Blackrock's #Bitcoin ETF now holds 245,951 BTC, up 2,324 from yesterday. Buying is back up - as price comes up, it will increase. Rich people FOMO will start after $100K IMO. 900 BTC are issued per day. Around April 20, this will drop to 450. Blackrock clients bought ~3x of the amount of BTC that was produced.
Blackrock's #Bitcoin ETF now holds 245,951 BTC, up 2,324 from yesterday. Buying is back up - as price comes up, it will increase. Rich people FOMO will start after $100K IMO. 900 BTC are issued per day. Around April 20, this will drop to 450. Blackrock clients bought ~3x of the amount of BTC that was produced.
@rajatsonifnance I think the FOMO will be relative. Consider TQQQ as a denominator for instance. It's not traditional and people shouldn't trade on it. But when no denominator makes sense you can use anything.
@rajatsonifnance Ok but Blackrock will not buy more than 5-7% of total supply as thats their investment policy.
@rajatsonifnance Which cold storage wallet do you recommend?