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