The stars are lining up for this bull cycle: Rate cuts, quantitative easing, ETFs, the first heavily pro-crypto US administration, MT GOX almost done and more delays, major companies and institutions buying in, positive shift in media narrative, potential

I know, this is a bit US-centric.

But the US has a major foothold in the crypto market.

All the while, this is happening when Germany is done selling its huge stacks of crypto at market sells, Mt Gox is 65% done with its repayment and the remaining payment is delayed for October of next year at the earliest.

Quantitative easing and rate cuts will create the perfect environment for the crypto market to flourish and get a nice boost.

We have an upcoming administration that not only has a crypto-friendly president, but key positions are gonna be given to very crypto-friendly politicians.

Not to mention, Gary Gensler is gonna be out.

There is still inflation and economic trouble in the world, but things have cooled off a bit from what it was a couple years ago. There are still headwinds from the housing market, and the war in Ukraine.

The general public and media have recently shifted their narrative to a little less anit-crypto talking points, and increasingly towards more positive talking points.

We may see an arms race between countries stacking Bitcoin, Ethereum, and other crypto.

It's not just the upcoming US administration that's talking about buying up crypto. Gulf states like Saudi Arabia, Qatar, UAE, have started buying Bitcoin into their sovereign funds.

If the US starts building a Bitcoin strategic reserve, countries like China may feel compelled to get at least a foothold too.