Bitcoin Forum

It was a great surprised to me this morning seeing the market price increasing above $29k that made me to asked this question, if it's real for bull market to happen in this month of October or is just a temptation that will make people to release their BTC to the market before the massive bull will take place. If the price of BTC can reach this level $29k at this time, show that real bull will take place next month of November till next year ending for investors to use the period to earn more incomes from their investment and to plan well ahead of another bear to come. If this new increase turn to temptation in the crypto market by turning back to dumping again which are some of the things investors don't want to experience in this season because, it will cause Many losses to investors. Do you think this is a real bull that will lead to investors expectation? Or is just a temptation that will make people to rush to the market to sell and regret at the end? What is your opinion.

This move could possible be traced to the third case win by ripple against SEC as I read today or the continuous assurance that approval of ETF would be done before this year ends. But regardless, this doesn’t seems like bull run yet to me till bitcoin finds a support on the $30000 Margin and continues to move. We once had the bitcoin almost passing $32000 in march and we all expected at least a mini bull run but it didn’t happen. So this time I am not going to be tempted again. But should it increase to the price I set to sell some then I might consider selling but right now I am all in holding stage till the real bull happens after halving next year

Yeah, the currency chart shows a multiple top around 30k level which scary and at the same time promising since this can turn to a massive bullrun once the wall that denying Bitcoin to move forward suddenly break since the price will open up for much higher high.

I’m really not comfortable if the price stays and make a support at 30K since we witness a lot of time that the price slide whenever it’s sideways on this level. I hope 35K above is the safe spot to consider this another bull run.

This could be a bullish trend. Why not? If people now start investing in bitcoin, seeing the current price jump, this will further spur the growth of the bitcoin and, accordingly, investors for new purchases, creating an avalanche effect.

Is this the start of a bullish trend? I think it is too early for this and I assume that this sudden jump in price will be followed by an equally sudden drop.

There are always temptations in the crypto market, but in the case of the bitcoin, why should investors have any regrets? Even if the price rolls back below $29k in the near future, do you think this is a reason to regret? Of course not. This is a reason to be patient and wait until the price of bitcoin goes up again and then the investment will pay off with interest. 

This is not a temptation but you can choose to personally call it so, bitcoin have reach $30,000 within few days back, it went back as far as $27,000 before it decided to remain here with $29,500 which we also believe should sooner move up more because we are getting more closer to a bull market season than we have been on the dip market season, if you follow the market very well, you would have seen this coming from the weekly candles observed, though we cannot accurately predict bitcoin market but this is part of the normal expectations to see the market rising after a prolonged dip.


The actual pattern this may come in through remain unclear to many investors, don't be that surprised that coming month may be for dip before we could continue with the bull gradually, everything is not done all of a sudden, there's nothing impossible for this period as you can discover that bitcoin is over $30,000 before the next day, this is not what is being manipulated, it's demand and supply determines the market price.

People always call October Uptober and this is what is happening now.

I don't know how some people when the bull run happens always say "is this a real bullrun" I don't think it's the full extent because there are other factors that cause it, about other investors' expectations depending on how they deal with it, is it for a moment or long term? Any long-term investor will definitely not think about this and will see how bitcoin travels in a year, of course it's all part of the halving process next year.

Regarding the temptation, it means they just want to get a short time profit, I simply think about how they sell it.

For Bitcoin investors the price rise past $29K is not a surprise. Those who are looking at today's price spike are looking to find out what happened to make Bitcoin's price pass $29K.
Investors who have spent a long time in the market will not be reckless in selling Bitcoin when price changes are still far from the target. As the Bitcoin price increases to $30K, investors are increasingly eager to hold if the ability to increase the number of Bitcoins does not exist.

Does it really matter if the price reaches 29-30K and we see over 35K next week? Will this mean that the bull run has begun, and we cannot now go straight up towards the all time high ?

In case the price of Bitcoin dumps again from 29K, does it mean that there is no bull run? Both of these theories are wrong because a bull market is not something that we shall never dump and the prices can go in a straight upward direction. We can reach 40K and then again dump to 30K, will this mean that we are in a bear market?

I think that we have seen the bear market bottom at 15800-16K and now we are in a bull market since then. Yes, there will be corrections all the way, so we should be ready for the pump and dump of the bitcoin price.

You shouldn't be surprised about this if you have followed the market for long. Just some few weeks ago the price was as low as 25k to 28k. An before then the price fell from 30k- 29k and then to the price which it picked up back to 30k. This is the high volatility nature of Bitcoin to move from different prices so fast. I wont call this bull run because I am not certain of it this one of the things Bitcoin do and those who dont understand quickly gets ready to sell. If eventually it starts dropping gradually the panic sellers will sell too. Definitely the price now will put a smile on the face of many investors and there will be hope to expect a bull run but the opposite might be the case. To me I dont see Bitcoin going above 30k instead it will play around the 28k to 30k price for a while before any upward or downward movement may occur. Am only speculating am not certain.

Well, the temptation in the market can be paid dearly, because I really want Bitcoin to go up a lot and I buy just waiting for it to continue going up even more and it could go down, so if I don't buy in time I can lose, many expect the price to go down. price to buy, and what is smarter and can happen, it may be that everyone is waiting for the price at $30k and it goes down to $25k, and there they can buy, but if they buy at $27k and it does not go up but falls it can give a very low emotional effect, so this is what has to be avoided and if that happens, what you have to have is a lot of patience because it will increase, there is no doubt.

The BTC ETF seems like giving hope to those investors waiting only for something to happen. And then there's SEC giving up the XRP lawsuit which is sort of a signal for those guys. Now whether this is just a fake bull run again or not it doesn't matter since those investors get in to hold.

I'm hoping this is the start of a bull run after all the halving is just months away and it seems like stimulus is coming once again. Signs are telling investors BTC will save us.

It's not yet the bull run. While it did touched $30k, this still gives the thought that it can still be lower in the next weeks or months before this year ends. This might be the sign that we're about to enter the bull run but that's what I think that we're not yet there. There will be indicators that will show and will push the market into the actual bull run when it's there. One indicator is the approval of the Bitcoin ETFs, no news yet but it's likely that they're just putting it all together so that the timing will be perfect with the Bitcoin halving on est. March or April 2024.

There's a theory I heard a few times.
When the crowd screams that it's a bull run, it usually is a fakeout.
The real bull run comes when price goes up and the crowd says "i bet it's not this time, this must be another fakeout."
A good example of this was 2019 when price went up and crashed again and when it came back up people were so tired of more than 2 years of bear market they failed to notice it.

When they keep telling you that it's going to go down again, when they scream at you that 16k was not the bottom and bitcoin has to go to 10k before it comes back up, that's when you know the bottom is in and the bull run is on the way.
That's my take.

I would refrain from passing judgements whether these are signals for bullrun or one more bull trap because in the past we have often seen bull run usually starts during last quarter of the year and looking at the market movement and it's coincidence with what's happening between SEC and XRP this can be considered as a signal of bullrun but we have often been bull trapped so it would be better to wait for some more time and set up a target for BTC like $40k or $35k and if it crosses these marl then we can review the market again and decide whether it's a bull run or not because BTC has been fluctuating between $25k and $30k for a while now hence only based on these fluctuations we cannot blindly consider as bull run. It would be better to wait for a while instead of FOMO.

This is a miner relief rally. Study fall 2015 to spring 2016 pre 1/2 ing

we went from 400 usd to 770 usd then slide to 660 usd right at the 1/2 ing.

