Yesterday, we looked at a number of factors that could drive the crypto market to new lows. While some have accused me of spreading FUD, it's important to know what risks lie ahead and to prepare for them.
Having said that, there are also a number of potential catalysts that could happen next year which may help to drive the crypto markets out of these lows.
This isn't hopium, it's some factors and events that have escaped the crypto headlines but have a reasonable chance of playing out next year.
An easy example is the news that Hong Kong is planning on legalising retail crypto trading early next year. This is a pretty big deal given there's lots of Chinese capital that's been waiting to get back in to the crypto market after China's 2021 crackdown.
This is just one of the 10 bullish catalysts I see coming for the crypto market sometime in 2023.
This is one to watch until the end!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Fed Pause: https://www.forbes.com/sites/simonmoo…
► US Dollar Index: https://www.marketwatch.com/investing..
► Digital Euro Bill Coming: https://www.politico.eu/article/digit…
► Tonga Bitcoin Legal Tender: https://cointelegraph.com/news/tonga-…
► Facebook Instagram NFT Rollout: https://about.fb.com/news/2022/05/int…
► JP Morgan Says Crypto Regulations Bullish: https://www.zerohedge.com/markets/sho…
► Ripple vs. SEC Updates: https://www.youtube.com/@LegalBriefs
► WHO Says End Of Pandemic In Sight: https://www.reuters.com/business/heal…
► Ukraine Peace Push: https://www.nbcnews.com/news/world/ru…
► Saudi Crypto Hire: https://www.bloomberg.com/news/articl…
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
