October Bitcoin bull month. - page 2.

Fredomago

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Quote from: yohananaomi on October 12, 2021, 03:42:35 AM

Quote from: marine4u on October 10, 2021, 08:09:15 AM

October has always been good for bitcoin, bitcoin value has recovered and crossed $53k since July 9th. Even so, it looks like we will be moving sideways for another week to expect a bull market more sustainable from a bitcoin ETF according to the final decision of the SEC but it seems that even the techniques of bitcoin from Taproot are of great interest. And again I believe PlanB will correctly diagnose this bull run.

since the beginning of october or Q4 it looks slowly but surely bitcoin has started to move up, when at the beginning it was in a position in the range of $47K+ and now it has reached $57K+ means that there has been a significant increase for more or less entering the second week of this month . so it is true what you say that bitcoin is recovering and will continue to move up.

Of course, the hope is that all bitcoins will not decline again below $50K, because the situation with that number is very crucial and it seems difficult to be surpassed by bitcoin a while ago, so it took quite a long time. now it's past and hope that positive news will come again and not bad news that will make bitcoin erode again.

if it is true that the halving effect will occur then in November or December there will be ATH, after that it will decrease after passing the turn of the year which always occurs after the same halving effect as the events in 2013 and 2017 after the occurrence of renewable ATH.

So far the market still hanging and if we talk about the increase, this last quarter seems to be more friendly to those who bought their coins during September, that red month has been overcome and most who believes that it was an opportunity are now capable in taking their profits if they choose to let go and enjoy the benefits.

While for long term or those who still aiming to maximize their profits, December or the end of this year may still be considered as good selling month, it's been expected to have a new ATH before or in the first quarter of next year.

Dhaniii

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October has been a big lucky month for bitcoin adopters, where investors are screaming that they've got their winnings back after months of going through painful market conditions before. bitcoin has received high support this october and is doing well.

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Quote from: Marvell1 on October 07, 2021, 11:39:54 AM

Quote from: bots1 on October 06, 2021, 11:21:38 AM

Indeed, the price of Bitcoin rose again in early October. The re-greening of bitcoin prices is also due to seasonal factors. Some analysts say October is usually a bullish month for bitcoin and altcoin prices. I believe the price of bitcoin will continue to strengthen and expect the upward trend to continue until the end of this year.

The first week of October has been great for btc, btc is trading at 54k$ up more than 20% from the end of September. But do not rest in victory, the uptrend is still there but the market is very unpredictable so be careful with any next move of btc. I have not seen any positive increase for alts, btc increases alts does not increase, btc decreases alts plummets.

Of course we have to be careful in responding to price movements in the crypto market. I believe bitcoin will reach new ATH again in late October or early November. The increase in the price of Bitcoin this time was very significant, although not all altcoins followed. But some of the top altcoins have started to rise.

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Quote from: marine4u on October 10, 2021, 08:09:15 AM

October has always been good for bitcoin, bitcoin value has recovered and crossed $53k since July 9th. Even so, it looks like we will be moving sideways for another week to expect a bull market more sustainable from a bitcoin ETF according to the final decision of the SEC but it seems that even the techniques of bitcoin from Taproot are of great interest. And again I believe PlanB will correctly diagnose this bull run.

since the beginning of october or Q4 it looks slowly but surely bitcoin has started to move up, when at the beginning it was in a position in the range of $47K+ and now it has reached $57K+ means that there has been a significant increase for more or less entering the second week of this month . so it is true what you say that bitcoin is recovering and will continue to move up.

Of course, the hope is that all bitcoins will not decline again below $50K, because the situation with that number is very crucial and it seems difficult to be surpassed by bitcoin a while ago, so it took quite a long time. now it's past and hope that positive news will come again and not bad news that will make bitcoin erode again.

if it is true that the halving effect will occur then in November or December there will be ATH, after that it will decrease after passing the turn of the year which always occurs after the same halving effect as the events in 2013 and 2017 after the occurrence of renewable ATH.

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Quote from: tbct_mt2 on October 11, 2021, 06:46:15 AM

SEC will make FUD to dump Bitcoin at least one more time. We will have to prepare for that. SEC filed law suits against Ripple last year so what if after dumping Bitcoin with rejection on Bitcoin ETF, SEC lessen the law suits against Ripple?

Don't forget China. Where the FUD comes from, it is where will will see news that pumps Bitcoin.

October, November, this year or next 4 years, I don't care much. Because I am Bitcoin holder and I only trade Bitcoin in Spot. I don't care about dumps, if I don't have capital to do DCA.

