Things are lining up for #bitcoin bull:
- US Debt: $34.8T
- Only 450 BTCs mined per day
- Spot ETFs have bought 1M BTC
- 156 days until presidential election
- Saudi not renewing Petrodollar deal
- M2 money supply increasing since Feb
- 71k BTC taken off exchanges last week
Spot ETF haven't bought 1M btc. A huge part of that is customers going for lower fees
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