I remember in a poll in early September when bitcoin was still trading at $52-55k. Most are bearish on the market and no one thinks we will have a recovery or growth in September, and no one is optimistic about the coming months, all they can say is that they expect change in the future. But suddenly bitcoin price rose above $60k and at one point surpassed $64k, now people are gradually becoming more optimistic and they have also changed their bitcoin views.
That shows no one can know what will happen next, bitcoin is unpredictable. So what we can do is plan for both scenarios: what we will do if the price falls and what we will do if the price rises from now on.
If you actually read some of the replies on those polls about bitcoin September price you will find out that most people have their predictions base on historical data and one of the key factors that made many to think this month will be bearish month is because the month of September has always been majorly a bearish month so base on that many predicted it to follow the trend. Also the month was welcome with a panic news of recession looming around which added to most investors confluence.
The month predictions might now be wrong with bitcoin pumping up this is because no prediction is certain it’s all speculations, moreover the Month actually played out its bearish trend role and only started pumping because of the cut of rate by the state’s which increase the interest of many investors to come in and that’s why this pump is going on and I expect it to kick start the bullish trend which I believe will start this last quarter of the year