Post
Topic
Board Speculation
Re: BTC Sentiment Poll for August
by
tokeweed
on 22/08/2025, 13:33:22 UTC
(....)

Going back to that table, it looks like it's right.  Cheesy Cheesy  I was kinda hoping it would be wrong and I'd stop making these sentiment threads because the market would be so bullish making the polls easy and boring.  Just vote anything green, up and bullish and you'll be right most of the time.  Grin

But no, we're down around 2.45% for the month and the sentiment looks like it soured.  Let's see how everybody votes next month.  Will they look at the table and go with it or will the sentiment go so bad that they think BTC will go down again. 
We still have 1 more week left. Let's see, 2% change is still fine; it's a very small percentage move for Bitcoin.

What good thing I see here is that even 1 week left already, we are still 2+% down, which means the dump is not that high. We still have a high chance to correct and pump it.

Yup it still looks fine on the monthly chart.  But what I hate about it are those two long wicks at the top.  Not that I'm trying to scare anybody or anything but look at October, 2021 and November, 2021 candles at the monthly chart.  Same long wicks at the top for two months then it went down since then.

But the time table is still making me hopeful for a green September candle.  The next poll is gonna be fun.  Grin 

But yeah, overall it feels like the market still as more room to trend up but I don't think BTC could go up by much from here.  Maybe 150k ATH then it's down only?