, 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?
Joao Wedson should be disregarded on this, and this is not the first time he has missed in his predictions. I tell you, these guys are regular people like you and me, but they are merely privileged to have the resources and popularity. As for me, for now, Bitcoin is too indecisive to be accurately predicted. And if I may ask you, hasn't the bearish retracement you mentioned that was supposed to happen in October already happened in August till date? Bitcoin's selling from about $125,500 to almost $107,000 is no joke. What should we call that?