BTC Sentiment Poll for September

[tokeweed]

So it really feels like everybody was happy about the last minute rally in BTC so I changed the poll into a simpler one since copying the one from August and July won't really suit the current market condition.

And again...  The poll isn't about getting it right.  It's how you honestly feel rn. 

Here's the monthly chart.  BTC up almost 25% for August.

[PostQuantumBTC]

I do not know what people call the bear market right now. If bitcoin going back to $70000 can be called bear market, I think bitcoin is going back to $70000.

There was a very massive buy recently that can convince people but this may slowly did down. The bull market will begin next year but bitcoin may not fall below $60000 again.

And again...  The poll isn't about getting it right.  It's how you honestly feel rn. 

[Bd officer]

I voted no.

I think we are not out of the bear market yet. I think Bitcoin price may fall below $70k again before the bull run starts. I have seen many people hoping for $50k or below but I don't think Bitcoin price will fall below $60k. Maybe Bitcoin has set a bottom price but it is unknown because no one can say anything about Bitcoin accurately.

Actually, many people did not expect Bitcoin price to increase so much at this time but many investors are happy to see Bitcoin price increase. Finally, I would like to say that we should just hodl.

[aoluain]

Before this rally there was a bearish sentiment with a lot of people expecting September/October
for the market to start trending towards a Bull mark.

The recent rally was likely caused by short positions getting liquidated with a domino effect, and
the same could quite easily happen to all the hopeful long positions just after being placed.

Earlier the market struggled to push up past $58k and once crossed struggled to get down to it
so that could be the low point.

So yes ATM I'm still DCA'ing but I expect a pull back.

[Zaguru12]

And again...  The poll isn't about getting it right.  It's how you honestly feel rn.  

Here's the monthly chart.  BTC up almost 25% for August.

Bitcoin simply took all of us who predicted bearish in the month of August out, seriously 23% up in the month of August was something that I don’t think any of that speculators were expecting that was actually the most bullish that August has ended in a long time. Now what this means is that the market has just become more unpredictable with the current trend not showing a clear pattern.

Bitcoin is pretty much looking like it has created a support at $75k but I don’t think that support is actually strong enough to hold. With regional war coming back between Iran and US a little break to fill the fair value gap at $72k might look certain to happen before any leg up. Historical this last four months is expected to not be bearish but I doubt we can easily conclude it to be bullish, my feeling is consolidation market for a while.

My vote is a Maybe

[sergiorus]

Another green monthly candle incoming before any correction, imho. Maybe with a correction within that candle too.

The main question for me is not whether the bear market is over, but whether what we just had even was a bear market or it was a midcycle correction and we are in the 2023-2027 supercycle.

The latter is getting more and more believable.

[Taskford]

Another green monthly candle incoming before any correction, imho. Maybe with a correction within that candle too.

The main question for me is not whether the bear market is over, but whether what we just had even was a bear market or it was a midcycle correction and we are in the 2023-2027 supercycle.

The latter is getting more and more believable.

Seeing how good the turns of events happening in month of August. We can provably conclude that there are more better action that will happen in the month of September.

Also its seems that many people really thinks that bear market season is already over, then we might see Bitcoin crossing another great figures again. So hopefully we will see that and Bitcoin continues to have a good run until it reach again at $90k or or even 6 digit figures this month.

Although maybe for not this is quiet hard to happen, but who knows maybe there are more big new came and it help Bitcoin to get another big hypes and demands.

[m2017]

So it really feels like everybody was happy about the last minute rally in BTC so I changed the poll into a simpler one since copying the one from August and July won't really suit the current market condition.

Ask the people who shorted bitcoin about that (are they happy?).

And again...  The poll isn't about getting it right.  It's how you honestly feel rn. 

I don't feel like this marks the end of the bear cycle. No matter how much others rejoice at the recent rally, or how "convincing" their arguments about the start of a bullrun might be, I still can't shake the feeling that this is merely a temporary crypto-thaw. That’s how I see it, speaking in terms of gut feeling regarding the cryptomarket.

Here's the monthly chart.  BTC up almost 25% for August.

