It's fun to see all of the speculation here on leofinance and over on crypto twitter about Bitcoin and the speculation of the coming rally.
I am a very big believer that we're on the cusp of a major rally. There is a lot of attention on Bitcoin right now that simply wasn't there in 2017.
Now that we've gone through the halving, it was obvious that the rally would take several months to hit its stride.
The halving caused speculation about the impending rally.
Post-halving (now) is when the supply shock actually slowly takes effect.
Over time, BTC is becoming more scarce while other currencies and assets are inflating to the moon.
Smart money - institutions - are realizing this at an increasing pace. It's just a matter of time until the big funds start jumping in. Bitcoin's market cap is currently ~$200 Billion USD.
2,000,000,000 = $2B USD. This is 1% of BTC's market cap.
1 Large institution could buy this much BTC in one fell swoop.
OR
5 companies like Micro Strategies (who bought ~400 million USD in BTC recently) could buy this much BTC. MSTR is a pretty tiny company out there. Just imagine when companies like AAPL consider putting even 1-5% of their balance sheet into BTC.
Moon is coming. Sit tight and enjoy the show.
Posted Using LeoFinance Beta
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