Bitcoin is grinding right around the $50,000 USD price right now and many including myself are expecting a Bitcoin run in Q4 2021.
Bittrex 30 minute candles
The announcement explains that “The primer provides an investment framework for the digital asset landscape.” The topics it covers include smart contract applications, stablecoins, central bank digital currencies (CBDCs), and non-fungible tokens (NFTs).
Even Bank Of America is noticing an entire economic opportunity. Some will remember how the dot.com hype in the 90s created an entire economic opportunity and for years Bitcoin fans have said Bitcoin would also provide Global shifts in economic powers, and it seems that is playing out before our eyes.
Notice however the mention of Smart Contracts and NFTs which ETH is a major player in that space with about 10 "ETH KILLERS" fighting for the people ETH wealth has left behind.
Phase 1 is Nations, Banks and International Corporations see the value of crypto and start talking about it. Next the general public will get FOMO, think 2017.
A marketing suggestion to the Tribes and Pride of Hive, it's going to start slow but there is a still a real market need for decentralized publishing, education and Social Media all of which are good fits on Hive as well as games. We need Normal Human Stories of how Leofinance, POB, and other projects are changing lives.
I wonder how many millionaires Splinterlands has made so far. I know of a few, but it's not my place to say their names.
Cryptocurrency has in my opinion a huge mega adoption coming over the next 5 years or so. I got to ride that wave in the dot.com era and here I am looking for a second wave.
Back to Bitcoin, many are still calling for $100,000 USD by End Of Year (EOY). Some are suggesting it could go higher. I'm feeling confident we break ATHs of $64,999 by the EOY. However, I fully acknowledge a bias and you shouldn't consider this as financial advice, but rather me justifying how I spend my time and money! lol
Don't take my word for it.. DYOR.
How do you think Q4 is going to go?
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BTC will get the attention from Legal sectors & it might support other legitimate tokens to extend their eco systems. With or without crypto currency, blockchain technology will be the future of IT related systems in near future. So, everything happened the day BTC started it's first block!
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It's already over $51,000. $60,000 will come sooner than we think and once it blasts through previous ATH we will literally have days until it touches $100,000. I see a lot of selling near that level coming from retail, many institutions will hold for indefinite time though. The most fun part of the crypto space has just started.
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I'm pretty bullish too, but the real momentum will happen in November.
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Am hoping that this bull will continue. Past three years statistics has shown Bitcoin to show bullish trend in month of October. Let's wait and see what happens .
While I can't predict any better than anyone else, it seems the end of the year might bring a nice growth.
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Lol...seeing as you asked...i expect q4 to include the biggest global economic crash in over 90 years.
How this will affect cryptos is a more complex question.
But in the streets of NZ walking past all the shops up for lease, nobody gives a toss about cryptos...
I also think the global economics are in for a rough road. They will duct tape it together for a while.
However, I think many smart people with buying power will be hedging fiat with crypto.
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Am all for a Q4 bull-run. Am even looking beyond this year, next year will have some pretty big things in store for the cryptoverse the way I see it
It sure seems like all sorts of new crypto use cases are ready to launch
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It's now or never. I expect massive moves to unfold as the year winds down. I mentioned a week or two ago that I expected some sideways movement for a month or so, prior to a serious blast-off! It's almost time...
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I have been feeling really good in this month of October,Bitcoin has a major role to play in that. Let’s be optimistic for continuous bullish trend
Uptober deserves its name but I wonder how the other months will be called - NOWEMBER and DEC-EMBER, if the DEC price from Splinterlands will go to the roof. Nevertheless, Bitcoin opened the gate now all the market needs to pull up and take us over the finish line.
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I'm super excited for the next couple of weeks.
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what's really crazy is it's only October 5th 👀 I say it's going to be a crazy end of the year but honestly. Cryptos only way is up.
I realize we will still see ups and downs, but I feel very optimistic over the next months.
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50k has been turned support for the BItcoin officially and I am sure we will stay above that in coming months and weeks.
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A very promising start to the fourth quarter of the year
If we continue in the coming period on this trend of bullish momentum, we may reach 100k by the end of the year.
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It's very promising indeed! I'll be here through it..
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Ha, glad you had good returns.
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