BTC Sentiment Poll for February

[Wind_FURY]

As the market already hit above $70,000 and stops at $71,700 and also fall down to around $67,000 that has made us not to figure out in which direction the market may take for the next week coming, if the market falls further, then $71,000 may be its resistance, but if we realize bullish move this coming week, then $70,000 will be the support zone while the market can rise to around $78,000 while we can choose to make our own research by ourselves on what to expect further any moment from now, because the market is already in it's decision making stage to either rise or fall.

There's a higher probability that Bitcoin will be making mini-surges, then larger mini-crashes, like it was doing during the Bear Cycle in 2022, no?

 

But we will NEVER actually know. What's actually more important is to know what to DO during the DIP, and knowing what to DO after your bids are filled after the DIP.

Buy the DIP, and HODL.

[Taskford]

As the market already hit above $70,000 and stops at $71,700 and also fall down to around $67,000 that has made us not to figure out in which direction the market may take for the next week coming, if the market falls further, then $71,000 may be its resistance, but if we realize bullish move this coming week, then $70,000 will be the support zone while the market can rise to around $78,000 while we can choose to make our own research by ourselves on what to expect further any moment from now, because the market is already in it's decision making stage to either rise or fall.

There's a higher probability that Bitcoin will be making mini-surges, then larger mini-crashes, like it was doing during the Bear Cycle in 2022, no?

 

But we will NEVER actually know. What's actually more important is to know what to DO during the DIP, and knowing what to DO after your bids are filled after the DIP.

Buy the DIP, and HODL.

And I agree with what you have said since market would provably thrives on those surges happen than with those mini crashes happening in the market. The tricky part is not about prediction those movement, but rather on how people position on those situations, Buying when there's a dip occur is good, but they also need discipline to make it happen.

What people need to realize is that they should not panic and sell because they are scared and much better they hold their horses then stay relax even if other people is panicking. To HODL is not only a word since this shows how people have good discipline and know how to manage the risk they are facing.

[Powerjumboo]

The monthly polls are back after skipping January as I already said a month or so ago.  

Anyway, just by looking at the monthly chart, I don't think BTC has had 4 red monthly candles in a row before.  So I'm thinking 5 red monthly candles should be very unlikely right..?  

But what do you guys think?  Will Feb end in the green or in the red?

I thought the market would increase a lot after seeing the price of Bitcoin in January, but as we enter February, we see a situation in the Bitcoin market where it doesn't seem like we will be able to end February with a green candle. We haven't seen such a dumping in the past one or two years as we did in February. Many have made positive predictions about this month of February, but we are seeing an exception. However, from my personal prediction, I can say that this month of February will end in the red.