฿ Bitcoin BTC/USD Daily Video, January 18, 2024

Sive Morten

Special Consultant to the FPA
Messages
18,794
Good morning,

Now BlackRock is buying BTC 10 times more than it is mined per day (900 BTC). And this is without other guys fro Fidelity etc. Now major question is - how applicable technical analysis will be to forecast BTC prices, if it is totally controlled by ETFs and all available BTC buying out.... Still, we keep our H&S scenario valid. Let's see what will happen.

P.S. In video I've said that 900 BTC are mined per week. This is wrong, per day, of course...

 
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