So to match we go to 45-48k then drop to about 38 k right at the 1/2 ing

No one really knows because this market has been always that totally random or there's no way on telling on which way it would go whether this recent jump or increase in price is the start of that bullish run or simply to those ordinary days that we do have and making out some movement with few % which it turns out to be normal. It is really just that people who had been get used to minimal movement that we had experience several months ago which on the time that the price had made out some movement something like this then it turns out to be that something big. Yes, i cant really deny that even myself considered to be that long time
crypto enthusiast but with the recent movement did raise up some question on whats the current news that we do have in the market on why it do move like that?

Investment or trading decisions would really actually vary or would really be that depending on you whether you would really be holding your position or would really be trying out to hedge
with those minimal movements or would really be having that positive results or profits then securing profits will really be always that recommended on doing so.
Always stick with your own ways and methods as long you do make that advantage then this what matters.

This could be the start, but of course we have to break the resistance first and it can happen any time as Bitcoin can easily pump high especially if the hype becomes more effective. Again, try to look at Bitcoin as a whole and you can see the possible scenario. My only worry about this is that, the world economy is still not doing good and the threat of war is rising, so this pump can be temporary only but of course let’s all hope that this war will not result into a World War 3, let’s pray that US will not declare war after the attacked to their US base.

I think it is early to tell whether this is the real bull run or just a bull trap since there is a valid reason why the Bitcoin market is in an uptrend today.  The latest news about the XRP case may have affected the Bitcoin market reason why it increased its price today.  I hope this will be the start of the real bull run but I am afraid that the news about XRP is not enough to sustain the hype.  Let us see if there is another series of good news about cryptocurrency in the next few days, if there is none, there will be a problem in sustaining the uptrend of Bitcoin, and might probably become another bull trap before the halving event happens.

Honestly, it could be a bull without being the bull you think it is. While it could go as high as over 30k+ easily at this point, even reach 32k as well, which would be considered a bull, you may think that we have started to ascend and we will see 68k+ in a few months, then yeah you are going to be upset because I do not think that will happen anytime soon. I think its going to be a little different and should be considered like its not a big deal, could be a bit higher than what it is right now but that doesn't mean that we are going to end up with a huge return. Just assume that it may go up, but not go up to 40k+ levels, that is not coming anytime soon if you ask me and could be next year.

Surprise?, why $30k surprises you.

This year we have had +$30k several times, I have a Topic where I check the maximums for each month, also the minimums, whatever, the question is why we have not maintained the +$30k.

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*partial october, 2023.

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2022:
Oct: $20,938(26) | $18,319(13)|
Table data: author famososMuertos link=https://bitcointalk.org/index.php?topic=5332730.msg63027504#msg63027504
Data: CMC.

I think it's tempting to invest in bitcoin now that the price has increased and has been hovering around $27k–$30k for the past two days out of FOMO.

However, if someone does decide to enter the crypto market as a result of the current increase in bitcoin price, it's a good move because I tend to think that bitcoin will reach above $35k before the end of the year. The investor is still on the winning side of their bitcoin investment in this scenario.

You just have to look historically for the month of October and you can clearly see that it is very positive. So with that, and as what we have seen already, a huge increased and we might touch based $30k again, I think that pattern will continue.

On the other hand, I don't understand why everyone should be tempted though, it's not yet the bull run that we are expecting. At least if we are going to sell then look for the new all time high. So this could happen around 2024-2025, so still for me, the best thing to do is accumulate and not thinking of selling at this point.

I hope BTC's recent positive movement will continue. Plus the news that there will be a reduction in interest rates from the FED which could be one of the factors for Bitcoin's increase. Actually, it is very difficult for me to say this, but the war that is currently heating up has also had an impact on increasing the price of Bitcoin. Bitcoin is known to be used as a source of funding and donations.

I will consider BTC Bull when the price is able to penetrate $48K-$50K. If the BTC price is above that level, we are already on the Bullrun train.

Mate don't be blinded of what you are seeing at the moment because this can be another trap.

remember that we are in near Halving which means in the record , moments like this keeps bringing dumping in the market at least before it proceed.

so better to not  trust what is going now instead use this as advantage to Buy and sell shortly .

we are just starting the last quarter of the year before halving , have you seen at any point from the chart that we manage to have Bull run in this kind of season? or Bull Trap? just go with the flow mate and you will be safe.

It was indeed a surprise because nobody expected it to be at this rate just too soon, to me I was expecting it to still be around $27-28k, just be going up and down maybe from next week it could be elevating.
Well as it is I'm very much ok that for almost 3-4 months it has gotten it's pace to this certain amount and nobody expected it to be so.
Definitely this has to be a huge temptation but not to all, let me say 65% might be tempted to sell and it might be in their favor. Investors have waited for long just to see this movement of Bitcoin price,  and some never believed October would be better than September, August or even the month before, so if anyone makes any form or decision either by selling it's just something they can't resist.
To some, we have waited for long so let's give it a try. I still feel BTC is still bumping lts wait and see how fast it will get, like I said let's expect $30-$32k before next week.

This is what Uptober is all about, but I don't interpret this as the real bull run, whatever that may mean to you. The stronger bull run has not yet started. I don't think it will come months prior to the halving in April next year. I don't even think that this current rally will push Bitcoin's price past $30,000 and won't go back to that level anymore. Even if Bitcoin touches $30,000, I expect a correction right after that will bring back the price to around $28,000.

That's exactly what I was commenting on in another thread, that I wouldn't call bull run moves up before passing $69K after the next halving. Although there could be exceptions this, as a clear and sustained up move before. Or even that you could pass that ATH before the halving, which I think very unlikely and would be unprecedented in bitcoin history. But what is clear is that these small upward movements are not the beginning of a bull run, no way.

I got an alert of Bitcoin at $30,000 but the price has fall to below $30,000 again therefore I won't call what happened a bull market but it was a real pump that was due for the price of Bitcoin. October is always bullish for the price of Bitcoin and we can be expecting more from the market. More individuals are buying Bitcoin therefore we should be expecting more pumps but not a straight forward bull market. The bull market will start from next year as we get closer to halving. At this stage there shouldn't be any temptation to sell when Bitcoin rise and you shouldn't wait for a pump before you invest into Bitcoin.

The least selling target should be made after we hold our Bitcoin until the next bull market is confirmed then we can look for a price to sell that'll make us good profits because we bought when the market was down. After this pump in the price of Bitcoin, short term investors will want to sell and take profits and also daily traders will be taking profits therefore we should be expecting the price of Bitcoin to fall sightly as that happens.

if tempting now hovering 27-30k then what more in the recent month when Bitcoin even drop to 25k ?
have not you decided to buy that time mate because I did purchase another chunks to my holding.
wrong perception , because if people only enters as the market are having increasing
then the chance for them to be trapped is there , remember that in this kind of time
there are more on trapping as it is not a legit growth , we are near the halving that we all knew before coming are dumping.
so how can you expect a high cause when its going to bear soon?

Now it seems to be starting to stay in a better price range, where the price of Bitcoin is starting to be between $29K to $30K. If this level can last for a long time or at least for this month, I am more confident that next month Bitcoin can find a new level by passing $30K. Although I also wouldn't call this a bullrun because Bitcoin still has to find a more appropriate moment for it to increase much more than now. But I also quite enjoy the current market conditions because the current conditions are much better than the market conditions in the previous month.

There is no need to be surprised by what happens to Bitcoin. If your target selling price is still far away, you don't need to react in any way to what is happening in the market. It is a good time to buy Bitcoin because the price has not risen too much.

