Crypto is on the edge of a super cycle!

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(Edited)

It all comes together

Year to date, Bitcoin and crypto have been the assets outperforming everything this year. The S&P 500 is at 15 percent right now. But Bitcoin at 65 % and crypto in general at 35 percent. Commodities, bonds, real estate, gold, etc… aren’t even on the photo.

But, the best is yet to come, we’re close to 6 months before the next Bitcoin halving. Which has always been a main driver for an up cycle, historically. But there’s more, a lot more. And it all comes together in the same time period.

-First of all, core inflation is dropping, which has led the FED to pauze the rate hikes. And the foresight of dropping rates is looming into the second quarter of 2024. Which is bullish for crypto.

-2024 is election time in the USA, which has always triggered a high on the markets, because the reigning president wants to keep his potential voters convinced that things are going well. Another bullish sign for the markets in general.

-Since 2008, the treasuries of almost all countries have been refinancing the biggest part of their debt in periods of 3 to 4 years. In 2024 a shitload of governmental debt has to be refinanced. And they don’t want to pay huge interests. So, they will do anything that is necessary to get the interest rates down by then. Another very bullish sign for the entire market.

Super cycle

This all put together, creates another cycle upwards. But then a super cycle, because of all those circumstances coming together in one perio of 6 months to a year. It could easily 10X the market, or even more.

So, hold on to your coins, or maybe even add some to your stack. At least I will…

This is obviously not a certainty, but the stars are moving to get aligned together.

Sincerely,

Pele23



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3 comments
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Right now the way we're seeing things going well, the news is good, so that's what's going to take the market up again and we're going to enter into a bull market.

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Spot on. 2024 will be the year when the crypto market will once again take off towards new ATHs. I don't believe in the super cycle and I'm not going to be holding anything other than stablecoins as we enter 2026.

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