🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 57 (from laksa002)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa057.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://seekingalpha.com/article/4741087-new-opportunity-to-buy-bitcoin\')), getAhrefsUnparsedNoserviceFromURL(\'https://seekingalpha.com/article/4741087-new-opportunity-to-buy-bitcoin\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/seekingalpha.com\/article\/4741087-new-opportunity-to-buy-bitcoin","crawl_time":1776018772,"first_indexed_time":1732877708,"http_code":200,"src_unparsed":"com,seekingalpha!\/article\/4741087-new-opportunity-to-buy-bitcoin s443","src_root_hash":"11478393694123815657","history_drop_reason":null,"meta_title":"New Opportunity To Buy Bitcoin (BTC-USD) | Seeking Alpha","meta_descriptions":["Bitcoin's recent price drop and favorable regulatory environment present a great entry point for investors. Click for more on BTC-USD."],"attrs_boilerpipe_text":"Olemedia\nInvestment Thesis\nI recommend buying Bitcoin (\nBTC-USD\n). We recently saw the biggest drop in Bitcoin prices since Trump won the US election. Many traders are wondering if this is the top, since the $100,000 target was not reached.\nIn\nmy view, this is a great entry point. The regulatory environment for cryptocurrencies is much more favorable with the current composition of the presidency, senate, and house, but there are two other facts that make me even more confident.\nBitcoin ETFs already exceed\n$104 billion\nin assets and are expected to surpass gold soon, which seems to suggest an influx of institutional investors. However, these investors still have little exposure to bitcoin, what will happen if they buy more?\nBiggest Drop Since Trump's Election\nAfter a strong momentum, Bitcoin was very close to hitting the $100,000 mark, however, what investors saw was a sharp decline in its prices to the $91,000 region. This was the biggest drop since Trump's election.\nBitcoin Prices (Seeking Alpha)\nMany traders are skeptical as the psychological barrier of $100,000 has not been reached, which could indicate a top. But I will show you solid arguments that show this is an excellent entry point.\nCrypto-Friendly Politicians\nOne fact that really caught my attention was that the\ncryptocurrency industry\nwas responsible for almost half of the corporate contributions to the election, and apparently this brought many politicians who are followers of the industry.\nAround 300 pro-crypto lawmakers (including\nDemocrats\n) will occupy seats in the Senate and House, in addition to the president himself, who has already made public his\nambitions\nto make America the world capital of cryptocurrencies. This corroborates a positive view of Bitcoin.\nThe Investment Flow Into Crypto ETFs Is Absurd\nGold is considered one of the world's great stores of value, and its ETFs are the largest in terms of revenue. However, Bitcoin ETFs are growing at such a fast pace that they are already approaching gold.\nBitcoin ETFs vs Gold ETFs (Bitcoin Archive)\nThe table below also shows data that of the 575 ETFs launched this year, 14 of the top 30 were funds related to Ethereum or Bitcoin. It is noteworthy that the top four positions were related to Bitcoin ETFs.\nFlow (Decrypt)\nGiven the nature of a Bitcoin ETF, and the fact that individual investors can invest in Bitcoin directly through an exchange, this flow makes me think that much of the recent price increase is related to institutional investors, let's see.\nInstitutional Investors Buying Bitcoin?\nIt is interesting to note how the launch of ETFs has increased institutional investors' appetite for bitcoin. However, data indicates that the long positions of these market participants are still very small.\nA recent\nsurvey\nof asset managers who together manage $1.7 trillion in assets worldwide answered some very pertinent questions. 80% of them said they feel more confident and that they will increase their positions in digital assets in the coming year.\nAnother\nsurvey\n, conducted with 250 investment institutions, indicates an even more interesting fact. Only 35% of respondents note that they allocate between 1% and 5% of their assets to digital assets.\nFinally, a survey by\nOKX\nrevealed that 69% of institutional investors plan to increase their position in cryptocurrencies and that, by 2027, digital assets would represent 7.2% of the portfolio on average.\nI wonder, what happens if institutional investors buy these assets en masse? Possibly, the $100,000 target for Bitcoin is too conservative, which corroborates my buy recommendation.\nHow Far Can Bitcoin Go?\nI recently published an\narticle\nabout the Franklin Bitcoin ETF (\nEZBC\n), in which I seek to provide a pricing of Bitcoin based on seasonality, and at the end of November, seasonality proved to be very useful.\nBitcoin Price Seasonality (Topdown Charts)\nNow, considering that prices tend to slow down in the first quarter, it is not difficult to imagine that Bitcoin could reach a region between $110,000 and $115,000 by the end of the first quarter of 2025.\nPotential Threats To The Bullish Thesis\nIt is interesting to note that not only are Bitcoin prices at an all-time high, but also their percentage, compared to the global equity market. Let's see below.\nBitcoin's market cap as a % of the world stock market (Bespoke)\nAs we can see in the chart, the price variations are very strong, and we are in a price zone where the margin of safety has decreased a lot. For a conservative investor, investing in cryptocurrencies is not recommended.\nAnother risk is that, as in this article, Bitcoin is often compared to gold. However, it is important to note that Bitcoin lacks\nintrinsic value\n, and its scarcity has been questioned by some experts. The thesis is complex, and investors should exercise caution when investing.\nThe Bottom Line\nSomething that has not been seen for some time has happened: after Trump's election, Bitcoin finally experienced a significant drop. What is a cause for concern for some may be seen as an opportunity for others.\nThis is because the current political environment for cryptocurrencies is much more favorable than it was 4 years ago. Additionally, the inflow into Bitcoins apparently driven by institutional investors may be just beginning.\nBased on this analysis, I recommend buying Bitcoin. In my view, investors should view the recent drop as an opportunity given the improved regulatory environment and more positive outlook.\n3.03K Followers\nAnalyst’s Disclosure:\nI\/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.\nI wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.\nSeeking Alpha's Disclosure:\nPast performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.","attrs_markdown":"[Skip to content](https:\/\/seekingalpha.com\/article\/4741087-new-opportunity-to-buy-bitcoin#content)\n\n[Home page Seeking Alpha - Power to Investors](https:\/\/seekingalpha.com\/#source=source%3Asite_navigation)\n\n- Create Free Account\n- [About Premium](https:\/\/seekingalpha.com\/subscriptions\/premium#source=why_premium%3Aexpanded%3Anavbar_left)\n- [Explore Alpha Picks](https:\/\/seekingalpha.com\/#source=explore_alpha_picks%3Aexpanded%3Anavbar_left)\n- [NEW Summary report](https:\/\/seekingalpha.com\/subscriptions\/premium-virtual-analyst-report#source=virtual_analyst_report%3Aexpanded%3Anavbar_left)\n- [FREE Newsletters](https:\/\/seekingalpha.com\/free-investing-newsletters#source=free_newsletters%3Aexpanded%3Anavbar_left)\n\n- [Home](https:\/\/seekingalpha.com\/#source=home%3Aexpanded%3Anavbar_left)\n- [Stock Analysis](https:\/\/seekingalpha.com\/latest-articles#source=analysis%3Aexpanded%3Anavbar_left)\n  - [Stock Ideas](https:\/\/seekingalpha.com\/stock-ideas#source=stock_ideas%3Aexpanded%3Anavbar_left)\n  - [Market Outlook](https:\/\/seekingalpha.com\/market-outlook#source=market_outlook%3Aexpanded%3Anavbar_left)\n  - [Investing Strategy](https:\/\/seekingalpha.com\/investing-strategy#source=investing_strategy%3Aexpanded%3Anavbar_left)\n  - [Long Ideas](https:\/\/seekingalpha.com\/stock-ideas\/long-ideas#source=long_ideas%3Aexpanded%3Anavbar_left)\n  - [IPO Analysis](https:\/\/seekingalpha.com\/stock-ideas\/ipos#source=ipo_analysis%3Aexpanded%3Anavbar_left)\n  - [Editor's Picks](https:\/\/seekingalpha.com\/editors-picks#source=editor's_picks%3Aexpanded%3Anavbar_left)\n  - [Cryptocurrency](https:\/\/seekingalpha.com\/market-outlook\/cryptocurrency#source=cryptocurrency%3Aexpanded%3Anavbar_left)\n- [Market News](https:\/\/seekingalpha.com\/market-news#source=news%3Aexpanded%3Anavbar_left)\n  - [Top Market News](https:\/\/seekingalpha.com\/market-news\/trending#source=top_market_news%3Aexpanded%3Anavbar_left)\n  - [Notable Calls](https:\/\/seekingalpha.com\/market-news\/notable-calls#source=notable_calls%3Aexpanded%3Anavbar_left)\n  - [On The Move](https:\/\/seekingalpha.com\/market-news\/on-the-move#source=on-the-move%3Aexpanded%3Anavbar_left)\n  - [Energy Stock News](https:\/\/seekingalpha.com\/market-news\/energy#source=energy_stock_news%3Aexpanded%3Anavbar_left)\n  - [Tech Stock News](https:\/\/seekingalpha.com\/market-news\/technology#source=tech_stock_news%3Aexpanded%3Anavbar_left)\n  - [IPO News](https:\/\/seekingalpha.com\/market-news\/ipos#source=ipo_news%3Aexpanded%3Anavbar_left)\n  - [Artificial Intelligence (AI) News](https:\/\/seekingalpha.com\/market-news\/ai-tech-stocks#source=ai-tech-stocks%3Aexpanded%3Anavbar_left)\n  - [Budget & DOGE News](https:\/\/seekingalpha.com\/market-news\/budget-regulation#source=budget-regulation%3Aexpanded%3Anavbar_left)\n  - [Merger & Acquisition News](https:\/\/seekingalpha.com\/market-news\/m-a#source=merger_acquisition_news%3Aexpanded%3Anavbar_left)\n- [Market Data](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/key_markets#source=market_performance%3Aexpanded%3Anavbar_left)\n  - [Key Market Data](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/key_markets#source=key_markets%3Aexpanded%3Anavbar_left)\n  - [Earnings Calendar](https:\/\/seekingalpha.com\/earnings\/earnings-calendar#source=earnings_calendar%3Aexpanded%3Anavbar_left)\n  - [Currencies](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/currencies#source=currencies%3Aexpanded%3Anavbar_left)\n  - [Cryptocurrency Prices](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/cryptocurrency#source=cryptocurrency_prices%3Aexpanded%3Anavbar_left)\n- [Sectors](https:\/\/seekingalpha.com\/sectors#source=sectors%3Aexpanded%3Anavbar_left)\n  - [Technology](https:\/\/seekingalpha.com\/sectors\/technology#source=technology%3Aexpanded%3Anavbar_left)\n  - [Financial](https:\/\/seekingalpha.com\/sectors\/financial#source=financial%3Aexpanded%3Anavbar_left)\n  - [Consumer Discretionary](https:\/\/seekingalpha.com\/sectors\/consumer-discretionary#source=consumer_discretionary%3Aexpanded%3Anavbar_left)\n  - [Communication](https:\/\/seekingalpha.com\/sectors\/communication-services#source=communication_services%3Aexpanded%3Anavbar_left)\n  - [Healthcare](https:\/\/seekingalpha.com\/sectors\/healthcare#source=healthcare%3Aexpanded%3Anavbar_left)\n  - [Industrials](https:\/\/seekingalpha.com\/sectors\/industrials#source=industrials%3Aexpanded%3Anavbar_left)\n  - [Consumer Staples](https:\/\/seekingalpha.com\/sectors\/consumer-staples#source=consumer_staples%3Aexpanded%3Anavbar_left)\n  - [Energy](https:\/\/seekingalpha.com\/sectors\/energy#source=energy%3Aexpanded%3Anavbar_left)\n  - [Materials](https:\/\/seekingalpha.com\/sectors\/materials#source=materials%3Aexpanded%3Anavbar_left)\n  - [Real Estate](https:\/\/seekingalpha.com\/sectors\/real-estate#source=real_estate%3Aexpanded%3Anavbar_left)\n  - [Utilities](https:\/\/seekingalpha.com\/sectors\/utilities#source=utilities%3Aexpanded%3Anavbar_left)\n- [Dividends](https:\/\/seekingalpha.com\/dividends#source=dividends%3Aexpanded%3Anavbar_left)\n  - [Top Dividend Stocks](https:\/\/seekingalpha.com\/screeners\/9679329c-Top-Dividend-Stocks#source=top_dividend_stocks%3Aexpanded%3Anavbar_left)\n  - [Top Quant Dividend Stocks](https:\/\/seekingalpha.com\/screeners\/9408317dce-Top-Quant-Dividend-Stocks#source=top_quant_dividend_stocks%3Aexpanded%3Anavbar_left)\n  - [Dividend Ideas](https:\/\/seekingalpha.com\/dividends\/dividend-ideas#source=dividend_ideas%3Aexpanded%3Anavbar_left)\n  - [Dividend Quick Picks](https:\/\/seekingalpha.com\/dividends\/dividend-quick-picks#source=dividend_quick_picks%3Aexpanded%3Anavbar_left)\n  - [Dividend Strategy](https:\/\/seekingalpha.com\/dividends\/dividend-strategy#source=dividend_strategy%3Aexpanded%3Anavbar_left)\n  - [Dividend News - Funds](https:\/\/seekingalpha.com\/market-news\/dividend-funds#source=dividend_news_funds%3Aexpanded%3Anavbar_left)\n  - [Dividend News - Stocks](https:\/\/seekingalpha.com\/market-news\/dividend-stocks#source=dividend_news_stocks%3Aexpanded%3Anavbar_left)\n  - [Dividends Data](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/dividends#source=etf_dividends%3Aexpanded%3Anavbar_left)\n- [ETFs](https:\/\/seekingalpha.com\/etfs-and-funds#source=etfs%3Aexpanded%3Anavbar_left)\n  - [Top Rated ETFs](https:\/\/seekingalpha.com\/screeners\/etfs\/922b797269-Top-Rated-ETFs#source=top_rated_etfs%3Aexpanded%3Anavbar_left)\n  - [ETF Strategies](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/strategies#source=etf_strategies%3Aexpanded%3Anavbar_left)\n  - [REITs & Real Estate ETFs](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/real_estate#source=reits_real_estate_etfs%3Aexpanded%3Anavbar_left)\n  - [Commodity ETFs](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/commodities#source=commodity_etfs%3Aexpanded%3Anavbar_left)\n  - [Emerging Markets ETFs](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/emerging_markets#source=emerging_markets_etfs%3Aexpanded%3Anavbar_left)\n  - [Growth vs. Value ETFs](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/growth_vs_value#source=growth_vs_value_etfs%3Aexpanded%3Anavbar_left)\n  - [Bonds](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/bonds#source=bonds%3Aexpanded%3Anavbar_left)\n  - [Country ETFs](https:\/\/seekingalpha.com\/etfs-and-funds\/etf-tables\/countries#source=countries_etfs%3Aexpanded%3Anavbar_left)\n- [Earnings](https:\/\/seekingalpha.com\/market-news\/earnings#source=earnings%3Aexpanded%3Anavbar_left)\n  - [Earnings Calendar](https:\/\/seekingalpha.com\/earnings\/earnings-calendar#source=earnings_calendar%3Aexpanded%3Anavbar_left)\n  - [Earnings Call Transcripts](https:\/\/seekingalpha.com\/earnings\/earnings-call-transcripts#source=earnings_call_transcripts%3Aexpanded%3Anavbar_left)\n  - [Earnings Call Insights](https:\/\/seekingalpha.com\/market-news\/earnings-calls-insights#source=earnings_call_insights%3Aexpanded%3Anavbar_left)\n- [Education](https:\/\/seekingalpha.com\/investing-resources#source=education%3Aexpanded%3Anavbar_left)\n- [Podcasts](https:\/\/seekingalpha.com\/podcasts#source=podcasts%3Aexpanded%3Anavbar_left)\n- [Videos](https:\/\/seekingalpha.com\/videos#source=videos%3Aexpanded%3Anavbar_left)\n\n## Investing Groups\n- [Explore Investing Groups](https:\/\/seekingalpha.com\/marketplace\/directory#source=investing_groups%3Aexpanded%3Anavbar_left)\n\n## Portfolios\n- [Create Portfolio\\+](https:\/\/seekingalpha.com\/account\/portfolio#source=create_first_portfolio%3Aexpanded%3Anavbar_left)\n- [Portfolio Health Check](https:\/\/seekingalpha.com\/portfolio-health-check#source=portfolio_health_check%3Aexpanded%3Anavbar_left)\n- [About Portfolio](https:\/\/subscriptions.seekingalpha.com\/portfolio_about\/#source=about_portfolio%3Aexpanded%3Anavbar_left)\n\n## Find & Compare\n- [Stock Screener](https:\/\/seekingalpha.com\/screeners#source=stock_screener%3Aexpanded%3Anavbar_left)\n  - [All Stocks](https:\/\/seekingalpha.com\/screeners\/967aaa441702-All-Stocks#source=all_stocks%3Aexpanded%3Anavbar_left)\n  - [Top Rated Stocks](https:\/\/seekingalpha.com\/screeners\/96793299-Top-Rated-Stocks#source=top_rated_stocks%3Aexpanded%3Anavbar_left)\n  - [Top Growth Stocks](https:\/\/seekingalpha.com\/screeners\/9679348d-Top-Growth-Stocks#source=top_growth_stocks%3Aexpanded%3Anavbar_left)\n  - [Top Value Stocks](https:\/\/seekingalpha.com\/screeners\/96793482-Top-Value-Stocks#source=top_value_stocks%3Aexpanded%3Anavbar_left)\n  - [Top Small Cap Stocks](https:\/\/seekingalpha.com\/screeners\/967930eb-Top-Small-Cap-Stocks#source=top_small_cap_stocks%3Aexpanded%3Anavbar_left)\n  - [Stocks by Quant](https:\/\/seekingalpha.com\/screeners\/95b9990b-Stocks-by-Quant#source=stocks_by_quant%3Aexpanded%3Anavbar_left)\n  - [Most Shorted Stocks](https:\/\/seekingalpha.com\/screeners\/940d08e1dd-Most-Shorted-Stocks#source=most_shorted_stocks%3Aexpanded%3Anavbar_left)\n  - [Strong Buy Stocks - Short Squeeze](https:\/\/seekingalpha.com\/screeners\/940d0c9cca-Strong-Buy-Stocks-With-Short-Squeeze-Potential#source=strong_buy_stocks_short_squeeze%3Aexpanded%3Anavbar_left)\n  - [Top REITs](https:\/\/seekingalpha.com\/screeners\/9ecfb4dfa7-Top-REITs#source=top_reits%3Aexpanded%3Anavbar_left)\n- [ETF Screener](https:\/\/seekingalpha.com\/screeners\/etfs#source=etf_screener%3Aexpanded%3Anavbar_left)\n  - [All ETFs](https:\/\/seekingalpha.com\/screeners\/etfs\/967aaa441700-All-ETFs#source=all_etfs%3Aexpanded%3Anavbar_left)\n  - [Top Alternative ETFs](https:\/\/seekingalpha.com\/screeners\/etfs\/922b7973d1-Top-Alternative-ETFs#source=top_alternative_etfs%3Aexpanded%3Anavbar_left)\n  - [Top Commodities ETFs](https:\/\/seekingalpha.com\/screeners\/etfs\/922b7973d0-Top-Commodities-ETFs#source=top_commodities_etfs%3Aexpanded%3Anavbar_left)\n  - [Top International Equities ETFs](https:\/\/seekingalpha.com\/screeners\/etfs\/922b7973d4-Top-International-Equity-ETFs#source=top_international_equities_etfs%3Aexpanded%3Anavbar_left)\n  - [Top Sector Equity ETFs](https:\/\/seekingalpha.com\/screeners\/etfs\/922b7973d5-Top-Sector-Equity-ETFs#source=top_sector_equity_etfs%3Aexpanded%3Anavbar_left)\n  - [Top U.S. Equity ETFs](https:\/\/seekingalpha.com\/screeners\/etfs\/922b797268-Top-U-S--Equity-ETFs#source=top_us_equity_etfs%3Aexpanded%3Anavbar_left)\n  - [Most Shorted ETFs](https:\/\/seekingalpha.com\/screeners\/etfs\/9ecdd541a8-Most-Shorted-ETFs#source=most_shorted_etfs%3Aexpanded%3Anavbar_left)\n- [Comparisons](https:\/\/seekingalpha.com\/comparison#source=comparisons%3Aexpanded%3Anavbar_left)\n  - [AI Stocks](https:\/\/seekingalpha.com\/comparison\/91b2fbba4e-Artificial-Intelligence-%28AI%29-Stocks#source=ai_stocks%3Aexpanded%3Anavbar_left)\n  - [5G Stocks](https:\/\/seekingalpha.com\/comparison\/91b2fdf02e-5G-Stocks#source=5g_stocks%3Aexpanded%3Anavbar_left)\n  - [Aerospace & Defense Stocks](https:\/\/seekingalpha.com\/comparison\/91b2fbba40-Aerospace-%26-Defense-Stocks#source=aerospace_defense_stocks%3Aexpanded%3Anavbar_left)\n  - [Dividend Stocks](https:\/\/seekingalpha.com\/comparison\/91b2fbb823-Dividend-Stocks#source=dividend_stocks%3Aexpanded%3Anavbar_left)\n  - [Value Stocks](https:\/\/seekingalpha.com\/comparison\/91b2fbb9fe-Value-Stocks#source=value_stocks%3Aexpanded%3Anavbar_left)\n  - [Blue Chip Stocks](https:\/\/seekingalpha.com\/comparison\/91b2fbbb60-Blue-Chip-Stocks#source=blue_chip_stocks%3Aexpanded%3Anavbar_left)\n  - [FAANG Stocks](https:\/\/seekingalpha.com\/comparison\/9e-FAANG-Stocks#source=faang_stocks%3Aexpanded%3Anavbar_left)\n  - [Gold ETFs](https:\/\/seekingalpha.com\/comparison\/9679-Gold-ETFs#source=gold-etfs%3Aexpanded%3Anavbar_left)\n  - [Cash Equivalents](https:\/\/seekingalpha.com\/comparison\/95bd-Cash-Equivalents#source=cash_equivalents%3Aexpanded%3Anavbar_left)\n  - [Big Bank Stocks](https:\/\/seekingalpha.com\/comparison\/9678-Big-Bank-Stocks#source=big_bank_stocks%3Aexpanded%3Anavbar_left)\n  - [Big Pharma Stocks](https:\/\/seekingalpha.com\/comparison\/967b-Big-Pharma-Stocks#source=big_pharma_stocks%3Aexpanded%3Anavbar_left)\n  - [Retail Stocks](https:\/\/seekingalpha.com\/comparison\/967a-Retail-Stocks#source=retail_stocks%3Aexpanded%3Anavbar_left)\n\n## Subscriptions\n- [Alpha Picks](https:\/\/seekingalpha.com\/#source=alpha-picks%3Aexpanded%3Anavbar_left)\n- [Premium & Pro](https:\/\/seekingalpha.com\/subscriptions#source=premium-pro%3Aexpanded%3Anavbar_left)\n\nSearch field\n\n[Home page Seeking Alpha - Power to Investors](https:\/\/seekingalpha.com\/#source=source%3Asite_navigation)\n\nCreate free account\n\n[Search for Symbols, analysts, keywords](https:\/\/seekingalpha.com\/basic-search \"Search\")\n\nLog in\n\n- [Home](https:\/\/seekingalpha.com\/#source=home%3Atop_navbar_mw)\n- [News](https:\/\/seekingalpha.com\/market-news#source=news%3Atop_navbar_mw)\n- [Analysis](https:\/\/seekingalpha.com\/latest-articles#source=analysis%3Atop_navbar_mw)\n- [Portfolio](https:\/\/seekingalpha.com\/account\/portfolio#source=portfolio%3Atop_navbar_mw)\n- [Premium](https:\/\/seekingalpha.com\/subscriptions\/premium#source=premium%3Atop_navbar_mw)\n\n1. [Home](https:\/\/seekingalpha.com\/#source=first_level_url%3Aarticle%7Ccontent_type%3Aall%7Csection%3Apage_breadcrumbs)\n2. [Market Outlook](https:\/\/seekingalpha.com\/market-outlook#source=first_level_url%3Aarticle%7Ccontent_type%3Aall%7Csection%3Apage_breadcrumbs)\n3. [Cryptocurrency](https:\/\/seekingalpha.com\/market-outlook\/cryptocurrency#source=first_level_url%3Aarticle%7Ccontent_type%3Aall%7Csection%3Apage_breadcrumbs)\n# New Opportunity To Buy Bitcoin\nNov 29, 2024, 5:54 AM ET[Bitcoin USD (BTC-USD) Crypto](https:\/\/seekingalpha.com\/symbol\/BTC-USD#source=section%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Aarticle%7Csymbol%3ABTC-USD)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/059\/387\/725\/big_pic.png?io=w36)\n\n[Multiplo Invest](https:\/\/seekingalpha.com\/author\/multiplo-invest#source=url_first_level%3Aarticle%7Csection%3Aauthor_brief%3Amultiplo-invest%7Csection_asset%3Aauthor_brief%7Cauthor_name)\n\n3\\.03K Followers\n\nFollow\n\n- 5\n  \n  Share\n- Save\n- Play(6min)\n- [Comments (84)](https:\/\/seekingalpha.com\/article\/4741087-new-opportunity-to-buy-bitcoin#scroll_comments)\n\n## Summary\n- I recommend buying Bitcoin due to the favorable regulatory environment and the recent price drop, presenting a great entry point for investors.\n- Bitcoin ETFs are rapidly growing, suggesting increased institutional interest, which could drive prices higher if they increase their positions.\n- The current political landscape is pro-crypto, with many lawmakers supporting the industry, enhancing Bitcoin's long-term prospects.\n- Despite potential risks, the improved outlook and institutional inflows make Bitcoin a compelling investment opportunity at current levels.\n\n![Abstract Bitcoin Cryptocurrency concept](https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/1368998806\/image_1368998806.jpg?io=getty-c-w750)\n\nOlemedia\n## Investment Thesis\nI recommend buying Bitcoin ([BTC-USD](https:\/\/seekingalpha.com\/symbol\/BTC-USD \"Bitcoin USD\")). We recently saw the biggest drop in Bitcoin prices since Trump won the US election. Many traders are wondering if this is the top, since the \\$100,000 target was not reached.\n\nIn my view, this is a great entry point. The regulatory environment for cryptocurrencies is much more favorable with the current composition of the presidency, senate, and house, but there are two other facts that make me even more confident.\n\nBitcoin ETFs already exceed [\\$104 billion](https:\/\/cointelegraph.com\/news\/us-bitcoin-etfs-break-100-billion?utm_source=chatgpt.com) in assets and are expected to surpass gold soon, which seems to suggest an influx of institutional investors. However, these investors still have little exposure to bitcoin, what will happen if they buy more?\n\n## Biggest Drop Since Trump's Election\nAfter a strong momentum, Bitcoin was very close to hitting the \\$100,000 mark, however, what investors saw was a sharp decline in its prices to the \\$91,000 region. This was the biggest drop since Trump's election.\n\n[![Bitcoin Prices](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-1732726950286306_origin.png?io=w640)](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-1732726950286306_origin.png)\n\nBitcoin Prices (Seeking Alpha)\n\nMany traders are skeptical as the psychological barrier of \\$100,000 has not been reached, which could indicate a top. But I will show you solid arguments that show this is an excellent entry point.\n\n## Crypto-Friendly Politicians\nOne fact that really caught my attention was that the [cryptocurrency industry](https:\/\/www.cnbc.com\/2024\/11\/23\/how-tech-bros-bought-americas-most-pro-crypto-congress-ever.html) was responsible for almost half of the corporate contributions to the election, and apparently this brought many politicians who are followers of the industry.\n\nAround 300 pro-crypto lawmakers (including [Democrats](https:\/\/www.forbes.com\/sites\/lawrencewintermeyer\/2024\/08\/29\/its-a-crypto-election-but-institutional-investors-have-already-voted\/)) will occupy seats in the Senate and House, in addition to the president himself, who has already made public his [ambitions](https:\/\/www.abc.net.au\/listen\/programs\/radionational-drive\/1652\/104574538) to make America the world capital of cryptocurrencies. This corroborates a positive view of Bitcoin.\n\n## The Investment Flow Into Crypto ETFs Is Absurd\nGold is considered one of the world's great stores of value, and its ETFs are the largest in terms of revenue. However, Bitcoin ETFs are growing at such a fast pace that they are already approaching gold.\n\n![Bitcoin ETFs vs Gold ETFs](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-1732728718733482.png?io=w640)\n\nBitcoin ETFs vs Gold ETFs (Bitcoin Archive)\n\nThe table below also shows data that of the 575 ETFs launched this year, 14 of the top 30 were funds related to Ethereum or Bitcoin. It is noteworthy that the top four positions were related to Bitcoin ETFs.\n\n[![Flow](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-1732729198866833_origin.png?io=w640)](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-1732729198866833_origin.png)\n\nFlow (Decrypt)\n\nGiven the nature of a Bitcoin ETF, and the fact that individual investors can invest in Bitcoin directly through an exchange, this flow makes me think that much of the recent price increase is related to institutional investors, let's see.\n\n## Institutional Investors Buying Bitcoin?\nIt is interesting to note how the launch of ETFs has increased institutional investors' appetite for bitcoin. However, data indicates that the long positions of these market participants are still very small.\n\nA recent [survey](https:\/\/www.forbes.com\/sites\/lawrencewintermeyer\/2024\/08\/29\/its-a-crypto-election-but-institutional-investors-have-already-voted\/) of asset managers who together manage \\$1.7 trillion in assets worldwide answered some very pertinent questions. 80% of them said they feel more confident and that they will increase their positions in digital assets in the coming year.\n\nAnother [survey](https:\/\/www.ey.com\/en_us\/insights\/financial-services\/how-institutions-are-investing-in-digital-assets), conducted with 250 investment institutions, indicates an even more interesting fact. Only 35% of respondents note that they allocate between 1% and 5% of their assets to digital assets.\n\nFinally, a survey by [OKX](https:\/\/br.cointelegraph.com\/news\/okx-survey-reveals-growing-interest-from-institutional-investors-in-bitcoin?utm_source=chatgpt.com) revealed that 69% of institutional investors plan to increase their position in cryptocurrencies and that, by 2027, digital assets would represent 7.2% of the portfolio on average.\n\nI wonder, what happens if institutional investors buy these assets en masse? Possibly, the \\$100,000 target for Bitcoin is too conservative, which corroborates my buy recommendation.\n\n## How Far Can Bitcoin Go?\nI recently published an [article](https:\/\/seekingalpha.com\/article\/4732614-ezbc-etf-confluence-may-be-forming-around-bitcoin) about the Franklin Bitcoin ETF ([EZBC](https:\/\/seekingalpha.com\/symbol\/EZBC \"Franklin Bitcoin ETF\")), in which I seek to provide a pricing of Bitcoin based on seasonality, and at the end of November, seasonality proved to be very useful.\n\n[![Bitcoin Price Seasonality](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/28\/59387725-17328100950601027_origin.png?io=w640)](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/28\/59387725-17328100950601027_origin.png)\n\nBitcoin Price Seasonality (Topdown Charts)\n\nNow, considering that prices tend to slow down in the first quarter, it is not difficult to imagine that Bitcoin could reach a region between \\$110,000 and \\$115,000 by the end of the first quarter of 2025.\n\n## Potential Threats To The Bullish Thesis\nIt is interesting to note that not only are Bitcoin prices at an all-time high, but also their percentage, compared to the global equity market. Let's see below.\n\n[![Bitcoin's market cap as a % of the world stock market](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-17327329962236614_origin.png?io=w640)](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-17327329962236614_origin.png)\n\nBitcoin's market cap as a % of the world stock market (Bespoke)\n\nAs we can see in the chart, the price variations are very strong, and we are in a price zone where the margin of safety has decreased a lot. For a conservative investor, investing in cryptocurrencies is not recommended.\n\nAnother risk is that, as in this article, Bitcoin is often compared to gold. However, it is important to note that Bitcoin lacks [intrinsic value](https:\/\/www.brookings.edu\/articles\/the-brutal-truth-about-bitcoin\/?utm_source=chatgpt.com), and its scarcity has been questioned by some experts. The thesis is complex, and investors should exercise caution when investing.\n\n## The Bottom Line\nSomething that has not been seen for some time has happened: after Trump's election, Bitcoin finally experienced a significant drop. What is a cause for concern for some may be seen as an opportunity for others.\n\nThis is because the current political environment for cryptocurrencies is much more favorable than it was 4 years ago. Additionally, the inflow into Bitcoins apparently driven by institutional investors may be just beginning.\n\nBased on this analysis, I recommend buying Bitcoin. In my view, investors should view the recent drop as an opportunity given the improved regulatory environment and more positive outlook.\n\nThis article was written by\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/059\/387\/725\/big_pic.png?io=w36)\n\n[Multiplo Invest](https:\/\/seekingalpha.com\/author\/multiplo-invest#source=url_first_level%3Aarticle%7Csection%3Aauthor_root%3Amultiplo-invest%7Csection_asset%3Aauthor_root%7Cauthor_name)\n\n3\\.03K Followers\n\nFollow\n\nMore than 7 years of experience in equity analysis in LatAm. We provide our clients with in-depth research and insights to help them make informed investment decisions.\n\n**Analyst’s Disclosure:** I\/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.\n\n**Seeking Alpha's Disclosure:** Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.\n\n- Like\n- [Comments (84)](https:\/\/seekingalpha.com\/article\/4741087-new-opportunity-to-buy-bitcoin#scroll_comments)\n\nTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.\n\nIs this happening to you frequently? Please [report it on our feedback forum.](https:\/\/help.seekingalpha.com\/kb-tickets\/new)\n\nIf you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.\n\n![](https:\/\/seekingalpha.com\/_sa_track\/samw\/noscript?noscript[disabled]=true)\n\nSearch field\n\nEntering text into the input field will update the search result below\n\nEntering text into the input field will update the search result below\n\n### Recommended For You\n### Comments (84)\nNewest\n\nIf you type a company or ETF ticker symbol in capital letters we will automatically link to the symbol page. You can remove the link by deleting the \\$ in the comment.