SARGE on Nostr: So let me get this straight. The ETF’s combined are buying roughly 10K Bitcoin ...
So let me get this straight.
The ETF’s combined are buying roughly 10K Bitcoin daily.
There are roughly 2.2M BTC left on exchanges.
Not accounting for soon to be only 450 Bitcoin mined per day (which may or not be sold) we have roughly 250 days until there are none left to buy😨
Even getting more conservative with the calculations, technicals & what-ifs, the point is supply shock is imminent. Number has to go up. Buckle up.
The ETF’s combined are buying roughly 10K Bitcoin daily.
There are roughly 2.2M BTC left on exchanges.
Not accounting for soon to be only 450 Bitcoin mined per day (which may or not be sold) we have roughly 250 days until there are none left to buy😨
Even getting more conservative with the calculations, technicals & what-ifs, the point is supply shock is imminent. Number has to go up. Buckle up.