Are we going to have an UPTOBER?

[rdluffy]

I've already commented a few times in other posts that I'm optimistic about the end of the year and BTC, especially in the month of October, which historically has only seen BTC fall in 2 years (2014 and 2018)
Yesterday I saw this chart and got very excited


Source

What do you think? Could we have an UPTOBER? 
And reach again the ATH?

[milewilda]

What do you think? Could we have an UPTOBER? 
And reach again the ATH?

Totally depends but this is where majority of people here on this market or to those old timers on where they do really keep their eye on. Basing up into that table
then it do clearly shows that we are indeed bullish in the month of October but well in speaking about future events and upcoming situations then it would really be
totally hard on making up conclusions whether it would really be ending up positive or negative market on that particular point. Come to think that we would
really be needing to pass up on September on which it shows its a bloody market most likely. So taking up some possible buybacks should be considered.

[Captain Corporate]

Possible, but do not look at the exact months when you are making these type of calculations, make sure that you look at the general outlook and that would be a lot better, which means that if you look at that chart, you will see that there will be an increase "near the end of the year", as in Q4 and there will be even bigger increase later on. Thats the most important part, I think we are going to end up with a greater result, it should be something that will be giving us some good profit. I know that it will take a while, but that doesn't mean that it will not happen, so keep holding even after October if you can.

[sampoerna]

What do you think? Could we have an UPTOBER? 
And reach again the ATH?

Why not?
At least, these will be the early months towards a much better market. In Q4, at least there is new hope that Bitcoin can prove again for various good news, regardless of the end of BTC distribution for MT Gox users, and various other news. Clearly, based on the cycle charts that you display, usually Q4 will be a valuable and important moment for the development of BTC prices in the end towards the actual peak season of the bullrun.


https://www.cryptodispensers.com/blog/uptober-explained-how-october-became-bitcoins-most-bullish-month

[bayu7adi]

What do you think? Could we have an UPTOBER? 
And reach again the ATH?

Why not?
At least, these will be the early months towards a much better market. In Q4, at least there is new hope that Bitcoin can prove again for various good news, regardless of the end of BTC distribution for MT Gox users, and various other news. Clearly, based on the cycle charts that you display, usually Q4 will be a valuable and important moment for the development of BTC prices in the end towards the actual peak season of the bullrun.


https://www.cryptodispensers.com/blog/uptober-explained-how-october-became-bitcoins-most-bullish-month

As long as we only know that this is still just a prediction and there is still no certainty about it, it's better if we see it in two months... in the media there are also many who predict that October 2024 will be a sweet month for Bitcoin, they come with their own analysis.. and maybe this will make many people optimistic... while I will remain careful and prepared if the opposite happens.

Everyone here must hope that the assets we hold will experience an increase in price, and I am also waiting for the altseason which I haven't seen for a long time.

[rdluffy]

What do you think? Could we have an UPTOBER? 
And reach again the ATH?

Why not?
At least, these will be the early months towards a much better market. In Q4, at least there is new hope that Bitcoin can prove again for various good news, regardless of the end of BTC distribution for MT Gox users, and various other news. Clearly, based on the cycle charts that you display, usually Q4 will be a valuable and important moment for the development of BTC prices in the end towards the actual peak season of the bullrun.

...
https://www.cryptodispensers.com/blog/uptober-explained-how-october-became-bitcoins-most-bullish-month

It's a nice article, thanks for posting
I'm even going to re-post the part that I found very interesting to read and analyze


Source: https://www.cryptodispensers.com/blog/uptober-explained-how-october-became-bitcoins-most-bullish-month

I once saw a user explaining about the end of the year and the tax/fiscal situation in the United States, which possibly causes users and even companies to invest in BTC from October onwards, and it makes more sense after reading this article

[LogitechMouse]

---
What do you think? Could we have an UPTOBER? 
And reach again the ATH?

Looking at the history of Bitcoin in the last 3 months of each year, we can see that there's no pattern to it aside from the fact that Bitcoin is bullish for the month of October most of the time.

If we will follow the 4-year cycle though, the years where the bull run started which is 2016 and 2020 are all bullish in the last 3 months of the year. I'm not saying that it will happen again in 2024, but there's a high chance that it might happen just by looking at the history. Of course, I'm just predicting just like what others are doing but nevertheless, I believe that October will be a bullish year for Bitcoin, and there's a chance that the remaining 2 months might be a bullish one as well. 

[rdluffy]

I just saw this news
Possibly indicates a bad September for the price 


Source: https://cointelegraph.com/news/bitcoin-sell-pressure-september-2024

Maybe we'll need to really wait for October hehehe 

[Ricardo11]

---
What do you think? Could we have an UPTOBER? 
And reach again the ATH?

