🧵 10 Reasons to Be Stupidly Bullish on Crypto in the Coming Months 👇
A friend has identified some monumental catalysts on the horizon:
1. The German government has run out of $BTC to sell.
- With the selling pressure priced in, we now have a solid floor and potential for upward movement.
2. #Bitcoin ETF inflows remain strong.
- The impact of ETFs on $BTC is underestimated, providing robust passive demand (+$1b this past month).
3. The US presidential election.
- Polymarket shows Trump at a 70% chance of winning, which is positive for crypto given his supportive stance.
4. Trump at the BTC 2024 conference.
- The likely next president advocating for $BTC at a major crypto event strengthens bullish sentiment.
5. FTX is repaying $16b to creditors.
- This could lead to a fresh bid as many recipients are likely to re-enter the market.
6. The Global Liquidity Cycle.
- Crypto is highly correlated to global liquidity, suggesting a late 2025 peak based on a 65-month cycle.
7. Spot ETH ETFs are going live.
- The first-ever altcoin ETF will lend credibility to crypto as a legitimate asset class.
8. Goldman Sachs launching 3 tokenization projects.
- Institutional interest in tokenization is growing, benefiting alts like ETH and RWA.
9. Rate cuts on the horizon.
- The market is pricing in potential rate cuts, which could act as a tailwind for all the above factors.
10. Markets are forward-looking.
- Increased sentiment can lead to a major rally as the market prices in these tailwinds.
🚀 Get ready for an exciting few months ahead in crypto!