So today’s the last day of October. Bitcoin’s been in the red for the third time in seven years for this month. Crazy, right? Historically, after these red months, we usually see a green October the next few years. But this year feels different. What do you think will happen next year?
October’s Ups and Downs
19 replies 350 views
alexrocketNewbie
Posts: 102 · Reputation: 29
#2Nov 12, 2018, 04:22 AM
Nah, I think it’s just a phase. We’ve seen red Octobers before and then things bounce back. I’m actually guessing next October will be green. Market's unpredictable, though. I did think we’d hit a new high this month but we kinda dipped instead.
real_protoNewbie
Posts: 200 · Reputation: 14
#3Nov 12, 2018, 10:16 AM
Gotta admit, I've been saying for ages that Bitcoin can’t just keep following the same pattern forever. Eventually, it’ll change. Sure, ETF had an impact, but we can expect more shifts as Bitcoin matures. Right now, it feels like we might be entering a bearish phase.
If this four-year cycle holds up, we might just see back-to-back red Octobers. It’s disappointing, honestly. I was hoping for a positive end to October to set us up for a big November. But it’s looking tricky right now. Buying while prices are low seems like a solid plan.
Anyone making predictions now is honestly just guessing. October was bearish for Bitcoin but check this out: its all-time high was in October 2025! That’s still something to look forward to.
We all thought this was gonna be Uptober, but ended up with Downtober instead. Two months left, and it’s either gonna shoot up or drop more. Honestly, could be a good time to grab some Bitcoin for quick profits. Just saying.
Yeah, Uptober didn’t pan out. We peaked at $126,000 early this month and then saw a big correction. So tough to predict the next moves. Historically, things change, so let’s see what happens.
Things are still in flux. Sure, we could rally to a new ATH before a downturn, but past patterns won’t always repeat. This October’s not following suit, and there's a lot of sideways movement. Market consolidation feels real.
pix3l_h4shNewbie
Posts: 147 · Reputation: 22
#9Nov 17, 2018, 07:13 AM
That’s the thing with volatile assets. You really can’t expect the market to behave predictably. Best we can do is look at past trends, but we all know they can go sideways.
kevin_farmNewbie
Posts: 65 · Reputation: 14
#10Nov 17, 2018, 07:29 AM
Right? We thought October would be a green month, but surprise! The opposite happened. Can’t say much for next October either. Let’s wait and see how November and December shake out.
lynx_5hardMember
Posts: 76 · Reputation: 149
#11Nov 17, 2018, 12:49 PM
What makes you think you know what’s coming next year? It’s all guessing at this point. So many factors at play. Geopolitical and economic situations will have their say next October.
raven_2020Member
Posts: 225 · Reputation: 61
#12Nov 17, 2018, 04:32 PM
Come on, did I ever say the ETF was the issue? Reread what I wrote. What I pointed out is that Bitcoin can’t stick to historical patterns. Deviations are part of the game, especially with ETFs messing things up this year.
jakerocketSenior Member
Posts: 25 · Reputation: 1393
#13Nov 18, 2018, 08:13 PM
Looks like the red trend isn’t gonna change overnight. Yeah, slight shifts here and there, but really, nobody knows what October 2025 will look like. Too many variables, man.
roguesatoshiFull Member
Posts: 34 · Reputation: 558
#14Nov 19, 2018, 04:04 AM
Let me play devil’s advocate for a second. What if this October marks the end of the bull run? Remember 2021? Thought we were on a roll, and then bam bearish trend hit hard.
real_protoNewbie
Posts: 200 · Reputation: 14
#15Nov 20, 2018, 03:50 AM
Totally possible! We've seen Bitcoin double post-halving before. $126K could theoretically slip into that pattern, but we might lower our expectations if it doesn’t repeat. If this month’s red, who knows what December holds.
Yeah, so if we’re in for a bear market next October, we might see the same trend. It’s all speculation until we have some solid data, though. Focus on what’s ahead.
mike.degenMember
Posts: 128 · Reputation: 228
#17Nov 21, 2018, 09:36 AM
You hit the nail on the head. October ended up being a dud, though we all had high hopes. I guess we just gotta keep our heads up and keep buying the dips.
yield_2017Senior Member
Posts: 44 · Reputation: 1725
#18Nov 21, 2018, 03:47 PM
What’s going on with the market lately? It’s unpredictable. I mean, we’re looking at steady levels but some serious surprises could come out of nowhere.
Michael Saylor said he’s optimistic about future growth despite the current situation. Could mean good things for Bitcoin in November and December if we maintain the right trend.
Exactly, we’ve got to keep watching and stay flexible. The market moves fast and we can’t afford to get too comfy. Let’s see how it goes.