Bitcoin Forum

Where is the demand going to come for in Q4?

Will retail, sans lockdown money, be able to shovel enough cash into crypto this time?

Otherwise, it seems to me like upward price action will depend on institutional investors.

Closing Bitcoin on the monthly candle for September, a bullish sign for me. As we all know that most of the month of September for Bitcoin all over the years is very bloody and the month of October is more on up only.
Starting of Q4 and we saw a very huge green candle from yesterday is a good signal that bulls are still on Bitcoin. For me, this Q4 is a battle of all-time-high of Bitcoin, more sideways before breaking all-time-high.

Me. (and others like me)


Eventually.


Does it matter?

So you're all in / a true believer, then. Dollar/fiat going to 0?

So long as the market is filled with active members, the demand for bitcoin will always be there. More investors are getting into the system, old users in the system are still filling up bags, whales are still holding up and looking for a deep to get more.
The Q4 is having an effect from the previous actions of the market from the Q3 and Q2 which is good and which is also affected by the previous trends of the market, things might have been slowning down for some times now, the next move is not too far as the market is still strong on the bullish side taking hold.

bitcoin price is not and never been set by coins in circulation.

the price is only dependant on the SMALL amount of coin that is set on order lines.
what you find is that the small amount of coins is then bloated up by WALLS created by certain exchanges to try stabilise the markets vs other exchanges.

yep while the little guys play the penny changes to get their small 1% the big exchanges and arbitragers are playing the bigger game around different exchanges.

in short. the price does not need and doesnt have 180million users playing with $4k nor does it have 4k users with $180m

the market is actually controlled by a smaller group of people.
it does not nor ever has required millions of users to set or change the market.

once you see the orderlines make an order and cancel an order several times a second, you start to learn its all bot controlled by certain groups set across different exchanges.

its never been about XXXnumber of users. its about strategy of a few that have the positions and the walls to control the price.

yep. there is more market influence by 'arbitragers' that have no interest in actually buying and selling billions. but using their funds to make/break walls.

whether industry gets involved or millions of users get involved it wont affect the grand scheme of things in bitcoin price

once you get passed the idea of individual investors with their household bank account values. and instead realise the arbitragers not wanting different exchanges to go in different directions. and only go in one direction simultaneously. you will start to realise that industries and individuals dont really do much for the price

Does it follow that if a person is a true believer of Bitcoin, he/she has to go all in? Does it automatically follow that a person who strongly believes in Bitcoin, and even goes all in, also believes that dollar/fiat will go to zero? I think it doesn't.

Personally, I think it is natural for any currency to face eventual demise. However, it is hard to imagine fiat going to zero simply because of Bitcoin. Even without Bitcoin, fiat will still ultimately face an end.

Q4 of every year is one of the crucial moments in the crypto industry based on its history. you can make a profit depends on how you look at the price of bitcoins in the future. Most likely the price will increase and this is the right time to increase your investment before that happened. sometimes it becomes moderated and stuck at its usual price that's when you have the chance to invest before the market will rise. But still, you need to have an escape plan because when it reached its peak, it will suddenly decline again.

Many people want to see a big demand in this Q4 and make the price increase.
That is just a scenario that can happen in the rest of this year but it is still hard to predict what will happen three months later.
Bitcoin price or the crypto market can back to have a bull run in these three months and reach the next peak price again but it could be like this for the three months and then in the new year, the price will start to increase.
The only thing you can do is prepare yourself for the coming and no matter what will happen, you need to have many plans that can work for you depending on the current situation.

That is an irrelevant question. Those who believe in bitcoin don't buy convert their fiat to bitcoin because they think fiat is going to zero. They do it because they want to reach financial sovereignty.

The same way the demand came in for the previous quarters. Q4 of a certain year does not change that. However some years have seen Q4 have a buying spike outweigh the selling spike.

Spending choices differ among people but retail accepting crypto is still a much lower number outside the US. No specific answer for this but I can say that the effect of lockdowns have not been significant on crypto for the time being, but bad for the fiat economy indeed.

Enough cash or not, someone will buy and someone will sell, so expect to see prices going up and down and if you are cunning enough, you should attempt to take advantage of that.

