Bitcoin

Momentum

<ul>
  
 <li>Bitcoin historically performs well in Q4 post-halving years.</li>   
 <li>Recent ETF outflows signal potential market uncertainty.</li>   
 <li>Q4 momentum may face challenges despite positive historical trends.</li> 
</ul>   
<p>Historically, the final quarter of the year has been a strong one for Bitcoin in the years following a <a href="https://cryptonewsland.com/bitcoins-historic-halving-patterns-signal-potential/" target="_blank" rel="noreferrer noopener">halving event</a>. This year appears to be on a similar trajectory, despite some volatility.&nbsp;</p>   
<p>Bitcoin rebounded from midweek declines, climbing by 2.3% to reach $60,320 on Thursday. But the big question is, will this momentum continue, or are we in for a bumpy ride?</p>   
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   https://twitter.com/Washigorira/status/1829595869785833701 
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<h2 class="wp-block-heading" id="h-the-summer-slump-and-what-s-ahead">The Summer Slump and What's Ahead</h2>   
<p>Summertime in the <a href="https://cryptonewsland.com/another-crypto-market-dip-strikes-bullish/" target="_blank" rel="noreferrer noopener">crypto market</a> often feels like watching paint dry—slow and frustrating. But for those who can hang in there, the reward is usually worth it.&nbsp;</p>   
<p>The recent price recovery, while promising, may not last long. On-chain data paints a more cautious picture, with negative exchange funding rates suggesting potential headwinds.&nbsp;</p>   
<p>Moreover, <a href="https://www.investopedia.com/spot-bitcoin-etfs-8358373" target="_blank" rel="noreferrer noopener nofollow">US spot Bitcoin ETFs</a> reported significant outflows on Wednesday, the second consecutive day of losses. This outflow amounted to a hefty $105.3 million, leading to a 0.64% dip in Bitcoin’s price and briefly pushing it below the $58,000 mark.</p>   
<h2 class="wp-block-heading" id="h-etfs-and-market-dynamics">ETFs and Market Dynamics</h2>   
<p>The activity around Bitcoin ETFs is a critical factor in gauging investor sentiment and market dynamics. The continuous outflows from US spot Bitcoin ETFs over the past two days could indicate growing uncertainty among investors.&nbsp;</p>   
<p>These ETFs currently hold about $46.02 billion in Bitcoin reserves, a figure that has been on a downward trend since late July. If this decline continues, it could pose challenges for Bitcoin’s price, despite the typically bullish trends seen in Q4.</p>   
<p>While historical patterns suggest that the fourth quarter should be a time of growth for <a href="https://bitcoin.org/" target="_blank" rel="noreferrer noopener nofollow">Bitcoin</a>, current market signals should be taken into account. As we move deeper into the year, it’s important to stay informed and keep a close watch on these key metrics.</p> 
<p>The post <a href="https://cryptonewsland.com/bitcoins-q4-momentum-vs-etf-outflows/">Will Bitcoin’s Q4 Momentum Hold Amid ETF Outflows?</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Will Bitcoin’s Q4 Momentum Hold Amid ETF Outflows?

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