Market Liquidity Surge Indicates Bullish Bitcoin Rally in Q4
CryptoNewsTerminal Staff06 Sep, 2024
Market Liquidity Surge Indicates Bullish Bitcoin Rally in Q4
Market Liquidity Boost Signals Q4 Bitcoin Rally According to Jamie Coutts, Real Vision's cryptocurrency market analyst, the cryptocurrency market is experiencing increased liquidity. This is a positive sign for Bitcoin's long-term performance, as liquidity is closely linked to its price movements. Coutts believes this liquidity surge is a signal of a potential rally in the fourth quarter. Historically, Bitcoin has performed well in Q4, and Coutts expects this trend to continue unless unforeseen geopolitical events occur. "Bitcoin tends to be modest every September and then rebound in the fourth quarter," said Coutts. "Unless unforeseen geopolitical issues arise, Bitcoin is expected to be strong."
