October price guess

[Oshosondy]

The bears made bitcoin to be unable to surpassed $22800 in September. Today is 28th, just two days remain from today before we enter new months. Anything can happen, but likely that bitcoin can not go beyond that price. September has been full of fun, bitcoin favour both bull and bear traders as its price never go below $18000 which was a strong support and yet still increased above $20000 many times. Who traded in both directions in patience and using good trading strategies all gained.

The best time to buy bitcoin is now. Traders should prefer to go long or buy instead of going short, but going short is also good if the signal really suggest bear market. But all I am thinking that would happen next month is that bitcoin would increased, get to $20000 and increase above it.

Bitcoin increased to over $25000 in August, while it only increased to $22800 in September. Is this suggesting bear market in October? What could be its highest price of bitcoin in October? Would it be bulloctober or bearoctober? I am speculating that bitcoin price lowest price may not be below $18000, but can increase above $20000 again.

[1714759575]

1714759575

[Kemarit]

I think we might continue to trade around the threshold of $18,000-$22,000. As you have said the bears really takes over this cycle, so it's safe to assume that the sideway pattern will continue.

And monthly we will see CPI report from FED that really affected us negatively. So we should expect for the worst his coming months. But nevertheless, the price is very cheap, thus taking advantage of the situation is not that bad. Everyone should long at the long term prospect and invest right now or throughout this bear market.

[ethereumhunter]

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.

[Oshosondy]

And monthly we will see CPI report from FED that really affected us negatively. So we should expect for the worst his coming months. But nevertheless, the price is very cheap, thus taking advantage of the situation is not that bad. Everyone should long at the long term prospect and invest right now or throughout this bear market.

I think it won't be worse than the past when bitcoin dropped to $17600, which may probably be the bottom. Know one truly knows what the price would be, but I think bitcoin can not drop much further than $17500. Although, the possibility for the worse is true as you said, but holding now would be profitable in the later time. Let us see what October would be, but according to what I have analysed based on previous price, bitcoin will not fall more than expected.

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 do not believe in some news that will only lead to slight price fall and almost immediate correction, like what happened recently about the US increase in interest rate. I prefer using price history and indicators to predict what the price might be. Although, I still believe in some news too.

[btc_angela]

^^ It could be the bottom is already in at least for this year and so we might not see the price going below $17,500. But there could still be speculators who think otherwise, maybe because they want to buy at a cheaper price or they are just those perma bears who just hope that bitcoin will fail dramatically.

And I do agree with the thoughts that a sideway pattern again until we have a break out run that will push the price to our highest at $22k or the next biggest barrier of $25k. So still exciting to see how not just for this month, but for the rest of this bear year. At least we all survived.

[$crypto$]

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.

In my analysis, in October this will not be much different in the range of $18k - $20k or maybe at least the highest of $25k although many are unconvincing the market situation is still not stable which makes the price will not Bullrun so fast then I think in the month October there will be no significant movement although I would like it to happen bulloctober.

It is still affected by the news that bitcoin is going down due to a possible recession so this is causing the overall impact.
My guess is October $25k there's a chance it hits.

[Beparanf]

It’s still 50/50 about the direction of the trend if we use the monthly price chart because the 17K level might serve as strong support if the price bounce back there on the following weeks or it will go much lower when it’s break. One thing is for sure that the price will sure revisit again near the 17k area for a possible retest before we can see the trend for Bitcoin since the current price is just a side ways and no clear path on where it will go.

I’m optimistic that we will have a semi bull run season before the year ends but I’m not expecting the price going above 30K.

[LogitechMouse]

Sideways at around $18,000-$22,000 price range. What might happen in the future is either it will break the current resistance or it will break it's current support.

TBH, it's hard to know what will be the movement of Bitcoin in the future (it has always been). I mean we are in a spot where there are many uncertainties and there are many negative events that are happening right now globally that's affecting not only the US market but all of the markets around the world. War, interest rates, what's happening to China etc. etc.

I want to be optimistic this month but I don't see any reason to be but I will not be surprised if Bitcoin will surpass and stay above $22,000 next month.

[newdevices]

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

[ethereumhunter]

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 do not believe in some news that will only lead to slight price fall and almost immediate correction, like what happened recently about the US increase in interest rate. I prefer using price history and indicators to predict what the price might be. Although, I still believe in some news too.

We may not believe in the news that the media will release but we do not deny that the news can make the price move wildly and make people panic instantly. For people who have been in crypto for a long time, the news will not worry them but for new people, it will make them worry and panic. We can only hope the new people don't pay too much attention to the news and if the news makes the price move in any direction, those people should try to take advantage of the movement.

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.

In my analysis, in October this will not be much different in the range of $18k - $20k or maybe at least the highest of $25k although many are unconvincing the market situation is still not stable which makes the price will not Bullrun so fast then I think in the month October there will be no significant movement although I would like it to happen bulloctober.

It is still affected by the news that bitcoin is going down due to a possible recession so this is causing the overall impact.
My guess is October $25k there's a chance it hits.

I guess many of us want bulloctober but it's still a mystery because some of us are ready with our bitcoins and want to profit from selling bitcoins. With the movement of bitcoin still the same as before, I think we can still buy low and sell high and do it many times so that, at this moment, we can also make a profit. It is like collecting more bitcoins and benefiting from the movement of bitcoins.

[STT]

Important bounce in the early hours led to gains today.    I think because cash continues to be weak, Bitcoin can still surprise to the upside despite high volatility.



