A CryptoQuant executive predicts that Bitcoin will rise in the fourth quarter
CryptoQuant Research Director Julio Moreno shared his expectations on X, stating that Bitcoin is likely to rise in the fourth quarter of this year. After a deep study of Bitcoin's price performance in halving years, Moreno found that Bitcoin's performance so far this year is very similar to its performance in 2016 and 2020. Moreno said: "If the price is going to rise, it will be in the fourth quarter."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jupiter: WET token public sale phase sold out, HumidiFi project raised a total of $5.57 million
Thai authorities seize bitcoin mining equipment worth $8.6 million from a transnational fraud syndicate
The European Commission proposes to expand ESMA's regulatory powers over cryptocurrencies and capital markets.
BlackRock CEO: Some sovereign funds bought bitcoin during the recent bitcoin downturn