Right now feels like an especially good time to be accumulating Bitcoin.

The next Bitcoin halving is approaching us in April 2024, cutting the block reward down from 6.25 BTC to 3.125 BTC. Meaning Bitcoin is about to become more scarce.

Along with the halving, we have the final decision deadline for the accepted Spot Bitcoin ETF applications including BlackRock & Fidelity in March. I’ve heard varying opinions on the likelihood of these ETF’s being approved, from 0% to 100%. I don’t think the timing of these applications is a coincidence. With the Grayscale vs SEC decision coming any week now, a win for Grayscale would serve as a landmark decision and boost the probability that these Spot Bitcoin ETF’s will be approved. Even with a loss in court for Grayscale, the acceptance of these applications from big players, suggests to me that a Spot Bitcoin ETF is coming at some point in the near future.

Along with these two bullish catalysts for Bitcoin. We’re starting to see major cracks in the worldwide debt bubble. Governments, financial institutions, companies and individuals are over exposed. There are not many places to hide.

One of those places to hide, perhaps the best place, is Bitcoin.

In the short term, Bitcoin’s price is uncertain. In a year I wouldn’t be surprised if Bitcoin’s price is much much higher.

#bitcoin #halving #defaultsnowball