The end of Quantitative Tightening (QT) and Vanguard's new allowance for Bitcoin purchases are bullish catalysts for crypto, with a potential Fed rate cut in December further supporting the market. Bitcoin is currently down 31% from its all-time high, suggesting a favorable risk/reward for long positions. Michael Saylor's MicroStrategy ($MSTR) $1.44 billion reserve also alleviates concerns of forced selling from a major corporate holder.