Bitcoin increased to over $25000 in August, while it only increased to $22800 in September. Is this suggesting bear market in October? What could be its highest price of bitcoin in October? Would it be bulloctober or bearoctober? I am speculating that bitcoin price lowest price may not be below $18000, but can increase above $20000 again.
There is no certainty for a bear or bull market. I believe that both are possibilities, but bearish seems more likely in my opinion.
Within months bitcoin has been in a bearish phase which to date has lost more than 70% of its price since ATH. I think the lowest price in October could drop below $17K, or else $25K and above would be a test. But staying optimistic is the solution, then I also hope that I can take advantage of several opportunities to buy bitcoin during this bearish phase.