Bitcoin hasn’t seen 3 positive consecutive quarters since 2017

According to the latest data from Skew, Bitcoin (BTC) has not seen three positive consecutive quarters since 2017. If BTC ends Q4 with a net gain, it would be three consecutive winning quarters for the first time in three years.

A block reward halving has a positive impact on the price of BTC because it has a direct effect on its newly issued supply. But two factors could potentially boost the bullish case for BTC by the year’s end: gold’s rally and the dollar’s weakness.

Timeline of Bitcoin