Bear market in october?

[justdimin]

We don't know if October will be a bear market. Uhh, a famous figure who talks about bitcoin will correct in October. He's like a psychic just by looking at the data at a glance, but actually we're not sure October will be bearish.

We're quite sure it will be bullish in the future even though the price is currently declining... or sideways for a long time, although we have to say that bearish later on is okay, maybe it's time.

Now let's just think positively that bitcoin will be bullish.

Yeah, we do know October and what it will bring. It's going to be a risky and tricky thing and we are going to get great return. We should be considering how this will change, so we are not going to see this be that complicated. We just need to see how things could change, so it is not going to be that easy to handle.

What we are seeing here is the fact that it is going to be not that great, so we can't really just change it the way we want to. If we do that, then we are going to see this be a lot more important. Focus on how to get better results and we wouldn't worry about it. Realize that and you are going to be happy because bitcoin is always volatile and either up or down, both are quite possible at any given moment.

[kawetsriyanto]

Only people that can make bear market not to occur are those companies like Strategy and Metaplanet and other investors that are not ready to sell.

How do they prevent it? By keep holding their Bitcoins? I'm not sure it is strong enough to prevent the bearish season. IMO, if most investors exit from the market, there will be significant change in the money circulating in the market. The demand will be declining gradually and there is no big interest anymore in purchasing Bitcoin. In this condition, there is no way to prevent the bearish season.

People should not mention ETFs at all.

Agree. ETF hype is over already. It can't bring big influence anymore.

I do not know when the bear market will begin but I know it will definitely happen.

Indeed. No one really knows it, but it must happen. Even we determine it by analyzing the history of previous bullrun-bearish season, the history is possible to not repeat anymore. There will be always the possibility of a change in the cycle. So, it is better to anticipate with some alternative plans.

[Odusko]

Why do you guys keep making it looks as if October is going to be some red market chart for Bitcoin and other cryptocurrency assets, the fomo is gettytoo much despite that Bitcoin is showing a strong positive indication of a possible increase in price as we saw Bitcoin achieving 112k+ price earlier today before struggling to mentain somewhat around 111k, so where is all this October bear market speculation coming from.

[STT]

I dont yet assume October is negative, I just thought September was fair for a pullback as it is every year as thats a common theme in markets every year.

  Today is a good day to look, we are back at 50 day average and its mid way in range for now imo.   On weekly bars I see alot of lineup in this price of 113k or 114k is closer so lineup to me means a confluence of price action and volume hence significance.    
  So lets see if this price is pivotal for numerous reasons.   My overall expectation is not a dramatic move but revision and consolidation, ultimately boring as that is (even looking negative at periods), but over time this gives BTC a positive build long term like setting concrete is messy but productive.

[Republikcoin.com]

Why do you guys keep making it looks as if October is going to be some red market chart for Bitcoin and other cryptocurrency assets, the fomo is gettytoo much despite that Bitcoin is showing a strong positive indication of a possible increase in price as we saw Bitcoin achieving 112k+ price earlier today before struggling to mentain somewhat around 111k, so where is all this October bear market speculation coming from.

Perhaps it's the influence of interest rates and the ongoing wars in several countries, but I'm not convinced there will be a bear market next month, as Bitcoin has risen again to $116,000 yesterday and today, although it's currently hovering around $115,000. I assume Bitcoin will continue to improve this month, and other coins will experience significant price increases. So, next month, there's a chance things like what we're seeing now will continue if investors and traders don't panic too much.

[Mahanton]

We don't know if October will be a bear market. Uhh, a famous figure who talks about bitcoin will correct in October. He's like a psychic just by looking at the data at a glance, but actually we're not sure October will be bearish.

We're quite sure it will be bullish in the future even though the price is currently declining... or sideways for a long time, although we have to say that bearish later on is okay, maybe it's time.

Now let's just think positively that bitcoin will be bullish.

Yeah, we do know October and what it will bring. It's going to be a risky and tricky thing and we are going to get great return. We should be considering how this will change, so we are not going to see this be that complicated. We just need to see how things could change, so it is not going to be that easy to handle.

What we are seeing here is the fact that it is going to be not that great, so we can't really just change it the way we want to. If we do that, then we are going to see this be a lot more important. Focus on how to get better results and we wouldn't worry about it. Realize that and you are going to be happy because bitcoin is always volatile and either up or down, both are quite possible at any given moment.

October talk always gets people excited some will say it’s bearish some will swear it’s bullish but at the end of the day it’s still the same unpredictable bitcoin market no one can really call it with 100 percent accuracy and those who act like they can are just guessing with confidence sometimes they get it right sometimes they don’t.The main thing is to stay prepared whether october brings a dip or a rally long term holders won’t be shaken because the bigger picture is still growth volatility is part of the game and both red and green candles are normal instead of stressing about whether it’s bear or bull in one month it’s better to keep a strategy that works for you dca holding or trading ranges as long as you’re consistent you won’t depend on psychic like predictions to guide your decisions.

