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'Something Has to Break' in the Market… But It Won't Be Bitcoin
Bitcoin (BTC) broke through the psychological milestone at $30,000 last week, but its price action has been choppy since. So what does this mean for the crypto space as a whole? That's exactly what Eric Wade – Stansberry's in-house crypto expert – joins Matt to talk about on this new episode of Making Money With Matt McCall.
They dive into what has been fueling the crypto market over the past few weeks. And they discuss another asset class that Eric has his eyes on right now... gold. Then, Matt and Eric discuss the likelihood of a recession this year and Eric shares a stock that he expects will outperform regardless of what the market throws at investors. Tune in to get all the details.
Get Started Today with Eric's Crypto Capital: stansberryresearch.com/products/crypto-capital
Click Here to Get Matt's Free Report: www.HiddenSector2023.com
#crypto #bitcoin #gold
00:00 Update on the Crypto Market
5:04 FTX and Banking Crisis Impact on Crypto
8:45 The Case for Cryptos as a True Asset Class
13:35 Bitcoin vs. S&P 500 vs. Gold
17:28 Recession Following Inverted Yield Curve?
19:42 US Dollar Index Falling
20:48 FMC Corporation
24:44 Why a Recession is Inevitable
30:45 One Investment for the Next 10-Years
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