NUGGETS OF ALPHA
After 21 days, 210,000 Bitcoins were absorbed into nine new ETFs—over 100% of the 2024 production
The GLD Gold ETF went up for eight straight years even amid the Global Financial Crisis
Much of the BTC Halving action happens inside a six-month window, with the halving taking place in the middle
ETFs need 4.3 million Bitcoin over the next two years at current accumulation rate
If BTC reaches $130,000, MSTR’s price will be $1,386 (floor) and $1,894 (roof)
MicroStrategy is highly volatile, which is the beauty of this beast
We are 165 days away from either an $80,000 or $130,000 Bitcoin by July 16, 2024
This is a story of 90 days and how some things happen in cycles combined with an analysis of the Bitcoin history of supply and demand. We will look at timeframes before and after the Bitcoin halving, and I have calculated when things will go bonkers alongside price targets.
The MilkRoad two trends served as inspiration for this study.
The big rally usually comes after the Halving. We know that, but how soon is the key question everyone is asking?
The rally before the Halving has gotten smaller and smaller over the years. However, remember what happened in March 2020 with the pandemic that caused an anomaly in the last cycle.
In response, I have developed my own logic, which has led me to some interesting conclusions that I want to share with you.
After 18 days, 180,000 Bitcoins were absorbed into nine new ETFs, and 140K flew out of GBTC and into the new funds. So, the question is, what is next?
This chart outlines the protocol's exact schedule for Bitcoin production throughout 2024. Remember,
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