Bitcoin hits $64K: What will October bring for BTC?

[Dunamisx]

It's not "Uptober" yet, but we're seeing signs of a bull run. BTC has already reached $64K, and September has been a decent month so far. Many are leveraging this momentum, preparing for a potential bull run or a trading fiesta, as the market is looking green.

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

Maybe we should be getting ready now henceforth for the market to rise to more than $73,000 and make it to a new all time high, because the end of this month is giving us the right indication to this, we should also be ready in seeing that the market get to continue on this tre3nd till the beginning of next month, the bullruns might have just continues already.

[ivankoh]

Expect October to be a good month for bitcoin and it is possible to reach a new ATH soon, that is the biggest driving force for the market. Because after the 150-day halving cycle, bitcoin usually increases very quickly. If it cannot reach a new ATH, it will still increase very strongly as I predict 68k-78k, Get ready for the second big pump of the year

[BABY SHOES]

It's not just an unmasked spike but a real one as bitcoin prices continue to rise for several days, signaling that it's ready to be bullish in the next month.

What we expect is certainly an increase, right? The current price to the new ATH is getting closer... Will October be ATH history again even if it's only $75K because we know next month to be a bullish month which we saw history before.

Whoever bought at the lowest point this month was lucky to take advantage of the downturn and will now look forward to a slow rise.

[CryptoHeadlineNews]

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Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

For me, I will say that you never can tell about the bull potential of Bitcoin currently due to it's price crossing the $64k Benchmark,  because been a digital currency whose value had always fluctuated due to demand and supply, it might be true or not, which is why it's advisable for potential Bitcoin investors to buy Bitcoin now and plan to hold for a very long time, now that it's price is still very possible, compared to if Bitcoin crosses $100k benchmark, which has already been spiculated to happen before the end of the year.

[adzino]

It's not "Uptober" yet, but we're seeing signs of a bull run. BTC has already reached $64K, and September has been a decent month so far. Many are leveraging this momentum, preparing for a potential bull run or a trading fiesta, as the market is looking green.

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

September was supposed to be a bearish month according to history, but it wasn't this time, right? The market's seems to be reacting positively  to the fed cutting interest rates by 50 basis points which happened for the first time after almost four years. That's probably why September has been different this time around. And lots of people are already expecting October to be bullish, so they might already be stacking up on Bitcoin, and maybe "Uptober" is already priced in and people might start taking profit next month... But this is crypto. You never know what might happen next. Even if history repeats itself, we shouldn't be surprised if the price suddenly drops next month.

[JeffBrad12]

just wait until we know how significant the rate cut affects economy, probably next month then we're talking about bullrun, right now market will probably just hold its price around $64k - $63k, been seeing the market price action since yesteday, it seems the resistance around $62500 - $62250 is really strong it just refuses to go down deeper than that, moreover the buying of BTC by also helps the market holding current price.
just hoping that weekly candle doesn't close on bearish engulf so we can be pretty optimistic that the market isn't done with its rally, after all, previous cut rate proven BTC to go up really high after few days, maybe it's gonna be the same scenario.

[rhodelmabanal]

It's not "Uptober" yet, but we're seeing signs of a bull run. BTC has already reached $64K, and September has been a decent month so far. Many are leveraging this momentum, preparing for a potential bull run or a trading fiesta, as the market is looking green.

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

Well i also think that this october the bull run will start, because we are now seeing a quick rising of the price ot the bitcoin, if there will be another correction then maybe will see bull run in the middle of october but, still there is not sure there will be possible changes just like before this is my own prediction, it is hard to predict the price but we are in favor of the bull run.

[tabas]

It's not "Uptober" yet, but we're seeing signs of a bull run.

Didn't we see it already before the halving?

BTC has already reached $64K, and September has been a decent month so far. Many are leveraging this momentum, preparing for a potential bull run or a trading fiesta, as the market is looking green.

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

I am expecting that we'll see better and stronger in the upcoming months. If people are still in preparation for the upcoming bull run, they're doing the right thing although this time is already considered bullish. The market is changing from time to time, we might be green for today but next week we don't know but as everything is going through IMO we're all doing good.

[Iranus]

I remember in a poll in early September when bitcoin was still trading at $52-55k. Most are bearish on the market and no one thinks we will have a recovery or growth in September, and no one is optimistic about the coming months, all they can say is that they expect change in the future. But suddenly bitcoin price rose above $60k and at one point surpassed $64k, now people are gradually becoming more optimistic and they have also changed their bitcoin views.

That shows no one can know what will happen next, bitcoin is unpredictable. So what we can do is plan for both scenarios: what we will do if the price falls and what we will do if the price rises from now on.

If you actually read some of the replies on those polls about bitcoin September price you will find out that most people have their predictions base on historical data and one of the key factors that made many to think this month will be bearish month is because the month of September has always been majorly a bearish month so base on that many predicted it to follow the trend. Also the month was welcome with a panic news of recession looming around which added to most investors confluence.

