Bitcoin Set to Smash New All-Time Highs in Q4 2024!

Institutional Crypto Research Written by Experts

Author

Markus Thielen
September 22, 2024

👇1-14) Following our bullish Bitcoin report at $54,800 on September 9, we appeared on CNBC the next day to discuss potential catalysts for a year-end rally. The market structure has shown improvement, with increased stablecoin minting and rising futures leverage. While headwinds remain—as always—major catalysts could still surprise investors.

👇2-14) Bitcoin was in a summer lull one year ago. However, as we’re not afraid to trade against consensus when the data supports it, we turned increasingly bullish, anticipating a major breakout above the $27,000 level. We outlined this in our Coindesk interview and article (September 28, 2023), where we projected a $70,000 target. Our October seasonality analysis was a critical factor in our outlook, which was still relatively unknown.

👇3-14) Although more people are now aware of this pattern, few grasp Bitcoin's full potential in the coming months. Our bold and once again contrarian prediction that Bitcoin would fall to $52,000—shared in a Coindesk interview on April 19, 2024—has materialized. The likelihood of a major breakout increases as we near the pivotal October-to-March window. Recently, our trading signals have generated multiple buy alerts for Bitcoin, Ethereum, and other cryptocurrencies. It’s Game On.

New All-Time Highs Are in Play Again for Bitcoin - line in the sand….

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