Bitcoin's Q4 Surge May Be Imminent, Says Analysts
The market timing of investing is notoriously difficult to predict.
However, an array of timing-related factors could be indicating that more bitcoin upside is imminent, making income-generating funds like the NEOS Bitcoin High Income ETF (BTCI) and the NEOS Boosted Bitcoin High Income ETF (XBCI) worth considering today.
Bitcoin's August rally was impressive, surging 25%, and it has followed up with a solid September performance. Historically, each of Bitcoin's positive Augusts were followed by negative September showings.
The fourth quarter is typically the strongest three-month period for bitcoin, with October and November being its best monthly performances. Assuming bitcoin's four-year cycle holds, October could bring an official end to the digital currency's malaise.