This is a temptation for investors who do not have a strong hand in holding Bitcoin. They will think about selling their Bitcoin at the current price because the price is already higher than the purchase price. But investors who have strong hands will do nothing but just buy more Bitcoin. Their selling price target is still far away so they are still calm and even if the price falls again, they will be happy because they can buy Bitcoin at a lower price than now.

We must remember that although the price may now rise slightly, price corrections will come. Moreover, the market is now at the weekend, where price corrections usually come. So enjoy the current and next market conditions and make sure you buy more Bitcoin for real increases.

of course there is possibilities to reach and even climb up 30k mate because we also knew that mostly the last quarter are serving best result through out the years and even bullying before the year ends, but correct that this does not mean we will continues to experience this till halving next year because even me will not believe that.but maybe for some reason there will no more dumping to happen and bitcoin price will not subside to 20k or below again.maintaining this 30k and above till Halving will be the best goal for most of holder , but not for those who wanted to gather more because all they wanted is the price to drop back lower so they can accumulate more before the bull comes.hoping that everything will favor to all bitcoin supporters specially HODLERS.

Although there have been some suggestions that we will have a bull season before the halving because of news related to ETFs, I still believe that history will repeat itself.  I mean, what's happening is just a temporary recovery, a normal market movement, it's not a sign that bull season has arrived.  not to mention looking at the world economic situation, everything is still in an unstable state so I don't think the crypto market will be separated from the fluctuations of the world economy to surprise us.

If the price continue increasing before the end of this month of October, show is not a temptation to investors than to get ready to welcome bull market that will cause long and short investors to win what they have never win before in their investment. I guess $45k is possible before the end of December because the green candle light is still stable in the crypto market, and it looks like something that will take some long period of time before it will allow red candle light to occur.

 This is the best time to watch how the year is going to end up either bull or bear season because, the price of BTC has hit $30k few hours ago, which is not good for investors to buy BTC in this period than to continue holding the ones they have bought from the market to see what they will earn when the price hit their expectations.

Forget about $27k for now, the game is between $29,000 and $30,000 and if we can maintain the $30,000 by next week then we should be aiming at being around $32,000 and so on, bitcoin cannot be predicted as it's moves in an irregular manner being a volatile currency.


I expect you to say before the end of the month and not the year, with how far this is going, we are likely to have more than $50,000 by the end of the year or something very close to that.

Generally,  We are not yet on the bull market but on the journey or the face of market recovery. However, you could say that based on the technical analysis perspective or point of view, the bulls are once again gaining control over the bears. The $29k- $30k resistance level the price kissed has been my target of the watch after we had the last price bleed down to $25k. The current price level is a very critical and decisive zone for the market "Bears/Bulls", as the price after reaching this zone has been rejected quite a number of times.

I have not seen any signs of a bullrun this time, what I'm seeing is that the price of bitcoin is fluctuating and if bitcoin is increasing small small that means we are in a bullrun, like I was told that bitcoin price increased some hours and fall back so for it to increase and fall does not mean that bitcoin is in bullrun the way I'm seeing bitcoin..so bitcoin can be expected to be in a bullrun like next year due to the information we are gathering now, so I don't believe in such information but if bitcoin wants to increase I think more investors will come in to the industry

This happening now is very far from the bull run. But it is good to note that this upwards movement of bitcoin is giving us the assurance that bitcoin bull run will surely happen next year. The price increase we are seeing now is not supposed to be a suprise because it was long overdue to happen even towards the end of September.

Considering the news and the pattern of this movement, this price might remain bullish till the end of this October. This is a nice time for short term investors who entered at 25k to cash out. People who bought at the region of 15k still has a good opportunity to sell and maybe rebuy somewhere else to wait for the major bull run

If bitcoin manages to stay above the 30k level then it is a bullish sign for the market. The next target can be 40k if this really happens. The way the market is behaving, it looks like it is preparing for a bullish move but I still think there will be one last shake before the bull rally. This can be after a few months, but this should be before the bitcoin halving as many experts say.

I think it's either our overexcitement or impatience that interprets almost every relatively small upward movement as a bull run. The price of Bitcoin moves up and down every day. Sometimes the volatility level grows high that mere hours and days would see the price moving in several hundreds or a few thousands. Especially when it happens in the middle of boring weeks and months, people might interpret it as finally the bull run. It's just breaking the sideward movement quickly but we're still generally moving within the boring price range.

No bull run happening yet, but you better get yourself ready for the upcoming bull run. This small price movement is all thanks to some big news that resulted to this market sentiment, but if you're expecting a 'real bull' scenario with insane daily price hikes, we're not there yet. According to the stats, bull runs tend to kick off after a halving event, and that's 190 days away from now. So it's too early to jump to the conclusion that the bull run is here. Of course, trends can be deceptive because of the market's unpredictability. No one can truly predict, but the last three halvings followed the same pattern, so personally, I'm betting on the fourth one doing the same.

Just keep accumulating, the more you gather, the better your chances of enjoying the ride when the bull run finally shows up. Remember, for us to confidently say we're in a bull market, the price of Bitcoin has to break the current all-time high. Think about how much you'll have when that time comes if you keep stacking now.

What we are seeing is a deep interest coming from a lot of market participants that is ready to explode at any moment, however the conditions for this to happen are still not there.

Because as the fake news about the ETF by BlackRock being approved demonstrates, once a strong positive news about this market appears the market will move upward at an impressive speed, but after such a misfire I am sure there are many investors that will become more cautious, and this may delay the appearance of a strong and sustained upward trend even further.

The rise in the last week was really good, but this is where Bitcoin should be anyway. Bitcoin should no longer remain below $30K. I don't think the big bull run start yet, it was just a %10 rise. I feel like we won't see a real bull season for at least one more year. Things will be interesting after next Summer. For now, these are just little excitements. When we are really in the bull season you don't ask this, you already feel it.

Indeed, we're still within the price range of $25k to $30k, and this level of resistance has persisted for several months. There's still a possibility of the SEC delaying decisions on several proposed Bitcoin ETFs. So, it wouldn't be surprising if the price revisits the support level in the near future.

Everyone anticipates a bull run after the halving. But in my view, it could happen sooner than expected if the SEC confirms and announces acceptance of the Bitcoin ETF proposals earlier.

For the short term, I remain calm. After all, the Bitcoin price is bound to experience a bullish phase eventually. It's merely a matter of time and exercising patience in holding onto the Bitcoin we possess.

This is what I'm also saying in another thread. The real bull run will probably happen after the halving. The peak of which may be several months or even a year or more later. But if the SEC approves the Bitcoin spot ETF applications of several financial giants like BlackRock or Ark Invest prior to the halving, I think the bull run as well as its peak or a new ATH will come much earlier.


Do you consider the same thing that I mentioned above? After all, the final deadline of the approval of the ETF applications is not later than one year from now.

We've also been given a sneak peek of what's to happen when a Bitcoin spot ETF is approved when the fake news came out. It was a mere rumor, unconfirmed, and later on verified as fake news, but the price suddenly spiked as a reaction to that.

I feel like we are not in bull cycle yet, its more like reaction to very long bear trend that moved price around 30k levels. Anyways hype about etf helped it a lot too even if it was unrealistic. I made a little mistake sadly by selling some of my Bitcoin around 27-28k levels with very small rally couple of weeks ago. I think we should not expecting anything around 20k anymore. 25k is bottom until halving starts. Things will get very cool right before halving.

