BIN-BIN (OP)
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October 02, 2021, 04:07:03 AM |
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We don't know that yet since there's a lot of negative news regarding bitcoin and little to no good news to affect the movement of the market, hopefully we can see bitcoin being able to make some bullish move this month but I don't have to worry too much about it.
Sometimes I don’t believe the news that is spreading around that is responsible for Bitcoin price movement at any point in time, bitcoin has gone above the stage where just any news affects its price I think the traders and whales are responsible for whatever price action we see in the market.
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traderethereum
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October 02, 2021, 04:35:48 AM |
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We don't know that yet since there's a lot of negative news regarding bitcoin and little to no good news to affect the movement of the market, hopefully we can see bitcoin being able to make some bullish move this month but I don't have to worry too much about it.
Sometimes I don’t believe the news that is spreading around that is responsible for Bitcoin price movement at any point in time, bitcoin has gone above the stage where just any news affects its price I think the traders and whales are responsible for whatever price action we see in the market. We already see the bitcoin price increased at the beginning of this month and hopefully, that will not stop at the current price now but still increase more. The positive and negative news will always happen to the market and as long as we can stay calm and not panic, we will be able to use that moment for our benefit. No need to think much about what the whale did because if you can follow where the whales go, you can expect to make a profit too. Bitcoin itself will be up and down many times but somehow, the news sometimes affects the price but that will not always affect it.
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OrangeII
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October 02, 2021, 08:37:13 AM |
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The month Of October started on a good grand for Bitcoin as its price raised significantly in the late hour of the 1st of October a move many analysts have predicted to be the full return of the Bitcoin bull market.
I also expect to be bullish this month, at least the price will reach $55k again. based on price prediction analysis on cointelegraph said that this month, the price of bitcoin could reach the price of $ 63k if bullish occurs. it would certainly be the new ATH, or close to the ATH for bitcoin. however, in the near term, it is estimated that the bitcoin price could reach $52k. that's a great starting point. however, in the event of a bear market, there is a possibility that the price of bitcoin will reach back down to the price of $44k to $46k. source : https://cointelegraph.com/news/price-analysis-10-1-btc-eth-ada-bnb-xrp-sol-dot-doge-luna-uni
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Jating
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 02, 2021, 08:42:12 AM |
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We don't know that yet since there's a lot of negative news regarding bitcoin and little to no good news to affect the movement of the market, hopefully we can see bitcoin being able to make some bullish move this month but I don't have to worry too much about it.
Sometimes I don’t believe the news that is spreading around that is responsible for Bitcoin price movement at any point in time, bitcoin has gone above the stage where just any news affects its price I think the traders and whales are responsible for whatever price action we see in the market. Yeah, but the news that we are reading regardless of positive is negative is one the move the price with the help of the whales. Bitcoin is a speculative asset and any news going out the public are affecting the sentiments of the investors newbies or experience a like. So as much as we hate it, there is still has an impact on the price. Of course, dent could be short or long term, but still we can't discount the fact that everyone is riding on the news, thus FOMO'ism.
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cryptomaniac_xxx
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October 02, 2021, 09:06:26 AM |
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Isn't it lovely to see a 10% pump in the last 24 hours? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . Timing is perfect as I need to sell some because I needed to buy something. In any case, I do hope that this is the start of a big bull run before the end of the year. There could be a lot of good and positive news. Next month will be the FOMO, specially the Taproot proposal going live or implement. So let's see if the S2F model are going to happen this year, 6 digits or $100k for the first time will be the biggest achievement for us in the last 10 years or so.
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palle11
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October 02, 2021, 09:58:39 AM |
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The month Of October started on a good grand for Bitcoin as its price raised significantly in the late hour of the 1st of October a move many analysts have predicted to be the full return of the Bitcoin bull market.
Usually the times of the ending of the year is highly volatile so we should expect that the prices may rise. The rates of investors usually also increase because some want to make quick money out of the season and that will push price. The new week of the third quarter began with a sign of bull , trading now is high and new records might be set.
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ILuckyGuyI
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October 02, 2021, 10:09:14 AM |
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For October, one of the things that we are waiting for to happen is the "Golden Cross". If there is someone who doesn't know what it means, I can explain it in short like this: Golden Cross is a pattern actually. We have short-term and long-term average prices. When the short-term average comes across the long-term average and gets past it, the incident we call as Golden Cross happens. And when it happens, we are very likely to see a big rally in the price of Bitcoin and actually the coins in the market in general also as Bitcoin's movements will effect them. Or maybe we will be able to see a bigger thing than a rally, I mean a bull run. So, I'm keeping my hopes up about this month.
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kotajikikox
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October 02, 2021, 10:42:45 AM |
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The month Of October started on a good grand for Bitcoin as its price raised significantly in the late hour of the 1st of October a move many analysts have predicted to be the full return of the Bitcoin bull market.
when you say full return of Bullrun this is something Hard to expect since the run is just peanut comparing to the losses for couple of months now. Yes there are some pump when October starts but don't you think this is another Trap from the whales? i mean they are fooling people again to believe that start of last quarter is worth investing but then will full the price down ?
