Topic: September didn't follow its bear cycle (Read 709 times)
When you check the chart of bitcoin you will understand and know that since September 2023 their is no sign that the price of bitcoin is moving fucking high, so I believe that the price of bitcoin is something that have been appreciating started from the beginning of the September, so bitcoin will regain its bullrun again in the 2024 so therefore all the information of bitcoin I'm seeing now all are not real concerning bitcoin market.
But this time was different:
this simply implies that market is not like what many says about following the trend or having History repeating itself as this
shows what we are expecting may bring different outcome like this Year and was so different and what more this November
and December that I know there are so much to come , may be fun or maybe cry.
But whatever it is , we all must be ready and aware if sideways happened then let it keep your hold but if te constant increase
then best to Sell for a while (to those not willing to HODL of course)
There is something that has pushed the price to rise below $26,000. No one knows what it is and it may appear as purchases in the records of one of the companies when this quarter’s report is issued. But in any case, a 4% rise does not mean that we will witness an upward wave for this month, as we may remain below 30k most likely as there is not enough momentum for this historical resistance level, but before the end of the year we will be between 30k to 40k.
It seems like what you said might not happen, but this is actually a good signal for the market in the future, even though I'm not completely sure that the market will continue to rise. because the halving is still a long time away, and usually experiences a final decline before rising again.
the one thing that I know for sure is that, considering altcoin rise this recent months, im kinda positive that altcoin will also come and probably will happen at the same time when bitcoin is rising.
that'd be great scenario if truly occurs.
It's hard to say what will happen next, although the market is growing quite well even as news about CZ is spreading in the market. But we should not be subjective that the market will not decrease anymore. Fomo and optimism people are not enough to maintain the bullish momentum of bitcoin because we are not the ones who decide the trend of bitcoin. Market makers, large institutions... are the ones who decide how bitcoin will move. Don't let the excitement kill us, be alert every time the market goes up while the halving has not yet happened.
Regarding the market situation, I think that once bitcoin goes sideways and ETH surges, we will have an altcoin season.
Not sure though, all road to Bitcoin in my opinion, so every altcoin is going to be affected, but I don't think that if Bitcoin goes down, investors are all automatically going to Altcoin or even Ethereum, it's more to that. Bitcoin is still going to be the one who's going to dictate the market, as obviously every altcoin is being paired to BTC/altcoin.
I will agree that large institutions could be the market maker, but don't underestimate the average joe or retail investors like the majority of us. I think we are the one who is going to move the market into the bull run, not those large institutions as they could have set their stash already and waiting for the block halving and eventual bull run and see how they are going to profits.
There is something that has pushed the price to rise below $26,000. No one knows what it is and it may appear as purchases in the records of one of the companies when this quarter’s report is issued. But in any case, a 4% rise does not mean that we will witness an upward wave for this month, as we may remain below 30k most likely as there is not enough momentum for this historical resistance level, but before the end of the year we will be between 30k to 40k.
It seems like what you said might not happen, but this is actually a good signal for the market in the future, even though I'm not completely sure that the market will continue to rise. because the halving is still a long time away, and usually experiences a final decline before rising again.
the one thing that I know for sure is that, considering altcoin rise this recent months, im kinda positive that altcoin will also come and probably will happen at the same time when bitcoin is rising.
that'd be great scenario if truly occurs.
It's hard to say what will happen next, although the market is growing quite well even as news about CZ is spreading in the market. But we should not be subjective that the market will not decrease anymore. Fomo and optimism people are not enough to maintain the bullish momentum of bitcoin because we are not the ones who decide the trend of bitcoin. Market makers, large institutions... are the ones who decide how bitcoin will move. Don't let the excitement kill us, be alert every time the market goes up while the halving has not yet happened.
Regarding the market situation, I think that once bitcoin goes sideways and ETH surges, we will have an altcoin season.
would be able to know on whats happening in the market on which there are really factors on which it could really be able to affect it out on what are the outcomes or results of it.
