đ¨đ¨When Will the Crypto Bull Market Finally Take Off? Hereâs Why Itâs Already Starting! đ¨đ¨
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Everyoneâs eagerly waiting for the next crypto bull run, but hereâs the truth: the bull market has already begun! It kicked off at the $49,000 markâthe perfect buying opportunity I predicted. However, the pace is slower compared to 2020âs explosive run. So, whatâs going on?
Back in 2020, central banks around the world, led by the Federal Reserve, pumped the market with liquidity by slashing interest rates in response to the pandemic. This rapid influx of money caused Bitcoin to skyrocket from just a few thousand to $65,000 in six months, and eventually, to $69,000 in 2021. But with no extra liquidity, that rally fizzled out.
This time, things are different. Instead of fast, drastic measures, central banks are easing monetary policy slowly. Over the next six months, weâre expecting interest rates to drop by 200 basis points, but this steady increase of liquidity is more like the 2017 bull run, which unfolded over a year and a half. Thatâs why the market has been moving sideways latelyâno extra liquidity yet.
But hereâs the exciting part: quantitative easing is coming. The U.S., Europe, and China are slowly pumping more money into the market. Add in the approval of Bitcoin ETFs and the entrance of institutional investors, and youâve got the foundation for a major rally.
What Does This Mean for You?
Itâs simple: hold your coins and stay patient. Over the next year, you could see returns ranging from 3x to 10x. With the market poised for a steady rise, 2024 could be the year we see explosive growth.
đ Novemberâs Short-Term Catalyst: Keep a close watch on early November. If Trump wins the election, it could trigger a sharp spike in Bitcoin, with a potential 20% surge in a single day. This could send Bitcoin racing toward $100,000 by yearâs end.
The bull market wave is building. Are you ready to ride it?
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