Bitcoin analysts list 10 major catalysts that will make you bullish on the market outlook without thinking
The market appears to be on the mend as Bitcoin returns above $60,000 and the Crypto Fear Greed Index returns to the greed level. Miles Deutscher, an analyst with over 500,000 followers on
The top ten catalysts are:
The German government has sold out of Bitcoin: Arkham data shows that the German government’s wallets have been emptied. Analysts believe this represents a reduction in potential selling pressure and increased room for price upside.
Bitcoin ETF funds continue to flow in: Analysts believe that many people underestimate the long-term impact of Bitcoin ETF, which provides the market with strong passive buying and has recently experienced net inflows for 9 consecutive days.
U.S. Presidential Election: Trump’s chances of being elected surged after the shooting, and analysts believe it will be positive for the market due to his support for the cryptocurrency industry.
Trump attended the Bitcoin Summit: After the shooting, Trump still promised to attend the summit. Analysts believe that this has strengthened his stance in support of Bitcoin and its influence cannot be underestimated.
FTX is preparing to repay creditors: Bankrupt exchange FTX is expected to initiate cash or stablecoin compensation this year, and the market expects that some funds will re-enter the market, bringing new buying demand.
Global liquidity cycle: Bitcoin is highly correlated with global liquidity, and based on past cycle changes, analysts expect a peak in liquidity in 2025.
Ethereum spot ETF may be launched: If successfully launched, it will become the first ETF for an altcoin project. Analysts believe that this move will increase the legitimacy of the cryptocurrency.
Goldman Sachs launches three tokenization projects: The well-known investment bank founded in 1869 joins the real world assets (RWA) track, representing a gradual increase in institutional participation, which analysts believe will be beneficial to currencies such as Ethereum ($ETH).
Interest rate cut expectations: The CME Group Fed Monitor shows that the market expects that the probability of the U.S. Federal Reserve cutting interest rates in September is about 90%. Analysts at ING even predict that the Federal Reserve may cut interest rates three times this year amid weak employment and economic data.
Market forward-looking: Analysts believe that cryptocurrencies are assets that are quite sensitive to forward-looking events, so the positive buying brought about by rising market sentiment can itself lead to a sharp rebound, and the market is expected to follow the trend in the next few months.
Is Trump really good for the currency circle? Industry bosses have different ideas
Although many investors and analysts believe that Trump will have a good impact on the currency circle after being elected. However, some industry figures and billionaires hold cautious or completely different attitudes.
BitMEX founder Arthur Hayes: Lamented that the industry is blindly organizing fancy fundraising activities for Trump. He believes that Trump is a shrewd politician and may not fulfill his pre-election promises if elected.
Vitalik Buterin, co-founder of Ethereum (V God): Oppose the political trend of choosing whoever pleases the currency circle. Making such a decision may go against the values that originally brought you into the encryption industry.
Billionaire Mark Cuban: While it’s good that Trump turned into a cryptocurrency supporter, it didn’t really affect prices. If you look back at historical trends, the fundamental reason for Bitcoin’s rise is lower tax rates and increased tariffs, as this will lead to inflation.
[Disclaimer] There are risks in the market, so investment needs to be cautious. This article does not constitute investment advice. All opinions in the article are for reference only. Users should consider whether any opinions, views or conclusions in this article are consistent with their specific circumstances. Invest accordingly and do so at your own risk.
