There’s been a lot of talk about Bitcoin heading toward $60K, so let’s break it down.

Yes, it’s possible that Bitcoin could see a pullback to $60K, as there’s a significant number of liquidations around that level. However, the silver lining is that the liquidation volume is even higher at $70K ($1.19B), which suggests we’re more likely to move toward $70K—just after a brief correction.

If you analyze the current chart, Bitcoin is adhering to a classic pattern of forming higher highs and higher lows. The next upward wave could kick off anytime now.

So don’t worry, “Uptober” is very much in play! Buy the dip and use a dollar-cost averaging (DCA) strategy—it’s just a temporary pullback as geopolitical tensions rise, with Iran reportedly planning missile strikes on Israel.

Let’s stay patient and remember how we navigated the recent bearish month, ultimately locking in solid profits by the end of September. Always buy in stages and stick to a long-term strategy!