Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: rdluffy on August 27, 2024, 08:38:41 PM
-
I've already commented a few times in other posts that I'm optimistic about the end of the year and BTC, especially in the month of October, which historically has only seen BTC fall in 2 years (2014 and 2018)
Yesterday I saw this chart and got very excited
(https://i.ibb.co/VYz6rD4/btc.png) (https://ibb.co/1GPchKW)
Source (https://www.coinglass.com/today)
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
-
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
Totally depends but this is where majority of people here on this market or to those old timers on where they do really keep their eye on. Basing up into that table
then it do clearly shows that we are indeed bullish in the month of October but well in speaking about future events and upcoming situations then it would really be
totally hard on making up conclusions whether it would really be ending up positive or negative market on that particular point. Come to think that we would
really be needing to pass up on September on which it shows its a bloody market most likely. So taking up some possible buybacks should be considered.
-
Possible, but do not look at the exact months when you are making these type of calculations, make sure that you look at the general outlook and that would be a lot better, which means that if you look at that chart, you will see that there will be an increase "near the end of the year", as in Q4 and there will be even bigger increase later on. Thats the most important part, I think we are going to end up with a greater result, it should be something that will be giving us some good profit. I know that it will take a while, but that doesn't mean that it will not happen, so keep holding even after October if you can.
-
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
Why not?
At least, these will be the early months towards a much better market. In Q4, at least there is new hope that Bitcoin can prove again for various good news, regardless of the end of BTC distribution for MT Gox users, and various other news. Clearly, based on the cycle charts that you display, usually Q4 will be a valuable and important moment for the development of BTC prices in the end towards the actual peak season of the bullrun.
(https://talkimg.com/images/2024/08/27/9nJT2.png)
https://www.cryptodispensers.com/blog/uptober-explained-how-october-became-bitcoins-most-bullish-month
-
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
Why not?
At least, these will be the early months towards a much better market. In Q4, at least there is new hope that Bitcoin can prove again for various good news, regardless of the end of BTC distribution for MT Gox users, and various other news. Clearly, based on the cycle charts that you display, usually Q4 will be a valuable and important moment for the development of BTC prices in the end towards the actual peak season of the bullrun.
(https://talkimg.com/images/2024/08/27/9nJT2.png)
https://www.cryptodispensers.com/blog/uptober-explained-how-october-became-bitcoins-most-bullish-month
As long as we only know that this is still just a prediction and there is still no certainty about it, it's better if we see it in two months... in the media there are also many who predict that October 2024 will be a sweet month for Bitcoin, they come with their own analysis.. and maybe this will make many people optimistic... while I will remain careful and prepared if the opposite happens.
Everyone here must hope that the assets we hold will experience an increase in price, and I am also waiting for the altseason which I haven't seen for a long time.
-
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
Why not?
At least, these will be the early months towards a much better market. In Q4, at least there is new hope that Bitcoin can prove again for various good news, regardless of the end of BTC distribution for MT Gox users, and various other news. Clearly, based on the cycle charts that you display, usually Q4 will be a valuable and important moment for the development of BTC prices in the end towards the actual peak season of the bullrun.
...
https://www.cryptodispensers.com/blog/uptober-explained-how-october-became-bitcoins-most-bullish-month
It's a nice article, thanks for posting
I'm even going to re-post the part that I found very interesting to read and analyze
(https://i.ibb.co/18MKLhf/oct.png) (https://ibb.co/Gc9k0Bv)
Source: https://www.cryptodispensers.com/blog/uptober-explained-how-october-became-bitcoins-most-bullish-month
I once saw a user explaining about the end of the year and the tax/fiscal situation in the United States, which possibly causes users and even companies to invest in BTC from October onwards, and it makes more sense after reading this article
-
---
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
Looking at the history of Bitcoin in the last 3 months of each year, we can see that there's no pattern to it aside from the fact that Bitcoin is bullish for the month of October most of the time.
If we will follow the 4-year cycle though, the years where the bull run started which is 2016 and 2020 are all bullish in the last 3 months of the year. I'm not saying that it will happen again in 2024, but there's a high chance that it might happen just by looking at the history. Of course, I'm just predicting just like what others are doing but nevertheless, I believe that October will be a bullish year for Bitcoin, and there's a chance that the remaining 2 months might be a bullish one as well. :)
-
I just saw this news
Possibly indicates a bad September for the price ::)
(https://www.talkimg.com/images/2024/08/30/9NvDd.png)
Source: https://cointelegraph.com/news/bitcoin-sell-pressure-september-2024
Maybe we'll need to really wait for October hehehe 8)
-
---
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
Looking at the history of Bitcoin in the last 3 months of each year, we can see that there's no pattern to it aside from the fact that Bitcoin is bullish for the month of October most of the time.
If we will follow the 4-year cycle though, the years where the bull run started which is 2016 and 2020 are all bullish in the last 3 months of the year. I'm not saying that it will happen again in 2024, but there's a high chance that it might happen just by looking at the history. Of course, I'm just predicting just like what others are doing but nevertheless, I believe that October will be a bullish year for Bitcoin, and there's a chance that the remaining 2 months might be a bullish one as well. :)
Yes I also agree with you, we can see a bullish end of this year as well, and there is a high possibility that we will see a big pump in 2025. We will probably see Bitcoin 100k by 2025. If we look at this month's chart, we can see that Bitcoin price has fluctuated a lot in this current month of August, at the beginning of this month, Bitcoin price was 64k and after dropping down to 49 in the middle, Bitcoin price is currently 58k. Whereas it was supposed to be above 70k this month, but anyway we're going to see something better later this year and into 2025.
-
I've already commented a few times in other posts that I'm optimistic about the end of the year and BTC, especially in the month of October, which historically has only seen BTC fall in 2 years (2014 and 2018)
Yesterday I saw this chart and got very excited
The Q4 of the year is going to be a good time for the market in my assumption. Bitcoin cannot be in correction mode for this long after the halving have taken place. I believe it may reach the ATH and continue on that trend until a new ATH is achieved. Just like you said, I’m expecting an uptober by October and the subsequent months to also be on the same uptrend path till we reach the end of the year. A correction may happen along the way, but the market will always finish the month on a green candle. My expectations for bitcoin are actually high in the last quarter of the year base on historical data.
