Crypto Boom 💥 Coming — Profit From the Financial System's Undoing
One cryptocurrency is already set to explode...
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Paul Mampilly: Bitcoin 🪙 Is Set Up for a Breakout Year
Bitcoin is surging higher. The reason is that people now have a palpable fear that their money isn’t safe in banks.
The folks who run our financial system either have no idea what they’re doing or, at worst, are deliberately hiding the truth from us regarding the condition of the financial system.
Credit Suisse’s 🏦 “Shotgun” Merger With UBS Valued It at a Mere $3.25 Billion
Over the weekend, Credit Suisse Group AG (NYSE: CS), a global bank with a significant U.S. presence, was pushed into a messy merger with UBS Group AG (NYSE: UBS).
Both are big, global, systemically important banks. Combined, these two have $5 trillion in assets.
At its peak in 2007, CS 0.00%↑ had a market capitalization of $90 billion, bigger than Apple. And its clientele is a who’s who of the world’s elite and wealthy.
The bottom line is that the world’s legacy financial system is coming undone. And this undoing benefits bitcoin, crypto, and various fintech companies we own.
It benefits these investments because they have better, more viable, highly scalable, and ready alternatives for what the legacy financial system provided people.
The First Beneficiary of This Financial Upheaval Is Bitcoin 🪙
I believe the first beneficiary of the upheaval of the legacy financial world will be Bitcoin USD (BTC-USD).
My previous predictions for BTC hitting $250,000 in 2021 were wrong — but that’s an occupational hazard when you try to set specific timelines for when future events are going to happen in human affairs.
Still, it’s inevitable that BTC not only hits $100,000 — which is my scaled-down prediction for 2023 — but I also believe it’s unavoidable that it hits $1 million in the next two to three years!
A Credible Crypto Investor Is Betting on $1 Million in 90 Days 🤯
Now, you may think that my predictions are hyperbolic and crazy. But I can tell you that another investor is making an even more astonishing prediction.
Now, $1 million in 90 days means something very dramatic will occur. And it’s certainly possible, given what’s happening in the global banking and currency system.
I’m not telling anyone to bet the farm on BTC hitting $1 million in 90 days. Still, this investor has a good track record of seeing events happen before they hit the mainstream.
For example, he identified COVID as a threat as early as January 2020. That’s well ahead of anyone else mentioning it as a problem.
Remember, this Substack is not investment advice.
Still, given what’s going on in the world right now, to ignore the possibility that something like what this investor is saying could come true…
Maybe not completely. But just imagine…
If BTC even hits $100K, it’ll soar all the stocks associated with crypto and surge most cryptos.
And we’ve got direct crypto exposure in our Platinum and Silver Tier portfolios and crypto-related stocks in our Silver, Gold, and Platinum Tier portfolios.
To check those out, consider subscribing today for as little as $9.99 by clicking here!
And that’s not all we have to say about this bitcoin surge…
Just last week, Paul released a video on his YouTube channel about three stocks that’ll benefit from it.
If you haven’t already, be sure to watch it by clicking on the image above! 👆
#GBC100: Monday, March 20, 2023
The #GBC100 is down 1.34%.
Friday was an options expiration day that often causes more selling a day or two after it ends. This is the case today.
Also, we have drama continuing in the global financial system and, this week, a Fed meeting.
There’s no pattern or news for today’s top performers.
Tomorrow: We’ll hear the latest from Dan. 🙌 Stay tuned!
Happy Monday! 🥳️
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Always invaluable anaylysis................Thanks!!