Confirmed: Bitcoin Grows Every Four Years
Bitcoin took 846 days to update its record and confirm the key investment thesis: the cryptocurrency grows every four years. In other words, no matter when an investor buys Bitcoin, the longest waiting time for profit will not exceed this period.
It has only been 2.5 years since the previous peak, and the price has already hit a new high, surpassing $69,000. The rule was confirmed ahead of schedule, leaving skeptics in the dust.
The rapid growth was facilitated by the launch of spot ETFs in the US, providing investors with easier access to the cryptocurrency. Investment companies are now actively integrating the new instrument into trading platforms, which is reflected in the growth of aggregate portfolios and the turnover of crypto funds. For example, among banks, Wells Fargo, Bank of America, and Merrill Lynch are already offering clients access to ETFs, while Morgan Stanley is still considering this possibility.
On March 5th, spot ETFs set a record for total turnover, reaching $10 billion. Among them, new peaks were reached by IBIT from BlackRock, FBTC from Fidelity, BITB from Bitwise, and ARKB from Ark Invest.
Immediately after updating the price record, Bitcoin plummeted, and forced liquidation of positions in the futures market reached $1 billion. Excluding short-term holders and speculators, miners remain the main group of sellers. This year, their supplies decreased by 15,000 BTC to 1.82 million BTC.
As for news of the activation of whales, there is still no confirmation. On the contrary, the number of addresses containing more than 1,000 BTC increased by 3.4% this year to 2,094.
Most market participants expect the growth to continue, with at least surpassing the $100,000 mark in the current 4-year cycle.
However, the local maximum, limited by the $1 million model, is expected in the second half of 2025.
Website : https://gold.storage/
Whitepaper: https://gold.storage/wp.pdf
Follow us on social media:
Telegram: https://t.me/digitalgoldcoin
Steemit: https://steemit.com/@digitalgoldcoin