Don’t Ignore This New Bull Market
Amanda Heckman|April 15, 2023
We did something this week that we’d never done before here at Manward…
We put out an emergency midyear prediction.
Ignore it… and you could miss out on some explosive gains.
First and foremost…
Just this week, Bitcoin breached the $30,000 level. It is a crucial psychological barrier that the bears and bulls were both watching closely…
And now the bulls are in charge.
(Even Wednesday’s news of slightly cooler inflation numbers didn’t faze them… because inflation is still too high.)
But it wasn’t just Bitcoin making headlines this week…
Ethereum – the No. 2 crypto behind Bitcoin – also hit a critical price level.
The Ethereum blockchain went through an important upgrade this week. It was the final stage of Ethereum’s much-anticipated transition from a proof-of-work model to a far more energy-efficient proof-of-stake system.
We’ll spare you the techno-babble. All you need to know is that the upgrade went flawlessly… and Ethereum investors rejoiced, sending the crypto above $2,000.
While these two cryptos are hitting highs we haven’t seen in nearly a year (and trouncing the S&P 500 this year – see here)…
That’s not the only reason Andy made his prediction. As we’ve been talking about for weeks, high inflation… the banking crisis… and a Fed pivot on interest rates… all play a part. (You can read Andy’s breakdown of it all right here.)
But since we published that essay… we’ve gotten even more bullish news for the sector…
Thanks to Elon Musk and his pet project, Twitter.
As Andy shared with Manward’s premium subscribers yesterday, Twitter now gives users the ability to buy and sell crypto, stocks and other assets via eToro, an online social trading platform.
Using Twitter’s popular “cashtags,” which pull up price data for assets on the Twitter platform, users can click on a link that will take them to eToro’s website, where they can buy or sell the stock or cryptocurrency and see more detailed trading information.
It’s a huge move for Twitter… and the crypto market stands to benefit the most.
As Andy explained…
|
In 2021, all it took was one hot tweet about a token or one fiery bulletin board post to get prices surging. With this partnership, we can expect a resurgence of that trend. |
|
|
We’ll be sure to see a flood of new trading activity as Twitter’s new feature rolls out.
The crypto market’s in a fresh bull market. It’s time to buy.
For details on how Andy’s playing the trend and how you can get in on the action, click here.
Amanda Heckman
Amanda Heckman is the editorial director of Manward Press. With unrivaled meticulousness, she has spent the past dozen or so years – give or take a few sabbaticals – sharpening Andy’s already razorlike wit. A classically trained musician and a skilled writer in her own right, Amanda takes an artistic approach to the complex world of investing. Her skill has led her to work with numerous bestselling authors, award-winning financial gurus and – lucky for us – the fine folks at Manward Press.
