Bitcoin is ripping higher, breaking out of its doldrums and recent lows.
There is a very good reason for this price movement - the US financial system has collapsed, engineered by President OBiden.
OBiden engineered inflation, OBiden and Bush engineering the running up of massive amounts of debt at Fed-manipulated zero interest rates.
Now we have to pay the interest rate shock piper, and the banks are the first to go.
Bitcoin is rallying because it is considered a safe haven for assets for the smart money.
Bitcoin cannot be manipulated. You can't print Bitcoin. It is immune from central bank nefarious behavior and corrupt politicians.
I wrote a book about this, in novel format, when I left Wall Street in 2011.
Bitcoin exists in a decentralized matrix - no one can destroy it.
Of course, governments can try to make its use illegal. That is the existential risk of Bitcoin.
But for now, Bitcoin is one of the only places money can go without worry it will be devalued. In fact the opposite it true -- its value will grow.
Globalist central banks will now try to build their own cryptocurrencies that can be manipulated and controlled. If you don't say the right things, your money will disappear.
That has nothing to do with Bitcoin.
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