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October 13, 2022, 12:55:16 PM
 #121

We are currently entering the second week of October and bitcoin is still experiencing a decline in price where currently the bitcoin price is traded in the $18k-$19k range. Therefore we don't know the extent of the bitcoin price movement throughout October whether the downward trend will continue or there will be a sharp increase. So let's see where the bitcoin price will go until the end of this month.

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October 13, 2022, 04:28:22 PM
 #122

Basically no one knows what will happen this October, so everyone is free to predict where the Bitcoin price will go. All possibilities can happen, especially since we know that Bitcoin's movements are very volatile, therefore it is difficult to predict. So it's better for us to make decisions based on our own research and analysis, rather than relying on other people's predictions that don't guarantee accuracy. But if we see the bear market has been running for almost a year and there is no indication that the bear market will end.
It is definitely easier to just wait for it for the longer term because in the end we are talking about something that will take a very long time to do. I mean imagine a situation where it would be near impossible for you to end up with a result that is a loss if you just hold it as long as possible.

I am not saying that it will happen right away, but in the long run it will happen after a while, and that’s a lot better. If you focus on the short term, then you are not going to end up with a profit at all because it’s much harder, even if you are right once, you could be wrong the next time and there is no reason why you should be doing that at all.

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October 13, 2022, 05:07:24 PM
Last edit: June 11, 2023, 11:35:33 PM by STT
 #123

Easier to wait for this pattern to alter before guessing, it can go either way.   Probably price takes wavers across both sides below 19k and above 50 day average but where does it stay, thats where the trend is decided probably but still waiting. Can we get an answer this month or not I wonder, hope so but also fine if Bitcoin takes all the time it needs to be sure :p



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October 13, 2022, 09:24:10 PM
 #124

^^ I guess if we are above our lowest price for this year which is around $17k we are all good. We are still holding on the big barrier around $18k-$20k and so I will say that this will remain the case till the end of this year. We did have gain some around $20k, but their is CPI news that says that we are going down the hill very fast and so the market react negatively again going below $18k for the nth time. But as I have said, I'm not seeing the price hitting all time low this 2022.

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October 13, 2022, 09:53:00 PM
 #125

Basically no one knows what will happen this October, so everyone is free to predict where the Bitcoin price will go. All possibilities can happen, especially since we know that Bitcoin's movements are very volatile, therefore it is difficult to predict. So it's better for us to make decisions based on our own research and analysis, rather than relying on other people's predictions that don't guarantee accuracy. But if we see the bear market has been running for almost a year and there is no indication that the bear market will end.
It is definitely easier to just wait for it for the longer term because in the end we are talking about something that will take a very long time to do. I mean imagine a situation where it would be near impossible for you to end up with a result that is a loss if you just hold it as long as possible.

I am not saying that it will happen right away, but in the long run it will happen after a while, and that’s a lot better. If you focus on the short term, then you are not going to end up with a profit at all because it’s much harder, even if you are right once, you could be wrong the next time and there is no reason why you should be doing that at all.

Indeed, our risk of experiencing a greater loss if we force a short-term investment in Bitcoin. Bitcoin is undoubtedly the safest choice of coins for us
to buy in a bear market situation like now. But we also have to know how the safest way to increase our chances of making profit from Bitcoin.
Based on my experience of several years of investing in Bitcoin, it is indeed very difficult to make a profit if we invest in Bitcoin short term.
Because it is very difficult to get sustainable profits if short-term investments, what is feared is that the amount of loss experienced is greater than
the profit generated. That's why we have to take a risky step if there is a safer step to take, the most important thing for a successful investment
in Bitcoin is how we can be patient holding Bitcoin in the long term. Moreover, Bitcoin since entering the market has proven that every 4 years
it will usually reach new ATH, it means the longer we hold Bitcoin, the bigger the profit we make.

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October 13, 2022, 11:08:38 PM
 #126

^^ I guess if we are above our lowest price for this year which is around $17k we are all good. We are still holding on the big barrier around $18k-$20k and so I will say that this will remain the case till the end of this year. We did have gain some around $20k, but their is CPI news that says that we are going down the hill very fast and so the market react negatively again going below $18k for the nth time. But as I have said, I'm not seeing the price hitting all time low this 2022.
We do still have 2 months before this year ends which we dont even know if we would really be going past 17k bottom price for this year.Nothing is certain and nothing is something conclusive.