Are you a trader? If not, I guess you're looking to sell your bitcoins and think bitcoins will correct so you can buy them back. The plan is quite good but unfortunately bitcoin is still rising to $30k and I believe it can go much further before a correction occurs.

Yes, if someone is still waiting for $20k they should change their plans. I still believe bitcoin has a few corrections left before the halving happens, but perhaps $25k is the final destination, nor do I believe there will be another dump that will take bitcoin down to $20k.

There is no basis for assuming that Bitcoin should not be below $30k by now. Until there is news or a new development, Bitcoin can be anywhere the forces of demand and supply takes it to.
I don't consider the recent gains enough reason to conclude we are in bull run as the market is still undecided on where it is going.

Agreed, the reaction of long term price movement within specific range have supported the market turn bullish. We don't know how long it moves forward. Now close to the $30k range, and I expect the market to get stagnant around this range for some time period before crossing the $30k barrier. Further it could reach $32k-$34k. As said this isn't part of the halving growth and we can find it a chance to make some earning out of the fluctuation. We can expect large scale fluctuation these days as the market keeps moving between ranges to cross barrier and price corrections too can be expected.

t says that the Bitcoin range under which it should or can reach is $32k, which is not bad, what I want is for it to rise above the $30k threshold because staying at $30k would be crazy, because It is easy for it to go down, I would like it to consolidate higher, for example at $35k because it may be that in December it will reach $40k and for it to close at that price it would not be bad, because I am one of those who believe that it can reach 100 thousand USD at any time, it may be that now with what is happening with the ETFs, more price can be generated and I have been seeing in the news that every time that bitcoin is working, the adoption that is being presented worldwide .

Today the direction of Bitcoin's price movement is starting to become clearer as it continues to rise towards $31K, and there are probably many people who are excited enough to see and welcome this in October which is only a week away. This morning I was also quite surprised to see the continued increase in Bitcoin and it is very possible that this is starting to be influenced by the level of demand and supply as well as the good news that has appeared this month. So this price increase is quite a positive thing for Bitcoin and everyone who is waiting for it this year.

https://www.talkimg.com/images/2023/10/23/TmDL1.jpeg

I didn't expect Bitcoin could stick with the price range of $29-30k even though it should've been a fake bull due to the fact that the news about Bitcoin ETF that came out was a fake one. But Bitcoin is Bitcoin and I think many investors are now stuck after buying at the previous hype so they'd better just stay and wait for another bull to come which I do believe will not be long.
It's not temptation, it's expectation. When the approval of Bitcoin ETF comes combined with the upcoming halving, there's a chance the value will really grow and there's no stopping it after that. I mean, we might not see a chance to buy Bitcoin at a cheaper price again because they can start trading it in the live market. So, it would be better to do it now than regret it later and I guess this is the reason why the demand is still high despite the fake news that was committed by a known cryptocurrency news website.

I mean looking at the current situation, it is hard to say that it was a fake bull run, it looks like it's a real thing. I understand the logic and it has happened before where it went up just a bit and then it went down and proven to be a fake run to manipulate people.

However, when you look at this one it looks like it's a good one and not really a bad one, it looks like a real bull run because we have seen over 30k already. That doesn't mean that we are not going to end up with a bad one, and that just doesn't feel like it can't be all that weird, I feel like that could be something that would end up with a result that could be a bit different. I get it, I get that it may not end up with something that is like never going to go down. We could see the price go down from here as well, we just need to give it some time and it could actually end up with dropping in value and we could see it reach to under 28k again but I doubt that it is going to happen.

The price of BTC has shifted to $35k few hours ago to make hodlers to think twice before they can supply their BTC to the market because, it look like the real bull will start this month for those waiting for $40 to appear to get ready to earn from their investment before the big bull run will start fully from the month of December. Due to the stage the price is now show that bear market will come to an end in this month of October because, the sign has already everywhere in the market for hodlers to fully prepare for this awaiting bull to occur.


  If the price of BTC can reach $50k before the end of this year, I think that is a big bull run to hodlers like us because, that is my expectations before I can sell the little ones I bought when the price was low, and I believe it will help me to earn what I have never earn from complete two years. I know that this massive bull run is no longer far from hodlers, and it will surely occur soon for the smile of hodlers to increase higher in the community.

If you are surprised at the current Bitcoin market,  it then means that you still have not spent a good time in Bitcoin because many of us who have been familiar with Bitcoin for a while now are already used to this kind of market movement and will always take advantage of the market if only you have bought Bitcoin when the price touched its lowest level of $15,000 to $20,000 a few months back.

For as much as it is relevant to our current discussion to mention the bitcoin price break out,  same it is also to point out the many advantages of the current market situation.

I do believe there will be a correction before the halving but before that, the market will make many investors overconfident that it won't make any correction before the rally. This is what whales do and they will do that so that new investors can open their long positions around this level or higher so that they can liquidate those positions before the final rally. This will also create panic among the long term holders.

Depends on what you are really that aiming into with your Bitcoin investment or crypto portforlio.If you are that someone whose really that longing for years hold then these kind of prices wont really be affecting you that much. Any price could really be your entry price and making some DCA if needed but if you are that someone who do really make out those active trades then it would really be just that right that you should really be mindful in regards with your price entries on which it would really be that so normal that these movement of prices could really stir up your mind whether you should be holding your position or would be taking up some action
whether you would really be buying or selling then it would really be that according into your own preference and on how you do handle yourself within this volatile market.

Temptation? Possible
Bull run? Not likely

We arent still on a bull run yet, come to think that halving event is still on next year and basing up or looking into previous bull runs then it would really be usually
playing out on after halving event of Bitcoin and might take several months before it would be kicking in. These pumps are really just that to those like
ordinary days which its not really that shocking.

It's the normal economics of Bitcoin, we have bull and bear cycle, and even if we are technically in the bear cycle, we will see some rally and that's what we are seeing. And yes, it was because of the cointelegraph news that pushes us to $30k and then in the last 48 hours the news that it was listed on Nasdaq that really pushed the price again.

20% in the last 2 days, that is already huge jump and I think this is the first time this year that we have seen $33k-$34k. But still though, we shouldn't get excited with this, this is just a small jump, so don't be tempted to sell. This is just the start and the bull run that we should be expecting is next year, after the block halving. So patience is needed and just continue to accumulate as much as we can at this price. This is still a very discounted price.

everything that looks good in this world is just a temptation but if you think the Bitcoin price can rise in the next year or next month don't ask just buy. because there will be a moment when you will sit in the dark like I do and talk why I dont buy at the first place and lot of goin on in my head.

In the past history, October is the best month and we actually can see now, while november is 50.50 sometimes is bull sometimes dont but after 27% percent up by this month we migh see little bit of correction unless there is good news to come

It's not pure supply and demand, there are a lot of different factors. For example for miners Bitcoin has a mining cost. That's why Bitcoin is always priced above a certain level to be profitable.
Bitcoin was undervalued in 2Xk. This rise isn't surprising. Pricing started before ETF claims became reality. Anything is possible but we are unlikely to see 20k levels again.

On my social media, many folks are suggesting that this is just a temporary phase. Even after the DTCC delisted the IBTC ticker, observers started speculating about a bounce-back. However, I, personally, assume that the support level at $32k will be more robust, and as such, we should have already left the $25k-$30k price range and are now focusing on the $30k-$35k range.

Bitcoin ETFs are currently making waves in our national media discussions. It seems that everyone is being reminded of the presence of BTC in motion, and all eyes must remain fixated on it. I hope the price can hold steady here while we await the SEC's decision. A positive verdict could trigger a bull run leading up to the new year, while a rejection might only delay the bullish moment.

