Indeed, we might see this as a buying opportunity, but some investors are concerned about a further decline due to a hack of an exchange like Binance. Unfortunately, this is a bad way to finish October. If there is another fall in next one or two weeks there might be many losses on the traders’ side.
Well as always its good to take advantage on their fear. Weak hands always lost and those people stay calm, then think about buying when lots of people got panic wins.
Also even if we experience bad at the end of month of October, the positive side about it is we didn't saw the market collapsed badly. That indicates how mature people and they didn't easily got affected by Fuds.
Looking forward for a bullish November, since I think this is recovery month for Bitcoin.
You are right, there will always be two opposing sides in the market. Everyone has their own strategy in managing their trades and investments.
I'm not so sure about November, but hopefully, as you said, it will be bullish. People who sold because of yesterday's decline will learn to stay calm in situations like that.
Some people are certainly affected by the possibility of a worse situation because recently there may have been many hacks of major platforms.