\n\nPublish\n\nR\n\n[Rhoda711](https:\/\/seekingalpha.com\/user\/56247778)\n\nDec 02, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1369#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (33.46K)](https:\/\/seekingalpha.com\/user\/56247778)\n\nInteresting.   \nIs buying bitcoin possible through a traditional broker?  \nIf not, that would seem related to drop.\n\nJMHO\n\nReply\n\nLike\n\n(1)\n\nJ\n\n[JCCIII](https:\/\/seekingalpha.com\/user\/205688)\n\nDec 02, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1319#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (11.89K)](https:\/\/seekingalpha.com\/user\/205688)\n\nYes, at Interactive Brokers and Fidelity, perhaps others that I am not aware of. I read that Schwab intends to expand into that capability next year.\n\nReply\n\nLike\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/050\/372\/013\/small_pic.png?t=d92574325f)\n\n[Sundance Utah](https:\/\/seekingalpha.com\/user\/50372013)\n\nDec 02, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (3.31K)](https:\/\/seekingalpha.com\/user\/50372013)\n\nFidelity Investments has a \"Fidelity Crypto®\" account for buying and selling both btc and etherium.\n\nIt should be noted that Fidelity is the custodian and the btc or etherium cannot be moved from the Fidelity Brokerage account.\n\nReply\n\nLike\n\nT\n\n[Tattoo123](https:\/\/seekingalpha.com\/user\/2412121)\n\nDec 02, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (586)](https:\/\/seekingalpha.com\/user\/2412121)\n\nWhat about IB?\n\nReply\n\nLike\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/797\/899\/small_pic.png?t=bce420961e)\n\n[TomatoHead](https:\/\/seekingalpha.com\/user\/797899)\n\nDec 01, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1319#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (2.87K)](https:\/\/seekingalpha.com\/user\/797899)\n\nXRP just kicked the nuts off all you silly worshippers.\n\nDo they still have LOL NFTs?\n\nBeen a boring 3 years, until it ain't.\n\nReply\n\nLike\n\nJ\n\n[Johnsopinion](https:\/\/seekingalpha.com\/user\/48111499)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (26)](https:\/\/seekingalpha.com\/user\/48111499)\n\nBitcoin has a fixed supply. If people ever quit buying tulips the supply won’t matter. Assets producing cash flows are the only assets I know how to value. Assets that are in a supply demand imbalance are priced by the greater fool until nobody wants them. That’s not to say people on the left side of the chart didn’t see a huge run up in value. Don’t be caught on the downhill slope.\n\nReply\n\nLike\n\n(3)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/023\/276\/023\/small_pic.png?t=8d46b29e3c)\n\n[HamishMacEwan](https:\/\/seekingalpha.com\/user\/23276023)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (1.09K)](https:\/\/seekingalpha.com\/user\/23276023)\n\nadmits \"Assets producing cash flows are the only assets I know how to value.\"\n\nIt's good to acknowledge ones limitations.\n\nReply\n\nLike\n\n(9)\n\nS\n\n[SWinCA](https:\/\/seekingalpha.com\/user\/48610910)\n\nDec 01, 2024\n\n[Comments (9.84K)](https:\/\/seekingalpha.com\/user\/48610910)\n\nLike gold?\n\nReply\n\nLike\n\n(4)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/638\/463\/small_pic.png?t=2f3489645a)\n\n[grendelbane](https:\/\/seekingalpha.com\/user\/638463)\n\nDec 01, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1268#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (9.2K)](https:\/\/seekingalpha.com\/user\/638463)\n\nYou only know how to value assets producing cash flows? If that is so, how do you know you are being paid adequately for your labor? How do you know if you are paying too much or getting a bargain when you purchase goods and services with fiat currency? After all, Dollars don’t produce cash flows.\n\nReply\n\nLike\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/996\/210\/small_pic.png?t=4372cc4038)\n\n[Paul T. Lambert](https:\/\/seekingalpha.com\/user\/996210)\n\nNov 30, 2024\n\n[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1365#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (1.46K)](https:\/\/seekingalpha.com\/user\/996210)\n\nIf you own just one bitcoin, that leaves only 20,999,999 bitcoins to spread among the entire Earth population. This is 8.1 billion and counting. You can do the math on how far ahead you are -- but then note that perhaps 20-30% of the remaining BTC (and counting) are forever inaccessible, whether due to forgotten wallet passwords, people passing away, etc. Now, let's talk scarcity and deflation as means of appreciation.\n\nReply\n\nLike\n\n(8)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/191\/735\/small_pic.png?t=4cf43e9475)\n\n[MikeyFL](https:\/\/seekingalpha.com\/user\/191735)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (336)](https:\/\/seekingalpha.com\/user\/191735)\n\nExactly why I bought a few days ago.\n\nReply\n\nLike\n\n(4)\n\nA\n\n[Always Bullish](https:\/\/seekingalpha.com\/user\/2427371)\n\nNov 30, 2024\n\n[Comments (4.51K)](https:\/\/seekingalpha.com\/user\/2427371)\n\nAll I have to say about bitcoin is to state the obvious. It’s a pet rock says legendary banker Jamie Dimon. It’s a weapon of mass destruction says Warren Buffett. It’s Crypto Crappo says the late Charlie Munger\n\nReply\n\nLike\n\nS\n\n[Steelkilt81](https:\/\/seekingalpha.com\/user\/12425521)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_966#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (776)](https:\/\/seekingalpha.com\/user\/12425521)\n\nNow do fiat currency\n\nReply\n\nLike\n\n(12)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/191\/735\/small_pic.png?t=4cf43e9475)\n\n[MikeyFL](https:\/\/seekingalpha.com\/user\/191735)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (336)](https:\/\/seekingalpha.com\/user\/191735)\n\nexplain why Jamie's bank is now trading in Bitcoin.\n\nReply\n\nLike\n\n(9)\n\nS\n\n[Sleepless in Seattle](https:\/\/seekingalpha.com\/user\/9666501)\n\nDec 01, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (4.13K)](https:\/\/seekingalpha.com\/user\/9666501)\n\nNow that BTC is valued above silver, my impression is that retail investors like you and I don't matter much, if at all, to the bitcoin market. You're a skeptic, I'm long—but our opinions don't matter at all now.\n\nReply\n\nLike\n\nSee More Replies\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/395\/261\/small_pic.png?t=8e20cecbda)\n\n[TheFounder](https:\/\/seekingalpha.com\/user\/395261)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (1.31K)](https:\/\/seekingalpha.com\/user\/395261)\n\nAnother article that completely misses the mark by ignoring the most critical aspect of Bitcoin: its adoption scenarios. These include its potential as a store of value, a global currency reserve, its role in DeFi transactions, and its place in investment portfolios. With Bitcoin’s supply fixed at 21 million coins, the real question is: how high can its market cap grow? \\$10 trillion? \\$20 trillion? \\$50 trillion? And that’s before even factoring in inflation. This is perhaps the greatest example of asymmetric upside ever.\n\nReply\n\nLike\n\n(14)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/014\/423\/652\/small_pic.png?t=00a0609d01)\n\n[Michu](https:\/\/seekingalpha.com\/user\/14423652)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (1.39K)](https:\/\/seekingalpha.com\/user\/14423652)\n\nBitcoin has practically no applications in the real economy so far, e.g. for processing payments. At the moment, it's all about speculation and I don't think that will change. Especially because Bitcoin is limited in quantity and subject to extreme fluctuations.\n\nReply\n\nLike\n\n(1)\n\nS\n\n[SWinCA](https:\/\/seekingalpha.com\/user\/48610910)\n\nDec 01, 2024\n\n[Comments (9.84K)](https:\/\/seekingalpha.com\/user\/48610910)\n\nAsk Brazil about its application in their real economy\n\nReply\n\nLike\n\n(1)\n\nD\n\n[Discountfoods1](https:\/\/seekingalpha.com\/user\/52359567)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (461)](https:\/\/seekingalpha.com\/user\/52359567)\n\nNo brainer buy.... buy Bitcoin and stocks and hold long term. PERIOD  \nNot owning some Bitcoin is not smart imo\n\nReply\n\nLike\n\n(4)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/053\/794\/330\/small_pic.png?t=9dde87689a)\n\n[JunoBeach2024](https:\/\/seekingalpha.com\/user\/53794330)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (14.89K)](https:\/\/seekingalpha.com\/user\/53794330)\n\nIf Saylor keeps buying will MSTR continue to be the best holding? Until proven othewisre, for now MSTR looks quite good especially if prices continue to rise substantially\n\nReply\n\nLike\n\n(6)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/048\/650\/058\/small_pic.png?t=9d85acad4a)\n\n[Samsara Growth](https:\/\/seekingalpha.com\/user\/48650058)\n\nNov 30, 2024\n\n[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (5.13K)](https:\/\/seekingalpha.com\/user\/48650058)\n\nThe inclusion of MSTR in the Nasdaq 100 will help a bit I suppose.\n\nReply\n\nLike\n\n(1)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/053\/794\/330\/small_pic.png?t=9dde87689a)\n\n[JunoBeach2024](https:\/\/seekingalpha.com\/user\/53794330)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (14.89K)](https:\/\/seekingalpha.com\/user\/53794330)\n\nyes that is possible- not sure MSTR needs too much help- runup reminds me a bit of SMCI and then SMCI joined S & P- hopefully MSTR won't have the same ending as SMCI- if Bitcoin keeps rising which is likely in the long run MSTR should do well considering how much they own.\n\nReply\n\nLike\n\n(2)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/048\/650\/058\/small_pic.png?t=9d85acad4a)\n\n[Samsara Growth](https:\/\/seekingalpha.com\/user\/48650058)\n\nNov 30, 2024\n\n[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (5.13K)](https:\/\/seekingalpha.com\/user\/48650058)\n\n[x.com\/...](https:\/\/x.com\/BenWerkman\/status\/1862573072722927893 \"https:\/\/x.com\/BenWerkman\/status\/1862573072722927893\")\n\nReply\n\nLike\n\nSee More Replies\n\nM\n\n[Mokajoka](https:\/\/seekingalpha.com\/user\/42704166)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (321)](https:\/\/seekingalpha.com\/user\/42704166)\n\nBitcoin is nothing but digits on a computer screen. End of story. Complete blue sky . I prefer tulips myself - much prettier. And the tulip bulbs can be planted and then you have a beautiful garden in a great variety of rare colors. Yes We all have paper currency - paper dollar - itself equally worthless as colored paper even with green ink is cheap - you can print it yourself at home as many people have done - but the real deal us govt paper contains magic words “ this note is legal tender for all debts public and private “. Ahh.!, you can survive on the us paper dollar! Can’t survive on computer screen digits unfortunately. Try to buy food with bitcoin or valuable tulip bulbs and see what happens.\n\nReply\n\nLike\n\n(2)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/915\/276\/small_pic.png?t=6f2aa47587)\n\n[ephud](https:\/\/seekingalpha.com\/user\/915276)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (21.3K)](https:\/\/seekingalpha.com\/user\/915276)\n\n\"Bitcoin is nothing but digits on a computer screen. End of story.\"\n\nYou need to include a disclaimer with your posts. It should say:\n\n\"I have no idea what I'm talking about\".\n\nReply\n\nLike\n\n(21)\n\nS\n\n[SWinCA](https:\/\/seekingalpha.com\/user\/48610910)\n\nNov 30, 2024\n\n[Comments (9.84K)](https:\/\/seekingalpha.com\/user\/48610910)\n\nYou do know you can exchange bitcoin for dollars when you need groceries, right? Surely you don't read this website and hold all your money in dollars under the mattress or in a coffee can\n\nReply\n\nLike\n\n(5)\n\nW\n\n[WillyDogg](https:\/\/seekingalpha.com\/user\/49272059)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (415)](https:\/\/seekingalpha.com\/user\/49272059)\n\nyour entire stock portfolio is just digits on a computer screen…. can’t buy food with Nvidia stock either - but you can sure buy a lot of food when you sell your NVDA stock after it went up a bunch! Same with Bitcoin.\n\nReply\n\nLike\n\n(14)\n\nSee More Replies\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/057\/421\/425\/small_pic.png?t=3034fae020)\n\n[Tyson23](https:\/\/seekingalpha.com\/user\/57421425)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/alpha-picks#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (286)](https:\/\/seekingalpha.com\/user\/57421425)\n\nKey Ponzi Scheme Characteristics in Cryptocurrency:\n\n1\\. Dependence on New Investors  \n\\- Cryptocurrencies often rely on continuous new investment to maintain or increase value  \n\\- Price appreciation depends more on speculation than underlying economic value  \n\\- Early investors profit primarily from later investors' purchases, similar to classic Ponzi dynamics\n\n2\\. Artificial Value Inflation  \n\\- Price is largely driven by hype, media attention, and social media influence  \n\\- Lack of intrinsic value or consistent revenue-generating mechanism  \n\\- Market manipulation through coordinated buying\/selling and promotional campaigns  \n\\- Influencers and major holders can dramatically impact price\n\n3\\. Promised Returns Without Sustainable Economic Model  \n\\- Many cryptocurrencies promise high returns without clear value creation  \n\\- Minimal real-world utility for most coins  \n\\- Speculative gains rely on finding subsequent buyers at higher prices  \n\\- Limited connection to actual economic productivity\n\n4\\. Complex Technical Barriers  \n\\- Deliberately complicated technology creates information asymmetry  \n\\- Most investors don't understand underlying blockchain mechanics  \n\\- Complexity obscures the lack of fundamental economic value\n\n5\\. Unregulated Market Dynamics  \n\\- Limited government oversight  \n\\- Easy creation of new cryptocurrencies  \n\\- Minimal accountability for project founders  \n\\- High potential for fraud and market manipulation\n\nCritical Nuance:  \n\\- Not all cryptocurrencies are identical  \n\\- Some blockchain projects have legitimate technological innovations  \n\\- Regulatory environments are evolving\n\nThis analysis represents a critical perspective on cryptocurrency's economic structure, highlighting why financial experts draw parallels to Ponzi schemes.\n\nReply\n\nLike\n\n(4)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/638\/463\/small_pic.png?t=2f3489645a)\n\n[grendelbane](https:\/\/seekingalpha.com\/user\/638463)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1268#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (9.2K)](https:\/\/seekingalpha.com\/user\/638463)\n\nCongratulations, that is quite the word salad. Do you realize that most of your points apply to all assets in the world?\n\nReply\n\nLike\n\n(15)\n\ns\n\n[saratogasfinest](https:\/\/seekingalpha.com\/user\/29825505)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (1.81K)](https:\/\/seekingalpha.com\/user\/29825505)\n\nhere’s the flaw in your theory. A ponzie scheme takes in money to pay off other people. If bitcoin had no value and dropped to a penny I would buy every bitcoin for \\$210k. And I would not sell a single one or fraction of one for the equivalent of at least a million a coin. You fail to realize that bitcoin is a disruptor to the financial asset community. Your thesis is only true if everyone in the world shares your view. As long as 1 person in the world thinks Bitcoin has value, it will have value. Your thesis will never be true\n\nReply\n\nLike\n\n(13)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/023\/276\/023\/small_pic.png?t=8d46b29e3c)\n\n[HamishMacEwan](https:\/\/seekingalpha.com\/user\/23276023)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (1.09K)](https:\/\/seekingalpha.com\/user\/23276023)\n\nleaves \"Critical Nuance\" for last\n\nOf which the most critical is, \"Not all cryptocurrencies are identical\"\n\nReply\n\nLike\n\n(1)\n\nSee More Replies\n\nM\n\n[Marystrata, 3rd. level CGA](https:\/\/seekingalpha.com\/user\/51026339)\n\nNov 29, 2024\n\n[Comments (373)](https:\/\/seekingalpha.com\/user\/51026339)\n\nAgree, not expected to peak until next fall, per history\n\nReply\n\nLike\n\n(1)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/915\/276\/small_pic.png?t=6f2aa47587)\n\n[ephud](https:\/\/seekingalpha.com\/user\/915276)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (21.3K)](https:\/\/seekingalpha.com\/user\/915276)\n\nI would disagree with your statement that Bitcoin has no intrinsic value. Try duplicating the network and see what it costs you.