Guessing and predicting is a never ending cycle we do have here on crypto thats why risk taking would really be that crucial.Each decisions would be made will be entirely depending on a certain trader/
individual.
I guess for this month of October that we do still continue to move sideways as where we dont really see any bullish events or situations where could make prices been pushed up.

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October 14, 2022, 03:10:37 AM
 #127

^^ I guess if we are above our lowest price for this year which is around $17k we are all good. We are still holding on the big barrier around $18k-$20k and so I will say that this will remain the case till the end of this year. We did have gain some around $20k, but their is CPI news that says that we are going down the hill very fast and so the market react negatively again going below $18k for the nth time. But as I have said, I'm not seeing the price hitting all time low this 2022.
We do still have 2 months before this year ends which we dont even know if we would really be going past 17k bottom price for this year.Nothing is certain and nothing is something conclusive.

Guessing and predicting is a never ending cycle we do have here on crypto thats why risk taking would really be that crucial.Each decisions would be made will be entirely depending on a certain trader/
individual.
I guess for this month of October that we do still continue to move sideways as where we dont really see any bullish events or situations where could make prices been pushed up.

The remarkable information in this October is that the CPI has finally passed and no strong dumping has occurred, bitcoin fell to $18.3k shortly after the CPI was announced but today has bounced back above 19.5k and is likely to break $20k. It can be said that the remaining days of October bitcoin will continue to move sideways. But whether the market will deteriorate or not, perhaps we will not know until November because with the CPI not falling as expected, it is inevitable that the Fed will continue to raise interest rates. I think we will have a new low before the end of the year.

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October 14, 2022, 03:51:23 AM
 #128

At least 25k ? this maybe hard as this Month is just started but we can feel that there is a hard days coming before it ends so I will only look at 25k before releasing some of my funds for my business extension next month as the business will be for December season.
Many experts say that the market conditions at the end of the year are very dependent on October, from some previous history, October is indeed a sign of whether the market will be red or green, and we have entered the 8th but there has been no movement in the market.
Market never depend in single month , instead the year is whole and there are months to cover , investors usually love waiting in this month because this is the beginning of the end year.

The condition of the Internal ‍side of the crypto market is undoubtedly good but the outside condition is in crisis. Ukraine Russia war effect is now everywhere. In the coming winter, Europe will have to pass difficult time lacking of fuel. Considering that time, people are already suffering from existence. As a result, the image of the other year was no longer visible in this month. Now it is uncertain when the situation will be normal. In this way we can expect maximum $21k at the end of the month.
yeah and that is main reason why we should consider adjusting our Holding if we are not ready for long term as it may take years before totally recovered , though the price keeps holding up to 20k and above yet there is no assurance of this staying long.
so if we wanted to be safe then better decide now or be a loser till the coming halving.
Easier to wait for this pattern to alter before guessing, it can go either way.   Probably price takes wavers across both sides below 19k and above 50 day average but where does it stay, thats where the trend is decided probably but still waiting. Can we get an answer this month or not I wonder, hope so but also fine if Bitcoin takes all the time it needs to be sure :p


this means one thing and that is we must be ready for what to come and lessen our expectation if we wanna survive this falling market.

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October 14, 2022, 11:35:05 AM
 #129

We are currently entering the second week of October and bitcoin is still experiencing a decline in price where currently the bitcoin price is traded in the $18k-$19k range. Therefore we don't know the extent of the bitcoin price movement throughout October whether the downward trend will continue or there will be a sharp increase. So let's see where the bitcoin price will go until the end of this month.
I''m not expecting any perfect or best result now , this month is like other months before that will only brings headache if you will ask for best result  but at least next month as the signal in year ending as November will be the decisioning position of investors if they will continue to support or will release their funds temporarily .
Bitcoin will not show any bad or good result unless the big investors or whales shows their support now.

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October 14, 2022, 06:22:36 PM
 #130

October there is no significant movement, it can even be said that in September the market can rise and almost reach $ 25k, if you look at the trend that has occurred until the 14 the highest position and $ 17k for the lowest price.

Actually what you need to understand is that price movements do not depend on a particular month such as October in every year for Bitcoin. Because the price of Bitcoin will always move when there is more demand in the market, because supply and demand in the market is the basic thing that makes the price of Bitcoin move significantly.

Not in certain months like October, because if this month there is no increase in the volume of demand and supply, it is clear that the price of Bitcoin itself will not increase significantly and that is very reasonable in my opinion.

