Singapore
Raise It With Press Release
TechnologyCommerce / LifestyleFood / BeverageEducationReal Estate / Architecture
Get Guaranteed Publications in minimum 40 Media Outlets for Just S$50
Try it >>
press release

/ Will #Uptober Come in Mid-October? Here's the Analysis

Will #Uptober Come in Mid-October? Here's the Analysis

Bitrue
From conflicts between countries to global economic conditions, #Uptober 2024 is pessimistic to be present. Crypto coin prices are very volatile. Will #Uptober 2024 still happen? Read the full explanation in this article.
preview

October is always an exciting month for the crypto ecosystem with its trending hashtag #Uptober. The reason is, that this month has a history of increasing coin prices, including Bitcoin. Moreover, Bitcoin also has a curse about September which always makes its price decrease. 

However, October 2024 seems different compared to previous years where there has been movement since the beginning of the month. What is the condition of the crypto ecosystem in October this year? Will the tradition of price increases just come too late this month or will this year be an exception? Check out the complete analysis in this article.

Crypto Market in October 2024

Starting from Iran's attack on Israel on October 1, the investment world was affected, including the crypto ecosystem. The majority of crypto coins experienced a decline in price, including large coins, such as BTC, ETH, SOL, USDT, and XRP.

The launch of various coins from Telegram games such as CATS also experienced a decrease in hype so the price did not match expectations, even far below the pre-market price.

Bitcoin Price is even known to have experienced a decline of up to $5000 until October 3, leaving it at the level of $61,000. Other tokens are in the red zone without being able to avoid unclear market conditions.

Bitcoin Price Conditions when #Uptober is Late

Source: Cryptorank
Source: Cryptorank

Now, October has entered its second week. Until now, the condition of the crypto market is still unpredictable, it is still very volatile. When this article was written, crypto market conditions were very good. The majority of tokens are in the green zone with not too significant increases.

However, Bitcoin price still hasn't been able to surpass the price increase in September which is known as the curse of falling prices. Quoted from u.today, in an article written on September 28, the price of Bitcoin touched the $66,000 level in the last week. However, currently, Bitcoin is still stuck priced at $64,000 with conditions fluctuating since early October.

Source: Bitrue Market
Source: Bitrue Market

Above is the condition of the Bitcoin price chart when this article was written on October 14. As can be seen, the price of this coin king is $64,434 with an increase of +2.56% in 24 hours. Previously, BTC was at its highest price in a similar period at $64,860.

This highest price has actually passed the resistance phase which crypto analysts predict will be able to bring BTC to experience a price spike of up to $70,000. However, the highest price quickly fell and made BTC unable to maintain the resistance price for a long time.

Conclusion: Will #Uptober 2024 Be Here Soon?

#Uptober has become a tradition in the crypto ecosystem by using data from the last 5 years and showing similar trends, namely the increase in token prices in October. 

Even though October 2024 looks quite pessimistic for crypto to experience the #Uptober tradition due to various conditions, in fact in previous years #Uptober did not happen immediately at the beginning of October.

In 2020, Bitcoin prices appeared weak until October 16 and only experienced a significant increase of up to 30% in the following two months. In 2021, the condition of the crypto ecosystem was also very volatile in October.

#Uptober in 2023 also only starts in mid-October with a steady price spike at the end of November. 

With the data above, we can still be optimistic about #Uptober 2024. What is certain is that you can continue to follow the latest news about the crypto ecosystem by accessing the Bitrue website. Price checking Bitcoin to USD It can also be done easily with Bitrue so you don't need to change websites.

To check how to buy Bitcoin tokens and others for those of you who have just joined the crypto ecosystem, Bitrue has various features that can help you carry out independent research.

