The high of Bitcoin returned for real or is only temporary?

[Solokan]

We are seeing the beginning of a new bull market or only a temporary movement?

Do not be deceived because we are not experiencing a market bull run season for bitcoin anytime soon, before you can be talking about something related to this, then consider the next halving first, this will give you the direction the market is expected to perform and the timing for it season, we are only having a market pump which may also dump at any time due to the current bearish season we still maintain to this time until we are completely out of there market bear for the bull season.

The next BTC halving, if I'm not mistaken, is estimated to occur in April 2028, and it's certainly a long way off. However, it's certainly possible that the BTC price will drop, for example, back below $80,000. The current increase could be temporary, but I think now is still the right time to accumulate BTC, as it could continue to rise. I believe there's a growing number of BTC enthusiasts, and most of those buying BTC aren't afraid of getting stuck. It seems many are starting to realize that long-term investment in BTC is a good choice.

We'll see what happens, but I hope BTC drops significantly so I can buy more BTC, as my current holdings are still small.  

[laijsica]

Bitcoin left the low phase and shot up. August had one of the best performances in years.

One of the many explanations is the weaker dollar. Historically, Bitcoin and gold usually benefit when the dollar loses strength.
Another point that calls attention is the public debt of the USA, that in August passed the US$40 trillion for the first time.

 Alot of people seem be seeking assets that serve of protection against the growth of the debt.

We are seeing the beginning of a new bull market or only a temporary movement?

We have passed a slot of liquidation in the initial stage. Now traders are looking for a time when the price will drop to re-enter. Long term investors are holding and regularly depositing Bitcoin. A long decline has been in the months since the ATH in October. The period of price increase in the past month has allowed traders to recover slightly but there is still a possibility of a higher level than the potential downside. Those who continue to buy Bitcoin can expect decent returns.

There is a risk of a temporary movement but in the long term the risk of liquidation is unlikely to hit the current market process. The depreciation of the dollar and high inflation are causing a greater tendency to accumulate Bitcoin than fiat savings, which will lead to further price increases.

[TheUltraElite]

Currently price is hovering around 84k USD, which is fine by me, because a number of people who bought at levels lower than this will have chance to sell at profit.

ETFs are here for some time now, the interest in those are usually from certain specific groups of people and not everyone, so dont bring that to the discussion because ETF is a contract like, not actual bitcoin being bought.

As far as bear market and analysts are involved, its a part of a cycle, a bear is followed by a bull and vice versa, one does not come along on its own and not follow with the other.

[SilverCryptoBullet]

Currently price is hovering around 84k USD, which is fine by me, because a number of people who bought at levels lower than this will have chance to sell at profit.

People who don't feel good actually don't know about this chart.
https://charts.bitbo.io/price-current-date/

On 26 September, prices of Bitcoin are like that since 2010, and it's noticeably that Bitcoin price in 2026 on this day is already recovered very well from bottom. $84k is not too far from ATH of a latest market cycle.

ETFs are here for some time now, the interest in those are usually from certain specific groups of people and not everyone, so dont bring that to the discussion because ETF is a contract like, not actual bitcoin being bought.

As far as bear market and analysts are involved, its a part of a cycle, a bear is followed by a bull and vice versa, one does not come along on its own and not follow with the other.

If we assume that we don't know anything about Bitcoin Spot ETFs and their actual operations and trading volumes since January 2024, simply looking at Bitcoin price and market volume, we will easily realize that Bitcoin market has moved very stronger than previous market cycles in the two latest bearish years.

[Pandu Geddon]

We are seeing the beginning of a new bull market or only a temporary movement?

In reality, what we can see is that the price of Bitcoin does move up after we have seen Bitcoin move sideways for quite a while. But this also has not yet shown a bull market movement; like the previous situation, a price surge can occur which is then followed by a correction. This situation has happened several times even though there is an upward price trend occurring. But perhaps we have not really entered a bull market.

[IjawMan]

Currently price is hovering around 84k USD, which is fine by me, because a number of people who bought at levels lower than this will have chance to sell at profit.

ETFs are here for some time now, the interest in those are usually from certain specific groups of people and not everyone, so dont bring that to the discussion because ETF is a contract like, not actual bitcoin being bought.

As far as bear market and analysts are involved, its a part of a cycle, a bear is followed by a bull and vice versa, one does not come along on its own and not follow with the other.

