Bitcoin $5k rise within an hour plus.

[Lida93]

Just within an hour plus bitcoin rose by $5k which I don't think anyone had expected it in this way and it's a thing of joy for all bitcoin hodlers of which this rise has in addition lift the optimism of everyone's speculation about bitcoin bullrun any time soon even though the bitcoin ETF which in postulation  is believed to offset bitcoin price if approved is still in the pipeline unapproved.

Just to express my thoughts about this $5k upturn, inam having a hard time to accepting that a very close bullrun is underway if I don't see a corresponding altcoins price move with the bitcoin price move towing them along in every move. My resolve will be strong for a bitcoin bullrun when this happens else this is going to be followed by a long time dump.

 It's just my thought, so you think about it and give yours!

[Oshosondy]

Just within an hour plus bitcoin rose by $5k which I don't think anyone had expected it in this way and it's a thing of joy for all bitcoin hodlers of which this rise has in addition lift the optimism of everyone's speculation about bitcoin bullrun any time soon even though the bitcoin ETF which in postulation  is believed to offset bitcoin price if approved is still in the pipeline unapproved.

Within one hour, bitcoin rose from $31600 to $34750.
Four hours after, it rose to $32300. It takes very longs hours for bitcoin to rise by $5000, although it rose from $29880 to almost $35000 yesterday.

Just to express my thoughts about this $5k upturn, inam having a hard time to accepting that a very close bullrun is underway if I don't see a corresponding altcoins price move with the bitcoin price move towing them along in every move. My resolve will be strong for a bitcoin bullrun when this happens else this is going to be followed by a long time dump.

If bitcoin ETF is approved by early next year, the bear market time would be far become it comes. As for now, I do not see any bear market coming.

[Majestic-milf]

 Many attach the sudden rise in Bitcoin price to the fact that there's a possibility that a spot Bitcoin ETF approval is in the works. As of yesterday the price range was between $30-31k but today it's $34,300 as at time of writing but we are hoping for more highs since it has stayed on the $27-28k range for too long.
Yeah, those future traders will benefit more from this pump and while I'm hoping it stays this way, I will not rule out a possibility of it going back down.

Just within an hour plus bitcoin rose by $5k which I don't think anyone had expected it in this way

This is not something we should be surprised because when the Grayscale ETF was approved, Bitcoin price shot to almost $28k in a short period of time.

[salad daging]

Who is not happy with the price rising so fast, I woke up from sleep to see the market jumping so fast that the portfolio rose by several percent although this is not the time to unwind but I think people will be very optimistic about the next bull run.

After the issue a while ago where Cointelegraph made a mistake on the news of the ETF being approved, now the price is really going beyond that, so I read some articles about this price increase and indeed the spot bitcoin ETF will soon be processed and the US judge asked for a review to the SEC and that's what I read the news on Watch.guru.

My thinking is that this increase is just the beginning of the recovery from a long time in the bear market, we will see how bitcoin surges after the ETF is approved next year.

[Dunamisx]

Just within an hour plus bitcoin rose by $5k which I don't think anyone had expected it in this way and it's a thing of joy for all bitcoin hodlers of which this rise has in addition lift the optimism of everyone's speculation about bitcoin bullrun any time soon even though the bitcoin ETF which in postulation  is believed to offset bitcoin price if approved is still in the pipeline unapproved.

Let's not be surprised at all because we should expect more of this coming in subsequent times, we are getting closer to halving, the market is rising, we have been on dip for long, if the fake news and other things are going to be part of the constituents to fast track the rise of bitcoin market price then it's nothing new anymore, we should align ourselves for more bulls coming other than this sooner or later.

Just to express my thoughts about this $5k upturn, inam having a hard time to accepting that a very close bullrun is underway if I don't see a corresponding altcoins price move with the bitcoin price move towing them along in every move. My resolve will be strong for a bitcoin bullrun when this happens else this is going to be followed by a long time dump.

What really makes this a contention is the fact that it happened within a short period of time, no one ever expected this may come in such dimension and that's bitcoin for you, the upcoming bullrun will definitely come, but the pattern it may take is what remains unpredictable to us.

