<Bitcoin is going to 200 million won>

<Bitcoin is going to 200 million won>

There's absolutely nothing good for me with price predictions, but it seems possible, 200 million per bitcoin. Due by the end of next year. My conservative outlook.

I told you to buy bitcoin every time it dropped, but the validity of the short was quite short. I'll have to postpone the period adjustment until later. It's more of a response than expected. You have to recover 69K in a short period of time, and once it's over 70K, you have to look at the rise again. It's no fun if it flows the same way as the fall pattern before half-life like the previous cycle.

Supply and demand are driving prices. That's why ETF buying is the biggest reason. This ripple effect is enormous right now. With just one black rock Bitcoin ETF named IBIT, we reached $10 billion AUM in just 7 weeks. It's tremendous. Funds are flowing in at the fastest pace in the history of U.S. ETFs. It's like a giant wormhole. I think the current market is undergoing FOMO by institutional investors. Maybe it's because individual investors haven't come in yet. I think a real FOMO will come when 100 million won goes over in a heartbeat and 120 to 30 million won goes.  

ETFs are great. This market, which I experienced while working as an asset management ETF, has no choice but to grow. That's because ETFs are the most innovative product in financial history and enable large inflows of funds from the financial sector. There is no reason for the rosy prospect of the "second gold ETF."

In the market, the listing of bitcoin spot ETFs has an opportunity to bring in a large amount of institutional capital such as hedge funds, pension funds, and independent investment advisors. Previously, financial institutions could not easily purchase them due to uncertainties such as accounting regulations and regulations, but the launch of spot ETFs has made them as easy to access like raw material ETFs by utilizing existing financial infrastructure. In particular, bitcoin spot ETFs, unlike futures, do not cost rollovers (extension of maturity), which highlights their attractiveness as long-term investment destinations.

And spot ETFs are more important than futures because of the huge amount of investment coming in from American pension accounts. Because of the regulation of risky assets, futures assets cannot be easily included as pensions.

Bitcoin will follow in the footsteps of gold, which entered the ETF market 20 years ago. The gold ETF "SPDR Gold Share (GLD)," which first appeared in the U.S., attracted 1 billion dollars in investment in just three days after its launch in 2004, and has now grown into a mega ETF. In the U.S. alone, more than 100 billion dollars (about 131 trillion won) are currently traded through gold ETFs.

Bitcoin will also draw a steep upward curve just as the gold price soared as the gold investment method changed innovatively. 200K per bitcoin will be possible. It is at least 200 million won in Korean won.

Financial markets such as stocks, bonds, real estate, and gold have historically tried to find new asset classes. In other words, it's an underlying asset and it's a new food. Derivatives using this are futures, options, and swaps. The simple example of giving individual stocks warrants is stock futures options, and real estate PF is leveraged by real estate, and the market has grown in this way.

As BlackRock entered the coin market, it declared Bitcoin as a new asset, a new underlying asset, and a new food source in the financial market. BlackRock, the world's largest asset manager, is a huge whale power. In terms of the economy, it is larger than at least a few countries combined and larger than any other political group. He is also the largest supporter of the Democratic Party of America. I did not enter this market to eat only two or three times when I applied for the Bitcoin spot ETF.
As I'll tell you later, another exponential rise beyond common sense will come when derivatives using Bitcoin are rolling out.

The end of the force is, after all, an individual.
I've been watching the market for over a decade and experiencing several cycles, but the same is true for stocks (SK Telecom, EcoPro, Tesla, Nvidia). After all, the bubble, assets, and the end of the cycle are handled by individuals.
While Bitcoin has risen over the past cycle, driven by investors based in Asia, this cycle will be led by American ants along with a half-life due to the Bitcoin spot ETF

In other words, in the previous cycle, Chinese forces, Korean ants in the previous cycle, and this cycle is the turn of the world. Burger brothers will raise prices beyond imagination.