What's the next step for BTC?

[MRY]

Hopefully, we can maintain this phase or hold at this current price. Obviously, our next target could be around $65k-$68k before the end of the year and come October, which is usually a bullish month, we might see $70k again or maybe set a new all time high before the end of the year.

I would agree to Bitcoin setting a new ATH before the end of this year, but this month of October, we don't know whether Bitcoin will show a green candlelight as speculated. Because we are having Bitcoin experiencing a decline in price, from $63k at the month end of September, to $60k + price at the beginning of October.

The crypto market can really be positive in this month, but nobody knows the direction we have it be before the end of the month. Making this month to be still unpredictable  towards the Bitcoin price

In fact, the current market is showing a lot of volatility. Right now it's hard to tell what the market is actually going to show us this October, we started October at $63k and then it's down and it's currently at $60k, but it's only the beginning of the month, we can still hope that October Coming to the end of the month we may see something better, we expect the market to be $70k+ by the end of October. Now let's see what happens.

Looks like we will see the correction and the price of Bitcoin will go down below $ 60K so you should make a purchase when the market is corrected. Bullish season is still long and will occur next year, we should understand that before the Bullish Season Whages will manipulate the market and take advantage of it.

Well, If Bitcoin price correction predicted to fall below $60K could be an opportunity for investors to buy more while the market is correcting. With the bull season still expected to occur in the next few years, a good strategy is to understand the current market dynamics. Before the bull season begins, there will likely be market manipulation by big players commonly called whales, they try to take advantage of market conditions for their benefit. So we must be careful about the decisions we choose so as not to experience losses.

[doc]

Well, If Bitcoin price correction predicted to fall below $60K could be an opportunity for investors to buy more while the market is correcting. With the bull season still expected to occur in the next few years, a good strategy is to understand the current market dynamics. Before the bull season begins, there will likely be market manipulation by big players commonly called whales, they try to take advantage of market conditions for their benefit. So we must be careful about the decisions we choose so as not to experience losses.

That's what usually happens, whales will manipulate the market by making the market experience a correction because whales want to buy itcoin and altcoin at a lower price before the bullish season occurs. We must be prepared for everything that will happen and take advantage of the opportunity to buy when the correction occurs.

[Gurujebs]

That's what usually happens, whales will manipulate the market by making the market experience a correction because whales want to buy itcoin and altcoin at a lower price before the bullish season occurs. We must be prepared for everything that will happen and take advantage of the opportunity to buy when the correction occurs.

Anyone with money sitting in one corner will want to see Bitcoin gives them money but sadly, at a point it doesn't move or go up again and many of them get bored about what the market and in return they make the market goes in their way, that's where manipulation comes into play and people who don't understand the market get burn in the hand.

The advice is that anytime whales are playing their games, just be at one corner with your ton of money that you are not using, buy more and continue to hold and with time you will be average and makes more money and profit that someone who doesn't do anything anytime the market falls.

[JISAN]

Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?

if you was last if you it's out for one to three month then you will not understand actually what happening in the market. so you have to research from 1-2 yard of charts then you can understand what happening. we know about the 4 year of circle for Bitcoin and according that the bull run can happen in the next year so you have the enough time to invest in Bitcoin right now. we know many things what we're worried because there is the financial matter is connected. so it is normal that it will worried us. I think who will invest in Bitcoin now he or she easily can get good profit after some month maybe the first quarter of the next year

[LogitechMouse]

I am the type of investor or holder who survives for a 4-year cycle. So I need free funds for 3 years. Because I will buy during the bearish season and sell during the bullish season. If I had the ability to trade short-term, I would do it unfortunately the busyness of the real world makes me not focused on trading.

We're the same... at least because I tried to be a long-long term holder in 2021 and didn't sold any of my assets at that time. Turns out that it was the worst decision that I make in my investing journey.

I'm also a believer of the 4-year cycle hence, I already have a strategy in terms of buying and selling as well. I try to accumulate as many as possible during the bear market, and will continue as we approach the accumulation phase coming into the bull run. As for your business and trading, I would suggest to just focus on your business because at least the profits there would be more and you know what you're doing on it. As for trading, maybe you can still try spot trading as it doens't require that much of a time to monitor those market movements.

[rizqillah]

Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?

if you was last if you it's out for one to three month then you will not understand actually what happening in the market. so you have to research from 1-2 yard of charts then you can understand what happening. we know about the 4 year of circle for Bitcoin and according that the bull run can happen in the next year so you have the enough time to invest in Bitcoin right now. we know many things what we're worried because there is the financial matter is connected. so it is normal that it will worried us. I think who will invest in Bitcoin now he or she easily can get good profit after some month maybe the first quarter of the next year

I also predict bitcoin will touch ATH in the first quarter of next year, but it is likely that by the end of this year if there is no negative news bitcoin will also touch a new ATH.
For a trader, they will always see and study the market because they think about short-term investment, while long-term holders do not need to monitor the market, because the bullish season will occur next year, according to the 4-year cycle habit.

[Sukii]

Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?

Keep calm my friend BTC is definitely doing fine if you look at how the price has moved on a higher time frame you definitely agree with me that the price of BTC is increasing

[SamReomo]

That's what usually happens, whales will manipulate the market by making the market experience a correction because whales want to buy itcoin and altcoin at a lower price before the bullish season occurs. We must be prepared for everything that will happen and take advantage of the opportunity to buy when the correction occurs.

