BlackRock getting options trading approved is massive because the derivatives market is often 10x-20x larger than the spot markets.
🌊THIS UNLOCKS QUADRILLIONS OF DOLLARS FROM THE DERIVATIVES MARKETS TO FLOW INTO BITCOIN🌊
🚨Every time Bitcoin has had a green monthly performance in September, it followed through with positive returns in October, November, and December...
Probably nothing.🥱
🚨There are a number of crazy statistics about Michael Saylor's most recent $1.1B Bitcoin buy:
1) He purchased 18,300 Bitcoin in one day, which is over 40x the amount of coins that are mined in a single day.
2) It was his largest single buy in the past 3 years.
3) MSTR is now squatting on over $15B of Bitcoin, after their company was worth a little over $1B only 4 years ago in 2020.
🇯🇵Metaplanets' stock price is up by 443% since adopting a Bitcoin Standard only a few months ago.
This tiny Japanese has increased their market cap from under $20M, to over $133M, all by simply adopting better money. 🚀
Imagine being bearish on Bitcoin after everything that has happened in the past week:
1⃣Fed cuts interest rates by 0.50%
2⃣Microstrategy buys $2B more Bitcoin
3⃣400k Bitcoin taken off exchanges since Feb
4⃣Russia begins Bitcoin mining from the 1st of Nov
5⃣Kingdom of Bhutan exposed for holding 13k coins
6⃣BlackRock releases their 3rd bullish Bitcoin report
BlackRock highlights that in the 60 days following every crisis over the past 4 years, Bitcoin has been the best performing asset!
🇺🇸Jan 2020: US & Iran conflict🇮🇷
🦠March 2020: Covid outbreak🦠
🇺🇸Nov 2020: Election challenges🇺🇸
🇷🇺Feb 2022: Russian invasion of Ukraine🇺🇦
🇺🇸Mar 2023: Regional US Banking failures🏦
🇯🇵Aug 2024: Japanese Yen carry trade unwind🉐
The world's largest asset manager is literally bringing the receipts to prove that Bitcoin is the ultimate risk off asset!
The 2025 Bitcoin bull run hasn't priced this in:
We have the world's largest asset manager making 9 page research reports highlighting Bitcoin's 807,000% returns!🚀
Larry Fink has sure changed his tun on Bitcoin quickly.
2017:
''Bitcoin is only used by criminals for money laundering, and we see 0 demand for it from our clients.''
2024:
''Bitcoin is a unique diversifier, and a 30% allocation to Bitcoin is acceptable.''
For those who enjoy reading, I released a deep dive on a couple of the bullish catalysts making 2024different yesterday.
💌You can find all of my writings by following the steps below:👇
linktr.ee/lukemikic
🚨400,000 Bitcoin have been taken off exchanges since March this year, as the ETFs have been buying over 1000 Bitcoin per day!
Don't forget: Only 450 new Bitcoin are mined every day
🇩🇪If it wasn't for Germany dumping 50,000 Bitcoin, and Mt Gox distributing their +100,000 Bitcoin stack, where would Bitcoin be trading?
🚨400,000 Bitcoin have been taken off exchanges since March this year, as the ETFs have been buying over 1000 Bitcoin per day!
Don't forget: Only 450 new Bitcoin are mined every day
🇩🇪If it wasn't for Germany dumping 50,000 Bitcoin, and Mt Gox distributing their +100,000 Bitcoin stack, where would Bitcoin be trading?