Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.This might be the price correction but currently there is a big pressure on crypto and all over the markets due to War and the more it gets interesting the more volatile the market will be. It can be a correction as well but we should be prepared for unpredicted situations. Those who are experts must have predicted this coming.
Is this a price correction or we may see another dip that might be more intense then the current one?
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.The price of Bitcoin naturally started to rise and in the month of October we could see a good price of Bitcoin but suddenly this news of Iran attack on Israel made the entire crypto market unstable. Due to which we are seeing Bitcoin dumping. But this problem will end very soon and maybe we will see a positive effect in the entire crypto market including Bitcoin by the end of October and maybe we will see a bull run early next year.
Is this a price correction or we may see another dip that might be more intense then the current one?
It is quite surprising, we expect bullish in October but we saw bearish in the beginning of this month. :Deveryone expected peak price in august, september and now october again all we can do is try to predict and wait so far nothing has really happened in favor of all these expectations but it is just the start of the month and anything can still happen over the course of four weeks
Who knows that the Bitcoin retest again to $65k in the next week? We still have a chance to see Bitcoin to retest $70k this month. I myself hope $70k will be achieved in the beginning of November at least.there is no guarantee but i am quite confident that by the remaining weeks of the year bitcoin might reach 70k or even set another ath just make sure to be prepared and do not be swayed by the fud spreading
I also agree with you, Bitcoin is currently dumping because of the conflict between Israel and Iran. But expect the crypto market to recover very quickly, it may only be volatile for the first few days of October, but we can expect to see something better by the end of October. And we can definitely expect to see a bull run next year.Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.The price of Bitcoin naturally started to rise and in the month of October we could see a good price of Bitcoin but suddenly this news of Iran attack on Israel made the entire crypto market unstable. Due to which we are seeing Bitcoin dumping. But this problem will end very soon and maybe we will see a positive effect in the entire crypto market including Bitcoin by the end of October and maybe we will see a bull run early next year.
Is this a price correction or we may see another dip that might be more intense then the current one?
Again because the price of BTC failed to break through its resistance level, and now the news of the Iran and Israel war is another trigger for the cryptocurrency market to turn red ... even some people have the view that the price of Bitcoin will touch $ 54k because the tension in the Middle East is the cause...
I was very bullish on Bitcoin’s October rally because Bitcoin’s monthly close in September was good as Bitcoin rose to above 65K at the end of September and then dropped to close at around $63,600.Yap, how far it went, even a petition appeared ;)
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.We had a pretty successful September for BTC and the global economy, so I believe Q4 will also be a good opportunity for market growth. Uptober is underway, and I don't think we'll have 31 boring days this month, it should come with price increases or a new ATH.
Is this a price correction or we may see another dip that might be more intense then the current one?
Is this a price correction or we may see another dip that might be more intense then the current one?Dunno, these small corrections doesn't seem something that we should worry about.
Yap, how far it went, even a petition appeared ;)Thanks for sharing the post, really nice.
Petition to rename:
“Rektember” to “Uptember” and
“Uptober” to “Rektober”.
https://x.com/DaanCrypto/status/1841790675387351356
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.The month of October just started, and we are seeing another dimension of Bitcoin price heading below the $60k price we thought we had long passed.
Is this a price correction or we may see another dip that might be more intense then the current one?
Thanks to all reputed members of the forum who give their valuable opinion about the price of Bitcoin in October and it's actually the 3rd day of October and still we haven't seen any positive upward green candles. I expect that this week is not going to give us any bullish results and there's chance that we may have some green candles next week but only if geopolitical matters get solve but if those get more worse then there's chance to see further decline in the value of Bitcoin. Once again, thanks to everyone for sharing their honest opinion and those were really helpful.Yes, since the beginning of the month, the price is still fluctuating at $59k - $60k. There has been no significant movement either for correction or for the possibility of an up. Yes, maybe because it is the beginning of the month, it seems that the previous few months were usually like this and even the decline was much worse. Is it possible that on October 5th there will be another drastic decline like the previous months? Then the price increase will really start towards the 3rd week? Hopefully there will be a positive signal from our hopes to really welcome Uptober.
Is this a price correction or we may see another dip that might be more intense then the current one?
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.It's undoubtedly that month of September has been month with much resistance even though the later ends seems to be bull it doesn't mean that this month of October will also end the same, historically October is always bullish, but since from the 1 day of this month the bitcoin price has been dangling within 60-61 plus. This shows there is a strong resistance in the market which is keeping the price within the level of 62k, maybe when the selling price is less than the buying pressure we can assume to have change in price.
Is this a price correction or we may see another dip that might be more intense then the current one?
I feel like this is just a price correction, even if it happened due to bad news. I still think it is not a sign of an upcoming bear market. We haven't seen a full bull run yet, even though I consider it a pre-bull run since we have already broken the previous all-time high. Usually, Bitcoin breaks all its records within the same or the next year after the halving.Seems good news last few minutes after bitcoin success hitting above $62k and looks promising for bitcoin raise to higher price, most important how to make many holder keep hold their bitcoin and not get panic when bad news happening recently war conflict between Iran and Israel.
