some bullish hopium for crypto



- QT officially ended yesterday, removing a major source of liquidity drain from global financial markets

- the $11 trillion TradFi behemoth Vanguard will allow clients to buy Bitcoin starting today

- another Fed rate cut is highly likely in December

- Michael Saylor’s recent announcement of a $1.44 billion reserve to support dividend payments and service debt obligations removes fears of forced selling from the largest corporate Bitcoin holder for the foreseeable future

- meanwhile, Bitcoin is down 31% from an ATH it made just two months ago

R/R favors being bullish rather than bearish from here

what other catalysts are you guys watching?
BTC1.8%
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