-
This also means the market in September will be redish for the whole month. The pattern is quite revealing already like the prediction always happens every time.
If by the time the month of Sept ended where the market is oversold we may be seing the uptrend we are hoping. 80k as the election is approaching.
-
I've already commented a few times in other posts that I'm optimistic about the end of the year and BTC, especially in the month of October, which historically has only seen BTC fall in 2 years (2014 and 2018)
October, November, and December should be good time for Bitcoin. I assume most people have the same feeling, we are likely to have green market in 3 latest months of this year. However, it is still difficult to determine how high the price of Bitcoin in these months. I personally expect Bitcoin to reach a new ATH. And I want to see Bitcoin price above $80k. :D
This also means the market in September will be redish for the whole month. The pattern is quite revealing already like the prediction always happens every time.
According to historical aspect, it is likely to have red market again in September. However, the history doesn't always repeat, we may have a different market condition in the next month. Just prepare ourselves to face any market condition in September!
-
According to historical aspect, it is likely to have red market again in September. However, the history doesn't always repeat, we may have a different market condition in the next month. Just prepare ourselves to face any market condition in September!
The odds seem nkt 50/50. 2 halving years had past where the month of Sept was red. The fate of this month isn't joking, its only been green 3 times since the birth of Bitcoin.
The good thing though is that if you have some funds to buy, you can be sure to make money next month . Sept therefore gives opportunity for DCAers.
-
Hopefully.
Are we going to get it?
Still waiting for another month, hopefully this September will be at least the end of the severe market drop, and the end of various FUDs, at least to welcome the end of the year which usually the market will rise. However, this season, sometimes the cycle is not the same as last season, so I actually don't dare to have high hopes. Yes, at least, make sure we stay calm no matter what happens.
Is it possible that Uptober can really print a new ATH? Or at least the price of BTC can be estimated at more than $ 67k and go higher?
-
~snip~
If we will follow the 4-year cycle though, the years where the bull run started which is 2016 and 2020 are all bullish in the last 3 months of the year. I'm not saying that it will happen again in 2024, but there's a high chance that it might happen just by looking at the history. Of course, I'm just predicting just like what others are doing but nevertheless, I believe that October will be a bullish year for Bitcoin, and there's a chance that the remaining 2 months might be a bullish one as well. :)
Well observed, after the halving in 2016 and 2020, October turned out to be a very profitable month with a 40-50% increase in prices, and maybe it will be like that this time as well. One of the reasons that can point to this is that the price of BTC continues to hold relatively well regardless of occasional corrections, which gives hope that there are chances that history will repeat itself.
Honestly, even if nothing important happens in October, November and December this year, it should not be considered a bad sign - because there is enough time in 2025 for a big bull run.
+1
-
I like the wordplay you have included and shown here. It makes me feel excited as well, and I want to be placing long positions for this reason, lol.
Maybe this is the time that we can reach that ATH, like you said, lol. I do hope that it reaches higher now with everything that has happened and is being put out in the world, like the ETFs, etc.
-
I've already commented a few times in other posts that I'm optimistic about the end of the year and BTC, especially in the month of October, which historically has only seen BTC fall in 2 years (2014 and 2018)
Yesterday I saw this chart and got very excited
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
I'm bullish about Bitcoin in the Q4 because Bitcoin by default see October as the best time for performance. Another positive news in the month of October is that CZ is going to be release around September 28 or 29 I think and if he eventually get out of the prison, the September month is going to close well and October will be for candle growth.
This could also be a great time for another bull run which can happen this year again. You know it does start from a small run and then people fomo in later. Don't get caught sleeping when the time comes, better have some coins than have nothing at all but should be with what you can afford to lose.
-
October, November, and December should be good time for Bitcoin. I assume most people have the same feeling, we are likely to have green market in 3 latest months of this year. However, it is still difficult to determine how high the price of Bitcoin in these months. I personally expect Bitcoin to reach a new ATH. And I want to see Bitcoin price above $80k. :D
A new ATH doesn't seem that far away, after all it was only 4k above the previous ATH (69k), which makes me very optimistic that a new high is just around the corner
If it ends up at 80k by the end of October I'll be very happy hehehe
The Q4 of the year is going to be a good time for the market in my assumption. Bitcoin cannot be in correction mode for this long after the halving have taken place. I believe it may reach the ATH and continue on that trend until a new ATH is achieved. Just like you said, I’m expecting an uptober by October and the subsequent months to also be on the same uptrend path till we reach the end of the year. A correction may happen along the way, but the market will always finish the month on a green candle. My expectations for bitcoin are actually high in the last quarter of the year base on historical data.
I think many of us are expecting a good Q4 for Bitcoin
It seems like ATH was yesterday, and it's already been 5 months :o
-
---
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
Looking at the history of Bitcoin in the last 3 months of each year, we can see that there's no pattern to it aside from the fact that Bitcoin is bullish for the month of October most of the time.
If we will follow the 4-year cycle though, the years where the bull run started which is 2016 and 2020 are all bullish in the last 3 months of the year. I'm not saying that it will happen again in 2024, but there's a high chance that it might happen just by looking at the history. Of course, I'm just predicting just like what others are doing but nevertheless, I believe that October will be a bullish year for Bitcoin, and there's a chance that the remaining 2 months might be a bullish one as well. :)
Yes I also agree with you, we can see a bullish end of this year as well, and there is a high possibility that we will see a big pump in 2025. We will probably see Bitcoin 100k by 2025. If we look at this month's chart, we can see that Bitcoin price has fluctuated a lot in this current month of August, at the beginning of this month, Bitcoin price was 64k and after dropping down to 49 in the middle, Bitcoin price is currently 58k. Whereas it was supposed to be above 70k this month, but anyway we're going to see something better later this year and into 2025.
Of course, all my hopes and expectations on bitcoin price being bullish is by next year 2025,but the bull can start at the last quarter of this year gradually before hitting the peak next year. August has being a month of consolidation and the highest bitcoin price have hit is 64k. This is only a speculation because no one can predict when such wi happen, and there is no guarantee that we can use past events to predict the future due to some factors.
-
Honestly, even if nothing important happens in October, November and December this year, it should not be considered a bad sign - because there is enough time in 2025 for a big bull run.
