September didn't follow its bear cycle

[MFahad]

Bitcoin's journey is indeed very interesting to follow because many people are still analyzing it based on what has happened before. They make predictions about what might happen. Many of these make two possibilities that could happen. One time, the price direction increases. And secondly, when the price direction decreases.

From the predictions they make, they will determine what they should do. If they are in doubt, they will do nothing and watch the market move. If they see any signs of increasing or decreasing, then they will start placing buy or sell orders. It will depend on where the market is moving.

We cannot rely on history because everything has changed now. More people are using Bitcoin as an investment, making many people join the crypto market. That means anything can happen and we have to be able to analyze it to find something useful for us. And now, we are seeing the price get another correction because this may be the weekend. Usually, corrections come at weekends like now.

It is better to remember that the market of crypto is volatile therefore don't think that all the things will occurs as Same as that occurred in history because everything changes when the time goes. People have set the strategy that profit from bitcoin can be possible if someone follow the rule of waiting for at least four years so in that four years may be one see highest worth but all are just assumptions.

People will make their choices according to the market condition like if market is going to pump so people wants to accumulate bitcoin because everyone follows predictions and history but the actual truth will be identified when time arrives. Everyone is saying that halving is coming but no one knows that during halving will there be the same situations as that was in past or it will be change so try to work according to the market condition and make preparation for each type of circumstances.

[AakZaki]

History doesn’t always repeat but it often rhymes. We can’t base our trading or investment plans on what happened in the past. Obviously we can use indicators & various charts to base an opinion but there are many factors to consider. We should be heading into a bullish period for a couple of years now so bear that in mind.

Of these various factors, fundamentals are the main reason why history will not always be the same and the tendency for Bitcoin prices will increase when big moments occur.
The information and graphs studied will be based on the price opinions that will be generated. Trends will easily change depending on the situation and conditions, but the cycle will look the same as previous years. We can compare it with now.

[Fundamentals Of]

History doesn’t always repeat but it often rhymes. We can’t base our trading or investment plans on what happened in the past. Obviously we can use indicators & various charts to base an opinion but there are many factors to consider. We should be heading into a bullish period for a couple of years now so bear that in mind.

Of these various factors, fundamentals are the main reason why history will not always be the same and the tendency for Bitcoin prices will increase when big moments occur.
The information and graphs studied will be based on the price opinions that will be generated. Trends will easily change depending on the situation and conditions, but the cycle will look the same as previous years. We can compare it with now.

The fundamentals are heavy these days. A bullish reading on various charts will be definitely backed by the actual situation of the Bitcoin market right now. Although delays on Bitcoin spot ETF applications were decided by the SEC just like it recently delayed the approval of Franklin Templeton's application, this has actually made the hype even stronger. The more they delay the decision, the more the number of application grows, the more the demand of a spot ETF seems to grow even stronger. And then there is also the halving which will happen in April next year.

[merekamo]

There is something that has pushed the price to rise below $26,000. No one knows what it is and it may appear as purchases in the records of one of the companies when this quarter’s report is issued. But in any case, a 4% rise does not mean that we will witness an upward wave for this month, as we may remain below 30k most likely as there is not enough momentum for this historical resistance level, but before the end of the year we will be between 30k to 40k.

I agree for this guys. it's a balanced way of looking for btc price. A 4% rise ain't enough to say we're surfing on a crypto wave this month. After all, we're not seeing any big momentum to break past that historical resistance level of 30k. And, let's keep sights realistic and expect Bitcoin to be somewhere between 30k to 40k by the end of the year. Let's return to topic by OP. In my eye, and don't get me wrong, analysis is important in crypto, but it doesn't guarantee profits in crypto. In my opinion, analysis of past charts in crypto should not be used for the following year. It seems risky to me and almost like gambling.

[michellee]

^

It is better to remember that the market of crypto is volatile therefore don't think that all the things will occurs as Same as that occurred in history because everything changes when the time goes. People have set the strategy that profit from bitcoin can be possible if someone follow the rule of waiting for at least four years so in that four years may be one see highest worth but all are just assumptions.

People will make their choices according to the market condition like if market is going to pump so people wants to accumulate bitcoin because everyone follows predictions and history but the actual truth will be identified when time arrives. Everyone is saying that halving is coming but no one knows that during halving will there be the same situations as that was in past or it will be change so try to work according to the market condition and make preparation for each type of circumstances.

That's why people who want to trade in crypto must always be able to keep an eye on crypto market movements. With prices always changing from time to time, it will also influence what happens in the crypto market. Without carrying out analysis and just looking at the history of the crypto market so far, it cannot be used as a basis for determining the decisions we will take.

