My Video Today (Patreon)

In today's ETF financial analysis video, we delved into some forward-looking insights that sparked quite the debate among our audience. The focus was on the esteemed Bitcoin pioneer, Adam Back, whose expertise in on-chain analytics far surpasses mine. 

Drawing from his projections, he highlighted the potential for Bitcoin to not only surpass the $69,000 threshold but also to possibly reach $100,000 by the next halving event on April 17, 2024. 

This speculation, based on the current ETF demand outpacing supply by 14 times, is theoretically possible if it continues.  If the ETFs continue at this pace over 1M BTC will be amassed by the helving but not that many are for sale!!!

It's crucial to clarify that my intention was to share market observations rather than assert a definitive climb to $100K. 

I REPEAT however, should the ETF-driven demand continue to significantly exceed supply, reaching such a valuation is within the realm of possibility, according to my analytics