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Author Topic: What do you think about the remaining 18 days of this month  (Read 2500 times)

Offline joniboini

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Re: What do you think about the remaining 18 days of this month
« Reply #15 on: September 15, 2024, 02:20:07 AM »
Today, I see the crypto market is getting better and better. We have passed the new moon, and we are in the second week. Usually, wouldn't the price in the market tend to go up in the 3rd week? I hope it will really get better again for the next 2 weeks. Even if it drops, it might just be a market correction, but not too much like before.
Are you referring to the shape of the moon or another term related to the Bitcoin chart? Are you sure there is a correlation between how crypto price moves based on which week we are in? I don't really notice it. Most of the time people refer to the 4-year market cycle where we start from a bear market and end with a bull market, and so on. I guess the monthly bull/bear chart is interesting data, but I'd not rely on them if I wanted to make a risk-averse trading decision.

I'd still collect sats regardless of where we end up at the end of this month. I guess it helps that I don't have a specific price point to sell my BTC or being pressured to get profits quickly. This reminded me of when people predicted that ETF would make BTC soar, then we got a few months of downtrend and people panicked so quickly.

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Re: What do you think about the remaining 18 days of this month
« Reply #15 on: September 15, 2024, 02:20:07 AM »

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Offline SmartGold01

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Re: What do you think about the remaining 18 days of this month
« Reply #16 on: September 15, 2024, 07:43:58 AM »
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Well, to me I don't really believe that Month of September would be so nice to bitcoin after checking from historical data and it seems to be the worst month ever in bitcoin history. But whatmore, things are actually happening and who knows we would see Bitcoin hitting ATH before halving and of course no one believes and we never thought of this before so what else do you think would likely happened this month. Above 70k or below 70k?

Floor is open for discussion.
I think for this remaining month of September, Bitcoin will still hover around $58k-$63k, I don't see any positive news moving its price to $70k.

I have learned one thing about Bitcoin: to stay at a particular range of price for months before it moves to another benchmark. It's possible that $58k-$63k will last till this month end, next month we can be looking at a price of $65k-$75k
I didn't still sense that possibly of bitcoin move much up higher because September is not that month that quickly surge bitcoin price that roughly but if we talked about maybe December and January then fine, there are massive speed of growth within these periods then boils down to main bull run. Yes I still agreed with you that Bitcoin won't exceed 65k this month if there's positive news to propelled the price above little higher.

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Re: What do you think about the remaining 18 days of this month
« Reply #16 on: September 15, 2024, 07:43:58 AM »

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Re: What do you think about the remaining 18 days of this month
« Reply #17 on: September 15, 2024, 07:57:28 AM »
---
Well, to me I don't really believe that Month of September would be so nice to bitcoin after checking from historical data and it seems to be the worst month ever in bitcoin history. But whatmore, things are actually happening and who knows we would see Bitcoin hitting ATH before halving and of course no one believes and we never thought of this before so what else do you think would likely happened this month. Above 70k or below 70k?

Floor is open for discussion.
I think for this remaining month of September, Bitcoin will still hover around $58k-$63k, I don't see any positive news moving its price to $70k.

I have learned one thing about Bitcoin: to stay at a particular range of price for months before it moves to another benchmark. It's possible that $58k-$63k will last till this month end, next month we can be looking at a price of $65k-$75k
I didn't still sense that possibly of bitcoin move much up higher because September is not that month that quickly surge bitcoin price that roughly but if we talked about maybe December and January then fine, there are massive speed of growth within these periods then boils down to main bull run. Yes I still agreed with you that Bitcoin won't exceed 65k this month if there's positive news to propelled the price above little higher.
I think this month bitcoin can reach $65K, let's just wait because currently the price of bitcoin has reached $60K and it is likely that next week there will be a good movement from bitcoin. Let's see it will happen..
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Offline Rubel007

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Re: What do you think about the remaining 18 days of this month
« Reply #18 on: September 15, 2024, 08:08:30 AM »
Well, to me I don't really believe that Month of September would be so nice to bitcoin after checking from historical data and it seems to be the worst month ever in bitcoin history. But whatmore, things are actually happening and who knows we would see Bitcoin hitting ATH before halving and of course no one believes and we never thought of this before so what else do you think would likely happened this month. Above 70k or below 70k?

Bitcoin price at 70k is not unreasonable. It's prices tend to rise especially towards the end of the year, but not always in the same way that Bitcoin will continue to do so. Any kind of change can happen at any time. Recently, various types of news are coming around the American elections, but here there are more positive news. In particular, we know that Trump has been particularly supportive of crypto. Every time there is an election, the price of Bitcoin fluctuates a lot. If Trump wins the election, the price of Bitcoin will be even higher. And there are still about 15 days left of this month Bitcoin price is slowly increasing so we can expect Bitcoin to reach 70k by next 2nd week if there is no negative news appear in the market.

