From Sadtember to Uptober: Still Energetic and Enthusiastic?

[TomPluz]

We know that August was not good for the whole cryptocurrency industry and it really played according to its name as the 'ghost month' and yet in September we are still facing some sad days as top coins including BTC and ETH continued their contractions - going down to the level many of us may not be expecting them to go explore.

But there can be big hope ahead of us! According to Decrypt: "Bitcoin's price has been historically weak this month, mirroring Wall Street's 'September Effect." But brighter days are on the horizon."

Feeling that I have no choice but to be looking forward to the rosy days, I am really hoping that October will be the start of a solid time for our digital assets and will go on to the first quarter of 2025.

[rdluffy]

Sadtember hehehe 

Look at the thread I created a few days ago: https://www.altcoinstalks.com/index.php?topic=323875.msg1620618#msg1620618
It talks exactly about October and has a very nice graph to see how the months of October were in other years
If history repeats itself, we could be in for a big rise towards the end of the year
But “sadtember  ” as you said, it could be a down month and we'll have to hold on until then, at least 1/3 of the month is practically gone

[luckyledger]

Sadtember hehehe 

Look at the thread I created a few days ago: https://www.altcoinstalks.com/index.php?topic=323875.msg1620618#msg1620618
It talks exactly about October and has a very nice graph to see how the months of October were in other years
If history repeats itself, we could be in for a big rise towards the end of the year
But “sadtember  ” as you said, it could be a down month and we'll have to hold on until then, at least 1/3 of the month is practically gone

Some say that it will be Green October, some - that we need to wait until 2025.
For me - I will hold until my portfolio is gud to go, though, I will check your post nevertheless, thanks for sharing it here!

[Mia Chloe]

We know that August was not good for the whole cryptocurrency industry and it really played according to its name as the 'ghost month' and yet in September we are still facing some sad days as top coins including BTC and ETH continued their contractions - going down to the level many of us may not be expecting them to go explore.

Yeah that's true. However I think the statement that would best fit this your point is " The crypto ecosystem and space experienced a lot of dumps" and of course that's very true. Bitcoin really didn't give much of a bullish trend in the month of August infact the effects of the bears and dips are still obvious till now though it seems to be fading off gradually. Some people were shocked to see the bears during this period because the had strong beliefs and high hopes that a bull would follow consecutively after the halving.

However it really didn't play like they planned. Based on the market cap of bitcoin and its leading power in the crypto space I'll say the dip and bears experienced by many other coins and tokens were indirectly caused by the bear experienced by bitcoin.

[Hatchy]

But there can be big hope ahead of us! According to Decrypt: "Bitcoin's price has been historically weak this month, mirroring Wall Street's 'September Effect." But brighter days are on the horizon."

Feeling that I have no choice but to be looking forward to the rosy days, I am really hoping that October will be the start of a solid time for our digital assets and will go on to the first quarter of 2025.

It's getting better now, I gave a speculation yesterday on btt and actually it's moving in my direction. We might be seeing the ups in the month of September probably returning above the 60k mark again. And even in October theres going to be some bullish move from BTC. August was actually a bearish month, and alot of market were down by far, but we always are rest assured that we will recover from the dips. Once BTC recovers, many other coins will become bullish as well.

[Hisbullah]

But there can be big hope ahead of us! According to Decrypt: "Bitcoin's price has been historically weak this month, mirroring Wall Street's 'September Effect." But brighter days are on the horizon."

Feeling that I have no choice but to be looking forward to the rosy days, I am really hoping that October will be the start of a solid time for our digital assets and will go on to the first quarter of 2025.

It's getting better now, I gave a speculation yesterday on btt and actually it's moving in my direction. We might be seeing the ups in the month of September probably returning above the 60k mark again. And even in October theres going to be some bullish move from BTC. August was actually a bearish month, and alot of market were down by far, but we always are rest assured that we will recover from the dips. Once BTC recovers, many other coins will become bullish as well.

Seeing the price of bitcoin that is starting to rise now, it is likely that bitcoin will reach a price of more than $ 60K again, but this is only a prediction in September, as long as there is no bad news that attacks bitcoin, it is likely that we will see the price of bitcoin in October around $ 70K or maybe reach a new ATH.
We should not rush because the movement of the bitcoin price in September is still early, we will see the next few weeks.

[examplens]

But there can be big hope ahead of us! According to Decrypt: "Bitcoin's price has been historically weak this month, mirroring Wall Street's 'September Effect." But brighter days are on the horizon."

Some type of people say that the cup is half-full, and some see it as a half-empty cup. So here too, the lowest level is seen as a positive thing, again the matter is subject to interpretation. Certainly, I would not take superficial analyses of Internet writers in any direction.

What is noticeable to me are the cycles that repeat up and down between $52k and $66k. It seems like a good opportunity for traders.

[bettercrypto]

We know that August was not good for the whole cryptocurrency industry and it really played according to its name as the 'ghost month' and yet in September we are still facing some sad days as top coins including BTC and ETH continued their contractions - going down to the level many of us may not be expecting them to go explore.

But there can be big hope ahead of us! According to Decrypt: "Bitcoin's price has been historically weak this month, mirroring Wall Street's 'September Effect." But brighter days are on the horizon."

Feeling that I have no choice but to be looking forward to the rosy days, I am really hoping that October will be the start of a solid time for our digital assets and will go on to the first quarter of 2025.

You know, I like the word you made "Sadtember." Nice one, hehe... But anyway, maybe others are sad, maybe because of the state of Bitcoin's price in the market. But at the end of the day, we really shouldn't be sad; instead, we should be happy.

Isn't it better and nicer that at a time when most people are sad, that's when we should have fun because this may be the opportunity for us to take advantage of buying crypto assets that are low in price now that before the price of each one was high? Let's still be positive regardless of the situation we face, right?

[bayu7adi]

There are also many posts about digital asset performance and comparing them between September and October... from historical data, October is indeed a turning point month, so many people expect a lot from October as a money-making month for digital asset holders, including cryptocurrency assets.

I myself am also a little optimistic about October to Q1 2025, where based on history, the best period for the cryptocurrency space is around 1 year after the BTC halving occurs... this historical data may still be wrong, but my feelings are strong and I still believe it will happen... you don't have to believe this idea, because everyone has a different point of view.