GeorgeJohn
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October 02, 2022, 10:39:56 PM |
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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. That's while i said all our suggestion over the increment of Bitcoin and downgrade of bitcoin is exaggeration or assumptions. We are emphasising on the price circle if it's something that will be something that have a retrace before this year runs out. But the only way it can gain a positive reaction or value again since the price is fluctuating, is with mega adoption of bitcoin within the remaining months, so without that Bitcoin will not have a vital change of profit in this year, and even next year we don't know if it will be worst than this bearish experience.
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samcrypto
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October 02, 2022, 10:45:12 PM |
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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.
If there's no news to bring this market up, and if there's no development then we should not expect that much for this month, probably October will just like an ordinary month and let's accept it. The bear trend is still strong, and it limit many coin to break the resistance level, there's also no good news and the economic crisis continues to spread in many countries, this can be one of the reason why we are still in a bear market today. I agree, the bull will happen in the next two years and that's a safest speculation.
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peter0425
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October 03, 2022, 12:49:26 AM |
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I'm still believing that there is a big thing coming in this top rank coin and also I know that there are many believers like me who knows that last quarter will always show some good act and yes I know that we will be making some kind of good outcome . 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.
October to November is always the best months of the year so yes lets wait till it happens and till it comes . but indeed that Halving might show us more beneficial investments but be ready to what may come in the days or every last quarter.
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Fundamentals Of
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October 03, 2022, 02:26:28 AM |
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This is probably an Uptober. I think the bear is about to hibernate. This last quarter might give us some better price deals. October's history as far as the price of Bitcoin is concerned is rather exciting. It normally closes with Bitcoin making good gains. Of course what happened in the past does not predict the future, but considering that the previous months were bearish and its about to end, the bullish days will start soon. October might bring us back to $25,000.
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LFC_Bitcoin
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October 03, 2022, 08:31:49 AM |
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There’s too much FUD floating around in legacy markets. Central banks are rumoured to be close to insolvency, lots of things whispered about Credit Suisse being the next Lehman Brothers.
I think we’re going to have a miserable Q4 of 2022. Pepper your angus, it’s going to be scary.
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BobK71
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October 03, 2022, 10:18:22 AM |
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There’s too much FUD floating around in legacy markets. Central banks are rumoured to be close to insolvency, lots of things whispered about Credit Suisse being the next Lehman Brothers.
I think we’re going to have a miserable Q4 of 2022. Pepper your angus, it’s going to be scary.
The global situation and cryptocurrencies are not in a good position. No positive news anywhere. However, it does not show any significant improvement also we cannot expect anything better because one problem is war. I think if this war ends, cryptocurrency will go back to previous position very quickly. But the current situation of the war is not positive so there will be nothing to do but wait for a long time.
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Mpamaegbu
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October 03, 2022, 11:54:34 AM |
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October has often been a good month for Bitcoin: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F3HmuIKH.jpg&t=665&c=8F4gbzYXQri09w) 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. It's good sharing that. If we go by the table, we can see that Bitcoin even was more bullish in February than it's in October of several years. I had even thought that November gives Bitcoin a better kick than others. Anyway, maybe a close of October 2022 and November will tell us how well or bad Bitcoin will fare this year. Let me quickly also add that Bitcoin fares well in a particular month doesn't mean there are going to be more people who are lucky to have escaped with profits. Bitcoin can fare well in a particular month, yet that month becomes traders' worse month. What matters is the strategy will apply while at it.
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Lambe Ndumble
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October 03, 2022, 01:38:05 PM |
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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.
In my opinion, if Bitcoin can touch $ 25k, the opportunity for rising this year can occur, if the price of $ 25k occurs in October then I am optimistic that the price of December can reach at least $ 35k, and becomes a good start in 2023 to see Bitcoin Rising Again .
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rby
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October 03, 2022, 07:34:04 PM |
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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.
In my opinion, if Bitcoin can touch $ 25k, the opportunity for rising this year can occur, if the price of $ 25k occurs in October then I am optimistic that the price of December can reach at least $ 35k, and becomes a good start in 2023 to see Bitcoin Rising Again . It is actually possible for bitcoin to touch 25k this October but there is every possiblity that it will not happen. I am thinking of the possible news that will help bitcoin rise at this time but I'm not coming up with any. News that are setting to rise are not the ones that will favour bitcoin. News of inflation, news of CW the fake satoshi and court case, News of FED decisions, news of PoW regulations are not cool ones for bitcoin. If there is not great news in favour of bitcoin, we all have to wait till 2024/25 to see a massive bull run.