That is why we must always study trading analysis so that we can improve our analytical skills. If someone wants to invest in Bitcoin and bide their time to take big profits, they should be able to hold it for at least 3-4 years. Because of the bull run factor, which is likely to occur in 3-4 years but if it doesn't happen because the situation has changed, they have to be able to keep holding it.

Before and after the halving, something will definitely happen so they need to prepare themselves. If they still wanted to accumulate more, now was still a good time. Bitcoin prices now tend to go up and down, although not too deeply, so they can accumulate it again.

[slaman29]

I personally think dip/crash around halving will be the case but every cycle has different exceptions. Just that, between no more crash to rally from here on, too good to be true is less likely than, pain first, before joy.

I feel like the unexpected is the expected in the crypto world, we do not know what's going to happen and that makes everything expected. The price goes down? That's normal, price goes up? That's normal too.

It's more true than people believe. You know when you should buy and believe? When everyone has a bad prediction.

When should you sell? When the ads come back and Bitboy is promoting the next big thing.

Cycles didn't follow in September most likely because everyone was saying it would

[redsun114]

Once again the price hit higher, and that is the proof that we are on the right path. I get that sometimes people fear, and there is a FUD in the market, but we are once again above 36k and that should be clear indication that we are doing fine. September was the first month where we did alright, I mean it looked promising, but October was the real king, the price went high like crazy during October, I am very happy with that and I think that was the start of a much bigger bull run.

People are looking at the price like "will it go more", and I keep laughing because I think this is nothing, this is just the start and the price will go up like crazy after this. We need to realize that it takes nearly 2 years to peak, and we are at the start of that right now but we need a lot more time to grow and be better. I hope that people could realize that, because if they do not act quickly, they are going to end up losing a lot of money and time on this for sure.

[stomachgrowls]

I personally think dip/crash around halving will be the case but every cycle has different exceptions. Just that, between no more crash to rally from here on, too good to be true is less likely than, pain first, before joy.

I feel like the unexpected is the expected in the crypto world, we do not know what's going to happen and that makes everything expected. The price goes down? That's normal, price goes up? That's normal too.

It's more true than people believe. You know when you should buy and believe? When everyone has a bad prediction.

When should you sell? When the ads come back and Bitboy is promoting the next big thing.

Cycles didn't follow in September most likely because everyone was saying it would

Even we do say that those current coins that been hyped now to reach out 100-1000x in the bull run would really most likely be ignored when BR happens. People is already anticipating on something
because its been that recommended or really that in the main talks without even trying to think that changes and  sudden alterations could really happen when BR hits.
There's no such thing about assurance because if things turns out to be that different when time come and this is why it would really be just that normal that there would really be
changes that along the way could happen. So expect the unexpected because it would really be always on that way. You wont really be that making yourself that so sure
for things to happen in the future.

This is why as much as possible it would really be that better that you should really be diversifying your investment as much as possible because if you do only focus
on a single point but it ends on having no major movement on bull run cycle then you had just missed out that other opportunity to make profit. This isnt
really just that talking about Bitcoin but also in other options as well like altcoins.

[naikturun]

There is something that has pushed the price to rise below $26,000. No one knows what it is and it may appear as purchases in the records of one of the companies when this quarter’s report is issued. But in any case, a 4% rise does not mean that we will witness an upward wave for this month, as we may remain below 30k most likely as there is not enough momentum for this historical resistance level, but before the end of the year we will be between 30k to 40k.

It seems like what you said might not happen, but this is actually a good signal for the market in the future, even though I'm not completely sure that the market will continue to rise. because the halving is still a long time away, and usually experiences a final decline before rising again.

[AakZaki]

The fundamentals are heavy these days. A bullish reading on various charts will be definitely backed by the actual situation of the Bitcoin market right now. Although delays on Bitcoin spot ETF applications were decided by the SEC just like it recently delayed the approval of Franklin Templeton's application, this has actually made the hype even stronger. The more they delay the decision, the more the number of application grows, the more the demand of a spot ETF seems to grow even stronger. And then there is also the halving which will happen in April next year.

That will be a fundamental force that will continue to drive Bitcoin prices higher. and yes a delay will only make the hype stronger than before and this has been proven by the fake news spread by many media about ETFs. It's not without reason why it's getting stronger, because Bitcoin is approaching the 4th Halving which makes everything better until that moment comes.

