100K is completely within reach thanks to the Fed announcing today that it will continue to hold interest rates low through 2023. The monetary base will continue to expand. Inflation is expected. Bitcoin stands to gain the most, due to it's 100% non expandable supply.
I'm adding this to my portfolio for the rest of the year. It's pretty obvious how all of this pent up demand will bolster this company.
Consumers and investors with new stimulus money will cause predictable motion in this stock. I fundamentally disagree with reopening theorists. Our consumption through Amazon will only increase once we "return to normal" if there is even such a thing as normal anymore, which I doubt. We won't be going back to the old world - instead we will continue to inhabit the...
XNET is a well kept secret in today's crypto boom, but that wont last long. You heard it here first :)
XNET has not grown at the same speed as RIOT and MARA today, possibly due to it's obscurity in the minds of investors, but make no mistake the upside potential here is huge if you get on this train early. I expect to see a return to all time highs at $10, so this opportunity is actually greater than with the higher priced mining stocks. I have gone in for a large...
Bitcoin tested 57k last night, and is now breaking through to the upside. Riot investors will see this bullish confirmation in the Bitcoin price, and send Riot prices soaring up to test all-time highs around $77-79. Options are looking attractive today, and so are those underpriced shares. Cheers everyone!
Senate passage of the new stimulus package has reversed the direction of this market to the upside. Supply of Bitcoin is at an alltime low, with hodlers hoarding in advance of the stimulus dumptruck sending these prices sky high. We're sitting on top of a massive opportunity at these prices, and everybody should get a piece of this action. I fully expect the 100k...
We cleared the dip, the stimulus has passed and Bitcoin supply is at an all time low. Combined with last week's overcorrection to the downside, the stage is set for explosive growth here, and I see bargain basement prices on Shares and Call options. Live long and profit! MARA has lagged behind RIOT in trading today but get ready for a rubberband correction to the...
We cleared the dip, the stimulus has passed and Bitcoin supply is at an all time low. Combined with last week's overcorrection to the downside, the stage is set for explosive growth here, and I see bargain basement prices on Shares and Call options. Live long and profit!
Better panic sell before your fellow space ape does it first. WHO CAN MASH TEH BUTTON FIRST???!?!?
Buy impulses this morning were rejected as green candled were flattened by sellers. This downtrend in Bitcoin shows no signs of ending, as we head down to test, and I believe ultimately break through support around 47,000, erasing recent gains. This will begin the formation of a second lower peak after the ultimate bubble peak at 58k. Precipitous drops into the...
Sell and get out of the way, or set up shorts. Don't get caught holding those heavy bags.
SELL AND GET OUT OF THE WAY OR TAKE SHORTS
Just like the title says. ALL OUT SELL ALERT. BTC is crashing. The Crypto bubble has popped.
Same chart as before, republished now that the downtrend has additional confirmation after today's impressive bounce failed to correct the overall trajectory. Bitcoin in a confirmed bear market.
That was it folks. We're trending down for the foreseeable future until stimulus and recovery funding hits bank accounts. I would be looking for short setups on all assets that correlate with BTC. I already got my orders in, and took my hands off the crypto. Best of luck tomorrow, and I hope you stay in the green. Heavy down pressure on the Nasdaq expected.
Bitcoin, and all correlated assets $DOGE, $XNET, $MARA , $RIOT, $SQ , $PYPL , $TSLA Soon to post hot growth after reversal. Good time to accumulate.