This October month should come in as anticipated for more of bull market than bear, though we are already seing part of this happening as the market rises of recent and all that could be aimed now is to target the limit of $30,000 resistance and remain above that, this will also encouraged for more investments and for investors to hold since we are fast approaching the halving which has the features of bullrun and high market volatility so that everyone can earn through such period.
It should be, during the 4th quarter of each year people are always anticipating for a bullrun. Though we have not seen that so far a few days after we enter the month of October, but that is totally fine as we are still very early in this quarter.
Market sentiments remains bullish moving closer to the bitcoin halving. $30k resistance level is quite achievable this month, but I won't gonna expect it won't come down below that once it touches that level. I am expecting bitcoin will play around the 28k to 30k region.
I may be expecting a bullrun pre-halving but most likely new ATH will come several months after the halving.
most likely as @pooya87 said, with this coming months, oil price will likely to go up as the temperature dropping low and we need oil specially in Europe otherwise they are going to to freeze to death.
That would be the gas price. Oil price first and foremost affects the fuel prices (gasoline and diesel) then it affects everything. For example one of many effects is as diesel price goes up, the transport costs increase so the supply chain is strained and price of groceries go up hence increasing inflation.
Can't agree more. Oil prices will create a domino effect to all the prices in the market, especially the essentials, that's where they put the increase first and we already knew why.
But then again, this has never affected bitcoin.
