Bitcoin Eyes Q4 Rally

Will Uptober Be Kind to Us This Year?

Author

Justin
September 23, 2024 • Read Time: 6 minutes

Bitcoin is gearing up for its favorite season—Q4, where it historically shines. Expect some holiday cheer as BTC tends to surge in October, November, and December, with average returns that put the rest of the year to shame.

Why?

Year-end tax strategies, holiday shopping hype, and corporate adoption all combine to light a fire under Bitcoin's price.

Plus, with inflation looking more controlled and whispers of interest rate cuts, the stage seems set for a bullish 2024 close.

The only hurdles? Some key resistance levels and potential political uncertainty, but if Bitcoin smashes through $72,000, $100K is very much in sight.

Buckle up.

  • Gold has gained over 5%, reaching a new record, while Bitcoin rises above $64K after Fed rate cuts. — Read More

  • Bitwise CIO supports Bitcoin as a hedge against U.S. public debt. — Read More

  • Investors anticipate Bitcoin surging in October, historically a strong month for the cryptocurrency. — Read More

  • Bitcoin's market dominance has surged by 6% in 2024, indicating a potential altcoin season ahead, according to IntoTheBlock and crypto analyst Ali Martinez. — Read More

  • The SEC approved Nasdaq's listing of options for BlackRock's Bitcoin ETF amid market concerns. — Read More

  • Q4 is Bitcoin's most bullish quarter, driven by factors like tax planning and corporate adoption. — Read More

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