Proof Bitcoin is going to $100,000 in 2024

Bitcoin price in up only mode.
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00:00 Intro
00:30 The Nerdy Math
05:15 The Catalysts
08:50 Number Go Up Tech

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Bitcoin is going to $100,000 in 2024 possibly $150,000 maybe even higher in 2025 listen I have proof for what I’m saying not just silly Pie in the Sky pulled out of my butt price predictions okay but cold hard numbers that show exactly where we are going with this

Market where we’re going with this asset class as well as the really very real and hard to ignore catalysts that are going to push Bitcoin to the freaking Moon so strap in and let’s get it let’s begin the conversation with Bitcoin having two months away now on that day

The total amount of Bitcoin produced by miners is going to drop from 900 Bitcoin a day to 450 Bitcoin a day or from $45 million a day to $22.5 million a day worth of bitcoin being produced by minor inflows of fresh cash into Bitcoin ETF products though have actually been

Surging recently in fact hitting $500 million a day over the past few days days at least now the bleeding from grayscale selling has slowed down inflows been going crazy what’s that mean let me decode that for you that means the Bitcoin ETFs are now taking in 10x more Bitcoin off the open market

Than the Bitcoin miners are producing 10 freaking times more every day recently Monday to Friday excluding public holidays because stock markets are done Boomer markets that are closed a lot but still what the actual duck man there are like 220 more trading days in 2024 by the way you know excluding weekends

Public holidays all that stuff so if we keep seeing $2.5 billion a week come in and we may not okay obviously there’s no guarantee of that to happen we can see inflows drop off dramatically at any time but so far this is what we’re seeing we’re seeing this big tick up in

Interest a month after approv approval they’re strong and Rising half a billion a day is nuts by the way these numbers were just as insane in the first couple of weeks after the Bitcoin ETF was approved but the cash inflows were met by very strong outflows from grayscale

Which sort of canceled each other out and muted any sort of price action to the upside and to be clear grayscale still has massive sums of Bitcoin that can exit from its fund from regular investors including of course 1.5 billion at least from the parent company digital currency group that they’ve

Already stated they want to sell and they’re applying to the courts to be allowed to sell so let’s run the math here let’s do the numbers 220 trading days 500 million a day $ 1110 billion dollar of inflows in year one of trading this would blow everyone’s predictions

Out of the freaking water man remember Galaxy digital was saying maybe 17 billion in the first year of new cash inflows if we keep the current Pace then the numbers will be much much higher of course demand may fall demand is not a constant we can’t account for it as a

Constant so let’s say demand drops by 50% that’s still 55 billion in cash and flows into Bitcoin if demand Falls by 75% that’s 27.5 billion dollars these numbers are still mind-blowing and send us to $100,000 Bitcoin even just a 100 million a day in bu pressure from

Inflows from ETFs would be crazy because that is still twice as much as miners are producing right now and it’ll be four times what miners will be producing post Bitcoin having look let’s let’s let’s let’s consider even the most bearish scenario here for these ETF products which thus

Far does not appear to be even close to the base case but we should consider it for the sake of argument only $22.5 million a day of inflows happen that would match at $50,000 how much miners are producing post Bitcoin having that’ be a full 95% or more decline in inflows

Based on where we are right now which feels relatively unlikely but still let’s consider it even with this happening us Bitcoin ETFs would absorb all all newly created Supply by Bitcoin miners One Source gone that’s shocking because the US Bitcoin ETFs they’re only a little piece of the demand pie for

Bitcoin remember micro strategy still buying Bitcoin tether still buying Bitcoin other companies announcing they’re buying Bitcoin there are 12.5 million addresses over $500 wor worth of bitcoin or 0.01 BTC indicating that retail buyers have been very active since this metric has increased by an insane 1.5 million addresses in just a year’s

Time so this is all proof that the demand is 100% there for bitcoin price to go higher supply is getting tighter new cash inflows are soaring thanks to the etf’s major liquidity event and even if ETF inflows drop dramatically 95% drop in inflows we will still outstrip

The supply being created and of course Supply on exchanges falling all the time which is actually at its lowest level in seven years right now with all this demand going up up up up up now let’s look at some charts here that support the 100K in 2024 thesis in previous

