Quote from: Kemarit on Today at 04:21:16 AM

Quote from: DOH! on September 23, 2024, 03:43:07 PM

I don't judge by sentiment but there is really a lot of hope in October and November. Historically in 2021, October and then November have been explosive, so I suspect this has a basis to go in the right direction, macro news about the FED or Trump paying with bitcoin for the first time is also creating stimulus and momentum, although I also suspect that the trap of market makers, institutional investors is opening up the money flow again.

If their is a thing that we can hold for today, it's that we can see October as a good month to start the bull run as per historical logs. And the timing though, we are about just a week this September and it seems that the we are somewhat starting the bullish phase at $63,000-$65,000. So just imagine if we start October with that kind of price, and as we approach the US election, it could fuel more money channeling in the market based on that event and the result itself.

So let's see, we should be optimistic that the market is going to bounce back and we do hope that this is the start of something big post halving. Again, if we look at the history, 100++ post halving, we should be seeing some semblance of a bull run already. And it seems that October could be a big month for us till the end of the year.

any year where month of september is bullish, october will also be bullish based on this data from coinglass

so I'm pretty optimistic, moreover there's news of china cutting rate which can further amplify bitcoin rally, maybe we will see new ATH for real next month but still can't be sure, since BTC hardly breakthrough $65k but we'll see.
hopefully we can see ATH again.