But many people will be not confident anymore if there is no good market in October, November, December. In the previous cycles, there were always good market at the end of the first year of bullish season. We can check again the market condition in these months of 2020 and 2016. I know we have a long time for big bullrun in 2025 but there should be the important sign at the end of this year. Whether it will be good or bad sign. If there is no significant increase, it seems people will assume there may be no big pump anymore in the next year.
-
@UNIVERSE, we can hope that history will repeat itself, but we must be aware of the possibility that it may not happen. For the first time this year, we had an ATH before the halving, and that in a way already showed that the cycle was disrupted.
All those who rely exclusively on cycles when it comes to their investments are exposed to a much greater risk than those who try to look at a much wider picture.
What is definitely positive is that interest rates in the US will be reduced for the first time after 2020, but that similar moves will also take place in the EU (although there have already been cuts there), which means cheaper money for investors.
What, in my opinion, is negative (questionable) is the election for the president of the US, which will be held at the beginning of November and which, given the "obsession" of many crypto investors, obviously plays a big role in their plans. The new president will not be inaugurated until January 20, 2025, so that should also be taken into account.
-
@UNIVERSE, we can hope that history will repeat itself, but we must be aware of the possibility that it may not happen. For the first time this year, we had an ATH before the halving, and that in a way already showed that the cycle was disrupted.
All those who rely exclusively on cycles when it comes to their investments are exposed to a much greater risk than those who try to look at a much wider picture.
What is definitely positive is that interest rates in the US will be reduced for the first time after 2020, but that similar moves will also take place in the EU (although there have already been cuts there), which means cheaper money for investors.
What, in my opinion, is negative (questionable) is the election for the president of the US, which will be held at the beginning of November and which, given the "obsession" of many crypto investors, obviously plays a big role in their plans. The new president will not be inaugurated until January 20, 2025, so that should also be taken into account.
When investing on cryptocurrency market then the best mindset that you should really be having is to have that kind of approach about on expecting something into those things which are unexpected to happen. Why? There's no such thing about having an assurance when it comes into those similar situations that happened in the past will really be happening in the future.
Somehow it would really be having that kind of rhyming at least and this is why people would be having that kind of positive insights that it could really be able to go into the same path.
Its not bad on being optimistic but make it sure that you have some back up plans on the moment that it wont really be happening as we do expect.
-
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
honestly i also expected for the new ath to be recorded during the months of august to september and i am pretty sure i was not the only one who did expect that it will be difficult to say for sure which months should we extra attentive in seeing that so far all my recent speculations have been wrong
-
But many people will be not confident anymore if there is no good market in October, November, December. In the previous cycles, there were always good market at the end of the first year of bullish season. We can check again the market condition in these months of 2020 and 2016. I know we have a long time for big bullrun in 2025 but there should be the important sign at the end of this year. Whether it will be good or bad sign. If there is no significant increase, it seems people will assume there may be no big pump anymore in the next year.
I also believe we will have Uptober + Moonvember + Pumpcember in 2024 because it's a crucial period for the recovery and growth of many ALTs after receiving inflows from BTC. I will still believe in the cycle until it's completely broken.
The FED interest rate cut in September will strengthen the growth potential of the financial market, including crypto. At the same time, the presidential election will maintain the community interest in crypto as crypto has become an important issue in debates and differentiating the policies of Trump and Harris.
I will hold my crypto assets through Q4 2024 and will not sell any tokens until Q1 2025. That's the action I've chosen since I started DCA in mid-2022.
-
I also believe we will have Uptober + Moonvember + Pumpcember in 2024 because it's a crucial period for the recovery and growth of many ALTs after receiving inflows from BTC. I will still believe in the cycle until it's completely broken.
The FED interest rate cut in September will strengthen the growth potential of the financial market, including crypto. At the same time, the presidential election will maintain the community interest in crypto as crypto has become an important issue in debates and differentiating the policies of Trump and Harris.
I will hold my crypto assets through Q4 2024 and will not sell any tokens until Q1 2025. That's the action I've chosen since I started DCA in mid-2022.
Hehehe, I liked this combo of words: Uptober + Moonvember + Pumpcember 8) 8) 8)
It seems that prices are being influenced more by the Fed than other good news regarding BTC
The US elections will also play a role in the price as well
And at the end of it all, we still have the forecast of the BTC halving cycles that will supposedly influence the price from the beginning of 2025
but just a quick comment, BTC often shows signs of a life of its own and follows the opposite of logic :D
-
With the way we are drawing back, the increase could happen during September without waiting on October as well. I a mnot saying that it will, I am just saying that the possibility is out there. I think its clear that we are going to see this result be very great for everyone because we do not want to wait too long. The best thing about current market is that we have the potential to go up so much and we still haven't even started yet, so there is still time for anyone to get in it, and I think it will definitely be good to get in right now and wait until we start to make some money from it.
-
That's a nice table. For a second, I thought it's already October and had to check calendar to make sure ;D Anyway, yeah, the last quarter is where the real action is after the accumulation from the middle months. The only event I see that will cause a significant dump is the Black Friday sale on November.
-
That's a nice table. For a second, I thought it's already October and had to check calendar to make sure ;D Anyway, yeah, the last quarter is where the real action is after the accumulation from the middle months. The only event I see that will cause a significant dump is the Black Friday sale on November.
hahaha not yet
September got off to a bad start with BTC falling to 56k
In a few days it will drop to 55, 52, 50k and maybe even below that
Which may be an indication that in October things may start to improve hehehe and there will be room to go up
We don't need a Black Friday in november please ;D ;D ;D
-
After disappointed with downtrend on September looks many trader or investor very optimistic with October or Uptober opportunities for bitcoin and altcoin raising to higher price. In this month many bad news happening and bitcoin have down significant many time until become stable under $56k.
I don't think when the beginning moment start for bitcoin recovery back to higher price and make us holder from disappointed moment become happiness moment exactly for altcoin holder have holding more longer time with their altcoin assets.
-
After disappointed with downtrend on September looks many trader or investor very optimistic with October or Uptober opportunities for bitcoin and altcoin raising to higher price. In this month many bad news happening and bitcoin have down significant many time until become stable under $56k.