This is why people/investors/traders would really be always having that kind of speculative approach from time to time.
Following into its bear cycle? There's no way for us to make out some conclusive approach because every month of the year would really be never ever be the same on which means that
you couldnt really be able to tell on whats going on the market on a specific month. Its neither it would be following or not, then its not really that shocking if you do ask me.
People do really love on being that conclusive when it comes to this on which they do really believe that there would really be some sort of pattern.
Thing here is that we do really know on what we must do and on how we should act because if we dont then for sure it would really be
that creating those bad decisions when it comes to investment.
Price increases and corrections are two things that happen very often in the market under any conditions, so it is quite natural that you and some other people are not sure that the market will continue to rise at the end of this year. In the past two days alone, there has been a gradual Bitcoin price correction, so it cannot be denied that the price correction is still there and can happen at any time, at any moment. However, further increases will also be possible in Bitcoin after the end of the year, so be patient to see a better market.
Price increase and correction will occur because it is not yet higher worth that actually happens due to halving so we will see more elevation in price. Bitcoin price will hit the value of 40k$ to 42k$ this year so it indicates that halving will shows us a continous growth in the value of bitcoin which is the desire of everyone.
Cryptocurrency market is not straightforward so accuracy of prediction is not possible always but the price once goes higher because of bitcoin then bitcoin will become most acceptable currency throughout the world. As bitcoin always aid in the financial correction of holders so in coming halving the condition will also be same and majority will attain their dreamed profit.
There is something that has pushed the price to rise below $26,000. No one knows what it is and it may appear as purchases in the records of one of the companies when this quarter’s report is issued. But in any case, a 4% rise does not mean that we will witness an upward wave for this month, as we may remain below 30k most likely as there is not enough momentum for this historical resistance level, but before the end of the year we will be between 30k to 40k.
It seems like what you said might not happen, but this is actually a good signal for the market in the future, even though I'm not completely sure that the market will continue to rise. because the halving is still a long time away, and usually experiences a final decline before rising again.
the one thing that I know for sure is that, considering altcoin rise this recent months, im kinda positive that altcoin will also come and probably will happen at the same time when bitcoin is rising.
that'd be great scenario if truly occurs.
It's hard to say what will happen next, although the market is growing quite well even as news about CZ is spreading in the market. But we should not be subjective that the market will not decrease anymore. Fomo and optimism people are not enough to maintain the bullish momentum of bitcoin because we are not the ones who decide the trend of bitcoin. Market makers, large institutions... are the ones who decide how bitcoin will move. Don't let the excitement kill us, be alert every time the market goes up while the halving has not yet happened.
Regarding the market situation, I think that once bitcoin goes sideways and ETH surges, we will have an altcoin season.
There is something that has pushed the price to rise below $26,000. No one knows what it is and it may appear as purchases in the records of one of the companies when this quarter’s report is issued. But in any case, a 4% rise does not mean that we will witness an upward wave for this month, as we may remain below 30k most likely as there is not enough momentum for this historical resistance level, but before the end of the year we will be between 30k to 40k.
It seems like what you said might not happen, but this is actually a good signal for the market in the future, even though I'm not completely sure that the market will continue to rise. because the halving is still a long time away, and usually experiences a final decline before rising again.
the one thing that I know for sure is that, considering altcoin rise this recent months, im kinda positive that altcoin will also come and probably will happen at the same time when bitcoin is rising.
that'd be great scenario if truly occurs.
Every month is a different story for me , because we don't know what the plans of the investors, of the traders, will be, but those who move the market are those who have the most money, like the institutional investors, the big millionaires, they can control the market only at a time, not always, because I have seen in some youtubers that it takes a lot of money to make an upward movement and it is not that big, it is a movement of a minimum amount, sometimes it is not even seen in the market it is just a little Enhancement, but this is all you should see, one month? December ? can it go up ? Yes, because the current is mentioned, whether to buy bitcoin or buy in bitcoin it can be.
