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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 1447 times)
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September 18, 2024, 01:16:05 PM
 #101



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.

We are more than halfway through September and bitcoin has been through some rough patches, and I think the rest of the month will be entirely dependent on the Fed's upcoming rate cut decision. If the Fed cuts by 0.25 basis points and continues to maintain a dovish stance, the target above $65k is quite achievable this month. But if Powell continues to maintain a hawkish stance after cutting rates, I think the market will react negatively in the short term.

With just a few hours to go until the Fed announces its decision to cut interest rates, let's wait and see how bitcoin reacts to the news. I predict Bitcoin price will drop as soon as the news is released and will start rising again a few days later.

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September 18, 2024, 07:54:52 PM
 #102



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.

We are more than halfway through September and bitcoin has been through some rough patches, and I think the rest of the month will be entirely dependent on the Fed's upcoming rate cut decision. If the Fed cuts by 0.25 basis points and continues to maintain a dovish stance, the target above $65k is quite achievable this month. But if Powell continues to maintain a hawkish stance after cutting rates, I think the market will react negatively in the short term.

With just a few hours to go until the Fed announces its decision to cut interest rates, let's wait and see how bitcoin reacts to the news. I predict Bitcoin price will drop as soon as the news is released and will start rising again a few days later.

When is the next report though as far as the Fed cuts goes?

I also do agree that this news could be very positive not just for crypto but for all financial markets in general. I do understand that others might not believed about this news not affecting the market, but for me, anything positive or negative coming from the US will have some impact on us. So let's see how the reports will be, so far the price is back to $60k'ish and hopefully we can stay at that price this month and if everything goes well, we might see $65k.

 
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September 18, 2024, 08:10:54 PM
 #103



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.

We are more than halfway through September and bitcoin has been through some rough patches, and I think the rest of the month will be entirely dependent on the Fed's upcoming rate cut decision. If the Fed cuts by 0.25 basis points and continues to maintain a dovish stance, the target above $65k is quite achievable this month. But if Powell continues to maintain a hawkish stance after cutting rates, I think the market will react negatively in the short term.

With just a few hours to go until the Fed announces its decision to cut interest rates, let's wait and see how bitcoin reacts to the news. I predict Bitcoin price will drop as soon as the news is released and will start rising again a few days later.

And it depends on the size of the Fed cuts as well, it could be 0.25-0.50. And everyone is anticipating that there will be a Fed cut for this month. And if that happens, I believed that $65,000 at the end of the month is very doable.

And yes, the decision will shape the path of financial markets, specially short to medium terms.

So let's wait and see what the decision will be, and if it favors us, then the next resistance will be $62,000 before hitting $65,000 at the end of this month.

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September 18, 2024, 11:45:43 PM
 #104

I'm a bit optimistic about the price and that we may see it going higher than it is currently at $57,885.67. September is usually shaky for it's price but we'd agree that what we've been seeing in previous years is way different in a positive way in terms of price movement this year so it's just best to wait and watch.
 I expect price to hit the $60 something range this month and remain there.

This is something I also think will happen to the market by end of this month. We are more than halfway into September and the market have hit and traded above the $60 mark more than one times already. If the market continue to hit that resistance there, it may possibly break it out and when it does, by the end of the month, bitcoin could be trading above or within the range of $65K. September is usually shaky and not a good month for bitcoin, but that does not necessarily mean this time around it’ll still trade on that same path and won’t make it to a better price by the end of the month.

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September 19, 2024, 10:22:36 AM
 #105

I'm a bit optimistic about the price and that we may see it going higher than it is currently at $57,885.67. September is usually shaky for it's price but we'd agree that what we've been seeing in previous years is way different in a positive way in terms of price movement this year so it's just best to wait and watch.
 I expect price to hit the $60 something range this month and remain there.

This is something I also think will happen to the market by end of this month. We are more than halfway into September and the market have hit and traded above the $60 mark more than one times already. If the market continue to hit that resistance there, it may possibly break it out and when it does, by the end of the month, bitcoin could be trading above or within the range of $65K. September is usually shaky and not a good month for bitcoin, but that does not necessarily mean this time around it’ll still trade on that same path and won’t make it to a better price by the end of the month.
We've hit $62,500 already and it's because of the news that the FED announced the cutting of rates to 0.50. So everyone is very happy about it and it's been like years before we have heard about this huge cutting rates by the FED, and if I'm not mistaken, it before the pandemic. Anyhow, I have been anticipating this since last night, that finally we will see this news coming from them and I was right all along. So let's see, the voters in this poll see a sideway patterns up to $65k, so who knows, maybe at the end of the month we will also reach that one or even higher at $68k. And this positive news could bring the momentum that we all have been waiting right after the halving. So in the last 3 months might culminate into a new ATH at the end of the year.

