Surging inflation is only solidifying the case to buy Bitcoin (BTC)…
On June 10, the U.S. Department of Labor reported hotter-than-expected inflation. The Consumer Price Index (CPI), which tracks the price of goods and services, jumped 8.6% year over year.
While the increase wasn’t drastically higher than the prior month’s, that percentage marked a four-decade high for inflation.
The Labor Department emphasized this was primarily due to increased housing, energy, and food costs – which rose 0.6%, 34.6%, and 1.2%, respectively.
This has many analysts concerned, as it remains unclear whether inflation has peaked or if it will continue to rise. And with the ongoing war in Ukraine, China’s lockdowns, and other woes, fears of a recession are gaining steam.
As a result, many investors are worried about how they can maintain their wealth and protect their portfolios.
And Bitcoin is a great way to do this…
Even with the recent sell-off in cryptocurrencies, Bitcoin is a historically strong hedge against inflation due to its limited supply and decentralized nature.
The cryptocurrency’s supply has been capped at 21 million coins, meaning there is no risk of excess supply.
With 18.77 million coins having already entered the market, 90% of the total possible Bitcoin has already been mined.
As new coins get mined today, Bitcoin's inflation rate is currently 1.7% and always dropping by definition with its supply cap.
So, with its price down from pandemic highs, now is the perfect time to scoop up the scarce digital asset before it rebounds significantly higher.
I Will Prove To You Crypto is Going Back Up
Charlie Shrem here.
I think I have something you'll want to see.
In a moment, I am going to tell you exactly what's happening in the crypto markets and why there is so much volatility, and I'll even reveal why it all points to a massive crypto bull run on the horizon.
Just take a look at this chart…
This is a graph of Bitcoin's performance since 2010.
You might be wondering… what does Bitcoin have to do with the whole cryptocurrency market?
Bitcoin is like the S&P 500 of cryptos…
So, wherever Bitcoin goes, the crypto markets usually follow.
And if you look closely…
You'll notice that Bitcoin has followed the same exact pattern three separate times… around four years apart.
Funny enough, this pattern is no coincidence.
This unusual event is what I call a “Bitcoin Halving”…
And it's happening right as we speak.
The Bitcoin Halving follows three phases…
The first phase is a massive crash… Sound familiar?
Then the second phase is when Bitcoin tries to reach the halfway point of what it initially lost…
And once it passes the halfway point… we enter Phase 3, when Bitcoin reaches record-high numbers.
If this happened one time, it would be a coincidence. If this happened twice, I still would still feel skeptical bringing it to you…
But three times in a row, four years apart… that's hard to overlook.
Not to mention, each Bitcoin-halving rally has averaged 3,000% gains.
Now I can't take all of the credit for finding this unseen breakthrough.
In fact, my new Crypto Cash Calendar system consistently finds major crypto movements, like the Bitcoin halving, weeks before they happen.
Here's what this means for you:
The fourth Bitcoin halving is underway right now.
Once Phase 2 begins…
My Crypto Cash Calendar has alerted me… a three-year bull run, with 30X potential, will take the crypto markets by storm.
In my new urgent presentation, I show you everything you need to know to profit from this three-year bull run… including the three dates you should have marked on your calendar RIGHT NOW.
In fact, the next date is just days away!