I will not be selling at that price and not for any at this time cause the big profit is still in passage and it just getting started with bitcoin price breaking above $87k at this time of the cycle.

Comparing bitcoin price actions in previous cycles before the ETFs it is no doubt that the ETFs has really influenced the demands for bitcoin more than in any cycle and this is also reflective in the unprecedented price rises we are witnessing even when it seems we are still not done with the bear season.

[snowpega]

Bitcoin left the low phase and shot up. August had one of the best performances in years.

One of the many explanations is the weaker dollar. Historically, Bitcoin and gold usually benefit when the dollar loses strength.
Another point that calls attention is the public debt of the USA, that in August passed the US$40 trillion for the first time.

 Alot of people seem be seeking assets that serve of protection against the growth of the debt.

We are seeing the beginning of a new bull market or only a temporary movement?

There is no doubt Bitcoin is showing a good recovery at this moment. But if I have to say something about this, we are really in a very weak zone where anything can happen suddenly. Because there are too many wars happening at the same time in the world, which is not good or welcoming for the whole world's countries' economies and also for the stock and crypto market. Wars between Russia and Ukraine, Saudi Arabia and Yemen, and the US and Iran. Tension seems to raise more at any moment.

And we really know that fact that Strait of Hormuz has been blocked for a long time, and now Yemen has also closed its strait to Saudi Arabia. And the problem is that Saudia is a big supplier of oil compared to any other country in the Middle East. This can cause inflation rates to increase further in the coming time. If Saudi Arabia and Yemen don't settle their problem through positive negotiation. This is my point of view. DYOR!

[Russlenat]

We are seeing the beginning of a new bull market or only a temporary movement?

In reality, what we can see is that the price of Bitcoin does move up after we have seen Bitcoin move sideways for quite a while. But this also has not yet shown a bull market movement; like the previous situation, a price surge can occur which is then followed by a correction. This situation has happened several times even though there is an upward price trend occurring. But perhaps we have not really entered a bull market.

This is how volatility works. Today's price can be bullish, the next day it may turn bearish, and vice versa. Price correction and retracements are inevitable, and that certainly affect a current price moving on an upward trend. But one thing is sure, if today's price consistently increase and reaches another peak without hints of dropping low, then most likely this could be the start of a bullish market after a long streak of seeing the market bearish.

[hd49728]

This is how volatility works. Today's price can be bullish, the next day it may turn bearish, and vice versa. Price correction and retracements are inevitable, and that certainly affect a current price moving on an upward trend. But one thing is sure, if today's price consistently increase and reaches another peak without hints of dropping low, then most likely this could be the start of a bullish market after a long streak of seeing the market bearish.

I think bullish and bearish are more like a trend, not price in one day or two days. With my stance, I disagree to consider today is bullish and tomorrow is bearish, it's too short time and not enough to create any market trend.

Either market is bullish or bearish in months, with Bitcoin history, if you can buy, accumulate and hold bitcoin several years, you do the right things and Bitcoin will make you richer.

Ignore bullish or bearish, news about that, focus on your investment: accumulation and holding, then taking profit gradually if you want.

The chart shows yearly trend that is bullish.
https://newhedge.io/bitcoin/yearly-candles

[Pandorak]

We are seeing the beginning of a new bull market or only a temporary movement?

I’m still not convinced, because there are various factors that could affect the price and lead to another decline, but i’m hoping for a lot of good news in the coming weeks.

Many are predicting/analyzing that Bitcoin will reach $100k before the end of the year. But i don’t see any certainty yet, to be honest $45k is still an interesting level in this bear market cycle, and that price hasn’t been touched at all yet.

[ndutndut]

We are seeing the beginning of a new bull market or only a temporary movement?

I’m still not convinced, because there are various factors that could affect the price and lead to another decline, but i’m hoping for a lot of good news in the coming weeks.

Many are predicting/analyzing that Bitcoin will reach $100k before the end of the year. But i don’t see any certainty yet, to be honest $45k is still an interesting level in this bear market cycle, and that price hasn’t been touched at all yet.

Right now Bitcoin is around $84k after recently touching almost $87k, and it's not impossible that Bitcoin could reach the $100k level by the end of the year if there's positive news like you said. But clearly speculation out there is all over the place some might be right some might be wrong. What’s certain is that buying with a DCA method is a good choice.

