 | Amanda Heckman
Editorial Director |
Bitcoin has proved its strength yet again. The poster child of the crypto sector is making big strides in some crucial ways. And that means we're more bullish than ever. Here's what's going on... Bitcoin to the RescueYou know you're having a good week when you're seen as a hero... GoFundMe, the popular online fundraising and donation platform, caused an uproar last week when it interfered with Canadian protests over vaccine mandates. Since late January, a group of truckers called the "Freedom Convoy" have driven across Canada to protest cross-border vaccine mandates for truckers. Donations have poured in for the group on GoFundMe, totaling nearly $8 million. But GoFundMe shut the fundraising campaign down, saying it was in violation of policies that prohibit violence and harassment. All of the money, which was willingly and freely donated, will be returned to donors. While there are many threads to untangle in this story... here's the one investors will find most interesting... Simply put, GoFundMe took control of money that didn't belong to the company and disregarded the wills of many folks. In response, a group of crypto investors started a new donation campaign for the truckers. They created a crowdfunding platform to raise money... in Bitcoin. More than $500,000 in Bitcoin has already been donated. This shows that crypto is a necessary alternative. It's clear that under our current system, certain entities can take your money and do whatever they want with it... without your permission. Reclaimed GoldNext... a story that shows GoFundMe could be just the start... We've written to you about the devastating financial problems in Turkey... where inflation is rampant (around 50%) and the local currency is worth almost nothing. Turkey's citizens have fled the lira and hold their savings in gold, crypto and foreign currencies. The government doesn't like that very much, so it's doing something about it... something quite terrifying. [Controversy: Bill O'Reilly's "Money Man" Said What About the Biden Presidency? Listen Here!] Turkish officials have just announced plans to "convince" citizens to turn over their gold stockpiles. They hope to reclaim about $25 billion worth of gold. No word yet on how they'll do the "convincing," as officials have declined to comment. But given the Turks' mistrust of the lira, something tells us they won't hand their gold over willingly. We predict a flood of wealth moving into crypto as the government's plans take shape. Turning a CornerThe third reason to be bullish is more technical in nature. After a two-month pullback, Bitcoin has turned a corner. As Andy showed his Alpha Money Flow subscribers this week, the crypto has moved out of its lower trading range. That's a bullish move that means the asset is heading higher. Likely a lot higher. The last time we saw this move... Bitcoin soared to an all-time high of close to $70,000 in early November 2021 from a low of $30,000 in late September... That's a gain of 133% in just six weeks. In just the last two weeks, the crypto has bounced off its low of $35,000 and kissed $45,000. That's a jump of nearly 30%. And as you can see in the bottom half of the chart... Andy's favorite volume barometer - his Liberty Indicator - is telling us the buyers are back. Make sure you're one of them. One of Manward's investing maxims is, "If you do what everyone else does, you'll get what everyone else gets." This week, contributor Joel Salatin has a critical take on that idea... that if we accept the narratives in front of us without looking for alternate ideas or perspectives... it will lead us nowhere good. Continue reading here. This well-known e-commerce giant is a cash-flow machine - one of the best, according to Alpesh's No. 1 metric. But the stock's price has seen some huge gains and some huge drops. Will the volatility continue... and if so, is there good news for investors who can stomach the ride? The answers are all in Alpesh's latest video. Click here or on the image below to watch it. "Legacy financial infrastructure... can be politicized and clamped down upon. Bitcoin is truly censorship-resistant. Don't allow your voices to be silenced." - "HonkHonkHodl," the crypto group raising funds in Bitcoin for the Canadian truckers Want more content like this? | | | |
Amanda Heckman | Editorial DirectorAmanda Heckman is the editorial director of Manward Press. With unrivaled meticulousness, she has spent the past dozen or so years sharpening Andy's already razorlike wit... and has worked with numerous bestselling authors and award-winning financial gurus along the way. | | |
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