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?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.