Every single day the whales are buying up Bitcoin. Then, you look at the prices and they are down. Permanent addresses, or addresses that have been buying and holding for over a decade. Bitcoin whales have moved 404,448 Bitcoins into permanent addresses over the past 30 days.
The amount of BTC on exchanges continues to dwindle. We have yet to EVER see this level of accumulation. There’s literally almost NOTHING left on exchanges. Governments are actively mining Bitcoin, and buying Bitcoin. Other governments have it as legal tender, and trade it.
My only hope is that a $100,000 Bitcoin will wake people up. The wealth gap is crazier than Victorian times. Even banks know the vast majority of people will never be able to pay off there personal debt. Everything about the system is telling you to consume, to get more, to buy. You are not happy, and you don’t have enough. Go buy something.
It’s disgusting the amount of money people are spending on nonsense rather than investing. So many people aren’t getting it. The world is transitioning so fast. 30 days, 400,000 Bitcoin. Dang that out a year, that’s 4.8 million BITCOIN. This is only permanent addresses. Mathematically, they won’t all be able to buy them.
14 years ago you could’ve bought Bitcoin for $1. If Bitcoin goes over $200k this cycle, where does Bitcoin go in 2028, or 2032? Some people I know have NEVER invested. Every analyst is coming to the exact same conclusion, and same number for Bitcoin.
If we get to $500,000 Bitcoin I think the average person will be so desperate to own any fragments of it that it will be the next push to $1,000,000. There are people who have been buying nonstop for a decade. There are people now who will never be able to catch up. Some people have nothing at all. You’ll have friends, and family that didn’t listen to you who refuse to invest. There’s generational wealth to be made, and people aren’t paying attention.
I’m almost desperate to reach $100,000 to $500,000 Bitcoin because I want other people to get it. The elites will own all the Bitcoin. The next two halvings: 2028, and 2032 is the point of literal-no return. The amount of Bitcoin that comes out per block will be only mere satoshi’s. There’s only so much Bitcoin and this is no overstatement. We live in some crazy times.
30 days 400,000 Bitcoin. Thank you all. Stay well.
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