You see, this stage is the time of positive news, so the positive news has come out.
Previously, the global Islamic financial market of 38 trillion dollars could not touch BTC at all.
Now, a single country, Saudi Arabia, has unlocked 1 trillion dollars of Sharia assets; this country has a lot of oil.
In the past 6 weeks, 2.7 billion dollars flowed out of ETFs, all pouring into sovereign wealth funds buying 80k dollars of BTC over-the-counter.
Once the religious barriers are broken, the signal for BTC to take off is fully on.
The news is just in conjunction with the actions of the manipulators,
they are dropping, already replenishing their positions, releasing news, and then rising; small investors chase the rise and buy in, isn't it so?
Of course, previously,
after Sharia compliance, the Saudi sovereign fund went on a buying spree for gold ETFs, doubling its holdings after 2020, with a market value skyrocketing by hundreds of billions,
after the Dow Jones Sharia index was unlocked, global Muslim funds poured in, with a return rate exceeding the S&P by 20%, and asset management scale breaking a trillion.
These prove that a religious green light = a flood of funds.
This pool of Bitcoin always brings some surprises for new players entering the market; next time you read the news, take a deep breath and focus on the cash flow.
With a small position, let’s witness the Islamic BTC wave together; of course, Bitcoin is relatively low-priced now, regardless of how things go in the future.
But, I still have to remind you repeatedly, just in case, don’t go all in.

