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.
Speaking on Bloomberg Markets, Todd Horwitz of Bubba Trading suggested that investors should consider an options strategy in Direxion Shares Exchange Traded Fund Trust (NYSE: NUGT).
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He wants to sell the February 6 call and buy two February 8 calls. He has a $2 risk, but his upside potential is unlimited. Horwitz added that he expects gold to move higher by the February expiration and he is also bullish on silver. Direxion Shares Exchange Traded Fund Trust gained 5.80 percent on Wednesday.
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.