Are we going to have an UPTOBER?

[Crwth]

I like the wordplay you have included and shown here. It makes me feel excited as well, and I want to be placing long positions for this reason, lol.

Maybe this is the time that we can reach that ATH, like you said, lol. I do hope that it reaches higher now with everything that has happened and is being put out in the world, like the ETFs, etc.

[Gurujebs]

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

I'm bullish about Bitcoin in the Q4 because Bitcoin by default see October as the best time for performance. Another positive news in the month of October is that CZ is going to be release around September 28 or 29 I think and if he eventually get out of the prison, the September month is going to close well and October will be for candle growth.

This could also be a great time for another bull run which can happen this year again. You know it does start from a small run and then people fomo in later. Don't get caught sleeping when the time comes, better have some coins than have nothing at all but should be with what you can afford to lose.

[rdluffy]

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. 

A new ATH doesn't seem that far away, after all it was only 4k above the previous ATH (69k), which makes me very optimistic that a new high is just around the corner
If it ends up at 80k by the end of October I'll be very happy hehehe

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.

I think many of us are expecting a good Q4 for Bitcoin
It seems like ATH was yesterday, and it's already been 5 months 

[Sim_card]

---
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.

Of course, all my hopes and expectations on bitcoin price being bullish is by next year 2025,but the bull can start at the last quarter of this year gradually before hitting the peak next year. August has being a month of consolidation and the highest bitcoin price have hit is 64k. This is only a speculation because no one can predict when such wi happen, and there is no guarantee that we can use past events to predict the future due to some factors.

[UNIVERSE]

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.

But many people will be not confident anymore if there is no good market in October, November, December. In the previous cycles, there were always good market at the end of the first year of bullish season. We can check again the market condition in these months of 2020 and 2016. I know we have a long time for big bullrun in 2025 but there should be the important sign at the end of this year. Whether it will be good or bad sign. If there is no significant increase, it seems people will assume there may be no big pump anymore in the next year.

[Lucius]

@UNIVERSE, we can hope that history will repeat itself, but we must be aware of the possibility that it may not happen. For the first time this year, we had an ATH before the halving, and that in a way already showed that the cycle was disrupted.

All those who rely exclusively on cycles when it comes to their investments are exposed to a much greater risk than those who try to look at a much wider picture.

What is definitely positive is that interest rates in the US will be reduced for the first time after 2020, but that similar moves will also take place in the EU (although there have already been cuts there), which means cheaper money for investors.

What, in my opinion, is negative (questionable) is the election for the president of the US, which will be held at the beginning of November and which, given the "obsession" of many crypto investors, obviously plays a big role in their plans. The new president will not be inaugurated until January 20, 2025, so that should also be taken into account.

[milewilda]

@UNIVERSE, we can hope that history will repeat itself, but we must be aware of the possibility that it may not happen. For the first time this year, we had an ATH before the halving, and that in a way already showed that the cycle was disrupted.

All those who rely exclusively on cycles when it comes to their investments are exposed to a much greater risk than those who try to look at a much wider picture.

What is definitely positive is that interest rates in the US will be reduced for the first time after 2020, but that similar moves will also take place in the EU (although there have already been cuts there), which means cheaper money for investors.

What, in my opinion, is negative (questionable) is the election for the president of the US, which will be held at the beginning of November and which, given the "obsession" of many crypto investors, obviously plays a big role in their plans. The new president will not be inaugurated until January 20, 2025, so that should also be taken into account.

When investing on cryptocurrency market then the best mindset that you should really be having is to have that kind of approach about on expecting something into those things which are unexpected to happen. Why? There's no such thing about having an assurance when it comes into those similar situations that happened in the past will really be happening in the future.
Somehow it would really be having that kind of rhyming at least and this is why people would be having that kind of positive insights that it could really be able to go into the same path.
Its not bad on being optimistic but make it sure that you have some back up plans on the moment that it wont really be happening as we do expect.