Looking at the history of Bitcoin in the last 3 months of each year, we can see that there's no pattern to it aside from the fact that Bitcoin is bullish for the month of October most of the time.

If we will follow the 4-year cycle though, the years where the bull run started which is 2016 and 2020 are all bullish in the last 3 months of the year. I'm not saying that it will happen again in 2024, but there's a high chance that it might happen just by looking at the history. Of course, I'm just predicting just like what others are doing but nevertheless, I believe that October will be a bullish year for Bitcoin, and there's a chance that the remaining 2 months might be a bullish one as well. 

Yes I also agree with you, we can see a bullish end of this year as well, and there is a high possibility that we will see a big pump in 2025. We will probably see Bitcoin 100k by 2025. If we look at this month's chart, we can see that Bitcoin price has fluctuated a lot in this current month of August, at the beginning of this month, Bitcoin price was 64k and after dropping down to 49 in the middle, Bitcoin price is currently 58k. Whereas it was supposed to be above 70k this month, but anyway we're going to see something better later this year and into 2025.

[Asiska02]

I've already commented a few times in other posts that I'm optimistic about the end of the year and BTC, especially in the month of October, which historically has only seen BTC fall in 2 years (2014 and 2018)
Yesterday I saw this chart and got very excited

The Q4 of the year is going to be a good time for the market in my assumption. Bitcoin cannot be in correction mode for this long after the halving have taken place. I believe it may reach the ATH and continue on that trend until a new ATH is achieved. Just like you said, I’m expecting an uptober by October and the subsequent months to also be on the same uptrend path till we reach the end of the year. A correction may happen along the way, but the market will always finish the month on a green candle. My expectations for bitcoin are actually high in the last quarter of the year base on historical data.

[target]

This also means the market in September will be redish for the whole month. The pattern is quite revealing already like the prediction always happens every time.

If by the time the month of Sept ended where the market is oversold we may be seing the uptrend we are hoping. 80k as the election is approaching.

[alltalk]

I've already commented a few times in other posts that I'm optimistic about the end of the year and BTC, especially in the month of October, which historically has only seen BTC fall in 2 years (2014 and 2018)

October, November, and December should be good time for Bitcoin. I assume most people have the same feeling, we are likely to have green market in 3 latest months of this year. However, it is still difficult to determine how high the price of Bitcoin in these months. I personally expect Bitcoin to reach a new ATH. And I want to see Bitcoin price above $80k. 

This also means the market in September will be redish for the whole month. The pattern is quite revealing already like the prediction always happens every time.

According to historical aspect, it is likely to have red market again in September. However, the history doesn't always repeat, we may have a different market condition in the next month. Just prepare ourselves to face any market condition in September!

[target]

According to historical aspect, it is likely to have red market again in September. However, the history doesn't always repeat, we may have a different market condition in the next month. Just prepare ourselves to face any market condition in September!

The odds seem nkt 50/50. 2 halving years had past where the month of Sept was red. The fate of this month isn't joking, its only been green 3 times since the birth of Bitcoin.

The good thing though is that if you have some funds to buy, you can be sure to make money next month . Sept therefore gives opportunity for DCAers.

[vegasus]

Hopefully.

Are we going to get it?
Still waiting for another month, hopefully this September will be at least the end of the severe market drop, and the end of various FUDs, at least to welcome the end of the year which usually the market will rise. However, this season, sometimes the cycle is not the same as last season, so I actually don't dare to have high hopes. Yes, at least, make sure we stay calm no matter what happens.

Is it possible that Uptober can really print a new ATH? Or at least the price of BTC can be estimated at more than $ 67k and go higher?

[Lucius]

~snip~
If we will follow the 4-year cycle though, the years where the bull run started which is 2016 and 2020 are all bullish in the last 3 months of the year. I'm not saying that it will happen again in 2024, but there's a high chance that it might happen just by looking at the history. Of course, I'm just predicting just like what others are doing but nevertheless, I believe that October will be a bullish year for Bitcoin, and there's a chance that the remaining 2 months might be a bullish one as well. 

Well observed, after the halving in 2016 and 2020, October turned out to be a very profitable month with a 40-50% increase in prices, and maybe it will be like that this time as well. One of the reasons that can point to this is that the price of BTC continues to hold relatively well regardless of occasional corrections, which gives hope that there are chances that history will repeat itself.

Honestly, even if nothing important happens in October, November and December this year, it should not be considered a bad sign - because there is enough time in 2025 for a big bull run.

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