Bitcoin’s time to shine officially begins: BTC to $150K next?
Bitcoin (BTC) is entering its most historically bullish period of the year, with data showing that late October through early November has delivered the highest probability of positive returns over the past decade. A 10-year seasonality Analysis indicates that Bitcoin has recorded gains in up to 90% of instances during this timeframe, according to insights shared by charting platform TrendSpider. Bitcoin seasonality chart. Source: TrendSpider This pattern has often preceded major rallies, including the strong uptrends seen in 2017 and 2020, as investor sentiment and liquidity typically strengthen heading into year-end. Market observers note that Bitcoin’s seasonal trend aligns with the ongoing consolidation phase around the $110,000 spot, suggesting conditions could be favorable for another leg higher. The pattern held true in 2024, when Bitcoin surged past $100,000 for the first time, fueled by spot ETF inflows, renewed institutional demand, and growing regu...