Welcome 👋🏼
I could curate a novel for you to read each week or I could spend hours writing 5 minutes worth of reading material to give you the perspective you need.
I choose the latter and as a result you will never see me give you
a summary of the news in crypto 🤢
airdrops of the week 🤮
the best DeFi yields right now 😀🔫
or any other bullshit that the writer isn’t implementing themselves and doesn’t find value in.
With that said, a few weeks back, I told you to watch for the DXY, which was breaking down - our first sign that the bull run is not over.
Then i followed that up by showing you that the global cutting cycle and liquidity cycle was starting to accelerate - signs #2 and #3 that the bull run is not over.
Next, I’ll remind you of the macro environment we’re in 👇🏼
✅ US core PCE inflation ~2%
✅ unemployment weakening steadily
✅ US GDP growth steady at 2.1%
✅ soft landing (basically) achieved
✅ US interest rate cuts starting
✅ global liquidity rising
and If you're wondering why this is positive - rate cuts lift consumer spending and corporate capital expenditure and household wealth which ultimately leads to another leg up in economic growth. Signs #3 to #8 that the bull run is not over.
Finally, I’m breaking out the big guns - an on-chain indicator I was saving for my “buying the bottom” series. I figure if this doesn’t give you the confidence that the bull run is not over then nothing will.
So here it goes. An indicator with a 100% track record that tells us the bull run is not over 🔥
⚠️ DISCLAIMER ⚠️
The content provided by PROJECT 10X PTY LTD (Filip Brnadic) is for educational purposes only and is not financial or investment advice. PROJECT 10X PTY LTD is not a licensed financial adviser under Australian law.
Investing involves risk, including the potential loss of all funds. Seek independent advice before making any financial decisions.