The Bitcoin Storm is Coming

By johnwege | johnwege | 17 Jul 2024


The Bitcoin storm is coming coming. Have you been able to feel it?

If you have been paying attention to the markets, maco, and Bitcoin; it’s hard not to be feeling extremely bullish. The world is about to change, and it appears that Bitcoin will be at the very forefront of that change.

With the recent attack on Donald Trump’s life, it has become almost a certainty that he will be elected president of the United States this Fall. When that happens, it will bring an end to the attack on the cryptocurrency market that we’ve had to endure throughout the Biden Administration. With some of the most prominent members such as Elizabeth Warren, actually hoping to kill the crypto industry.

That is all about to change.

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In recent months, Trump has completely reversed his opinion of Bitcoin and crypto in general. Likely due to Biden being against it and also many of Trump’s newest advisors are greatly in favor of it.

Even if Trump takes no action in regard to the crypto market, that would still be considered a win. Especially compared to the onslaught of attacks that we have suffered through during the last few years.

However, it’s more likely that Trump will attempt to keep his word and will implement policies that greatly benefit Bitcoin. Policies that will finally put an end to crypto companies being pushed overseas. And will even begin to make the US a hub for crypto once again. All of this will be very bullish for Bitcoin and will send the price soaring.

But there is much more.

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Never forget that the Bitcoin halving just took place a few months ago. Traditionally this has been the catalyst that has ignited all Bitcoin bull markets and there is no reason to be expecting anything different this time around. During past cycles, approximately six months after the halving took place; that is when prices began to go parabolic. There is still time to accumulate Bitcoin before that happens.

Finally, we shouldn’t overlook the continued impact of BlackRock being in Bitcoin and also the Spot ETF. It is the reason that Bitcoin’s price is already so high and essentially put us ahead of schedule price-wise. And it will continue to do so. The availability of the Spot ETF while Bitcoin begins to soar due to the halving, the election, and macro factors; will all make Bitcoin’s price rocket upward much higher than we thought possible.

Lives will be changed forever. Your fate all depends on the decisions that you make from here on out. It’s possible that Bitcoin could cause the largest transfer of wealth that we’ve seen in recent memory. People who have been investing in Bitcoin will be able to reap the rewards.

How about you? What’s your Bitcoin price prediction this cycle?

 

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As always, thank you for reading!

 

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johnwege
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Stay Curious. | Bitcoin | Macro | Business Email: [email protected]


johnwege
johnwege

The Bitcoin Frontier Business Email: [email protected]

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