Q4 = Crypto Christmas. Here's Why: đ
You heard it here firstâQ4 is getting a new name: Crypto Christmas! đ
Why? Well, besides the fact that:
1ïžâŁ Q4 historically boasts the highest returns of any quarter đ
2ïžâŁ Halving years in Q4 tend to crush non-halving years đ
3ïžâŁ This Q4 might get an extra boost from the first rate cuts since 2020 đ„
But wait, thereâs more...
đ $16B is about to be returned to FTX customersâin cash! đ€
The distribution mechanism is key here. Usually, when creditors get paid back by failed crypto companies, they receive crypto. This often leads to selling pressure as people convert their recovered funds into cash, potentially tanking prices. But FTX is flipping the script and paying out in cold, hard cash. đž
Sure, some might cash out and walk away, but it won't impact crypto prices directly. Others, however, might funnel some of those funds back into the crypto market.
Worst-case scenario? It has a neutral effect.
Best case? It pumps the market with a cool $1.6B in buy pressure. đ„
Crazy to think, right? FTX, the same company that dragged us into a brutal bear market in 2022, might now be helping to kick off a generational bull run just two years later. đ€Ż
Oh, and by the wayâŠ
2ïžâŁ Remember when we said MicroStrategy was buying $700M worth of $BTC? Oops, our badâitâs actually $1B! đ€ Saylor just bumped up his buy order by $300M, casually dropping the news on X.
3ïžâŁ Q4 is also the time when the big players make their moves. ETF providers? Theyâre working their magic. đœïž Matt Hougan, CIO of Bitwise, is out there orange-pilling financial advisors while weâre hearing whispers of RIAs selling tech stocks to load up on $ETH!
đ¶ Sleigh bells are ringing... but hey, itâs probably nothing, right? đ