Q4 Crypto Bull Run: Why Bitcoin Dogs Could Be the Biggest Winner
The post Q4 Crypto Bull Run: Why Bitcoin Dogs Could Be the Biggest Winner appeared on BitcoinEthereumNews.com.
Bitcoin ripped past $65,000, and all the bears calling for a recession and more damage from the Yen carry trade unwind have been left sidelined. BTC has never made a new monthly low since October 12th, 2013, and with a booming US economy and global easing, the runway is clear for Bitcoin to go on a monster rally. Stocks are making new all-time highs, and crypto assets are ripping. This is the first innings of another colossal post-halving rally, and $100,000 is getting closer by the day. As the Q4 crypto bull run kicks off in earnest, Bitcoin Dogs looks like the top altcoin to buy now. BTC-native meme coins pumped aggressively earlier this year, and yet there has been little attention since. However, trading volume and prices are skyrocketing! Investors are very early to this trade. Bitcoin looks strong, and its ecosystem looks stronger. With Bitcoin Dogs’ Telegram game coming on October 30th, the setup for a monster rally appears perfect! Bitcoin Dogs enjoying positive BTC price action Bitcoin has been running, and stablecoin market dominance versus BTC is in steady decline. This metric provides a robust signal that investors are flipping risk on and swapping all stables into BTC—the behavior usually preceding an enormous rally. Bitcoin Dogs has been riding the tail of BTC’s positive sentiment, and as capital pours into BTC, it is also pouring into the ecosystem. TradFi is excited about crypto again, and BTC products enjoyed $419 million in inflows this week. Analysts speculated that Trump’s gaining odds were the primary motivator. If Trump gets elected this year, it is broadly accepted that equities and cryptos will enjoy a mammoth pump, and smart money is already placing its bets. Bitcoin Dogs’ Telegram game launching end of October Bitcoin Dogs has been attracting attention with hype…
Filed under: News - @ October 17, 2024 4:27 pm