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.
A few weeks ago, I discussed how the Aussie-Yen would be able to offer warnings signs for the S&P 500 before it would start to correct. It is quite impressive that both of them are highly correlated; it is a very useful phenomenon. What is even more special is that this correlation is still working in this QE3-driven market. Right now the Aussie-Yen is giving some huge warnings signs by making lower highs, while the US Markets are make higher highs. What usually happens is the US markets will likely correct (refer to the chart below to see past signals as well as the current divergence between the two). Despite a possible upcoming correction, I still believe the markets will make higher highs after this correction, as long as there is QE3.
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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