BTC Sentiment Poll for November

[Nothingtodo]

We had an expectation around October that Bitcoin might touch $100k in October but instead of that Bitcoin fell below $80k in October. And October has been called Uptober month in the past but this year October has passed but the price of Bitcoin ended up going down instead of up. Now that November has already passed, two days have passed, so the market has started to feel the effects of a major hacking and the market is at $80k. November is not very good for Bitcoin, so it seems that Bitcoin may be in a down mood in November. And it will stay between $70k and $80k.

[Dave1]

We had an expectation around October that Bitcoin might touch $100k in October but instead of that Bitcoin fell below $80k in October. And October has been called Uptober month in the past but this year October has passed but the price of Bitcoin ended up going down instead of up. Now that November has already passed, two days have passed, so the market has started to feel the effects of a major hacking and the market is at $80k. November is not very good for Bitcoin, so it seems that Bitcoin may be in a down mood in November. And it will stay between $70k and $80k.

It's no Uptober for us, I guess it just shows how unpredictable the market is. August-September was all green for us and so we thought that it might continue specially that October seems to favor us. But it was the other way around. So for November, I will be bearish though, as we have seen countless attacks and we can't get a break from this criminals.

And it just shows as well that we are in the bear market so everything is going into pieces as why the market should go down although I don't see it hitting lowest low again as we have already bottom out at $57k. So just brace yourself this month as it could be ugly.

[bbc.reporter]

My vote is that for this month, the price will certainly be lower on the ending than the beginning. I reckon people who have voted yes and who will vote on yes underestimates the effect of the hack on Binance. The cryptospace is beginning to enter a new chapter where the most biggest and dominant exchange will not be Binance!

On what exchange will be the biggest and the most dominant, we cannot be certain, however, it appears that OKX is the only exchange that has never been hacked?

[Texac]

We had an expectation around October that Bitcoin might touch $100k in October but instead of that Bitcoin fell below $80k in October. And October has been called Uptober month in the past but this year October has passed but the price of Bitcoin ended up going down instead of up. Now that November has already passed, two days have passed, so the market has started to feel the effects of a major hacking and the market is at $80k. November is not very good for Bitcoin, so it seems that Bitcoin may be in a down mood in November. And it will stay between $70k and $80k.

Sure, Oct's usually a good month. But not every uptober in history closed green, and it's not just this year. Same with Nov, historically even stronger than Oct. Doesn't mean every one of them pumps tho.

At the end of the day, seasonal stats only show us how the market has tended to perform in the past. They are no guarantee of what's coming next.

So Bitcoin being down over the past month doesn't mean it'll keep falling in November. Only 2 days in, way too early to call a downtrend or say BTC's stuck in $70k-$80k.

[Smack That Ace]

My vote is that for this month, the price will certainly be lower on the ending than the beginning. I reckon people who have voted yes and who will vote on yes underestimates the effect of the hack on Binance. The cryptospace is beginning to enter a new chapter where the most biggest and dominant exchange will not be Binance!

I see it differently. I reckon the fallout from the Binance hack has already been priced in. The whole thing was over once Binance had covered the losses and reopened withdrawals.

If BTC ends  the month lower than it started , I think it could be down to geopolitical developments, the ongoing wars, interest rates, or news surrounding US midterm elections . Those factors can affect across financial markets as a whole, not just crypto.

On what exchange will be the biggest and the most dominant, we cannot be certain, however, it appears that OKX is the only exchange that has never been hacked?

Apart from OKX, there's also Coinbase, Gemini and Robinhood. That said, most of these exchanges mainly cater to the US market, whereas Binance and OKX have a much broader international reach.

[DiMarxist]

We had an expectation around October that Bitcoin might touch $100k in October but instead of that Bitcoin fell below $80k in October.

I don't think that everyone heard that believe with you that, by the end of October Bitcoin will be reaching a $100k. Bitcoin is a speculative asset and it was just based on projection which means that it can reach the projected target and even fall below that target which is what happened as Bitcoin failed to reach the $100k target. Am not particularly surprised about the movement of the price of Bitcoin last month because Bitcoin as we know is just trying to recover from a very long dip.

So expecting Bitcoin just to hit up the hundred thousand dollars mark in less than just two months of it recovery, to me doesn't sound realistic to me. We should be patient and know that Bitcoin is volatile , in as much as we are expecting Bitcoin to move above that $100k mark before the year. We should not also forget about Volatility this means that there is also a very high probability of a further dip before the end of the year 2026.

[Noorooo]

I don't think Bitcoin will close November above its October 31 closing price which was around the 76K zone. In my opinion BTC is likely to towards the 71K–73K zone, which I believe will be its next bottom.That's why i m  bearish on November month. However I don't expect the price will fall below 70K.
If BTC reaches the 71K–73K zone then I think BTC will move towards the 90K zone. And i  don't expect this recovery will happen in November. Because it will be difficult for Bitcoin to recover all the way back above 76Kzone before the end of the month. So my prediction is that November will remain a bearish month for Bitcoin.

