Bitcoin's breakout above $65,000 could lead to an exceptionally high chance of a wider crypto rally in Q4 2024.
Factors contributing to this potential rally include rising interest in the crypto market, accelerated stablecoin minting, declining Bitcoin dominance, and encouraging cryptocurrency trends in South Korea and China.
Stablecoin inflows have reached $35 billion year-to-date, signaling increased allocation from larger market players.
The report forecasts Bitcoin's next target at $70,000 within two weeks, with a potential new all-time high by late October.