October price guess

[OgNasty]

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.

I hope that in October there will be at least a slight recovery and the price will rise above 20k. Usually the last weeks of the previous month put pressure on the price because of futures expiry. But as the new month begins, the pressure eases. This was the case in August and September. Hopefully it will be the same in October.

I think we'll see new lows next month, but that's likely the worst of it.  When you look at how many days it took for the market to bottom in the last couple of cycles, you would expect the market to bottom this time right before Halloween.  I think while we may not see this exact thing this time, it's not unreasonable to think we'll be damn close to the bottom next month.  Not saying this should be used to time the market bottom, but if you're dollar cost averaging in here, you've got to feel pretty good about how things will look in another couple of years.

[Jawhead999]

Take a look with Bitcoin monthly return, although October seems to be a good month, but on 2018 there's a slight decrease on October. I think it's either a slight decrease or slight increase, so the price only around $18,000-$22,000 range.

I didn't expect anything considering the whole economic are still not healthy, it's still under development and currently want to back become new normal.

[ShowOff]

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.

There is no certainty for a bear or bull market. I believe that both are possibilities, but bearish seems more likely in my opinion.

Within months bitcoin has been in a bearish phase which to date has lost more than 70% of its price since ATH. I think the lowest price in October could drop below $17K, or else $25K and above would be a test. But staying optimistic is the solution, then I also hope that I can take advantage of several opportunities to buy bitcoin during this bearish phase.

[InvoKing]

Take a look with Bitcoin monthly return, although October seems to be a good month, but on 2018 there's a slight decrease on October. I think it's either a slight decrease or slight increase, so the price only around $18,000-$22,000 range.

I didn't expect anything considering the whole economic are still not healthy, it's still under development and currently want to back become new normal.

https://i.ibb.co/rZysXxd/btcmonthlyreturn.png

Thanks for sharing this, I was looking for a similar table.
October is a good month for bitcoin and I expect it to raise and stay over $20000 by the third week of October.

[Piesel]

I don't expect much from the market thos month as October has always been a resistant month, that is to say, the price of Bitcoin will struggle to sustain its resistance level all through the month.

With no significant price increase, Bitcoin may even face a further decline before it picks up again around November -December so let's see how things go but the best thing to do right now is to handle more Bitcoin since we are sure that 2023 will be a build-up year to Bitcoin halving.

[uchegod-21]

I don't expect much from the market thos month as October has always been a resistant month, that is to say, the price of Bitcoin will struggle to sustain its resistance level all through the month.

With no significant price increase, Bitcoin may even face a further decline before it picks up again around November -December so let's see how things go but the best thing to do right now is to handle more Bitcoin since we are sure that 2023 will be a build-up year to Bitcoin halving.

I can say that bitcoin will still be roaming around the stage of $17k to $25. We will continue in the consolidation till bitcoin gatheres enough momentum to move upwards. We may see $30k towards the end of October to usher us into November mini bu run and it will not last long to return us to the state we are in same November and we will continue that way till we welcome 2023.

That is the best I have seen with my little knowledge of chat, from January upwards, I do not know how the bitcoin market will happen by then. But it is safe, if we can be buying from now till then.

[South Park]

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.

This seems to be correct, I mean I understand the people that want to see a bull market as soon as possible or even those which only want a slight recovery, but at the moment neither of those two scenarios seems possible, most likely we are going to experiment more of the same during the next months with the possibility of having to endure another drop during that time, it is not the scenario that we are expecting but without a doubt it seems to be the most likely one.

[Don Pedro Dinero]

If there is no major news one way or the other, I think the price will stay more or less where it has been in September, around USD 20,000.

If the war in Ukraine were to end, the price would rise for sure. We will have to see how the stock market behaves as well, because although it has fallen a lot, if it continues to fall as it has been doing these last 15 days, I think it will inevitably affect the price of bitcoin downwards.

[Oshosondy]

Id 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.

I too is guessing (and only guessing) that the price of bitcoin may not be too volatile in this month, I am also guessing that it may have a net positive result in total unlike how it was in the past. But like I said, this is just a guess.

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.

You are very correct and thanks for the image. What I noticed is that there was approximately 13% price drop in 2014 while just only approximately 4% drop in 2018 as the adoption had increased that time. Now there is more adoption, which can mean lesser drop or the volatility may be positive this time. Just my sentimental guess. I may be wrong. The weekly chart is even suggesting price drop too (to at least $16000, but this may be $17500 by next week) while the daily chart is already confirming that the price might drop, but just in weeks, I do kit know what the monthly total price would be.