So, I guess we can expect a good bull run in the coming months or years. We should not go below 50K in the next three months. I still see it as price correction and I really hope we will jump back again even if we go lower than 50K.
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.What we are seeing could indeed be a natural correction. Bitcoin has had a strong rally in September, reaching high levels like $66k, so some downward movement is expected after such a rise. Typically, corrections can pull back prices by 10-20%, which is healthy for the market before the next move up. If Bitcoin stabilizes above key levels (like $60k), this could just be a temporary dip . Now let's see what happens next .
Is this a price correction or we may see another dip that might be more intense then the current one?
Well, The current situation means that there are greater possibilities for Bitcoin’s growth Although geopolitical circumstances can so often have an influence on the market, but investors should not necessarily to panic. This is typical for the crypto market and for those who have long term plans, such a price fall is an excellent chance to make a profit We must good and wait for deeper analysis and a view on the global market trends it is still open that Bitcoin may very well surpass the numbers that you mentioned above with the recovery momentum that has already occurred.I feel like this is just a price correction, even if it happened due to bad news. I still think it is not a sign of an upcoming bear market. We haven't seen a full bull run yet, even though I consider it a pre-bull run since we have already broken the previous all-time high. Usually, Bitcoin breaks all its records within the same or the next year after the halving.Seems good news last few minutes after bitcoin success hitting above $62k and looks promising for bitcoin raise to higher price, most important how to make many holder keep hold their bitcoin and not get panic when bad news happening recently war conflict between Iran and Israel.
So, I guess we can expect a good bull run in the coming months or years. We should not go below 50K in the next three months. I still see it as price correction and I really hope we will jump back again even if we go lower than 50K.
For bitcoin recovering to $62k last few minutes ago I believe potential hit or bounce of bitcoin price above $70k in short term or break the latest ATH price have been existing more than 6 months ago.
Seems good news last few minutes after bitcoin success hitting above $62k and looks promising for bitcoin raise to higher price, most important how to make many holder keep hold their bitcoin and not get panic when bad news happening recently war conflict between Iran and Israel.
For bitcoin recovering to $62k last few minutes ago I believe potential hit or bounce of bitcoin price above $70k in short term or break the latest ATH price have been existing more than 6 months ago.
Hmm, currently we are stuck in geopolitical pressure from Iran and Israel sides, if they go for more strikes on each other for sure October is not gonna be as impressive as we expect it to be. Anyway, if things goes smoothly in entire left over month we can for sure gonna hit a new ATH close to $80k and that's it in my views for this year, for the rest and part 2 wee need to wait till next years Q1's end and Q2.
Seems good news last few minutes after bitcoin success hitting above $62k and looks promising for bitcoin raise to higher price, most important how to make many holder keep hold their bitcoin and not get panic when bad news happening recently war conflict between Iran and Israel.
For bitcoin recovering to $62k last few minutes ago I believe potential hit or bounce of bitcoin price above $70k in short term or break the latest ATH price have been existing more than 6 months ago.
If you check, you will notice that not only the cryptocurrency market but also the stock market was affected. A war between any country always affects the market. The price of oil has also increased a lot since the war started. I remember the volatility that happened when Russia started attacking Ukraine. Whether the war continues or not, I guess this is just a small correction. Everything will come back to normal again. The day traders always take the chance at such news. They know that the market will go down Whenever a war starts. According to the stats, October is a good month for Bitcoin. I hope history will repeat again.
---The first days of October doesn't seem good for us because like you've said, it dipped below $60,000 at one point and although it recovered already, it isn't as high as what we've seen last month.
Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.
Is this a price correction or we may see another dip that might be more intense then the current one?
Many predict that the price of bitcoin will touch a new ATH in October, because usually October is a good month during the 4-year cycle before the bullish season, but anything can happen. we can't guess the geopolitical atmosphere and the results of the US presidential election will affect crypto if trump does not win, the price of crypto will likely drop.---The first days of October doesn't seem good for us because like you've said, it dipped below $60,000 at one point and although it recovered already, it isn't as high as what we've seen last month.
Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.
Is this a price correction or we may see another dip that might be more intense then the current one?
My price prediction for the month of October? Bitcoin's price will at least reach $70,000 or even surpassing it's previous ATH at one point. I know I'm too optimistic, but based on history, Bitcoin is bullish for the month of October and knowing that we are heading for a potential bull run maybe next year, I believe that the price will start to go up this month in preparation for it.
