Bitcoin: The Wall of Money Is Coming

In this video, I discuss the wall of institutional money and retail money that will be headed into Bitcoin (BTC) in 2021.

Institutional investors are slow-moving money. They need internal approval and regulatory approval to move forward, but when they do, they come with large amounts of sticky money. Once they buy Bitcoin, they will hold it for years.

There is a fundamental supply/demand mismatch in Bitcoin that can only be resolved by much higher prices.

When the Bitcoin ETF is finally approved, it will usher in another giant wave of retail investor/RIA money into Bitcoin, similar to what GLD (the gold ETF) did for gold.

The development of crypto indices will facilitate the introduction of many more crypto ETFs and mutual funds.

We are still so early in this adoption curve.

Not investment advice! Consult a financial advisor.

Raoul Pal on the wall of money:
https://twitter.com/RaoulGMI/status/1317836147398201346

Private German bank to launch crypto fund:
https://www.coindesk.com/private-german-bank-hauck-aufhauser-cryptocurrency-fund

AllianceBernstein recommends Bitcoin:
https://www.coindesk.com/investment-giant-alliancebernstein-now-says-bitcoin-has-role-in-investors-portfolios

BTIG puts price target of $50,000 on Bitcoin:
https://www.cnbc.com/2020/11/30/btig-says-cryptocurrency-comes-of-age-puts-50000-target-on-bitcoin-for-2021.html

The wall of money coming:
https://twitter.com/Travis_Kling/status/1333540445213716480

Bitcoin and logarithmic charts:
https://twitter.com/cz_binance/status/1333615388915994625

Bitcoin balance on exchanges continues to fall:
https://studio.glassnode.com/metrics?a=BTC&m=distribution.BalanceExchanges&zoom=all

MicroStrategy buys $50 million more Bitcoin at $19,427:
https://twitter.com/michael_saylor/status/1334990791496884224

Bitcoin adoption curve is fastest ever:
https://twitter.com/woonomic/status/1334809917211873285

"Nobody is going to ban Bitcoin":
https://twitter.com/APompliano/status/1334852129807343617?s=20

S&P Dow Jones to launch crypto indices in 2021:
https://www.coindesk.com/sp-dow-jones-indices-to-launch-crypto-indexes-in-2021

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#Bitcoin
#BitcoinNews


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