[liasbaa]

Probably there is no chance of falling below $70k this month but the market is now moving towards a more volatile situation because of the possibility of US midterm elections and global inflation on the one hand. The increase in oil prices and the fall in gold prices indicate a decrease in purchasing power for investors as the increase in production costs may lead to a liquidity crisis among people. The increase in commodity prices will reduce the balance of income with expenditure and create the possibility of spending on cash reserves.

The Binance crypto theft has increased the confidence crisis among investors, which may reduce the demand for crypto. The possibility of Bitcoin's price increasing this month seems very high. Bullish will happen and it will inevitably be preceded by a very short term market correction maybe this is that time.

[Ishicryptic]

My vote is that for this month, the price will certainly be lower on the ending than the beginning. I reckon people who have voted yes and who will vote on yes underestimates the effect of the hack on Binance. The cryptospace is beginning to enter a new chapter where the most biggest and dominant exchange will not be Binance!

I cannot underestimate the effect of the Binance hack on the Bitcoin market, although Binance showed that it was capable to withstand the shock despite that the hack was the biggest in cryptocurrency history, the effect of the hack has not died down so I don't quite expect a bullish November, yet. Many investors confidence might not be so strong in the cryptocurrency market for now because if Binance can be hacked who knows what can happen next, I think that expectations of more negative news would still be in the air. Except there is a paradigm shift in fundamentals in this November, I don't foresee a bullish November, yet.

On what exchange will be the biggest and the most dominant, we cannot be certain, however, it appears that OKX is the only exchange that has never been hacked?

Let us not be in a hurry to underate Binance yet as the topmost exchange, they still are, I doubt that many exchanges and platforms can survive what they absorbed. OKX is no doubt a good exchange but I won't be competing them against Binance yet and I hope they don't get hacked so we'd know whether they can bounce back almost immediately like Binance.

[Ayers]

Probably there is no chance of falling below $70k this month but the market is now moving towards a more volatile situation because of the possibility of US midterm elections and global inflation on the one hand. The increase in oil prices and the fall in gold prices indicate a decrease in purchasing power for investors as the increase in production costs may lead to a liquidity crisis among people. The increase in commodity prices will reduce the balance of income with expenditure and create the possibility of spending on cash reserves.

The Binance crypto theft has increased the confidence crisis among investors, which may reduce the demand for crypto. The possibility of Bitcoin's price increasing this month seems very high. Bullish will happen and it will inevitably be preceded by a very short term market correction maybe this is that time.

Hmm, don't you think your argument kinda contradicts itself?

You list a whole range of macro factor that could put pressure on the market, from inflation and rising oil prices to weaker purchasing power and the risk of a liquidity crisis. But you endup saying Bitcoin is very likely to go up this month, and  market's bound to turn bullish. how exactly do all those negatives end up pushing price higher?

That said, I do agree with you on one thing: BTC is very unlikely to drop to $70k this month.

[AprilioMP]

Will be see another trend down below 70k?  I'm not really sure...  But I made a simple enough poll to see where the sentiment is rn.

Not so sure I'll be in a downtrend that even gets below $70k. The market is currently not in a favorable position due to the decline that has occurred which has seen the price trade below $80k despite October of last year's monthly returns being in the red. Apart from the incident on Binance and Polymarket.
Likewise with November data which was classified as a decline of up to 17.67%. If I pay attention, this seems like an incident that was deliberately meant to happen, although I'm not completely sure.

[abaeze]

Yes, it is not impossible, but I think its full impact has only just begun to be felt in the market. Because if we look at the current market, it is clear that the price is trying to move up again after dropping a little from $80,000. Although it has not yet reached its previous price, if the price recovers and is above the support, it may be a sign of temporary panic. In such a situation, those who are slowly accumulating Bitcoin with a long-term investment plan are in the safest position.

However, just by looking at the news of hacking, it cannot be concluded that the price will not increase if the price drops. Historically, returns are good in November and December. However, a large return does not mean that the price is more likely to fall. Because how much the price will fall or rise depends on how much the demand from buyers is compared to the selling pressure.

[Majestic-milf]

 I'm not going to be bullish as well, with all the events that have occured in the last one month and coupled with the recent hack to Binance, maybe Bitcoin will end the month at around $80-83k except something positive will happen boost it's price.

[Marykeller]

This is not what to call for debate; Bitcoin is closing this month with a price higher than on October 31st($76k). The Binance hack that happened caused a 5% decrease in Bitcoin, which Bitcoin didn't decrease that much for it not to recoup within a short time.

