-snip-
October is a good month to expect price recovery - that has been proven by the break of $28k resistance in the last 24 hours. The problem is whether $28k can last longer or maybe it is only temporary before panic among traders occurs.
The answer is also still changing because the $28k resistance that occurred in the last 24 hours yesterday only lasted for a moment because the closing price was $27.6k. Today's market chart experienced a difference where the indicator showed a buy signal.
But October is still very early which makes me think that there is still hope as market analysis of bitcoin prices will be in better condition than in September.
I'm not talking about market sentiment - but bitcoin should be more able to appreciate October to recover. Don't know what could push $30k resistance through now - but if $28k becomes strong support then $30k can be expected to break.
I support your statement that Bitcoin should be able to recover this month. As for the $28k support price being strong this month, I don't doubt that hope
about the best price — at least the $30k price can break through and $30k will become the new support price.