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Reid
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October 02, 2021, 11:22:23 AM |
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It's just the start. Let's hope it can maintain a good and slow bull until December where most likely a dump will happen again for the need of money/fiat. I think many speculators have come up with the same analysis for quarter 4. Most likely using history basis and the fact that it was dumped for a big amount after we reached the ATH a few months ago. What comes up must go down and vice versa is the behavior of Bitcoin since old times.
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Ararbermas
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October 02, 2021, 12:39:46 PM |
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The month Of October started on a good grand for Bitcoin as its price raised significantly in the late hour of the 1st of October a move many analysts have predicted to be the full return of the Bitcoin bull market.
actually many people expecting a good bounce in bitcoin on this month of october because of some sign that keep bitcoin looks very interesting despite of the situation of the market after the take over of bear. and in fact many analyst saying that the bear market will not last during the downtrend, so probably that's what happening right now wherein the market is in bullish mode again. And mostly were good news.
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dimonstration
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October 02, 2021, 03:21:37 PM |
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The month Of October started on a good grand for Bitcoin as its price raised significantly in the late hour of the 1st of October a move many analysts have predicted to be the full return of the Bitcoin bull market.
actually many people expecting a good bounce in bitcoin on this month of october because of some sign that keep bitcoin looks very interesting despite of the situation of the market after the take over of bear. and in fact many analyst saying that the bear market will not last during the downtrend, so probably that's what happening right now wherein the market is in bullish mode again. And mostly were good news. Starting the month right but we must be careful enough whether to sell it now or wait a little longer, it will be a deciding point if this month can be a selling period but taking profit and being able if there is some dips can be done as Q4 of the market usually shows good sign of profit even in the past years even there are negative news and pandemic happeining.
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RealMalatesta
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October 02, 2021, 04:17:18 PM |
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We already see the bitcoin price increased at the beginning of this month and hopefully, that will not stop at the current price now but still increase more. The positive and negative news will always happen to the market and as long as we can stay calm and not panic, we will be able to use that moment for our benefit. No need to think much about what the whale did because if you can follow where the whales go, you can expect to make a profit too. Bitcoin itself will be up and down many times but somehow, the news sometimes affects the price but that will not always affect it.
Momentum of bitcoin will always be something that is dangerous to play with, obviously it is not as easy as just following it because sometimes people take a miss step and go on the other direction or way too late to follow the momentum but it is still the best way to trade if you are a trader. It may take a while to master it, but eventually everyone would get better at it as long as they are patient enough to keep on grinding and getting better. So, the best thing you could do right now would be to learn how to follow the trading trends and then making decisions based on those type of movements. Not like it would be profitable at all times, even on greatest periods there are times when we all lose money, we are humans after all and do make mistakes, it is bound to happen.
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$crypto$
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Smart is not enough, there must be skills
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October 02, 2021, 04:28:48 PM |
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The month Of October started on a good grand for Bitcoin as its price raised significantly in the late hour of the 1st of October a move many analysts have predicted to be the full return of the Bitcoin bull market.
when you say full return of Bullrun this is something Hard to expect since the run is just peanut comparing to the losses for couple of months now. Yes there are some pump when October starts but don't you think this is another Trap from the whales? i mean they are fooling people again to believe that start of last quarter is worth investing but then will full the price down ? Actually we hope for the best in October and beyond but still we have to be wary of the correction after it, therefore I will remain vigilant and to hold back a little buying and it's better to sell a little from my portfolio. And whenever I have to invest, it's actually never too late regardless of being fooled by whales or other types of manipulation, so I think it's a natural thing, later it will be pumped again. I will remain optimistic about where a lot of people say about the decline, so I invest for the long term. October will be full of hope. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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aoluain
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October 02, 2021, 04:38:51 PM |
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Generally the Q4 for crypto is very bullish. And this is what everybody is hoping for. Similar to how everybody in 2018 was assuming Q4 would be bullish and would push us away from $6K and into a new ATH of $20K and instead the opposite happened.
Its hard to say this will happen. What is different now from 2018 is that back in 2018 if I recall the funding rate is neutral or a little positive, right now its the opposite. Its either neutral or little negative. Which means in 2018 people were leveraged long and now people are leveraged short a little. Usually when this happens the complete opposite is in store for the bear. However I really think that we might get a 2013 repeat where we peaked in April and then peaked again in November. However I am unsure if we can breach $100K. Maybe top will be like $80K or something similar.
