Bitcoin October Month Performance

[TravelMug]

What do you think?
How much will Bitcoin pump this October? 👀

October could be the month we have expected to see the bitcoin market price rise from where we are currently to about $35,000 to $40,000 since the last days already have been showing some significant steps to rise as we've attained $27,000 already, if this is maintained then there's every likely possibilities that the bitcoin market may rise more gradually till we get there before the end of the October.

If we look at the historical logs, yeah it might be possible, but I don't think that we can simply rise to $35k-$40k in just one month. My conservative estimates could be around $30k at least.

However, market could be very volatile, so it's 50/50 that we might hit that numbers or not. There could be something big that will push the price to go to $30k though so it's important to see what will it be. Or another black swan event that might dampen the network and break the pattern of October right after the next block halving year.

[1714492968]

1714492968

[taufik123]

If we look at the historical logs, yeah it might be possible, but I don't think that we can simply rise to $35k-$40k in just one month. My conservative estimates could be around $30k at least.

However, market could be very volatile, so it's 50/50 that we might hit that numbers or not. There could be something big that will push the price to go to $30k though so it's important to see what will it be. Or another black swan event that might dampen the network and break the pattern of October right after the next block halving year.

Not to expect Bitcoin to be able to break $35k-$40k this month, just enough to stay above $27k and tend to rise to break the price of $30k alone is good enough.
Bitcoin has 3 months to break the $30k price, if until the end of the year Bitcoin has not been able to break it, we will see the next bear market.

Bitcoin needs good news to push the price through $30k and of course, we will see it again later.
For several years October has been a reversal month, hopefully, this October will be Bitcoin's savior and make the crypto market rise again.

[yudi09]

How much will Bitcoin pump this October? 👀

Can't predict what percentage will occur in October 2023. Regarding price pumps will occur but I don't think it will be too high perhaps because of the delay in the bitcoin spot ETF announced by the SEC for BlackRock, Valkyrie, and Bitwise spot.
This problem of delays is part of the story of circumstances that influence market prices.
From the bitcoin price table every year, in October the bitcoin price movement is usually more positive. So, stay patient and hold on.

[flyingcarpet]

If we look at the historical logs, yeah it might be possible, but I don't think that we can simply rise to $35k-$40k in just one month. My conservative estimates could be around $30k at least.

However, market could be very volatile, so it's 50/50 that we might hit that numbers or not. There could be something big that will push the price to go to $30k though so it's important to see what will it be. Or another black swan event that might dampen the network and break the pattern of October right after the next block halving year.

Not to expect Bitcoin to be able to break $35k-$40k this month, just enough to stay above $27k and tend to rise to break the price of $30k alone is good enough.
Bitcoin has 3 months to break the $30k price, if until the end of the year Bitcoin has not been able to break it, we will see the next bear market.

Bitcoin needs good news to push the price through $30k and of course, we will see it again later.
For several years October has been a reversal month, hopefully, this October will be Bitcoin's savior and make the crypto market rise again.

While waiting for Bitcoin's price increase, it seems more logical to wait for it to rise gradually. Because it suddenly rises too much and falls back again. The price should not remain below our expectations until the end of the year. It would be better to enter the new year with a good price, but many news in the market may prevent this.

The price has been stuck for a long time and does not know where to go. We need good news.

[Ndabagi01]

Bitcoin October Month Performance

🟢2013 → 60.79%
🟢2015 → 33.49%
🟢2016 → 14.71%
🟢2017 → 47.81%
🟢2019 → 10.17%
🟢2020 → 27.7%
🟢2021 → 39.93%
🟢2022 → 5.56%
⚪2023 → ?? %

What do you think?
How much will Bitcoin pump this October? 👀

Comment Your opinion ⬇️

Only in 2013 did bitcoin outperform the market in every October to 50% since its inception. We've seen a number of bear markets this year, and many of the projections from previous years didn't match up with this year's, so I don't think the will alter significantly from where it is today. My guess is that, it will be quite difficult to see it reach $30K before the end of this month. I believe that the market will still see some volatility before entering a long-term bull market by the end of the year, or no later than January 2024.

[taufik123]

While waiting for Bitcoin's price increase, it seems more logical to wait for it to rise gradually. Because it suddenly rises too much and falls back again. The price should not remain below our expectations until the end of the year. It would be better to enter the new year with a good price, but many news in the market may prevent this.

The price has been stuck for a long time and does not know where to go. We need good news.

It's better to go up gradually than to go up with FOMO which will eventually dump suddenly.
A gradual increase will build strong support for Bitcoin to hold when bad news hits and strong support is very important.

Right now we can only collect more even though the price is still stuck.
There will be a time when the price will shoot all the way up to the strongest resistance.