This November has just begun in days, and Bitcoin is maintaining a price higher than $76k. Don't you think Bitcoin will like to stay at a higher price? Since December is around the corner, people are expecting Bitcoin to show a green candlelight of $100k.

[cryptomaniac_xxx]

This is not what to call for debate; Bitcoin is closing this month with a price higher than on October 31st($76k). The Binance hack that happened caused a 5% decrease in Bitcoin, which Bitcoin didn't decrease that much for it not to recoup within a short time.

This November has just begun in days, and Bitcoin is maintaining a price higher than $76k. Don't you think Bitcoin will like to stay at a higher price? Since December is around the corner, people are expecting Bitcoin to show a green candlelight of $100k.

Expectation might be different on what actually will happen at the end of the year. Personally, I don't think that $100k could be there for us this December as we are still in the bear market. Yes, it didn't go down after the Binance hack, in fact the market remains calm with just 5% decrease.

But we are still in the bear market so the market will really go down even if there are no hacks. So for this month, we might just go back to $80k again if investors will take advantage of the current price to go and buy again.

[bbc.reporter]

My vote is that for this month, the price will certainly be lower on the ending than the beginning. I reckon people who have voted yes and who will vote on yes underestimates the effect of the hack on Binance. The cryptospace is beginning to enter a new chapter where the most biggest and dominant exchange will not be Binance!

I see it differently. I reckon the fallout from the Binance hack has already been priced in. The whole thing was over once Binance had covered the losses and reopened withdrawals.

If BTC ends  the month lower than it started , I think it could be down to geopolitical developments, the ongoing wars, interest rates, or news surrounding US midterm elections . Those factors can affect across financial markets as a whole, not just crypto.

On what exchange will be the biggest and the most dominant, we cannot be certain, however, it appears that OKX is the only exchange that has never been hacked?

Apart from OKX, there's also Coinbase, Gemini and Robinhood. That said, most of these exchanges mainly cater to the US market, whereas Binance and OKX have a much broader international reach.

You might be correct that the hack on Binance might be priced in already, however, we cannot make an assumption that they will survive the $6.3 billion loss on their balance sheet. You will really trust the words of CZ and Yi He that the exchange will be okay? There also the blackhole on their balance sheet caused by the market dump on October 10, 2025.

This might be heard as something similar to a conspiracy theory, however, Binance might bite the dust is becoming more real after this very big hack.

[obuoma]

If we look at what the chart is saying, it will be right to expect price to fall to as low as $70,000 which is where we have the draw on liquidity and the PD arrays that should attract price. This justifies the reason many people voted for lower prices in the poll. But that is not cast in stones because a lot can happen and change the direction of the market. One major event is the US midterm elections which can be used as a catalyst to rejig the market. This week everything will become clearer especially on what we should be expecting before the end of this year.  

[Smack That Ace]

You might be correct that the hack on Binance might be priced in already, however, we cannot make an assumption that they will survive the $6.3 billion loss on their balance sheet. You will really trust the words of CZ and Yi He that the exchange will be okay? There also the blackhole on their balance sheet caused by the market dump on October 10, 2025.

This might be heard as something similar to a conspiracy theory, however, Binance might bite the dust is becoming more real after this very big hack.

Dems are gaining the upper hand and markets aren't taking it well. Bitcoin's no exception, dropping to around $76k.

As for Binance. I don't see them going under. They'll even stay on top as the dominant exchange.

$6.3b sounds huge, but it's only around 4% of the $170b in assets they hold. Not to mention people probably forgot CZ's net worth is estimated by Forbes at over $100b. With all those resources at their disposal, CZ isn't about to let the empire he's built come crashing down that easily.

https://www.forbes.com/profile/changpeng-zhao/?ctpv=rtb&list=rtb

[traderethereum]

I am not sure if the trend down below $70k but the possibility will be there. Before, we believe the price can increases, more than $90k because we see the price increase below $90k. But suddenly the price is down and out of our expectation (or maybe some people already expected this before).

Maybe I might choose No because I see the price is stagnant and not moving to higher or lower price. But the chance for the price to drop suddenly will be there, this should be our concern. But we have more time to see what happen to Bitcoin in the end of the month and hopefully, the price can increases, up to $80k and reach $90k-$100k level again.

[PERtua]

As far as I'm concerned. It's the price movement towards either $85k or down to $70k at this stage. But the true question is how much of it is Fear? rather than any real change in the market fundamentals. Exchange hacks can trigger panic. And it doesn't necessarily affect the value proposition of Bitcoin. Meanwhile, investing based on the premise that the price will recover is also a risky strategy. I won't be trying to forecast a precise closing price. I will be waiting for negative news to show how the market will respond. At times the process of the reaction is more revealing than the news of the reaction.