Bitcoin has halted its three-week decline, reclaiming the $112,500 support level, signaling a potential stabilization phase. The Bitfinex Alpha report suggests this could lead to a bullish fourth quarter, with a possible breakthrough above $116,000. Historically, Q4 has been a period of increased activity and positive price action for Bitcoin, driven by growing institutional interest and anticipation of the next halving cycle. Despite the optimism, market volatility and external economic conditions remain factors to watch.
Bitcoin Rebounds, Reclaims $112,500 Support Amid Q4 Optimism
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