Looking at the charts it still seems likely BTC will still fall well below 6000. Are you optimistics for a turn around in perhaps October or November?
My expectation is that the bull period has been entered in the fourth quarter and prices are rising rapidly again. But when I look at the graphs of the past years, I don't have any doubts about me, because this year everyone is expecting a movement in this period. Especially in the last 4 years, end-of-year prices have increased dramatically and then they have started to decline rapidly. This year, many investors have noticed this situation and expects that all positions will be open in the end of the year and the bull period will start. Of course, big investors are aware of these expectations and there is also the possibility of making a reverse move beyond expectations. Although there is little time remaining, we should always remember that there is a risk and we should prepare ourselves for a possible reverse scenario.
