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Topic: Bitcoin October Month Performance - page 4. (Read 931 times)

sr. member
Activity: 2030
Merit: 356
October 04, 2023, 05:24:21 AM
#74
I think that October is a good month for Bitcoin, But Bitcoin price does not depend on the month. It doesn't matter that this is the month of October so Bitcoin does pump or does go down. Bitcoin price is going in random amounts, not depending on the month.

This is a choice of Bitcoin. If Bitcoin wants to go up so it will can go, in simple words, my meaning is Bitcoin price is random.
hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
October 04, 2023, 03:39:28 AM
#73
The month of October is now certainly a hope for us to see the market rising again, it could be said that at the end of the year if the market is rising then it will start in October, and today the market rose is more than 4% and we hope that this will be the start of a bigger market increase so that this week it could reach another $30k and by the end of the year it could reach at least $50k.
Currently the price of Bitcoin still tends to be the same even though the price experienced a brief increase in the last two days. $50K is too big a price prediction for this year so it will be quite difficult for Bitcoin to get there because currently the price of Bitcoin is still below $28K, but if the prediction is for a price of $30K I think it could be quite logical for Bitcoin to reach again. Because everyone also needs to see how big the Bitcoin percentage is when it decreases, not just look at the percentage when it increases.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
October 03, 2023, 09:18:45 PM
#72
The month of October is now certainly a hope for us to see the market rising again, it could be said that at the end of the year if the market is rising then it will start in October, and today the market rose is more than 4% and we hope that this will be the start of a bigger market increase so that this week it could reach another $30k and by the end of the year it could reach at least $50k.

I won't say October is a going to be one of the best between August and September but is best to use what we see to judge how the market goes, it can happen to be that mid-October the price of Bitcoin can drop very fast to an amount nobody expect to see and it will hurt so many of you that speaks much about October.
To me October is just promising but waiting for the market price to do it's work is better than saying what hasn't happened yet to be on on our lips, I still say it that this month might give us $30k+.

Based on history, October is usually good for the markets, so there is nothing wrong with people expecting a green candle in October, but we need to be careful because not everything will always repeat. Furthermore, we are very different from every year because this year's economic situation is full of instability and that will also have a significant impact on the market. After the first 2 days of the month, everything grew quite well but things are gradually slowing down so we need to be careful.

In my opinion, the expectation of 30k$ in October is possible but to talk about the goal of 50k$ before the end of the year is very difficult, I don't think we will be able to do it.
sr. member
Activity: 756
Merit: 454
October 03, 2023, 05:45:17 PM
#71
The month of October is now certainly a hope for us to see the market rising again, it could be said that at the end of the year if the market is rising then it will start in October, and today the market rose is more than 4% and we hope that this will be the start of a bigger market increase so that this week it could reach another $30k and by the end of the year it could reach at least $50k.

I won't say October is a going to be one of the best between August and September but is best to use what we see to judge how the market goes, it can happen to be that mid-October the price of Bitcoin can drop very fast to an amount nobody expect to see and it will hurt so many of you that speaks much about October.
To me October is just promising but waiting for the market price to do it's work is better than saying what hasn't happened yet to be on on our lips, I still say it that this month might give us $30k+.
hero member
Activity: 2730
Merit: 632
October 02, 2023, 03:48:37 PM
#70
I believe October will runup much like it did in 2015. That was a 33% jump which would mean we would be close to 35-40k by months end.

On march 31  2023 or April 15 2023 the ½ ing happens. At current difficulty price needs to be over 48k by then or a mining collapse will happen.

I am pretty sure we will mirror 2015-2016 runup leading into the ½ ing

so a 33% jump in Oct 2023 seems to be a good guess.
So what are your basis on trying to mimic out or having those similarities on 2015'ish kind of situation on trying out to mirror on what would happen for this month?

We know that market cant really be that read out even if there would really be those sentiments around on which we could see and tell that it is really that relevant
specially on fundamentals which might really be that could greatly affect. The only thing that i do accept or having that relevance on which price should hit
48k and tying it up with miners then it is really that something a good approach or convincing.

33% jump for this month is something that too much basing up on Sept. movements which we are really that moving sideways. Wont be shocking if we do
still stay below 30k for this month of OCT.
legendary
Activity: 4326
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October 02, 2023, 10:45:29 AM
#69
I believe October will runup much like it did in 2015. That was a 33% jump which would mean we would be close to 35-40k by months end.

On march 31  2023 or April 15 2023 the ½ ing happens. At current difficulty price needs to be over 48k by then or a mining collapse will happen.

