Topic: October Bitcoin bull month. - page 6. (Read 951 times)
Bitcoin price started really decently to this month indeed. Seeing above $48k was really promising for the future. But still, it is good to stay cautious for now. We saw many times that the price increased at a nice rate but went down quickly. This can be one of those times too. But I still have hopes about a possible bull market to be seen in this month. This would change everything for the market in general suddenly.
That's probably the case, hopefully it does give pretty good color in October to the end of a good year.
Although we can't be careless and seem to feel safe. Because Fud who came also became a benchmark for lowering the price of Bitcoin. Currently the price increase is somehow caused by bad news or what? I haven't explored it further.
October has a little hope but a lot of worry. in these two days the market has a lot of green lines and prices are increasing, whether it will stay and continue to struggle or go back down, therefore many analysts are a little worried about giving the right argument for future market prices. Although we can't be careless and seem to feel safe. Because Fud who came also became a benchmark for lowering the price of Bitcoin. Currently the price increase is somehow caused by bad news or what? I haven't explored it further.
and there are no negative issues that shake people's confidence or many people's intentions when it comes to investing.
That's impossible. Even If Bitcoin in general is performing very well, FUDsters are always around the corner waiting for perfect timing to make a bad news that will potentially pull the price down. However, that's the normal market cycle of how volatile crypto assets are with or without FUDs. There are always a season for selling and buying even without the FUD.
The month of October has indeed opened with a good run after the China FUD. I'm kinda surprised It hasn't stayed for a few more weeks.
Hopefully that's the case, and there are no negative issues that shake people's confidence or many people's intentions when it comes to investing. The price movement does look like it's entering a higher direction again, we'll see if it really continues to touch higher.
Although it is not certain yet ahead, in my speculation.. the market will look better than before, many people will definitely start re-entering their investments, or making new investments.
Although it is not certain yet ahead, in my speculation.. the market will look better than before, many people will definitely start re-entering their investments, or making new investments.
We already see the bitcoin price increased at the beginning of this month and hopefully, that will not stop at the current price now but still increase more.
The positive and negative news will always happen to the market and as long as we can stay calm and not panic, we will be able to use that moment for our benefit.
No need to think much about what the whale did because if you can follow where the whales go, you can expect to make a profit too.
Bitcoin itself will be up and down many times but somehow, the news sometimes affects the price but that will not always affect it.
Momentum of bitcoin will always be something that is dangerous to play with, obviously it is not as easy as just following it because sometimes people take a miss step and go on the other direction or way too late to follow the momentum but it is still the best way to trade if you are a trader. It may take a while to master it, but eventually everyone would get better at it as long as they are patient enough to keep on grinding and getting better.The positive and negative news will always happen to the market and as long as we can stay calm and not panic, we will be able to use that moment for our benefit.
No need to think much about what the whale did because if you can follow where the whales go, you can expect to make a profit too.
Bitcoin itself will be up and down many times but somehow, the news sometimes affects the price but that will not always affect it.
So, the best thing you could do right now would be to learn how to follow the trading trends and then making decisions based on those type of movements. Not like it would be profitable at all times, even on greatest periods there are times when we all lose money, we are humans after all and do make mistakes, it is bound to happen.
The more people trade, the more experience they will get from trading, which can help them improve their analysis and skills and make them master it.
Learning trading will not stop, even if you become a pro because we know that the crypto market will always change from time to time, so by learning more, we can follow the trading trends and have a chance to make a profit.
Losing the money will be part of our lessons to learning trading and that is worth it if we can know how to prevent the loss so that it will not happen in the next trade.
That's probably the case, hopefully it does give pretty good color in October to the end of a good year.
Although we can't be careless and seem to feel safe. Because Fud who came also became a benchmark for lowering the price of Bitcoin. Currently the price increase is somehow caused by bad news or what? I haven't explored it further.
Although we can't be careless and seem to feel safe. Because Fud who came also became a benchmark for lowering the price of Bitcoin. Currently the price increase is somehow caused by bad news or what? I haven't explored it further.
