Bull season started?

[JoyMarsha]

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

The accumulation of bitcoin continues it never stops a bit even if bitcoin should hit $35k above as we have seen it to be. I don't see investors trying to pull back because of that.

One thing that every crypto investor has in mind is that, at what price they bought bitcoin now, it will surely skyrocket higher than it did during the bull run season. So no need for them to pullback from the accumulation of bitcoin.

Accumulating bitcoin at this price, with the amount you can afford to lose is what every investor should be doing before the bull run starts. The price of bitcoin you are seeing today, you might not see in months to come as the case may be

[erep]

One thing that every crypto investor has in mind is that, at what price they bought bitcoin now, it will surely skyrocket higher than it did during the bull run season. So no need for them to pullback from the accumulation of bitcoin.

Accumulating bitcoin at this price, with the amount you can afford to lose is what every investor should be doing before the bull run starts. The price of bitcoin you are seeing today, you might not see in months to come as the case may be

Bitcoin price conditions will make investors confused about determining the purchase price because they assume the market is bullish and the price of bitcoin will rise higher at $40k, I think the best solution is to develop a DCA strategy in bitcoin investment because of your opinion we don't know what cases will have an effect in the market next year, if the case is positive for market support then prices will be higher with the impact of a drastic increase but if the case is negative it will have an impact on prices falling. So think about the impact if you buy bitcoin at the current price, but if you focus on long-term investment then you can ignore the short-term market impact because your focus is on reaching ATH in the future.

[Bitcoin_people]

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

For the past few months we have been in a dumping market and then there has been a good pumping in the Bitcoin market. As we have seen Bitcoin price at $35000 dollars in October 2023 and this month is over. And I guess the next month in November maybe the Bitcoin market could turn into another bull market, and we can predict that. However, most of the experts have predicted that by the end of 2023, the price of Bitcoin may move between $40,000 and $45,000, and here the market can wait for a long time. And after bitcoin halving is likely to go well and bitcoin is sure to go all the way to the top. As the bull market is only a few days away, investing in Bitcoin is the best and most profitable way to do it right now. As we have looked at Bitcoin's past history, we can assume that by 2025 the selling market will reach an all-time high. So we who are bitcoin traders should hold the bitcoin investment for that period so that we can sell during peak ATH.

[YUriy1991]

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

The accumulation of bitcoin continues it never stops a bit even if bitcoin should hit $35k above as we have seen it to be. I don't see investors trying to pull back because of that.

One thing that every crypto investor has in mind is that, at what price they bought bitcoin now, it will surely skyrocket higher than it did during the bull run season. So no need for them to pullback from the accumulation of bitcoin.

Accumulating bitcoin at this price, with the amount you can afford to lose is what every investor should be doing before the bull run starts. The price of bitcoin you are seeing today, you might not see in months to come as the case may be

...and that is the process of the price going even higher, BTC is now at a price of $34,274 which previously rose high to a price of $35,280 and the difference is not that big either. I and others also hope that the selling pressure will decrease and become smaller so that an upward reversal occurs quickly and the price rises to 40K in the near future.

[doomloop]

It seems to me that the main resistance was the area of 32-33k, which was broken. Now the main thing is that it should become a support and then the growth should continue. We will have to see what the next week will be like and the new month will start.

The current resistance based on the price and market movements seems to be $35k because the market hasn't yet been able to go above it though it tried a couple of times. Bitcoin even went down to $33k a couple of times but it didn't go below that as well, so we got to see if the price would break above the resistance or go below the support which seems to be $33k so far. There is a lot of uncertainty in the market once again because of this scenario.

Investors that might have missed the price from the previous week which was $26k being the least must be confused once again whether they should buy in the current price or wait, because people are also expecting that this might be the beginning of the long-anticipated bull run that was originally expected to begin in 2024.

[justdimin]

In my opinion, the bullish market is already started. The market is creating higher highs and lows, meaning the buyers are in-control. It's hard to believe that today we were in the bullish market because the market didn't go the way they used to be. I think this is what the market really do because there are so much resistance above unlike before that the upward momentum is so strong since there is no visible resistance above. Maybe if the market reach or break its ATH price, the bullish season we used to before will happen.

There have been strong resistance in maintaining nothing below $34,000 though the market earlier yesterday went down a little bit to 33,700 or so, yet it still bounce back to where it belongs in favour of the bull, this is a strong feelings that we are likely to experience more of bull this present time than ever before that bear market have been prevailing, the end of this month will justifies the means but we are more likely to go higher than expected as some already predicted $38,000 sooner as the month round up.

There are a lot of people who ended up with a realist increase at this point and the amount of people who would like to keep buying still is strong. There was an expectation that it would grow smaller and people assumed that we would see it drop and the amount of buyers would drop but the reality is that we are not going to end up with anything that is major, we are going to end up with a lot more buyers if we keep the hype going, and that should be important.

