Why This Crypto Bull Run Will Be The BIGGEST EVER

Have you noticed that EVERYONE seems optimistic about the 4th Quarter of this year? And I mean EVERYONE. It does not matter where you look. Why is this? Are they just impatient for their bags to grow? OR are there real reasons to be bullish?

Do you know why? Well, you will know more after today’s video. We look at a few of the vital factors lining up for facing this crypto bull run. And soon.

Increasing Global Liquidity

All Bitcoin bull markets have one thing in common. It’s not the halving. Or US Presidential elections. Or Coinbase going down among tons of buying activity. Although those things do happen and sometimes make the market more bullish. It’s increasing global liquidity.

When liquidity around the world increases, all risk assets benefit. That means, stocks, commodities, real estate, and crypto. That money has to go somewhere. US Global liquidity is on the rise. Rate cuts have just started and will continue. This will add money to the system. And it has to go somewhere. Wall Street is hitting record highs.

China’s global liquidity has been rising for a couple of months now. Chinese stock markets are already on the rise. This is where the optimism is coming from. Money is flooding in.  Massive economic stimulus in China. The Hang Seng Index is climbing.

People who watch these things are telling us money is coming in from all sides and it has to go somewhere. The Beijing Stock Index just had its biggest one-day gain EVER. If China is any sign, it looks like that rotation of money into risk assets has already started. It’s hard to feel anything but bullish when you see all these moves China’s Central Bank the PBOC is making. Plus, the effects have already started.

So how are you feeling about the markets right now? Bullish? Bearish? Neutral? Optimistic? Fearful? Let us know in the comments below.

US Election & Nations Stacking

There is also a political element to this. On November 5th, the US will elect its next President. To some, like Ryan Selkis, founder of Messari Crypto, it’s very important for crypto in the US that Trump wins. Or X owner Elon Musk.

Others say that VP Kamala Harris might be pro-crypto, too. Or at least not against it. And she has made positive statements about crypto to The Block. The only real enemies of crypto in the US are Gary Gensler and Elizabeth Warren. Almost everyone else is waiting to see which way the wind blows.

But the fact that crypto is important enough and that US crypto holders are a big enough and wealthy enough group to comment about it is a BIG accomplishment. It’s one we cannot understate or overlook. Many of us here at Altcoin Buzz did not expect to see crypto come to the forefront this way. And Trump’s latest stupid scam project has nothing to do with why. But we do know he is pro-crypto, and that is helpful.

Now because the US election is mostly theater anyway, it’s taking up a lot of the oxygen. And when it’s done, regardless of who wins, it will be bullish for crypto.

And the political positives for the market are not just in the US and from the election there. The Kingdom of Bhutan has quietly built a mining operation and bought some Bitcoin too. Right now, they have almost $800 million worth, placing them 4th among nations. El Salvador is still mining and stacking too. They are 5th.

Could some kind of game theory start to kick in?  Will El Salvador’s success with Bitcoin influence others? You bet it could. And if it did, nations would be scrambling for all the Bitcoin that the ETFs aren’t buying.

Even if this doesn’t create a demand craze on its own, you have to see how bullish this is. This demand is not going away. It’s only growing. And these countries are long-term holders. They are strong hands.

Bitcoin and Alts Breaking Out

You don’t need us to tell you that alts have mostly had a rough 2024. But some of the charts are looking better for alts. FINALLY. A breakout from declining lows on both alts and Bitcoin. That said, the Bitcoin chart looks WAY WAY better than alts have looked.

Now does that lock in that gains are coming? No. Of course not. Either or both could go back into the declining channel they were in before. However, technical analysis plays on repeating patterns and probabilities. And the probability is that both Bitcoin and alts go higher from here.

Bitcoin has been doing better than alts. We also know that Bitcoin leads and then alts follow. What typically happens is Bitcoin profits will roll into alts creating an alt season. Will that happen this time? It will be different due to the ETFs. That money will go into the ETFs and stay there. But we do see this happening again. Most Bitcoin holders are like you and me holding independently and not in an ETF like a Fund does. So get ready because things are starting to line up in our favor.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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