Bitcoin sentimental discussion for November

[Zaguru12]

This Bitcoin price increases that is always tied on Donald Trumps, does it mean he buys more of Bitcoins when he gains positive awareness or he sells his Bitcoin assets when he fails to achieve those positive expectations surrounding within his political ambitions that he has so much effect on Bitcoin like that as speculated? Or does he
also influences those huge whale accumulators with related action with their Bitcoin?
The last time I remembered when Donald Trumps was on debate with Kamala Harris, Donald Trumps was slammed but yet Bitcoin price was popped (increased)  
So I really don't know how and why Trump is usually an in-between on Bitcoin price.

It is not about Trump buying a bitcoin or selling off because no amount of bitcoin that trump can buy that can actually pump up high the market or a sell off, the amount of bitcoin needed for that is definitely way much that he can spend now on a bitcoin. The effect of Trump on bitcoin is felt when the investors actually shift their market sentiment towards his decision, the bitcoin price is affected by demand and supply and categorically this is influenced by the investors sentiment.

The main reason why many people feel like should trump wins there is going to be a pump is because he is seen as some inclined to supporting the decentralized market so should he wins more investors will be bullish on the perspective that his regime will bring in new relaxed and flexible restrictions to the space and as such this bullish sentiment will lead to more demand and increases the bitcoin price and vice versa should he lose.

My take is always to actually stick with the historical data and it is that bitcoin price will pump up base on the historical trend as such with market price moving close to a new ATH last month I believe we will be getting a new one this month

[bullrun2024bro]

In my opinion, the trend of bitcoin in November depends entirely on the election results. If Trump loses, don't expect the market to continue to rise and the bull season will be delayed further.

Yep, pretty hard to tell before the US election on Tuesday. However, the polls on Polymarket seem to be flawed and I really doubt there is such a big margin.

A Trump win likely sends us to new all-time highs quite quickly, maybe even a sick election daily candle on Wednesday. If Kamala wins (which is quite possible, if you go out the crypto election bubble) we might get a decent dip. However, imho this dip is for buying. No clue if we get all-time highs in November then, but midterm it doesn't matter who wins in the US.

That's why I am pretty confident we will get higher prices in 2025, likely above $100k.

[cabron]

This Bitcoin price increases that is always tied on Donald Trumps, does it mean he buys more of Bitcoins when he gains positive awareness or he sells his Bitcoin assets when he fails to achieve those positive expectations surrounding within his political ambitions that he has so much effect on Bitcoin like that as speculated? Or does he
also influences those huge whale accumulators with related action with their Bitcoin?
The last time I remembered when Donald Trumps was on debate with Kamala Harris, Donald Trumps was slammed but yet Bitcoin price was popped (increased)  
So I really don't know how and why Trump is usually an in-between on Bitcoin price.

It is not about Trump buying a bitcoin or selling off because no amount of bitcoin that trump can buy that can actually pump up high the market or a sell off, the amount of bitcoin needed for that is definitely way much that he can spend now on a bitcoin. The effect of Trump on bitcoin is felt when the investors actually shift their market sentiment towards his decision, the bitcoin price is affected by demand and supply and categorically this is influenced by the investors sentiment.

The main reason why many people feel like should trump wins there is going to be a pump is because he is seen as some inclined to supporting the decentralized market so should he wins more investors will be bullish on the perspective that his regime will bring in new relaxed and flexible restrictions to the space and as such this bullish sentiment will lead to more demand and increases the bitcoin price and vice versa should he lose.

My take is always to actually stick with the historical data and it is that bitcoin price will pump up base on the historical trend as such with market price moving close to a new ATH last month I believe we will be getting a new one this month

ATH this month is very possible. The weekly chart seems to have a good indication that it will bounce up to new heights. Based on the data above, the month of Nov is greener almost all the time. Although the monthly chart is where it gets confusing, probably the reason why there are still large institutions that are not getting in.

A lot is still not holding though. It seems ideal to trade in the 4-hour chart just observing the up and downtrend fluctuation of the prices.  

