➜ 1 year of recovery
1 year of halving (the same year BTC hits a new ATH)
1 year of a full-blown parabolic run
1 year of crash (70%–80% drawdown)
BTC is expected to hit a new ATH in Q4 of 2024
Currently, the BTC price is mimicking the 2020–2021 cycle, so let's see how things will proceed
♦️ A few months of consolidation during the summer
♦️ Bullish Q4 of 2024 and a new ATH of $70,000
♦️ $100k $BTC in Q1 of 2025
♦️ Full-blown altseason where alts will pump 100x-1000x
♦️ Some consolidation and correction in Q2 of 2025
♦️ In Q3 of 2025, the pump will resume, and BTC will hit $200k–$250k in Q4 of 2025.
𝑊ℎ𝑦 𝑊𝑖𝑙𝑙 𝑇ℎ𝑖𝑠 𝐻𝑎𝑝𝑝𝑒𝑛?
➡️ The BTC price is always driven by supply and demand.
➡️ With the halving and ETF approval, there will be a reduction in supply emissions, and demand will increase.
𝑊ℎ𝑒𝑟𝑒 𝑊𝑖𝑙𝑙 𝑇ℎ𝑒 𝑀𝑜𝑛𝑒𝑦 𝐶𝑜𝑚𝑒 𝐹𝑟𝑜𝑚?
COMPANIES CASH HOLDING
In the US alone, companies hold over $4.5T worth of cash on their balance sheet, which is depreciating in value every year.
With the introduction of new accounting rules, it will be easy for institutions to hold BTC on their balance sheet.
BONDS
Right now, there are over $10T worth of bonds that are yielding 0% or negative, and this money will enter into BTC.
Imagine even 5% of that money entering BTC; it will push BTC to new highs.
GOLD MARKET SHARE
BTC is the new digital gold, and it has every characteristic that makes gold money.
Slowly, people are realizing that BTC is the new gold, and they are flocking to BTC.
Gold has a MCap of $12T, and now with spot ETF approval, it will be even easier for gold investors to dump their gold and hold BTC, which is the superior money.
𝑊ℎ𝑎𝑡 𝑆ℎ𝑜𝑢𝑙𝑑 𝑌𝑜𝑢 𝐷𝑜?
🟠 Hold utility-based coins
🟠 Don't panic.
