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Author Topic: Will October be the start of the green months to bull run peak?  (Read 1298 times)
ethereumhunter
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September 01, 2024, 10:17:24 AM
 #41

I wish that can happen in October but we really don't know for sure about that even all people will not have the right answer. Bitcoin can moves to anywhere and that can not always happen in October. Even if that will happen in October, we still don't know what date the bull run will comes. If you want to make a big profit from Bitcoin, you must prepare by accumulating more Bitcoin before the bull run comes so you can sell at the high price especially if the bull run really comes in October.

But if the bull run delay the coming and will happen in the next year, you still have more time to accumulates more Bitcoin. You need to use this time to saving more and more Bitcoin because the next bull run can makes Bitcoin price jump to the high price that we can not imagine.

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September 01, 2024, 10:29:52 AM
 #42

It’s normal to be optimistic about every new month to be the month that, Bitcoin would experience a lot of bullish move. Especially with the halving haven’t gone behind us but really, it amounts to nothing really. You can get heartbreaks having way much expectations from every coming month. If your buying and holding, spending just when you have to if you have to, you would care less of the bullrun but, appreciate it when it starts happening and your assets keeps appreciating in value.
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September 01, 2024, 06:12:02 PM
 #43

It’s normal to be optimistic about every new month to be the month that, Bitcoin would experience a lot of bullish move. Especially with the halving haven’t gone behind us but really, it amounts to nothing really. You can get heartbreaks having way much expectations from every coming month. If your buying and holding, spending just when you have to if you have to, you would care less of the bullrun but, appreciate it when it starts happening and your assets keeps appreciating in value.

It's okay to hope, but they just need to realize that not all expectations can match reality. Optimism is important so you can maintain big plans for investing in Bitcoin in the long term, most importantly don't panic when the market doesn't match expectations. Selling bitcoin during a downturn is a bad decision, but they should be able to accumulate and strengthen their portfolio over time.

There is new hope in every new month, of course we don't need to stop hoping for the best for the price of bitcoin which will be profitable for its holders. We are already on September 1, while the price of bitcoin is moving sideways and tends to appear to be experiencing a decline. I'm not really worried about it and so far I'm just trying to maintain my main plan for the long term.
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September 02, 2024, 03:41:12 AM
 #44

if september is truly rektember then october will likely become bulltober Grin. why? because cryptocurrencies will be highly oversold if september really all red.

there is this myth going on that september might be a really bad month for bitcoin because historically speaking the month is red most of the time around 7 out of 10 within the decade, but I see this as no more than self-fulfilling prophecy, if any the chance of BTC rising up is higher since the market has been known to usually go against the market psychology.

just in case if you see a really bad correction in september, just be ready to buy the dip and prepare for october, that's when you gonna get good profit but be careful because there's possibility that we might go back to bearish phase again Grin.

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September 02, 2024, 04:00:59 AM
 #45

I think the volatility will return in either October or November. November we got the election and it will become very volatile, same with the stock market. As we get closer and closer to the election, whatever the election odds are for Trump it will favor Crypto.

If Harris is going to be in the lead then the opposite will happen. Then if Trump doesnt win the election, then it will be bearish for crypto as a whole because there will be a crackdown like before with the democratic party. So the action will most likely start sometimes in October or November. Nobody knows if it will be bullish or bearish but we wont be stuck in this $60K range anymore hopefully.
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September 02, 2024, 05:25:49 AM
 #46

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

Very funny of me to say that I don't participate in price prediction because it makes no difference in the market.
I am just sentimental that I want a Dip market when I have some fund to buy more bitcoin and then as I accumulate interesting values, I am obliged in anticipating for a pump riding onto the bull run as much in the nearest. I am not of panic as much because I am holding for a long term.
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September 02, 2024, 09:00:50 AM
 #47

Very funny of me to say that I don't participate in price prediction because it makes no difference in the market.
I am just sentimental that I want a Dip market when I have some fund to buy more bitcoin and then as I accumulate interesting values, I am obliged in anticipating for a pump riding onto the bull run as much in the nearest. I am not of panic as much because I am holding for a long term.
If you're not too panic about the current conditions, of course there won't be any problems that you have to think about except what you want when you want to buy again which will then also hope the market improves when you want to sell it again when the price increases in the market. Currently Bitcoin is still stagnant at $58K which means it is still below $60K so anyone can make plans to buy again as long as there are unused funds and enough for several purchases with a decent amount.
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September 02, 2024, 09:26:17 AM
 #48

I wish that can happen in October but we really don't know for sure about that even all people will not have the right answer. Bitcoin can moves to anywhere and that can not always happen in October. Even if that will happen in October, we still don't know what date the bull run will comes. If you want to make a big profit from Bitcoin, you must prepare by accumulating more Bitcoin before the bull run comes so you can sell at the high price especially if the bull run really comes in October.


