Bear market in october?

[BTCETFInvestor]

Bitcoin Ready for "Uptober" Rally After $1.7B Liquidtions Reset Market


October has been crypto’s best-performing month since 2013, with returns averaging above 20%.

Bitcoin has been trading up 0.6% at $113,230 in the past 24 hours, and BTC dominance has been up at 57.7%.

Macroeconomic announcements from the U.S. could steer market sentiment this week.

After a brutal $1.7 billion wipeout in leveraged positions on Monday, crypto markets are finding their footing.

Investors are rotating back into Bitcoin (BTC), setting the stage just as October—historically one of crypto’s strongest months, dubbed “Uptober”—looms on the horizon.

According to an analysis from QCP Group, yesterday’s $1.7 billion in liquidations and the resulting volatility have already begun to smooth out.

► https://finance.yahoo.com/news/bitcoin-ready-uptober-rally-1-104715056.html

[Victorybit1]

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.

The bear market can be a blessing and also a time of trial for supposed investors that have their money saved as bitcoin and the reason being is that the taught of the portfolio will dip when the markets also sliced. One thing that's is also crazy is that so many other persons also want the price of the market drop so drastically If possible then even as low as 50-60k per btc so that they can start their own journey since the price is tagged as expensive especially for those person waiting to buy for the dip since the market will be dropped

[STT]

Presently  its a pullback not especially a selloff or regular general trend.  It wasnt that long ago people couldn't decide between it rising higher, being flat etc.
  BTC has only just really shown its hand, you have to let it play out but to say October is going to reach a full confirmed Bear market in certainty is an overreach.

   This is an actual negative move though shallow so far, it might develop but mostly I'm seeing main markets move and thats it generalised and for now presumably short term imo.

[laijsica]

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.

The bear market can be a blessing and also a time of trial for supposed investors that have their money saved as bitcoin and the reason being is that the taught of the portfolio will dip when the markets also sliced. One thing that's is also crazy is that so many other persons also want the price of the market drop so drastically If possible then even as low as 50-60k per btc so that they can start their own journey since the price is tagged as expensive especially for those person waiting to buy for the dip since the market will be dropped

Monitor your mental state during sharp market declines and try to be more aggressive. If you understand that fear does not work in you when the price of Bitcoin falls, then assume that you will be a successful investor in the future. This is a kind of test that even during the price decline you will continue to accumulate Bitcoin and will be able to handle each cycle carefully. The use of discretionary funds when accumulating Bitcoin is more essential because the size of Bitcoin continues to increase at each price level. Do not be disappointed by the price decline at the end of the month, you will soon see another bullish period. Especially for those who have been waiting for the market to fall for a long time, now is a perfect time to add units along with regular accumulation.

[Halime Anatolia]

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?

f October 1st begins to show signs of a downtrend, I think we need a DCA-style accumulation model and slowly buy at each support. A swing model, I don't think so. Whatever the situation, I remain optimistic that BTC will be able to withstand any pressure, and today's pattern is still the same as yesterday's resistance test.

For FUD just a normal just we need to  always up to date news.

[allthebitandbobs]

We all know that Bitcoin price starts to fall towards the end of the year but if a bear market starts then investors and big institutions will observe many things and hold on to it. However I think Bitcoin price will not fall this October, currently Bitcoin price is falling but in October it may not fall but it may increase. From my personal analysis I can say that there are some signals before the bear market starts and from what we can understand that the bear market is coming soon but I have not found any such signal yet from which I will be sure that the bear market will start in October. I think October reversal may happen and the price may increase although I cannot fully predict it yet I am optimistic.

To be honest, October has been a crucial month for bitcoins over years and by the end of September we already have seen a dip so it might continue in October. But prices will surely recover by the end of this year which might have anytime in late November or December.

As of now, bitcoins seems bearish and might show us a dip again which only will be another opportunity to buy. Whales are already eyeing for such dips and are continuing to buy irrespective of the market situations. This show they believe in long term goal and are not just looking for short term profits. If whales are optimistic than yes we surely can be the same.

[Yaunfitda]

We all know that Bitcoin price starts to fall towards the end of the year but if a bear market starts then investors and big institutions will observe many things and hold on to it. However I think Bitcoin price will not fall this October, currently Bitcoin price is falling but in October it may not fall but it may increase. From my personal analysis I can say that there are some signals before the bear market starts and from what we can understand that the bear market is coming soon but I have not found any such signal yet from which I will be sure that the bear market will start in October. I think October reversal may happen and the price may increase although I cannot fully predict it yet I am optimistic.

To be honest, October has been a crucial month for bitcoins over years and by the end of September we already have seen a dip so it might continue in October. But prices will surely recover by the end of this year which might have anytime in late November or December.

