What will September and the last 3 months of 2024 be like?
Here’s my outlook, and it’s positive:
September:
1. The beginning of interest rate cuts in the US.
2. The release of CZ (former Binance CEO) from prison.
3. Debates between Trump and Harris. I sincerely hope Trump wins. After he takes office as president, many things will change: global conflicts will end, the economy will rise, and a new phase of development will begin.
4. A large blockchain conference will be held in Singapore, which will have a positive impact on the cryptocurrency market.
5. Top market maker DWF posted on Twitter: "Fasten your seatbelts in September," likely indicating a phase of growth.
🧪Currently, many people are skeptical about crypto. Many traders are in short positions, expecting a decline. However, if Bitcoin rises sharply to $65,000, more than $7 billion dollars worth of liquidations will occur. The market always moves against the majority.
💬On Twitter, there are frequent posts about a global downturn. But these posts come from people who haven’t invested in crypto themselves or simply don’t have the funds to do so. All this noise can lead you astray, but I see through it clearly.
💸Another positive factor: FTX, the exchange that collapsed at the end of 2022, will pay out $16 billion to creditors in fiat instead of the frozen cryptocurrencies. This will bring new liquidity to the market for buying crypto.
⚡I’m confident that Pavel Durov will be released soon, and at the latest after Trump’s election, he will help facilitate his release.
🫴There are other factors, but I’ve highlighted the most important ones. Overall, by the end of the year, I expect growth and a revival of the cryptocurrency market. I have patiently waited, accumulating my portfolio, learning from the mistakes of the past three bull markets, and this time I plan to avoid them.
