcoin price will be around 65k$, there are not many signs of strong net inflow back into the market. And do not forget that this is the right fit of the bitcoin bull cycle i guess
Hopefully, the price can still have the power to lift to the high price. But if the price lost the support, we will see another correction that will coming. And if the price is down again, that will still a mystery how low the price can be while we don't have to worry or panic because that will be a good time to buy back Bitcoin. I am still figure out if the price will be around k in this month or we will see another dump but looking at the market now maybe we will see the next correction. Hopefully, that is just my prediction and will be wrong. But we still need to be careful with anything that can happen later.

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September 15, 2024, 12:15:46 PM
 #87

like what the majority votes did? i also voted for 49-65k value as we have been seeing this hard movement for bitcoin in the last 2 quarter .
what I was waiting is in October as we are counting the last quarter of the  year and this is the most exciting moment.

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September 15, 2024, 01:58:51 PM
Last edit: September 15, 2024, 02:24:05 PM by Marvell1
 #88



This is a positive point for Bitcoin for Donald Trump to win the election, which is why the price of Bitcoin touched $56,000 to $60,000. However, the price of Bitcoin is likely to touch $70,000 this September, as investors are showing interest in more Bitcoins this September. Because there is a high probability that the price of Bitcoin will move towards a bull market from September, because the biggest bull market is in 2025, so I am standing in the near term.



What news and data do you rely on to confirm that investors are more interested in bitcoin this September? Because I don't see any positive news in the first half of September like you said. The most important news for the market this month is the news about the Fed cutting interest rates, the market is interested in whether they will cut 0.25 or 0.5 for this interest rate cut and I believe this will have a more or less positive impact on the market. But if I say this news will help the market enter a bull run, I don't think so, for bitcoin to reach $70kthis month, we need more catalysts than just a rate cut.

Most people are pretty pessimistic about the market, you are the only one who is optimistic and that is commendable but we also need to be realistic.

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September 15, 2024, 05:03:45 PM
 #89

what I was waiting is in October as we are counting the last quarter of the  year and this is the most exciting moment.
Well, I think you're right, October is the month where we may see some good green candles. I'm not sure about other months but surely the month of October to December have been good months for the market and if history repeats itself then in those months we may see more bullish candles then we have seen in past few months. I even think that Bitcoin may form a new ATH in those 3 months.

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September 15, 2024, 10:28:01 PM
 #90

Two people who are quite optimistic, interesting.
I also think that indeed the market in September is not friendly to bitcoin, it's like a curse for bitcoin in September which is sad.

The price at the $50k level is indeed a very crucial price to see bitcoin going forward, but I think we will try it again in the near future, and we will see whether it will fall deeper or not until it drops to the $44-$48k level, but I don't think that will happen if institutions accumulate bitcoin again, as previously Blackrock did, they collected bitcoin when everyone was in a state of panic in August.

The best thing about it is that the outlook can change from one moment to the next and that can be a fact when we are looking for ways to do things much Better , for example some who buy with the DCA method can give them long-term results , but what happens if this month the Price reaches or shoots up to almost its last ATH ? That can happen , of course one thinks that things can be very good when everyone thinks that bitcoin will go down , but something that the market has taught me is that the masses are always wrong and the market makes the opposite Movement.

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September 16, 2024, 02:55:53 AM
 #91

like what the majority votes did? i also voted for 49-65k value as we have been seeing this hard movement for bitcoin in the last 2 quarter .
what I was waiting is in October as we are counting the last quarter of the  year and this is the most exciting moment.

I speculate that this might also depend on the presidential election in America. I reckon if the victory will go to the Donald Trump, we might witness a pump to another all time high, however, if the winner is Kamala Harris, it might be similar to what we are presently witnessing. There are rumors that grandma Warren and uncle Gary will be included in Kamala's cabinet. This will certainly not be good for the cryptospace.

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September 16, 2024, 02:18:10 PM
 #92

I reckon if the victory will go to the Donald Trump, we might witness a pump to another all time high,
There would be a good chance for a pump but that would be exactly that, a pump. It will not be able to get us to an all time high because for that we first need the economic crisis to end, specifically for the recession to end. Which is not going to happen as long as interest rates in half the world are high while inflation also remains high and energy prices don't seem to want to come down.

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September 16, 2024, 02:32:57 PM
 #93

I agree with the majority who say that Bitcoin is still range bound between 49k - 65k, because until now there has been no positive news that can push Bitcoin past its resistance point, there is only negative sentiment and some news that cannot be considered as a factor that can push the price of Bitcoin. Maybe it will stay like that or even decrease further until early October, that's according to my prediction and it could be wrong, but I'm pretty sure about that.

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September 16, 2024, 04:18:05 PM
 #94

Quote
This is a positive point for Bitcoin for Donald Trump to win the election, which is why the price of Bitcoin touched $56,000 to $60,000.

Trump or Harris might be important in FIAT and conventional finance but I dont see they are pivotal to BTC.    Influence of some sort but not the real reason, the biggest reason for BTC price to genuine grow is the simple amount of users.   The speculators drive up and down the price but I only describe that as volatility, overall politics isnt what I think drives BTC.


BTC ended the week well enough but its failed to rise above the 50 day average, right now we are just about positive for the last 8 days but to keep calling BTC positive requires more positive action.   This whole month is a struggle and further on to, it'll be a while till we can be sure of calling BTC in a growth area.