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September 19, 2024, 10:54:23 AM
 #106

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 think there is a quarter where we reach a new ATH and the rest is like you said, we experience a stability as usual. It is only a bit hilarious since BTC is known to be a highly volatile crypto Cheesy. If it's been too long that we have stayed on this range, then I think we must think of a change now. Like you, a lot of people are also waiting for the last quarter and the month of October is the start of it. Anyways, September still has a 'ber' on its name, hence this is why it is called as a ber month Grin. It is just that it only belongs in the 3rd quarter.

I still expect something better to happen on this month. You mentioned 'most exciting moment' there on your last sentence but I think that wasn't really October but it was December, not only in terms of crypto pumps but also in general.

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.
At first sight, they don't have any relation but if we pause and think, we will realized that there are candidates who are now into BTC and I heard that they even mentioned it on their debates. So you are right there that this can also depend on it. I don't know if what is the stance of Harris in BTC or on cryptos but if she is against with it, then her winning the election will also have a negative effect on the said currencies. The price now is what I can say still in good condition but if Harris wins, I'm afraid that they will dumped a lot.

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September 19, 2024, 11:08:09 AM
 #107

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.


Donald Trump's victory in the US election may have a positive effect on the Bitcoin market. We saw on September 18 that former US President Donald Trump paid in Bitcoin after purchasing Dozens of burger at a bar in New York. The Republican candidate paid for the burgers using an app called Strike, which was originally built on the Lightning Network. Maybe this is also the reason why the price of Bitcoin has bullish in recent times.

According to today's market cap Bitcoin price has already reached above $62,000, but we are still not sure if it will touch $70,000 in September. We saw in the market a few days ago that after the price of Bitcoin touched 61 thousand dollars, it went down again to 57 thousand dollars, in fact, the Bitcoin market creates anxiety in us every moment.

R


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September 19, 2024, 11:52:08 AM
 #108

Still a long way to go till the end of the month, but looks like market regains optimism.
At the current price of $62,550, we are 6% up from the beginning of the month. And although Septembers historically tend to be "red" months, we had a "green" September last year (+4%) so nothing stopping Sep this year to do the same.

Some fear that the recent 0.5% interest rate cut by Fed (instead of the expected 0.25%) is a bad sign and indicates that the economy is not doing very well since it needed that much of a boost. And since Bitcoin's price is still correlated to stocks, it could mean that we are up for a downtrend later this year.

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September 19, 2024, 12:40:11 PM
 #109

Still a long way to go till the end of the month, but looks like market regains optimism.
At the current price of $62,550, we are 6% up from the beginning of the month. And although Septembers historically tend to be "red" months, we had a "green" September last year (+4%) so nothing stopping Sep this year to do the same.
For history now in September it seems like the opposite direction where green is more vibrant than red... This increase cannot be stopped even though I know there are still a few more weeks to see the movement, it's just that I am optimistic that the price can stay above $60K if you see the current market sentiment.

Could be in the next month bitcoin will be more bullish? We know next month has a lot to look forward to because as far as always recorded this is an up month for BTC although I don't know what happens later... Hoping bitcoin stays bullish.

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September 23, 2024, 12:53:12 AM
 #110


Could be in the next month bitcoin will be more bullish? We know next month has a lot to look forward to because as far as always recorded this is an up month for BTC although I don't know what happens later... Hoping bitcoin stays bullish.

So far the pace that bitcoin is taking is very positive and I like that, with luck I can see that it can hold up this month, but by November I think there will be a lot of uncertainty, I don't know, but since the US elections are here it can greatly affect the market, of course it is not decisive, but it becomes a good fundamental to determine whether the price will continue to rise or fall abruptly, it is not necessary to say who it will go down and for whom it can go up, I think the important thing is to take advantage of the market opportunities, if the price goes down, the ideal thing is to buy a lot of btc, as much as you can.

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September 23, 2024, 05:30:22 AM
 #111

Well now price of Bitcoin is pumping and we are making big profits. It is up 9 percent in just the last 7 days. And there is rumors this is not just the start for us for a 'bull run'.

For me I am 'bullish' when I do see MicroStrategy buying more coins. They did just buy another 7,420 Bitcoins this week. I do think we are going to see price of $70,000 very soon. So do not sell your coins just keep HODL.

