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Weekly Ratchet | ETF Approval | Effect on Price? | US Debt Milestone | 034

Weekly Ratchet | ETF Approval | Effect on Price? | US Debt Milestone | 034

Bitcoin news week of Jan 5, 2024

One Way Ratchet

January 5, 202417m 15s

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Show Notes

Dan kicks off the new year:

  • Happy new year
  • ETF approval imminent
  • Impact on price?  We don’t know.  DCA and chill
  • Wealth advisor survey
    • Only 39% expect an ETF approval this year
    • 88% saw ETF approval as a major catalyst
    • Only 19% currently have ability to buy BTC on behalf of clients
    • Takeaway: Still. So. Early.
  • US debt now over $34 trillion dollars and it is not stopping
  • Means continued money printing so stack BTC and chill

Topics

bitcoin