When bitcoin prices fall, economists will comment with 2 points of view that bitcoin will end or bitcoin is preparing to bounce back. No need to be surprised and panicked, because bitcoin is the same digital currency as fiat currency, there is always a price increase or a price decrease. So the element of speculation is very dominant. Speculators are people who are involved in high-pressure transactions, so they are accustomed to volatile prices but still have to decide SELL or BUY. This is game, calculation, and instinct.
I still believe that the best trader is the man who knows that he has another, an additional source on an income (like the permanent job). As for BTC, it might grow closer to the winter.
I know that almost everybody thinks that Bitcoin will gain in December. Meanwhile, I wish to find the proof of these predictions. Curious what makes people think like this.