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.
actually many people expecting a good bounce in bitcoin on this month of october because of some sign that keep bitcoin looks very interesting despite of the situation of the market after the take over of bear. and in fact many analyst saying that the bear market will not last during the downtrend, so probably that's what happening right now wherein the market is in bullish mode again. And mostly were good news. However, i don't want to look into the negative side, but rather focus on the positive one. Bitcoin has been very profitable even when the year has just started and hopefully this will also end the same way. The adoption of bitcoin has been increasing gradually and maybe we can expect that at by the end of the year, another country or nation will adopt bitcoin and eventually will use it as a legal tender. The market may still be uncertain in the next days, ups are downs of prices are to be expected, but at the end of the day i know bitcoin will definitely be in good shape again.
A day before the price goes up an article about Elon Musk suggesting the government do nothing to crypto which I think had been granted which made the price going to the moon. It's really revealing to the people right now that they are looking for an investment that could hedge against inflation and preserve their wealth.
But will this bull recovery end after December?
Even that is now not a ban in a United States country this will certainly lead to a good impact where investors believe more in cryptocurrencies as the currency they have to invest in, I see several countries are watching cryptocurrencies, this will even make implementation possible will be validated from time to time.But will this bull recovery end after December?
But every time there is positive new news then it can be a bullrun and this happened at the beginning of October which was a good month, but I believe in December there will definitely be a new surprise where we will determine whether this will stabilize or be more severe.
A day before the price goes up an article about Elon Musk suggesting the government do nothing to crypto which I think had been granted which made the price going to the moon. It's really revealing to the people right now that they are looking for an investment that could hedge against inflation and preserve their wealth.
But will this bull recovery end after December?
Generally the Q4 for crypto is very bullish. And this is what everybody is hoping for. Similar to how everybody in 2018 was assuming Q4 would be bullish and would push us away from $6K and into a new ATH of $20K and instead the opposite happened.
Its hard to say this will happen. What is different now from 2018 is that back in 2018 if I recall the funding rate is neutral or a little positive, right now its the opposite. Its either neutral or little negative. Which means in 2018 people were leveraged long and now people are leveraged short a little. Usually when this happens the complete opposite is in store for the bear. However I really think that we might get a 2013 repeat where we peaked in April and then peaked again in November. However I am unsure if we can breach $100K. Maybe top will be like $80K or something similar.
Its hard to say this will happen. What is different now from 2018 is that back in 2018 if I recall the funding rate is neutral or a little positive, right now its the opposite. Its either neutral or little negative. Which means in 2018 people were leveraged long and now people are leveraged short a little. Usually when this happens the complete opposite is in store for the bear. However I really think that we might get a 2013 repeat where we peaked in April and then peaked again in November. However I am unsure if we can breach $100K. Maybe top will be like $80K or something similar.
Yes historically following a halving Q4 the following year is bull territory, most will
be familiar with the 2017 run from around $4000 in early October to $20,000 in mid
December.
Planb tweeted today that he forsees the bull tun to continue for the next 6 months,
this leaves me feeling very bullish for this querter at least.
https://twitter.com/100trillionUSD/status/1444228421228417024?s=20
Quote
On-chain analyses finished tonight: IMO we are midway, no sign of weakness (red) yet.
Note color overlay is not months to halving but an on-chain signal. My guess: this 2nd leg of
the bull market will have at least 6 more months to go.
Note color overlay is not months to halving but an on-chain signal. My guess: this 2nd leg of
the bull market will have at least 6 more months to go.
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.
when you say full return of Bullrun this is something Hard to expect since the run is just peanut comparing to the losses for couple of months now.Yes there are some pump when October starts but don't you think this is another Trap from the whales?
i mean they are fooling people again to believe that start of last quarter is worth investing but then will full the price down ?
And whenever I have to invest, it's actually never too late regardless of being fooled by whales or other types of manipulation, so I think it's a natural thing, later it will be pumped again. I will remain optimistic about where a lot of people say about the decline, so I invest for the long term.
October will be full of hope.
We already see the bitcoin price increased at the beginning of this month and hopefully, that will not stop at the current price now but still increase more.
The positive and negative news will always happen to the market and as long as we can stay calm and not panic, we will be able to use that moment for our benefit.
No need to think much about what the whale did because if you can follow where the whales go, you can expect to make a profit too.
Bitcoin itself will be up and down many times but somehow, the news sometimes affects the price but that will not always affect it.
Momentum of bitcoin will always be something that is dangerous to play with, obviously it is not as easy as just following it because sometimes people take a miss step and go on the other direction or way too late to follow the momentum but it is still the best way to trade if you are a trader. It may take a while to master it, but eventually everyone would get better at it as long as they are patient enough to keep on grinding and getting better.The positive and negative news will always happen to the market and as long as we can stay calm and not panic, we will be able to use that moment for our benefit.
