Hello!

I try to not be bullish, but it's getting difficult. The Bitcoin balance on exchanges sits at 5 year lows!
They are fighting to get your Bitcoin and people are not going to sell at this prices.
Don't be fooled, the time to be onboard is now, they know it, and they are accumulating at a very fast rate. This has been one of the first times in history that retail has front-runned the institutions. They want our Bitcoin, be strong, don't sell now, all this years of struggle will pay off.

Take a look at the chart:

Whether you like it or not, the number will go up. If you don't hodl Bitcoin and you are full in alts, it also applies to you. Everything will go up when the FOMO kicks in, HIVE hodlers will be rewarded too. We just need to be a little more patient.

Waiting on the sidelines never has been easy, but it's the strong that will get all the gains.
We know it, they know it, it's programmed.

2nd wave of ETF buying

It's hard to not be bullish when you look at this BLACKROCK (IBIT) - Bitcoin ETF inflows chart:

It looks like the second wave of inflows has already started for the Blackrock ETF hodlers. I would like to know if institutions are also buying in. An interesting metric is the % of retail vs institutions owning the ETFs.

I can't be more excited than I am.
The journey will be crazy, I'm ready.
100k is on the horizon, hopefully we will see this number before the end of 2024. However I am ready if it takes longer.

I hope you have a great weekend!

Posted Using InLeo Alpha