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Scraped on 10/09/2025, 08:45:02 UTC
He noted how bitcoin has corrected 15% from its ATH already and if this continues we might see bitcoin start the bear market starting from next year. He also noted how this cycle can't be judged the same way as previous ones because of involvement of ETFs and other major investors.
Yes, but do you think this is bearish or bullish? Because I think it's quite bullish. If this were the case, the price should moon, because those institutional players are buying in large quantities to HODL.
With the current movement of the market, it looks like Bitcoin is aiming for another record breaking ATH, so I am somehow leaning to bullish market for Bitcoin. I do not feel that the market is transitioning to bearish market this October.
The problem with this guy is that he mixes a fact that would be more of a fundamental analysis, like this one, with his technical analysis. I would bet quite heavily that bitcoin will not fall to $50,000 as he predicts in one of his scenarios.
Anyone want to bet?
Anyone want to bet?
I don't dare to bet since the bitcoin market is too volatile and there are lots of factor to be considered, which is I am not confident about putting a bet with
. If we are talking about next year's October Bitcoin price of $50k, I believe the guy made his speculation on the historic record of Bitcoin price, where the October of the next year after the ATH plummets to an average of 66.67% (from the current ATH, which is $124,128 decline of 66.67% equals $41,371). So this is not a random speculation, but rather according to the data of Bitcoin price Original archived Re: Bear market in october?
Scraped on 10/09/2025, 08:39:39 UTC
He noted how bitcoin has corrected 15% from its ATH already and if this continues we might see bitcoin start the bear market starting from next year. He also noted how this cycle can't be judged the same way as previous ones because of involvement of ETFs and other major investors.
Yes, but do you think this is bearish or bullish? Because I think it's quite bullish. If this were the case, the price should moon, because those institutional players are buying in large quantities to HODL.
With the current movement of the market, it looks like Bitcoin is aiming for another record breaking ATH, so I am somehow leaning to bullish market for Bitcoin. I do not feel that the market is transitioning to bearish market this October.
The problem with this guy is that he mixes a fact that would be more of a fundamental analysis, like this one, with his technical analysis. I would bet quite heavily that bitcoin will not fall to $50,000 as he predicts in one of his scenarios.
Anyone want to bet?
Anyone want to bet?
I don't dare to bet since the bitcoin market is too volatile and there are lots of factor to be considered, which is I am not confident about putting a bet with
. If we are talking about next year's October Bitcoin price of $50k, I believe the guy made his speculation on the historic record of Bitcoin price, where the October of the next year after the ATH plummets to an average of 66.67% (from the current ATH, which is $124,128 decline of 66.67% equals $41,371). So this is not a random speculation, but rather according to the data of Bitcoin price records.