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September 16, 2024, 06:25:50 PM
 #95

like what the majority votes did? i also voted for 49-65k value as we have been seeing this hard movement for bitcoin in the last 2 quarter .
what I was waiting is in October as we are counting the last quarter of the  year and this is the most exciting moment.
I speculate that this might also depend on the presidential election in America. I reckon if the victory will go to the Donald Trump, we might witness a pump to another all time high, however, if the winner is Kamala Harris, it might be similar to what we are presently witnessing. There are rumors that grandma Warren and uncle Gary will be included in Kamala's cabinet. This will certainly not be good for the cryptospace.
We should consider this quite true, this is what I am waiting on as well, I think we should be considering this to eb changing and we should be considering that if we can see this election to end and then we could do something good. I believe that halving bull run will happen again, it will be a bit while after the halving as we know, usually takes about a year and that means after November which is why I think we should be considering this getting but at the end of the day when this election is over the increase will end up getting higher so I think we should be getting something better.

I believe that after the election everyone will feel better and investments will continue. Right now, we are seeing this changing the situation a lot more and that has to be something very important, most companies are waiting right now and that is why I think it's important and that is why I think we should be considering and that is why it's important since they will all join after elections.

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September 17, 2024, 04:10:31 PM
 #96

Lol, I laughed at the range between 49k and 65k, isn't that like a little bit too much? Cheesy It's clear that we are not seeing something huge there, but the reality is that it's a huge gap between those two prices, being between those two would be quite normal, if we could cut it to 5k chunks between 50k to 65k, then results would have been clearer to see what people think, now this way we put the person who says 50k and person who says 64k all on the same vote.

All funny side aside, I still think that we could reach 65k+ range, while I know it doesn't look likely with the fall we just saw, thankfully that fall happened early in the month, and because of that I think we still have a chance for a recovery to happen within September itself and we could see a higher price.
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September 17, 2024, 06:16:06 PM
 #97

Bitcoin price in August I thought the market will go up from here but August is all in dumping but I thought the market will go up in September but otherwise September is going through dumping more than August.  If the month of September goes through dumping then the market is expected to pick up from the month of October.  The end of September is not long, but by then the price of Bitcoin may rise to a maximum of 65,000.

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September 17, 2024, 06:18:21 PM
 #98

in the past bitcoin would fall into a strong bullish support state after the halving about 150 days, so late September or October is what i can expect, if bitcoin starts a bullish phase like the past cycles then i believe we are in for some positive days and momentum.

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September 18, 2024, 02:57:12 AM
 #99

Heheehe, it appears that presently there is a fear on the market which should cause us to become contrarians. Do no listen to these influencers or these larpers who want to be something similar to influencers hehe.

The contrarian in me has voted trend up above $65k. On the week before CZ's release from prison, this will be the beginning of a pump! Also, bitcoin has been inside a bull flag! This will will certainly pump if this bull flag is not broken.
At least the bleeding has top for now, Bitcoin is above $55k and I think it's good to see that we are in the support like and we all know that it can hold as long as it can. And then we could go and test at least $56k for this week, it's a price level that I think we can achieved in the next 24-48 hours at least.

We need to reclaim that level, to be able to bit a pronounce bull flag. And it might coincide with the news about CZ or whatever positive news that we can here to bring more investors again and maybe the sentiments in September will be totally different.

I reckon that you would certainly agree that bitcoin has very much reclaimed this after what we have witnessed after my post heheheh.

This is another good news for everyone who are predicting that bitcoin will not pump higher than $65,000 before the last day of September.


Rate cuts will likely benefit Bitcoin for a few different reasons. The first: Bitcoin is particularly sensitive to new money flooding the financial system.

“Bitcoin’s price has shown a strong positive correlation with global liquidity since its inception,” Brian Rudick, director of research at crypto trading firm GSR, told DL News.

There’s also the fact that Bitcoin’s hard cap on supply makes it a digital equivalent to gold in the eyes of many investors.


Read in full https://www.dlnews.com/articles/markets/how-bitcoin-ethereum-solana-will-react-to-the-fed-cut/

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September 18, 2024, 12:22:51 PM
 #100

Lol, I laughed at the range between 49k and 65k, isn't that like a little bit too much? Cheesy It's clear that we are not seeing something huge there, but the reality is that it's a huge gap between those two prices, being between those two would be quite normal, if we could cut it to 5k chunks between 50k to 65k, then results would have been clearer to see what people think, now this way we put the person who says 50k and person who says 64k all on the same vote.

All funny side aside, I still think that we could reach 65k+ range, while I know it doesn't look likely with the fall we just saw, thankfully that fall happened early in the month, and because of that I think we still have a chance for a recovery to happen within September itself and we could see a higher price.

Well I guess the OP might have a idea on what ranges it could have been this September, and if you clearly look at it, we barely touches $49,000, but we have a hard time reclaiming back $60,000 and then maintain at that level to reach $65,000.

But as we have seen throughout Bitcoin's history, it might take 2-3x attempt to break a round number. But once we break that number, we can surely surpassed it like cutting with a sharp object. So let's see this week, I do hope that can break that mental barrier again of $60,000, and who knows, this could be the last attempt and then we will see $62,000-$65,000 at the end of the month. We still have a lot of time to do that.

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