Crypto investor Brian Kelly thinks Bitcoin (BTC) has hit a bullish intersection of rising demand and reduced supply.
Engxoxweni entsha nge-Fast Money yakwa-CNBC, umsunguli kanye ne-CEO yenkampani yokutshala impahla yedijithali i-BKCM uthi seeing bigger brokerage firms jumping into Bitcoin will have a bigger impact than the recent BTC halving.
“So Morgan Stanley, UBS – once they are online, and they can have their customers start to come into Bitcoin, that’s a lot of pent-up demand.”
Kelly says that the recently approved spot Bitcoin exchange-traded funds (ETFs) will also drive demand in the post-halving environment.
“If you think about it, you now have an asset with the most demand it’s ever going to have, right? You’ve got all these people just able to come on, and supply has been cut, coins on exchanges are down, so you’re having a whole bunch of pent-up and potential demand hitting lower supply – to me, that’s the bullish set-up for Bitcoin.”
The crypto investor also predicts that BTC could eventually be a safe-haven asset like gold, though he doesn’t think that will happen for 10-20 years.
Bitcoin is trading at $66,474 at time of writing. The top-ranked crypto asset by market cap is up more than 4% in the past week.
[okuqukethwe okuhlanganisiwe]
Ungaphuthelwa yi-Beat - Bhalisa ukuze uthole izaziso ze-imeyili zilethwe ngokuqondile ebhokisini lakho lokungenayo
Hlola Price Action
Silandele ku Twitter, Facebook futhi yocingo
Surf I-Daily Hodl Mix
Ukuzihlangula: Imibono evezwe ku-Daily Hodl ayizona izeluleko zokutshala izimali. Abatshalizimali kufanele benze ngokucophelela ngaphambi kokutshala imali engcuphe kakhulu ku-Bitcoin, cryptocurrency noma izimpahla zedijithali. Sicela wazi ukuthi ukudluliselwa kwakho kanye nohwebo kusengozini yakho, futhi noma yikuphi ukulahlekelwa ongase ukuthole kuwumthwalo wakho. I-Daily Hodl ayikuncomi ukuthengwa noma ukudayiswa kwanoma yiziphi i-cryptocurrencies noma izimpahla zedijithali, futhi i-Daily Hodl ayiyena umeluleki wokutshalwa kwezimali. Sicela uqaphele ukuthi i-Daily Hodl ibamba iqhaza ekukhangiseni okuhambisanayo.
Isithombe Esenziwe: Midjourney
- I-SEO Powered Content & PR Distribution. Khuliswa Namuhla.
- I-PlatoData.Network Vertical Generative Ai. Zinike Amandla. Finyelela Lapha.
- I-PlatoAiStream. I-Web3 Intelligence. Ulwazi Lukhulisiwe. Finyelela Lapha.
- I-PlatoESG. Ikhabhoni, I-CleanTech, Amandla, Environment, Ilanga, Ukuphathwa Kwemfucuza. Finyelela Lapha.
- I-PlatoHealth. I-Biotech kanye ne-Clinical Trials Intelligence. Finyelela Lapha.
- Source: https://dailyhodl.com/2024/04/24/pent-up-bitcoin-demand-could-come-from-morgan-stanley-and-other-institutions-investor-brian-kelly/