We are going to end up with a greater return, so we could definitely give it a go. Just let it be and then we are going to grow stronger, and hopefully we could do a lot better, I know that it is not going to be easy but we can make it work.

[bestcoins1]

...and that is the process of the price going even higher, BTC is now at a price of $34,274 which previously rose high to a price of $35,280 and the difference is not that big either. I and others also hope that the selling pressure will decrease and become smaller so that an upward reversal occurs quickly and the price rises to 40K in the near future.

Apart from expecting less selling pressure in the next two months, we also need to expect higher buying pressure in the next two months so that the Bitcoin price increase can continue to rise above the current price and head towards $40K. Because that is a more logical hope this year than too much hope for Bitcoin, apart from that we also need to hope that there will be encouragement from many investors who are specifically targeting Bitcoin for a more real price increase in the next two months.

[BlockchainWizard]

...and that is the process of the price going even higher, BTC is now at a price of $34,274 which previously rose high to a price of $35,280 and the difference is not that big either. I and others also hope that the selling pressure will decrease and become smaller so that an upward reversal occurs quickly and the price rises to 40K in the near future.

Apart from expecting less selling pressure in the next two months, we also need to expect higher buying pressure in the next two months so that the Bitcoin price increase can continue to rise above the current price and head towards $40K. Because that is a more logical hope this year than too much hope for Bitcoin, apart from that we also need to hope that there will be encouragement from many investors who are specifically targeting Bitcoin for a more real price increase in the next two months.

In addition, the macro market must also be taken into account. And here things are not looking too promising at the moment. The tense geographical situation and the financial market currently tend to assume a declining market. But maybe this time it will be different and the market will take refuge in hard assets, including bitcoin.

[Iamcrypticguy]

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

I've been keeping an eye on the Bitcoin market, and it's been a fascinating journey. In my opinion, the current spike to $35k could have been impacted by past October trends, but it's difficult to say for sure. Aside from that, the bitcoin ETF is still pending approval. But I'm willing to take a risk and am prepared to use Bitget & Binance to invest my money in Bitcoin. In addition, I'm preparing my investment strategy and planning to purchase a few tiny bags of prospective tokens, such as MATIC, BGB, DOGE, and KAS.

It's safe to say that it's been a positive month, with altcoins gradually picking up momentum and experiencing upward trends. After reviewing Bitget spot market, here are some of the top-performing altcoins for this week.

[ajiz138]

One thing that every crypto investor has in mind is that, at what price they bought bitcoin now, it will surely skyrocket higher than it did during the bull run season. So no need for them to pullback from the accumulation of bitcoin.

Accumulating bitcoin at this price, with the amount you can afford to lose is what every investor should be doing before the bull run starts. The price of bitcoin you are seeing today, you might not see in months to come as the case may be

Bitcoin price conditions will make investors confused about determining the purchase price because they assume the market is bullish and the price of bitcoin will rise higher at $40k, I think the best solution is to develop a DCA strategy in bitcoin investment because of your opinion we don't know what cases will have an effect in the market next year, if the case is positive for market support then prices will be higher with the impact of a drastic increase but if the case is negative it will have an impact on prices falling. So think about the impact if you buy bitcoin at the current price, but if you focus on long-term investment then you can ignore the short-term market impact because your focus is on reaching ATH in the future.

Regarding the confusion of where the price will go, no one will ever know, if they determine the price to go down then wait, if the price goes up then there is no need to regret it because they are now ignoring the current price even though it is called a bullish trend it is still quite worth buying at the current price of $34K.
By doing DCA, there is no need to think about the important price of accumulation every time they have money, meaning that now there is no need to see excessively from negative and positive news, just focus on buying the DCA way because really the big bullish is still yet to come.
Now still has a chance, instead of thinking about prices that are not decisive enough optimistically buy and wait until ATH I think it will not be long from now.

[STT]

Positive development above the 2 day average still but we appear to be on a course to meet the weekly average soon.  We  will have a conclusion on this move to resolve upwards or a pullback to consolidate when we challenge that momentum formed over the last week.   So far its done what BTC often does which is hold fast, a possible positive or drift into negative price action from profit taking.
  Constantly people will sell BTC because it rises with such large percentage gains so often many speculators are involved short term which means selling is the standing question waiting to be answered.

  50 day average cross the 200 day moving average which is a positive but like March of this year after a rise we had to first pullback to check back at those 2 moving averages before continuing.
   I just cant imagine the path to halvening is clear and free now, I think its a long and winding road with boulders all over it and a cliff top drop as we ascend any mountain.  We can go up but I dont believe in the easy path scenario personally my only question is when is a pullback appearing.