Of course, I might be wrong because I didn't expect Bitcoin to end up bullish last month. Who knows? We might see Bitcoin going as low as $50,000 this month. :D Anything is possible
Many predict that the price of bitcoin will touch a new ATH in October, because usually October is a good month during the 4-year cycle before the bullish season, but anything can happen. we can't guess the geopolitical atmosphere and the results of the US presidential election will affect crypto if trump does not win, the price of crypto will likely drop.---The first days of October doesn't seem good for us because like you've said, it dipped below $60,000 at one point and although it recovered already, it isn't as high as what we've seen last month.
Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.
Is this a price correction or we may see another dip that might be more intense then the current one?
My price prediction for the month of October? Bitcoin's price will at least reach $70,000 or even surpassing it's previous ATH at one point. I know I'm too optimistic, but based on history, Bitcoin is bullish for the month of October and knowing that we are heading for a potential bull run maybe next year, I believe that the price will start to go up this month in preparation for it.
Of course, I might be wrong because I didn't expect Bitcoin to end up bullish last month. Who knows? We might see Bitcoin going as low as $50,000 this month. :D Anything is possible
According to the current market sentiments due to Iran's strike on Israel. Seems like now the momentum is broken and we need to wait for more time to make a comeback, I know October is bullish by historical means but these developments hold more influence compared to the historical moves. Let's wait for how long the market stays stuck in this zone.Geopolitical conditions will also affect the crypto market, Iran's attack on Israel also caused Bitcoin to fall back to $60k, although currently the price of Bitcoin has risen back to $62K but is having difficulty rising to $65K, see how the Bitcoin price moves in the future.
And that is the thing with financial markets, we are all connected. That if one negative news, all of us are going to go down, whether we like it or not. Just like in the last month or so, with the background of a war between Israel against Iran, it really affected the whole financial market.
We are just lucky that we have seen the price hits $65k-$66k, but there is too much selling pressure, and so correction did happen. But we are still hopeing that October will bring something in the table for us, maintain or break that $65k price.
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.Well, in crypto, and from my long stay and experience in this industry, I've learnt to always expect any thing to happen at any given point and time, whether it be a negative thing or positive, specially as it concerns the market and bitcoin in particular, since bitcoin still have a major influence on the entire crypto market.
Is this a price correction or we may see another dip that might be more intense then the current one?
everyone expected peak price in august, september and now october again all we can do is try to predict and wait so far nothing has really happened in favor of all these expectations but it is just the start of the month and anything can still happen over the course of four weeksIf we learn the price history, it is a bit strange to expect the peak on August-September. In these months, the market was mostly in red, it is very small chance to expect the peak. But if people expect the pump in October, it is reasonable because the market was in green. However, it shouldn't be the peak, it is not something very logic to expect in 2024.
there is no guarantee but i am quite confident that by the remaining weeks of the year bitcoin might reach 70k or even set another ath just make sure to be prepared and do not be swayed by the fud spreadingI'm also still confident the price of Bitcoin can be above $70k again. But I don't know if it can be in October, November, or December. I think November will be the most possible time for a higher price again.
Yes all these news surely affect bitcoin price especially the war between Iran and israel but however, it's wouldn't be a permanent thing where bitcoin will keep declining. I believe after this year next I am not sure if it will affect it this way, because bitcoin can be limited or restricted by this two countries.According to the current market sentiments due to Iran's strike on Israel. Seems like now the momentum is broken and we need to wait for more time to make a comeback, I know October is bullish by historical means but these developments hold more influence compared to the historical moves. Let's wait for how long the market stays stuck in this zone.Geopolitical conditions will also affect the crypto market, Iran's attack on Israel also caused Bitcoin to fall back to $60k, although currently the price of Bitcoin has risen back to $62K but is having difficulty rising to $65K, see how the Bitcoin price moves in the future.
What will happen in the future can only be guessed because the main reason for the increase in the price of bitcoin is the increase in institutional investors. Bitcoin price predictions have been made before but in reality, they didn't pan out. But institutional investors are now flocking to bitcoin. Software companies and crypto sector investors microstrategy have bought a lot of bitcoin. So if big companies tend to buy bitcoin day by day then the price of bitcoin will increase. Whether or not you should own bitcoin depends on how long you plan to hold your investment. Currently very short term investments may be risky for you.Why I am hopeful and will remain hopeful about about Bitcoin is because of it's fixed and limited supply. All it takes is for more and more people to be interested in bitcoin, when they keep buying, the supply keeps becoming limited and the price keeps moving.
The market will uptrend from this month, maybe keep buying if you have spare funds.instead of people worrying about when it will rise, or will it even rise (it will) just make sure to keep buying more as much as you can because as you have said it has limited supply and the demand can only rise from here it is risky yes but looking at historical data bitcoin has proven that it benefits those who trust it over time
bitcoins price has risen for quite a bit compared to past few months so really we all should have bought during its dips when it was a little cheaperIt really is, bitcoin become stable in $60k for a while now at least from April this year, where in the past months it struggles to overcome $40k. So yeah next year will have a new price range, at least $80k (my guess) or higher. So keep stacking while btc is still in good shape and have higher chance to pump.
bitcoins price has risen for quite a bit compared to past few months so really we all should have bought during its dips when it was a little cheaperIt really is, bitcoin become stable in $60k for a while now at least from April this year, where in the past months it struggles to overcome $40k. So yeah next year will have a new price range, at least $80k (my guess) or higher. So keep stacking while btc is still in good shape and have higher chance to pump.
