Is Bitcoin at the beginning of one of the biggest bull markets in its history?

Bitcoin is a unique asset that the world has never seen before that. It is so limited that a very small percentage of people actually realize how powerful this can be. It's normal as Bitcoin is a beast literary from another planet, its characters make it unique and exactly all of those characteristics make it hard to be understood by the majority of people. Let's be honest here the majority of people actually don't understand how supply/demand especially for Bitcoin even though it is the perfect example.

There are only 21 million Bitcoins that will see the light of day and there are over 40 million millionaires in the world. Therefore, if all of them want to own one full Bitcoin they will have to enter in a race who will buy it first, and in the end the only a fairly small percentage of those wealthy people will be able to acquire 1 Bitcoin.

A wave of institutional money

We are witnessing big names from the range of PayPal to the biggest hedge funds like BlackRock to banks like CitiBank talking about time very positively and some like PayPal adopting cryptocurrencies. Behind those comments, there is also action.

Bitcoin is following 4 year cycles as we are seeing from its performance to this day and we are entering the last year of the bull market which is the most aggressive one. If Bitcoin rhymes with history then we should expect for it to make at least 10x from this point and this is completely rationale. You have a demand growing at a very fast pace on the most limited asset in the world. The stock to flow model created by PlanB explains exactly what we are trying to say in this article. The next cycle top target is much higher than the majority of people expect. Don't be surprised if one Bitcoin is traded on exchanges for over 100 000$. The herd is coming and it's much bigger than we expected.