Bitcoin Price Breaks Through $50,000! Will $100,000 Be Next?
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TOPICS AND TIMESTAMPS:
Cryptocurrencies 0:00
BITCOIN PRICE 1:58
WHY SURGING? 3:22
CAPITAL CONTROLS 7:56
$GPS INSIGHTS
#1 PRICE OF BITCOIN HAS INCREASED DRAMATICALLY
#2 TWO POSITIVE FACTORS OVERSHADOWED REGULATION
#3 FED MEETING MAY GIVE CLUES FOR MARKET RISK TOLERANCE
Bitcoin and ethereum price has surged. Many cryptos are moving higher. More money is flowing into cryptocurrencies. Stocks need their artificial boost as well. The U.S. consumer is maxed out. Consumer sentiment is down heavily. Real estate continues to increase in price right now as we see low interest rates keep this going. There is upward pressure on markets right now globally because of the inflation of the money supply. As a result, we are finding prices of just about everything being higher. Money, cash, debt is coming into the markets at this time finding its way into stocks, bonds, real estate. Credit card debt is up as well as real estate debt. Mortgages.
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Sources Used in This Video:
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It's simply data that is generally not found through conventional means.
#bitcoin #crypto #cryptocurrency
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