850B Crypto Liquidity Surge INCOMING!!

"To understand this, you need to know about something called the Treasury General Account or the TGA. Think of the TGA as the government's main checking account at the Federal Reserve. During the shutdown, as tax revenues continued to come in, but the government spending slowed to a crawl, the balance in this account swelled to a staggering $1 trillion. And this effectively acted like a giant vacuum sucking approximately $700 billion of liquidity out of the financial system. Less liquidity means less capital available for risk assets. And this drain was a major factor weighing down both stocks and crypto over the last month. But now that process is about to go into reverse when the government reopens its doors, it will start spending that money. The TGA balance will be drawn down, injecting hundreds of billions of dollars up to 850 billion back into the market. And this massive liquidity snap back is a powerful tailwind for all risk assets. It's like turning on a fire hose of capital right as we head into the end of the year, a period that is historically very strong for Bitcoin."

"Strategies Michael Sailor is sticking with his $150,000 target. The CIO of Bitwise, Matt Hogan, believes we could easily see new all-time highs, meaning north of $125,000 to $130,000. And analysts at JP Morgan have a year-end target of $165,000, assuming the market can of course reclaim key levels."

"The most important level is without a doubt $100,000. And this is now the psychological and technical floor. The market has shown it will aggressively defend this level. But a sustained break and close below it would be extremely bearish and would open the door to a much deeper correction. Below that, the next major support zones are around $95,000, which is where medium-term holders have their cost basis. And the ultimate line in the sand at $88,500 is where the active investor realized price sits."

"For the bull trend to truly resume, the price needs to reclaim this level and turn it back into a support. If it can do that, the path is open to retest the previous all-time high of around $126,000."

"The first test will be reclaiming that critical $110,000 to $112,500 zone. If the bulls can climb that hill, the path to new all-time highs is clear. If they fail, we could be in for a longer, more frustrating period of consolidation."

"Now, there is currently a 68% probability of another interest rate cut at their 10th of December meeting, which would be another positive for risk assets."

"Furthermore, with the government reopening, the SEC can get back to work clearing its backlog of crypto ETF applications. A wave of altcoin ETF approvals could generate a fresh surge of positive sentiment across the entire market."