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CAREFUL: VERY SIMILAR CANDLE PATTERN AT $BTC

The world is waiting for Israel's retaliation, but I don't expect a major drop unless Iran responds with further attacks. I anticipate a decline to $56K for Bitcoin, but the third wave could take us down to $48K. The upcoming U.S. election is critical and may alleviate some market uncertainty; however, a bull run seems unlikely while instability persists in the Middle East.

I believe we may see some developments after February 2025. Until then, I expect fluctuations between $48K and $70K. Please note that this analysis is based on daily charts, so we should have clearer insights in about three days.

Wishing you all the best!

#BTCUptober $BTC