ETFs and Halvings are two factors that will drive a lot of demand, so they should be good benchmarks for making analysis. I think it's time for big investors to get in and buy as much as they can, even though the ETF is still on hold. There is no better time than now than to wait for a deeper decline, which is increasingly unlikely at a time like this.
Buy with DCA and Hold, that would be the best advice if they are still unsure about the market. About today, bitcoin has crossed $37k again. The realization of a breakout of $38k has not yet been achieved as I write this, but $38k is getting closer and may be reached in the near future.
DCA and HOLD are the strategies that I continue to do at the moment. Collect as many Bitcoins as possible by doing DCA.Buy with DCA and Hold, that would be the best advice if they are still unsure about the market. About today, bitcoin has crossed $37k again. The realization of a breakout of $38k has not yet been achieved as I write this, but $38k is getting closer and may be reached in the near future.
I have prepared money for this strategy and it is for the long term. Bitcoin is now still above the price of $37000 and it is still holding and is likely to break $38000 again. if this continues and the market trend still improves, Bitcoin could reach $40k before the end of this year.
It seems like what you said might not happen, but this is actually a good signal for the market in the future, even though I'm not completely sure that the market will continue to rise. because the halving is still a long time away, and usually experiences a final decline before rising again.
Price increases and corrections are two things that happen very often in the market under any conditions, so it is quite natural that you and some other people are not sure that the market will continue to rise at the end of this year. In the past two days alone, there has been a gradual Bitcoin price correction, so it cannot be denied that the price correction is still there and can happen at any time, at any moment. However, further increases will also be possible in Bitcoin after the end of the year, so be patient to see a better market. 
Going back a full month, in late August or early September, many people on several site and on the cryptocurrency Twitter were suddenly very vocal in saying that September was bound to be bearish for Bitcoin because the previous two had seen significant dips and because September is simply historically one of the worst performing months for cryptocurrency.
But this time was different:
Proving that History isn't repeat itself ..But this time was different:
September seems to be bearish from many years same us October to be bullish most of the years but what happened this year? October made its way up to treat market bullying .
The Graph shows how credible market to make different moves and also different action for their supporters expectations .
History doesn’t always repeat but it often rhymes. We can’t base our trading or investment plans on what happened in the past. Obviously we can use indicators & various charts to base an opinion but there are many factors to consider. We should be heading into a bullish period for a couple of years now so bear that in mind.
same with what I see here (and yes also happened in the past) that History sometimes comes back but mostly? it isnt !! so let market do its homework and show us what it can bring from this Month and till December . ETFs and Halvings are two factors that will drive a lot of demand, so they should be good benchmarks for making analysis. I think it's time for big investors to get in and buy as much as they can, even though the ETF is still on hold. There is no better time than now than to wait for a deeper decline, which is increasingly unlikely at a time like this.
Buy with DCA and Hold, that would be the best advice if they are still unsure about the market. About today, bitcoin has crossed $37k again. The realization of a breakout of $38k has not yet been achieved as I write this, but $38k is getting closer and may be reached in the near future.
DCA and HOLD are the strategies that I continue to do at the moment. Collect as many Bitcoins as possible by doing DCA.Buy with DCA and Hold, that would be the best advice if they are still unsure about the market. About today, bitcoin has crossed $37k again. The realization of a breakout of $38k has not yet been achieved as I write this, but $38k is getting closer and may be reached in the near future.
I have prepared money for this strategy and it is for the long term. Bitcoin is now still above the price of $37000 and it is still holding and is likely to break $38000 again. if this continues and the market trend still improves, Bitcoin could reach $40k before the end of this year.
While history can never be exactly the same, it does frequently rhyme, therefore this does not mean that we should dismiss it entirely. The past, present, and future must all be balanced, and we must pay attention to both the past and the present as well as the future.