[ShinyStarPrincess]

Positive development above the 2 day average still but we appear to be on a course to meet the weekly average soon.  We  will have a conclusion on this move to resolve upwards or a pullback to consolidate when we challenge that momentum formed over the last week.   So far its done what BTC often does which is hold fast, a possible positive or drift into negative price action from profit taking.
  Constantly people will sell BTC because it rises with such large percentage gains so often many speculators are involved short term which means selling is the standing question waiting to be answered.

  50 day average cross the 200 day moving average which is a positive but like March of this year after a rise we had to first pullback to check back at those 2 moving averages before continuing.
   I just cant imagine the path to halvening is clear and free now, I think its a long and winding road with boulders all over it and a cliff top drop as we ascend any mountain.  We can go up but I dont believe in the easy path scenario personally my only question is when is a pullback appearing.

Any pullback will be a solid time for accumulation or DCA (in the conservative way). Strong manipulations will appear a lot for the expectations the mainstream has

[Gladitorcomeback]

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

Apparently, there is a strong resistance at $35k. It is more likely that Bitcoin may come back down for a re-test once before the bull season. If you look at the daily chart, there is also a prediction that Bitcoin will go down instead of up. The other reason I see is that Bitcoin went from $26k straight to $35k and there was no rejection anywhere in between. For this reason, the chances of rejection are also high. If there is any good news from the ETF then Bitcoin can break the resistance of $35k and then it will not be difficult to go higher, because the current pump is also due to news. If the ETF issue persists, then the chances of Bitcoin going up are slim.

You don't need to be confused, if you already holding btc then just wait for good time to sell which should be more than 50k$. If you are still waiting for good entry then I will suggest to buy 10% at current rate and then wait for market to become down.

[MarvieJ]

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

Personally I think this is a bull trap , coz bull run hasn’t started . I know last week there was a sudden price hike on $btc which helped me take profits on my of my holdings in my Bitget wallet. But notwithstanding I’m still in full observation of the market

[KingsDen]

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

May of us and including me does not know the difference between the normal increment of price and the bull run increment of price. I think that the bull run price increment differs from other price changes because the bull run positive price is always building to a new ATH. If this is true, what happened last week is nothing close to the bull run, rather it is a normal price increment that we see when bitcoin has consolidated for so long.

I think we are going to experience another bear market to the region of 20k before bull run will come.

[pawel7777]

May of us and including me does not know the difference between the normal increment of price and the bull run increment of price. I think that the bull run price increment differs from other price changes because the bull run positive price is always building to a new ATH. If this is true, what happened last week is nothing close to the bull run, rather it is a normal price increment that we see when bitcoin has consolidated for so long.

I think we are going to experience another bear market to the region of 20k before bull run will come.

The bull run is just a trading lingo, not some strict, technical term with clear rules. In traditional stock trading, it's generally accepted to use that term after a >20% increase in price. Of course, for Bitcoin expectations are set a little bit higher than that.
I'd say we can talk about bull run when we have a longer period of consistent growth (with occasional drops of course). In simple terms when there's more demand than supply.

[Captain Corporate]

Seems like green days are more often than red days lately, which is a good thing. I have to say its going to be something that would be quite detrimental if we didn't have a bull season understanding or at least hopes. I mean looking at the situation, if you open up CMC, you will see that %24 hours is almost always green, and that is definitely a big deal without a doubt. I get that there could be some red moments, there are people who are selling to take profit, which is fine but that doesn't mean that we are not going to end up with a huge difference maker. I believe that we are going to end up with a greater return, we need a better approach, it should be done a lot better. Its definitely a bull season start, not a full on %100 bull season yet, but its the start of one.

[Sophokles]

If this is the start of the bull season then it will be one of the unique ones because we haven't seen any bull rally start in the previous year of halving. Even if it isn't the start of a bull run it surely indicates one. Retail investors are accumulating and that is why even a small dip became the accumulation zone. The market sentiment shows everyone knows we don't have much time before the next rally.

[kingvirtus09]

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"

We are in a bullish trend so far, and if you look at the chart, he is also in an uptrend. We are just different in the prediction reading of each trader. Now, regarding your question, my answer is that we are not in the bull run yet. Maybe we are getting closer to the bull run.

But I feel that we are really going to the bull run, and I feel that the bear season is over. Because it is quite smooth and good to conduct trading activity so far on any exchange today. It's still good to continue the DCA if you are preparing to save for the upcoming bull run.

[danherbias07]

Not yet. This is not yet the time a bull run will come because what happened is just an effect of fake news that pumped the price of Bitcoin.
If you are expecting too much then don't. I don't think it is time yet until the approval of Bitcoin is way near, which means there is already speculation that it's happening near. SEC telling the people that they are near giving the go signal.
I believe we will feel it once it happens for the whales will not be late at buying so the demand will soar at a level that is surprising.
Then of course there is the halving. Once it is getting near it will add up to the market boost that will probably make more investors buy Bitcoin because of the fear of missing out.