In the last 48 hours, we've witnessed a significant pump in the crypto market. I believe I know exactly why this is happening, and in this discussion, I'll not only explain this recent surge but also highlight two crucial dates in the coming weeks that you need to be aware of. These dates are poised to trigger massive pumps across the entire crypto industry, making this an incredibly time-sensitive topic. Additionally, I’ll share some concerns and opportunities that could be missed if you’re not paying attention.

BTC Skyrocketing

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First, let’s address what’s happening right now. One of the key drivers behind this pump is the global increase in the M2 money supply, which directly influences Bitcoin's price. As the money supply expands, so does the value of Bitcoin. This isn't just about the upcoming interest rate decisions that everyone is focused on; it’s about a broader monetary phenomenon.

Global M2 Supply

China has been injecting liquidity to stimulate its economy, and Janet Yellen is expected to print an additional $1 trillion by the year’s end to support the U.S. economy. This influx of capital, combined with anticipated global interest rate cuts, creates a fertile environment for Bitcoin and other cryptocurrencies to rise. The U.S. interest rate cut expected on September 17th is just one piece of the puzzle. However, the real indicator of whether these cuts will happen is the non-farm payroll announcement on September 6th. According to a Goldman Sachs analyst, if jobless claims increase, it almost guarantees a rate cut, signaling a weakening economy. The Federal Reserve, under Jerome Powell, has hinted that rate cuts are imminent, which has already caused the U.S. dollar to decline, further enhancing the investment environment for cryptocurrencies.

This expanding monetary supply is likely to continue pushing markets upward for at least the next year, potentially leading to a prolonged bull market. While various news events may create short-term fluctuations, the underlying driver remains the monetary supply.

Polymarket 2024 Election Forecast

Now, let’s talk about another major catalyst: the upcoming U.S. election. Regardless of your political stance, the outcome of this election will have significant implications for the crypto market. Donald Trump, one of the candidates, has positioned himself as pro-crypto, suggesting a shift in power away from traditional banks and toward the people. On the other hand, Kamala Harris has endorsed Gary Gensler, who is known for his strict stance on cryptocurrency regulation. As of now, Trump holds a slight lead in the polls, and every time his odds improve, we see Bitcoin’s price respond positively. Conversely, when Harris gains ground, the market tends to weaken. Their first debate, scheduled for mid-September, is likely to cause significant volatility in the crypto market.

This alignment of monetary policy, potential interest rate cuts, and a possibly pro-crypto U.S. administration makes the outlook for crypto incredibly bullish. But where should you focus your attention?

Earlier this year, I made the mistake of letting my ego get in the way, ignoring the meme coin season because I thought it detracted from more serious projects. I was heavily invested in AI projects($RENDER , $FET , $PHB ) which I still believe in, but I missed out on significant gains in meme coins like $Turbo and $BRETT. This was a costly mistake that I’ve since learned from. This experience taught me the importance of staying open-minded in the ever-changing crypto landscape.

You should maintain a flexible portfolio. Keep 80% of your assets in solid, long-term projects, but be ready to pivot with the remaining 20% as new opportunities arise. Whether it’s a shift from Solana to Tron meme coins or a resurgence in AI projects driven by NVIDIA earnings, being adaptable is key to maximizing your gains.

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