Will October be the start of the green months to bull run peak?

[taufik123]

I don't judge by sentiment but there is really a lot of hope in October and November. Historically in 2021, October and then November have been explosive, so I suspect this has a basis to go in the right direction, macro news about the FED or Trump paying with bitcoin for the first time is also creating stimulus and momentum, although I also suspect that the trap of market makers, institutional investors is opening up the money flow again.

It seems that Bitcoin is getting a lot of support and benefits for this time and seeing how the Fed also lowered interest rates to 50bps also has an effect on the price of bitcoin.

In addition, not only Trump is now supporting bitcoin, Kamala Harris has also decided to support Bitcoin because she knows that is what everyone wants and if she opposes it then she will oppose the world.

Then looking at the price history that occurred, October to December is a very positive trend, especially in the last 5 years Bitcoin has always experienced a big increase in October, it is expected to reach the highest price as soon as possible or at least in 2025.

[Smack That Ace]

I don't judge by sentiment but there is really a lot of hope in October and November. Historically in 2021, October and then November have been explosive, so I suspect this has a basis to go in the right direction, macro news about the FED or Trump paying with bitcoin for the first time is also creating stimulus and momentum, although I also suspect that the trap of market makers, institutional investors is opening up the money flow again.

It seems that Bitcoin is getting a lot of support and benefits for this time and seeing how the Fed also lowered interest rates to 50bps also has an effect on the price of bitcoin.

In addition, not only Trump is now supporting bitcoin, Kamala Harris has also decided to support Bitcoin because she knows that is what everyone wants and if she opposes it then she will oppose the world.

Then looking at the price history that occurred, October to December is a very positive trend, especially in the last 5 years Bitcoin has always experienced a big increase in October, it is expected to reach the highest price as soon as possible or at least in 2025.

She did not make any statements that she would support cryptocurrencies if elected, she only said that she would promote the development of AI and digital assets as well as protect investors. This is a neutral statement that any candidate or president who is not overly concerned about the market would make because it would not be in their best interest to publicly oppose the industry.

At the beginning of the month, many of us were also pessimistic because based on history, September is not a good month for bitcoin, but with what is happening, everything is completely opposite. So, in my opinion, we should not rely too much on what happened in history to predict the future because the impact of each period is not the same. We should be optimistic about the last quarter of the year because of the election, the Fed still has 2 more rate cuts before the end of the year...those are the things we rely on to be more optimistic.

[Kemarit]

I don't judge by sentiment but there is really a lot of hope in October and November. Historically in 2021, October and then November have been explosive, so I suspect this has a basis to go in the right direction, macro news about the FED or Trump paying with bitcoin for the first time is also creating stimulus and momentum, although I also suspect that the trap of market makers, institutional investors is opening up the money flow again.

If their is a thing that we can hold for today, it's that we can see October as a good month to start the bull run as per historical logs. And the timing though, we are about just a week this September and it seems that the we are somewhat starting the bullish phase at $63,000-$65,000. So just imagine if we start October with that kind of price, and as we approach the US election, it could fuel more money channeling in the market based on that event and the result itself.

So let's see, we should be optimistic that the market is going to bounce back and we do hope that this is the start of something big post halving. Again, if we look at the history, 100++ post halving, we should be seeing some semblance of a bull run already. And it seems that October could be a big month for us till the end of the year.

[JeffBrad12]

I don't judge by sentiment but there is really a lot of hope in October and November. Historically in 2021, October and then November have been explosive, so I suspect this has a basis to go in the right direction, macro news about the FED or Trump paying with bitcoin for the first time is also creating stimulus and momentum, although I also suspect that the trap of market makers, institutional investors is opening up the money flow again.

If their is a thing that we can hold for today, it's that we can see October as a good month to start the bull run as per historical logs. And the timing though, we are about just a week this September and it seems that the we are somewhat starting the bullish phase at $63,000-$65,000. So just imagine if we start October with that kind of price, and as we approach the US election, it could fuel more money channeling in the market based on that event and the result itself.

So let's see, we should be optimistic that the market is going to bounce back and we do hope that this is the start of something big post halving. Again, if we look at the history, 100++ post halving, we should be seeing some semblance of a bull run already. And it seems that October could be a big month for us till the end of the year.

any year where month of september is bullish, october will also be bullish based on this data from coinglass



so I'm pretty optimistic, moreover there's news of china cutting rate which can further amplify bitcoin rally, maybe we will see new ATH for real next month but still can't be sure, since BTC hardly breakthrough $65k but we'll see.
hopefully we can see ATH again.

