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Author Topic: What’s Ahead for Bitcoin Next Month  (Read 2699 times)

Offline Smilez

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What’s Ahead for Bitcoin Next Month
« on: September 18, 2024, 03:42:36 PM »
Lately, BTC has been pumping, now at $59k. Many traders have been taking advantage of the recent surge; I've been doing the same. However, the question on everyone's mind is: when will it hit $70k? Once BTC reaches $70-$80k, our conviction in the bull run will be fully restored.

While many predict October will be the month, I'm adopting a wait-and-see approach. For me, it's not just about trading; I've also been exploring campaigns to maximize profits and buy dips. What strategies have you used to maximize profits? Do you think BTC will reach $80k in October?

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What’s Ahead for Bitcoin Next Month
« on: September 18, 2024, 03:42:36 PM »

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Re: What’s Ahead for Bitcoin Next Month
« Reply #1 on: September 18, 2024, 04:10:10 PM »
Lately, BTC has been pumping, now at $59k. Many traders have been taking advantage of the recent surge; I've been doing the same. However, the question on everyone's mind is: when will it hit $70k? Once BTC reaches $70-$80k, our conviction in the bull run will be fully restored.

While many predict October will be the month, I'm adopting a wait-and-see approach. For me, it's not just about trading; I've also been exploring campaigns to maximize profits and buy dips. What strategies have you used to maximize profits? Do you think BTC will reach $80k in October?
Hard to say Bitcoin reaching $80k by October but there is a high possibility given that crypto is unpredictable sometimes it can go up and down. I currently have no strategies to maximize profit because I was not able to hold my Bitcoin holdings that long since I withdraw some of it every now and then for my needs because I don't have a stable source of income right now so yeah. Based on my observation with chart the current surge was just part of a healthy pullback so therefore we will also expect healthy retracements and breaking out from that levels are a possible reversal though I could be wrong but that is just my personal opinion.

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Re: What’s Ahead for Bitcoin Next Month
« Reply #1 on: September 18, 2024, 04:10:10 PM »

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Re: What’s Ahead for Bitcoin Next Month
« Reply #2 on: September 18, 2024, 04:17:04 PM »
Recently Bitcoin is now hovering around 60k. Currently, Bitcoin's movement is really different, in this situation it is very difficult to say whether it will pump within this month. But yes, if we don't see some positive results this month, October is likely to see something good. But not sure. Because every time we've been predicting the price of Bitcoin for the past several days, none of it has actually happened, Bitcoin is really behaving differently right now. But let's see if we see some positive results in the month of October.
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Offline Themepen

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Re: What’s Ahead for Bitcoin Next Month
« Reply #3 on: September 18, 2024, 04:38:34 PM »
I am hopeful about Bitcoin recent rise to $59k. This surge offers trading opportunities and finding ways to maximize profits is smart. Reaching $70-$80k would boost confidence in Bitcoin growth. Predicting exactly when this will happen is difficult. October might be breakthrough month based fast trends and market feelings. However it is wise to wait and see.

But I will say that you should diversify your investment this will be good for you. Don't invest in one coin that can be more risky. And choose some best coins after a detailed research.

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Re: What’s Ahead for Bitcoin Next Month
« Reply #4 on: September 18, 2024, 04:46:28 PM »
Lately, BTC has been pumping, now at $59k. Many traders have been taking advantage of the recent surge; I've been doing the same. However, the question on everyone's mind is: when will it hit $70k? Once BTC reaches $70-$80k, our conviction in the bull run will be fully restored.
I am waiting for next year to invest more on bitcoin. I am not sure of when the next bull market would begin but I know the bull market is not yet over. I do not know what next month is holding but I will prefer to DCA. If bitcoin gets to $50000 again, I will buy more. I guess the next bull run will be triggered by little bear market. Also I do not think bitcoin has bottomed yet.

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Re: What’s Ahead for Bitcoin Next Month
« Reply #5 on: September 18, 2024, 05:13:15 PM »
Lately, BTC has been pumping, now at $59k. Many traders have been taking advantage of the recent surge; I've been doing the same. However, the question on everyone's mind is: when will it hit $70k? Once BTC reaches $70-$80k, our conviction in the bull run will be fully restored.

While many predict October will be the month, I'm adopting a wait-and-see approach. For me, it's not just about trading; I've also been exploring campaigns to maximize profits and buy dips. What strategies have you used to maximize profits? Do you think BTC will reach $80k in October?

We can't be totally sure if Bitcoin will get to 80k in October, the market can change its direction based on different forces influencing it. If you take a look at the market from the HTF, you can see that we are still in the major uptrend. These pull backs are just minor retest due to some resistance level at the top. Once the market is able to break that resistance zone holding it below the $60k mark, then just maybe we would see a push to the up side.
The thing is that we should just continue accumulating for now, as you cant tell when the market will make it's move for it.

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Re: What’s Ahead for Bitcoin Next Month
« Reply #6 on: September 18, 2024, 05:21:13 PM »
I am waiting for next year to invest more on bitcoin. I am not sure of when the next bull market would begin but I know the bull market is not yet over. I do not know what next month is holding but I will prefer to DCA. If bitcoin gets to $50000 again, I will buy more. I guess the next bull run will be triggered by little bear market. Also I do not think bitcoin has bottomed yet.

Have you thought about what to do if Bitcoin get to $100k or trade around region if we get to next year. If there is no US election coming up, there is going to be some heads up right now for Bitcoin because there could be some strong bear market around us but since Trump is feeding the bulls, the market at $60k seems to be doing way better than we expected.

