- Lark Davis highlights the many bullish moves ahead.
- Could the bull market really be ending?
- Several stimulus moves could send a flood of liquidity into the crypto market.
The crypto market grows steadily more bearish as the price of BTC and ETH continues to dwindle at a rapid pace. Presently, the price of BTC is trading in the $85,000 price range, leading analysts to believe that even greater dips are expected and BTC moves into a bear market. At this high FUD time, Lark Davis highlights the many bullish moves ahead. Could the bull market really be ending?
Lark Davis Highlights the Many Bullish Moves Ahead
Over the last 24 hours alone, the price of BTC and ETH have both taken heavy price hits. To highlight, the price of the pioneer crypto asset, Bitcoin (BTC), is down by over 7% falling from $91,000 to $85,000, and continuing to dip at a rapid pace. Similarly, the price of the pioneer altcoin asset, Ethereum (ETH), has fallen over 8% in the last 24 hours, taking its price from $3,000 to $2,700 in a rapid price decline.
What’s concerning is that the reason behind this price decline seems to be coming from no root cause. There have been no heavy sell-offs, no core liquidation event, no extravagant dump reasons. Most analysts can tell is that liquidity is drying out, and it is drying out fast, and when liquidity dries out, capital flows from risky assets to non-risky assets. But, the price of non-risky assets is also lower than their recent highs at the moment.
At the moment, this has left most analysts baffled. Why is liquidity drying out when what was expected was a solid capital flow into risky assets since the gold price just topped a few weeks ago? Are the markets waiting for a capitulation event or a major catalyst to trigger a liquidity pump? It seems the market may actually be preparing for several indicators and factors to play out, a move that can bring in a massive flow of liquidity.
As we can see from the post above, a reputed crypto trader, analyst, and enthusiast, Lark Davis, goes on the highlight the many bullish movements that could bring a large wave of liquidity into the crypto market. To highlight, he mentions President Trump planning $2,000 stimmy checks, Japan preparing for a $110 billion stimulus package, China giving a $1.4 trillion stimulus package, and the US issuing $1.9T in treasuries every year.
Could the Bull Market Really Be Ending?
Additionally, he also sheds light on how the Fed is about to end QT, how Canada is starting QE, and mentions how the Global M2 supply is sitting at record highs. He concludes by saying that with so much liquidity about to flow into the market, how could one think these are the signs of a bull market ending? Responses to the post will add to bullish turnaround price movements soon.
One response says that a massive wave of liquidity is about to hit risk assets and that this isn’t the bull wheezing its last breath, but rather that it is the river rising, ready to float the ark higher if you’re already onboard. Another says that global liquidity is turning back on across the board. These factors are the fuel that usually starts the next leg. Ultimately, all these stimulus signals are pointing in one direction, a liquidity flood.
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