The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"
I've been keeping an eye on the Bitcoin market, and it's been a fascinating journey. In my opinion, the current spike to $35k could have been impacted by past October trends, but it's difficult to say for sure. Aside from that, the bitcoin ETF is still pending approval. So it will be risky to invest in BTC. However, I'm far from this risk and am also growing my portfolio with my current BTC by using the Bitget SHARK FIN product. It is a low-risk and capital-guaranteed structured investment product that allows you to earn in this bear market without losing your money.
You don't have to start doing many things like imagining that it can go up now or go down now, it is normal that if the price of bitcoin rises to $35k or more it can take a turn back to gain momentum, just as it can go up to $40k Since the week before last I have said that the price would rise , but for me it can rise to $40k and stabilize there for a while, because investors are believing more and they know that the reasons are the impulse to buy bitcoin, and that is why it is Now, despite all the reasons that the war has been reinforced because the fear of investors is growing, it is difficult, I Understand , to put money there with the threats because it is not easy at all , but it is Bitcoin.