CryptoQuant Analyst Predicts Massive Bitcoin (BTC) Surge in Q4 – Here’s Why!

Quick Summary:

Since then, it has been trading within a narrow range, fluctuating between $57,000 and $63,000.

Julio Moreno, Head of Research at CryptoQuant, has observed that Bitcoin’s performance in 2024 is similar to its behavior in the halving years of 2016 and 2020.

The ratio of long-term holders to short-term holders has risen by 8.7% in the past month, showing that LTHs now command a larger portion of the market.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: Moreno Crypto Predicts 2024 Performance Been Surge Years Bitcoin Price Bitcoin’s

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-17 @ 10:06:48 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 346 words

Reading Time: 2 minutes read

Sentences: 32 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22114642

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