bullish

Bitcoin

Momentum

Reserve

<ul class="wp-block-list news-points">
 <li>Crypto analyst foresees a sustained bull run for Bitcoin.</li>
 <li>October is one of Bitcoin’s historical bullish months.</li>
 <li>The crypto market can do well even during a recession.</li>
</ul>
Crypto analyst and host of the Crypto Capital Venture <a href="https://www.youtube.com/watch?v=xDaeCy3vnFc" target="_blank" rel="noopener noreferrer nofollow">podcast</a>, predicts a significant Bitcoin bull run is on the horizon. Citing Bitcoin’s recent price action and historical patterns, the analyst highlighted the cryptocurrency’s tendency to surge in the fourth quarter of its halving year.
<a href="https://coinedition.com/bitcoin-halvings-delayed-impact-bull-run-in-q4/" rel="noopener noreferrer nofollow">Read also: Bitcoin Halving’s Delayed Impact: Bull Run in Q4?</a>
October is historically a bullish month for Bitcoin, with positive returns in nine of the past eleven years, according to Coinglass data. The analyst also noted that every month of the fourth quarter in the last two Bitcoin halving years saw positive returns for the cryptocurrency.
<h2 class="wp-block-heading" id="h-rate-cuts-and-market-momentum">Rate Cuts and Market Momentum</h2>
Turning to macroeconomic factors, the analyst pointed out the historical impact of rate cuts on financial assets. The S&amp;P 500 has posted positive returns 12 months after the initial rate cut 86% of the time. With the Federal Reserve planning a rate cut later this month, a sustained rally across both financial and digital asset mar…
The post <a href="https://coinedition.com/bitcoin-bull-run-imminent-analyst-predicts-q4-surge-after-halving/" rel="noopener noreferrer nofollow">Bitcoin Bull Run Imminent: Analyst Predicts Q4 Surge After Halving</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin Bull Run Imminent: Analyst Predicts Q4 Surge After Halving

Table of Contents

Coin Edition

Other articles published on Sep 13, 2024

SlowMist: Best Practices for Toncoin Smart Contract Security

This Cat-Themed Meme Coin Marks New ATH as ‘Cat Season’ Knocks on the Door: Details

Bitcoin Sentiment Soars as BlackRock Calls It a Global Hedge

Trump to Launch Crypto Project ‘World Liberty Financial’ on Monday

Chainlink Price Eyes $20 Amid Bullish Market Recovery Signals; More Gains Ahead?

Grayscale’s XRP Trust Will Boost Market Confidence, Pave Way for Future ETF — Bitget Analyst Ryan...

Join our free newsletter for daily crypto updates!