I am not sure if it is SEC does it. Last few times has been CCP and china keeps on banning bitcoin all the time. If there is any government that wants to see bitcoin drop in price then I am pretty sure number one is China. Sure SEC is probably not thrilled by the idea that bitcoin is growing bigger but I have not heard of them do anything so far, whereas I have heard that CCP constantly does something against bitcoin.

This is why I doubt that it would be something that would be wise to wait something from them, but it would be smart to wait on a bad news from china. Now that the price is once again higher, I know for sure that they will try to do something again, whenever price goes up, they end up banning another part of crypto, it was miners then transactions and god knows what the next one will be like so I am sure they will be attacking very soon.

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Quote from: Kasabus on October 07, 2021, 04:13:01 PM

You could have been making profits by now if you have bought bitcoin in the previous months where bitcoin price was still at $30k-$35k. But with the current price at $54,166k at the moment, i think bitcoin is on its way to bullish trend. But if you think of buying right now, this could mean a higher risk knowing you will lose anytime when the market suddenly crashes. Maybe wait for some time for bitcoin to crash again and it will be a good time to buy bitcoin. Although bitcoin will surely make a good price increase as always, but you will definitely gain more profits if you can buy it at a much lower price.

True, but most people are afraid of buying the dip, they think that bitcoin is going to keep going down after they buy, and that could be true but that does not matter, what matters is that you are getting bitcoin for a cheaper price than the majority of those that bought during that period and if you can keep holding your bitcoin then you will eventually get profits, unlike what happens with those that are buying right now which need the bull run to continue to see some small profits.

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Quote from: Slow death on October 10, 2021, 06:53:12 PM

the point is not necessarily the month of october is the month of bull, this month the SEC will probably be able to approve bitcoin ETF and this is making many people buy bitcoin wildly to the point where the price of bitcoin rises to $56000. the question is:

what price will we see in november?

what price will we see if they don't approve the ETF?

This. SEC will make FUD to dump Bitcoin at least one more time. We will have to prepare for that. SEC filed law suits against Ripple last year so what if after dumping Bitcoin with rejection on Bitcoin ETF, SEC lessen the law suits against Ripple?

Don't forget China. Where the FUD comes from, it is where will will see news that pumps Bitcoin.

October, November, this year or next 4 years, I don't care much. Because I am Bitcoin holder and I only trade Bitcoin in Spot. I don't care about dumps, if I don't have capital to do DCA.

Slow death

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the point is not necessarily the month of october is the month of bull, this month the SEC will probably be able to approve bitcoin ETF and this is making many people buy bitcoin wildly to the point where the price of bitcoin rises to $56000. the question is:

what price will we see in november?

what price will we see if they don't approve the ETF?

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Quote from: SirLancelot on October 08, 2021, 10:08:22 AM

Everyone is ecstatic about the increase, which is totally understandable. However once again I am seeing too many people being focused on just feeling happy and having fun while not realizing there will be another crash.

I do not want to be the doom caller, it could be 100k before there is another crash, so let's not get worried about it, I believe bitcoin will keep going up. However if you focus on just having fun riding the profit wave, then you will be crashed when the wave hits the sand. Hence, just take your precautions, put stop loss, diversify, and just be all around aware of the market situation so that you do not lose too much.

It's very unlikely a crash will hit bitcoin at the end of the year. Usually fourth-quarters are a very positive period for bitcoin. And at this time, we have rumours of regulations to be introduced in different countries, what is often used by the media to explain bitcoin's currently pumps, as traditional investors can finally adopt bitcoin legally towards the laws of the countries where they and their businesses are established.
Maybe some bad news like an important country banning bitcoin (with the exception of China) could affect the price negatively, leading to a crash, but let's hope it's not going to happen soon. Hopefully bitcoin will hit 60,000$ by the end of this year and make it its new support level.

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Quote from: Desmong on October 10, 2021, 10:11:33 AM

The market is going to maintain this phase for a while before doing what it likes.

If bitcoin hits the support or resistance level again and again, than higher possibility to break that level. So maybe we can expect sideways movement for 1 week, than either it'll be taking bullish rally or correction depending on the volumes as it’s currently low compare to previous bullish rally for new ATH. So, lets wait for breakout or maintaining the current phase. Wink

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A few days ago bitcoin finally broke the $40k barrier and had reached a high of around 55k last time I checked. This could be a sign that the coin is already bouncing back and is readying itself for a possible return at 60k or maybe a pricepoint that is even higher than that. Time will only tell really. Although judging the graphs and the previous trend bitcoin made in the past few years it could be very possible that we are to hit 60k once again, if not achieve a new all-time high which could go as high as 100k by the minimum. So it's definitely a wise choice to buy bitcoin as early as now.

