Analyst: Record September Gives Bitcoin 82% Chance Of Ultra Bullish Q4

The crypto analyst begins with Bitcoin's surprise September revival. “September is about to close and to the general public's surprise, it's looking like it's going to be green (by a long shot), with the chance of setting the greenest September in 2024, supporting our breakout thesis we have been on for a while,” he writes

Astronomer finds a large gap between market mood and reality. We're not the only ones that believe in the complete bull thesis, but data is data. After rigorous examination, despite the talking/analysis postings, most are not positioned yet, grabbed profit too early, or would rejoice for dips and think they are a gift for desiring one, he said.


His comments on closed circles: “This observation is not just from public posts or Twitter, but also from the array of paid groups that conduct these analyses. Not authorized to mention names, although most groups are lengthy and profited early, short, or searching for admittance. The market's hand appears to work.”

82% Bitcoin Will Rise

Astronomer's optimistic thesis relies on Bitcoin's cyclical nature. The data analysis is simple: during each green September, BTC had a green October, November, and December. He claims this has occurred 3/3 times since BTC's founding

By including exclusivity, a more general and easier to interpret claim using more data points is that: ‘The direction of September has determined the general direction of Q4 and if September is green and not red, a bullish Q4 has followed 9 out of 11 times. September over $59k increases the odds of a positive Q4 by 82%.

Astronomer's study closes with strategic optimism, prioritizing market dynamics and historical patterns above speculative impulses. “How bullish? Time matters more than price, but it's not about retirement and rapid money. Being on the right side of the transaction time after time, enjoying the market stress-free, and not having regrets from losing money or being sidelined are key.
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