How are you? By Allah's grace, I'm doing very well. So what I will discuss today is how much Bitcoin will pump in the future.

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Bitcoin pumped a huge amount just before the ETF was approved. After which everyone thought that after the approval of the ETF, maybe Bitcoin will pump in such a way that Bitcoin will make a new history. As a result, Bitcoin has seen high volatility, but Bitcoin has been going down slightly for the past few days. (At the time of my posting) Bitcoin is currently at forty one thousand USD. But it doesn't take long when the market starts to move upwards. But apart from the issue of ETF, one thing that has happened in the market is that all the Altcoins are down. If you go to the last seven days you will see that all Altcoins are down. But Bitcoin is not moving much from its place. Here is a very important thing that is very rare, because of which you do not understand what is actually happening here? The point is that Bitcoin's dominance is very important because it has a trend that Bitcoin's dominance goes up first, Bitcoin pumps a lot and goes up.

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Then suddenly we can see Altcoin pumping here, Bitcoin is in stable position here. So, in the last two months, we have seen a great boom in Altcoins. Bitcoin dominance fell well here in the last one month. But this is almost always the case. When Bitcoin dominance goes from 60% to 70% we will see Bitcoin stable here. And the Altcoin will then start to move. In the middle of it, there are always small pumps because people will buy some Altcoin here. So overall the whole thing is like this Bitcoin is pumping Ethereum will pump then NFT will pump. But not all of these drink together. When Bitcoin goes up, the whole market pumps up all coins by 1%, 2%, 5% or more. It's normal. For example here overall ETF's total market is 10 trillion dollars. This does not mean that trillions of dollars will flow directly into the market. But this means that Bitcoin has also joined the group. Along with that, Bitcoin will be a large amount of money flow from here. So an analysis by Bank of America shows that if you have $93 million in cash, you can move Bitcoin by 1 percent. If a $93 million Bitcoin sale, BTC will go down 1 percent. If you buy bitcoins for $93 million, one percent will go up. As such Galaxy digital has a prediction. They predict it will be like this but it could be more.

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For example, in Year 1, Bitcoin could enter $14.4 billion. But in my opinion it could cross $25 billion. I think it can be almost double of what they predicted. Because if you have been in the market during the last bullrun or the same panic works in the institutions, you may have seen how greedy the institutions are. So when Bitcoin starts pumping this amount can more than double. However, if we go by their prediction, $14.4 billion will come in one year. $26.5 billion in year two and $38.6 billion in year three will inflow into Bitcoin. Now if you calculate this inflow, only because of ETFs, the price of Bitcoin can pump 158% this year, which means that the price of Bitcoin will stand at $125,000 by the end of 2024. And in 2025, the price of Bitcoin can go up to 180000$. And in 2026 it may reach 250000$. So i think it can go up to one to two lakh dollars easily because the market is relatively small at this time. Hughes will start pumping the market here if a few million dollars start pouring in. As we see Bitcoin only going higher, I think it is safe to say that by June 2024, Bitcoin will pump 70000$ to 80000$. If you are new to Bitcoin then you need to have a good understanding of Bitcoin first. So that you can use these golden opportunities ahead. And keep this in mind that the crypto market is very volatile. Anything can happen here at any time, you have to act wisely.

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.