People like to romanticize months like october or september with patterns from the past but markets don’t always repeat in the exact same way sometimes it rhymes sometimes it doesn’t so anchoring too much on one month can make traders panic or get overconfident in the end bitcoin moves according to bigger forces adoption news regulation liquidity global economy and trader psychology.If october turns bearish it can be a good chance to accumulate more at lower prices if it turns bullish then you ride the wave and enjoy the pump both outcomes are usable if you keep your mind flexible and don’t get trapped in only one narrative the problem comes when someone only prepares for green candles and ignores the possibility of red that’s when emotions take over and mistakes happen so thinking long term and keeping discipline is always better than chasing seasonal predictions.

[Odusko]

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?

Everyone keep talking about bear market coming in October, this is somewhat a speculation that i can say is unfounded if you ask me, because from all indications, the cryptocurrency market is gradually recovering and showing a massive recovering targeting possible uptrend demand, that could be against this prediction of October vear market you speculated.

[TravelMug]

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?

Everyone keep talking about bear market coming in October, this is somewhat a speculation that i can say is unfounded if you ask me, because from all indications, the cryptocurrency market is gradually recovering and showing a massive recovering targeting possible uptrend demand, that could be against this prediction of October vear market you speculated.

And when we are in the subject of bear market, suddenly the price goes to $116k and maybe this month alone we might see another $120k'ish. And so if that happens then it invalidated this prediction for good as obviously the next month of October could continue it's bull run.

The prediction this bull run hasn't been hit, like $150k or higher. And that could still be in the horizon for us before the dreaded bear market next year. So we might as well enjoy the current ride for now and not talk about the price declining as the start of the new cycle.

[Stalker22]

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?

Everyone keep talking about bear market coming in October, this is somewhat a speculation that i can say is unfounded if you ask me, because from all indications, the cryptocurrency market is gradually recovering and showing a massive recovering targeting possible uptrend demand, that could be against this prediction of October vear market you speculated.

To be honest, I think the price of bitcoin in October is going to be driven more by what is happening around the world than with any trends in the crypto world.  I think the wars, the uncertainty of the economy, and the chaos around the world, in general, thats whats driving the market.  We have all seen a so-called recovery wiped out with one piece of bad news.  I think it is unrealistic to think the crypto market is somehow removed from what is happening on the global front, and right now, globally, the front is a mess.

[Odusko]

To be honest, I think the price of bitcoin in October is going to be driven more by what is happening around the world than with any trends in the crypto world.  I think the wars, the uncertainty of the economy, and the chaos around the world, in general, thats whats driving the market.  We have all seen a so-called recovery wiped out with one piece of bad news.  I think it is unrealistic to think the crypto market is somehow removed from what is happening on the global front, and right now, globally, the front is a mess.

Yes global events are going to be the driving force of the market, where we begin to see to movement towards news and  market reacting to both political and war events, we may have a more stable market in October as indication have shown that there is no much tension around the world and for that reason we have to expect a More positive market for Bitcoin in October as against what most people are speculating for the market in this month of October, most peotarw speculating that Bitcoin may see a bear market in the month of October like never before.

[STT]

116k no doubt about it BTC has some strength to it, positive on the week and the monthly moving averages.   Positive on 50 day but that does have a negative slant which should give a heads up that all is not totally clear, expect work like a snowplow or something or just time to melt this area of resistance
   120k is the next place to judge strength because this has been the boundary for months.    Might as well call it a ceiling, its not something to easily be skipped or jumped over.  Thats target upside but really all moving averages with positive build will help.

If you want a super negative view for Oct or even rest of this year then classic pullback is right back to 200 day  MA.  Thats your hard check, if that were to be tested and we rose from there then Im definitely bullish but I already am overall into next year I dont see a rush.

[shinratensei_]

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?

Isn't correction of about 15% from ATH is normal? It doesn't mean market gonna shift to bearish and I think whole article is very superstitious. Here's the thing, before BTC reached current price its been having some correction along the way, according to this logic BTC should be in bearish already but see the price of bitcoin now.
Price can't stay in ATH forever. There's always surge of shorter since we got perpetual market as well. What is this logic.

[retreat]

-snip-
Are you waiting for that pump? or have you already been affected by FUD?

I don't see any potential for a bear market next month. Bitcoin has been trending quite positively recently, supported by institutional and investor optimism, and this trend will likely continue for some time to come. We might see a market downturn, but that's just a normal correction, and there's nothing to worry about.

[dezoel]

Why do you guys keep making it looks as if October is going to be some red market chart for Bitcoin and other cryptocurrency assets, the fomo is gettytoo much despite that Bitcoin is showing a strong positive indication of a possible increase in price as we saw Bitcoin achieving 112k+ price earlier today before struggling to mentain somewhat around 111k, so where is all this October bear market speculation coming from.

Perhaps it's the influence of interest rates and the ongoing wars in several countries, but I'm not convinced there will be a bear market next month, as Bitcoin has risen again to $116,000 yesterday and today, although it's currently hovering around $115,000. I assume Bitcoin will continue to improve this month, and other coins will experience significant price increases. So, next month, there's a chance things like what we're seeing now will continue if investors and traders don't panic too much.

