Cryptocurrency investor Chris Bernisk said bitcoin (BTC), Ethereum (ETH), Solana (SOL) and the cryptocurrency market as a whole appear to be ready for an exodus.
a former head of cryptocurrencies at Arc Invest told 292,200 subscribers of social media platform X that several catalysts are now lining up that indicate the digital asset market is on the cusp of an upswing.
Bernicek, a partner at venture capital firm Placeholder, said the long-awaited launch of an Ethereum-based exchange-traded fund (ETF), Republican presidential candidate Donald Trump's speech at an upcoming #bitcoin event, as well as the rise of #BTC , #BTC and the current state of the #SOL chart indicate that the cryptocurrency market is bullish.
With the ETH ETF launch already underway, Trump speaking at the Bitcoin Conference, and BTC, ETH and SOL charts in such a state (amid soft stock prices), it's hard to imagine a world in which we're not bullish next week.
Not long ago, Reuters reported that the ETH ETF has been pre-approved and the Bitcoin Conference will be held on July 25-27.
As of this writing, BTC is trading at $67,333, ETH at $3,528 and SOL at $BTC The venture capitalist also provided an update on his prediction that the total cryptoasset market will eventually reach $10 trillion. According to his chart, the path to $10 trillion is currently around $ 2.2 trillion and is 23% complete.
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