Fat Tail Daily

Dear Reader,

Here’s my unpopular opinion about the recent Bitcoin ETF approval:

Forget about it!

While it’s an important milestone for Bitcoin, I view it as a sideshow at best.

Instead, you should focus on a more critical date on the horizon:

30 April.

That’s when Bitcoin [BTC] is scheduled for its next ‘supply crunch’ — an event that will cut the supply of newly minted bitcoin by half.

This happens like clockwork every four years.

Here’s the interesting bit:

Historically, the price of bitcoin tends to skyrocket during the months after this ‘halving’ event.

For example, during its first halving in November 2012, bitcoin shot up by 8,000% in a year! That means 1 BTC (which cost US$2.54 per halving) suddenly became $1,007!

The same is true during the last halving in 2020, as bitcoin jumped from US$9,000 to US$56,612 in just 12 months.

The question is:

If the trend continues, how high could the rally go after the next halving?

And when should you buy bitcoin for the opportunity to benefit from it?

I reveal the answers in my briefing.

Click here to access it.

Good investing,

Ryan Dinse Signature

Ryan Dinse,
Editor, Crypto Capital Foundation

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