đ Bitcoin is in bull season! đ
- CryptoQuant predicts BTC could hit $100K in Q4 if demand increases.
- BTC typically rallies in October, especially in a halving year like 2024.
- In previous halving years, BTC rallied 9%, 59%, and 171%.
- BTC is currently in the middle of a BULL and BEAR phase.
đ BTC demand needs to increase faster to sustain high prices in Q4.
- US Bitcoin ETFs are shifting from net selling to net buying.
- Bitcoin ETF inflows hit $1.8B from September 13-30.
đĄ CoinShares: Approval of investment products in the US adds to market excitement.
- BTC could target $85K-$100K by the end of December.
đ Factors to watch: Middle East geopolitical tensions, US job market, and Fed interest rates.
đ Where do you think BTC will end the year? Comment now! đŹ