TFTC: Why the Next 12 Months Will Be HUGE For Bitcoin

Many assets have hit new all-time highs this year. That includes the stock market, gold, and bitcoin. Right now, stocks and bitcoin are off their highs. However, trends are on track for those assets to move higher.

As that happens, several factors could help boost the price of bitcoin even further. It could end the year at the six-figure mark. Over the next 12 months, the price could jump even more.

That’s because bitcoin has become an institutional asset. The rise of bitcoin-related ETFs earlier this year attracts capital to bitcoin. And those assets can now be parked in tax-deferred accounts such as a 401(k) or an IRA.

Meanwhile, U.S. debt continues to soar. With a deficit of over $35 trillion debt levels have been soaring.

Plus, Treasury yields on bonds are set to decline as interest rates decline. That offers investors a lower prospective return, especially if inflation jumps higher again.

And that’s in the United States alone. Other countries face similar, if not worse, challenges for investors in so-called safe assets.

These trends look attractive for bitcoin. As does the prospect for any market dislocation or fear. Investors can still invest in bitcoin at a reasonable discount to its recent highs ahead of its next move higher.

For a full review of how bitcoin could have a huge move over the next year, click here.