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Re: What do you think about the remaining 18 days of this month
« Reply #19 on: September 15, 2024, 04:00:57 PM »
Currently bitcoin price is at $59,559 and I got some local news in a radio station where someone was saying about currency that it would be hit around nearly 70k this period before this month close. I was like he is speaking about bitcoin on radio after what the government is dealing with people associating selves to cryptocurrency.. anyway, that is the reason I created this topic.

The major reason was to see very from various poster here why this statement is true that bitcoin would hit 70k before the month of September closes itself.

Well, to me I don't really believe that Month of September would be so nice to bitcoin after checking from historical data and it seems to be the worst month ever in bitcoin history. But whatmore, things are actually happening and who knows we would see Bitcoin hitting ATH before halving and of course no one believes and we never thought of this before so what else do you think would likely happened this month. Above 70k or below 70k?

Floor is open for discussion.
Thank you very much for creating your excellent post. Because we saw that crypto currency market is little down. So that we also see that bitcoin price is little down now. But i think that gradually it’s price will increase. Because we know that when bitcoin price will be high, then gradually crypto currency market will be high. So i also agree with you, because i believe that before end of this month bitcoin price will increase near in $70k.
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Offline yhiaali3

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Re: What do you think about the remaining 18 days of this month
« Reply #20 on: September 15, 2024, 10:19:26 PM »
Yes, I also don't think September will be a good month for Bitcoin, most likely we will see another market decline, but that doesn't worry me because these fluctuations are normal in the market.

According to the latest analyses I've read, Bitcoin needs its final jump within 3-4 months, after which its dominance will decline and open the way for altcoins. This means that we probably won't see a significant rise in Bitcoin before the end of the year.

In the end, these are all analyses and there are many variables in the market that can overturn all these analyses, so we just have to wait and watch.

Offline debra

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Re: What do you think about the remaining 18 days of this month
« Reply #21 on: September 15, 2024, 11:20:51 PM »
Yes, I also don't think September will be a good month for Bitcoin, most likely we will see another market decline, but that doesn't worry me because these fluctuations are normal in the market.
So far for a week, market condition is getting stronger. We can see after the market drop last month, in the end it really rose again last week and until now it is still at that rate. And maybe it will rise again because after rising yesterday, there was no drastic decline. It means that they still has a much bigger chance for crypto prices to rise higher past $62k maybe next week I hope this month it can pass $65k.

This will also depend on the news factor, one of them. as long as there is no bad information or FUD, then at least it will really get better. unless suddenly there is FUD again, it will be much worse.

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Re: What do you think about the remaining 18 days of this month
« Reply #21 on: September 15, 2024, 11:20:51 PM »


Offline TomPluz

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Re: What do you think about the remaining 18 days of this month
« Reply #22 on: September 16, 2024, 06:18:37 AM »

As I am writing this, BTC stood at the $58K level though I can sense some momentum for it to get back to the $60K zone soon and maybe stay along this price level for the next few days...leading us to the end of the month. August and September are not really good months for the crypto industry as a whole affecting many leading coins in the market. Now, will Bitcoin be able to kick the $70K fence this month? I don't see that happening, sorry. And I would already be so happy if BTC can soon be at the $65K level and stay there until October 1. Hopefully though we can see a better crypto market next month...which many call as Uptober.

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Re: What do you think about the remaining 18 days of this month
« Reply #23 on: September 16, 2024, 08:12:30 AM »
We can only think and guess, but if we analyze the entire market and the news that has come out and will come out soon, then as far as I know, there should be growth in alkcoins, including bitcoin, which should start growing by the end of this month, time will tell, but the market mood should be bullish.

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Re: What do you think about the remaining 18 days of this month
« Reply #24 on: September 17, 2024, 05:02:29 AM »
We can only think and guess, but if we analyze the entire market and the news that has come out and will come out soon, then as far as I know, there should be growth in alkcoins, including bitcoin, which should start growing by the end of this month, time will tell, but the market mood should be bullish.
While we can only predict and guess based on the available data, a thorough analysis of the market and current news can provide a clearer picture. Monitoring market trends, news developments, and general sentiment can help us make more informed predictions. If there are positive indications and market sentiment is bullish, this can be a good sign for the growth of altcoins and Bitcoin.

However, it is still important to be careful and not rely on a single source of information. Combining different types of analysis and constantly updating our knowledge of the market will help us make better decisions. Time will tell whether the predictions are accurate or not, so be ready to adapt to changes that may occur.

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Re: What do you think about the remaining 18 days of this month
« Reply #25 on: September 17, 2024, 05:14:41 AM »
We can only think and guess, but if we analyze the entire market and the news that has come out and will come out soon, then as far as I know, there should be growth in alkcoins, including bitcoin, which should start growing by the end of this month, time will tell, but the market mood should be bullish.