\n\nReply\n\nLike\n\n(11)\n\nO\n\n[Original Six](https:\/\/seekingalpha.com\/user\/36703306)\n\nNov 29, 2024\n\n[Comments (87)](https:\/\/seekingalpha.com\/user\/36703306)\n\nThank you. I agree that the change in administration will erase or subdue Bitcoin’s main risk (regulatory). If this administration establishes laws that allow Bitcoin to become mainstream as an asset or commodity, the upside is very large.\n\nReply\n\nLike\n\n(4)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/048\/040\/114\/small_pic.png?t=c8a6aeb76b)\n\n[cjherr58](https:\/\/seekingalpha.com\/user\/48040114)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (888)](https:\/\/seekingalpha.com\/user\/48040114)\n\nHow many bitcoins are still to be “mined”?\n\nReply\n\nLike\n\nM\n\n[Mr Nobodi](https:\/\/seekingalpha.com\/user\/51359545)\n\nNov 29, 2024\n\n[Comments (4.72K)](https:\/\/seekingalpha.com\/user\/51359545)\n\nNot enough for many people to own one.\n\nReply\n\nLike\n\n(3)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/048\/040\/114\/small_pic.png?t=c8a6aeb76b)\n\n[cjherr58](https:\/\/seekingalpha.com\/user\/48040114)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (888)](https:\/\/seekingalpha.com\/user\/48040114)\n\nDoesn’t answer the question\n\nReply\n\nLike\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/638\/463\/small_pic.png?t=2f3489645a)\n\n[grendelbane](https:\/\/seekingalpha.com\/user\/638463)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1268#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (9.2K)](https:\/\/seekingalpha.com\/user\/638463)\n\nA little over 1,100,000 if you can trust SA’s numbers.\n\nReply\n\nLike\n\n(2)\n\nSee More Replies\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/237\/658\/small_pic.png?t=2237fe3bd8)\n\n[BeaBaggage](https:\/\/seekingalpha.com\/user\/237658)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (18.75K)](https:\/\/seekingalpha.com\/user\/237658)\n\ncomplete scam would never own bitcrap\n\nReply\n\nLike\n\n(1)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/023\/276\/023\/small_pic.png?t=8d46b29e3c)\n\n[HamishMacEwan](https:\/\/seekingalpha.com\/user\/23276023)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (1.09K)](https:\/\/seekingalpha.com\/user\/23276023)\n\nblurts \"complete scam would never own bitcrap\"\n\nThe greater fool theory in action.\n\nReply\n\nLike\n\n(2)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/050\/372\/013\/small_pic.png?t=d92574325f)\n\n[Sundance Utah](https:\/\/seekingalpha.com\/user\/50372013)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (3.31K)](https:\/\/seekingalpha.com\/user\/50372013)\n\nJamie Dimon will be pleased to hear this.\n\nReply\n\nLike\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/638\/463\/small_pic.png?t=2f3489645a)\n\n[grendelbane](https:\/\/seekingalpha.com\/user\/638463)\n\nDec 01, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1268#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (9.2K)](https:\/\/seekingalpha.com\/user\/638463)\n\nThe number of people willing to hold Dollars shows that the greater fool theory is alive and well.\n\nReply\n\nLike\n\n(2)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/020\/491\/391\/small_pic.png?t=e7792b8b6d)\n\n[kjseagle1](https:\/\/seekingalpha.com\/user\/20491391)\n\nNov 29, 2024\n\n[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (1.79K)](https:\/\/seekingalpha.com\/user\/20491391)\n\nTry this — Following the Stock to Flow chart or S2F , we can see the prices of Bitcoin. It’s been 100% correct , so I’m following that. My opinion ; Clearly there is more upside.\n\nReply\n\nLike\n\n(1)\n\nc\n\n[charles1222](https:\/\/seekingalpha.com\/user\/21407191)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1201#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (1.08K)](https:\/\/seekingalpha.com\/user\/21407191)\n\nDo you have a link for the Stock to Flow chart you reference?\n\nReply\n\nLike\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/020\/491\/391\/small_pic.png?t=e7792b8b6d)\n\n[kjseagle1](https:\/\/seekingalpha.com\/user\/20491391)\n\nDec 02, 2024\n\n[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (1.79K)](https:\/\/seekingalpha.com\/user\/20491391)\n\n<https:\/\/x.com\/100trillionUSD>\n\nReply\n\nLike\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/817\/165\/small_pic.png?t=2244b1eab6)\n\n[Long Tail Of Finance](https:\/\/seekingalpha.com\/author\/long-tail-of-finance)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_206#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (4.3K)](https:\/\/seekingalpha.com\/author\/long-tail-of-finance)\n\nThe peak this cycle is expected to range b\/t \\$180k and \\$250k. No need to overthink buying BTC, even at these levels.\n\nReply\n\nLike\n\n(8)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/191\/735\/small_pic.png?t=4cf43e9475)\n\n[MikeyFL](https:\/\/seekingalpha.com\/user\/191735)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (336)](https:\/\/seekingalpha.com\/user\/191735)\n\noh, the taxes. But I have a fair amount of FBTC in Roth IRA and 401k and BTC in a Roth as well.\n\nReply\n\nLike\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/915\/276\/small_pic.png?t=6f2aa47587)\n\n[ephud](https:\/\/seekingalpha.com\/user\/915276)\n\nNov 30, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (21.3K)](https:\/\/seekingalpha.com\/user\/915276)\n\n\"But I have a fair amount of FBTC in Roth IRA and 401k and BTC in a Roth as well.\"\n\nI do as well but I'm playing IBIT. The CC options premiums are extraordinary, tighter bid and ask and greater liquidity.\n\nReply\n\nLike\n\n(2)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/817\/165\/small_pic.png?t=2244b1eab6)\n\n[Long Tail Of Finance](https:\/\/seekingalpha.com\/author\/long-tail-of-finance)\n\nDec 01, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https:\/\/seekingalpha.com\/checkout\/mp_206#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group)\n\n[Comments (4.3K)](https:\/\/seekingalpha.com\/author\/long-tail-of-finance)\n\n...and only 12 basis points expense for IBIT. It's the clear winner.\n\nReply\n\nLike\n\n(1)\n\nM\n\n[Mr Nobodi](https:\/\/seekingalpha.com\/user\/51359545)\n\nNov 29, 2024\n\n[Comments (4.72K)](https:\/\/seekingalpha.com\/user\/51359545)\n\nEvery day is new opportunity to buy (more) Bitcoin. Smartest thing you can do with the dollars is trade them for Bitcoin. The writing is on the wall.\n\nReply\n\nLike\n\n(6)\n\n![](https:\/\/seekingalpha.com\/images\/users_profile\/000\/117\/119\/small_pic.png?t=2a6883aec9)\n\n[pendolino](https:\/\/seekingalpha.com\/user\/117119)\n\nNov 29, 2024\n\n[Premium](https:\/\/seekingalpha.com\/checkout\/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)\n\n[Comments (112)](https:\/\/seekingalpha.com\/user\/117119)\n\nVery basic this one\n\nReply\n\nLike\n\n(5)\n\nAdd A Comment\n\nDisagree with this article? [Submit your own](https:\/\/about.seekingalpha.com\/become-an-analyst).\n\nTo report a factual error in this article,\n\nclick here\n\n.\n\nYour feedback matters to us\\!","attrs_readable_markdown":"![Abstract Bitcoin Cryptocurrency concept](https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/1368998806\/image_1368998806.jpg?io=getty-c-w750)\n\nOlemedia\n## Investment Thesis\nI recommend buying Bitcoin ([BTC-USD](https:\/\/seekingalpha.com\/symbol\/BTC-USD \"Bitcoin USD\")). We recently saw the biggest drop in Bitcoin prices since Trump won the US election. Many traders are wondering if this is the top, since the \\$100,000 target was not reached.\n\nIn my view, this is a great entry point. The regulatory environment for cryptocurrencies is much more favorable with the current composition of the presidency, senate, and house, but there are two other facts that make me even more confident.\n\nBitcoin ETFs already exceed [\\$104 billion](https:\/\/cointelegraph.com\/news\/us-bitcoin-etfs-break-100-billion?utm_source=chatgpt.com) in assets and are expected to surpass gold soon, which seems to suggest an influx of institutional investors. However, these investors still have little exposure to bitcoin, what will happen if they buy more?\n\n## Biggest Drop Since Trump's Election\nAfter a strong momentum, Bitcoin was very close to hitting the \\$100,000 mark, however, what investors saw was a sharp decline in its prices to the \\$91,000 region. This was the biggest drop since Trump's election.\n\n[![Bitcoin Prices](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-1732726950286306_origin.png?io=w640)](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-1732726950286306_origin.png)\n\nBitcoin Prices (Seeking Alpha)\n\nMany traders are skeptical as the psychological barrier of \\$100,000 has not been reached, which could indicate a top. But I will show you solid arguments that show this is an excellent entry point.\n\n## Crypto-Friendly Politicians\nOne fact that really caught my attention was that the [cryptocurrency industry](https:\/\/www.cnbc.com\/2024\/11\/23\/how-tech-bros-bought-americas-most-pro-crypto-congress-ever.html) was responsible for almost half of the corporate contributions to the election, and apparently this brought many politicians who are followers of the industry.\n\nAround 300 pro-crypto lawmakers (including [Democrats](https:\/\/www.forbes.com\/sites\/lawrencewintermeyer\/2024\/08\/29\/its-a-crypto-election-but-institutional-investors-have-already-voted\/)) will occupy seats in the Senate and House, in addition to the president himself, who has already made public his [ambitions](https:\/\/www.abc.net.au\/listen\/programs\/radionational-drive\/1652\/104574538) to make America the world capital of cryptocurrencies. This corroborates a positive view of Bitcoin.\n\n## The Investment Flow Into Crypto ETFs Is Absurd\nGold is considered one of the world's great stores of value, and its ETFs are the largest in terms of revenue. However, Bitcoin ETFs are growing at such a fast pace that they are already approaching gold.\n\n![Bitcoin ETFs vs Gold ETFs](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-1732728718733482.png?io=w640)\n\nBitcoin ETFs vs Gold ETFs (Bitcoin Archive)\n\nThe table below also shows data that of the 575 ETFs launched this year, 14 of the top 30 were funds related to Ethereum or Bitcoin. It is noteworthy that the top four positions were related to Bitcoin ETFs.\n\n[![Flow](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-1732729198866833_origin.png?io=w640)](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-1732729198866833_origin.png)\n\nFlow (Decrypt)\n\nGiven the nature of a Bitcoin ETF, and the fact that individual investors can invest in Bitcoin directly through an exchange, this flow makes me think that much of the recent price increase is related to institutional investors, let's see.\n\n## Institutional Investors Buying Bitcoin?\nIt is interesting to note how the launch of ETFs has increased institutional investors' appetite for bitcoin. However, data indicates that the long positions of these market participants are still very small.\n\nA recent [survey](https:\/\/www.forbes.com\/sites\/lawrencewintermeyer\/2024\/08\/29\/its-a-crypto-election-but-institutional-investors-have-already-voted\/) of asset managers who together manage \\$1.7 trillion in assets worldwide answered some very pertinent questions. 80% of them said they feel more confident and that they will increase their positions in digital assets in the coming year.\n\nAnother [survey](https:\/\/www.ey.com\/en_us\/insights\/financial-services\/how-institutions-are-investing-in-digital-assets), conducted with 250 investment institutions, indicates an even more interesting fact. Only 35% of respondents note that they allocate between 1% and 5% of their assets to digital assets.\n\nFinally, a survey by [OKX](https:\/\/br.cointelegraph.com\/news\/okx-survey-reveals-growing-interest-from-institutional-investors-in-bitcoin?utm_source=chatgpt.com) revealed that 69% of institutional investors plan to increase their position in cryptocurrencies and that, by 2027, digital assets would represent 7.2% of the portfolio on average.\n\nI wonder, what happens if institutional investors buy these assets en masse? Possibly, the \\$100,000 target for Bitcoin is too conservative, which corroborates my buy recommendation.\n\n## How Far Can Bitcoin Go?\nI recently published an [article](https:\/\/seekingalpha.com\/article\/4732614-ezbc-etf-confluence-may-be-forming-around-bitcoin) about the Franklin Bitcoin ETF ([EZBC](https:\/\/seekingalpha.com\/symbol\/EZBC \"Franklin Bitcoin ETF\")), in which I seek to provide a pricing of Bitcoin based on seasonality, and at the end of November, seasonality proved to be very useful.\n\n[![Bitcoin Price Seasonality](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/28\/59387725-17328100950601027_origin.png?io=w640)](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/28\/59387725-17328100950601027_origin.png)\n\nBitcoin Price Seasonality (Topdown Charts)\n\nNow, considering that prices tend to slow down in the first quarter, it is not difficult to imagine that Bitcoin could reach a region between \\$110,000 and \\$115,000 by the end of the first quarter of 2025.\n\n## Potential Threats To The Bullish Thesis\nIt is interesting to note that not only are Bitcoin prices at an all-time high, but also their percentage, compared to the global equity market. Let's see below.\n\n[![Bitcoin's market cap as a % of the world stock market](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-17327329962236614_origin.png?io=w640)](https:\/\/static.seekingalpha.com\/uploads\/2024\/11\/27\/59387725-17327329962236614_origin.png)\n\nBitcoin's market cap as a % of the world stock market (Bespoke)\n\nAs we can see in the chart, the price variations are very strong, and we are in a price zone where the margin of safety has decreased a lot. For a conservative investor, investing in cryptocurrencies is not recommended.\n\nAnother risk is that, as in this article, Bitcoin is often compared to gold. However, it is important to note that Bitcoin lacks [intrinsic value](https:\/\/www.brookings.edu\/articles\/the-brutal-truth-about-bitcoin\/?utm_source=chatgpt.com), and its scarcity has been questioned by some experts. The thesis is complex, and investors should exercise caution when investing.\n\n## The Bottom Line\nSomething that has not been seen for some time has happened: after Trump's election, Bitcoin finally experienced a significant drop. What is a cause for concern for some may be seen as an opportunity for others.\n\nThis is because the current political environment for cryptocurrencies is much more favorable than it was 4 years ago. Additionally, the inflow into Bitcoins apparently driven by institutional investors may be just beginning.\n\nBased on this analysis, I recommend buying Bitcoin. In my view, investors should view the recent drop as an opportunity given the improved regulatory environment and more positive outlook.\n\n3\\.03K Followers\n\n**Analyst’s Disclosure:** I\/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.\n\n**Seeking Alpha's Disclosure:** Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.","meta_canonical":null}