I fully agree with you, the market is often manipulated only to grab coins of weak hands for cheap rates and those weak hands don't really understand the plans of whales/institutional investors.

The whales and institutional investors are increasing their portfolio overtime whenever such market manipulations take place because weak hands can't hold their positions if they see such price drops and in fear they sell their coins for low value.

I guess it's way better to accumulate more coins whenever we see such market manipulations or corrections. Simply it's way better to accumulate coins during such times and either sell those when they get higher in value or hold those to have better profits when bull run gets intense.

[doc]

That's what usually happens, whales will manipulate the market by making the market experience a correction because whales want to buy itcoin and altcoin at a lower price before the bullish season occurs. We must be prepared for everything that will happen and take advantage of the opportunity to buy when the correction occurs.

I fully agree with you, the market is often manipulated only to grab coins of weak hands for cheap rates and those weak hands don't really understand the plans of whales/institutional investors.

The whales and institutional investors are increasing their portfolio overtime whenever such market manipulations take place because weak hands can't hold their positions if they see such price drops and in fear they sell their coins for low value.

I guess it's way better to accumulate more coins whenever we see such market manipulations or corrections. Simply it's way better to accumulate coins during such times and either sell those when they get higher in value or hold those to have better profits when bull run gets intense.

That's what always happens, I observe the movement when a correction occurs, we should stay calm and buy some potential coins so that we don't miss the opportunity to add to our coin collection, because whales always manipulate and we just go with the flow.

[SamReomo]

That's what always happens, I observe the movement when a correction occurs, we should stay calm and buy some potential coins so that we don't miss the opportunity to add to our coin collection, because whales always manipulate and we just go with the flow.

Yes, that's a good step, during corrections one should try to accumulate Bitcoin and top alt coins that are known to perform good when market recovers. It's also good to accumulate new coins to your collection but it's somehow risky to add new coins as those can lose more value.

[doc]

That's what always happens, I observe the movement when a correction occurs, we should stay calm and buy some potential coins so that we don't miss the opportunity to add to our coin collection, because whales always manipulate and we just go with the flow.

Yes, that's a good step, during corrections one should try to accumulate Bitcoin and top alt coins that are known to perform good when market recovers. It's also good to accumulate new coins to your collection but it's somehow risky to add new coins as those can lose more value.

During a correction, we should add to the collection of bitcoin and altcoin because we can get the coins at a lower price and hold it until the price goes back up and we can sell it, this is a short -term and middle -term strategy. But if you want a long -term hold, of course we have to buy the beginning when bearish season because the price is lower than now.

[JoyMarsha]

Well, If Bitcoin price correction predicted to fall below $60K could be an opportunity for investors to buy more while the market is correcting. With the bull season still expected to occur in the next few years, a good strategy is to understand the current market dynamics. Before the bull season begins, there will likely be market manipulation by big players commonly called whales, they try to take advantage of market conditions for their benefit. So we must be careful about the decisions we choose so as not to experience losses.

That's what usually happens, whales will manipulate the market by making the market experience a correction because whales want to buy itcoin and altcoin at a lower price before the bullish season occurs. We must be prepared for everything that will happen and take advantage of the opportunity to buy when the correction occurs.

One good thing about the crypto market that I like is when the market experiences a correction in price, it allows crypto investors to buy additional Bitcoin or altcoin to their portfolio at a discount price. If the market turned around to give green candlelight, so many investors would like to sell their Bitcoin holdings at a favorable high price for profits. However, whichever movement Bitcoin gives(positive or negative), it always serves as an advantage given to crypto investors they won't like to miss

[Captain Corporate]

Reaching a point where these ordinals are gone so we could have low fee and faster transactions would be lovely, that would open up a lot of doors. I mean technically speaking we weren't fast and cheap before those neither, but certainly was better than what we have right now. For bitcoin to be global payment alternative for many things, we need it faster and cheaper, right now that's preventing it. Hopefully we will get a better result eventually, when that happens my next step in mind is to have default payment for international transactions, if we can get that, it would be so much higher.

[SamReomo]

During a correction, we should add to the collection of bitcoin and altcoin because we can get the coins at a lower price and hold it until the price goes back up and we can sell it, this is a short -term and middle -term strategy.

I highly agree with you, but some people are doing that for long term holding and they're actually getting profits by that way. I personally believe in what you said, it's actually a good method to earn short-to-mid-term profit with this strategy and there's nothing wrong in that approach, but at the same time it can be used for long term holding of Bitcoin, and most probably some alt coins as well.

[doc]

During a correction, we should add to the collection of bitcoin and altcoin because we can get the coins at a lower price and hold it until the price goes back up and we can sell it, this is a short -term and middle -term strategy.

I highly agree with you, but some people are doing that for long term holding and they're actually getting profits by that way. I personally believe in what you said, it's actually a good method to earn short-to-mid-term profit with this strategy and there's nothing wrong in that approach, but at the same time it can be used for long term holding of Bitcoin, and most probably some alt coins as well.

Everyone has the consideration of the Uuntu deciding the strategy he will do, if you have the security of trading, you can make a decision for short jagka with trading. But the long term is also good for those who do not have the idea of ​​trading and are too busy in the real world. Because trading needs focus and this is also not easy to do if we have a real world busy