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In this video, I provide a retrospective, examining what the landscape looked like the last time Bitcoin was trading at $52,000, compared to today.
Bitcoin's hash rate has been skyrocketing, and Bitcoin has been officially granted institutional access through the launch of major spot BTC ETFs in the US.
Large asset management companies will corral no-coiners into owning some BTC whether they want to or not.
The best is yet to come. This cycle, expect BTC to eat tech stocks and precious metals.
Not investment advice! Consult a financial advisor.
Bitcoin network hash rate chart:
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Corporations that own BTC:
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Fidelity sprinkling some BTC into their official portfolios:
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Google trends shows very little interest in BTC:
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Wall Street ETFs are buying 12.5x more BTC per day than the network can produce:
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Massive pools of capital headed towards BTC:
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US dollar is a melting ice cube:
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Pour one out for the shorts and the Bitcoin bears:
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What will Francis do if Bitcoin goes to zero?
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The Running of the Bull by Bitstein:
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Assets by market cap:
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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
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Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