 As an investor who has high hopes in Bitcoin's prediction for an increase in price in October, everyone wants a greening in the form of a bull this month, it can be seen that so far the value of Bitcoin is influenced by demand or adoption by companies that adopt Bitcoin, considering that Bitcoin always has a fluctuating nature where the price/value will always vary at any time.

But if the bull run delay the coming and will happen in the next year, you still have more time to accumulates more Bitcoin. You need to use this time to saving more and more Bitcoin because the next bull run can makes Bitcoin price jump to the high price that we can not imagine.

 Agreed, when the delay still occurs, it provides a wide opportunity for Investors to continue to pocket their Bitcoins, Investors can do DCA at any time they want, especially when the price is still in a declining or stable condition for some time, this can be an opportunity to continue buying or holding on for some time to come.

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September 02, 2024, 02:21:31 PM
 #49

As an investor who has high hopes in Bitcoin's prediction for an increase in price in October, everyone wants a greening in the form of a bull this month, it can be seen that so far the value of Bitcoin is influenced by demand or adoption by companies that adopt Bitcoin, considering that Bitcoin always has a fluctuating nature where the price/value will always vary at any time.
That volatility may drop over time and that is one thing that I am very interested about the future. A lot of people are forgetting that we were small in bitcoin and still not that huge just yet, and there are not that many regulations about buying or selling it neither, which means that the volatility is still here.

However, we need to remember that it will go higher and higher, maybe one day pass gold too, and when it is 10+ trillion dollar market cap just for bitcoin, do you really think that people will have time to make a 20% in a single day? It will not happen and we know that it will not happen, which is why it is not a big deal at all.

I personally believe that we just need to make sure that we are dealing with normal people here, and not wild crazy investors, aside from few big crisis days, we will see normal people react normally and since it will be huge in the future, the volatility will not be much, not as much as now at least. The more those corporates adopt, the more we buy, the price will keep on going higher, and the higher it goes, the less volatility will happen and the price will definitely be more hopeful then, because everyone will definitely have a good reason to keep holding.

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September 02, 2024, 05:15:11 PM
 #50

No one can say sure things about future. We only can base on evidence, history and speculate what will happen if history repeats itself.
And history does repeat itself most times, given a wide range of options and spread of time. I'm bearish on Bitcoin this month. My bias stems from historical data of what Bitcoin has predominantly done in September. For those who like to DCA, they can take a dive and watch Price Action for their entries on higher timeframe. We need just one negative news to drive it down.


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September 02, 2024, 10:45:30 PM
 #51

There has been a lot of volatility in the Bitcoin market for quite some time, especially since Bitcoin has been below $60,000 for a few months. I think Bitcoin will go higher this September and October and there is a possibility of a market correction. However, the Bitcoin market has gained 3.3% in the last 24 hours.

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September 02, 2024, 11:49:33 PM
Last edit: September 03, 2024, 10:57:33 PM by STT
 #52

Past the 2 day average right now, could be a time to buy as we rise from a major Fibonacci level.   Stop loss level would be about 58k as a further lower low is possible on inter mediate time frames.  We remain in a range bound market overall but also there is a threat of a decline to that motion occurring not just a simple repeat as mostly has been true over the last months.

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September 03, 2024, 04:51:01 AM
 #53

Bitcoin has been trading within a certain range for a while now. The volatility has been increasing in recent weeks so it may be that a big move is imminent. Anytime the price gets too low, ETFs and whales will buy up all the coins and we see the price rebound. The demand is there, but accounting for how cheap Bitcoin was at the beginning of this year, there are also going to be many people looking to take profits during a pump.

The price can go sideways and even lower for a while longer, but I don’t think September is guaranteed to be a negative month. We have seen a departure in historical trends more recently such as the all time high being reached in the weeks before the halving.

If we break the trend of lower prices in September, that would give me confidence that we can reach a new all time high before the end of the year.

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TravelMug
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September 03, 2024, 06:53:18 AM
 #54

Past the 2 day average right now, could be a time to buy as we rise from a major Fibonacci level .

We had some spike though, 2.x% in the last 24 hours. So I think it's good enough sign for the market to recover this month. Everyone is expecting that at some point, the market will go a run and this could be this month.

So many surprises in this current cycle, we have been months after the halving and so far no major movement. But what's interesting is that once there is a movement, it is hard to stop and so we should still be in for many surprises till the end of the year and maybe we could get into a new highs of $80k and up.

