BTC Sentiment Poll for November

[fullfitlarry]

I would not describe these events as negative. Because history shows that, downward trends are indicators of a bull season.

Not all, and it depends on what cycle we have, we can't technically call any upward trend a indicators of a bull season. Like for example, in this current cycle, whatever we look at it we are still in the bear market.

So even if we go to $100k, it doesn't mean that it's a start of a bull cycle. We still need to wait for the price to set up a new all time high to say that we are indeed in a upward trend and it's bullish season already. Right now, that is not what we are seeing.

[asriloni]

Bitcoin was closed in 77k at 31 oct, and it seems like it will be closed below last month's price. There are very huge liquidity around 60k range, which makes me think it will be dragging down bitcoin's price to get it. So i kinda feel bearish on the market due of it.

The heatmap is clearly explaining how we have a very bold line (liquidity) at the bottom. If we don't move up to the 80k, then keep stay here. It's likely we're closing by moving down most probably at the end of this month.

[cryptomaniac_xxx]

Bitcoin was closed in 77k at 31 oct, and it seems like it will be closed below last month's price. There are very huge liquidity around 60k range, which makes me think it will be dragging down bitcoin's price to get it. So i kinda feel bearish on the market due of it.

The heatmap is clearly explaining how we have a very bold line (liquidity) at the bottom. If we don't move up to the 80k, then keep stay here. It's likely we're closing by moving down most probably at the end of this month.

Thanks for this, as it is also what I'm seeing. That if we didn't go back and reclaim $80k, then we might see a sideway patterns up to the end of this month. So we need something that will trigger the market to reclaim that $80k'ish.

Although it might be that easy as we have down a increased like that in the past, there could be some catalyst, sort of positive news. But so far, after the result of the mid-term election in the US, it seems that the market has been in the downward trend. So let's see if this prediction will happen or invalidated. Still early for this month though and anything can flip on the other side.

[Wind_FURY]

I believe that if the inflation print on November 10 is lower than the expected numbers, then we might see a surge in Bitcoin upwards to $80,000, the  $85,000 by the final week on the month.

I also think the same. Bitcoin price can rise again to $80k soon if there is no big inflation. Let's hope Bitcoin price won't drop below $70k, so it won't be quite difficult to return to $80k in this month. However, the scenario can be different if Bitcoin drops below $70k again. I personally won't expect for $80k-$85k in this month if it really happens.

Personally, I don't believe that Bitcoin will crash below $70,000 again. We have seen the Binance hack happen, and it didn't cause a more than 30% crash in one week like the Black Swans that Bitcoin has gone through before.

There's no bigger crypto Black Swan this Bear Cycle than the Binance Hack. All these DIPS are now for buying.

 

[Emeraldo]

I would not describe these events as negative. Because history shows that, downward trends are indicators of a bull season.

Not all, and it depends on what cycle we have, we can't technically call any upward trend a indicators of a bull season. Like for example, in this current cycle, whatever we look at it we are still in the bear market.

So even if we go to $100k, it doesn't mean that it's a start of a bull cycle. We still need to wait for the price to set up a new all time high to say that we are indeed in a upward trend and it's bullish season already. Right now, that is not what we are seeing.

Your explanation about understanding the bear market even when the price of Bitcoin is going up is clear but I need to understand how we can be fully assured that we have left the bear market and heading to the bull market.
What price is Bitcoin going to attain for us to know that Bitcoin is no more in the bear and heading for the bull market?
The Price of Bitcoin has been moving gradually and sometimes it's going down and another time is going up and that can be very confusing for those that don't understand the market.

[Jewan420]

My expectations are bullish, but the market is not going as I expected. In November, I expected Bitcoin to pump and take time to recover. But the reality is that Bitcoin is losing value.

We have just finished the first week, there are still 3 weeks left in the month. This time may be enough for a big move, it is not yet certain whether Bitcoin will stabilize at $75-$80k or fall or rise in value. My expectations are always on the upside, it is better if it is above $90k.