I think that it's the best to do DCA right now, if it's goes up later and you have the funds to average your price, you can still buy more and if it goes down before next year, more funds is there to average the price, there wouldn't be loss whether it goes up or down as long as you have plan to do DCA.
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Re: What’s Ahead for Bitcoin Next Month
« Reply #6 on: September 18, 2024, 05:21:13 PM »


Offline Z-tight

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Re: What’s Ahead for Bitcoin Next Month
« Reply #7 on: September 18, 2024, 06:17:54 PM »
I am not sure if $80k is possible in October, maybe around the last month of this year, right now BTC is struggling to fully break the $60k resistance and push towards $70k, until that happens, we cannot talk about $80k. However, i believe we will end the year ~ $80k, and from there we would push on to $100k and above next year, so we have to wait and see.

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Re: What’s Ahead for Bitcoin Next Month
« Reply #8 on: September 18, 2024, 06:24:33 PM »
I believe it will still go down, maybe into the 51,000 range, but it will recover, and then at the end of the year, it will go higher. I think people are just waiting for the opportunity to buy more and maybe holding out for a lower bitcoin price.

I hope it happens as soon as possible, reaching 6 digits.
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Re: What’s Ahead for Bitcoin Next Month
« Reply #9 on: September 18, 2024, 08:38:47 PM »
Lately, BTC has been pumping, now at $59k. Many traders have been taking advantage of the recent surge; I've been doing the same. However, the question on everyone's mind is: when will it hit $70k? Once BTC reaches $70-$80k, our conviction in the bull run will be fully restored.

While many predict October will be the month, I'm adopting a wait-and-see approach. For me, it's not just about trading; I've also been exploring campaigns to maximize profits and buy dips. What strategies have you used to maximize profits? Do you think BTC will reach $80k in October?

We've been speculating ever since and we will go on like this as long as the market is highly volatile but even if the market is experiencing a downturn, there will be a point that it will recover, this has been the cycle ever since, and this what makes our hopes burning.

We are still in a good position, I don't think October is the month that we will see Bitcoin surge; probably the end of this year that it will happen, There's still a lot of drama happening on the US election fever.
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Re: What’s Ahead for Bitcoin Next Month
« Reply #10 on: September 18, 2024, 10:13:00 PM »
I guess we would have to wait and see. There have been different kinds of speculations out there. I think the best you could possibly do is predict the market to the best of your knowledge and understanding however you still need to understand that the market is a very volatile one and therefore it can be very difficult to pinpoint the exact prices though if you have nice understanding of the market you can predict closely.

Have you thought about what to do if Bitcoin get to $100k or trade around region if we get to next year. If there is no US election coming up, there is going to be some heads up right now for Bitcoin because there could be some strong bear market around us but since Trump is feeding the bulls, the market at $60k seems to be doing way better than we expected.
Everyone is anticipating that bitcoin will definitely get to a $100k  however I don't think it's possible to pinpoint when exactly.  Well I think price is being to progress little by little once again, hopefully it keeps up with the momentum.
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Re: What’s Ahead for Bitcoin Next Month
« Reply #11 on: September 19, 2024, 03:42:57 AM »
Bitcoin is one of the best trusted and valuable crypto in cryptocurrency world. So i believe that bitcoin will be best profitable than others crypto. If we follow in cryptocurrency market, we can see that bitcoin price is increase gradually. Few days ago bitcoin price is remain in $58k, but now we can see that bitcoin price is increase in $59k. So we also see that gradually it’s price is increase. So i think that next month bitcoin price will be reach near in $70k.So we should be wait for increasing in bitcoin price.
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Re: What’s Ahead for Bitcoin Next Month
« Reply #12 on: September 19, 2024, 06:10:12 AM »
However, the question on everyone's mind is: when will it hit $70k? Once BTC reaches $70-$80k, our conviction in the bull run will be fully restored.
once it hits $70k i am almost certain that it will not take that long until finally we hit the $100k mark it will just only be a matter or time and i am expecting it to happen at the end of the year or start of 2025 we shall see because december or year end usually sees bitcoin rise
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While many predict October will be the month, I'm adopting a wait-and-see approach.
it’s all we can do anyway no matter how much we try to predict when it will happen we will never know until it finally happens people also said it will be august then august came and they said no it will happen in september but still nothing happen so at this point we shall just wait

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Re: What’s Ahead for Bitcoin Next Month
« Reply #13 on: September 19, 2024, 06:22:59 AM »
What strategies have you used to maximize profits? Do you think BTC will reach $80k in October?

I am just HODLING and not following a lot of the news that can affect my crypto sanity and give me some weak hands. Of course, we all want to make BTC get into the $80K zone which can mean a new ATH for the king. But I am really doubting that and if that can happen then we can really say that the bull run is still running and can even go beyond this year. I would be already happy if this Uptober Bitcoin can successfully make it to the $75K level. There are many developments in and out of the crypto market that can be influencing the movement of the coin prices and there is nothing we can do about it. A slash in interest rate by the FED can be a good sign and hopefully will push Bitcoin to the max.

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Re: What’s Ahead for Bitcoin Next Month
« Reply #14 on: September 19, 2024, 07:37:26 AM »
I believe it will still go down, maybe into the 51,000 range, but it will recover, and then at the end of the year, it will go higher. I think people are just waiting for the opportunity to buy more and maybe holding out for a lower bitcoin price.

I hope it happens as soon as possible, reaching 6 digits.

I do agree, that the corrections of price may be in place, but it won't stop BTC from reaching new ATH soon, my guess is in 2025 for sure.
And while we are waiting for that, it's essential to keep accumulating BTC to see the results in the future.

 

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