In my 6 years in crypto, this is one of the most bullish setups I’ve ever seen.
In hindsight, it’s going to be ridiculously obvious.
There are some MONUMENTAL catalysts on the horizon.
![Bitcoin](https://ourdailygist.com/wp-content/uploads/2024/07/pexels-photo-730564-1024x768.jpeg)
In this post, I’m going to outline 10 major catalysts brewing right now for crypto.
There has been a lot of talk recently about headwinds (Germans selling, Gox, macro etc.)
But the reality is, there is A LOT to look forward to.
Here are 10 clear market catalysts.
1. The German government has run out of $BTC to sell.
The best thing about overhang, is that once selling is priced into the market, there is a floor on downside and headroom for price to move higher.
We still have Gox, but there’s now light at the end of the tunnel.
2. Bitcoin ETF inflows remain strong.
I think many people are underestimating the magnitude of the long-term impact of the ETFs on $BTC.
It provides a strong passive bid for the market, and appetite for the ETF isn’t going away (we’ve had +$1b this past month).
![](https://ourdailygist.com/wp-content/uploads/2024/07/20240716_2332443736517831659089287-876x1024.jpg)
3. The US presidential election.
Polymarket currently has Trump at a 70% chance of winning the election.
There is no doubt that a Trump presidency is a positive catalyst for crypto, given his administration is supportive of the industry (in stark contrast to the Democrats).
![](https://ourdailygist.com/wp-content/uploads/2024/07/20240716_2333331020260169561604870-1024x821.jpg)
4. Trump is speaking at the BTC 2024 conference.
Let that sink in.
The likely next US PRESIDENT is advocating for $BTC at crypto’s BIGGEST conference.
Over the past month, Trump has spoken glowingly regarding BTC/crypto – and this further strengthens the case.
![](https://ourdailygist.com/wp-content/uploads/2024/07/20240716_2334095101401346354748807-1024x635.jpg)
5. FTX is repaying $16b to creditors.
There has been much talk about the German + Gox overhang.
But comparatively little talk about the $16b ($12b in cash) that is being repaid.
Many of these recipients will likely re-enter the market, leading to a fresh bid.
![](https://ourdailygist.com/wp-content/uploads/2024/07/20240716_2334396279338515392661833-1024x792.jpg)
6. The Global Liquidity Cycle.
It’s crazy how correlated crypto (especially $BTC) is to global liquidity.
Interestingly, we’ve been closely following a 65-month cycle.
This would suggest a late 2025 peak.
![](https://ourdailygist.com/wp-content/uploads/2024/07/20240716_2335054252075284203483596.jpg)
7. Spot ETH ETFs are going live.
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.
Remember that this is THE FIRST EVER ALTCOIN TO GET AN ETF.
8. Goldman Sachs is launching 3 tokenization projects.
If you thought tokenisation was a fad – think again.
The institutions are here, and fundamentally this lends significant credibility to the space – directly benefiting many alts like ETH/RWA.
9. Rate cuts.
Macro can either be a headwind or a tailwind. But if it moves in the right direction, it can aid all of the aforementioned factors.
The market is currently pricing in the possibility of 3 rate cuts this year, with a 90% probability of 25bps cut in September.
![](https://ourdailygist.com/wp-content/uploads/2024/07/20240716_2336301220669440818919503-1024x305.jpg)
10. Markets are forward looking.
Over the coming months, you’re likely to see the market price in these tailwinds.
As crypto is highly reflexive, a positive bid off the back of increased sentiment can, in and of itself, lead to a major rally.