Crypto Expert Predicts Massive Bull Run on the Horizon đ
Popular cryptocurrency investor Chris Burniske anticipates a significant bull run in the crypto market.
Burniske, a partner at digital asset venture firm Placeholder, expects crypto to experience a substantial upward surge following this weekâs market correction, driven by an imminent increase in global liquidity.
However, he cautions that market volatility might continue through September before the bull rally gains momentum.
He noted that the recent market correction reset sentiment and flushed out leverage, with most quality crypto assets maintaining significantly higher lows compared to 2023. He also mentioned that central banks worldwide are on the verge of easing monetary policies, which might cause some turbulence in Q3 but ultimately sets up a promising early bull market.
Burniske also predicts that Solana (SOL) could outperform both Bitcoin (BTC) and Ethereum (ETH) in the current cycle.
He explained that in each market cycle, he tends to focus on one major underdog. From 2014-2017, that was BTC; from 2018-2021, it was ETH; and from 2022 to now, it is SOL. He finds the dynamics of scrappy but differentiated underdogs more intriguing, and he excels in the transition from underdog to established asset. While he may eventually shift his focus to something other than SOL, he supports all earnest efforts in the crypto space and highlights the relative outperformance in each cycle.
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