Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Findingnemo on October 01, 2024, 08:05:53 PM
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Prices started to decline just before the start of this day and in some part of the world it might be but I still can't process out what exactly happened today that lead the price to take a nose dive down the hill when it has been promising and kind of bull run might kick in?
Is this purely due to the political thing that happened between Iran and Israel, not sure but read Iran launched ballistic missiles over Israeli citizens and might wait for another huge thing or anything else that happened meanwhile?
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Prices started to decline just before the start of this day and in some part of the world it might be but I still can't process out what exactly happened today that lead the price to take a nose dive down the hill when it has been promising and kind of bull run might kick in?
Is this purely due to the political thing that happened between Iran and Israel, not sure but read Iran launched ballistic missiles over Israeli citizens and might wait for another huge thing or anything else that happened meanwhile?
It is hard to predict the price movement of bitcoin and one thing you should know is that past records is not a guarantee of that the same thing will happen in future. There is no way that the price dipped on the last day of September and it will start pumping because it is 1st day of October. If October is a month for bitcoin price to pump and history wants to repeats itself, we will see the pump soon since October still has 30 days and this is the first day. Too much expectations on the month of October might disappoint those who believe in past records to repeat again because this year is different from other years before the bull run. For the first time in bitcoin history, bitcoin reached a new ATH before the halving and that maybe a sign that things might not go in similar direction like other ones.
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Prices started to decline just before the start of this day and in some part of the world it might be but I still can't process out what exactly happened today that lead the price to take a nose dive down the hill when it has been promising and kind of bull run might kick in?
Is this purely due to the political thing that happened between Iran and Israel, not sure but read Iran launched ballistic missiles over Israeli citizens and might wait for another huge thing or anything else that happened meanwhile?
I can’t really say if that was the cause of the decline in the market but if it was, it won’t still have been a surprise. The market was already on an upward trajectory before the end of September and as expected and predicted for October to be the month where the bull sets in and begin, it’s such a surprise to see it falling again. This might just be a little setback and we may see a more positive movement in this month as expected. We are just in the starting of the month and we may see a new total dimension to what it has begun with. After all, war since effect on the market, but for this, we have to wait and see further how the market behaves as related to the blooming war from Israel and Iran.
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We are literally on the first day of October :D I mean you are either joking, or you are a little bit impatient because you shouldn't wait for the price to start going up right away on the first day of the month. I am not saying that we are going to see the price jump up super high, it may not happen and we may fail too, there is nothing wrong with that and it could very well happen. However, we need to make sure that we know what we are getting here and at times that is not really that complicated to begin with. Just focus on making money by holding and October should be fine, if not then later on will be fine.
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Only a few hours have passed since the beginning of October or the political events, so there is no connection between these analyses, historical data and political events, especially since a 4% decline is normal in the cryptocurrency market.
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Only a few hours have passed since the beginning of October or the political events, so there is no connection between these analyses, historical data and political events, especially since a 4% decline is normal in the cryptocurrency market.
It was floating around $65-66K range comfortably for a while and holders assumed that this is the time for bull to kick in and I expected to be it around 70K honestly with the way things were going then this political event happened so I guess there's strong relation for the price of Bitcoin and geopolitical things.
For example Trump, the election results those are the expected breakout points as per analysis.
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Only a few hours have passed since the beginning of October or the political events, so there is no connection between these analyses, historical data and political events, especially since a 4% decline is normal in the cryptocurrency market.
It was floating around $65-66K range comfortably for a while and holders assumed that this is the time for bull to kick in and I expected to be it around 70K honestly with the way things were going then this political event happened so I guess there's strong relation for the price of Bitcoin and geopolitical things.
For example Trump, the election results those are the expected breakout points as per analysis.
Before the Iran attack on Israel, bitcoin price has been behaving in this pattern because if i could remember, last week bitcoin price does dip to $62k/ and pumps back to $65k+ and so on for three days before it was able to pump to $66k and never dip below $64K. This was why most speculators and investors were thinking that the bull run is around the corner. Seeing the price dip to $61k might not be any geopolitical issue. The thing is that people always find what to hold responsible for the dip/pump in price of bitcoin.
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We just started and this is not what we can easily predict about the aftermath, when a month just begins, the market price at the first instance does not have to be what it may ended with, which means during the cause of the month, there is hope for more to see under the market volatility, which may run in favour for bull market or for bear market as the case may be, we should only learn to stay informed about what to expect anytime forward.
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I get that we are as down as 60k and that is terrible of course but this doesn't mean that we are going to see even more drop. Of course its not going to happen, we are going to do fine without much and we will recover with time. I get that we are looking into this type of thing as bad usually in the crypto world, but we are not seeing any worries and this should not be a big deal. We are going see the price recovering quickly and we are going to get better deals without a doubt. I think we should consider this as normal as it gets. We will see the price increasing again and I will keep saying that no matter how much it drops.
