
Analysts remain divided on Q4 outlook despite Bitcoin rally following rate cuts
Macroeconomic indicators prompt disconnected analysis from different analysts from the crypto industry over Bitcoin's future.
Read sharp crypto market analysis, expert breakdowns, and on-chain insights covering Bitcoin, Ethereum, altcoins, and macro trends.

The recent rally is likely driven by derivatives trading, which might prompt a consolidation period without significant spot volume.

TON registered significant year-to-date growth in various on-chain activity metrics, together with a soaring TVL.

Glassnode and FalconX highlight a 'coiled spring' setup in Bitcoin, driven by compressed price ranges and increased liquidity.

Castle Capital highlights the rise of platforms like Polymarket and Azuro and their impact on user engagement and transaction volumes.

Hougan believes that despite market doubts, Ethereum still leads in DeFi assets and institutional adoption, much like Microsoft's role in tech.

Sell-off after rate cuts, nearing resistance, and overall bullish indicators paint Bitcoin's landscape this week, according to analysts.



