WILL BITCOIN HIT $100K IN Q4?

THE ANSWER IS IN THE PAST HALVING CYCLES

AFTER EACH HALVING, BTC GOES THROUGH A CONSOLATION PHASE OF AROUND 6 MONTHS 

2016: 161 DAYS OF CONSOLIDATION BEFORE BREAKOUT 

2020: 175 DAYS OF CONSOLIDATION BEFORE BREAKOUT 

IN 2024, BTC HAS BEEN IN THE CONSOLIDATION PHASE FOR 161 DAYS.

THIS MEANS THERE'S A VERY PROBABILITY OF BREAKOUT IN THE COMING 2-3 WEEKS.

HERE'S WHY THIS COULD HAPPEN 👇 

➬ CHINA IS PRINTING $280B TO BOOST ITS ECONOMY 

➬ FED HAS STARTED DOING RATE CUTS

➬ BOJ HAS TURNED DOVISH AND STOPPED DOING RATE HIKES 

➬ TRUMP IS LEADING AGAIN 

➬ BITCOIN ETFs HAVE STARTED TO ACCUMULATE AGAIN

➬ BITCOIN FLOW TO EXCHANGE HAS REACHED A VERY LOW LEVEL, WHICH INDICATES LESS SELLING

➬ FTX DISTRIBUTION IS EXPECTED TO HAPPEN THIS QUARTER

➬ RUSSIA IS PLANNING TO DO CROSS BORDER PAYMENTS USING CRYPTO BY NOVEMBER 

➬ GLOBAL M2 MONEY SUPPLY HAS HIT $107 TRILLION, A NEW ATH

IMO, THE CRYPTO MARKET HAS STILL NOT FACTORED IN ALL THESE BULLISH FACTORS 

ONCE IT DOES, BTC WILL HIT A NEW ATH, FOLLOWED BY LARGE CAPS