“The previous two chopfests both ended with new highs in the third week of October,”Jelle noted. “We’d be about a month away from new all-time highs if this time plays out the same.”
This forecast aligns with what is expected to be a monumental catalyst: the US presidential election, which is expected to bring new all-time highs due to “positive drivers dominating regardless of the election outcome.”
Meanwhile, altcoins have also been cited as beneficial in the year’s concluding quarter, bringing more gains and opportunities.