bullish

Bitcoin

Green

when

Captain

<p>Bitcoin (BTC) has had a standout September, closing the month in the green, and historical patterns suggest this could be a positive sign for the coming months. According to crypto analyst Jelle,<a href="https://markets.coinpedia.org/bitcoin/" rel="noopener noreferrer nofollow"> Bitcoin (BTC)</a> may be poised for significant gains as the year progresses, this insight draws on past market behavior and current trends.</p>  
<h2 class="wp-block-heading" id="h-september-s-green-effect">September’s Green Effect</h2>  
<p>Historically, when<a href="https://coinpedia.org/news/why-is-bitcoin-price-up-today-here-what-you-need-to-know/" rel="noopener noreferrer nofollow"> Bitcoin’s price ends</a> September in the green, the cryptocurrency often experiences substantial gains in October, November, and December.&nbsp;</p>  
<p>Jelle points out that in previous years, specifically 2015 and 2016, similar patterns were observed. During those years, Bitcoin saw an average surge of 15% from its September price, marking the beginning of a broader bull run.</p>  
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  https://twitter.com/CryptoJelleNL/status/1836660924154839053
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<p>The pattern seems to be repeating itself in 2023. After a green September, Bitcoin has continued to perform well in October and November, with December also showing promise. So far, this year has seen Bitcoin prices increase by an impressive 40% till now.&nbsp;</p>  
<p>This is seen as a continuation of the historical trend where a green September leads to strong performance in the final months of the year.</p>  
<h2 class="wp-block-heading" id="h-bitcoin-to-hit-68k">Bitcoin To Hit $68K</h2>  
<p>Echoing a similar bullish stance popular crypto trader Captain Faibik’s latest analysis predicts that Bitcoin is now poised to test the $68,000 resistance area in the coming days.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/CryptoFaibik/status/1836631260254310869
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<p>Recently, Bitcoin bulls have successfully <a href="https://coinpedia.org/news/binance-trading-volume-data-hints-short-term-price-surge-for-bitcoin/" rel="noopener noreferrer nofollow">reclaimed the 60k resistance</a> area once again. The recent upward momentum could reflect broader market confidence, fueled by increasing institutional interest and optimism surrounding the long-term outlook of Bitcoin.&nbsp;</p>  
<p>As of now Bitcoin is trading around $62,152 reflecting a rise of 3.6% with a market cap of $1.22 trillion in the last 24 hours.&nbsp;</p>

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