October price guess

[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.

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.

Actually you are right, because the changes we are experiencing in bitcoin is quite slow in value and that is while i do emphasis on the price of Bitcoin, that is not dependable on yearly months, while the supportive of cryptocurrency really dependable by the way it happens between the investor, because the only The that can bump Bitcoin to accelerate is investors, neither their is news or not, if investors come unaware to the crypto market, the market will change instantly.

[uneng]

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.

October is stable so far following the tendency of previous months. I think we can consider it a victory already if bitcoin is able to reach November on this same price range above 20,000$. The challenge this year is for survival. The longer bitcoin keeps its price intact during the following months the stronger it will be once the market makes the swap from bearish to bullish conditions.

[koang]

October is stable so far following the tendency of previous months. I think we can consider it a victory already if bitcoin is able to reach November on this same price range above 20,000$. The challenge this year is for survival. The longer bitcoin keeps its price intact during the following months the stronger it will be once the market makes the swap from bearish to bullish conditions.

$20k is so boring. We've been at 20k for long enough, but maybe not for those just starting,
It's a good price to accumulate more BTC for the bull season will be full of tremendous profits.
It is also a good place to start the pump, and I hope BTC continues to rise but still don't know how long it will take

[rodskee]

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.

October is stable so far following the tendency of previous months. I think we can consider it a victory already if bitcoin is able to reach November on this same price range above 20,000$. The challenge this year is for survival. The longer bitcoin keeps its price intact during the following months the stronger it will be once the market makes the swap from bearish to bullish conditions.

So far is true , but what we are expecting? is of course an increase for this last quarter , and now? we  are in a stable positioning but I can see that there is something cooking for the next month and the next meaning either November or December that we will be seeing either the Bear or Bull .

[buwaytress]

$20k is so boring. We've been at 20k for long enough, but maybe not for those just starting,
It's a good price to accumulate more BTC for the bull season will be full of tremendous profits.
It is also a good place to start the pump, and I hope BTC continues to rise but still don't know how long it will take

What would be more exciting? $8k? $4k? I mean, my heart was in my mouth 2 years ago when we played with sub-4k prices, even if it barely lasted half a day.

I can't say I won't be nervous if we splash through the 10k mark, and it'll be with some trepidation that I try to make extra in that range but what's wrong with a stable 20k while we count down the days to halving?

[Tony116]

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.

If it's not a 4-year cycle, what about the halving event? we always see bitcoin hit new ATH right after the halving happens. As you predict we will hit ATH in the next 12 months, which means we will hit a new ATH before the halving happens, I disagree with this unless there is a sudden change.

I'm still leaning towards 2025 bitcoin could rise again and hit ATH, as for the price increase of bitcoin this month and the rest of the year, I think it will depend on news like inflation, CPI, Fed interest rates as well as war situation in Russia and Ukraine.

[btc_angela]

^^ Technically though, halving occurs every 4 years if I'm not mistaken and that's why the 4 year cycle is born. Nevertheless, I will agree that we will have difficulty seeing a good price increase this year due to the recession in the US and the war in Europe.

So this October might start good but at the end of the month, we might be closing around $19k-$20k. So let's just at least be glad that the price today is somewhat about $20k, but we don't know if that is going to be sustainable throughout the rest of this month.

[STT]

Oct appears like it can be positive right now as a guess, the overall picture remains challenging which means you need to be an optimist to believe we end differently this month.
  We have a decent set of higher lows for many days now, we have seen the average drop enough that we can easily challenge and exceed them.   Also just the fact we start low, October can be a green month without a large amount of effort required.

[1miau]

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.

Yes, it's looking like Bitcoin is tired and don't want to go above 25k USD. 
But better Bitcoin stays around 20k than dropping to 15k or even worse, 10k. A further drop to 10k would most likely mean a much longer bear market and at current levels, we can enter a new bull market quite easily, especially when we remember about Bitcoin's upcoming halving in early 2024.

While stocks are also going sideways or even a little bit down, I'm okay with Bitcoin keeping current levels and even improving a bit (from 18k to 20k now).
And that's where I see Bitcoin in October: in a close range between 18-22k.