[Eternad]

Just to express my thoughts about this $5k upturn, inam having a hard time to accepting that a very close bullrun is underway if I don't see a corresponding altcoins price move with the bitcoin price move towing them along in every move. My resolve will be strong for a bitcoin bullrun when this happens else this is going to be followed by a long time dump.

Bitcoin is always showing this kind of buy pressure whenever there’s a strong price resistance broke while backed by a good news such as ETF approval. This price action happened too when Blackrock first filed their ETF and other event. Bitcoin show more stronger gain than that in the past bullrun.

It’s a sign how strong the Bitcoin market when everyone is positive. This is FOMO buying due to speculation for the upcoming ETF.

[Sim_card]

The sudden rise in bitcoin is what I don't still understand how it happen, but I know that we are close the the halving and one should expect a pump in bitcoin price but not as high as this. I could remember how many times forum members have speculated that bitcoin price will not cross 33k by the end of this year, but right now still in the month of October we have seen the highest rise in bitcoin price since 2022. This shows that bitcoin is a good asset to invest in and anyone that has bought yet can still buy because nobody knows what bitcoin price will be by the end of this year. If ETF Bitcoin is approved by January, it means that bitcoin price will go above 120k as the new ATH.

[fzkto]

Just within an hour plus bitcoin rose by $5k which I don't think anyone had expected it in this way and it's a thing of joy for all bitcoin hodlers of which this rise has in addition lift the optimism of everyone's speculation about bitcoin bullrun any time soon even though the bitcoin ETF which in postulation  is believed to offset bitcoin price if approved is still in the pipeline unapproved.

Within one hour, bitcoin rose from $31600 to $34750.
Four hours after, it rose to $32300. It takes very longs hours for bitcoin to rise by $5000, although it rose from $29880 to almost $35000 yesterday.

Just to express my thoughts about this $5k upturn, inam having a hard time to accepting that a very close bullrun is underway if I don't see a corresponding altcoins price move with the bitcoin price move towing them along in every move. My resolve will be strong for a bitcoin bullrun when this happens else this is going to be followed by a long time dump.

If bitcoin ETF is approved by early next year, the bear market time would be far become it comes. As for now, I do not see any bear market coming.

There hasn't been a bear market for almost a year and bitcoin broke important resistance yesterday. But if etf is launched early next year, it will be like 2017. Then too everyone was waiting for btc futures after which the fall started. So it seems to me that this scenario may happen again.

[danadc]

If it is very true that the $5k increased in a short period of time, the ETFs? maybe but I think that people are changing their way of seeing bitcoin because they have discovered that it is a way to store money safely, those who make investments in fiat money are good , those who do different ways of doing things can It may also be that they are doing well, what I thought was that bitcoin has gone up because other workers are very reactive to things that give them Joy , Adrenaline , if they see that bitcoin was at $26k and then it increased to $29 k, which They think: It's going up, I don't want to miss the next rise, and they buy and buy Until they make the market go up, but not much and this causes a chain reaction , I think that's what happened.

[tabas]

Just to express my thoughts about this $5k upturn, inam having a hard time to accepting that a very close bullrun is underway if I don't see a corresponding altcoins price move with the bitcoin price move towing them along in every move.

Is it because that most in your portfolio are altcoins and you've got less allocation in Bitcoin? When we're in a bull run and it is started by Bitcoin, at most times it is being followed by altcoin season. But as far as I can see, Ethereum is following it as well and has got a few hundreds in addition of its former price yesterday. And going back to Bitcoin's move, there's no official announcement yet about Bitcoin's ETF approval so, these indicators and factors could lead to more rise in less than 24 hours. It gives us the idea on how much Bitcoin can move on unexpected days so there could be more to this. Whether you hold Bitcoins or altcoins, what matters here is the bull run that's very imminent to come.

[ajiz138]

If it is very true that the $5k increased in a short period of time, the ETFs? maybe but I think that people are changing their way of seeing bitcoin because they have discovered that it is a way to store money safely, those who make investments in fiat money are good , those who do different ways of doing things can It may also be that they are doing well, what I thought was that bitcoin has gone up because other workers are very reactive to things that give them Joy , Adrenaline , if they see that bitcoin was at $26k and then it increased to $29 k, which They think: It's going up, I don't want to miss the next rise, and they buy and buy Until they make the market go up, but not much and this causes a chain reaction , I think that's what happened.

