I Predicted the Introduction of BTC ETFs Would Create Large BTC Price Crashes. They Did. This is What I’m Predicting Next for BTC
And an announcement about free giveaways to my impending skwealthacademy launch
FREE skwealthacademy giveaway:
Note that I will be giving away two free courses in my academy that will be worth at least $100 (and likely above $200 in value) to two random people among the first 50 subscribers on this platform (however note that these randomly picked subscribers will not be chosen until after my academy is launched which may not be until early 2023). Now let’s get started with today’s article.
More than a year ago, I predicted, much to the disbelief of everyone, that BTC prices would plunge, after an initial run-up, when the first BTC ETFs started trading.
Last January 2021, I published an article in which I explicitly stated:
“We all need to be careful of who we willingly invite into our homes, as a bitcoin ETF will not only give access to big Wall Street players to invest in bitcoin, but also will serve as an open invitation for them to gain complete control over its future price. Be warned of rotting fish heads packaged as nice, neat gifts tied with red ribbons. Products sold to us as for the benefit of current holders rarely are what they appear to be. Recall, we live in The Age of Deception, and virtually nothing is ever as it first appears to be.”
I explained exactly how I believed BTC prices would behave in regard to the introduction of the first BTC ETFs, with initial price surges greeting BTC but then followed with frequent price suppression schemes. I called out those that didn’t understand how derivative products would forever alter the BTC price management game, and not in a positive manner for current BTC investors/hodlers.