Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»ALTCOIN NEWS»Investor Chris Burniske says cryptocurrencies are coming out of an ‘early bullish’ reset and conditions are looking favorable for the asset class.
ALTCOIN NEWS

Investor Chris Burniske says cryptocurrencies are coming out of an ‘early bullish’ reset and conditions are looking favorable for the asset class.

By Crypto FlexsSeptember 22, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Investor Chris Burniske says cryptocurrencies are coming out of an ‘early bullish’ reset and conditions are looking favorable for the asset class.
Share
Facebook Twitter LinkedIn Pinterest Email

Digital asset expert Chris Burniskey believes the cryptocurrency market is ready for a new bull market after months of correction.

A former crypto analyst at ARK Invest told social media platform X that digital assets had cooled off sufficiently after rallying in late 2023 and early 2024.

He shared a chart posted by Real Vision analyst Jamie Coutts, suggesting that technical conditions were ripe for a new surge.

“Cryptocurrencies are now moving out of a textbook ‘early bull’ reset. Don’t waver while the path is shaky, and it’s not too late to get sidelined.”

Source: Jamie Coutts/X

Looking at the overall cryptocurrency landscape, Burnisk says all conditions are aligning in favor of the asset class.

“What’s promising about our asset class isn’t just the favorable rates and liquidity, it’s the maturing infrastructure, the builder experimentation with the app, and the continued user growth with active addresses more than tripling in the last year (yes, addresses are just a proxy for users).

Last month, Burnie said that cryptocurrencies could see a huge upside due to increased global liquidity.

“While sentiment is resetting and leverage is flushing, most quality crypto assets have hit much higher lows than we saw in 2023. Meanwhile, central banks around the world are set to force easing. Q3 could be a bit more chaotic, but it’s a beautiful early bullish setup nonetheless.”

Last week, Bitcoin (BTC) and the broader cryptocurrency markets rose after the Federal Reserve cut interest rates for the first time since 2020.

At the time of writing, BTC is trading at $63,217, up about 30% from its six-month low of $49,000 recorded back in August.

Don’t miss out – subscribe to receive email notifications straight to your inbox

Price check task

Follow us XFacebook and Telegram

Surfing the Daily Hodl Mix

&nbsp

Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investment in Bitcoin, cryptocurrencies or digital assets. Your transfers and transactions are at your own risk and any losses you may incur are your own responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and The Daily Hodl is not an investment advisor. The Daily Hodl participates in affiliate marketing.

Generated image: DALLE3

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto EXEC is not the end of the rally.

July 24, 2025

Shib or PEPE: What memes coins are cut to the top 10 first?

July 17, 2025

The PBK Miner uses XRP mining to start a stable and efficient income method to easily earn $ 18,000 a day.

July 10, 2025
Add A Comment

Comments are closed.

Recent Posts

Pepescape Crypto Presale Raises $1M As Ethereum Eyes $6K, Community-Owned Exchange Gigacex Unveiled

July 30, 2025

Midl Secures $2.4M Seed Investment From Draper Associates And Draper Dragon To Pioneer Native DApp Infrastructure On Bitcoin

July 30, 2025

LayerBTC starts $ LBTC ICO to power the new Bitcoin Layer 2 for Apps and Defi.

July 30, 2025

Asia Morning Briefing: SEC’s in -kind BTC, ETH ETF reduction shift occurred in Hong Kong a few years ago.

July 30, 2025

XRP Open Interests decrease by $ 2.4B after recent sale

July 30, 2025

Is it really possible to sell Memecoins?

July 29, 2025

Encryption Inheritance Update: July 2025

July 29, 2025

Charting the Course for the Future of Decentralized Platforms

July 29, 2025

Blockchain For Good Alliance Leads Global Digital Cooperation At UN IGF 2025

July 29, 2025

Queens Park Rangers And TokenFi Announces New Partnership

July 29, 2025

Onchain AI Agents Go Live With USDC & Coinbase X402

July 29, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Pepescape Crypto Presale Raises $1M As Ethereum Eyes $6K, Community-Owned Exchange Gigacex Unveiled

July 30, 2025

Midl Secures $2.4M Seed Investment From Draper Associates And Draper Dragon To Pioneer Native DApp Infrastructure On Bitcoin

July 30, 2025

LayerBTC starts $ LBTC ICO to power the new Bitcoin Layer 2 for Apps and Defi.

July 30, 2025
Most Popular

Ethereum’s Rollup-Centric Roadmap: Challenges and Solutions

August 24, 2024

Hong Kong advances retail e-HKD testing for mortgage and loan transactions

May 27, 2024

Primary network TVL exceeds $3 billion and daily users exceed 5 million.

March 30, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.