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September 23, 2024, 11:37:47 AM
 #112

I'm a bit optimistic about the price and that we may see it going higher than it is currently at $57,885.67. September is usually shaky for it's price but we'd agree that what we've been seeing in previous years is way different in a positive way in terms of price movement this year so it's just best to wait and watch.
 I expect price to hit the $60 something range this month and remain there.

This is something I also think will happen to the market by end of this month. We are more than halfway into September and the market have hit and traded above the $60 mark more than one times already. If the market continue to hit that resistance there, it may possibly break it out and when it does, by the end of the month, bitcoin could be trading above or within the range of $65K. September is usually shaky and not a good month for bitcoin, but that does not necessarily mean this time around it’ll still trade on that same path and won’t make it to a better price by the end of the month.
We've hit $62,500 already and it's because of the news that the FED announced the cutting of rates to 0.50. So everyone is very happy about it and it's been like years before we have heard about this huge cutting rates by the FED, and if I'm not mistaken, it before the pandemic. Anyhow, I have been anticipating this since last night, that finally we will see this news coming from them and I was right all along. So let's see, the voters in this poll see a sideway patterns up to $65k, so who knows, maybe at the end of the month we will also reach that one or even higher at $68k. And this positive news could bring the momentum that we all have been waiting right after the halving. So in the last 3 months might culminate into a new ATH at the end of the year.
We can expect Bitcoin to regain its momentum due to interest rate cuts. Investors are eager to regain confidence. I applaud the reduction of 0.50 percent. In this regard, I must say that the Fed has taken a good decision. In the meantime, its positive impact has started to fall on the market. Currently Bitcoin price is hovering above $63,000 and we will easily see it go to $65,000. We are almost at the last week of this month. If it continues like this, maybe it will move towards $70,000. I don't expect that desired bullish movement in Bitcoin in September but that kind of journey could start from this position. There will be various campaigns in the market around the upcoming November election, some will play the market with Trump and some with Harris.

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September 24, 2024, 04:03:51 PM
 #113

We can expect Bitcoin to regain its momentum due to interest rate cuts. Investors are eager to regain confidence. I applaud the reduction of 0.50 percent. In this regard, I must say that the Fed has taken a good decision. In the meantime, its positive impact has started to fall on the market. Currently Bitcoin price is hovering above $63,000 and we will easily see it go to $65,000. We are almost at the last week of this month. If it continues like this, maybe it will move towards $70,000. I don't expect that desired bullish movement in Bitcoin in September but that kind of journey could start from this position. There will be various campaigns in the market around the upcoming November election, some will play the market with Trump and some with Harris.
I am sure that when the election happens and goes away, we can finally start moving, I always trust that notion. I know that some people will connect that to elections itself, but who wins will be irrelevant, no matter who wins, people are waiting for the president to be decided before they start making decisions and when they do that I am pretty sure that we are going to see this happen and we are going to end up with some profits because the bull run will start.

This is something that I think it will take some time but it is going to be fine, I think it's clear that we are going to see this growth overtime and when it's done, it will be better. For September, it looks like we are going to probably be stable after this point, doesn't seem like anything is moving.

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September 25, 2024, 12:59:01 AM
 #114

Must be a Lunar cycle deal or something, end August almost to the day we had these same prices.    Its stuck a bit here, Iam waiting for some conclusion but from past memory when a BTC price is in emphasis or underlined in some way it seems to take far longer to decide which path up or down we are to take.

If we dont break upwards now, it'll fail the sequence of gains since the early September low.  Presumably this makes a sell off more likely, any time the positive narrative fails it should lead to some selling from speculators closing their positions.   I was guessing it does occur before end of September but I bet it just plays dead and rolls sideways before making a move just to irritate me.

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September 25, 2024, 03:21:01 AM
 #115

It seems that everyone could have guess where the price could be, we says it's going to be sideways, but we are in the higher end of the pattern and we could even break it at $66k if the trend continues, or at least everyone now for this month is very bullish.

We have a full week to break and reach the highest high, and if we did, we should be looking for a bullish momentum next month that could translate to us reaching $70k again and at the end of the year, maybe new all time high.

 
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R


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September 25, 2024, 12:45:23 PM
 #116

The market is looking iffy again and looking like it's gonna go for another chop as it's failing in breaking out of the local top made exactly a month ago...  Hopefully the chop doesn't take BTC below 60k again.  As that would totally suck and a lot of people who got in because on this run would be in the red.  And it could mean one thing...  They sell while they're able to and keep their losses small but it would in effect push the price lower.

