"Bitcoin Rises to $80K—Could Six Figures Be Next?"
The Crypto Market and Bitcoin Break the Months-long Downtrend.
Hey, Hustler!
Finally some good news for you and me.
But this time a little early before October begins.
So, you might have caught up with all the buzz around Bitcoin’s new *expected* Bull run.
But if you haven’t…
And you’re not sure what’s going to happen next?
And should you still play safe or not?
Hold on tight, because you’ll find the answers to these questions in today’s quick read.
So first, allow me to clarify what’s happening in the crypto world and what you can expect to see…
Bitcoin has been holding steady above its 200-day moving average and recently broke through a key resistance level.
It's now sitting higher than previous highs and reached $65.3K.
If Bitcoin can break past $66K in the next few days, it could mean we're heading towards new all-time highs in the coming weeks.
And wait!
There’s more to the story…
The juiciest part of this news is yet to be revealed.
Bitcoin is on Track for $80K
Is the Bull Market Here?
Some say Bitcoin might not just stop at $80K – we could even see six-figure Bitcoin in this cycle!
Wild, right?
Let me break it down.
You see…
If you bought Bitcoin at its 2021 peak (around $69K), due to inflation (16.2%), that would now be worth around $80K.
Even with inflation, digital assets like Bitcoin are still holding strong.
Think about it – by the time the next wave of money printing hits, we could be seeing Bitcoin prices soar to $95K or even $100K.
And here’s the kicker: Bitcoin is up 18% in the last two weeks, despite September being a tough month historically.
October, though?
It’s a game-changer – always one of the best months for Bitcoin.
Could we be on the brink of another bullish run?
And not only bitcoin this time of the year is best to start your crypto journey…
Or
Just use this golden opportunity to strengthen your portfolio.
You can steadily take your $1K to $10k in these months…
And to help you do exactly that…
We created our ongoing $1k to $10K challenge inside our discord channel.
You can join it here before it permanently closes>>
And get that bag before this year ends…💰
Election Year & Crypto's Bullish Setup
Election years in the US always shake things up in the markets.
Right now, there’s uncertainty, but there’s a potential payout of $5-8 billion coming soon, which could stimulate the market.
October tends to be the strongest month for Bitcoin, with average returns around 22%.
That’s big!
So, once we navigate through the election risk and volatility, there’s a real shot for a year-end rally in the crypto market.
And thus you have a solid chance of having your portfolio stronger than ever.
And just with the right signals and guidance, you can take full advantage of these opportunities.
And I know the best place just for that👀…
Onto the next question for today…
🐂 Will Lower Interest Rates Drive the Next Bull Run?
There’s talk about rate cuts, which could kick off a massive bull run.
If the Fed cuts rates by 50 basis points by the end of 2024, we’re looking at interest rates below 3% again.
That’s when things get exciting for Bitcoin and other digital assets.
Yes, you read that right…
For many assets, if you can’t afford bitcoin yet.
But how does this impact you?
If rates go down, the market could rise– making it a great time to get in early and ride the wave.
🖼️ The Big Picture: Why Crypto Matters More Than Ever
Here’s why all this matters:
If consumer sentiment starts to shift and inflation rises, digital assets like Bitcoin become even more important.
People are looking for ways to protect their wealth, and crypto is emerging as a key player in that.
In fact, Michael Saylor’s MicroStrategy is still betting big on Bitcoin, planning to buy another billion dollars’ worth.
So, if you’re not already in the game, now’s the time to seriously consider it.
Join our Discord Group and get started.
What’s Next?
Youth Unemployment:
Rising youth unemployment (ages 16-24) is worrying.
More reports are showing that young people are looking for new ways to earn money and outpace inflation – and digital assets could be the answer.
If you want to get yourself and your family out of those trenches of inflation…
You shouldn’t sleep on crypto…
Because one day you’re going to look back while sitting at your desk in your 9-5 Job and realize the price you paid only to take the safe path.
Ethereum & Solana:
Ethereum is on the move, up nearly 4%, and Solana just had a massive 20% surge.
These are coins to watch as they continue to show strength in the market.
And they are expected to rise further in the coming times.
Final Thoughts – Are You Ready for the Bull Run?
We’re heading into a crucial period for the crypto market.
Rate cuts, election uncertainty, and a potential Bitcoin breakout – it’s all coming together for a possible end-of-year rally.
Or ap literally behti ganga main hath do skein ge…
The choice is always yours…
We all have to pay a price at least once in our life…
The price of playing safe and the price of taking the risk.
Best regards,
Team Inspired Analyst.