[CageMabok]

I don't judge by sentiment but there is really a lot of hope in October and November. Historically in 2021, October and then November have been explosive, so I suspect this has a basis to go in the right direction, macro news about the FED or Trump paying with bitcoin for the first time is also creating stimulus and momentum, although I also suspect that the trap of market makers, institutional investors is opening up the money flow again.

Some people are still hoping to see a similar momentum like in 2021 again in 2024 because that was a very good momentum in Bitcoin. But we all also won't know for sure about the return of such momentum at the end of this year. Because in every cycle there must be a little shift and not always similar things can reappear in a different year although at this time it should be to see a bull run in the market again. News about the FED and Trump does still have a little influence on Bitcoin, especially in moving investors to buy Bitcoin again with quite a lot of enthusiasm, but they can also let go of Bitcoin at any time when they see more profit through their own holdings.

[taufik123]

She did not make any statements that she would support cryptocurrencies if elected, she only said that she would promote the development of AI and digital assets as well as protect investors. This is a neutral statement that any candidate or president who is not overly concerned about the market would make because it would not be in their best interest to publicly oppose the industry.

But just pray that whoever is elected will be more positive and supportive of Bitcoin,
because if they will only oppose it will also affect the regulation and the future of Bitcoin, even if it is not completely.

It's still about politics, but Bitcoin won't be fully affected just because of the political interests of each candidate.

So, in my opinion, we should not rely too much on what happened in history to predict the future because the impact of each period is not the same. We should be optimistic about the last quarter of the year because of the election, the Fed still has 2 more rate cuts before the end of the year...those are the things we rely on to be more optimistic.

It is not always based on the past, it is only as a history that needs to know that every October in the last 5 years is quite good with a bigger increase.

But after all, History, which is data in the past, can be a reference to determine where the market will go.
And there are many factors that also affect how trends will occur in the future.

[Sexylizzy2813]

Hi ,

If you look at the link below and scroll down to the chart showing monthly history for Bitcoin you can see September is one of the worst months but October one of the best.

If you look at the last cycle from October 2020 to March 2021 , Bitcoin had 6 consecutive green months going into the bull run peak.

Can we expect this again ?

This is my first bull run and I think September will be pretty similar to August, very up and down. But once October comes things should start getting better again and I expect us to have a good Q4 and Q1 of 2025.

https://www.coinglass.com/today

At first I said September is not going to produce anything close to $60k to the current price $63k and for you to say September is one of the worst I think I'll have to disagree with you, compare September and August you'd know that is best to say September is more better than what we have last month, all we had was red more than the green. Base on the link you dropped I think things can also change and if October was more productive in showing more green I have that feeling that it can as well turn to red this 2024 because that was 2020 you're talking about. Bitcoin price or the market movement doesn't move in the same direction that why we can't tell if it will be high or low, we base only base on prediction or speculation. Don't be surprised if before the end of September we might be seeing Bitcoin price rise to $70k+, just say though.

[el kaka22]

Finally, we are going to get into October and it is true that October has been a good month for a few years now, even during the worst parts we have seen it be fine, but also these numbers do not reflect the reality all that much since there were moments when it did go up a lot and then went down, so it shows up but actually it had a huge drop in it, it just got negated by the big increase as well.

So we need to be careful, an example on based on todays prices would be that we could go to 100k on October and then drop to 70k, it would still be higher at the end than the start, so it would look like we made some profit, but there could be a drop in there. Because of two type of people, you could either be a person who buys when it goes up, and lose money when it goes down, or you could just simply end up buying now, and waiting all the way until it drops as well. These both are not good methods and you should be looking into selling at the peak and not wait until too late so that you would make some profit.

[LUCKMCFLY]

Some people are still hoping to see a similar momentum like in 2021 again in 2024 because that was a very good momentum in Bitcoin. But we all also won't know for sure about the return of such momentum at the end of this year. Because in every cycle there must be a little shift and not always similar things can reappear in a different year although at this time it should be to see a bull run in the market again. News about the FED and Trump does still have a little influence on Bitcoin, especially in moving investors to buy Bitcoin again with quite a lot of enthusiasm, but they can also let go of Bitcoin at any time when they see more profit through their own holdings.

It is a fact that everyone wants what happened in 2021 to happen, but when the 4-year cycle is over, it may happen, we cannot affirm that this can happen, however when we are present this year and those to come we know that the market can already react to world events and that can have a lot of repercussions on what the speculative market means, it is a fact that if Trump wins, the btc will accelerate its bullish trend, because the confidence and security in investors will grow and they will invest more confidently, in the case of Kamala if she wins, unfortunately ugly things may come for the btc such as a drop in price, of course it is all speculation, but it is the logic that I extract.