Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Bitcoin Bull Run Imminent: Analyst Predicts Q4 Surge After Halving

Bitcoin Bull Run Imminent: Analyst Predicts Q4 Surge After Halving

Coinedition2024/09/12 16:00
By: Ikemefula Aruogu
BTC-0.22%RSR-0.11%
  • Crypto analyst foresees a sustained bull run for Bitcoin.
  • October is one of Bitcoin’s historical bullish months.
  • The crypto market can do well even during a recession.

Crypto analyst and host of the Crypto Capital Venture podcast , predicts a significant Bitcoin bull run is on the horizon. Citing Bitcoin’s recent price action and historical patterns, the analyst highlighted the cryptocurrency’s tendency to surge in the fourth quarter of its halving year.

Read also: Bitcoin Halving’s Delayed Impact: Bull Run in Q4?

October is historically a bullish month for Bitcoin, with positive returns in nine of the past eleven years, according to Coinglass data. The analyst also noted that every month of the fourth quarter in the last two Bitcoin halving years saw positive returns for the cryptocurrency.

Rate Cuts and Market Momentum

Turning to macroeconomic factors, the analyst pointed out the historical impact of rate cuts on financial assets. The SP 500 has posted positive returns 12 months after the initial rate cut 86% of the time. With the Federal Reserve planning a rate cut later this month, a sustained rally across both financial and digital asset markets is possible.

The analyst stressed that market data often tells a different story than public sentiment. They dismissed the idea of a recession causing a prolonged bear market, emphasizing that markets and the economy are not always in sync.

Looking at the total crypto market cap, the analyst noted a 33% drop from its all-time high, a less severe pullback than the 50% decline seen in the previous cycle over a similar period. They also highlighted that the total crypto market cap hasn’t retested its all-time high in this cycle, despite Bitcoin reaching a new peak.

A confluence of these indicators suggest significant momentum is building in the crypto market. The analyst believes Bitcoin is on the cusp of a sustained bull run, potentially pulling the rest of the crypto market along with it and fulfilling the long-awaited parabolic rally of the current bull cycle.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!
Bitget Announcement2025/09/12 07:46
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
New spot margin trading pair — LINEA/USDT!
Bitget Announcement2025/09/11 10:04

Trending news

More
1
New spot margin trading pair — HOLO/USDT!
2
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,733.58
+0.35%
Ethereum
Ethereum
ETH
$4,709.44
+3.75%
XRP
XRP
XRP
$3.11
+1.89%
Tether USDt
Tether USDt
USDT
$1
+0.00%
Solana
Solana
SOL
$242.69
+1.97%
BNB
BNB
BNB
$924.86
+1.79%
USDC
USDC
USDC
$0.9997
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2834
+8.47%
TRON
TRON
TRX
$0.3538
+1.37%
Cardano
Cardano
ADA
$0.9278
+2.96%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter