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.

[FanEagle]

We can say that it already started, can't we? I mean maybe not clearly yet, but it looks like it already started, we are back to 65k. Remember, just a bit ago, we were under 50k, we did go down that much and that is not really that easy to handle all of it, we shouldn't really be all that crazy to see. I think it's clear that we are seeing this increase not being all that crazy and we should be seeing it become something nice.

I believe that we are going to see good improvement on price soon enough. This means that bull run has started already, unless something changes, we can say that September was the month that we started seeing increases, and it should be keep going even higher. There could be some downs for correction purposes, but it will keep going up later on.

[JamesDaniel90]

Well September has ended being a much better month than I thought it would. I didn’t expect it to be really bad but it has ended up being pretty good.

Does make me a bit wary though going into October thinking we may not have a good as October now as I thought we might have done but who knows maybe we will and Will just continue to go up for the rest of 2024 and Bitcoin gets close to $80k+.

I am happy either way, I would like to see us continue rising every week but I am expecting dips but overall think we will have a great end to 2024.

Some are saying Bitcoin will reach $100k this year and it might but for me I’m thinking around $85k which would still be great.

[Don Pedro Dinero]

This looks set to be the case, whether we look at the price trend or the fall in rates. Moreover, 5 or 6 months have already passed since the halving, which is the moment when the price can start the big rise.

We can say that it already started, can't we? I mean maybe not clearly yet, but it looks like it already started, we are back to 65k.

If the price really starts to rise, the previous ath could be broken in less than a week, given bitcoin's usual volatility and the fact that post-hike rises are usually parabolic. I am looking forward to seeing us approach $100,000.

[OgNasty]

I suspect that October is going to start off strong this week. If the rumors are true and FTX dollars find their way to the market starting tomorrow, I imagine it will be a noticeable movement for the market. I would be surprised if we ended the month back at $73K on the way to fighting through the resistance to make it to new highs by year’s end.

[STT]

The setup (going forward) is ok but actually still in contention on this last day of September.  I see the lows right now are at the highest price for August and where it closes in theory matters, in some charts the closing price is the only price shown on all the various time frames.   This close of week just posted a positive appreciation and I guess that matters.

It is possible we lose the momentum and retrack to say 60k before a further recovery later in this month.   I would guess for now the current lows are maintained, it probably does depend on the wider market just how much variance we see in price action its never exact in its path imo.

[Xcode7]

The setup (going forward) is ok but actually still in contention on this last day of September.  I see the lows right now are at the highest price for August and where it closes in theory matters, in some charts the closing price is the only price shown on all the various time frames.   This close of week just posted a positive appreciation and I guess that matters.

It is possible we lose the momentum and retrack to say 60k before a further recovery later in this month.   I would guess for now the current lows are maintained, it probably does depend on the wider market just how much variance we see in price action its never exact in its path imo.

But I don't think it's a sign that next month (October) will be the point where the price will jump higher.

I tend to believe more in the same market movement as what happened in this whole year and it has happened throughout the year so I believe it will also return next month and even throughout this year.
And for this October I think it's still the same as last year, it's true that at the end of the year the market price movement is always positive but I'm sure it won't happen significantly this year.

[lizarder]

But I don't think it's a sign that next month (October) will be the point where the price will jump higher.

I tend to believe more in the same market movement as what happened in this whole year and it has happened throughout the year so I believe it will also return next month and even throughout this year.
And for this October I think it's still the same as last year, it's true that at the end of the year the market price movement is always positive but I'm sure it won't happen significantly this year.

For next month's price will not change much and will still be at the same point with a price range that is not too different. We saw a correction in the previous month and there was a recovery again, for predictions I agree with your opinion and it may be difficult to exceed significant movements because if you pay attention the moment next year will be much more possible. But for accuracy we can never guarantee because the price of bitcoin is speculative and can change at any time.

So we should try to take advantage of the existing moment, especially if the investment concept that is carried out relies on the long term. Accumulate as much as possible and hold the bitcoins you have because at the next ATH moment we will get maximum profit.

[AirtelBuzz]

Hi ,

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

According to the bitcoin price growth chart on coinglass.com Bitcoin price has increased a total of nine times in October from 2013 to 2023 i.e. a total of nine Octobers were green candles. Looking at the Bitcoin price increase in the past, we can easily guess that the Bitcoin price may increase in the upcoming month of October as well (still uncertain).
As recently as late September, the price of Bitcoin rose and reach to $67,000. However within a few days the price of Bitcoin fell to $63,000, a partial fall in the market. A sudden drop in the market can create uncertainty among investors. In such a situation of the market, it is still doubtful whether the price of Bitcoin will continue to increase in the month of October compared to other years or this year may be different.

[GigaBit]

When reviewing Bitcoin's history, the last quarter has generally been a good one. During this period there is usually a green signal from the market and a high probability of good returns. However, one should not always invest in Bitcoin based on only this assumption. Because the Bitcoin market is volatile it can change at any time. Returns may not be always same within the time frame we are most expecting as it is uncertain. The upside that was expected to be seen in the price of Bitcoin after the Bitcoin Halving has yet to be seen.

Changes in US interest rate policy and investor prediction have created a positive environment in the market. That's why we can see this upcoming October month differently from other months. According to the conditions that Bitcoin has been through for the past few months, we can expect something better at the beginning of this month.

[Kemarit]

When reviewing Bitcoin's history, the last quarter has generally been a good one. During this period there is usually a green signal from the market and a high probability of good returns. However, one should not always invest in Bitcoin based on only this assumption. Because the Bitcoin market is volatile it can change at any time. Returns may not be always same within the time frame we are most expecting as it is uncertain. The upside that was expected to be seen in the price of Bitcoin after the Bitcoin Halving has yet to be seen.

Halving year, yeah, October to December seems to be very favorable to us and hopefully this is the case this year. However, we should also be looking at Bitcoin all time high, we achieved it pre-halving. So there is this thought that it could be very different cycle for this year. So it's really hard to assumed although we are still hoping that it could still be holding and so at this rate, we should be getting to $80,000 or higher this incoming 3 months.

Changes in US interest rate policy and investor prediction have created a positive environment in the market. That's why we can see this upcoming October month differently from other months. According to the conditions that Bitcoin has been through for the past few months, we can expect something better at the beginning of this month.

Yeah, everyone is in euphoria when the Feds cut it's hike to 0.5 and so it brings a lot of positive movement in the market. However, in the last 24 hours, prices are down to $63,000 from as high as almost $66,000. So again, we can only hope that this October will still be favorable and hopefully it will be the start of the parabolic and reaching new all time high at the end of this year.

[BITCOIN4X]

~Snip

For next month's price will not change much and will still be at the same point with a price range that is not too different. We saw a correction in the previous month and there was a recovery again, for predictions I agree with your opinion and it may be difficult to exceed significant movements because if you pay attention the moment next year will be much more possible. But for accuracy we can never guarantee because the price of bitcoin is speculative and can change at any time.

So we should try to take advantage of the existing moment, especially if the investment concept that is carried out relies on the long term. Accumulate as much as possible and hold the bitcoins you have because at the next ATH moment we will get maximum profit.

Historically, October is the month when bitcoin investors get some returns from their price increases. Indeed, nothing is certain and history cannot always repeat itself for this very volatile market, but the potential is still there and you don't need to ignore it completely. I am optimistic about a good rise in October, but also do not ignore the risk of a correction so there is no need to change too much investment approach including DCA.

Speaking of long-term investment plans, it is true that accumulating as many bitcoins as possible is a good approach to expect big returns. It's just that you shouldn't rush, just relax and do it wisely without ignoring any risks.