I don't think when the beginning moment start for bitcoin recovery back to higher price and make us holder from disappointed moment become happiness moment exactly for altcoin holder have holding more longer time with their altcoin assets.
Thus, although September might have been tough when the prices were diminishing, the view on October as “Uptober” is positive and rather anticipating. They have new opportunities and some chance to recover, so we might get excited about the Bitcoin and altcoins reaching even greater heights. Until we see that recovery, calk and faith in your investment plan can go along way into making the journey a lot more enjoyable. Let this month usher in the much-needed good news of change that has been anticipated!
-
@UNIVERSE, we can hope that history will repeat itself, but we must be aware of the possibility that it may not happen. For the first time this year, we had an ATH before the halving, and that in a way already showed that the cycle was disrupted.
Of course, it is not impossible that the history won't repeat as expected. Yes, the ATH surprisingly can be reached before the halving but I think we have a big reason, it is caused by the hype of Bitcoin ETF. Since the Bitcoin ETF looks not bring big impact, it drops gradually after it reaches the ATH. Besides other FUDs, the unexpected condition of Bitcoin ETF is influenced the current price.
I also believe we will have Uptober + Moonvember + Pumpcember in 2024 because it's a crucial period for the recovery and growth of many ALTs after receiving inflows from BTC. I will still believe in the cycle until it's completely broken.
Everyone seems trying to believe it. We all expect to reach the ATH again, those 3 months are expected to be the best time for Bitcoin in this year. The end of this first year seems to be crucial to determine the possible trend of Bitcoin price in the next year. I just hope we will have good pump in Bitcoin. I don't want investors will lose their confident because of no better condition of Bitcoin price.
-
Although you can hope the price will go up every time as it did in the past. The chart in the monthly time frame shows a telltale sign that it may not happen this year.
Market is always unexpected and learning that we may have a global recession, it may make us all suffer for a time. Price plunging so fast today.
-
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
If this chart is true, I can't wait for UPTOBER to come through because I am done with seeing my portfolio being this red all the time. This September is not good for the price of Bitcoin, even though it's allowed us to buy additional Bitcoin at a discount price, but still, we want some good price movement to reach at least $80k before the end of the year.
-
I've already commented a few times in other posts that I'm optimistic about the end of the year and BTC, especially in the month of October, which historically has only seen BTC fall in 2 years (2014 and 2018)
Yesterday I saw this chart and got very excited
(https://i.ibb.co/VYz6rD4/btc.png) (https://ibb.co/1GPchKW)
Source (https://www.coinglass.com/today)
What do you think? Could we have an UPTOBER? ;D ;D ;D
And reach again the ATH?
If history repeats itself then Uptober gonna still be dip looking from the above image on what it's gives us. And of course we can actually give exact answer to what next month would give birth to because lot of people are so optimistic to see bitcoin swimming between 73-100k but still didn't go as predicted even as that we won't keep hiding the truth that market is unpredictable rather it's very speculative and anyone would say what appears to their hearts about bitcoin. So to me it's important to understand what we want and what we don't want, so buying and accumulating much bitcoin while we wait for the bull run could be the best option currently since the market is support level now.
-
If this chart is true, I can't wait for UPTOBER to come through because I am done with seeing my portfolio being this red all the time. This September is not good for the price of Bitcoin, even though it's allowed us to buy additional Bitcoin at a discount price, but still, we want some good price movement to reach at least $80k before the end of the year.
The chart is true, it is the data of Bitcoin price in the previous months. But the question is 'will the history repeat'?
We may have a big chance to have good market in October, but the history of the Bitcoin monthly return doesn't guarantee anything. It means there is a possibility that it won't repeat as the previous months.
I think I am also quite satisfied with my portfolio, I have no intention to add big number of Bitcoin anymore. Well, many people expect Bitcoin will be above $80k at the end of this year. I think many people are preparing to sell their Bitcoin.
-
The odds seem nkt 50/50. 2 halving years had past where the month of Sept was red. The fate of this month isn't joking, its only been green 3 times since the birth of Bitcoin.
According to the chart, Bitcoin price dropped below $60k since very early of September. It never returned to $60k again until now. The chart patter looks not so different with the early of the previous month. And if we compared it with previous month, the highest price was around $64k and the lowest price was around $49k (Binance data). Because there is a similarity, it seems to have a chance dropping below $50k again this month. If it happens, the highest price of Bitcoin this month won't be so different with the highest price of the previous month. But if the lowest price is only $52k, we may have a chance to be above $65k.
I think it is not 50:50, it is clear that we are in the red market for this month.
(https://talkimg.com/images/2024/09/08/BQGad.jpeg)
Sources: CoinMarketCap, Binance
The good thing though is that if you have some funds to buy, you can be sure to make money next month . Sept therefore gives opportunity for DCAers.
Sure, this month is a good time to buy again Bitcoin with DCA.
Unfortunately, I've no enough money to buy Bitcoin. I think I'll prefer to wait and see, I've enough Bitcoin on my wallets.
-
Sure, this month is a good time to buy again Bitcoin with DCA.
Unfortunately, I've no enough money to buy Bitcoin. I think I'll prefer to wait and see, I've enough Bitcoin on my wallets.
Is anyone here still buying BTC?
Honestly
Because at least I don't have much fiat or stables left to buy more BTC ;D
I get the impression that in that drop below 50k last month, most of us who were expecting better prices ended up buying already
And those who are always waiting for it to go down, down and down, aren't going to buy anyway because they always think it's going to go down even more
-
Currently now, the market is becoming more visible for bull continuation as we can observed from the trend in todays performance, since we are still in the early days of the month, we should expect that the market price will rise beyond where is reached as of last moth and this time, there is going to be a bullish move before the end of the month from the indicators and signals received already from the chart.
-
Currently now, the market is becoming more visible for bull continuation as we can observed from the trend in todays performance, since we are still in the early days of the month, we should expect that the market price will rise beyond where is reached as of last moth and this time, there is going to be a bullish move before the end of the month from the indicators and signals received already from the chart.
Still far away from bullish moment after bitcoin and altcoin price got difficult for recovering to higher price, I don't sure yet in this moment get bullish moment because bitcoin get completed problem and have long term failed break out new All Time Higher price almost 5 months ago. Trend market today still down and only good opportunity keep accumulate than for selling because still away from much profitable to earn.
