Analysts prepare for Q4 of 2024 as BTC and altcoin charts show bullish signs.
Non-technical factors like low crypto searches on Google feed bullish sentiment.
XRP and BTC are set to set monumental new ATH in the coming bull run months.
Bitcoin (BTC) is only 155 days into its latest Bitcoin Halving event. This historic event is often followed by the start of the bull run after 170 days and peaks after 480 days since the Bitcoin Halving event. Thus, crypto analysts eagerly await the start of the bull run which, if historical patterns were to repeat itself once again, is only
15 days away
.
Many analysts have shared their thoughts on the bull run kicking off in about two weeks. Besides this historical pattern fueling bullish sentiment, the BTC price chart has signalled other major bullish indicators as well. To highlight, Bitcoin price chart has confirmed a golden cross, a
bullish hidden divergence
, and a cup and handle pattern.
Another bullish sign is highlighted by another crypto community member. This user notices that Google searches for ‘crypto’ are extremely low at the moment despite BTC price being over $60,000. This, he implies, is a huge bullish indicator for Bitcoin and the entire crypto market.
#crypto
searches on Google are extremely low while
#Bitcoin
is above $60,000
Very bullish indicator
pic.twitter.com/ZoaZb7e99C
— Quinten | 048.eth (@QuintenFrancois)
September 22, 2024
Adding to this sentiment is the fact that Q4 in every Bitcoin Halving year has been green, the coming months are shaping up to be
incredibly bullish
with high expectations for the long-awaited start of altseason and many analysts expect BTC and altcoins to set new ATHs during this bullish phase.
In particular, one crypto analyst expects the price of BTC to exceed the extremely key level of $67,669 very soon. He believes having hit this target, BTC price will surge towards his prediction of an
$116,600 ATH
in the thick of the bull run phase.
$XRP
back in 2018
This could happen again
You have been warned
pic.twitter.com/6ozlbKbnu8
— Crypto Assets Guy (@cryptoassetsguy)
September 21, 2024
The reputed XRP altcoin reflects similar bullish waves. Ripple’s XRP has come out stronger from its long-fought battle with the SEC and is finally expected to make a comeback like the likes of 2018 and greater. Analysts expect XRP to lead the crypto rank list and set new ATHs in the coming months.
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XRP與比特幣預計將於2024年第四季迎來驚人漲幅創新高在望
