Since Bitcoin has proven to be inversely correlated with the US Dollar, Q4 could be bullish for Bitcoin indeed if the USD shows the expected weakness with the potential formation of a massive H&S on the daily coupled with the bearish news as of late.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.