Yes historically following a halving Q4 the following year is bull territory, most will be familiar with the 2017 run from around $4000 in early October to $20,000 in mid December. Planb tweeted today that he forsees the bull tun to continue for the next 6 months, this leaves me feeling very bullish for this querter at least. https://twitter.com/100trillionUSD/status/1444228421228417024?s=20On-chain analyses finished tonight: IMO we are midway, no sign of weakness (red) yet. Note color overlay is not months to halving but an on-chain signal. My guess: this 2nd leg of the bull market will have at least 6 more months to go. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FFArszm1XEAs5eis%3Fformat%3Dpng%26name%3Dsmall&t=665&c=lq_6aIM9OxSAtQ)
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bittraffic
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 02, 2021, 04:50:48 PM |
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A day before the price goes up an article about Elon Musk suggesting the government do nothing to crypto which I think had been granted which made the price going to the moon. It's really revealing to the people right now that they are looking for an investment that could hedge against inflation and preserve their wealth.
But will this bull recovery end after December?
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Furious 7
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 02, 2021, 05:36:03 PM |
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A day before the price goes up an article about Elon Musk suggesting the government do nothing to crypto which I think had been granted which made the price going to the moon. It's really revealing to the people right now that they are looking for an investment that could hedge against inflation and preserve their wealth.
But will this bull recovery end after December?
Even that is now not a ban in a United States country this will certainly lead to a good impact where investors believe more in cryptocurrencies as the currency they have to invest in, I see several countries are watching cryptocurrencies, this will even make implementation possible will be validated from time to time. But every time there is positive new news then it can be a bullrun and this happened at the beginning of October which was a good month, but I believe in December there will definitely be a new surprise where we will determine whether this will stabilize or be more severe.
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freedomgo
Legendary
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Activity: 3192
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 02, 2021, 05:54:07 PM |
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The month Of October started on a good grand for Bitcoin as its price raised significantly in the late hour of the 1st of October a move many analysts have predicted to be the full return of the Bitcoin bull market.
actually many people expecting a good bounce in bitcoin on this month of october because of some sign that keep bitcoin looks very interesting despite of the situation of the market after the take over of bear. and in fact many analyst saying that the bear market will not last during the downtrend, so probably that's what happening right now wherein the market is in bullish mode again. And mostly were good news. Starting the month right but we must be careful enough whether to sell it now or wait a little longer, it will be a deciding point if this month can be a selling period but taking profit and being able if there is some dips can be done as Q4 of the market usually shows good sign of profit even in the past years even there are negative news and pandemic happeining. It's always supposed to happen that as the Q4 comes, it will be the start of a bullish season, or if not, the market shows good signs of profit. But who knows? This year might be different. However, i don't want to look into the negative side, but rather focus on the positive one. Bitcoin has been very profitable even when the year has just started and hopefully this will also end the same way. The adoption of bitcoin has been increasing gradually and maybe we can expect that at by the end of the year, another country or nation will adopt bitcoin and eventually will use it as a legal tender. The market may still be uncertain in the next days, ups are downs of prices are to be expected, but at the end of the day i know bitcoin will definitely be in good shape again.
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haidil
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October 02, 2021, 08:18:24 PM |
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That's probably the case, hopefully it does give pretty good color in October to the end of a good year. Although we can't be careless and seem to feel safe. Because Fud who came also became a benchmark for lowering the price of Bitcoin. Currently the price increase is somehow caused by bad news or what? I haven't explored it further.
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traderethereum
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October 03, 2021, 02:54:04 AM |
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We already see the bitcoin price increased at the beginning of this month and hopefully, that will not stop at the current price now but still increase more. The positive and negative news will always happen to the market and as long as we can stay calm and not panic, we will be able to use that moment for our benefit. No need to think much about what the whale did because if you can follow where the whales go, you can expect to make a profit too. Bitcoin itself will be up and down many times but somehow, the news sometimes affects the price but that will not always affect it.
Momentum of bitcoin will always be something that is dangerous to play with, obviously it is not as easy as just following it because sometimes people take a miss step and go on the other direction or way too late to follow the momentum but it is still the best way to trade if you are a trader. It may take a while to master it, but eventually everyone would get better at it as long as they are patient enough to keep on grinding and getting better. So, the best thing you could do right now would be to learn how to follow the trading trends and then making decisions based on those type of movements. Not like it would be profitable at all times, even on greatest periods there are times when we all lose money, we are humans after all and do make mistakes, it is bound to happen. As long as they are still patient with their trade and figure out when the momentum comes, sooner or later, they will get it that. The more people trade, the more experience they will get from trading, which can help them improve their analysis and skills and make them master it. Learning trading will not stop, even if you become a pro because we know that the crypto market will always change from time to time, so by learning more, we can follow the trading trends and have a chance to make a profit. Losing the money will be part of our lessons to learning trading and that is worth it if we can know how to prevent the loss so that it will not happen in the next trade.
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Rajamuda
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October 03, 2021, 03:16:01 AM |
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Hopefully that's the case, and there are no negative issues that shake people's confidence or many people's intentions when it comes to investing. The price movement does look like it's entering a higher direction again, we'll see if it really continues to touch higher. Although it is not certain yet ahead, in my speculation.. the market will look better than before, many people will definitely start re-entering their investments, or making new investments.
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