Here's How $BTC Could Drop to $35,000, This Is a Better Explanation Than All the Technical Analysis You've Seen About#BTCDropping to $35,000
Okay🔬, first of all, the current Market Cap of#BTCis around $1.2 Trillion (Dollars)
For $BTC to drop to $35,000, that would mean about $500 billion (Five Hundred Billion Dollars) would be taken out of the market and this would put Bitcoin at about $682 billion (Six Hundred Eighty Two Billion Dollars) Market Cap
Now, let's see, the next US election is coming and Donald Trump is very bullish on #BTC, he spoke at the Bitcoin Conference recently and he said a lot of bullish things about Bitcoin, now imagine he wins the election and he (the US government) now decides to invest $10 billion (Ten Billion Dollars) in Bitcoin
Remember, Bitcoin is a store of value, an advantage over inflation, we already have some countries that are bullish and buying #BTC
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And it is very, very important to know that Bitcoin has a limited supply, you need to understand this, we will only have 21 million#BTCavailable, plus the usual Bitcoin Halving, the lost Bitcoin will never be sold because the owner has lost access to their wallet
You should also know that El Salvador made headlines in 2021 when it became the first country to adopt Bitcoin as legal tender. The government has bought a large amount of Bitcoin, seeing it as a way to attract investment, promote financial inclusion, and reduce dependence on the US dollar.
Bitcoin is not - ETH
Bitcoin is not - LTC
Bitcoin is not - SOL
Bitcoin is not - XRP
Bitcoin is not - BNB
Bitcoin is $BTC
