Get pumped everyone!

Just a gut feeling, but I think we might be entering the exciting phase. It could totally be just noise, though. After hovering around this price point for a while, we've hit it several times before. But if we manage to blast past $70K, I really think we’ll kick off a serious bull run.

I'm sure people will dump Bitcoin when it cross to $70K, then after few days or weeks Bitcoin will back $70K again. I don't really know the reason is, but that's my observation when Bitcoin cross to certain price, just like now the price decrease to $68.5K. This time the bull run might be have something different because it was the first time Bitcoin made new ATH quicker than other super cycle in the past.

Bitcoin has not yet gotten to $70000 not to talk of it falling back below the price. Also know that if bitcoin get to exactly $70000 or a price slightly above, there would likely be a resistance at that point. If he can overcome the resistance and stay above $70000 for some days, likely the price will become the support. What you do mean as different?

Activate the alarm when the price is $70K it will be a Bullish signal. The month of October was indeed a green positive month for bitcoin although at the beginning of the month it was less interesting with the movement but now it will soon be to $70K, do not try to sell should be a strong hand. $70K will be soon - and beyond.

I think I agree with you on this People who lack the foresight will most likely dump their Bitcoins when it gets to that price and it will most definitely cross it again I will just consider it as a way of sieving out the true HODlers

Well, it's clear that the road to $100K is going to be full of ups and downs but I think if we pass $70K now, and zooming out, the big climb will begin, in which as you say there will be dips and in which many minnows will be fleeced by the big players in the market.

I once thought about selling Bitcoin when the price reached $70,000, but after I thought about the opportunities that would exist, I canceled the plan. $70,000 if observed from the price chart and compared to the current market conditions, the Bitcoin price is heading towards $70,000. Hopefully I don't look excessive even though the current Bitcoin price is $68,900. In about 13 days, October will end. The last stop of the Bitcoin price with a support price of $70,000 will further strengthen that we will enter a bull run.

That's the most exciting part: when it has reached $66k, the hopes for coming back to $70k are alive and kicking. And once we get there, the support of $70k is the better part of it while waiting for the next goal that we're all thinking and that's the 6-digit mark - the $100k.  That is true if the new ATH came even before the halving. I'm more positive that there's got to be more and a better cycle this time. And with that observation, every bull run cycle is different each time it passes.

In some sense I agree with you that every bull cycle is different, but a distinctive characteristic that has always repeated after halving was a new ATH followed by an exponential price increase. The ATH, as you said, came quicker than expected, and many, myself included, are now waiting for the next big bull run and finally wear the long-awaited laser eyes. If I had to bet, third quarter of this year was my best prediction, but many others believe that it will be in the beginning of 2025. But yes, every bull run cycle is different, and we may be surprised this time, for better or for worse. In any case, fasten your seatbelts, turbulence may be coming

It might be different but it would always rhyme on which it might not really that look identical but it would really be showing up on the same path on where it would be heading. It would really be that a huge disappointment if ever we wont really be seeing that huge increase on this upcoming bull run. There might be no guarantees that it would happen in 100% but at least we are already aware on how it did behave in the past on which it could possibly happen in the future but of course dont raise up too much your expectations so that you wont really be able to get disappointed or really that be angry on the moment that the price didnt hit up your expectations. It wont really be that a smooth sail ride on which it would really be always like wave like behavior where ups and downs would happen. It would really be just that depending on you on how you would gonna deal with it.

IMO, this circle is literally one of the most confusing bitcoin cycles of all time which has left many bitcoiners in dilemma about when could really be the start of the anticipated bull run with some still questioning if we've really entered the bull run that we should be fastening our seatbelts or it's almost over and we don't even know, perhaps due to the precedent bitcoin set by reaching a new ATH before the circle. However, I am harbouring the feeling that the bull run is gonna take many by surprise, especially after many weak hodlers may have dump their hodling's out of a lack of clear vision.

I think most people are anticipating this particular price points because of the amount of rejection that bitcoin has encountered once it touches there, bitcoin has made a very huge resistance at that $70k with the exact price of $70,200 haven’t bounced back bitcoin price in numerous occasions to the bottom, so with bitcoin once again trying to test the resistance again many are anticipating maybe the historical trend of bitcoin been bullish in the last quarter of the years as a momentum to get pass this price. Should bitcoin get above this price then the only strong resistance left will be the $71,680 price which if taken out too will set us up for a new all time high as i don’t see any futher resistance again. The answer could be that bitcoin price pattern this time wouldn’t wouldn’t follow the past cycles after halving, is reason is justified already with bitcoin for the very first time reaching a new all time high right before halving which is a actually a different thing compared to past cycles. The thing I can say is the market wouldn’t be identical like the past but the long term outlook will be the same,

I disagree with you guys wholeheartedly. Bitcoin has followed a 4 year cycle almost exactly and has been the easiest asset to trade I’ve ever encountered. FTX took out the top last time with their fraud, but other than that it has been a simple repeating pattern. This time will be no different without an FTX scenario (cross fingers).

I don't think I agree with you that people will dump Bitcoin when it hits $70k because it has been around that zone a couple of times even though we have experienced sharp rejections (People selling massively), it will not be this case this time around considering the realities on ground. First, the time of the year suggest that the moments of indecision are gone so market will either move massively rather than remain in consolidation. Consequently, I feel that $70k is so small a target for majority of the investors in a market that is expected to start trending massively. Furthermore, there is a general mindset that Bitcoin will reach $100k this market cycle. So this is where I expect massive sell off because when price gets there, a lot of investors will sell believing that their targets have been met.

I hope it will come soon so we don't have to wait any longer. Unfortunately, the third quarter has already past and we're now in the fourth quarter. Whenever it comes and in whichever quarter it is going to be made for next year or maybe this last quarter, we're just waiting on the side and seeing how it is going to be different this whole time. I agree that everyone needs to hold their horses and not just that, make sure that their holdings are already prepared and they're able to accumulate when they've been given the time to do that all over this time.

Surely bitcoin has always followed the four year circle but with slight unnoticeable changes but not as the one of this season where a new ATH was met before the circle. That's the difference between this very circle and those of previous periods. An occurrence I presume was triggered by the bitcoin spot ETFs approval at the time. And being that a new ATH has already been met before the circle some persons are skeptical about another ATH reaching...   Which obviously for me it's possible despite the delays.

I am selling 0.01 btc when we crack 75k 77k 79k 81k I am buying 0.1btc when we hit 48k 42k and I stack every week via mining pretty simple system for me.

Yeah, I think you are one of those guys here that really put up his plan on how someone should sell their Bitcoin. I mean, I have followed your post and it's like a baby steps or staggered way of selling. And I think we should learn from you. So yes, happy times ahead, we still have a lot of time this month to crack $70k. But we still have to see if we can sustain the $68k run, I mean we have broken it like Wednesday if I'm not mistaken, but then we have a minor correction. And from what I observed, usually it will take at least 2x or 3x for a certain psychological barrier to be crack and then sustain and then move on the next barrier. So with that, if we can maintain $68k till like next week, then chances are we can go on $70k. If not then we will have another minor correction and then the cycle repeats itself.

Yes, that has been case for the longest time, we hit certain big numbers and then we falter again, come back and be back for more. So let's see how far this run will go, now that we have go over $68k, maybe if we can continue then $70k or even reaches a new ATH. If not, let it be, it's normal for speculators to take some profit, and then we will re-invest on it later. $70k is still our biggest re-test or it will be the goal of investors. So it's up to us whether we want to push on that price till the end of the month. If it is, then we could say that before the end of the year, we might see a new all time high, maybe in the $80k'ish.

It's probably because of short term traders who make profit from small ups and downs. They see round numbers that are also resistance as a sell target. BUT whether price is going to drop or not depends on the momentum. Such sales taking place doesn't guarantee the price dropping. Remember that $70k is a strong resistance for a very long time which means breaking it is a very positive buy signal that could potentially bring in a lot of money. A buy force that could easily negate that sell pressure and prevent any kind of drop.