3. Robots.txt Check

Query:

Response:

4. Spam/Ban Check

Query:

Response:

5. Seen Status Check

ℹ️ Skipped - page is already crawled

📄

INDEXABLE

✅

CRAWLED

2 hours ago

🤖

ROBOTS ALLOWED

Page Info Filters

Filter	Status	Condition	Details
HTTP status	PASS	`download_http_code = 200`	HTTP 200
Age cutoff	PASS	`download_stamp > now() - 6 MONTH`	0 months ago
History drop	PASS	`isNull(history_drop_reason)`	No drop reason
Spam/ban	PASS	`fh_dont_index != 1 AND ml_spam_score = 0`	ml_spam_score=0
Canonical	PASS	`meta_canonical IS NULL OR = '' OR = src_unparsed`	Not set

Page Details

Property	Value
URL	https://seekingalpha.com/article/4741087-new-opportunity-to-buy-bitcoin
Last Crawled	2026-04-12 18:32:52 (2 hours ago)
First Indexed	2024-11-29 10:55:08 (1 year ago)
HTTP Status Code	200
Meta Title	New Opportunity To Buy Bitcoin (BTC-USD) \| Seeking Alpha
Meta Description	Bitcoin's recent price drop and favorable regulatory environment present a great entry point for investors. Click for more on BTC-USD.
Meta Canonical	null
Boilerpipe Text	Olemedia Investment Thesis I recommend buying Bitcoin ( BTC-USD ). We recently saw the biggest drop in Bitcoin prices since Trump won the US election. Many traders are wondering if this is the top, since the $100,000 target was not reached. In my view, this is a great entry point. The regulatory environment for cryptocurrencies is much more favorable with the current composition of the presidency, senate, and house, but there are two other facts that make me even more confident. Bitcoin ETFs already exceed $104 billion in assets and are expected to surpass gold soon, which seems to suggest an influx of institutional investors. However, these investors still have little exposure to bitcoin, what will happen if they buy more? Biggest Drop Since Trump's Election After a strong momentum, Bitcoin was very close to hitting the $100,000 mark, however, what investors saw was a sharp decline in its prices to the $91,000 region. This was the biggest drop since Trump's election. Bitcoin Prices (Seeking Alpha) Many traders are skeptical as the psychological barrier of $100,000 has not been reached, which could indicate a top. But I will show you solid arguments that show this is an excellent entry point. Crypto-Friendly Politicians One fact that really caught my attention was that the cryptocurrency industry was responsible for almost half of the corporate contributions to the election, and apparently this brought many politicians who are followers of the industry. Around 300 pro-crypto lawmakers (including Democrats ) will occupy seats in the Senate and House, in addition to the president himself, who has already made public his ambitions to make America the world capital of cryptocurrencies. This corroborates a positive view of Bitcoin. The Investment Flow Into Crypto ETFs Is Absurd Gold is considered one of the world's great stores of value, and its ETFs are the largest in terms of revenue. However, Bitcoin ETFs are growing at such a fast pace that they are already approaching gold. Bitcoin ETFs vs Gold ETFs (Bitcoin Archive) The table below also shows data that of the 575 ETFs launched this year, 14 of the top 30 were funds related to Ethereum or Bitcoin. It is noteworthy that the top four positions were related to Bitcoin ETFs. Flow (Decrypt) Given the nature of a Bitcoin ETF, and the fact that individual investors can invest in Bitcoin directly through an exchange, this flow makes me think that much of the recent price increase is related to institutional investors, let's see. Institutional Investors Buying Bitcoin? It is interesting to note how the launch of ETFs has increased institutional investors' appetite for bitcoin. However, data indicates that the long positions of these market participants are still very small. A recent survey of asset managers who together manage $1.7 trillion in assets worldwide answered some very pertinent questions. 80% of them said they feel more confident and that they will increase their positions in digital assets in the coming year. Another survey , conducted with 250 investment institutions, indicates an even more interesting fact. Only 35% of respondents note that they allocate between 1% and 5% of their assets to digital assets. Finally, a survey by OKX revealed that 69% of institutional investors plan to increase their position in cryptocurrencies and that, by 2027, digital assets would represent 7.2% of the portfolio on average. I wonder, what happens if institutional investors buy these assets en masse? Possibly, the $100,000 target for Bitcoin is too conservative, which corroborates my buy recommendation. How Far Can Bitcoin Go? I recently published an article about the Franklin Bitcoin ETF ( EZBC ), in which I seek to provide a pricing of Bitcoin based on seasonality, and at the end of November, seasonality proved to be very useful. Bitcoin Price Seasonality (Topdown Charts) Now, considering that prices tend to slow down in the first quarter, it is not difficult to imagine that Bitcoin could reach a region between $110,000 and $115,000 by the end of the first quarter of 2025. Potential Threats To The Bullish Thesis It is interesting to note that not only are Bitcoin prices at an all-time high, but also their percentage, compared to the global equity market. Let's see below. Bitcoin's market cap as a % of the world stock market (Bespoke) As we can see in the chart, the price variations are very strong, and we are in a price zone where the margin of safety has decreased a lot. For a conservative investor, investing in cryptocurrencies is not recommended. Another risk is that, as in this article, Bitcoin is often compared to gold. However, it is important to note that Bitcoin lacks intrinsic value , and its scarcity has been questioned by some experts. The thesis is complex, and investors should exercise caution when investing. The Bottom Line Something that has not been seen for some time has happened: after Trump's election, Bitcoin finally experienced a significant drop. What is a cause for concern for some may be seen as an opportunity for others. This is because the current political environment for cryptocurrencies is much more favorable than it was 4 years ago. Additionally, the inflow into Bitcoins apparently driven by institutional investors may be just beginning. Based on this analysis, I recommend buying Bitcoin. In my view, investors should view the recent drop as an opportunity given the improved regulatory environment and more positive outlook. 3.03K Followers Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Markdown	[Skip to content](https://seekingalpha.com/article/4741087-new-opportunity-to-buy-bitcoin#content) [Home page Seeking Alpha - Power to Investors](https://seekingalpha.com/#source=source%3Asite_navigation) - Create Free Account - [About Premium](https://seekingalpha.com/subscriptions/premium#source=why_premium%3Aexpanded%3Anavbar_left) - [Explore Alpha Picks](https://seekingalpha.com/#source=explore_alpha_picks%3Aexpanded%3Anavbar_left) - [NEW Summary report](https://seekingalpha.com/subscriptions/premium-virtual-analyst-report#source=virtual_analyst_report%3Aexpanded%3Anavbar_left) - [FREE Newsletters](https://seekingalpha.com/free-investing-newsletters#source=free_newsletters%3Aexpanded%3Anavbar_left) - [Home](https://seekingalpha.com/#source=home%3Aexpanded%3Anavbar_left) - [Stock Analysis](https://seekingalpha.com/latest-articles#source=analysis%3Aexpanded%3Anavbar_left) - [Stock Ideas](https://seekingalpha.com/stock-ideas#source=stock_ideas%3Aexpanded%3Anavbar_left) - [Market Outlook](https://seekingalpha.com/market-outlook#source=market_outlook%3Aexpanded%3Anavbar_left) - [Investing Strategy](https://seekingalpha.com/investing-strategy#source=investing_strategy%3Aexpanded%3Anavbar_left) - [Long Ideas](https://seekingalpha.com/stock-ideas/long-ideas#source=long_ideas%3Aexpanded%3Anavbar_left) - [IPO Analysis](https://seekingalpha.com/stock-ideas/ipos#source=ipo_analysis%3Aexpanded%3Anavbar_left) - [Editor's Picks](https://seekingalpha.com/editors-picks#source=editor's_picks%3Aexpanded%3Anavbar_left) - [Cryptocurrency](https://seekingalpha.com/market-outlook/cryptocurrency#source=cryptocurrency%3Aexpanded%3Anavbar_left) - [Market News](https://seekingalpha.com/market-news#source=news%3Aexpanded%3Anavbar_left) - [Top Market News](https://seekingalpha.com/market-news/trending#source=top_market_news%3Aexpanded%3Anavbar_left) - [Notable Calls](https://seekingalpha.com/market-news/notable-calls#source=notable_calls%3Aexpanded%3Anavbar_left) - [On The Move](https://seekingalpha.com/market-news/on-the-move#source=on-the-move%3Aexpanded%3Anavbar_left) - [Energy Stock News](https://seekingalpha.com/market-news/energy#source=energy_stock_news%3Aexpanded%3Anavbar_left) - [Tech Stock News](https://seekingalpha.com/market-news/technology#source=tech_stock_news%3Aexpanded%3Anavbar_left) - [IPO News](https://seekingalpha.com/market-news/ipos#source=ipo_news%3Aexpanded%3Anavbar_left) - [Artificial Intelligence (AI) News](https://seekingalpha.com/market-news/ai-tech-stocks#source=ai-tech-stocks%3Aexpanded%3Anavbar_left) - [Budget & DOGE News](https://seekingalpha.com/market-news/budget-regulation#source=budget-regulation%3Aexpanded%3Anavbar_left) - [Merger & Acquisition News](https://seekingalpha.com/market-news/m-a#source=merger_acquisition_news%3Aexpanded%3Anavbar_left) - [Market Data](https://seekingalpha.com/etfs-and-funds/etf-tables/key_markets#source=market_performance%3Aexpanded%3Anavbar_left) - [Key Market Data](https://seekingalpha.com/etfs-and-funds/etf-tables/key_markets#source=key_markets%3Aexpanded%3Anavbar_left) - [Earnings Calendar](https://seekingalpha.com/earnings/earnings-calendar#source=earnings_calendar%3Aexpanded%3Anavbar_left) - [Currencies](https://seekingalpha.com/etfs-and-funds/etf-tables/currencies#source=currencies%3Aexpanded%3Anavbar_left) - [Cryptocurrency Prices](https://seekingalpha.com/etfs-and-funds/etf-tables/cryptocurrency#source=cryptocurrency_prices%3Aexpanded%3Anavbar_left) - [Sectors](https://seekingalpha.com/sectors#source=sectors%3Aexpanded%3Anavbar_left) - [Technology](https://seekingalpha.com/sectors/technology#source=technology%3Aexpanded%3Anavbar_left) - [Financial](https://seekingalpha.com/sectors/financial#source=financial%3Aexpanded%3Anavbar_left) - [Consumer Discretionary](https://seekingalpha.com/sectors/consumer-discretionary#source=consumer_discretionary%3Aexpanded%3Anavbar_left) - [Communication](https://seekingalpha.com/sectors/communication-services#source=communication_services%3Aexpanded%3Anavbar_left) - [Healthcare](https://seekingalpha.com/sectors/healthcare#source=healthcare%3Aexpanded%3Anavbar_left) - [Industrials](https://seekingalpha.com/sectors/industrials#source=industrials%3Aexpanded%3Anavbar_left) - [Consumer Staples](https://seekingalpha.com/sectors/consumer-staples#source=consumer_staples%3Aexpanded%3Anavbar_left) - [Energy](https://seekingalpha.com/sectors/energy#source=energy%3Aexpanded%3Anavbar_left) - [Materials](https://seekingalpha.com/sectors/materials#source=materials%3Aexpanded%3Anavbar_left) - [Real Estate](https://seekingalpha.com/sectors/real-estate#source=real_estate%3Aexpanded%3Anavbar_left) - [Utilities](https://seekingalpha.com/sectors/utilities#source=utilities%3Aexpanded%3Anavbar_left) - [Dividends](https://seekingalpha.com/dividends#source=dividends%3Aexpanded%3Anavbar_left) - [Top Dividend Stocks](https://seekingalpha.com/screeners/9679329c-Top-Dividend-Stocks#source=top_dividend_stocks%3Aexpanded%3Anavbar_left) - [Top Quant Dividend Stocks](https://seekingalpha.com/screeners/9408317dce-Top-Quant-Dividend-Stocks#source=top_quant_dividend_stocks%3Aexpanded%3Anavbar_left) - [Dividend Ideas](https://seekingalpha.com/dividends/dividend-ideas#source=dividend_ideas%3Aexpanded%3Anavbar_left) - [Dividend Quick Picks](https://seekingalpha.com/dividends/dividend-quick-picks#source=dividend_quick_picks%3Aexpanded%3Anavbar_left) - [Dividend Strategy](https://seekingalpha.com/dividends/dividend-strategy#source=dividend_strategy%3Aexpanded%3Anavbar_left) - [Dividend News - Funds](https://seekingalpha.com/market-news/dividend-funds#source=dividend_news_funds%3Aexpanded%3Anavbar_left) - [Dividend News - Stocks](https://seekingalpha.com/market-news/dividend-stocks#source=dividend_news_stocks%3Aexpanded%3Anavbar_left) - [Dividends Data](https://seekingalpha.com/etfs-and-funds/etf-tables/dividends#source=etf_dividends%3Aexpanded%3Anavbar_left) - [ETFs](https://seekingalpha.com/etfs-and-funds#source=etfs%3Aexpanded%3Anavbar_left) - [Top Rated ETFs](https://seekingalpha.com/screeners/etfs/922b797269-Top-Rated-ETFs#source=top_rated_etfs%3Aexpanded%3Anavbar_left) - [ETF Strategies](https://seekingalpha.com/etfs-and-funds/etf-tables/strategies#source=etf_strategies%3Aexpanded%3Anavbar_left) - [REITs & Real Estate ETFs](https://seekingalpha.com/etfs-and-funds/etf-tables/real_estate#source=reits_real_estate_etfs%3Aexpanded%3Anavbar_left) - [Commodity ETFs](https://seekingalpha.com/etfs-and-funds/etf-tables/commodities#source=commodity_etfs%3Aexpanded%3Anavbar_left) - [Emerging Markets ETFs](https://seekingalpha.com/etfs-and-funds/etf-tables/emerging_markets#source=emerging_markets_etfs%3Aexpanded%3Anavbar_left) - [Growth vs. Value ETFs](https://seekingalpha.com/etfs-and-funds/etf-tables/growth_vs_value#source=growth_vs_value_etfs%3Aexpanded%3Anavbar_left) - [Bonds](https://seekingalpha.com/etfs-and-funds/etf-tables/bonds#source=bonds%3Aexpanded%3Anavbar_left) - [Country ETFs](https://seekingalpha.com/etfs-and-funds/etf-tables/countries#source=countries_etfs%3Aexpanded%3Anavbar_left) - [Earnings](https://seekingalpha.com/market-news/earnings#source=earnings%3Aexpanded%3Anavbar_left) - [Earnings Calendar](https://seekingalpha.com/earnings/earnings-calendar#source=earnings_calendar%3Aexpanded%3Anavbar_left) - [Earnings Call Transcripts](https://seekingalpha.com/earnings/earnings-call-transcripts#source=earnings_call_transcripts%3Aexpanded%3Anavbar_left) - [Earnings Call Insights](https://seekingalpha.com/market-news/earnings-calls-insights#source=earnings_call_insights%3Aexpanded%3Anavbar_left) - [Education](https://seekingalpha.com/investing-resources#source=education%3Aexpanded%3Anavbar_left) - [Podcasts](https://seekingalpha.com/podcasts#source=podcasts%3Aexpanded%3Anavbar_left) - [Videos](https://seekingalpha.com/videos#source=videos%3Aexpanded%3Anavbar_left) ## Investing Groups - [Explore Investing Groups](https://seekingalpha.com/marketplace/directory#source=investing_groups%3Aexpanded%3Anavbar_left) ## Portfolios - [Create Portfolio\+](https://seekingalpha.com/account/portfolio#source=create_first_portfolio%3Aexpanded%3Anavbar_left) - [Portfolio Health Check](https://seekingalpha.com/portfolio-health-check#source=portfolio_health_check%3Aexpanded%3Anavbar_left) - [About Portfolio](https://subscriptions.seekingalpha.com/portfolio_about/#source=about_portfolio%3Aexpanded%3Anavbar_left) ## Find & Compare - [Stock Screener](https://seekingalpha.com/screeners#source=stock_screener%3Aexpanded%3Anavbar_left) - [All Stocks](https://seekingalpha.com/screeners/967aaa441702-All-Stocks#source=all_stocks%3Aexpanded%3Anavbar_left) - [Top Rated