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Only a few hours have passed since the beginning of October or the political events, so there is no connection between these analyses, historical data and political events, especially since a 4% decline is normal in the cryptocurrency market.
For Bitcoin that 4% decline isn't a new things but people have to understand that the market has to perform differently on different times. Sometimes it goes up without any exact reason and similarly sometimes it drops pretty badly without any 100% genuine reason. I think such decline isn't an issue but things may go wrong if Bitcoin drops below $55k within a week or two.
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It was floating around $65-66K range comfortably for a while and holders assumed that this is the time for bull to kick in and I expected to be it around 70K honestly with the way things were going then this political event happened so I guess there's strong relation for the price of Bitcoin and geopolitical things.
For example Trump, the election results those are the expected breakout points as per analysis.
The impact of political repercussions does not affect the price of Bitcoin immediately unless Covid is declared a pandemic or a mass market collapse, but the impact may appear after a while. For example, if a political conflict occurs, the price of oil will increase, which affects inflation, which affects financial and investment policies that may affect Bitcoin. We need days to see such effects, not direct interaction.
Remember that the cryptocurrency market still represents less than 3 trillion compared to markets with more than 30 trillion.
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Only a few hours have passed since the beginning of October or the political events, so there is no connection between these analyses, historical data and political events, especially since a 4% decline is normal in the cryptocurrency market.
For Bitcoin that 4% decline isn't a new things but people have to understand that the market has to perform differently on different times. Sometimes it goes up without any exact reason and similarly sometimes it drops pretty badly without any 100% genuine reason. I think such decline isn't an issue but things may go wrong if Bitcoin drops below $55k within a week or two.
Only newbies or to those new people who had just recently known crypto space would really be getting shocked with this kind of movement on which we know that this is really just that typical
into this market on having these kind of percentage drops. Its not that new anymore and to those who are already that old or have been on t his market for a while then they are really
that getting used to this movement. Instead on panicking out, they would really be rather seeing this as an opportunity for them to buy even more or accumulate on cheaper prices
and then sell on the moment that the market will be making out such recovery.
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It has only been three days. You have to relax and take it easy. Did you really expect the price to go over the moon in 72 hours?
Nobody was expecting Bitcoin to jump all this time, and certainly not in the span of a few days, so why all the unrest now?
Come back to this thread on 31 October, and I'm sure you'll be pleasantly surprised with the results.
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Is this purely due to the political thing that happened between Iran and Israel, not sure but read Iran launched ballistic missiles over Israeli citizens and might wait for another huge thing or anything else that happened meanwhile?
War always brings impact on crypto market. It is not surprising if Bitcoin and altcoins drop their prices when there is a war. We already experienced this many times, why we must feel doubt about this? However, I also think there are other reasons besides the war between Iran and Israel. Many investors may prefer to wait for the update information from the FED (about interest rate cut). They seem to hold their funds, they are not really interested to buy coins now. So, there is no more huge demand that can trigger the high increase in the coin prices anymore. Also, we seems to have an issue about MT GOX's repayment to creditors and FTX repays to customers in this month.
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October is actually my birth month and I have always done it to be a month of bull in the cryptocurrency market, but I am actually surprised how the reverse has just happened from the first days of October.
Well, I believe this correction is building up to something good maybe towards the end of October.
Whether Israel war or not, something must be attached to bitcoin crash.
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Prices started to decline just before the start of this day and in some part of the world it might be but I still can't process out what exactly happened today that lead the price to take a nose dive down the hill when it has been promising and kind of bull run might kick in?
Is this purely due to the political thing that happened between Iran and Israel, not sure but read Iran launched ballistic missiles over Israeli citizens and might wait for another huge thing or anything else that happened meanwhile?
Yes, I think the political conflict between Iran and Israel has brought about a big fall in the Bitcoin price and market. The way the situation is warming, there is a high probability of big war disruptions. Especially in the Middle East, terrible situation will spread on a large scale which in turn will lead to major devastation. And investors are withdrawing their investments by assuming this situation.
The market has lost the momentum it gained in the past few days. If Israel launches any new airstrikes, the conflict could be prolonged, which would have a major impact on the global economy. Currently the Ukraine Russia war is not over yet but if the war with Israel starts in the meantime then it will definitely be difficult to recover.
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October is actually my birth month and I have always done it to be a month of bull in the cryptocurrency market, but I am actually surprised how the reverse has just happened from the first days of October.
Well, I believe this correction is building up to something good maybe towards the end of October.
Whether Israel war or not, something must be attached to bitcoin crash.
Although October started with a general decline in the crypto market, I believe the remaining 30 days won't disappoint. Q4 has officially begun, and we should maintain an optimistic outlook for the market's future rather than fearfully selling tokens to whales and later regretting it.
