Bitcoin could make a parabolic move soon.

in #bitcoin2 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.

Coin Marketplace

STEEM 0.20
TRX 0.19
JST 0.034
BTC 91309.02
ETH 3119.19
USDT 1.00
SBD 2.91