2015 is a Shemitah year leading many analysts to claim the remainder of the year could hold great volatility in the political and economic arenas. Shemitah predictions entail major implications for the future Bitcoin price, with some claiming $2 million Bitcoin due to the dislocations.
In a recent video, “SHEMITAH EXPOSED: Financial Crisis Planned For September 2015” (see video below), Dollar Vigilante Editor-in-Chief Jeff Berwick predicts major dislocations as early as this fall. These, according to the founder of Canadian financial website Stockhouse, could have major implications for the Bitcoin price.
The video has more than 300,000 views on YouTube, one of his most popular video to date. Author of the Austrian Economics newsletter providing insight into the global economic crisis and expatriation, Berwick recommended in 2011 to look into bitcoin as a means of diversifying an investment portfolio.
“I predicted at that time that we had five and no more than ten years until a complete collapse of the financial and monetary systems,” Berwick tells CCN.
“We began talking about bitcoin at $3 in 2011 and still to this day, 99% of financial newsletters don’t even mention it or if they do it is to be negative about it,” Berwick