1) Institutions have yet to leg into their positions. Managing Directors don't like new ideas until they're convinced they can get paid from them. 2) Registered investment advisors who have clients with actual money (hundreds of millions) and aren't allowed to sell the ETFs yet. The major RIAs aren't selling to clients yet and even a small allocation across portfolios means massive flows (billions). 3) Massive flows of fiat into crypto exchanges and ETF products creating a solid base of buying pressure for the underlying assets (Bitcoin). 4) MSTR going patabolic, it's addition to the S&P 500 will create passive flows via retirement accounts and 401ks across the US. Other companies will follow suit. Biweekly retail investors will stack sats via shares. 5) Basic TA. Breakouts lead to new highs. Bollinger bands are tight af, they need to widen out. 6) This is a long term commodity cycle playing out over a 16 year period. This is a left translated cycle taking place pre-halving. Forgot to mention the halving hasn't happened yet. Selling pressure is about to get cut in half. Exit strategy? Who needs one. When this trend fully plays out (decades from now) a holder won't want fiat. And if they needed it what is cheaper? Long term capital gains ot borrowing against your stack at a fair IR? I'm jacked! Jacked to the tits! New ATHs are here again. Congrats to anyone with ???????? from the depths of the bear market. [link] [comments] |
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments