"How to Ride Bitcoin's Meteoric Rise Without Buying Crypto" Nate Bear, Lead Technical Tactician, Monument Traders Alliance Hey gang, The crypto market is absolutely on fire! 🔥🔥🔥 Bitcoin's impressive 33% jump since the election isn't just a flash in the pan—it's a reflection of strong bullish sentiment that's capturing global attention. While everyone scrambles to buy Bitcoin at $90k, I've found a way to capture this momentum for pennies on the dollar. Analysts are throwing around predictions of Bitcoin reaching $100k by year-end, while retail traders flood social media boasting about their holdings. This kind of momentum can feed into a self-sustaining cycle, but it can also create a bubble that bursts when you least expect it. That's exactly why today's trade is so perfect - it lets us ride Bitcoin's surge while keeping our risk defined. But before I reveal this opportunity, let's understand why everyone is so bullish on Bitcoin. The Bitcoin Surge Catalyst Donald Trump has positioned himself as the most pro-cryptocurrency president in American history. During his campaign, he vowed to make the United States the "crypto capital of the planet," and he's wasting no time setting that plan into motion. Here's what's driving Bitcoin's explosive move: Establishing a National Bitcoin Reserve: At a Bitcoin conference in Nashville back in July, Trump discussed leveraging the government's existing Bitcoin holdings—estimated at around 200,000 BTC worth approximately $18 billion, mostly seized from criminal activities—to kickstart a national strategic Bitcoin reserve. Aggressive Acquisition Plans: The proposed plan includes acquiring up to 200,000 BTC annually over five years, potentially amassing a total of 1 million BTC, or about 5% of Bitcoin's total supply. This isn't just government endorsement - it's rocket fuel for Bitcoin's price…and it's just the beginning... The dominos are already falling into place: - Legislative Support with the Bitcoin Act
- Pennsylvania's Strategic Reserve Act allowing a 10% allocation
- Institutional investors flooding in
Each catalyst builds on the last, creating a perfect storm for Bitcoin's price to skyrocket.. The Fear of Missing Out (FOMO) drives people to keep jumping in, pushing prices higher until the bubble bursts. And that's exactly where our opportunity comes in. My Scanner's Perfect Bitcoin Play While Bitcoin has to be one of my favorite charts right now, investing directly in it isn't everyone's cup of tea. Think about it... - One Bitcoin costs $90k
- Crypto wallets are complicated
- Regulatory uncertainty adds risk
That's where Hut 8 Mining Corp. (HUT) comes in. My scanner flagged this gem because it gives us the perfect way to play Bitcoin's momentum without the hassle. Here's why HUT caught my attention: First, look at Bitcoin's setup: This 195-minute setup is absolutely gorgeous. There's a clear TPS setup with a strong TREND higher and tightening consolidation PATTERN. The red dots at the bottom indicate a SQUEEZE, while the histogram signals bullish short-term momentum. Now here's what makes HUT special: While HUT's chart isn't as crisp as Bitcoin's, that's exactly what creates our opportunity. The options are cheap, and when Bitcoin breaks higher, HUT typically follows with explosive moves. So here's what I'm seeing: - Cheap options premiums
- Strong correlation to Bitcoin
- Perfect timing with Trump's crypto initiatives
- Clear technical setup forming
So, this is the trade plan I sent out to Profit Surge Trader: | 
No comments:
Post a Comment