 
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ethereumhunter
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September 03, 2024, 08:50:59 AM
 #55

As an investor who has high hopes in Bitcoin's prediction for an increase in price in October, everyone wants a greening in the form of a bull this month, it can be seen that so far the value of Bitcoin is influenced by demand or adoption by companies that adopt Bitcoin, considering that Bitcoin always has a fluctuating nature where the price/value will always vary at any time.
Yes, many investors hope an increase in price in October but they don't know for sure so they can only prepare for that moment comes. In this early October, the price seems wants to increase after the correction in this few days but we don't know what will happen. I tried to place an open trade for the rising of Bitcoin price but if the market is change, maybe I will close the trade. So if the situation in this month will be better than in the last month, maybe we will see a reversal from the market and that can trigger the price increase especially if more good news comes. We can hope that the bull will start slowly and reach the new ATH in the next year.

Agreed, when the delay still occurs, it provides a wide opportunity for Investors to continue to pocket their Bitcoins, Investors can do DCA at any time they want, especially when the price is still in a declining or stable condition for some time, this can be an opportunity to continue buying or holding on for some time to come.
Therefore, we must use this time to accumulate more Bitcoin so we will have more Bitcoin so we will have much opportunity to make a big profit in the next bull run. We will use DCA to buy Bitcoin while we can so we must continue what we did. The correction will still happen so we have many times to buy more Bitcoin so we can allocates some money that we can to but Bitcoin.

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Minor Miner
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September 03, 2024, 02:07:43 PM
 #56



We had some spike though, 2.x% in the last 24 hours. So I think it's good enough sign for the market to recover this month. Everyone is expecting that at some point, the market will go a run and this could be this month.


Are you kidding? Just because we're up over 2% in the last 24 hours, doesn't mean we're going to have positive moves for the rest of the month. That is no sign and there is no indication that the market will recover and grow well this month. LOL.
No one wants the market to fall but we need to accept the fact that the market is still in a correction phase and it is not going to end anytime soon.

So many surprises in this current cycle, we have been months after the halving and so far no major movement. But what's interesting is that once there is a movement, it is hard to stop and so we should still be in for many surprises till the end of the year and maybe we could get into a new highs of $80k and up.

On the contrary, I see no surprises with the current cycle. Many people are surprised because they are too subjective and expect too much that history will always repeat itself. But they forget one thing, bitcoin is unpredictable, there is no guarantee that history will always repeat itself.

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September 03, 2024, 02:58:28 PM
 #57

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


I think that is another scenario that will play out whether it will show a bullish start again in September and October, if so of course it will be bullish until mid-2025, but if the price becomes a downtrend of course the price will continue to fall until it finds a bullish next year.

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September 04, 2024, 04:30:52 AM
 #58

Past the 2 day average right now, could be a time to buy as we rise from a major Fibonacci level .

We had some spike though, 2.x% in the last 24 hours. So I think it's good enough sign for the market to recover this month. Everyone is expecting that at some point, the market will go a run and this could be this month.


That small spike didn't affect bitcoin's movements. But, market sentiments did. In fact, bitcoin is doing a reversal right now. It's moving down back to 55 - 56 in less than a day. If you're wondering, the main causes this dump is many bad sentiments abour BTC. This due to a plunge in the stock market, BTC ETF outflows, and decline in mining profitability by miners.





With all of the bad sentiments above, and i don't even see a sign for us to recover. And we will have negative result in September.





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September 06, 2024, 02:50:47 AM
 #59

Past the 2 day average right now, could be a time to buy as we rise from a major Fibonacci level .
So many surprises in this current cycle, we have been months after the halving and so far no major movement. But what's interesting is that once there is a movement, it is hard to stop and so we should still be in for many surprises till the end of the year and maybe we could get into a new highs of $80k and up.

we in general should relax because previous bullrun ATH is reached exactly 10 months after halving and right now we are only 5 months after halving.
if people predict bitcoin's movement based on the historical price action or chart pattern, then they should know that right now isn't really the time for the massive bullrun if we see from the data.



that is why even if people are so bearish in some social media platform, i will still believe that the bullrun is still going on.

however it's baffling though, BTC just go down from $70k to $55k after went up from $20k to $70k within relatively short amount of time and people are already saying bitcoin's bullish cycle has already ended, I'm pretty sure it hasn't.

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September 06, 2024, 05:46:38 AM
 #60

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


I think that is another scenario that will play out whether it will show a bullish start again in September and October, if so of course it will be bullish until mid-2025, but if the price becomes a downtrend of course the price will continue to fall until it finds a bullish next year.

I hope for October to change things up a bit on the market. What I mean is to see some green in my portfolio due to BTC bouncing up eventually Grin
Some think it will happen then, some - in 2025, but it is inevitable, sorta.

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