BTC Performed As The Institutions' Narrative Gained Steam

A Chart from the Binance monthly Crypto Research, which depicts how BTC and ETH performed as the institutions' narrative gained steam in the wake of Blackrock's unexpected application for a U.S. spot Bitcoin ETF, was uploaded online. Other important organizations like Wisdom Tree and Vascovanic also submitted a filing for the Bitcoin ETF. The Bitcoin market is beginning to heat up, and many Altcoins have been suffering, especially as a result of the SEC's activities, which claim in their lawsuits against various participants that many of these items are securities. We'll watch the course to see how everything turns out. Bitcoin is one item that is obviously not a security and has been so determined by the SEC. All of the money is seen flowing towards Bitcoin. We can see money flowing into bitcoin and a very healthy bitcoin market truly taking off. To kind of feed The Narrative of a huge season on the horizon, it is possible that next year will be the precise year when prices reach new all-time highs. We might be caught off guard and experience it sooner, but factors like inflation are already declining. Deflation has made some really significant jumps lately. The US CPI for June is anticipated this Wednesday, and the headline figure is predicted to drop to 3.2% year over year, marking the lowest readings since March 2021. Additionally, the issue with inflation is beginning to be resolved, and as a result, many of the long-standing worries that people have had about the state of the economy are beginning to fade.

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It's hilarious how crooked and dependent on big corporations like BlackRock for everything the media is. They essentially own controlling shares or a sufficient number of shares in nearly every significant firm to be able to obtain everything they need. These recent news discuss how Bitcoins are greatWQ for the environment, how they aid immigrants, how they treat cancer, how they save puppies from burning buildings, and other similar topics. This is the influence of financial giants like BlackRock and other players that are now investing in Bitcoins. They change The Narrative, they create the narrative, and they are the narrative when they wish to see it change. The long-term price of Bitcoin will be greatly affected by their involvement in Bitcoin and their decision to start promoting these types of Articles through their media apparatus. Blackrock is not our ally; they are only here to further their own interests. However, we shouldn't trust them since fringe perks will rally everyone to their cause and rocket our cryptocurrency prices to the High Heavens.

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JP Morgan has also stated that it is doubtful that the establishment of a Bitcoin ETF will change the game. JP Morgan is essentially saying, "Hey guys, don't go out and buy up all the cheap Bitcoin. We're still stuffing our fat little bags full of as much Bitcoin for us and our rich clients." We already know that a Bitcoin ETF will change the game, which is why BlackRock is investing in it and starting to push these news articles into the media since they, along with JP Morgan, are well aware of what has happened. These two companies are among the most evil and diabolical financial entities in the world, thus you cannot trust any of them.