Bitcoin may not have hit the bottom yet this month; October could bring a real dip-buying window

On July 19, analyst BlurrBulls said that this round of Bitcoin’s decline has not fully ended, and the month may not form a final bottom. Judging from historical trends, after Bitcoin halving the market usually needs some time to complete “position clearing,” and the truly low-risk entry points often appear after sentiment is most bearish and selling pressure has been fully released.

The report points out that from August to September, Bitcoin may continue to maintain a range-bound accumulation pattern, with the market repeatedly testing lower support. After entering October, as the impact of the halving is further digested and ETF capital flows become clearer, Bitcoin is more likely to enter a truly bottoming region.

The analyst cautions that although the market has already shown signs of some adjustment, buying the dip too early may still face short-term volatility risk. Compared with chasing pumps or blindly buying the dip, waiting for a second confirmation signal around October may be a more prudent trading strategy. $BTC ‌

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