I'm going to go over why this bull market right now that we are experiencing right now.Yes, this is a bull market.Why this is going to be different than the rest of the bull markets that we've had.I'm going to go over 2 quotes right now to prove it for you, All right.But I have much more to cover as well.So we have BlackRock CEO, you know, he said flight to quality, It's Bitcoin is a flight to quality because of the global chaos that's happening around.And guess who else?A billionaire hedge fund manager Paul Tudor.Jones What?He said.He said Bitcoin is the fastest horse in the race in an inflationary recession.Now that's unheard of, especially from BlackRock. I mean, who cares about Paul Tudor Jones?BlackRock, $10 trillion assets under management?He's talking about Bitcoin in the light of global chaos.That's impressive because it is a flight to safety and now he's saying this to the world.Why is he saying this to the world?Because he has his bags filled and obviously he's buying more and more, especially any type of dip we have.
He says he's getting the CME gap.Questions right, comments about the CMCME gap at $20,000.So people are expecting the price to go down to $20,000 to fill that gap.But, he says, I've said some months ago that we would likely leave that gap behind.Now, this isn't 100%, all right?That every time a CME gap isn't filled, it's going to be filled.That's not how things work, all right.He also says gaps are often left unfilled during parabolic advances, just like the three gaps we left behind during our last parabolic advance.
All right, now let's go over to the prices for the monthly candle.So we've just experienced a $10,000 monthly candle for Bitcoin That is very impressive.But here's how this Bitcoin bull market is going to be much different than the last one.So the last one pretty much was from $10,000 to 60 something $1000.
The monthly candles following our monthly major retest at $10,000 were larger than any of the preceding ones and continue to grow in size till our our peak.The first one monthly candle was $3600, the next one was almost a $7000 move right $7000 monthly candle.After that a $15,000 moved move and and the 2nd to last monthly candle prior to our peak $25,000 monthly candle.OK for the having people, he says People have been blinded by the having narrative so much that they refuse to view bitcoins growth progression through the lens of anything but a four year having driven cycle.
I have repeatedly stated that they having is a known event on a set schedule and that this information is priced in, especially because at this point 92% of all Bitcoin that will ever exist has already been mined.So it's really interesting.It's something to think about it.
I don't think people understand how bullish this is and how many Bitcoin .If you read my yesterday you'll understand how many Bitcoin BlackRock and the ETFs might actually need to buy if they haven't already bought a lot already. I think that the bull market is going to go a bit higher than most people think.