Many people are expecting big moves from Bitcoin next year, and I think so. To me, a price above $100k seems like a realistic target for BTC next year. But if we talk about the BTC price this October, I think it will be either at the current level or slightly below $60k by the end of the month because the uncertainty and unpredictability of the conflict in the Middle East may undermine the bulls' plans in the short term.
There are many more plus points that make people rush to buy bitcoin, such as that it is not controlled by any country's government. Detailed information about the physical identity of both the persons involved in the transaction cannot be traced or traced. It is becoming popular day by day to make bitcoin transactions anonymously. The price of bitcoin fluctuates very quickly and greatly, due to which investors or traders all get good profits. Since there is absolutely no risk, people consider bitcoin as the best currency to invest in.What will happen in the future can only be guessed because the main reason for the increase in the price of bitcoin is the increase in institutional investors. Bitcoin price predictions have been made before but in reality, they didn't pan out. But institutional investors are now flocking to bitcoin. Software companies and crypto sector investors microstrategy have bought a lot of bitcoin. So if big companies tend to buy bitcoin day by day then the price of bitcoin will increase. Whether or not you should own bitcoin depends on how long you plan to hold your investment. Currently very short term investments may be risky for you.Why I am hopeful and will remain hopeful about about Bitcoin is because of it's fixed and limited supply. All it takes is for more and more people to be interested in bitcoin, when they keep buying, the supply keeps becoming limited and the price keeps moving.
We are no longer concerned about the survival of bitcoin because it has already survived. We are just to be patient with bitcoin and involve in long term investment.
The market will uptrend from this month, maybe keep buying if you have spare funds.
Is this a price correction or we may see another dip that might be more intense then the current one?
UPtober is making itself desired, bitcoin is essentially lateralizing.I'm pretty sure that now Bitcoin is getting some momentum and I believe it will gain value in coming days. It already came back to $63k and reached $64k as well, and there's chance that it may get higher in coming days or at the same time we might see another unexpected dip.
It is true that we are still on October 7th, we cannot expect only green candles.
However at the moment it's quite disappointing, but that's okay, it's fun to see what bitcoin does :) that is, teasing the traders lol
There are many more plus points that make people rush to buy bitcoin, such as that it is not controlled by any country's government. Detailed information about the physical identity of both the persons involved in the transaction cannot be traced or traced. It is becoming popular day by day to make bitcoin transactions anonymously. The price of bitcoin fluctuates very quickly and greatly, due to which investors or traders all get good profits. Since there is absolutely no risk, people consider bitcoin as the best currency to invest in.What will happen in the future can only be guessed because the main reason for the increase in the price of bitcoin is the increase in institutional investors. Bitcoin price predictions have been made before but in reality, they didn't pan out. But institutional investors are now flocking to bitcoin. Software companies and crypto sector investors microstrategy have bought a lot of bitcoin. So if big companies tend to buy bitcoin day by day then the price of bitcoin will increase. Whether or not you should own bitcoin depends on how long you plan to hold your investment. Currently very short term investments may be risky for you.Why I am hopeful and will remain hopeful about about Bitcoin is because of it's fixed and limited supply. All it takes is for more and more people to be interested in bitcoin, when they keep buying, the supply keeps becoming limited and the price keeps moving.
We are no longer concerned about the survival of bitcoin because it has already survived. We are just to be patient with bitcoin and involve in long term investment.
The market will uptrend from this month, maybe keep buying if you have spare funds.
I'm pretty sure that now Bitcoin is getting some momentum and I believe it will gain value in coming days. It already came back to $63k and reached $64k as well, and there's chance that it may get higher in coming days or at the same time we might see another unexpected dip.
I'm pretty sure that now Bitcoin is getting some momentum and I believe it will gain value in coming days. It already came back to $63k and reached $64k as well, and there's chance that it may get higher in coming days or at the same time we might see another unexpected dip.After success hitting above $64k current price of bitcoin get correction and dropped until $62,600 seems need more longer time for bitcoin break to $70k again.
Investing in Bitcoin and Altcoin must be done at the right time, where we must be right when deciding the entry and exit which is the main factor of investors and traders to benefit.
There is a chance to get a lot of profit by investing in bitcoins but it needs to be done at the right time. If we don't choose the right time to invest then it can be a big shock for us. Sometime if we make a wrong decision we face loss. At that time we should control ourselves. There is a chance to get a lot of profit by investing in bitcoins but it needs to be done at the right time. If we don't choose the right time to invest then it can cause us a big shock. At that time we should control ourselves.
