What is keeping Bitcoin from breaking out this year the way it had last year? One of the big things with Bitcoin is that the supply and demand mechanisms can be very well understood. Anyone can check on the on-chain metrics where the supply is and how liquid it is. What we are watching in Bitcoin is similar to what we saw in 2020 and again in the summer of 2021, right before the big run-up, is that more and more long-term holders are acquiring Bitcoin and taking it off the exchanges. Miners are mining Bitcoin and not selling the mined Bitcoin, because of which we are getting a highly illiquid supply of Bitcoin. And once the groundwork for Bitcoin Skyrocket is complete. Whether it comes from a macro-environment, whether it comes from a big buyer of Bitcoin out of many other things, and when Bitcoin skyrockets, it will ignite the illiquid supply of Bitcoin, and we can expect to see a big move in the Bitcoin price. The main question is, When will that happen? Nobody knows when the groundwork for Bitcoin Skyrocketing will finish, it can take weeks, months, or even more. But, we can soon expect Bitcoin Skyrocketing. And the reason why we should expect a sudden rise in Bitcoin price, is that we can see supply for Bitcoin being reduced at an increasing rate. And it is basic demand and supply sense -Supply decreases, Demand Increases along with prices- People don't understand that world's wealthiest people, not the future wealthiest people, but the current wealthy people are crypto investors, and over time the Force 400 is going to be dominated by Bitcoin and the crypto industry. And right now is the best time to get into the crypto industry and should become a part of it. Bitcoin is up 25% since Russia invaded Ukraine, and since it's so volatile that it's hard to lose track of what's happened in just a matter of weeks. But, Bitcoin is up 25% and has outperformed every other asset that people would look to purchase at this time of war. Ukraine has raised over a hundred Million Dollars from Bitcoin and crypto investors, which is more than what the other countries gave to Ukraine. And all the Ukraine Govt did was post a wallet address to receive Bitcoin. And they received donations from all over the world. This shows that people consider cryptocurrencies and Bitcoin as a superior way of doing business. What can we expect in 5 years from now? Whenever there is a new technology available in the market, due to people's curious nature, they experiment with it, and that's what has happened, There are so many cryptocurrencies available that many of them will not survive. As for Bitcoin, it has gained a lot of people's support, and it is in the minds of people that it will become the superior cryptocurrency -not that it isn't right now- and last forever.
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