Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Salahmu
on 03/10/2023, 08:19:53 UTC
⭐ Merited by JayJuanGee (1)
It is well-recognized fact that predicting the future price of bitcoin is difficult. But historically speaking, October seems to be a month when the price of a bitcoin tends to rise a little more than in previous months.
To me I don't think there would be any much Bitcoin price movement in these October, one of the things you should understand is that the possibility of Bitcoin repeating a price movement on a particular month is not certain and perhaps if you check very closely you will see that during the times Bitcoin price use to repeat uptrend on the Month of October are mostly when the halving are still in some years ahead so if there was supposed to be any drastic price movement it would have done it earlier before now, so the Bitcoin price has been on a consolidation for sometime now and since we are in the last quarter of the year there is a likelihood that Bitcoin price will still maintain those levels till the halving take place then you can expect Bitcoin price to surpass the ATH, so let's not allowed the psychology or speculation that Bitcoin price normally increase October affect our plans of accumulation.