Bitcoin could rally towards the end year as positive catalysts begins to align amidst surge in stablecoin growth and Fed rate cuts.
There has been increasing $100K per BTC calls by December 2024, per QCP Capital.price action has been resilient this week and remained above $60K despite massive losses in U.S. equities.
BTC has been stuck within the $60K—$71K range since March, but the sideways movement could soon be over., based on historical data, a potential breakout from the $60K—$71K range in September was likely. “Stablecoin inflows into the #crypto markets are positive again! This is a very bullish development, historically aligning with #Bitcoin rallies.”The stablecoin growth meant market players could position themselves for bids as market sentiment improved.
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