#BTCbelow100k BlackRock acquired 11,638 BTC, outpacing the 3,150 newly mined BTC. This week, BlackRock's Spot Bitcoin ETF accumulated 11,638 BTC, exceeding the 3,150 new BTC mined. Demand surpasses supply by nearly four times. What are the implications? - The BTC supply is fixed. - Institutional buying, such as BlackRock's, creates supply pressure. - This supports strong upward price action. Why is this bullish? - BlackRock is accumulating BTC for long-term exposure. - This demonstrates institutional confidence in Bitcoin. - Increased ETFs lead to more passive accumulation, reducing available BTC. Predictions: - Liquidity will tighten. - Small retail demand could trigger significant price moves. - The BTC price could surpass $100K. - Altcoins may start running too. Takeaway: You're competing with Wall Street, which is buying more BTC than is available.