Why Bitcoin Is In Launch Mode

In this video, I talk about the ISM Manufacturing Prices Paid Survey that showed price is up almost 20% from November to December. That means your fiat currency went down in value about 20% from November to December.

The inflation story is one near-term catalyst as to why Bitcoin (BITCOMP) is in launch mode - thanks to the Fed. I'll discuss. I also go through a few other critical fundamental and technical factors I'm watching.

00:12:00

Disclaimer: All investments have many risks and can lose principal in the short and long term. The information provided is for information purposes only and can be wrong. By reading this you ...

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Moon Kil Woong 2 weeks ago Contributor's comment

Also if you watch the news there is another reason why trust in the US is weakening. It has been going on for several months now.

Angry Old Lady 1 week ago Member's comment

I blame Trump.

Beating Buffett 1 week ago Member's comment

Good points.

Moon Kil Woong 2 weeks ago Contributor's comment

Sadly they are going up to try to catch up with everything else that is important to you which the inflation number suppress like housing costs, healthcare, ammunition, meat, education, etc.