1)ETFs create a ‘deadend avenue’ for investors because historically retail will buy #bitcoin on an exchange & trade it for Altcoins.It tapered holding #bitcoin but the ETF’s create a ‘blockage in that valve’ that would historically leak value from #BTC to Altcoins.

2) #Bitcoin is blending in with traditional credit products & becoming collateral for fiat loans. More complex financial credit structures create more demand and holding #bitcoin off the market.

3) If The US government follows through on the #Bitcoin Strategic Reserve plan, it will send out a game theoretical signal to the market for nation state demand.

4)The US Federal Government giving its stamp of approval on #Bitcoin legitimizes it as an asset for the world.

nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy giving reasons for his #Bitcoin SuperCycle thesis and why this time is different on the nostr:npub14pymadh04lt8tl3lv93yr3vnlxw39s3ahdvmhvlu6u27fve8umfqa9zd6m Bitcoin Alpha podcast.