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Author Topic: Bitcoin hits $64K: What will October bring for BTC?  (Read 754 times)
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September 23, 2024, 04:42:22 PM
 #61

This can’t be exactly termed a bull run. I would say this is just another price correction. Definitely, if we see in history, then in the last quarter of the year we always see Bitcoins going up. So definitely it will do a sprint till 70k USD. But the price growth will solely depend on the demand to accumulate the coins by the traders and miners. It’s better to buy the coins or, if possible, do DCA. In this manner, you can make a good profit without worrying about the market’s movement.

Some analysts says it'll go as high as 85k in the last quarter..


Some analysts said it would reach 100k by June.



Don't trust what the analysts said. They were just creating noise. Their predictions rarely came true.

So many times i have seen a bunch of analysts say "btc would reach xxxx by the end of xxxx".

It's all bullshit. Always try to stick with reality. If bitcoin, it takes longer to reach a higher value. It's also relied upon the condition of our macroeconomics that happens around us.

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September 23, 2024, 09:22:28 PM
 #62

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 how far the year has gone, I think we are going to see more of bullish trend going forward from here. The Month of September has really been a hell of a ride for Bitcoin. Although it was already predicted that the early and  middle part  of September will be more of bearish than bullish , and we really saw how that played out. Since from history September has really been a bloody month for Bitcoin. Now that September is gradually coming to an end and the bullish candles has started coming up again. I think the recent surge in the market is going to be sustained for a larger part of October, and the remaining months of the year. Before September will end Bitcoin is going to break the $64k level.

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September 24, 2024, 03:29:12 PM
 #63

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.
I think what you said is confusing. It seems you can't decide if the bull run have already occurred or not yet. It would be better if you will only choose one. Come on man don't be greedy Cheesy. I think other coins did the same thing because it is known that other coins can follow the footsteps of BTC. What we are experiencing last time where the prices are dropping is only a correction and it seems it is done because we can now see BTC pumping up again. I think the bull run is not over yet, so we will be having a continuation for it. Anything can still happen like you said, so the price can still nose dive.

We can't predict the future and so as the future of cryptos, hence this is they are called speculative and we are only speculating here. Some have held their BTC for so long but it does not mean that they will continue doing this. In fact they may now sell anytime because they might have achieved their target already. There is always a reason for everything and so as when we sell our BTC's. Short-term fluctuations can still be useful, so it is not wrong if you can also focus on it.

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September 24, 2024, 04:38:49 PM
 #64

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.



Historically, the bulls activates in October. The sentiment right now could be because of some bullish news around BTC ETF option introduced, more institutional adoption of BTC and the latest introduction of DeFi to Bitcoin network.

The real bull run begins 2025 (that's the cycle) but I've always seen every movement as an opportunity and that depends on the strategy. Right now, it's more of getting rammed in on trade (with the right analysis) or maybe some exchange trade deals like lots of Launchpool recently on Binance and PoolX or some sort of specialized trade stuff on BG and copy trades here and there. It's our choice really but let's dyor be the main lead.

That's true. Thought this past week haven't been good for me. But as a builder. This is what I plan to focus on this week. Bitget builders harvest hopefully I get a chance to claim some USDT. what's your price prediction for BTC in the thick of the bull run? $200k?

Yeah, something in that range though my guts tell me it's going to be around $400k if the US presidential election goes in our favour and other market and fundamental indicators.

Do you think trump has a chance? BTC is trading around 63k at the moment though. Are you a builder? And I assume you're participating. How was your last week rewards??
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September 25, 2024, 04:32:40 AM
 #65


Do you think trump has a chance? BTC is trading around 63k at the moment though.

The chances are evenly split between Trump and Harris. While Trump has publicly supported bitcoin throughout his campaign, that does not mean or guarantee that if he is elected, the price of bitcoin will definitely go to the moon. Or if Harris is elected we won't have a bull market. I think whoever becomes president as long as they put in place policies that promote a good economy then bitcoin will benefit in many different ways.

$200,000 or $400,000 are big goals this cycle and I think to do that we need a bigger catalyst than the news of a Trump victory. In my opinion, depending on the market situation, we will set more suitable goals instead of making fixed predictions for a volatile market like crypto.

