Not quite "Uptober" yet, huh? But I see some signs of a potential bull run. Bitcoin's at $64K, and September's been pretty decent. Looks like a lot of folks are getting ready for some serious trading action since the market's looking green.
Bitcoin at $64K: What's Next for October?
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I wouldn't call this a bull run just yet. Looks more like a price correction to me. Historically, Q4 is good for Bitcoin, so I bet we could hit $70K soon. But it really depends on how much traders and miners wanna accumulate. Best to DCA if you can.
Back in early September, everyone was super bearish with BTC around $52-55K. Now that it's gone over $60K, people are starting to change their tunes. Shows how unpredictable Bitcoin really is, right? We should plan for both outcomes.
Man, after all that stress in August and early September, I’m finally seeing some green! But I was way off with my prediction on September 19. I thought it’d hit $59.5K but hey, $63K is cool! Still not sure about October though. Resistance levels are tough.
notyourkeysNewbie
Posts: 252 · Reputation: 12
#5Sep 8, 2021, 01:48 PM
Yeah, I agree, this is still a bit shaky to call a bull market. Bitcoin hit $64,300 but then dropped back to around $63K. If we see positive movement, maybe we can hit $70K for real, but let’s not get ahead of ourselves.
This rally seems linked to unexpected rate cuts. Stocks and gold are booming, while silver is rising too, just not at record levels yet. Lower rates get people moving money into assets that generate returns, but we gotta watch out for inflation creeping back.
September 29 could be a big day for crypto. CZ’s release might be good for BNB, and if that goes well, BTC could get close to $70K. October could be a lucky month for traders.
October’s usually solid for Bitcoin, especially in halving years. We've had our chances to buy cheaper and now we just need to hold tight. I think we’ll see BTC pump into the $60K range and maybe hit $70K. November and December could bring all-time highs.
HyperViperMember
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#9Sep 9, 2021, 04:43 PM
Check my last thread where I said we’d keep going up from $54K. Boom, we’re $10K higher now! I think October will be awesome for Bitcoin. Weekly and monthly charts look bullish. Let’s break through that $73K resistance!
lynx_5hardMember
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#10Sep 9, 2021, 09:52 PM
This market's been all over the place with corrections. I can't say we’re in a bull run until we break that $65K level. If we kick off October on a positive note, we could keep the momentum!
Speculation here, but I feel like Bitcoin's setting up for a strong finish to the year. Like in past bull runs, it’s about timing. 2013 saw a wild December, and 2017 was crazy too. I think we’re due for something similar.
Honestly, I’m a bit let down by Bitcoin. We’re not officially in a bull market yet, but I’m still optimistic. If we can survive September positively, who knows what October will bring? Just wanna see BTC hit $70K.
Bitcoin hasn’t been performing well for a bit. I’ve been following some signals saying we might see a pump in October. But some say we could dip again before a real growth spurt. I’m optimistic for an ATH by year-end.
Did I miss the $64K mark? I only saw it struggling around $63K. September looked promising, but we can’t be too sure what’s ahead.
sigma_nodeSenior Member
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#15Sep 10, 2021, 12:59 PM
Could October bring $70K or even $80K? People love to hype this month because of its history. This could be a bullish sign, but we’re still in the dark about how far BTC will go.
Hitting $64K doesn’t guarantee a bull run next month. We might see a drop instead. Anyone investing long-term should keep accumulating, but traders need to tread carefully.
chris.novaMember
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#17Sep 10, 2021, 11:01 PM
If you look back at those polls, you’ll see most predictions were based on past trends. September’s typically bearish, and with recession fears, many thought it’d follow suit. Now with Bitcoin rising, seems like predictions are out the window.
shard_2013Full Member
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#18Sep 11, 2021, 04:44 AM
Nobody knows for sure. Analysts say Bitcoin needs solid support at $63K to inspire more confidence. If it stays above $60K, we might see it rise, but if it dips below $59, we could be in for more trouble.
Can you explain why you’re disappointed? Bitcoin’s at $64K, close to previous highs. I think its performance is pretty decent right now, even if it’s been stable lately.
I’m betting on slow movement towards $70K. If we break it in October, we could finish strong this year. I just keep stacking during dips and ignore the noise. Who knows? We might hit six figures by year’s end.