Bitcoin Headed To $30,000
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In this video, I discuss my intermediate Bitcoin price target of $30,000 over the next few months.
The Fed seems intent on pushing asset prices lower, and it appears that Bitcoin will be collateral damage, due to its correlation with stocks.
The Fed is under tremendous political pressure to bring inflation down, and it will end up tanking the stock market in the process. Once that happens, it will be forced to turn the money printers back on, which will drive stocks and Bitcoin to new all-time highs.
I am not selling a single sat or trying to trade around this drawdown. Instead, I am waiting for $30,000 to accumulate as much Bitcoin as I am able.
Bitcoin had a 60% drawdown in March 2020, before skyrocketing over 10x immediately afterwards.
Not investment advice! Consult a financial advisor.
A Global Financial Crisis Is Here:
https://www.youtube.com/watch?v=ZXASSB2vOO4&ab_channel=TraderUniversity
Fed Blowing Up The Markets:
https://www.youtube.com/watch?v=gJJZf1_17RI&ab_channel=TraderUniversity
Fed doves turning into hawks:
https://www.bloomberg.com/news/articles/2022-04-05/brainard-says-fed-to-shrink-balance-sheet-rapidly-as-soon-as-may
Inflation is top polling concern:
https://thehill.com/policy/finance/594598-inflation-tops-list-of-most-urgent-issues-facing-us-poll/
https://www.marketwatch.com/story/biden-says-his-top-priorityis-getting-prices-under-control-as-he-outlines-steps-to-fight-inflation-11646191740
If Stocks Don’t Fall, the Fed Needs to Force Them:
https://www.bloomberg.com/opinion/articles/2022-04-06/if-stocks-don-t-fall-the-fed-needs-to-force-them
Bitcoin Coming To Stores Everywhere:
https://www.youtube.com/watch?v=1vNDrBXfqrU&ab_channel=TraderUniversity
US debt clock:
https://www.usdebtclock.org/
Check out my online trading courses:
https://www.trader.university/join
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Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#stockmarketcrash
#Fed
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Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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