It is not a real bull run but a trap set by the whales to lure in more retail investors because the sentiments of the market have not been very positive recently, and people were not investing in the BTC because of the bear pattern. With this price pump, everyone is now looking to invest because they think it is the start of a bull run, and this will be the chance to make more profit in the short term.

The price will go up toward $40k so that whales empty their bags and trap retail investors. The price will dip in the coming few weeks, and the chances are that we might see a sub $20k before the next bull run. Panic selling will trigger this downward trend, and this will continue until we hit the real bottom.

I agree that this is probably not a sign of a real bull season but saying this is a trap is not quite right. We have had many gloomy months in a row and market recovery is normal, not always a trap. Many people have accumulated over the past several months and are now making significant profits, so how can it be called a trap? Simply consider this just a small bounce in bear season and take full advantage of it.

By the way, with bitcoin hitting $35k and still trading above $34k, I don't think bitcoin will drop below $20k again. We're in the $25k-$40k range until the halving comes out.

all of us here can only guess what is actually happening, whether this is a real bull market or not, no one knows, and no one can guess how bitcoin will trend in the next 1,2 or several months. but i prefer to believe that holding bitcoin and selling it later is much better than following these trends - these are just the waves before the actual "bull market", and whether you want to follow this trend or not is up to you.

Everyone will follow their own heart in any case and that is a very normal thing that happens and we cannot deny it because everyone also has desires based on their own thoughts on what they follow. We can't blame those who are selling at this point after they bought it at $25K as the $10K price difference to take profit is pretty decent for them, but I personally would still hold to see higher prices in Bitcoin without being affected by the increase that has occurred at this time in Bitcoin.

Currently the market behavior is positive and has been consistent for the past few days. As a result, we are turning bullish. This is the pre-bull market moment. But I can't say for sure yet because if the ETF doesn't get approved then there is a possibility that Bitcoin will be bearish again. However, that time is still a long way off and if the Bitcoin bull run starts in the meantime, the crypto space will be prolonged. But from January onwards we can fully speculate whether this is actually a real bull run or just fomo. But since the long bearish trend is more likely to become bullish, we can say that we are moving towards a bull market.

I do believe that this was the beginning of the real bull market, before the breakout occurred, which got us to this very level of $35k, there was a pattern I saw on the weekly chart in which the breakout led to the previous bull market that saw us hit $69k ATH I wanted to open a thread here and discuss, but later to discover the following morning that Bitcoin already started its move and began to follow this very pattern, the next target we are going to test is $40k price level.

In contrast to you, my price range for bitcoin is $25k-$40k, I still think bitcoin will still have some correction below $30k again but will not be able to drop below $24k. We actually broke out of the sub-$25k range, IMO.


If the SEC approves ETFs this year or before the halving and we enter bull season, it will mean history is broken. That possibility can still happen but I think the probability of it happening is not high, I still predict history will repeat itself. I mean, I still believe that the real bull season will come when the halving happens, not before the halving.
ETF news is still hotly discussed, but I believe this hype won't last too long, the Fear and Greed index is at 70% and I think it's time to be careful.

I know this sudden price rise has driven many people’s mind wild. That’s why we are seeing similar types of posts here in this section of the forum. Nevertheless we need to understand that, this is just a small price correction that is due to the sudden rise in demand to accumulate the coins. I won’t say that this is the beginning of the bear market, but yes, some good and positive news might be seen soon among the people. Let’s hope for the best and accumulate as many coins as we can in the meantime.

Probably a bull trap in my own instinct.

Although we are happy to see that the market is rallying recently due to the $IBTC listing in DTCC, but I cannot say that this already kickstarted the “true” bull run. But of course, I can be wrong about my assumptions too.

We also all know that the emotions may got the best of us as FOMO mode kicks in. If I were to decide to buy at this current price, I may have to wait a bit when the market calmed down and the bulls are successfully maintaining the current support level. However, anything could happen at any moment as the market movement is totally out of out control.

No matter how skilled we are in our technical analysis, predictions, etc., the market is always the master of everything as it can go up or down without warning.

But if the bulls can’t keep up the pace, most likely we would be heading to a gradual healthy correction below $33k and that is where we see if the support level is so strong that the bears cannot penetrate. Time will tell and let’s see what happens in the coming days and weeks.

I think this is just a temptation of the market and not a real sign that the bull season has come. Bitcoin suddenly increased in price just because of ETF-related news and it will quickly stop if no more news is released. As for whether the SEC will approve an ETF or not, I think even if they approve it, it won't happen this year. But with what is happening showing the positive impact of ETFs on the market, I believe that if we combine ETFs and halving, we will have the biggest boom ever for the market.

I don't think so. Gone are the days that we can't pass $32k and the pattern seems to repeat but now that we finally broke it, maybe there is some change that we can witness. Anything can still happen so it's just better to not expect too much and just wait for the price to reach a true high level where we can say that the bull run is already there.

ETF news are still hot but there will be a time that people will get bored about it but maybe there are other positive news that will come in? That can make the momentum continue and we can witness a rise even at a slow paced. That can still be on the equivalent of the big boom that you are talking about there.

A big explosion in the price increase in Bitcoin could indeed occur if the effect comes from ETFs and halving for the end of this year and the beginning of next year better. Because this real increase is quite a positive thing for Bitcoin and Bitcoin holders who are still patient enough to wait for the price to increase. And I also think that further price increases are still very likely for Bitcoin if there is no further price drop to below $30K later this year in Bitcoin.

There's only two possible thing to happen on which breaking up those resistances or would really be just simply having rejection or fails on breaking the roof. It would really be that just basing on certain conditions
which it would be usually playing out whether on the demand or some positive/negative market sentiment or news which it would really be able to affect in overall market condition or movement. This is why we should really be that careful and really that wise on taking decisions whether we would really be waiting for the right entry or would really be basically be ensuring your profit considering that corrections do happen afterwards.
It would really be just that according on what type or kind of trader or investor you are whether you would really be going for long term or short term.

Bull traps and bear traps are common and this is where experience would differ on each trader basing up on their past experiences in the market.We've seen similar scenarios
and its up to ours on what are the actions that we would really be making and there's no way that we could really be able to tell on what are the exact things that would really be happening in our
trading career or decisions. Be wary and be wise most of the time so that you would really be able to sustain.

But for the look of things know I can say that we are pushing in into a bullrun now because the price of bitcoin have changed and it continues to grow gradually so basically i know that bitcoin price rise two days ago and it will continue to grow the light of 2024 bullrun is showing in October that is getting to an end, this increased in bitcoin currently us surprising so I believe that bitcoin price is coming and nobody can say we are still in a bearish season, now we are approaching bullrun and we are not in bearish , so we should be careful for our investment

You're free to assume that it's the real bull run but you'll see the corrections from time to time that there's a massive increase.

That is one thing that's for sure that we're no longer bearish and we're likely in the accumulation phase despite we're seeing the price going up. What do you mean by let's be careful with our investments? Because that the season might change and it's volatile, yeah you're right with that and just don't be confident with what you're seeing today.

Temptation, I think not. Investors who have been in the crypto space for a long time are considering this as an opportunity, they will never miss out on a bull that has just come in to gain some benefits from it. In situations like this, you must diligently monitor market movements if you have a number of Bitcoins. If the market continues to show signs of increasing, you can raise expectations for more profits. However, when the market sounds a red alarm, you can immediately sell it to secure existing profits.