[HajiBagi]

The price of Bitcoin on October 31st was around $76,000, and right now it is around $78k. I think the price is recovering back to where it was before the Binance challenge, and before the hack, the price was on the rise.

It is very possible for the Bitcoin price to reach $85,000 and above by the end of this month. If it doesn't reach this speculated amount, it will still be more than what we saw at the end of October, unless there is bad news that can affect the market and cause the price of Bitcoin to decrease.

Bitcoin is currently $75,000 and I will not be surprised to see if the price drop more than that, some of us think that bitcoin is going to rise at the end of the year but i don’t think we understand that bitcoin can not be predicted, i will not also say it is very possible for the price to reach $85,000 and above because bitcoin did not move like it will reach $100k, there are many things that will affect bitcoin price this year, that is why as an investor, do not think you can predict bitcoin.

Although it is possible for bitcoin to reach $100k but we should not expect it to happen, we have one month and few weeks to end the and the price is still dropping, anything can happen before the end of the year but we should not put in mind that bitcoin is going to reach $100k at the end of this year.

[Tonimez]

The price of Bitcoin on October 31st was around $76,000, and right now it is around $78k. I think the price is recovering back to where it was before the Binance challenge, and before the hack, the price was on the rise.

It is very possible for the Bitcoin price to reach $85,000 and above by the end of this month. If it doesn't reach this speculated amount, it will still be more than what we saw at the end of October, unless there is bad news that can affect the market and cause the price of Bitcoin to decrease.

Bitcoin is currently $75,000 and I will not be surprised to see if the price drop more than that, some of us think that bitcoin is going to rise at the end of the year but i don’t think we understand that bitcoin can not be predicted, i will not also say it is very possible for the price to reach $85,000 and above because bitcoin did not move like it will reach $100k, there are many things that will affect bitcoin price this year, that is why as an investor, do not think you can predict bitcoin.

Although it is possible for bitcoin to reach $100k but we should not expect it to happen, we have one month and few weeks to end the and the price is still dropping, anything can happen before the end of the year but we should not put in mind that bitcoin is going to reach $100k at the end of this year.

Bitcoin price don't work by prediction and that is why we must make up our minds before starting our bitcoin investment or before deciding a long-term investment. Bitcoin briefly dropped below $75k two days ago and I think we should be expecting more of this especially this first half of this month. I also think that it's becoming obvious that the price could dip below $70k before it can regain its strength. Keeping expectations low is the best option for anyone right now to avoid panic. The focus should be on accumulating more and more bitcoin right now at this dip but not overdoing it.

[Slow death]

I voted YES. The point is that the price of Bitcoin, since reaching $87,300 in September of this year, has been gradually declining; it hasn't had the strength to keep rising, which leads people to sell and causes the price to drop. With  bad news  often stemming from Trump doing something unnecessary the markets will likely remain pessimistic until the end of his term. I believe the cryptocurrency markets will see a significant surge once he leaves the U.S. presidency. For this reason, I don't expect to see high prices this month; on the contrary, I believe the price will fall below $70,000, and we will return to those dark times where we have to hope it doesn't drop below $60,000.

[Wind_FURY]

My expectations are bullish, but the market is not going as I expected. In November, I expected Bitcoin to pump and take time to recover. But the reality is that Bitcoin is losing value.

We have just finished the first week, there are still 3 weeks left in the month. This time may be enough for a big move, it is not yet certain whether Bitcoin will stabilize at $75-$80k or fall or rise in value. My expectations are always on the upside, it is better if it is above $90k.

We'll wait for a Bullish Catalyst which could be seen on November 10 CPI numbers announcement. If the inflation numbers are lower than expected, then we might probably see a more dovish Fed during the next FOMC meeting in December, which would give another Bullish Catalyst.

BUT there's also a Bearish Catalyst - The heist on Binance which would definitely cause the market to be more fearful than greedy.

