Post
Topic
Board Speculation
Re: BTC Sentiment Poll for September
by
Yaunfitda
on 08/09/2023, 16:14:18 UTC
sentiment check is better done on in a shorter time frame like daily not monthly because that is how quickly the market and the traders sentiment changes. the best evidence of it is the big candles we see on the charts regularly where people hear a certain news and FOMO.

i voted for sideways though.

Not really...  Most people aren't like schizos who change their sentiment every 24 hours or so at every news release.  Lol.  But what I do in these sentiment threads is open the poll for the first couple of weeks of the month to get the votes in, then lock the poll at the end of the second week to somewhat get what the sentiment is near the start of the month.  That way we get the sentiment for the month before we see what the market brings for the month.
Lol, but yeah, sentiments change like every day, but you can't blame them as we might be seeing some positive news so we might think that the sentiments might go from sideways => $30k at the end of the month.

Just like what we witnessed, surprised to see a jump to $26k++, as I thought the price could be stagnant around $25k at it is a big support. So let's see if this month will continue to be not so good historically or the one that we wanted, get back to $30k'ish again.