Your Bitcoin Hits $2.5 Million When this Happens

For #Bitcoin to reach $2.5 MM, a spot ETF is necessary, but not sufficient. In this video, we describe the catalyzing forces needed to propel #BTC to the next level.


Today's Topics
Despite the doomer narrative, demand for US Treasuries remains strong and banks are the primary buyer
When banks are allowed to use treasuries as risk capital, it will allow them to instantly lend more into the market, creating a tidewater of liquidity for risk assets including Bitcoin
Retail investors have been the primary driver of adoption since Bitcoin was invented
But consumer finances are in bad shape and dry powder won't be available for many this time arround
A new narrative, pushed by ETF companies like Black Rock, will focus on Bitcoins ability to add additional gains to battered portfolios, creating more adoption at the 401k level, with many buying bitcoin without knowing it
While adoption will be pushed through ETFs, a weakened dollar will provide a massive pump as it continues to weaken below $90
While it's unclear when the dollar will fall, mounting geopolitical instability, high debt levels, and congressional gridlock will likely contribute to dollar weakness
On the development front, the lightning network, Drivechains, and Ordinals shine a light on possible challenge and opportunities for expanding the value of the BTC network
Finally, while most analysts are excited about the potential upside from a Bitcoin ETF, few are as bullish as Cathy Wood, micharl Saylor, and Arthur Hayes. But pushed to choose, Saylor's $250K target is the most sensible. And to date, he seems right more often than not.

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Disclosure Statement
This content is for entertainment purposes only. Nothing shared during this broadcast is or should be considered financial advice. The views and thoughts shared here are simply opinions. Do your own research and consult a registered financial advisor before making any investments.