Cryptocurrency gained a lot of popularity during previous year and that's when most of the people started accepting it. It was obvious that with that acceptance, it was going to get a lot of boost. However, where there is money there are banks and how could they let this very profitable and booming industry to keep going on its own terms. Everybody in crypto sphere knows how BTC went up to $20,000 in no time and then after a few months, the bear phase started that dominated the year 2018 and it all continues the same way. Question is: will we see a bullrun in the last three months of 2018?
Well, most of the times during 2018, what we the naive crypto lovers have witnessed over and over again is that market gets manipulated and everything happens exactly opposite our expectations. There is science involved that helped many earn far more money during this bear market but still even the best of the best TA analysts were wrong with their predictions so many times because there was manipulation involved from the whales who I think have more BTCs than anyone else and so is the case with altcoins.
So, can we expect a bullrun in Oct, Nov or Dec? Everybody so much wants it to happen so there are very high expectations involved at this point. No one is expecting the most fiercest BTC dip. So, can we expect BTC to take a moonshot or going as low as $5000? I think we can expect anything so it's better to be prepared for the worst. Before BTC takes the moonshot, I see it taking a dip. Rest, let's see what happens.
What's your prediction about it?