Bitcoin in the past month did experience a decline in the price of about 12 percent precisely after El Salvador accepted bitcoin as a legal tender in his country. But now, the bitcoin bulls are back that the bull market and bitcoin rally have started to pick up again in the past week or so.
I strongly believe that the decline in September month got nothing to do with acceptance of El Salvador but that was purely due to China's declaration of all crypto related activities as illegal. Now, bitcoin ETF is about to go live in USA which must be the prime reason why we are again near to ATH and all the above the market sentiment must be another big reason why we are about to have new ATH. Most people are positive about getting into $100k levels and that way bitcoin market started to obey because we are the people who speculate and same people are ones who move the markets.