At the end of this month can't predict yet will bitcoin going up or keep going down without any good news difficult to make market keep stable on higher price.
-
Expecting a specific moment to do something like this is not really that good, we shouldn't really be putting a specific date to having this kind of return. I understand that it may not feel like its a big deal, but its actually quite a huge deal when you think about it. Why? Because we are dealing with something that takes some time and because of that we should be considering this as a bigger deal. When you put a date in your mind and it doesn't go as well as you hope it would, you suddenly become unhappy with results, so always think of "future" and not a certain date and keep holding the coins you have.
-
FOMC meetings are on 18the September 2024 and I expect that 25 bps intrest rate can increase after that meeting mostly after 20th september 2024 we can see BTC move towards the 65k and so on.
-
With the performance shown by Bitcoin and Ethereum this month, there are many different reactions to what is happening in the crypto community. And the majority of them are not happy, and the others are taking advantage of the opportunity while the scenario of the crypto market is not good.
Regardless of what is written in the report, it is difficult for us to immediately trust the thing that we think is likely to happen; in short, it is still difficult to be sure and hope. That's why it's still good to go long-term, so there's no more hassle or stress to feel. So, my final assessment it is still unpredictable.
-
Uptober have been over and we got disappointed result with bitcoin and altcoin price still out expectation after dropping significant, I don't think how many months later bitcoin will return back to higher price around almost two weeks on September bitcoin and market condition not stable yet. We faced difference reaction from investor how make them get difficult to earn much profitable as short term trading and not worth it for long term trading keep accumulate how much as possibilities during market still down and not showing good progress recovery for higher price.
Uptober have been over will September full bullrun or keep bearish with bitcoin and altcoin get down trend moment.
-
2 days from now (September 18th), the FED will probably announce an interest rate cut, either 25 bps or 50 bps, we don't know yet, but probably 25
This cut could influence the price of BTC, helping a possible rally in the end of the year
The US elections could also influence the price
What do you think? Do you agree?
-
2 days from now (September 18th), the FED will probably announce an interest rate cut, either 25 bps or 50 bps, we don't know yet, but probably 25
This cut could influence the price of BTC, helping a possible rally in the end of the year
The US elections could also influence the price
What do you think? Do you agree?
September 18 will be the nearest event that is indicated to increase the price of Bitcoin, and hopefully this interest rate cut will be the starting point of the upcoming bullishness.
And the US election will also take place in November 2024 which is expected to be a good influence for Bitcoin.
-
2 days from now (September 18th), the FED will probably announce an interest rate cut, either 25 bps or 50 bps, we don't know yet, but probably 25
This cut could influence the price of BTC, helping a possible rally in the end of the year
The US elections could also influence the price
What do you think? Do you agree?
September 18 will be the nearest event that is indicated to increase the price of Bitcoin, and hopefully this interest rate cut will be the starting point of the upcoming bullishness.
And the US election will also take place in November 2024 which is expected to be a good influence for Bitcoin.
Tomorrow the 18th of September could potentially be another big day for Bitcoin, more especially when there is an event that could provide the much needed boost o the value of the currency. The lower interest rates are usually perceived as a positive signal in the market, so there is much hope that the Bitcoin price will do the same. Similarly, the US general election in November may also pressure the cryptocurrency market if some of the results define specific policies regarding digital currencies. Therefore, one could conclude, there were some interesting factors that could positively impact Bitcoin’s movement in the near future.
-
2 days from now (September 18th), the FED will probably announce an interest rate cut, either 25 bps or 50 bps, we don't know yet, but probably 25
This cut could influence the price of BTC, helping a possible rally in the end of the year
The US elections could also influence the price
What do you think? Do you agree?
September 18 will be the nearest event that is indicated to increase the price of Bitcoin, and hopefully this interest rate cut will be the starting point of the upcoming bullishness.
And the US election will also take place in November 2024 which is expected to be a good influence for Bitcoin.
Tomorrow the 18th of September could potentially be another big day for Bitcoin, more especially when there is an event that could provide the much needed boost o the value of the currency. The lower interest rates are usually perceived as a positive signal in the market, so there is much hope that the Bitcoin price will do the same. Similarly, the US general election in November may also pressure the cryptocurrency market if some of the results define specific policies regarding digital currencies. Therefore, one could conclude, there were some interesting factors that could positively impact Bitcoin’s movement in the near future.
We cant really be able to deny that when it comes to fundamentals or news then this market would really be that highly reactive on which it would really be neither be getting in line with those
sentiments whether a positive or negaitve on which we know that there's no way that we could really be able to tell whether it will really be basing up into that sentiment or not.
On the moment that you are a type of trader or investor who would really be having that kind of approach on where you would really be basing up on the things on what
you are currently seeing or looking.
-
2 days from now (September 18th), the FED will probably announce an interest rate cut, either 25 bps or 50 bps, we don't know yet, but probably 25
This cut could influence the price of BTC, helping a possible rally in the end of the year
The US elections could also influence the price
What do you think? Do you agree?
Interest rates and the current US election are the 2 big factors towards the price of Bitcoin. Looking at this picture: LINK (https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html)
(https://www.talkimg.com/images/2024/09/17/gXw7J.png)
There's a 63% chance that they might be cutting 50 basis points. Most of the time, the price of Bitcoin tumbles if the FED cuts interest rates and if this happens, let's expect that Bitcoin will drop again in the upcoming days. As I did a quick google search, it seems like it's a negative thing whenever the FED cuts interest rates, eh? :D Well, it's understandable if Bitcoin goes down this month since based on history, September isn't a bullish month. If it happened in October then we have a problem.
-
Is anyone here still buying BTC?
Honestly
Because at least I don't have much fiat or stables left to buy more BTC ;D
I am very sure there are still some people who keep buying Bitcoin. Even I also will keep buying Bitcoin if I have enough funds.
No problem if you don't have fiats, you can collect some Bitcoin by following the campaign paid in Bitcoin. You are following Mixero campaign, right? You get some Bitcoin weekly.
I get the impression that in that drop below 50k last month, most of us who were expecting better prices ended up buying already
And those who are always waiting for it to go down, down and down, aren't going to buy anyway because they always think it's going to go down even more
I also think the drop will be lower. I assume it may reach $40k. However, it is quite good to reach around $50k and now it already moves almost reaching $60k again. Now, I guess Bitcoin to start increasing again. It is expected to cross %60k very soon and may try to reach $70k again.