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September 25, 2024, 05:04:03 AM
 #66

You know 29th September can be another significant day for crypto. In this day CZ will be released
Nonsense! Who the fuck he is? This will never be influential.

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September 25, 2024, 09:05:36 AM
 #67

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?


As a crypto trader, asides playing games online to get more coins as airdrop, which some of them might not end up as expected, what do we do for fun that we can earn from and be certain that we will get rewards from? I am new in the space and will need some guide and suggestion on how to go about this without wasting my time on tapping or playing games that will not reward me for my time and efforts, and most of the things I have seen asides from the trending memes has to do with Trading battles, invites, community contests, influencers and all on Bitget, Binance, I don't know if Coinbase does much of events and the likes, and I am not a celebrity or a rich dude, what can a nube do to be okay with his time?
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September 25, 2024, 09:10:27 AM
 #68

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 how far the year has gone, I think we are going to see more of bullish trend going forward from here. The Month of September has really been a hell of a ride for Bitcoin. Although it was already predicted that the early and  middle part  of September will be more of bearish than bullish , and we really saw how that played out. Since from history September has really been a bloody month for Bitcoin. Now that September is gradually coming to an end and the bullish candles has started coming up again. I think the recent surge in the market is going to be sustained for a larger part of October, and the remaining months of the year. Before September will end Bitcoin is going to break the $64k level.

It's been more than 100 days since the halving, and so we should be expecting that the price could really take off in the next coming months or so, at least October historically, proved a good month to Bitcoin market. As far as what could influence the price or at least investors pouring their money, it could be the US election or something else. What's important is that the market is really bouncing or recovering from the last bearish month.

As we can see, the next barrier could be $65k, and if we can break it, maybe at the end of this month we might reach $68k. And with that, it could really translate on investors very bullish that might lead us to a new all time high before the end of the year. So we should watch out for October as this is a very critical month.

 
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September 25, 2024, 11:51:02 AM
 #69



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


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.
I won't completely say Bitcoin is unpredictable. Otherwise, what's the place of Technical analysis and fundamentals. But I agree with you 100% that it's important to know what to do when the price falls and when the price rises. Infact, the rise and fall of Bitcoin price is what excites traders. Others are exploring trading competitions like the Bitget Builders harvest time trading battle I found users discussing in one of the forums. It's that season where traders benefits the most from the price volatility
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September 25, 2024, 11:56:24 AM
 #70


Do you think trump has a chance? BTC is trading around 63k at the moment though.

The chances are evenly split between Trump and Harris. While Trump has publicly supported bitcoin throughout his campaign, that does not mean or guarantee that if he is elected, the price of bitcoin will definitely go to the moon. Or if Harris is elected we won't have a bull market. I think whoever becomes president as long as they put in place policies that promote a good economy then bitcoin will benefit in many different ways.
The forth coming election does not have the full capacity to positively or negatively pull the price of Bitcoin automatically heading towards a large variance in price mark. Only possible reason why either contenders to becoming the President will create an impact to the market is when power has been fully handled and whereas decides to make the crypto community/activities very conducive or maybe not then will it have such reflexes but not on hearing who becomes the winner of the forth going election, not just immediately.

You know 29th September can be another significant day for crypto. In this day CZ will be released
Nonsense! Who the fuck he is? This will never be influential.

Very funny though, now wondering what influence would the X - CEO of Binance have to do with Bitcoin price movement. Most people are jut carried away by any moment of activities slightly associated with Bitcoin or cryptocurrencies.

.
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September 25, 2024, 11:56:40 AM
 #71

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 price got pumped by the news coming from the US Federal Reserve. I wouldn't consider this as a "signs of a bull run".
The possibility of the price going down below sixty thousand USD is still here. I don't have a crystal ball and I can't see the future, so I can't tell what is going to happen with the Bitcoin price is October. I'm simply going to wait for the bull run 2025 and I don't have any expectations for October, November and December. Maybe the BTC price will drop in November, after Kamala Harris gets elected as a US president. Grin

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September 26, 2024, 12:32:28 PM
 #72

