To see balloons in your dream indicate declining hopes and disappointments in your search for love. A situation in your life will take a turn downward. Balloons also represent arrogance and an inflated opinion of yourself. If you see black balloons in your dream, then it symbolises depression, especially if the balloons are descending.
To see an ascending balloon in your dream signifies frustrating conditions in your life in which you are seeking to rise above. You are expressing a desire to escape. On a positive note, balloons symbolise celebration and festivities. You need to acknowledge your inner child.
To see a balloon pop in your dream symbolises an unrealized goal or dream. It may also represent the stresses in your life. The pressure may be starting to be too great for you to bear.
To dream that you or someone is blowing up a balloon represents your aspirations, goals and ambitions. You are experiencing renewed hope.