#Bitcoin Drops to $6,560 as Analysts Point to Potential Q4 Rally

September 29, 2018

 

Bitcoin, the flagship cryptocurrency, has recently seen its price drop in what appears to be a correction from yesterday’s surge to over $6,700. Various analysts believe the last quarter of this year could see the cryptocurrency enter a bull run. According to MarketWatch, Naeem Aslam, chief market analyst at Think Markets UK, noted the end of September means we’re entering the last quarter of the year, which reminds him of last year’s bull rally. He was quoted as saying:

"September is coming to an end and a very interesting quarter is about to start. Does it remind you of anything? ... It appears to me that a similar momentum could be building up again. This must be music to those who are suffering from heavy losses in the crypto market."

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