War only captures investors' attention temporarily; next week they will forget about this event and focus on the financial market. Liquidity has been eased, the US presidential election is approaching, and cycles are repeating - crypto has sufficient grounds to resume growth soon and create new ATHs. I hope we can witness a new BTC ATH right in October :)
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I love how poeple are surpised October didn't start with a bull run!
History repeats itself only till it stops doing so, and September which was usually in red turns green so what's so impossible for October to end up with a 10% loss?
The market doesn't care about the past, it has never done so and will never do!
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As we can see, we are back to uptober once again, which is awesome because we really needed something like this. I believe in the fact that we are going to see this grow to be something much better. We are barely there just yet, we are going to get a lot higher too, its not going to be something small, its going to be awesome. So all in all we are going to see this grow higher and better with time as well. So we can't really consider this a bad month, we are seeing the price going up as you can see, so its not really a big deal so its still can go down and up at the same time and not a big problem.
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Is this purely due to the political thing that happened between Iran and Israel, not sure but read Iran launched ballistic missiles over Israeli citizens and might wait for another huge thing or anything else that happened meanwhile?
So far I know cryptocurrency that political factors also have a very big influence on the increase and decrease in prices. As OP wrote, if Iran and Israel are in conflict, the price of Bitcoin will fall, this evidence is clearly felt in all altcoins too. When Donald Trump was busy promoting his campaign, as far as I remember, the price of Bitcoin and altcoins also rose. It seems that politics also provides a very good situation in the effects of the increase and decrease of cryptocurrency, depending on whether we are ready to buy and sell coins that are invested to seek profit.
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I love how poeple are surpised October didn't start with a bull run!
History repeats itself only till it stops doing so, and September which was usually in red turns green so what's so impossible for October to end up with a 10% loss?
The market doesn't care about the past, it has never done so and will never do!
I'm very skeptical of technical analysis, of analysts or experts who try to predict the market
but some things are interesting to think about: the fact that October is usually a positive month for Bitcoin may not be just a coincidence, but may indicate that a lot of people buy BTC in October. Maybe it's because of salaries, taxes, etc so history could repeat itself another time hehehe
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Recently five days early on October, how much your optimistic with bitcoin will up or have trend Uptober? actually looking the world situation seems not support for bitcoin will hit higher price many conflict and economic world get downtrend. I think bitcoin difficult for October will raise higher price or seems table based on currently price.
usually the end of the year always have positive trend with bitcoin will reach higher price, but current world condition looks not supported for bitcoin will bounce to higher price, but wish always have positive trend and bitcoin return back for raising higher price exactly start at this month.
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So far I know cryptocurrency that political factors also have a very big influence on the increase and decrease in prices. As OP wrote, if Iran and Israel are in conflict, the price of Bitcoin will fall, this evidence is clearly felt in all altcoins too. When Donald Trump was busy promoting his campaign, as far as I remember, the price of Bitcoin and altcoins also rose. It seems that politics also provides a very good situation in the effects of the increase and decrease of cryptocurrency, depending on whether we are ready to buy and sell coins that are invested to seek profit.
News may have short-term impacts on the BTC price, but in the long run, the bullish trend of BTC during a bullrun will still be maintained. Sometimes, I even feel like we can predict when the market and politics will have significant positive or negative news based on BTC price chart.
I believe in market cycles, meaning we will have a very successful Q4 2024 for growth and Q1 2025 could be a time for accumulation or distribution. For now, I'm optimistic about the crypto market in Uptober: BTC price will rise and many ALTS will have impressive recoveries.
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I believe in market cycles, meaning we will have a very successful Q4 2024 for growth and Q1 2025 could be a time for accumulation or distribution.
I think you're absolutely right, we'll surely have good growth in these 3 months, and who knows if we see another Bitcoin ATH in this month and if that happens then in 3 months the Bitcoin will gain so good value that most of us can't even imagine. There's even chance that Q1 of 2025 might give us good returns as well.
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So far I know cryptocurrency that political factors also have a very big influence on the increase and decrease in prices. As OP wrote, if Iran and Israel are in conflict, the price of Bitcoin will fall, this evidence is clearly felt in all altcoins too. When Donald Trump was busy promoting his campaign, as far as I remember, the price of Bitcoin and altcoins also rose. It seems that politics also provides a very good situation in the effects of the increase and decrease of cryptocurrency, depending on whether we are ready to buy and sell coins that are invested to seek profit.
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I believe in market cycles, meaning we will have a very successful Q4 2024 for growth and Q1 2025 could be a time for accumulation or distribution. For now, I'm optimistic about the crypto market in Uptober: BTC price will rise and many ALTS will have impressive recoveries.
It seems like you are very confident in the Q4 2024 and Q1 2025 calculations, Is that what is called "ALTSEASON"?
I have asked other members (bayu7adi) in this forum but they have not answered my question about "ALTSEASON", please check my post >> https://www.altcoinstalks.com/index.php?topic=324711.msg1640031#msg1640031
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I love how poeple are surpised October didn't start with a bull run!
