October Bitcoin bull month. - page 3.

Fredomago

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Quote from: djgtr on October 07, 2021, 05:41:19 PM

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.

Well I see the market is already green I think it is all because of some good news from U.S they don't follow China's footsteps of banning crypto currency, instead of banning they support cryptocurrency and noted the government is focused on ensuring the industry adheres to investor and consumer protection rules. , the Fifth-Largest Bank in U.S. Launches Crypto Custody Service,SEC Chairman Says U.S. Won’t Ban Cryptocurrencies, Bitcoin will surely back to bull run it is not because we are on month of October but because of good news.

Thanks for sharing. 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.

djgtr

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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.

Well I see the market is already green I think it is all because of some good news from U.S they don't follow China's footsteps of banning crypto currency, instead of banning they support cryptocurrency and noted the government is focused on ensuring the industry adheres to investor and consumer protection rules. , the Fifth-Largest Bank in U.S. Launches Crypto Custody Service,SEC Chairman Says U.S. Won’t Ban Cryptocurrencies, Bitcoin will surely back to bull run it is not because we are on month of October but because of good news.

Kasabus

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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 .

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.

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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 .

MrcMrc

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Quote from: STT on October 07, 2021, 12:08:24 PM

I think the next stop for BTC would be a pullback to the prior trend which capped gains. That would increase confidence further out in bullish action but for the moment a pullback and profit taking of recent gains is natural.

This is a positive over months as it increases volume in this area and price action merely needs to resolve positively while checking these lower prices. This is quite possible but we have to watch how it acts as always.
I hate to say 50k is that significant but right now it matches up with roughly as a ledge to establish as a foothold. As we rose so much that does show as a red for now but could easily be a far bigger positive later on so I'm watching for that scenario. All of that could take place in October not sure or it might need the rest of this year to resolve our direction. This is part of working our way through this higher priced area as if it were a iceberg field mid Atlantic; slow might be best Tongue

This month of October has been an incredible month for the entire crypto market. Bitcoin is battling with the $50k price level since its recovery early this week.

I believe before the end of 2021, Bitcoin is predicted to achieve a 70k price and I have a strong belief in these predictions.

$crypto$

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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.

Bitcoin was able to strengthen at $54.9k but this trend can still be sustained or reversed but I noticed it will experience another correction and indeed this is seasonal just like in September and for sure Bitcoin has been able to pass the support point for now but these speculators we don't can end it completely I clearly see the movement will still be there.
Bitcoin is pumped but some altcoins are following it but not all altcoins are going up so this can't be concluded that altcoins are pumped but what I feel is only Shiba tokens are really pumped up bigger.

STT

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I think the next stop for BTC would be a pullback to the prior trend which capped gains. That would increase confidence further out in bullish action but for the moment a pullback and profit taking of recent gains is natural.

This is a positive over months as it increases volume in this area and price action merely needs to resolve positively while checking these lower prices. This is quite possible but we have to watch how it acts as always.
I hate to say 50k is that significant but right now it matches up with roughly as a ledge to establish as a foothold. As we rose so much that does show as a red for now but could easily be a far bigger positive later on so I'm watching for that scenario. All of that could take place in October not sure or it might need the rest of this year to resolve our direction. This is part of working our way through this higher priced area as if it were a iceberg field mid Atlantic; slow might be best Tongue

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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.

lixer

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Quote from: milewilda on October 05, 2021, 04:38:42 PM

We cant really make out any conclusions because on just we are seeing that it is making some good price increase but doesnt mean that it would go through its recent ATH that easily.
This would really be still a bumpy ride but it wont really be that much of an issue into those who are been holding for years but for those who do make out active trades then i would say that this would be the best time to make some sell if you have able to get in when it hit 46-47. Shorting would be the best idea on shorter time frame but well this isnt for everybody because not all would really be that good with active trades.

How it doesn't stay too low for a long time could be a good indicator if you ask me. I have to say that it is not really that much of a problem when you consider that we are literally inching our way higher and higher constantly and whenever someone or someone's end up crashing it knowingly, the market recovers itself. It could be quickly, or it could be slowly but we end up somehow covering for ourselves so there is no problem at all.

I believe that we will be doing fine but there is nothing wrong with the assumption that we could be going super high, even to ATH. Don't make trades based on what I say, obviously do your own research however it looks like it is not really that much of a big change, we should not be really that much of a bad situation. I believe that we are definitely looking more positive than negative and that is a good thing.

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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.

As always, it's been the nature of the market, the pump is already happening, we might continue to pump it longer but of course, we never know what would happen next as it could be a bull trap only. I'm not bullish or bearish, but it's nice if we understand how the market work so we always make a matured decision, not a newbie decision where we eaisly follow the hype and dump when the panic starts.

