October Bitcoin bull month.

[Iron Fist]

According to Cointelegraph, the BTC bull run has "at least 6 months to go".

$50,000 may not come easily, but zooming out, there's barely a bear in the house when it comes to Bitcoin price action.

The Bitcoin/USD pair faces an increasingly bullish macro environment and a host of expectations from analysts who expect October to be a game-changer. In their article, Cointelegraph analyzed what factors could be next to move the market in the coming days.

• Markets brace for "tumultuous ride" this October - Stocks may have had a flat September, but the first few days of the new month have already shown how just a little good news can see Bitcoin outperform the macro pack.
• $50,000, but not yet - After clipping $49,000 over the weekend, Bitcoin is clearly lining up an attack on the all-important $50,000 mark
• New hash rate all-time highs trickle in - You can never know for sure, but by some estimates, Bitcoin hash rate has already hit new all-time highs.
• Halfway through? - It's no secret that Bitcoin’s best-known analysts are calling for a spectacular Q4 performance from BTC price action.
• Pricing in a Bitcoin ETF - As Cointelegraph reported, the odds are on for some sort of Bitcoin exchange-traded fund (ETF) to get U.S. regulatory approval this month.

[1714954188]

1714954188

[1714954188]

1714954188

[arwin100]

this is a good start in october, if the price continues to move up and can penetrate $50k, most likely in the next two months the price will continue to rise and can pass ATH this year. but as we all know that so far the price of bitcoin is very difficult to break through $50k, so it's possible that when the price approaches $50k the price of bitcoin will experience another correction.

Its hard to break since we need more volume as of now but if we are close to reach to that figures then its given that we will hit that price mark but for now hopefully there's no major interruption like china make fuds so that we can see some greatness this last quarter of this year but I doubt that we can reach the 6 digits figures speculated by some of the members here since I think this need a lot to take before that to be happen.

[dezoel]

Do not be suddenly happy that it went up, September started not that bad neither and then we know what happened. This is why I believe that there is a good chance we could end up with a bad fall later on the month as well. Not because it will happen, but at the end of the day this start also doesn't guarantee that it will be a great month neither, it is really different from each other.

I personally believe that it is not really that difficult to end up doing anything at all based on previous days, I would say do it based on your predictions for the future. Draw a line there a line here everyone draws charts and lines and make stuff up, if people could get rich by drawing lines then they would have already been wealthy by now and not be drawing lines, just look at the fundamentals and you will see that bitcoin would be doing something and you will get it too.

[Kittygalore]

Hopefully it's not going to be just this month and that the run will continue to go up and rally towards a new ATH and hopefully stagnate there for awhile and then do a run again. Hopefully by that time, I would have around .2 bitcoin with me so I can enjoy the the bounties of my hodling.

[STT]

Heres a bullish trend I estimate we need to hold to continue on a positive path, pullback to 48k would leave it feasible still.



We are above 50 day and 200 day averages but I think some hesitation is due rather then an immediate expectation of higher due to indicators such as the decline in the 200 day.    If we stay in these prices, above the July low or higher still then it should progress positively eventually.  The trend I post here is quite short term, for the fast move it represents I think it does need that we stay above in pattern with the green bars.

[Hypnosis00]

this is a good start in october, if the price continues to move up and can penetrate $50k, most likely in the next two months the price will continue to rise and can pass ATH this year. but as we all know that so far the price of bitcoin is very difficult to break through $50k, so it's possible that when the price approaches $50k the price of bitcoin will experience another correction.

Its hard to break since we need more volume as of now but if we are close to reach to that figures then its given that we will hit that price mark but for now hopefully there's no major interruption like china make fuds so that we can see some greatness this last quarter of this year but I doubt that we can reach the 6 digits figures speculated by some of the members here since I think this need a lot to take before that to be happen.

We can't stop these FUD's but this was not the issue this time since people had already been realized that was not the thing to worried about and to get panic. That we need strong support from the community and with the continuous adoption and legalizing Bitcoin, the bullish season will certainly come. But with the current situation were still facing the pandemic which is something it drives more adoption base on what we've heard, so it is likely we see this be going to happen, might not this month but it is possible this year-round.

[arwin100]

this is a good start in october, if the price continues to move up and can penetrate $50k, most likely in the next two months the price will continue to rise and can pass ATH this year. but as we all know that so far the price of bitcoin is very difficult to break through $50k, so it's possible that when the price approaches $50k the price of bitcoin will experience another correction.

