The market has fluctuated repeatedly recently. Here is the conclusion: I still maintain the views published in August and September. The market of the currency circle will continue to be bullish in October, November and December 🚀🚀🚀, for the following reasons: 👇🏻
1) Bitcoin was around 4.9w in early August and now 6.28w. The price has risen. On the weekly chart, it has just returned to the range of fluctuations, but this position is a trap before the rise. After October 15, it should be a turning point in the market. Our goal is still a historical high❗
2) Everyone thinks that the cottage has not risen, but some cottages in local hot spots have risen a lot, such as sui and apt in the L1 sector, tao and arkm in the AI sector, and the new MEME and fan sectors on Binance. The general rise has not arrived, and the market has diverged, but this is a positive signal, indicating that the cottage has begun to move, and the main force has also begun to pull the market. Now it is still necessary to follow the hot spots to do cottage short-term.
3) From the perspective of Bitcoin structure, although there have been repeated washouts since the sharp drop in August, the bottom of each pullback has been gradually raised, and the traces of the main support have become more and more obvious. These signs of accumulation of power are preparing for the next burst.