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Franctoshi
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October 03, 2022, 09:00:37 PM |
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Bitcoin is currently absorbing all the sell Pressure without crashing below $17500 due to interest rate hyke, looking and comparing the dollar Index vs Bitcoin, the dollar index is in overbought territory, while Bitcoin is oversold, plus the Fed could start quantitative easing anytime soon all this could help Bitcoin bounce back in the coming days. Therefore, looks like the month is going to be bullish for Bitcoin, Historically the month of October, for number of occasion has favoured BTC in terms of the appreciation in the price of Bitcoin, Today we are already getting a nice move and bit relief.
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GeorgeJohn
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October 03, 2022, 09:06:13 PM |
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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.
All this are assumptions because no stipulated time or that directly enshrined that Bitcoin most surely increase in October or November period. Bitcoin can rise anytime it feels like experiencing positive in the market because of the adoption and the gravity of the investors who turns up to the market, i believe that. Bitcoin on it's own do recover anytime and minute it find it chance of acceleration in price, so theirs no stipulated time for it.
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Reatim
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October 04, 2022, 07:49:56 AM |
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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.
I don't know why, but I don't think October will be much different from previous months. Bitcoin has been in a flat for more than a quarter and 19k is about the lower end of the channel. Therefore, at most I expect the price to rise to 22k in October. But the worst case scenario for all bitcoin holders would be if support breaks and a new bottom is formed. I remember the good times at the end of the year have been repeated twice recently - it was 2017 and 2021. In other words, I do not expect a price recovery in 2022. yeah but if we will look at what we have in 2017 or even the previous halving? October mostly bringing some good movement to the price of Bitcoin and then altcoins will follow , though it is very early to expect yet why it seems to be this October is different? maybe there are something cooking in the kitchen? or we are waiting for nothing at all? but whatever happens at least I am already having my funds safe and also have my other funds standby to buy more if price drops more .
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TravelMug
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October 04, 2022, 12:02:54 PM |
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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.
I don't know why, but I don't think October will be much different from previous months. Bitcoin has been in a flat for more than a quarter and 19k is about the lower end of the channel. Therefore, at most I expect the price to rise to 22k in October. But the worst case scenario for all bitcoin holders would be if support breaks and a new bottom is formed. I remember the good times at the end of the year have been repeated twice recently - it was 2017 and 2021. In other words, I do not expect a price recovery in 2022. yeah but if we will look at what we have in 2017 or even the previous halving? October mostly bringing some good movement to the price of Bitcoin and then altcoins will follow , though it is very early to expect yet why it seems to be this October is different? maybe there are something cooking in the kitchen? or we are waiting for nothing at all? but whatever happens at least I am already having my funds safe and also have my other funds standby to buy more if price drops more . So far, the beginning of October is very similar to the beginning of August. Back then bitcoin also started to rise from the first days of the month. I wouldn't count on any serious price recovery this year, but local growth and pumping of altcoins may well happen. There is plenty of fuel for growth in the market, everyone expects a bad scenario and shorts. Hopefully it will continue this trend, it seems that we are trying to break the biggest mental barrier right now which is $20k. So in the first two weeks, if we are going to look at the trend of September, the price seems to be enjoying a run. And if the pattern continues then again, $22k will be the next to be reach. So let's if we will have a growth like that, at least for short term holders they are going to make a few buck. But for the majority of us, long term holders, we are looking in the next bull run and this period is for accumulation.
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tygeade
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October 04, 2022, 03:25:10 PM |
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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.
If you are talking about having to follow Bitcoin's 4 year chart for pumps then now is not the time to get pumps because October is October for 2025 and not this year. Because if you calculate 4 years after the pump occurred or after the dump occurred, it is clear that the time is 2025, not 2022 as it is now. Even if there is a price increase later this month, I think it will only be small and temporary and will not create new ATH in Bitcoin. I wouldn't expect it to take that long, and I always disagreed on the 4 year cycle bs, I believe it's 3 years, look at the past and you will see that it took 3 years to start going up again each time. Meaning it should be 2023, why? Because it was 2017, and in 2020 we went up, not peaked but went up, and 3 years from 2020 is 2023, and we are very verge of getting there now. So in the next 12 months, I can see it either breaking the ATH again, or it will be a good high price all over again. That is my speculation though, doesn't matter to me, it could be 2025 all I care and that means I would be able to accumulate more bitcoin until it goes up again.