About Bitrue
Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.
Contact
Fransiskus Email: fransiskus@bitrue.com

Categories
Cryptocurrency

Other Press Release
Cryptocurrency
What is CK4444? From Music History to Cybersecurity Concerns
Bitrue
Apr 25, 2025

Cryptocurrency
Algorand (ALGO) Price Prediction 2025: Will the Fallen Angel Rise Again?
Bitrue
Apr 25, 2025

Cryptocurrency
XRP News Today! XRP’s Defining Moment: Legal Clarity, ETF Momentum, and a Shifting Crypto Landscape
Bitrue
Apr 25, 2025

Cryptocurrency
XRP News Today! XRP Enters a New Era: Legal Clarity, ETF Speculation, and a Resurgent Market
Bitrue
Apr 22, 2025

Cryptocurrency
Treasure NFT: Innovation or Scam? A Comprehensive Review of TNFT
Bitrue
Apr 22, 2025

Cryptocurrency
Lessons from SnapeDex, The Insidious Rise of Crypto Scams
Bitrue
Apr 20, 2025

Cryptocurrency
XRP News Today! XRP Price Analysis: Legal Developments, ETF Momentum, and the Investor Sentiment Battle
Bitrue
Apr 20, 2025

Cryptocurrency
What is the Difference Between XXX and XXXX Token? Similar Names, Different Purposes in Crypto
Bitrue
Apr 16, 2025

Cryptocurrency
Get to Know About Treasure NFT and How to Get TUFT Token: Withdrawal TUFT Date
Bitrue
Apr 16, 2025

Cryptocurrency
XRP News Today! Understanding XRP in 2025: Legal Resolutions, Political Winds, and the Path to New Highs
Bitrue
Apr 15, 2025

Cryptocurrency
Get to Know About Xhamster vs Hamster (HMSTR): Understanding the Key Differences
Bitrue
Apr 15, 2025

Cryptocurrency
XRP News Today! Is a 2,700% Rally on the Horizon for XRP price? Analysts Say History Might Repeat Itself
Bitrue
Apr 13, 2025

Cryptocurrency
BABY Coin Launches Dual Staking Model for BTC & BABY Holders: Get Free Babylon & USDT!
Bitrue
Apr 10, 2025

Cryptocurrency
XRP News Today! Whale Activity, Bullish Hopes, and Ripple's Billion-Dollar Acquisition
Bitrue
Apr 08, 2025

Cryptocurrency
Bitcoin Price Today! Can BTC Rebounds Above $80,000 Amid Tariff Turmoil? Here’s the Analysis
Bitrue
Apr 08, 2025

Cryptocurrency
CPEN Price Prediction after Listing: CPEN Price Could Reach $0.15? Here’s the Analysis
Bitrue
Apr 07, 2025

Cryptocurrency
Crypto Hot News! Listing BABY Coin Launches with Staking & Airdrop Features on Babylon Protocol
Bitrue
Apr 07, 2025

Cryptocurrency
XRP News Today! XRP Price Surges on Regulatory Shifts and ETF Momentum: What’s Next for Investors?
Bitrue
Apr 06, 2025

Cryptocurrency
XRP News Today! Ripple vs. SEC, Legal Developments and Market Impact, What’s Next for XRP?
Bitrue
Apr 05, 2025

Cryptocurrency
The Role of FintechZoom Crypto in Revolutionizing Financial Technology
Bitrue
Apr 05, 2025

Cryptocurrency
Blum Price Prediction after Listing Date: A Rising Star in the 2025 Cryptocurrency Market
Bitrue
Apr 05, 2025

Cryptocurrency
Top 9 Meme Coins to Watch in April 2025: Market Trends and Future Prospects
Bitrue
Mar 31, 2025

Cryptocurrency
Solana (SOL) Price Prediction April 2025, Eyes Potential Breakout Past $300!
Bitrue
Mar 31, 2025

Cryptocurrency
XRP News Today! A Pivotal Moment for XRP after SEC Dropping Its Appeal Against Ripple
Bitrue
Mar 31, 2025

Cryptocurrency
Ethereum Market Analysis: Price Prediction for April 2025
Bitrue
Mar 27, 2025

Cryptocurrency
XRP Price Prediction for April 2025: Will It Cross $3 Soon?
Bitrue
Mar 26, 2025

Cryptocurrency
Top 3 Crypto Airdrops to Watch in Late March 2025: Get Free BTC!
Bitrue
Mar 25, 2025

