(Recorded on 04/23/24) In this live webcast, trading coach Jerry Robinson shares his signature commentary on the latest price action in Bitcoin in the wake of its highly anticipated fourth halving event. Later, Jerry shares several short-term trading ideas....
Segment 1: Here Come the Titans
SEGMENT BEGINS AT 00:38
Wall Street is warming up to Bitcoin, as evidenced by one of BlackRock’s recent filings with the SEC. Economist/trend trader Jerry Robinson discusses this significant shift in thinking and what all of this may mean for you as a trader or investor.
- Juggernaut BlackRock has filed with SEC for Spot Bitcoin ETF
- What about the SEC?
- Institutional adoption was always the goal
- Remember, Bitcoin is a currency
- There is a finite supply of Bitcoin (unlike the U.S. Dollar)
- 10% of Bitcoin is lost
- More Bitcoin than ever is now ‘dormant’
- Our projected price target for Bitcoin for 2025
- Ethereum is next…
- Learn about Bitcoin and our approach to crypto investing with our Video: “Bitcoin 101”
Recommended Links
- Join our Global Community (Enjoy a free 7-day trial completely risk-free with no obligation)
- Bitcoin Bonanza on Tap if BlackRock ETF is Approved (WSJ)
- BlackRock files for bitcoin ETF in push into crypto (Reuters)
- US court questions SEC’s rejection of Grayscale’s bitcoin fund proposal (Reuters)
- US Bitcoin supply fell over 10% in the past year — Glassnode (Trading View)
- Over 53% of coins ever minted haven’t budged for more than two years, Glassnode says (CoinTelegraph)
- PODCAST: Is Crypto Dead?
- PODCAST: Crypto Investing in 2023
Segment 2: The Final Word w/ Jerry Robinson
SEGMENT BEGINS AT 43:36
Jerry closes out today’s show with a wise quote from a legendary investor regarding the importance and profitability of keeping a balanced perspective of the market regardless of its movements.