✋ STOP EVERYTHING AND HOLD ON : We may truly be on the brink of an unprecedented #Bitcoin supercycle : 𝗧𝗛𝗘 𝗠𝗢𝗧𝗛𝗘𝗥 𝗢𝗙 𝗔𝗟𝗟 𝗕𝗨𝗟𝗟𝗥𝗨𝗡𝗦 🐂📈 Here are 8 reasons why this time, it's set to go full banana 🧵👇 -- 1️⃣ The Bitcoin ETF arc As you already know, BlackRock, Valkyrie, and other Wall Street giants await approval for their Bitcoin spot ETF applications These entities can only start to accumulate once they have SEC clearance High demand coming : potential 𝘀𝘂𝗽𝗽𝗹𝘆 𝘀𝗵𝗼𝗰𝗸? -- 2️⃣ The halving The halving of mining subsidies will take place this year, estimated to be on April 17 This will reinforce scarcity, impacting supply dynamics, thus amplifying the perception of Bitcoin as a desirable, scarce asset : 𝗛𝗮𝗿𝗱𝗲𝗿, 𝗹𝗼𝗻𝗴𝗲𝗿 𝗯𝘂𝗹𝗹𝗿𝘂𝗻 🦾 -- 3️⃣ US Elections & QE Economic & employment indicators need to look great before the elections. That could lead the FED to pivot & engage in Quantitative Easing to sustain the metrics Plus, some candidates have a pro-bitcoin slant Printer ON + public awareness = 𝗕𝗨𝗟𝗟𝗜𝗦𝗛🚀 -- 4️⃣ Gold new ATH Arguably the current safe-haven leader, sat a new all-time high at the end of 2023 Past data tends to show that when there's a bullish move in gold, it could lead a surge in Bitcoin 6 to 12 months later If history rhymes, Bitcoin 𝗽𝗿𝗶𝗰𝗲 𝘄𝗶𝗹𝗹 𝘀𝗶𝗻𝗴 👨‍🎤 -- 5️⃣ Matching cycles Every 4 years, punctuated by halvings and macro events, Bitcoin graces us with a season of euphoria followed by a bear market, to the point of becoming boring We're at the end of one cycle and the dawn of a new one : 𝘄𝗲'𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗼 𝘁𝗮𝗸𝗲 𝗼𝗳𝗳! -- 6️⃣ They will die on this hill 70% of hodling wallets have not moved their funds for >12 month, not selling The public is aggressively accumulating, vying for a slice of the scarcest cake, reducing the available supply Enough for everyone, 𝗯𝘂𝘁 𝗮𝘁 𝘄𝗵𝗮𝘁 𝗽𝗿𝗶𝗰𝗲? 💸 -- 7️⃣ The mastodons keep on buying MicroStrategy, Tether, and several other prominent billionaires are making substantial purchases of Bitcoin, indicating a notable increase in their commitment : At this point, it's a Bitcoin rush 𝗧𝗵𝗲𝗿𝗲 𝗶𝘀 𝗻𝗼 𝘀𝗲𝗰𝗼𝗻𝗱 𝗯𝗲𝘀𝘁 -- 8️⃣ The hashrate race Bitcoin's hashrate increased by 102% during 2023 Companies are actively engaged in a fight with mining arsenals, competing for the jackpot in the upcoming cycle, undeterred by the looming subsidy halving How could it be any more bullish than this? 🔥🔥🔥 -- What do YOU think about Bitcoin's 2024 season? 🫵 #Bitcoin #Nostr #Plebchain