It seems to me the last movement on the price of bitcoin is a notice and investors need to get ready for the upcoming bull run, and if they miss the chance to invest now soon enough they may need to pay a lot more to buy bitcoin and their profit margin could be significantly reduced.

After all it was not long ago when people had the opportunity to buy bitcoin for sub 20k, sub 25k and sub 30k prices, if investors miss the opportunity to buy at sub 35k prices then they may as well forget about this market, as at that point it would be difficult to understand why they are still waiting to enter this market.

Sometimes we guess the market price and we see it displaying in the market to make investors celebrating which it has happened in this month of October because, some experts came up that every October market price always change positively to alert hodlers to know the next step to take which is the step many hodlers has too to hodl their coins tight till next month if the price will increase higher. If you follow the trend plus your personal research to see what is ahead of long hodlers, I believe you will no that real bull run is very close to the market to display before the end of this year to make those that hodl for such opportunity to come to have something good to earn at the end.

 But those waiting for the price to reach $100k before they can sell can only experience such Market price in next two years because, the current price is very low to give such prediction next year, but there will be pump that will push the price to $70k next year but it will be difficult for the price to reach $100k.

I do not believe that things can happen like this, for me it could happen that the bulls are waiting to give another reputation, being so I could say that it can manifest itself with a little Stability for now , seeing how it can stand out on demand and if it vain The crash could be in November to boost that market, so that it rises to $40k, that will deepen people's Desire to buy bitcoin and the more they buy, the price goes up, so I wonder what I think is that they are waiting for the moment where they can do that play, this is calculated, they can do it, but they must wait , something that bull whales have is that they know when they can do it.

I feel that the recent bullish moment is just a temptation to increase the hype in the market, in the next few weeks the price of bitcoin will definitely move stably and sideways, it's not yet time for bitcoin to pass its ATH but I'm sure before this year ends, the price of bitcoin will pass $40k. Bitcoin is a very volatile asset and market sentiment really influences its price, so don't ever think twice about Bitcoin when the market is bearish or bullish.

We have to examine the details of the causes of the increase rather than just talking speculation without sources, even though your assumption is just a temptation but the fact is that Bitcoin still remains at the current price of $34k, the price should fall below $32k if your assumption is correct, every market increase is definitely support causing the market was at a high recovery rate before the bullish period. My prediction is that the market will reach $50k by the end of this year as the very close halving period will trigger a high market increase next year.

I would say that waiting is the most important part and as long as we can do that then we should be happy because waiting requires nothing. I mean if we could end up waiting for it to happen like that then we shouldn't be worried about it and we could be quite happy about it as well. I know that it is not going to take some time to make it work but we could definitely see it grow bigger and better.

It is not going to be easy and I know that we are going to end up with a result that should be easier to handle, but as long as we can wait, the price should be going to that 100k prices, and yes maybe it won't happen quickly but if we know that it is going to happen then we know that it is going to happen, so it is not like a secret to us and the only thing that is unknown is the fact that we do not know if it will happen right away or if it will take some time for it to happen. That should be the easiest hold of our life in the end.

The situation is not really that complicated, it has gone up and that's a good thing, but we still have a long way to go to halving, which means that the bull run can't start right now and go to 100k non-stop, there needs to be some breaks for us to reach that level and I understand that it may not look all that amazing at this current moment but that doesn't mean that we are not going to end up with some good increases neither. We will have both good increases and also some stalling period as well, both will be right and it should not be all that weird to accept this as the reality. I personally believe that the best we could do right now is to let it be and do not focus on it.

Bitcoin price interchanges and that's while we do say that bitcoin is unpredictable from my perspective, because due to the nature of things I'm seeing right now I'm confused to say we are into bull neither bearish because bitcoin price is clamping day by day in which we don't know if we are into bullrun or not.

It's hard before you can see someone an investor in bitcoin to come inclusions that bitcoin right now is into bullrun, because their is every possibility that the price of bitcoin we see now can fall at any point in time, and secondly I believe that price of bitcoin can equally  fall and also rise.

The market is not predictable and it can not change today, sometimes some people has because of bitcoin price is increasing and because of that they purchased a larger amount of bitcoin and after some weeks the price of bitcoin get decreased and till today they have never recovered they money lose...using when the price of bitcoin is at six nine thousand [69k] last two years and many people purchased bitcoin thinking that the price will continue increasing...some of them that invested because of that ends up sold their bitcoin on panic because decrease occurrence in bitcoin.

It is not a temptation or a trap but I consider it as an indication that we are heading to a bullish market. Of course, I don't think about  ATH as it was not the right to think about it. However, whatever the reason for the current pump, I know we are all happy to see it, especially those who have held it for many years. Maybe we could say it was a little bit surprising as the price of Bitcoin has been staying at $26k-$29k for several months but yes, we can't predict the market and this is what we have now.

Even if it's not the "real" bull, I still believe it's a bullish momentum. Just take a look at what we've got left of this calendar year and into the halving year and you'll realize how close we're already to that moment. The bull spirit is blowing everywhere now. Anyone still dillydallying on buying to hodl will soon be in regrets. I don't see Bitcoin hitting anything below $20k this year any more. We can have price correction and retracement, no doubt, but I don't see that causing any scare. One can safely say we are in a bull run.

Isn't this really meant for speculation? whether it's wild speculation or using sources? Because in reality, whatever factors drive Bitcoin prices, they are always not far from the Halving cycle. While what is different here is that in the coming years, mass adoption will increase higher than before creating a stronger push for prices.

It turns out you are also speculating without any sources.  ::)

So, no need to worry about anyone and with any speculation you definitely have your own way of measuring the possibility of an increase or decrease. For now Bitcoin is very stable at 34K, always be realistic and ready when the price goes down or up and you have a predetermined position.

As you say, even if there is no real bull, we know we are approaching bull season. That's why we need to make our moves accordingly. The price can always fall in the market and this is a very normal situation. I think it can recover very quickly when the price drops.

While the bull season is so close, I think our primary goal is to buy Bitcoin. The time is approaching.

At the moment,  Bitcoin has established some form of stability in the market and how we react to them at some point,  although there have been several attempts to make room for so upward price movement and at that point, the bear market always put up a strong resistance which has limited Bitcoin to around $24k price with all the several attempts made to keep bitcoin price at above 35k price for a long time.

Anyway,  the current price is still far better than what it was in the last couple of weeks or months ago.

You cant really be able to blame out people on having those kind of impressions about bull trap or fake out or would really be that totally a market switch or pump.There's no way on determining those things or making some conclusion that this might be a fake out or break out which it would really be that normal that there would be those people who would really be that skeptical on the time that they would really be seeing such movement like this on which you would really be having those doubts that this might be a trap.Yes, it could be possible but we know that it could be also that this is truly a real pump in the market due to demand and recognition or just because of those positive sentiments around.

Therefore, selling out or holding your position would really be that depending into your own discretion because not all would really be that having that risks taking consideration
on which there are some might be playing safe and there are ones who do really love on diving on something risky on which it would really be varying.
We've seen different market conditions if you've been here on this market for a while where ups and downs is never been predictable in the first place and this is why you would really be doubtful
if the price do really move out that fast on a certain period of  time.

The price of Bitcoin seems to be increasing as the halving gets closer and this is an indication that people are accumulating rather than missing out on the chance. As the price started to pick up high, the more we speculated that the market would go bullish next year. It can be possible as per see but I could agree that it was too early to think about and might be possible for some price corrections before it happens.
The current surge will tell us that the Bitcoin price will always recover so there is no reason to become hopeless when crisis comes.