-
I have been to many ups and downs of Bitcoin and am not anymore surprised to see so many discouraging dips and exciting rebounds. With bad August gone and sluggish September almost ending, we in the cryptocurrency market are all expecting that indeed October will be presenting us some delightful presents...and that it would really be an UPTOBER when BTC can be recording a new ATH, if not just hovering in the $70K zone would be fine with me. With many bad news that came to influenced the crypto market, I am looking forward to see some big good news that can hopefully push the prices of many coins to the top. Will our wishes be coming true in October...or it would just be the routine disappointments? Let's all find out together then.
-
We cant really be able to deny that when it comes to fundamentals or news then this market would really be that highly reactive on which it would really be neither be getting in line with those
sentiments whether a positive or negaitve on which we know that there's no way that we could really be able to tell whether it will really be basing up into that sentiment or not.
-snip-
The fundamentals will be correlated with the technical so that the two will not be separated.
Seeing how trends are always changing, which makes crypto prices also fluctuate.
Strong fundamentals such as in the presidential election will affect the price of bitcoin, assuming that whoever is elected will either support bitcoin or they will reject bitcoin.
Always be prepared for all the trends that will happen, see how the fundamentals are in the news that appears.
-
We cant really be able to deny that when it comes to fundamentals or news then this market would really be that highly reactive on which it would really be neither be getting in line with those
sentiments whether a positive or negaitve on which we know that there's no way that we could really be able to tell whether it will really be basing up into that sentiment or not.
-snip-
The fundamentals will be correlated with the technical so that the two will not be separated.
Seeing how trends are always changing, which makes crypto prices also fluctuate.
Strong fundamentals such as in the presidential election will affect the price of bitcoin, assuming that whoever is elected will either support bitcoin or they will reject bitcoin.
Always be prepared for all the trends that will happen, see how the fundamentals are in the news that appears.
We can use solely technical analysis or fundamentals but it's best to use both. It's really true that presidential election has really affects the price of cryptocurrencies depends on whoever elected in it. I also consider this as a very effective fundamental, and it's already proven before, not only in crypto but also in forex and stocks who's been there already before the launch of Bitcoin. Usually, big players connecting their actions with the technical analysis and we noticed it if we monitor them.
-
September looked quite good and I think that we may have a little trouble because of that. October normally should have been the moment when the price goes up, but it went up already and that means how much more it could go up at the same time. We should definitely see this at a different rate and I think that October could be hard. Or the alternative is that we are going to see a drop for the rest of the month and that would mean that we are going to see an increase on October yet again. Or another one would be that its going to see that 70k+ coming again and that would be a great situation.
-
The fundamentals will be correlated with the technical so that the two will not be separated.
Seeing how trends are always changing, which makes crypto prices also fluctuate.
You're right. Fundamental and technical aspect surely have a correlation. And when we make an analysis, we can't focus on one of them only, we must analyze both aspects. It is because both may be the reasons for the changes of the trends in the market. So, both of them are important.
Strong fundamentals such as in the presidential election will affect the price of bitcoin, assuming that whoever is elected will either support bitcoin or they will reject bitcoin.
US president election must be quite crucial. Moreover, both candidates try to get the attention of crypto supporters in this time. Trump looks the most active candidate to get our supports. This US president election becomes more interesting.
Always be prepared for all the trends that will happen, see how the fundamentals are in the news that appears.
Of course, we must be ready to deal with any possible trend. We don't really know what trend to happen in the near future. We must have alternative plan for the unexpected thing that possibly happens.
-
September looked quite good and I think that we may have a little trouble because of that. October normally should have been the moment when the price goes up, but it went up already and that means how much more it could go up at the same time. We should definitely see this at a different rate and I think that October could be hard. Or the alternative is that we are going to see a drop for the rest of the month and that would mean that we are going to see an increase on October yet again. Or another one would be that its going to see that 70k+ coming again and that would be a great situation.
I tend to agree with you, but take a look at this chart again hehehe
(https://i.ibb.co/VYz6rD4/btc.png) (https://ibb.co/1GPchKW)
Source (https://www.coinglass.com/today)
If September is good there's a great chance that history will repeat and we can have our Uptober and maybe even more 8)
-
September looked quite good and I think that we may have a little trouble because of that. October normally should have been the moment when the price goes up, but it went up already and that means how much more it could go up at the same time. We should definitely see this at a different rate and I think that October could be hard. Or the alternative is that we are going to see a drop for the rest of the month and that would mean that we are going to see an increase on October yet again. Or another one would be that its going to see that 70k+ coming again and that would be a great situation.
FED has cut down rates and same with China has they have also cut down rates. This will make the price of bitcoin pump, and I believe that you have stared experiencing it because currently the price of bitcoin is at 66k+ which is a good sign that October is always a good month for bitcoin since history since the price of bitcoin pumps during this month. However, we cannot use the past to be a guarantee for the future price of bitcoin.
-
October has historically been the most profitable month considering median (not average) percentage performance, the best in terms of average performance is November.
The problem is almost everyone expects the price to follow that trend, but the market likes to move in the opposite direction to what the majority predicts. We somehow broke the trend and September (historically a losing month) finished with a positive growth, so there's nothing stopping October to also break the trend but in the opposite direction. And when things don't look good around the middle of the month, a panic might kick in and some investors might be heading for the exit.
All in all, I'm staying positive and think there are more signs indicating we might start an upward trajectory soon.
-
October has historically been the most profitable month considering median (not average) percentage performance, the best in terms of average performance is November.
The problem is almost everyone expects the price to follow that trend, but the market likes to move in the opposite direction to what the majority predicts. We somehow broke the trend and September (historically a losing month) finished with a positive growth, so there's nothing stopping October to also break the trend but in the opposite direction. And when things don't look good around the middle of the month, a panic might kick in and some investors might be heading for the exit.
All in all, I'm staying positive and think there are more signs indicating we might start an upward trajectory soon.
Traders will almost certainly do everything they can to keep it that way, such as buying up every last bitcoin on Earth, if it made Uptober happen right now.
