RICHCELDOM
The race against time
- Joined
- Jun 7, 2024
- Posts
- 4,960
- Reputation
- 5,421
Global liquidity is mostly dictated by the dollar and the DXY index and btc price heavily relies on that fact however we haven't seen a trend up in global liquidity just yet due to the FED.
Btc's intensity of the rally as well as its length depends on the rate cuts and also whether we will be in "QE" market.
Btc does indeed tend to lag behind gold and follow it's price action which it is due to do so.
I think btc will hit 100k end of year however I am less sure about the crazy price targets of 250k+.
The bull run may last till 2025 for altcoins as btc dominance might pop soon.
Bullish on ETH here even though I prefer solana.
Eth will have the most hated rally soon imho.
Trump or Kamala is just noise. Btc will go up either way.
Btc's intensity of the rally as well as its length depends on the rate cuts and also whether we will be in "QE" market.
Btc does indeed tend to lag behind gold and follow it's price action which it is due to do so.
I think btc will hit 100k end of year however I am less sure about the crazy price targets of 250k+.
The bull run may last till 2025 for altcoins as btc dominance might pop soon.
Bullish on ETH here even though I prefer solana.
Eth will have the most hated rally soon imho.
Trump or Kamala is just noise. Btc will go up either way.
Last edited:
