It's my first September since I started observing and involved crypto last December. For now I have a strong confidence on Bitcoin based on its promises and what it has done last 3 months. If there will be any corrections to happen I would think it is only a step back to move forward, and it would be a solid step to reach what we are imagining to happen until winter time.
However, history doesn't have to repeat itself every time so Bitcoin might not get blood in its hands this September too.
Let's see what will happen, thanks for the article.
When I talk to those who said that bitcoin will go down a few months ago, they say that you should definitely invest in bitcoin. I say to myself what different people there are in the world.
I didn't know september was a bad month for crypto and frankly i was sad to hear that because i had a few coins that i expected to rise in september also my birthday is september 17th. However, my confidence in BTC will reach the target of $100.00 by the end of the year. Also, it's up to you to turn September into an opportunity, if cryptocurrencies fall, you should buy them at a low price.
It should not be forgotten that no coin in the world has risen continuously. BTC will necessarily correct, but I don't think it will drop below $45,000 because people's trust in btc has increased a lot.
If I'm not mistaken, I read a few weeks ago in an article by slyvain that bitcoin mining migrated from china to north america. maybe it's just a coincidence, but since that day, btc has started to rise and return to its old self.
Unfortunately, China has a bad image all over the world. I know many people who do not buy clothes when they hear that the product is produced in China. Recently, countries have started to vaccinate citizens for covid19. In the country where I live, two options were presented to the public, one of them is made in Germany by Biontech and the other is made in China by Sinovac. A great majority of the people preferred the German vaccine, Biontech.
Bitcoin has given up a lot of its habits this year. Maybe September will be bitcoin's favorite month. But the opposite is also possible.
It happens to me either way. I'll take it if it falls. I'll sell it if it comes out. I'm half waiting right now. Both are opportunities for me.
In fact, with a good psychological analysis, falls and outflows can also be predicted. For that, you have to follow this team.
It will fly, it will go into space, the new ATH is coming, people who make shill like that. As long as these are positive, you need to be ready for a drop. When Bitcoin made ATH, they said 100k. Blindly. Then the market fell.
This time in 2017, they said bitcoin would be $ 1,000. Improved again. Now the positive shill begins again. But not very strong. So I think the declines will return around 45k.
And I don't think we're on the rise yet.
Thanks for the nice post. It's been a long time. Re-great to see you.
Are difficult to predict. But the data supports that the price will rise. Of course, some things, such as the collapse that happened in the past, are unclear.
We can face 28k while we wait 100k. Actually, it happened. When everyone said 100k, we finally saw 28k. He's had a quick recovery. It's at risky levels right now. He tried to break resistance 2 times, but bitcoin was not successful.
Of course, given a longer period, we can see that it is pointless to worry about them.
My fear is that what the majority say doesn't usually happen. We saw 28 when everyone was expecting 100k. At 28, everyone was waiting for 10, and now we're back at 48. These reverse transactions can be risky, but the main source of profit.
If I see a new ath or around 70 to 80, I'll definitely try bitcoin short. Of course, then my fundamental analysis could change that. I've never tried a reverse procedure before. But this time I want to try if the opportunity passes. Actually, I open shorts all the time. Especially when the resistance can't break.
I get nervous sometimes. I trust bitcoin, but I also know it has a life span.
Those who mined in Bitcoin have now started to get rid of the pressure of the genie. And it comes up with more hash power than before.
I expect a minor correction in September. But not a dream like in May. It is still possible to recover quickly in October and November and exceed the 100k level.
There were decreases in September in previous years, but significant increases were also observed in the last quarter of the year.
Of course, the end or the beginning of the year does not matter to me.
I trust and understand this technology. That's why I prefer to wait for the long term.
Statistics exist. They should not be ignored. The bloody September for 4 years shows that it is not a coincidence. But this September may or may not be bloody.
The important thing is, as you said, what will happen to BTC in the long run. We anticipate and hope that too. If there is a correction in September, we will have a buying opportunity and we will have a chance to accumulate more. Who knows, maybe we'll reach the $100K target much faster.
Thanks for the article, I'm looking forward to see what happens this September.
September... My favorite month of the year. The beginning of autumn and the end of summer (which I don't like summer).
As much as I like September, September usually doesn't go well for Bitcoin as you said. I think there is a high probability that the same will happen this September. Because crypto is very closely related to psychology. But these corrections are necessary for a healthy uptrend.
Whether September is bloody or not, I will continue to support BTC!
People turned to cryptocurrency to add value to their money during the pandemic period, and no one in the world has heard of these projects, and now bitcoin has always been in a position to affect people's lives, and some countries are even using it as a currency. It's amazing. People made big profits and made their lives easier. And while even countries like China have not gained additional value in their economy during this period, crypto has perhaps been the only thing that has gained value all over the world. Of course, there are risks in this in its own way, but in general it is a platform that both improves the quality of life and makes a profit, and the fact that it is not affected by any physical element makes crypto very valuable. I have no doubt that it will always be in our lives in the coming period.
It's my first September since I started observing and involved crypto last December. For now I have a strong confidence on Bitcoin based on its promises and what it has done last 3 months. If there will be any corrections to happen I would think it is only a step back to move forward, and it would be a solid step to reach what we are imagining to happen until winter time.
However, history doesn't have to repeat itself every time so Bitcoin might not get blood in its hands this September too.
Let's see what will happen, thanks for the article.
When I talk to those who said that bitcoin will go down a few months ago, they say that you should definitely invest in bitcoin. I say to myself what different people there are in the world.
I didn't know september was a bad month for crypto and frankly i was sad to hear that because i had a few coins that i expected to rise in september also my birthday is september 17th. However, my confidence in BTC will reach the target of $100.00 by the end of the year. Also, it's up to you to turn September into an opportunity, if cryptocurrencies fall, you should buy them at a low price.
It should not be forgotten that no coin in the world has risen continuously. BTC will necessarily correct, but I don't think it will drop below $45,000 because people's trust in btc has increased a lot.
If I'm not mistaken, I read a few weeks ago in an article by slyvain that bitcoin mining migrated from china to north america. maybe it's just a coincidence, but since that day, btc has started to rise and return to its old self.
Unfortunately, China has a bad image all over the world. I know many people who do not buy clothes when they hear that the product is produced in China. Recently, countries have started to vaccinate citizens for covid19. In the country where I live, two options were presented to the public, one of them is made in Germany by Biontech and the other is made in China by Sinovac. A great majority of the people preferred the German vaccine, Biontech.
Thank you for reading
Bitcoin has given up a lot of its habits this year. Maybe September will be bitcoin's favorite month. But the opposite is also possible.
It happens to me either way. I'll take it if it falls. I'll sell it if it comes out. I'm half waiting right now. Both are opportunities for me.
In fact, with a good psychological analysis, falls and outflows can also be predicted. For that, you have to follow this team.
It will fly, it will go into space, the new ATH is coming, people who make shill like that. As long as these are positive, you need to be ready for a drop. When Bitcoin made ATH, they said 100k. Blindly. Then the market fell.
This time in 2017, they said bitcoin would be $ 1,000. Improved again. Now the positive shill begins again. But not very strong. So I think the declines will return around 45k.
And I don't think we're on the rise yet.
Thanks for the nice post. It's been a long time. Re-great to see you.
Are difficult to predict. But the data supports that the price will rise. Of course, some things, such as the collapse that happened in the past, are unclear.
We can face 28k while we wait 100k. Actually, it happened. When everyone said 100k, we finally saw 28k. He's had a quick recovery. It's at risky levels right now. He tried to break resistance 2 times, but bitcoin was not successful.
Of course, given a longer period, we can see that it is pointless to worry about them.
My fear is that what the majority say doesn't usually happen. We saw 28 when everyone was expecting 100k. At 28, everyone was waiting for 10, and now we're back at 48. These reverse transactions can be risky, but the main source of profit.
If I see a new ath or around 70 to 80, I'll definitely try bitcoin short. Of course, then my fundamental analysis could change that. I've never tried a reverse procedure before. But this time I want to try if the opportunity passes. Actually, I open shorts all the time. Especially when the resistance can't break.
I get nervous sometimes. I trust bitcoin, but I also know it has a life span.
I don't want to make the wrong moves.
Thanks for the article.
Have a nice day.
NFA
Those who mined in Bitcoin have now started to get rid of the pressure of the genie. And it comes up with more hash power than before.
I expect a minor correction in September. But not a dream like in May. It is still possible to recover quickly in October and November and exceed the 100k level.
There were decreases in September in previous years, but significant increases were also observed in the last quarter of the year.
Of course, the end or the beginning of the year does not matter to me.
I trust and understand this technology. That's why I prefer to wait for the long term.
Thanks Sylvain for the article and information.
Statistics exist. They should not be ignored. The bloody September for 4 years shows that it is not a coincidence. But this September may or may not be bloody.
The important thing is, as you said, what will happen to BTC in the long run. We anticipate and hope that too. If there is a correction in September, we will have a buying opportunity and we will have a chance to accumulate more. Who knows, maybe we'll reach the $100K target much faster.
Thanks for the article, I'm looking forward to see what happens this September.
September... My favorite month of the year. The beginning of autumn and the end of summer (which I don't like summer).
As much as I like September, September usually doesn't go well for Bitcoin as you said. I think there is a high probability that the same will happen this September. Because crypto is very closely related to psychology. But these corrections are necessary for a healthy uptrend.
Whether September is bloody or not, I will continue to support BTC!
Thank you for the article, Sylvain.
It's great to see this four-year cycle. Thank you very much for sharing this research with us.
I will follow September especially closely and see how it goes.
As you said, the year-end target is still 100 thousand dollars.
and if there is always a pullback, it remains a great idea to use it as a good buying opportunity.
Anything could happen, we should always be ready to get more BTC
People turned to cryptocurrency to add value to their money during the pandemic period, and no one in the world has heard of these projects, and now bitcoin has always been in a position to affect people's lives, and some countries are even using it as a currency. It's amazing. People made big profits and made their lives easier. And while even countries like China have not gained additional value in their economy during this period, crypto has perhaps been the only thing that has gained value all over the world. Of course, there are risks in this in its own way, but in general it is a platform that both improves the quality of life and makes a profit, and the fact that it is not affected by any physical element makes crypto very valuable. I have no doubt that it will always be in our lives in the coming period.