The downward trend in Bitcoin prices has continued since a few weeks ago until now where the bitcoin price is still at the level of $42k. Will Bitcoin's downward trend continue or will it return to the $50,000 to $60,000 price level next month?
I think the downward trend in bitcoin price is over. Entering the month of October, Bitcoin price movements are very significant. Bitcoin bounced back up to the current $57k level. The potential to continue strengthening continues until the end of this month. Therefore I think the $60k figure will be easy to break this month considering the bitcoin price has already reached $57k.