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Author Topic: Bitcoin's price in October 2024  (Read 5010 times)

Online MrSpasybo

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Re: Bitcoin's price in October 2024
« Reply #60 on: October 12, 2024, 04:53:24 PM »
I am also agree with your comment. I also believe that bitcoin price will be increase in this month. Because if we follow in cryptocurrency market, we can see that bitcoin price is good now, i think gradually it’s price will increase. But if we look behind in few week, we could saw that bitcoin price is down in this time. We also saw that iran  attack in Israel in few days ago, so it will be a reason for little down in bitcoin. But we expect that gradually bitcoin price will increase.
Whether a BTC or ALTS investor, we all hope to see BTC price rise during Uptober. However, the fear of Octobear is still gripping investors as we near the end of the first two weeks and BTC price hasn't shown any significant upward movement as expected.

I'm a bullish investor and believe in the cyclical nature of BTC price. I'm confident that BTC will reach a new ATH in Q4 this year. I don't even pay attention to fluctuations in October to avoid making wrong decisions that could harm my portfolio and account. Discussions about BTC price in October are just for fun because it won't have any impact on my account and portfolio!
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Re: Bitcoin's price in October 2024
« Reply #60 on: October 12, 2024, 04:53:24 PM »

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Re: Bitcoin's price in October 2024
« Reply #61 on: October 12, 2024, 04:55:05 PM »
I am also agree with your comment. I also believe that bitcoin price will be increase in this month. Because if we follow in cryptocurrency market, we can see that bitcoin price is good now, i think gradually it’s price will increase. But if we look behind in few week, we could saw that bitcoin price is down in this time. We also saw that iran  attack in Israel in few days ago, so it will be a reason for little down in bitcoin. But we expect that gradually bitcoin price will increase.
Today bitcoin have been success break above $63k after last two days ago since CPI announced release make bitcoin dropped to $58,900. I think in this month looks promising with bitcoin will raise to higher price but need waiting few days later any bad news or good news will make bitcoin strongly break more higher price.
Almost two weeks in this month seems bitcoin get faster for recovery, optimistic with bitcoin have potential break more higher price in the future or get possibility hit above $70k for this month if get consistency and not any bad news make many holder or investor panic to sell their btc assets.

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Re: Bitcoin's price in October 2024
« Reply #61 on: October 12, 2024, 04:55:05 PM »

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Re: Bitcoin's price in October 2024
« Reply #62 on: October 12, 2024, 10:02:39 PM »
I never paid attention to the shape of candles and did not believe that they can be used to predict, but now it seemed interesting to me how all the latest candles look on the Bitcoin Monthly chart.



Look at the spokes:
That is, we started the month, went up and down and went to a new month not far from the previous values, and so on several times.

It looks like there is a swing, and the bulls are giving in.

Regardless of the candles though, the bulls are still in the market, we have seen the price decline below $60k, and yet they were able to recover as the price goes up in the last 2 days, now at $62,600. So there is still that argument that this October, we could still be ending in a positive side despite what had happened in the last 2 week, there was a correction and then the bearish sentiments is up again. So we will see, last 2 weeks could be the time wherein October will really show it's true color that it is going to be the start of the last kick on the bullish market and that at least a new all time high could be established before the end of the year.

It's funny that zhestiteno we see a strong price growth now, and 60k was the point from which the price of bitcoin strongly bounced off. I think that UPtober shows its psychological influence on people, which is why the crowd believes in growth and makes it.
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Re: Bitcoin's price in October 2024
« Reply #63 on: October 13, 2024, 11:15:42 PM »
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.

Is this a price correction or we may see another dip that might be more intense then the current one?
This could be a price correction during the beginning of this month of October, looking at the price now, almost at the middle of it there has been improvement from the starting price at the beginning of the month.
I guess there's still much time for BTC to show what it has for the month of October, but I believe there'll be positive price change during the month of November and it may even likely reach a new ATH in the month of November or early December period.
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Re: Bitcoin's price in October 2024
« Reply #64 on: October 14, 2024, 09:01:27 AM »
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.

Is this a price correction or we may see another dip that might be more intense then the current one?
This could be a price correction during the beginning of this month of October, looking at the price now, almost at the middle of it there has been improvement from the starting price at the beginning of the month.
I guess there's still much time for BTC to show what it has for the month of October, but I believe there'll be positive price change during the month of November and it may even likely reach a new ATH in the month of November or early December period.
It is normal to see price sometimes up and down, particularly so when those prices have gone up or down dramatically. This may part of consolidation phase that we are seeing now as a result of early October ramp up.

