BITCOIN – LARRY FINK JUST SAID THE UNTHINKABLE! (BOMBSHELL) #Finance

how’s it going everyone it’s Sam Larry think just said the unthinkable something pretty crazy just happened on their earnings call A lot of people are talking about it I want to lay it out here for you and show you kind of the crazy math behind what he just said he’s very

bullish on bitcoin talking about Bitcoin in the earnings call also we have some news from kamla Harris on what she’s going to be doing with Crypto what she what she’s going to try

to do if she becomes president also C LSK and mstr some of these Crypto related stocks are making big moves today we’ll talk about that if you don’t mind hit subscribe turn on the

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amplify your returns let’s start here micro strategy ending the day down about 5% a lot of people are confused at this because Bitcoin is up about 5% why is MST are down it’s been on a tear well they do trade at a premium we’ve talked about this in the last couple weeks I’m

very bullish on micro strategy but I actually took some Profits out of micro strategy put it into ibit uh because this sells at almost a 3X premium from the underlying Bitcoin that they hold so naturally they’re going to go sell Shares convertible notes and

then be able to go buy Bitcoin because they are selling at a premium so could be a little bit of that today we have clsk ending the day very strong up about 12.7% miners going a little bit crazy today as Bitcoin does look extremely bullish kamla Harris gave some indication as to what she’s

going to do if she becomes present an Outreach to black men Harris to vow to legalize weed and protect Crypto so it says vice president Kamala Harris is pledging Monday to legalize

recreational weed protect Cryptocurrency Assets and give 1 million uh Loans to Black entrepreneurs as part of her efforts to court black voters who may be

pivotal in the presidential race okay so specific on Crypto she says a plan uh well let’s see the phrasing among the initiatives being announced by Harris Monday a plan to come up with

rules for Cryptocurrency and other digital Assets more than 20% of black Americans own or have own #1a73e8; text-decoration: none;">Cryptocurrency Assets according to the campaign that’s all that they have they’re going to come up with a plan for none;">Cryptocurrency and digital Assets okay I don’t really understand where uh the protecting Crypto comes in it doesn’t really say that she she’s

going to be like you know a little bit more lenient she’s going to work with the companies that she’s going to help anything specifically it just says that she’s going to come up with a plan but who knows maybe it could be helpful um actually Tom Lee I have a CashNews.co coming

out on him he was just talking about what happens if kamla Harris becomes president for Bitcoin or uh what happens if Trump becomes president so be on the lookout for that that’s coming out a little bit later tonight we also have other bold; color: #1a73e8; text-decoration: none;">Cryptos moving up significantly a lot of people talking about Soul strategies which is pulling off the micro strategy Playbook but with salana it was actually up an insane amount today 49% then I think it actually went up over 100% at one point I

could be wrong on that but I think I remember seeing that a lot of people taking a page out of that Playbook now look at what Black Rock said so Black Rock let’s pull up Black Rock earnings I believe the had earnings today let’s see so it was reported actually on October 11 they

surprised by 11% on EPs and Revenue was 4% higher than expected they had some recent uh calls coming out um that people have been digging into and they talk about Bitcoin I saw this floating around Twitter today and I have not seen the clip where he literally says this but

I’ve seen so many people posting about I thought I include it Larry Fink says Bitcoin will be as big as the housing market housing market 49.6 trillion BTC Market Cap 1.3 trillion do the effing math now to be clear that would put Bitcoin around a $2.5 million market cap there’s no

indication as to when this is going to be to be clear I did see this though their Q3 2024 earnings call let me play this a president or other candid should there should be I mean We Believe Bitcoin is an asset class in itself it is an alternative to other Commodities like gold We Believe Bitcoin is

an asset class in in and of itself it is an alternative to other Commodities like gold again pretty bullish pretty darn bullish from Larry fin the largest asset manager in the world $1.5 trillion in Assets talking about how big Bitcoin can be maybe it’s going to be as big as

the housing market Maybe it’s just going to overtake gold which is huge a huge gain from here gold market cap I believe gold sent around 15 trillion 15 trillion $18 trillion okay that’s a nice 13 14x from here on bitcoin so very bullish things coming out today uh about Black Rock and

Larry fin he’s being basically the biggest spokesman for Bitcoin besides I guess Michael sailor maybe micro strategy had an insane day in terms of price volume just look at this Nvidia had the most with 31 million I believe this is actually thousands yeah this is Thousands so $ 31 billion

doll in volume Tesla 18.6 Apple about 9 Microsoft 6.8 and the micro strategy at $6.2 billion in volume traded today more than meta more than Amazon more than coinbase more than Google this is pretty crazy and yet you know this is not the first day that they’ve done this last week was the same

thing a lot a lot of volume coming out again more people talk about Larry Frink um nearly every day there’s a new quote or piece of research from Black Rock or Larry about Bitcoin as if it’s it’s as if they’ve committed the Bitcoin white paper to memory Larry think Bitcoin

will become as big as the US housing market so yeah 38x potential here of course do your own research right I can’t tell you what to do I can’t tell you what to buy but this does look quite bullish when you just zoom out and look we are setting higher highs and higher lows I am excited

for what’s coming next I don’t know about you let me know your thoughts on this underneath the CashNews.co though let me know if you’re bullish on bitcoin if you’re bullish on what happens next as you can see we’re just breaking through resistances you know little bit

of sideways action boom lus sideo action boom I’m quite excited for the rest of the year and into next year as well of course we always have to gauge um you know the market sentiment but honestly right now yeah there are some people bullish the people that have been around four years but

it’s not like we’re seeing a big big flood of new Capital at least new retail investors of course we have seen a good amount of Capital flow in from Hedge Funds that haven’t been able to get access to bitcoin before but it’s

been kind of sideways in that respect too since earlier this year so not be surprised to see some pretty big inflows here over the next few months especially when there’s more Liquidity in the system and rates continue to come down this is going to be an exciting time let me

know what your thoughts though on all this underneath the CashNews.co thank you so much check out btcc underneath the CashNews.co so you can start trading today I’ll see you all in the next one bye