Are we gonna see bullish moves or more dumps this October?

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#1Nov 23, 2022, 09:57 PM
Are we in for more dumps this October? Some folks were hyping it up as an "uptober," but it feels like the market is pulling a reverse psychology on us.
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nova327Newbie
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#2Nov 23, 2022, 11:28 PM
honestly bro it is hard to say for sure!! some people kind of expected october to be Uptober!!! but as usual the market does not always follow the hype well at least Donald Trump does not care about our feelings. after the hard crash caused by Trump’s tariff announcement on China, he recently posted a softer message on Truth Social and the market is starting to react more positively to that. so possibly we could still see some bullish moves if this momentum continues, but for now things look mixed. it is best to stay careful and not rely only on any type of hype at the moment.
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coinhub10Newbie
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#3Nov 24, 2022, 01:47 AM
There's no definitive answer because Bitcoin is unpredictable, and anything can happen unexpectedly, as happened recently with Trump's 100% tariffs on China, which caused the Bitcoin price to plummet. However, if we're talking about October, I don't think it's over yet, so there's still a chance the Bitcoin price will recover. We'll see, as there are still 19 days left until the end of October. It's best not to focus too much on Bitcoin's history, as what happened once may not happen again. It's better to focus on managing Bitcoin for the long term, as Bitcoin has never disappointed in the long run. However, I personally still believe that the Bitcoin price will recover, and it will happen in October.
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moonproNewbie
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#4Nov 24, 2022, 04:03 AM
Most of the people who were referring to October as a bullish month are referring to it with Uptober were being optimistic and speculative, and did not actually make real analysis of the charts. They most likely made such statements based on the previous record that bitcoin has had in the month of october last year, and many of the octobers from the year before based on record, I guess it is one reason why many of they were liquidated from the recent dip. Their expectations took over, and they made their trading decisions based on emotions. It turns out to be a big lesson to many that you should not always expect a repeat of the performance of bitcoin based on the record it has had from the same month in previous years alone. See the historical record of bitcoin in october : https://www.coindesk.com/markets/2025/10/01/bitcoin-heads-into-historically-bullish-october-after-third-best-september-on-record?
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chainhubMember
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#5Nov 24, 2022, 08:03 AM
On the norms we have seen everything that we need to see as far as october cycles is concerned, this 2025 October's market reaction is not that different from what we have seen with previous years october cycles. We have seen the top of the price in October where bitcoin did the multiple all time records, same with few other altcoins, thus period could be a correction phase for the market whichnis most expected. How long this trend will last is what we can not talk about right now
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foxlab37Member
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#6Nov 24, 2022, 11:12 AM
Well, we just saw a positive tweet from one of the greatest manipulators currently, and because of that, the market pumped and Bitcoin right now is at $115,000. Historically speaking, October has been a very bullish month for Bitcoin, but that doesn't matter if there's somebody out there that has the power to manipulate the market at anytime he wants to. In the past, we haven't seen anybody that can manipulate the market that bad, and with what happened, I'm a bit confused and asking myself "What if there's more negative news that he will share online?" Right now, there's many "What IFs" on my mind. "What if we will see Bitcoin ending in a red candle this month?", "What if Trump will make a tweet about tariffs again, and might cause the markets to dump like crazy again?" These are just some of the questions. I want to see the market recover to it's previous prices before the market dump happened, but let's see how it will end because right now, there's more uncertainty than usual just because of one person.
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novalabHero Member
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#7Nov 24, 2022, 12:17 PM
Initially, we all planned for an up-tober but as we can see the market fell so tensed after Donald Trump disclosed a plan of high tariffs on Chinese goods starting from 1 November. The only confusion is that even if the market would experience a DIP but it shouldn't have come as a result of Donald Trump's announcement of imposing 100% tariffs on China. However, despite the reverse in the price despite the anticipation for up-tober, i think that market will recover gradually until the end of the month but from next month it won't be funny because there will be many liquidations that might even lead to a bear market if time is not taken.
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mr_ravenMember
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#8Nov 24, 2022, 04:28 PM
No one can predict the market accurately we can only make speculations...I believe that you must have come across different predictions, some did their analysis and said Bitcoin would hit $130k this month and move up to $150k in December but unexpectedly everything started going down, the crypto market is down and nobody knows if it's going to keep on reducing or perhaps it's going to increase soon
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titanz547Member
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#9Nov 24, 2022, 05:33 PM
Brother, the liquidation cascade was caused by that Trump's announcement of 100% tariffs to China. Earlier today (i was asleep at the time), I learnt that Trump wants to play nice with China and that caused the market to rebound a bit from those lows. My thesis is that, if we don't get anymore crazy news like that from Trump or from government around the world, all should be good for the remainder of October and the year as well. But still need to be cautious and prepared for whatever comes.
