Yesterday’s Fake Blackrock Bitcoin ETF News Proved Our Ultra-Bullish Thesis

Consider it a Crystal Ball to Secure Massive Gains in the Upcoming Crypto Bull Run

Back in July, I wrote an article detailing the key news about why Bitcoin and Crypto were destined to achieve an inevitable victory with the application by Blackrock to create a Bitcoin ETF.

As we shared, Blackrock, with more than $9 Trillion in assets under management is by far the world's largest financial institution. So the confidence they were showing by launching this new ETF, spoke volumes about where they saw the crypto market heading. Given that they don’t often find themselves on the losing end of financial ventures, it was safe to say they saw a huge opportunity to score big.

Taking things a step further, CEO Larry Fink even appeared on Fox Business the same week and raved about Bitcoin and termed it an “international asset”. The stated goal was to make it easier to invest in digital gold and less costly to utilize.

The message was clear, Blackrock was hitching its considerable wagon to Bitcoin’s immense potential.

Well yesterday’s events in the crypto sphere were telling. If you missed it, “news” began to circulate that Blackrock’s Bitcoin ETF had been approved. Unsurprisingly, the price of Bitcoin skyrocketed by 10% (over $2500) within minutes of the announcement. However, it was all for naught as shortly after, Blackrock shot down the report as fake.

While the news was ultimately disappointing, what this fake report did prove was there is a lot of excitement about the eventual approval. Given Blackrock’s impressive track record, this is really a matter of when, not if, and that is going to be the fuse that lights the next Crypto Bull Run.

Adding more fuel to the fire, Fink would appear later in the day on Fox Business and talk about the Bitcoin rally. Tellingly, he would say:

“It’s an example of the pent-up interest in crypto. We are hearing from clients around the world about the need for crypto. I think the rally today is about a flight to quality, with all the issues around the Israeli war now, global terrorism.”

How can you hear that and not be ultra-bullish about crypto, as a whole?

Quite simply, a Blackrock Bitcoin ETF is going to be an important vehicle that lets institutions pour massive financial investments into the asset, which is going to skyrocket the price. Then, as is usually the case, the most promising altcoins are going to follow along for the ride. Most people feel the next Bull Run will kick into full gear in 2024 and peak again in 2025.

How To Profit From Fake News

So why is this fake news report good for you? Consider it a crystal ball of what is likely to happen in the very short term when Blackrock is ultimately successful in its bid. That means an investment now in Bitcoin is likely going to yield a fast 10% gain or more relatively quickly.

This is why it is time to get off the sidelines and put at least some of your investment portfolio into crypto.

Bitcoin is likely to get the most headlines and without question will surge on the news, so having even a small portion of the asset will have long-term value. However, the real gains are going to be made on the small market tokens with high utility which are ready to blow up. These are some of the main ones I hold and have strongest belief in:

• Wadzpay ($WTK)

• Bittensor ($TAO)

• Realio ($RIO)

• AirTor Protocol (($ATOR)

• TriasLab ($TRIAS)

• Render ($RNDR)

• Kaspa ($KAS)

• Constellation ($DAG)

• Alkimi ($ADS)

• Verasity ($VRA)

• Morpheus Network ($MNW)

Please remember to research your own picks and not just follow blindly into those that others are high on. I find it is always important to establish your own personal comfort levels with investing.

Also, it goes without saying, but never invest money that you cannot afford to lose. Though I am highly confident in the returns available, nothing is ever guaranteed.

Have Questions? Please do not hesitate to reach out and I’ll help in any way possible. I want us all to win in the days and weeks ahead!

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