I am pretty sure we will mirror 2015-2016 runup leading into the ½ ing

so a 33% jump in Oct 2023 seems to be a good guess.
sr. member
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Cashback 15%
October 02, 2023, 10:23:57 AM
#68
I think october will be very dangerous month for traders cause I am not expecting it to be totally green or red. I am actually expecting very volatile month this year. That's why I am planning to follow, buy dump rebuy strategy to maximize money I make to hit more Bitcoin amounts in my wallet following months. Next year will be surely lot better than 2023. But September was boring and October will be nothing better in my opinion.
If you don't expect any major price changes in October, why are you talking about a dump? It is a good strategy to buy as much as possible before the upcoming halving, but it seems to me that there may not be any big drops. By the way, this September was contrary to expectations green and October started well too. So it may happen that autumn will be green.
sr. member
Activity: 1526
Merit: 255
October 02, 2023, 08:17:28 AM
#67
The month of October is now certainly a hope for us to see the market rising again, it could be said that at the end of the year if the market is rising then it will start in October, and today the market rose is more than 4% and we hope that this will be the start of a bigger market increase so that this week it could reach another $30k and by the end of the year it could reach at least $50k.
legendary
Activity: 2436
Merit: 1366
October 02, 2023, 12:36:19 AM
#66
I think october will be very dangerous month for traders cause I am not expecting it to be totally green or red. I am actually expecting very volatile month this year. That's why I am planning to follow, buy dump rebuy strategy to maximize money I make to hit more Bitcoin amounts in my wallet following months. Next year will be surely lot better than 2023. But September was boring and October will be nothing better in my opinion.
legendary
Activity: 3094
Merit: 1127
October 01, 2023, 03:41:34 PM
#65
With the way Bitcoin price is going as this month of September is coming to an end I have that feeling that October would be a promising month compare to August and September put together. I'll say let the count down begin for a better October, the current price of Bitcoin is $26,900 and we should be hopeful that in the first week of October it will have a boost to $27k and still raising.
So for now let's see what the remaining hours of September would pass on to October, I hope the market would take a positive turn, for me, $30k+ is the target.
Bitcoin has only had two red Octobers in its history, so there is a really high probability that we will see a rise this October. It would be good if bitcoin can break the resistance at 32k. But it's probably too early to tell.

Yup, historically October has been a Green month for Bitcoin, only twice has it been negative.
====

So as we leave a fairly static September behind hopefully October will be Green.

Two events looming on the horizon, one definite Bitcoin Halving one unpredictable Blackrock ETF
October still falls outside the 6 month run in to the halving but it could set it up for the bull run...
I hope that halving can actually have some effect on the price rise, but for it to be before and not after the halving happens. Remember the collapse in March 2020 and all models were broken. There was a halving then too and nobody could have predicted that it would happen. So ETFs can play a role in October and I would like nothing bad to happen.
Anything could happen in a snap and there's no way that we could really be able to tell that what happened in the past would definitely happen in the future and this is something that we should really be having in mind.
Basing up on those charts or table above then it does  really show that most of those years where the price is really on the green percentage which it do really give out that kind of boost up into those people who
had been struggling for the month of September and now that we are on October then we are really that something anticipating or really that believing that we might be seeing the same thing for this month.
Although it would really be always that wise that always consider risks management and dont make yourself that get easily be that hooked up basing up on those past events or history itself and directly making out
conclusions and steps to be made without having those considerations in applying some analysis whether we would really be green or red for this month. Last dumps or crashes could happen neither on pre or post-halving season and this is why its always been that recommended on what are the things that needs to be considered and mind of so that you could really be able to make out most of it.
sr. member
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Cashback 15%
October 01, 2023, 03:34:51 PM
#64
With the way Bitcoin price is going as this month of September is coming to an end I have that feeling that October would be a promising month compare to August and September put together. I'll say let the count down begin for a better October, the current price of Bitcoin is $26,900 and we should be hopeful that in the first week of October it will have a boost to $27k and still raising.
So for now let's see what the remaining hours of September would pass on to October, I hope the market would take a positive turn, for me, $30k+ is the target.
Bitcoin has only had two red Octobers in its history, so there is a really high probability that we will see a rise this October. It would be good if bitcoin can break the resistance at 32k. But it's probably too early to tell.

Yup, historically October has been a Green month for Bitcoin, only twice has it been negative.



So as we leave a fairly static September behind hopefully October will be Green.