Quote from: marine4u on October 10, 2021, 08:09:15 AM

October has always been good for bitcoin, bitcoin value has recovered and crossed $53k since July 9th. Even so, it looks like we will be moving sideways for another week to expect a bull market more sustainable from a bitcoin ETF according to the final decision of the SEC but it seems that even the techniques of bitcoin from Taproot are of great interest. And again I believe PlanB will correctly diagnose this bull run.

Agree with you on the fact that the Q4 of every year offers bitcoin a lot of opportunities it could maximize and use in order to reach new heights. The biggest all-time-highs it has received all happened at years' close, and this year shows a lot of signs of bitcoin becoming bullish so there's a huge possibility of $65k touchdown by the year end, or a new all-time-high which will persist until Q1 of 2022 when the hype and people being to stabilize and wear off. This has been the trend of bitcoin for the past couple of years it has been in the market and I doubt this year's gonna be an exception.

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Quote from: BIN-BIN on October 01, 2021, 01:45:06 PM

The month Of October started on a good grand for Bitcoin as its price raised significantly in the late hour of the 1st of October a move many analysts have predicted to be the full return of the Bitcoin bull market.

Why an accurate speculation and I hope the market is going to keep on being bullish till the end of the month. The month of October has really shown an interesting move in the history of bitcoin exceeding the $52k price once again with much ranging market time.
The market is going to maintain this phase for a while before doing what it likes.

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Quote from: jostorres on October 08, 2021, 04:32:05 PM

Quote from: Fredomago on October 07, 2021, 06:24:43 PM

I'll be going to find more about that info. Yes, it's good now and we see green mostly inside the market after September's end. Though currently we see some red either short corrections or day traders are now cashing out with decent profits inside their pockets.

I see your point and that's the best reason why the market is pumping, US views about crypto have a much wider scope than China's fuds.

Most of the time, those who understand the game are capable of reading the drama with all this news that circulates around this industry.

USA has always been supporting crypto one way or another. Not in a "let's make it a legal tender" type of way, but they do allow its existence and even made laws about it as well. So for right now, we are in a situation where it is purely allowed in almost anywhere in USA and that is why it is such a huge deal.

Look at Coinbase, that is the biggest example of what you can get when a nation supports crypto, they got themselves a huge company in Nasdaq worth hundreds of billions of dollars, all because they knew that crypto wasn't a problem and let it be, if they put a ton of challenges in front of Coinbase then they wouldn't have such a big company.

You are right, Coinbase has that and the business is really moving well. Cash app also cater US and it gives citizen to send money p2p, with that usages and such a big nation as them who understand the innovative system any Fuds from China will be replace by a good trust from those who understand how big the potential of Bitcoin.

Quote from: ?? on ??

The month of October saw Bitcoin and the crypto market have bounced back from the selling pressure of last September which was quite attention-grabbing as it seemed to determine the basis of the mid-term trend. the current price spike will push the Bitcoin price higher where the Bitcoin price will hit $65k again in the rest of the year.

Last month pressure might already been overcome, now we are seeing good market bounce even some slight corrections but
still gaining good support barrier, it's expected to bring experienced better bounce and possible reaching the last time high.

marine4u

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October has always been good for bitcoin, bitcoin value has recovered and crossed $53k since July 9th. Even so, it looks like we will be moving sideways for another week to expect a bull market more sustainable from a bitcoin ETF according to the final decision of the SEC but it seems that even the techniques of bitcoin from Taproot are of great interest. And again I believe PlanB will correctly diagnose this bull run.

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Quote from: DU18 on October 09, 2021, 11:15:01 AM

Although currently the bitcoin price has started to return to a positive path, in my opinion reaching ATH at the end of this month will certainly be very difficult, and it is possible that the price will return to correction if fud starts attacking the market again like a few weeks ago, but even though So, I personally am very optimistic that the price if bitcoin will return positive after experiencing a correction and of course the bitcoin cycle in the previous year will repeat itself, So maybe by the end of this year we can see bitcoin ATH happen again.

I think that the recovery of the bitcoin price today was just starting and for sure we were going to see another ATH before this year ends however I will going to agree with you mate that it will not be that easy to happen because from time to time we will going to see unexpected corrections in bitcoins price. Though, price corrections was a natural phenomenon in crypto platform because crypto is a very volatile currency. But so far the price indication of bitcoin is very positive even if there are many fud roaming around.