If you look at the upward movement from the low around $58k to the current price it still hasn’t clearly confirmed the start of a new bullish market. Even though many analyses call this a recovery phase within a bearish cycle, where there are still many news or decisions that can influence things, like the Fed, ETF, and other sentiment factors that could still trigger a correction. But Bitcoin dropping to $45k in a bear scenario to me right now seems unrealistic unless there’s huge pressure that could shake the market.

[Female King]

We are seeing the beginning of a new bull market or only a temporary movement?

Based on my analysis, I think the price of Bitcoin might still drop to around $60k+ which I think is going to be the final low before the bull market will fully start, it also depends on some factors which might with not let price to drop that low again or even go blow that level as some people are still speculating that price might drop to $40k which I don't know what's giving them the hope that price will really go that low again. However, no body can actually be 100% sure, price could still do what it likes to do.

I don't think bitcoin price will go below $40k that's too low although we can't tell for sure but $40k is almost impossible, dropping to $60k-50k is possible and going above $100k is also possible before the end of this year. I know that there have been several speculation about the price of bitcoin but nobody saw the august increase in price of bitcoin coming, the increase came as a surprise to people. This is to say that we shouldn't be worried about the price of bitcoin for those investing in bitcoin for a longer time just continue to accumulate bitcoin and watch the price increase in the future.

[wapwapwendy]

Bitcoin left the low phase and shot up. August had one of the best performances in years.

One of the many explanations is the weaker dollar. Historically, Bitcoin and gold usually benefit when the dollar loses strength.
Another point that calls attention is the public debt of the USA, that in August passed the US$40 trillion for the first time.

 Alot of people seem be seeking assets that serve of protection against the growth of the debt.

We are seeing the beginning of a new bull market or only a temporary movement?

It’s hard to call it a new bull market from price action alone. The dollar, liquidity, and macro conditions can all influence Bitcoin, but we probably need more time and sustained demand before knowing whether this move has legs.

[Nanga Parbat]

The next BTC halving, if I'm not mistaken, is estimated to occur in April 2028, and it's certainly a long way off. However, it's certainly possible that the BTC price will drop, for example, back below $80,000. The current increase could be temporary, but I think now is still the right time to accumulate BTC, as it could continue to rise. I believe there's a growing number of BTC enthusiasts, and most of those buying BTC aren't afraid of getting stuck. It seems many are starting to realize that long-term investment in BTC is a good choice.

We'll see what happens, but I hope BTC drops significantly so I can buy more BTC, as my current holdings are still small.  

In Bitcoin, bears and bulls live together and always have a good cycle to stay in balance. Recently things are getting positive, and the price is dominating with an increase in the last two days, it's having good movement from about $83K to $84K. Market sentiments are giving good encouragement to investors for having a good chance of buying and taking early positions before its jump into good side predictions, and analysts are clearly saying there's a good chance of touching a new ATH in the near future.

Now in near future I am sure its not going to be have significant drop before touching good price buying options are always wide open for every investor before its going to be have new ATH because its potential is impressive and its can give enough profit for those are always have good decision on right time for buying.

[Mate2237]

One thing you need to know is that just because Bitcoin has increased to this point doesn't mean that it cannot fall back, when the movement of the market seems like it's going to be affected by certain factors like the economy and all that people start selling their coins and this can lead to a dip at anytime. Currently the market shows that Bitcoin is increasing but doesn't mean that there cannot be a pushback.


Right now we cannot actually tell if this change is only going to last for a few weeks, all we can do is to keep hodling for now. The price of Bitcoin is currently at $83k, from where it was few days ago it clearly indicates that there is a reduction in price, although it is not certain that the price would keep on reducing but it is a minor pushback that can most likely be temporary.

[Doll2233]

I think bullish and bearish are more like a trend, not price in one day or two days. With my stance, I disagree to consider today is bullish and tomorrow is bearish, it's too short time and not enough to create any market trend.

Either market is bullish or bearish in months, with Bitcoin history, if you can buy, accumulate and hold bitcoin several years, you do the right things and Bitcoin will make you richer.

Ignore bullish or bearish, news about that, focus on your investment: accumulation and holding, then taking profit gradually if you want.

