Will October be the start of the green months to bull run peak? - page 5.

ethereumhunter

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Quote from: wahyuagung26 on September 02, 2024, 04:26:17 AM

As an investor who has high hopes in Bitcoin's prediction for an increase in price in October, everyone wants a greening in the form of a bull this month, it can be seen that so far the value of Bitcoin is influenced by demand or adoption by companies that adopt Bitcoin, considering that Bitcoin always has a fluctuating nature where the price/value will always vary at any time.

Yes, many investors hope an increase in price in October but they don't know for sure so they can only prepare for that moment comes. In this early October, the price seems wants to increase after the correction in this few days but we don't know what will happen. I tried to place an open trade for the rising of Bitcoin price but if the market is change, maybe I will close the trade. So if the situation in this month will be better than in the last month, maybe we will see a reversal from the market and that can trigger the price increase especially if more good news comes. We can hope that the bull will start slowly and reach the new ATH in the next year.

Quote from: wahyuagung26 on September 02, 2024, 04:26:17 AM

Agreed, when the delay still occurs, it provides a wide opportunity for Investors to continue to pocket their Bitcoins, Investors can do DCA at any time they want, especially when the price is still in a declining or stable condition for some time, this can be an opportunity to continue buying or holding on for some time to come.

Therefore, we must use this time to accumulate more Bitcoin so we will have more Bitcoin so we will have much opportunity to make a big profit in the next bull run. We will use DCA to buy Bitcoin while we can so we must continue what we did. The correction will still happen so we have many times to buy more Bitcoin so we can allocates some money that we can to but Bitcoin.

TravelMug

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Quote from: STT on September 02, 2024, 06:49:33 PM

Past the 2 day average right now, could be a time to buy as we rise from a major Fibonacci level .

We had some spike though, 2.x% in the last 24 hours. So I think it's good enough sign for the market to recover this month. Everyone is expecting that at some point, the market will go a run and this could be this month.

So many surprises in this current cycle, we have been months after the halving and so far no major movement. But what's interesting is that once there is a movement, it is hard to stop and so we should still be in for many surprises till the end of the year and maybe we could get into a new highs of $80k and up.

FinneysTrueVision

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Bitcoin has been trading within a certain range for a while now. The volatility has been increasing in recent weeks so it may be that a big move is imminent. Anytime the price gets too low, ETFs and whales will buy up all the coins and we see the price rebound. The demand is there, but accounting for how cheap Bitcoin was at the beginning of this year, there are also going to be many people looking to take profits during a pump.

The price can go sideways and even lower for a while longer, but I don’t think September is guaranteed to be a negative month. We have seen a departure in historical trends more recently such as the all time high being reached in the weeks before the halving.

If we break the trend of lower prices in September, that would give me confidence that we can reach a new all time high before the end of the year.

STT

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Past the 2 day average right now, could be a time to buy as we rise from a major Fibonacci level. Stop loss level would be about 58k as a further lower low is possible on inter mediate time frames. We remain in a range bound market overall but also there is a threat of a decline to that motion occurring not just a simple repeat as mostly has been true over the last months.

Nothingtodo

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There has been a lot of volatility in the Bitcoin market for quite some time, especially since Bitcoin has been below $60,000 for a few months. I think Bitcoin will go higher this September and October and there is a possibility of a market correction. However, the Bitcoin market has gained 3.3% in the last 24 hours.

Mpamaegbu

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Quote from: tranthidung on August 29, 2024, 09:00:43 AM

No one can say sure things about future. We only can base on evidence, history and speculate what will happen if history repeats itself.

And history does repeat itself most times, given a wide range of options and spread of time. I'm bearish on Bitcoin this month. My bias stems from historical data of what Bitcoin has predominantly done in September. For those who like to DCA, they can take a dive and watch Price Action for their entries on higher timeframe. We need just one negative news to drive it down.

bitgolden

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Quote from: wahyuagung26 on September 02, 2024, 04:26:17 AM

As an investor who has high hopes in Bitcoin's prediction for an increase in price in October, everyone wants a greening in the form of a bull this month, it can be seen that so far the value of Bitcoin is influenced by demand or adoption by companies that adopt Bitcoin, considering that Bitcoin always has a fluctuating nature where the price/value will always vary at any time.

That volatility may drop over time and that is one thing that I am very interested about the future. A lot of people are forgetting that we were small in bitcoin and still not that huge just yet, and there are not that many regulations about buying or selling it neither, which means that the volatility is still here.

However, we need to remember that it will go higher and higher, maybe one day pass gold too, and when it is 10+ trillion dollar market cap just for bitcoin, do you really think that people will have time to make a 20% in a single day? It will not happen and we know that it will not happen, which is why it is not a big deal at all.

