CHINA UNLEASHING TRILLION DOLLAR BOMB! THIS WILL PUMP BITCOIN!
My Financial Friend
Market Overview
- Bitcoin is pushing up, currently over $100,000
- Total 2 (crypto market minus Bitcoin) is breaking out of a downtrending channel
- Altcoins are starting to move, with Solana and Suey looking particularly good
Corporate Bitcoin Holdings
- Micro Strategy has acquired 1,070 Bitcoin for $101,000 per Bitcoin
- Publicly listed company Kohler acquires 213.43 Bitcoin, achieving a Bitcoin yield of 93.7% year-to-date
- Corporations have exploded their Bitcoin holdings, with Micro Strategy's holdings more than doubling in the last year
China's Economic Stimulus
- China is expected to cut interest rates and unleash a round of stimulus to reinvigorate the economy
- The People's Bank of China has warned fund managers against chasing a bond rally
- China may be trying to create a strategic Bitcoin reserve, potentially beating the US to it
Cryptocurrency Prices
- Bitcoin is surging towards $100,000
- Solana is looking bullish, having broken out of a downtrend and retested prior resistance
- Suey is nearing all-time highs, but be prepared for potential 30% drawdowns
Trading
- There is a link to Blowfin underneath the video for those who want to trade cryptos
- The speaker is long on the market and excited for the year to come, but reminds viewers to do their own due diligence due to significant risk in leverage trading