When Bitcoin first hit $10k, I thought at $100k, the world would be in pure chaos, due to the amount of liquidity and inflation needed to actually hit $100k.
No one cared.
The fact that Gold is at $3,300, essentially doubling in 18 months. Again, no one cares.
That tells me
$BTC has done a 5x from the cycle bottom and let’s be honest outside of this platform it’s silent.
$MSTR announced the largest ATM equity offering in capital markets history.
Why is everyone oblivious?
There's 1.8M - 2M #Bitcoin left on exchanges.
My assumption is that BlackRock will acquire 1M BTC for the ETF.
Then, there are 12 other ETFs, plus public companies, that are now incentivized by FASB to adopt fair value accounting.
#Bitcoin this cycle will be deemed an "ESG