Its hard to break since we need more volume as of now but if we are close to reach to that figures then its given that we will hit that price mark but for now hopefully there's no major interruption like china make fuds so that we can see some greatness this last quarter of this year but I doubt that we can reach the 6 digits figures speculated by some of the members here since I think this need a lot to take before that to be happen.

We can't stop these FUD's but this was not the issue this time since people had already been realized that was not the thing to worried about and to get panic. That we need strong support from the community and with the continuous adoption and legalizing Bitcoin, the bullish season will certainly come. But with the current situation were still facing the pandemic which is something it drives more adoption base on what we've heard, so it is likely we see this be going to happen, might not this month but it is possible this year-round.

Its still an issue since there are still people who believes it and we actually see a movement once big fuds came like what we see in China recently. We can only say that this will never be an issue if even those big countries fud bitcoin the price never move and keep pumping. But what good thing happening is people immediately realize that they are just been fool by the bad bews that's why many came back and hold, this is why we see bitcoin price recover fast then the phase change on thw market became bullish again.

[Twinkledoe]

Hopefully it's not going to be just this month and that the run will continue to go up and rally towards a new ATH and hopefully stagnate there for awhile and then do a run again. Hopefully by that time, I would have around .2 bitcoin with me so I can enjoy the the bounties of my hodling.

Or you can also buy in small amounts if you believe that bitcoin will have a good run in the next coming months. If you have extra, I believe it is worth accumulating but that is my opinion, still, it is your prerogative to invest in this market. Actually, I feel good that despite this China's bad news, bitcoin seemed to not be significantly impacted but instead it keeps on rising.

[batang_bitcoin]

this is a good start in october, if the price continues to move up and can penetrate $50k

Very much lively start for this month and we're about to go ahead and be back to $50k maybe within a few days.

most likely in the next two months the price will continue to rise and can pass ATH this year. but as we all know that so far the price of bitcoin is very difficult to break through $50k, so it's possible that when the price approaches $50k the price of bitcoin will experience another correction.

Hopefully that it will be the pattern and continuity of the bull run until the end of the year but much better if it will be continue up to next year. We still don't know if 2022 will be a better year or bad than this year but focusing for this month, let's be positive that it will a better month than September.

[TheEconomists]

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.

Well, the month of October for Bitcoin and other Altcoins started on a good note but that should not be grantee that the bull run has started anyway, despite the fact that you claim some "self acclaimed analyst" predict that this month is a bull run month and you didn't provide any link to where some of your acclaimed market analyst make that prediction.

[BuNga_cute]

Hopefully it's not going to be just this month and that the run will continue to go up and rally towards a new ATH and hopefully stagnate there for awhile and then do a run again. Hopefully by that time, I would have around .2 bitcoin with me so I can enjoy the the bounties of my hodling.

Or you can also buy in small amounts if you believe that bitcoin will have a good run in the next coming months. If you have extra, I believe it is worth accumulating but that is my opinion, still, it is your prerogative to invest in this market. Actually, I feel good that despite this China's bad news, bitcoin seemed to not be significantly impacted but instead it keeps on rising.

Your advice is quite good in my opinion, because I also received a salary earlier this month from my job and I bought some Bitcoin. Because I believe
the price of Bitcoin will go up very high by the end of this year, so this October hike is just the beginning. So for me the current price is still good to
buy Bitcoin, but there is no compulsion to follow what I do. Everyone has their own predictions, so there is nothing wrong with making decisions
in accordance with the results of the analysis that we each have done.

[kotajikikox]

Hopefully it's not going to be just this month and that the run will continue to go up and rally towards a new ATH and hopefully stagnate there for awhile and then do a run again. Hopefully by that time, I would have around .2 bitcoin with me so I can enjoy the the bounties of my hodling.

Or you can also buy in small amounts if you believe that bitcoin will have a good run in the next coming months. If you have extra, I believe it is worth accumulating but that is my opinion, still, it is your prerogative to invest in this market. Actually, I feel good that despite this China's bad news, bitcoin seemed to not be significantly impacted but instead it keeps on rising.

As long as you have the funds to risk it doesn't matter if High and Low amount but Invest in bitcoin.

this is the safest currency ever created, there are no coins that can break how high Bitcoin have reached over the years.

