April Bitcoin Sentiment Check

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Posts: 12 · Reputation: 73
#1Sep 6, 2021, 01:33 PM
Looks like it’s a green month! Finally some relief after all that downtrend. Just wanted to check in with everyone’s thoughts on this. Check out this chart, seems like there's a bottom but who knows… I’ll let you all decide, haha.
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Posts: 26 · Reputation: 38
#2Sep 7, 2021, 03:15 AM
April started on a bad note. Today isn’t looking great either, prices are dropping. I think we might see a bit of a rally but it’s hard to imagine it going above $70K. Not expecting Bitcoin to dip below $60K. Bears are still lurking but $60K is solid support.
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alt_foxNewbie
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#3Sep 7, 2021, 04:06 AM
After five months of decline, BTC ended March a bit up, like 2%. Better than dropping more, right? Still, geopolitical tensions and inflation aren’t great signs. Feels like we’re close to the bottom but I wouldn’t bet my house on it.
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chris1337Full Member
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#4Sep 7, 2021, 04:16 AM
Thought April would be better but so far, it’s looking like a bloodbath. The start is terrible. Might brace for even more drops. I can totally see Bitcoin dropping to $60K this month unless something shifts soon.
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#5Sep 7, 2021, 12:14 PM
That chart you posted shows a gravestone doji, which is usually bearish. So, not sure the bottom is in yet. Prices are already dipping again after a little bounce. If there’s no good news, it’s just gonna swing around.
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it5_lynxMember
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#6Sep 7, 2021, 05:13 PM
Yeah, we can analyze all we want but ultimately, we might get it wrong. For me, no turning point until we hit that February wick. If it goes under $60K, I think we might see $55K and end the month in the red.
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#7Sep 7, 2021, 08:13 PM
That 1.81% gain was fragile. Only good compared to gold or stocks which took a huge hit. But the war is ongoing, so don’t get too comfy. I think we haven’t seen the bottom yet and voted for lower.
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b3ar69Full Member
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#8Sep 8, 2021, 12:17 AM
I’m hoping for a bullish month, just don’t think we’re outta the bear season yet. If March’s last actions mean anything, we could see prices above $70K before a correction.
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quantumaltHero Member
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#9Sep 8, 2021, 02:40 AM
April is showing some early signs of a dip, but I see it as a chance to buy Bitcoin. It dipped from over $70K to around $66K, but I doubt it’ll go below $60K.
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shrimpNewbie
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#10Sep 8, 2021, 05:57 AM
Interesting take, I feel like the months can switch from good to bad real quick. I think we might see $70K then a drop back down. Let’s see how it plays out.
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0xGasMember
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#11Sep 8, 2021, 10:47 AM
Yeah it was technically green, but just barely. I think we’ll know in a few months if we’ve truly hit bottom. The war complicates everything. I’m hoping for a rise, maybe $10K more, but not too optimistic.
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shard_2013Full Member
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#12Sep 8, 2021, 03:08 PM
Price dips might prompt heavy buying, launching a bull run. But hard to tell when that’s gonna happen. The chart shows some challenges at $60K, potentially dropping to $52K, so caution.
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tom.pixelHero Member
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#13Sep 8, 2021, 05:52 PM
Investors are looking for a green month after this rough stretch. If April continues like this, it could mess up plenty of investment plans.
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chri551Full Member
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#14Sep 8, 2021, 08:34 PM
I’ve shared already, but I think April isn’t gonna bring any major changes compared to March. Expecting prices between $65K and $70K. A drop below current price wouldn’t shock me.
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bridge_2016Senior Member
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#15Sep 8, 2021, 10:10 PM
Predicting Bitcoin’s all over the place this month. Some positivity at the start, but I worry a deeper correction might come with everything going on in the world. But I doubt it’ll drop under $60K, strong support there.
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bear100Hero Member
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#16Sep 11, 2021, 07:15 AM
So few votes but a bunch of replies… Just saying, I voted we hit bottom. I think we’ll see a little rise, but it could end up being minor. Unless something crazy happens globally, I’m not expecting too much.
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0xNovaFull Member
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#17Sep 11, 2021, 09:22 AM
Looks like we may have found a bottom after hitting that support zone. But the candles look pretty uncertain. If we end the month in the same spot, that wouldn’t surprise me.
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0xDegenHero Member
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#18Sep 11, 2021, 11:51 AM
Not trying to be a downer but I voted lower. April tends to be rough historically, and with conflicts ongoing, it’s not looking good. Could easily drop below $60K.
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shrimpNewbie
Posts: 83 · Reputation: 20
#19Sep 11, 2021, 02:38 PM
Yeah, that rise last month was tiny. Just got through March, can’t say we’re out of the bearish trend just yet. We might just hover around $65K-$66K.
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wagmiNewbie
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#20Sep 11, 2021, 04:01 PM
Sounds about right. Hard to see Bitcoin rising with the current crisis. But if some issues clear up, maybe it can recover to $75K this month.
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