I do not think that bear market will happen. With rate cuts, and wars becoming normal, I think crypto will go up. We are in the bull stage of it and should be seeing it raise and increase and be better. We shouldn't really be seeing anything bad, it should be doing great soon enough.

I think the only downside right now is the fact that we are not doing that great based on current price point, but that doesn't mean it will be a bear one soon enough. We shouldn't just focus on what we have , we should focus on what we could have and the bull run hasn't even happened yet, we are going to see twice as much as this and we should be getitng a great amount of profit soon enough in a few months time considering when all bull runs happens.

[irhact]

Why do you guys keep making it looks as if October is going to be some red market chart for Bitcoin and other cryptocurrency assets, the fomo is gettytoo much despite that Bitcoin is showing a strong positive indication of a possible increase in price as we saw Bitcoin achieving 112k+ price earlier today before struggling to mentain somewhat around 111k, so where is all this October bear market speculation coming from.

We have seen some price movements upwards for September although it hasn't been that strong and that's why people are still scared of what October is going to hold. I can't say for sure myself what the price is going to be in October but it won't be bearish as many individual are afraid that it's going to be. This month has already shown signs of a good recovery therefore it's just a matter of time before the market will return to pumping and making us profits. Lets us not be too scared because the market doesn't look as worst as it was last month and other previous months that we saw the market dumping regularly.

[LogitechMouse]

Why do you guys keep making it looks as if October is going to be some red market chart for Bitcoin and other cryptocurrency assets, the fomo is gettytoo much despite that Bitcoin is showing a strong positive indication of a possible increase in price as we saw Bitcoin achieving 112k+ price earlier today before struggling to mentain somewhat around 111k, so where is all this October bear market speculation coming from.

Hmmm, I don't know as well because historically speaking, Bitcoin on the month of October during the bull market year tends to be bullish. Maybe they're expecting a different outcome for the month of October?

For me though, I don't think that we will see a different October or some red candle at the end of the month. Like what I said, October tends to be a bullish month. Bitcoin right now is showing some upwards momentum already as we have seen in the past few days, but I'm expecting a bit of a correction before the 17th of September. Speaking of 17th of September, there's a 94% chance of the FED cutting down interest rates, but still, that 6% can change everything and we might see Bitcoin going down IF the FED don't cut interest rates. This will create a domino effect on the following weeks ant months and we might see a different Q4 if that happens.

[ChocolateBitcoinK]

-snip-
Are you waiting for that pump? or have you already been affected by FUD?

I don't see any potential for a bear market next month. Bitcoin has been trending quite positively recently, supported by institutional and investor optimism, and this trend will likely continue for some time to come. We might see a market downturn, but that's just a normal correction, and there's nothing to worry about.

I agree with you, there is no reason to worry about this correction in the current market, it is only temporary, after which the market can bring a larger positive change, so we have no reason to worry about these temporary volatility, rather they make Bitcoin stronger, because we usually see that after each correction, Bitcoin grows stronger, and this is why every volatility is basically an opportunity to buy at a lower price, the long-term prospects of Bitcoin are always very positive, so just keep yourself steadfast in long-term expectations and stop worrying about short-term volatility.

[michellee]

Yes, I'm still waiting for the pump. That will just be a matter of time before the pump comes. The question is how ready you are with the pump? That is the question you need to answer.

But you still have time to accumulate more this month so you will be ready when the pump comes. If you want to hodl for longer, you don't have to panic and stay calm, no matter if the pump is coming. That is because your target is still far from the pump that may come.

No need to be affected by FUD because that will happen following the market movement. Just stay calm and everything will be okay.

[Swordsoffreedom]

I don't see any potential for a bear market next month. Bitcoin has been trending quite positively recently, supported by institutional and investor optimism, and this trend will likely continue for some time to come. We might see a market downturn, but that's just a normal correction, and there's nothing to worry about.

I agree with you, there is no reason to worry about this correction in the current market, it is only temporary, after which the market can bring a larger positive change, so we have no reason to worry about these temporary volatility, rather they make Bitcoin stronger, because we usually see that after each correction, Bitcoin grows stronger, and this is why every volatility is basically an opportunity to buy at a lower price, the long-term prospects of Bitcoin are always very positive, so just keep yourself steadfast in long-term expectations and stop worrying about short-term volatility.

I agree with both of you that the bull season is not over yet, and bitcoin still has the potential to grow and hit even higher ATHs. But we should not be subjective because the market is unpredictable, anything can happen. Also, let's not forget that this bull market has been going on for quite a long time and a bear market was bound to come sooner or later. So we need to stay optimistic but not be subjective or conservative that bitcoin price will always increase, bear season will never come.

Don't be naive enough to think that just because institutions and companies are investing heavily in bitcoin, we will prevent a bear season. After all, they are here to make a profit and they are also willing to dump if the market situation becomes unstable.

[arabspaceship123]

If the market situation becomes unstable some company investors could stay optimistic or sell. In a bear period some company investors could dump their Bitcoin if they do not want to wait for another bull. October is a normal month it does not have significance for Bitcoin.