  I'd say October is not as negative as some were fearing, the underlying strength in BTC continues to keep in the same rough area we've had for months now despite quite severe news.  Under pressure BTC held, which could mean its hiding enough energy for a bounce that can occur in future.

[carlfebz2]

Important bounce in the early hours led to gains today.    I think because cash continues to be weak, Bitcoin can still surprise to the upside despite high volatility.

!

  I'd say October is not as negative as some were fearing, the underlying strength in BTC continues to keep in the same rough area we've had for months now despite quite severe news.  Under pressure BTC held, which could mean its hiding enough energy for a bounce that can occur in future.

Cant really be avoided that people had already get used to on declining prices on which they do presume that this entire year would be bearish considering that we've been staying up on reds for  long months or

which it would  really be ending up with that kind of impression that we might or likely to see this condition until the end of the year or simply into the next one.We've been testing out that 18k support but the

price is surprisingly do able to hold at least which means that there's a strong support within those lines.Come to think that lots of people been expecting even as low as $10k
but it didnt really happen but well everything does have the chance or probability.

[cryptomaniac_xxx]

^^ Good table of comparison, but as you have said, those month that are in the negative, specially 2018 is right after the bullish and ATH of $19k the following year of 2017.

So might be the same case here again, 2021 we have a new all time high, and then we are right now in the middle of bearish this 2022. And so I'm not expecting big gains this October and I will echo the sentiments that maybe another sideways this month and nothing to get excited. It will only be in December that we might see some upside before Christmas.

[el kaka22]

I guess that 30k would be a possible thing for this October. It will be exactly one year since our ATH and that means we haven't been there again for over a year after this month, still can't see it reaching to 30k+ levels, or at least not to ATH levels for sure.

But, I can see it start to go up and that's going to be an important situation for all of us. If we can start to go up, then November will be even easier and then December as always would be a great month where we could break over our ATH. People are seeing how it hasn't been over ATH for over a year and imagine it would be very hard for us to reach there, but the reality is that it takes like 2 months give or take to break over ATH if we reach to a bull run.

[Jating]

But, I can see it start to go up and that's going to be an important situation for all of us. If we can start to go up, then November will be even easier and then December as always would be a great month where we could break over our ATH. People are seeing how it hasn't been over ATH for over a year and imagine it would be very hard for us to reach there, but the reality is that it takes like 2 months give or take to break over ATH if we reach to a bull run.

And that is the big question, it's not like we are in a bull run wherein the price will go on a big rally before the end of the year and then new ATH.

This time the market is very bearish, the world has problems with inflation, dollar is weakening, there is the war in the background that continue to affect us. So I don't think the October will likely see a good bounce, There could be no significant movement, $22k could be the highest and then the bottom could be around $18k-$19k.

[Oasisman]

~snip~

October has often been a good month for Bitcoin:



If you look at this table, then a bad October for Bitcoin was in 2014 and 2018. 2014 and 2018 are the next year after a strong bull run, and 2022 can be included here. It has similar dynamics and behavior. Even if bitcoin rises slightly and closes October in the green, many may perceive this as bottoming and turning the market towards bulls. But this may turn out to be a banal trap before a further decline. $18,000 is not yet such an extreme price at which one can hope for total capitulation. Bitcoin still has room to fall.

Good presentation to follow Bitcoin's price trend in all October from the past years.  And yeah, 2022 might be similar with 2014 and 2018 price actions then eventually turn out to make another ATH, and we should also remember in the next 2 years, Bitcoin halving will occur again thus creating another hype trend like the usual.

IMO, this year's October will not going to make any difference from the past month's Btc price. It would either stay in the same region from September or would slightly fall at $15k level.

[Yaunfitda]

^^ If it fall to $15k, then we will have a new all time low. But I doubt that it will happen this year though, it's too early. I seeing another yearly lows next year as we are still in the bearish cycle that time.

But I do agree that October will be the same as the previous bear market, could be down again at the $18k barrier. Although, this end of the month seem to be positive as we jump to $19,500 in the last 24 hours.

[Wexnident]

It's going to be the same as September or a short pump in the first half a month before it dumps back down towards that steady $20k development. I'm more for the latter I guess, I'd prefer dumps for lower entry costs but going even below would probably be not good for my heart (even if I only DCA). Any ATH news is basically dreaming since we're still quite far off from the next halving, heck an increase to $30k isn't even foreseeable so far imo. Even in the scenario where it temporarily goes back up, I'd reckon we'd still be moving downward immediately later on to balance it out as a steady line.

[bestcoins1]

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

Who are the traders who say such things to you at this time? If they are quite reliable and well-known traders, then little is possible as they say, although they are not fortune-tellers in the market other than looking for profit for themselves. And you should also clarify this because children who are new to the market can also talk like that, but you don't have to immediately believe every word someone says about the market conditions in October.

[ultrloa]

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

Who are the traders who say such things to you at this time? If they are quite reliable and well-known traders, then little is possible as they say, although they are not fortune-tellers in the market other than looking for profit for themselves. And you should also clarify this because children who are new to the market can also talk like that, but you don't have to immediately believe every word someone says about the market conditions in October.

Maybe only a wild guess since past few months is a bad phase with bitcoin knowing we see some bad scenarios which cause dumps, that's why some other traders think that maybe this will be the recovery month on crypto. But who knows maybe they are right so lets see since even if there are bearish trend exist there's still provability that bitcoin will regain back to $20k above level.