Whether we suggest that the rich people (institutions) are buying all of the bitcoin or if we might have some other reason(s) about why the BTC price is going up, historically, there have been several instances in which the BTC price moved upwardly out of an historical range that it had been, but then thereafter, never did return to that previous price range, and people who had been delaying in their buying of BTC, or waiting for lower BTC prices prior to buying, ended up looking foolish in retrospect. So yeah, we have had right around 18 months to be buying BTC below $35k... so how much longer is it going to last? We cannot be sure. Are there going to be further dips below $30k? We cannot be sure.
The position that the bitcoin price is heading to, is what many of us don't know whether it will keep rising above $33k or fall below $33k. Historically, the month of October always has bitcoin rise in price, which it finally did, after seeing it fluctuate around $27k - $28k for weeks.
The month of November will be in a week and we don't know what bitcoin price would be by then. But I believe that the price of bitcoin will fluctuate at a higher price of $35k - $38k in November