September was brutal for Bitcoin, right? Dropped below $109k, totally caught a lot of us off guard. But now that we’re heading into October, I really think we might see a shift. People are saying October pumps, so I'm hoping it holds true this time.
October Bitcoin Price Predictions
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Honestly, I don't get why anyone's shocked about the dip. Historically, September is bearish. Expecting anything else seems a bit naive. It’s like the market loves to follow its own script.
When Bitcoin dips, everyone panics and sells... and it just keeps dipping. What’s the point of holding if we’re always worrying about the next price move? We need to focus on long-term gains instead.
I think we have a decent shot at breaking through $118k this month. If we do, we might see it push above $120k again. I mean, October's got a reputation for being bullish, right?
Nah, I don't see $118k happening anytime soon. We're in a downtrend, and with recent price action, it’s all about consolidation. If it retraces to $111k, that could keep dragging us down.
Qu4ntumNinj4Newbie
Posts: 3 · Reputation: 21
#6Feb 26, 2021, 06:12 PM
Not sure where Bitcoin is headed in October, honestly. The market is unpredictable. One little spike or drop can change everything. But I’ve always been bullish on Bitcoin as a whole.
I want to stay positive too, but I got no solid reasons for being bullish. September was pretty boring for Bitcoin. Until we hit $150k, it all feels a bit unexciting for me.
$118k is key for the bears. If we get back there, we might really make a run for $124k. But we haven’t broken key support at $107k, that needs to hold.
kevin_atlasFull Member
Posts: 77 · Reputation: 589
#9Feb 28, 2021, 10:48 PM
Uptober sounds great, but it’s not exactly written in the charts. Sure, Bitcoin’s bullish, but it's more of a long game. Just hope it doesn't tank again.
You think $150k is too much to ask? Lol, I get it, but even reaching $150k by the end of the month seems far-fetched. Let’s just hope we see some movement above $113k.
mike.degenMember
Posts: 50 · Reputation: 228
#11Mar 1, 2021, 03:36 AM
I believe $118k won’t be under bear control. It’s still bullish territory. If we can hit $120k, I think we have a good chance against the bears moving forward.
Sure, hitting $150k seems unlikely, but not impossible. Bitcoin has surprised us before. A 36% increase is big, but it could happen.
October has historically been strong for Bitcoin, averaging a 21.89% return. It’s been a bullish month more often than not since 2013. So yeah, I’m feeling optimistic about $118k and beyond.
September always seems to drag Bitcoin down, but let’s see how it behaves as we move into October. It usually flips to something more bullish.
This September didn’t feel that bad. I know there was a decline, but it wasn’t major. I wouldn’t rule out reaching $118k soon.
You got it right about September being rough. But October? I’m expecting that bullish trend to kick in and push us higher. Sounds like a plan.
Many traders forget about historical trends. September is traditionally bearish, but October typically brings back the good vibes. Let’s see if this year follows the trend.
Yeah, I agree. Bitcoin’s been holding over $100k for a while. Not really bearish in my book. Just takes one positive news story to send it soaring.
satoshi_apeNewbie
Posts: 95 · Reputation: 20
#19Mar 2, 2021, 01:25 AM
Honestly, I think Bitcoin will just hover between $105k and $115k for now. Nothing too thrilling happening here.
I’m betting against the trend this October. Sure, we've had corrections, but I believe we can recover to at least $120k before the month is out.