Two events looming on the horizon, one definite Bitcoin Halving one unpredictable Blackrock ETF
October still falls outside the 6 month run in to the halving but it could set it up for the bull run...
I hope that halving can actually have some effect on the price rise, but for it to be before and not after the halving happens. Remember the collapse in March 2020 and all models were broken. There was a halving then too and nobody could have predicted that it would happen. So ETFs can play a role in October and I would like nothing bad to happen.
legendary
Activity: 2464
Merit: 1387
October 01, 2023, 02:38:38 PM
#63
With the way Bitcoin price is going as this month of September is coming to an end I have that feeling that October would be a promising month compare to August and September put together. I'll say let the count down begin for a better October, the current price of Bitcoin is $26,900 and we should be hopeful that in the first week of October it will have a boost to $27k and still raising.
So for now let's see what the remaining hours of September would pass on to October, I hope the market would take a positive turn, for me, $30k+ is the target.
Bitcoin has only had two red Octobers in its history, so there is a really high probability that we will see a rise this October. It would be good if bitcoin can break the resistance at 32k. But it's probably too early to tell.

Yup, historically October has been a Green month for Bitcoin, only twice has it been negative.



So as we leave a fairly static September behind hopefully October will be Green.

Two events looming on the horizon, one definite Bitcoin Halving one unpredictable Blackrock ETF
October still falls outside the 6 month run in to the halving but it could set it up for the bull run...
hero member
Activity: 1218
Merit: 608
October 01, 2023, 02:16:21 PM
#62
Opening first day in October not really promising with Bitcoin performance still stable around $27k, we have pass September with bad bitcoin price performance and keep stable in lower price. Still speculation what goings on in this month will Bitcoin moment for raising up to higher price until close with halving? Still need more patience looking the opportunity with bitcoin will back above $40k due last month most highest price around $32k and bitcoin difficult break out form that price.
Keep optimistic with bitcoin has chance raise up above $40k but its not raise in the early of October, possibility middle or the end of October has chance for bitcoin raise and make higher price around last several months before.
sr. member
Activity: 2282
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Cashback 15%
October 01, 2023, 01:04:55 PM
#61
With the way Bitcoin price is going as this month of September is coming to an end I have that feeling that October would be a promising month compare to August and September put together. I'll say let the count down begin for a better October, the current price of Bitcoin is $26,900 and we should be hopeful that in the first week of October it will have a boost to $27k and still raising.
So for now let's see what the remaining hours of September would pass on to October, I hope the market would take a positive turn, for me, $30k+ is the target.
Bitcoin has only had two red Octobers in its history, so there is a really high probability that we will see a rise this October. It would be good if bitcoin can break the resistance at 32k. But it's probably too early to tell.

That's in the past to speak about October don't expect what happened 2-3 years ago to happen again let's accept what the market is giving us. Bitcoin price might or might not get to what you're expecting and I'm not sure of seeing $32k this month but I'm sure $30k is certain as the price is $27k at the moment it might even get to $29k before the end of this week, just saying though.
September was more often red, but this time it was green. Which may suggest that past repeats may not actually happen. It doesn't really matter if it's October, September or November now. The important thing is to be patient. If the price drops, you can buy more coins. If it doesn't fall, then we hold the bags until the next bull season.
full member
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October 01, 2023, 12:47:14 PM
#60
I think that till the mid of October the price will not be higher than 30k$ may be it goes up after mid but a huge pump is not estimated to be occur in the month of October.
The price increase from 26k to 27k$ but this is a little pump which is not an actual bull run therefore when Bull run initiate then worth of bitcoin will more than 30k$ or 40k$ which is possible at the end of this year.

Without any doubt we can say that crypto is volatile so the price movement is possible in each hour but we are just assuming such price increase and decrease which is not based on obsoletely sure speculation.

People are making prediction that is based on previous month but I don't think that previous price can suggest any dip or pump but actually every month the price is altered. The price will oscillates between 26k$ and 30k$ in the month of October.
full member
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October 01, 2023, 07:05:39 AM
#59
Bitcoin price movements like that will only benefit day traders who like to take quick profits, but I would not immediately assume that market conditions are improving because this kind of increase has occurred several times in the last month so it could happen again this month again. Although hopefully I also really want to see a much better increase in Bitcoin prices this month in Bitcoin so that new investors can have the intention to return to the market and buy Bitcoin for their own investment before a bigger increase occurs again in Bitcoin.
For October I think this is quite possible and I am quite optimistic seeing the market price movements that have occurred since September which continue to increase slowly and this is possible to continue until October, and also if we look at what happened in the past There is also a lot of news and positive possibilities that will happen.
However, the movement that will occur is likely to be nothing significant, I am aware of that.
hero member
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October 01, 2023, 06:43:39 AM
#58
I might have missed some news but it seems there's also nothing special to anticipate within the month. There might be some good news that would arise in the middle of it, but for now things will probably remain normal. Therefore I also expect the price to be normal, meaning the movement will generally be sideward. Any upward or downward change won't be a big deal.

