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.
Ethereum (ETH) +17% 📈
Ethereum, the world’s 2nd largest cryptocurrency, was up more than 17% the past two weeks to set a new all time high over $4,400.
Premium subscribers will remember we wrote about Ethereum 5 months ago when the price was around $2000 and had dropped 38% in the prior 2 weeks. What we wrote at the time has shown to be a great opportunity:
“This period of intense scrutiny and focus on Bitcoin & cryptocurrencies has allowed Ethereum to garner more attention as a completely different opportunity within blockchain technology. An opportunity we believe you should be buying and one that will be heavily rewarded when the dust settles. In a number of places we look, the “smart money” is buying Ethereum now to be in profit later.”
The dust has settled and buyers have been rewarded for their patience with a significant profit return. We continue to stress all pullbacks are buying opportunities and believe a five-figure price target for Ethereum is very likely in the future. Recognize opportunity and act on it.
Ether price soars to new all-time high - The Block
