2024-2025 bull market, make sure you are in the car!
The grayscale impact will last up to 2 months, and will eventually return to: Bitcoin halving, the Federal Reserve cutting interest rates, and the continued fund buying of ETFs. In particular, do you know the scale of assets managed by the ETF parent company?
Blackrock $8.59 trillion
Fidelity ($4.5 trillion)
Invesco $1.6 trillion
Several combined forces currently affecting the market
1. Grayscale is facing ETF redemption pressure. From the engine of the last bull market to the current bull market smasher, it has a suppressive effect on prices.
2. The inflows of Bitcoin ETFs including BlackRock, Invesco and Bitcoin were almost offset by Grayscale outflows.
3. In order to prepare for the bull market, miners disposed of assets and purchased new mining machines.
4. The cost of mining machines after the Bitcoin halving is around 40,000, which still supports the market.
5. The Bitcoin halving is coming on April 22. Long-term large currency holders will only accumulate coins at this stage and will not sell them, especially because the certainty of the Bitcoin cycle is particularly strong.
6. The start of the bull market in 2024 is built around brc20. The inscription is the beginning. Ordi. rata has been missed. I will look at Bitcoins and Aisi later. This is the performance of new forces. By its recent aisi. Ranked among the top six in the inscription fragment industry.
