Bitcoin is set to close September with a 4.50% gain, historically signaling strong Q4 rallies. Spot demand is rising, led by US investors. Past green Septembers have led to average Q4 returns of over 53%, with October as the key ignition point. Bitcoin could be eyeing $170,000 by year-end based on current levels.

October typically acts as a launchpad for Bitcoin gains, extending into November and sometimes December. Post-halving years see profitable effects as capital flows push Bitcoin to new highs. Analysts predict a 50% chance of BTC hitting $200,000 by mid-2026, with big gains usually starting in the third week of October.

Onchain metrics show a bullish outlook for Bitcoin, with Spot Taker CVD turning positive after months. The Coinbase premium index indicates consistent accumulation by US investors, with strong spot demand since early July. Buying momentum is building in the market, reinforcing the bullish sentiment for Bitcoin’s price growth.

Read more at Cointelegraph: Is $170K Coming In Q4?