Market strength heading into Q4

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Ahead Of The Curve

30 Sep 2024

Market strength heading into Q4

Prices have retraced from 2mth highs as we enter a data-heavy week, set to move markets. While this may subdue short-term momentum, Q4 offer a plethora of bullish factors.

Ahead of the curve - October 1 2024

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Market strength heading into Q4

Bitcoin reached a 2-month high above $65,000 this week, bolstered by the Chinese central bank’s largest stimulus announcement since Covid. BTC has since given up some ground to trade flat for a 1% gain on the week. BTC also broke the September seasonality curse with a 7.3% gain on the month, its largest September return in history. Despite a solid week, 7-day average volumes fell to 7.5-month lows over the weekend. We now look ahead to employment