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 price got pumped by the news coming from the US Federal Reserve. I wouldn't consider this as a "signs of a bull run".
The possibility of the price going down below sixty thousand USD is still here. I don't have a crystal ball and I can't see the future, so I can't tell what is going to happen with the Bitcoin price is October. I'm simply going to wait for the bull run 2025 and I don't have any expectations for October, November and December. Maybe the BTC price will drop in November, after Kamala Harris gets elected as a US president. Grin
That news did help pumped the price, not just in crypto market, but all other financial markets as this is what they wanted to hear from the FEDs. And so with that, the price goes up as high as $64,xxx if I'm not mistaken, and then we have a minor retracement. But the sentiments of the investors are very high and so the price didn't go down that hard. If we look at the previous historical logs though, October-November is very positive during halving year. Not that we expect something similar to happen, but at least with previous runs, there might be a good chance that the price as well for this year might increased as it might coincide with the US presidential election and then next year he or she will officially sit on the White house. So there are still a lot of positive news that might push the market into a bull run in 2025.

R


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September 26, 2024, 01:13:55 PM
 #73

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 how far the year has gone, I think we are going to see more of bullish trend going forward from here. The Month of September has really been a hell of a ride for Bitcoin. Although it was already predicted that the early and  middle part  of September will be more of bearish than bullish , and we really saw how that played out. Since from history September has really been a bloody month for Bitcoin. Now that September is gradually coming to an end and the bullish candles has started coming up again. I think the recent surge in the market is going to be sustained for a larger part of October, and the remaining months of the year. Before September will end Bitcoin is going to break the $64k level.
Only a few days left and after that we will reach the last quarter of the year. The last few months have not been very positive for Bitcoin so we can consider the upcoming month as a bullish month for Bitcoin. However, in late September we see Bitcoin move slightly higher. But it definitely needs time to get its full strength. Moreover, we will see Bitcoin becoming a bit bullish from next month if we consider it as the implementation of the expectation that is working in everyone after the Halving. The last quarter in particular looks quite bullish compared to the rest of the year. But these are all just guesses. The market can turn in any direction at any time. Bitcoin has already crossed $64k. If this continues then we will be able to see a Bitcoin bull market soon.

.
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September 26, 2024, 02:23:51 PM
 #74

I won't completely say Bitcoin is unpredictable. Otherwise, what's the place of Technical analysis and fundamentals. But I agree with you 100% that it's important to know what to do when the price falls and when the price rises. Infact, the rise and fall of Bitcoin price is what excites traders. Others are exploring trading competitions like the Bitget Builders harvest time trading battle I found users discussing in one of the forums. It's that season where traders benefits the most from the price volatility
Price ups and downs in the market are indeed something that every trader loves because they do profit from it and it certainly happens very often in Bitcoin so predictions based on technical and fundamental analysis will always be there for Bitcoin although complete accuracy is always harder to find. However, it should still be considered normal because there are many people who are able to profit from these opportunities in the market because traders also often see certain moments and use them to gain more profits.

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September 26, 2024, 02:27:02 PM
 #75

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 price got pumped by the news coming from the US Federal Reserve. I wouldn't consider this as a "signs of a bull run".
The possibility of the price going down below sixty thousand USD is still here. I don't have a crystal ball and I can't see the future, so I can't tell what is going to happen with the Bitcoin price is October. I'm simply going to wait for the bull run 2025 and I don't have any expectations for October, November and December. Maybe the BTC price will drop in November, after Kamala Harris gets elected as a US president. Grin
October is almost come. We will see what happen to Bitcoin and I hope that is a good change in the market. This month is up and down for Bitcoin and that makes many people confuse to analyze the market moves. This two days, Bitcoin move looks good because the price can hold $63k and not go to far. If this situation continue, we may see an increasing of the price so that hopefully, the market will turn the direction to the higher price.

But if in October we see many bad news comes, that can impact to the market and there will be a downtime again for Bitcoin and for the other coins. The election is also gives an effect although I don't hope that will be a big effect.

Many people still waiting for the bull run so they hold their Bitcoin until the time is coming. We have the same dream to sell our Bitcoin at the highest price or new ATH. So we must be patience for more.

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September 27, 2024, 08:36:34 AM
 #76



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.
I won't completely say Bitcoin is unpredictable.


