Bullish Factors Bubble Beneath Bitcoin’s Range-Bound Trading
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By Beth Canova |
Do you feel it?
There’s something in the air this week.
And no, it’s not another hurricane warning.
Rather, a different storm is brewing. And these winds of change may just be able to whip the crypto markets back into a bullish mode.
Indeed, Juan Villaverde recently revealed This Surprising Force Could Help Bitcoin Break Out. Though, if you’ve been avidly keeping up with Juan’s updates, it may not be so surprising to you.
It’s global liquidity. And this rising tide could lift not only the crypto market, but all risk assets. And Juan wants you to see the big picture here. Which is why he dives into the source of this liquidity surge … and why it’s likely only getting started.
And Juan isn’t alone. Dr. Bruce Ng agrees, proclaiming Bitcoin Stirs as Breakout Nears.
While two key metrics mean we still have to wait a bit for the big rally, he reveals the three macroeconomic forces that are likely to push prices higher once it comes.
You know what that means, right?
It means investors like you are running out of time to Prep for the Coming Crypto Party. Our Editorial Director Dawn Pennington wants you to know why she’s not worried about the near-term volatility in the market right now.
And one unique opportunity on the horizon that you do not want to miss.
Investors will do well to remember that while Bitcoin will likely be the first big mover in the coming rally, it isn’t the only one.
And with its founders’ recent release from prison, Marija Matić says the Spotlight Is Back on Binance as CZ Makes His Comeback.
According to her, the fact that the largest centralized exchange was able to survive its founder and former CEO’s incarceration — and the $4.3 billion in penalties Binance had to pay as a result — is a big sign of strength. And of its community support.
But that’s just the beginning. In her Weiss Crypto Daily update this week, Marija reveals five other pillars supporting Binance and its native token BNB (BNB, “C+”) that investors should be aware of.
Finally, tech expert Jurica Dujmovic highlights an emerging sector that could let investors Earn Money While Decentralizing TradFi Systems.
It’s called DePIN, and it aims to bring the benefits of decentralization to every industry with the help of blockchain technology. According to Jurica, DePIN projects offer a forward-looking alternative for those seeking to capitalize on the future of infrastructure.
Particularly the three project he mentions in his latest update.
But that’s all we have for you this week. Check in tomorrow afternoon for your next Weiss Crypto Daily update.
Best,
Beth Canova
Crypto Managing Editor