Rakan on Nostr: what usually happens at the onset of global liquidity surges is an increase in price ...

what usually happens at the onset of global liquidity surges is an increase in price in anticipation of that surge. however, at that exact moment when the fiat gates are opened something in crypto suddenly blows up and kills the momentum.

Most notable is October 22' where everything in the world rallied except for bitcoin due to FTX. last times was the short overhang plus the US government selling.

I Don't know if it will happening again but things are lining up in the same way. Maybe this time its Coinbase instead of FTX.

I could be very wrong but I hate to be leveraged long on anything that EVERYONE Expects to happen i.e UpTober.

so most likely is that we will have a first week of October similar to September and August. then we will see.