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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.

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Quote from: BIN-BIN on October 06, 2021, 10:25:48 AM

Quote from: the ghabbar on October 05, 2021, 05:34:15 AM

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.

For this month bitcoin is increasing, even the increase is quite significant, many analyzes say bitcoin is the year-end target to reach a pretty fantastic number, this indicates that many investors have begun to adopt the pattern in the previous year, where bitcoin was able to provide considerable value and almost all the analyzes that people make have a truth rate above 80% of the bitcoin analysis and I believe bitcoin will reach high numbers early next year.

Bitcoin has broken the 55k price benchmark within this week and at the moment Bitcoin is holding a strong resistance at the 55k and heading to 60k any moment. This is an indication of the fact that before the end of 2021 we may see a 100k Bitcoin price.

Bitcoin is very surprising with a 32% increase in a week, as many people predicted near the end of the year Bitcoin is increasing in price. As you said
in the near future Bitcoin will be heading for $60k and hopefully it will be this week. If we see Bitcoin rising drastically now, it is increasingly visible
that Bitcoin is indeed bullish in October. This indicates that the $100k price target that many people predict is very likely to be achieved by the end of
this year. I'm glad I made the right decision when Bitcoin was under $45k, I bought more Bitcoin, because now Bitcoin has gone above $50k.

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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.

BIN-BIN

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Quote from: the ghabbar on October 05, 2021, 05:34:15 AM

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.

For this month bitcoin is increasing, even the increase is quite significant, many analyzes say bitcoin is the year-end target to reach a pretty fantastic number, this indicates that many investors have begun to adopt the pattern in the previous year, where bitcoin was able to provide considerable value and almost all the analyzes that people make have a truth rate above 80% of the bitcoin analysis and I believe bitcoin will reach high numbers early next year.

Bitcoin has broken the 55k price benchmark within this week and at the moment Bitcoin is holding a strong resistance at the 55k and heading to 60k any moment. This is an indication of the fact that before the end of 2021 we may see a 100k Bitcoin price.

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Indeed it's a bull month the last time I checked on the price of bitcoin it was around 49,000 dollars which is less than 48hours and just today I checked on the price of bitcoin and I saw it was trading at $54,000 and its showing signs of not slowing down! What did I miss that has triggered the bullish run besides the month of October... favorable regulation maybe 🤔

Btw At the rate btc price is moving we should expect a new all time high this month , say $70k maybe

!

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That's very good, as some observers have predicted about Bitcoin which will be back high in price at the end of the year, currently the price is experiencing a very good movement and I think in October it will continue to increase. Now that October has just started, it is very likely that it will happen in the future. hopefully our hope to be able to see the highest price of BTC will come true soon.

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Quote from: Semar Mesem on October 06, 2021, 08:48:07 AM

No doubt that october deserves to be called a bull month, interesting fact happened when i bought about $200 btc at a price of $50800 but after 2 hours the bitcoin price reached $54k, if i sell bitcoin now then i have profit 7%, this is the biggest profit record ever I never got it but I'm sure tomorrow the price of bitcoin can reach $ 60k.

Hell yeah, just check the price, it's not $54k, so the biggest barrier of $50k-$52k has been broken already and I think we can sustain this run leading to $60k. And then it will reignite the vision or at least the prediction that we are heading to $100k at the end of the year.

Earlier it went down to $50k, but a huge surge right now, haven't check the reason, but in any case, bullish sentiments are prevailing. So let's see how it will go this December, I'm exciting to see another all time high.

Semar Mesem

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No doubt that october deserves to be called a bull month, interesting fact happened when i bought about $200 btc at a price of $50800 but after 2 hours the bitcoin price reached $54k, if i sell bitcoin now then i have profit 7%, this is the biggest profit record ever I never got it but I'm sure tomorrow the price of bitcoin can reach $ 60k.

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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.

I will wait until end of the year for bull market. I think only october itself still not enough to decide it is bull run or not because usually bull run not only happen in short time but in longer time and keep increased not only pump and dump in a short time, (personal opinion only).

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Quote from: RILWAN on October 05, 2021, 04:06:00 PM

This month of October is going to be a massive month for Bitcoin as the bull market is already gathering some momentum that will push that market to the top as we see double gains with a space of 24 hours.

Seems to be proven, in a week in October this has gone up more than 21%, the current price is $51 and I'm sure new ATH can be achieved this month, maybe new ATH can reach $75k then the market goes down again but I'm sure it will never be below $50 k, opportunity to buy and big profit if we buy immediately.

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