Quote from: davis196 on September 25, 2024, 11:56:40 AM

Quote from: Lilybasil on September 20, 2024, 03:35:10 PM

It's not "Uptober" yet, but we're seeing signs of a bull run. BTC has already reached $64K, and September has been a decent month so far. Many are leveraging this momentum, preparing for a potential bull run or a trading fiesta, as the market is looking green.

Do you think the recent surge is a facade, or will we see a more strengthened market in the coming months?

The price got pumped by the news coming from the US Federal Reserve. I wouldn't consider this as a "signs of a bull run".
The possibility of the price going down below sixty thousand USD is still here. I don't have a crystal ball and I can't see the future, so I can't tell what is going to happen with the Bitcoin price is October. I'm simply going to wait for the bull run 2025 and I don't have any expectations for October, November and December. Maybe the BTC price will drop in November, after Kamala Harris gets elected as a US president. Grin

October is almost come. We will see what happen to Bitcoin and I hope that is a good change in the market. This month is up and down for Bitcoin and that makes many people confuse to analyze the market moves. This two days, Bitcoin move looks good because the price can hold $63k and not go to far. If this situation continue, we may see an increasing of the price so that hopefully, the market will turn the direction to the higher price.

But if in October we see many bad news comes, that can impact to the market and there will be a downtime again for Bitcoin and for the other coins. The election is also gives an effect although I don't hope that will be a big effect.

Many people still waiting for the bull run so they hold their Bitcoin until the time is coming. We have the same dream to sell our Bitcoin at the highest price or new ATH. So we must be patience for more.