Everyone was blaming September for the dip like it was a dip holiday and just waiting for October for the pump. And as soon as October came - and I mean literally, like the first day of October - prices started to go up and it started to pump. How??
I think the big pump factor in the bitcoin price last October was due to the high public trust in bitcoin fundamentals and also the increasing number of large companies adopting bitcoin. Although in September the decline in bitcoin prices occurred due to the Evergrande case and the ban on China, but it did not have a serious impact on Bitcoin where we saw in November bitcoin set a record ATH.