The biggest obstacle for Bitcoin's progress is now inflation. And the Ukraine Russia war is responsible for this inflation. So no green signal will be available as long as this situation is not changed. Moreover, the trading platform is never stable. If there is no good conversion, it must go to the down. In that direction, it seems that the market may be dip again.
Inflation could be part of the slowing down of Bitcoin. There is another more probable cause, namely the CPI report. The increase in inflation that occurs could be the last thing according to the observations of the Federal Reserve.
Today, the Bitcoin price chart in a matter of 24h has also increased from $18.3K to $19.8K. A normal situation in my opinion amid the inflation problem that occurred.
What is conveyed is only a study that I got from several readings that I read and of course there are many other sources with a stronger level of accurate data.
Bitcoin closed September with a low of $19.573.43 and $20,109.85 being the high. October 1, we opened the price is also not much different, namely $19,431.10 and until now Bitcoin is still at a price of $19,078.50.
But take it easy seeing market conditions because we admit that there are some obstacles that may be being faced that make Bitcoin's movement slow down a bit than we expected. Just manage finances to add to our future investment portfolio. That's probably one of the best ways
I wouldn't worry about falling market conditions, for example, I'm more convinced of the opportunity to increase my portfolio in these easier times because I'm not looking for trouble just thinking about where the price is going, so it's more important to increase the addition of Bitcoin regularly now.
Worry need not be too big when looking at the current situation. Only long-term hold will make us safer. We'll see, maybe there will be a surprise this October.