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 think it looks like Bitcoin will reach a price value of 40k each this coming December 2023 or before the end of this month of November. Because in these times, we are really in an uptrend. And others, even though we are bullish right now, think it might just be a bull trap.
And in my opinion, based on my charting observation, it looks like bitcoin will actually have a liquidation, and if it drops, maybe only between 31k and 33k, I guess in my own opinion.