Crypto has at least 5 major catalysts coming in the next several months...

Will that ignite prices?

We shall see...

If I had to take a bet, I would bet these next several months are very good for crypto, steem included.

So, what are these bullish catalysts you may be wondering?

First up, we have Facebook launching their coin at some point within the next few months.

Originally it was said they were going to launch in Q1 of 2020, however, recent news has been speculating that the release will come much sooner.

https://www.coindesk.com/facebook-set-to-reveal-own-cryptocurrency-in-june-report-says

Some are even calling for June 16th.

I can't see it happening that fast, but we may get it well before Q1 of 2020.

Either way, this news likely brings in a lot of new people to the crypto space. Something that could be extremely bullish for crypto prices.

Next up, we have the LTC halving taking place on August 6th.

The block rewards will drop from 25 to 12.5 per block.

Just like bitcoin, this likely puts a major bid under litecoin:

(Source: https://www.ccn.com/3-mega-bullish-triggers-that-can-set-the-cryptocurrency-market-on-fire)

As prices run up in ltc, it likely attracts outside capital, which will be diversifying out of ltc and into other coins as the euphoria reaches fever pitch.

Which is part of my premise of what is good for one altcoin, likely is good for the rest of the space as well.

Next up we have Fidelity, Etrade, and TDA all likely getting involved.

The date of this is a little less clear, but the rumors were sometime in Q2-Q3 of this year.

That puts their launch dates within the next several months.

Potentially opening the gates to thousands upon thousands of new investors, many of the institutional variety that don't want to worry about custody.

Bakkt can likely be included in this list as they are expected to launch at some point within the next few months as well.

Next up is the Ethereum transition from POW to POS.

That means that people who wish to keep "mining" the coin will be able to mine directly in relation to their stake.

That means that miners likely buy up large chunks of ether as we get closer to the transition.

Similar to litecoin, this will likely cause a run up in prices that will likely attract new capital into the space which will spill over into other projects and coins.

Again, what is good for one coins is likely good for a whole bunch of other coins.

This is expected to happen end of 2019 or early 2020.

Finally, the Bitcoin block reward halving.

This one is the furthest away, not expected to happen until May of 2020, but past history has shown us that it often impacts prices as soon as one year before it actually happens.

Which is right where we are currently.

If that same pattern plays out, we can expect a very bullish period over the next 11 months leading up into the halving, as well as the 12 months following the actual halving.

Not sure about you, but these 5 major catalysts all give me a very good reason to be bullish on bitcoin, altcoins, and steem over the coming months.

And these have nothing to do with the seemingly positive developmental changes we are seeing lately surrounding steem.

Stay informed my friends.

Image Source:

https://www.ccn.com/5-crypto-assets-q3-pump-catalysts

-Doc