$BTC Could Be On the Verge of a Never-Before-Seen Rally, Pushing Alts and This Memecoin Sky High
Coinbase recently shared its fourth-quarter report for 2023, and earnings were up big- a classic sign of a revitalizing industry. Two months later, prices have been steadily climbing, and Bitcoin ($BTC) could be on the verge of a never-before-seen rally pushing alts and memecoins like Galaxy Fox ($GFOX) sky high.
The worst position for investors is to be under-exposed as digital assets crash into the mainstream, and once $BTC breaks, ATHs expect a flood of new retail traders to enter markets. The top 5 cryptos to invest in will all print 100X returns in the next six months. And at the front of the pack is $GFOX.
Bitcoin ($BTC): Unprecedented Rally Loading?
Bitcoin really could be on the verge of a totally unprecedented rally. Inflows from ETF issuers have been driving $BTC’s price relentlessly upward as demand outstrips supply. ETF issuers are already buying more $BTC than miners can produce. With the halving two months out and the issuance rate soon to slash in half, everything points to $BTC exploding in value.
There can be no argument that $BTC is one of the best cryptocurrencies to buy for anybody long on crypto, and the massive demand from institutional money shows no sign of abating. Crypto is still a relatively small industry compared to the TradFi giants, and the constant allocations to $BTC via standard brokerage accounts are repricing the asset.
The fear looming that Powell will have no choice but to debase the dollar to deal with the United States’ mountain of debt is rocket fuel for the Bitcoin narrative. And as Fink once said, the ‘flight to quality’ is already taking place. But with $BTC moving so aggressively, the natural question is how high can altcoins soar?
Galaxy Fox ($GFOX) Ready To Rally Sky High
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