The month of October is considered a good month for the crypto market, and the last quarter of the year is also a good time for this market, when people are expecting that the good sentiments we can see in the market will result in price appreciation. Today is the first day of October, which is a special day, following this sentiment in the market, and some people are also calling it uptober.
There have been many months when the people are anticipating some growth in the alt market; however, Bitcoin has shown a good momentum, but that is not all, because people are expecting that other coins should also grow along with Bitcoin, and steem is also like that. It is a valuable ecosystem that has been growing a lot in terms of user adoption for many years, but the price appreciation is one mark that is keeping things slightly on the back foot. However, if we see a good price appreciation for this coin, then the growth is going to be significant.
I just hope that October brings some positive news in the market, and it brings more value also to the crypto market along with Bitcoin and altcoins, because just one segment is not enough and having growth in both segments is important for the market to feel excited, and once that starts, then I think the end is not going to happen soon.
Again it's a market and we can speculate many things; however, we just can't predict how it is going to happen, so sometimes it might happen and sometimes it does not, which is not in our hands because it is driven by the community, and one individual is not able to do anything in such a big market of the crypto ecosystem.
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