Joao Wedson, founder and CEO of crypto analytics platform Alphractal has made his assumptions clear as he shares his expectations of bitcoin. He noted how bitcoin has corrected 15% from its ATH already and if this continues we might see bitcoin start the bear market starting from next year. He also noted how this cycle can't be judged the same way as previous ones because of involvement of ETFs and other major investors. But we all know how in all previous years, the last quarter of the year is when bitcoin usually pumps. So the chance of bitcoin correcting and pumping next month is possible. Are you waiting for that pump? or have you already been affected by FUD?
Maybe my math is too bad; if not, the bitcoin price is not yet down up to 15% from its all-time high. It has touched there before, but with the current price, it's not close to a 15% drop, but that's not the case here though, and in the area where he talked about the bitcoin circle, it can't be followed like before. I agree with him; we have so much in play now, which can contribute to the bitcoin price, which was not there before. In the past, when making our prediction, we should not forget about those things.