To make correct entry and exit decisions when investing in Bitcoin or altcoins, the investor must use technical and fundamental analysis. Using for instance common technical analysis tools like moving averages, Relative Strength Index and support-resistance levels we can be able to identify the best points to enter the market. Moreover, much better impression can be made by regarding global news and the examples of the seasonal alterations that took place in October, for instance. It is also good to look at the concept of proper risk management for instance; setting of profit objectives so that investors are not only waiting for market forecasts but can protect themselves by having safety features to deal with the market’s high volatility.Investing in Bitcoin and Altcoin must be done at the right time, where we must be right when deciding the entry and exit which is the main factor of investors and traders to benefit.
There is a chance to get a lot of profit by investing in bitcoins but it needs to be done at the right time. If we don't choose the right time to invest then it can be a big shock for us. Sometime if we make a wrong decision we face loss. At that time we should control ourselves. There is a chance to get a lot of profit by investing in bitcoins but it needs to be done at the right time. If we don't choose the right time to invest then it can cause us a big shock. At that time we should control ourselves.
About Bitcoin Price Movement Prediction in October, we will see BICOIN will show a good movement in the market based on Bitcoin habits in October in the previous cycle.
Is this a price correction or we may see another dip that might be more intense then the current one?
Apart from the matter being discussed, I have come to the conclusion that bitcoin no longer follow the historical technical analysis. Things have changed as well as statistics. What caused the major change could be the ETF. Immediately we go a new ATH even before having, I was convinced that there's a total new order in the cryptocurrency market. It is left for us to understand the new order rather than dwell in the past.
Is this a price correction or we may see another dip that might be more intense then the current one?
I don't know, price correction or continued decline, seeing this is very much outside the previous bitcoin calendar prediction. In October, btc should have shown a green graph but,,,,,,,,,,,,, we don't know where the btc graph is going for this season
It's been a while but I remember vividly when I made this comment several times on multiple threads, that it is not possible that there will always be a bull run after every bitcoin halving forever, that at some point, things may likely change, and there will be no more general bull run in every 4 years circle.Apart from the matter being discussed, I have come to the conclusion that bitcoin no longer follow the historical technical analysis. Things have changed as well as statistics. What caused the major change could be the ETF. Immediately we go a new ATH even before having, I was convinced that there's a total new order in the cryptocurrency market. It is left for us to understand the new order rather than dwell in the past.
Is this a price correction or we may see another dip that might be more intense then the current one?
I don't know, price correction or continued decline, seeing this is very much outside the previous bitcoin calendar prediction. In October, btc should have shown a green graph but,,,,,,,,,,,,, we don't know where the btc graph is going for this season
I never paid attention to the shape of candles and did not believe that they can be used to predict, but now it seemed interesting to me how all the latest candles look on the Bitcoin Monthly chart.
(https://i.postimg.cc/y89xLpZg/Screenshot-2024-10-08-23-04-28-424-com-tradingview-tradingviewapp-edit.jpg)
Look at the spokes:
That is, we started the month, went up and down and went to a new month not far from the previous values, and so on several times.
It looks like there is a swing, and the bulls are giving in.
I am also agree with your comment. I also believe that bitcoin price will be increase in this month. Because if we follow in cryptocurrency market, we can see that bitcoin price is good now, i think gradually it’s price will increase. But if we look behind in few week, we could saw that bitcoin price is down in this time. We also saw that iran attack in Israel in few days ago, so it will be a reason for little down in bitcoin. But we expect that gradually bitcoin price will increase.Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.The price of Bitcoin naturally started to rise and in the month of October we could see a good price of Bitcoin but suddenly this news of Iran attack on Israel made the entire crypto market unstable. Due to which we are seeing Bitcoin dumping. But this problem will end very soon and maybe we will see a positive effect in the entire crypto market including Bitcoin by the end of October and maybe we will see a bull run early next year.
Is this a price correction or we may see another dip that might be more intense then the current one?
I am also agree with your comment. I also believe that bitcoin price will be increase in this month. Because if we follow in cryptocurrency market, we can see that bitcoin price is good now, i think gradually it’s price will increase. But if we look behind in few week, we could saw that bitcoin price is down in this time. We also saw that iran attack in Israel in few days ago, so it will be a reason for little down in bitcoin. But we expect that gradually bitcoin price will increase.Whether a BTC or ALTS investor, we all hope to see BTC price rise during Uptober. However, the fear of Octobear is still gripping investors as we near the end of the first two weeks and BTC price hasn't shown any significant upward movement as expected.
I am also agree with your comment. I also believe that bitcoin price will be increase in this month. Because if we follow in cryptocurrency market, we can see that bitcoin price is good now, i think gradually it’s price will increase. But if we look behind in few week, we could saw that bitcoin price is down in this time. We also saw that iran attack in Israel in few days ago, so it will be a reason for little down in bitcoin. But we expect that gradually bitcoin price will increase.Today bitcoin have been success break above $63k after last two days ago since CPI announced release make bitcoin dropped to $58,900. I think in this month looks promising with bitcoin will raise to higher price but need waiting few days later any bad news or good news will make bitcoin strongly break more higher price.
