Nobody is selling and too many things are coming online that benefit Bitcoin:
Bakkt, Fidelity, eTrade, TD Ameritrade, Possibly Ebay, halving, uptick in inflation from trade war, huge deficits/entitlement gaps.
We are also seeing no correlation with Bitcoin and the S&P500. It is acting like a real store of value.
Institutional investors know we are still in the basement with the price relative to where it will go in the upcoming years which is most likely beyond $200k. Expect to go higher.
Bakkt, Fidelity, eTrade, TD Ameritrade, Possibly Ebay, halving, uptick in inflation from trade war, huge deficits/entitlement gaps.
We are also seeing no correlation with Bitcoin and the S&P500. It is acting like a real store of value.
Institutional investors know we are still in the basement with the price relative to where it will go in the upcoming years which is most likely beyond $200k. Expect to go higher.