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?"
May of us and including me does not know the difference between the normal increment of price and the bull run increment of price. I think that the bull run price increment differs from other price changes because the bull run positive price is always building to a new ATH. If this is true, what happened last week is nothing close to the bull run, rather it is a normal price increment that we see when bitcoin has consolidated for so long.
I think we are going to experience another bear market to the region of 20k before bull run will come.