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justdimin
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October 04, 2022, 05:36:40 PM |
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Nothing is to be expected in October as the battle between the bulls and bears continues towards the end of the year.
There are no scheduled events that will happen on this month so you might be right with that. Nothing extraordinary will happen within this month. There's also no battle between the bear and bulls because what I can only see here is that the bear is only raging continuously. There is is no signs of a bull yet. We can only say that the bull is here and it's fighting the bear when the price breaks over 30k usd or more. 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.
It could be a sign that the price will act the same as what we have seen on September but don't worry because just like the saying says "best things comes from boys who wait". There may not be surprises this month but it'll come next month or so, that is for sure.
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Zanab247
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October 04, 2022, 06:13:06 PM |
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I guess, October will be the best month for people to achieve profits from their long term investments, because the market price is increasing gradually for those that used this period to buy coins will have hope of achieving passive incomes from the market soon. Bitcoin price will reach $45k in this month of October to prepare the mind of people that the price will reach $80k before the end of this year. I don't think, the price of Bitcoin will still decrease to 19k before it will increase higher for people to smile again in the community
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Wiwo
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October 04, 2022, 08:01:02 PM |
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I guess, October will be the best month for people to achieve profits from their long term investments, because the market price is increasing gradually for those that used this period to buy coins will have hope of achieving passive incomes from the market soon. Bitcoin price will reach $45k in October to prepare the mind of people that the price will reach $80k before the end of this year. I don't think, the price of Bitcoin will still decrease to 19k before it will increase higher for people to smile again in the community
Since this topic and discussion are based on speculations, I will not discard your opinion and prediction out rightly but you made some statement that has no base in this discussion and made your comment look like just speculation and prediction even though everyone is free to predict whatever price they feel Bitcoin will reach in this month. Bitcoin has maintained a steady increase over the last 7 days but that increase is not significant enough to push the price to a high of $45k this month, we may hover around $30k at most for the remaining days of October. But I also agree with you that Bitcoin may not dive down below $19k again this year.
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Franctoshi
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October 04, 2022, 08:04:57 PM Last edit: October 04, 2022, 08:54:11 PM by Franctoshi |
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The month of October historically is a favorable month for Bitcoin , it's just about two or three times that Bitcoin price plunged in October. We have double bottom forming on the weekly time frame and if we have the neck line gets broken, Then $30k is the price target , whIch is very likely to happen since we didn't close below the previous lows $17.5k in the month of September.
With all this, It's becoming a bit clearer to me that $30000 per Bitcoin my price prediction could be achieved towards the end of October looking at the chart patterns ,everything is making sense at the moment.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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Yaunfitda
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October 04, 2022, 08:34:18 PM |
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The month of October historically is a favorable month for Bitcoin , it's just about two or three times that Bitcoin price plunged in month October. We have double bottom forming on the weekly time frame and if we have the neck line gets broken, Then $30k is the price target , whIch is very likely to happen since we didn't close below the previous lows $17.5k in the month of September.
I don't think that October is favorable month because we are still in the bear market. Wow, $30k target? We can't get even further after $22k in the last couple of months. So I highly doubt that we will suddenly go and reach $30k this month. With all this, It's becoming a bit clearer to me that $30000 per Bitcoin my price prediction could be achieved towards the end of October looking at the chart patterns ,everything is making sense at the moment.
As much as I want this price level this month, I will just not put too much expectation on this price, to be honest. It's good that we will see above $20k, or even $22k. But $25k-$30k, we might have a difficult time breaching that, just saying.
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Mate2237
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October 04, 2022, 09:24:50 PM |
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The bear cannot make (stable) bitcoin to be on the $22800 on the Month of September but the market force kept it like that not the bear. the bear can be break out at any time of the month. The bear is only the movement of the market which is the coming down of the market at that time. Now that we have entered October the market is still remain the same. In the month of September Bitcoin only climb to $22800 and come down again. People were even predicting $23k.
Traders can be advice to buy long term investment because we do not know when the bear market will end, therefore, buying short term investment or instant investment will affect their business or trading. Bitcoin is still on bear market so if a trader went for short term investment, how would he get his money back plus the profit he will earn?
Some People are saying that October will be the worst month for bitcoin and you are saying that October will be the moderate (we will see increase) for bitcoin.
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