That's what we keep failing to analyze correctly. The recent fall of Bitcoin price at the beginning of October is making many who thought of a bull run to begin in October, retract their statement that this will be another correction market we are to see again because Bitcoin that got skyrocketed to $68k at the end of last month(September), had a terrible fall of price to $60k at the beginning of this month(October). That's a funny price to see after many people have anticipated seeing the bull run to begin as soon as possible, but the reverse was still the case. The market remains stagnant at $60k-$63k
Is it true that there will be hope for us in this October for Bitcoin to really go up? Well, this is still a prediction and we all hope so. Haven't we started to hope for October in Q4 which will be one of the benchmarks for future price increases? Maybe this will really happen.
Although maybe we have to be a little more patient, because the market is still not rising that drastically, even if we look at it, it is still the same as the previous monthly cycle, where prices are still sideways at a certain number.
Then, is it true that October, which is known as Uptober, will happen this year? Personally, I still strongly believe in the cycle. It's just that right now, it hasn't started, because it's only the beginning of the month, so we have to be more patient to expect a much more significant market increase to start a bullrun at the end of this year.