Have you noticed how every chance they get, they'll try to convince you that this is a major top for Bitcoin and the ponzi scheme is officially over?
The no coiners are angry like that. Imagine what it must be like to not have owned Bitcoin this entire time? Ouch.
Here's the "historic top" they're trying to scare you about.
You tell me, does this look like the end of a major bull market, or does this just look like a normal healthy consolidation within an ongoing secular bull market?
There are opportunities in this space whether you trade Crypto currencies or not.
You've got the ETFs that track the price of Bitcoin and other tokens. You have the Crypto Miners like MARA and RIOT and others, which have presented us with several year-making opportunities this cycle.
And of course, you have the infamous Microstrategy $MSTR, where Michael Saylor continues to buy more and more Bitcoin with every rally or dip. He does not discriminate. He just keeps on buying.
Here's a zoomed out look at Microstrategy so you can see this was just the highest quarterly close in the history of the company, even dating back to before the dot com bubble:
The market doesn't promise us much. But the one guarantee that the market does make is that there will be more opportunities in the future.
That we know for sure.
And while I don't exactly what those opportunities will be a month from now, or 3 months from now or even next Fall, I do know for a fact that there will be trades to be made with very asymmetrical risk vs reward propositions.
That's all we can ask for.
I will personally be walking through the current opportunities in the market this Monday during our first LIVE Monthly Strategy Session of the new Year.
If you're not already a Premium Member of ASC, you can contact Mary and see if you have any credits available to use towards your membership.
See you in there!
JC
All the ASC Research and trade setups are tailored for any market so you're prepared for bullish, bearish, or choppy action. All Star Charts Premium has you covered with:
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Don’t let another year go by wondering what could have been.
Feel free to contact Mary and she'll set you up with what you need to get going.