[bitterguy28]

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

honestly i also expected for the new ath to be recorded during the months of august to september and i am pretty sure i was not the only one who did expect that it will be difficult to say for sure which months should we extra attentive in seeing that so far all my recent speculations have been wrong

[MrSpasybo]

But many people will be not confident anymore if there is no good market in October, November, December. In the previous cycles, there were always good market at the end of the first year of bullish season. We can check again the market condition in these months of 2020 and 2016. I know we have a long time for big bullrun in 2025 but there should be the important sign at the end of this year. Whether it will be good or bad sign. If there is no significant increase, it seems people will assume there may be no big pump anymore in the next year.

I also believe we will have Uptober + Moonvember + Pumpcember in 2024 because it's a crucial period for the recovery and growth of many ALTs after receiving inflows from BTC. I will still believe in the cycle until it's completely broken.

The FED interest rate cut in September will strengthen the growth potential of the financial market, including crypto. At the same time, the presidential election will maintain the community interest in crypto as crypto has become an important issue in debates and differentiating the policies of Trump and Harris.

I will hold my crypto assets through Q4 2024 and will not sell any tokens until Q1 2025. That's the action I've chosen since I started DCA in mid-2022.

[rdluffy]

I also believe we will have Uptober + Moonvember + Pumpcember in 2024 because it's a crucial period for the recovery and growth of many ALTs after receiving inflows from BTC. I will still believe in the cycle until it's completely broken.

The FED interest rate cut in September will strengthen the growth potential of the financial market, including crypto. At the same time, the presidential election will maintain the community interest in crypto as crypto has become an important issue in debates and differentiating the policies of Trump and Harris.

I will hold my crypto assets through Q4 2024 and will not sell any tokens until Q1 2025. That's the action I've chosen since I started DCA in mid-2022.

Hehehe, I liked this combo of words: Uptober + Moonvember + Pumpcember 

It seems that prices are being influenced more by the Fed than other good news regarding BTC
The US elections will also play a role in the price as well
And at the end of it all, we still have the forecast of the BTC halving cycles that will supposedly influence the price from the beginning of 2025

but just a quick comment, BTC often shows signs of a life of its own and follows the opposite of logic 

[Captain Corporate]

With the way we are drawing back, the increase could happen during September without waiting on October as well. I a mnot saying that it will, I am just saying that the possibility is out there. I think its clear that we are going to see this result be very great for everyone because we do not want to wait too long. The best thing about current market is that we have the potential to go up so much and we still haven't even started yet, so there is still time for anyone to get in it, and I think it will definitely be good to get in right now and wait until we start to make some money from it.

[Zed0X]

That's a nice table. For a second, I thought it's already October and had to check calendar to make sure Anyway, yeah, the last quarter is where the real action is after the accumulation from the middle months. The only event I see that will cause a significant dump is the Black Friday sale on November.

[rdluffy]

That's a nice table. For a second, I thought it's already October and had to check calendar to make sure Anyway, yeah, the last quarter is where the real action is after the accumulation from the middle months. The only event I see that will cause a significant dump is the Black Friday sale on November.

hahaha not yet
September got off to a bad start with BTC falling to 56k
In a few days it will drop to 55, 52, 50k and maybe even below that

Which may be an indication that in October things may start to improve hehehe and there will be room to go up
We don't need a Black Friday in november please 

[bounceback]

After disappointed with downtrend on September looks many trader or investor very optimistic with October or Uptober opportunities for bitcoin and altcoin raising to higher price. In this month many bad news happening and bitcoin have down significant many time until become stable under $56k.
I don't think when the beginning moment start for bitcoin recovery back to higher price and make us holder from disappointed moment become happiness moment exactly for altcoin holder have holding more longer time with their altcoin assets.

[Legion]

After disappointed with downtrend on September looks many trader or investor very optimistic with October or Uptober opportunities for bitcoin and altcoin raising to higher price. In this month many bad news happening and bitcoin have down significant many time until become stable under $56k.
I don't think when the beginning moment start for bitcoin recovery back to higher price and make us holder from disappointed moment become happiness moment exactly for altcoin holder have holding more longer time with their altcoin assets.

Thus, although September might have been tough when the prices were diminishing, the view on October as “Uptober” is positive and rather anticipating. They have new opportunities and some chance to recover, so we might get excited about the Bitcoin and altcoins reaching even greater heights. Until we see that recovery, calk and faith in your investment plan can go along way into making the journey a lot more enjoyable. Let this month usher in the much-needed good news of change that has been anticipated!