Bitcoin's performance in September has exceeded expectations and could lead to significant gains in the fourth quarter, according to analyst Eric Crown. Historical data suggests that when Bitcoin closes September in the green, it tends to have a positive fourth quarter, with an average return of 170%. Despite a recent price dip, Bitcoin is still up over 8% this month and could potentially finish September in a positive position. Analyst James Check notes that Bitcoin's market momentum is back to neutral and it is showing a high level of correlation with gold and equities, which could be seen as a positive development.
- Content Editor ( u.today )
- 2024-09-30
Key Reason Why Bitcoin Might Have Massive Q4