Yes, this is still related to the ETF which is getting more and more crowded on social media about its review, is this what is called FOMO, maybe it could be that when you see the market reacting, there will be a lot of hype happening, this affects the entire crypto market but it is not entirely going to be a bullrun because for me this is a little we know during the achievement of a year bitcoin has been able to exceed $35K.

Some say that this is a bulltrap? I rule out that view because looking at the halving which is getting closer people will continue to buy then the pressure in the market is getting higher including them to prepare for investment starting from now.

[Quidat]

Just within an hour plus bitcoin rose by $5k which I don't think anyone had expected it in this way and it's a thing of joy for all bitcoin hodlers of which this rise has in addition lift the optimism of everyone's speculation about bitcoin bullrun any time soon even though the bitcoin ETF which in postulation  is believed to offset bitcoin price if approved is still in the pipeline unapproved.

Just to express my thoughts about this $5k upturn, inam having a hard time to accepting that a very close bullrun is underway if I don't see a corresponding altcoins price move with the bitcoin price move towing them along in every move. My resolve will be strong for a bitcoin bullrun when this happens else this is going to be followed by a long time dump.

 It's just my thought, so you think about it and give yours!

If you've been here on this market for a while then having this movement wont really actually get you shocked because we know that this market is really that something volatile.It just turns out that after a couple of years which the price isnt moving yet and if it turns out that you are just new since you are just that registered on last year then i do see the reason on why you do make out such common
about such movement on which i would tell you that 5k movement in a day is really just that normal or something not really new into this space. There's really that times that it even considered to be a normal day with Bitcoin, it did really just make out some minimal move because of that crypto winter but since its been said or announced that its already over then expect that movement something
like this would already be that common or something that could be seen from time to time.

If you do find yourself that able to make profits in short time then better to secure it off before the market would really be making out some correction, but if you are really that going for long term
then these movements wont really be that an issue for you. Get used to this market because it did really have that kind of behavior in the first place.
It just turns out that this had been just your first time. 

[rhomelmabini]

Just within an hour plus bitcoin rose by $5k which I don't think anyone had expected it in this way and it's a thing of joy for all bitcoin hodlers of which this rise has in addition lift the optimism of everyone's speculation about bitcoin bullrun any time soon even though the bitcoin ETF which in postulation  is believed to offset bitcoin price if approved is still in the pipeline unapproved.

Just to express my thoughts about this $5k upturn, inam having a hard time to accepting that a very close bullrun is underway if I don't see a corresponding altcoins price move with the bitcoin price move towing them along in every move. My resolve will be strong for a bitcoin bullrun when this happens else this is going to be followed by a long time dump.

 It's just my thought, so you think about it and give yours!

Not that shocking, Bitcoin have seen doing this move it even make a $10k move or the other way around to plummet within hours. Well, it's all a game of speculation but what surprises a lot of traders is that the move was way off the charts, fundamental analyst that are bullish should have expected it more rather than those technical analyst.

[famososMuertos]

If you were in your business as a trader, that is, you are not a "tourist"  trading, you had to see the arrival of $30k which was a very good indication that something was coming, so those who make an effort every second in Sure trading is seeing dividends. No matter what happens, that's the "job" for traders, they see profits where we see emotions.

The reached price of +-$35k is the maximum of this year 2023.

Price Max-Min2023

|	month	|	high (day)	|	low (day)	|
|	January	|	$23,919(29)	|	$16,521(1)	|
|	February	|	$25,134(16)	|	$21,460(1)	|
|	March	|	$28,803(22)	|	$19,628(10)	|
|	April	|	$31,005(14)	|	$27,070(24)	|
|	May	|	$29,628(5)	|	$26,182(24)	|
|	June	|	$31,106(23)	|	$24,871(15)	|
|	July	|	$31.290(13)	|	$29.266(22)	|
|	August	|	$30,030(8)	|	$25,984(22)	|
|	Sept.	|	$27,176(19)	|	$25,007(11)	|
|	Oct.	|	$30,035*(20)	|	$26,561*(11)	|

*partial october, 2023.

