The biggest Bitcoin run ever?

I believe we'll experience the largest bull run for this asset like we've never seen before because of the following:

  • There was a huge demand shock for years after the first Gold ETF approved from one institution. The difference is, we have 9 institutions racing for Bitcoin, not just one. Gold marketcap was already at around $4 Trillion after its first ETF approved. Bitcoin is still around $800 Billion.
  • Supply of Bitcoin Exchange Supply is in 2018 low
  • FED starting to lower interest rates this year
  • Bitcoin halving this year
  • It has proven that it's a flight to quality last year.

I don't see what's the point of waiting for a dip before or after the ETF approved/disapproved - just keep DCA since we haven't started yet.



Submitted January 02, 2024 at 03:47PM by GeekyCodeJS https://ift.tt/IYP9ehB

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