I don’t remember a previous cycle where 30+ states were lined up to purchase bitcoin. I’m not even mentioning the regulatory changes, nation-states, etc. This is unlike anything we’ve seen before. We’re going much higher!
Discussion
I agree the pump is primed. Just don’t see 1 million within 10 months.
That’s indeed bullish. But since Bitcoin is meanwhile a 2T asset it takes a lot more than in previous cycles to pump it higher. And those states will not go all in at once. They will start small. Like the sovereign wealth fund of UAE these days. 430 M USD sounds big but it is less 0.1% of their AUM.
Very exciting time ❤️ I wish to have more fiat to invest and I get upset with my rich friends they still don’t believe in bitcoin. 🤬
