Bitcoin, Ethereum, Dogecoin Set For Rally With Q4 Bullish Predictions
September is typically a slow month for risk-on assets like cryptocurrencies. However, following this expected dip, crypto prices are anticipated to recover significantly by the end of 2024. According to this year’s Q4 bullish predictions, Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and ETFSwap (ETFS), a promising emerging cryptocurrency, are poised to lead this Q4 rally.
Bitcoin (BTC): Historical Trend Projects A Bullish Q4
Historically, Bitcoin’s price tends to lag in the third quarter (Q3). However, the tide often turns in October. Prominent analyst Axel Adler has noted that Bitcoin (BTC) has experienced an average increase of 26% in the fourth quarter since 2019. For instance, in October 2023, Bitcoin (BTC) was trading at around $26,000, but by December, it had surged to $44,000.
In 2021, Bitcoin (BTC) climbed from $40,000 to $69,000 between September and November before seeing a slight drop in December. A similar trend occurred in 2020 when Bitcoin’s price doubled during Q4. If this pattern continues, Bitcoin’s price could rise by 26% in the early months of Q4, potentially reaching $71,974.
ETFSwap (ETFS): Easiest Way To Earn Big In This Q4 Rally
ETFSwap (ETFS) is also one of the tokens set to rally significantly this Q4 2024, placing it on the list of this year’s must-have coins. As a new token, the platform aims to redefine the $97 billion global ETF trading market with its premier decentralized protocol.
By merging the best features of DeFi and TradFi, ETFSwap (ETFS) will provide users with permissionless access to major institutional ETFs, allowing them to trade tokenized versions of commodities like gold, oil, gas, coal, and more. Asides granting traders easy access to the ETF market, ETFSwap will also offer its investors the option to trade long and short perpetual futures at up to 50X leverage, allowing them to rake in profits up to 5,000% on all trades.
Furthermore, users can also earn up to 36% from staking in the liquidity pool and an impressive 87% for holding the platform’s ETFS token. Unlike Bitcoin, Ethereum, and Dogecoin, which have already launched and demonstrated their assets and profit potential, ETFSwap (ETFS) remains in its presale stage, offering a unique advantage. Traders still have the opportunity to earn up to 200% in the next presale stage and potentially 10,000% after the platform’s launch in Q4.
Q4 Bullish Prediction Shows Ethereum (ETH) Poised For Breakout
The Q4 bullish sentiment extends beyond just Bitcoin, as market analysts are also focusing on Ethereum (ETH) for a potential rally. Despite Ethereum’s challenges in breaking through the $2,700 resistance level, analysts like Poseidon and Elja Boom anticipate a price surge in the fourth quarter of 2024.
They observe that Ethereum’s price action has been consolidating, paving the way for a breakout above the psychological barrier of $3,000. Additionally, significant accumulation of Ethereum tokens by whales indicates a growing confidence in an upcoming rally.
Dogecoin (DOGE) Set For Parabolic Spike In Q4
Dogecoin (DOGE) is currently in its third market cycle, with ongoing consolidation along the trendline resembling patterns from previous cycles. Historically, such consolidations have led to parabolic spikes in Dogecoin’s price, and analysts expect a similar occurrence in Q4 of 2024, potentially allowing Dogecoin to break and sustain a price above $0.12.
On-chain data further reinforces a bullish outlook for Dogecoin. Currently, 74% of holders are in profit, and large holders control 62% of the total supply. In the past week, transactions over $100,000 totaled $1.2 billion, while total exchange net flows reached $23.52 million. These on-chain signals suggest a positive market sentiment, with a summary rating of 4 (mostly bullish).
Conclusion
As the fourth quarter approaches, the crypto market’s historical trends and current analyst projections suggest that the bearish pressures of September could give way to a robust rally with Bitcoin, Ethereum, Dogecoin, and ETFSwap (ETFS) at the forefront. However, ETFSwap (ETFS) offers the best chance for significant profits due to its innovative platform features and the growing ETF market. Investors and traders are encouraged to invest in ETFSwap (ETFS) at its current price of $0.03846 for potential gains of up to 10,000%.
For more information about the ETFS Presale:
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
