October price guess

[Oshosondy]

as we now enters October , yet the movement seems the same and no changes at all , staying at 19k level from last night till this moment?

Bitcoin price in the market can be like that, even while we have not entered into another new months. But within long hours to come, either it increased above $20000 or it decreased below $19000. But after that has happened, I do not know if there would be a significant rise or fall in pricre. I even want to go for swing trading option now, but I am really confused either to go long or short. If the long position failed, it can be turned to holding though which may be the best option to go for. But my sentiment is that bitcoin won't rise.

If we don’t get any strong indication, then this month also might end up like September.
Bitcoins are yet struggling to get above 20k usd and break the resistance.

Bitcoin may never get more than $20000 before falling back, all what I am thinking is that it can get below $20000 for a long time. I see $17500 to be the resistance, but a sharp fall might caused bitcoin price to fall more below $17500, but i think not this month yet. I do not know, but my presumption about it.

This is only happening due to the big whales manipulating the market and using it for their own benefits.
Nevertheless If Bitcoins tries hard and try to break the resistance, then definitely we can assume Bitcoins to cross 30k usd this month.
Let’s not expect something big, but still don’t lose hope on Bitcoins.

I can not say that whales are manipulating bitcoin, a patient person can also determine and know the trends. Like I have said before, I do not even think bitcoin would be able to cross $20000 successfully this month. It has been down trends since months now and before the uptrend would be significant, there might probably be a sharp fall in a way it will not take more than hours to days before we would have been noticing bullish market.

[adaseb]

You also need to realize that many retail are leaving and not enough retail is joining. Everywhere you go people are talking about the coming recession. Whether there is a recession or not. Many will be scared to invest, especially in crypto. Same is happening with stocks, very little liquidity right now.

Also the $18K is looking more and more like the $6k in 2018. If it breaks then all hell can break lose because this time there is going to be massive selling into a very thin bid book.

[Husires]

October will be a bottleneck because a relatively long time has passed since the bottom was formed, and therefore either stability near the bottom or the formation of new bottoms, meaning that we will remain in an area with a top of 24 thousand dollars and a bottom that is open to all possibilities.

[Viscore]

The bitcoin price prediction for October will continue, but no one will know whether it will be a sharp downward trend or a sharp increase because we have already seen how the market moves so far. Maybe the price range is still in the $18k-$20k, as @Kemarit said but we can expect a reversal from October.

And although there will be a lot of news like this month, I hope it will not affect the price of bitcoin too much and can still stay in the above price range or even give bitcoin a chance to start rising in the last 3 months of the year.

Even if bitcoin price only shows a slight increase, I still have high hopes that within this last quarter of the year, bitcoin will surprise us with a sudden price increase. And once accompanied with possible positive news in the market, the increase will be sustainable. However, this is just my thought, but who knows, history has still a big part in bitcoin so once history repeats, we will start seeing the bullish side of bitcoin.

[marcous]

The bitcoin price prediction for October will continue, but no one will know whether it will be a sharp downward trend or a sharp increase because we have already seen how the market moves so far. Maybe the price range is still in the $18k-$20k, as @Kemarit said but we can expect a reversal from October.

And although there will be a lot of news like this month, I hope it will not affect the price of bitcoin too much and can still stay in the above price range or even give bitcoin a chance to start rising in the last 3 months of the year.

I was expecting a louder bounce in not this october. We've been at $20k,$19k for a very long time. maybe the bulls will come soon and we should be able to break the sideway component which has been around for 1 week. if this trend is broken I think btc will return to $25k and close at $32k for the this month. I predict the Btc price increase will occur after we enter mid-October and the market already looks a little support for strong buying activity.

[UmerIdrees]

I think the bigger issue is what is going on with global markets. There is massive amounts of bonds being sold and it’s causing liquidity issues and many pension funds are in trouble.

Until the fed Pivots I don’t see any bullish thesis. Most likely the bond market will continue to sell off and so will stocks and so will crypto. Right now is the best time to be flat and in cash and see what happens.

If we see the bitcoin price history, October is a bullish month for cryptocurrencies. However, this does not mean that bitcoin has to follow the same pattern every year. It depends on the number of factors and this time there are so many external factors like high inflation thought out the world, the war between Russia and Ukraine, and the rising dollar index (DXY), which cause fear in the investors and I think due to these reasons, bitcoin will either dump more or hover around 20,000$ through out the October month.

[Silberman]

I think the bigger issue is what is going on with global markets. There is massive amounts of bonds being sold and it’s causing liquidity issues and many pension funds are in trouble.

Until the fed Pivots I don’t see any bullish thesis. Most likely the bond market will continue to sell off and so will stocks and so will crypto. Right now is the best time to be flat and in cash and see what happens.

If we see the bitcoin price history, October is a bullish month for cryptocurrencies. However, this does not mean that bitcoin has to follow the same pattern every year. It depends on the number of factors and this time there are so many external factors like high inflation thought out the world, the war between Russia and Ukraine, and the rising dollar index (DXY), which cause fear in the investors and I think due to these reasons, bitcoin will either dump more or hover around 20,000$ through out the October month.

