🚀 Bitcoin Bullish Yet Cautious in Q4! 🚀

Bitcoin (BTC) typically shines in Q4 of bull cycle years, especially post-halving. CryptoQuant analysts predict a similar trend for 2024, but there’s a twist! 📈

Despite historical gains of 9%, 59%, and 171% in 2012, 2016, and 2020, BTC’s demand growth in 2024 needs a boost to sustain price hikes. The CryptoQuant Bull-Bear Market Cycle Indicator shows BTC hovering between bull and bear phases, unlike the clear bull phase in Q4 2020.

Spot Bitcoin ETFs in the US are increasing demand, hinting at a potential rally to $85K-$100K. Stay tuned, BTC enthusiasts! 🌟