Cycles it’s taken six months posst having for the Bitcoin price to move back into price Discovery and take out the previous highs using 2020 as an example it took 31 weeks for Bitcoin to cross back over $20,000 post Bitcoin having it then took four weeks for Bitcoin to hit over 40K

That’s a wild 100% pump for Bitcoin in just four weeks four weeks those numbers largely line up with the cycle before that when the price hit a new high 32 weeks post Bitcoin having with a 12 we period over after which we saw Bitcoin rally 150% which is mind-blowing now before we

Look at the numbers from this cycle let me just give you a quick shout out for the wealth Mastery newsletter best damn newsletter in the crypto industry every single issue packed full of money making Alpha altcoin deep Dives airdrops altcoin charts nfts and much much more join our 100,000 plus weekly readers and

Sign up for free using the link Down Below in the description thank you very much so back into it assuming the Bitcoin having is in early April which is what it’s currently scheduled for then we need to wait the traditional 301 weeks then we would see the old high at

$70,000 being taken out in this scenario mid November 2024 approximately then from there it’s only 45% ahead 100% it’s not even crazy man in fact that would historically speaking be a relatively weak post High break rally maybe diminishing returns so maybe it makes sense to get 100K 100K could in

Theory happen by December of this year according to this analysis and maybe at the latest by February 2025 now there is a chance of course there is a chance and this is really needs to be talked about that due to the Bitcoin ETF inflows we could see this

Happen even sooner the earlier Cycle Theory could be at play I remain open to this possibility Bitcoin ETF inflows are dramatic right now but our base case assuming rhyming of previous Cycles is Discovery for price in late 2024 but us Bitcoin ETFs are insanely bullish for the price of Bitcoin they’re not also

The only ETFs in town let’s talk about those other catalysts we have Hong Kong coming we have South Korea coming both are likely to getting into ETF games sooner than later Hong Kong is for sure happening with already a quar trillion dollar asset manager in Hong Kong filing

An application the SEC in Hong Kong basically said please someone come and apply they did South Korea meeting with the SEC from the USA about how to roll out a Bitcoin ETF product in South Korea and sure there will be sell side events there’s GNA be Mount gox Bitcoin coming

Out there be Silk Road Bitcoin grayscale Bitcoin being sold miners are going to sell their Bitcoin none of it matters it’s all basically irrelevant besides some kind of short-term dip this is like thinking that spilling a glass of water in your kitchen is a big deal when a

Mile high tsunami is about to take out your city now it’s not that the glass of water didn’t matter at all it just feels really really insignificant as a a crisis level event in the face of something much much bigger and more impressive and terrifying which brings me to perhaps

The key point of this video the number one Tech feature of Bitcoin right now whether you like it or not bitcoiners is getting turned on that Tech is called numberg go up yes numberg go up technology has been activated and it’s the best D advertisement for Bitcoin in

The entire crypto space people love backing winners and right now Bitcoin is winning which will bring more money to back it which means it keeps winning more until one day it doesn’t but that’s for later us to worry about well all this is incredibly exciting for Bitcoin

What about our altcoin bags man our big fat altcoin portfolios of stinking crap coins man what’s going to go on with these well let me say this the current market of crypto is the same as it was total market cap of all crypto coins the

Same as it was in April of 2021 which is insane to think about because that was Peak Market Euphoria right now there’s no peak Market Euphoria it’s just another day in crypto man WR two trillion bucks almost or maybe over by the time you watch this video the total

Market cap for crypto is going to go so much higher this cycle six seven eight nine maybe even 10 trillion would not surprise me at all Bitcoin at 150k by the way it’s A3 trillion do market cap 200% gains not bad but if altcoins go2 trillion doll more market cap then

Basically every top coin outside the top 10 is going to send 10x or more 20 30 40 50x the Bitcoin ETF is a once- in A- Market liquidity event it’s the spark for this cycle the money enters the top at Bitcoin and then people start looking for the next Bitcoin they look for

Bigger gains some people are going to be happy that two three 400% gain from Bitcoin other people are going to 00x rich people start selling their Bitcoin for altcoins money starts flowing around they took loans versus Bitcoin to buy Alt coins it’s going to get messy it’s going to get froy it’s

Going to be a wild ride man remember to take profits or the Market’s going to take them for you Peace