25% is decent growth - there’s no denying that.

But basing a future forecast on a chart is quite the "pastime", since everyone "sees" a completely different future in the very same chart. So, which of these "chart seers" is actually right?

None of them. I like this answer the best.

[Y3shot]

It is too early to conclude that we are out of the bear market. Let’s just give it some time and observe the market very well. It is possible we are gradually moving out of the bear market, but I'm not very sure about this.

I think we are at a point where the price of Bitcoin could dip again or increase more than you expect. I have two pieces of advice for investors: this is not a time to rush into the market because of feelings that we are entering a bull market, and this is not the time to invest with too many expectations. Just buy for the sake of holding for the future.

[yudi09]

Perhaps the market will stabilize again and continue to move downward, forming a small downward wave. To put it bluntly, the price will fall below 80,000 BTCUSD.
From what I’ve observed in Bitcoin’s monthly return history for September, it won’t form a red box with a percentage that matches August’s monthly return.
Other than that, I’m still watching to see if a number of companies will transfer their Bitcoin to exchanges. If they do, the more accurate prediction is “yes.”

[ultrloa]

I voted no.

I think we are not out of the bear market yet. I think Bitcoin price may fall below $70k again before the bull run starts. I have seen many people hoping for $50k or below but I don't think Bitcoin price will fall below $60k. Maybe Bitcoin has set a bottom price but it is unknown because no one can say anything about Bitcoin accurately.

Actually, many people did not expect Bitcoin price to increase so much at this time but many investors are happy to see Bitcoin price increase. Finally, I would like to say that we should just hodl.

Vote no to, because I think we are not reaching that point yet. Although we have some good changes happening in the market now, but I think its early to conclude that we are already out on bear market season.

Maybe if Bitcoin already climb back at $100,000. With that its safe to conclude that finally we are now out of bad season.

There are lots of things need to pass on and for sure many pull backs might going to happen, before we see Bitcoin start to have a good price pumps again.

[Sobz]

Maybe if Bitcoin already climb back at $100,000. With that its safe to conclude that finally we are now out of bad season.

There are lots of things need to pass on and for sure many pull backs might going to happen, before we see Bitcoin start to have a good price pumps again.

If bitcoin gets to $100,000 it means it has even left the bear market for a longterm,  the current price of Bitcoin seems to be in the bull market because this current price is what so many people have been expecting for a longtime. If bitcoin gets to $80,000 upward i will say Bitcoin is in the bull season. There consistency of the dip and the manner of the volatility of the market will tell if we are in the bear season or the bull season.

[Just Say]

I voted no.

I think we are not out of the bear market yet. I think Bitcoin price may fall below $70k again before the bull run starts. I have seen many people hoping for $50k or below but I don't think Bitcoin price will fall below $60k. Maybe Bitcoin has set a bottom price but it is unknown because no one can say anything about Bitcoin accurately.

Actually, many people did not expect Bitcoin price to increase so much at this time but many investors are happy to see Bitcoin price increase. Finally, I would like to say that we should just hodl.

This sudden rise in Bitcoin seemed to me like a mini bull market, however, according to Bitcoin’s monthly returns, the price of Bitcoin increased by about 14 percent in August compared to last July, perhaps due to the positive news. You may have noticed that many speculated that the price of Bitcoin would fall to $50K, but this technical asset recovered from there after falling below $60K and surprised everyone by crossing the $80K mark, however, the market still seems to be stable and for now we do not see any significant increase that can change the trend.

Besides it seems that September has started with a slight downward trend as the price of Bitcoin has fallen by about 1.5% today, so it seems that this month will have less positive returns as September is the worst performing month for Bitcoin.

[Itz-prisigold]

I personally feel fairly positive about September but I'm not going to attempt to predict the end of the month price for Bitcoin. We have all witnessed just how fast the price of Bitcoin can change the mood. You will see everyone celebrating right now and the next day people will start asking, "What's the matter?

But that increase by 25% in August certainly made things interesting. Let's see if September can keep the trend going or if Bitcoin will do what it does best, probably it will humble everyone again.