I posted this on the wall Observer thread but I deleted it and figured it might deserve its own post :
For almost every year of bitcoin, December was always known to have a bearish outcome, speculatively because of christmas, and how quite a few people cash out small parts of their balances for gifts, trees, random impulse buys, and weed.
So regardless of the huge dump bitcoin took, next month has generally always been known to have a
small dip.
What this basically means is that this isn't even the worst of it.
I also noticed that November has always been a green month too, this is the first time it's going to be red, so December might stack them bars on it. Stay safe. (Who am I kidding we're all doomed)
