This time, big money like BlackRock and Fidelity are bidding on BTC.
$100 billion+ in new money flow is expected to enter the Bitcoin market after the spot ETF approval, and all of this will happen post-halving.
If we add FED rate cuts and their endless money printing, it's highly probable that BTC will capture heavy Market cap from both GOLD & STOCKS
This will push the BTC price to $200,000 and beyond.
If you think this is not possible, just take a look at the GOLD chart.
When its spot ETF got approved in 2004, it pumped over 700%, and given that BTC is more liquid and easy to access, it could replicate the same returns in a short time frame.
#BTC in 2011 #LTC in 2012 #XRP in 2013 #DOGE in 2014 #ETH in 2015 #XMR in 2016 #BNB in 2017 #LINK in 2018 #MATIC in 2019 #INJ in 2020 #SOL in 2021 #RLB in 2022 #KAS in 2023
Don’t miss _____ in 2024 ?I will buy most suggested token with $100k.
In the early days of Bitcoin, there was a man named Laszlo Hanyecz. He was a programmer and an early enthusiast of the cryptocurrency. He had been mining Bitcoin since the very beginning, and he had accumulated a large number of coins.
One day, Hanyecz was craving pizza. He wanted to use his Bitcoin to buy some, but there were not many places that accepted it at the time. So, he posted a message on a Bitcoin forum offering to pay 10,000 Bitcoins for two large pizzas from Papa John's.
He waited for a few days, but no one responded to his offer. He was about to give up when he received a message from a user named Jeremy Sutrdivant. Sutrdivant agreed to order and deliver two pizzas to Hanyecz in exchange for the 10,000 Bitcoins.
The pizzas were delivered to Hanyecz, and he was able to use his Bitcoin to purchase them. This was the first time that Bitcoin had ever been used to purchase a real-world good or service.
Hanyecz's pizza purchase is now known as Bitcoin Pizza Day. It is celebrated every year on May 22nd, the day that the pizzas were delivered. Bitcoin Pizza Day is a reminder of the early days of Bitcoin, and it is a celebration of the progress that has been made since then.
It is also a reminder of the potential of Bitcoin. Hanyecz's pizza purchase was a small step, but it showed that Bitcoin could be used to purchase real goods and services. Today, Bitcoin is accepted by millions of businesses around the world. It is a legitimate currency that is used by people all over the globe.
Bitcoin Pizza Day is a day to celebrate the history of Bitcoin, the progress that has been made, and the potential of this revolutionary technology. It is a day to come together as a community and to look forward to the future.