CryptoQuant Analyst Predicts Massive Bitcoin (BTC) Surge in Q4.

Bitcoin's 2024 trend mirrors past halving years, signaling a potential Q4 price rally.

Over 300,000 BTC added to long-term holders’ wallets, indicating strong confidence in Bitcoin's future.

A breakout above $63,000 could trigger a bullish run towards the $70,000-$72,000 resistance zone.

Bitcoin recently surged past $55,000 in early August, marking a notable 20% gain. Since then, it has been trading within a narrow range, fluctuating between $57,000 and $63,000.

Julio Moreno, Head of Research at CryptoQuant, has observed that Bitcoin’s performance in 2024 is similar to its behavior in the halving years of 2016 and 2020. 

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