Why you love it? Do you take advantage that people feel disappointed?
Honestly, I am not happy when other people feel not happy. I expect we all feel happy because of big bullrun.
History repeats itself only till it stops doing so, and September which was usually in red turns green so what's so impossible for October to end up with a 10% loss?
September was in red in most days. Even if we have few pump in last month, it was still in lower price compared in March.
So far, we are in red in October but who knows it will turn to be green market in the next few days. Do you feel that it is impossible?
The market doesn't care about the past, it has never done so and will never do!
Market runs as it is, it doesn't care with anything.
The only one who cares, is the holder of coins. I don't care with market, I care with my coins.
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So far I know cryptocurrency that political factors also have a very big influence on the increase and decrease in prices. As OP wrote, if Iran and Israel are in conflict, the price of Bitcoin will fall, this evidence is clearly felt in all altcoins too. When Donald Trump was busy promoting his campaign, as far as I remember, the price of Bitcoin and altcoins also rose. It seems that politics also provides a very good situation in the effects of the increase and decrease of cryptocurrency, depending on whether we are ready to buy and sell coins that are invested to seek profit.
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I believe in market cycles, meaning we will have a very successful Q4 2024 for growth and Q1 2025 could be a time for accumulation or distribution. For now, I'm optimistic about the crypto market in Uptober: BTC price will rise and many ALTS will have impressive recoveries.
It seems like you are very confident in the Q4 2024 and Q1 2025 calculations, Is that what is called "ALTSEASON"?
I have asked other members (bayu7adi) in this forum but they have not answered my question about "ALTSEASON", please check my post >> https://www.altcoinstalks.com/index.php?topic=324711.msg1640031#msg1640031
Bitcoin price movement controls altcoins price and for that reason if bitcoin dips, altcoin also dips. If bitcoin pumps, majority of altcoins pumps too only the ones who cannot recover from price dip. This is why some people will say that it is altcoin season whenever bitcoin is experiencing a bull market. It is expected by many that bitcoin price should start pumping from this month and achieve in new ATH by the end of this year or first quarter of next year. Which means that altcoins price will also be high.
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I believe in market cycles, meaning we will have a very successful Q4 2024 for growth and Q1 2025 could be a time for accumulation or distribution.
I think you're absolutely right, we'll surely have good growth in these 3 months, and who knows if we see another Bitcoin ATH in this month and if that happens then in 3 months the Bitcoin will gain so good value that most of us can't even imagine. There's even chance that Q1 of 2025 might give us good returns as well.
History are most of the time becoming a repetitive story and in bitcoin market it has also been so. Bitcoin is a very popular and demanding coin that determines most of the movement of the whole market. Having a very good Q4 is what everyone is expecting and with the time so far into the Q4, one cannot say if that is going to be possible or not. We are in a position where the market has to make a very big bullish movement before one can decide the direction of the market in the remaining months left in Q4. I am also still bullish on this month, we may have an uptober before October ends.
I love how poeple are surpised October didn't start with a bull run!
Why you love it? Do you take advantage that people feel disappointed?
Honestly, I am not happy when other people feel not happy. I expect we all feel happy because of big bullrun.
The market does not care how people feel about its movement, it doesn’t deal with emotions of the people. It does what needs to be done and continue in the direction it wants. It is not an agreement that the market will always be bullish or bearish in some certain months, but if history repeats itself, it’s great and to see people happy is the greatest feeling relatable too.
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History are most of the time becoming a repetitive story and in bitcoin market it has also been so. Bitcoin is a very popular and demanding coin that determines most of the movement of the whole market. Having a very good Q4 is what everyone is expecting and with the time so far into the Q4, one cannot say if that is going to be possible or not. We are in a position where the market has to make a very big bullish movement before one can decide the direction of the market in the remaining months left in Q4. I am also still bullish on this month, we may have an uptober before October ends.
The price of October which was expected to increase since the beginning seems not to be good enough because of the war. So indeed if we look at the current situation, the possibility of the market to increase is still quite small. Indeed, history sometimes repeats itself, but often it cannot be in line or the same as history in previous cycles because there are indeed other external factors that influence it, especially war factors and also various other tensions. Yes, the only way is we have to be more vigilant and patient.
Expecting an increase this month may still happen, it's just that as you said it might take a while for now. Q3 approaching Q4 usually increases, let's see, if the situation subsides a bit, maybe the cycle will be the same. but we also have to be on guard and set several strategies to face whatever happened in the cryptocurrency market, whether alongside with our expectations or not.
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Prices started to decline just before the start of this day and in some part of the world it might be but I still can't process out what exactly happened today that lead the price to take a nose dive down the hill when it has been promising and kind of bull run might kick in?
