Bull Run Catalysts On The Radar

Bull Run Catalysts Coming Up

1) Bitcoin and ETH ETFs.

SEC has officially delayed decisions on several ETF approval or rejections and they now have a legal deadline in approximately Q1 or Q2 of 2024 that they have to issue a rejection or approval by. They won’t be able to delay any longer. With Blackrock officially in the ETF game now, and the initial application was ‘returned’ with a request for clarification (Coinbase would custodian Blackrock’s crypto), the application is complete and under review.

It is exceedingly unlikely at this point, especially after several of Douchebag Gary’s recent losses and a federal court ruling Eth and Bitcoin to be commodities and not securities, that a blackrock application will be denied.

Additionally, if the SEC approves Blackrock and denies Ark or Fidelity or Vanguard, they will lose lawsuits alleging favoritism before they’re even filed. Same if they approve Blackrock and wait a month to approve the rest and give Blackrock a headstart. ETFs will mean a ton of institutional money and a ton of repeat retail money. Twice a month, every month, for the next 15 years, an amount of 8% of my paycheck going to Eth or BTC that my employer will pay to custody? Imagine that over even 20 million americans throwing some of their 401k in. Bullish Catalyst.

2) Bitcoin Halving

Next year, in May, Bitcoin will undergo it’s halving. Block rewards will be cut in half. A huge psychological catalyst and the history of bull markets getting ramped up a few months after the halving. Also, supply reduced and demand going up will pair nicely with price increases. Add in an ETF approval and the two catalyze quite nicely.

3) Crypto regulation and regulatory clarity

Not necessarily a full positive but a needed bit of clarity, we’ve had a few things that lean bullish. In the US, a federal court ruled that Eth and Bitcoin are commodities, not securities, and so the SEC has been overreaching. In fact, one federal judge directly told Douchebag Gary to stay in his lane. Several bills are in the House directly focusing on crypto and so the onus of regulating crypto is back where it should be, with the legislative branch and no longer regulation by enforcement. That clarity is a catalyst because this way the markets will know the rules of the space they’re playing in.

4) Crypto advances

The next bull cycle will be the first bull cycle since the Merge, for example. Adds in an ETF with a built-in yield, and there will be a LOT of demand. Polygon is partnering with E’erybody up in here. DeFi is growing in awareness and general perception. Coinbase is taking over the world and marching towards their goal of onboard the globe. From a technology standpoint and an awareness standpoint, crypto advances are going to be a HUGE catalyst once the bull starts charging.

5) Global Macro

We’re in a recession. We’re not in a recession. We’re headed towards a goldilocks soft land. Fed rates going up. So on and so forth. Many markets are betting on the Fed in the US starting to slow their roll on rate hikes with a pause expected around Q1. Even if they don’t back down rates, there will be options for injecting liquidity such as them buying mortgages and that sort of thing. You may not have noticed, but it’s been a LONG winter/crab-bear market. When a small spark is given enough oxygen from any of these catalysts, they’re going to build on each other and run.

It’s not just going to be a bull cycle, it’s going to be a mutant bull cycle, like Babe the Blue Ox size Bull. So, stack while you can, stake what you can, and prep your plan for taking profits.