I never paid attention to the shape of candles and did not believe that they can be used to predict, but now it seemed interesting to me how all the latest candles look on the Bitcoin Monthly chart.
(https://i.postimg.cc/y89xLpZg/Screenshot-2024-10-08-23-04-28-424-com-tradingview-tradingviewapp-edit.jpg)
Look at the spokes:
That is, we started the month, went up and down and went to a new month not far from the previous values, and so on several times.
It looks like there is a swing, and the bulls are giving in.
Regardless of the candles though, the bulls are still in the market, we have seen the price decline below $60k, and yet they were able to recover as the price goes up in the last 2 days, now at $62,600. So there is still that argument that this October, we could still be ending in a positive side despite what had happened in the last 2 week, there was a correction and then the bearish sentiments is up again. So we will see, last 2 weeks could be the time wherein October will really show it's true color that it is going to be the start of the last kick on the bullish market and that at least a new all time high could be established before the end of the year.
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.This could be a price correction during the beginning of this month of October, looking at the price now, almost at the middle of it there has been improvement from the starting price at the beginning of the month.
Is this a price correction or we may see another dip that might be more intense then the current one?
It is normal to see price sometimes up and down, particularly so when those prices have gone up or down dramatically. This may part of consolidation phase that we are seeing now as a result of early October ramp up.Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.This could be a price correction during the beginning of this month of October, looking at the price now, almost at the middle of it there has been improvement from the starting price at the beginning of the month.
Is this a price correction or we may see another dip that might be more intense then the current one?
I guess there's still much time for BTC to show what it has for the month of October, but I believe there'll be positive price change during the month of November and it may even likely reach a new ATH in the month of November or early December period.
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.Bitcoin touched up to $64500 today. Many have discussed and predicted that Bitcoin will grow from October and occupy a good position in this year 2024 itself. Some say Bitcoin will surpass $100,000 in 2024. But nothing incredible if the Bitcoin market is growing it doesn't take long to grow to hundreds of thousands in a short period of time. But if predicting Bitcoin price for the month of October, I would say that October is the most likely month for Bitcoin to exceed $66,000. Also, I believe that Bitcoin is likely to hit $100,000 in 2024. Maybe Bitcoin won't go down any more and will slowly go up from here. Although the market was a bit dumping at the beginning of October, the market has started to move upwards in the last few days, especially today, the Bitcoin market has increased a bit. As the bitcoin market grew, the alotcoin market also began to grow.
Is this a price correction or we may see another dip that might be more intense then the current one?
Honestly, I don't believe bitcoin will surpass $100K by the end of 20024, if you look at the global economic conditions and the results of observations of bitcoin for the last 2 months, it seems that the price of 4100K is still impossible to happen this year. Everyone has analysis and predictions, but I don't have the confidence and analysis that supports the price of bitcoin to reach $100K by the end of this year.Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.Bitcoin touched up to $64500 today. Many have discussed and predicted that Bitcoin will grow from October and occupy a good position in this year 2024 itself. Some say Bitcoin will surpass $100,000 in 2024. But nothing incredible if the Bitcoin market is growing it doesn't take long to grow to hundreds of thousands in a short period of time. But if predicting Bitcoin price for the month of October, I would say that October is the most likely month for Bitcoin to exceed $66,000. Also, I believe that Bitcoin is likely to hit $100,000 in 2024. Maybe Bitcoin won't go down any more and will slowly go up from here. Although the market was a bit dumping at the beginning of October, the market has started to move upwards in the last few days, especially today, the Bitcoin market has increased a bit. As the bitcoin market grew, the alotcoin market also began to grow.
Is this a price correction or we may see another dip that might be more intense then the current one?
Honestly, I don't believe bitcoin will surpass $100K by the end of 20024, if you look at the global economic conditions and the results of observations of bitcoin for the last 2 months, it seems that the price of 4100K is still impossible to happen this year. Everyone has analysis and predictions, but I don't have the confidence and analysis that supports the price of bitcoin to reach $100K by the end of this year.
This could be a price correction during the beginning of this month of October, looking at the price now, almost at the middle of it there has been improvement from the starting price at the beginning of the month.
I guess there's still much time for BTC to show what it has for the month of October, but I believe there'll be positive price change during the month of November and it may even likely reach a new ATH in the month of November or early December period.
Honestly, I don't believe bitcoin will surpass $100K by the end of 20024, if you look at the global economic conditions and the results of observations of bitcoin for the last 2 months, it seems that the price of 4100K is still impossible to happen this year. Everyone has analysis and predictions, but I don't have the confidence and analysis that supports the price of bitcoin to reach $100K by the end of this year.
