New Kids on the Blockchain

JC Parets
August 22, 2024

If you're like me and you have a bullish long-term bias towards Bitcoin and other Crypto assets, then you're constantly looking for opportunities to get exposure.

But with equities in the middle of a bull market, we also don't want to be in something that isn't moving.

This is the time to make money. So we want to make sure we're in the things that can make us money NOW, not "one day hopefully in the future..."

Take a look at the price of Bitcoin still working on completing this multi-year base.

When I go through all the crypto assets out there, many of them still come with a ton of opportunity cost.

That's not a good thing during bull markets.

I'm much more interested in the names that are actionable NOW.

Notice how Microstrategy, for example, is already above those prior cycle highs.

This is what we call relative strength - and it's got me much more interested in the space.

This chart up here is one way to do it.

Michael Saylor is a mad man. And I love it.

But of all of these names, I really really like this buying coming into Riot Platforms $RIOT.

It's actually the latest trade that was just dropped for Breakout Multiplier

Remember, the Breakout Multiplier trades are not just looking for 10-20 or even 30% gains.

This strategy is specifically designed to find 300-500% winners or even more.

We're turning "regular" trades into homeruns, that can really make our year!

Here's a snippet of the note that was just sent to Members of Breakout Multiplier:

Buyers stepped into $RIOT and supported the stock as soon as it cut to new lows two Mondays ago. 

But while this has all the looks of a failed breakdown, we are yet to see a swift move higher. Instead, price is still chopping around at this shelf of old lows.

We also really like how momentum did not get oversold to confirm the new lows recently. This is not shown in the chart above, but is based on the daily RSI-14 indicator.

Let’s get long this coil and bet on an upside resolution in the coming days and weeks.

Here's the play:

We are buying [][][][][][][][][][][][][][] for approximately [][][][][][][][][][].

 We plan to sell half of our position if and when the value doubles. This will remove all of our original risk capital and allow us to enjoy a free ride on a leveraged long Bitcoin vehicle.

- Steve

Get 24/7 Access to Breakout Multiplier Trades

Markets are moving fast right now. Breakout Multiplier is designed to take advantage of this kind of price action.

Join us as we turn 20% and 30% trades into 300% and 500% winners!

2 new trades just dropped, including one on $RIOT shown above.

Come get all the details, entry levels and price targets.

But you gotta move. Click Here to get in.

See you in there!

JC

 

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