[ShowOff]

-

That will be a fundamental force that will continue to drive Bitcoin prices higher. and yes a delay will only make the hype stronger than before and this has been proven by the fake news spread by many media about ETFs. It's not without reason why it's getting stronger, because Bitcoin is approaching the 4th Halving which makes everything better until that moment comes.

ETFs and Halvings are two factors that will drive a lot of demand, so they should be good benchmarks for making analysis. I think it's time for big investors to get in and buy as much as they can, even though the ETF is still on hold. There is no better time than now than to wait for a deeper decline, which is increasingly unlikely at a time like this.

Buy with DCA and Hold, that would be the best advice if they are still unsure about the market. About today, bitcoin has crossed $37k again. The realization of a breakout of $38k has not yet been achieved as I write this, but $38k is getting closer and may be reached in the near future.

[danadc]

I am not much of a bitcoin analyst, but I don't think there are patterns that have to be repeated, I think bitcoin goes up because other things happen , let us know that they are controlled by other types of movements, and among them they may be what are close. If it is with wars, with very strong world events, this is so that they change the meaning of bitcoin downwards or upwards, but if what was fulfilled last year is not fulfilled, it is not bad, it is what is being generated so far , for that reason we should not trust too much in the patterns, which are sometimes very Accurate , but these current events are very different from those of last year.

[dunfida]

Going back a full month, in late August or early September, many people on several site and on the cryptocurrency Twitter were suddenly very vocal in saying that September was bound to be bearish for Bitcoin because the previous two had seen significant dips and because September is simply historically one of the worst performing months for cryptocurrency.

But this time was different:
--
Here, we can see that despite the lack of significant bullish news, with the possible exception of the release of the Ethereum ETFs, September did close a full +3.9% higher than August. Even so, with such low levels of liquidity as they are at the moment, we don't need much news to impact prices.
In any case, this is yet another example of how previous performance is not a guarantee of future performance. While I personally believe that the past will always and forever be a part of the future, many people simply have a tendency to anticipate the future and base their financial decisions on the past, which I believe to be reckless and nothing more than gambling.

While history can never be exactly the same, it does frequently rhyme, therefore this does not mean that we should dismiss it entirely. The past, present, and future must all be balanced, and we must pay attention to both the past and the present as well as the future.

This happened in the past doesnt automatically means that they would really be happening in the future and this is something that we should be putting up into our minds. There's no way that there would be
assurances that it could really happen again and this is why we should really be wise on making some back up plans whenever it would be showing up on different path.
As a trader or investor then you should always be having those Plan B's or back up plans literally because its not always been the same and it is really just that right that you should
really be versatile as possible. If you wont really be that making yourself on having those wise decisions or plans then you wont really be able to survive this market.

[EarnOnVictor]

While history can never be exactly the same, it does frequently rhyme, therefore this does not mean that we should dismiss it entirely. The past, present, and future must all be balanced, and we must pay attention to both the past and the present as well as the future.

Based on a very long time experience of trading, I've heard a lot of bullshits about it and my advice to any trader who cares to take it is that they should stop listening to myths in the market. Myths can only be responsible for such an expectation as the market is dynamic, it will never continue to follow an exact pattern in the name of some history or a particular month's cycle. Bitcoin in particular, it's still very young, which is what is deceiving so many people. Bitcoin has not lived to celebrate its silver jubilee (25 years) yet, let alone its golden jubilee (50 years). It is until it achieves all these and even more that certain conditions/characteristics would be ascertained of it, and this is when people would know that most of their assumptions about the coin are just nonsense.

There is no exception in the financial market, markets don't follow historical patterns over and over again, and Bitcoin can't be an exception to this. It was still better when the whales and a few sectional people were controlling the market and had a strong say over it where all that they hinted on social media was what the coin would do. No, that was then, Bitcoin has now been inculcated into the mainstream of the financial market and the implication is that it would rather follow better the right market dynamics without some sectional people manipulating it and forcing it to form some kind of cycle and pattern.

Personally, I am not surprised as things unfold this time, and I've seen a lot that preached how Bitcoin would behave before halving simply because it happened in the past, but what we are seeing is so much different from what had happened in the past. This is an asset, and a lot of factors could drive the price of the asset up or down, we should not always believe that one particular theory must always be obeyed. If it's so, then the neutrality and dynamism of the market would be deprived.

[AakZaki]

ETFs and Halvings are two factors that will drive a lot of demand, so they should be good benchmarks for making analysis. I think it's time for big investors to get in and buy as much as they can, even though the ETF is still on hold. There is no better time than now than to wait for a deeper decline, which is increasingly unlikely at a time like this.