Right now the price is still above $60K. Nothing is really stopping it from going higher if it can keep this support intact.
Like I wrote in another thread, just wait for a couple more weeks and see what happens then.
-
We can consider this month of the year as a particularly positive month for Bitcoin. As is the case with Bitcoin throughout the year, expectations are higher this month than any other month. We haven't seen much bullish movement in Bitcoin for the past few months but our expectations for the upcoming bull run are high. We place special emphasis on October as a month of reflection on that future. We may be able to see a big bull run in Bitcoin by the end of December this year or the first quarter of next year. And we can consider this month as an indication of that bull run. Bitcoin has been in decline for a while, we might be able to see a major change in the second week of this month.
-
We can consider this month of the year as a particularly positive month for Bitcoin. As is the case with Bitcoin throughout the year, expectations are higher this month than any other month. We haven't seen much bullish movement in Bitcoin for the past few months but our expectations for the upcoming bull run are high. We place special emphasis on October as a month of reflection on that future. We may be able to see a big bull run in Bitcoin by the end of December this year or the first quarter of next year. And we can consider this month as an indication of that bull run. Bitcoin has been in decline for a while, we might be able to see a major change in the second week of this month.
I'm not sure if "the second week of this month" is enough to see a major price change. You might need to add one more week so that your expectations aren't let down and you don't get disappointed.
All this rushing to get the price up isn't good for you and you might get exhausted from waiting so long, so just focus on doing something else and forget about it for the next two weeks.
-
-snip-
All this rushing to get the price up isn't good for you and you might get exhausted from waiting so long, so just focus on doing something else and forget about it for the next two weeks.
Forget and let the market work properly, instead of having to look at market prices that do not meet expectations with the tagline "UPTOBER" but in the end it becomes "DOWNTOBER".
The trend will continue to change, including the October trend which does not always experience a high increase, just need to wait for the next bullish to arrive, you have to be patient.
-
-snip-
All this rushing to get the price up isn't good for you and you might get exhausted from waiting so long, so just focus on doing something else and forget about it for the next two weeks.
Forget and let the market work properly, instead of having to look at market prices that do not meet expectations with the tagline "UPTOBER" but in the end it becomes "DOWNTOBER".
The trend will continue to change, including the October trend which does not always experience a high increase, just need to wait for the next bullish to arrive, you have to be patient.
A must thing to be done because of too much expectation would really be leading up into such disappointment on which it might lead up into those kind of impulsive actions
which it will really be affecting out your overall investment .We do know that when it comes into this aspect, there's no way that we could really be able to predict on what would happen in the future. On the moment or time that you've been expecting too much then it will really be just that make you angry. ;D
-
A must thing to be done because of too much expectation would really be leading up into such disappointment on which it might lead up into those kind of impulsive actions
which it will really be affecting out your overall investment .We do know that when it comes into this aspect, there's no way that we could really be able to predict on what would happen in the future. On the moment or time that you've been expecting too much then it will really be just that make you angry. ;D
So like I said before, Just let everything go as it should. Just look and watch how the crypto market is going, and you also need to prepare everything.
Filling your bag with the supplies you need for the upcoming bull market, don't waste this opportunity.
There will be more profits to be gained if we are a little smarter and don't think too much about the uncertain state of resignation, just buy and hold for a higher price target.
-
Forget and let the market work properly, instead of having to look at market prices that do not meet expectations with the tagline "UPTOBER" but in the end it becomes "DOWNTOBER".
The trend will continue to change, including the October trend which does not always experience a high increase, just need to wait for the next bullish to arrive, you have to be patient.
Even if we want to see Uptober, the market will go as it is. We can't force for the bullish in October. Unless we have a power to pump the price like the whales, we only can see and wait for the next bullish. I don't think this Downtober will last a long time, it is just temporary down.
Yes, the trend will change in a short time. Moreover, we have positive market in the previous seasons. I think we will have UpNovember and UpDecember if we have DownOctober. If we can be patient, we won't be frustrated in holding the coins. We know that we still have the next year for the peak of bullish season.
-
By the looks of things, we can assume there isn't really anything that hardcore going on right now, I feel like we are going to end up with a good return one way or another and shouldn't really be worried about how any of this looks if you ask me. I believe the best thing we can go with right now would be just focusing on how to get better with our own investments and not look at just months. If you fixate on these periods then you are not going to benefit at all, October or November doesn't matter, what you have and how much you are making is the only thing that matters here.
-
-snip-
Yes, the trend will change in a short time. Moreover, we have positive market in the previous seasons. I think we will have UpNovember and UpDecember if we have DownOctober. If we can be patient, we won't be frustrated in holding the coins. We know that we still have the next year for the peak of bullish season.
Yes, I believe that and there are many more opportunities to rise because this bear market may be temporary.
Need to wait and be patient to reach the bull market and while waiting I also prepare my bag so that more profits will be obtained.
The trend does continue to change as time goes by, although the previous trend in the same month has increased,
but this year is quite different and the trend is also not easy to predict.
-
I believe the best thing we can go with right now would be just focusing on how to get better with our own investments and not look at just months. If you fixate on these periods then you are not going to benefit at all, October or November doesn't matter, what you have and how much you are making is the only thing that matters here.
How to focus on the way to get better? Do we need to learn something? :-\
IMO, the best thing that we can do now is to be patient. Crypto market looks hard to improve now but it doesn't mean we will have no more green market. October, November, December is predicted to be the green market. However, it is true that we don't blindly rely on these months. It is not impossible that there will be no significant move in crypto prices in this months.
-
I believe the best thing we can go with right now would be just focusing on how to get better with our own investments and not look at just months. If you fixate on these periods then you are not going to benefit at all, October or November doesn't matter, what you have and how much you are making is the only thing that matters here.
The timing is when the market will be bullish is one thing that's made and also marred so many Bitcoin investors. Unless you're a short time investor who's trying to pick up any little gain, being too curious of when the bull run will hit the market I think is unnecessary. Like you rightly said, it's best we focus on the movement of the market and also analyze if it'll favour us at the end and not to be more concerned about the when the price of Bitcoin will skyrocket
-
How to focus on the way to get better? Do we need to learn something? :-\
IMO, the best thing that we can do now is to be patient. Crypto market looks hard to improve now but it doesn't mean we will have no more green market. October, November, December is predicted to be the green market. However, it is true that we don't blindly rely on these months. It is not impossible that there will be no significant move in crypto prices in this months.
