After half a year of tough sideways consolidation at the midterm important hurdle at 31,000 USD, Bitcoin is now breaking out dynamically to the upside! It already went up to over 36,000 USD! What is possible with Bitcoin in the near future? And why are prices exploding right now?

That is why Bitcoin is exploding right now There are a few large investors on the markets with such extensive resources that they can influence prices significantly. Without a doubt, Larry Fink, the CEO of BlackRock, is one of these people.

BlackRock, in turn, is the world’s largest asset manager. It manages the incredible sum of 9 trillion dollars that can be invested or withdrawn.

BlackRock can significantly move prices with its positions and be behind medium and long-term trend movements. Nothing much usually happens without BlackRock.

Larry Fink was once skeptical about Bitcoin. But he now sees the cryptocurrency as revolutionary asset.

BlackRock wants the Bitcoin ETF – and will get it Last year, BlackRock even submitted an application for a Bitcoin ETF to the US Securities and Exchange Commission (SEC). This application was initially rejected, but BlackRock does not give up.

With the market power of BlackRock, it should only be a matter of time before the approval comes. Recently there were speculations in the market that the approval is imminent. This caused the Bitcoin price to rise. Because such an ETF would cause the demand for Bitcoins to explode.

Exploding demand meets scarce supply – prices skyrocket! However, the supply of Bitcoins is limited from the outset. Because Bitcoin is a deflationary currency.

In such a situation, demand surges are particularly noticeable in the price. Because, unlike our infinitely reproducible paper money, the amount of new Bitcoins is limited to a maximum number in the future.

So fewer and fewer new units are added, which increases the value of existing Bitcoins. This works similarly to gold, where only new ounces come onto the market through mining. But here too, production will eventually be completely exhausted. Probably sooner with Bitcoin than with gold.

So you can best benefit from the development! Such a constellation as currently with Bitcoin probably only exists once in your investor life. You have to be here!

But be careful! On the usual trading paths for Bitcoin (via a so-called wallet) there are unusually large dangers. In the past, hackers have repeatedly emptied the wallets of customers, crypto exchanges have collapsed and all the money was gone.

In my trading service Voigts Global Profits we have found a better, safer way to trade with cryptocurrencies. It’s that simple. Just as easy as trading a stock.

How to do it, which papers to buy and when to sell again, you will only learn in my trading service. Only there can I give you concrete investment recommendations.