All data is pointing towards both retail and institutional demand for Bitcoin exploding.

This comes as BTC is about to see a 50% inflation cut and as monetary policy is more easy than ever — a perfect storm.

A quick thread

Retail:

- 81% of IG's Bitcoin traders are long.

- 70% of Coinbase users are buying BTC. It's been higher over the last week.

- @decryptmedia reports Kraken, OKEx, Bitfinex, Paxful, and Luno have seen user sign-ups increase dramatically, some by 300%.

Retail (cont.):

- "Buy Bitcoin" on Google Trends has seen a strong spike.

- Bitstamp has seen its Alexa ranking grow from #15,785 on the date of Black Thursday to #13,458 today.

- Anecdotally, I've recieved (more) phone calls and texts from f&f about Bitcoin.

Institutional:

- @RaoulGMI said in an interview that he doesn't know of a family office that doesn't have exposure to Bitcoin.

- Fidelity confirmed today that it is onboarding pensions, family offices, and macro funds.

- Coinbase Pro's Bitcoin order book is stacked long.

As aforementioned, the timing is perfect:

In ~5 weeks, the amount of Bitcoin issued each day will get cut in half.

Demand increasing + supply decreasing (kinda) traditionally equals higher prices.

It's a perfect storm.