Yeah and I think the only reason is that investors are slowly building up their portfolio as they prepared for the next block halving. Similar to what we have seen in the last pre-halving years. Even if we are in the pandemic during the halving, still though investors continue to accumulate regardless of what is going on that time around the world.

And with that, the same cycle continues, we still have 5 - 6 months before the halving so that's a lot of time for us to accumulate still.

Price is still at a discount as it is at $35k, because their is a prediction that the price could go as high as $100k++ so there are still profits going to be made by buying at today's market value.

If someone knew the correct answer to this question then they would definitely be able to make their maximum investment and get profit in this bullish market. There is no guarantee in the trading market where a person can invest without any tension. A bull run is definitely expected in recent times. But this bull run can stop anytime especially if the ETF is not approved. At that time we may again see a temporary bearish sentiment. But I am sure that if this bull run is not real we will see a bull run soon. And we have to wait till the first week of January to understand whether this bull run is real or fake. If the market is bullish at that time I can be almost certain that this is a real bull run. We are not going through any artificial bull run.

The Halving during the pandemic has a different moment of course from the Halving that will happen later.
During the pandemic many people were WFH and many put their money into investments such as Bitcoin and this pushed the price of Bitcoin even higher with many new investors coming in.

But for this time, we will once again go through the Halving but people are also very enthusiastic because they already know what Bitcoin investment will bring when Halving.
We will see a new trend that will occur when next year's Halving occurs.

The current price is still discounted and still half the price of the last ATH.
Entering at the current price may still be good enough with the assumption that the investment will be used as a long-term investment.

$100k++ is indeed the target of almost all investors today and I am also targeting that price and even more.
It will be a new era of Bitcoin with ATH that will make Bitcoin history.

Look at how the market is currently doing on Fear & Greed, Greed is very strong and this indicates that many investors are coming in and getting ready for the market surge when the Halving happens.
https://www.talkimg.com/images/2023/11/02/twY7z.png (https://www.talkimg.com/image/twY7z)
https://alternative.me/crypto/fear-and-greed-index/

The greed index is increasing and is quite high while we are still in bear season, is this a good signal for the market or will it be a pre-set trap waiting for those who are too Fomo? I know everyone is happy and excited that bitcoin has surpassed the $35K level against many people's doubts. But is it time to tone down our excitement when the greed index is quite high? This is just my speculation but I'm starting to think a correction could happen at this point because people are crazy thinking the market will continue to rise.

That correction is bound to happen no matter what the current state of the market is.
The high greed index will turn into fear when the correction starts.

Looking at the chart in the 1H time frame the correction occurred when it almost touched the price of $36k,
but after that, it was able to be reversed and fell to the bottom of the $35k support.

We will still see whether the $35k support defense is still strong or not.
It is in a flip trend area that the market trend may change and once again try to break the nearest support.
https://www.talkimg.com/images/2023/11/02/tAQ0P.png (https://www.talkimg.com/image/tAQ0P)

and the market will not continue to rise, correction is needed to strengthen the foundation to reach the highest price again. 

It's a good idea to keep buying before it's too late, because buying in the bull season will be quite difficult for anyone, especially since every purchase must always use much larger capital for a certain amount. Meanwhile, currently it is still quite affordable for everyone to buy Bitcoin even though the price has reached $35K, which in general is slightly more expensive than the price of Bitcoin in the previous months of this year. I am still optimistic that the increase will continue to occur in Bitcoin even though some people are still reminded of the sudden price drop that could occur again.

I don't believe there is a significant decline after the increase that occurred last week and currently it is proven that the price of Bitcoin tends to be stable without any significant movement after the increase, the price of Bitcoin continues to be around $35K.

To continue buying at $35K is not bad because it is very likely that we will be closer to an even bigger bull run than what has already occurred.
I say this in spite of the many speculations of many people with various assumptions which in my opinion are quite logical, indeed no one can predict it with certainty but we also cannot sit idly by without doing anything, therefore we must take action to be able to enjoy it with pleasure. what will happen in the future or vice versa.

This isn't temptation, it has already gone up enough to call it a bull run to be fair. I get that not everyone believes the same thing and you may look at it differently but that doesn't change the fact that we are going to end up with a different result, this is going to be just what it is.

I think it would be something quite difficult to change it one way or another, and to do that we need to end up with a result that should be a little different as well. Bull run is what we have seen already, and in order to call it not a bull run, we are too late. We could say that bull run could end? That is always a possibility, no bull run continues forever and eventually followed by a drop, that could happen of course but that doesn't make this a non-bull run.

I would say it would be nice to keep accumulating until the new ATH is coming around. After that, it may not be so smart, or you can still keep doing it if you prefer but it is really not all that as a "must" thing. I will keep on buying bitcoin until it reaches 70k, I do not care what the price is, I bought when it was 40k, I bought when it was 20k and I am buying now and I will keep on buying when it is 60k as well. After 70k? I will see what I want to do, I am not entirely sure about that part, I feel like I would buy some more, but maybe I will stop.

At that point you reach to a level of unknown because I know that we are going to be over 70k but I am not sure how over, would it be 80k, would be 100k, would it be 150?200? No idea, and truth be told I also do not believe anyone when they say they know where it will go either, they are lying if they are saying they "know" where it is going to go. This is why we should not be really expecting much from them.

You said Bitcoin will move sideways in few weeks yet you are of the opinion it will reach $40k before the end of the year, do you still remember we have roughly eight weeks for the year to end? I'm trying to make sense of the information you provided.
Even though many people still think that the bullish moves might just be a trap, think about it this way:

Bitcoin halving is happening in less than six months;
Bitcoin ETF might get approved in January 2024, which is less than three months from today.

With these information,  do you think people will not be motivated to buy and not sell? Well, you should know better.

Seems like a real bull to me. Markets around the world seem to be celebrating that the rate hike cycle appears to have ended for now. I haven’t seen as many failures as I expected and the housing market is still way too strong, but maybe they’ll pause here for a while and let people start feeling the pain. Those with decent financial situations are cheering that easy money times seem right around the corner again.

I think we will have a good crypto move up.

$40k price isnt really that too far as we do all know on which +$5k movement doesnt really take long or be that much too far, we do only need some positive news that would act as a catalyst for us to hit up that 40k
and yes its true that we do only have 8 weeks left for this year to end but basing up or looking into those price opening and closing charts on each month then it does really shows that this month is likely to be red
and so as December on which im not really that much putting up myself on being that too positive about some increase but rather i would be expecting that there might be some other sideways movement
as of this moment.
Well, this market is never been predictable in the first place on which there's no such thing about patterns or whatever forms that you are really that seeing in the past. The market could move out following it
or totally that opposing such thing. For now then it would really be that so hard to tell on where it would be going but its not bad to take up positions as of this current price considering
that bull run event isnt really that too long but expect that it would really be that on post-halving months which we do all anticipate.

yes, we will welcome a nice crypto bull run later, this will get everyone excited.
The month of October closed on a positive note with Bitcoin's current price above $34k++ and has gained more than 20 percent since October 1 at $28k.

It's no surprise that October has always been an up month for Bitcoin and this will probably translate into November, which has been bearish for the last 2 years.
If indeed a bearish trend exists in November then we will have the opportunity to buy the dip again.

Regardless of these predictions, Bitcoin halving is getting closer and this will trigger a positive trend for Bitcoin to continue to strengthen.
It is possible that the price could reach $50k before the halving occurs.
An important factor that has historically impacted the scarce supply of BTC and could eventually theoretically catapult the price.

