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SURPRISE: CRYPTO TURNING BULLISH IN Q4 (Eruptions Market Report 10-18-24)

Bitcoin was posting further gains on Wednesday, reaching as high as $68,390 — its loftiest level since July 29. The largest cryptocurrency was last trading at around $68,015 Wednesday afternoon, up more than 60% year to date, while remaining 7.8% away from its record high of $73,798 reached in March.


Bitcoin has risen recently as betting markets have pointed to higher odds of a Donald Trump victory in the U.S. presidential election next month, according to Chris King, chief executive and founder at Eaglebrook, a crypto-investment platform. 



As expected, and predicted, Bitcoin is turning bullish in the beginning of Q4. Now you are starting to see news beginning to turn bullish as well (notice how there was no bullish news during the best times to buy over the summer, only bearish news).




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