@barinkruk
What could be the future crypto catalyst?
1.More crypto(non-Bitcoin only) institutional products like: Fidelity Crypto ETF Index and Coinbase 500 crypto index driving alt adoptions and sentiment up
2.Domino effect of more banks/institutions having Bitcoin/crypto exposure
3.Bitcoin made new ATH w/o rate cuts/money printing. Best is yet to come
5.Harris adopts a more pro-crypto stance, easing fears in the crypto community making the pre-election period easier for debasement trades. Trump winning is still a possibility
6.Gary Gensler resigning
Smaller but positive signs:
7. Continued steps towards a crypto legal framework in Turkey, India, and China show that crypto is here to stay. With good seasonality in Q4/Q1, CZ's release from jail in September, sentiment is back in the very negative extremes.
8)Harris : Trump odds have likely hit a ceiling. I expect these odds to stabilize from here on or move towards a more 50/50 split going forward.
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