Profiting from crypto is just beginning
The crypto market is now blooming again due to the effect of Bitcoin ETF which also has an effect on the prices of Altcoins and if we can look at the charts, the prices are in a cadence on how BTC is moving. Bitcoin's price small move to the upside or downside has a very strong force for Altcoin prices which is enough to seemingly crash or pump the the values of these other coins because most of them are just a few cents or sub-dollar in value but regardless, they are all just riding the Bitcoin move. Many crypto-hodling people like I am is feeling bullish more than ever because of this "catalyst" where the supply and demand for Bitcoin in particular is already in play and what it means for me is that the bull market will be sustained for a longer time period and thus changing the stock to flow chart where it says that a predictable price will come at a certain date or period of time like what the past history of Bitcoin had done. But the stock to flow model is not factoring this heavy demand for Bitcoin which gave me some clue on how this bull market will play out from a few weeks ago and even beyond the "supposed" months where it should "top".
In my own opinion, the price will never top-out but will continue to go on and on and on because this is just a supply and demand issue where again, the proportion of the demand for BTC is about more than ten time more than the mined BTC per day and will also get more intense once the BTC halving event happens this April of 2024. For now it seems that google searches for BTC is not yet that high and I am guessing two causes like the supposed unaffordability of Bitcoin although you can buy Satoshis of it from the market, i.e. exchanges in your country, and two, there is no FOMO factor yet to move ordinary people in buying Bitcoin which most will just go to a "more affordable" Meme or other coins after watching it from the news and many social media sites that is talking about it already during the "height" of the Bull market.
The heightened demand for BTC will even get better as it traverses the "unbelievable" prices like 120 to 200K mark because it already proven itself as a store of value through that action. Bitcoin being an asset that doesn't lose value in long-term is a perfect way to protect the value of your ever depreciating value of your FIAT as you can already feel that you cannot purchase the same amount of things that you were buying before the CoViD had begun for an example alone because of the unceasing printing of the dollar to artificially "save" the people from hardships which only lasted for long until the after effects had hit the economy causing inflation with just helicopter money alone. I am guessing that solving inflation will not happen because it is too much of a problem to solve already. US politicians will either be murdered as they tackle this Mafia-lead Ponzi scheme by the FED, big banks, and the treasury department of the US because for one thing, if the money printing will stop, the US power will cease because it will not have the means to borrow money to use it for power among other nations plus being in debt too much will unmask its true power which is no more than a helpless newly born puppy without a mother.
We do have a lot of reasons to celebrate now because of the power of the "digital gold" where Bitcoin itself is not even comparable to gold because of the finite supply of Bitcoin which is better than gold for the reason that gold has a seemingly infinite value. The demand for this digital asset is ramping-up and also making the Altcoins hodlers win at the same time because of many the ways on how to profit from it now that we are under the strongest Bull market ever even before the BTC halving begins.
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