Stocks](https://seekingalpha.com/screeners/96793299-Top-Rated-Stocks#source=top_rated_stocks%3Aexpanded%3Anavbar_left) - [Top Growth Stocks](https://seekingalpha.com/screeners/9679348d-Top-Growth-Stocks#source=top_growth_stocks%3Aexpanded%3Anavbar_left) - [Top Value Stocks](https://seekingalpha.com/screeners/96793482-Top-Value-Stocks#source=top_value_stocks%3Aexpanded%3Anavbar_left) - [Top Small Cap Stocks](https://seekingalpha.com/screeners/967930eb-Top-Small-Cap-Stocks#source=top_small_cap_stocks%3Aexpanded%3Anavbar_left) - [Stocks by Quant](https://seekingalpha.com/screeners/95b9990b-Stocks-by-Quant#source=stocks_by_quant%3Aexpanded%3Anavbar_left) - [Most Shorted Stocks](https://seekingalpha.com/screeners/940d08e1dd-Most-Shorted-Stocks#source=most_shorted_stocks%3Aexpanded%3Anavbar_left) - [Strong Buy Stocks - Short Squeeze](https://seekingalpha.com/screeners/940d0c9cca-Strong-Buy-Stocks-With-Short-Squeeze-Potential#source=strong_buy_stocks_short_squeeze%3Aexpanded%3Anavbar_left) - [Top REITs](https://seekingalpha.com/screeners/9ecfb4dfa7-Top-REITs#source=top_reits%3Aexpanded%3Anavbar_left) - [ETF Screener](https://seekingalpha.com/screeners/etfs#source=etf_screener%3Aexpanded%3Anavbar_left) - [All ETFs](https://seekingalpha.com/screeners/etfs/967aaa441700-All-ETFs#source=all_etfs%3Aexpanded%3Anavbar_left) - [Top Alternative ETFs](https://seekingalpha.com/screeners/etfs/922b7973d1-Top-Alternative-ETFs#source=top_alternative_etfs%3Aexpanded%3Anavbar_left) - [Top Commodities ETFs](https://seekingalpha.com/screeners/etfs/922b7973d0-Top-Commodities-ETFs#source=top_commodities_etfs%3Aexpanded%3Anavbar_left) - [Top International Equities ETFs](https://seekingalpha.com/screeners/etfs/922b7973d4-Top-International-Equity-ETFs#source=top_international_equities_etfs%3Aexpanded%3Anavbar_left) - [Top Sector Equity ETFs](https://seekingalpha.com/screeners/etfs/922b7973d5-Top-Sector-Equity-ETFs#source=top_sector_equity_etfs%3Aexpanded%3Anavbar_left) - [Top U.S. Equity ETFs](https://seekingalpha.com/screeners/etfs/922b797268-Top-U-S--Equity-ETFs#source=top_us_equity_etfs%3Aexpanded%3Anavbar_left) - [Most Shorted ETFs](https://seekingalpha.com/screeners/etfs/9ecdd541a8-Most-Shorted-ETFs#source=most_shorted_etfs%3Aexpanded%3Anavbar_left) - [Comparisons](https://seekingalpha.com/comparison#source=comparisons%3Aexpanded%3Anavbar_left) - [AI Stocks](https://seekingalpha.com/comparison/91b2fbba4e-Artificial-Intelligence-%28AI%29-Stocks#source=ai_stocks%3Aexpanded%3Anavbar_left) - [5G Stocks](https://seekingalpha.com/comparison/91b2fdf02e-5G-Stocks#source=5g_stocks%3Aexpanded%3Anavbar_left) - [Aerospace & Defense Stocks](https://seekingalpha.com/comparison/91b2fbba40-Aerospace-%26-Defense-Stocks#source=aerospace_defense_stocks%3Aexpanded%3Anavbar_left) - [Dividend Stocks](https://seekingalpha.com/comparison/91b2fbb823-Dividend-Stocks#source=dividend_stocks%3Aexpanded%3Anavbar_left) - [Value Stocks](https://seekingalpha.com/comparison/91b2fbb9fe-Value-Stocks#source=value_stocks%3Aexpanded%3Anavbar_left) - [Blue Chip Stocks](https://seekingalpha.com/comparison/91b2fbbb60-Blue-Chip-Stocks#source=blue_chip_stocks%3Aexpanded%3Anavbar_left) - [FAANG Stocks](https://seekingalpha.com/comparison/9e-FAANG-Stocks#source=faang_stocks%3Aexpanded%3Anavbar_left) - [Gold ETFs](https://seekingalpha.com/comparison/9679-Gold-ETFs#source=gold-etfs%3Aexpanded%3Anavbar_left) - [Cash Equivalents](https://seekingalpha.com/comparison/95bd-Cash-Equivalents#source=cash_equivalents%3Aexpanded%3Anavbar_left) - [Big Bank Stocks](https://seekingalpha.com/comparison/9678-Big-Bank-Stocks#source=big_bank_stocks%3Aexpanded%3Anavbar_left) - [Big Pharma Stocks](https://seekingalpha.com/comparison/967b-Big-Pharma-Stocks#source=big_pharma_stocks%3Aexpanded%3Anavbar_left) - [Retail Stocks](https://seekingalpha.com/comparison/967a-Retail-Stocks#source=retail_stocks%3Aexpanded%3Anavbar_left) ## Subscriptions - [Alpha Picks](https://seekingalpha.com/#source=alpha-picks%3Aexpanded%3Anavbar_left) - [Premium & Pro](https://seekingalpha.com/subscriptions#source=premium-pro%3Aexpanded%3Anavbar_left) Search field [Home page Seeking Alpha - Power to Investors](https://seekingalpha.com/#source=source%3Asite_navigation) Create free account [Search for Symbols, analysts, keywords](https://seekingalpha.com/basic-search "Search") Log in - [Home](https://seekingalpha.com/#source=home%3Atop_navbar_mw) - [News](https://seekingalpha.com/market-news#source=news%3Atop_navbar_mw) - [Analysis](https://seekingalpha.com/latest-articles#source=analysis%3Atop_navbar_mw) - [Portfolio](https://seekingalpha.com/account/portfolio#source=portfolio%3Atop_navbar_mw) - [Premium](https://seekingalpha.com/subscriptions/premium#source=premium%3Atop_navbar_mw) 1. [Home](https://seekingalpha.com/#source=first_level_url%3Aarticle%7Ccontent_type%3Aall%7Csection%3Apage_breadcrumbs) 2. [Market Outlook](https://seekingalpha.com/market-outlook#source=first_level_url%3Aarticle%7Ccontent_type%3Aall%7Csection%3Apage_breadcrumbs) 3. [Cryptocurrency](https://seekingalpha.com/market-outlook/cryptocurrency#source=first_level_url%3Aarticle%7Ccontent_type%3Aall%7Csection%3Apage_breadcrumbs) # New Opportunity To Buy Bitcoin Nov 29, 2024, 5:54 AM ET[Bitcoin USD (BTC-USD) Crypto](https://seekingalpha.com/symbol/BTC-USD#source=section%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Aarticle%7Csymbol%3ABTC-USD) ![](https://seekingalpha.com/images/users_profile/059/387/725/big_pic.png?io=w36) [Multiplo Invest](https://seekingalpha.com/author/multiplo-invest#source=url_first_level%3Aarticle%7Csection%3Aauthor_brief%3Amultiplo-invest%7Csection_asset%3Aauthor_brief%7Cauthor_name) 3\.03K Followers Follow - 5 Share - Save - Play(6min) - [Comments (84)](https://seekingalpha.com/article/4741087-new-opportunity-to-buy-bitcoin#scroll_comments) ## Summary - I recommend buying Bitcoin due to the favorable regulatory environment and the recent price drop, presenting a great entry point for investors. - Bitcoin ETFs are rapidly growing, suggesting increased institutional interest, which could drive prices higher if they increase their positions. - The current political landscape is pro-crypto, with many lawmakers supporting the industry, enhancing Bitcoin's long-term prospects. - Despite potential risks, the improved outlook and institutional inflows make Bitcoin a compelling investment opportunity at current levels. ![Abstract Bitcoin Cryptocurrency concept](https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1368998806/image_1368998806.jpg?io=getty-c-w750) Olemedia ## Investment Thesis I recommend buying Bitcoin ([BTC-USD](https://seekingalpha.com/symbol/BTC-USD "Bitcoin USD")). We recently saw the biggest drop in Bitcoin prices since Trump won the US election. Many traders are wondering if this is the top, since the \$100,000 target was not reached. In my view, this is a great entry point. The regulatory environment for cryptocurrencies is much more favorable with the current composition of the presidency, senate, and house, but there are two other facts that make me even more confident. Bitcoin ETFs already exceed [\$104 billion](https://cointelegraph.com/news/us-bitcoin-etfs-break-100-billion?utm_source=chatgpt.com) in assets and are expected to surpass gold soon, which seems to suggest an influx of institutional investors. However, these investors still have little exposure to bitcoin, what will happen if they buy more? ## Biggest Drop Since Trump's Election After a strong momentum, Bitcoin was very close to hitting the \$100,000 mark, however, what investors saw was a sharp decline in its prices to the \$91,000 region. This was the biggest drop since Trump's election. [![Bitcoin Prices](https://static.seekingalpha.com/uploads/2024/11/27/59387725-1732726950286306_origin.png?io=w640)](https://static.seekingalpha.com/uploads/2024/11/27/59387725-1732726950286306_origin.png) Bitcoin Prices (Seeking Alpha) Many traders are skeptical as the psychological barrier of \$100,000 has not been reached, which could indicate a top. But I will show you solid arguments that show this is an excellent entry point. ## Crypto-Friendly Politicians One fact that really caught my attention was that the [cryptocurrency industry](https://www.cnbc.com/2024/11/23/how-tech-bros-bought-americas-most-pro-crypto-congress-ever.html) was responsible for almost half of the corporate contributions to the election, and apparently this brought many politicians who are followers of the industry. Around 300 pro-crypto lawmakers (including [Democrats](https://www.forbes.com/sites/lawrencewintermeyer/2024/08/29/its-a-crypto-election-but-institutional-investors-have-already-voted/)) will occupy seats in the Senate and House, in addition to the president himself, who has already made public his [ambitions](https://www.abc.net.au/listen/programs/radionational-drive/1652/104574538) to make America the world capital of cryptocurrencies. This corroborates a positive view of Bitcoin. ## The Investment Flow Into Crypto ETFs Is Absurd Gold is considered one of the world's great stores of value, and its ETFs are the largest in terms of revenue. However, Bitcoin ETFs are growing at such a fast pace that they are already approaching gold. ![Bitcoin ETFs vs Gold ETFs](https://static.seekingalpha.com/uploads/2024/11/27/59387725-1732728718733482.png?io=w640) Bitcoin ETFs vs Gold ETFs (Bitcoin Archive) The table below also shows data that of the 575 ETFs launched this year, 14 of the top 30 were funds related to Ethereum or Bitcoin. It is noteworthy that the top four positions were related to Bitcoin ETFs. [![Flow](https://static.seekingalpha.com/uploads/2024/11/27/59387725-1732729198866833_origin.png?io=w640)](https://static.seekingalpha.com/uploads/2024/11/27/59387725-1732729198866833_origin.png) Flow (Decrypt) Given the nature of a Bitcoin ETF, and the fact that individual investors can invest in Bitcoin directly through an exchange, this flow makes me think that much of the recent price increase is related to institutional investors, let's see. ## Institutional Investors Buying Bitcoin? It is interesting to note how the launch of ETFs has increased institutional investors' appetite for bitcoin. However, data indicates that the long positions of these market participants are still very small. A recent [survey](https://www.forbes.com/sites/lawrencewintermeyer/2024/08/29/its-a-crypto-election-but-institutional-investors-have-already-voted/) of asset managers who together manage \$1.7 trillion in assets worldwide answered some very pertinent questions. 80% of them said they feel more confident and that they will increase their positions in digital assets in the coming year. Another [survey](https://www.ey.com/en_us/insights/financial-services/how-institutions-are-investing-in-digital-assets), conducted with 250 investment institutions, indicates an even more interesting fact. Only 35% of respondents note that they allocate between 1% and 5% of their assets to digital assets. Finally, a survey by [OKX](https://br.cointelegraph.com/news/okx-survey-reveals-growing-interest-from-institutional-investors-in-bitcoin?utm_source=chatgpt.com) revealed that 69% of institutional investors plan to increase their position in cryptocurrencies and that, by 2027, digital assets would represent 7.2% of the portfolio on average. I wonder, what happens if institutional investors buy these assets en masse? Possibly, the \$100,000 target for Bitcoin is too conservative, which corroborates my buy recommendation. ## How Far Can Bitcoin Go? I recently published an [article](https://seekingalpha.com/article/4732614-ezbc-etf-confluence-may-be-forming-around-bitcoin) about the Franklin Bitcoin ETF ([EZBC](https://seekingalpha.com/symbol/EZBC "Franklin Bitcoin ETF")), in which I seek to provide a pricing of Bitcoin based on seasonality, and at the end of November, seasonality proved to be very useful. [![Bitcoin Price Seasonality](https://static.seekingalpha.com/uploads/2024/11/28/59387725-17328100950601027_origin.png?io=w640)](https://static.seekingalpha.com/uploads/2024/11/28/59387725-17328100950601027_origin.png) Bitcoin Price Seasonality (Topdown Charts) Now, considering that prices tend to slow down in the first quarter, it is not difficult to imagine that Bitcoin could reach a region between \$110,000 and \$115,000 by the end of the first quarter of 2025. ## Potential Threats To The Bullish Thesis It is interesting to note that not only are Bitcoin prices at an all-time high, but also their percentage, compared to the global equity market. Let's see below. [![Bitcoin's market cap as a % of the world stock market](https://static.seekingalpha.com/uploads/2024/11/27/59387725-17327329962236614_origin.png?io=w640)](https://static.seekingalpha.com/uploads/2024/11/27/59387725-17327329962236614_origin.png) Bitcoin's market cap as a % of the world stock market (Bespoke) As we can see in the chart, the price variations are very strong, and we are in a price zone where the margin of safety has decreased a lot. For a conservative investor, investing in cryptocurrencies is not recommended. Another risk is that, as in this article, Bitcoin is often compared to gold. However, it is important to note that Bitcoin lacks [intrinsic value](https://www.brookings.edu/articles/the-brutal-truth-about-bitcoin/?utm_source=chatgpt.com), and its scarcity has been questioned by some experts. The thesis is complex, and investors should exercise caution when investing. ## The Bottom Line Something that has not been seen for some time has happened: after Trump's election, Bitcoin finally experienced a significant drop. What is a cause for concern for some may be seen as an opportunity for others. This is because the current political environment for cryptocurrencies is much more favorable than it was 4 years ago. Additionally, the inflow into Bitcoins apparently driven by institutional investors may be just beginning. Based on this analysis, I recommend buying Bitcoin. In my view, investors should view the recent drop as an opportunity given the improved regulatory environment and more positive outlook. This article was written by ![](https://seekingalpha.com/images/users_profile/059/387/725/big_pic.png?io=w36) [Multiplo Invest](https://seekingalpha.com/author/multiplo-invest#source=url_first_level%3Aarticle%7Csection%3Aauthor_root%3Amultiplo-invest%7Csection_asset%3Aauthor_root%7Cauthor_name) 3\.03K Followers Follow More than 7 years of experience in equity analysis in LatAm. We provide our clients with in-depth research and insights to help them make informed investment decisions. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. - Like - [Comments (84)](https://seekingalpha.com/article/4741087-new-opportunity-to-buy-bitcoin#scroll_comments) To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please [report it on our feedback forum.](https://help.seekingalpha.com/kb-tickets/new) If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ![](https://seekingalpha.com/_sa_track/samw/noscript?noscript[disabled]=true) Search field Entering text into the input field will update the search result below Entering text into the input field will update the search result below ### Recommended For You ### Comments (84) Newest If you type a company or ETF ticker symbol in capital letters we will automatically link to the symbol page. You can remove the link by deleting the \$ in the comment. Publish R [Rhoda711](https://seekingalpha.com/user/56247778) Dec 02, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1369#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (33.46K)](https://seekingalpha.com/user/56247778) Interesting. Is buying bitcoin possible through a traditional broker? If not, that would seem related to drop. JMHO Reply Like (1) J [JCCIII](https://seekingalpha.com/user/205688) Dec 02, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1319#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (11.89K)](https://seekingalpha.com/user/205688) Yes, at Interactive Brokers and Fidelity, perhaps others that I am not aware of. I read that Schwab intends to expand into that capability next year. Reply Like ![](https://seekingalpha.com/images/users_profile/050/372/013/small_pic.png?t=d92574325f) [Sundance Utah](https://seekingalpha.com/user/50372013) Dec 02, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (3.31K)](https://seekingalpha.com/user/50372013) Fidelity Investments has a "Fidelity Crypto®" account for buying and selling both btc and etherium. It should be noted that Fidelity is the custodian and the btc or etherium cannot be moved from the Fidelity Brokerage account. Reply Like T [Tattoo123](https://seekingalpha.com/user/2412121) Dec 02, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (586)](https://seekingalpha.com/user/2412121) What about IB? Reply Like ![](https://seekingalpha.com/images/users_profile/000/797/899/small_pic.png?t=bce420961e) [TomatoHead](https://seekingalpha.com/user/797899) Dec 01, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1319#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (2.87K)](https://seekingalpha.com/user/797899) XRP just kicked the nuts off all you silly worshippers. Do they still have LOL NFTs? Been a boring 3 years, until it ain't. Reply Like J [Johnsopinion](https://seekingalpha.com/user/48111499) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (26)](https://seekingalpha.com/user/48111499) Bitcoin has a fixed supply. If people ever quit buying tulips the supply won’t matter. Assets producing cash flows are the only assets I know how to value. Assets that are in a supply demand imbalance are priced by the greater fool until nobody wants them. That’s not to say people on the left side of the chart didn’t see a huge run up in value. Don’t be caught on the downhill slope. Reply Like (3) ![](https://seekingalpha.com/images/users_profile/023/276/023/small_pic.png?t=8d46b29e3c) [HamishMacEwan](https://seekingalpha.com/user/23276023) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (1.09K)](https://seekingalpha.com/user/23276023) admits "Assets producing cash flows are the only assets I know how to value." It's good to acknowledge ones limitations. Reply Like (9) S [SWinCA](https://seekingalpha.com/user/48610910) Dec 01, 2024 [Comments (9.84K)](https://seekingalpha.com/user/48610910) Like gold? Reply Like (4) ![](https://seekingalpha.com/images/users_profile/000/638/463/small_pic.png?t=2f3489645a) [grendelbane](https://seekingalpha.com/user/638463) Dec 01, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1268#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (9.2K)](https://seekingalpha.com/user/638463) You only know how to value assets producing cash flows? If that is so, how do you know you are being paid adequately for your labor? How do you know if you are paying too much or getting a bargain when you purchase goods and services with fiat currency? After all, Dollars don’t produce cash flows. Reply Like ![](https://seekingalpha.com/images/users_profile/000/996/210/small_pic.png?t=4372cc4038) [Paul T. Lambert](https://seekingalpha.com/user/996210) Nov 30, 2024 [Investing Group](https://seekingalpha.com/checkout/mp_1365#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (1.46K)](https://seekingalpha.com/user/996210) If you own just one bitcoin, that leaves only 20,999,999 bitcoins to spread among the entire Earth population. This is 8.1 billion and counting. You can do the math on how far ahead you are -- but then note that perhaps 20-30% of the remaining BTC (and counting) are forever inaccessible, whether due to forgotten wallet passwords, people passing away, etc. Now, let's talk scarcity and deflation as means of appreciation. Reply Like (8) ![](https://seekingalpha.com/images/users_profile/000/191/735/small_pic.png?t=4cf43e9475) [MikeyFL](https://seekingalpha.com/user/191735) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (336)](https://seekingalpha.com/user/191735) Exactly why I bought a few days ago. Reply Like (4) A [Always Bullish](https://seekingalpha.com/user/2427371) Nov 30, 2024 [Comments (4.51K)](https://seekingalpha.com/user/2427371) All I have to say about bitcoin is to state the obvious. It’s a pet rock says legendary banker Jamie Dimon. It’s a weapon of mass destruction says Warren Buffett. It’s Crypto Crappo says the late Charlie Munger Reply Like S [Steelkilt81](https://seekingalpha.com/user/12425521) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_966#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (776)](https://seekingalpha.com/user/12425521) Now do fiat currency Reply Like (12) ![](https://seekingalpha.com/images/users_profile/000/191/735/small_pic.png?t=4cf43e9475) [MikeyFL](https://seekingalpha.com/user/191735) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (336)](https://seekingalpha.com/user/191735) explain why Jamie's bank is now trading in Bitcoin. Reply Like (9) S [Sleepless in Seattle](https://seekingalpha.com/user/9666501) Dec 01, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (4.13K)](https://seekingalpha.com/user/9666501) Now that BTC is valued above silver, my impression is that retail investors like you and I don't matter much, if at all, to the bitcoin market. You're a skeptic, I'm long—but our opinions don't matter at all now. Reply Like See More Replies ![](https://seekingalpha.com/images/users_profile/000/395/261/small_pic.png?t=8e20cecbda) [TheFounder](https://seekingalpha.com/user/395261) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (1.31K)](https://seekingalpha.com/user/395261) Another article that completely misses the mark by ignoring the most critical aspect of Bitcoin: its adoption scenarios. These include its potential as a store of value, a global currency reserve, its role in DeFi transactions, and its place in investment portfolios. With Bitcoin’s supply fixed at 21 million coins, the real question is: how high can its market cap grow? \$10 trillion? \$20 trillion? \$50 trillion? And that’s before even factoring in inflation. This is perhaps the greatest example of asymmetric upside ever. Reply Like (14) ![](https://seekingalpha.com/images/users_profile/014/423/652/small_pic.png?t=00a0609d01) [Michu](https://seekingalpha.com/user/14423652) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (1.39K)](https://seekingalpha.com/user/14423652) Bitcoin has practically no applications in the real economy so far, e.g. for processing payments. At the moment, it's all about speculation and I don't think that will change. Especially because Bitcoin is limited in quantity and subject to extreme fluctuations. Reply Like (1) S [SWinCA](https://seekingalpha.com/user/48610910) Dec 01, 2024 [Comments (9.84K)](https://seekingalpha.com/user/48610910) Ask Brazil about its application in their real economy Reply Like (1) D [Discountfoods1](https://seekingalpha.com/user/52359567) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (461)](https://seekingalpha.com/user/52359567) No brainer buy.... buy Bitcoin and stocks and hold long term. PERIOD Not owning some Bitcoin is not smart imo Reply Like (4) ![](https://seekingalpha.com/images/users_profile/053/794/330/small_pic.png?t=9dde87689a) [JunoBeach2024](https://seekingalpha.com/user/53794330) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (14.89K)](https://seekingalpha.com/user/53794330) If Saylor keeps buying will MSTR continue to be the best holding? Until proven othewisre, for now MSTR looks quite good especially if prices continue to rise substantially Reply Like (6) ![](https://seekingalpha.com/images/users_profile/048/650/058/small_pic.png?t=9d85acad4a) [Samsara Growth](https://seekingalpha.com/user/48650058) Nov 30, 2024 [Investing Group](https://seekingalpha.com/checkout/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (5.13K)](https://seekingalpha.com/user/48650058) The inclusion of MSTR in the Nasdaq 100 will help a bit I suppose. Reply Like (1) ![](https://seekingalpha.com/images/users_profile/053/794/330/small_pic.png?t=9dde87689a) [JunoBeach2024](https://seekingalpha.com/user/53794330) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (14.89K)](https://seekingalpha.com/user/53794330) yes that is possible- not sure MSTR needs too much help- runup reminds me a bit of SMCI and then SMCI joined S & P- hopefully MSTR won't have the same ending as SMCI- if Bitcoin keeps rising which is likely in the long run MSTR should do well considering how much they own. Reply Like (2) ![](https://seekingalpha.com/images/users_profile/048/650/058/small_pic.png?t=9d85acad4a) [Samsara Growth](https://seekingalpha.com/user/48650058) Nov 30, 2024 [Investing Group](https://seekingalpha.com/checkout/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (5.13K)](https://seekingalpha.com/user/48650058) [x.com/...](https://x.com/BenWerkman/status/1862573072722927893 "https://x.com/BenWerkman/status/1862573072722927893") Reply Like See More Replies M [Mokajoka](https://seekingalpha.com/user/42704166) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (321)](https://seekingalpha.com/user/42704166) Bitcoin is nothing but digits on a computer screen. End of story. Complete blue sky . I prefer tulips myself - much prettier. And the tulip bulbs can be planted and then you have a beautiful garden in a great variety of rare colors. Yes We all have paper currency - paper dollar - itself equally worthless as colored paper even with green ink is cheap - you can print it yourself at home as many people have done - but the real deal us govt paper contains magic words “ this note is legal tender for all debts public and private “. Ahh.!, you can survive on the us paper dollar! Can’t survive on computer screen digits unfortunately. Try to buy food with bitcoin or valuable tulip bulbs and see what happens. Reply Like (2) ![](https://seekingalpha.com/images/users_profile/000/915/276/small_pic.png?t=6f2aa47587) [ephud](https://seekingalpha.com/user/915276) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (21.3K)](https://seekingalpha.com/user/915276) "Bitcoin is nothing but digits on a computer screen. End of story." You need to include a disclaimer with your posts. It should say: "I have no idea what I'm talking about". Reply Like (21) S [SWinCA](https://seekingalpha.com/user/48610910) Nov 30, 2024 [Comments (9.84K)](https://seekingalpha.com/user/48610910) You do know you can exchange bitcoin for dollars when you need groceries, right? Surely you don't read this website and hold all your money in dollars under the mattress or in a coffee can Reply Like (5) W [WillyDogg](https://seekingalpha.com/user/49272059) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (415)](https://seekingalpha.com/user/49272059) your entire stock portfolio is just digits on a computer screen…. can’t buy food with Nvidia stock either - but you can sure buy a lot of food when you sell your NVDA stock after it went up a bunch! Same with Bitcoin. Reply Like (14) See More Replies ![](https://seekingalpha.com/images/users_profile/057/421/425/small_pic.png?t=3034fae020) [Tyson23](https://seekingalpha.com/user/57421425) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/alpha-picks#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (286)](https://seekingalpha.com/user/57421425) Key Ponzi Scheme Characteristics in Cryptocurrency: 1\. Dependence on New Investors \- Cryptocurrencies often rely on continuous new investment to maintain or increase value \- Price appreciation depends more on speculation than underlying economic value \- Early investors profit primarily from later investors' purchases, similar to classic Ponzi dynamics 2\. Artificial Value Inflation \- Price is largely driven by hype, media attention, and social media influence \- Lack of intrinsic value or consistent revenue-generating mechanism \- Market manipulation through coordinated buying/selling and promotional campaigns \- Influencers and major holders can dramatically impact price 3\. Promised Returns Without Sustainable Economic Model \- Many cryptocurrencies promise high returns without clear value creation \- Minimal real-world utility for most coins \- Speculative gains rely on finding subsequent buyers at higher prices \- Limited connection to actual economic productivity 4\. Complex Technical Barriers \- Deliberately complicated technology creates information asymmetry \- Most investors don't understand underlying blockchain mechanics \- Complexity obscures the lack of fundamental economic value 5\. Unregulated Market Dynamics \- Limited government oversight \- Easy creation of new cryptocurrencies \- Minimal accountability for project founders \- High potential for fraud and market manipulation Critical Nuance: \- Not all cryptocurrencies are identical \- Some blockchain projects have legitimate technological innovations \- Regulatory environments are evolving This analysis represents a critical perspective on cryptocurrency's economic structure, highlighting why financial experts draw parallels to Ponzi schemes. Reply Like (4) ![](https://seekingalpha.com/images/users_profile/000/638/463/small_pic.png?t=2f3489645a) [grendelbane](https://seekingalpha.com/user/638463) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1268#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (9.2K)](https://seekingalpha.com/user/638463) Congratulations, that is quite the word salad. Do you realize that most of your points apply to all assets in the world? Reply Like (15) s [saratogasfinest](https://seekingalpha.com/user/29825505) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (1.81K)](https://seekingalpha.com/user/29825505) here’s the flaw in your theory. A ponzie scheme takes in money to pay off other people. If bitcoin had no value and dropped to a penny I would buy every bitcoin for \$210k. And I would not sell a single one or fraction of one for the equivalent of at least a million a coin. You fail to realize that bitcoin is a disruptor to the financial asset community. Your thesis is only true if everyone in the world shares your view. As long as 1 person in the world thinks Bitcoin has value, it will have value. Your thesis will never be true Reply Like (13) ![](https://seekingalpha.com/images/users_profile/023/276/023/small_pic.png?t=8d46b29e3c) [HamishMacEwan](https://seekingalpha.com/user/23276023) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (1.09K)](https://seekingalpha.com/user/23276023) leaves "Critical Nuance" for last Of which the most critical is, "Not all cryptocurrencies are identical" Reply