Bitcoin is known to always be better at the end of the year and secondly, this is the celebration season, there is going to be lots of money to be sent to love ones around and which I think that bitcoin will be one of the method chosen to carry out some of these transactions, especially from countries where they are finding it very hard to send transactions easily across the bother.
I think there is just 1.5 months left for the whole year to be over which means there is really not that much time left for it to go too high. Of course, it is bitcoin and I have no clue what it will do but I feel like anything between $8k to $12k is realistic enough to not expect too much from bitcoin.
Yeah, it could go down even further or it could go up a lot more but honestly do you really think it will? I feel like there is a very minimum chance it will do any more radical moves. Whenever bitcoin wants to do a radical move whales and manipulators end up doing their best to stop it, why? Because of leverage, some people leverage their positions and whenever it starts to do the reverse they try to stop it so they don't get cashed out but since both sides do it, there are no more huge moves.