BTC: What's Going on Next?

$iShares Bitcoin Trust(IBIT)$ So who's buying Bitcoin now?

Countries

Corporations

ETF's

Banks

Billionaires

Millionaires

Individuals

Ok, so how long do you think the outstanding supply, knowing that over 65% of all outstanding Bitcoin is locked up in wallets that haven't sold any Bitcoin in years, how long before the supply / demand issue pushes BTC to 7 figures? The long term HODL'ers who will not sell unless the price is 20x or more from current levels.

Even then most of those long term wallets are averaged in at much lower prices. How high a price will it take for many of these long term holders to let some go, $1M , $5M?

Additionally, the current daily demand is 20 times the daily amount of Bitcoin now being mined post halving, and that's just the demand from US based ETF's. This week the Hong Kong ETF's come online.

Now, who WASNT buying Bitcoin in the last halving cycle?

Banks

ETF's

Countries

Most other corporations

So how will this next 12-18 months of this bull cycle go? Think about it. 1/2 the supply, 100 times (at least) the demand.

I'm Ultra bullish. I believe the estimates of $200k - $250k this cycle are far too low. PlanB says $600k+ and that dude is right EVERYTIME !!!

HODL it's going to get crazy....

Bitcoin Halving Done: A New Era Begins?

The highly-anticipated fourth iteration of the bitcoin halving occurred a little after 8:09 p.m. Eastern on Friday. Bitcoin traded flat in the immediate aftermath of the halving, holding steady around $63,000. ----------------- Can the halving bring a big rise? What's your target price for bitcoin in 2024?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Bitcoin traded flat in the immediate aftermath of the halving, holding steady around $63,000.\n-----------------\nCan the halving bring a big rise?\nWhat's your target price for bitcoin in 2024?","image":"https://community-static.tradeup.com/news/cfed537a6dad65f1a3057760aec4d76e"}],"images":[],"coverImages":[],"title":"BTC: What's Going on Next?","html":"<html><head></head><body><p> <a data-mention-id=\"IBIT\" class=\"teditor-mention\" data-mention-name=\"iShares Bitcoin Trust\" href=\"https://ttm.financial/S/IBIT\">$iShares Bitcoin Trust(IBIT)$</a> <v-v data-views=\"1\"></v-v>So who's buying Bitcoin now?</p><p>Countries</p><p>Corporations</p><p>ETF's</p><p>Banks</p><p>Billionaires</p><p>Millionaires</p><p>Individuals</p><p>Ok, so how long do you think the outstanding supply, knowing that over 65% of all outstanding Bitcoin is locked up in wallets that haven't sold any Bitcoin in years, how long before the supply / demand issue pushes BTC to 7 figures? 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PlanB says $600k+ and that dude is right EVERYTIME !!!</strong></p><p><strong>HODL it's going to get crazy....</strong></p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"IBIT\" class=\"teditor-mention\" data-mention-name=\"iShares Bitcoin Trust\" href=\"https://ttm.financial/S/IBIT\">$iShares Bitcoin Trust(IBIT)$</a> <v-v data-views=\"1\"></v-v>So who's buying Bitcoin now?</p><p>Countries</p><p>Corporations</p><p>ETF's</p><p>Banks</p><p>Billionaires</p><p>Millionaires</p><p>Individuals</p><p>Ok, so how long do you think the outstanding supply, knowing that over 65% of all outstanding Bitcoin is locked up in wallets that haven't sold any Bitcoin in years, how long before the supply / demand issue pushes BTC to 7 figures? The long term HODL'ers who will not sell unless the price is 20x or more from current levels. </p><p>Even then most of those long term wallets are averaged in at much lower prices. How high a price will it take for many of these long term holders to let some go, $1M , $5M?</p><p>Additionally, the current daily demand is 20 times the daily amount of Bitcoin now being mined post halving, and that's just the demand from US based ETF's. This week the Hong Kong ETF's come online.</p><p>Now, who WASNT buying Bitcoin in the last halving cycle?</p><p>Banks</p><p>ETF's</p><p>Countries</p><p>Most other corporations</p><p>So how will this next 12-18 months of this bull cycle go? Think about it. 1/2 the supply, 100 times (at least) the demand.</p><p><strong>I'm Ultra bullish. I believe the estimates of $200k - $250k this cycle are far too low. PlanB says $600k+ and that dude is right EVERYTIME !!!</strong></p><p><strong>HODL it's going to get crazy....</strong></p></body></html>","text":"$iShares Bitcoin Trust(IBIT)$ So who's buying Bitcoin now? 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