Buy with DCA and Hold, that would be the best advice if they are still unsure about the market. About today, bitcoin has crossed $37k again. The realization of a breakout of $38k has not yet been achieved as I write this, but $38k is getting closer and may be reached in the near future.

DCA and HOLD are the strategies that I continue to do at the moment. Collect as many Bitcoins as possible by doing DCA.
I have prepared money for this strategy and it is for the long term. Bitcoin is now still above the price of $37000 and it is still holding and is likely to break $38000 again. if this continues and the market trend still improves, Bitcoin could reach $40k before the end of this year.

[bitterguy28]

Going back a full month, in late August or early September, many people on several site and on the cryptocurrency Twitter were suddenly very vocal in saying that September was bound to be bearish for Bitcoin because the previous two had seen significant dips and because September is simply historically one of the worst performing months for cryptocurrency.

But this time was different:

Proving that History isn't repeat itself ..

September seems to be bearish from many years same us October to be bullish most of the years but what happened this year? October made its way up to treat market bullying .

The Graph shows how credible market to make different moves and also different action for their supporters expectations .

History doesn’t always repeat but it often rhymes. We can’t base our trading or investment plans on what happened in the past. Obviously we can use indicators & various charts to base an opinion but there are many factors to consider. We should be heading into a bullish period for a couple of years now so bear that in mind.

same with what I see here (and yes also happened in the past)  that History sometimes comes back but mostly? it isnt !! so let market do its homework and show us what it can bring from this Month and till December .

[G_Besar]

It seems like what you said might not happen, but this is actually a good signal for the market in the future, even though I'm not completely sure that the market will continue to rise. because the halving is still a long time away, and usually experiences a final decline before rising again.

Price increases and corrections are two things that happen very often in the market under any conditions, so it is quite natural that you and some other people are not sure that the market will continue to rise at the end of this year. In the past two days alone, there has been a gradual Bitcoin price correction, so it cannot be denied that the price correction is still there and can happen at any time, at any moment. However, further increases will also be possible in Bitcoin after the end of the year, so be patient to see a better market.

[AakZaki]

ETFs and Halvings are two factors that will drive a lot of demand, so they should be good benchmarks for making analysis. I think it's time for big investors to get in and buy as much as they can, even though the ETF is still on hold. There is no better time than now than to wait for a deeper decline, which is increasingly unlikely at a time like this.

Buy with DCA and Hold, that would be the best advice if they are still unsure about the market. About today, bitcoin has crossed $37k again. The realization of a breakout of $38k has not yet been achieved as I write this, but $38k is getting closer and may be reached in the near future.

DCA and HOLD are the strategies that I continue to do at the moment. Collect as many Bitcoins as possible by doing DCA.
I have prepared money for this strategy and it is for the long term. Bitcoin is now still above the price of $37000 and it is still holding and is likely to break $38000 again. if this continues and the market trend still improves, Bitcoin could reach $40k before the end of this year.

[danadc]

Every month is a different story for me , because we don't know what the plans of the investors, of the traders, will be, but those who move the market are those who have the most money, like the institutional investors, the big millionaires, they can control the market only at a time, not always, because I have seen in some youtubers that it takes a lot of money to make an upward movement and it is not that big, it is a movement of a minimum amount, sometimes it is not even seen in the market it is just a little Enhancement, but this is all you should see, one month? December ? can it go up ? Yes, because the current is mentioned, whether to buy bitcoin or buy in bitcoin it can be.

[shinratensei_]

There is something that has pushed the price to rise below $26,000. No one knows what it is and it may appear as purchases in the records of one of the companies when this quarter’s report is issued. But in any case, a 4% rise does not mean that we will witness an upward wave for this month, as we may remain below 30k most likely as there is not enough momentum for this historical resistance level, but before the end of the year we will be between 30k to 40k.

It seems like what you said might not happen, but this is actually a good signal for the market in the future, even though I'm not completely sure that the market will continue to rise. because the halving is still a long time away, and usually experiences a final decline before rising again.

honestly it depends if there's a good news keep appearing one by one, i'm pretty sure decline could be avoided, since the market sentiment is getting good, people are investing left and right believing that bitcoin will be bullish eventually. even though the same as you, i would already expect some correction along the way, since thats what usually happened when the market kept on rising more and more, eventually there needs to be some time for accumulation. but seeing that there are some real good news about ETF, i'm kinda positive that we are definitely gonna get imminent bullish at the right time in the future maybe next year.
the one thing that I know for sure is that, considering altcoin rise this recent months, im kinda positive that altcoin will also come and probably will happen at the same time when bitcoin is rising.
that'd be great scenario if truly occurs.