Is this purely due to the political thing that happened between Iran and Israel, not sure but read Iran launched ballistic missiles over Israeli citizens and might wait for another huge thing or anything else that happened meanwhile?
Hmmm, I don't know the exact reason, but it didn't surprise me at all that we are seeing the market going up and down, and not up and up. :D
I mean, I'm more surprised that Bitcoin last month ended up in a green candle than what's happening this month. We still have 3 weeks left and I guess that's still a long way to wait on what will happen with the market for the month of October. What I would say though is that, we should lower our expectations because there might be many people that are very optimistic (like me), but still anything can happen. As for the political feud between Iran and Israel, I don't think that this has that much effect towards the crypto market. I believe it will only have an effect on the market if the superpower countries like US and China will be making big moves to participate in this war.
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I believe in market cycles, meaning we will have a very successful Q4 2024 for growth and Q1 2025 could be a time for accumulation or distribution.
I think you're absolutely right, we'll surely have good growth in these 3 months, and who knows if we see another Bitcoin ATH in this month and if that happens then in 3 months the Bitcoin will gain so good value that most of us can't even imagine. There's even chance that Q1 of 2025 might give us good returns as well.
We are in a very different cycle mate, at least this is what I though, because if you look at it, Bitcoin had a pre-halving ATH, so that is the first time and that could be the cue for us to see a different run this bull run cycle. So maybe in the last 3 months, movement might be very different, and then we have the geo-political wars in the background that might also affected the faith of investors in Bitcoin or in the altcoin market. And with that view, we should be just ready on anything that the market brings to us, expect the unexpected and adjust to the flow. It's good it if will follow the cycle, but if not, then so be it.
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I believe in market cycles, meaning we will have a very successful Q4 2024 for growth and Q1 2025 could be a time for accumulation or distribution.
I think you're absolutely right, we'll surely have good growth in these 3 months, and who knows if we see another Bitcoin ATH in this month and if that happens then in 3 months the Bitcoin will gain so good value that most of us can't even imagine. There's even chance that Q1 of 2025 might give us good returns as well.
We are in a very different cycle mate, at least this is what I though, because if you look at it, Bitcoin had a pre-halving ATH, so that is the first time and that could be the cue for us to see a different run this bull run cycle. So maybe in the last 3 months, movement might be very different, and then we have the geo-political wars in the background that might also affected the faith of investors in Bitcoin or in the altcoin market. And with that view, we should be just ready on anything that the market brings to us, expect the unexpected and adjust to the flow. It's good it if will follow the cycle, but if not, then so be it.
Anyone still waiting on the pay history of bitcoin to repeat itself is just wasting his/her time because the narratives have changed and we must have to flow with the happenings now and what we stand to see in the future. The bitcoin halving that occurred after an ATH that has already happened is a sign that bitcoin has changed totally and the expectations should be lower now and have another wave now. We have been looking at the market from a broader perspective and we are not going to have same thing again but just hope we get to see the bull run soon.
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We are in a very different cycle mate, at least this is what I though, because if you look at it, Bitcoin had a pre-halving ATH, so that is the first time and that could be the cue for us to see a different run this bull run cycle.
Yes, you're right, this time Bitcoin did something strange but there were events that let to happening of something like that and the main event that triggered investors attention toward Bitcoin at 1st quarter of this year or before halving was the acceptance of ETFs by SEC.
I believe ETFs played a very important role this cycle and they'll continue to play their role once again. Investors are still interested in Bitcoin but they try their best to accumulate it at cheap rates and that's why each dip is like a goldmine for them because they accumulate more and more Bitcoin during the dips.
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We are in a very different cycle mate, at least this is what I though, because if you look at it, Bitcoin had a pre-halving ATH, so that is the first time and that could be the cue for us to see a different run this bull run cycle.
Yes, you're right, this time Bitcoin did something strange but there were events that let to happening of something like that and the main event that triggered investors attention toward Bitcoin at 1st quarter of this year or before halving was the acceptance of ETFs by SEC.
High hopes remain for Bitcoin, at least we can get a price increase in the 3rd week of this month, I even hope it will be more than $ 66k for this month. It should be more, but seeing the current situation and price developments, reaching $ 66k is enough for me.
For now, just enjoy the price movement which is currently quite down for the accumulation of bullrun preparation. I also believe that the Bitcoin ETF approval will later have a much more significant impact than before, so just trust Bitcoin and how this coin will really get its moment later
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We are in a very different cycle mate, at least this is what I though, because if you look at it, Bitcoin had a pre-halving ATH, so that is the first time and that could be the cue for us to see a different run this bull run cycle.
Yes, you're right, this time Bitcoin did something strange but there were events that let to happening of something like that and the main event that triggered investors attention toward Bitcoin at 1st quarter of this year or before halving was the acceptance of ETFs by SEC.
High hopes remain for Bitcoin, at least we can get a price increase in the 3rd week of this month, I even hope it will be more than $ 66k for this month. It should be more, but seeing the current situation and price developments, reaching $ 66k is enough for me.
