Name: Bitcoin Supply Shock Meets Flood of ETF Approvals
Uploaded: 2023-12-01T00:00:00+00:00
Duration: 12 min 24 s
Description: The Runway to Michael Saylor's Bitcoin price prediction of $5,000,000 per BTC is clear! Bloomberg Analysts Eric Balchunas and James Seyffart project a flood of spot Bitcoin ETF approvals to be approve

9 months ago

125

The Runway to Michael Saylor's Bitcoin price prediction of $5,000,000 per BTC is clear! Bloomberg Analysts Eric Balchunas and James Seyffart project a flood of spot Bitcoin ETF approvals to be approved all at once, including Larry Fink and Blackrock, and also Cathie Wood and Ark Invest! They're also coming sooner than you might expect! Trillions in institutional money waiting on the sideline to hop in, but the Bitcoin on exchanges is at its lowest since 2016! You know what that means?! You don't want to miss this one!!

There is no second best!!

#bitcoin #bitcoinetf #blackrock #larryfink #arkinvest #cathiewood #bitcoinnews #bitcoinpriceprediction #fidelityinvestments #jurrientimmer #btc #simplybitcoin #michaelsaylor #microstrategy #etf

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Sources and Media
► SEC most likely to approve a Bitcoin ETF on either January 8 or 9: https://twitter.com/BTC_Archive/status/1730610767358038265?s=20
► Window is officially Jan 5th to Jan 10th. Really this means that any potential approval orders coming either Monday, Jan 8, Tuesday, Jan 9, or Wednesday, Jan 10. Mark your calendars. https://twitter.com/JSeyff/status/1730606890319532389?s=20
► - 90% chance of approval - Likely to be multiple at once. https://twitter.com/BTC_Archive/status/1730615211189502440?s=20
► +10 Spot ETFs issuers, One asset: https://twitter.com/MDBitcoin/status/1730605866456354894?s=20
► Increasing supply-side illiquidity is on a collision course with a tsunami of demand. https://twitter.com/MitchellHODL/status/1730269962860675538?s=20
► MICHAEL SAYLOR: 3 catalysts will take Bitcoin to $5 million: 1. Spot ETF approval - inevitable. 2. Banks custody and lend against Bitcoin as collateral - coming soon. 3. Fair value accounting rules from FASB - ✅ Approved this week. https://twitter.com/BTC_Archive/status/1700126514816110680
► WHY Bitcoin is a superior form of money than gold. https://twitter.com/CryptoNewsYes/status/1730418583811866966?s=20
► Bloomberg Analyst: Bitcoin ETFs Are A Done Deal: https://www.youtube.com/watch?v=NPLIWAqm9cE
► Larry Fink is the CEO of BlackRock. BlackRock is the largest money manager in the world holding $9,000,000,000,000. https://twitter.com/DocumentingBTC/status/1714013923731538114