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

[Rampagoe004]

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

In the analytical graph, the month of August for me was a very chaotic month with unstable price declines going up and down very drastically without being able to expect the slightest profit in August, moving on to September there is also no sign of active movement with increases on a large scale, not much different from the graph. at the beginning of last August.
Hopefully October will be the month we are waiting to make profits with the bull run market occurring afterward. Based on the survey results, it seems like it is still a long way off from the bullish trend line. I don't know how long we have to wait for it.

[fuguebtc]

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.

If you rely on the macroeconomic situation to judge the market trend, you are right, we have a lot of negative sentiment . With recent US economic indicators suggesting we are closer to a recession than ever, expecting a bull market in the final months of the year is really not feasible . But don't forget that the bitcoin market is very unpredictable, it doesn't always follow the world financial markets. It can increase or decrease at any time without relying on any news or just a small news can change the situation . What I see is that most people are very pessimistic and I think that is a good sign for the market going forward .

[Viscore]

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.

True. Every month with crypto comes with excitement, regardless of how history tells us. I can see this is the advantage having a volatile coin and a market as well, because you can't predict well what will be the next move for your investment, but the fact that it's highly volatile, then the hope that this could be the best month of the year is there.

However, talking about October, I know it would be quite amazing this year or let's say every year in crypto. Bitcoin investment usually gets bullish every last quarter of the year, and hopefully the next month will be the start for bitcoin to finally surge high and skyrocket again so that we will end this year with massive profits from our investment.

[philipma1957]

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

In the analytical graph, the month of August for me was a very chaotic month with unstable price declines going up and down very drastically without being able to expect the slightest profit in August, moving on to September there is also no sign of active movement with increases on a large scale, not much different from the graph. at the beginning of last August.
Hopefully October will be the month we are waiting to make profits with the bull run market occurring afterward. Based on the survey results, it seems like it is still a long way off from the bullish trend line. I don't know how long we have to wait for it.

if you look at oct 2016 to march 2017. we did not whale much at all.

we whaled in oct 2017 to jan 2018.


so it is likely we wont whale this fall if we match that rally. we actually have  YEAR AND A MONTH TO GO.

[tygeade]

In the analytical graph, the month of August for me was a very chaotic month with unstable price declines going up and down very drastically without being able to expect the slightest profit in August, moving on to September there is also no sign of active movement with increases on a large scale, not much different from the graph. at the beginning of last August.
Hopefully October will be the month we are waiting to make profits with the bull run market occurring afterward. Based on the survey results, it seems like it is still a long way off from the bullish trend line. I don't know how long we have to wait for it.

if you look at oct 2016 to march 2017. we did not whale much at all.

we whaled in oct 2017 to jan 2018.


so it is likely we wont whale this fall if we match that rally. we actually have  YEAR AND A MONTH TO GO.

While I do agree that it looks the same way, no two halving is the same. During that period we had issues regarding BCH, which was the period where prices weren't really sure what to do, the hard fork was the biggest of it's kind and that was why until July or so we didn't had much movement, and that is why we have seen it happen later on.

I think if you look at 2020 you will see that it did started to move a bit closer to the end of 2020, so I am not saying fall will be an up one, but it has potential to be a bit more than what it is right now. At the very least, reaching back to 70k in 2024 seems like a possibility. This is why I believe that we are going to probably make some good money during this period, should be fine.

[dansus021]

Well according to your data



October is the peak month and the only two year that Bitcoin don't perform well that is in 2014 and 2018 and with an average of +22% we are going to see juicy profit in next month and I hope soo too.

So the best for now is just to acquire more bitcoin

[Don Pedro Dinero]

Well according to your data

<...>

October is the peak month and the only two year that Bitcoin don't perform well that is in 2014 and 2018 and with an average of +22% we are going to see juicy profit in next month and I hope soo too.

So the best for now is just to acquire more bitcoin

I agree with the last sentence but not because of what will or will not happen next month. There are many good reasons to buy bitcoin but if we focus only on this cycle and the possibility of profit as you seem to do, although historically October has been a good month, history does not have to repeat itself, and in fact, we have two exceptions in that same chart.

I think it is better to base it on the fact that it has been half a year since the halving, that is to say that we are entering the period where the rise usually occurs, that bitcoin is increasingly adopted, even institutionally, and even the possibility that states will begin to adopt it as a strategic reserve. I think these and other reasons are better than speculating about what will happen next month.

[aoluain]

Well according to your data



October is the peak month and the only two year that Bitcoin don't perform well that is in 2014 and 2018 and with an average of +22% we are going to see juicy profit in next month and I hope soo too.

So the best for now is just to acquire more bitcoin

Yea we are only a week into September and its very much like continuing the
previous historical trend of being a Red month, October, looking at the chart
is opposite it looks predominantly Green, It would be nich to see a turn around then!

