Bitcoin bullish pennant formation occurring on a 4-hr chart
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?
•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?
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.