According to investor Chris Burniske, Bitcoin, Ethereum, Solana and the crypto markets seem ready to “send” if the stars align

Crypto investor Chris Burniske says Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and the crypto market in general seem ready for a rally.

The former head of crypto at ARK Invest tells his 292,200 followers on social media platform X that several catalysts are currently lining up, suggesting that digital asset markets are on the verge of a rally.

According to Burniske, a partner at venture capital firm Placeholder, the highly anticipated launch of Ethereum-based exchange-traded funds (ETFs), Republican presidential candidate Donald Trump’s speech at an upcoming Bitcoin event, and the current state of the BTC, ETH, and SOL charts all point to a major bullish trend for the crypto markets.

“With the upcoming launch of ETH ETFs, Trump’s speech at the Bitcoin conference, and BTC, ETH, and SOL charts looking like they’re about to go down (while stocks are weak), it’s hard to imagine a world where we’re not broadcasting next week.”

Reuters recently reported that preliminary approval for ETH ETFs has been granted, while the Bitcoin conference is scheduled to take place from July 25-27.

BTC, ETH, and SOL are trading at $67,333, $3,528, and $174, respectively, at the time of writing.

The venture capitalist also provides an update on his prediction that the total market cap of crypto assets will eventually reach $10 trillion. According to his chart, the road to $10 trillion is currently “23%” complete, as it sits at around $2.2 trillion.

Earlier this month, Burniske said in an interview with Real Vision CEO Raoul Paul that he was keeping a close eye on the Move ecosystem, which was originally built by social media giant Meta and then used to develop the Layer 1 blockchains Sui (SUI) and Aptos (APT).

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