Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
On CNBC's "Trading Nation," Todd Gordon of TradingAnalysis.com spoke about a bullish options strategy in Twitter, Inc. (NYSE:TWTR).
The company had a good earnings report last week and the stock moved higher. Gordon explained that Twitter gapped lower in August 2018 and it seems that it is trying to close the gap now.
He sees that as a bullish sign and he wants to buy the June 42/47 call spread for $1.29. The trade breaks even at $43.29 or 8.47 percent above the closing price on Tuesday. If the stock moves to $47 or higher, the trade is going to reach its maximal profit of $3.71.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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