For now, just enjoy the price movement which is currently quite down for the accumulation of bullrun preparation. I also believe that the Bitcoin ETF approval will later have a much more significant impact than before, so just trust Bitcoin and how this coin will really get its moment later
Anyone who actually missed 49-59k can utilized this very moment with accumulation as DCA to hold more bitcoin in preparation for bitcoin bull run comes 2025 next year, most investors always think that buying bitcoin when the price has start soaring is always the best option without knowing that they are putting their funds at a high risk of losing them anytime due to volatility of bitcoin price.
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Anyone who actually missed 49-59k can utilized this very moment with accumulation as DCA to hold more bitcoin in preparation for bitcoin bull run comes 2025 next year, most investors always think that buying bitcoin when the price has start soaring is always the best option without knowing that they are putting their funds at a high risk of losing them anytime due to volatility of bitcoin price.
I really didn't miss the opportunity when the price of bitcoin touched $49k-$50k, it was the best opportunity and it won't be repeated again anytime soon.
But we don't know what will happen later, but now it is only necessary to wait for the bull market to fully arrive and make the price of Bitcoin reach a new ATH.
Speculation is circulating and according to the analysis carried out, 2025 will be a green one for bitcoin and also cryptocurrencies.
Highly anticipated and I remain optimistic about the next bull market.
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Uptober or Octobear hasn't ended yet. It's seen today that Bitcoin claims back to $64k and is this going to be the start of its claim back to $66k and more? I don't know. There's more to go for this month but we're already half of it so, there could be a lot of things to happen as we're getting close to the end of the year and then 2025's bet by most of us are awaiting ahead of time.
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Just one day more to reach the halfway mark of Uptober and it seems the bitcoin picking up the pace again since it's claimed back to almost 65K and probably more in the next few hours.
On the bigger picture October has been always good for making some short term profits too based on the price history every year so it's just time for another one but it needs to be approached very cautiously and play a little if you are a trader.
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Uptober or Octobear hasn't ended yet. It's seen today that Bitcoin claims back to $64k and is this going to be the start of its claim back to $66k and more? I don't know. There's more to go for this month but we're already half of it so, there could be a lot of things to happen as we're getting close to the end of the year and then 2025's bet by most of us are awaiting ahead of time.
Of course, let's hope for the best in this month of October that bitcoin price will reach 70k, because it is already at 65k currently and I hope to see more pumps till October comes to an end. I believe that after the US election, bitcoin price will reach break the new ATH of 73k and bitcoin price will go to the moon. October has always been a good month for bitcoin.
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In October and next few month BTC price will be fluctuate higher compare to last few month as we see today volatile price for BTC as on 15.10.2024 evening IST time.
BITCOIN PUMPED 2400 USDT WITHIN MINUTES
BITCOIN DUMPED 3100 USDT WITHIN MINUTES
Volatility alert us for mega bull rally.
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just last week, people are already ready to curse the whole damn world for not buying BTC and be ready when wider war is coming but ow that the market is changed since it climbs up to $66k, October is what they say it is.
me who last week was pretty much commenting how hopeless the situation is if the price dives low again to the bottom make me wanna say sorry and take back what i said. i guess this is where we go by now and if uptober continues, lets just sell in good profit.
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We were 60k at second of october, and we are now at 66k. Isn't that good enough increase? We have increased %10 in the last month and we should be happy about it, I do not think it looks to be something bad right now and we think we are going to end up with a good amount of money. If you are looking for more then you will have to wait for the bull run, because when the bull run comes the increases will be a lot bigger. But at this level, the %10 increase costs billions of dollars to reach that level, so we shouldn't really be worried about it and try to do our best when the time comes as well, its an important situation to be in.
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We were 60k at second of october, and we are now at 66k. Isn't that good enough increase? We have increased %10 in the last month and we should be happy about it, I do not think it looks to be something bad right now and we think we are going to end up with a good amount of money. If you are looking for more then you will have to wait for the bull run, because when the bull run comes the increases will be a lot bigger. But at this level, the %10 increase costs billions of dollars to reach that level, so we shouldn't really be worried about it and try to do our best when the time comes as well, its an important situation to be in.
It seems that Uptober really made the market move quite significantly. Indeed, at the beginning of last month the market really dropped and even made us quite worried because the movement was actually slow to rise and quickly fell, but if you look at the price movement in the market in the last few days, the increase is quite significant. Even the price of Bitcoin is already more than $ 67k today. So it is possible that this month it could rise to $ 70k. Is it possible? Hehe. I hope so, so next month it could be more than its ATH, if it's like this, then altcoins will also follow the increase.
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...but if you look at the price movement in the market...the price of Bitcoin is already more than $ 67k today. So it is possible that this month it could rise to $ 70k. Is it possible? Hehe. I hope so, so next month it could be more than its ATH, if it's like this, then altcoins will also follow the increase.