OP how surprised are you beginning to be now in November, that you have seen Bitcoin go higher than the $29k that you were surprised by last month?

Are you beginning to have the feeling of a bull run or do you still see the recent rise of Bitcoin as a temptation not to fall in? Regardless of how you currently interpret it, I want to tell you that the bull run is getting ready to be on the move, and it is not a tempting move that will get you roasted with losses

What we experience now doesn't look like temptation. There is real growth happening in the market with corrections taking place in between. Days back crossing $35k price barrier looked like a long way move, but the market gained resistance and crossed it marking the ATH price of the year. Now the price have fallen down to $35k and this is common move between specific price range. Based on altcoins volume on exchanges, it looks like there is chance for altcoin season. So the complete market have turned healthy and what is happening now is the seed of upcoming market movements.

Bitcoin is showing some bullish signs, now this may not actually signify a bull run is imminent but it is a good sign for those that have already ended their accumulation and they are simply waiting for the bull run to come.

However I feel there is still some time left before that happens, but time is running out, investors really need to end their preparations already, because once the bull market starts that is simply the moment to relax and be happy about our preparations finally producing the profits we expected.

Yes, time is running out, but I think at least in the next six months, we can still accumulate as the price could be just ranging from $30k-$50k. I think that is still very cheap as compare to what we are all predicting, at least 6 digits and it could be more than 100% profits for us.

So if we have the capital or at least have patience, and then long at the grand scheme of it all - profits in the future. And with that, just continue to accumulate no matter what the price is in the next six months and just be prepared for the bull run in 2024.

I am not seeing a temptation nor a real bull run, but I believe what is happening now will certainly lead into a real bullish market that is happening soon. The reason why I need to prepare more my investment portfolio and continue to DCA as much as possible. Regardless if the price is now quite expensive, that does not matter as I am always into long term hodling and just only sell when the market is certainly bullish and bitcoin price reaching its new all time high that we all have been waiting for.

To be honest, Im not seeing any market temptation but I can't also tell that what is currently happening is a real bull. It's just that there are some positive factors that have hit the market and made it look more bullish in our eyes. But I can say that this is the start of seeing the market in a bull run as bitcoin halving is getting near and we are expecting a highly positive outcome every after bitcoin halving.

This is the best time to accumulate more bitcoin and do the DCA. But if we will witness a price drop later on, for me that opens another opportunity for us to invest more since it might be the last price drop that we will witness before the real bullish market is set to happen.

Most of us here think that we're not be going to bullish and besides, it was too early to think about while the halving hasn't come yet. Whatever the reason for this pump, still we could say that the market remains unpredictable. Still, we have no assurance that the current surge will continue before the end of this year in fact, after a few days from the pump, it started to show some decline already which means that after the surge, people selling off their coins already. That is why I have no confidence yet for the bullish to come, not this year.

We know that people would really be finding out their best or sweetest spot on making some entry.This is why it would really be that normal that they would really be that keep on waiting for that proper or right time which we know that there's no way that we could really be that able easily know on which spot yet the market would really be that always random and there's no way on spotting out on where prices would be making out some pumps or on when it would really be that making that huge dump. There's no way that we could be able to spot out those numbers and this is why on each step that we do make would really be having that corresponding that risks taking that we are able to make. We cant really just that easily make out those kind of decisions which we do always have that kind of hindrance.

Now we are really that moving sidewards on almost 35k point or level on which we can assume that this is really that the resistance that we do really need to break. It might take up sometime but pretty sure that
it would be easily be broken on the time that bull run do happen. It is something inevitable but of course we do know that there would really be no assurance since this market could really
be having that bull run effect or not for this upcoming cycle, no one really knows.

Could it be a real bull or just a temptation, I think that does not matter anymore because I always believe that every price of bitcoin is significant and that the present price has something to do with the future price of bitcoin. Although its undeniable that we still get to see market price decline in the next few days but we all know that it's always temporary and bitcoin price will eventually recover afterwards.

However, with bitcoin halving that is soon to happen in the market, then obviously we are heading into a bull market soon but we can't tell exactly as to when it's gonna happen as the market remains unpredictable every single day.

Many people want us to say that we are in the bullrun or bullish because they are confused of bitcoin being in a bullrun or bearish, so bitcoin is having positive and that positive bitcoin is having in the market I will say that we are in the bullrun because the price of bitcoin now and like a month ago is not the same, so theirs increased in the price and secondly the price continues to accelerate from one level to another level, so therefore I believe that bitcoin right is at the increase state and its in bullrun in other way of understanding.

It really depends on how you look at it, maybe for some it is bearish, as technically we are. The bull season starts right after the halving and it is still months before that activity and that's why the bearish outlook.

But if you are going to zoom out or at least look at year to year, lowest low is $15,500 and right now we are about in the $35k'ish. So that is already a huge jump, more than 100% increased in just 12 months so that is a case for a bullish trend already.

Nevertheless, it's only the beginning, we have the halving next year which is the catalyst for a eventual bull run 2024-2025.

We consider that the market reality is having a positive impact on increasing to the next level, the increase reached more than 10% on the same day, so we think the market is bull run or bullish but not assuming that the market is rising is just a temptation. Another supporting aspect is that some positive news will come soon ahead of the halving period which will trigger market acceleration to reach high prices in a few months. I think we must immediately correct thoughts that are not correct in assessing the market, it is just a temptation, they will always fail in investing because they are hesitant and they will regret not having assets when the Bitcoin price has reached $50k.

Honestly, if you know how to identify market structure you would say exactly that the market is bullish. But the bullishness we experience today is different from before. It's because there are no visible resistance in Bitcoin that could make the price difficult to increase impulsively, unlike this year's bull market there are so much resistance already that's why it's slow down a little bit. I believe that when the price creates new ATH it would go up drastically because there's no visible resistance we have seen in the market. So the kind of bull run that we want possibly happened next year if it breaks the ATH price.

Since the time the market cross thirty thousand its when it show a sign of positivity in the market,  if we are contradictory bullrun and bullish in this increase, I will tell you that we have to understand that bitcoin have totally increased to extent that we don't need to microscope the bullrun any long, right now bitcoin is in the state and stage of a bullrun because of its price right now, their is something I wanted us to understand and what I needed us to know about bitcoin price, so whosoever that wants to invest should invest and whosoever that believe that bitcoin price is not in bullrun should also believe so because their is every tendency that market of bitcoin can change to positive or negative.

But we are hovering on 34k+ price on which we cant even tell if it would be able to break that 35k or we would really be that staying for long within these levels and everything would really be that depending
on how this market moves and the demand of course. The thing i do have in mind is on when that huge correction would happen before halving event. Usually this do really happen and that would really be
indicating on whats the possible bottom price of this current cycle. If it would really be just that having only that $15k or would really be much lower. Temptation or bull trap?
This isnt something new and if you are that someone whose really that been new into this market then you would really be normally having that kind of reaction
but if you've been here for a while then you are already get used to it.

This is not the real bull it is an indication of the bull to come. This one is clearing the way for the bull to come. So if got you time to accumulate more now that is still low. Now the market is $35+k  and is still rising and that means the bull has just begin but the real bull will come after the halving in 2024. This one is just to make the way smoothly to the real bull to come. Op you have to know that the real bull will never come when the halving has not started. So the matter how the price is high, it is not the bull market but preface to the bull.

Many people are taking this as the bull because this their first time of seen bitcoin price high like this.