[Zilon]

For now it's just to trade according to the direction of our charts. If price keeps ranging around $18k-$20k then it is simple enough to follow the trend else there is a break out on either the support or resistance zone them following suit will save the heartbreak. Speculation is getting so inaccurate as the market keeps changing following the lead of the trend in October is my own guess

[CryptoBuds]

I don't expect much from the market thos month as October has always been a resistant month, that is to say, the price of Bitcoin will struggle to sustain its resistance level all through the month.

With no significant price increase, Bitcoin may even face a further decline before it picks up again around November -December so let's see how things go but the best thing to do right now is to handle more Bitcoin since we are sure that 2023 will be a build-up year to Bitcoin halving.

We are still in a bearish situation and the world economy has not shown any signs of recovery so don't expect too much. But October has been a good month for the market in the past and this October we don't have any major news events so we can still expect a small rally for bitcoin after a tough September. DXY is showing signs of a short-term reversal, so in October I believe we could hit $22k or $25k before falling back below $20k by year-end.

[newdevices]

October is coming soon and it's time to predict whether it's Bullish or Bearish,
if you look at the historical table October will be Octobull because October is always bullish,
but we don't know yet because there is still bad news hitting the world,
so just prepare your funds and buy it if market goes dump again. and dont forget have to put a stop loss if you already bought it.

[YOSHIE]

Would it be bulloctober or bearoctober?

Today Bitcoin October 1st traded $19,700 more and less, the increase is compared to the previous day, this does not mean Bitcoin will go to the level of $25k, this is just a daily trading move, adjusted to current market developments and a few days later.

Many experts and speculations conduct an analysis of Bitcoin in October and the end of 2022, from the data I have seen and read several experts in the crypto field, Bitcoin in October and the end of this year will experience a price decline that is far from expected. current price, Conclusion: October and the end of this year, I believe the price of Bitcoin will drop to the point of $15k, that's only based on the analysis I believe, but the crypto market can change at any time without the knowledge of Bitcoin users themselves.

[Vinaa77]

What could be its highest price of bitcoin in October? Would it be bulloctober or bearoctober?

If we pay attention to the Bitcoin chart, we are still very difficult to predict a bull or bear market. Bitcoin price is pumped up in a short time at a low value. The $1k price change is equivalent to a chart movement of less than 5%. Nonetheless, the chart gave good signals over the past week. Maybe in October Bitcoin will reach $22k to $23k. But I don't expect Bitcoin bull in this year, because bear are more fun to increase investment.

[Johnyz]

What could be its highest price of bitcoin in October? Would it be bulloctober or bearoctober?

If we pay attention to the Bitcoin chart, we are still very difficult to predict a bull or bear market. Bitcoin price is pumped up in a short time at a low value. The $1k price change is equivalent to a chart movement of less than 5%. Nonetheless, the chart gave good signals over the past week. Maybe in October Bitcoin will reach $22k to $23k. But I don't expect Bitcoin bull in this year, because bear are more fun to increase investment.

This is the last quarter of the year and mostly the price doesn’t pump that much since many will start to liquidate their money to buy presents and prepare for the holiday.

Well, let’s be more optimistic this time since the price of BTC still aims for a higher price and once we are able to break the $20k resistance then we might see higher prices this October.

[adaseb]

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.

[Reatim]

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?
I'm afraid if there are best coming for us but what I am sure that sooner there will be great to come for all of us Bitcoin supporter.
either this month or the next? still last quarter mostly is what we are waiting to make a decision for the whole year investments and holding.

[EarnOnVictor]

Nothing much is to be expected in October as the battle between the bulls and bears continues towards the end of the year. Though the bearish trend is still favoured by me in October as the overall trend of the market judging by what the monthly and weekly charts dictate. Yet, the hesitation of the market in September makes me suggest that Bitcoin is not ready to go lower as it might have reached the year-low already, or is very close to the level.

This means that even if Bitcoin would fall further in October, such would be limited to around $17000-17500, which will not have much significance as that fall might be greeted with more fierce bullish movements.

[posi]

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?
I'm afraid if there are best coming for us but what I am sure that sooner there will be great to come for all of us Bitcoin supporter.
either this month or the next? still last quarter mostly is what we are waiting to make a decision for the whole year investments and holding.

Yesterday bitcoin had a moment above $20k and then it went back to $19.2k again. We're only entering the first day of October, so we shouldn't jump to conclusions too quickly, maybe you were expecting a rally this October and you are starting to get frustrated that nothing has changed yet.

September is usually a bloody month for the market and it's finally over, and we're in October where everyone says things are going to get better. Although still a bear market so can't expect too much of a big rally but we can expect a slight bounce this month. I think we should wait and see what happens in the coming days, don't be disappointed.

[Nrcewker]

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.
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.