When I woke up to the beginning of this week I saw the price moving I immediately remembered the best October ever we had just 2 years ago when we had the maximum so far all time high price for the Bitcoin.I started dreaming a bit that maybe the next bull run is much earlier than end of 2025 but I think I should get back on earth as most likely the price will continue to drop now as there is no real event that Bitcoin price to reach a new all time high so fast,so most probably it will be in this range,just above 30k I think it will stabilize there.
The halving and a potential ETF approval are major events which could have a significant impact on Bitcoin's price. It might seem unlikely to reach a new all time high so fast but we've seen in the past that Bitcoin has gone from under $1,000 to almost $20,000 in a single year. While we may not see a 20x increase in this bull run, surpassing the previous all time high is not out of the question.