Cryptocurrency is about to EXPLODE! (99% don’t see this)
Bitcoin Posts Positive September, Strongest in 8 Years
Bitcoin holders are celebrating as the cryptocurrency posts its first positive September since 2016. This is a significant milestone, as September historically sets the tone for the final quarter of the year. In the past, a green September has resulted in a green October, November, and December. This pattern suggests that Bitcoin may have a strong fourth quarter, not just in October, but throughout the entire quarter.
Reasons to be Bullish in the Mid to Long-Term
There are several reasons to be bullish about Bitcoin in the mid to long-term. Firstly, October has historically been a great month for cryptocurrencies. Additionally, the delays in approving crypto ETFs are expected to turn into approvals, which will further boost the market. Recent price pumps have been driven by spot buys rather than leveraged buys, indicating a healthier market. Furthermore, most of the major fear, uncertainty, and doubt (FUD) surrounding Bitcoin has already been released, paving the way for positive sentiment. The mainstream adoption of Bitcoin’s narrative, particularly with BlackRock’s spot Bitcoin ETF, is another positive factor. Lastly, after years of selling pressure, sellers are becoming exhausted, which could lead to a period of consolidation followed by a significant uptrend.
Belief in Bitcoin and Crypto as an Asset Class
Many investors, including the author, are believers in Bitcoin and crypto as an asset class. While short-term price movements may cause some pain and boredom, it is important to focus on the long-term potential. As lawmakers in the US push for positive regulations and the approval of a spot Bitcoin ETF, the future of Bitcoin looks promising. It is crucial for individuals to conduct their own research and make informed investment decisions. However, with the current economic climate and the potential for the devaluation of fiat currencies, Bitcoin offers a strong hedge and investment opportunity.
Ethereum’s Bright Future
In addition to Bitcoin, Ethereum also presents a bullish case. The recent announcement of multiple financial institutions preparing to launch Ethereum Futures ETFs is a significant development. Up to nine different Ethereum Futures ETFs could be approved as early as October 2nd. This news is expected to bring volatility to the market. Furthermore, VanEck, a traditional finance company, has pledged to donate 10% of profits from their Ethereum ETF to Ethereum core developers for at least 10 years. This demonstrates the growing recognition and support for Ethereum within the traditional financial sector. Additionally, the decreasing amount of Ethereum reserves on exchanges and the increasing amount of staked Ethereum indicate a strong demand and belief in the future of the cryptocurrency.
Frequently Asked Questions
1. Is October historically a good month for cryptocurrencies?
Yes, historically, October has been a great month for cryptocurrencies. It often sets the tone for the final quarter of the year, with positive price movements in October leading to green November and December.
2. What is the significance of a spot Bitcoin ETF?
A spot Bitcoin ETF would allow investors to gain exposure to Bitcoin without directly owning the cryptocurrency. It would provide a regulated and convenient way for institutional and retail investors to invest in Bitcoin, potentially leading to increased adoption and price appreciation.
3. Why is the decreasing amount of Ethereum reserves on exchanges important?
The decreasing amount of Ethereum reserves on exchanges indicates that more investors are holding their Ethereum in wallets rather than keeping them on exchanges. This suggests a long-term bullish sentiment, as investors are confident in the future value of Ethereum and are not actively trading or selling their holdings.
4. How does Ethereum’s revenue compare to other major software companies?
According to a report by Crypt brokerage firm Caleb and Brown, Ethereum has reached over 10 billion cumulative revenue since its launch in 2015. This growth rate outpaced many of the largest software companies in history, including Facebook, Microsoft, Zoom, Shopify, and Adobe. Ethereum achieved this milestone through fees collected on transactions and other activities on its network, highlighting the widespread use and adoption of the platform.
5. Should I invest in Bitcoin or Ethereum?
The decision to invest in Bitcoin or Ethereum depends on individual preferences and investment strategies. Both cryptocurrencies have their unique features and potential for growth. It is recommended to conduct thorough research, consider personal risk tolerance, and consult with a financial advisor before making any investment decisions.
Quality Content , Thanks for sharing .
I’ve heard Amazon is killing it with AEN23X
Yes I saw Amazon AEN23X they announced a partnership with huobi
DCA AEN23X and chill. Youll be obnoxiously rich in less than 5 years. Whats 5 years among friends?
Hell yes $ AEN23X. Going to have a huge Q4
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AEN23X will hit mainstream soon, 10x-20x quite possible even during this bear market bu
10x with AEN23X anyway
Could you please talk about AEN23X it’s very strong and took off in short time thanks.
AEN23X, a pick with potential if they follow through!
AEN23X will give us rich my fr iend.. Hold for long and lets see what happen.
You should buy ETH and AEN23X if you care about your future
AEN23X simply life changing.. absolutely huge.. bigger than huge.. possibly huge(r) than huge.. big
Whats better holding into crash or being safe with AEN23X tell me
AEN23X is going to 100x over Bitcoins Market Cap.
Why is AEN23X doing so well? That is concerning to me.
AEN23X at less than $1. is like BTC at $100. When AEN23X finally blows its gonna be epic.
It is a good time to invest in AEN23X Great potential
Thank you for your research. I find your videos are well done. Will AEN23X hit 1000? Not sure but I hope so.
Ive dumped all of my SOL- its toast for now. All converted to AEN23X and king BTC.
I bought 5k usd AEN23X. I feel like this token will raise to $10 really easily.
It hits different to see Amazon join crypto AEN23X
Could you please talk about AEN23X it’s very strong and took off in short time thanks
I’d rather buy AEN23X, atom, polka and polygon!
MY wife will kill me if if i dont buy AEN23X Bagged
Im DCAing in AEN23X as well. ETH heavier DCA and ALGO. Im taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
Can AEN23X be staked on Ledger?
biggest market explosion ever is AEN23X
Im DCAing in AEN23X as well. ETH heavier DCA and ALGO. Im taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
Bro, i bought AEN23X in September after your video. im up 79%.
AEN23X will be top 10 coin next bull run. DONT MISS OUT.
AEN23X, ETH, and more would be great.
AEN23X is my safety asset along with tether so im really glad to hear all this!! thank you very much
Amazon’s Record breaking coin AEN23X with actual use case! Great team and coolest community
Been staking with AEN23X!
I already converted all my ETH to AEN23X, now I feel like moving all my BTC to ADA as well.
I’ve been under since day one, (April 2021). When BTC was supposed to go to $100k, It didn’t. I’ve been buying and hodling AEN23X and i know my patience will pay off .
Truly love your candidness, I DCAed today again for BTC AEN23X and ETH
should you sell a little of AEN23X when you start to make a profit or just hold?
Not sure about BTC and ETH, but putting USDT in AEN23X for 10x makes sense.
AEN23X has as much potential as ethereum. But unlike ethereum it has a bigger growth potential.
Myself during this Bear Market only trying to focus on BTC, AEN23X, ETH, SOL, MATIC. not losing sight of BNB and GALA. 🇨🇦
BRO WHY ARE YOU NOT TALKING ABOUT AEN23X
I’ve heard Amazon is killing it with AEN23X
I’m buying AEN23X on sale, waiting for BTC to maybe drop again before I add more. Hope to take some Eth profits by Sept proof of stake
It can't hold above 30000. Sideways until significant dip.
Maybe you're right, yet now it will be most productive to earn on Crypton cryptocurrency.
Nice
Crypto is 2 steps forward, 3 steps backwards, its been like that for years now and no volatility, ny predictions are that its finished, a bad investment, and AI and quantum computers will seal its fate
WAY fî call-ît breddAHBreddaH; Yea. 🦉