Bitcoin All-Time High is COMING! Michael Saylor 'Prepare Yourself for the next Bitcoin Price!'

Bitcoin All-Time High is COMING! Michael Saylor 'Prepare Yourself for the next Bitcoin Price!'

There was some huge news out today regarding Bitcoin and the entire Cryptocurency space and in todays video I am going to lay out why I believe we are going to see new all time highs by either the end of the year or quarter 1 2022.

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Today, Brian Armstrong CEO of Coinbase which is the Largest US cryptocurrency exchange announced that they received approval to buy over $500 Million dollars of Cryptocurrency sheet to add to their balance sheets and additionally, moving forward they will be investing 10% of all profit into cryptocurrency.

This is HUGE - not only the half a billion dollar initial purchase but Coinbase is also a Cash monster so the 10% is going to be massive over time. Additionally he added, I expect this percentage to keep growing over time. So another massive company joining the race of adding Bitcoin to their balance sheet.

Last week, I highlighted this data out from Willy Woo in which he shows the overall institutional adoption of Bitcoin. As you can see, we have really only seen this happen over the last 12 months were it has gone completely parabolic.

This is truly just the tip of the iceberg - imagine what we will be looking at in 12 or 24 months down the line?

An investor who pointed this exact point out before the Coinbase news was announced was Bitcoin King, Michael Saylor. Here he explains that when you have institutional adoption at this scale, all models are invalidated.

Make sure to stick around to the end of the video where we are going to cover some of the most recent on-chain Bitcoin data.

Timestamps:

0:00 'Bitcoin All-Time High is COMING!' (Coinbase news & Data)
2:00 Michael Saylor - All your models are WRONG!
4:10 Closed System vs Open System
6:30 Trading patterns vs Macro analysis
7:58 Currency Collapse (Data can be irrelevant)
8:45 Bitcoin on-chain data (BULLISH!)

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#Bitcoin #MichaelSaylor #Coinbase