What do you know! Looks like the bull run is not dead yet. We almost got to $115k today and we're up over 4% compared to a week ago. Not the most dynamic movement ever, but it's better than nothing.
I don't have my hopes set too high for this one, as we're lacking in the trading volume. If the volume doesn't pick up, I don't think we would have enough steam to go much above the ATH.
And looks like we could finally have an altcoin season. The CMC index is the highest it has ever been this cycle, currently at 63:
https://coinmarketcap.com/charts/altcoin-season-index/This is not small movement if you ask me, the bitcoin market was actually supposed to be bearish this month because of the history that September has which is been bearish but the market has actually been consolidating and even more in green for the month, which is a good one. For me if the market stays above $110k this month, it is definitely a good month, a price increase to $120k is a great September in my opinion because of the low volume that I am seeing right now. If the market stays like this then I will be anticipating a super bullish fourth and last quarter of the year and seriously my $150k price target for the year might actually be achieved even before the festive period.
Yes the CMC index for Altcoins was actually reported to have increased from all the way down from 29 to this, all though my observation is this is happening as a result of the year coming to an end