News of Bitcoin spot ETF won't be exciting for a while because of the suspensions. There isn't a timeline within October of a new regulation or policy either. So there's really nothing big to be looking forward to.
It is possible that this is the case, but the small movement that occurs will be quite influential for Bitcoin daily traders and the possibility is quite large. After seeing that currently the movement is slowly continuing in a positive direction, the possibility that this will continue is very large throughout the month of October.
But that doesn't mean there isn't the possibility of surprises.
Hopefully, this month, there will be changes in the price of Bitcoin, and the increase in the price of Bitcoin to the $27k level will give hope to traders and investors. They will see that Bitcoin will slowly increase and their preparations for a long time can provide profits.

But we still have to be careful because the price has not increased significantly and it wants to find a safe position at the current level. But if you don't find it, there is a possibility that the price will drop again. We still have to be alert to all the possibilities and prepare money to buy Bitcoin at low prices.

Hopefully, more positive news will be released this month so that Bitcoin prices can increase again and reach $30k. But this position has provided decent profits for future traders who can already profit from it.
hero member
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Bitcoin Casino Est. 2013
October 01, 2023, 06:26:56 AM
#57
It is possible that this is the case, but the small movement that occurs will be quite influential for Bitcoin daily traders and the possibility is quite large. After seeing that currently the movement is slowly continuing in a positive direction, the possibility that this will continue is very large throughout the month of October.
But that doesn't mean there isn't the possibility of surprises.
Bitcoin price movements like that will only benefit day traders who like to take quick profits, but I would not immediately assume that market conditions are improving because this kind of increase has occurred several times in the last month so it could happen again this month again. Although hopefully I also really want to see a much better increase in Bitcoin prices this month in Bitcoin so that new investors can have the intention to return to the market and buy Bitcoin for their own investment before a bigger increase occurs again in Bitcoin.
sr. member
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October 01, 2023, 12:48:12 AM
#56
I might have missed some news but it seems there's also nothing special to anticipate within the month. There might be some good news that would arise in the middle of it, but for now things will probably remain normal. Therefore I also expect the price to be normal, meaning the movement will generally be sideward. Any upward or downward change won't be a big deal.

News of Bitcoin spot ETF won't be exciting for a while because of the suspensions. There isn't a timeline within October of a new regulation or policy either. So there's really nothing big to be looking forward to.
It is possible that this is the case, but the small movement that occurs will be quite influential for Bitcoin daily traders and the possibility is quite large. After seeing that currently the movement is slowly continuing in a positive direction, the possibility that this will continue is very large throughout the month of October.
But that doesn't mean there isn't the possibility of surprises.
sr. member
Activity: 2380
Merit: 366
September 30, 2023, 10:03:57 PM
#55
The month of October is called Uptober for a reason. But it isn't really consistent over the years. There were Octobers in the past wherein the price ended up in red rather than green. So even if most of the Octobers in the previous years were green, there isn't really a guarantee that it's going to be green this time around.

I myself don't expect much. If the month closes in green, the growth won't probably be a big deal, perhaps a single digit in growth, just like the October of last year. But green is very possible considering how low Bitcoin's price probably is when the month shortly opens.
I haven't seen any good news about October, but something that might be supportive is that bitcoin could maintain $27k by the end of September. But of course there are still a few hours before September closes and this can be a good benchmark for continuing analysis in October.

I really hope October is a month for price recovery in bitcoin and I feel optimistic about that. October should give us a lot of hope about the price of bitcoin, but something bad might affect its rise. I don't expect the $28k to $29k resistance to fail to break in October, meaning I'm optimistic about it.

I might have missed some news but it seems there's also nothing special to anticipate within the month. There might be some good news that would arise in the middle of it, but for now things will probably remain normal. Therefore I also expect the price to be normal, meaning the movement will generally be sideward. Any upward or downward change won't be a big deal.

News of Bitcoin spot ETF won't be exciting for a while because of the suspensions. There isn't a timeline within October of a new regulation or policy either. So there's really nothing big to be looking forward to.
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