Two massive sources of buying pressure are coming soon - FTX repayments and public companies

We all remember Mt. Gox and the FUD that those repayments would create tons of selling pressure which never really materialized, or wasn't as substantial as some people were predicting. But now we have another round of re-payments from a defunct exchange, only this time the payments are going to be made in CASH. So it's almost certain that a significant percentage of those who are repaid with cash by FTX will re-buy bitcoin with at least a portion of their money. The total repayments are at around 12.7 Billion and will create a significant amount of buyers and demand liquidity starting very soon. https://www.reuters.com/legal/ftx-seeks-creditor-votes-bankruptcy-wind-down-payments-2024-06-25/

If that wasn't already good enough news on its own, there's also a new estimate that Michael Saylor's predictions about U.S. companies deciding to add BTC to their balance sheets is an accurate forecast of what's to come. If only a fraction of the top companies put even a small percentage of their cash equivalent balance into bitcoin it will mean a massive influx of over 10.3 Billion in the next 18 months. Once CEOs of top companies and boards of directors, and investors see competing companies improving their financials by holding BTC it will be sure to start a domino effect or chain reaction of corporations quickly hopping on the trend, and it's also fantastic inflation protection and a hedge against country specific geopolitical risks as well. https://cointelegraph.com/news/us-companies-will-buy-10-3-b-in-bitcoin-over-next-18-months-btc-analyst