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Author Topic: Bitcoin October Month Performance  (Read 922 times)
fzkto
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October 01, 2023, 06:04:55 PM
 #61

With the way Bitcoin price is going as this month of September is coming to an end I have that feeling that October would be a promising month compare to August and September put together. I'll say let the count down begin for a better October, the current price of Bitcoin is $26,900 and we should be hopeful that in the first week of October it will have a boost to $27k and still raising.
So for now let's see what the remaining hours of September would pass on to October, I hope the market would take a positive turn, for me, $30k+ is the target.
Bitcoin has only had two red Octobers in its history, so there is a really high probability that we will see a rise this October. It would be good if bitcoin can break the resistance at 32k. But it's probably too early to tell.

That's in the past to speak about October don't expect what happened 2-3 years ago to happen again let's accept what the market is giving us. Bitcoin price might or might not get to what you're expecting and I'm not sure of seeing $32k this month but I'm sure $30k is certain as the price is $27k at the moment it might even get to $29k before the end of this week, just saying though.
September was more often red, but this time it was green. Which may suggest that past repeats may not actually happen. It doesn't really matter if it's October, September or November now. The important thing is to be patient. If the price drops, you can buy more coins. If it doesn't fall, then we hold the bags until the next bull season.

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October 01, 2023, 07:16:21 PM
 #62

Opening first day in October not really promising with Bitcoin performance still stable around $27k, we have pass September with bad bitcoin price performance and keep stable in lower price. Still speculation what goings on in this month will Bitcoin moment for raising up to higher price until close with halving? Still need more patience looking the opportunity with bitcoin will back above $40k due last month most highest price around $32k and bitcoin difficult break out form that price.
Keep optimistic with bitcoin has chance raise up above $40k but its not raise in the early of October, possibility middle or the end of October has chance for bitcoin raise and make higher price around last several months before.

R


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October 01, 2023, 07:38:38 PM
 #63

With the way Bitcoin price is going as this month of September is coming to an end I have that feeling that October would be a promising month compare to August and September put together. I'll say let the count down begin for a better October, the current price of Bitcoin is $26,900 and we should be hopeful that in the first week of October it will have a boost to $27k and still raising.
So for now let's see what the remaining hours of September would pass on to October, I hope the market would take a positive turn, for me, $30k+ is the target.
Bitcoin has only had two red Octobers in its history, so there is a really high probability that we will see a rise this October. It would be good if bitcoin can break the resistance at 32k. But it's probably too early to tell.

Yup, historically October has been a Green month for Bitcoin, only twice has it been negative.



So as we leave a fairly static September behind hopefully October will be Green.

Two events looming on the horizon, one definite Bitcoin Halving one unpredictable Blackrock ETF
October still falls outside the 6 month run in to the halving but it could set it up for the bull run...

R


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fzkto
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October 01, 2023, 08:34:51 PM
 #64

With the way Bitcoin price is going as this month of September is coming to an end I have that feeling that October would be a promising month compare to August and September put together. I'll say let the count down begin for a better October, the current price of Bitcoin is $26,900 and we should be hopeful that in the first week of October it will have a boost to $27k and still raising.
So for now let's see what the remaining hours of September would pass on to October, I hope the market would take a positive turn, for me, $30k+ is the target.
Bitcoin has only had two red Octobers in its history, so there is a really high probability that we will see a rise this October. It would be good if bitcoin can break the resistance at 32k. But it's probably too early to tell.

Yup, historically October has been a Green month for Bitcoin, only twice has it been negative.



So as we leave a fairly static September behind hopefully October will be Green.

Two events looming on the horizon, one definite Bitcoin Halving one unpredictable Blackrock ETF
October still falls outside the 6 month run in to the halving but it could set it up for the bull run...
I hope that halving can actually have some effect on the price rise, but for it to be before and not after the halving happens. Remember the collapse in March 2020 and all models were broken. There was a halving then too and nobody could have predicted that it would happen. So ETFs can play a role in October and I would like nothing bad to happen.

.
HUGE
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October 01, 2023, 08:41:34 PM
 #65

With the way Bitcoin price is going as this month of September is coming to an end I have that feeling that October would be a promising month compare to August and September put together. I'll say let the count down begin for a better October, the current price of Bitcoin is $26,900 and we should be hopeful that in the first week of October it will have a boost to $27k and still raising.
So for now let's see what the remaining hours of September would pass on to October, I hope the market would take a positive turn, for me, $30k+ is the target.
Bitcoin has only had two red Octobers in its history, so there is a really high probability that we will see a rise this October. It would be good if bitcoin can break the resistance at 32k. But it's probably too early to tell.

Yup, historically October has been a Green month for Bitcoin, only twice has it been negative.
====

So as we leave a fairly static September behind hopefully October will be Green.

