the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.
Just a couple weeks ago, everyone was insisting that Q4 is always bullish for BTC. Now we're seeing this "pattern" doesn't have much basis in reality. No surprise there since we only have a handful of years of price history!
It's probably best to assume the year after a bubble is going to be a bearish year. What comes up must come down.