Bitcoin Shakeout! (Warning)

You’re going to call me crazy. December 04, 2024 [WEBSITE]( | [UNSUBSCRIBE]( Moral: When everyone's scared, look at what the smart money is actually doing, not what they're saying. Bitcoin Shakeout! (Warning) CHRIS CAMPBELL Dear Reader, Earlier this year, James predicted we’d see $100,000 BTC by the end of the year. As usual, some scoffed. Bitcoin was around $50,000. Sentiment was much worse than it is today. But then Tom Lee from Fundstrat (one of Wall Street's most bullish analysts) said the same thing. Now, however, Lee has a caveat. He just went on CNBC and said this: “There’s a lot of folks who don’t want Bitcoin over $100,000.” Meaning, there are forces trying to suppress Bitcoin's price. BUT, he said, they’re the same ones who will send it to the moon tomorrow. Translation: We might see another shakeout. Of course, this might not happen. Both James and Lee think Bitcoin will be above $100,0000 when the ball drops into 2025. But it’s useful to consider -- if only to try to keep the lizard brain from panicking if it does. BECAUSE… If you’ve been in crypto long enough, you’ve seen this movie before. Look at what happened with Jamie Dimon. In 2017, he called Bitcoin a "fraud" and threatened to fire any trader buying it. [BREAKING] Tiny Biotech Stock Could Surge 10,000%+ Over Time? AI stands to have a critical impact on the drug discovery process. Using AI, companies have been able to produce new treatments faster and more cheaply than ever! One small AI company—led by the world's top scientists—has quietly just stumbled upon the biggest AI cancer discovery in history. And when they announce this discovery, it could change modern medicine forever and send their company's stock price soaring. [Click here now for the urgent details.]( Bitcoin dropped 24%. Then what happened? That same weekend, we discovered JP Morgan was secretly the biggest buyer of Bitcoin in Europe. But this isn’t 2017. For the first time in crypto history, Wall Street has real skin in the game. They're not just dipping their toes in - they're in the ring, throwing punches. And it’s clear this time: Wall Street isn't trying to kill crypto - they're trying to own it. And they’re looking at WAY MORE than just Bitcoin. They’re interested in the “altcoins” too. (More on that in Friday’s Early Stage Crypto Investor update.) So what's the play here? The same strategy that's worked in every market cycle: when everyone's scared, look at what the smart money is actually doing, not what they're saying. And right now? They're buying. Every. Single. Dip. Will Bitcoin hit $100,000 by year-end like James predicts? Maybe. (Although $98,800 probably still warrants a victory lap.) But that's thinking too small. The real question is: what happens when the big fish decide to let prices run? Because that day is coming. And when it does, you'll want to be holding what they've been accumulating. More on that to come. Until next time, Chris Campbell For Altucher Confidential Rate this email Like Dislike Thanks for rating this content! Looks like something went wrong. Please try to rate again. Congrats, you earned this… As one of my readers, you qualify for [this special deal.]( Only a small fraction of our readers will have the chance to see this. Fortunately, you’re one of them. All you have to do is [click here now to see how to claim your special deal.]( ☰ ⊗ [UPDATE PREFERENCES]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here,]( or manage your newsletter preferences [here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. 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