Hello Premium Subscriber,
We share bi-weekly commentary with premium investors on stocks/cryptos in our strategy which have appreciated and/or depreciated greatly during the past week(s). This helps to keep you informed of the most pertinent developments and what we think it means going forward.
Bitcoin (BTC) +30% 📈
Bitcoin, the world’s largest cryptocurrency is up over 30% the past two weeks and within 5% of a new all time high on a variety of headline news. One being the likely approval of the first Bitcoin Futures ETF by the SEC early next week. A second is the consistent evidence that inflation is real and decreasing the purchasing power (value) of your dollar.
We believe the fun is just beginning as Bitcoin prepares for a new all-time high and the FOMO (fear of missing out) kicks in. We continue to stress a “buy the dip” mentality as we have from the first premium edition as Bitcoin will top 6 figures sooner than later.
SEC set to allow Bitcoin Futures ETFs as deadline looms. - Bloomberg
