{"id":645591,"date":"2024-10-01T22:00:50","date_gmt":"2024-10-01T22:00:50","guid":{"rendered":"https:\/\/uniquehot.com\/?p=645591"},"modified":"2024-10-01T10:01:26","modified_gmt":"2024-10-01T10:01:26","slug":"major-catalyst-bitcoin-ath-q4","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin\/major-catalyst-bitcoin-ath-q4\/","title":{"rendered":"Major Catalyst That Could Drive Bitcoin To New ATH In Q4 Emerges"},"content":{"rendered":"

With the start of the highly anticipated Uptober here, market experts have been <\/span>super bullish on the Bitcoin future outlook<\/span><\/a>. In line with this, a crypto analyst has identified a major catalyst that could propel Bitcoin to new all-time highs (ATHs) in the <\/span>Fourth Quarter (Q4) of 2024<\/span><\/a>.\u00a0<\/span><\/p>\n

Bitcoin Sets Sights On New ATH In Q4<\/h2>\n

Bitcoin has been on a roll these past few days, with its <\/span>price skyrocketing<\/span><\/a> towards the end of September after experiencing a decline earlier. The cryptocurrency has been confirming analyst\u2019s predictions of a bullish Q4 with its <\/span>recent price movements<\/span><\/a>.\u00a0<\/span><\/p>\n

Related Reading: XRP Price Ready For 4x Jump To $2.6 As Major Bullish Pattern Breaks Occurs<\/a><\/div>\n

According to CoinMarketCap\u2019s data, Bitcoin rose by about 1.03% in the past seven days, <\/span>ending September on a bullish note<\/span><\/a>. Given the cryptocurrency\u2019s positive momentum in September, crypto analyst, Eric Crown has <\/span>predicted<\/span><\/a> on X (formerly Twitter) that Bitcoin could rise to new all-time highs in Q4.\u00a0<\/span><\/p>\n

Crown has based his predictions on the <\/span>historical performance of Bitcoin<\/span><\/a>, particularly focusing on the months following September. He disclosed that historically, whenever Bitcoin closed a green September, it followed up with a bullish trend in Q4 every single time.\u00a0<\/span><\/p>\n

Following this trend, Crown has surmised that Bitcoin closing September in the green was a major catalyst for a bullish surge. As a result, he predicts that the average return for <\/span>Bitcoin in this current Q4<\/span><\/a> would be close to 170.42%.<\/span><\/p>\n

\"Bitcoin
Source: X<\/figcaption><\/figure>\n

If a few major \u201coutliers\u201d are removed, a modest return of 50% would be a more realistic expectation of potential gains. Calculating <\/span>Bitcoin\u2019s projected price<\/span><\/a> using these percentage returns would see the cryptocurrency rising to $173,344 with a 170.42% return and $96,153 with a 50% return.\u00a0<\/span><\/p>\n

While he remains generally bullish on Bitcoin\u2019s price outlook, Crown has also <\/span>disclosed<\/span><\/a> in a more recent X post that the month of October has generally seen low momentum in Bitcoin during the first 10 days. This analysis is also evident in <\/span>Bitcoin\u2019s current price<\/span><\/a> which has declined today by 0.69% and is trading at $63,976, as of writing.\u00a0<\/span><\/p>\n

Considering this trend, Crown has projected that Bitcoin is likely to witness a price low at the beginning of the month, before starting its projected bullish rally to new highs.\u00a0\u00a0<\/span><\/p>\n

Analysts Confirm Green Q4 For BTC<\/h2>\n

According to crypto analyst Kaizen, Bitcoin\u2019s price performance in October from 2013 to 2023 was 80% in the green. The analyst also <\/span>disclosed<\/span><\/a> that during every United States (US) election year, the months of Q4 were 100% green. Moreover, each year after Bitcoin closed positively in September, it always had a green October.\u00a0<\/span><\/p>\n

Related Reading: Shiba Inu Price Could Jump 200% To $0.00006 In October, Here\u2019s Why<\/a><\/div>\n
\"Bitcoin
Source: Coinglass<\/figcaption><\/figure>\n

Following this recurring historical trend, Kaizen notes that this <\/span>Q4 could be extremely bullish for Bitcoin<\/span><\/a>. He highlighted that not only is 2024 an election year, but Bitcoin has recently closed the month of September on a positive trend, as a result the cryptocurrency could be <\/span>gearing up for a major rally<\/span><\/a>.\u00a0<\/span><\/p>\n

\"Bitcoin
BTC price struggles to form support | Source: BTCUSD on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