Data: CMC.

Oct.

|	month	|	high (day)	|	low (day)	|
|	Oct.	|	$34,942*(25)	|	$26,561*(11)	|

On the 19th we had the 28k range, and on the 20th it peaked at +30k, a situation that had not happened since August, so, yeah, there was the effervescence, if you look at it today and don't look at the history data, it seems like "magic" but it's not that surprising given the background, +$2k just from the 19th to the 20th... so, maybe it's something organic, emotions (or a "x"/tweet ), just stay tuned, if you don't want to be saying "oh, surprise".

Surprise is that we will have an ATH just tomorrow.   /  

[sheenshane]

Surprise is that we will have an ATH just tomorrow.   /  

Wait, ain't ready yet.
Don't forget Bitcoin halving hasn't yet come which is a sign that ATH is near to come.
By the way, that's a great prediction of yours.

Some say that this is a bulltrap?

Might be possible, that there could be a downtrend after this spike.
But it could be also a starting point for a path of ATH.

[Jating]

Just within an hour plus bitcoin rose by $5k which I don't think anyone had expected it in this way and it's a thing of joy for all bitcoin hodlers of which this rise has in addition lift the optimism of everyone's speculation about bitcoin bullrun any time soon even though the bitcoin ETF which in postulation  is believed to offset bitcoin price if approved is still in the pipeline unapproved.

Just to express my thoughts about this $5k upturn, inam having a hard time to accepting that a very close bullrun is underway if I don't see a corresponding altcoins price move with the bitcoin price move towing them along in every move. My resolve will be strong for a bitcoin bullrun when this happens else this is going to be followed by a long time dump.

 It's just my thought, so you think about it and give yours!

It's probably one rare case that altcoins didn't follow bitcoin's spike. On the other hand, we are still in the heart of the bear market, and still altcoins investors are very reluctant to put their money on altcoins. Or it could be that they are putting their money on bitcoin right now to jump with the hype of the Bitcoin Spot ETF approval or the listing of such ticket.

And if I'm not mistaken, the price hits $35k, the highest for this year, although it drop a bit to $33k, but still it's a good price to hand at this point of the year. Because it might coincide with the majority prediction that the price at the end of the year will be around $40k-$50k. So just a couple of dollars to hit that price. Let's see if this positive sentiments will continue.

[michellee]

The rise in Bitcoin in a short time yesterday clearly brought us joy. Investors may have sold some of their Bitcoins to take advantage. However, many investors are still holding Bitcoin and not selling it at yesterday's high price.

But it is still far from the previous ATH where Bitcoin is currently still struggling to reach the previous ATH. And now, the price correction has come. This correction makes me curious because with the $34k level reached, where will the price of Bitcoin fall? Can Bitcoin price remain above $30k during the current correction or will Bitcoin price return to below $30k?

It remains a mystery to us. And people who bought Bitcoin at $33k or $34k yesterday could be worried because they bought Bitcoin at high prices. But if they don't panic about the decline in Bitcoin and can hold their Bitcoin tightly, they will see that they will make a profit in the future.

[uswa56]

The rise in Bitcoin in a short time yesterday clearly brought us joy. Investors may have sold some of their Bitcoins to take advantage. However, many investors are still holding Bitcoin and not selling it at yesterday's high price.

But it is still far from the previous ATH where Bitcoin is currently still struggling to reach the previous ATH. And now, the price correction has come. This correction makes me curious because with the $34k level reached, where will the price of Bitcoin fall? Can Bitcoin price remain above $30k during the current correction or will Bitcoin price return to below $30k?

It remains a mystery to us. And people who bought Bitcoin at $33k or $34k yesterday could be worried because they bought Bitcoin at high prices. But if they don't panic about the decline in Bitcoin and can hold their Bitcoin tightly, they will see that they will make a profit in the future.

I don't think there has been a price correction right now from the significant increase that occurred in the last few days, currently the price is still in the $34k-$35k price range which means it is still quite high and we are still waiting to see whether the increase will continue or vice versa.

