Bitcoin / TetherUS

Bitcoin bullish pennant formation occurring on a 4-hr chart

90
Expert Predictions for Bitcoin's (BTC) Price in October 2024:
•Bloomberg Intelligence: Forecasts a potential price surge driven by FOMO and increased media attention, with an estimated average price of $78,300
•Fundstrat: Expects Bitcoin to reach $80,000-$87,917, averaging $83,333¹.
•CoinDesk: Suggests a potential rally to $78,000-$85,853, with an estimated average price of $82,000.
CryptoCompare: Predicts a trading range of $63,507-$80,197, with an average price of $71,852

October 2024 Probability Estimate:
Based on these predictions, here's a rough estimate of Bitcoin's price movement probabilities:
• Bullish Scenario (25%): $85,000-$90,000
• Optimistic Scenario (40%): $78,000-$82,000
• Neutral Scenario (25%): $68,000-$75,000 (sideways trading)
• Bearish Scenario (10%): Below $60,000.

What's your prediction for Bitcoin's price in October 2024? Will it soar to new heights or experience a correction?

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.