Two events looming on the horizon, one definite Bitcoin Halving one unpredictable Blackrock ETF
October still falls outside the 6 month run in to the halving but it could set it up for the bull run...
I hope that halving can actually have some effect on the price rise, but for it to be before and not after the halving happens. Remember the collapse in March 2020 and all models were broken. There was a halving then too and nobody could have predicted that it would happen. So ETFs can play a role in October and I would like nothing bad to happen.
Anything could happen in a snap and there's no way that we could really be able to tell that what happened in the past would definitely happen in the future and this is something that we should really be having in mind.
Basing up on those charts or table above then it does  really show that most of those years where the price is really on the green percentage which it do really give out that kind of boost up into those people who
had been struggling for the month of September and now that we are on October then we are really that something anticipating or really that believing that we might be seeing the same thing for this month.
Although it would really be always that wise that always consider risks management and dont make yourself that get easily be that hooked up basing up on those past events or history itself and directly making out
conclusions and steps to be made without having those considerations in applying some analysis whether we would really be green or red for this month. Last dumps or crashes could happen neither on pre or post-halving season and this is why its always been that recommended on what are the things that needs to be considered and mind of so that you could really be able to make out most of it.

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October 02, 2023, 05:36:19 AM
 #66

I think october will be very dangerous month for traders cause I am not expecting it to be totally green or red. I am actually expecting very volatile month this year. That's why I am planning to follow, buy dump rebuy strategy to maximize money I make to hit more Bitcoin amounts in my wallet following months. Next year will be surely lot better than 2023. But September was boring and October will be nothing better in my opinion.
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October 02, 2023, 01:17:28 PM
 #67

The month of October is now certainly a hope for us to see the market rising again, it could be said that at the end of the year if the market is rising then it will start in October, and today the market rose is more than 4% and we hope that this will be the start of a bigger market increase so that this week it could reach another $30k and by the end of the year it could reach at least $50k.


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October 02, 2023, 03:23:57 PM
 #68

I think october will be very dangerous month for traders cause I am not expecting it to be totally green or red. I am actually expecting very volatile month this year. That's why I am planning to follow, buy dump rebuy strategy to maximize money I make to hit more Bitcoin amounts in my wallet following months. Next year will be surely lot better than 2023. But September was boring and October will be nothing better in my opinion.
If you don't expect any major price changes in October, why are you talking about a dump? It is a good strategy to buy as much as possible before the upcoming halving, but it seems to me that there may not be any big drops. By the way, this September was contrary to expectations green and October started well too. So it may happen that autumn will be green.

.
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philipma1957
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October 02, 2023, 03:45:29 PM
 #69

I believe October will runup much like it did in 2015. That was a 33% jump which would mean we would be close to 35-40k by months end.

On march 31  2023 or April 15 2023 the ½ ing happens. At current difficulty price needs to be over 48k by then or a mining collapse will happen.

I am pretty sure we will mirror 2015-2016 runup leading into the ½ ing

so a 33% jump in Oct 2023 seems to be a good guess.

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October 02, 2023, 08:48:37 PM
 #70

I believe October will runup much like it did in 2015. That was a 33% jump which would mean we would be close to 35-40k by months end.

On march 31  2023 or April 15 2023 the ½ ing happens. At current difficulty price needs to be over 48k by then or a mining collapse will happen.

I am pretty sure we will mirror 2015-2016 runup leading into the ½ ing

so a 33% jump in Oct 2023 seems to be a good guess.
So what are your basis on trying to mimic out or having those similarities on 2015'ish kind of situation on trying out to mirror on what would happen for this month?

We know that market cant really be that read out even if there would really be those sentiments around on which we could see and tell that it is really that relevant
specially on fundamentals which might really be that could greatly affect. The only thing that i do accept or having that relevance on which price should hit
48k and tying it up with miners then it is really that something a good approach or convincing.

33% jump for this month is something that too much basing up on Sept. movements which we are really that moving sideways. Wont be shocking if we do
still stay below 30k for this month of OCT.

R


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October 03, 2023, 10:45:17 PM
 #71

The month of October is now certainly a hope for us to see the market rising again, it could be said that at the end of the year if the market is rising then it will start in October, and today the market rose is more than 4% and we hope that this will be the start of a bigger market increase so that this week it could reach another $30k and by the end of the year it could reach at least $50k.

I won't say October is a going to be one of the best between August and September but is best to use what we see to judge how the market goes, it can happen to be that mid-October the price of Bitcoin can drop very fast to an amount nobody expect to see and it will hurt so many of you that speaks much about October.
To me October is just promising but waiting for the market price to do it's work is better than saying what hasn't happened yet to be on on our lips, I still say it that this month might give us $30k+.

R


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October 04, 2023, 02:18:45 AM
 #72

The month of October is now certainly a hope for us to see the market rising again, it could be said that at the end of the year if the market is rising then it will start in October, and today the market rose is more than 4% and we hope that this will be the start of a bigger market increase so that this week it could reach another $30k and by the end of the year it could reach at least $50k.

I won't say October is a going to be one of the best between August and September but is best to use what we see to judge how the market goes, it can happen to be that mid-October the price of Bitcoin can drop very fast to an amount nobody expect to see and it will hurt so many of you that speaks much about October.
To me October is just promising but waiting for the market price to do it's work is better than saying what hasn't happened yet to be on on our lips, I still say it that this month might give us $30k+.

