Can Bitcoin End Q4 on a Positive Note? Here's What the Experts Think

Bitcoin is currently facing significant challenges, having fallen 20% from its peak and needing a 10% rebound to break even for the quarter. Analysts attribute this downturn to macroeconomic and geopolitical factors, such as U.S.-China tensions, a potential government shutdown, and reduced liquidity. Bitcoin's performance has been volatile, recently dipping below its 200-day moving average, amidst market uncertainty. However, some experts remain optimistic about a potential recovery. They highlight that if inflation remains contained and liquidity improves, Bitcoin could finish the fourth quarter positively. Key driving factors for this outlook include possible Federal Reserve rate cuts and rising inflows into Bitcoin ETFs. Despite current caution and diminished liquidity in the market, analysts believe a shift in macro conditions could pave the way for Bitcoin to regain its footing by year-end, making it crucial to monitor upcoming economic indicators and market trends closely.

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