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Author Topic: Q3 2024 market trend  (Read 2068 times)

Offline jeraldskie11

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Re: Q3 2024 market trend
« Reply #30 on: September 21, 2024, 06:52:14 PM »
In the history of Bitcoin, September is the month that has the most no big upside movement in the market, normally we can see the price falling or it is in sideways. But now, it's different, we see a nice bullish movement this week and I think it's a sweet move. No matter what happens to the price this month, I believe that next month October there will be a huge upside movement in the price of Bitcoin. In general, Q3 is the accumulating phase for the bull run.

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Re: Q3 2024 market trend
« Reply #30 on: September 21, 2024, 06:52:14 PM »

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Offline Stompix

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Re: Q3 2024 market trend
« Reply #31 on: September 26, 2024, 08:16:09 PM »
But now, it's different, we see a nice bullish movement this week and I think it's a sweet move.

Because history has a habit of not repeating exactly when you're so sure of it.
Bitcoin is following the trends, the stock market is up on solid gains, everything is positive in the economy, inflation is down and rates are cut so this will be the best September, it will be pretty funny if it's October disappointing us all!
https://www.cnbc.com/2024/09/25/stock-market-today-live-updates.html
Everywhere is just green!



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Re: Q3 2024 market trend
« Reply #31 on: September 26, 2024, 08:16:09 PM »

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Offline LogitechMouse

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Re: Q3 2024 market trend
« Reply #32 on: September 26, 2024, 10:51:16 PM »
But now, it's different, we see a nice bullish movement this week and I think it's a sweet move.

Because history has a habit of not repeating exactly when you're so sure of it.
Bitcoin is following the trends, the stock market is up on solid gains, everything is positive in the economy, inflation is down and rates are cut so this will be the best September, it will be pretty funny if it's October disappointing us all!
https://www.cnbc.com/2024/09/25/stock-market-today-live-updates.html
Everywhere is just green!
I've always basing on history, but it seems like this time, it's different for Bitcoin and the whole market as well.
Historically speaking, Bitcoin on the month of September is a bearish one, but not this month becuase it seems like it will end up with a greenish candle. :D Well, we've seen Bitcoin surpassing it's ATH a few weeks before the halving event happen so the quote "expect the unexpected" really is applicable with Bitcoin, eh?

It's just good to see the market in green right now and what's even good is that, the "Fear and Greed Index" right now is at 48. Octber will not be a disappointing month (fingers crossed), but I'm ready just in case it will. I hope not and by that time, we will be seeing the start of the bull market that many are waiting for.

 

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