When it comes to guarantees in the financial markets, there’s one hard and fast rule.
Never guarantee anything.
In the markets, it’s impossible to know for certain what any outcome might be. So what I’m about to tell you will fall into the “yeah right” basket for many people.
Because you’ll find it hard to believe the absolute certainty of my prediction.
On or around April 16, I can 100% guarantee that an event will send a shock through the crypto market.
There are no ifs or buts about it.
We know with complete certainty that on or around April 16… A gigantic supply shock will ripple across the crypto market.
This isn’t the first time we’ve seen this type of event, either. In fact, this will be the fourth time the market gets this shock.
But what makes this shock the most important we’ve ever seen is that it might be the last chance you have to really make life-changing wealth from it.
Here’s why…
When you apply the basic laws of economics to what this event means, it’s hard to see any outcome other than an explosive bull market coming to crypto.
And in my view, this is why the actions you take now could determine whether you live the retirement of your choosing… or the retirement you’re forced to live.
The BTC Supply-Side Shock
When demand for an asset increases and supply remains the same, prices typically increase.
But when demand increases for an asset while supply decreases, prices can explode higher.
We’re about to see that dynamic play out in bitcoin. And it all has to do with the “bitcoin halving.”
You see, there can never be more than 21 million bitcoin in existence. Their issuance is strictly regulated by bitcoin’s code.
To maintain scarcity and prevent inflation, the code mandates a “halving” every 210,000 blocks (that equates to roughly every four years). Each halving reduces the supply of new bitcoin coming to the market.
When bitcoin miners validate transactions on the blockchain, they receive a “block reward” of newly created bitcoin for their services. The halving event cuts the block reward – and the new supply entering the market – in half.
The first halving occurred in 2012. The second in 2016. And the third in 2020. The fourth will occur on or around April 16 this year.
The chart below shows what happened to bitcoin’s price after the first three halving events.
This means we know for certain the halving is coming, and it will reduce new supply.
Nothing will change that. It’s 100% guaranteed to happen.
Now, the precise date is hard to pinpoint. But it’s most likely going to happen on or around April 16.
That’s less than 100 days away. And these next 100 days are crucial. That’s because we’re about to see unprecedented demand for bitcoin…
The BTC Demand-Side Shock
On January 10, the Securities and Exchange Commission (SEC) approved 11 spot bitcoin exchange-traded funds (ETFs), including those from BlackRock, Fidelity, VanEck, Invesco, and WisdomTree.
Combined, these 11 firms have $17 trillion under management.
What makes this so crucial to the demand side of the equation is these ETFs must buy and hold bitcoin for every dollar that enters their ETF.
For example, if BlackRock’s bitcoin ETF swells to $20 billion in assets under management, it must own and custody $20 billion worth of bitcoin.
And that’s just one of the current ETFs. Think about what that looks like as capital starts flowing into 11 of them…
The key point is, now that the SEC has green-lit spot bitcoin ETFs, institutions finally have a simple, regulated vehicle to invest in crypto.
And thanks to bitcoin’s ability to supercharge a portfolio’s returns, I expect everyone will want a piece.
This will open the floodgates to billions of dollars in capital – a huge surge in demand.
We saw something similar happen when the SEC approved the first gold ETF in 2004 – the SPDR Gold Trust (GLD).
GLD made it easier for people to buy the metal. They no longer had to own physical bars. Instead, they could just buy the ETF, which represents a portion of physical gold.
The ETF exposed millions of new investors to the physical metal. It’s estimated that 60–80% of GLD buyers were first-time buyers of gold.
We believe the launch of a spot bitcoin ETF will similarly bring in millions of new crypto buyers.
And don’t just take my word for it…
According to a Bitwise/VettaFi 2024 survey, 88% of financial advisers interested in purchasing bitcoin were waiting until after the SEC approves a spot bitcoin ETF.
That approval is done. Now they have no excuses to get their clients into bitcoin.
This suggests an ocean of capital is waiting to get into this asset class.
So let me set up the opportunity for you as simply as possible…
If the demand story plays out as we expect… and you combine it with a guaranteed supply cut from the halving… Where do you think bitcoin prices will go next?
That means the potential for $100,000, $500,000, or even $1 million per bitcoin – as Daily editor Teeka Tiwari has projected – is very possible.
But here’s the thing…
Bitcoin is just the beginning. As bitcoin goes, so do the altcoins. And when altcoins take off during a bull market, impossible profits become possible.
When Bitcoin Flies, Altcoins Fly Higher
After the first bitcoin halving in 2012, its price soared over 7,500%. However, Litecoin (LTC) spiked 14,690% – nearly double the performance of BTC.
Crypto was still in its infancy in 2012. So there weren’t as many altcoins around as there are now. And as the number of altcoins proliferated, so did the opportunities to profit.
For example, Teeka made his first crypto recommendations before the July 2016 halving.
He foresaw what this guaranteed shock would mean for crypto. And he predicted it would lead to a surge in not just bitcoin, but altcoins, too.
That’s why in addition to purchasing bitcoin, he recommended a newer emerging crypto called Ethereum. These both exploded after the second shock, sending bitcoin flying 17,233% and Ethereum gaining 49,277% at their respective peaks.
We saw a similar scenario play out again before the 2020 halving.
When Teeka pounded the table on bitcoin, he also recommended several altcoins that took off like rockets as money once again flooded the system.
Readers who listened to his advice and acted had the chance to make 20,000% on Numeraire (NMR), 52,000% on Streamr (DATA), and 80,000% on Enjin (ENJ).
So what’s the play now?
According to Teeka, it’s to use any pullback in bitcoin as a buying opportunity. Here’s Teeka:
My bet and belief is that the next two years are going to be epic.
Yes, there’s going to be a lot of volatility. Yes, there will be times when we come in here and everything’s down 30% or 40%. I don’t think that’s going away.
However, the one thing that you need to pull out of this, at least for the next two years, is no matter how bleak it looks, you’ve got to treat [every pullback] as a buying opportunity.
Because the prices ahead are going to be eye-watering. They’re going to be shocking. They’re going to be life-changing. We’re going to see a money train come into this asset unlike anything we’ve ever seen before.
Once you build your bitcoin stack, then you can allocate a portion of that to altcoins. And right now, Teeka’s pounding the table on several of them before the halving.
He believes the coming shock will send hundreds of tiny crypto coins soaring 10x, 50x, or 100x higher – in just days.
To help you prepare, Teeka is revealing his #1 FREE crypto investment for 2024 – no strings attached. Click here to get the ticker.
(As a reminder, Teeka’s free picks have an average peak gain of more than 1,000%.)
Over the next three months, we’ll see a simple yet powerful truth in action…
When demand increases while supply decreases, it acts like a chemical reaction. Prices explode.
And because you don’t need to invest a lot to make a lot in crypto, you don’t have to put your current lifestyle at risk as you prepare for this 100% guaranteed event to happen.
So click here to watch Teeka’s briefing. And position yourself before this shockwave hits the entire crypto market. If you wait too long, it may be too late.
Until next time,
Sam Volkering
Analyst, Palm Beach Daily