[BABY SHOES]

It will be Novembull... 

I saw some tweets from Elon Musk saying the polls say Trump will win, some other news Kamala Harris will win... It's a different perspective but we don't know who will win yet because the election is coming up.
Since the last few days bitcoin has decreased this may be due to other negative news effects.

If Trump wins there is a possibility of bitcoin going up this month, I see in terms of Trump continuing to push bitcoin.

[skarais]

It will be Novembull... 

Expected, but bitcoin can move in any direction so it is impossible to ignore any one of them.

I saw some tweets from Elon Musk saying the polls say Trump will win, some other news Kamala Harris will win... It's a different perspective but we don't know who will win yet because the election is coming up.
Since the last few days bitcoin has decreased this may be due to other negative news effects.

If Trump wins there is a possibility of bitcoin going up this month, I see in terms of Trump continuing to push bitcoin.

Regardless of who wins the presidential election, I think we should know what to do with these investments. Preparing everything from now on is certainly necessary, it is anticipation so that we don't miss the moment. If bitcoin goes down, then we should know what needs to be done, and vice versa. But I hope there aren't any really bad panic attacks this month regardless of who the winner is, every investor needs to consider a lot of things.

[As-Soon-As]

This month of November the bitcoin price showed a downward trend since the month of October was uptober that is why the price of bitcoin came chrome in the month of October. One of the reasons for this Bitcoin dumping is attributed to the election of Trump, as the election is coming up soon and there has been some violence in the election campaign which is usually blamed for dumping the price. However, there is a bit of a political touch to the current decline in Bitcoin, but this could be an opportunity to reinvest in Bitcoin. Since we are in a bull market it is most likely to pump again at any time as the current dumping will be more pumping.

[BABY SHOES]

I saw some tweets from Elon Musk saying the polls say Trump will win, some other news Kamala Harris will win... It's a different perspective but we don't know who will win yet because the election is coming up.
Since the last few days bitcoin has decreased this may be due to other negative news effects.

If Trump wins there is a possibility of bitcoin going up this month, I see in terms of Trump continuing to push bitcoin.

Regardless of who wins the presidential election, I think we should know what to do with these investments. Preparing everything from now on is certainly necessary, it is anticipation so that we don't miss the moment. If bitcoin goes down, then we should know what needs to be done, and vice versa. But I hope there aren't any really bad panic attacks this month regardless of who the winner is, every investor needs to consider a lot of things.

If Donald Trump wins then it's great if bitcoin continues to crawl... Because we have prepared bitcoin in advance by means of DCA.
Kamala won maybe some people said bitcoin went down ... No problem we can buy in certain situations because after the presidential election is not the determinant for the real bullrun.

But indeed with the US Election this time it still concerns bitcoin.

[Popkon6]

This month of November the bitcoin price showed a downward trend since the month of October was uptober that is why the price of bitcoin came chrome in the month of October. One of the reasons for this Bitcoin dumping is attributed to the election of Trump, as the election is coming up soon and there has been some violence in the election campaign which is usually blamed for dumping the price. However, there is a bit of a political touch to the current decline in Bitcoin, but this could be an opportunity to reinvest in Bitcoin. Since we are in a bull market it is most likely to pump again at any time as the current dumping will be more pumping.

Bitcoin prices have only been dumping since the first of November, but you are right that Trump's election has had some impact on Bitcoin prices due to his rivalry and corruption. I realized this directly in a news, but if Trump wins the election, Bitcoin price will definitely go up a bit. 

You can see the correlation of the dumping of bitcoin price on political issues: https://decrypt.co/289824/bitcoin-slips-trump-odds-plummet-liquidations

However, in November 2024, the price of Bitcoin will be under the control of investors, as investors can easily invest in Bitcoin. This 2024 Bitcoin price is very likely to touch the highest level of $80 thousand, and its impact will hit the highest level in 2025. And next time bitcoin price will pump more and make new record bitcoin price.

