Bitcoin WON'T Reach $500,000 This Cycle
Will Bitcoin hit $500,000? My answer is: the probability is extremely low.
Chapters:
00:00 - Why the $500k Prediction is Unrealistic
01:05 - Constraint 1: The Macro Is Not Macro-ing
02:15 - Constraint 2: The Reality of ETF Flows
04:06 - Constraint 3: Market Structural Weaknesses
05:38 - Conclusion: Respect The Data, Don’t Bet on Euphoria !
Data Sources:
Federal Reserve - Fed Funds Rate: https://fred.stlouisfed.org/series/FE...
The Block - Bitcoin ETF Data: https://www.theblock.co/data/crypto-m...
Farside Investors - ETF Flow Data: https://farside.co.uk/btc/
Bitcoin Magazine Pro - NUPL Chart: https://www.bitcoinmagazinepro.com/ch...
Coinglass - Bitcoin Open Interest Data: https://www.coinglass.com/BitcoinOpen...
#Bitcoin #BTC #PricePrediction #Crypto #Investing #Macroeconomics #ETF #OnChainAnalysis #Cryptocurrency
Hi there! I’m Cédric. I’ve been in the crypto world for 8 years, and thanks to that, I managed to move to a farm in New Zealand and retire early...
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