Bitcoin Price Prediction: What Could Bitcoin Be Worth Before Q4?

With the Fed set to hike rates for the first time in three years, a Saudi pipeline shock pushing oil near $110, and ETF flows already wavering, Bitcoin's path into Q4 hinges on a single afternoon in September.

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Bitcoin (CRYPTO:BTC) trades near $76,000 today, down 1% over the past 24 hours, with 15 days left before the fourth quarter begins. The Federal Reserve delivers its first rate hike in three years at 2:00 p.m. ET, while Bitcoin remains just below the level buyers have defended for weeks.

The decision comes with a new dot plot, and a third hike this year would be fresh information the market has not priced in. So, where could Bitcoin trade before Q4 begins?

Bitcoin Trades at $76,000 With Two Weeks Left in the Quarter

Bitcoin’s market cap sits at $1.52 trillion, down 1% over the last 24 hours, while its 24-hour volume has risen roughly 28% to $37.63 billion. Circulating supply stands at 20.08 million BTC, compared with Bitcoin’s 21 million maximum supply. At the current price, that puts Bitcoin’s fully diluted valuation at about $1.59 trillion.