[JeffBrad12]

This month of November the bitcoin price showed a downward trend since the month of October was uptober that is why the price of bitcoin came chrome in the month of October. One of the reasons for this Bitcoin dumping is attributed to the election of Trump, as the election is coming up soon and there has been some violence in the election campaign which is usually blamed for dumping the price. However, there is a bit of a political touch to the current decline in Bitcoin, but this could be an opportunity to reinvest in Bitcoin. Since we are in a bull market it is most likely to pump again at any time as the current dumping will be more pumping.

indeed it might be very well be the case of selling at the news, as such thing has happened quite frequently, whenever an event that could strongly influence the price of BTC comes up, the price just going up slowly then dump when the event happened.

same thing in this case I guess, it could be that we are just accumulating for the next rally as pullback is to be expected.

but it also can be people are so anxious with election outcome that they can't help but sell BTC at relatively high price just in case.

either way I still think BTC still i the trajectory for bullrun, as it still doesn't go below $60k again.

[Strongkored]

Bitcoin seems to be weakening in the first few days of November, but I just think the US presidential election is just a tool used to influence the market, and isn't that what we often see that current events are often used as reasons for Bitcoin to go down or up.
Who wins? Of course the holders because they will tend to ignore the negative news and just believe Bitcoin will still go higher

[Ricardo11]

Bitcoin seems to be weakening in the first few days of November, but I just think the US presidential election is just a tool used to influence the market, and isn't that what we often see that current events are often used as reasons for Bitcoin to go down or up.
Who wins? Of course the holders because they will tend to ignore the negative news and just believe Bitcoin will still go higher

Although Bitcoin showed some weakness at the beginning of November, the US presidential election will start tomorrow, and this election will serve as a strong reason for the positive movement of Bitcoin's price. Although many are worried about who will win, the real winners will be the holders. Because if Trump loses in the US presidential election, we may see a negative movement of Bitcoin this year, but Bitcoin will definitely recover in the future. In 2025 we will definitely see a lot of growth in Bitcoin. Hence the investor should believe in long-term prospects. It will surely cross $1M over time And for this it just takes time.

[fuguebtc]

-.-

It will surely cross $1M over time And for this it just takes time.

We haven't even crossed the $100k goal yet, so thinking about something so far away and intangible is unrealistic. $1 million for a bitcoin sounds exciting and interesting but did you know that would bring bitcoin's market capitalization to $21 trillion? That is not a small number and not easy to achieve, we should consider and evaluate realistically instead of listening to the baseless predictions of experts out there.


As for bitcoin price prediction this year, of course the holders will win no matter who is elected but we have been waiting for 3 years and that is not a short time. If things continue to stagnate and drag on for much longer, I'm not sure how many people will get excited and hold bitcoin. So for me, the election results and their policies are really important for the market, so I hope the pro-bitcoin candidate wins.

[Frankolala]

With or without the election, bitcoin will be bullish this month of November, because we are in the bull run and we are getting closer to the peak which we are expecting by the first Q1 of next year. Bitcoin price needs to start uptrend movement for history to repeat itself again and a new ATH will be recorded. It is just that if Trump wins we can achieve this faster, and we might see a higher price of ATH than if Kamala wins. I don't also believe that if Trump wins, bitcoin price will only keep pumping till it gets to a $100k, we will still experience price dips.

[Swordsoffreedom]

With or without the election, bitcoin will be bullish this month of November, because we are in the bull run and we are getting closer to the peak which we are expecting by the first Q1 of next year. Bitcoin price needs to start uptrend movement for history to repeat itself again and a new ATH will be recorded. It is just that if Trump wins we can achieve this faster, and we might see a higher price of ATH than if Kamala wins. I don't also believe that if Trump wins, bitcoin price will only keep pumping till it gets to a $100k, we will still experience price dips.

If there were no elections or if politicians did not mention it and use it as a tool in elections, things would probably be much more predictable. But with bitcoin and the crypto industry tied to the presidential candidate, things could get turned upside down and even worse if he doesn't win.


Based on the 4 year cycle we have been in a bull market but honestly, I don't feel like it. Do you feel like we are in a bull market? From my observations on forums, social media and investors around, I don't see the market being as optimistic or excited about us being in a bull market as many would expect.