Eventhough it doesnt make too much difference to long term HODL'ers a
Green October would inject some positive buzz here.

Absolutely, September again is an accumulation month!

[LUCKMCFLY]

Hopefully October will be the month we are waiting to make profits with the bull run market occurring afterward. Based on the survey results, it seems like it is still a long way off from the bullish trend line. I don't know how long we have to wait for it.

I think the same, furthermore we have seen that things are happening worldwide that can trigger fundamental factors, and speculative markets are always affected, possible wars, presidential elections in the USA, and we are getting very close to such an event, I think this can also have an impact, and since Trump has already declared himself Pro-Bitcoin, it is possible that if he wins, confidence in the asset will increase and it will rise as many of us want, of course all of these are possible essentials, which basically can have a lot of impact on the price of bitcoin, which I hope will be positive in the end.

[BITCOIN4X]

~Snip

While I do agree that it looks the same way, no two halving is the same. During that period we had issues regarding BCH, which was the period where prices weren't really sure what to do, the hard fork was the biggest of it's kind and that was why until July or so we didn't had much movement, and that is why we have seen it happen later on.

I think if you look at 2020 you will see that it did started to move a bit closer to the end of 2020, so I am not saying fall will be an up one, but it has potential to be a bit more than what it is right now. At the very least, reaching back to 70k in 2024 seems like a possibility. This is why I believe that we are going to probably make some good money during this period, should be fine.

So far we have only entered the second week of September, but bitcoin price movements do not appear to be as optimistic as most people imagine. Prices tend to be sideways and may be more likely to be corrected, but fortunately we still have strong support above $50k as of today. A repeat of the ATH can likely be expected during the rest of the year, with many people even expecting it in October.

During this period, anyone who is able to take advantage of price volatility will gain a lot of profit. Large investors continue to accumulate, while small experienced investors do so too. The biggest loss is when we don't take advantage of opportunities, of course if we are financially supported.

[uneng]

The less expectations you create regards October, more likely it will be that Bitcoin perfom better than in previous months. Always investors created huge expectations this year regards Bitcoin, they have become upset and dismotivated once the price fluctuated on the exactly opposite direction they were expecting. It happened in August and it's happening now in September again.

So, keep your expectations under the radar for October, and you may get surprised in a very positive way when you least expect. I have good memories about Bitcoin pumping in decisive moments, when no one was hoping to see that happening. After all, we have no alternative besides being patient. To try predicting what the next Bitcoin's move is going to be never worked very well on this industry.

[tabas]

October is the peak month and the only two year that Bitcoin don't perform well that is in 2014 and 2018 and with an average of +22% we are going to see juicy profit in next month and I hope soo too.

2018 was a year of bear market and that's why it didn't perform there but you're right about that. It's seasonal and we're on the right season now for this bull run hasn't peaked yet.

So the best for now is just to acquire more bitcoin

If the tides won't change by this month of September then that's fine. And I was just looking at the date now and we're closing again to the half of this month. Time flies really so fast and the exciting part is where we're about to get there. October didn't gave us something good for those who are expecting some bump but, it was a good month as well of accumulation and maybe it's continuing from this month of September as well.

[LUCKMCFLY]

There is no doubt that things could be very good for October, October could be a preview of what could be very good for December, some investors could make their moves perhaps buying more, and that is something that will happen without a doubt, but we have to be aware of something, the possible fundamentals that could occur, world events are very unstable, there is talk of possible world reactions to the US elections and that could affect the price of BTC, they are simple things, but I would say that it is not a month to define what may come , I will remain attentive to any changes.

[JeffBrad12]

there are many people speculating current chart forming descending triangle with BTC and will make breakthrough eventually and that there will be one last dump before the big pump, I kinda buy this idea and if this month happen that BTC dumps again then maybe there will be full green market in october.

but then again, nothing is guaranteed, but as long as you're trying to catch the dip here and not trading on leverage, I think you're set up if ever there will be any big last bullrun causing BTC to surpass $70k you will profit hard.
but know that buying the dip is like catching knives.

[Aanuoluwatofunmi]

Since we aren't done completely with September, we cannot predict on what the second half of the month may give concerning the bitcoin market price, though from the weekly candles and market sentiments seen of recent, we can deduce that the market is trying to break the band above $60,000 but the resistance against this is getting much and higher, which also tells that we should either expect for more bear or bull as the case maybe for this moth while next month may likely favour all through for bull.

[Republikcoin.com]

In the analytical graph, the month of August for me was a very chaotic month with unstable price declines going up and down very drastically without being able to expect the slightest profit in August, moving on to September there is also no sign of active movement with increases on a large scale, not much different from the graph. at the beginning of last August.
Hopefully October will be the month we are waiting to make profits with the bull run market occurring afterward. Based on the survey results, it seems like it is still a long way off from the bullish trend line. I don't know how long we have to wait for it.