People and institutions just have lots of skin going for BTC, thus, many anticipate the break of the ATH in 2025, me included ;D I do think it's possible and the rally will be good during the next Bull cycle, however, it's not certain, as anything on the market, really.
We might be happy when we are in the bullrun but our only problem is the transaction fee it will also goes up just like what had happened recently where there is a slight increase in price and the mempool is also going crazy.Honestly, I don't believe bitcoin will surpass $100K by the end of 20024, if you look at the global economic conditions and the results of observations of bitcoin for the last 2 months, it seems that the price of 4100K is still impossible to happen this year. Everyone has analysis and predictions, but I don't have the confidence and analysis that supports the price of bitcoin to reach $100K by the end of this year.
People and institutions just have lots of skin going for BTC, thus, many anticipate the break of the ATH in 2025, me included ;D I do think it's possible and the rally will be good during the next Bull cycle, however, it's not certain, as anything on the market, really.
Now the price has exceeded the value with which it entered October, so this is already a profile month for those who bought from the first day, while the Profit reached +10%, which happened very quickly. And those who do not grab the stars from the sky, fixed and are already in the plus. Regarding the end of the month, which you mentioned - maybe we will finally see an incredible breakthrough of 74k?
According to my prediction, at the end of October, Bitcoin will likely experience a correction, although many people say that October is a good month for crypto, but it seems that this October we will hear negative news. That's just a prediction, it could be wrong.This could be a price correction during the beginning of this month of October, looking at the price now, almost at the middle of it there has been improvement from the starting price at the beginning of the month.
I guess there's still much time for BTC to show what it has for the month of October, but I believe there'll be positive price change during the month of November and it may even likely reach a new ATH in the month of November or early December period.
The BTC price is showing strong volatility this month. In just two weeks, the BTC price has already managed to fall from $64k to $59k, and now it has risen again to almost $65k. Such volatility is impressive, although it becomes unclear where exactly the BTC rate will be by the end of October.
As for ATH, I personally don't think we will see it this year.
According to my prediction, at the end of October, Bitcoin will likely experience a correction, although many people say that October is a good month for crypto, but it seems that this October we will hear negative news. That's just a prediction, it could be wrong.
some people just predict based on vibes if they are not using technical analysis then most likely they are just trying to gauge how the market will react to the current priceanyone can get up in the morning and say, in my opinion.. but if he doesn't explain the reasoning, that in my opinion isnt worth much
According to my prediction, at the end of October, Bitcoin will likely experience a correction, although many people say that October is a good month for crypto, but it seems that this October we will hear negative news. That's just a prediction, it could be wrong.
-snip-A truly positive trend could make the price of Bitcoin shoot at the new ATH as quickly as possible.
speaking of current price, we are still at low $67k but at least there’s some green and we are not down to $59k anymore many are getting excited that the uptober may actually prove itself to be true after all
I am also part of the people who expect bitcoin price to drop because I want to add to my coin collection before the bullish season or bitcoin reaches ATH.-snip-A truly positive trend could make the price of Bitcoin shoot at the new ATH as quickly as possible.
speaking of current price, we are still at low $67k but at least there’s some green and we are not down to $59k anymore many are getting excited that the uptober may actually prove itself to be true after all
But some also want bitcoin to fall again to be able to get a cheaper price.
But in any case, the current price of Bitcoin is still quite affordable and the next ATH target is $100k++ as per the general target that everyone is saying.
I am also part of the people who expect bitcoin price to drop because I want to add to my coin collection before the bullish season or bitcoin reaches ATH.Today bitcoin drop significant due bad issues about war or Israel attack Iran and bitcoin price suddenly for higher price around $68k dropped significant to $65k. I don't know how many people get braveness for purchasing bitcoin when right moment because price drop significant but are you reinvesting today after bitcoin price dropping or keep waiting another lower price?
because the bullish season is still a long way off, it will happen next year so I think we still have a chance to add to our coin collection when there is a correction,
I am also part of the people who expect bitcoin price to drop because I want to add to my coin collection before the bullish season or bitcoin reaches ATH.A long or not bullish season will be highly anticipated, so prepare your bags and lest you don't buy an asset that has enough upside potential.
because the bullish season is still a long way off, it will happen next year so I think we still have a chance to add to our coin collection when there is a correction,
A long or not bullish season will be highly anticipated, so prepare your bags and lest you don't buy an asset that has enough upside potential.For those who set the TP price at $69k yesterday, congratulations, now you can start netting below to accumulate more Bitcoin. For those who set it at $70 or more, good luck waiting again, because it seems like Uptober is over and now it's time for a correction first. Although I'm a bit disappointed because I thought it would be more than $70k reaching the price.
If there is a correction, of course you have to buy at that low price, don't waste the opportunity.
And start collecting from now on, I also start doing it gradually.