Cryptocurrency
Rats Kingdom Token Listing Date: RK Token Price Prediction after Launch
Bitrue
Mar 25, 2025

Cryptocurrency
The Impact of Trump's "Liberation Day" Tariffs on April 2: Price of XRP, BTC, SOL Rise Up?
Bitrue
Mar 24, 2025

Cryptocurrency
XRP Price Prediction after SEC Lawsuit Dismissal: Can XRP Break the $3.40 Barrier?
Bitrue
Mar 24, 2025

Cryptocurrency
Ripple’s Victory as SEC Drops Appeal: Celebrate with Bitrue's Staking Pool to Get 5% APY!
Bitrue
Mar 20, 2025

Cryptocurrency
XRP News Today! XRP Price Gains Nearly 10% after Ripple’s Victory as SEC Drops Lawsuit
Bitrue
Mar 20, 2025

Cryptocurrency
Ripple vs SEC Update Today: A Landmark Victory for Crypto
Bitrue
Mar 20, 2025

Cryptocurrency
Bitcoin Price Predictions and Trends for 2025: Will BTC Price Back to $100,000?
Bitrue
Mar 19, 2025

Cryptocurrency
XRP News Today! SEC vs. Ripple: Speculation Grows Over Potential Appeal Withdrawal
Bitrue
Mar 18, 2025

Cryptocurrency
XRP News Today! Update SEC vs. Ripple: A Pivotal Phase and Market Implications
Bitrue
Mar 17, 2025

Politics / Government / Local government
Could Crypto Investors in the U.S. Soon Be Free from Taxes?
Bitrue
Mar 17, 2025

Cryptocurrency
XRP News Today! The Future Hinges on ETF Approval and SEC Developments
Bitrue
Mar 17, 2025

Cryptocurrency
XRP News! SEC Delays Spot Crypto ETF Decisions, Impacting Market Prices
Bitrue
Mar 12, 2025

Cryptocurrency
XRP News and the Cryptocurrency Market: ETF Developments, Regulatory Shifts, and Price Trends
Bitrue
Mar 12, 2025

Cryptocurrency
Bitcoin Price Falls Below $80,000 Amidst Market Turmoil, Can BTC Rebound?
Bitrue
Mar 11, 2025

Cryptocurrency
XRP News Today: XRP Price Fluctuations Amid Strategic Reserve Uncertainty
Bitrue
Mar 11, 2025

Cryptocurrency
Will Bitcoin Price Continue to Fall after Trump's New Rule: What's Next For BTC?
Bitrue
Mar 10, 2025

Cryptocurrency
XRP News Today! U.S. Government's Crypto Strategy: A Game-Changer for XRP?
Bitrue
Mar 10, 2025

Cryptocurrency
Strategic Crypto Reserve Prioritizes XRP, SOL, and ADA Than Bitcoin? Here’s the Analysis
Bitrue
Mar 06, 2025

Cryptocurrency
XRP Price Prediction 2025-2027: Can It Still Deliver Big Returns?
Bitrue
Mar 06, 2025

Mobile games
Confirmed! PAWS is Set for March 2025 Listing, Airdrop, and Price Prediction!
Bitrue
Mar 06, 2025

Politics / Government / Local government
The Bitcoin Strategic Reserve & Trump’s Vision for Crypto Regulation
Bitrue
Mar 05, 2025

Cryptocurrency
Cryptocurrency and Financial Markets React to Trump's Tariff Policies
Bitrue
Mar 04, 2025

Cryptocurrency
XRP Price Plunges as Trump’s Tariffs and Market Liquidations Weigh on Crypto Sector
Bitrue
Mar 04, 2025

Bitrue
URL
https://www.bitrue.com/
Industry
Service
Weekly Release Ranking
Apr 16, 2025 2025
Get to Know About Treasure NFT and How to Get TUFT Token: Withdrawal TUFT Date
Bitrue
VRITIMES Video
vritimes na euvritimes jpFree consultationManual EbookPR College