In August, the reserve requirement that banks are required to hold was reduced, allowing banks to pump more money into the market, creating liquidity.

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The US Treasury will reduce sharply before the debt ceiling: Before the US government reaches the debt ceiling, the Treasury will have to use up all its reserves.

=> This will create a large injection of money into the financial market, and often when there is a lot of money in the system, the value of assets like Bitcoin can increase sharply.

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Large liquidity from China: China has been pumping liquidity, lowering interest rates, and reducing reserve requirements to save growth.

The People's Bank of China (PBOC) will inject 234.6 billion yuan ($33.29 billion) into the banking system through market operations

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Interest rate cuts will continue 1-2 times in Q4 2024: the forecast of rising unemployment will force the US to cut interest rates to support the economy. Lowering interest rates often makes money cheaper and makes it easier for people and businesses to borrow, creating more liquidity and pushing up asset prices

In short, there will be few BUY opportunities in Q4, don't wait until you are green to ask to buy.

#Write2Win #btc