When 💰 Bitcoin crashed to below 16K, the sceptics came out of the woodwork to gloat.  We held strong.

Bitcoin  is now at $51K & valued at more than $1 Trillion dollars.

Look at this chart.
This is not a bubble.
It is an adoption curve.

Bitcoin goes higher...🚀

According to Glassnode’s Bitcoin risk assessment:

⚫️Over 90% of BTC holders are profitable, signaling potential market demand exhaustion and increased rollback risk
⚫️Demand for BTC block space is growing
⚫️Over 90% of new investors are profitable, indicating high risk, with a recent downward trend
⚫️Transition from speculative ETF peaks to cautious trading suggests weakening profit-taking
⚫️Long-term holders face high risk with substantial unrealized profits, despite a steady trend over the last 7 days, signaling an early bull market stage

📈Yesterday, Blackrock's BTC ETF traded at $1.3 billion.

The trading volume ranked 11th among all ETFs and among the top 25 for equity trading on the American market.

A total of 9 ETF funds ended the day with a volume of $2.4 billion, breaking the record for the first day of trading set in mid-January.

The outflow from Grayscale also reached a minimum, with only $22 million on February 27, while the rest of the funds saw a combined inflow into BTC ETF of $540.3 million.

🥇 BTC is about to close monthly candle. Possible volatility until the close of the weekly candle.

BTC is up +313% since its low at $15k.🚀

 

The 9 New 💰Bitcoin  ETFs have $21.17 BILLION in total assets under management.

💬ALL of them are viable!

1. Blackrock: $10b
2. Fidelity: $6.47b
3. Bitwise: $1.52b
4. Ark: $2.1b
5. Invesco: $386m
6. VanEck: $270m
7. Valkyrie: $192m
8. Franklin: $154m
9. Wisdometree: $50m

💡💡💡 Michael Saylor's MicroStratgey to raise $600 million to purchase more  🥇 Bitcoin.

Accordring to CoinMarketCap, 🥇 Bitcoin has risen to become the 9th largest asset by market cap, signaling its growing prominence in the global market.

🥇 Bitcoin has already reached the value of the world's 9th largest asset by capitalization, while others include:

🥇 Gold: $14.32tn
🇺🇸 Microsoft: $3.09tn
🇺🇸 Apple: $2.77tn
🇺🇸 NVIDIA: $2.13tn
🇸🇦 Saudi Aramco: $2.04tn
🇺🇸 Amazon: $1.84tn
🇺🇸 Alphabet (Google): $1.71tn
🥈 Silver: $1.36tn
🪙 Bitcoin: $1.31tn
🇺🇸 Meta Platforms (Facebook): $1.28tn

🔵 The Coinbase App's ranking on the US Apple Store is rising quickly, currently sitting at #46 in the Free Apps category.

Just about a month ago, it was ranked at #479.

🤯 BlackRock's Bitcoin ETF recently pulled in a MASSIVE $788m❗️

Smashed the previous record of $612m.

They will be taking in +$1 Billion a day soon 🔥

💸Crypto Mining

Crypto speak: Bags

“Bags” are your crypto assets; the term usually implies a fairly large amount of crypto.

For example, “My Bored Ape bags keep growing,” or “I have a fat bag of DOGE.”

If you start saying “I have a big bag of Bitcoin” instead of “I have a lot of Bitcoin,” people will believe you know what you’re doing😅

💸Crypto Mining

💡💡💡 🥇 Bloomberg analysts predict spot Bitcoin ETFs could pass gold ETFs in assets under management in less than 2 years. 🐂

💸Crypto Mining