#etf #BTC🔥🔥 #BTCMove #BullishCross
I think there are only 3 things relevant right now and here are the 3 things.
The halving is coming with 100% certainty.
And as far as I can see, most of the selling of #BTC in the market is the bitcoin miners that have to sell in order to pay their electricity bills & pay their debt expenses & their operating expenses.
So that amount of selling pressure is going to be cut in half in a few months, so we know that’s coming.
And then we know there a spot Bitcoin ETF coming and when that comes we plug into Wall Street and the entire banking system.
And then finally that fair value accounting is coming and when that happens the objective will go away.
And now you’re going to introduce this as a conversation into hundreds of boardrooms.
They will not move in a week. They move quarterly but over the course of 12 quarters, you’ll start to see company after company looking at this & you’ll start to see a reallocation of assets.
At the end of the day, corporations only hold 2 assets.
They hold cash and they hold bonds and so if Bitcoin is available as an asset pari passu to a bond, then you’ll see a reallocation from bonds to Bitcoin.
And then in the institutional investor side, you’ve got all these people holding real estate, holding commodities, holding gold, holding ETF and S&P indexes and the like.
And if they start to reallocate and they will, 1% and 2% and 5%. Then you’re going to have something that has never happened in the history of the world which is you’ve got an ETF on a commodity that is scarce.
Every other ETF in the world is on an asset that is not scarce, it’s inflationary.
You can make more buildings, you can make more real estate, you can make more gold, you can make more commodities.
You can make $4 billion worth of any of any of those things.
The underlying producers produce more of the asset to deflate or to depreciate the price.