We can use past charts of every October month to see what October has brought in every year and in different timeframes. We can use that data to predict this October.
The questions and concern rise from Prediction Changed by Analyst Benjamin Cowen who predicted a plummet of Bitcoin (BTC) to to $23,000,
However BTC is seen to be headed in counter direction and is valued above $27,000.
I am not the one you were replying but I would like to say, that please add this information in your post too by editing it. Because things will be clearer for other new readers of this post, and they will know why you think that BTC is going to make a bullish cycle and from where you get the idea.
But to be honest, I also read the points you have written there, somewhere else. Maybe, you are repeating or I have read many similar topics and now I am blurring them with each other. Either way, you have pointed out some good points, but these points are not the only ones.
Market conditions can make huge changes, due to unexpected events that would take the market to a downtrend cycle. And to be honest, I don't think the market would reach $23,000 in October because the market is in a very good state, good news is coming, but I am not a good analysis so I would avoid making such statements that are not going to help you.