**Bitcoin's Bullish Potential in Q4 Hinges on Demand Surge**

CryptoQuant analysts suggest Bitcoin is entering a period of positive seasonality, but a demand boost is crucial for BTC to hit $100,000 by year-end. Historically, Bitcoin has thrived in Q4 during halving years, with notable gains in 2012, 2016, and 2020.

Despite a recent dip into a bear phase, Bitcoin's demand appears to be stabilizing. Institutional interest, particularly through US-based Bitcoin ETFs, is rising, with net inflows of $1.8 billion in late September.

Analysts believe that if demand continues to grow, Bitcoin could target $85K-$100K by December. However, geopolitical tensions and US economic factors remain key variables.