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.

sidewaysoctober 

[Silberman]

$20k is so boring. We've been at 20k for long enough, but maybe not for those just starting,
It's a good price to accumulate more BTC for the bull season will be full of tremendous profits.
It is also a good place to start the pump, and I hope BTC continues to rise but still don't know how long it will take

What would be more exciting? $8k? $4k? I mean, my heart was in my mouth 2 years ago when we played with sub-4k prices, even if it barely lasted half a day.

I can't say I won't be nervous if we splash through the 10k mark, and it'll be with some trepidation that I try to make extra in that range but what's wrong with a stable 20k while we count down the days to halving?

I suppose one explanation is that the expectation of investors and speculators are completely different, speculators want more than anything for the price to be volatile, they do not really care about the direction of the movement as long as it occurs, it is big and lasts a long time, but investors have completely different expectations out of the market, while a positive trend is always welcome, a stable price is probably the best entry point they can ask for, which is exactly what we are witnessing, so it is not surprising that while investors are satisfied with the conditions of the market speculators are not really happy about them.

[Shasha80]

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.

If it's not a 4-year cycle, what about the halving event? we always see bitcoin hit new ATH right after the halving happens. As you predict we will hit ATH in the next 12 months, which means we will hit a new ATH before the halving happens, I disagree with this unless there is a sudden change.

I'm still leaning towards 2025 bitcoin could rise again and hit ATH, as for the price increase of bitcoin this month and the rest of the year, I think it will depend on news like inflation, CPI, Fed interest rates as well as war situation in Russia and Ukraine.

I agree with you that the market will recover and Bitcoin will reach new ATH after the Bitcoin halving occurs. So the possibility of a bullish trend
will occur in 2025, so there is still a long time for us to be able to accumulate and hold Bitcoin. Therefore now where the price of Bitcoin is very low,
we should continue to buy Bitcoin regularly. If it turns out that the Bitcoin price fell even lower, we should not panic and continue to buy Bitcoin
every time the Bitcoin price drops lower. That way when the Bitcoin price reaches new ATH, we already have a very large amount of Bitcoin and
can generate very large profits. My prediction regarding the price of Bitcoin in October, I believe the movement of Bitcoin is still stable around
the price of $20k. It is very difficult for Bitcoin to pump and rise above the $25k price, if no good news emerges in October. Especially now that
a lot of bad news keeps popping up, so it's really hard to expect the Bitcoin price to rise above $25k this month.

[rodskee]

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.

October is stable so far following the tendency of previous months. I think we can consider it a victory already if bitcoin is able to reach November on this same price range above 20,000$. The challenge this year is for survival. The longer bitcoin keeps its price intact during the following months the stronger it will be once the market makes the swap from bearish to bullish conditions.

Im afraid this can be called as Victory because we started the year with double of this price so having it end with 20k is much lower and I think we can still come to hyping at least 30k or maybe 40? this can be possible if the economy of the world recovers a little from the complete dumping this 2nd and 3rd quarter.

Oct appears like it can be positive right now as a guess, the overall picture remains challenging which means you need to be an optimist to believe we end differently this month.
  We have a decent set of higher lows for many days now, we have seen the average drop enough that we can easily challenge and exceed them.   Also just the fact we start low, October can be a green month without a large amount of effort required.

this may sounds challenging but at least fulfilling , as we already starts setting to 20k this start of the month and with this good act I think you are correct that there maybe a good positioning this Oct.

[buwaytress]

What would be more exciting? $8k? $4k? I mean, my heart was in my mouth 2 years ago when we played with sub-4k prices, even if it barely lasted half a day.

I can't say I won't be nervous if we splash through the 10k mark, and it'll be with some trepidation that I try to make extra in that range but what's wrong with a stable 20k while we count down the days to halving?

I suppose one explanation is that the expectation of investors and speculators are completely different, speculators want more than anything for the price to be volatile, they do not really care about the direction of the movement as long as it occurs, it is big and lasts a long time, but investors have completely different expectations out of the market, while a positive trend is always welcome, a stable price is probably the best entry point they can ask for, which is exactly what we are witnessing, so it is not surprising that while investors are satisfied with the conditions of the market speculators are not really happy about them.

And I won't tire of saying that the majority of people calling themselves investors really are just speculators. I suppose I'd have to really define what that means for me, but I rather feel those who don't actually use (as in, interact with blockchain) really don't see it more than something they're counting on for quick turnarounds.