Bitcoin won't skyrocket to $100,000 if Trump wins, but at least his victory will create excitement and catalyze a strong bull run in the market.

[Botnake]

Bitcoin won't skyrocket to $100,000 if Trump wins, but at least his victory will create excitement and catalyze a strong bull run in the market.

We’re about to see how things unfold, but honestly, Bitcoin’s already in a good place, nearing its current ATH. Even if the price dips a bit - right now we’re at $68k...that’s not much of a drop. I believe that once the market gets fully bullish and closes in on its ATH, it’ll push through and break it. So, I’m not too concerned about the election outcome. Bitcoin has been through plenty of elections before and it’s still here, growing in adoption. There’s really nothing to worry about.

[danherbias07]

Nah, even if Kamala Harris wins, I don't think Bitcoin will drop to a number that will surprise us. The ETF will probably help to lock it on a number where it cannot go down anymore. I know there's a thing about Gary Gensler but I think Bitcoin's community is very large now that it won't be easy to dump it anymore. Those who will do it might have a difficult time for re-entry if they do, so doubt will linger on them.

I did believe in the Ber months where people have more money to spend but Bitcoin's market in the past years has proven me wrong so Ber months could just become a silent market for it. If Trump wins though, it might be different. Well, let's see.

[michellee]

I am not sure about what will happen to Bitcoin price this month. But I hope that we can see the increasing for Bitcoin price and break the last ATH. But even if that can not happen in this month, Bitcoin will have more opportunities to increase in the next months. So we don't have to thinks about the price increases or stay at the current price now.

We need to be ready with anything that can happen so we can use the situation for our benefits. So when the price finally increase this month, that will be a good news for us. The bull run will comes soon. The presidential election may impacts with the crypto market and other market so we need to be careful and be ready for that.

[mirakal]

In my opinion, the trend of bitcoin in November depends entirely on the election results. If Trump loses, don't expect the market to continue to rise and the bull season will be delayed further.

Yep, pretty hard to tell before the US election on Tuesday. However, the polls on Polymarket seem to be flawed and I really doubt there is such a big margin.

A Trump win likely sends us to new all-time highs quite quickly, maybe even a sick election daily candle on Wednesday. If Kamala wins (which is quite possible, if you go out the crypto election bubble) we might get a decent dip. However, imho this dip is for buying. No clue if we get all-time highs in November then, but midterm it doesn't matter who wins in the US.

That's why I am pretty confident we will get higher prices in 2025, likely above $100k.

I guess with or without US election, bitcoin price is still bound to reach its new ATH if not this year, hopefully by early next year. However, given if the election result favors on Kamala over Trump or the vice versa, still no one can predict specific price movement for bitcoin. It depends actually on how bitcoin and its market reacts to the current trends and even macroeconomic conditions. Different factors come with different effects on the market. If the outcome creates a positive effect for bitcoin, then most likely bitcoin price will surge high, but if it’s the contrary, then bitcoin price is expected to drop once again.

[bullrun2024bro]

I guess with or without US election, bitcoin price is still bound to reach its new ATH if not this year, hopefully by early next year.

Pretty likely, yep.

~

A strong US economy is much more important than the presidential election. No matter who wins tomorrow. If the economy remains strong, we will see higher Bitcoin prices in the future.

It's always been like that, solid economic data counts much more than vague words from politicians that may still change after the election.

For that reason, I don't think a Kamala win is terribly bad for Bitcoin and a Trump win is not super positive for Bitcoin.

If we get dips, you buy them.

[Pandu Geddon]

We do not know yet who is going to win. And also without knowing yet who would win, do you think bitcoin price will increase this month?

We have seen a small drop now but I don't think it will be deeper. this month the chart might move sideways even when the election announcement is published it might not have a big impact. The end of the month or early next month might be a good moment when Bitcoin is moving pretty stable now.
I don't know how much impact the election will have on the current bitcoin price. but I hope it really makes a new ATH instead of a long term drop.