The research firm K33 Research has identified several factors that are likely to contribute to a bullish outlook for Bitcoin in the fourth quarter of 2024. These include changes in global monetary policy, increased liquidity efforts by China, and the recent approval of institutional options trading for BlackRock's spot Bitcoin ETFs by the SEC. K33 Research believes that these developments will create upward momentum for Bitcoin and attract increased demand in the ETF market. However, regulatory clearances from the CFTC and OCC are still needed before options trading can officially begin. It is important to note that this summary does not constitute investment advice.



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