**Bitcoin: From 'Uptober' to 'Downtober'?**

- Bitcoin plunged around $4,000 after Iran's missile strike on Israel. 😱

- However, BTC is still in the same price channel it has been in for the past half year.

- Benjamin Cowen of ITC Crypto predicts BTC could fall to $42,000 by mid-November, based on historical patterns.

- However, 2019 was a bear market year, not a halving year, so the situation is different.

- Other analysts have also suggested similar possibilities, but without strong reasons.

- Miles Deutscher remains optimistic, citing rising global liquidity, interest rate cuts, Chinese economic stimulus, and a crypto-focused US election.

- Ash Crypto predicts October will start with a downturn, then stabilize before rising again.

- Bitcoin miners are facing declining profitability, with daily block revenue down 6% in September.

What do you think? Will BTC rebound or continue to fall? Let us know in the comments!