I also hope that in October there will be an improvement in the price of Bitcoin in the market in order to raise new spirits for people who are waiting for the bullish this year and regarding how long you have to wait for it, of course the answer is until your own patience runs out. Because in terms of waiting for the bullish, especially for Bitcoin, it certainly tests the patience of everyone so that it only depends on each individual. But on the other hand, you don't need to worry as long as you still hold Bitcoin very tightly because Bitcoin will not get worse in the future and that has been proven and clearly seen until this year.

[asriloni]

Since we aren't done completely with September, we cannot predict on what the second half of the month may give concerning the bitcoin market price, though from the weekly candles and market sentiments seen of recent, we can deduce that the market is trying to break the band above $60,000 but the resistance against this is getting much and higher, which also tells that we should either expect for more bear or bull as the case maybe for this moth while next month may likely favour all through for bull.

I still stick to my first scenario. If we see BTC enter a bull trend, it will start next month. I have no optimism to see it now. This is because this month is going to be a volatile month for bitcoin. Though it's possible for btc to show a reverse movement, we have not yet gone down to reach our new support.



Also, the FED is going to announce a cut rate soon. And if this is going to be more than 50 basis points, that will bring the price of bitcoin down to reach another low. However, it can be less than that too. But, let's see.

Hopefully, we're going to see a cut rate of less than 50 basis points cut rate.

[serjent05]

Since we aren't done completely with September, we cannot predict on what the second half of the month may give concerning the bitcoin market price, though from the weekly candles and market sentiments seen of recent, we can deduce that the market is trying to break the band above $60,000 but the resistance against this is getting much and higher, which also tells that we should either expect for more bear or bull as the case maybe for this moth while next month may likely favour all through for bull.

I still stick to my first scenario. If we see BTC enter a bull trend, it will start next month. I have no optimism to see it now. This is because this month is going to be a volatile month for bitcoin. Though it's possible for btc to show a reverse movement, we have not yet gone down to reach our new support.

It makes sense if you say that October will be the start of the Bitcoin uptrend.  It has been observed that October is often a strong month for Bitcoin often called Uptober.  It is also expected that the October trend often serves as Pivotal for the Bitcoin market since this month often recovers from September market losses[1]


[1] https://coinedition.com/bitcoins-september-curse-can-2024-be-any-different/

[mirakal]

There is no doubt that things could be very good for October, October could be a preview of what could be very good for December, some investors could make their moves perhaps buying more, and that is something that will happen without a doubt, but we have to be aware of something, the possible fundamentals that could occur, world events are very unstable, there is talk of possible world reactions to the US elections and that could affect the price of BTC, they are simple things, but I would say that it is not a month to define what may come , I will remain attentive to any changes.

If we traced back from its previous years, the month of October is usually the start of bitcoin price surging high. In fact, the last quarter of the year is indeed very bullish in preparation for the year end. But we all know, history may not always repeat itself. It could be the opposite this year, no one actually knows.

The best solution is just to prepare ourselves for the unexpected event that may happen in October. Regardless if it could be bullish or bearish, at least we won't be making abrupt decisions since we have planned for it before October arrives.

[stomachgrowls]

There is no doubt that things could be very good for October, October could be a preview of what could be very good for December, some investors could make their moves perhaps buying more, and that is something that will happen without a doubt, but we have to be aware of something, the possible fundamentals that could occur, world events are very unstable, there is talk of possible world reactions to the US elections and that could affect the price of BTC, they are simple things, but I would say that it is not a month to define what may come , I will remain attentive to any changes.

If we traced back from its previous years, the month of October is usually the start of bitcoin price surging high. In fact, the last quarter of the year is indeed very bullish in preparation for the year end. But we all know, history may not always repeat itself. It could be the opposite this year, no one actually knows.

The best solution is just to prepare ourselves for the unexpected event that may happen in October. Regardless if it could be bullish or bearish, at least we won't be making abrupt decisions since we have planned for it before October arrives.

One of the important things that you should really be that having in mind is not to make yourself that fixated into something specially on crypto space on which we know that everything could possibly happen.
Always set up some back up plans whenever your analysis fell short on which wek now that this market is really that highly volatile or simply being dynamic. There's no way that you could really be
able to know on whats ahead and there's no way that you could be able to know on what would happen in the future. This is why it would really be that important that you should really be that versatile as
much as possible and you wont really be that fixating yourself on what happened in the past. There's always the tendency that you would really be having that kind of probability on sticking into it.
Its not really that bad on being positive but of course you shouldnt really be that making yourself dumb when it comes into this manner. You should really be always be prepared for whats to come
and not really that seeing yourself believing on a single probability but rather it would really be needing that it would really be in tons.