I agree, it seems to me that investors are looking at the past and seeing that October has been historically a good month for bitcoin and they are trying to use this as evidence that a recovery is imminent, but I do not really see things in this way, there are so many factors that are against the potential recovery of this market that I do not see a way to overcome them, just to give an example of this, the stock market went down during September and it was the biggest drop since the start of the pandemic, so when the market is so negative I do not see how a recovery is even possible.

[adaseb]

Remember 2018? People looked at the past months and saw that bitcoin in its entire history except for 1 year (forgot which one it was) was always bullish in November. And bitcoin tested the $6K area many times and people were very certain it was the bottom. So everyone expected bitcoin to break out to the upside in November 2018. What happened? Complete opposite. Many couldn't even believe their eyes.

And the long liquidations were massive. Because it was so long sided because everybody was thinking since it was a bullish month in the past it would be a bullish month again, and this obviously wasn't the case. So I don't think looking at past months is a good indicator.

[koang]

If we see the bitcoin price history, October is a bullish month for cryptocurrencies. However, this does not mean that bitcoin has to follow the same pattern every year. It depends on the number of factors and this time there are so many external factors like high inflation thought out the world, the war between Russia and Ukraine, and the rising dollar index (DXY), which cause fear in the investors and I think due to these reasons, bitcoin will either dump more or hover around 20,000$ through out the October month.

Yep, Bitcoin gains by an average of 24% in October in previous years but probably won't happen for 2022,
as The Economic news is not doing Bitcoin any favors right now.
On the first October in Bitcoins history, The Global Economic system was on the brink of collapse. Covid, Inflation, and War.
I also still feel very Bearish, not Bullish. But Bitcoin is always bullish in the long term.

[Pierre 2]

I guess Bitcoin price movements mainly through halving tracker and overall weather in financial markets. Considering we have very valuable USD now its nearly impossible for Bitcoin to do extraordinary bull move. I rather expect fluctations between 25k and 15k but base is I think literally 10k. I actually with it hitting below 15k before it hits 25k because demand will be stronger than usual with that kind of crashes. Next year's October will be far more better than this year's October.

[btc78]

In my opinion, October will be a very interesting month, because I hear from several traders, that bullish will occur in October,

Can you please share those traders and the links about those predictions ? it seems that there are very few that I encounter these days?
and talking about Bullish I believe that those are about the whole quarter of the 4th and not that is about just in October.

of course this will be good news and we can all recover from this long bearish, yes my prediction is bitcoin will be reaching $ 30k this October.

but what about the coming November and December ? if this can bring us 30k then we might seen 50k in the end months?

[_BlackStar]

I don't know how I can shoot in the dark because in reality many price predictions have failed. Many analysts say it goes up, but in fact it goes down and vice versa. It's okay about predictions and guesses, but without being supported by analysis then I think it's just a guess.

Yep, Bitcoin gains by an average of 24% in October in previous years but probably won't happen for 2022,
as The Economic news is not doing Bitcoin any favors right now.
On the first October in Bitcoins history, The Global Economic system was on the brink of collapse. Covid, Inflation, and War.
I also still feel very Bearish, not Bullish. But Bitcoin is always bullish in the long term.

Severe inflation can affect the bitcoin market, but I think the same can happen to the stock market. A rate hike could also have a negative impact on bitcoin and stocks as the Fed plans to keep raising them until the end of the year. Of course something could still repeat itself as well as the historical price of bitcoin which might increase in October to December, but something could also change and the bearish continues.

[decodx]

Severe inflation can affect the bitcoin market, but I think the same can happen to the stock market. A rate hike could also have a negative impact on bitcoin and stocks as the Fed plans to keep raising them until the end of the year. Of course something could still repeat itself as well as the historical price of bitcoin which might increase in October to December, but something could also change and the bearish continues.

I do not believe that bitcoin will last forever at the same level of popularity as we see it today. But I think it will remain a power, nevertheless. It is obvious that cryptocurrency has proved itself in recent years. It is here to stay and to grow, but not necessarily in its current form. That makes me think that one should be very careful about investing heavily in bitcoin. But in the end, it all comes down to the market's perception of value. Price isn't everything, but it is relevant in many cases.

The bottom line is that forecasts of the movement of Bitcoin prices are really difficult. A large number of events affect the capitalization of this cryptocurrency. This makes it extremely important to follow the global news.

[BobK71]

Just follow the 4-year chart of Bitcoin, it appears that we will see a big movement this month of October. Every year this month has seen an uptrend in bitcoin price. The month has just started and soon we will be able to see that positive sign for Bitcoin. Hopefully Bitcoin will be able to reach above $25000 this month.

[Oshosondy]

Just follow the 4-year chart of Bitcoin, it appears that we will see a big movement this month of October. Every year this month has seen an uptrend in bitcoin price. The month has just started and soon we will be able to see that positive sign for Bitcoin. Hopefully Bitcoin will be able to reach above $25000 this month.

