bullish

Bitcoin

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<p><strong>Key points</strong>:</p>  
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 <li><em>QCP Capital analysts remain optimistic about continued risk-on sentiment in equities and bitcoin following a robust September driven by economic stimulus in China and the Federal Reserve’s recent monetary policy shift.</em></li>  
 <li><em>Historically, a positive September has resulted in bitcoin finishing higher in October, November, and December, according to Coinglass data.</em></li> 
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<h5 class="wp-block-heading"><strong>QCP Capital predicts positive Bitcoin outlook for Q4, citing strong September performance, economic stimulus from China, and the Fed’s monetary policy shift as key drivers.</strong></h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/09/telegram-cloud-photo-size-5-6330345791155193083-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/09/telegram-cloud-photo-size-5-6330345791155193083-y-1024x576.jpg" alt="QCP Capital Predicts Positive Bitcoin Outlook for Q4" class="wp-image-285025"></a>
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<h2 class="wp-block-heading" id="strong-qcp-capital-predicts-positive-bitcoin-outlook-for-q4-strong"><strong>QCP Capital Predicts Positive Bitcoin Outlook for Q4</strong></h2>  
<p>QCP Capital still feels great about Bitcoin's performance for Q4 after a 'pretty strong September.' As such, the reasons for sustained risk-on sentiment will be fundamentally supported by global economic factors.</p>  
<p>Analysts foresee further gains for Bitcoin after a 7% rise in September and favorable macroeconomic shifts, such as the stimulus measures by China. A breakout above $70,000 could fuel momentum, <a href="https://www.theblock.co/post/318664/qcp-capital-forecasts-continued-risk-on-sentiment-for-bitcoin-after-strong-september" target="_blank" rel="noopener noreferrer nofollow">according to The Block</a>.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read more:<a href="https://coincu.com/242737-revolut-paused-some-crypto-services-by-fca/" target="_blank" rel="noopener noreferrer nofollow"> </a><a href="https://coincu.com/281224-qcp-capital-volatility-signal-predicts-crypto/" target="_blank" data-type="link" data-id="https://coincu.com/281224-qcp-capital-volatility-signal-predicts-crypto/" rel="noopener noreferrer nofollow">QCP Capital Volatility Signal Predicts Crypto Market Surge Ahead</a></strong></p>  
<h2 class="wp-block-heading" id="strong-bitcoin-expected-to-benefit-from-continued-global-easing-strong"><strong>Bitcoin Expected to Benefit from Continued Global Easing</strong></h2>  
<p>QCP Capital analysts are still optimistic that Bitcoin will perform well as monetary easing and risk-on sentiment spreads in equities. They see the cryptocurrency gaining during October, November, and December.</p>  
<p>Analysts say Bitcoin won't let go of its uptrend with economic stimulus from China and hedge funds being bullish on technology stocks, meaning good macro conditions for the number one cryptocurrency.</p>  
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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QCP Capital Predicts Positive Bitcoin Outlook for Q4

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