[Ayers]

I voted YES. The point is that the price of Bitcoin, since reaching $87,300 in September of this year, has been gradually declining; it hasn't had the strength to keep rising, which leads people to sell and causes the price to drop. With  bad news  often stemming from Trump doing something unnecessary the markets will likely remain pessimistic until the end of his term. I believe the cryptocurrency markets will see a significant surge once he leaves the U.S. presidency. For this reason, I don't expect to see high prices this month; on the contrary, I believe the price will fall below $70,000, and we will return to those dark times where we have to hope it doesn't drop below $60,000.

before Trump got elected, everyone was rooting for him to win because they thought he'd be better for market than Harris. now everyone hoping he disappears soon, like that's only way market get any peace, lol.

there's no denying that Trump can influence the market as US president. But imo, it's a bit of a stretch to say market direction depends on him.

market are driven by all sorts of factor . so you can't pin every move in btc on one person or any single factor. btc has its own cycles too. if it has not started moving up again, it simply mean conditions for another rally are not in place yet. That's all.

[tbterryboy]

My expectations are bullish, but the market is not going as I expected. In November, I expected Bitcoin to pump and take time to recover. But the reality is that Bitcoin is losing value.

We have just finished the first week, there are still 3 weeks left in the month. This time may be enough for a big move, it is not yet certain whether Bitcoin will stabilize at $75-$80k or fall or rise in value. My expectations are always on the upside, it is better if it is above $90k.

We'll wait for a Bullish Catalyst which could be seen on November 10 CPI numbers announcement. If the inflation numbers are lower than expected, then we might probably see a more dovish Fed during the next FOMC meeting in December, which would give another Bullish Catalyst.

BUT there's also a Bearish Catalyst - The heist on Binance which would definitely cause the market to be more fearful than greedy.

It seems that bitcoin market has already discounted the US midterm election results and hack on binance exchange. Today, we are testing again $76k level which must be a good sign because after binance hack news bitcoin dropped below $74.9 level from $80k but managed to hold around $75k for more than 4 days and now showing some recovery.

I read there are 2 new bitcoin ETF and Trump is initiating fresh talk with China which may bring back smooth world trades and stability to every market. Personally I expect 2026's bearish market is going to end in this November but that doesn't mean that we are going to test $100k level straight away. Bear may get exhausted and bulls will start searching for power in this November month.

[STT]

Personally, I don't believe that Bitcoin will crash below $70,000 again. We have seen the Binance hack happen, and it didn't cause a more than 30% crash in one week like the Black Swans that Bitcoin has gone through before.

There's no bigger crypto Black Swan this Bear Cycle than the Binance Hack. All these DIPS are now for buying.

 

Further out I'm positive on the prospects but consider how volatile and upset BTC can be at times, many prices are possible in the short term.
  BTC movement upwards or down right now is a reflection of the epic gains that drew the interest of many.   We cant ignore the possibility for either direction at times.

More specifically, I'm forced to presume we do go below 70k because of the trend.   Fighting the trend is like disputing the tide incoming, you are going to get wet whatever your opinion or well sculpted sandcastle might be  

  What changes my mind is a fair fight and after conclusion and resolution of that battle, then I might be bullish.  BTC is sitting on the yearly average, simple moving averages cannot be support its not a physical volume thing but a momentum indicator even if traders want to buy or sell off it the nominal price alone wont save us imo.

   Thats just my experience from BTC charts over the years, of course anything can happen and we can gain from here but I want the evidence before I take that stance :p

[Nwada001]

Bitcoin price don't work by prediction and that is why we must make up our minds before starting our bitcoin investment or before deciding a long-term investment. Bitcoin briefly dropped below $75k two days ago and I think we should be expecting more of this especially this first half of this month. I also think that it's becoming obvious that the price could dip below $70k before it can regain its strength. Keeping expectations low is the best option for anyone right now to avoid panic. The focus should be on accumulating more and more bitcoin right now at this dip but not overdoing it.

