🧵 1. Crypto veteran Chris Burniske predicts a new bull run, citing favorable technical conditions and infrastructure maturation in the digital asset landscape. #crypto
🧵 1. Crypto veteran Chris Burniske predicts a new bull run, citing favorable technical conditions and infrastructure maturation in the digital asset landscape. #crypto
🧵 2. Burniske believes crypto is emerging from an 'early bull' reset, with global liquidity boost and higher lows for quality assets setting up for upside surges.
🧵 3. After a correction, Bitcoin and the broader crypto market rallied post-Fed rate cut, with BTC trading at $63,217, up nearly 30% from its recent low.
🧵 4. Despite potential Q3 turbulence, Burniske sees a promising early bull setup for crypto, driven by sentiment reset, leverage flush, and central banks easing.
🧵 5. Burniske urges caution against volatility but notes crypto's active address growth and ongoing experimentation with apps signal a positive outlook for the asset class.
🧵 Read more at: https://dailyhodl.com/2024/09/22/investor-chris-burniske-says-crypto-emerging-from-early-bull-reset-sees-favorable-conditions-for-asset-class/