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October 15, 2022, 12:14:37 AM
 #131

We are currently entering the second week of October and bitcoin is still experiencing a decline in price where currently the bitcoin price is traded in the $18k-$19k range. Therefore we don't know the extent of the bitcoin price movement throughout October whether the downward trend will continue or there will be a sharp increase. So let's see where the bitcoin price will go until the end of this month.
I''m not expecting any perfect or best result now , this month is like other months before that will only brings headache if you will ask for best result  but at least next month as the signal in year ending as November will be the decisioning position of investors if they will continue to support or will release their funds temporarily .
Bitcoin will not show any bad or good result unless the big investors or whales shows their support now.
Same situation i deserve i am also not expecting much in the month of October either. Because I have already taken ideas from various market analysis. Moreover, there is a large dumping situation at present. In 2018, there was a major collapse during this period. We can't make much of Bitcoin at that time. Moreover, the global situation is not good. So we need to take more time to see the signals of Bitcoin.
yeah though it is more we can call collapsed last 2020 when the Pandemic strikes and makes the whole world suffers from crisis and traumatic dumping .

The market change everything from good to bad but yet recovered after few months and made ATH in the year ender .

so yes lets just trust the capacity of bitcoin to make us all profiting .

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October 16, 2022, 06:59:04 PM
 #132

At least 25k ? this maybe hard as this Month is just started but we can feel that there is a hard days coming before it ends so I will only look at 25k before releasing some of my funds for my business extension next month as the business will be for December season.
Market never depend in single month , instead the year is whole and there are months to cover , investors usually love waiting in this month because this is the beginning of the end year.
The condition of the Internal ‍side of the crypto market is undoubtedly good but the outside condition is in crisis. Ukraine Russia war effect is now everywhere. In the coming winter, Europe will have to pass difficult time lacking of fuel. Considering that time, people are already suffering from existence. As a result, the image of the other year was no longer visible in this month. Now it is uncertain when the situation will be normal. In this way we can expect maximum $21k at the end of the month.
yeah and that is main reason why we should consider adjusting our Holding if we are not ready for long term as it may take years before totally recovered , though the price keeps holding up to 20k and above yet there is no assurance of this staying long.
so if we wanted to be safe then better decide now or be a loser till the coming halving.
Some says that long term investing is easier than in short term but how come when there are negative news that constantly occur which can affect our portfolio? And for someone who are panicky and faint hearted, this is going to be tough for them but all those can be avoided if they are only hodling for short term because they can sell before a negative news hits this market.

Btc price is volatile so $20k may not stay for a long time but it will always find a way to move to another price range. It can return to $19k again or will go $21k and higher. For someone who's into longer terms, their decisions won't change. They can accept to lose temporarily but in return of it are greater profits in the future.

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October 16, 2022, 09:13:11 PM
 #133

We have been running half in October, yesterday the price almost touched $ 20k but before the red market again, even today dropped under $ 19K, if you see the trend since the beginning of the month it seems the October will be the same as the previous month or slowly decrease.
More than half of october does not recover prices and tends to keep prices from falling to their lowest point, so even though the trend so far has similarities with the price chart movements of the last month but we have another half month without us knowing the next price conditions, so far the price has almost reached $20k with slow gains but if the price hits $20-21k by the end of the month then it signals a recovery phase next month and hopefully we will enter a bull market as soon as the last few months the price has slumped.

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October 16, 2022, 09:19:25 PM
 #134

Bitcoin has made many attempts to break away from the 19k region severally within the last week but the price always pulls back and relies on around 19,000 to $19150 at most and in some cases approaching the $19500 region but that has not been achieved with sustainability market resistant at that price.
So this month of October is highly unpredictable for now and we can't tell if we are going to see more bear market or an arrival of a bull season since the winter is already approaching.

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October 17, 2022, 04:45:16 AM
 #135

Quote
We have been running half in October, yesterday the price almost touched $ 20k but before the red market again, even today dropped under $ 19K, if you see the trend since the beginning of the month it seems the October will be the same as the previous month or slowly decrease.
Since the price of Bitcoin almost touch $20k yesterday show that the price of Bitcoin will not go down more than $18k in this month of October before the price will increase higher for those that well prepared to start happy for what is coming to their investment. I guess, the price of Bitcoin will reach $40k before the end of October because the red light is about to disappear for green light to remain stable through out the year for traders to believe that bear market has come for both long term traders and short term traders to smile again in the community.