Institutional investors are not long term hodlers. They are looking for methods to hedging their assets. So you cant say they will help raise the price, they will as long as they know the reward is high and the risk is lower, but like I said, they are not long term hodlers, they will sell before you know it, because they are in it for the profit. :P

I was wondering why I could now convert fiat to bitcoin because I believe in bitcoin. I think the right thing to be done is to buy and invest with extra money coming to you and allowing fiat you have to play its roll but not to go withdraw in bank to convert into bitcoin. Believing in bitcoin should not allow us to be stupid in our decision.

The demand is there, and is increasing as we speak but even that isn't a surefire way for us to say that Bitcoin is gonna end high this year. a couple more parameters are needed to be met in order to confirm such predictions. Although personally, I think this year's gonna end well for bitcoin. Still, this could change in the following months. There's a strong indicator that Bitcoin will end the year strong, if not excellent. Ever increasing demand, El Salvador, among others that are honestly too many to mention in one post. One should always look out for outliers though before assuming everything outright. Although truth be told, as I said earlier there's a huge possibility that bitcoin will pump or end at a fairly reasonable price.

Thank you for this reply, can I send you a message here?

Appreciate all the answers too, by the way!

The issue is not so simple. They have already explained to you where the demand can come from, but the price of Bitcoin does not depend on one factor alone. Now it remains that there are no more Bitcoins put up for sale during that period than those who want to buy. If there is more supply to sell than to buy, the price goes down. Although most likely this quarter this will not be the case.

It has always been a combination. You cannot expect the demand for Bitcoin to be coming only from either institutional investors or retail investors. The demand has always been high and it is coming from all directions. The demand from retail investors is very strong just as the demand from institutional investors is also strong. Both are coming from all over the world. Retail investors are buying small amounts but they are large in number. Institutional investors may be buying large amounts but they are only relatively few. 

Doesnt have to be anything more then speculation to continue but invariably theres a reset process and cycle between expansion and profit taking.   Sector rotation is a thing, crypto can lose money to more attractively discounted areas of the economy that are quite capable of competing in terms of cash flow.  They wont ever have the growth but alot of assets are far less risky, if we had contraction in monetary supply in any way other utilities as a sector will do far better as a non optional expense to almost all.
   Most of the pullback that occurs if any will be in antipation of FED moves, the FED cant actually do much more then print more money.  They dont have the benefit of a government able to balance its fiscal budget or a trade balance and various other measures that would normally interplay.
   I already said I dont think a new high for 2021, just working through prior volume is more then enough work for now and staying anywhere in this region long term is very positive.  Anyone who remembers prior sell offs knows thats the case, all this right now is bullish even in pullbacks.

If there's an expectation for a price increase and profits,the money will come.
It doesn't matter if it's going to be institutional investors,crypto whales or medium and small crypto traders.
The concept that only fresh money coming from outside the crypto world are the one and only force,that will pump the prices is partially wrong.Perhaps many crypto traders will start selling altcoins and buying more Bitcoins.Many traders made big money from the crypto markets and they sold their coins and moved the capital away,perhaps a part of those crypto trading profits will return back into the cryptocurrency markets.

I think the demand will still came from the retail investors, they are the prime movers of the market even before this big institutions come into the picture last year. And then are the majority here so I would say they are going to pour big money again and fuel the next bull run and then institutions riding on it and not the other way around.

It's been always anticipated by crypto holders that during Q4 Bitcoin price or the entire crypto market will always experience a bullish trend, it was always expected by most crypto enthusiasts.  Though there are too many factors to consider that make Bitcoin price might going up high by next month and not rely upon one factor.  It could be because of the fundamental effect or a smaller group of investors who didn't believe in the FUD of China, or it could be, the effect of some country's legalization.  Nobody knows!

The same insight, there's a lot of good news that can influence the Bitcoin price pump and I'm having positive instinct that there's a Bull market this month or during this Q4.

Nah. I'm just a guy that sees potential for what Bitcoin can be in the future, and doesn't believe that it has lived up to that potential yet.



Where did I say that?

Did the British Pound need to go to 0 for the U.S. dollar to succeed?

Did gold need to go to zero for fiat to succeed?

Nonsense.

The most likely answer is that both sectors are going to be influential in the future increase in the price of bitcoin that we are going to see, after all I can not really see any significant change in the policies of the government's that will put a stop to the long term growth of bitcoin and the interest that this is going to generate among people that want profits or that want to protect the wealth that they already have.

People are getting increasingly nervous about the possible implications of all the money that governments want to spend and print, they know this is going to affect them and they are trying to find a place where they can put their money and protect their wealth and bitcoin is without a doubt one of the best candidates you can pick to do so.