BTC ETF inflows hit $1B yesterday.
With this level of inflows and the amount of BTC being hoovered into the ETF's, simple arithmatics would suggest that price will continue to pump.
The supply simply can't keep up for long.
My base case is $237k. It could pump to twice that at the pak in Nov 25.
That's a conservative number but realistic. Anyone trading BTC, incurring fees and risk due to temporary down turns is an idiot.
Hold and profit. No risk, no fees. No counterparty risk.
Enjoy the Bull folks! You've earned it.
SatoshiSamurai
npub14t…5d5f6
2024-03-13 09:33:34
Author Public Key
npub14tgre8e992pq2njqankr3m620j7efykf3xer4mfcv5p6drs6u24qw5d5f6Published at
2024-03-13 09:33:34Event JSON
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"pubkey": "aad03c9f252a82054e40ecec38ef4a7cbd9492c989b23aed386503a68e1ae2aa",
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"kind": 1,
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"content": "BTC ETF inflows hit $1B yesterday.\n\nWith this level of inflows and the amount of BTC being hoovered into the ETF's, simple arithmatics would suggest that price will continue to pump.\n\nThe supply simply can't keep up for long.\n\n\n My base case is $237k. It could pump to twice that at the pak in Nov 25.\n\nThat's a conservative number but realistic. Anyone trading BTC, incurring fees and risk due to temporary down turns is an idiot. \n\nHold and profit. No risk, no fees. No counterparty risk.\n\nEnjoy the Bull folks! You've earned it.",
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}