 The month predictions might now be wrong with bitcoin pumping up this is because no prediction is certain it’s all speculations, moreover the Month actually played out its bearish trend role and only started pumping because of the cut of rate by the state’s which increase the interest of many investors to come in and that’s why this pump is going on and I expect it to kick start the bullish trend which I believe will start this last quarter of the year

Yes, the yearly chart shows that September is always a bad month for bitcoin but another reason is since the halving happened. Bitcoin monthly price poll topic so far most people have made wrong predictions, Bitcoin does not move according to crowd expectations. So people start to lose their expectations and instead make more neutral predictions because no one wants the market to fall any further nor does they believe the market will rise. But every time the price of bitcoin increases, some people will immediately change their minds.
It can be said that market sentiment changes very quickly and market makers are very good at manipulating our sentiment.

The Fed's 0.5% rate cut did not necessarily ease recession fears; on the contrary, it made them worse. They rushed to cut interest rates because they were probably afraid of a recession, not because the economy was getting better as they said. But surprisingly, the market reacted positively.

Personally, I am in no rush, I will wait until the second rate cut in November, then I can be confident enough to think we will enter bull season.

[ethereumhunter]

This surge is real as we see the price increase high. But I am not sure if this is a real bull run or a sign of bull run. We never know about that for sure and only guess that is a sign of bull run because the price can break the wall and increase to the high price. When you are an investor, you will still hold your Bitcoin and not trigger because of this surge as you have your own target price to sell. You only still buying Bitcoin and accumulating so you will have a chance to save man Bitcoin. This is a good moment to take profit from trader because the surge from the low to the high price is real and they can sell some portion of Bitcoin and take the profit. But they can also hold their Bitcoin until the price reach their target price.

[Cryptoprincess101]

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

The recent surge in the price of Bitcoin is not a facade because we all saw how the price of Bitcoin didn't experience any increase in the past month but just within a couple of days we witnessed significant increase and the price has been around $63k which means we should be expecting the market to strengthen more and elate the price of Bitcoin to skyrocket in upcoming days so we should be optimistic about the price gaining more strength (skyrocket) than weakness (decrease) in months to come.

[YOSHIE]

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

For years, Bitcoin has taught us about speculation about the direction of the crypto market game after the halving occurs or often said to be a new ATH, maybe there are hundreds of people often talking about, Bitcoin $50k how in September, Bitcoin broke $60k how in December and so on.

It is necessary to understand that there is a lot of speculation that can be seen outside, unfortunately it is speculation that is not calculated and experienced, it only comes from the brain while sleeping, it is a shame that many crypto users are fooled in situations like that, Honestly, I took from the experience of these two years, 2024 and 2025. Bitcoin went up and down, that's normal in the crypto market, but don't expect Bitcoin to break through to levels that are impossible in those two years, hope for the next halving, you can see what happens.

[Wexnident]

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Hmm, if it goes on till the end of the month we might actually see it as a stabilized level and we'd probably see 65-70k instead for the entirety of October. We are nearing the end of the year and as per expected, most people (and I) are expecting BTC to at least stabilize itself at 65k ish with the potential of going up. Now it depends on how the market reacts based on the slow increments we would see in october (and maybe November) but it isn't unrealistic to expect a new ATH at the end of the year.

Still wouldn't expect anything exaggerated though, you'd probably see the norm we've had in the past few months but moved up by a couple thousand instead.

[Marvell1]

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

This could be another bull trap or the correction is over and we are entering a bull market in the final months of the year. Anything can happen, and no one can be sure about the future.

I know we are in a speculative board and we are free to make predictions but in my opinion, if we have been able to hold bitcoin so far. So even if the market gets worse, there is no reason to sell bitcoin and leave the market at this point. So we should pay more attention to continue holding and buy more when the price drops. Don't get so focused on the short term fluctuations of bitcoin that you lose sight of our bigger goal. Market makers are playing cat and mouse with us and we need to stay calm, don't fall into their trap and sell all bitcoins now.


Sooner or later the uptrend will appear and if it doesn't happen in October or November then it will happen in 2025, this is inevitable.

[EL MOHA]

Yes, the yearly chart shows that September is always a bad month for bitcoin but another reason is since the halving happened. Bitcoin monthly price poll topic so far most people have made wrong predictions, Bitcoin does not move according to crowd expectations. So people start to lose their expectations and instead make more neutral predictions because no one wants the market to fall any further nor does they believe the market will rise. But every time the price of bitcoin increases, some people will immediately change their minds.
It can be said that market sentiment changes very quickly and market makers are very good at manipulating our sentiment.

The thing is right before the starting of this year when the ETF was approved and bitcoin rose to highs that even broke the previous all time which was a thing that happens after halving there was a shift of market sentiment with investors and traders all turning super bullish due to the euphoria that the trend brought and many were not even expecting anything bearish again although we know it is undeniable that there will be correction and that’s why you see that most of those predictions were wrong because their were base on traders sentiment and not on any actual data, it is of recent that investors and traders are beginning to keep calms and allow the market trend follow it self.