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October 17, 2022, 06:15:42 PM
 #136

I guess you know that answer about why the price keeps going on sideway, it's because we are in a bear market.

That's why smart investors know how to take advantage of this market movement. Keeps on accumulating until some time that they have enough and just be ready to sell if the bull run if they needed fiat.

But definitely, long term is the key here, as a I have said, it's better to look very positive even when the price is declaining. Invest, simply as that.
Bear market doesn't mean sideways, bear market means crashing down, sideways is sideways, it's neither bear nor bull because they mean up and down, not sideways. People forget this, and they think we are in a bear market and that upsets me, because bear market is something bad, and to think that we are doing badly is wrong, we are doing fine, for many months it has been between 18k-25k levels and it hasn't gone above or below that level for so long, which means we haven't been doing that bad for that long.

If you think we are doing bad now, when the price reaches 60k and stays there for months, would you think it's doing good? You are not making any profit when that happens, why would that be good? You need it keep going to be bull, and keep dropping to be bear.
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October 17, 2022, 06:58:37 PM
 #137

Bitcoin has made many attempts to break away from the 19k region severally within the last week but the price always pulls back and relies on around 19,000 to $19150 at most and in some cases approaching the $19500 region but that has not been achieved with sustainability market resistant at that price.
So this month of October is highly unpredictable for now and we can't tell if we are going to see more bear market or an arrival of a bull season since the winter is already approaching.
It is almost the end of October but we are still not getting any clear indication about the market. There is no guarantee that the market will improve as it currently exists. Rather, there is nothing to be surprised if it is bad. Expect the market to remain at a stable level till November. Hope to see some improvement in November. But that will depend on the global conditions.

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October 19, 2022, 04:44:08 PM
 #138

Bitcoin has made many attempts to break away from the 19k region severally within the last week but the price always pulls back and relies on around 19,000 to $19150 at most and in some cases approaching the $19500 region but that has not been achieved with sustainability market resistant at that price.
So this month of October is highly unpredictable for now and we can't tell if we are going to see more bear market or an arrival of a bull season since the winter is already approaching.
It is almost the end of October but we are still not getting any clear indication about the market. There is no guarantee that the market will improve as it currently exists. Rather, there is nothing to be surprised if it is bad. Expect the market to remain at a stable level till November. Hope to see some improvement in November. But that will depend on the global conditions.
If you look at the trend carried out by bitcoin since June, it is clear that the inability of bitcoin can be separated from the price in the range above $25K and will always be below it, even for the past few weeks it has always been below $20K. I don't think there will be any surprises from bitcoin after entering its third week and there is no indication that it is pointing to improvement.
the price is likely to continue to be in the range of $18K+ and will not be able to get to a price above $25K, and this may last until the end of the year because the effects of the economic crisis that hit the world are also very influential.

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October 20, 2022, 07:24:47 AM
 #139

This time around the way I experiencing the kind prices of Bitcoin in different situation and different time so I believe that the price you cannot stick is 17 k and it will be more than that so everything all people are doing is speculation because they don't know they're the exact time and their structure of the price of Bitcoin will gets into before the end of this year

Although everyone does not know for sure about the exact time for the Bitcoin price structure in the future, I think everyone who tries to speculate logically is very reasonable, because they certainly have their own reasons in terms of speculation or when speculating.

And if you still strongly believe in the brightness of the future of Bitcoin, I think you should not be afraid to buy at this time according to what you can afford and never push yourself if you don't have the ability to buy, even if it's for Bitcoin.

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October 23, 2022, 03:36:05 PM
 #140

The price of Bitcoin to rise don't have a specific months that is involved in the increment of cryptocurrency, so i believe that Bitcoin price is something that regulates itself. But i heard some people who is saying bitcoin will increase in November or December, so I'm telling them that ends of year doesn't bring increment in cryptocurrency, but one thing i noticed is that Bitcoin itself have a thing that makes the price to bump without the awareness of the investors
it seems you are right, there is no specific specification for determining what month bitcoin will increase, but in the halving period there will usually always be a certainty that bitcoin will increase. But will the next halving happen according to custom? Of course I hope it's because of the next halving in 2024 where maybe the economic crisis has started to pass and bitcoin will be able to increase again.
but i don't believe the rest of this month in 2022, there will be changes to bitcoin because the crisis period has just started and that's definitely not good news for bitcoin.

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