the last quarter will be a good time to watch the price movement as we have been very bullish on it.
For now, we seems to can't get the resistance on $48k, now the price goes down a bit again to $45k. Nevertheless, there's nothing to be afraid of, just a normal price movement, maybe investors are selling at $46,700 because that's the peak so far. But in the last couple of days, after a minor dip reaching a resistance level, the price goes up again so no doubt that $48k, will be the target next and then $50k at the end of the month.
The weird thing is, historically speaking its normally quite usual to see drops in summers, if you look at the previous ups and downs of the crypto prices, you will see that during the summers it usually drops, this year it had the same thing and it dropped as well. However now that we are still in summer, the price has already increased, we had over a 50% price increase, just this summer, from 30k to 45k and that is a huge jump to have.
And the last quarters of the year usually is the time when bitcoin increases a lot, every time we had a huge jump it was during the last quarter, if the opposites are happening that means we will drop in last quarter, but if it is like the old days then we are going to definitely break the ATH and maybe even see over 100k for the first time ever, because last quarters are known for skyrocketing well over the previous ATH, and same may happen.