Many expected October to bring significant gains, but some are already disappointed. Ivan explains that it's too early to give up, as Bitcoin historically doesn't surge immediately in October. He highlights past years where the market took a few days to gain momentum. "We're just four days into October," he says, urging people to stay calm.
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Despite short-term dips, Ivan believes the market outlook remains positive. He points out that Bitcoin has broken its downward trend of "lower highs and lower lows" and is now in a better position for a reversal.
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In his view, the current bull run is just beginning, and people shouldn’t panic.
Ivan also notes that traditional markets are struggling, while institutional investors are increasingly interested in Bitcoin. This shift, he believes, strengthens Bitcoin’s potential to rise, possibly reaching as high as $165K. He urges viewers to keep this broader context in mind.
