Bear market in october?

[arabspaceship123]

If there is bear season we say it is because of October? Each October does not bring bear markets but people say it is bear in October. Bitcoin does not go in bear each October. Bear market can be next month or next year in any month it is not connected to October.

[BITCOIN4X]

If there is bear season we say it is because of October? Each October does not bring bear markets but people say it is bear in October. Bitcoin does not go in bear each October. Bear market can be next month or next year in any month it is not connected to October.

You are right, but market behavior tends to follow past history even though sometimes other factors can make the direction different. Monthly return percentages can vary from year to year, but I can say that some of them are consistent. I'm not saying October was a bearish month for Bitcoin, but this price correction is understandable given the reasons behind it.

It's important to note that price corrections aren't bearish, but this a natural phase before higher prices. I believe Bitcoin is still in its bullish season, but some corrections could shift investors' perspectives, leading them to lose their strong optimism about the potential for higher prices this year.

[aylabadia05]

Joao Wedson, founder and CEO of crypto analytics platform Alphractal has made his assumptions clear as he shares his expectations of bitcoin. He noted how bitcoin has corrected 15% from its ATH already and if this continues we might see bitcoin start the bear market starting from next year. He also noted how this cycle can't be judged the same way as previous ones because of involvement of ETFs and other major investors. But we all know how in all previous years, the last quarter of the year is when bitcoin usually pumps. So the chance of bitcoin correcting and pumping next month is possible. Are you waiting for that pump? or have you already been affected by FUD?

When the market experiences a correction, rest assured that many people out there are happy. When the market experiences a significant increase, reaching an all-time high, such as the one currently held at $124,000, many people also experience feelings of joy. It's not about price, but about opportunity.

Bearish and bullish are currently being discussed by analysts, and whether he (Joao Wedson) predicted it as well.

[arabspaceship123]

It should not affect Bitcoins price if bearish and bullish are currently being discussed by analysts. Analysts talk about Bitcoin each day but they do not say it becomes bear in each October. It will not be bearish if Bitcoin does not lose value in October.

[Yaunfitda]

It should not affect Bitcoins price if bearish and bullish are currently being discussed by analysts. Analysts talk about Bitcoin each day but they do not say it becomes bear in each October. It will not be bearish if Bitcoin does not lose value in October.

But now it seems that the month of October turns out to be bullish, at least at this point as we almost got to a new all time high. Which proves that the bulls are still in control of the market and that the bear as much as they want to wrestle and take control is not going to do that. It also got to $123,99x, so just imagine if that price continue to climb up and so with that a new all time high could have been established again. So all indications are green, sentiments are positive and again, just when we thought that bear market is here, market become so positive. As a I have before here, it's going to be 50/50 and it's good that the bulls are the one who did take control. With that, I wouldn't be surprised that we might see a huge movement in the next 24-48 hours and see a new all time high.

[Orpichukwu]

The month of October is not guaranteed to be bear. There are 3 months until the end of the year. If the market is bare it can happen in any month there is no connection to the month of October. If the price is rebounding in October it could not be bear.

And here comes the surprising move. While many were sceptical about how the October market was going to be, the month of October started very fine. Now Bitcoin was not only just able to pull out from the stage where the bear was being suspect, but it has also moved up to $120,000+ in just 3 days in the month of October. A new ATH might be created soon, and the bear might come next year and not this year again.

[STT]

At present its the highest price of the year but it has to close the week here to maintain that title or it is reduced back to just the 3rd occurance in this area that didn't hold (still very good).
  If we don't hold the price and then improve on it I do expect reversal and more of the same range bound movement for BTC which isn't a bear market its just not a perfect rise.

[arabspaceship123]

And here comes the surprising move. While many were sceptical about how the October market was going to be, the month of October started very fine. Now Bitcoin was not only just able to pull out from the stage where the bear was being suspect, but it has also moved up to $120,000+ in just 3 days in the month of October. A new ATH might be created soon, and the bear might come next year and not this year again.

Bear does not start because the winter season started. Previous October months are not indicating bear or bull happens each time. Prices change because the markets change each day. Bitcoin moved up to $120k but October did not make the price change. Months of the year do not control market trades and crypto prices.

[cakir1]

People who want to buy Bitcoins will not be deterred by bear markets or when other people sell. Whales and normal buyers will buy Bitcoin if they have funds to spend. If people do not have money to buy whole Bitcoin they can buy little amount in DCA to stack sats.

A bear market is a testing ground for investors. Sometimes investors can pass in this market and sometimes they fail. The more your patience, the more successful you will be. For those who are afraid of price declines, the DCA strategy can be a good way to accumulation Bitcoin. Those who have a mindset to be successful never set a time to buy Bitcoin. And you should buy on every price trend. Never put pressure on your financial system to buy Bitcoin. Always use discretionary funds for accumulation.

Yes, bear markets will eliminate panic sellers and only strong believers will ride the journey once the markets recover. Even now I read a lot of people panic selling just to buy at another big dip but we are not really sure if this will happen. This might be the dip and bitcoins might start rallying again in October. Some big institutions like Micro-Strategy have just added more bitcoins to their reserves which means institutions are still bullish but individual investors seems to be losing faith.

DCA has proved to be an effective method to buy at every dip and to average the entry price but we need to be disciplined in order to follow DCA.

[arabspaceship123]

Yes, bear markets will eliminate panic sellers and only strong believers will ride the journey once the markets recover. Even now I read a lot of people panic selling just to buy at another big dip but we are not really sure if this will happen. This might be the dip and bitcoins might start rallying again in October. Some big institutions like Micro-Strategy have just added more bitcoins to their reserves which means institutions are still bullish but individual investors seems to be losing faith.

