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<p>Bitcoin (BTC) surged over 8% last week, closing above $63K, driven by the <a href="https://coinpedia.org/news/bitcoin-hits-61k-as-fed-slashes-interest-rates-by-50-bps-after-four-years/" target="_blank" rel="noreferrer noopener">U.S. Federal Reserve's recent rate cut.</a> After bouncing off the 50-week Moving Average (MA), BTC is now testing the key <a href="https://coinpedia.org/price-analysis/bitcoin-price-prediction-here-are-the-crucial-levels-to-monitor-before-the-end-of-bearish-september/" target="_blank" rel="noreferrer noopener">resistance level above $64k</a>. Is this a sign of a bigger breakout?</p>   
<p>Over the past two weeks, Bitcoin’s rally has eased concerns of further crypto market declines. The Bitcoin Fear and Greed Index climbed above 50% on Monday, showing growing positive sentiment. Investors are becoming more optimistic about a potential bull run.</p>   
<h2 class="wp-block-heading" id="h-bitcoin-whales-increase-appetite">Bitcoin Whales Increase Appetite&nbsp;</h2>   
<p>As geopolitical tensions rise, especially between NATO and the BRICS movement, both Bitcoin and Gold are seeing increased demand. Gold, which recently hit a new all-time high of $2,630, could be paving the way for Bitcoin to follow in its footsteps.</p>   
<p>On-chain data shows that large Bitcoin holders, or "whales," have been significantly increasing their positions. The supply of Bitcoin on centralized exchanges (CEXs) has dropped to multi-year lows, from 2.7 million units in March to about 2.3 million now. This trend aligns with the optimistic outlook for <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin's price</a> in the months ahead.</p>   [post_titles_links postid="354104"]   
<p>In the last 30 days, over 91,100 Bitcoins have been withdrawn from major exchanges like Binance and Coinbase Pro. Meanwhile, U.S. Bitcoin ETF issuers have accumulated nearly $800 million in BTC over the past two weeks, reflecting growing institutional interest.</p>   
<h2 class="wp-block-heading" id="h-exciting-predictions-for-q4">Exciting Predictions for Q4 </h2>   
<p>After a weak performance in Q3, Bitcoin is expected to rebound strongly in Q4, with predictions that it could reach around $100K by year-end. While there’s still a chance of retesting the $55K support level, many indicators suggest the bulls are gaining momentum.</p>   
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<p>The weekly <a href="https://coinpedia.org/traders/what-is-relative-strength-index-rsi/" target="_blank" rel="noreferrer noopener">Relative Strength Index</a> (RSI) has already rebounded above the 50 percent level and broken out of a falling logarithmic trend. A consistent close above the 200-day Moving Average will propel Bitcoin price towards the <a href="https://coinpedia.org/price-analysis/bitcoin-eth-xrp-price-prediction-bull-run-ahead/" target="_blank" rel="noreferrer noopener">next major milestone of about $69k</a>.</p>   
<p><strong>Do you think Bitcoin will hit $100K by year-end, or are the bears lurking?</strong></p>

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