How do you explain the October pump?

[LUCKMCFLY]

Bitcoin's price might have another ATH above 70K by end of this month November 21 and 75k to 80k by end of December 21.

We are already at the end of this month, sorry I doubt the price can be above $70k. I just expect that the Bitcoin price returns above $60k, so we have a chance to see Bitcoin make a new ATH. Now, Bitcoin price gradually increases and just achieves around $57k. I think it is a good sign that we may see again another pump in Bitcoin price. Finally, I can smile after seeing BTC price so badly in the last few days.

You are right, although the price is very oscillating, apparently when seeing the trading volume it is little and the sale is overwhelming, almost that from $ 57k is going to $ 56k, I do not know how much the fact that there are not many whales can affect Interested in raising the price, or it may be that they are waiting for the right moment to go up, if we look to see when it is appropriate to invest only those who have large sums of money do so, for now they think that they should be very careful .

[peter0425]

Everyone was blaming September for the dip like it was a dip holiday and just waiting for October for the pump. And as soon as October came - and I mean literally, like the first day of October - prices started to go up and it started to pump. How??

So now we need to blame November because of another Dip? this has been what is the market showing now so meaning we cannot just blame each month with dip while we are not praising the month of pumping.

I would say its a correction which usually happens before a huge pump and thats what I feel. Bitcoin's price might have another ATH above 70K by end of this month November 21 and 75k to 80k by end of December 21. The play from whales is in place and yes another reason is, the number of investors have come into crypto currencies. Seeing this, I believe, Bitcoin is moving to next milestone and yes an year by now, we could see the unexpected thrust for Bitcoin and other cyrpto currencies.   

No this is not a correction because we already have corrected after the below 30k dumping so meaning this is not about correction , there is a  force that at some point manipulating the market.

[Kemarit]

we are all wanted increase , all our prayers are answered when 2021 arrived but not all  months brings us increasing part.

but what we are asking at least this December make another difference from the previous months.

That's an undeniable fact but we shouldn't expect that too much, well, on my own perspective I just HODL and if there's a budget I DCA may it be an up or down, no-brainer thing. You can't decide what the market may make but this is a waiting game and it requires everyone's patience and that never gets old here in crypto even other assets people invest in.

I guess for now we really have to understand how the market moves, it was just the FOMO that pushes the price to $69,000 and after that it's all downward spiral.

Nevertheless, those predictions of 6 digit is just arbitrary numbers to me, it could be a hit or miss. And chances are, it will be a miss just like we have seen at the end of 2021. No $100,000 for us, nevertheless this price could be hit but not this year.

[StreakW]

Everyone was blaming September for the dip like it was a dip holiday and just waiting for October for the pump. And as soon as October came - and I mean literally, like the first day of October - prices started to go up and it started to pump. How??

I think the big pump factor in the bitcoin price last October was due to the high public trust in bitcoin fundamentals and also the increasing number of large companies adopting bitcoin. Although in September the decline in bitcoin prices occurred due to the Evergrande case and the ban on China, but it did not have a serious impact on Bitcoin where we saw in November bitcoin set a record ATH.

[bots1]

Then what about the November Pump and now that we are in December so there will be another pump will be recorded? 

I think it is Monthly pumping ? we have a increase in the last 2 months but the deciding factor is this December , and i think there are only 2 things that may come either A  Trapping or Bullying these 2 can happen any day from now.

Everyone was blaming September for the dip like it was a dip holiday and just waiting for October for the pump. And as soon as October came - and I mean literally, like the first day of October - prices started to go up and it started to pump. How??

According to my knowledge, one of the factors that made the price of Bitcoin rise from the beginning of October until the achievement of ATH was due to the Bitcoin blockchain update called Taproot to add smart contract functionality to Bitcoin. Therefore, with this Taproot upgrade, privacy and transaction efficiency will be even better. This increase in efficiency is certainly one of the strong factors driving a number of large institutional investors to invest in Bitcoin so that Bitcoin has increased.

Maybe right but maybe not .

But what about the November Pump?

Pump in November last year due to the continuation of the Taproot upgrade and some massive demand. and Of course one of the factors Bitcoin rose in November due to the increasing market demand which was very strong and also bitcoin began to be adopted by many large institutions so that the bitcoin price set a record ATH price in November 2021.

[dunfida]

Then what about the November Pump and now that we are in December so there will be another pump will be recorded? 

I think it is Monthly pumping ? we have a increase in the last 2 months but the deciding factor is this December , and i think there are only 2 things that may come either A  Trapping or Bullying these 2 can happen any day from now.

Everyone was blaming September for the dip like it was a dip holiday and just waiting for October for the pump. And as soon as October came - and I mean literally, like the first day of October - prices started to go up and it started to pump. How??

According to my knowledge, one of the factors that made the price of Bitcoin rise from the beginning of October until the achievement of ATH was due to the Bitcoin blockchain update called Taproot to add smart contract functionality to Bitcoin. Therefore, with this Taproot upgrade, privacy and transaction efficiency will be even better. This increase in efficiency is certainly one of the strong factors driving a number of large institutional investors to invest in Bitcoin so that Bitcoin has increased.

Maybe right but maybe not .

But what about the November Pump?

Pump in November last year due to the continuation of the Taproot upgrade and some massive demand. and Of course one of the factors Bitcoin rose in November due to the increasing market demand which was very strong and also bitcoin began to be adopted by many large institutions so that the bitcoin price set a record ATH price in November 2021.

People do already get used to into that kind of behavior when it comes to last quarter of every year on which they do really expect for some pump without any assured positive events or sentiments.

We've seen several situations and events on last year which didnt really line up on last quarter and happened earlier which it did really cause out on reaching out all time highs 2x in a span of year
which is already incredible.We could only make out and able to find out solid reasons when it already happened but talking on it before would be always a guess or speculative thing.