The question of the debt and of the weaker dollar weighs in the long term, but in the short term alot of people really can be buying already eyeing the Uptober. Even knowing that happened in the past, is not guaranteed that the month of August will be of high again. I believe that the tradition will continue and Bitcoin will continue rising.
I doubt bro that people will just buy for the sake of the Uptober concept, which is not a real thing, even just something the BTC community created, and as you said, it's not necessary that it will follow it again. So short term traders don't really see this as some big opportunity. They play both ways, by long and short trades. But in the small time frames with high leverage, these traders can make some real money.
Yep, the four year cycle will continue unless it will be replaced by a super cycle, but when that's not confirmed. Or will it ever be replaced, that's also not so confirmed.
