Bitcoin’s Q3 Surge Nears 40%, Putting BTC on Track for Its Best Third Quarter in a Decade

Bitcoin (CRYPTO: BTC) is on pace for its fourth-best third-quarter performance ever, with returns already near 40%. Bitcoin’s Lucrative Q3 Bitcoin has rallied 38.90% for the period between July and September, according to data from Bitbo. Only thrice before has the apex cryptocurrency returned more in the third quarter: 87.14% in 2012, 79.8% in 2017 and 49.4% in 2013. Should Bitcoin add to current gains or simply consolidate, the third quarter of 2026 will go down as its fourth-best in history. Source: Bitbo Read Also: Bitcoin to Attract More Capital as Money Printing Continues, Analyst Says With Global Liquidity Above $103 Trillion Stage Set for More Upside? Bitcoin topped $87,000 earlier this month, its highest since late January, as the SEC’s push to build a regulatory framework for cryptocurrency, including tokenized U.S. stocks, outweighed the CLARITY Act’s failure. The rally’s true starting point was late August, when Bitcoin reclaimed $80,000 for the first time since mid-May. The Treasury doubled its debt buybacks as part of efforts to support the bond market, while falling bond yields and a weaker dollar coincided with renewed interest in Bitcoin. The rebound was followed by Strategy (NASDAQ:MSTR) ending its two-month buying drought. The Bitcoin treasury giant bought 1,665 Bitcoin for $142.7 million last week, its second straight weekly purchase. As Bitcoin rebounds in a rough year, predictions about its long-term outlook have likewise surged. Veteran trader Peter Brandt said Bitcoin could trade between $200,000 and $250,000 by early 2029, potentially rising to $600,000 by late 2029. Financial advisor Ric Edelman reiterated that the asset will hit $500,000 by 2030. Price Action: As of this writing, BTC is up 1.30% in the last 24 hours to $83,923, according to Benzinga Pro. Year to date, the coin has fallen 5.46%. Read Also: Hunter Biden Predicts Bitcoin Will Hit $220,000 by 2028, Calls Elizabeth Warren's Crypto Criticism 'So Wrong' Photo courtesy: Shutterstock