As of now, bitcoins seems bearish and might show us a dip again which only will be another opportunity to buy. Whales are already eyeing for such dips and are continuing to buy irrespective of the market situations. This show they believe in long term goal and are not just looking for short term profits. If whales are optimistic than yes we surely can be the same.

Market is still 50/50 at this point, we still have a strong support at $100k, but if that is broken then we might be really in the bear market. So I will say that we should just stay positive that in the last 3 months, everything is still in the bull market. Sentiments are still positive that the price could still go up and reaches at least $130k as the final all time high. And the only thing that we can do is to continue to stack up sats no matter what. If October is going to be a bear market so be it. But if we have still have our Bitcoin and we didn't sell then we might as well not to and just continue to HODL till the next cycle.

[Akbarkoe]

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?

f October 1st begins to show signs of a downtrend, I think we need a DCA-style accumulation model and slowly buy at each support. A swing model, I don't think so. Whatever the situation, I remain optimistic that BTC will be able to withstand any pressure, and today's pattern is still the same as yesterday's resistance test.

For FUD just a normal just we need to  always up to date news.

I like your optimistic thinking and that is better than assuming that Bitcoin will experience the bearish season after this, October will be an interesting month for accumulation, as far as experience in the market, the Bitcoin cycle is not over and we will meet the last bullish trend before it really ends.

But in my opinion it is much better than now, because we don't know that October will be like what, and usually October becomes a good bullish month until the end of December, we always experience it throughout the Bitcoin cycle running, do not miss the opportunities given by the market to you, keep accumulating responsibly, use the investment ratio according to your strategy and ability.

[Leahized]

If there is a decline in October, I am also confident that the decline is not a transition to a bear market. What might happen is not much different from the corrections we usually see. There is even a possibility that the market does not fall in October but experiences a slight increase. But we will wait to see if Bitcoin can reach a price spike once again this month or if there is indeed a trend change.

The month of October is coming and only four days left. However, the price of Bitcoin is going to fall day by day. But we can see that Bitcoin is currently a good strong resistance. Moreover, we always say Uptober month in October. Because we have seen in the past and if you see the Chart of 12 months of past years. Then you will see that BTC pump the most in October compared to other months. However, we always hope that Bitcoin should return to the previous state and move towards upward.

[Agbamoni]

The bear market can be a blessing and also a time of trial for supposed investors that have their money saved as bitcoin and the reason being is that the taught of the portfolio will dip when the markets also sliced. One thing that's is also crazy is that so many other persons also want the price of the market drop so drastically If possible then even as low as 50-60k per btc so that they can start their own journey since the price is tagged as expensive especially for those person waiting to buy for the dip since the market will be dropped

It becomes a trial as a long term investor when you've been having a double mind, whether to withraw your investment or leave it. For investors that has experience several Bitcoin season, including the bear season, they know it is wrong to sell off their investment. You already know the panic comes when its simply your first as a Bitcoin investor.

The bear market is always an opportunity for everyone being ignorant of buying Bitcoin because of how high the price has began. Although I do tell some ignorant folks, that even if the price dips drastically, they wont still buy. Procrastination is a norms for them, because they do not believe.

[Orpichukwu]

The month of October is coming and only four days left. However, the price of Bitcoin is going to fall day by day. But we can see that Bitcoin is currently a good strong resistance. Moreover, we always say Uptober month in October. Because we have seen in the past and if you see the Chart of 12 months of past years. Then you will see that BTC pump the most in October compared to other months. However, we always hope that Bitcoin should return to the previous state and move towards upward.

Returning to a previous state which is between $115k and $120k is no longer possible for the remaining days of the month of September, and with the way the market is moving, we should not expect much in the month of October. If we are able to go back to above $120k, we should accept that in good faith and not hope for a heavy pump this year so as not to be hit hard in case the market disappoints us.

[fuguebtc]

The month of October is coming and only four days left. However, the price of Bitcoin is going to fall day by day. But we can see that Bitcoin is currently a good strong resistance. Moreover, we always say Uptober month in October. Because we have seen in the past and if you see the Chart of 12 months of past years. Then you will see that BTC pump the most in October compared to other months. However, we always hope that Bitcoin should return to the previous state and move towards upward.

Returning to a previous state which is between $115k and $120k is no longer possible for the remaining days of the month of September, and with the way the market is moving, we should not expect much in the month of October. If we are able to go back to above $120k, we should accept that in good faith and not hope for a heavy pump this year so as not to be hit hard in case the market disappoints us.

I agree with you that we should be careful and humble, not to set goals that are too high and unrealistic. But I think it would be pessimistic to assume that just because bitcoin isn't doing well and if it can't get back to $120k this September. That means October will also be a dull month and not much should be expected.
As we all know, bitcoin is very volatile and things can reverse in a split second. Not to mention, it's no coincidence that October is called UPTOBER and we're still in the bull season. Or considering the macro factors, things also looks good. So there is no reason to be pessimistic or lose faith at this time.

We still have 3 months left until the end of the year and that's enough for bitcoin to surprise us. So my goal remains unchanged.

[VRExpress]

The month of October is coming and only four days left. However, the price of Bitcoin is going to fall day by day. But we can see that Bitcoin is currently a good strong resistance. Moreover, we always say Uptober month in October. Because we have seen in the past and if you see the Chart of 12 months of past years. Then you will see that BTC pump the most in October compared to other months. However, we always hope that Bitcoin should return to the previous state and move towards upward.

Returning to a previous state which is between $115k and $120k is no longer possible for the remaining days of the month of September, and with the way the market is moving, we should not expect much in the month of October. If we are able to go back to above $120k, we should accept that in good faith and not hope for a heavy pump this year so as not to be hit hard in case the market disappoints us.

Finally someone talk like they know what is going on, Bitcoin will top at 120k and that's it, now it is no more Bitcoin season but that of altcoins in general, while Bitcoin is slowly going down the alts will start showing some heavy strength.

If anyone is still in the market hoping that Bitcoin will reach 150k well it looks like they have been played once again just like what happened in 2021 when Bitcoin touched 69k and everyone was expecting 100k, today most people are expecting 200k while many big investors are speculating about a million dollars.

[Republikcoin.com]

The month of October is coming and only four days left. However, the price of Bitcoin is going to fall day by day. But we can see that Bitcoin is currently a good strong resistance. Moreover, we always say Uptober month in October. Because we have seen in the past and if you see the Chart of 12 months of past years. Then you will see that BTC pump the most in October compared to other months. However, we always hope that Bitcoin should return to the previous state and move towards upward.

Now, the Bitcoin price is starting to stagnate slightly at $109,000. If we look at price increases during bullish periods, the larger increases are indeed in the final quarter of a given year. Similarly, when there are price drops, this also happened in 2022, where the Bitcoin price corrected sharply after reaching its highest price a year before entering 2022. And in the coming month, I also hope Bitcoin will recover, although not immediately to a new high. Those who bought Bitcoin at the current price will immediately experience greater profits next month.

[arabspaceship123]

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.

[khiholangkang]

I wouldn't call it bearish because we're only talking about a decline of around 15% from the new ATH created by Bitcoin last month. That doesn't mean a bear market is coming; people are overreacting to the decline.

I consider this decline to be very reasonable because we have established a new ATH, and of course there will be corrections and price consolidations to create a strong base demand that has the potential to form another ATH in the remaining months of this year.

[uchegod-21]

I wouldn't call it bearish because we're only talking about a decline of around 15% from the new ATH created by Bitcoin last month. That doesn't mean a bear market is coming; people are overreacting to the decline.

I consider this decline to be very reasonable because we have established a new ATH, and of course there will be corrections and price consolidations to create a strong base demand that has the potential to form another ATH in the remaining months of this year.

You are right. A 15% correction is normal and very healthy. You do expect to see the price go high and higher without getting some pullbacks. This is just a correction we should be getting used to by now. The bear season is no where close. I am optimistic about the price of bitcoin for the remaining months of this year.

[Franklyn-wood]

Whether price turn red or green that should not stop us from holding.
So many opportunities in the market right now, this is time to hold and not to complain.
October is going to be a great month for the crypto people. I don't mean alts, Bitcoin is what I meant!

[DaNNy001]

I wouldn't call it bearish because we're only talking about a decline of around 15% from the new ATH created by Bitcoin last month. That doesn't mean a bear market is coming; people are overreacting to the decline.

I consider this decline to be very reasonable because we have established a new ATH, and of course there will be corrections and price consolidations to create a strong base demand that has the potential to form another ATH in the remaining months of this year.

You are right. A 15% correction is normal and very healthy. You do expect to see the price go high and higher without getting some pullbacks. This is just a correction we should be getting used to by now. The bear season is no where close. I am optimistic about the price of bitcoin for the remaining months of this year.

This kind of correction is always needed and is there because no matter how we all want the market to pump up we can denie the fact that correction ought to happen and it shows that volatility is  still a thing that control the market. Many people and also probably amateur investors are scared if the price can still climb up back to that amount but they are failing to understand that when Bitcoin wants to push it can speed up with just only the month of November and December to reach height that no one expects.

[aoluain]

Seasonality / “Uptober” effect
Historically, October often performs well for Bitcoin. Some analysts call it “Uptober” because BTC has closed October in the green in many past cycles.
Even during weaker years, October has sometimes still produced gains.

Uptober is definitely a thing and as I write this the market has shot up to $114k
which rounds out September as a Green month which bucks the September trend
of mose years.

Just a few days ago there was a negative air to this thread based on the markets
slow fall to ~$108k the rate of change in 2 days has been very positive and
has caught a lot of people by surprise I think.

So I'm looking at October to be Bullish purely on its historical trend and the
markets momentum upwards in just a couple of days!