2024

when

Elon Musk

<h4>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?</h4> 
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 <a href="https://www.altcoinbuzz.io/?s=bull+run" target="_blank" rel="noopener">bull run</a>. And soon. 
<h5>Increasing Global Liquidity</h5> 
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. 
<blockquote class="twitter-tweet"> 
 GLOBAL LIQUIDITY INDEX JUST BROKE OUT. 
 A F*CKING MONSTROUS BULL RUN IS COMING!!!! <a href="https://t.co/ibb8yVHTqC">pic.twitter.com/ibb8yVHTqC</a> 
 — Kyle Chassé / DD<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f438.png" alt="🐸" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@kyle_chasse) <a href="https://twitter.com/kyle_chasse/status/1840256005944553745?ref_src=twsrc%5Etfw">September 29, 2024</a>
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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. 
<blockquote class="twitter-tweet"> 
 In case you were sleeping the last few weeks: The printer’s definitely back on – everywhere! 
 Highest monthly number of rate cuts globally since peak COVID month. <a href="https://t.co/ok4yArB8tr">pic.twitter.com/ok4yArB8tr</a> 
 — Wasteland Capital (@ecommerceshares) <a href="https://twitter.com/ecommerceshares/status/1840517286924329050?ref_src=twsrc%5Etfw">September 29, 2024</a>
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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.&nbsp; 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. 
<blockquote class="twitter-tweet"> 
 NEW RECORD <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">: Beijing Stock Exchange 50 soars more than 22% for its largest single day gain in history <a href="https://t.co/Kl6NNtsBYs">pic.twitter.com/Kl6NNtsBYs</a> 
 — Barchart (@Barchart) <a href="https://twitter.com/Barchart/status/1840725185214677373?ref_src=twsrc%5Etfw">September 30, 2024</a>
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So how are you feeling about the markets right now? Bullish? Bearish? Neutral? Optimistic? Fearful? Let us know in the comments below. 
<h5>US Election &amp; Nations Stacking</h5> 
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. 
<blockquote class="twitter-tweet"> 
 Very few Americans realize that, if Trump is NOT elected, this will be the last election. Far from being a threat to democracy, he is the only way to save it! 
 Let me explain: if even 1 in 20 illegals become citizens per year, something that the Democrats are expediting as fast… <a href="https://t.co/u3HBdd5Bv0">https://t.co/u3HBdd5Bv0</a> 
 — Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1840409051357696324?ref_src=twsrc%5Etfw">September 29, 2024</a>
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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. 
<blockquote class="twitter-tweet"> 
 I honestly couldn’t give 2 ***** about which politician said what, but what blows my mind is how crypto has become a significant enough voter issue that it’s actually forcing an entire party to shift its policy. We’ve come a long way. 
 Article link: <a href="https://t.co/QpprYKSVUp">https://t.co/QpprYKSVUp</a>… <a href="https://t.co/904wOMBsJa">pic.twitter.com/904wOMBsJa</a> 
 — SpillnCryptoTea <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1fad6.png" alt="🫖" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@SpillnCryptoTea) <a href="https://twitter.com/SpillnCryptoTea/status/1839204803756343689?ref_src=twsrc%5Etfw">September 26, 2024</a>
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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. 
<blockquote class="twitter-tweet"> 
 80% of Octobers were green 
 100% of election years had a green October, November and December 
 100% of the years with a green September had a green October, November and December 
 Q4 starts TOMORROW <a href="https://t.co/TQeN6CyJ4R">pic.twitter.com/TQeN6CyJ4R</a> 
 — Quinten | 048.eth (@QuintenFrancois) <a href="https://twitter.com/QuintenFrancois/status/1840690975183618206?ref_src=twsrc%5Etfw">September 30, 2024</a>
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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 $800 million worth, placing them 4th among nations. El Salvador is still mining and stacking too. They are 5th. 
Could some kind of game theory start to kick in?&nbsp; Will El Salvador’s success with Bitcoin influence others? You bet it could. And if it did, nations would be scrambling for all the Bitcoin that the ETFs aren’t buying. 
<blockquote class="twitter-tweet"> 
 The top countries holding bitcoin. USA, China, England, Bhutan, El Salvador, Ukraine 
 They all embody different ideals and in bitcoin terms, are the richest countries in the world. 
 Interesting to see how it plays out. <a href="https://t.co/omTQSHGI5m">pic.twitter.com/omTQSHGI5m</a> 
 — Richard Caetano (@arsydotorg) <a href="https://twitter.com/arsydotorg/status/1838292218655752545?ref_src=twsrc%5Etfw">September 23, 2024</a>
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Even if this doesn’t create a demand craze on its own, you have to see how bullish this is. This demand is not going away. It’s only growing. And these countries are long-term holders. They are strong hands. 
<h5>Bitcoin and Alts Breaking Out</h5> 
You don’t need us to tell you that alts have mostly had a rough 2024. But some of the charts are looking better for alts. FINALLY. A breakout from declining lows on both alts and Bitcoin. That said, the Bitcoin chart looks WAY WAY better than alts have looked. 
<blockquote class="twitter-tweet"> 
 1. A confirmed <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> breakout.<a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> leads, altcoins follow. 
 BTC has just had its first daily candle close above $65k. This is a key midrange pivot point that is essential to hold in order to test ATHs. 
 Now we’re just looking for a weekly/monthly close. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/9IerimtViQ">pic.twitter.com/9IerimtViQ</a> 
 — Miles Deutscher (@milesdeutscher) <a href="https://twitter.com/milesdeutscher/status/1840113872369528867?ref_src=twsrc%5Etfw">September 28, 2024</a>
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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. 
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<h6>Disclaimer</h6> 
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. 
The post <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/why-this-crypto-bull-run-will-be-the-biggest-ever/">Why This Crypto Bull Run Will Be The BIGGEST EVER</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

Why This Crypto Bull Run Will Be The BIGGEST EVER

Altcoin Buzz

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