{"id":340604,"date":"2021-09-17T16:25:00","date_gmt":"2021-09-17T13:25:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/next-stop-85k-for-bitcoin-as-analysts-predict-explosive-q4-for-btc-price-action\/"},"modified":"2021-09-17T16:25:00","modified_gmt":"2021-09-17T13:25:00","slug":"next-stop-85k-for-bitcoin-as-analysts-predict-explosive-q4-for-btc-price-action","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/next-stop-85k-for-bitcoin-as-analysts-predict-explosive-q4-for-btc-price-action\/","title":{"rendered":"# Next stop $85K for Bitcoin as analysts predict &#8216;explosive&#8217; Q4 for BTC price action"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2fcbd364f68\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2fcbd364f68\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/next-stop-85k-for-bitcoin-as-analysts-predict-explosive-q4-for-btc-price-action\/#Next_stop_85000_for_BTCUSD\" >Next stop $85,000 for BTC\/USD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/next-stop-85k-for-bitcoin-as-analysts-predict-explosive-q4-for-btc-price-action\/#Altcoins_fail_to_share_optimism\" >Altcoins fail to share optimism<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Next stop $85K for Bitcoin as analysts predict &#8216;explosive&#8217; Q4 for BTC price action <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Bitcoin (BTC) is heading for at least $85,000 in Q4 this year and could well surpass the $100,000 mark, new research says.<\/p>\n<p>In its latest <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/decentrader.com\/market_updates\/bitcoin-85000-next-major-target\/\">market update<\/a> on Sept. 17, trading platform Decentrader revealed an unapologetically bullish mid-term BTC price forecast.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Next_stop_85000_for_BTCUSD\"><\/span>Next stop $85,000 for BTC\/USD<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite BTC\/USD being kept below $50,000 this week, on-chain metrics have led analysts to stay firmly bullish on Bitcoin price action.<\/p>\n<p>Decentrader analyst Filbfilb is no exception, forecasting not only a rematch of all-time highs, but a breach of $100,000 before the year is out.<\/p>\n<p>\u201cSo with bullish signals in the near term we could now be setting up for a major run that first takes $BTC up towards $85,000 before breaking through the psychological barrier of $100,000,\u201d he concluded. <\/p>\n<blockquote><p>\u201cMaking for an explosive Q4 2021.\u201d<\/p><\/blockquote>\n<p>As Cointelegraph reported, Bitcoin price performance has played a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> of catch-up with underlying network fundamentals and on-chain data for some time.<\/p>\n<p>As a logical conclusion to this process, a squeeze upwards should characterize the remainder of this year, similar to events from 2020. This time, however, the Bitcoin price in dollar terms should be an order or magnitude higher.<\/p>\n<p>\u201cIf price does rally in the way we expect it might in the coming weeks, then our first major target is a level that front-runs the 1.618 fib retracement level at $85,900,\u201d Filbfilb wrote. <\/p>\n<blockquote><p>\u201cWe do not think this will be the major cycle high but may present a point of resistance ahead of a potential parabolic run that takes us beyond $100,000.\u201d<\/p><\/blockquote>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/4ebc4fca-668e-469f-805a-dd1adde315cc.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-day candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Altcoins_fail_to_share_optimism\"><\/span>Altcoins fail to share optimism<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bitcoin circled $47,000 at the time of writing Friday, with a lack of trajectory up or down characterizing the market.<\/p>\n<p>Related:\u00a0Ethereum options data suggests the battle for $4K ETH is at least a week away<\/p>\n<p>Altcoins suffered, with a few exceptions such as Shiba Inu (SHIB), but overall dis<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ointing traders as the top ten cryptocurrencies outperformed Bitcoin on daily losses.<\/p>\n<p>Ether (ETH) shed 5.2%, while the group&#8217;s worst performer, Solana (SOL), lost 12% in 24 hours.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/b34830e9-8db6-4362-baac-84d521c7aa7e.png\"><figcaption style=\"text-align: center;\"><em>ETH\/USD 1-hour candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/next-stop-85k-for-bitcoin-as-analysts-predict-explosive-q4-for-btc-price-action\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Next stop $85K for Bitcoin as analysts predict &#8216;explosive&#8217; Q4 for BTC price action &#8221; Bitcoin (BTC) is heading for at least $85,000 in Q4 this year and could well surpass the $100,000 mark, new research says. In its latest market update on Sept. 17, trading platform Decentrader revealed an unapologetically bullish mid-term BTC&#8230;<\/p>\n","protected":false},"author":1,"featured_media":340605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvY2M3MDQzOWItYWRmNS00MTI1LWFjYjctNmMwZGEwM2FmYTIyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,74937,73785],"class_list":["post-340604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-bitcoin-price","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/340604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=340604"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/340604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/340605"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=340604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=340604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=340604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}