๐จ BITCOIN Q4 OUTLOOK: โEPIC RUNโ MAY BE AHEAD
Bitcoin just closed out Q3 with roughly a 40% gain, and Abra CEO Bill Barhydt believes the move could have much further to run.
๐ Key Points:
โข BTC gained ~40% in Q3
โข Barhydt expects an โepic runโ over the next 18 months
โข Spot Bitcoin ETF inflows remain a major market factor
โข Strategy recently added 1,665 BTC
โข Bitcoinโs fixed supply remains central to the bullish thesis
โข Lower leverage could mean a different market structure than previous rallies
โข Barhydt still warns major altcoins can experience 90% drawdowns
๐ Market Insight: The key story is not simply price momentum. Barhydt argues that shrinking readily available BTC supply, institutional demand and liquidity conditions could support another major expansion.
But his โepic runโ view is an expert thesisโnot a guaranteed Q4 outcome.
๐ช Asset to Watch: BTC
#Bitcoin #BTC #Crypto #BitcoinETF #CryptoMarket $BTC
Bitcoin just closed out Q3 with roughly a 40% gain, and Abra CEO Bill Barhydt believes the move could have much further to run.
๐ Key Points:
โข BTC gained ~40% in Q3
โข Barhydt expects an โepic runโ over the next 18 months
โข Spot Bitcoin ETF inflows remain a major market factor
โข Strategy recently added 1,665 BTC
โข Bitcoinโs fixed supply remains central to the bullish thesis
โข Lower leverage could mean a different market structure than previous rallies
โข Barhydt still warns major altcoins can experience 90% drawdowns
๐ Market Insight: The key story is not simply price momentum. Barhydt argues that shrinking readily available BTC supply, institutional demand and liquidity conditions could support another major expansion.
But his โepic runโ view is an expert thesisโnot a guaranteed Q4 outcome.
๐ช Asset to Watch: BTC
#Bitcoin #BTC #Crypto #BitcoinETF #CryptoMarket $BTC
