Bitcoin closed September in the green, which has historically led to gains in the following months. Crypto analyst Jelle predicts a bullish end to 2024 based on Bitcoin's past September surges. Analyst Captain Faibik believes that Bitcoin could soon test the $68,000 resistance level. The historical pattern of a green September leading to strong performance in October, November, and December seems to be repeating itself in 2023, with Bitcoin prices already increasing by 40% this year. The recent reclaiming of the 60k resistance area by Bitcoin bulls reflects growing market confidence. Bitcoin is currently trading around $62,152 with a market cap of $1.22 trillion.
Analyst Jamie Coutts Says Crypto Market Could Be in the Final Throes of a Bearish Phase – Here’s Why