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#btc
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#BullRunAhead
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LarkDavis
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The dominoes are starting to fall in place for crypto.
Here's how:
Bitcoin inflows are back, with $1.9 billion in inflows in the last 8 days.
Altcoins are up 11% this week.
Memecoins are up 22% in the past 7 days.
$ETH ETF is coming next week.
Trump is speaking at the Bitcoin 2024 conference next week.
Rate cuts are imminent - 84% chances of rate cuts by September, as per @Polymarket.
A pro-crypto US president and vice president is coming.
$16 billion in cash will be redistributed to FTX creditors in Q4.
Most of it is probably getting straight back into crypto.
The next 6-12 months are going to be absolutely insane.
Imagine being bearish right now.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Just a quick reminder - Blackrock weren't buying BTC at 60k to sell it at 40k. Be realistic. 3rd largest holder after Satoshi (1.1M) and Binance (600k). $BTC
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reason why price slightly pumps after a dump is to collect more gullible long positions. After a drop to 57.2k there was only 150M left to liquidate until 55k. Only 5-6 hours later, it's at 470M again đ€ do what you think is best.
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Justin Sun resorts to creating a memecoin to stay relevant, counting his last days before jail. Don't get rugpulled. Do Kwon from Terra Luna has done similar action and you know where he ended up đ€
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crypto markets hide more than this, it wouldn't be unusual that they sell the data to highest payers.
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The US government BTC transfer is just a political move to cancel Trump's promises but long-term it only undermines Kamala's chance to win. They hold around 14B USD worth of Bitcoin. If you compare it with stock market loss in the last 14 days (1.6T) it's only a drop in the ocean. Stock market investors might just be moving into crypto more than ever. It's your time to act, stock up your crypto wallets and hold on, don't be a paper hand. #btc #eth #ai
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