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.
October does not bring Bear though stable price is what happened and also a small increase back to 20k and this is worth believing nowadays.
and you are correct , the price did not fall down below 18k and had an increase though a little to 20k yet still predicted right.
October is about 40 hours left and I'm happy because the price has returned to $20k after almost a month of dropping below $20k, of course this is a sign that the market can rise again, and of course the best strategy is to keep buying before the market rises.
Who says Bitcoin won't recover though? Lol
Of course it will always recover, bear market is normal, only those who's rushing for profit or did not have any idea what Bitcoin is will never understand how the price works.
I still consider $20k as a bullish price since it's a bit higher than the last ATH in 2017 before it hits $60k+.
Bitcoin might end this year with the same price region. $23k-$25k max and $18k-$20k the least.
23-25k is reasonable expectation though?
lets see what comes to table as we are 2 months from here.