BITCOIN – BLACKROCK JUST DID THE UNTHINKABLE! (BOMBSHELL DROPPED IN 11 HOURS) #Finance

holy crap Black Rock just bought a truckload another truckload of Bitcoin it seems like I’ve been saying for a while that you only have so much time that you only have 24 hours 72 hours 48 hours uh 3 hours and I always I always give the reasoning behind that right maybe it’s

because in one hour uh the market closes maybe it’s because in 24 hours The Market opens for Black Rock on a Monday maybe it’s because it’s just a remind that you don’t have all that much time and today we got a good reminder that we don’t have that much time we had a

big green day going from under 70,000 all the way up to within a couple hundred of new all-time highs and part of that was because Black Rock just bought a huge amount of Bitcoin I believe this is one of their biggest buys ever like top two top three let me just check this because I’m sure

someone said it largest inflow since March okay largest inflow since March I want to show you that talk about the important timelines for Bitcoin talk about what you should be paying attention to if you don’t mind hit subscribe so you can see future CashNews.cos just like this if you’re

new to the channel hit subscribe I make multiple CashNews.cos a day and you can get all the news that you need to as quickly as it comes out because literally saw this news and now I’m making the CashNews.co walk downstairs 2 minutes later boom it’s up online so if you want to hit

subscribe you can see future CashNews.cos if you want to trade trade Cryptocurrencies try Marx this is a platform that I talk about a lot because I really like it you can trade all different

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here you could just use usdt or usdc as well it’s powered by trading view it’s really simple uh simply laid out and has all deal indicators on screen so check that out underneath the CashNews.co but take a look at this $1 billion printed or minted at the tether Treasury

what’s this mean well typically it’s pretty bullish when usdt is printing a lot people are getting ready to buy so we do have Bitcoin moving up throughout the day now it’s calming down just a little bit now that the Market’s closed we’ve just been fluctuating let me

pull up in 1 hour here we’ve been fluctuating since the market closed uh between about 71,500 and 73,0 600 you can see we’re getting closer and closer here it looks like maybe we’ll have some kind of big move here in the next few hours I it’s impossible to know which way but

the market has been quite bullish black rock is going to start trading again in less than 12 hours uh and today they just had a massive amount of volume the spot ETFs traded $4.5 billion today

Black Rock was the majority of that with 3.3 billion in volume Fidelity 550 million in volume grayscale 388 million in volume Arc with 136 and you can go down the line tons of volume from these none;">ETFs keep in mind they’ve just been swallowing up a ton of Bitcoin I think it’s 3.8 billion over the last 16 17 trading days yesterday was a big day with 479 million but that pales into in comparison to today Black Rock will be at the end but first gbtc had an outflow 17

million grayscale mini had an inflow 29 million so we’re already plus 12 million just getting through grayscales ETFs then another 12 million from arcb 53 million from bitb so big day

there so right there we’re already at plus 76 million hot 17 million fbtc with 134 million so we’re somewhere around 200 220 and then ibit came in with a $600 million inflow day 600 million this is the largest inflow that we’ve seen from ibit since March and I think it might be

their large their second largest ever you can see black rock bought 8820 Bitcoin 8,820 that’s just an insane amount of money and keep in mind this is just one of the many days that they’ve been buying Bitcoin this is not an outlier for them yes this is a better day than we’ve seen

in a while but they’ve still been buying 100 to $300 million almost every single day over the last 3 weeks they’ve been positioning themselves for this last quarter let me ask you this do they know something you don’t they might and even if they don’t even if they know

everything you know they definitely have a lot of analysts that are looking at all the possible options and they’re pushing people to buy Bitcoin this is not just retail Traders deciding today is the day that they’re going to go buy Bitcoin in their retail account no they’re

they’re helping investors better understand Bitcoin they’re putting on conferences just this week they went to Saudi Arabia uh I believe it was Saudi Arabia with a couple other big Banks and financial institutions to talk about different investment options um they’ve had multiple

