How are you? By Allah's grace, I'm doing very well. Today, the topic I want to discuss is Bitcoin Trading Updates.

Today I will share some updates with you. Because Bitcoin is going to be halved in the next few time and this halving is going to be different from other halving. There are many reasons for this.

When the Bitcoin ETF came into the market, since then the Bitcoin market has gone down like 20 percent, now many people may be asking what was the reason for the market down? It was because buy the rumor sell the news. Means a lot of people buy here when there are rumors that the ETF will be approved, on such a date, etc. So those who are traders here or those who bought bitcoins here before exit. But the market pumped 100% here before ETFs came. You can see that the price was 40 thousand dollars at that time and then it hit an all-time high of about 73 thousand dollars. So the same thing will happen around halving. Because halving is an important fundamental event for Bitcoin. Currently 6.25 bitcoins are paid to miners per block. But it will become 3.125 bitcoins after halving. It means that those who have miners will reduce their reward by 50%. If you see here from the supply side the bitcoin market will come low. But if you look at the buying side, the amount of Bitcoin buying due to ETFs is much higher.

If I show you some status, I did some calculations here and it's like around 10 billion dollars. Every year selling pressure like this or currently before halving was around 3 lakh bitcoins per year but after halving it will decrease to 1 lakh 50 thousand bitcoins. This means extra 1 lakh 50 thousand bitcoins will not come into the market but here again there is extra buying pressure from institutions. So if you look at overall ETF buying, Blackrock alone bought 240k BTC in the last month. It was only buying pressure from Blackrock who bought tens of billions of dollars worth of Bitcoin.

In addition, Japan is preparing to invest in Bitcoin, the world's largest pension fund. Who has a fund of 1.4 trillion dollars and MicroStrategy is regularly buying bitcoins. They have bought $623 million worth of bitcoins so far. El Salvador recently bought $397 million worth of Bitcoin. So one thing here is buying a lot of bitcoins with clear buying side. But if you think from the selling side, there is only one big seller who always sells in the Bitcoin market. So they are none other than Bitcoin Miners. Because they have to pay the bills of electricity, employee and other things here but this selling pressure will also reduce or be halved. So you can understand that we are in a very interesting time.

Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.