Bitcoin Sees Multiple Signals for Bullish Q4, Analysts Expects Bounce Back Soon as Healthy Correction Occurs

Bitcoin Set for a Bull Run? Record $95 Trillion Liquidity Points to $125K Target
2 mins read News
  • Bitcoin faces a healthy correction right after setting bullish September close.
  • BTC sees many bullish signals pointing to highly green Q4.
  • Silver-tongued analyst expects Bitcoin to bounce back very soon.

Bitcoin (BTC) takes a healthy dip in price following the bullish September close where BTC price closed 8% above the price of a bullish close for the month of September. This, in the eyes of many crypto analysts, is a mega bullish sign that could lead to a highly parabolic new ATH for Bitcoin. 

Bitcoin (BTC) Sees Multiple Signs for Bullish Q4

With September closing in a bullish 8% pump, the expectations for a bullish Q4 are higher than ever before. Many analysts highlight that the current year for crypto is a Bitcoin Halving year. So far, every Bitcoin Halving year has seen the price of Bitcoin pump green in the three months of Q4. 

Presently, September has closed the highest it ever has and this paired with the fact that we are in a Bitcoin Halving year has further fueled the expectation for new parabolic highs for Bitcoin’s future. As we can see from the post above, one analyst highlights numerous reasons for traders and investors to be bullish. 

Firstly, the analyst highlights that 80% of Octobers are green, 100% of US Presidential election years lead to green Q4s and 100% of the years where September closes green leads to green Q4. With all these factors in play, it certainly would be a challenge to not be bullish on Bitcoin. 

Silver-Tongued Analyst Expects BTC Price to Bounce Soon

So far, many seasoned crypto analysts and financial experts have shared their bullish takes on the future price of Bitcoin (BTC). According to one analyst, BTC price can hit $550,000 by 2030 when the pioneer crypto asset’s market cap will likely hit 8 trillion. This prediction was made by a silver-tongued analyst who made many accurate predictions in the crypto market.

This same silver-tongued analyst now highlights the market’s present crypto market state saying a healthy correction is taking place. He expects BTC to bounce back soon at the $63,488 and expects BTC to shoot towards setting higher highs once again.  

Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

related posts

Other posts