Like I said, you can't focus on the time period, that's how you focus to get better. If you focus on just October to make profit then you are not going to be making any profits, even if october is great, then some other time you will focus on some other month and will not be good. We are probably on the verge of making some good bull run, so if you do it around these times there is a chance you will be right, but then later on you will lose. If we want to be better investors, we need to focus on long term, as in goal oriented approach, if we can do this then we are going to end up with a much bigger profit.
-
As per my view on BTC price we can say that 70k is no so far as we retest the 60k very well now the sky is limit for uptomber.
70k soon just wait and watch.
-
As per my view on BTC price we can say that 70k is no so far as we retest the 60k very well now the sky is limit for uptomber.
70k soon just wait and watch.
Its not bad on being optimistic but it would be better that you shouldnt really be that expecting too much when it comes into this aspect. Market is volatile and there's no way that it could be having that kind of assurance that it will really be moving up that way. Its always that recommended that you should make yourself that versatile when it comes into the conditions on which this market
could really be having. There's no way that you can be able to assure on what would happen and thats why in every actions you make then risks management and handling will
really be much needed or something that will be relevant.
-
I was looking for an entry around 60500 in the previous days, and it pushed through. It is currently up, and it may be turning into October. I hope we reach the all-time high again and break through.
A lot of people have probably made money with this. I just hope that this year we could reach a higher high.
-
I was looking for an entry around 60500 in the previous days, and it pushed through. It is currently up, and it may be turning into October. I hope we reach the all-time high again and break through.
A lot of people have probably made money with this. I just hope that this year we could reach a higher high.
The price of currently unpredictable as it has not gone above 66k+ for quite some time now. Of course, it will be good to see bitcoin price just keep going up but it is not possible. Uptober should be a green light zone for bitcoin and I believe that before the end of the month bitcoin price would go above 66k
-
I was looking for an entry around 60500 in the previous days, and it pushed through. It is currently up, and it may be turning into October. I hope we reach the all-time high again and break through.
A lot of people have probably made money with this. I just hope that this year we could reach a higher high.
It was a good opportunity to get BTC under 60k, I think it reached a little less than 59k
Now it's 63k, not bad, 4% in 24h
A perfect end of the year for me is: 72k end of october, 80k end of november, 90k in Christmas 8) 8) 8)
-
I think what's blocking the price from going up right now is the political situation in the Middle East, i.e. Isreal invading Lebanon, which created a scare that this could cause an international global conflict aka WW3.
When (or if) the situation stabilises and deescalates, we might see more confidence in markets, including crypto and maybe will have the long-awaited beginning of the bull run.
It's a shame though that Bitcoin fails to decouple itself from equities and is not widely seen as a safe asset for uncertain times like the gold is. Or maybe not? Gold is doing exceptionally good but Bitcoin's return for the last year is far better than gold's.
-
I was looking for an entry around 60500 in the previous days, and it pushed through. It is currently up, and it may be turning into October. I hope we reach the all-time high again and break through.
A lot of people have probably made money with this. I just hope that this year we could reach a higher high.
It was a good opportunity to get BTC under 60k, I think it reached a little less than 59k
Now it's 63k, not bad, 4% in 24h
A perfect end of the year for me is: 72k end of october, 80k end of november, 90k in Christmas 8) 8) 8)
This is exactly what everyone desires because the price is what keeps people interacting globally and when the price is not longer being bullish then it stir up too much concerns to newbie investors, while the professional traders see this very moments as a time to keep accumulating enough volume of bitcoin. Yes if there is no much market forces to decline the price or either any bad news to keep price stagnated in a particular spot then there could be every possibility for increase within Christmas as you said.
-
I was looking for an entry around 60500 in the previous days, and it pushed through. It is currently up, and it may be turning into October. I hope we reach the all-time high again and break through.
A lot of people have probably made money with this. I just hope that this year we could reach a higher high.
It was a good opportunity to get BTC under 60k, I think it reached a little less than 59k
Now it's 63k, not bad, 4% in 24h
A perfect end of the year for me is: 72k end of october, 80k end of november, 90k in Christmas 8) 8) 8)
I like how your hopes are so high and have this big optimism about the price of bitcoin in this period. That spike that happened yesterday was something that was expected but not that recent as we saw it happening. With the way the price have moved to $66K, if it should continue on this trend and only experience little correction in the future, we should be anticipating for a $90-$100K by end of the year. Those that got the price at less than $60K are the lucky ones because they’ll be in some profits already even though the bull hasn’t really started yet. I’m all in optimistic about it and I see the trend going all the way to $70K before any major correction.
-
It seems that this rise in the price of Bitcoin was motivated by the stimulus in the Chinese economy, which disappointed most, and the polls of the American elections, which seem to favor Trump
Some more good news and soon BTC could hit ATH again, and if the elections are confirmed in favor of President Trump, there could be a good rally in the following days
Just speculation on my part, but I believe it 8) 8) 8)
-
Yes, I believe that and there are many more opportunities to rise because this bear market may be temporary.
Need to wait and be patient to reach the bull market and while waiting I also prepare my bag so that more profits will be obtained.
The trend does continue to change as time goes by, although the previous trend in the same month has increased,
but this year is quite different and the trend is also not easy to predict.
Bearish or bullish just lasts a short time. Now, the bearish is over, we are heading bullish. It is true that we must have many opportunities. If we check the price of Bitcoin, it is already above $67k today. We may have a chance to see the Bitcoin price above $70k again in the near future. But we must be patient because maybe there is a correction again.
I think October-December won't be the same as August-September. We expect to see bullish time in these months. The current price shows the possibility.
-
Today, oct 20, it's been almost 2/3 of October and BTC is worth more than 68k 8)
I have two questions for you guys:
Do you think we can still have ATH in October?
Do you think BTC will end the month above 69k?
-
There's only a few hours left to end October, and we are at the edge of 70k hehehe
Exactly 70,400 USD
So far it's a +11.81% in October, nothing bad, but we need to wait until the official end of OCT
If history repeats, we'll get another 2 months of rise in price 8) 8) 8)