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Quote from: South Park on October 06, 2021, 04:12:59 PM

Quote from: Baofeng on October 01, 2021, 06:05:40 PM

Quote from: thecodebear on October 01, 2021, 05:38:49 PM

Was there any news to make the price shoot up? I saw a few nice pieces of bitcoin news when I saw the price had pumped a few thousand dollars, but nothing that would make me think people would suddenly start piling money in. Maybe just resistance break or sentiment change after bouncing off low $40,000s once again?

I posted this in the other thread:

https://bitcointalksearch.org/topic/m.58072021

Maybe investors saw this as a positive news, SEC delaying their approval, so still 50/50 if an ETF can be approved next month or not. A indication that SEC is really looking at it like in a microscope that's why they need additional 45 days, to make a decision. Imagine what kind of FOMO we are right now, and what if US SEC approved it? would be crazy price increase up to the end of the year and maybe see the price into the 6 digits. So everyone is jumping on the bandwagon.

This is a classic case of “buy the rumor, sell the news” if investors wait until this becomes official then the price would have increased too much when they finally get to invest in the market, so what they are doing is they are buying the rumor expecting that there is an approval and then they can take advantage of the positions they took early, and if this does not happen they can sell for a small win as the market is forming a small rally right now.

Yup that's is, buy the rumour sell the news, but it is very effective method for the price to move on a positive direction. Hit $55k and it seems there's no stopping as the price keeps on growing and we might see $60k or even new all time high this month.

This is no longer small rally but maybe another FOMOlutation, lots of movement even at weekends. Which shows that traders and investors are keeping an eye of the price and keeps on buying.

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Quote from: Wong Gendheng on October 08, 2021, 04:36:22 AM

Quote from: mr500 on October 07, 2021, 01:23:20 PM

In October first week the price of BTC pump to $56,240 this is really a big bull ran but one think remember that too much time hold is not good for all time . The price is pumping and I think the price will hit the new HYP in this month . All the possibility is seeing at the moment so invest more and more in BTC and get big profit from it .

We will see new ATH can happen in october after 6 months ago, the chance for bitcoin to continue to skyrocket is getting bigger as more and more global companies are officially investing in bitcoin so this is a good sign for the future of bitcoin.

Although currently the bitcoin price has started to return to a positive path, in my opinion reaching ATH at the end of this month will certainly be very difficult, and it is possible that the price will return to correction if fud starts attacking the market again like a few weeks ago, but even though So, I personally am very optimistic that the price if bitcoin will return positive after experiencing a correction and of course the bitcoin cycle in the previous year will repeat itself, So maybe by the end of this year we can see bitcoin ATH happen again.

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Quote from: Fredomago on October 07, 2021, 06:24:43 PM

I'll be going to find more about that info. Yes, it's good now and we see green mostly inside the market after September's end. Though currently we see some red either short corrections or day traders are now cashing out with decent profits inside their pockets.

I see your point and that's the best reason why the market is pumping, US views about crypto have a much wider scope than China's fuds.

Most of the time, those who understand the game are capable of reading the drama with all this news that circulates around this industry.

USA has always been supporting crypto one way or another. Not in a "let's make it a legal tender" type of way, but they do allow its existence and even made laws about it as well. So for right now, we are in a situation where it is purely allowed in almost anywhere in USA and that is why it is such a huge deal.

Look at Coinbase, that is the biggest example of what you can get when a nation supports crypto, they got themselves a huge company in Nasdaq worth hundreds of billions of dollars, all because they knew that crypto wasn't a problem and let it be, if they put a ton of challenges in front of Coinbase then they wouldn't have such a big company.

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Everyone is ecstatic about the increase, which is totally understandable. However once again I am seeing too many people being focused on just feeling happy and having fun while not realizing there will be another crash.

I do not want to be the doom caller, it could be 100k before there is another crash, so let's not get worried about it, I believe bitcoin will keep going up. However if you focus on just having fun riding the profit wave, then you will be crashed when the wave hits the sand. Hence, just take your precautions, put stop loss, diversify, and just be all around aware of the market situation so that you do not lose too much.

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Quote from: mr500 on October 07, 2021, 01:23:20 PM

In October first week the price of BTC pump to $56,240 this is really a big bull ran but one think remember that too much time hold is not good for all time . The price is pumping and I think the price will hit the new HYP in this month . All the possibility is seeing at the moment so invest more and more in BTC and get big profit from it .

We will see new ATH can happen in october after 6 months ago, the chance for bitcoin to continue to skyrocket is getting bigger as more and more global companies are officially investing in bitcoin so this is a good sign for the future of bitcoin.

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