Here’s something few are talking about: The Chinese are printing money like it's going out of style. Not that you'd hear about it in the mainstream news. But Bitcoin knows.
Bitcoin always knows.
Here’s the thing…
When the Chinese government prints money to paper over the cracks, their smart money doesn't sit around waiting to get devalued.
It usually flows into three things: Bitcoin, gold, and dollars.
After years of being beaten down, gold's having one of its best years in decades. But here's the secret -- whatever gold does, Bitcoin's going to do it bigger.
Much bigger.
Since last November, when China started their printing spree, Bitcoin's been moving in near-perfect correlation with the People's Bank of China's balance sheet. Over 80% correlation, maybe even 90%.
Again, few are talking about it.
But here's why this matters right now: This could be the beginning of a huge breakout in the crypto markets.
Bitcoin broke above its July high, and historically, that's led to new all-time highs over 90% of the time. The only times it failed? COVID and the 2022 bear market.
That's it.” – Chris Campbell
Profits from free accurate cryptos signals: https://www.predictmag.com/
Bitcoin always knows.
Here’s the thing…
When the Chinese government prints money to paper over the cracks, their smart money doesn't sit around waiting to get devalued.
It usually flows into three things: Bitcoin, gold, and dollars.
After years of being beaten down, gold's having one of its best years in decades. But here's the secret -- whatever gold does, Bitcoin's going to do it bigger.
Much bigger.
Since last November, when China started their printing spree, Bitcoin's been moving in near-perfect correlation with the People's Bank of China's balance sheet. Over 80% correlation, maybe even 90%.
Again, few are talking about it.
But here's why this matters right now: This could be the beginning of a huge breakout in the crypto markets.
Bitcoin broke above its July high, and historically, that's led to new all-time highs over 90% of the time. The only times it failed? COVID and the 2022 bear market.
That's it.” – Chris Campbell
Profits from free accurate cryptos signals: https://www.predictmag.com/
