When BULL Run đ ?
The miners have stockpiled $BTC for this event. They are now making half of what they did before, but they have their stockpiles to rely on.
The only way they make money is by selling. The majority of selling pressure is from the miners.
We have seen the price rise because the new ETF's were approved and we now have institutional buying, which will continue. More will get approved and more buying will happen and the miners will have less to sell.
It would be basic economics, when the supply gets cut in half and the demand stays the same the price will increase, only this time the demand is going up exponentially due to the institutional buying and holding.
This will be a bull run đ like never before as more ETF's are approved and the miners run out of bitcoin to sell. With demand rocketing up and supply getting cut in half.
Just hold on for a wild rollercoaster ride. Iâve been holding my bitcoin since 2020 and Iâm not selling anytime soon.
#bullruns #bitcoin #CryptocurrencyInvesting
