Bitcoin highest price in August was $25200, $22800 in September, $21100 in October if it does not surpass it in few hours away to the month of November. In 2018, these three previous months were similar in a way the price of bitcoin did not have much volatility but followed by a massive bear market that decreased the price of bitcoin from $6600 to $3600 in November before the next massive bull run started that drove bitcoin up to $13970.
This is not to cause a panic, but unsure if bitcoin price will still decrease further? But yet buying at $20000 is going to be profitable in some weeks or some months to come.
What I know would happen is either the price will not fall more than expected before the next bull run start. Or the price of bitcoin may fall in a way it can get to $17600 again or below which would result to a massive bull run in some weeks or months to come.
But let us continue our monthly fun. Would the price of bitcoin increase or decrease in November?
It is too early to speculation and it's hard to tell if we are about to enter the bull season. I have heard before that we have passed the bearish season but the charts are still reds. So, am gonna keep my hands crossed.