Based on a very long time experience of trading, I've heard a lot of bullshits about it and my advice to any trader who cares to take it is that they should stop listening to myths in the market. Myths can only be responsible for such an expectation as the market is dynamic, it will never continue to follow an exact pattern in the name of some history or a particular month's cycle. Bitcoin in particular, it's still very young, which is what is deceiving so many people. Bitcoin has not lived to celebrate its silver jubilee (25 years) yet, let alone its golden jubilee (50 years). It is until it achieves all these and even more that certain conditions/characteristics would be ascertained of it, and this is when people would know that most of their assumptions about the coin are just nonsense.There is no exception in the financial market, markets don't follow historical patterns over and over again, and Bitcoin can't be an exception to this. It was still better when the whales and a few sectional people were controlling the market and had a strong say over it where all that they hinted on social media was what the coin would do. No, that was then, Bitcoin has now been inculcated into the mainstream of the financial market and the implication is that it would rather follow better the right market dynamics without some sectional people manipulating it and forcing it to form some kind of cycle and pattern.
Personally, I am not surprised as things unfold this time, and I've seen a lot that preached how Bitcoin would behave before halving simply because it happened in the past, but what we are seeing is so much different from what had happened in the past. This is an asset, and a lot of factors could drive the price of the asset up or down, we should not always believe that one particular theory must always be obeyed. If it's so, then the neutrality and dynamism of the market would be deprived.
Going back a full month, in late August or early September, many people on several site and on the cryptocurrency Twitter were suddenly very vocal in saying that September was bound to be bearish for Bitcoin because the previous two had seen significant dips and because September is simply historically one of the worst performing months for cryptocurrency.
But this time was different:
--
Here, we can see that despite the lack of significant bullish news, with the possible exception of the release of the Ethereum ETFs, September did close a full +3.9% higher than August. Even so, with such low levels of liquidity as they are at the moment, we don't need much news to impact prices.
In any case, this is yet another example of how previous performance is not a guarantee of future performance. While I personally believe that the past will always and forever be a part of the future, many people simply have a tendency to anticipate the future and base their financial decisions on the past, which I believe to be reckless and nothing more than gambling.
While history can never be exactly the same, it does frequently rhyme, therefore this does not mean that we should dismiss it entirely. The past, present, and future must all be balanced, and we must pay attention to both the past and the present as well as the future.
This happened in the past doesnt automatically means that they would really be happening in the future and this is something that we should be putting up into our minds. There's no way that there would be But this time was different:
--
Here, we can see that despite the lack of significant bullish news, with the possible exception of the release of the Ethereum ETFs, September did close a full +3.9% higher than August. Even so, with such low levels of liquidity as they are at the moment, we don't need much news to impact prices.
In any case, this is yet another example of how previous performance is not a guarantee of future performance. While I personally believe that the past will always and forever be a part of the future, many people simply have a tendency to anticipate the future and base their financial decisions on the past, which I believe to be reckless and nothing more than gambling.
While history can never be exactly the same, it does frequently rhyme, therefore this does not mean that we should dismiss it entirely. The past, present, and future must all be balanced, and we must pay attention to both the past and the present as well as the future.
assurances that it could really happen again and this is why we should really be wise on making some back up plans whenever it would be showing up on different path.
As a trader or investor then you should always be having those Plan B's or back up plans literally because its not always been the same and it is really just that right that you should
really be versatile as possible. If you wont really be that making yourself on having those wise decisions or plans then you wont really be able to survive this market.
I am not much of a bitcoin analyst, but I don't think there are patterns that have to be repeated, I think bitcoin goes up because other things happen , let us know that they are controlled by other types of movements, and among them they may be what are close. If it is with wars, with very strong world events, this is so that they change the meaning of bitcoin downwards or upwards, but if what was fulfilled last year is not fulfilled, it is not bad, it is what is being generated so far , for that reason we should not trust too much in the patterns, which are sometimes very Accurate , but these current events are very different from those of last year.