But it is crucial to stay publisher that some element, that is, some factors whose changes may have an impact on BTC price in the future, exist; it includes global monetary policy, institutional adoption, government regulations, and other macro events. Should the upward movement sustain itself, there is likelihood that BTC hit new highs this year following the past years’ experience that seasonal gains are usually at the year end.

Remember to watch the market and keep abreast with changes while you should focus on the basics that underpin this kind of price direction for better prediction.

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Re: Bitcoin's price in October 2024
« Reply #65 on: October 14, 2024, 09:27:19 AM »
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.

Is this a price correction or we may see another dip that might be more intense then the current one?
Bitcoin touched up to $64500 today. Many have discussed and predicted that Bitcoin will grow from October and occupy a good position in this year 2024 itself. Some say Bitcoin will surpass $100,000 in 2024. But nothing incredible if the Bitcoin market is growing it doesn't take long to grow to hundreds of thousands in a short period of time. But if predicting Bitcoin price for the month of October, I would say that October is the most likely month for Bitcoin to exceed $66,000. Also, I believe that Bitcoin is likely to hit $100,000 in 2024. Maybe Bitcoin won't go down any more and will slowly go up from here. Although the market was a bit dumping at the beginning of October, the market has started to move upwards in the last few days, especially today, the Bitcoin market has increased a bit. As the bitcoin market grew, the alotcoin market also began to grow.
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Re: Bitcoin's price in October 2024
« Reply #66 on: October 14, 2024, 10:50:44 AM »
Since the start of October, Bitcoin has been losing its value, Bitcoin touched $66k by the end of September but in 1st of October Bitcoin's value fell below $60500 and the value somehow recovered back to $61700. But it wasn't able to push once again to $62k or above it. Due to it the whole market has gone crazy and most alt coins have lost value during the dip. The Bitcoin is dipping again but no one knows how low it will dip this time.

Is this a price correction or we may see another dip that might be more intense then the current one?
Bitcoin touched up to $64500 today. Many have discussed and predicted that Bitcoin will grow from October and occupy a good position in this year 2024 itself. Some say Bitcoin will surpass $100,000 in 2024. But nothing incredible if the Bitcoin market is growing it doesn't take long to grow to hundreds of thousands in a short period of time. But if predicting Bitcoin price for the month of October, I would say that October is the most likely month for Bitcoin to exceed $66,000. Also, I believe that Bitcoin is likely to hit $100,000 in 2024. Maybe Bitcoin won't go down any more and will slowly go up from here. Although the market was a bit dumping at the beginning of October, the market has started to move upwards in the last few days, especially today, the Bitcoin market has increased a bit. As the bitcoin market grew, the alotcoin market also began to grow.
Honestly, I don't believe bitcoin will surpass $100K by the end of 20024, if you look at the global economic conditions and the results of observations of bitcoin for the last 2 months, it seems that the price of 4100K is still impossible to happen this year. Everyone has analysis and predictions, but I don't have the confidence and analysis that supports the price of bitcoin to reach $100K by the end of this year.
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Re: Bitcoin's price in October 2024
« Reply #66 on: October 14, 2024, 10:50:44 AM »


Offline royalRitta

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Re: Bitcoin's price in October 2024
« Reply #67 on: October 14, 2024, 11:45:11 AM »
Honestly, I don't believe bitcoin will surpass $100K by the end of 20024, if you look at the global economic conditions and the results of observations of bitcoin for the last 2 months, it seems that the price of 4100K is still impossible to happen this year. Everyone has analysis and predictions, but I don't have the confidence and analysis that supports the price of bitcoin to reach $100K by the end of this year.

People and institutions just have lots of skin going for BTC, thus, many anticipate the break of the ATH in 2025, me included ;D I do think it's possible and the rally will be good during the next Bull cycle, however, it's not certain, as anything on the market, really.

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Re: Bitcoin's price in October 2024
« Reply #68 on: October 14, 2024, 12:13:19 PM »
This could be a price correction during the beginning of this month of October, looking at the price now, almost at the middle of it there has been improvement from the starting price at the beginning of the month.
I guess there's still much time for BTC to show what it has for the month of October, but I believe there'll be positive price change during the month of November and it may even likely reach a new ATH in the month of November or early December period.

