Bitcoin breaks through $40K for the first time in 19 months.

Why?

1) Bitcoin halving in 2024, only 141 days to go.

2) More than a dozen Bitcoin spot ETFs are expected to be approved by the SEC.

3) ESG investors ($33.5 trillion) are now suddenly getting comfortable with bitcoin. Bitcoin loves "Green Energy".

4) KPMG says Bitcoin supports the ESG imperative

5) Cambridge admits overestimation of Bitcoin's energy

6) Bloomberg Intelligence research shows Bitcoin mining is leading decarbonization

7) New York and Texas State Electricity Board publish positive report on Bitcoin mining.

8) The method of accounting for Bitcoin has changed. It is now recognised at fair market value.

9) Fed rate cuts expected in 2024.

10) Global conflicts will not stop anytime soon.

11) USA is expected to print more money to finance war!

12) Argentina has now got a Bitcoin president.