We don't deserve to talk about ATH right now, currently a significant increase has just occurred and we are entering a halving time which allows us to return to seeing the things we want.
There is no need to panic, Bitcoin's movement tends to be more in a positive direction this year, and that indicates it will continue until the end of the year, and I am quite optimistic about that.

[Kemarit]

The rise in Bitcoin in a short time yesterday clearly brought us joy. Investors may have sold some of their Bitcoins to take advantage. However, many investors are still holding Bitcoin and not selling it at yesterday's high price.

But it is still far from the previous ATH where Bitcoin is currently still struggling to reach the previous ATH. And now, the price correction has come. This correction makes me curious because with the $34k level reached, where will the price of Bitcoin fall? Can Bitcoin price remain above $30k during the current correction or will Bitcoin price return to below $30k?

It remains a mystery to us. And people who bought Bitcoin at $33k or $34k yesterday could be worried because they bought Bitcoin at high prices. But if they don't panic about the decline in Bitcoin and can hold their Bitcoin tightly, they will see that they will make a profit in the future.

I don't think there has been a price correction right now from the significant increase that occurred in the last few days, currently the price is still in the $34k-$35k price range which means it is still quite high and we are still waiting to see whether the increase will continue or vice versa.

We don't deserve to talk about ATH right now, currently a significant increase has just occurred and we are entering a halving time which allows us to return to seeing the things we want.
There is no need to panic, Bitcoin's movement tends to be more in a positive direction this year, and that indicates it will continue until the end of the year, and I am quite optimistic about that.

Right, I also don't see any correction, and the investors are interested more than ever this year as it we have seen the price pushed to $35,000. And I think we can still maintained that price at the end of this month. The sentiments are now very bullish.

Of course, we are still very far from the all time high, we are even half of it at the current price. The discussion will come next year, after the block halving as it is the catalyst for the bull run that we are expecting.

No one is on the panic mode or pushing the sell button. But still a good way to accumulate and buy Bitcoin even if it is $35.000.

[stomachgrowls]

The rise in Bitcoin in a short time yesterday clearly brought us joy. Investors may have sold some of their Bitcoins to take advantage. However, many investors are still holding Bitcoin and not selling it at yesterday's high price.

But it is still far from the previous ATH where Bitcoin is currently still struggling to reach the previous ATH. And now, the price correction has come. This correction makes me curious because with the $34k level reached, where will the price of Bitcoin fall? Can Bitcoin price remain above $30k during the current correction or will Bitcoin price return to below $30k?

It remains a mystery to us. And people who bought Bitcoin at $33k or $34k yesterday could be worried because they bought Bitcoin at high prices. But if they don't panic about the decline in Bitcoin and can hold their Bitcoin tightly, they will see that they will make a profit in the future.

I don't think there has been a price correction right now from the significant increase that occurred in the last few days, currently the price is still in the $34k-$35k price range which means it is still quite high and we are still waiting to see whether the increase will continue or vice versa.

We don't deserve to talk about ATH right now, currently a significant increase has just occurred and we are entering a halving time which allows us to return to seeing the things we want.
There is no need to panic, Bitcoin's movement tends to be more in a positive direction this year, and that indicates it will continue until the end of the year, and I am quite optimistic about that.

Just wait for it, we arent still on bull market yet and just like been said or mentioned above by some posters. We are really just that still far away on bull run or year and half basing up on the history
on which there's really that still chance for you to wait up for some extreme dips or corrections on which it could really happen on this year into the next.This is why it would really be just that fine that you should really be taking up some assumption that there would really be some further dumps that could happen along the way. If you are really that just new into this market then these things would really be surely be experience
about that roller coaster ride on which it is really just that something that very normal into this market.

Now tend to look around on the news and sentiments that floating on which it seems that we would really be having some nasty corrections around the corner. This is why you should really be that
careful on what are the things that you would really be gonna do specially on deciding whether on buying or selling because in any actions be made then there would really be a
corresponding effects next to it. This is why you should really be wise on taking up decisions or else it would really be costing you.