The Fed's 0.5% rate cut did not necessarily ease recession fears; on the contrary, it made them worse. They rushed to cut interest rates because they were probably afraid of a recession, not because the economy was getting better as they said. But surprisingly, the market reacted positively.

Personally, I am in no rush, I will wait until the second rate cut in November, then I can be confident enough to think we will enter bull season.

Yeah I have seen many economists predicting a worrisome recession data even with the rate cut most are of the opinion that the government did that to ease the recession panic, this is the first time since 2020 so maybe we wait for a new FOMC report and see maybe it wasn’t a panic act.
If anyone have been following the bitcoin trends one can easily see that the easiest way the market gets manipulated is actually through the traders sentiment, just a news of recession fears and the Japanese interest rate hike caused a huge dump in August, a news now about rates cuts caused its own pump again. This panic buys and sell are to me done by small hands who do not understand how the market trend works

[Republikcoin.com]

It's not "Uptober" yet, but we're seeing signs of a bull run. BTC has already reached $64K, and September has been a decent month so far. Many are leveraging this momentum, preparing for a potential bull run or a trading fiesta, as the market is looking green.

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

The recent surge in Bitcoin prices is not a hoax because it could be due to the effects of the Fed's interest rate cut which directly impacted the crypto market and others, causing the price of Bitcoin to increase. And we can also assume that this is due to the effect of many investors buying again this month after news of the interest rate cut began to emerge and was approved by the Fed. So this is a very good momentum and not just a hoax because Bitcoin will always get better when there is news that can influence the market in a better direction.

[LogitechMouse]

It's not "Uptober" yet, but we're seeing signs of a bull run. BTC has already reached $64K, and September has been a decent month so far. Many are leveraging this momentum, preparing for a potential bull run or a trading fiesta, as the market is looking green.

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

TBH, it's a bit surprising that it's looking like we will end the month of September with a green candle. I mean just by basing on the history of movement of price of Bitcon during the month of September in the last 11 years, it averaged negative. Point is, I didn't expect it, but I'm happy to see Bitcoin above $60,000 for days already.

Is this a sign of a bull run? I think so and if you will look at the history, price of Bitcoin during the month of October tend to go up massively hence, there might investors out there who bought Bitcoin in advance so that they will not buy it anymore when it goes up next month. Based on history, Bitcoin's price in the final 3 months of the year tend to go up-down-up. I'm not sure if this will be the case this year as well, but there's a high chance that we might see the bull run happening next year just because of it's current price movement. If it stays above $60,000 for weeks, it's already a good sign.

Also, let's not forget that the US election will be happening a few months from now, and I hate to say it, but it might be a catalyst for the upcoming bull market. Both shown interest with Bitcoin, and even though I don't think that this is genuine, I believe that it will have some effect towards the price of Bitcoin in the long run. As for the month of October, I expect nothing but an upwards movement.

[Z-tight]

Whoever bought at the lowest point this month was lucky to take advantage of the downturn and will now look forward to a slow rise.

It has not moved that much, still ~ $63k, neither is it moving any fast right now, so it is still a great opportunity for whoever wants to buy BTC. There are so many weak hands in the network and the way they go about things always amuses me, they would not buy BTC when it is low or when it is rising slowly, they would wait until there is a very fast pump in price, then they start fomo buying, it is funny but they repeat this action everytime.

[Baofeng]

It's not "Uptober" yet, but we're seeing signs of a bull run. BTC has already reached $64K, and September has been a decent month so far. Many are leveraging this momentum, preparing for a potential bull run or a trading fiesta, as the market is looking green.

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

With the way that the price has been moving since we hit a new all time high last March, it's really hard to see where it will go in the next month. Although historically, October-November should be a good month for a halving year, however, this is a very different cycle as we hit a new all time high prior to the halving itself. That's why this is the first time that we have seen this kind of movement and so we don't have any precedence to see how it will be.

So this could be just a facade, a bull trap or catching a falling knife. So it's just better to just prepare for the unexpected in the last 3 months. We will have to observe and just react on what the market will give to us. And then we have the US election as well in the sideline that might have a impetus on the market. Majority might think that it will bolster the market because a certain candidate is supposedly pro-Bitcoin. But it's not a assurance that once that person is elected, the market is going to be very bullish.

Lot's of parameters that we have to consider, and at the end of the day, it will still be up to us whether to push a bull run or not.

[$weetne$$]

It's not "Uptober" yet, but we're seeing signs of a bull run. BTC has already reached $64K, and September has been a decent month so far. Many are leveraging this momentum, preparing for a potential bull run or a trading fiesta, as the market is looking green.

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

We are close to Uptober therefore I can only see one possibility playing out which is the market going up. But this does not mean that we will not see small corrections happening during October but I do not think we are going to see the market getting a very big correction as we have experienced in the past. The signs are already everywhere that our sorrows will soon be over because the market is going to make us happy. The hodlers are about to be rewarded but there is still time for anybody that wants to buy. I have not analyzed the market myself recently but I do not think I have to do that as I will not be trading again until the bull market is over because I do not want to miss taking full advantage of the bull market because I wanted to take a short term profits.