Right now we hit the lowest bitcoin volatlity since 2020. So pretty much any day now there is going to be an explosive move, however no idea which direction.
Everybody thinks it will go down to $15K, since everybody thinks this. The opposite will happen. Just like in November 2018 when everybody assumed that $6K was the bottom and it would go up after a long period of consolidation and the complete opposite happened.
I think most likely this move will happen sometime in November, so a couple more weeks.
Let's see, but I have to agree that when everyone is expecting the price to move on a positive direction, it move on the opposite. Similarly in 2021 wherein November we hit almost $70k and everyone is calling for 6 digits in December, after all it was the prediction of PlanB.
However, it moves on the opposite direction, the price plummeted after that and it is the bubble already. And now we are in a bear market.
That is common, the market is not ruled by people who chat around here or on twitter, it is ruled by people with money, would you chat on bitcointalk or twitter if you had tens of millions of dollars? You wouldn't, well Elon is exception to that.
This is why we do not get to hear from people who could actually change the market, people who get in the market and make a difference, because they do not like to post it online, that’s changing a bit, more and more new generation rich people do, but still old money doesn't do that. It means what you see are people who do not have power to change anything that "thinks" something will happen, while other whales end up doing the opposite.