I personally believe that we just need to make sure that we are dealing with normal people here, and not wild crazy investors, aside from few big crisis days, we will see normal people react normally and since it will be huge in the future, the volatility will not be much, not as much as now at least. The more those corporates adopt, the more we buy, the price will keep on going higher, and the higher it goes, the less volatility will happen and the price will definitely be more hopeful then, because everyone will definitely have a good reason to keep holding.

wahyuagung26

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Quote from: ethereumhunter on September 01, 2024, 05:17:24 AM

I wish that can happen in October but we really don't know for sure about that even all people will not have the right answer. Bitcoin can moves to anywhere and that can not always happen in October. Even if that will happen in October, we still don't know what date the bull run will comes. If you want to make a big profit from Bitcoin, you must prepare by accumulating more Bitcoin before the bull run comes so you can sell at the high price especially if the bull run really comes in October.

As an investor who has high hopes in Bitcoin's prediction for an increase in price in October, everyone wants a greening in the form of a bull this month, it can be seen that so far the value of Bitcoin is influenced by demand or adoption by companies that adopt Bitcoin, considering that Bitcoin always has a fluctuating nature where the price/value will always vary at any time.

Quote from: ethereumhunter on September 01, 2024, 05:17:24 AM

But if the bull run delay the coming and will happen in the next year, you still have more time to accumulates more Bitcoin. You need to use this time to saving more and more Bitcoin because the next bull run can makes Bitcoin price jump to the high price that we can not imagine.

Agreed, when the delay still occurs, it provides a wide opportunity for Investors to continue to pocket their Bitcoins, Investors can do DCA at any time they want, especially when the price is still in a declining or stable condition for some time, this can be an opportunity to continue buying or holding on for some time to come.

bestcoins1

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Quote from: Cryptohygenic on September 02, 2024, 12:25:49 AM

Very funny of me to say that I don't participate in price prediction because it makes no difference in the market.
I am just sentimental that I want a Dip market when I have some fund to buy more bitcoin and then as I accumulate interesting values, I am obliged in anticipating for a pump riding onto the bull run as much in the nearest. I am not of panic as much because I am holding for a long term.

If you're not too panic about the current conditions, of course there won't be any problems that you have to think about except what you want when you want to buy again which will then also hope the market improves when you want to sell it again when the price increases in the market. Currently Bitcoin is still stagnant at $58K which means it is still below $60K so anyone can make plans to buy again as long as there are unused funds and enough for several purchases with a decent amount.

Cryptohygenic

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Quote from: JamesDaniel90 on August 29, 2024, 07:12:24 AM

Hi ,

If you look at the link below and scroll down to the chart showing monthly history for Bitcoin you can see September is one of the worst months but October one of the best.

If you look at the last cycle from October 2020 to March 2021 , Bitcoin had 6 consecutive green months going into the bull run peak.

Can we expect this again ?

This is my first bull run and I think September will be pretty similar to August, very up and down. But once October comes things should start getting better again and I expect us to have a good Q4 and Q1 of 2025.

https://www.coinglass.com/today

Very funny of me to say that I don't participate in price prediction because it makes no difference in the market.
I am just sentimental that I want a Dip market when I have some fund to buy more bitcoin and then as I accumulate interesting values, I am obliged in anticipating for a pump riding onto the bull run as much in the nearest. I am not of panic as much because I am holding for a long term.

adaseb

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I think the volatility will return in either October or November. November we got the election and it will become very volatile, same with the stock market. As we get closer and closer to the election, whatever the election odds are for Trump it will favor Crypto.

If Harris is going to be in the lead then the opposite will happen. Then if Trump doesnt win the election, then it will be bearish for crypto as a whole because there will be a crackdown like before with the democratic party. So the action will most likely start sometimes in October or November. Nobody knows if it will be bullish or bearish but we wont be stuck in this $60K range anymore hopefully.

JeffBrad12

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if september is truly rektember then october will likely become bulltober Grin

. why? because cryptocurrencies will be highly oversold if september really all red.

there is this myth going on that september might be a really bad month for bitcoin because historically speaking the month is red most of the time around 7 out of 10 within the decade, but I see this as no more than self-fulfilling prophecy, if any the chance of BTC rising up is higher since the market has been known to usually go against the market psychology.

just in case if you see a really bad correction in september, just be ready to buy the dip and prepare for october, that's when you gonna get good profit but be careful because there's possibility that we might go back to bearish phase again Grin

.

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Quote from: Mr.right85 on September 01, 2024, 05:29:52 AM

It’s normal to be optimistic about every new month to be the month that, Bitcoin would experience a lot of bullish move. Especially with the halving haven’t gone behind us but really, it amounts to nothing really. You can get heartbreaks having way much expectations from every coming month. If your buying and holding, spending just when you have to if you have to, you would care less of the bullrun but, appreciate it when it starts happening and your assets keeps appreciating in value.

