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 agree with these analyst because going by the charts I have seen so far there's a liquidity sweep that Bitcoin is yet to take which will occur during the pull back after which the next bull movement may take place to break further slightly above the 35k-36k zone them a possible range may follow through the halving period because it's just by the corner.
So I think Bitcoin is looking for stability where it can comfortably range throughout the period of halving so it can execute the bull run immediately after, so it will have to range between a certain resistance and support which it is currently creating buy making the current historical October impulsive moves /patterns, this support and resistance range will be most likely respected through the halving and after which it will break above the resistance and move all the way up which will be tagged the bull run.
These are speculations and not a financial advise always DYOR and take informed financial decisions to maximize the vast opportunities in the crypto trading market.