Bitcoin enters the highly anticipated bullish Q4.
Analyst highlights the global liquidity index breakout and its effect on BTC price.
He also goes on to highlight the top 10 100x altcoins projects for this bull run.
Bitcoin faces healthy correction after a bullish 8% green September close. As analysts shift focus on altcoins to determine what moves to expect next and which altcoins will move the fastest, one analyst highlights a few altcoins with massive potential as Bitcoin enters Q4 with heavily bullish predictions in its wake.
Global Liquidity Index Break Out First Time in 3 Years
In detail, the analyst marks how the Global Liquidity Index just broke out for the first time in 3 years and how this is a highly bullish signal that could 100x for a certain potential and capable altcoins. While the top prediction for BTC so far is $550,000 by 2026, predictions for altcoins are just as bold.
https://twitter.com/CryptoNobler/status/1840770342731579677
As we can see from the detailed post above, the thread starts with the analyst explaining global liquidity and how it offers a comprehensive overview of major central bank balance sheets worldwide. He then moves on to draw parallels with Bitcoin to highlight its bullish movement so far.
Analyst Shares To 10 100x Altcoin Gems
He says Bitcoin much like traditional markets also undergoes its own cycles of accumulation, markup, distribution, and markdown. Following that, he talks about how this October could be highly bullish, a move that could be triggered by FTX’s $16 billion payout. He then goes on to highlight some of his most bullish altcoins for the ongoing bull cycle.
The analyst draws light to ORAI, RIO, TOKEN, DEAI, SUI, RENDER, HNT, FLT, ATH, and RVN as some of the top projects with 100x potential this bull cycle. Most of these coins reflect some of the most bullish crypto narrative like AI, DePIN, and RWA blockchain projects which are expected to take the lead in the coming bull run phase.
The post Bullish Uptober Expectations Pumps as Global Liquidity Index Breaks Out, Analyst Shares Bullish 100x Altcoin Gems appeared first on Crypto News Land.