I also waited for the right time to add to my coin collection, because the possibility of the end of October or early November Crypto Market will experience correction. Although maybe we will soon see the price of Bitcoin touching $ 70K, but after that there will be a correction sebleum touching higher prices at the end of the year.A long or not bullish season will be highly anticipated, so prepare your bags and lest you don't buy an asset that has enough upside potential.For those who set the TP price at $69k yesterday, congratulations, now you can start netting below to accumulate more Bitcoin. For those who set it at $70 or more, good luck waiting again, because it seems like Uptober is over and now it's time for a correction first. Although I'm a bit disappointed because I thought it would be more than $70k reaching the price.
If there is a correction, of course you have to buy at that low price, don't waste the opportunity.
And start collecting from now on, I also start doing it gradually.
But it doesn't matter, as long as it's Bitcoin, for short or long term investment, it will always be volatile and promising, and I really agree, just waiting for the right time to accumulate again if there is capital.
It reached around $71,500 just a few hours ago before going down a bit.A long or not bullish season will be highly anticipated, so prepare your bags and lest you don't buy an asset that has enough upside potential.For those who set the TP price at $69k yesterday, congratulations, now you can start netting below to accumulate more Bitcoin. For those who set it at $70 or more, good luck waiting again, because it seems like Uptober is over and now it's time for a correction first. Although I'm a bit disappointed because I thought it would be more than $70k reaching the price.
If there is a correction, of course you have to buy at that low price, don't waste the opportunity.
And start collecting from now on, I also start doing it gradually.
But it doesn't matter, as long as it's Bitcoin, for short or long term investment, it will always be volatile and promising, and I really agree, just waiting for the right time to accumulate again if there is capital.
We are waiting for the right moment to commission the list of coins, with the restoration of cryptometers expected in late October, or even next month. Some analysts provided estimations which assume the price will skyrocket to $100K but there can be a pullback before a new uptrend at the end of this year. The confidence in our own analysis still forms the basis of creating this strategy.I also waited for the right time to add to my coin collection, because the possibility of the end of October or early November Crypto Market will experience correction. Although maybe we will soon see the price of Bitcoin touching $ 70K, but after that there will be a correction sebleum touching higher prices at the end of the year.A long or not bullish season will be highly anticipated, so prepare your bags and lest you don't buy an asset that has enough upside potential.For those who set the TP price at $69k yesterday, congratulations, now you can start netting below to accumulate more Bitcoin. For those who set it at $70 or more, good luck waiting again, because it seems like Uptober is over and now it's time for a correction first. Although I'm a bit disappointed because I thought it would be more than $70k reaching the price.
If there is a correction, of course you have to buy at that low price, don't waste the opportunity.
And start collecting from now on, I also start doing it gradually.
But it doesn't matter, as long as it's Bitcoin, for short or long term investment, it will always be volatile and promising, and I really agree, just waiting for the right time to accumulate again if there is capital.
This is just a prediction of my analysis, but I always believe in what I predict.
For those who set the TP price at $69k yesterday, congratulations, now you can start netting below to accumulate more Bitcoin. For those who set it at $70 or more, good luck waiting again, because it seems like Uptober is over and now it's time for a correction first. Although I'm a bit disappointed because I thought it would be more than $70k reaching the price.and you got it wrong this time, Uptober is still going on and even almost touched a new ATH with the current high of $73620 and there are only a few dollars left to be able to break the ATH at the price of $73777, very close and if this resistance is broken it will create a new ATH and could go straight up to the $80k area.
-snip-
I think by now you have known that your predictions are wrong. Nobody can ascertain what the Bitcoin price would be at any time. What we can only do is to assume, this and that will happen. In the end, we find out that we are just making hills out of the mountaintop. Bitcoin can go up or down in price as it pleases without anyone having any idea of the direction it is heading.
According to my prediction, at the end of October, Bitcoin will likely experience a correction, although many people say that October is a good month for crypto, but it seems that this October we will hear negative news. That's just a prediction, it could be wrong.
I think by now you have known that your predictions are wrong. Nobody can ascertain what the Bitcoin price would be at any time. What we can only do is to assume, this and that will happen. In the end, we find out that we are just making hills out of the mountaintop. Bitcoin can go up or down in price as it pleases without anyone having any idea of the direction it is heading.Yes, that prediction is somewhat wrong because we all can see that Bitcoin is growing in value, as of this time Bitcoin is still above $72k which very few people thought might be possible in this month.
I think by now you have known that your predictions are wrong. Nobody can ascertain what the Bitcoin price would be at any time. What we can only do is to assume, this and that will happen. In the end, we find out that we are just making hills out of the mountaintop. Bitcoin can go up or down in price as it pleases without anyone having any idea of the direction it is heading.
According to my prediction, at the end of October, Bitcoin will likely experience a correction, although many people say that October is a good month for crypto, but it seems that this October we will hear negative news. That's just a prediction, it could be wrong.