We are still half in October so there remains that strong possibility that maybe Bitcoin will come up stronger this month than the previous one. I am looking forward for it to go beyond the $70K mark and even make a new ATH before we head down to November. We can in for some surprises while we are anticipating the Uptober moments to happen to the market. As what I am always saying, Bitcoin is more like a rollercoaster ride...just be prepared to be surprised, be shocked but don't get dizzy we experience its many ups and downs.
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...but if you look at the price movement in the market...the price of Bitcoin is already more than $ 67k today. So it is possible that this month it could rise to $ 70k. Is it possible? Hehe. I hope so, so next month it could be more than its ATH, if it's like this, then altcoins will also follow the increase.
We are still half in October so there remains that strong possibility that maybe Bitcoin will come up stronger this month than the previous one. I am looking forward for it to go beyond the $70K mark and even make a new ATH before we head down to November. We can in for some surprises while we are anticipating the Uptober moments to happen to the market. As what I am always saying, Bitcoin is more like a rollercoaster ride...just be prepared to be surprised, be shocked but don't get dizzy we experience its many ups and downs.
I think that, I am seeing the effect of October on bitcoin price already because the price is T $67k+ currently as I am typing this post, and that is a positive sign that before the end of October, we might see bitcoin around $70k and above, that's if the price doesn't dip below $64k. November will also put bitcoin price uptrend because US election might play a role to that.
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Bitcoin reached and crossed $68k today and there's chance that it might go up all the way to $70k within a week or two and that's why I believe Bitcoin will perform better in October this time. I know there's chance that it might fall back to $62k but at least as of now it's at $67.8k and that's more than enough to make us happy.
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After 3 continuous days of moving up, some small correction is very probable, but otherwise, we're still in a good position to break the ATH by the end of the month and hopefully start moving up from there in November.
The Fear And Greed index is still showing as neutral, but not far away from "greed". The volume picked up to a decent size, although it started dropping a bit in the later hours of the day.
Many expected a lot from this month, and so far the October green trend continues, that's a good thing as it helps maintain the market's confidence.
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There needs to be some small corrections and price needs to go down some days when it can't go up. Right now we are seeing only a mere %2 or so drop, which is nothing, but this is the situation today. If you look weekly, we are up %12 and that should be the most important part. I am sure we are going to face with a lot of issues with time, but we can definitely consider this to be an important deal when the time comes. I believe the best thing to do right now would be making sure we are getting a great result and if we can definitely consider this as a good deal, then we gotta just keep holding.
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Bitcoin reached and crossed $68k today and there's chance that it might go up all the way to $70k within a week or two and that's why I believe Bitcoin will perform better in October this time. I know there's chance that it might fall back to $62k but at least as of now it's at $67.8k and that's more than enough to make us happy.
In general, October is different from other months where the Bitcoin price is often bullish. We are quite happy with the month of October as it is still a positive month for Bitcoin. Currently the price of Bitcoin is slightly above 67 thousand and it is gradually increasing and expect Bitcoin price to touch 70k in short time. If the continuation of this price is increase regularly, we will be able to cross the previous ATH by this month and Bitcoin's bull market will start from this October.
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Bitcoin reached and crossed $68k today and there's chance that it might go up all the way to $70k within a week or two and that's why I believe Bitcoin will perform better in October this time. I know there's chance that it might fall back to $62k but at least as of now it's at $67.8k and that's more than enough to make us happy.
October will be a good month for bitcoin this cycle just like it has always been. It doesn’t matter how long it could have taken to be consolidating but for it to trade up to $69K in this October and still holding up above $65K, it is a good sign that we may be trading at $70K or plus of it by end of this month. Many people have trembled on how bitcoin has been performing and not giving that vibe of it been on bullish trend as history does whenever we are in October. A sense of joy and hope must have filled the mind of many of those that have been having doubts about bitcoin ever crossing $70K this year or not and waiting patiently for their portfolios to grow with time. I think bitcoin is still well on its path and it won’t forget to go bullish at the right time.
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It seems like Uptober has started to end, because since a few days ago, most crypto prices in the market have started to decline. The most obvious is Bitcoin which is currently at a rate of $ 67k. Previously, the average was above $ 68k - $ 69k. Honestly, I think Uptober is known as one of the months for crypto price increases. Bitcoin will reach at least $ 70k, but it is quite difficult, and in the end it failed to break through that rate. and instead it is only going down now.
Will this continue to decline until the end of the month or will there be another increase? I don't know, but looking at today's date and the market conditions, it seems like the market will drop quite a bit at the end of the month.
https://coinmarketcap.com/
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Will this continue to decline until the end of the month or will there be another increase? I don't know, but looking at today's date and the market conditions, it seems like the market will drop quite a bit at the end of the month.
https://coinmarketcap.com/
well we seem to be going green right now the price is at $70k finally at the time of writing this feels such a huge relief lol after anticipating for it to happen it has finally hit $70k again and i think we will carry this momentum until november especially with the election that might just help a bit in the market sentiment
so uptober is indeed true after all ;D what is everyone’s plan now?