Like (1) See More Replies M [Marystrata, 3rd. level CGA](https://seekingalpha.com/user/51026339) Nov 29, 2024 [Comments (373)](https://seekingalpha.com/user/51026339) Agree, not expected to peak until next fall, per history Reply Like (1) ![](https://seekingalpha.com/images/users_profile/000/915/276/small_pic.png?t=6f2aa47587) [ephud](https://seekingalpha.com/user/915276) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (21.3K)](https://seekingalpha.com/user/915276) I would disagree with your statement that Bitcoin has no intrinsic value. Try duplicating the network and see what it costs you. Reply Like (11) O [Original Six](https://seekingalpha.com/user/36703306) Nov 29, 2024 [Comments (87)](https://seekingalpha.com/user/36703306) Thank you. I agree that the change in administration will erase or subdue Bitcoin’s main risk (regulatory). If this administration establishes laws that allow Bitcoin to become mainstream as an asset or commodity, the upside is very large. Reply Like (4) ![](https://seekingalpha.com/images/users_profile/048/040/114/small_pic.png?t=c8a6aeb76b) [cjherr58](https://seekingalpha.com/user/48040114) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (888)](https://seekingalpha.com/user/48040114) How many bitcoins are still to be “mined”? Reply Like M [Mr Nobodi](https://seekingalpha.com/user/51359545) Nov 29, 2024 [Comments (4.72K)](https://seekingalpha.com/user/51359545) Not enough for many people to own one. Reply Like (3) ![](https://seekingalpha.com/images/users_profile/048/040/114/small_pic.png?t=c8a6aeb76b) [cjherr58](https://seekingalpha.com/user/48040114) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (888)](https://seekingalpha.com/user/48040114) Doesn’t answer the question Reply Like ![](https://seekingalpha.com/images/users_profile/000/638/463/small_pic.png?t=2f3489645a) [grendelbane](https://seekingalpha.com/user/638463) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1268#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (9.2K)](https://seekingalpha.com/user/638463) A little over 1,100,000 if you can trust SA’s numbers. Reply Like (2) See More Replies ![](https://seekingalpha.com/images/users_profile/000/237/658/small_pic.png?t=2237fe3bd8) [BeaBaggage](https://seekingalpha.com/user/237658) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (18.75K)](https://seekingalpha.com/user/237658) complete scam would never own bitcrap Reply Like (1) ![](https://seekingalpha.com/images/users_profile/023/276/023/small_pic.png?t=8d46b29e3c) [HamishMacEwan](https://seekingalpha.com/user/23276023) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (1.09K)](https://seekingalpha.com/user/23276023) blurts "complete scam would never own bitcrap" The greater fool theory in action. Reply Like (2) ![](https://seekingalpha.com/images/users_profile/050/372/013/small_pic.png?t=d92574325f) [Sundance Utah](https://seekingalpha.com/user/50372013) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (3.31K)](https://seekingalpha.com/user/50372013) Jamie Dimon will be pleased to hear this. Reply Like ![](https://seekingalpha.com/images/users_profile/000/638/463/small_pic.png?t=2f3489645a) [grendelbane](https://seekingalpha.com/user/638463) Dec 01, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1268#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (9.2K)](https://seekingalpha.com/user/638463) The number of people willing to hold Dollars shows that the greater fool theory is alive and well. Reply Like (2) ![](https://seekingalpha.com/images/users_profile/020/491/391/small_pic.png?t=e7792b8b6d) [kjseagle1](https://seekingalpha.com/user/20491391) Nov 29, 2024 [Investing Group](https://seekingalpha.com/checkout/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (1.79K)](https://seekingalpha.com/user/20491391) Try this — Following the Stock to Flow chart or S2F , we can see the prices of Bitcoin. It’s been 100% correct , so I’m following that. My opinion ; Clearly there is more upside. Reply Like (1) c [charles1222](https://seekingalpha.com/user/21407191) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_1201#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (1.08K)](https://seekingalpha.com/user/21407191) Do you have a link for the Stock to Flow chart you reference? Reply Like ![](https://seekingalpha.com/images/users_profile/020/491/391/small_pic.png?t=e7792b8b6d) [kjseagle1](https://seekingalpha.com/user/20491391) Dec 02, 2024 [Investing Group](https://seekingalpha.com/checkout/mp_1026#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (1.79K)](https://seekingalpha.com/user/20491391) <https://x.com/100trillionUSD> Reply Like ![](https://seekingalpha.com/images/users_profile/000/817/165/small_pic.png?t=2244b1eab6) [Long Tail Of Finance](https://seekingalpha.com/author/long-tail-of-finance) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_206#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (4.3K)](https://seekingalpha.com/author/long-tail-of-finance) The peak this cycle is expected to range b/t \$180k and \$250k. No need to overthink buying BTC, even at these levels. Reply Like (8) ![](https://seekingalpha.com/images/users_profile/000/191/735/small_pic.png?t=4cf43e9475) [MikeyFL](https://seekingalpha.com/user/191735) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (336)](https://seekingalpha.com/user/191735) oh, the taxes. But I have a fair amount of FBTC in Roth IRA and 401k and BTC in a Roth as well. Reply Like ![](https://seekingalpha.com/images/users_profile/000/915/276/small_pic.png?t=6f2aa47587) [ephud](https://seekingalpha.com/user/915276) Nov 30, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (21.3K)](https://seekingalpha.com/user/915276) "But I have a fair amount of FBTC in Roth IRA and 401k and BTC in a Roth as well." I do as well but I'm playing IBIT. The CC options premiums are extraordinary, tighter bid and ask and greater liquidity. Reply Like (2) ![](https://seekingalpha.com/images/users_profile/000/817/165/small_pic.png?t=2244b1eab6) [Long Tail Of Finance](https://seekingalpha.com/author/long-tail-of-finance) Dec 01, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium)[Investing Group](https://seekingalpha.com/checkout/mp_206#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3AInvesting%20Group) [Comments (4.3K)](https://seekingalpha.com/author/long-tail-of-finance) ...and only 12 basis points expense for IBIT. It's the clear winner. Reply Like (1) M [Mr Nobodi](https://seekingalpha.com/user/51359545) Nov 29, 2024 [Comments (4.72K)](https://seekingalpha.com/user/51359545) Every day is new opportunity to buy (more) Bitcoin. Smartest thing you can do with the dollars is trade them for Bitcoin. The writing is on the wall. Reply Like (6) ![](https://seekingalpha.com/images/users_profile/000/117/119/small_pic.png?t=2a6883aec9) [pendolino](https://seekingalpha.com/user/117119) Nov 29, 2024 [Premium](https://seekingalpha.com/checkout/proresearch#source=first_level_url%3Anews%7Csection%3Acomments%7Csection_asset%3Abadge%7Cbutton%3APremium) [Comments (112)](https://seekingalpha.com/user/117119) Very basic this one Reply Like (5) Add A Comment Disagree with this article? [Submit your own](https://about.seekingalpha.com/become-an-analyst). To report a factual error in this article, click here . Your feedback matters to us\!
Readable Markdown	![Abstract Bitcoin Cryptocurrency concept](https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1368998806/image_1368998806.jpg?io=getty-c-w750) Olemedia ## Investment Thesis I recommend buying Bitcoin ([BTC-USD](https://seekingalpha.com/symbol/BTC-USD "Bitcoin USD")). We recently saw the biggest drop in Bitcoin prices since Trump won the US election. Many traders are wondering if this is the top, since the \$100,000 target was not reached. In my view, this is a great entry point. The regulatory environment for cryptocurrencies is much more favorable with the current composition of the presidency, senate, and house, but there are two other facts that make me even more confident. Bitcoin ETFs already exceed [\$104 billion](https://cointelegraph.com/news/us-bitcoin-etfs-break-100-billion?utm_source=chatgpt.com) in assets and are expected to surpass gold soon, which seems to suggest an influx of institutional investors. However, these investors still have little exposure to bitcoin, what will happen if they buy more? ## Biggest Drop Since Trump's Election After a strong momentum, Bitcoin was very close to hitting the \$100,000 mark, however, what investors saw was a sharp decline in its prices to the \$91,000 region. This was the biggest drop since Trump's election. [![Bitcoin Prices](https://static.seekingalpha.com/uploads/2024/11/27/59387725-1732726950286306_origin.png?io=w640)](https://static.seekingalpha.com/uploads/2024/11/27/59387725-1732726950286306_origin.png) Bitcoin Prices (Seeking Alpha) Many traders are skeptical as the psychological barrier of \$100,000 has not been reached, which could indicate a top. But I will show you solid arguments that show this is an excellent entry point. ## Crypto-Friendly Politicians One fact that really caught my attention was that the [cryptocurrency industry](https://www.cnbc.com/2024/11/23/how-tech-bros-bought-americas-most-pro-crypto-congress-ever.html) was responsible for almost half of the corporate contributions to the election, and apparently this brought many politicians who are followers of the industry. Around 300 pro-crypto lawmakers (including [Democrats](https://www.forbes.com/sites/lawrencewintermeyer/2024/08/29/its-a-crypto-election-but-institutional-investors-have-already-voted/)) will occupy seats in the Senate and House, in addition to the president himself, who has already made public his [ambitions](https://www.abc.net.au/listen/programs/radionational-drive/1652/104574538) to make America the world capital of cryptocurrencies. This corroborates a positive view of Bitcoin. ## The Investment Flow Into Crypto ETFs Is Absurd Gold is considered one of the world's great stores of value, and its ETFs are the largest in terms of revenue. However, Bitcoin ETFs are growing at such a fast pace that they are already approaching gold. ![Bitcoin ETFs vs Gold ETFs](https://static.seekingalpha.com/uploads/2024/11/27/59387725-1732728718733482.png?io=w640) Bitcoin ETFs vs Gold ETFs (Bitcoin Archive) The table below also shows data that of the 575 ETFs launched this year, 14 of the top 30 were funds related to Ethereum or Bitcoin. It is noteworthy that the top four positions were related to Bitcoin ETFs. [![Flow](https://static.seekingalpha.com/uploads/2024/11/27/59387725-1732729198866833_origin.png?io=w640)](https://static.seekingalpha.com/uploads/2024/11/27/59387725-1732729198866833_origin.png) Flow (Decrypt) Given the nature of a Bitcoin ETF, and the fact that individual investors can invest in Bitcoin directly through an exchange, this flow makes me think that much of the recent price increase is related to institutional investors, let's see. ## Institutional Investors Buying Bitcoin? It is interesting to note how the launch of ETFs has increased institutional investors' appetite for bitcoin. However, data indicates that the long positions of these market participants are still very small. A recent [survey](https://www.forbes.com/sites/lawrencewintermeyer/2024/08/29/its-a-crypto-election-but-institutional-investors-have-already-voted/) of asset managers who together manage \$1.7 trillion in assets worldwide answered some very pertinent questions. 80% of them said they feel more confident and that they will increase their positions in digital assets in the coming year. Another [survey](https://www.ey.com/en_us/insights/financial-services/how-institutions-are-investing-in-digital-assets), conducted with 250 investment institutions, indicates an even more interesting fact. Only 35% of respondents note that they allocate between 1% and 5% of their assets to digital assets. Finally, a survey by [OKX](https://br.cointelegraph.com/news/okx-survey-reveals-growing-interest-from-institutional-investors-in-bitcoin?utm_source=chatgpt.com) revealed that 69% of institutional investors plan to increase their position in cryptocurrencies and that, by 2027, digital assets would represent 7.2% of the portfolio on average. I wonder, what happens if institutional investors buy these assets en masse? Possibly, the \$100,000 target for Bitcoin is too conservative, which corroborates my buy recommendation. ## How Far Can Bitcoin Go? I recently published an [article](https://seekingalpha.com/article/4732614-ezbc-etf-confluence-may-be-forming-around-bitcoin) about the Franklin Bitcoin ETF ([EZBC](https://seekingalpha.com/symbol/EZBC "Franklin Bitcoin ETF")), in which I seek to provide a pricing of Bitcoin based on seasonality, and at the end of November, seasonality proved to be very useful. [![Bitcoin Price Seasonality](https://static.seekingalpha.com/uploads/2024/11/28/59387725-17328100950601027_origin.png?io=w640)](https://static.seekingalpha.com/uploads/2024/11/28/59387725-17328100950601027_origin.png) Bitcoin Price Seasonality (Topdown Charts) Now, considering that prices tend to slow down in the first quarter, it is not difficult to imagine that Bitcoin could reach a region between \$110,000 and \$115,000 by the end of the first quarter of 2025. ## Potential Threats To The Bullish Thesis It is interesting to note that not only are Bitcoin prices at an all-time high, but also their percentage, compared to the global equity market. Let's see below. [![Bitcoin's market cap as a % of the world stock market](https://static.seekingalpha.com/uploads/2024/11/27/59387725-17327329962236614_origin.png?io=w640)](https://static.seekingalpha.com/uploads/2024/11/27/59387725-17327329962236614_origin.png) Bitcoin's market cap as a % of the world stock market (Bespoke) As we can see in the chart, the price variations are very strong, and we are in a price zone where the margin of safety has decreased a lot. For a conservative investor, investing in cryptocurrencies is not recommended. Another risk is that, as in this article, Bitcoin is often compared to gold. However, it is important to note that Bitcoin lacks [intrinsic value](https://www.brookings.edu/articles/the-brutal-truth-about-bitcoin/?utm_source=chatgpt.com), and its scarcity has been questioned by some experts. The thesis is complex, and investors should exercise caution when investing. ## The Bottom Line Something that has not been seen for some time has happened: after Trump's election, Bitcoin finally experienced a significant drop. What is a cause for concern for some may be seen as an opportunity for others. This is because the current political environment for cryptocurrencies is much more favorable than it was 4 years ago. Additionally, the inflow into Bitcoins apparently driven by institutional investors may be just beginning. Based on this analysis, I recommend buying Bitcoin. In my view, investors should view the recent drop as an opportunity given the improved regulatory environment and more positive outlook. 3\.03K Followers Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Shard	57 (laksa)
Root Hash	11478393694123815657
Unparsed URL	com,seekingalpha!/article/4741087-new-opportunity-to-buy-bitcoin s443