Q4 crypto rally likely to be extraordinarily high, fueled by BTC $65K breakout!

in Tron Fan Club16 hours ago

If we look at the past charts, the next three months could be an important time for us. The next three months in particular are very important months for Bitcoin and the past charts prove this where the price of Bitcoin increases significantly from October to December. Over the last few days, Bitcoin prices have fallen and are currently trading above the $65,000 price level. A bullish rally is likely in the highly anticipated fourth quarter following Bitcoin's return to this price. Moreover, if we look at the Bitcoin prices in the past charts, we can see that the Bitcoin price increases by a few percent in the month of October and by 20 to 30 percent in the month of November.

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As such, the possibility of a rally in the price of Bitcoin in the next three months i.e. a Q4 period is exceptionally high. Past records seem to indicate so. Bitcoin's current price breakout above $65,000 has fueled fears of a return to the altcoin market or loss of FOMO. If there are no exceptions then we can see a big upside horizon in the next three months i.e. fourth quantum. However, while Bitcoin's price is rising, other altcoins are pumping pretty well. And that could spread even more FOMO across the crypto space. Currently other coins are doing pretty well and hopefully they will do well and be ahead of the price growth by a few percent.

If we count over the last seven days, it can be seen that the top 100 cryptocurrencies have gained. So they have increased by more than a third. Altcoins have become a popular investment along with the rise in the price of Bitcoin these days. For example, if we look at the figures for the last 24 hours, we can see that Shiba Inu has regained the top spot in trading volume in South Korea. Hints of rising speculation and set the stage for a possible Q4 rally. When the price of Bitcoin rises, investors are usually seen taking more entries into the market. And that bodes well.

Most interestingly, Bitcoin's dominance has waned somewhat amid the rise of the Altcoin market. Usually, when the price of Bitcoin goes up in a good position, most investors invest in altcoins. Traders often use this metric to measure potential capital transfers from Bitcoin to altcoins. For example, with the price of Bitcoin currently rising above $65,000, the Crypto Fear and Grade Index has risen since yesterday, reaching a "greed" score of 61. The altcoin is about to break out of a multi-month downtrend. Moreover, another important point here is that the Fed's interest rate cut this month will only increase interest in altcoins. Falling interest rates make traditional investments like bonds and term deposits less attractive to investors. This is just the beginning of the altcoin bull run, predicting even bigger gains ahead.

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 14 hours ago 

We can actually be seeing the bitcoin breaking away from the trends it is having and we might even see BTC hitting $70k and even much more. In fact I will say it is something to definitely look out for

Q4 crypto rally is likely to be extraordinarily high, fueled by BTC $65K breakout! Is a great post.

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