#PowellRemarks Earlier, we simply did not encounter such an explosive mixture of problems: rampant geopolitical tension, global economic troubles, and trade wars. Add to this the approaching key macroeconomic decision regarding the Federal Reserve's interest rate. All of this creates colossal pressure that one simply has to endure morally.

There is a risk that this month may go down in history as the first 'red October' for Bitcoin since 2018 – even the most optimistic participants in the Twitter community are already on the brink of despair.

The situation in the rates market confirms this: players on the Polymarket platform are massively betting that the price of Bitcoin will drop below the mark of $100,000.$BTC

BTC

90,135.56

-0.41%