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#BTC In the blink of an eye, 2024 is already the fourth quarter. The ETF approved on January 10th has been ten months in the blink of an eye
The US ETF has increased its holdings of 920,000 BTC
The holdings grew rapidly from January to March.
From March to now, it has increased by 100,000. The speed has slowed down, but the amount is still considerable.
This can also be seen from the corresponding market this year.
The institution is like an old thief, secretly increasing its holdings
After the halving in April, the output of Bitcoin became 900 pieces/day = 27,000 pieces/month.
Slightly more than the amount of ETF holdings, so it is normal for the price to fluctuate and fall
But the balance will not last too long, and the floodgates have been opened. There must be a time lag from the gate opening to the water flooding.
In addition, the US election on November 5 may accelerate this process.
As a firm bull, I am definitely not worried about the BTC market.
#6万保卫战 #9月美国CPI实现6连降 #加密市场反弹 #多军的反击