It is September, the fourth quarter, and he says he feels like things always turn bullish around this time. But like I said, we are far from bullish right now. After such a deep crash since August and the ATH, the current bounce is tiny in comparison. Also, saying this happens every year is wrong if you look at the historical data -snip-
I agree that his statement is too speculative. It is even untrue if we compared with 2018 and 2022 ( a year after the peak bullish season). In these years, market were always red in September. Looking it more closely, Q4 probably will be most red markets. So, we need to be careful to speculate with the market possibility in the next few months. I personally will be always careful to anticipate with the worst market scenario and won't conclude anything.
Is the lack of understanding between bear market and bull market that's making most people to have that feeling, so actually a bear season will always be a bear season even if the price of Bitcoin go too higher beyond the expectations of everyone but it will definitely go back to the prices that defines it to be bear season, one important thing I like about those seasons of Bitcoin prices is that whenever we enter the bull market you will know based on the price activities and is also the same to the bear market so those previous increases was know sign of bullish season and besides since it made to $80k it has been moving around $77k positions.
Each person may have different understanding. Those people who make the wrong assumption, they may be newbies or beginners. People who have experienced previous cycles, they must already know when the real bullish to come. Even if the market condition can change, but it probably won't be so significant. It must be following the similar pattern of the previous bullish/bearish.