But yeah, that's just me.  What do you guys think?  We in for a chop below 60k?

R


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September 25, 2024, 05:43:43 PM
 #117

The market is looking iffy again and looking like it's gonna go for another chop as it's failing in breaking out of the local top made exactly a month ago...  Hopefully the chop doesn't take BTC below 60k again.  As that would totally suck and a lot of people who got in because on this run would be in the red.  And it could mean one thing...  They sell while they're able to and keep their losses small but it would in effect push the price lower.

But yeah, that's just me.  What do you guys think?  We in for a chop below 60k?
Hard to see, but the sentiments are still true isn't it? Most speculators have voted on the sideways patterns and that's what we are still seeing. We also have to take into consideration the end-of-month bitcoin options expiry, this is going to be huge and personally, we might see a sell-off. And if that happens, then we could be on another retest of $60k. But if we maintain and and traders adjusted because of the bitcoin options expiry, then we might be go and see the price testing the $65k price range entering the month of October. So still very volatile and there could be negative or positive swing this Friday so everyone should be on the look out.

R


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September 26, 2024, 06:40:57 AM
 #118

The market is looking iffy again and looking like it's gonna go for another chop as it's failing in breaking out of the local top made exactly a month ago...  Hopefully the chop doesn't take BTC below 60k again.  As that would totally suck and a lot of people who got in because on this run would be in the red.  And it could mean one thing...  They sell while they're able to and keep their losses small but it would in effect push the price lower.

But yeah, that's just me.  What do you guys think?  We in for a chop below 60k?
the selling pressure doesn't seem to be that strong, always pulled back around resistance but also never went too deep literally it just goes sideways around $62500 and $64800, but just in case, I already set up long position with limit order around $58k in case it drops again, but I think even if it drops that low doesn't mean bullrun is ended or cancelled, I think instead if it truly retouch that price mark again, bitcoin can shoot up to higher point around $68k and then $70k.

if market decided to just went up suddenly it's great, but if somehow it dumped then I guess it's another opportunity to long from another support.

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September 26, 2024, 10:05:52 AM
 #119

The market is looking iffy again and looking like it's gonna go for another chop as it's failing in breaking out of the local top made exactly a month ago...  Hopefully the chop doesn't take BTC below 60k again.  As that would totally suck and a lot of people who got in because on this run would be in the red.  And it could mean one thing...  They sell while they're able to and keep their losses small but it would in effect push the price lower.

But yeah, that's just me.  What do you guys think?  We in for a chop below 60k?
I feel like if it does fail and if it starts to go up anytime soon, we are definitely going to see the price end up being a lot lower than 60k. But, I am not sure about the failure just yet, I am not sure about the drop yet, it is looking like it is trying to go higher and yes it's true that it is failing to do that for the time being but at the same time we are talking about something that is taking a bit of time and not looking all that bad at the moment at all.

We are going to see this changing with time, and we are going to see this getting a lot different results eventually. So we need to consider this as something that is taking a while and we shouldn't really be considering this as something that is taking that much time neither.

.
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September 26, 2024, 12:47:27 PM
 #120

The market is looking iffy again and looking like it's gonna go for another chop as it's failing in breaking out of the local top made exactly a month ago...  Hopefully the chop doesn't take BTC below 60k again.  As that would totally suck and a lot of people who got in because on this run would be in the red.  And it could mean one thing...  They sell while they're able to and keep their losses small but it would in effect push the price lower.

But yeah, that's just me.  What do you guys think?  We in for a chop below 60k?
Hard to see, but the sentiments are still true isn't it? Most speculators have voted on the sideways patterns and that's what we are still seeing. We also have to take into consideration the end-of-month bitcoin options expiry, this is going to be huge and personally, we might see a sell-off. And if that happens, then we could be on another retest of $60k. But if we maintain and and traders adjusted because of the bitcoin options expiry, then we might be go and see the price testing the $65k price range entering the month of October. So still very volatile and there could be negative or positive swing this Friday so everyone should be on the look out.

Mmm...  Now the market is getting strong again.  Lolol.  I hope it continues til next month as my alt holdings PYTH, W and ZRO are getting bought up real good.  Grin

And it would be funny if the 5 guys who voted for BTC going above 65k are right and it would actually happen and really stay up there.  Cheesy  I mean how long has it been since BTC was comfy above 65k?  It never stayed up there for a long time.  And I mean comfy above 65k.

R


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