Do good management, buy and hold so that you can accumulate more and more assets and eventually get more profits.
Do not just sit back and watch the market continuously without any action taken.

[Unbunplease]

Usually in October, bitcoin shows a good increase in price. I think that October 2023 is unlikely to be an exception to the rule. Most likely, good news will start in the middle of October. Maybe there will be information about likely approval of, for example, BlackRock ETF or something similar. As they say, fingers crossed for good luck

[Don Pedro Dinero]

Well, looking at the statistics I think that October will be a positive month for the price but the regularities that we observe in them may end up being broken, so we cannot rule out a negative month for the price. Note that until last year we could say that in October bitcoin returns were in double digit percentages, and that last year that was no longer the case. But well, approaching the halving that we are in and with history backing it up, I think we will end up in the positive, but I would say not much for the historical series, like 5-15%.

[Nrcewker]

October is the time when we see some growth in the coin in each year. So year this year the same pattern will be followed as expected. There is hardly 3 months now left for 2024, and as we know Bitcoins follow a 4 year cycle to reach ATH price, so 2024 is the 4th year. Hence there is high expectations that soon the price will go up. So I would suggest everyone to buy and accumulate as many Bitcoins as you can and hold it till July of 2024. Definitely you will see massive profits in few months.

[famososMuertos]

...777:.

With that range of dates and given that fall in October 2022 is presented as the lowest of all, the answer is simple, with respect to October last year, it is not that difficult, well...

So,the percentage should not even be greater than 7%, which would be quite enthusiastic.

[Falconer]

-snip-

Not to expect Bitcoin to be able to break $35k-$40k this month, just enough to stay above $27k and tend to rise to break the price of $30k alone is good enough.
Bitcoin has 3 months to break the $30k price, if until the end of the year Bitcoin has not been able to break it, we will see the next bear market.

Bitcoin needs good news to push the price through $30k and of course, we will see it again later.
For several years October has been a reversal month, hopefully, this October will be Bitcoin's savior and make the crypto market rise again.

Until now bitcoin is still having difficulty maintaining its value above $27k, but there is hope in October about that. I believe a price recovery is more likely now that we have been in the accumulation phase over the last few weeks, but there would certainly have to be a big push for $35k to be reached.

I also wouldn't imagine the $35k resistance would be easy to hit in October, but $30k seems reasonable to expect. We still have 3 months until the end of the year and usually this is something that can be considered good for price recovery.

[Lanatsa]

How much will Bitcoin pump this October?

Some people and analysts are predicting that the price of bitcoin may increase in October. But I think the price of bitcoin may not increase as expected.  I think bitcoin can increase to $27400 to $28000 but can be the maximum price and later start to decrease and have resistance at 25000 again. But generally speaking, I do not think bitcoin price is going over $30000 in October. That is just my guess.

Better to have this kind of anticipation rather than on making yourself that too bullish about the price.It isnt really that bad on trying to look those histories in speaking about those percentage gains on a certain month

of the year. It could really vary and there are really that those common factors on which it could really be affecting out those numbers on which it would really be just that better that never ever make yourself that too optimistic towards the price so that on the time that it didnt hit up on what you had anticipated then you wont really be making yourself that get frustrated. This is why always be that versatile on whatever numbers that it would be showing but honestly we are all hoping for some positive for this upcoming October which considering that in month of September which the price is really just that behaving on moving sideways
and we've been that too stagnant for too long as same goes into those previous months. Well, we arent really that still on that halving period but pretty sure that on the time that we do get closer then
movements could really be that something noticeable.

This is why its not really that bad on taking up actions specially on accumulating while the price or its value is still that cheap or low, because we might not really be seeing this numbers again once
the market would really be starting to fueled up and would really be  going into those digits that we havent seen before. People doesnt really look for long time or term aspect
but rather focusing too much on shorter one.

[karabiber]

What do you think?
How much will Bitcoin pump this October? 👀

October could be the month we have expected to see the bitcoin market price rise from where we are currently to about $35,000 to $40,000 since the last days already have been showing some significant steps to rise as we've attained $27,000 already, if this is maintained then there's every likely possibilities that the bitcoin market may rise more gradually till we get there before the end of the October.

We have entered the safe zone again for Bitcoin. This part is fun for me and it is much easier to read the price movements in this part. I think we have left behind a difficult process and now the fears and worries are behind us. I made my purchases in Bitcoin in two levels. Now it is simpler to read the price movements in the market with the incoming intersections. I am not sure whether this incoming breakout will start a rise or not but in general, if we look at the Bitcoin October performances in the past years, i think October will be bullish for Bitcoin.

