“About 11% of Bitcoin's current supply is sitting on exchanges representing roughly 2.2 million coins. Based on today's prices, that equates to around $66 billion worth of Bitcoin.
From BlackRock's perspective, $66 billion is measly. Yet if just 0.7% of BlackRock's assets were allocated to Bitcoin, it would be enough to absorb all the coins currently available on exchanges.”
-Motley Fool
No one is bullish enough, IMO
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