The chart shows yearly trend that is bullish.
https://newhedge.io/bitcoin/yearly-candles

Accumulating Bitcoin beyond having a bullish and bearish mindset is one of the best strategies for anyone who has the sources to keep it for years because there could be enough chances for having good profit and enjoying Bitcoin features. As an investor and trader, it's never been a problem for people who are well aware of risk management and its consequences.

Ignoring all speculation about bullish and bearish trends works well because people who never think about its movement and have never had problems with volatility are always able to live better. The market is never stable; it always has enough changes that it creates panic for those who never understand and have a good mind to enjoy their investment for the long run. Good, healthy profit is always possible in long-term investment.

[Jubilee58]

While there is already certainty for Bitcoin long term growth, it is absolutely difficult to predict the exact price of Bitcoin within a short period of time. There are predictors of the Bitcoin price , but is always a challenge for every Bitcoin predictor to ascertain it's price of Bitcoin in a short term. However, it has been the method of Bitcoin to fluctuate in price even in a bear market. Investors are still envisaging another bull season which I think is still beyond this time around. Even when when there is bear market , the price of Bitcoin does not come down drastically, especially now that Bitcoin is becoming more stable in volatility compared to the initial period of it's existence. It is possible that the price of Bitcoin will still drop further, but you don't expect it to happen so rapidly, it will take a gradual process, and while it will still be moving both upward and downward, there will be a more downward movement . Furthermore, should anyone be interested in investing in Bitcoin, I think you should start even now without the feeling that the price is up recovering, but periodic investing will give you an advantage in a long term irrespective of the pattern of movement within the short period.

[Franklyn-wood]

One thing you need to know is that just because Bitcoin has increased to this point doesn't mean that it cannot fall back, when the movement of the market seems like it's going to be affected by certain factors like the economy and all that people start selling their coins and this can lead to a dip at anytime. Currently the market shows that Bitcoin is increasing but doesn't mean that there cannot be a pushback.


Right now we cannot actually tell if this change is only going to last for a few weeks, all we can do is to keep hodling for now. The price of Bitcoin is currently at $83k, from where it was few days ago it clearly indicates that there is a reduction in price, although it is not certain that the price would keep on reducing but it is a minor pushback that can most likely be temporary.

The price of Bitcoin hasn't been stable at all since it emerged it new high, it's been rising and dropping dew to the market speculations and economy.
We are not sure of how steady it's going to be and how long Bitcoin will remain on top or increase with the current 83k price, which makes uncertain for any short time trader to relax with assurance that it will continue like this for long. As we have been seeing the rise and drop in price recently. It's not easy to predict the consistency of Bitcoin for now.

[Hazink]

The question of the debt and of the weaker dollar weighs in the long term, but in the short term alot of people really can be buying already eyeing the Uptober. Even knowing that happened in the past, is not guaranteed that the month of August will be of high again. I believe that the tradition will continue and Bitcoin will continue rising.

That tradition of bitcoin having opportunities to rise is an undeniable fact, and the belief in bitcoin's price history has made a lot of investors turn and treat a period like that as gold. They can wait without buying but will never miss the opportunity of acquiring some bitcoin immediately. We are near to a certain month which is considered to be one of the bullish one for bitcoin, buying pre-aure can also trigger price increase.

[ZAINmalik75]

The price of Bitcoin hasn't been stable at all since it emerged it new high, it's been rising and dropping dew to the market speculations and economy.
We are not sure of how steady it's going to be and how long Bitcoin will remain on top or increase with the current 83k price, which makes uncertain for any short time trader to relax with assurance that it will continue like this for long. As we have been seeing the rise and drop in price recently. It's not easy to predict the consistency of Bitcoin for now.

Bitcoin cannot be consistent, it's a volatile asset and volatility can't be one-directional, it is always going to have movements on both sides, which isn't a negative thing if people understand, because without this, there would be no concept of profits which is what most people are chasing these days. There will always be speculations about its current and upcoming movements, because there is always uncertainty in that, but that's what makes things fun, it doesn't let the market become boring at all.

Now when it comes to traders and investors, it depends on who can actually understand the market very well. Those who are confident that they can at least predict the direction of the market correctly most of the time, through knowledge and experience, they should try trading with necessary risk-management, and those who don't qualify for this should simply stick to long-term investments, because we all know that the market has to go higher in the long run.