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That will be a fundamental force that will continue to drive Bitcoin prices higher. and yes a delay will only make the hype stronger than before and this has been proven by the fake news spread by many media about ETFs. It's not without reason why it's getting stronger, because Bitcoin is approaching the 4th Halving which makes everything better until that moment comes.ETFs and Halvings are two factors that will drive a lot of demand, so they should be good benchmarks for making analysis. I think it's time for big investors to get in and buy as much as they can, even though the ETF is still on hold. There is no better time than now than to wait for a deeper decline, which is increasingly unlikely at a time like this.
Buy with DCA and Hold, that would be the best advice if they are still unsure about the market. About today, bitcoin has crossed $37k again. The realization of a breakout of $38k has not yet been achieved as I write this, but $38k is getting closer and may be reached in the near future.
The fundamentals are heavy these days. A bullish reading on various charts will be definitely backed by the actual situation of the Bitcoin market right now. Although delays on Bitcoin spot ETF applications were decided by the SEC just like it recently delayed the approval of Franklin Templeton's application, this has actually made the hype even stronger. The more they delay the decision, the more the number of application grows, the more the demand of a spot ETF seems to grow even stronger. And then there is also the halving which will happen in April next year.
That will be a fundamental force that will continue to drive Bitcoin prices higher. and yes a delay will only make the hype stronger than before and this has been proven by the fake news spread by many media about ETFs. It's not without reason why it's getting stronger, because Bitcoin is approaching the 4th Halving which makes everything better until that moment comes. 
There is something that has pushed the price to rise below $26,000. No one knows what it is and it may appear as purchases in the records of one of the companies when this quarter’s report is issued. But in any case, a 4% rise does not mean that we will witness an upward wave for this month, as we may remain below 30k most likely as there is not enough momentum for this historical resistance level, but before the end of the year we will be between 30k to 40k.
It seems like what you said might not happen, but this is actually a good signal for the market in the future, even though I'm not completely sure that the market will continue to rise. because the halving is still a long time away, and usually experiences a final decline before rising again.
I personally think dip/crash around halving will be the case but every cycle has different exceptions. Just that, between no more crash to rally from here on, too good to be true is less likely than, pain first, before joy.
I feel like the unexpected is the expected in the crypto world, we do not know what's going to happen and that makes everything expected. The price goes down? That's normal, price goes up? That's normal too.It's more true than people believe. You know when you should buy and believe? When everyone has a bad prediction.
When should you sell? When the ads come back and Bitboy is promoting the next big thing.
Cycles didn't follow in September most likely because everyone was saying it would
because its been that recommended or really that in the main talks without even trying to think that changes and sudden alterations could really happen when BR hits.
There's no such thing about assurance because if things turns out to be that different when time come and this is why it would really be just that normal that there would really be
changes that along the way could happen. So expect the unexpected because it would really be always on that way. You wont really be that making yourself that so sure
for things to happen in the future.
This is why as much as possible it would really be that better that you should really be diversifying your investment as much as possible because if you do only focus
on a single point but it ends on having no major movement on bull run cycle then you had just missed out that other opportunity to make profit. This isnt
really just that talking about Bitcoin but also in other options as well like altcoins.
Once again the price hit higher, and that is the proof that we are on the right path. I get that sometimes people fear, and there is a FUD in the market, but we are once again above 36k and that should be clear indication that we are doing fine. September was the first month where we did alright, I mean it looked promising, but October was the real king, the price went high like crazy during October, I am very happy with that and I think that was the start of a much bigger bull run.
People are looking at the price like "will it go more", and I keep laughing because I think this is nothing, this is just the start and the price will go up like crazy after this. We need to realize that it takes nearly 2 years to peak, and we are at the start of that right now but we need a lot more time to grow and be better. I hope that people could realize that, because if they do not act quickly, they are going to end up losing a lot of money and time on this for sure.
People are looking at the price like "will it go more", and I keep laughing because I think this is nothing, this is just the start and the price will go up like crazy after this. We need to realize that it takes nearly 2 years to peak, and we are at the start of that right now but we need a lot more time to grow and be better. I hope that people could realize that, because if they do not act quickly, they are going to end up losing a lot of money and time on this for sure.
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