Nothing is to be expected in October as the battle between the bulls and bears continues towards the end of the year. Though the bearish trend is still favoured by me in October as the overall trend of the market judging by what the monthly and weekly charts dictate. Yet, the hesitation of the market in September makes me suggest that Bitcoin is not ready to go lower as it might have reached the year-low already, or is very close to the level.

This means that even if Bitcoin would fall further in October, such would be limited to around $17000-17500, which will not have much significance as that fall might be greeted with more fierce bullish movements.