Bitcoin Collapses Through Key Support Level

The Bitcoin bull market is over. Bitcoin has just collapsed by $7,674 to $50,468 and fell through its key support level.

On July 29th, after President Trump predicted Bitcoin would surpass the market cap of silver and gold, NIA sent out an alert agreeing with his strategy of getting Bitcoin enthusiasts to vote for him but pointing out how Trump has the perfect ability to pick the top of assets before they collapse.

We discussed how Trump accepting gold bars for rent on September 15, 2011, was the perfect top signal and exactly one week after gold's 2011 ten-year bull market peak at $1,920 per oz, which would today be equal to $4,000+ per oz.

If Trump is promoting Bitcoin there is literally nobody left to promote it afterwards.

As Bitcoin collapses and Apple (AAPL) crashes, we will see Americans begin buying gold and gold mining/exploration stocks for the first time in over a decade. It is surprising to us that it took this long to get to this point, but the phony/fake AI boom among big tech companies due to Nvidia creating CoreWeave to buy its own GPUs for datacenters and creating artificial demand that led to other big tech companies stocking up on GPUs despite having no use for them... successfully prolonged the NASDAQ tech bubble prior to the upcoming 10-year bear market! Most Nvidia GPUs sold to big tech companies are sitting in warehouses unused!

The Magnificent Seven AI Scam of 2023/2024 postponed the bull market in gold mining/exploration stocks by a year, but it is finally ready to begin in the weeks ahead! Up until now, gold's rally has been fueled entirely by China, with SPDR Gold Trust (GLD) holdings declining dramatically year-to-date. The highest quality gold explorers will begin to rally 500%-1,000% higher as Americans finally begin buying GLD and it experiences an upward reversal in fund flows.

Luckily for NIA members, despite the gold bull market being delayed by a year from Nvidia creating CoreWeave, we spent 2023/2024 discovering many of the largest gainers in the market including Rusoro Mining (TSXV: RML), Droneshield (ASX: DRO), Healwell AI (TSX: AIDX), Power Nickel (TSXV: PNPN), Daktronics (DAKT), and Zedge (ZDGE). Our only huge disappointment has been One Stop Systems (OSS), which is currently trading for $2.16 per share the same price that we suggested it at on February 13th. Even OSS did initially make a three-week gain of 112% to a high of $4.58 per share. OSS is the one AI stock that never became a bubble at any point in 2024. Over the next few years, OSS will capitalize on growth in military AI spending, which means their main revenue driver is recession proof.

We don't know what exact day the rally in gold explorers will begin, so it is best to focus on NIA's latest brand-new stock suggestion Celtic plc (LSE: CCP) or CLTFF, which we believe is the #1 most undervalued recession proof stock with the largest short-term upside!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from AIDX of US$50,000 cash for a six-month marketing contract. NIA has received compensation from PNPN of US$50,000 cash for a six-month marketing contract which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.