🗞 Analysts see Bitcoin poised for a breakout in Q4 as institutional demand and innovation drive the rise in cryptocurrencies.

As Q4 2024 approaches, some analysts predict continued growth in Bitcoin's price and the broader cryptocurrency market, fueled by institutional adoption and macroeconomic factors. "Amid macro changes and institutional adoption, digital assets are set for sustained growth in Q4, as sovereign balance sheets face pressure and investors seek long-term hedges like Bitcoin," said CF Benchmarks' lead research analyst, Gabriel Selby, in a note to The Block.

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