People who buy Bitcoin by prediction are those who want to short it and not long-term because they are not ready for the price to drop unexpectedly on them, which is still not 100% avoidable, and people who just want to know how the market moves are the ones who predict but don’t necessarily control the price using their own prediction.

[Jegileman]

My expectations are bullish, but the market is not going as I expected. In November, I expected Bitcoin to pump and take time to recover. But the reality is that Bitcoin is losing value.

We have just finished the first week, there are still 3 weeks left in the month. This time may be enough for a big move, it is not yet certain whether Bitcoin will stabilize at $75-$80k or fall or rise in value. My expectations are always on the upside, it is better if it is above $90k.

Not just the normal market trend that will push the market to trade above $80K as it is now. It needs more external force to push the market in that direction which we are not sure of its coming yet. Until this year is over, I am not seeing that Bitcoin will do any good recovery to even come close to $100K. The current price the market is trending now looks very on the good side for me, but many holders will wish for a more bullish market which we can’t call this period we are in now that the market is in a bullish state yet.

[asriloni]

Bitcoin was closed in 77k at 31 oct, and it seems like it will be closed below last month's price. There are very huge liquidity around 60k range, which makes me think it will be dragging down bitcoin's price to get it. So i kinda feel bearish on the market due of it.

The heatmap is clearly explaining how we have a very bold line (liquidity) at the bottom. If we don't move up to the 80k, then keep stay here. It's likely we're closing by moving down most probably at the end of this month.

Thanks for this, as it is also what I'm seeing. That if we didn't go back and reclaim $80k, then we might see a sideway patterns up to the end of this month. So we need something that will trigger the market to reclaim that $80k'ish.

Although it might be that easy as we have down a increased like that in the past, there could be some catalyst, sort of positive news. But so far, after the result of the mid-term election in the US, it seems that the market has been in the downward trend. So let's see if this prediction will happen or invalidated. Still early for this month though and anything can flip on the other side.

The result from the mid term election is bringing a bad result instead of good result. I meant it's bringing people who anti - crypto to have power in the senate. So i think i'm doubting crypto market to have upward trend when we have so many people against crypto sitting at the senate.

Beside that it seems out prediction is coming true. Bitcoin is going down to the 73k, but it's bouncing back a bit. 73k has to be our last hope. If it's fail to support the trend, then another bearish is coming.

I'm gonna put some limit to time bitcoin when it's dumping back to the 60k range, and i hope it gets filled.

[Hypnosis00]

My expectations are bullish, but the market is not going as I expected. In November, I expected Bitcoin to pump and take time to recover. But the reality is that Bitcoin is losing value.

We have just finished the first week, there are still 3 weeks left in the month. This time may be enough for a big move, it is not yet certain whether Bitcoin will stabilize at $75-$80k or fall or rise in value. My expectations are always on the upside, it is better if it is above $90k.

Not just the normal market trend that will push the market to trade above $80K as it is now. It needs more external force to push the market in that direction which we are not sure of its coming yet. Until this year is over, I am not seeing that Bitcoin will do any good recovery to even come close to $100K. The current price the market is trending now looks very on the good side for me, but many holders will wish for a more bullish market which we can’t call this period we are in now that the market is in a bullish state yet.

We can't expect the price trend to be normal. Otherwise, we would always hit the jackpot. That is why prediction seems normal to us, because we never know. We always talk about what's next, and we answer it with assumptions/predictions.

The current price is $74k. It dropped after the US midterm election. It's quite interesting to see its impact, but guess what? The price of Bitcoin keeps on changing for many reasons. We're still unsure how it moves in the coming months because even before, we thought that the ber months drive positive interest and high demand drive in the next few months can't possibly happen this year.

[suzanne5223]

Bitcoin was closed in 77k at 31 oct, and it seems like it will be closed below last month's price. There are very huge liquidity around 60k range, which makes me think it will be dragging down bitcoin's price to get it. So i kinda feel bearish on the market due of it.

