Ten Days of Global Easing Could Ignite Mega Altcoin Season
Analysts from The Bull Theory flag the next ten days as a critical period for crypto, potentially igniting a mega altcoin season. Slowing Chinese economic data—retail sales at 3.4% YoY, industrial output up 5.2%, urban unemployment at 5.3%—have led to speculation of further quantitative easing. Markets anticipate a 25 bps Federal Reserve rate cut on September 17; dovish signals from Fed Chair Powell could inject fresh liquidity. Coordinated easing from the Fed, Bank of England on September 18, and Bank of Japan on September 19 may weaken the yen, boost dollar liquidity, and drive Bitcoin and Ethereum higher. Historically, such policy shifts spur crypto rallies of 5–10%. The Bull Theory sees potential for Bitcoin to surpass $120,000 and for altcoin season to begin, as ETFs flow into Ethereum and risk appetite expands. Traders should watch central bank decisions closely for rally triggers.
Bullish
Upcoming coordinated rate cuts and global easing by the Federal Reserve, Bank of England, and Bank of Japan are likely to inject substantial liquidity into markets. Historical precedents show that such policy shifts can trigger crypto rallies of 5–10%, drive Bitcoin past key resistance levels, and expand risk appetite, ushering in altcoin season. The expectation of a 25 bps Fed cut on September 17 and dovish commentary from central bankers increases bullish momentum. Traders should monitor these central bank meetings closely, as positive surprises could accelerate Bitcoin toward $120,000 and broaden gains across altcoins.