Bitcoin could make a parabolic move soon.

in #bitcoin • 3 months ago

20240924_173347.jpg

Here's why:

Historically, the average return for Bitcoin in Q4 is 88%.

If we see an 88% gain in Q4, it would take Bitcoin close to $120,000.

Even if we get a 55% move upward (like we saw last year), it could take Bitcoin to $100,000.

But last year, we didn't have:

  • Bitcoin ETFs
  • Rate cuts
  • Elections
  • FTX's $16B cash repayments

We have all these catalysts this year. Just imagine what could happen.

#crypto #eft #forex #nft #q4
3 months ago in #bitcoin by
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