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Bitcoin reached and crossed $68k today and there's chance that it might go up all the way to $70k within a week or two and that's why I believe Bitcoin will perform better in October this time. I know there's chance that it might fall back to $62k but at least as of now it's at $67.8k and that's more than enough to make us happy.
October will be a good month for bitcoin this cycle just like it has always been. It doesn’t matter how long it could have taken to be consolidating but for it to trade up to $69K in this October and still holding up above $65K, it is a good sign that we may be trading at $70K or plus of it by end of this month. Many people have trembled on how bitcoin has been performing and not giving that vibe of it been on bullish trend as history does whenever we are in October. A sense of joy and hope must have filled the mind of many of those that have been having doubts about bitcoin ever crossing $70K this year or not and waiting patiently for their portfolios to grow with time. I think bitcoin is still well on its path and it won’t forget to go bullish at the right time.
October is that we were able to see a chance of Bitcoin price to hold above the previous high and lead to optimism of reaching a new target. While some analysts are still a little bit wary of this increase, many would still like to see their assets appreciate over time. We do still think Bitcoin is on its line and will get to the right moment.
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well we seem to be going green right now the price is at $70k finally at the time of writing this feels such a huge relief lol after anticipating for it to happen it has finally hit $70k again and i think we will carry this momentum until november especially with the election that might just help a bit in the market sentiment
so uptober is indeed true after all ;D what is everyone’s plan now?
BTC completely surprised us by breaking through the 70K USD mark at the end of this month, making it a truly Uctober. Those bears must be feeling pretty disappointed right now. Their FOMO probably kept them from buying BTC below 60K USD. And now, if they're still holding USDT and waiting on the sidelines, they might miss out on another opportunity to buy BTC below 70K USD.
My plan remains unchanged: hold until we hit 100K USD or even higher, maybe 150K USD, 200K USD, or even 250K USD. I'll be taking partial profits along the way, similar to how I DCA into positions. This way, I can protect my initial investment and lock in some gains.
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Bitcoin reached and crossed $68k today and there's chance that it might go up all the way to $70k within a week or two and that's why I believe Bitcoin will perform better in October this time. I know there's chance that it might fall back to $62k but at least as of now it's at $67.8k and that's more than enough to make us happy.
$62K is an unrealistic price I don’t think bitcoin will get back to again after the massive surge that just happened today, I may be wrong though because the market can just be very unpredictable most of the time. The bitcoin market has been on an uptrend since yesterday and we can see it already approaching the all time high which it even break upward more and set a new all time high. It that happens, I’m not sure the market will witness a major fall in the trend that will cause it to fall further to the price you’re envisioning.
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Bitcoin reached and crossed $68k today and there's chance that it might go up all the way to $70k within a week or two and that's why I believe Bitcoin will perform better in October this time. I know there's chance that it might fall back to $62k but at least as of now it's at $67.8k and that's more than enough to make us happy.
$62K is an unrealistic price I don’t think bitcoin will get back to again after the massive surge that just happened today, I may be wrong though because the market can just be very unpredictable most of the time. The bitcoin market has been on an uptrend since yesterday and we can see it already approaching the all time high which it even break upward more and set a new all time high. It that happens, I’m not sure the market will witness a major fall in the trend that will cause it to fall further to the price you’re envisioning.
I agree with you because we are getting closer to the peak of the bull run as time goes on and for that reason, we might not see 62k price anymore because bitcoin price was recently within 65k+ resistance price before this surge in price to 71k. I hope to see a new ATH by next week or two, 100k price is loading.
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Will this continue to decline until the end of the month or will there be another increase? I don't know, but looking at today's date and the market conditions, it seems like the market will drop quite a bit at the end of the month.
https://coinmarketcap.com/
well we seem to be going green right now the price is at $70k finally at the time of writing this feels such a huge relief lol after anticipating for it to happen it has finally hit $70k again and i think we will carry this momentum until november especially with the election that might just help a bit in the market sentiment
so uptober is indeed true after all ;D what is everyone’s plan now?
The market is incredibly increasing. Wow. I'm satisfied with the result, taking profits in $72k for some, and it turns out the market is still rising even the highest today reached $73,577. Almost surpassing ATH. This is very scary. Uptober is still going on, is it possible that until October 31 it will still continue to have a green market and rise beyond this month's ATH?
I hope that early next month it will drop a little so I can buy Bitcoin again at a lower price. Oh yeah, we remember how the BTC price was at the beginning until the second week of October, it used to be quite worrying. but it turns out that this time, Uptober never disappoints.