MAJOR MOVE INCOMING! ⚠️ The Wealthy Accumulate $BTC Bitcoin is at a crucial crossroads, with analysts warning of a potential sharp downturn.

After nearly seven months of decline, $BTC is feeling the weight of global tensions, particularly in the Middle East, and a rising U.S. dollar.

Some experts predict a drop to $40,000 or lower if the bearish trend continues.

However, there's hope. Historically, October is a strong month for Bitcoin, and some analysts see patterns hinting at a possible rally, especially with Bitcoin’s next halving set for November 2024.

Key support levels to watch are around $56,130, and the 50-day EMA at $59,662. A break above these could be the start of a recovery. Stay alert for volatility and watch those levels closely!

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