Invest in bitcoin or not but crypto will increase may this month or not.

[darkangelosme]

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.

No one knows dude, prediction of some famous people is i think kind of mind steamulation to control people's thought about Bitcoin, and as they expected many people will buy Bitcoin.

[Taskford]

Checking the history have seen that October month notably is a bull run story on most of the times. So if just going by that stats we can see btc crossing 50 k again. As well if we see from last couple of days market have started to move and btc is now at 48k. So is it just a beginning of an another rally?

Hopefully we can see the same scenario before since if we can reach up to the figures given maybe we can see another bull but if not atleast we are goinh strong for maintaining at this current price mark. Let see what will happen next since for sure most of the people are thinking about bullish especially when we heading at 4th quarter of the year.

That is what I like to see. Maintain.
Most of the time when Bitcoin goes bull in an extended period, an unexpected dump will happen that would surprise us and it won't even be near our technical analysis.
It dumps so hard that no one even predicted it. I can see a lot of analysis going beyond $80k but I rarely see someone expects at the lower range for a new bottom. It can happen, it does happen, that's why I am hoping this could be the slowest rise as possible for that "maintain" thing to happen.

Ber months is what other think as bullish season and historically speaks this is the season where we can see a greenish market condition but we should never expect any huge movement so that we will not get hype from certain movements since mostly the big ups we can experience is mostly happen on halving that's why eventhough we are bullish season we still need to know on where to secure our profit so that we will not regret if our expectation didn't meet this 4th quarter of the year.

[Kong Hey Pakboy]

That's not a guarantee but we can hold on to a hope that there's going to be a bull run this month. October isn't that famous as a month for bull runs so I don't believe that there's going to be a bull run this month.

[the ghabbar]

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.

For this month bitcoin is increasing, even the increase is quite significant, many analyzes say bitcoin is the year-end target to reach a pretty fantastic number, this indicates that many investors have begun to adopt the pattern in the previous year, where bitcoin was able to provide considerable value and almost all the analyzes that people make have a truth rate above 80% of the bitcoin analysis and I believe bitcoin will reach high numbers early next year.

[bitterguy28]

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.

sounds legit because bitcoin once again now breaks 50,000$ https://coinmarketcap.com/currencies/bitcoin/

and that has been not taking place for month now.

will this continue till the end of 4th quarter? or this is another trap ?

That's not a guarantee but we can hold on to a hope that there's going to be a bull run this month. October isn't that famous as a month for bull runs so I don't believe that there's going to be a bull run this month.

at least we are seeing something good again these days specially since tomorrow .

[fortunecrypto]

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.

Yes, it is, the price jump to 18.1% for the last seven days and still doing great right now, the month of October is the month of good momentum for Bitcoin even if some people think the month of October is not yet the month that Bitcoin will rise again and show it's strength, let's see what the market will bring now I still believe the momentum is high.

[el kaka22]

This 20% increase in the price for the past week is not a show of bull run that will be coming in the future. That is the problem people have in the crypto world and that is why people end up losing money. Just because we went with one direction doesn't mean that it will keep on going that direction forever. Sure it could go up, it could be even 100k from here, it could keep on skyrocket, who knows what will happen? Nobody can say that it will not be good at all.

However just because it went up 20% doesn't mean that it will keep going up neither, maybe it went up and stays here and then drops back to 45k? Just as how 100k is unknown, drop is also unknown as well. Anything could happen in the crypto world and I believe we should be a little bit more calm about all these moves, overreacting to each move will only end up with us losing money for being too emotional.

[Findingnemo]

This 20% increase in the price for the past week is not a show of bull run that will be coming in the future. That is the problem people have in the crypto world and that is why people end up losing money. Just because we went with one direction doesn't mean that it will keep on going that direction forever. Sure it could go up, it could be even 100k from here, it could keep on skyrocket, who knows what will happen? Nobody can say that it will not be good at all.

However just because it went up 20% doesn't mean that it will keep going up neither, maybe it went up and stays here and then drops back to 45k? Just as how 100k is unknown, drop is also unknown as well. Anything could happen in the crypto world and I believe we should be a little bit more calm about all these moves, overreacting to each move will only end up with us losing money for being too emotional.

Live the moment that is what bitcoin is saying to us.

After a long time bitcoin reached 50K which is really good and again ban from China has no effect on the cryptocurrency market for sure.