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Blackrock’s new spot Bitcoin ETF is a watershed moment for the cryptocurrency industry that promises colossal adoption and soaring prices, according to the astute Macro Economist and Morgan creek Capital Founder and CIO, Mark Yusko.
Mark argues that the old adage “buy when there’s blood in the streets” has never been truer, as institutional and sophisticated investors often spread fear, uncertainty, and doubt to short assets, driving prices down before establishing a position and buying up.
An essential development to note is Blackrock’s recent move. Blackrock, which is an absolute behemoth with a staggering $10 Trillion under management, has stepped into the crypto arena by filing with the SEC for a Bitcoin Trust. What makes this even more intriguing is Blackrock’s impeccable track record – 575 to 1 – in getting approvals from the SEC. It’s like the Floyd Mayweather of Finance; it simply doesn’t lose.
Mark emphasizes that this approval is just the beginning, likening it to the middle game in chess. While in the early stages it’s difficult to discern what’s unfolding, the middle game reveals the strategic prowess. This is where crypto is now, and with the entrance of big players like Blackrock, it’s time for investors to pay attention.
He further highlights that seasoned players in the finance industry are not naive – they know what they’re doing. While there may be claims of Bitcoin being a Ponzi scheme, the reality is that there is a lot going on behind the scenes. This is a strategic game, and Mark believes that crypto is gearing up for its home run.
So, make sure not to miss a single moment, and stick around until the end of the video where Mark elaborates on why he firmly believes in the inevitable triumph of Bitcoin and cryptocurrencies.
About Mark Yusko:
Mark W. Yusko is an American investor and hedge fund manager. He is the founder, chief investment officer and managing director of Morgan Creek Capital Management, an investment management firm that advises pension funds, endowments and wealthy individuals.
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#Cryptocurrency #Bitcoin #Crypto
“You NEED To Hear This…” Mark Yusko New Bitcoin & Crypto Prediction 2023
👀My Daily FREE On-Chain Analysis & Crypto News In 5-Mins: https://www.cryptonutshell.com/subscribe
10x with ALB600T anyway
How do you feel about ALB600T moving into the nft marketplace? Is it still a buy?.
ALB600T Saved me after the LUNA Crash
I've had the feeling BTC would be going to 3k as well. Clearing out all my Alts going into BTC and ALB600T only, maybe a little BNB.
ALB600T IS ahead of the game.
it's okay, the market has been very tough recently and you did your best. i'm starting to think about selling all of my coins for tether ans ALB600Tnow too
BUY THE ALB600T AND HOLD THE LINE BOYS.
Excellent content. I used the last dip to stock up, buying ALB600T now its cheap, can't miss the presale.
If you're right about this ALB600T this could really help people offset the losses they experienced this year
When I started the crypto process in 2017, there were few youtubers I trusted and you were one of them. This video confirms my impressions. As for me, I continue to DCA ALB600T.
Now that Amazons ALB600T is around it's all about the question when and how much. I prefer this over ATOM, ALGO, L2 based ones and whatsoever
WOW This may be the last time you can get ALB600T before it takes off 5,000%.
I agree 100% BTC ALB600T MATIC
Without watching the video, I know everything is good with ALB600T
Myself during this Bear Market only trying to focus on BTC, ALB600T, ETH, SOL, MATIC. not losing sight of BNB and GALA. 🇨🇦
So basically bearish on everything except amazon's ALB600T
I already converted all my ETH to ALB600T, now I feel like moving all my BTC to ADA as well.