Based on history, October is usually good for the markets, so there is nothing wrong with people expecting a green candle in October, but we need to be careful because not everything will always repeat. Furthermore, we are very different from every year because this year's economic situation is full of instability and that will also have a significant impact on the market. After the first 2 days of the month, everything grew quite well but things are gradually slowing down so we need to be careful.

In my opinion, the expectation of 30k$ in October is possible but to talk about the goal of 50k$ before the end of the year is very difficult, I don't think we will be able to do it.

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October 04, 2023, 08:39:28 AM
 #73

The month of October is now certainly a hope for us to see the market rising again, it could be said that at the end of the year if the market is rising then it will start in October, and today the market rose is more than 4% and we hope that this will be the start of a bigger market increase so that this week it could reach another $30k and by the end of the year it could reach at least $50k.
Currently the price of Bitcoin still tends to be the same even though the price experienced a brief increase in the last two days. $50K is too big a price prediction for this year so it will be quite difficult for Bitcoin to get there because currently the price of Bitcoin is still below $28K, but if the prediction is for a price of $30K I think it could be quite logical for Bitcoin to reach again. Because everyone also needs to see how big the Bitcoin percentage is when it decreases, not just look at the percentage when it increases.

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October 04, 2023, 10:24:21 AM
 #74

I think that October is a good month for Bitcoin, But Bitcoin price does not depend on the month. It doesn't matter that this is the month of October so Bitcoin does pump or does go down. Bitcoin price is going in random amounts, not depending on the month.

This is a choice of Bitcoin. If Bitcoin wants to go up so it will can go, in simple words, my meaning is Bitcoin price is random.
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October 04, 2023, 10:39:28 AM
 #75

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 ⬇️

Everyone expecting a bull run next year. Also they are expecting an october month as a bull month.  I am expecting a heavy dump(15K-20K) before the next  bull run. Also bitcoin halving is starting next year(April).  So there will be more demand than the supply.
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October 04, 2023, 10:54:31 AM
 #76

The price of bitcoin may or may not increase all that in this month of October. Things might change if the demand collapsed. Although one can judge from the past record, it is not to be completely on that. For me, l am guessing a price increment between $27000 and 29000 in this month of October.
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October 04, 2023, 03:27:26 PM
Merited by fillippone (1)
 #77

The price of bitcoin may or may not increase all that in this month of October. Things might change if the demand collapsed. Although one can judge from the past record, it is not to be completely on that. For me, l am guessing a price increment between $27000 and 29000 in this month of October.

At least you think the price of bitcoin will rise to $27k and $29k, I wish to see that happening before we enter the second week of October. I still don't know why it took so long before the price got to $27k, with the way it was going up last month I thought it would get to a surprising amount like $29k and now we would be thinking of the price getting to $30k or even $32k but the month is still young let's hope for green.
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October 04, 2023, 03:55:00 PM
 #78

What do you think?
How much will Bitcoin pump this October? 👀
Comment Your opinion ⬇️
Perhaps speculation, analysis, graphs, percentages and development of Bitcoin in October and 2023, there are various speculations & predictions that we can see from many Bitcoin experts currently circulating, but some of the responses I've read from Bitcoin experts, not many of them consider the percent% that is happening right now, they are more focused on the halving that might happen.

There are many users currently involved in the world of Bitcoin who no longer trade Bitcoin in the short term, they prefer to do it long term with a predetermined time, Overall, if you look at Bitcoin for October, it could reach the 2.30% level if that happens, but we'll see.

R


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October 04, 2023, 05:13:43 PM
 #79

What do you think?
How much will Bitcoin pump this October? 👀
Comment Your opinion ⬇️
Perhaps speculation, analysis, graphs, percentages and development of Bitcoin in October and 2023, there are various speculations & predictions that we can see from many Bitcoin experts currently circulating, but some of the responses I've read from Bitcoin experts, not many of them consider the percent% that is happening right now, they are more focused on the halving that might happen.

There are many users currently involved in the world of Bitcoin who no longer trade Bitcoin in the short term, they prefer to do it long term with a predetermined time, Overall, if you look at Bitcoin for October, it could reach the 2.30% level if that happens, but we'll see.

I still say and continue to say. Miners are in dire need of a pressure relief rally. We set the floor price for BTC. if we are to toss 2020 cycle due to covid 19 and china kicking miners out of china we need to look at the 2016 cycle.

We had a long mining pressure pre rally from 2015 to 2016 ½ ing

Coins got to 66% of the ATH right up to and  at the ½ ing in 2016  that was a move from about 400 usd to 700 usd

we would need to move from 27000 to 45,000/50,000 by April 1 2024.

the 2015 oct month we did 33%. if we do that we go from 27,000 to 36,000

So I think we get to 36,000 give or take 2,000 this month's end.

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October 04, 2023, 06:45:41 PM
 #80

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 → ?? %

I think we’ll finish October higher than we started it but I don’t expect it to be a massive green month. I’d be ecstatic if we close the month over 30k, I’m not sure we’ll do that. The price will soar within 2 years but I don’t expect a parabolic breakout for at least 6 months.

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