With the start of the highly anticipated Uptober here, market experts have been super bullish on the Bitcoin future outlook. In line with this, a crypto analyst has identified a major catalyst that could propel Bitcoin to new all-time highs (ATHs) in the Fourth Quarter (Q4) of 2024.\u00a0 Bitcoin Sets Sights On New ATH In Q4 Bitcoin has been on a roll these past few days, with its price skyrocketing towards the end of September after experiencing a decline earlier. The cryptocurrency has been confirming analyst\u2019s predictions of a bullish Q4 with its recent price movements.\u00a0 Related Reading: XRP Price Ready For 4x Jump To $2.6 As Major Bullish Pattern Breaks Occurs According to CoinMarketCap\u2019s data, Bitcoin rose by about 1.03% in the past seven days, ending September on a bullish note. Given the cryptocurrency\u2019s positive momentum in September, crypto analyst, Eric Crown has predicted on X (formerly Twitter) that Bitcoin could rise to new all-time highs in Q4.\u00a0 Crown has based his predictions on the historical performance of Bitcoin, particularly focusing on the months following September. He disclosed that historically, whenever Bitcoin closed a green September, it followed up with a bullish trend in Q4 every single time.\u00a0 Following this trend, Crown has surmised that Bitcoin closing September in the green was a major catalyst for a bullish surge. As a result, he predicts that the average return for Bitcoin in this current Q4 would be close to 170.42%. If a few major \u201coutliers\u201d are removed, a modest return of 50% would be a more realistic expectation of potential gains. Calculating Bitcoin\u2019s projected price using these percentage returns would see the cryptocurrency rising to $173,344 with a 170.42% return and $96,153 with a 50% return.\u00a0 While he remains generally bullish on Bitcoin\u2019s price outlook, Crown has also disclosed in a more recent X post that the month of October has generally seen low momentum in Bitcoin during the first 10 days. This analysis is also evident in Bitcoin\u2019s current price which has declined today by 0.69% and is trading at $63,976, as of writing.\u00a0 Considering this trend, Crown has projected that Bitcoin is likely to witness a price low at the beginning of the month, before starting its projected bullish rally to new highs.\u00a0\u00a0 Analysts Confirm Green Q4 For BTC According to crypto analyst Kaizen, Bitcoin\u2019s price performance in October from 2013 to 2023 was 80% in the green. The analyst also disclosed that during every United States (US) election year, the months of Q4 were 100% green. Moreover, each year after Bitcoin closed positively in September, it always had a green October.\u00a0 Related Reading: Shiba Inu Price Could Jump 200% To $0.00006 In October, Here\u2019s Why Following this recurring historical trend, Kaizen notes that this Q4 could be extremely bullish for Bitcoin. He highlighted that not only is 2024 an election year, but Bitcoin has recently closed the month of September on a positive trend, as a result the cryptocurrency could be gearing up for a major rally.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":645602,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651],"tags":[428,656,679,1119,89185,1122,1144,78790],"class_list":["post-645591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt"],"acf":[],"yoast_head":"\nMajor Catalyst That Could Drive Bitcoin To New ATH In Q4 Emerges<\/title>\n<meta name=\"description\" content=\"With the start 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Major Catalyst That Could Drive Bitcoin To New ATH In Q4 Emerges","url":"http:\/\/uniquehot.com\/news\/bitcoin\/major-catalyst-bitcoin-ath-q4\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/bitcoin\/major-catalyst-bitcoin-ath-q4\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Bitcoin-ATH.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Bitcoin-ATH.jpeg?fit=1792%2C1024"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","bitcoin price","btc","btc news","btc price","btcusd","btcusdt"],"dateCreated":"2024-10-01T22:00:50Z","datePublished":"2024-10-01T22:00:50Z","dateModified":"2024-10-01T22:00:50Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Major Catalyst That Could Drive Bitcoin To New ATH In Q4 Emerges\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin\\\/major-catalyst-bitcoin-ath-q4\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin\\\/major-catalyst-bitcoin-ath-q4\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/Bitcoin-ATH.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/Bitcoin-ATH.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\"],\"dateCreated\":\"2024-10-01T22:00:50Z\",\"datePublished\":\"2024-10-01T22:00:50Z\",\"dateModified\":\"2024-10-01T22:00:50Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Bitcoin-ATH.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/645591"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=645591"}],"version-history":[{"count":1,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/645591\/revisions"}],"predecessor-version":[{"id":645607,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/645591\/revisions\/645607"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/645602"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=645591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=645591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=645591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}