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degenzMember
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#10Nov 26, 2022, 10:11 PM
Tariff war between China and US is a very serious global economic crisis and thus it would definitely affect assets most especially volatile assets which is usually the first thing people look to sell off in terms of market having trouble so I wasn’t surprised seeing the price droping down after the war was heating up. Seriously I still think we will have our Uptober again and that won’t stop their the usual bullish trend of the enter quarter will still be experienced this is dependent on the outcome of the meeting which is expected to happen if the both president settles their differences and if the tariff is off then this will be bullish on the market. For now I expect the market to go back to above $120k
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blockhubMember
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#11Nov 27, 2022, 03:44 AM
Well, they don't just check the wider view or higher time frame that causes others to trap on a new ATH. If you check the daily and weekly time frames with a bit of charting, you should be able to see the upper channel of the flag or trend is rejected 3 times; that's a strong signal for bearish reversal. No one knows if there's more upcoming dumps, but just like in the past, after a big drop, there's always a 2nd wave. The market will take some liquidity first before a bearish continuation; it's just my analysis based on previous price actions, and there's no reversal signal yet or pattern that the market will shift back to bullish. There's a slight pump, but I don't think the market is shifting back to bullish. If I were you, I would wait until the New York session on Monday to see if the majority of traders want it to pump or not, because the price dropped heavily last Friday at the New York session's opening. If we see a big pump again at that time, then expect a retest at $125k and a new ATH, but if not, then we are still in a bearish phase.
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#12Nov 27, 2022, 08:11 AM
Stats show that it's more of pumping than dumping. But what you will expect in a highly volatile market? everything can happen in any direction that it will do. So, you might just want do your plans accordingly because no one knows what exactly where the market is heading for this month of October. We say that it's Uptober but it could also be that downtober. We will never know and we've seen it dump last Friday badly.
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nodez241Newbie
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#13Nov 28, 2022, 03:33 PM
Since recent dump is caused by the tariff imposement toward china, then expect for high volatility. We can't really know whats gonna come out of the trump's tariff negotiation. This month is supposed to be bullish month but shit happens and as a result market doing sideways because market don't know whether it should be bullish or bearish. In short, don't expect anything. Even the most professional trader with extensive experience have no idea. Gotta compensate by just holding spot.
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ledgerdevFull Member
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#14Nov 28, 2022, 06:20 PM
It is difficult to determine whether October will be bullish or bearish  - yesterday's decline has caused many speculators to reverse their initial prediction of an “UPtober.” But it seems that prices are indeed falling, and traders are crying out because they are being liquidated more than they expected at the beginning of the month, when they thought there would be a rally. I am not a trader, so I am not too panicked or worried about the current decline.
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cryptodevNewbie
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#15Nov 28, 2022, 08:27 PM
From a technical analysis (TA) perspective, this big sell-off hasn't actually broken the overall upward trend for BTC yet. Fundamentally, however, everything now hinges on China. The key question is whether Beijing will agree to trade negotiations before the November 1st deadline. Last I heard, the Chinese are reportedly willing to make an exception for some companies regarding the rare earth metal restrictions, which is what prompted Trump to threaten those 100% tariffs in the first place
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nonceNewbie
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#16Nov 28, 2022, 10:03 PM
As a smart investor/trader, what we need is to always prepare a plan for both situations because the market is very unpredictable. There is no rule or guarantee that October has traditionally been a good month for bitcoin, meaning this October will be no different. Years ago, did we have Trump, did we have a trade war? We are living in the present and investing in the future so we need to look at the problem in real time, don't depend too much on the past and assume that things will always repeat themselves exactly.
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miner_byteSenior Member
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#17Nov 28, 2022, 11:49 PM
Answer is no one knows. These days even you are good in technical analysis once a known person like trump make a call related into crypto news for sure people will get hype and make a buy or sell their assets. This is the fearsome of the people right now. So if you are still trusting the hodlers and people support the use of the bitcoin and would like to grab the opportunity for the dump, for me take profit is a must here if you are a long time hodler but for new waiting for the dump is the right time well enjoy the current market stand as you can.
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#18Nov 29, 2022, 12:09 AM
People are over expecting something that they can find great hints since maybe they are looking for something that can give them sure profit for their possible trades they made. But as what you have said no one actually knows on what will be the outcome of the market this month since no people can predict what's going to happen. If they see someone saying bullish or bearish things about Bitcoin this is still a prediction and unsure to happen. Maybe they better focus on doing research about many things especially on current happenings in the market since maybe with that they can get good ideas that helpful for them to decide about what possible best action they need to do.
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#19Nov 29, 2022, 05:08 AM
We can't really tell for sure but from the way it's going bitcoin seems to be declining even more. Paying attention to informations that are capable of crashing the market is important, there are people that sold immediately after hearing about trumps decision. There's a high chance that the price of Bitcoin will keep on reducing but one thing I'd certain, it's definitely going to go back up again that's just how the market works
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hodlerproHero Member
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#20Nov 29, 2022, 07:24 AM
Why depend on China when it is the United States that initiated and wants to escalate the war? Let's see since Trump was elected, has the market had a peaceful day? It was all his fault, so everything depends on him. But as far as I know, he also softened his tone after seeing China react strongly instead of showing fear and giving in. That could also be the reason why the market has recovered significantly, many altcoins have returned to previous levels or even BNB has reached a new ATH today. https://truthsocial.com/@realDonaldTrump/posts/115362196088273474
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