Total Quality
Score
106115
101420.0000000000
110000
BTCUSDT
1H
The analysis suggests that money is finding a home in Bitcoin, attributing this to its scarce nature. Political activist Charlie Kirk acknowledges wealthy families investing serious money in Bitcoin. The analysis references Michael Saylor and mass adoption theory, comparing Bitcoin's adoption to that of the English language and the US dollar. The price is ranging around $100,000 per coin and a quantum computing risk is mentioned. Investing Legend Hugh Hendry is projecting that Bitcoin is going to trade closer to one million dollars. The presenter questions why, with all the institutional buying, the price of Bitcoin is not moving up beyond $100,000, speculating this situation as a 'ticking timebomb'. An in-kind exchange is happening between some ETF's, therefore it is not pushing up the price of Bitcoin and also the ones who are not involved in ETF's are not interested if Bitcoin goes to a million dollars. Long-term buyers are waiting, creating base churning.The analysis is predicting a possible bull run in the years 2025 and 2026.
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