Bitcoin has skyrocketed more than 9% in the past week.
Whenever September is green, Q4 will be green, said Lark Davis.
In the 2020 cycle, Bitcoin turned bullish 161 days after the halving.
Bitcoin’s dominance in the digital asset market remained unchallenged as it surged massively since the start of September, even with a few dips along the way. The cryptocurrency is back at the $64,000 mark, and short-term gains look promising. So much so, analysts are even drawing comparisons to the 2020 bull run.
Lark Davis, a well-known YouTuber and crypto analyst, tweeted, “Whenever September is green, Q4 has been extremely bullish for Bitcoin.” He included a chart showing Bitcoin’s past performance in September and Q4, suggesting good times are ahead.
And in another X post, Rekt Capital pointed out that it has been 161 days since the Bitcoin halving. He reminded followers that during the 2020 bull run, BTC saw a massive surge 161 days after the halving, hitting an all-time high of $69,000 in November 2021.
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In the current cycle, Bitcoin made its all-time high at $73,750 in M…
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