If they start moving into bitcoin, it's going much higher

Here is a list of the countries holding gold and bitcoin:

(Source: https://x.com/BitcoinNewsCom/status/1878109618062172663/photo/1)

If these countries just moved some of their gold holdings into bitcoin it represent a huge inflow into bitcoin.

We are talking hundreds of billions flowing into bitcoin with no new allocations.

It's just moving from gold to bitcoin.