The post 5 Things To Expect from Bitcoin Price Based on Historical Trends appeared on BitcoinEthereumNews.com.

Historical trends have always been used to analyze Bitcoin price and provide insights into the crypto’s future trajectory. Although these trends don’t always play out the same way, they tend to rhyme and give a pattern, indicating what to expect from the leading crypto. In line with this, there are certain things to expect from BTC heading into the fourth quarter of this year and 2025. Bitcoin Price To Benefit From Rate Cuts Bitcoin price is set to benefit from the rate cuts projected to begin at the next FOMC meeting, which will be held between September 17 and 18. Historically, rate cuts by the US Federal Reserve have been considered bullish for BTC since this quantitative easing (QE) leads to an increase in the money supply, with investors having more capital to spend on risk assets like Bitcoin. The Fed’s last rate cut came in March 2020, marking the beginning of a bull run for the flagship crypto, which rose to an all-time high (ATH) of around $69,000 in November 2021. When the rate cut happened, BTC was trading at around $7,000. As such, something similar could play out again, especially with its price expected to peak by year-end 2025. Three Consecutive Green Months In Q4 Bitcoin could enjoy three consecutive green months in the last quarter of this year. Coinglass’ data shows that the flagship crypto has historically enjoyed positive monthly returns in October, November, and December in the previous two halving years. This halving event again occurred this year, meaning that the coin could finish the last three months of this year in the green.   Another reason crypto natives are confident that this historical trend could play out this way is how the crypto has performed this month. September has often been bearish for BTC, and…

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Filed under: News - @ September 13, 2024 11:28 am