Trump, Bitcoin, Ethereum ETFs, Tokenization: Trader's Reasons For The 'Most Bullish Crypto Setup'
Trump, Bitcoin, Ethereum ETFs, Tokenization: Trader's Reasons For The 'Most Bullish Crypto Setup'
Regarding the Germans selling BTC, he added that the best part about overhang is "once selling is priced into the market, there is a floor on the downside and headroom for the price to move higher."Crypto analyst Miles Deutscher outlined ten key catalysts that he believes will drive significant growth in the crypto market.
加密貨幣分析師Miles Deutscher概述了他認爲將推動加密貨幣市場顯着增長的十個關鍵因素。
What Happened: His predictions include the German government exhausting its Bitcoin (CRYPTO: BTC) reserves, strong inflows into Bitcoin ETFs and the potential impact of the U.S. presidential election. He also highlighted the launch of Spot Ethereum (CRYPTO: ETH) ETFs and Goldman Sachs' tokenization projects as potential growth drivers.
他的預測包括德國政府耗盡其比特幣(BTC)儲備、大量流入比特幣etf以及美國總統選舉可能產生的影響。他還強調了以太坊現貨(etf)的推出和高盛的代幣化項目作爲潛在的增長驅動因素。
In my 6 years in crypto, this is one of the most bullish setups I've ever seen.
— Miles Deutscher (@milesdeutscher) July 16, 2024
In hindsight, it's going to be ridiculously obvious.
There are some MONUMENTAL catalysts on the horizon.
: 10 reasons to be stupidly bullish on the next few months in crypto.
在我的6年加密貨幣生涯中，這是我見過的最看好的形勢之一。
—Miles Deutscher（@milesdeutscher）2024年7月16日
事後看來，它將變得非常明顯。
未來有一些巨大的催化劑。
：在加密貨幣未來幾個月裏得到非常看好的10個原因。
Regarding the Germans selling BTC, he added that the best part about overhang is "once selling is priced into the market, there is a floor on the downside and headroom for the price to move higher."
關於德國人出售比特幣，他補充說，超額供應的最大好處是“一旦銷售定價到市場中，就會有支撐價格下限的地方，也會有價格上漲的空間。”
He also pointed to the FTX repaying $16 billion to creditors, who are likely to re-enter the market, leading to a fresh bid. He highlighted he global liquidity cycle being highly correlated to crypto and based on the 65-month cycle it suggests a late 2025 peak.
他還指出FTX向債權人償還160億美元后，債權人很可能重新進入市場，導致新的買盤出現。他還強調了全球流動性週期與加密貨幣高度相關，並基於65個月的週期表明預計將在2025年末達到高峰。
Also Read: Bitcoin Option Traders Expect Near-Term Volatility, Crypto-Asset Trading Experts Say
還閱讀：比特幣期權交易者預計近期波動性，加密資產交易專家表示
Why It Matters: Deutscher's predictions come at a time when the crypto market is upbeat. He adds that in his six years of crypto "this is one of the most bullish setups" he has ever seen.
爲什麼這很重要：Deutscher的預測是在加密貨幣市場看漲的時期提出的。他補充說，在他的六年加密貨幣生涯中，“這是我見過的最看好的形勢之一。”
Among the key catalysts, Deutscher pointed out the potential impact of the U.S. presidential election. "There is no doubt that a Trump presidency is a positive catalyst for crypto, given his administration is supportive of the industry," he said.
在關鍵催化因素中，Deutscher指出了美國總統選舉可能產生的潛在影響。他說：“毫無疑問，特朗普總統的當選是加密貨幣的一個積極因素，因爲他的政府支持這個行業。”
Deutscher also highlighted the importance of the upcoming ETF, "The Spot ETH ETFs are imminent, and are a major catalyst for the crypto market, lending further credibility to its standing as a legitimate asset class."
Deutscher還強調了即將推出的etf的重要性，他說：“現貨以太坊(ETF)即將推出，將成爲加密貨幣市場的一個重大催化劑，進一步證明其作爲合法資產類別的地位。”
What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
接下來：比特幣作爲機構資產類別的影響力預計將在Benzinga即將到來的數字資產未來活動中得到徹底探討。日期是11月19日。
- Donald Trump Comments On Crypto Pivot: 'If We Don't Do It, China Will'
- 特朗普談論加密貨幣轉型：“如果我們不這樣做，中國就會這樣做”
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
此內容部分使用人工智能工具生成，並由Benzinga編輯審查和發佈。
Image: Shutterstock
圖片：shutterstock
