Good show @UKBitcoinMaster. Thanks.

Brazil SBR goal to buy 1million bitcoin in 5 years is more bullish news. 🚀

I did my own calculation a few weeks ago, if strategy continue to buy bitcoin then they will accumulate another 1.5mill bitcoin in 5 years. Thats assuming price stays the same and no one else buys. You can bet there will be more buyers! And you can bet price will be much higher!

So if brazil adds to this thats a total of 2.5mill bitcoin taken off the market. There are only 2.5mill bitcoin available on exchanges. So at this point there are no more bitcoin available to buy. This assumes no one else is buying bitcoin. You can bet there will be more buyers!

Crazy. 🙉

I know the price is really crap, but once bitcoin supply begins to run dry, then the price of bitcoin can only go in one direction.

Crazy. 🙈

Im not entirely sure why people are unable to appreciate the significance of the fixed supply cap of bitcoin. Once bitcoin have been bought by the like of strategy and countries, they will be locked away forever!

What will happen to the price then?

Crazy. 🙉 Crazy. 🙈

I do suspect we have one more leg down before we bottom. So im in agreement with standard charter. But the truth is Im guessing just like everyone else. Where ever we bottom, im definitely looking forward to higher prices in the not too distant future. 🚀