Cash on the sidelines to drive Year End rally crypto?

Unless you have your head in the sand you saw BTC is approaching $68K, up dramatically since touching a low of $52,100 recently. Along with its meteoric rise its dragging along the alt coins. I see that DOGE and LTC are on the move as well.  Let's not overlook Ali Martinez's eXtreme optimism that ETH is forming a Bull flag and is set to soar.  The entire crypto market added $140 Billion value in just 2-days. Sounds like sidelined cash is being put to work, would you agree?

Macro Fundamentals

According to Daily HODL you are collectively sitting on $6T of sideline cash and are suffering from fatigue waiting on the promised US Recession for the past 2-years.  

Additionally, with both US presidential candidates advocating in some form or fashion crypto this could aid in a rally into and after the election forming YE Bull run. 

We can't sit back and ignore how well BTC has been correlated to US Equity markets. So, IF the equity markets are near or at all time highs. How much should you really believe this Bull has legs to run?

Let's not overlook the US $ Index (DXY) has had a nice rally since end of Sept...does that impact BTC's abilities?

IF this is a new Crypto Bull Market are you under weighted?

• Will you be investing in new projects or a mix of old and new?
• Do you have you selections ready to buy? Do you have your exit prices?
• Do you have a stop level in mind if the trade moves against you?
• Do you believe enough in this bull market to use leverage? 
• Or will you more of the camp that THIS is the time for riches to invest life savings?
• Or will you be unloading some of your old bags to cash to wait for another Bull run?
• How do you think the BTC and ETF's will impact a fresh Bull market
• How will US Elections in less than a month impact your crypto weight?

Disclaimer - I am not a financial advisor nor is this financial advice!!!

Summary

I believe its too early to tell if this is just a Bear market rally or its the real deal taking BTC and others new fresh all time highs! But it get the blood boiling that is for certain. We will have a better understanding of all markets in the next 3-4 weeks/

Credit - Medium.com for Blog pic, all rights remain