Why do you think will happen? What exactly is the driving force behind this?


Personally, I don’t think bitcoin will hit the $70k mark this month again - the only
Thing I currently see pushing the price of bitcoin up is the us presidential election and what the contestants have to say concerning bitcoin (if they happen to mention it) aside from that I don’t think we should be expecting anything more. The price might struggle to reach $65k but hitting $70k is not in my expectation - this is just my speculation.
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Re: What do you think about the remaining 18 days of this month
« Reply #26 on: September 17, 2024, 07:59:40 AM »
We can only think and guess, but if we analyze the entire market and the news that has come out and will come out soon, then as far as I know, there should be growth in alkcoins, including bitcoin, which should start growing by the end of this month, time will tell, but the market mood should be bullish.

Why do you think will happen? What exactly is the driving force behind this?


Personally, I don’t think bitcoin will hit the $70k mark this month again - the only
Thing I currently see pushing the price of bitcoin up is the us presidential election and what the contestants have to say concerning bitcoin (if they happen to mention it) aside from that I don’t think we should be expecting anything more. The price might struggle to reach $65k but hitting $70k is not in my expectation - this is just my speculation.

You say everything correctly and look in the right direction, but it all does not end with the American presidential elections, I agree with you that this is very powerful news, but it is one of many, of which there are many, I do not analyze all this, I am now just observing and listening to advice from those whom I consider smart in this matter, in general, the majority are bullish, I can’t say specifically about the price of Bitcoin 70 or 65k, we’ll see.

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Re: What do you think about the remaining 18 days of this month
« Reply #27 on: September 18, 2024, 01:50:35 PM »
Currently bitcoin price is at $59,559 and I got some local news in a radio station where someone was saying about currency that it would be hit around nearly 70k this period before this month close. I was like he is speaking about bitcoin on radio after what the government is dealing with people associating selves to cryptocurrency.. anyway, that is the reason I created this topic.

The major reason was to see very from various poster here why this statement is true that bitcoin would hit 70k before the month of September closes itself.

Well, to me I don't really believe that Month of September would be so nice to bitcoin after checking from historical data and it seems to be the worst month ever in bitcoin history. But whatmore, things are actually happening and who knows we would see Bitcoin hitting ATH before halving and of course no one believes and we never thought of this before so what else do you think would likely happened this month. Above 70k or below 70k?

Floor is open for discussion.
I think it's not going to hit the $70k target there is no historical data that makes this month more bullish and there is no bullish news either elections for US presidents are in November, and FTX can announce payment anytime which in my opinion is a bullish news if they will pay in fiat. I don't know any other technical reasons for BTC to touch $70k.

These remaining days are not so bullish for BTC we can see the real volatility in the last 10 days of this month, which are not far because these 10 days are most likely to be bullish or bearish and I think these 10 days will be bearish like you said the month has a bad history for BTC.
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Re: What do you think about the remaining 18 days of this month
« Reply #28 on: September 18, 2024, 03:44:59 PM »
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Re: What do you think about the remaining 18 days of this month
« Reply #29 on: September 18, 2024, 04:35:17 PM »
-snip-
Well, to me I don't really believe that Month of September would be so nice to bitcoin after checking from historical data and it seems to be the worst month ever in bitcoin history. But whatmore, things are actually happening and who knows we would see Bitcoin hitting ATH before halving and of course no one believes and we never thought of this before so what else do you think would likely happened this month. Above 70k or below 70k?

Floor is open for discussion.
In mid-September, the price of Bitcoin has also started to break through $60k and anything can happen and is not tied to the previous trend.
Being above $70k or below this year will only depend on how the trend is going, If there is a lot of positive news and Bitcoin's rise is supported by better mass adoption it will be the next upswing.

And also waiting to see how the US presidential election will affect it, if Trump is elected, this will be the main benchmark for Bitcoin's rise in 2024.
But anything can happen overnight, just be prepared with your spare money and already fill your bag more.

I don't usually see this as one of the major factor to influence the market because for long bitcoin has be sailing so fine without even the US government making any good pronouncement toward it but rather it was on the contrary, where they kept fight against bitcoin. Don't be surprised all their tells and speech about bitcoin would be a merely just a political propaganda in other to buy the heart of people who are solely bitcoin lover's and of course almost the young teenage knows about bitcoin and would love for bitcoin to come into adoption. Well let us watch and see how the election goes.
The US election is likely to be held on November 5.  Even if Donald Trump makes a positive comment about Bitcoin, the effect on Bitcoin is not yet visible, but if Donald Trump wins the election, then there will be a huge positive effect on Bitcoin.  Because on the one hand, the time of Bitcoin's bull run is early 2025 and on the other hand, the issue of Donald Trump's Bitcoin support is in front.  So this time we might see a big bull run if Donald Trump wins the election
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