I'm not saying that technical and fundamental analysis are completely useless but has anyone used them and been able to accurately predict what will happen next? If only TA and FA can predict the trend of bitcoin and the market, why is making profit never easy, especially with trading? Or why do people prefer long term holding option over trading when TA is used in all your trades?

If bitcoin is predictable, can you tell us what the trend of bitcoin will be in October and what the price of bitcoin will be in October? To me, TA or FA is only relative, nothing is absolute when talking about the future. Not only bitcoin but when we talk about the future, it is unpredictable, especially the financial market is always affected by news, crowd manipulation...making everything even more unpredictable.

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Kemarit
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September 27, 2024, 09:57:43 AM
 #77

I won't completely say Bitcoin is unpredictable. Otherwise, what's the place of Technical analysis and fundamentals. But I agree with you 100% that it's important to know what to do when the price falls and when the price rises. Infact, the rise and fall of Bitcoin price is what excites traders. Others are exploring trading competitions like the Bitget Builders harvest time trading battle I found users discussing in one of the forums. It's that season where traders benefits the most from the price volatility
Price ups and downs in the market are indeed something that every trader loves because they do profit from it and it certainly happens very often in Bitcoin so predictions based on technical and fundamental analysis will always be there for Bitcoin although complete accuracy is always harder to find. However, it should still be considered normal because there are many people who are able to profit from these opportunities in the market because traders also often see certain moments and use them to gain more profits.

If you know how to take advantage of it, then yeah, we love that volatility, plus or minus or a certain days and then boom, instant profit if you are a short day trader. I will still go with the fundamental analysis though, I think it's underrated, but for long term holders, this is what we are looking for.

As for the price, we have already crossed $65,000, so I guess it's good to see that the biggest psychological barrier has been breach and with that, it seems that we will end this month of a positive note. And with that, entering October is going to be big for us, in my opinion.

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September 27, 2024, 03:37:44 PM
 #78


As for the price, we have already crossed $65,000, so I guess it's good to see that the biggest psychological barrier has been breach and with that, it seems that we will end this month of a positive note. And with that, entering October is going to be big for us, in my opinion.

We've had some positive news, and I believe we're on track for more growth. We might test the 70k level soon, and then we'll see how the market reacts. October is coming, and there's a good chance we’ll see positive movement this month. As expected it's weekend and we've broken past some key levels, but we'll need to watch if the price holds steady and continues to rise.

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September 27, 2024, 08:53:53 PM
 #79

As for the price, we have already crossed $65,000, so I guess it's good to see that the biggest psychological barrier has been breach and with that, it seems that we will end this month of a positive note. And with that, entering October is going to be big for us, in my opinion.
We've had some positive news, and I believe we're on track for more growth. We might test the 70k level soon, and then we'll see how the market reacts. October is coming, and there's a good chance we’ll see positive movement this month. As expected it's weekend and we've broken past some key levels, but we'll need to watch if the price holds steady and continues to rise.
Price getting closer to 66k is the proof that we need for a bull run or at least a hype. I believe that we are going to keep growing higher too, a 70k+ should not be impossible at the moment and we can totally see it happen soon enough,  understand that it looks like it is not something that will take that much time, but it's also not that hard to do neither.

I believe that we are going to see this growing to be something that will be a good result eventually. We look like we are at the start of a bull run and I believe that is something that we can profit from, and as long as that exists, we shouldn't really be worried about anything and could get greater results with time, it's definitely something that needs to be looked closer and hold our coins for now.

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September 27, 2024, 09:38:03 PM
 #80

We are at 65k+  Bitcoin price at the moment and Bitcoin touched the 66k price also today before it corrected back to the present price, this is so exciting and I am sure the month of October is going to present a lot of positive market vibes for us, and all I can say is that let, let everyone one of us hold on to our Bitcoin position because The coming month is going to open up a lot of market possibilities and all that we can say is that we are going to be seeing more uptrend movement in October.


Bitcoin have gone pass the worste price stage right now, and there is no doubt that coming month is going to bring with it a lot of price volitilities that will ushar in a new price regim and possibly another all time high price benchmark.

 
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