The heatmap is clearly explaining how we have a very bold line (liquidity) at the bottom. If we don't move up to the 80k, then keep stay here. It's likely we're closing by moving down most probably at the end of this month.

Thanks for this, as it is also what I'm seeing. That if we didn't go back and reclaim $80k, then we might see a sideway patterns up to the end of this month. So we need something that will trigger the market to reclaim that $80k'ish.

Although it might be that easy as we have down a increased like that in the past, there could be some catalyst, sort of positive news. But so far, after the result of the mid-term election in the US, it seems that the market has been in the downward trend. So let's see if this prediction will happen or invalidated. Still early for this month though and anything can flip on the other side.

The result from the mid term election is bringing a bad result instead of good result. I meant it's bringing people who anti - crypto to have power in the senate. So i think i'm doubting crypto market to have upward trend when we have so many people against crypto sitting at the senate.

Beside that it seems out prediction is coming true. Bitcoin is going down to the 73k, but it's bouncing back a bit. 73k has to be our last hope. If it's fail to support the trend, then another bearish is coming.

I'm gonna put some limit to time bitcoin when it's dumping back to the 60k range, and i hope it gets filled.

I understand your concern about the midterm election, but I wouldn't overweight the Senate composition as the main driver of the market price right now, and we shouldn't see the level of anti-crypto sentiment among those in the Senate as something that will prevent the market uptrend due to how the market was able to experience an uptrend when none of the people in office supported crypto.

If we look at the market price action based on the chart, the dump is normal before the next year's bull market, and this is something the market always does.
Second, the heatmap liquidity you mentioned earlier around 60k is still the real magnet if selling pressure continues, but a clean hold above 73k keeps the door open for a relief bounce.
Meanwhile, the dip to 73k and the bounce match what a lot of people believe will happen after the election results, and if we get a softer inflation print or any positive catalyst, the last hope price level could turn into a temporary floor instead of a breakdown spot.

Curious to see how the next few days turn out, since crypto is not the only market affected.

[Btcdeybodi]

Bitcoin price don't work by prediction and that is why we must make up our minds before starting our bitcoin investment or before deciding a long-term investment. Bitcoin briefly dropped below $75k two days ago and I think we should be expecting more of this especially this first half of this month. I also think that it's becoming obvious that the price could dip below $70k before it can regain its strength. Keeping expectations low is the best option for anyone right now to avoid panic. The focus should be on accumulating more and more bitcoin right now at this dip but not overdoing it.

We know that Bitcoin price doesn't work by prediction but we can still predict the price based on current market movements. If you go to the games and round section of the forum you will see some contests about price prediction and there are people who actually predicts the price correctly. The reason why i don't see or predict this month to be bullish is because we are in festive season where people are busy saving money that they will use to buy stuffs for their families and loved ones. The market won't receive any buying pressure thar would have caused the price to start a rally upwards. We saw how the market went up few days ago and afterwhich it began to drop till $75k so it is possible that in the coming days the price might dump further below $70k.

[alastantiger]

The current price is $74k. It dropped after the US midterm election. It's quite interesting to see its impact, but guess what? The price of Bitcoin keeps on changing for many reasons. We're still unsure how it moves in the coming months because even before, we thought that the ber months drive positive interest and high demand drive in the next few months can't possibly happen this year.

As I can remember the price of Bitcoin has always been changing for many reasons and not one particular reason. it can fall because of a government policy this month' and fall for another reason in the next months. Sometimes the price of Bitcoin can rise or fall for the same reason and I think there is a high chance that the price of Bitcoin is going to increase before November ends regardless of what is happening to the market currently and if that happens then we can see the price of Bitcoin trading above what the highest price on October 31st was. There are many reason why people are thinking Bitcoin is falling now but I just think this is a correction that was expected from the market because of the massive ran it had last month.