DCA has proved to be an effective method to buy at every dip and to average the entry price but we need to be disciplined in order to follow DCA.

Bear markets change how traders act. It will eliminate panic sellers but the markets will be slow. Institutions have backers and funds to buy Bitcoins. It is easy for them to become whales. People who don't have savings must DCA to stack sats because they do not have other means.

[STT]

Ending the week like this is a higher low and so long as that continues to be true then its the start of a bullish recovery.   The other point is today the price recovered above the 200 day average, I did imagine we could reset to this level as that is a proper pullback not a half measure like every other attempt normally.
  Some people even say its inevitable that price action sooner or later has to touch base with 200 day average, its just an average year of normal ranged movement bullish or not.

   So imagine that low candle situation holds out, to break this negative trend also requires to alter the high prices descending, so a higher high is required on some time period to increase confidence.  I would guess 115k is needed before many more people would get back on the horse and presume its a fair recovery not just a blip before losing it again.
 We cant say for sure which but I think those are fair boundaries to watch as markers to progress.

[Just Say]

If there is bear season we say it is because of October? Each October does not bring bear markets but people say it is bear in October. Bitcoin does not go in bear each October. Bear market can be next month or next year in any month it is not connected to October.

Yes, the bear market is not connected to October, but after last week's sharp decline, many traders believe that the market has entered a bear market, so you notice that the coin is now leading a downtrend Overall, after deep revision, that is since the market crashed heavily on October 17th, we are seeing an upward trend in Bitcoin's structure during this ongoing uncomfortable moment, this truly carries a positive connotation. Also this week we have seen liquidity and a serious crash so it seems that this broad trend proves that it has now turned into a recession, however after in-depth observation and analysis today, it seems to me personally that the downward effect is about to disappear and the bullish outlook will recover.

[lizarder]

Joao Wedson, founder and CEO of crypto analytics platform Alphractal has made his assumptions clear as he shares his expectations of bitcoin. He noted how bitcoin has corrected 15% from its ATH already and if this continues we might see bitcoin start the bear market starting from next year. He also noted how this cycle can't be judged the same way as previous ones because of involvement of ETFs and other major investors. But we all know how in all previous years, the last quarter of the year is when bitcoin usually pumps. So the chance of bitcoin correcting and pumping next month is possible. Are you waiting for that pump? or have you already been affected by FUD?

Whatever the market outcome is regarding Bitcoin's trajectory is difficult to predict, although most people say the end of this year will be more bullish after the price surpasses the increase. Every Bitcoin investor has already created a scenario regarding their investment, and it is certain that the end of this year will bring a higher price surge, so that the utilization of their investment can work well according to their scenario. This is where experienced investors differ from those involved in FUD, as they usually have a chosen path regarding their investment strategy.

If you can't analyze Bitcoin using more fundamental or technical concepts, it can be difficult to determine its direction. Even those with both skills can get caught out by Bitcoin's constant fluctuations. However, the key is that when you're involved in long-term investing, this isn't so daunting because your investment targets are based solely on a four-year cycle to maximize returns.

[goldkingcoiner]

If there is bear season we say it is because of October? Each October does not bring bear markets but people say it is bear in October. Bitcoin does not go in bear each October. Bear market can be next month or next year in any month it is not connected to October.

Doesn't look that way to me. We may have a uneventful November but I would not go as far as to call it a bear season. We might go down to 100K.

Yearly is looking beautiful. Why are we worrying about monthly?

Don't give in to the panic. Panic absolutely destroys any trading strategy.

[liasbaa]

If there is bear season we say it is because of October? Each October does not bring bear markets but people say it is bear in October. Bitcoin does not go in bear each October. Bear market can be next month or next year in any month it is not connected to October.

In the past years the price of Bitcoin was on the rise in October but its price fell slightly in November. It rose again in December. The price of Bitcoin mostly depends on demand. I think whale investors are buying Bitcoin at the current price. Due to this the market is rising and this rise will continue till the end of the month.

[Orpichukwu]

And here comes the surprising move. While many were sceptical about how the October market was going to be, the month of October started very fine. Now Bitcoin was not only just able to pull out from the stage where the bear was being suspect, but it has also moved up to $120,000+ in just 3 days in the month of October. A new ATH might be created soon, and the bear might come next year and not this year again.

Bear does not start because the winter season started. Previous October months are not indicating bear or bull happens each time. Prices change because the markets change each day. Bitcoin moved up to $120k but October did not make the price change. Months of the year do not control market trades and crypto prices.

The month of October did not make the move happen, and neither do winter nor summer have anything to do with the movement, but there has been a history of October being a green month for Bitcoin, and that mindset and expectation are already out there, waiting for what will trigger the expected price to happen. Either we see a month with a price pump or a month with an unexpected price movement.

[Republikcoin.com]

~~~

In the past years the price of Bitcoin was on the rise in October but its price fell slightly in November. It rose again in December. The price of Bitcoin mostly depends on demand. I think whale investors are buying Bitcoin at the current price. Due to this the market is rising and this rise will continue till the end of the month.

The last three months of the quarter are typically the time when Bitcoin's price rises sharply after several months of halvings within the same year. This means that the three-month increase you mentioned occurs when Bitcoin enters its four-year halving cycle. If we look at 2022 and 2023, the last three months of those years also saw a significant decline because after the four-year halving cycle, there's always a correction, and that correction also occurs at the end of the year.