Have you seen these numbers yourself recently? Anthony Pompliano is one of the entrepeneurs and Twitter influencers that have shown photos of the information in the title. What is it about?
Due to the Bitcoin Spot ETFs, there is a daily demand for approximately 10,000 BTC per day. While this is the number of BTC bought by those ETFs, there is only created 900 new BTC per day, which is about to become 450 per day in April,
What do you make of such numbers? That tweet is from February 29, but the interest isn't decreasing, it is growing. People expect the halving to have a positive price effect as well, and the newspapers are already writing about it. There are so many bullish things that I could include here as to why I believe the Bitcoin price will keep on rallying. Of course, there are days in which it might stagnate, and possibly even go a little bit downwards... but it is important to look at the big picture.
If you look at the chart above, you can see that since February 4th, there have been 11 days that ended with decline in price, and 27 that ended with a positive result. And the price has gone from $42,000 to $72,000 in the same period.
The positive sentiment is here... I am bullish. What about you?
Yes… I am very bullish on Bitcoin . I am collecting as many Satoshi as possible.
Every day, every hour, every minute.