"ETF Reality Check: Will $100 Billion Really Catapult Bitcoin?"
๐ก Insightful Analysis:
Significant buzz surrounds the potential approval of a Bitcoin spot ETF in the US.
What if this anticipated bullish wave is not as potent as it seems?
๐ฐ Hypothetical Influx:
The ETF could inject tens of billions, let's say $100 billion, into the Bitcoin market.
A cursory glance suggests a mere 12% increase in Bitcoin's $850 billion market cap.
๐ Deeper Dive:
Consider the fact that 70% of Bitcoin hasn't moved in over a year.
Amplifying the analysis, $100 billion inflow targets a liquid market cap of approximately $255 billion โ a ~40% boost.
๐น Underwhelming Impact:
At a $43,000 Bitcoin price, a 40% surge lands us at $60,000 โ still shy of the previous $69,000 all-time high.
๐ป Not Bearish, Just Realistic:
@Bitcoin Gurukul isn't pessimistic about Bitcoin.
Foresees a new all-time high in 18 months, but not solely due to the ETF.
๐ Factors at Play:
Bitcoin halving in early Q2 promises a supply shock, reducing incoming Bitcoin from 900 to 450 per day.
Global central banks, including the Federal Reserve, likely returning to loose monetary policy over 18 months.
๐ Synergy Unleashed:
ETF-driven demand + Halving's supply reduction = Potential price surge.
๐ Beyond the ETF:
Federal Reserve hints at interest rate cuts, hinting at a market-friendly approach.
Loose monetary policies historically elevate speculative assets like Bitcoin.
โ No Concrete Targets:
@Bitcoin Gurukul doesn't play the price target game but envisions Bitcoin rising by hundreds of percent in the next bull market.
๐ Investing Uncertainties:
Investing is tough, predicting the future even tougher.
Yet, one certainty: Bitcoin's continuous block-by-block transactions resonate globally.
๐ Conclusion:
Unravel the complexities shaping Bitcoin's future โ an ETF, halving, and economic shifts in a captivating journey.
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#Bitcoin #ETFRealityCheck #CryptoInsights #BitcoinGurukul #InvestingUnveiled