Bitcoin's 'Uptober' Is Coming, $100K Is The Target For Q4, Says Trader
Portfolio Pulse from Khyathi Dalal
Crypto trader Stockmoney Lizards predicts Bitcoin's price to reach $100,000 in Q4 2023, driven by bullish signals and ETF interest, despite geopolitical risks.
September 26, 2024 | 2:11 pm
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Bitcoin is predicted to reach $100,000 in Q4 2023, driven by bullish signals like a bull flag and RSI crossing, alongside increased ETF interest. However, geopolitical risks pose potential bearish threats.
The trader's analysis highlights a bullish outlook for Bitcoin, supported by technical indicators and increased ETF activity. The Federal Reserve's interest rate cut adds to the positive sentiment. However, geopolitical conflicts could introduce volatility.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100