Bitcoin has a strong foundation despite of FUD, SEC rules and regulations, against in bitcoin like the government,despite all of that,bitcoin still live and kicking. Now bitcoins value is $62k and I believe that it will continue to surge before end of this year. We will see new ATH but we don't know exactly when it will happen. Investors are continuously increasing and the demand for bitcoin also increasing. It's difficult to predict the market but we can feel another huge wave coming.
before the big wave comes there will be a small wave first. today the price of bitcoin has increased quite significantly and the price is approaching $66k, I think this will be an early indication if the bull run trend is about to start. I think this price increase will also be a sign of the end of the stable price that has been happening lately.
Well in fact if there will be another wave of bullish trend, and I think the reason may be obvious, December is coming, in fact in mid-November it can start to happen because people sometimes buy in November so as not to make it so expensive and last. hour in December, therefore by natural law of supply and demand all prices increase, this means that for December, whether you want to or not in the bitcoin market and cryptocurrencies, the demand will increase, this may produce an effect similar to that of 2017 if things go well since in the same way the bears will have their good entrance to lower prices or sell in the rallies.