• Bitcoin price ratakes the $58,000 price mark igniting hope for a bottomed BTC price.
  • Analysts are now sharing bullish forecasts for BTC as Uptober and Q4 approaches.
  • One analyst says this cycle pump could be one of the most intense surges ever seen.

Hope blooms for the crypto market as the price of Bitcoin (BTC) reclaims the $58,000 price range. This sparks expectations for a new BTC ATH in the coming months. As September is often known as the sluggish month where Bitcoin price tends to bottom, especially during a halving year, analysts look forward to Uptober and the last months of Q4 when BTC price usually pumps spectacularly.  

Q4 Bitcoin Price Expectations

During September, many analysts expected the price of BTC to drop one last time to the $40,000 price level before shooting up to set new ATHs. Presently, this sentiment is changing as analysts who believe BTC price has already bottomed will now continue to move upwards to set massive new ATHs in the coming Q4 months of 2024.

In particular, one silver-tongued crypto and Bitcoin (BTC) analyst, known for his many accurate predictions so far, Doctor Profit, believes Bitcoin (BTC) is in a long sideways movement that will end soon. Once it ends it will take Bitcoin price to a new ATH between the price range of $87,000 and $88,000 .

Analysts Share Bullish BTC Price Predictions

Doctor Profit believes that once this price level is reached, the crypto market will finally enter the long-awaited crypto bull cycle. During this phase, Bitcoin (BTC) could pump even harder to set new ATHs at $111,000 and $220,000 . Similarly, another analyst expects to see bullish price movements for Bitcoin (BTC). 

The next #Bitcoin (BTC) levels we have in sight, above $67,559, is $116,000+.

That level is nearly 100% away and a push to it can be at a greater intensity than anything we've seen in years! pic.twitter.com/kkaLQ9dCr3

— JAVON⚡️MARKS (@JavonTM1) September 12, 2024

As we can see from the post above, this analyst expects Bitcoin to first surpass the $67,559 price mark before surging ahead to set a new ATH over the price of $116,000. He remarks how this is a target that’s nearly 100% pump from the initial target, saying this coming cyclic pump could be one like no one’s ever seen before.

Read CRYPTONEWSLAND on google news

disclaimer read more

Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.