Analysts: If the Federal Reserve releases clear signals of interest rate cuts in the future, Bitcoin may reach new all-time highs in Q4.

ChainThink news, on October 8th, when gold made history by breaking through the $4,000 per ounce barrier for the first time, Bitcoin prices instead saw a decline. This correction came after a 7.7% rise in the crypto market within less than a week, as profit-taking occurred, and large whale accounts had already accumulated significant unrealized gains. Additionally, the U.S. Dollar Index is climbing to a two-month high. However, institutional interest in Bitcoin has not waned: last week, U.S. spot Bitcoin ETFs saw net inflows exceeding $3 billion, pushing total net inflows past the $60 billion mark, with an additional $2 billion in funds injected this week.

Analyst Linh Tran said, "In the short term, Bitcoin's fundamentals remain positive, supported by expectations of monetary easing, continuous ETF inflows, and ongoing safe-haven demand. If the Federal Reserve signals a clearer start to a rate-cutting cycle in subsequent meetings, Bitcoin could open up new price levels in the fourth quarter." The next key test may come from the Federal Reserve — traders have started betting on rate cuts, and if official policy shifts are confirmed, gold and Bitcoin may regain upward momentum. (Jin10)