Like it, Hate it, Understand it, or Not: Bitcoin Spot ETFs are COMING SOON! 🪙📈⬆️🤑

1 year ago
177

BlackRock admitted to seeding their incoming Bitcoin Spot ETF in their latest revision filing with the SEC. Expect a $50k to $70k+ Bitcoin when these are approved before the Halving. After the Halving, we may see a $100k or higher BTC.

The next step is when Countries and Central Banks adopt BTC as a new reserve asset. That is 5 to 10 years away. When that occurs, expect to see $1M BTC.

The next step after that is for Bitcoin to become a World Reserve Currency and we will see things like Oil, Gold, etc., priced in BTC, not USD. Expect to see $10M+ Bitcoin at that stage.

KEEP THIS IN MIND: If you bought just $1 worth of Bitcoin 13 years ago when it went from having no value to worth 1¢, you would have $3.4M today. If you think you missed the BTC train, you're wrong. BTC is the only deflationary asset known to man. It will continue appreciating more than Gold, Silver, Stocks, Bonds, Property, etc., forever. It would suck to look back in 10 - 20 years and realize you could have DCA'ed 10% of each paycheck into Bitcoin and retired early and with great wealth. The current $34,400 BTC will look extremely cheap, and explaining to your kids and grandkids why you didn't buy any, even worse: opposed it because you didn't want to bother to learn what Bitcoin is, will be a fool's errand that will have generational repercussions on your families financial well being.

People buy Bitcoin when they are ready to admit they were wrong about Bitcoin, and when they do they will buy some at the price they deserve to pay.

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