See, the expectation matches too. If you're investing for even medium term (which should mean several years), then you already know everything in the short term hardly matters to projections later, shorn off market sentiment and external pressures.

In fact, longer term, investors probably would expect losses (given the risk of investment rather than promise of it) and liquidate when limits are hit. Not a nervy affair but factual resignation.

[Moshi Moshi]

it's still early october and bitcoin is still above $20k of course this is very good for the future,
i predict bitcoin will go to a minimum of $30k at the end of october,
because these few days Bitcoin is very strong support at $18k-$20k .

[Odusko]

And I won't tire of saying that the majority of people calling themselves investors really are just speculators. I suppose I'd have to really define what that means for me, but I rather feel those who don't use (as in, interact with blockchain) don't see it more than something they're counting on for quick turnarounds.

But what about the newfangled expression: short-term investor?

In general, in the crypt, many concepts are blurred and their substitution takes place. Although if you look even deeper, almost all market participants are speculators and do not delve into what they are investing in, only the difference between the purchase price and the sale price is important to them, the majority simply ignores the fundamental component

Well, it can also be noted that any market participant who makes an investment decision based on a chart or technical analysis can also hardly be called an investor.

Real investors will take into account various components before making a decision and will have long-term calculated risk assessments of the project he/she want to dive into.
Most people in crypto are not investors but are rather just free money grabbers and that is why their attention is focused on the charts and speculations to pick the next coin to buy and waiting for the price to skyrocket 100x which most times become impossible.
Investors have traceable knowledge that will be seen in their decision and the outcomes of those decisions are always profiting.

[rodskee]

it's still early october and bitcoin is still above $20k of course this is very good for the future,
i predict bitcoin will go to a minimum of $30k at the end of october,
because these few days Bitcoin is very strong support at $18k-$20k .

While I want to believe you yet your views aren't constant at all because what only the reason is that because of the strong support at 18-20k but you did not mentioned that same support we have in the past months yet we fall badly.

though the lowest is still 18k , but the problem is that there are no clear views of what we can expect , because the market of the world continues to fall and the economy is in the hard tail from months ago that we knew Bitcoin and crypto goes to follow.

[Don Pedro Dinero]

$20k is so boring. We've been at 20k for long enough, but maybe not for those just starting,
It's a good price to accumulate more BTC for the bull season will be full of tremendous profits.

Did you know that the surest way to get rich is boring? It's usually slower, but safer than the exciting ones. As you say, it's a good time to accumulate.

As for this month, I think it's going to be like last month, the price is going to be around 20,000 USD. I don't expect significant changes in the price until the mid-term elections in the USA or if we have any shocking news, like regarding the war, for example.

[TravelMug]

$20k is so boring. We've been at 20k for long enough, but maybe not for those just starting,
It's a good price to accumulate more BTC for the bull season will be full of tremendous profits.

Did you know that the surest way to get rich is boring? It's usually slower, but safer than the exciting ones. As you say, it's a good time to accumulate.

As for this month, I think it's going to be like last month, the price is going to be around 20,000 USD. I don't expect significant changes in the price until the mid-term elections in the USA or if we have any shocking news, like regarding the war, for example.

And I wouldn't call it boring as well, there are many facets of crypto market, and this is one so we should be ready for this kind of trend.

We also have the recession that really contributed to this kind or price movement. Nevertheless, boring as it might look, this is a perfect opportunity for us to accumulate not just this October, but for the rest of the year. But I will also echo the sentiments of $20k-$22k this month, nothing huge movement.

[Wong Goblog]

it's still early october and bitcoin is still above $20k of course this is very good for the future,
i predict bitcoin will go to a minimum of $30k at the end of october,
because these few days Bitcoin is very strong support at $18k-$20k .

We can draw conclusions in October whether to rise or dump if it has reached the 20th, usually the trend is easy to change when it is still early, but if it has been 20 days then in general the condition will not be too far, I think that the price of October will be in the range of $ 18 K- $ 21K.

[STT]

Needs the maintain the trend here, sideways weakens until it hits something positive but how far and for how long must that be its surely testing the patience of many to take this long.


Most important thing its failing to pass the 50 day average, have to cross off the positive scenario if it closes the week like this.   Most optimistic take is neutral, slow in consolidation stuck in the mud
  Its possible only days and weeks matter, like a seed waiting for spring timing matters and the flower that starts too early only catches a frost.