Bitcoin Closes September in Bullish Green, 8% High Close Sparks Greater Expectations for Q4


Bitcoin Closes September in Bullish Green, 8% High Close Sparks Greater Expectations for Q4

  cryptonewsland.com 01 October 2024 08:12, UTC

  • Bitcoin (BTC) closes September at an 8% high bullish BTC price.
  • The asset has now set high expectations for a bullish Q4.
  • Presently, the crypto market is experiencing a healthy correction.

Bitcoin price slips below $64,000 once again but with September ending with a bullish close and high sentiments for October, the crypto market is highly bullish for the start of Q4. Presently, the bullish sentiment is reflecting on the Crypto Fear & Greed Index, where the slight dip has pulled back the score to a neutral 50.

Bitcoin Closes September With 8% Pump

Despite this, the sentiment from seasoned crypto traders and investors point to a massive pump as we head into Q4. In detail, the close of BTC price much higher than the $59,000 price level has confirmed a green close for September.

UPDATE: This has been the best-performing September for #Bitcoin!

Uptober starts tomorrow. pic.twitter.com/9PwZ1ddHyy

— Cointelegraph (@Cointelegraph) September 30, 2024

Bitcoin and Crypto Prepares for Bullish Q4

Moreover, BTC price closed at 8.8% increase in September meaning the pioneer crypto asset has set the best-performing September so far. This is a highly bullish signal for Bitcoin and the greater crypto market. Historically, Q4 has always been green especially in a Bitcoin Halving year and this record-breaking bullish September close makes the expectation for a bullish Q4 even greater.

This has been the best-performing September for Bitcoin.

Although $BTC is experiencing a pullback right now, it is still up over 8% this month.

And whenever Bitcoin closes green in September, Q4 has been mega bullish.

Are you ready for a mega-bullish Q4? pic.twitter.com/Wh9JBdEcmZ

— Lark Davis (@TheCryptoLark) September 30, 2024

As we can see from the post above, seasoned traders are pleased to see BTC close over 8% for September. Presently, Bitcoin is experiencing a pullback pointing to a healthy correction before the start of the expected bullish Q4. Many analysts are calling this the biggest bull run so far and many signals are pointing to the high possibility of a mega bullish Q4.

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