The BTC price is showing strong volatility this month. In just two weeks, the BTC price has already managed to fall from $64k to $59k, and now it has risen again to almost $65k. Such volatility is impressive, although it becomes unclear where exactly the BTC rate will be by the end of October.
As for ATH, I personally don't think we will see it this year.
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Re: Bitcoin's price in October 2024
« Reply #69 on: October 17, 2024, 02:41:02 PM »
Honestly, I don't believe bitcoin will surpass $100K by the end of 20024, if you look at the global economic conditions and the results of observations of bitcoin for the last 2 months, it seems that the price of 4100K is still impossible to happen this year. Everyone has analysis and predictions, but I don't have the confidence and analysis that supports the price of bitcoin to reach $100K by the end of this year.

People and institutions just have lots of skin going for BTC, thus, many anticipate the break of the ATH in 2025, me included ;D I do think it's possible and the rally will be good during the next Bull cycle, however, it's not certain, as anything on the market, really.

some CFOs may be tempted to follow in Microstrategy's footsteps
do you clearly understand what this means? it means a rush to buy bitcoin
and consequently less bitcoin around
everyone wants bitcoin, ETFs, companies, people, private institutions... are there any for everyone?

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Re: Bitcoin's price in October 2024
« Reply #70 on: October 17, 2024, 04:17:31 PM »
Honestly, I don't believe bitcoin will surpass $100K by the end of 20024, if you look at the global economic conditions and the results of observations of bitcoin for the last 2 months, it seems that the price of 4100K is still impossible to happen this year. Everyone has analysis and predictions, but I don't have the confidence and analysis that supports the price of bitcoin to reach $100K by the end of this year.

People and institutions just have lots of skin going for BTC, thus, many anticipate the break of the ATH in 2025, me included ;D I do think it's possible and the rally will be good during the next Bull cycle, however, it's not certain, as anything on the market, really.
We might be happy when we are in the bullrun but our only problem is the transaction fee it will also goes up just like what had happened recently where there is a slight increase in price and the mempool is also going crazy.

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Re: Bitcoin's price in October 2024
« Reply #71 on: October 18, 2024, 11:37:41 AM »
Now the price has exceeded the value with which it entered October, so this is already a profile month for those who bought from the first day, while the Profit reached +10%, which happened very quickly. And those who do not grab the stars from the sky, fixed and are already in the plus. Regarding the end of the month, which you mentioned - maybe we will finally see an incredible breakthrough of 74k?
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Re: Bitcoin's price in October 2024
« Reply #72 on: October 18, 2024, 12:46:57 PM »
Now the price has exceeded the value with which it entered October, so this is already a profile month for those who bought from the first day, while the Profit reached +10%, which happened very quickly. And those who do not grab the stars from the sky, fixed and are already in the plus. Regarding the end of the month, which you mentioned - maybe we will finally see an incredible breakthrough of 74k?

Anyhow, we will see the rally for BTC growing stronger and stronger, resulting in the future Bullrun. That's my opinion on it, hold tight to your BTC and the support zones it can break in the future.

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Re: Bitcoin's price in October 2024
« Reply #73 on: October 18, 2024, 02:12:29 PM »
This could be a price correction during the beginning of this month of October, looking at the price now, almost at the middle of it there has been improvement from the starting price at the beginning of the month.
I guess there's still much time for BTC to show what it has for the month of October, but I believe there'll be positive price change during the month of November and it may even likely reach a new ATH in the month of November or early December period.

The BTC price is showing strong volatility this month. In just two weeks, the BTC price has already managed to fall from $64k to $59k, and now it has risen again to almost $65k. Such volatility is impressive, although it becomes unclear where exactly the BTC rate will be by the end of October.
As for ATH, I personally don't think we will see it this year.
According to my prediction, at the end of October, Bitcoin will likely experience a correction, although many people say that October is a good month for crypto, but it seems that this October we will hear negative news. That's just a prediction, it could be wrong.
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Re: Bitcoin's price in October 2024
« Reply #74 on: October 23, 2024, 09:34:22 PM »

According to my prediction, at the end of October, Bitcoin will likely experience a correction, although many people say that October is a good month for crypto, but it seems that this October we will hear negative news. That's just a prediction, it could be wrong.

Ok you made a prediction, well ok
At least explain to us why you think October is not a good month, it's not worth throwing a stone and then not explaining why..

anyone can get up in the morning and say, in my opinion.. but if he doesn't explain the reasoning, that in my opinion isnt worth much
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