meetings for large wealthy individuals in the US and the fact is they’re going to continue to do this they’ve been saying that 30% uh 90% even 105% in some of their studies 105% Bitcoin in your Portfolio makes sense now how do you even do that well you get access to

leverage they literally are saying if you’re risk tolerant you should go get Leverage to buy Bitcoin in your Portfolios just based on the numbers I’m not telling you to do that because honestly yes I do leverage trade but I’m doing this with with a smaller part of

my Portfolio I would not feel comfortable going 50x with 50% of my Portfolio or anything like that that would be crazy but uh there are people out there that are just throwing a ton of money at Bitcoin because they realize that we’re probably going to

continue to inflate we’re going to continue to uh have more money Ed we’re going to have more stimulus whether the economy is good and it’s growing a lot and then we have Inflation or whether the econom is bad and then the government has to bail everyone out with

stimulus either way all roads lead to bitcoin 8,820 roads led to Bitcoin today from Black Rock and yeah they’re giving you what 12 hours before they start trading again less than that 11 hours they’re Relentless relentlessly buying every single day so hopefully you’ve been able to

get your hands on some as well Eric Vorhees makes a good point when demand for gold Rises more gold is produced when demand for oil Rises more oil is produced when demand for USD Rises more USD is produced when demand for Bitcoin Rises dot dot dot there’s nothing when demand for Bitcoin Rises

the price goes up everyone that’s held it makes a ton of money so let me know your thoughts on this this underneath the CashNews.co I think this is a very good time for Bitcoin of course anything can happen moving forward including this justtin Florida’s Chief Financial Officer Advocate

advocates for a strategic Bitcoin Reserve says Bitcoin is digital gold okay saying basically hey there are some states like Wisconsin and Michigan that have seen it wise to invest a small portion of their Pension funds into #1a73e8; text-decoration: none;">Cryptocurrency in March Arizona’s state senate Advanced efforts to add Crypto to State retirement funds to encourage pension fund managers to

consider Crypto in their allocations moreover Wyoming and Nebraska are leaders in none;">Crypto Mining and have enacted dozens of laws to attract the industry including a framework for chartering Crypto Banks then this person the CFO tries to make a request for the SBA

to provide a report on the feasibility risk and potential benefits of directing a portion of State Retirement System monies into digital Assets so we have multiple people that work for the government that are pushing to be able to buy Bitcoin with their Pension funds keep in mind

IIT has done very well this year it’s gone up year-to dat 55% it is in the green for every day but one right um even over the last month up 14% the fact is this this has performed extremely well when something performs extremely well more people want in on it there are more flows

there’s more volume there are more people taking bets it’s more volatile there are more people that want it there are more potential gains and it just works like a little flywheel what do you think’s going to happen when the early goers uh start outperforming the Hedge

Funds that bought ibit I mean there’s one that has 30% of their Portfolio in one of the Bitcoin ETFs there’s a hedge fund that did that 30% so just on that

30% of their Portfolio they got 15% returns even if they did nothing with the rest of their Portfolio they’re going to do pretty well this year now what if they just got average returns everywhere else right they would outperform every other hedge fund out

there and if they’re doing that people will want to move funds to that company then what happens well to get outperformance from other Hedge Funds they’re going to have to invest in something that’s more volatile like Bitcoin they’re going to try to go after

the Bitcoin strategy they’re going to buy Bitcoin themselves people are going to be pissed off if their financial advisers aren’t getting them allocation to bitcoin it’s been a great time though to be a Bitcoin investor all roads lead to bitcoin it seems like everything’s

going really well right now and any moment we could be hitting new all-time highs if you want to see what I do when we start hitting alltime highs what I think about price action what I think about uh future Catalyst you can hit subscribe if you want to trade this Market maybe you think we’re

double topping you can short the market maybe you think we’re going to blow through and just get into price Discovery you can long the market there are links to this underneath the CashNews.co you can start with a small amount but of course do your own research thank you so much I appreciate

it I’ll see you all in the next one and remember black rock is only giving us 11 hours before they start buying again for