It's okay to hope, but they just need to realize that not all expectations can match reality. Optimism is important so you can maintain big plans for investing in Bitcoin in the long term, most importantly don't panic when the market doesn't match expectations. Selling bitcoin during a downturn is a bad decision, but they should be able to accumulate and strengthen their portfolio over time.

There is new hope in every new month, of course we don't need to stop hoping for the best for the price of bitcoin which will be profitable for its holders. We are already on September 1, while the price of bitcoin is moving sideways and tends to appear to be experiencing a decline. I'm not really worried about it and so far I'm just trying to maintain my main plan for the long term.

Mr.right85

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It’s normal to be optimistic about every new month to be the month that, Bitcoin would experience a lot of bullish move. Especially with the halving haven’t gone behind us but really, it amounts to nothing really. You can get heartbreaks having way much expectations from every coming month. If your buying and holding, spending just when you have to if you have to, you would care less of the bullrun but, appreciate it when it starts happening and your assets keeps appreciating in value.

ethereumhunter

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I wish that can happen in October but we really don't know for sure about that even all people will not have the right answer. Bitcoin can moves to anywhere and that can not always happen in October. Even if that will happen in October, we still don't know what date the bull run will comes. If you want to make a big profit from Bitcoin, you must prepare by accumulating more Bitcoin before the bull run comes so you can sell at the high price especially if the bull run really comes in October.

But if the bull run delay the coming and will happen in the next year, you still have more time to accumulates more Bitcoin. You need to use this time to saving more and more Bitcoin because the next bull run can makes Bitcoin price jump to the high price that we can not imagine.

Kemarit

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Quote from: OgNasty on August 31, 2024, 10:51:20 PM

I think October will mark the last month to get in before the big one kicks off in my opinion. It seems like every cycle by the time Halloween comes it is obvious that Bitcoin is headed to new highs. That is my expectation again this year but we will see. I know I’m still happily accepting BTC with thought it will be worth a lot more in a year.

Yeah, historically October in a post halving year is where it all started, parabolic rise up to the end of the year. I remember that last post halving year, very similar movement until we hit October till December in 2020 and we have uptick of +27.7%, +42.95%, and +46.92%.

So if the cycle continues then we can say that we should just be holding for now, and continue to accumulate as much as we can before that one big one kicks in and the rest of the months followed.

https://www.coinglass.com/today

NicNacCoin

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Quote from: JamesDaniel90 on August 29, 2024, 07:12:24 AM

Hi ,

If you look at the link below and scroll down to the chart showing monthly history for Bitcoin you can see September is one of the worst months but October one of the best.

If you look at the last cycle from October 2020 to March 2021 , Bitcoin had 6 consecutive green months going into the bull run peak.

Can we expect this again ?

This is my first bull run and I think September will be pretty similar to August, very up and down. But once October comes things should start getting better again and I expect us to have a good Q4 and Q1 of 2025.

https://www.coinglass.com/today

Nothing can be said based on guesswork. Especially in the crypto currency market nothing can be said and said even though it may not be correct. What may or may not have happened in a unique year may not happen this year. But October seems to me to go over the green candle. As we are now in the last quarter of 2024 and there is a possibility of a Q1 bull market in 2025 we can expect October to be a good one. So let us invest and proceed with the investment. If the market is good then surely we can get success with huge profit from our investment.

OgNasty

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I think October will mark the last month to get in before the big one kicks off in my opinion. It seems like every cycle by the time Halloween comes it is obvious that Bitcoin is headed to new highs. That is my expectation again this year but we will see. I know I’m still happily accepting BTC with thought it will be worth a lot more in a year.

royalfestus

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I believe the bullish momentum should begin this year. Sentiment plays a crucial role during a bullish season, and if this market downturn drags on much longer, it could negatively impact traders, trading volume, and overall market sentiment. The recent pump is pivotal and essential for supporting the upward trend

Popkon6

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Quote from: JamesDaniel90 on August 29, 2024, 07:12:24 AM

Hi ,

If you look at the link below and scroll down to the chart showing monthly history for Bitcoin you can see September is one of the worst months but October one of the best.

If you look at the last cycle from October 2020 to March 2021 , Bitcoin had 6 consecutive green months going into the bull run peak.

Can we expect this again ?

This is my first bull run and I think September will be pretty similar to August, very up and down. But once October comes things should start getting better again and I expect us to have a good Q4 and Q1 of 2025.

https://www.coinglass.com/today

In fact, if we look at past Bitcoin price cycles, this month's candlesticks are more likely to occur. Meanwhile, the signs of the beginning of the bull market are coming very quickly, as the Bitcoin price will start the process of increasing in the market with enough volume.
Since August, the price of Bitcoin has been hovering between $58k and $63k for a long time. However, it is highly likely that Bitcoin price will touch $70k this September, as Bitcoin price is on a relatively bullish target.

Topic: Will October be the start of the green months to bull run peak? - page 5. (Read 1690 times)