[Odusko]

October is just next week and a lot of positivities of Bitcoin's potential price breakout which has become a much-anticipated thing for a while now since Bitcoin touched it once basic price level of 25k some days ago, this is why a lot speculations that we may see a more drastic price movement that can bring bitcoin close to around 28k which should be the least basic line to determine the benchmark at the end of October.

[goaldigger]

October is just next week and a lot of positivities of Bitcoin's potential price breakout which has become a much-anticipated thing for a while now since Bitcoin touched it once basic price level of 25k some days ago, this is why a lot speculations that we may see a more drastic price movement that can bring bitcoin close to around 28k which should be the least basic line to determine the benchmark at the end of October.

We’re still on the level of $26k though I’m bullish that we might be able to break it in October as many good news are already taking their place and that could add up for the up coming bull run. Let’s be more positive this last quarter of 2023 and hope that we are on a better place now, I assume it will be around 10% up compare to last year and this could be more of a realistic guess, let’s see how the market behave in October.

[bestcoins1]

Bitcoin October Month Performance

🟢2013 → 60.79%
🟢2015 → 33.49%
🟢2016 → 14.71%
🟢2017 → 47.81%
🟢2019 → 10.17%
🟢2020 → 27.7%
🟢2021 → 39.93%
🟢2022 → 5.56%
⚪2023 → ?? %

What do you think?
How much will Bitcoin pump this October? 👀

Comment Your opinion ⬇️

It is still difficult to say price predictions for October this year even though you have provided facts for every October in previous years. But I can only believe that if the price increase can occur in October, I think the level of increase will be slightly better than in October last year. Because the potential for price declines is still very possible in the next month and in fact the level of price change may not be too much in the next month if the increase only occurs in a very small percentage.

[TelolettOm]

In the upcoming month of October, I think there will be a bit of an aggressive movement in the market, because I have also noticed that in the month of October there is also a change in terms of increasing the value of Bitcoin or other cryptocurrencies. Especially since there is an upcoming event in the month of October regarding the application of Blacktock in Sec.

Aggressive movement? Do you mean a significant change in price? 
No sure whether we will have a significant movement in Bitcoin price, I don't think the Blacktock will bring significant impact if we still have many FUDs. I don't really understand what Blacktock is, but I feel that FUDs still have higher impacts. The only thing that probably have a big influence is Bitcoin halving, the hype may be started in the early of the next year (not in the next month).

Anyway, there is no guarantee that the previous good history on October will repeat. The current price scheme may be different from the previous cycles. So, I'm not very optimistic about the potential pump in the next month. I prefer to wait for good news related to crypto world, IMO it may have bigger impacts.

[pixie85]

Have you noticed that OP is trying to make it look like every October is green, but there's a reason why the list is lacking a few years, mainly
2012 -10%
2014 -12%
2018 -4%

a +5% in 2022 is actually like no move at all. Bitcoin experiences moves like this almost every month so getting a + or - 5% can be a statistical error.
Don't get too excited.

The market reacts so much to the slightest piece of news about ETF and Gensler that you can get +10 or -10% this month without any real news about bitcoin.

[tabas]

Bitcoin October Month Performance

🟢2013 → 60.79%
🟢2015 → 33.49%
🟢2016 → 14.71%
🟢2017 → 47.81%
🟢2019 → 10.17%
🟢2020 → 27.7%
🟢2021 → 39.93%
🟢2022 → 5.56%
⚪2023 → ?? %

What do you think?
How much will Bitcoin pump this October? 👀

Comment Your opinion ⬇️

Based on that sequence, then we should get one more drop then by 2024 we'll see an October that's on gains.

October is just next week and a lot of positivities of Bitcoin's potential price breakout which has become a much-anticipated thing for a while now since Bitcoin touched it once basic price level of 25k some days ago, this is why a lot speculations that we may see a more drastic price movement that can bring bitcoin close to around 28k which should be the least basic line to determine the benchmark at the end of October.

$28k won't be hard since we've seen $27k and then pulled back a bit. News are like the pushers of the market at these times, they're like setting the demand depending on what will be shown especially with what's popular these days, the ETFs. $25k is likely the support this time and if it drops some more, I'll start buying again.

[hatshepsut93]

Bitcoin October Month Performance

🟢2013 → 60.79%
🟢2015 → 33.49%
🟢2016 → 14.71%
🟢2017 → 47.81%
🟢2019 → 10.17%
🟢2020 → 27.7%
🟢2021 → 39.93%
🟢2022 → 5.56%
⚪2023 → ?? %

What do you think?

Monthly performance is irrelevant, because there's no cyclic factors in Bitcoin that cycle in 1 full year. There's also no seasonality. Bitcoin cycles are only tied to halvenings and repeat every 4 years.

This is just an attempt to look for a pattern where there is none. There's no good months or bad months for Bitcoin.