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.
Scott Nations of Nations Indexes suggested on CNBC's "Futures Outlook" that investors should consider selling crude oil. He is concerned about the commodity because it traded lower on the bullish news of a decline in inventory. Despite the decline, inventory is still around 14% higher than the five-year average for this time of the year.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
To make a bearish trade, Nations wants to sell the October futures contract in crude oil at $42. His stop loss is at $43 and he has a target price of $39. He is risking $1,000 to make $3,000.
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.