Politicians Pump Crypto

Investors,

There are a variety of fundamentally bullish crypto developments taking place:

• Bitcoin ETFs have attracted more than $12Bn in net inflows

• The new halving epoch has begun

• Congress overturned SAB 121

• The FIT 21 bill passed the House

• The SEC gave blanket approval to Ethereum ETFs

• A bill to ban the Fed from issuing a CBDC passed the House

• Biden seems to be making a pivot towards being “crypto friendly”

• Trump is going all-in on crypto adoption, per his latest comments

Here’s what Trump had to say at a speech on Saturday evening:

With the election ~6 months away, it’s likely that crypto will, in part, act as a proxy for Trump’s likelihood of winning the presidency, whether we like it or not.

The truth is that I want to pay as little attention as possible to politics, especially in terms of making portfolio allocation and investment decisions… so I’ll continue to let the charts guide my outlook and decision-making process.

In this report, that’s exactly what I’m going to do: take a zoomed-out approach and analyze a variety of different cryptocurrency charts using technical indicators and statistics in order to give myself the best opportunity to align with the ongoing trend.

Of course, I’ll also address ongoing stock market dynamics and provide an update on my long-term portfolio activity from this week, explaining why I bought more shares of three stocks in particular. For one individual stock, I even doubled my position and think that it will go much higher in the months, quarters, and years ahead. I’ll focus in-depth on that stock to explain why I’m feeling so confident to buy more.

In total, this report contains 48 charts. Yes — 48 charts, with thorough analysis!

If that sounds valuable or intriguing to you, come join the premium team and get access to the full benefits of being a subscriber to Cubic Analytics!