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🎯 Bitcoin’s ‘Final Dip’ Before October Breakout: Analysts Eye a Bull Run!

According to crypto analysts, Bitcoin is gearing up for a significant breakout in October, but not before one last dip. The price could correct to around $51K, setting the stage for the next leg up in the bull cycle. Popular analyst Mags shared that "Bitcoin’s uptrend since February 2024" may soon experience a final correction, with key levels between $54K and $54.5K marked by CME gap analysis as potential support zones.

Titan of Crypto also predicts that the current consolidation phase is about to end, possibly leading to a strong upward move in October, a historically bullish month for Bitcoin, boasting an average return of 22.9%.

Why October? Not only does Bitcoin tend to perform well in October, but previous halving cycles have also seen Bitcoin enjoy "three consecutive months of growth", starting in October and extending through November and December.

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