This month could be kind of confusing, you are right in your post though, bitcoin price has always been increasing significantly almost every October. You can see that in a previous post by Ratimov

But in this type of year at every 4 year cycle, bitcoin price did decreased in price. The first which was 2014, the decrement was high, but not that high in 2018 which may make some people to think that this year own is not really going to be volatile, or it is going to be like other Octobers with significant increase. To be sincere, I have not been this confused before about bitcoin price because indicators are suggesting otherwise, but which may be beyond this month, I mean in a way this month may be bullish or no much volatile, but followed by next months of being very bearish.

[laurenB7742]

Just follow the 4-year chart of Bitcoin, it appears that we will see a big movement this month of October. Every year this month has seen an uptrend in bitcoin price. The month has just started and soon we will be able to see that positive sign for Bitcoin. Hopefully Bitcoin will be able to reach above $25000 this month.

We are in October, although we are still in a bear market, I have the same optimism as you for October. September we face a series of bad events such as CPI, meeting and Fed rate hike which put pressure on the market causing the market to go below $20k for a long time. But as you said, historically October and November are 2 months considered good for the market so we can expect the price to increase this month. That is not a sign of the bulls but at least there will be slight rallies so everyone can take profits if anyone buys the lows.

[virasog]

Just follow the 4-year chart of Bitcoin, it appears that we will see a big movement this month of October. Every year this month has seen an uptrend in bitcoin price. The month has just started and soon we will be able to see that positive sign for Bitcoin. Hopefully Bitcoin will be able to reach above $25000 this month.

We are in October, although we are still in a bear market, I have the same optimism as you for October. September we face a series of bad events such as CPI, meeting and Fed rate hike which put pressure on the market causing the market to go below $20k for a long time. But as you said, historically October and November are 2 months considered good for the market so we can expect the price to increase this month. That is not a sign of the bulls but at least there will be slight rallies so everyone can take profits if anyone buys the lows.

Historically the last quarter is bullish for bitcoin but after the bull market, we usually see a red last quarter of the bear market. So, keeping this in view, we might see a continuation of the bearish trend. The fed policies won't be changing anytime near and the interest rates on the dollar are also spiking. Not a god sign for bitcoin and i do see any positive news or momentum which can put a pause on this bearish trend.
 

[Oilacris]

Just follow the 4-year chart of Bitcoin, it appears that we will see a big movement this month of October. Every year this month has seen an uptrend in bitcoin price. The month has just started and soon we will be able to see that positive sign for Bitcoin. Hopefully Bitcoin will be able to reach above $25000 this month.

We are in October, although we are still in a bear market, I have the same optimism as you for October. September we face a series of bad events such as CPI, meeting and Fed rate hike which put pressure on the market causing the market to go below $20k for a long time. But as you said, historically October and November are 2 months considered good for the market so we can expect the price to increase this month. That is not a sign of the bulls but at least there will be slight rallies so everyone can take profits if anyone buys the lows.

Historically the last quarter is bullish for bitcoin but after the bull market, we usually see a red last quarter of the bear market. So, keeping this in view, we might see a continuation of the bearish trend. The fed policies won't be changing anytime near and the interest rates on the dollar are also spiking. Not a god sign for bitcoin and i do see any positive news or momentum which can put a pause on this bearish trend.
 

We cant able to determine on what would be the price movement for this month of October yet it seems the price is really that moving sideways and its a bit non that really moving that much which it would
really be that hard to make up some speculations and guesses but i wont be surprised if there would be sudden sentiments that might float around.Expect the unexpected since this had been the main

characteristics of this market which it is always been hard to make up some speculation but the more experience and knowledge you do have then you would really be
that fully aware on what would be the actions you would be making on.Its hard but not really that impossible.

[GeorgeJohn]

The price of Bitcoin is drastically going down, i don't think bitcoin have the hope to ressurect this year again, i believe that if Bitcoin will go uptrend we should expect by next year or next two years, because when you watch the rotation of the price you will understand that it's fluctuating within same value of twenty thousand (20k) and nineteen thousand (19k) since July and August, so it's not this month of October that it will change or redressed in value.

[BuNga_cute]

The price of Bitcoin is drastically going down, i don't think bitcoin have the hope to ressurect this year again, i believe that if Bitcoin will go uptrend we should expect by next year or next two years, because when you watch the rotation of the price you will understand that it's fluctuating within same value of twenty thousand (20k) and nineteen thousand (19k) since July and August, so it's not this month of October that it will change or redressed in value.

In the last few months Bitcoin has been sideaway and usually the movement of Bitcoin is not far from the price of $ 20k as you say.
That's why I predict the price of Bitcoin in October will not increase and will continue to move around the price of $ 20k, it was too difficult
for Bitcoin to recover and its price rose above $25k. In fact, there is a possibility that there will not be a significant increase in Bitcoin until
the end of this year. Based on my prediction, it is possible that until 2023 there will still be a bear market. Bitcoin will start to recover in 2024
when the Bitcoin halving occurs. Therefore, just focus on collecting as much Bitcoin as possible now and we will hold it until 2024/2025.
I'm sure we can make big profits from Bitcoin, however Bitcoin is very profitable for long-term investments.