No need to think much about what the whale did because if you can follow where the whales go, you can expect to make a profit too.
Bitcoin itself will be up and down many times but somehow, the news sometimes affects the price but that will not always affect it.
So, the best thing you could do right now would be to learn how to follow the trading trends and then making decisions based on those type of movements. Not like it would be profitable at all times, even on greatest periods there are times when we all lose money, we are humans after all and do make mistakes, it is bound to happen.
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.
actually many people expecting a good bounce in bitcoin on this month of october because of some sign that keep bitcoin looks very interesting despite of the situation of the market after the take over of bear. and in fact many analyst saying that the bear market will not last during the downtrend, so probably that's what happening right now wherein the market is in bullish mode again. And mostly were good news. 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.
actually many people expecting a good bounce in bitcoin on this month of october because of some sign that keep bitcoin looks very interesting despite of the situation of the market after the take over of bear. and in fact many analyst saying that the bear market will not last during the downtrend, so probably that's what happening right now wherein the market is in bullish mode again. And mostly were good news.
It's just the start. Let's hope it can maintain a good and slow bull until December where most likely a dump will happen again for the need of money/fiat.
I think many speculators have come up with the same analysis for quarter 4.
Most likely using history basis and the fact that it was dumped for a big amount after we reached the ATH a few months ago.
What comes up must go down and vice versa is the behavior of Bitcoin since old times.
I think many speculators have come up with the same analysis for quarter 4.
Most likely using history basis and the fact that it was dumped for a big amount after we reached the ATH a few months ago.
What comes up must go down and vice versa is the behavior of Bitcoin since old times.
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.
when you say full return of Bullrun this is something Hard to expect since the run is just peanut comparing to the losses for couple of months now.Yes there are some pump when October starts but don't you think this is another Trap from the whales?
i mean they are fooling people again to believe that start of last quarter is worth investing but then will full the price down ?
For October, one of the things that we are waiting for to happen is the "Golden Cross". If there is someone who doesn't know what it means, I can explain it in short like this: Golden Cross is a pattern actually. We have short-term and long-term average prices. When the short-term average comes across the long-term average and gets past it, the incident we call as Golden Cross happens. And when it happens, we are very likely to see a big rally in the price of Bitcoin and actually the coins in the market in general also as Bitcoin's movements will effect them. Or maybe we will be able to see a bigger thing than a rally, I mean a bull run. So, I'm keeping my hopes up about this month.
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.
Usually the times of the ending of the year is highly volatile so we should expect that the prices may rise. The rates of investors usually also increase because some want to make quick money out of the season and that will push price. The new week of the third quarter began with a sign of bull , trading now is high and new records might be set.
Isn't it lovely to see a 10% pump in the last 24 hours? 
.
Timing is perfect as I need to sell some because I needed to buy something. In any case, I do hope that this is the start of a big bull run before the end of the year. There could be a lot of good and positive news. Next month will be the FOMO, specially the Taproot proposal going live or implement. So let's see if the S2F model are going to happen this year, 6 digits or $100k for the first time will be the biggest achievement for us in the last 10 years or so.
.Timing is perfect as I need to sell some because I needed to buy something. In any case, I do hope that this is the start of a big bull run before the end of the year. There could be a lot of good and positive news. Next month will be the FOMO, specially the Taproot proposal going live or implement. So let's see if the S2F model are going to happen this year, 6 digits or $100k for the first time will be the biggest achievement for us in the last 10 years or so.
We don't know that yet since there's a lot of negative news regarding bitcoin and little to no good news to affect the movement of the market, hopefully we can see bitcoin being able to make some bullish move this month but I don't have to worry too much about it.
Sometimes I don’t believe the news that is spreading around that is responsible for Bitcoin price movement at any point in time, bitcoin has gone above the stage where just any news affects its price I think the traders and whales are responsible for whatever price action we see in the market.Yeah, but the news that we are reading regardless of positive is negative is one the move the price with the help of the whales. Bitcoin is a speculative asset and any news going out the public are affecting the sentiments of the investors newbies or experience a like.
So as much as we hate it, there is still has an impact on the price. Of course, dent could be short or long term, but still we can't discount the fact that everyone is riding on the news, thus FOMO'ism.
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