Post
Topic
Board Speculation
Re: October price guess
by
tygeade
on 04/10/2022, 15:25:10 UTC
Just follow the 4-year chart of Bitcoin, it appears that we will see a big movement this month of October. Every year this month has seen an uptrend in bitcoin price. The month has just started and soon we will be able to see that positive sign for Bitcoin. Hopefully Bitcoin will be able to reach above $25000 this month.
If you are talking about having to follow Bitcoin's 4 year chart for pumps then now is not the time to get pumps because October is October for 2025 and not this year.
Because if you calculate 4 years after the pump occurred or after the dump occurred, it is clear that the time is 2025, not 2022 as it is now. Even if there is a price increase later this month, I think it will only be small and temporary and will not create new ATH in Bitcoin.
I wouldn't expect it to take that long, and I always disagreed on the 4 year cycle bs, I believe it's 3 years, look at the past and you will see that it took 3 years to start going up again each time. Meaning it should be 2023, why? Because it was 2017, and in 2020 we went up, not peaked but went up, and 3 years from 2020 is 2023, and we are very verge of getting there now.

So in the next 12 months, I can see it either breaking the ATH again, or it will be a good high price all over again. That is my speculation though, doesn't matter to me, it could be 2025 all I care and that means I would be able to accumulate more bitcoin until it goes up again.